ChainCatcher news, according to CryptoSlate, Solana co-founder Anatoly Yakovenko publicly opposed Cardano's proposal to sell $100 million worth of ADA to buy Bitcoin and stablecoins, calling the decision "very foolish."Yakovenko stated that the project team only needs to hold short-term government bonds for 18-36 months as emergency funds, questioning "why hold Bitcoin on behalf of users."The controversy stems from Cardano founder Charles Hoskinson's proposal on June 14, aimed at enhancing the liquidity of stablecoins in its DeFi ecosystem. The community is concerned that a large-scale sale of ADA will impact the coin's price, while Hoskinson argues that the market depth is sufficient to absorb the selling pressure and points out that the current stablecoin size on the Cardano chain is only $33 million, which threatens ecological development.

ChainCatcher news, news, Conflux founder and Shanghai Tree Diagram Blockchain Research Institute director Long Fan recently revealed in an interview with Xinmin Weekly that during his PhD studies at MIT, he spent one thousand dollars to purchase 100 bitcoins, which he later sold for 50 dollars each. Now, the price of bitcoin has surpassed 100,000 dollars, and he still does not have 100 bitcoins.

ChainCatcher news, according to GMGN market data, the market capitalization of ALON, the token of pump.fun founder CTO, has surpassed 16 million USD, currently reported at 16.58 million USD, with a 24-hour increase of 30.89%.The founder of pump.fun previously stated in January that he had taken over the ALON token TG group and paid the fees for Dexscreener.

ChainCatcher news, based on the BNBChain, the meme project $JAGER has recently received a public response from Jager, the founder of Binance Academy.Jager stated that his intention in working at Binance and initiating Binance Academy was to "enhance the legitimacy and credibility of cryptocurrency." He cannot prohibit any project from using his name for naming, but hopes that the JAGER HUNTER team and community can "help others, contribute to industry development, and fight for the right things," wishing the project team and holders all the best.It is reported that $JAGER has airdropped tokens accounting for 92.8% of the total supply to over 1.47 million wallet addresses, with more than 100,000 current holders. Recently, $JAGER launched several activities, including a $200,000 prize pool for liquidity providers (PancakeSwap V3) and a collaboration with Galxe to distribute $10,000 worth of BNB rewards.

ChainCatcher news, "Ice Cream Assassin" Zhong Xuegao's founder Lin Sheng responded to netizens' questions about his "speculating on cryptocurrencies" during a live broadcast, stating, "It was a very big mistake for me to speculate on cryptocurrencies. For a long time, I was recommending friends around me to try things like Bitcoin and so on. Later, I found that those who listened to my recommendations were all smiling, while I still don't have a single Bitcoin now. It's too tragic."

ChainCatcher news, according to Protos, U.S. prosecutors have filed a motion to prevent expert witnesses for Tornado Cash founder Roman Storm from testifying. The prosecutors claim they are "Trojan horses" that would waste the jury's time and confuse jurors' understanding of privacy, token economics, and KYC. This means that Roman Storm's defense team needs more time to respond to a large volume of documents attempting to eliminate eight defense arguments, and the prosecutors even opposed extending the time by two days.In addition, there are reports that the U.S. Department of Justice has dropped the "unlicensed money transmission" charges against Roman Storm and no longer refers to Tornado Cash as a "financial institution," but retains the money laundering charges. It is reported that Roman Storm's trial is expected to begin on July 14 in New York, with support expressed from Vitalik and the Ethereum Foundation.

ChainCatcher news, Consensys founder and Ethereum co-founder Joseph Rubin posted on the X platform, stating that more and more traditional companies are adopting ETH and BTC (as well as some other digital assets) in their financial strategies, indicating that TradFi is massively introducing DeFi. In this context, Wall Street will be motivated to delve into and learn the principles of these strategies, gaining a deeper understanding of the details of Bitcoin and Ethereum.As Wall Street becomes excited, DeFi will gradually normalize and grow, and consumers and businesses will subsequently build end-user applications that go beyond DeFi. Companies can use and issue tokens and participate in DeFi without worrying about sanctions, and the paradigm shift towards decentralization in the global economic system is accelerating.

ChainCatcher news, Consensys founder and Ethereum co-founder Joseph Rubin posted on the X platform that the Ethereum ecosystem's Layer 2 network Linea is now 100% provable/verifiable, without the need for simulation or "translation," and internal milestones are being broken.Joseph Rubin has revealed that, given that Web3 protocols typically rely on tokens to operate multiple protocols, tokens will be gradually launched in the future, with LINEA being the first to issue a token.

ChainCatcher news, JackYi, the founder of LD Capital, posted on social media that Trend Research under LD Capital continues to buy 100,000 ETH options.JackYi stated that as a secondary investment institution, they have experienced too many black swan events, which do not affect the outcome but are merely a temporary process. Investment always occurs when others are fearful, aligning words and actions, and investing in trends.

