Cryptocurrency Markets and On-Chain Ecosystem Developments

According to RootData data platform, BASED will unlock approximately 14 million tokens worth roughly $1.3 million on June 30 at 12:00 AM Beijing time.

According to BlockBeats, on June 23, Synthetix governance voted to retire sUSD under SIP-423, paying holders locked SNX at a 1:4 ratio. SNX tokens will be locked for one year from the freeze date, followed by one year of linear unlocking. The proposal was submitted by Synthetix founder Kain

According to the People's Bank of China, Deputy Governor Xuan Changneng stated that China's anti-money laundering work has entered a new phase of high-quality development with significant progress in combating money laundering and related illegal activities. In 2025, the number of criminal

On June 23, the Securities and Futures Commission (SFC) of Hong Kong announced that it had added Aurum/Aurum Foundation (Aurum Foundation) to the list of suspicious virtual asset trading platforms. The SFC said the company claims it has registered in Hong Kong under Hong Kong’s Companies Ordinance and offers trading services for virtual assets, futures contracts, and derivative instruments on its website, but the company has not been licensed by the SFC and is suspected of conducting unlicensed

According to BlockBeats, Bitcoin miner Hut 8 agreed to pay $2.35 million to settle a securities class action lawsuit on June 23 over misleading disclosures related to its 2023 merger with U.S. Bitcoin Corp. Investors alleged the company exaggerated merger benefits and failed to adequately disclose o

Gate News reports that on June 23, according to Gate market data, as of the time of publication, RDNT (Radiant Capital) is trading at $0.00101. It is up 56.16% over the past 24 hours, with a high of $0.00134 and a low of $0.00063. The 24-hour trading volume is $1.3364 million. Its current market cap is about $1.3094 million. Radiant is building the first omnichain money market on top of LayerZero, aiming to become the first all-around money market. Users can deposit any major assets on any major

According to Hyperinsight, a trader on Hyperliquid opened a large short position on the SP500 index in the past hour. The address deployed full 50x leverage, establishing a short position worth approximately $1.956 million at an average entry price of

According to ChainCatcher, Synthetix founder Kain Warwick and core contributors proposed SIP-423 on June 12 to retire sUSD, marking the protocol's first proposal to sunset rather than fix the stablecoin. sUSD currently trades around $0.25, a 75% deviation from its $1 peg. Under the proposal, each sU

According to Visa's Q2 2026 earnings report, the company posted net revenue of $11.2 billion, up 17% year-over-year, with net income of $6 billion, up 32% YoY, and earnings per share of $3.14, up 36% YoY, all exceeding market expectations. The board authorized a new $20 billion multi-year share

According to ChainCatcher, Backpack CEO Armani Ferrante recently shared his stance on token generation timing in X discussions. He stated that if a project aims at long-term construction and market dominance, launching its token generation event (TGE) should have happened "yesterday." Conversely, if

According to Odaily Seer, Messi's probability of winning the 2026 World Cup Golden Boot on Predict.fun rose to 33% in the past 24 hours, up 12%, surpassing Mbappé to take the lead. Kane holds 16% probability for third place, while Cristiano Ronaldo stands at 2%. Messi scored two goals in

According to ChainCatcher monitoring, a whale at address 0xa2e...f1468 opened a long position of 21,000 ETH three hours ago with an entry price of $1,728.50 per ETH. The position is currently worth $36.33 million and has generated unrealized gains of approximately $32,000. The address holds the

According to PANews, on June 23, the crypto market saw widespread declines with the NFT sector falling 3.79%, while Bitcoin dropped 1.06% below $64,000 and Ethereum declined 1.34% to near $1,700. SocialFi was the sole gainer, rising 1.23%, with the recently renamed Gram (formerly Toncoin)

According to Cryptopolitan, on June 23, Franklin Templeton completed its acquisition of crypto investment firm 250 Digital and launched its Franklin Crypto division, offering actively managed digital asset strategies for retirement funds, sovereign wealth funds, and large asset allocators, using BENJI tokens as a settlement tool for part of the acquisition of large financial institutions. Franklin Crypto Leadership Structure and 250 Digital Origins Franklin Crypto Core Management Team: Christoph

According to Barron's, Strategy (formerly MicroStrategy) purchased 520 Bitcoin on June 22 for approximately $34.9 million, at an average price of $67,068 per coin, bringing its total holdings to 847,363 BTC. However, the market's primary concern has shifted to the company's preferred stock STRC,

According to crypto KOL @Adam_Tehc, last week over 20,000 Solana DEX wallets that had been dormant for more than a year became active again.

According to ChainCatcher, citing Coinglass data, Hyperliquid whales currently hold $4.588 billion in positions as of June 23, with a long-to-short ratio of 1.02. Long positions account for $2.318 billion (50.53%), while short positions total $2.269 billion (49.47%). Long positions show

According to Foresight News, Goldfinch community published a proposal on June 23 approving operational maintenance and phased liquidation of Goldfinch Prime, with a current approval rate of 100%. Voting concludes tomorrow. The proposal includes an orderly wind-down of Goldfinch Prime operations,