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Bank of New York Mellon: FOMO sentiment is driving asset management companies to accelerate their layout of tokenized ETFs

According to The Block, Ben Slavin, the global ETF head at Bank of New York Mellon (BNY), stated that asset managers are accelerating their tokenized ETF plans, driven mainly by investor demand and the FOMO sentiment of fearing to miss early opportunities in blockchain finance. Slavin revealed that BNY has multiple tokenized ETF projects underway, and although the regulatory environment and infrastructure are not yet fully ready, many clients wish to launch products as soon as possible. He believes that blockchain networks are expected to become a new distribution channel for traditional investment products, enabling around-the-clock holding and transfer of fund shares, shortening settlement times, and expanding coverage for global investors.Slavin also pointed out that currently, hundreds of well-known ETFs are trading in tokenized form in unregulated markets, and most of these have not been directly authorized by the fund sponsors, which poses reputational risks. This topic has become a focal point for discussions among BNY's asset management clients. Although the industry is still exploring core issues such as the integration of tokenized funds with existing infrastructure, secondary trading mechanisms, and regulatory frameworks, Slavin stated that asset managers are increasingly inclined to believe that "getting in early" in this field is more important than "waiting for clarity."

The tech industry is experiencing a wave of AI-driven layoffs, with giants like Oracle and Amazon significantly reducing positions

According to the latest industry reports and corporate disclosure documents, the technology industry is experiencing a large-scale wave of layoffs driven by artificial intelligence (AI) in 2026. Despite several companies achieving record high revenues, major tech giants are intensively restructuring their organizational frameworks to reallocate funds towards AI infrastructure development and to enhance operational efficiency through AI. Data shows that in May of this year, the number of layoffs in the tech industry reached the highest monthly record in years, with AI being the core reason for the layoffs.On the execution level, several leading companies have implemented large-scale personnel reductions. Oracle's latest documents reveal that in the past 12 months, 21,000 employees (approximately 13% of the total workforce) have been laid off due to internal AI technology deployment. Amazon cut 16,000 corporate positions in January this year, with management expecting that the widespread application of generative AI will significantly reduce the demand for traditional roles. While Meta laid off about 8,000 employees, nearly 7,000 were reorganized into core AI business positions. Block significantly reduced its workforce by 4,000, nearly halving its total number of employees to adapt to the flattened operational model brought about by AI tools.Additionally, companies including Cisco (4,000 people), Intuit (3,000 people), Atlassian (1,600 people), Cloudflare (1,100 people), Snap (1,000 people), as well as Coinbase, Salesforce, and others have announced substantial layoff plans related to AI transformation this year. At the same time, although Google, Microsoft, and IBM have not disclosed specific total layoff numbers, they are also continuously advancing rolling job replacements and restructuring linked to AI strategies.

Data: Bitcoin network activity approaches historical highs, with small transactions and inscription activities driving daily transaction volume to exceed 800,000

CryptoQuant data shows that Bitcoin network activity has risen to a level approximately 7% away from the historical peak in September 2024, and has broken through the long-term trend line for the first time since mid-2024, primarily driven by a large number of small transactions rather than traditional economic payment activities. The daily number of Bitcoin transactions in 2026 has exceeded 800,000, more than doubling from the low point in 2025, approaching the cycle peak from 2023 to 2025.CryptoQuant believes that this growth has structural characteristics rather than being a short-term fluctuation. Among these, small transactions below 0.01 BTC now account for about 80%, significantly higher than about 44% in 2023. This change is closely related to the usage of OP_RETURN, which is near historical highs. CryptoQuant points out that protocols such as Runes, Ordinals, BRC-20, and data timestamp services generate a large number of low-value transactions by writing data to the blockchain, with some transaction amounts as low as 546 satoshis.As inscription activities increase, the number of transactions in the Bitcoin mempool has risen to about 128,000, the highest level since February 2025. Although still below the extreme congestion levels of September 2023 and November 2024, the report suggests that non-financial use transactions are occupying an increasing amount of Bitcoin network throughput, and if this trend continues, it may drive up transaction fees for time-sensitive economic transactions.Meanwhile, the rise in on-chain activity contrasts with the flow of funds. There has been a net outflow of over $528 million from Bitcoin and Ethereum spot funds; however, institutional investors still view ETF fund flows as the core driving force of this cycle and maintain the benchmark expectation that Bitcoin will reach $150,000 by the end of the year.

