Early paper Coinbase Ventures First investment ENA; SpaceX is proposed to set each share at $135 in IPO; Bitmine account deficit has exceeded Strategy Bitcoin hold deficit
Photo by ChainCatcher
Important information:
- Post Quantum Public Key Registration Form presented by the Taifung Fellow as a first step towards quantum safe migration
- Coinbase Ventures First Investment ENA, Ethena will develop financial and savings products along the chain with Coinbase
- SpaceX is proposed to set each share at $135 for a total of 5.556 million shares in IPO
- Bitmine's account deficit exceeded Strategy Bitcoin's holdout
- Money and equity chain of business interests: holding Alpaca a few shares, drawing 50% of the fees from the order stream and borrowing profits 65%
- Kraken will open the U.S. share IPO distribution to the world through xStocks
- Binance announces the discontinuation of centralization of NFT services and migration to wallets, CEX NFT markets are in full recession
What's important about the past 24 hours
ChainCatcher News, Long Bridge Securities Bulletin, which implements the relevant industry regulatory requirements of the CSRC's two-year centralized consolidation period and promotes the development of cross-border securities regulations in mainland China, will adjust the accounts of stock investors in mainland China accordingly. As follows:
Trading services in mainland China: suspending all new openings and silos for all types of stocks, and supporting only sales and silo operations
Transfer of funds within mainland China: Suspend the transfer of funds, keep the transfer function normal and make every effort to secure your funds。
The above arrangements became effective on 12 June 2026 Beijing time. This adjustment will not affect the provision of services to stock investors outside mainland China, nor will it affect the security of existing assets of all clients, who can regularly search accounts, hold and sell existing warehouses。
On 22 May, the CSRC issued a communiqué stating that the illegal cross-border roll-out of Tiger Brokers (NZ) Limited, Freeway Securities International (Hong Kong) Ltd. and Longbridge Securities (Hong Kong) Ltd. violated China Securities Fund futures laws and regulations, undermined market order and must be combated with determination. In accordance with the relevant provisions, the CVM shall decide to confiscate all the proceeds of the violation of the law of the tiger, the rich and the subjects concerned, both within and outside the Long Bridge, and shall impose severe penalties in accordance with the law。
Kraken will open the U.S. share IPO distribution to the world through xStocks
ChainCatcher reports that the Kraken parent company Payward xStocks framework will be online, allowing Kraken and cooperative platform users to participate in the USIPO at a issuing price and obtain a chain-based monetization share corresponding to the target stock of 1:1, which is held by the supervised trustee。
Users can submit non-binding requisitions through the cooperative platform in the first few weeks, and Payward aggregates the demand, distributes shares in collaboration with the consortium and completes the pricing, distribution and issuance of tokens on listing days。
xStocks tokens can be used in multiple chains such as Etheleum, Solana, Ton and so forth, and in combination with the DeFi protocol。
Strive: proposed additional SATA for 175,000 BTC
ChainCatcher News, Jeff Walton (@PunterJeff) claims that Strove is financing at an average of $8.1 million a day, which, if used to pay dividends, could support $15.5 billion in SATA tokens. Jeff Walton states that this size is equivalent to approximately 175,000 BTCs purchased at current prices, which will increase its BTC total hold to 10 times its current size。
According to ChainCatcher, according to official Money Ann, Alpaca is not only a clearing house for its American share business, but also Binance holds a minority interest in Alpaca. According to the agreement, Binance will receive 50 per cent of the payment from the Alpaca Order Flow (PFOF) and 65 per cent of the remaining profits from the loan of the user stock, less interest on the user。
The US stock operation, whose currency has recently come online, uses the “presenting broker + clearing voucher” model, Nest Trading is responsible for order forwarding, and Alpaca is responsible for transaction execution, liquidation, settlement and asset hosting. Among them, Alpaca Securities LLC is a broker registered by the United States Securities and Exchange Commission (SEC) and is also a member of the United States Financial Services Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC), with approximately 94 per cent of the dollarization shares and ETFs market shares。
ChainCatcher, according to The Defiant, ETA Fellows Thomas Coratger, Justin Drake and others released a proposal at the ETA Research Forum on 1 June to establish a dedicated XMSS public key registration form to be upgraded as the first specific agreement to move back to quantum cryptography。
