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KuCoin announces that it will charge inactive fees for accounts that have not completed KYC: users need to respond as soon as possible, and new users from China and the U.S. are restricted.
To strengthen asset security and reduce potential risks, cryptocurrency exchange KuCoin recently announced that it will impose 'inactive fees' on accounts that have not completed KYC (Know Your Customer) or KYB (Know Your Business) verification and are inactive. This new policy will directly affect users of accounts that cannot verify their identity, especially those residing in restricted areas, such as the United States and mainland China.
The fee applies to inactive accounts that have not completed KYC/KYB.
According to the KuCoin announcement, only 'inactive' non-KYC/KYB accounts will be charged inactive fees. Accounts that have completed identity or business verification will be exempt from this fee mechanism.
The fee applies to inactive accounts that have not completed KYC/KYB.
According to the KuCoin announcement, only 'inactive' non-KYC/KYB accounts will be charged inactive fees. Accounts that have completed identity or business verification will be exempt from this fee mechanism.
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Middle East crisis escalates! Iran warns the U.S. not to intervene to avoid 'suffering irreparable damage'
As the conflict between Israel and Iran continues to escalate, Iran's Supreme Leader Khamenei warned that if the U.S. intervenes militarily, it will face 'irreparable damage.' This tough statement has reignited concerns about the possibility of direct U.S. involvement in the Middle Eastern conflict and has caused global markets to closely monitor the situation, especially regarding fluctuations in oil prices and safe-haven assets like gold.
Iran warns: If the U.S. sends troops, it will reap what it sows
In a statement this past Wednesday, Khamenei clearly pointed out: 'Any military action by the United States will undoubtedly result in irreparable losses.' He added that once the U.S. intervenes, the damage it will suffer 'will far exceed what Iran faces,' and even 'will be irreversible.'
Iran warns: If the U.S. sends troops, it will reap what it sows
In a statement this past Wednesday, Khamenei clearly pointed out: 'Any military action by the United States will undoubtedly result in irreparable losses.' He added that once the U.S. intervenes, the damage it will suffer 'will far exceed what Iran faces,' and even 'will be irreversible.'
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Pudgy Penguins announces tokens can accumulate airline mileage points, analysts believe PENGU prices are in a support range
Pudgy Penguins announced on X a partnership with Europe's largest Lufthansa Group's Miles & More travel mileage reward program, further promoting the application scenarios of PENGU coins. Through this cooperation, users can use PENGU or fiat currency in the Pudgy Shop store to shop and accumulate to Miles & More's mileage program at the same time. These accumulated points can be used to redeem air tickets, travel and other rewards. Miles & More is a bonus point accumulation program for frequent travelers. In the future, you can accumulate Miles & More points when you spend at Pudgy Shop.
The brand-new cross-industry cooperation means that PENGU has officially entered the mainstream traditional tourism industry, expanding the payment application scenarios of Penguin Coin PENGU to a brand-new market. Miles & More is Europe's largest travel reward website, with more than 300 partners, including airlines, hotels, car rentals, and daily necessities. Pudgy Penguins token holders can use tokens to participate in global travel reward programs.
The brand-new cross-industry cooperation means that PENGU has officially entered the mainstream traditional tourism industry, expanding the payment application scenarios of Penguin Coin PENGU to a brand-new market. Miles & More is Europe's largest travel reward website, with more than 300 partners, including airlines, hotels, car rentals, and daily necessities. Pudgy Penguins token holders can use tokens to participate in global travel reward programs.
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Will the national ETF 0050's 1-for-4 split create premium arbitrage opportunities? Financial influencer: Large investors will use the subscription mechanism for arbitrage.
After the suspension of trading for Yuanta Taiwan 50 (code 0050) from June 11 to 17, it recently completed a 1-for-4 stock split. The last closing price was 188.65, and today it opened at 47.25, closing at 47.57. Some believe that stock splits make the price of 0050 more 'affordable', but in today's market of fractional shares, the impact is minimal. It is worth noting that stock pledge loans are often based on complete shares, and stock splits also reduce the threshold for pledging 0050 for loans.
What happens when Yuanta Taiwan 50 splits? The number of shares quadruples, and the price per share becomes one-fourth.
What happens when Yuanta Taiwan 50 splits? The number of shares quadruples, and the price per share becomes one-fourth.