MetaPlanet's BTC reserves face a dual-edged sword challenge in exchange rates after the Bank of Japan raised interest rates. OSL Group, in collaboration with the Hong Kong Polytechnic University, released a report stating that corporate cross-border trade payments will drive the large-scale adoption of stablecoins

According to BBX data, yesterday's interest rate hike in Japan coincided with the Federal Reserve's decision window, creating the most intense macroeconomic shock point of the week. The latest results of institutional stablecoin research were released on the same day, with the core dynamics as follows:Metaplanet Inc. (TSE: 3350), as the largest corporate BTC reserve holder in Asia and the third largest publicly traded company holding Bitcoin globally (holding 40,177 BTC at an average price of about $104,000, with a target of 100,000 BTC by the end of 2026), faced a dual-edged sword pressure from the exchange rate yesterday: after the Bank of Japan announced a 25 basis point increase in the policy interest rate to 1.0%, the yen strengthened, superficially lowering the book value of BTC denominated in yen, but Bitcoin subsequently rose against the trend (CoinDesk's headline on the same day: "Bitcoin rallies after Japan rate increase"), with actual improvements in USD-denominated holdings. The company's current holdings are approximately $2.64 billion (estimated at $65,750/BTC), with the latest capital move being the issuance of 8 billion yen (about $55 million) for the 20th bond (EVO FUND) on April 24 for additional BTC purchases. Analysts warn that if the BOJ's interest rate hike triggers large-scale unwinding of "Yen Carry Trade," global risk assets including BTC may suffer systemic deleveraging shocks—however, Metaplanet holds physical BTC rather than leveraged positions, with its main risk being the exchange rate conversion effect rather than forced liquidation.OSL Group (Hong Kong Stock Exchange: 0863.HK) and the School of Business at the Hong Kong Polytechnic University jointly released a white paper on June 16 (The Block included it on the same day at 9:01 am EDT), titled "Cross-Border Trade Payments Will Drive the Adoption of Regulated Corporate Stablecoins." The core conclusion is that the demand for corporate-level cross-border trade payments is the main path to drive the large-scale adoption of regulated stablecoins, with importance surpassing retail consumption scenarios. OSL Group holds the Hong Kong Securities and Futures Commission licenses 7 (automated trading services) and 1 (securities trading), making it one of the few compliant exchanges globally with both institutional custody and practical experience in stablecoin settlement. Previously, it provided institutional clients with approximately $130 million in USDGO stablecoin settlement services in April 2026. This white paper provides an industrial basis for the stablecoin policy framework of Hong Kong's financial regulatory authorities, and, together with Visa's stablecoin settlement of $7 billion annualized scale, SoFi SoFiUSD's launch, and Western Union's USDPT layout, constitutes multiple points of evidence accelerating the global adoption of corporate stablecoins.

Standard Chartered Bank: Tokenization could drive the scale of DeFi assets to $2.7 trillion, growing 37 times by 2030

According to Cointelegraph, Standard Chartered Bank predicts in its latest research report that by 2030, the locked assets in decentralized finance (DeFi) will reach approximately $2.7 trillion, growing about 37 times from current levels. The report points out that this growth will be primarily driven by the tokenization of real-world assets (RWA) and the migration of crypto-native assets to on-chain protocols.Geoff Kendrick, Head of Digital Asset Research at Standard Chartered, stated that the next round of "structural growth opportunities" in digital assets will come from DeFi protocols, and it is expected that by 2030, the proportion of tokenized assets entering the DeFi system will increase from the current approximately 3.5% to about 30%.Current data shows that only about 3% of stablecoins and 10% of tokenized real assets are actually used in DeFi protocols, indicating significant room for penetration. The report also emphasizes that achieving the $2.7 trillion target will rely on the rapid expansion of tokenized asset scale and a significant improvement in on-chain capital efficiency. Previously, Standard Chartered predicted that by 2028, the scale of tokenized non-stablecoin real assets would reach $2 trillion, with money market funds and U.S. stocks becoming major components.At the infrastructure level, the report mentions that decentralized trading protocols like Uniswap could become important trading hubs for tokenized assets and notes that traditional financial institutions will focus more on security and stability when entering the on-chain market. However, analysts also warn that tokenization does not necessarily lead to increased liquidity, and fragmentation between different chains and asset standards may still limit market depth and unified pricing capability.

AtlasX Protocol World Cup first special live broadcast concludes: 500,000 views drive 1,000,000 USDT prize pool excitement

Recently, the live broadcast "Feixiaohao × AtlasX: World Cup, Prediction Market, and Web3 Event Trading" jointly hosted by Feixiaohao and AtlasX Protocol successfully concluded on June 11, 2026. This live broadcast was the first AtlasX special live event following the launch of the Feixiaohao World Cup Carnival, and it completed the first round of concentrated warming up for the event's prize pool and payout rights, which is worth up to 1 million USDT. Review data shows that the event achieved over 90,000 online listeners, with a total of over 500,000 plays, and attracted participation from over 50 KOLs and exposure from over 50 media outlets, with content simultaneously covering 13 platforms including X, YouTube, TikTok, Telegram, Binance Square, Huobi Live, Gate Live, Hotcoin, Pumpkin, Sidekick, and more.As the title sponsor of the Feixiaohao World Cup Carnival, AtlasX Protocol completed the first round of concentrated market education for the World Cup prediction products through this live broadcast. The event, hosted by the AtlasX prediction platform, will facilitate interactive predictions during the World Cup from June 11, 2026, to July 20, 2026, covering various prediction topics such as World Cup champion, group winners, key matches, knockout stage advancement, and final results.In terms of communication effectiveness, the over 90,000 online listeners and over 500,000 total plays indicate that the World Cup prediction market has strong user attention and content dissemination capability. For AtlasX Protocol, the significance of this live broadcast is not just brand exposure, but leveraging the multi-platform live broadcast network of Feixiaohao Live100 to integrate prediction products into this global sports event, allowing users to understand the participatory value of the prediction market in real event scenarios.As the World Cup progresses, AtlasX Protocol will continue to update prediction topics based on the event's progress and will amplify the activity's reach through Feixiaohao (Feixiaohao.ai) live broadcasts, media, KOLs, and community resources.