ChainCatcher news, ConsenSys founder Joseph Lubin responded to user questions about whether MetaMask will issue a token, stating that ConsenSys has developed short-term and mid-term strategic plans involving the protocolization of existing products and several new projects. Given that Web3 protocols typically rely on tokens for operation, multiple protocols will gradually launch tokens in the future. Lubin revealed that the first to issue a token will be LINEA, and subsequent protocols will also achieve collaborative development.

ChainCatcher news, according to CNBC, hedge fund giant Coatue Management founder Philippe Laffont stated at the Coinbase cryptocurrency summit in New York that although investors may have been deterred by Bitcoin's early volatility, the volatility of Bitcoin has decreased over time, which means the cost of investing in Bitcoin is declining, and the acceptance of Bitcoin by institutional investors is also a sign of the maturity of cryptocurrencies.In addition, the number of Bitcoin wallets that have held cryptocurrency for at least a month and sold all of it has significantly decreased, indicating that investors are holding cryptocurrencies for the long term rather than trading. Of course, at this stage, Bitcoin still represents a very small proportion of global net assets (about $2 trillion out of $50 trillion), and if Bitcoin is to be viewed as a value asset by more people, it must become a more core asset in their portfolios. For investors who value Bitcoin, Philippe Laffont advises not to let Bitcoin occupy too large a proportion of their portfolios to the extent that it becomes the driving force of the portfolio.

ChainCatcher news, Kaito AI founder Yu Hu posted on X, stating that over $90 million worth of tokens have been distributed to holders and users. The more value the network helps distribute, the more value the network captures, leading to continuous improvements and innovations, primarily guided by the community. Currently, Boop and Loudio are the main sources of Total Value Distributed (TVD) for Kaito Eco.

ChainCatcher message, the Ethereum Foundation stated that it will donate $500,000 to support the legal defense of Tornado Cash co-founder Roman Storm, and will provide up to $750,000 in matching donations for the community. The foundation emphasized in a statement that "privacy is normal, writing code is not a crime."

ChainCatcher news, according to The Block, on June 13, the U.S. District Court in Massachusetts ruled against Aleksei Andriunin, the founder of cryptocurrency market maker Gotbit, finding him guilty of wire fraud and market manipulation, sentencing him to 8 months in prison and 1 year of supervised release. The court also sentenced Gotbit to 5 years of probation, during which it is prohibited from conducting business.It is reported that 26-year-old Andriunin was arrested in Portugal in October 2024 and extradited to the U.S. in February this year. Prosecutors accused him of engaging in market manipulation activities, such as "wash trading," by creating false trading codes and manipulating multiple accounts, with the amount involved reaching tens of millions of dollars. As a market maker, Gotbit is suspected of artificially creating trading volume to get tokens listed on mainstream exchanges.

ChainCatcher news, according to CoinDesk, Cardano founder Charles Hoskinson proposed in a live broadcast to use 100 million ADA from the treasury to exchange for Bitcoin and stablecoins (USDM, USDA) to increase the proportion of on-chain stablecoins and enhance the DeFi ecosystem.Charles Hoskinson stated that this move would not impact the ADA market and refuted liquidity concerns. Currently, on-chain stablecoins on Cardano account for only about 10% of TVL, far lower than the stablecoin ecosystem scale of Solana. This proposal diverges from the viewpoint previously emphasized by Cardano Foundation CEO Frederik Gregaard that "TVL is not a key metric."

ChainCatcher news, according to the official announcement, the AI blockchain platform Yupp has completed a $33 million seed round financing, led by a16z founder Chris Dixon and a16z investment partner Elizabeth Harkavy. The Yupp platform allows users to compare various AI models for free; users can input prompts and view responses generated by multiple AIs side by side, and after selecting the best result, a "preference data packet" is formed. This data is used for the post-training and evaluation of AI models.The platform combines blockchain technology to achieve transparency in the evaluation process. Users can provide feedback and receive corresponding rewards, while AI developers obtain verifiable training data. The platform design turns human judgment into a cyclical resource: an increase in users brings more evaluation data, which improves model quality, and high-quality models attract more user participation.

ChainCatcher news, according to Jin10 data reports, on June 13, after Israel's airstrike on Iran, Bitcoin and other cryptocurrencies significantly depreciated.Caroline Mullen, co-founder of the crypto derivatives liquidity provider Orbit Markets, stated: "Cryptocurrencies reacted negatively to the news of Israel's attack on Iran, consistent with major risk assets. We expect to see technical support around $101,000, but geopolitical news will drive price movements in the short term."

ChainCatcher news, according to community user @chaoge_btc, it is reported that the founder of the suspected cryptocurrency trading platform AEX (Anyin Exchange), Huang Tianwei, was arrested at Don Mueang Airport in Thailand, suspected of defrauding two Chinese nationals of approximately 200 million Thai Baht (about 44 million RMB) in cryptocurrency assets. He has now been handed over to the Chiang Rai police for further investigation.