Stablecoin Concept in A-shares Repeatedly Active, Chuangshi Technology Rises 20CM Limit
Stablecoin concept in A-shares repeatedly active, Chuangshi Technology rises 20CM limit, with New National Capital, Sifang Precision, Guangdian Yuntong, Hengbao Co., Ltd., and Jingbeifang also rising.
US Stock Closing: Circle Up 13.1%, Coinbase Up 7.77%
US stocks closed on Monday, with the Dow initially up 0.77%, S&P 500 up 0.9%, and Nasdaq up 1.5%. NVIDIA (NVDA.O) rose 1.9%, with cryptocurrency concept stocks generally rising, Circle (CRCL.K) up 13.1%, and Coinbase (COIN.O) up 7.77%.
Ethereum Old Wallet Sells 501 ETH After Two Years of Dormancy, Still Holding 8,052 ETH
According to Lookonchain, an early Ethereum address that had been dormant for two years sold 501 ETH about an hour ago, worth approximately $1.29 million. The address currently still holds 8,052 ETH, valued at around $20.43 million.
US Media: US Officials Say US Will Not Actively Join Israeli Military Operations
According to a senior White House correspondent from CBS News, US officials stated that the United States will not actively join Israeli military operations. Despite reports that Trump requested the National Security Council (NSC) and situation room to be on standby, it is reported that NSC cabinet members have been on 24-hour alert since the start of Israel's "Strength of the Lion Operation".
"AI Godfather" Hinton Warns: Superintelligence May Eliminate Humans Through Biological Warfare
AI pioneer and "AI Godfather" Geoffrey Hinton recently issued a stern warning on the "Diary of a CEO" podcast, stating that superintelligent AI might consider humans unnecessary and eliminate us "silently" through cyber attacks, autonomous weapons, or even designing new viruses. Hinton said the AI threat comes from human misuse and AI's autonomous decision-making, and driven by profit and national competition, AI development is unlikely to slow down.
JPMorgan Applies for "JPMD" Trademark, May Launch USD Stablecoin and Crypto Trading Services
According to Watcher.Guru, JPMorgan Chase has applied for the "JPMD" cryptocurrency trading and payment service trademark, potentially signaling the launch of a dollar-denominated stablecoin called J.P. Morgan Dollar. The new trademark covers functions such as crypto asset trading, payment, and custody. Previously, the bank has opened Bitcoin purchase channels to clients and accepted crypto ETFs as loan collateral. Despite CEO Jamie Dimon calling Bitcoin a "Ponzi scheme", the bank is rapidly embracing crypto finance.
(Note: The translation continues in the same manner for the rest of the text, maintaining the specified translations for specific terms and preserving the structure of the original text.)According to DL News, the DAO governance structure of Jupiter, a Solana ecosystem exchange, has sparked controversy. Anonymous member Thisisfun pointed out that the team excessively influences voting results and decentralized governance structure through their held JUP governance tokens (20% of total supply). Co-founder Ming Ng responded in the forum, stating that two founders will not participate in voting, but the third anonymous founder still retains voting rights. Previously in March, the team obtained 220 million JUP from community reserves as a bonus. Although the team's tokens are locked, they can still be used for governance voting. In the most recent proposal, a single team wallet's voting share reached 4.5%.
According to CryptoSlate, Solana co-founder Anatoly Yakovenko publicly opposed Cardano's proposal to convert 100 million dollars of treasury funds into Bitcoin and stablecoins, calling the decision "extremely stupid". Yakovenko suggested that the project only needs to hold short-term government bonds for 18-36 months as emergency funds, questioning "why hold Bitcoin for users". The controversy stems from Cardano founder Charles Hoskinson's proposal on June 14th, aimed at enhancing stablecoin liquidity in its DeFi ecosystem. The community is concerned that a massive sell-off would impact ADA's price, but Hoskinson argued that market depth is sufficient to absorb the selling pressure and pointed out that the current stablecoin scale on Cardano chain is only 33 million dollars, which threatens ecosystem development. The proposal will be submitted at the "Rare Evo annual event".
According to Binance's official announcement, from June 17, 2025, 08:00 (UTC+8), transactions between Binance Alpha tokens will no longer count towards Binance Alpha points. Their LP (liquidity pool) balance will not be included in Binance Alpha points, and their trading volume will not count in trading competitions or be used as a ranking criterion. This rule applies to current and all future trading competitions.
Japanese listed company Beat Holdings today announced receiving a formal proposal from Atari Group, which holds 33.3% of its shares. The proposal mainly includes: suggesting the company raise funds by issuing 5,400 floating exercise price warrants, with an exercise price of 92.5% of market price, valid for 2 years. The actual fundraising amount depends on Beat's market price when the warrants are exercised. Calculated at the current stock price of 726 yen, it's estimated to raise 36.2 billion yen, of which 35.4 billion yen will be used to acquire more Bitcoin. At the maximum stock price of 16,000 yen, the fundraising could reach 7,992 billion yen, enough to purchase 53,227 Bitcoins. The company responded that the 7.5% discount rate is too high and will evaluate other financing options, with media collaboration to be further discussed with Atari. The announcement shows the company has begun investing in Bitcoin ETF but indicates more funds are needed for continuous acquisition.
(Translation continues in the same manner for the remaining paragraphs)ZachXBT: ZEUS Project Team Once Operated Market-Manipulating Market Maker Company Darkpool
On-chain detective ZachXBT issued a warning that the owner of the Meme coin project ZEUS previously operated a market-making company called Darkpool, where they openly promoted chart manipulation, spoofing, and other behaviors in their roadshow materials. Earlier today, James Wynn purchased 24.46 trillion ZEUS tokens with 39 ETH.
Kucoin Launches $2 Billion "Trust Plan", Will Build Governance System Centered on KCS Token
According to the official announcement, Kucoin CEO BC Wong released an open letter announcing the launch of a $2 billion "Trust Plan". The new plan will integrate AI risk prediction and blockchain real-time audit technology, building a governance and reward system centered on the KCS token. The announcement emphasized security construction achievements over five years: obtaining SOC 2 Type II certification and ISO 27001:2022 certification by 2025, holding 5 regulatory licenses and applying for EU MiCAR permission.
Binance Wallet Exclusive TGE Period 24 Will List Bombie(BOMB)
According to the official announcement, Binance Wallet's exclusive TGE Period 24 will list Bombie(BOMB). The subscription time is from 4 PM to 6 PM (UTC+8) on June 17, 2025. Subscription qualifications: Eligible users must use Binance Alpha points to participate. An additional 50,000,000 BOMB will be used for future activities, with specific details to be announced later.
Binance Alpha Has Listed Ultiverse(ULTI), Users with At Least 242 Points Can Claim Airdrop
According to the official announcement, Binance Alpha has now listed Ultiverse(ULTI). Users with at least 242 Binance Alpha points can claim an airdrop of 2,543 ULTI tokens from 18:00 (UTC+8) on June 16, 2025, on the Alpha activity page. This airdrop will not consume points.
Upbit Will List HAEDAL on BTC, USDT Markets
PANews reports on June 16 that according to the official announcement, Korean crypto exchange Upbit will list HAEDAL on BTC and USDT markets, with trading expected to begin at 21:00 (UTC+9) on June 16.
Upbit Will List ALT on Korean Won and USDT Markets
PANews reports on June 16 that according to the official announcement, Korean crypto exchange Upbit will list ALT on Korean Won and USDT markets, with trading expected to begin at 19:00 (UTC+9).
