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According to data disclosed by Tom Wan, an analyst on 21co, the parent company of 21Shares, the total market value of Ethereum’s stablecoins has dropped from 100 billion to 7.6 billion. The decline is mainly due to USDC and BUSD. The market value of USDC has dropped from 41 billion to 24 billion (-40 %), BUSD dropped from 16 billion to 3 billion (-77%). USDC...

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The Korean Financial Services Commission (FSC) held a consultation meeting on enhancing the compliance capabilities of virtual asset operators, expressing support for strengthening the compliance capabilities of virtual asset operators and resolutely cracking down on illegal activities. The Korea Financial Information Analysis Institute and the Virtual Asset Crime...

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According to Coin World Report, the data shows that in the past 4 hours, about 94.8306 million US dollars have been liquidated on the entire network, of which 87.9051 million US dollars have been liquidated for long orders, and 6.9245 million US dollars have been liquidated for short orders. BTC liquidated $33.0099 million, ETH liquidated $10.7285 million, and XRP...

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Coin World Report, according to the data released by IntoTheBlock, an on-chain data analysis company, the total value of Ethereum ETH 2.0 deposit contracts has reached 52.3 billion US dollars, a record high. IntoTheBlock pointed out that as the value of ETH used to secure Ethereum continues to increase, it becomes increasingly difficult for any potential attacker...

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Open interest in XRP futures contracts crossed the $1.1 billion mark in the past 24 hours, surpassing the $1 billion hit last week and marking a new high for the year. Open interest, or the number of futures contracts that haven't been settled, has risen 21% since Tuesday. The majority of these positions, worth $443 million, are held by cryptocurrency exchange...

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Dollar.eth monitoring shows that Sun Yuchen redeemed 30,000 stETH (approximately US$55.8 million) in 2 wallets, and still holds about 260,000 stETH (approximately US$483.6 million), and is still the largest individual holder of stETH . In addition, Arkham monitoring shows that Justin Sun transferred 23,000 ETH (approximately US$43 million) to the encryption...

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Vitalik Buterin, co-founder of Ethereum, said in the Twitter space that Ordinals marks the return of the builder culture. The Ordinals are bringing back a culture of actually doing things, and it feels like the Retineye movement is really hindered, which is good. Buterin also praised Ordinals and the BRC-20 token standard, which he sees as a rejection of stagnant...

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According to Lookonchain monitoring, from June 26 to today, a whale/institution deposited 50.27 million USDT and 45 million USDC into Binance. During the decoupling of USDC, the whale exchanged 55 million USDC for 50.27 million USDT at an exchange rate of 0.914, losing $4.7 million.

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Abstract accounts, also known as "smart accounts," could eventually move 1 billion users in the Asian region to Web3, according to an executive at ethereum software solutions provider ConsenSys. Laura Shi, director of strategic initiatives at ConsenSys, said that the Ethereum and Web3 ecosystems have seen strong expansion in Asia this year. More dApps are...

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According to the monitoring of Ember, an analyst on the chain, the giant whale address with a 100% winning rate in swing trading ETH in the previous two months once again raised 8,166 ETH ($15.69 million) from Binance today. Adding the 8,188 ETH ($15.26 million) raised yesterday, after transferring 31.89 million USDT to Binance, he has withdrawn 16,354 ETH ($30.96...

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Decentralized liquidity staking protocol Diva launches Diva DAO with an initial distribution to approximately 15,000 unique Ethereum stakers and ecosystem participants. Diva DAO allows DIVA token holders to exercise their voting rights through entrustment and make on-chain decisions about the launch of the Diva protocol, including deploying Diva smart contracts,...

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FTX filed a lawsuit against Daniel Friedberg, who served in multiple roles as FTX Chief Regulatory Officer, FTX.US Chief Compliance Officer, and Alameda Research General Counsel. In its complaint, FTX alleges that Friedberg was a “broker” for the exchange’s co-founder SBF, who paid hush money to two potential whistleblowers to keep them from leaking information...

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CoinShares chief strategy officer Meltem Demirors highlighted at least eight major financial institutions that have signaled their forays into the digital asset space, including BlackRock’s spot bitcoin ETF filing and Fidelity’s crypto wealth management solutions. Others include JPMorgan, Morgan Stanley, Goldman Sachs, BNY Mellon, Invesco and Bank of America....

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According to Lookonchain monitoring, the anonymous giant whale address is suspected of shorting AAVE and ETH on the Aave platform. The address lent 339,448 USDC from Aave an hour ago, bought 5,091 AAVE at a price of $66.67, and deposited it into the Aave platform. Since April 6, the giant whale address has purchased a total of 35,672 AAVE (approximately $2.64...

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According to news on June 23, in the past 7 days, many BAYC holders who have held for a long time have sold their NFT, and 39 addresses have held BAYC for more than one year. The number of wallets holding at least one BAYC NFT has been declining and is below October 2021 levels.

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Coin World reported that according to Lookonchain monitoring, a smart money whale earned US$6 million by purchasing stETH in the past 3 months. He bought 27,606 stETH at a price of US$1,629 from March 13 to March 15. 12,746 stETH were sold at a price of $1,937 on April 21. On June 15, 15,701 stETH were bought at a price of $1,671. 15,125 stETH were sold at a price...

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According to news on June 16, the NFT lending agreement Arcade has facilitated the loan of 2 Rolex physical watches with a loan amount of 14,500USDC. A Rolex watch owner sends the watch to escrow company 4K Protocol, which tokenizes the watch and mints a corresponding NFT for the watch owner, who then uses the NFT to apply for a loan.

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Coin World reported that U.S. regulators are preparing to force large banks to strengthen their financial foundations, a move that will help strengthen the financial system's resilience to risks after a series of mid-sized bank failures this year. The reforms, to be proposed by regulators as early as this month, could raise overall capital requirements for large...