The form allows approximately 1 million certifiers to register XMSS security early before the BLS signature system is fully switched as an important "preheating phase" to reduce the impact of the subsequent switch on network stability. This proposal was included in the Strawmap Road Map of the ISF Protocol Team and is the first protocol split on the Road Map。
ChainCatcher reports that Binance announced that centralization of NFT market services would be officially discontinued with effect from 3 July 2026, and that all NFT functions would be relocated to the self-hosted Binance Wallet。
This marked an almost complete retreat from the NFT market supported by CEX. Before, platforms such as Coinbase NFT, Kraken NFT, Gemini Nifty Gateway and X2Y2 have been shut down or transformed。
Binance states that this adaptation is intended to provide users with a more seamless Web3 NFT experience. Users are required to transfer NFTs to Binance Wallet or other self-hosted wallets by 23:59 (UTC) on 3 July, and the platform will reimburse part of the charge。
ChainCatcher News, Decentralised Finance Agreement Ethena announced a partnership with Coinbase to develop chain-based financial and savings products for more than 100 million users in Coinbase, the first growth plan to be launched next week。
Meanwhile, Coinbase Ventures has completed its first investment in Ethena on the open market。
SpaceX is proposed to set each share at $135 for a total of 5.556 million shares in IPO
ChainCatcher NewsAccording to the source, SpaceX intends to set a price of $135 per share for public distribution. SpaceX plans to issue 550.6 million shares in IPO and is expected to raise $75 billion。
ChainCatcher reports that the United States Treasury Office of Overseas Assets Control (OFAC) announced the listing of the three Iranian encryption trading platforms, Nobitex, Wallex, Bitpin and Ramzinex, as Iran's largest encrypted currency trading platform, and imposed sanctions on Amir Hossein Rad, Chairman and co-founder of Nobitex, currently CEO Seed Ali Khoee, and several co-founders and executives。
The U.S. Treasury Department alleges that Nobitex processed over 50% of Iran’s inflow of encrypted assets in 2025, supported Iran’s Islamic Revolutionary Guard Corps (IRGC)-related transactions, extortion software organizations, and sanctions evasion activities, and assisted the Iranian Central Bank in obtaining several hundred million dollars in stabilization money. According to the United States, nobitex also helped to transfer and protect the assets of the Iranian regime following the United States military operations against Iran。
In addition, the Ministry of Finance states that Wallex, Iran ' s second largest encryption trading platform, as well as Bitpin and Ramzinex, were found to be linked to transactions related to the Islamic Revolutionary Guard Corps. Of these, Wallex received about 12 per cent of Iranian encrypted assets in 2025, Bitpin accounted for about 10 per cent, and Ramzinex, established in 2018, has cumulatively processed over $2.45 billion in transactions。
As part of the Trump Government's “Economic Fury” strategy to exert maximum pressure on Iraq, the United States Treasury Department has stated that it will continue to combat Iran's use of digital assets for terrorist financing and sanctions evasion, and to retain the power to impose secondary sanctions on foreign financial institutions and enterprises that assist Iran's illegal trade。
NewLimit completes $435 million C Round of Finance, Funders Fund
ChainCatcher, a long-lived technology start-up company created by Brian Armstrong, co-founder of Coinbase, announced the completion of a $435 million C round of financing, valued at $3.1 billion. This round of financing continued with the participation of Peter Thiel Foundations Fund, Abstract Ventures, Klein Perkins, NFDG, Eli Lily Ventures, Valor Equity Partners, and introduced new sources of funding such as Thrive Capital, Greenoaks, Quiet Capital。
In 2021, Brian Armstrong co-financed $110 million with former GV partner and biological engineer Blake Byers, stem cell biologist Jacob Kimmel, and founded NewLimit in southern San Francisco。
Clarity Act is officially on the United States Senate legislative agenda
ChainCatcher reports that, according to the United States Congress's official legislative information website, the Digital Asset Market Transparency Act of 2025 (CLARITY Act) is officially on the United States Senate legislative agenda。
ChainCatcher NewsAccording to Lookonchain, with the continuing retrenchment of the encryption market, the size of the Bitmine account deficit, supported by Tom Lee, has exceeded that of Strategy's bitty bank。