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Meta considers cryptocurrency content as 'fraud,' leading to the banning of multiple crypto influencers' accounts.
(Fraud Prevention and Control Act), also known as the 'Anti-Fraud Special Law,' came into effect on August 2 last year. After Meta violated the digital advertising real-name system and was fined 1 million this year, it is now involved in 23 regulation violations. Additionally, the Ministry of Digital Affairs revealed that senior executives from Meta's U.S. headquarters will visit Taiwan in July to discuss fraud-related issues. On the other hand, IG has recently faced complaints from many users about accounts being 'suddenly banned,' with many crypto influencers' accounts permanently banned by Meta on the grounds of 'fraudulent cryptocurrency content.' Currently, users have also formed a self-help group to assist each other, and the AI review mechanism has become the focus of criticism. Meanwhile, many users with engineering backgrounds have been analyzing the reasons behind account locks.
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ZachXBT: Politicians lead the way in crypto crime, hacking is more profitable than serious construction
As on-chain data becomes more transparent, the crypto industry has fallen into the darkest moral trough. Chain detective ZachXBT recently published an article pointing out that the crypto field has entered a "crime super cycle", with politicians taking the lead in issuing coins, courts revoking multiple controversial lawsuits, and protocol developers turning a blind eye to hackers laundering money. He is worried that the corruption of blockchain may make many on-chain ecosystems unsustainable.
Crime reigns supreme: Protocols turn a blind eye to illegally stolen funds
ZachXBT criticized in the article that the rules of today's crypto world have been reversed, and crime has entered a supercycle, which is more rampant than ever before. He pointed out: "Some protocols have witnessed more than 50% of on-chain activities coming from stolen funds, but the team chose to collect fees and do nothing."
Crime reigns supreme: Protocols turn a blind eye to illegally stolen funds
ZachXBT criticized in the article that the rules of today's crypto world have been reversed, and crime has entered a supercycle, which is more rampant than ever before. He pointed out: "Some protocols have witnessed more than 50% of on-chain activities coming from stolen funds, but the team chose to collect fees and do nothing."
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Crypto stocks have become a new battlefield for cryptocurrency traders! How to buy and sell virtual currency stocks through re-entrustment or overseas brokers?
As cryptocurrencies gradually enter traditional finance, stablecoin issuer Circle and Bitcoin reserve strategy pioneer Micro Strategy have become familiar stock names to investors, and more Bitcoin reserve strategy companies, SOL reserve strategy companies, and even companies with ETH and TRX as reserves have sprung up like mushrooms after rain, and most of them have increased several times in the early stage, which is more amazing than the cryptocurrency itself! This article will introduce how to join this new blue ocean market by opening an overseas securities account or a multiple-trust account.
What are the advantages and disadvantages of opening an overseas securities account?
What are the advantages and disadvantages of opening an overseas securities account?
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Iran's banking system and cryptocurrency exchanges are completely paralyzed! If the Taiwan Strait encounters an information war, can holding Bitcoin be a hedge?
The war between Israel and Iran has reached a stalemate. Iranian TV even announced that there will be a surprise tonight that will be remembered by the world for centuries. Recently, Iran's Bank Sepah suffered a cyber attack, and its online services were interrupted and data was destroyed. Iran's centralized cryptocurrency exchange Nobitex was also hacked for more than $81.5 million. The Israeli-related hacker group Gonjeshke Darande came forward to admit to launching these two attacks. It also makes people think about the extent to which holding cryptocurrencies can be used as a hedge in Taiwan, which is also facing the crisis of information warfare.
Israeli hacker Gonjeshke Darande paralyzed Iran's banking system
Israeli hacker Gonjeshke Darande paralyzed Iran's banking system
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Can AI fake videos teach you financial freedom? A Japanese company releases the latest technology to identify fake animations, using AI to control AI.
Lao Gao has established an experimental YouTube channel, Mr. Tabby Tales, proving that as long as one can use AI, one can create deceptive short videos to achieve financial freedom?! He produced a series of cat-and-mouse videos using generative AI, attracting 380,000 subscribers with just 12 uploaded videos. This also exposes a problem: the internet media is flooded with fake news and counterfeit videos, and as these short films become more sophisticated, how can one judge their authenticity? A Japanese media interview revealed a startup company that has released the latest AI technology to detect and analyze the possibility of video forgery, effectively using AI to control AI, preventing generative AI from falling into the hands of criminals and becoming a tool for fraud.
