Crypto Markets & On-Chain Ecosystem Developments

According to Onchain Lens, a whale opened a 70,000 SPCX long position with 20x leverage on June 23, valued at approximately $11 million. The liquidation price for the position was set at $134.42.

According to Onchain Lens, a wallet that remained dormant for one year has received 500 BTC (approximately $32.31 million) from BitGo. In a separate development, Morgan Stanley acquired 166.24 BTC (approximately $10.74 million) from Coinbase, bringing its total holdings to 4,515 BTC (approximately $

According to ChainCatcher, citing Onchain Lens monitoring, James Wynn's 40-times leveraged Bitcoin short position was partially liquidated. The trader is currently experiencing a series of liquidations.

According to CoinDesk, MoneyGram became a validator on the Solana blockchain and joined the Solana Developer Platform on June 22 as it expands its stablecoin payment services. The platform enables enterprises and financial institutions to build and scale compliant financial products on the

According to a June 22 statement, OKX and Intercontinental Exchange (ICE), the US-based owner of the New York Stock Exchange, have formed a joint venture led by former New York Governor Andrew Cuomo to build infrastructure linking digital and traditional-asset markets. Subject to regulatory

According to The Block, on June 23, Securitize filed a lawsuit in Delaware federal court seeking a declaratory judgment that it does not infringe two tokenization-related patents held by digital securities infrastructure company tZERO. The dispute stems from a cease-and-desist letter tZERO sent to S

According to Coinbase, MRVL-PERP and EWY-PERP perpetual futures markets will launch on June 23 at 8:00 PM UTC+8. Marvell Technology (MRVL) and iShares MSCI South Korea ETF (EWY) perpetual contracts will begin trading in regions with sufficient liquidity and local regulatory

Gate News message, a whale has opened a new long position of 70,000 $SPCX with 20x leverage as the token experiences a price decline. The position is valued at approximately $11 million, with a liquidation price set at $134.42.

According to ChainCatcher citing Coinglass data, Bitcoin's 8-hour average funding rate across the network currently stands at 0.0051%. Among major exchanges, Binance shows a rate of 0.0041%, OKX at 0.0049%, Bybit at 0.0003%, and Gate at 0.01%.

According to Coinglass data cited by ChainCatcher, Ethereum's average 8-hour funding rate across the network is currently 0.0025%. Among major exchanges, Binance's rate is 0.0025%, OKX is at 0.0045%, Bybit shows -0.0023%, and Gate is at 0.01%.

TurboFlow, an onchain trading platform offering prediction markets and perpetual futures, raised $6 million in a seed funding round that closed in March. Pantera Capital led the round, with Susquehanna Crypto and Digital Currency Group participating as the only three investors. The fundraise comes a

According to BlockBeats, on June 23, TurboFlow, an on-chain trading platform for prediction markets and perpetual futures, closed a $6 million seed funding round led by Pantera Capital, with participation from Susquehanna Crypto and Digital Currency Group. The round, which was initiated earlier

According to Onchain Lens monitoring, the attacker behind the MEV bot JaredFromSubway transferred 2,000 ETH (approximately $3.44 million) through Tornado Cash on June 23 and sold 1,422 ETH for 2.446 million DAI. The attacker currently holds 5 ETH remaining, valued at approximately $8,630.

Thailand's Department of Special Investigation (DSI) expanded an investigation into illegal cryptocurrency mining networks allegedly run by Chinese financiers that laundered more than $300 million annually through illicit cash operations, following a series of raids in 2025 that seized 6,390 crypto-

According to the Department of Special Investigation (DSI), Thai authorities have seized 6,390 cryptocurrency mining rigs following a 2025 investigation into illegal networks that stole nearly $29 million from the Provincial Electricity Authority (PEA). The transnational operation, allegedly run

According to CoinDesk, Strategy (formerly MicroStrategy) raised $335.5 million on June 22 through a common share sale. The company used approximately $35 million of the proceeds to purchase 520 bitcoin at an average price of $67,068 per coin, while adding roughly $300 million to its cash reserves. T

On June 22, Bitmine purchased 52,203 ETH worth approximately $90 million, bringing its total holdings to 4.7% of Ethereum's circulating supply, according to the company's official update. The acquisition moves Bitmine to 94% of its stated goal to control 5% of all ETH. To fund ongoing

Allunity launched SEKAU, a Swedish krona-backed stablecoin designed for institutional settlement and cross-border payments. The digital asset company said SEKAU will operate as an e-money token under the European Union's Markets in Crypto-Assets (MiCA) Regulation, backed 1:1 by segregated Swedish kr

According to Bitcoin.com, Allunity launched SEKAU, a Swedish krona-backed stablecoin regulated as an e-money token under the EU's Markets in Crypto-Assets (MiCA) Regulation. The token is backed 1:1 by segregated SEK reserves, making it the first fully reserved SEK-denominated stablecoin aligned

According to Odaily, five former Ethereum Foundation senior researchers recently launched Ethlabs, a nonprofit organization aimed at advancing Ethereum's next phase of growth and institutional adoption. The organization secured backing from Ethereum co-founder Joe Lubin and two major ETH treasury co