Gate Research Institute: The market value of the three storage giants collectively surpasses one trillion dollars, and the AI-driven storage industry enters a period of value reassessment

The latest report from Gate Research Institute titled "Gate Research Institute: The Market Capitalization of the Three Storage Giants Exceeds One Trillion Dollars, Gate Supports Their Real Stock Trading" points out that as the demand for AI large model training and inference continues to grow, the global storage industry is entering a new round of value reassessment.The report shows that the market capitalizations of the three storage giants, Samsung Electronics, SK Hynix, and Micron Technology, have all surpassed one trillion dollars, reflecting a repricing of the strategic value of AI storage infrastructure. Among them, Micron Technology has recently officially joined the one trillion dollar market capitalization club, becoming one of the most watched reassessment targets in the AI storage industry chain.The report mentions that the current rise in the storage sector is not a rebound from the traditional DRAM cycle, but is driven by structural demand growth brought about by the expansion of AI data centers. The importance of high-end storage products such as High Bandwidth Memory (HBM), DDR5, and enterprise-level SSDs continues to increase, pushing storage from being a supporting component in the computing power system to becoming a key resource that affects model training efficiency, inference performance, and deployment costs.In addition, Gate has officially launched stock trading services, allowing users to trade mainstream securities market stocks and ETF assets using USDT, and has introduced perpetual contracts for stocks and leveraged ETF products, providing investors with more diversified trading and allocation tools to participate in AI storage and semiconductor theme investments.

Multiple states in the U.S. are advancing bans on cryptocurrency ATMs, driven by fraud and significant losses prompting tighter regulations

The states of Delaware and New Jersey are advancing legislation to comprehensively ban the installation and operation of Crypto ATM devices, citing that these devices are widely used for fraudulent activities. The Delaware House Economic Committee has passed a related bill that aims to prohibit the possession, installation, or operation of Crypto ATMs, requiring existing devices to be removed within 90 days after the bill takes effect; violations could result in fines of up to $10,000 and possible recovery of costs or inclusion in a consumer protection fund.Meanwhile, the New Jersey Senate Commerce Committee has also unanimously passed a similar bill, prohibiting business activities related to Crypto ATMs, with penalties for violations reaching up to $20,000. According to data from the FBI in May, complaints involving Crypto ATMs approached 13,500 in 2025, resulting in losses exceeding $388 million, a significant increase from the previous year, with more than half of the victims aged 50 and above. Currently, several states, including Indiana, Tennessee, and Minnesota, have fully banned Crypto ATMs, and some states and local governments have also imposed limits on transaction amounts.Under regulatory pressure, Crypto ATM operators are facing ongoing impacts, with industry leader Bitcoin Depot having previously filed for bankruptcy due to a deteriorating operating environment. Meanwhile, operators emphasize that they have set up risk warnings and transaction limits and deny direct responsibility for third-party fraud.

A 19-year-old teenager in Canada amassed $13 million through cryptocurrency scams, and the entire case was exposed after being arrested for dangerous driving

According to The New York Times, Canadian man Trenton Johnston pleaded guilty in a federal court in Florida, admitting to participating in a money laundering conspiracy involving approximately $13 million, with funds sourced from cryptocurrency fraud. Prosecutor documents show that Johnston, over a two-year period, impersonated representatives of Google and cryptocurrency companies to lure victims into giving up their account access, and conspired with accomplices to transfer and hide illegal proceeds for luxury spending, including luxury cars, jewelry, nightclub expenses, and private jet travel.In March 2024, he was pulled over by police for speeding in a Rolls Royce in Miami, where there was a suspected smell of marijuana and illegal drugs in the vehicle, leading to a subsequent investigation that uncovered his long-term involvement in cryptocurrency fraud. The case also revealed that he had scammed a California resident out of approximately 185 bitcoins (worth about $13 million) using social engineering tactics. Data from the FBI indicates that losses related to cryptocurrency theft exceeded $11 billion in 2025, an increase of about 20% year-on-year. Currently, Johnston, as a first-time offender, has reached a plea agreement with prosecutors and is expected to face a prison sentence of 4 to 5 years, after which he will be deported to Canada.
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