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JD.com Founder Liu Qiangdong's Layout of Stablecoins: Cross-Border Payment Costs Reduced by 90%, Currency Exchange Completed Within 10 Seconds
On the eve of the 618 e-commerce festival, JD.com founder Liu Qiangdong made a rare appearance to deliver a 50-minute speech, revealing JD.com's future transformation direction. Notably, he emphasized promoting the 'globalization of stablecoins' plan. By applying for multiple licenses, he highlighted that stablecoins will enhance cross-border payment efficiency and significantly reduce costs, becoming a key financial infrastructure for Chinese brands to enter the world.
JD.com applies for stablecoin licenses in multiple countries: efficiency and low cost become key weapons.
Liu Qiangdong stated at the press conference that JD.com has begun applying for stablecoin licenses in major sovereign countries globally, initially focusing on cross-border settlement for enterprises (B2B), and in the future, using 'JD Local Currency' as a universal tool for brand transactions, advancing to consumer-to-consumer (C2C) payment applications.
JD.com applies for stablecoin licenses in multiple countries: efficiency and low cost become key weapons.
Liu Qiangdong stated at the press conference that JD.com has begun applying for stablecoin licenses in major sovereign countries globally, initially focusing on cross-border settlement for enterprises (B2B), and in the future, using 'JD Local Currency' as a universal tool for brand transactions, advancing to consumer-to-consumer (C2C) payment applications.
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OpenAI Blocks Meta's Multi-Million Poaching Efforts, Turns Around to Sign a $200 Million Contract with the U.S. Department of Defense
OpenAI CEO Sam Altman revealed on June 17 during a YouTube show (Uncapped) hosted by his brother Jack Altman that Meta spent over $100 million in signing bonuses to poach OpenAI engineers. However, he emphasized that not a single one of their strongest core talents has left. Almost at the same time, OpenAI successfully signed a $200 million pilot contract with the U.S. Department of Defense, entering the defense AI market, with competition between the two tech giants intensifying.
Meta's high-priced poaching of OpenAI employees aims to build an AI 'superintelligence' team.
Altman described Meta's poaching attempts as simply crazy and revealed they offered $100 million to poach their engineers, with potential annual salaries even higher. He added that Meta has made quite attractive offers to several OpenAI employees, but so far, not a single core or top talent has left.
Meta's high-priced poaching of OpenAI employees aims to build an AI 'superintelligence' team.
Altman described Meta's poaching attempts as simply crazy and revealed they offered $100 million to poach their engineers, with potential annual salaries even higher. He added that Meta has made quite attractive offers to several OpenAI employees, but so far, not a single core or top talent has left.
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Meta's attempt to poach OpenAI talent fails, with signing bonuses estimated at $100 million still unable to attract anyone.
Competition in the field of artificial intelligence is becoming increasingly fierce, and the two Silicon Valley giants OpenAI and Meta are stirring up a storm of discussion. OpenAI CEO Sam Altman recently revealed that Meta is actively poaching their core team members with highly attractive salaries and signing bonuses, some of which reach as high as $100 million. However, Altman stated that to date, not a single 'top talent' has accepted Meta's invitation.
Meta offers signing bonuses exceeding $100 million but fails to lure core OpenAI employees.
In a podcast hosted by Altman and his brother (Uncapped), he candidly stated that Meta's attempts to recruit a large number of OpenAI employees included extremely high signing bonuses and total salaries, but so far no one has switched jobs. He noted: 'I hear that Meta sees us as their biggest competitor, their AI progress is not as expected, but I respect their willingness to keep trying and innovating.'
Meta offers signing bonuses exceeding $100 million but fails to lure core OpenAI employees.
In a podcast hosted by Altman and his brother (Uncapped), he candidly stated that Meta's attempts to recruit a large number of OpenAI employees included extremely high signing bonuses and total salaries, but so far no one has switched jobs. He noted: 'I hear that Meta sees us as their biggest competitor, their AI progress is not as expected, but I respect their willingness to keep trying and innovating.'
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JPMorgan and Coinbase jointly promote the JPMD deposit token pilot program, with Base as the preferred testing ground
Naveen Mallela, co-director of JPMorgan's blockchain platform Kinexys, announced this morning (6/18) that they will collaborate with the well-known exchange Coinbase to launch a pilot program for the deposit token JPMD and deploy it on the Base chain for testing. He emphasized: "This is the first time in history that a commercial bank has launched deposit tokens on a public blockchain."