The data show that Bitmine currently holds 54,16901 ETH, valued at approximately $10.03 billion at current market prices, resulting in an unrealized loss of approximately $8.9 billion compared to the purchase cost。
At the same time, Strategy, led by Michael Saylor, holds 84,3706 BTCs, with a current market value of approximately $56,626 million and an unrealized loss of approximately $7.6 billion。
ChainCatcher reports that DeepSeek plans to raise some $7 billion in the first round of financing, valued at $59 billion. The DeepSeek era will be the largest external investor; Net Yek and Kyoto are also planning to participate。
ChainCatcher, according to CoinDesk, is expanding its clearing network to support regulated stabilization currency, and plans are being made to provide stable currency settlement, daily settlement, weekend and holiday settlement services to meet real-time liquidity requirements。
The new framework will run in parallel with the existing French currency settlement process and aims to provide more flexible liquidity management for financial institutions. The MasterCard will first support the PYUSD, USDG and USDP, RLUSD of Ripple and SoFiUSD issued by Circle, covering a network of blocks such as Ether, Solana, Polygon, Base, Arbitrum and XRPL. Financial institutions such as Cross River, Lead Bank, CBW Bank, ARQ and Nuvei will be the first participants。
Variant's done $222 million for his new fund, focusing on AI, encryption and autonomy
ChainCatcher, according to Fortune, focused on encryption, Varant completed a new $222 million fund, Varant 4, which will invest in the early stages of the project, focusing on the theme “autonomy (autonomy)” with encryption integration applications。
The partner, Jesse Walden, said that in the future the label “encrypted investor” would disappear and that encryption would become a generic “bottom pipe” like Internet infrastructure, with the core providing users and businesses with greater autonomy and security through decentrization and contractual security structures and supporting application development, including DeFi platform Uniswap, Morpho。
Meme Hot List
According to Meme Currency Tracking and Analysis PlatformGMGNAs of June 4, 0900
Former 24h ETH top five in the order of HEX, SHIB, LINK, PEPE, mUSD
In the past 24h Solana top five hot coins were: TROLL, WORLDUP, Net, PBTC
Former 24h Base top five in order: PEPE, Toby, ELSA, SKI, cbETH
What are the good articles worth reading in the past 24 hours
WSJ: Hyperliquid is becoming an encrypted convenience store on Wall Street
On a Saturday this February, when Vala Zeinali's mobile phone was turned on and President Trump announced an air strike against Iran, the hedge fund's large commodity dealer opened Hyperliquid calmly。
Go to the central encryption platform Hyperliquid is open 24 hours a day, 7 days a week. This year, the exchange has become the preferred place for Wall Street's weekend warriors, like Zeinali, to build or sell large numbers of positions a few hours or days before the bell rings。
Early in 2026, before Trump announced the air strike, Zeinali was already thereOil derivativesFour digits of funds were pledged and conflict was expected in the Middle East. When this news led to a sharp rise in the price of crude oil, he entered Hyperliquid and flattened, locking in to a huge profit of 243 per cent。
The feeling on encrypted Twitter about the Etherfrog is at an all-time low。
OVER THE YEARS, MANY OF MY COLLEAGUES HAVE GIVEN UP ETHER'S WORKSHOP AND EVEN LEFT THE WIDER ENCRYPTION INDUSTRY. MOST OF THEM ARE VIRTUALLY NO LONGER HOLDING ETH, LARGELY BECAUSE THEY BELIEVE IT IS NO LONGER OF INVESTMENT VALUE. THIS IS NOT ABOUT AN INDIVIDUAL OR GROUP, BUT ABOUT WHAT I ACTUALLY SEE IN MY PEERS THROUGHOUT THE INDUSTRY。
WHILE THE LARGER FINANCIAL OUTFLOWS APPEAR TO BE DUE TO THE FACT THAT ENCRYPTED MONEY IS NO LONGER THE FRONT-LINE TECHNOLOGY (WHICH HAS BEEN REPLACED BY ARTIFICIAL INTELLIGENCE, ROBOTICS AND BIOTECHNOLOGIES), THE PESSIMISM SURROUNDING ETH LARGELY STEMS FROM ITS PRICE PERFORMANCE OVER THE PAST FIVE YEARS。
It's not "mobility killer" in the encrypted market
Over the past few months, the dollarization stock is becoming one of the most topical topics in the encryption industry at an unprecedented rate。
From the emergence of platforms to support stock exchanges along the chain, to the growing number of exchanges and DeFi agreements that begin to organize related operations, to the increasingly clear regulatory environment, the monetization of US equity has evolved from a marginal concept to the most dynamic direction on the entire RWA (real world asset) track。
However, while the heat is rising rapidly, there is also a concern in the market that, when high-quality equity assets, such as Inverda, Tesla, Apple, Coinbase, are moved to the chain, will the funds that belong to the encrypted market be sucked away from these traditional assets? Will Bitcoin, the Ethera and even the Shancocoins face greater liquidity pressure as a result