Holders of the deposit token JPMD can earn interest.
Deposit tokens are a transferable digital currency, essentially "tokenizing" users' deposits in banks, enabling real-time settlement on the chain.
Holders of the deposit token JPMD can earn interest.
Deposit tokens are a transferable digital currency, essentially "tokenizing" users' deposits in banks, enabling real-time settlement on the chain.
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Solana token leveraging ETF and meme trends, XRP may rise to $5 by 2025—setting the runway for XYZVerse's presale.
New investment funds and online meme trends have boosted blockchain asset trends, including Solana ecosystem tokens. The market predicts XRP may challenge $5 by 2025, and this optimistic atmosphere has also heated up the presale momentum for XYZVerse. A convergence of positive factors could bring significant changes to the cryptocurrency market.
XYZVerse leads the new trend, the next 50x meme coin?
The hype around XYZVerse is real. The team has set a goal: to rewrite records in the meme coin space once listed, aiming for a 50x growth.
The presale discount is currently open, and early bird investors can purchase $XYZ tokens at a price significantly lower than the expected listing price.
XYZVerse leads the new trend, the next 50x meme coin?
The hype around XYZVerse is real. The team has set a goal: to rewrite records in the meme coin space once listed, aiming for a 50x growth.
The presale discount is currently open, and early bird investors can purchase $XYZ tokens at a price significantly lower than the expected listing price.
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In 2025, the Korean won trading volume in cryptocurrency is second only to the US dollar! One-third of adults in South Korea hold cryptocurrencies, and the legalization of ETFs will further boost growth.
In 2025, South Korea's cryptocurrency market is focused on one thing from retail investors to the political arena: when will a legal cryptocurrency ETF be officially launched? This article will delve into the dynamics of the South Korean market, political trends, and regulatory status, revealing the latest developments in this financial revolution.
South Korea has risen to become the second-largest cryptocurrency market in the world.
According to data, the cryptocurrency trading volume in Korean won reached an astonishing $663 billion in 2025, second only to the US market's $832 billion. This figure not only highlights the scale of the South Korean market but is almost on par with the global US dollar cryptocurrency trading volume, reflecting South Korea's key position in the global digital asset ecosystem.
South Korea has risen to become the second-largest cryptocurrency market in the world.
According to data, the cryptocurrency trading volume in Korean won reached an astonishing $663 billion in 2025, second only to the US market's $832 billion. This figure not only highlights the scale of the South Korean market but is almost on par with the global US dollar cryptocurrency trading volume, reflecting South Korea's key position in the global digital asset ecosystem.
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Ophthalmic company Eyenovia raises $50 million to create HYPE crypto reserve, with stock price rising 134% in a single day
The US-listed ophthalmic technology company Eyenovia announced yesterday that it will privately place $50 million to purchase Hyperliquid's native token HYPE, becoming the first international company to include HYPE in its financial reserves. At the same time, the company will change its name to Hyperion DeFi, appoint a new Chief Investment Officer, and participate in staking node verification programs. Following the announcement, EYEN's stock price rose 134% in a single day.
Is Eyenovia embracing Hyperliquid recognition or speculation?
Ophthalmic digital technology company Eyenovia (stock code: EYEN) announced yesterday that it has completed a $50 million private placement (PIPE) to establish its first cryptocurrency reserve, targeting the high-growth potential Hyperliquid native token HYPE, which even far exceeds the company's market value of $20 million.
Is Eyenovia embracing Hyperliquid recognition or speculation?
Ophthalmic digital technology company Eyenovia (stock code: EYEN) announced yesterday that it has completed a $50 million private placement (PIPE) to establish its first cryptocurrency reserve, targeting the high-growth potential Hyperliquid native token HYPE, which even far exceeds the company's market value of $20 million.
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Stablecoin Clearing Network Ubyx Raises $10 Million, with Participation from Galaxy, Coinbase, and VanEck
As stablecoins gradually become the new infrastructure for digital payments, how to quickly exchange and settle has become a crucial step. The stablecoin clearing and settlement company Ubyx, founded by former Citibank executives, announced the completion of a $10 million seed funding round, with participation from Galaxy, Coinbase, and VanEck, aiming to open up asset transfer channels between global banks and fintech startups.
Breaking the stablecoin 'island' bottleneck, Ubyx connects the global clearing network
Ubyx is a startup stablecoin clearing platform focused on addressing the fragmentation of the stablecoin market and the withdrawal issues most troublesome for users. The platform enables regulated banks and fintech companies to seamlessly exchange stablecoins directly for fiat currencies, significantly reducing transaction costs and compliance risks for institutional users.
Breaking the stablecoin 'island' bottleneck, Ubyx connects the global clearing network
Ubyx is a startup stablecoin clearing platform focused on addressing the fragmentation of the stablecoin market and the withdrawal issues most troublesome for users. The platform enables regulated banks and fintech companies to seamlessly exchange stablecoins directly for fiat currencies, significantly reducing transaction costs and compliance risks for institutional users.
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OpenAI CEO Sam Altman Discusses the Development of Stargate, Trump, and Future Plans
OpenAI CEO Sam Altman recently elaborated on the mega AI data center project named Stargate during an exclusive interview with Bloomberg, discussing supply chain challenges, funding usage, and future layout. OpenAI is working on the Stargate project, which is unprecedented in scale. This super AI data center is expected to be located in Abilene, Texas, USA, and will be one of the most advanced AI computing bases in the world.
Microsoft is behind Stargate, but the resources OpenAI is seeking do not all come from Microsoft. External resources needed include energy agreements, supply chains, chips, and infrastructure deployment. The name Stargate is derived from the classic sci-fi series 'Stargate' from the 1990s, suggesting that this is a wormhole to the unknown world of humanity. The following are key points from the interview.
Microsoft is behind Stargate, but the resources OpenAI is seeking do not all come from Microsoft. External resources needed include energy agreements, supply chains, chips, and infrastructure deployment. The name Stargate is derived from the classic sci-fi series 'Stargate' from the 1990s, suggesting that this is a wormhole to the unknown world of humanity. The following are key points from the interview.
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The Stablecoin Bill (GENIUS Act) is advancing to the House of Representatives! Treasury Secretary Bessent: The market size will reach $3.7 trillion by 2030.
The US Stablecoin Bill (GENIUS Act) was officially passed in the US Senate this morning (6/18), but the final version of the bill did not include amendments from Democrats regarding the Trump family's conflicts of interest. The bill will now be sent to the House of Representatives for review. Treasury Secretary Scott Bessent also stated at the same time that the stablecoin market will reach a 'trillion-dollar' scale, and the market is watching whether tech giants like Apple, Google, and Meta will seize the opportunity to issue their own stablecoins.
The bill is ready to move to the House of Representatives, but the Trump provisions were not included.
The Stablecoin Bill (GENIUS Act) was overwhelmingly passed in the Senate by a vote of 68 to 30 and will now be passed to the House for review.
The bill is ready to move to the House of Representatives, but the Trump provisions were not included.
The Stablecoin Bill (GENIUS Act) was overwhelmingly passed in the Senate by a vote of 68 to 30 and will now be passed to the House for review.
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Coinbase plans to promote tokenized stocks, becoming a blockchain version of Robinhood
According to Reuters, Coinbase's Chief Legal Officer Paul Grewal stated that Coinbase is seeking approval from the U.S. Securities and Exchange Commission to offer 'tokenized stocks' to its customers. Tokenization of stocks is expected to enable low-cost, round-the-clock trading and expand investment participation. If approved by the SEC, Coinbase will become a new competitor to platforms like Robinhood.
Tokenized stocks are an important issue for Coinbase
Coinbase's Chief Legal Officer Paul Grewal stated that this concept is 'a top priority.' Stock tokenization refers to the process of converting company shares into digital tokens, similar to the trading of cryptocurrencies. Investors do not directly hold securities but instead hold tokens representing ownership of the securities.
Tokenized stocks are an important issue for Coinbase
Coinbase's Chief Legal Officer Paul Grewal stated that this concept is 'a top priority.' Stock tokenization refers to the process of converting company shares into digital tokens, similar to the trading of cryptocurrencies. Investors do not directly hold securities but instead hold tokens representing ownership of the securities.
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The U.S. Senate passed the GENIUS Act in a 68-30 vote, marking the first major crypto bill to ever clear the Senate. The bill now moves to the House, which must decide whether to advance its own version or take up the Senate’s bill.
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