ChainCatcher news, according to Jinshi reports, Iranian Foreign Minister: However, as long as the Israeli regime stops its illegal aggression against the Iranian people before 4 a.m. today, we do not intend to continue responding. The final decision regarding the cessation of our military actions will be made later.

ChainCatcher news, according to Ember monitoring, SharpLink Gaming (Nasdaq: SBET) has purchased 6,744 ETH ($16.51 million) through Galaxy Digital in the past 4 days.SharpLink Gaming has currently spent $493 million to purchase and hold 188,000 ETH ($456.9 million), with an average cost of about $2,617. The current unrealized loss is approximately $37.5 million.

ChainCatcher news, the People's Court Daily published an article signed by Zhao Liang from the Intermediate People's Court of Shenzhen, Guangdong Province, titled "Disposal of Virtual Currency Involved in Criminal Cases: Challenges, Innovations, and Judicial Responsibility," which points out that virtual currency has corresponding property attributes, and there is basically a consensus in judicial practice.For the need to return compensation to victims or to confiscate, in order to balance the demand for disposing of virtual currency involved in cases with the regulatory policies in the mainland, it can be explored to file and supervise with the People's Bank, foreign exchange management, and other departments, entrusting qualified third-party institutions, in legally judicial jurisdictions for virtual currency trading abroad, such as Hong Kong, to exchange virtual currency for legal tender at market prices through compliant licensed trading platforms, and after cashing out abroad, to handle according to the provisions of the State Administration of Foreign Exchange's "Letter on Issues Related to Opening Foreign Exchange Accounts and Handling Foreign Exchange Income and Expenditure by People's Courts in Foreign-related Judicial Activities." For virtual currencies used in crimes that pose a threat to national security and public interest, such as privacy coins, they can be sent to a "black hole address" for destruction, permanently exiting circulation.

ChainCatcher news, according to Cointelegraph, Elon Musk's artificial intelligence company xAI is facing legal action for its use of gas turbines at the "Colossus" data center in Memphis. The Southern Environmental Law Center (SELC) sent a 60-day notice of intent to sue xAI on behalf of the NAACP, accusing it of violating the Clean Air Act.SELC pointed out that xAI has installed and operated at least 35 gas turbines over the past year without obtaining the necessary pre-construction or operating air permits. These devices could emit more than 2,000 tons of nitrogen oxides (NOx) annually, severely impacting local air quality.

ChainCatcher news, the Hainan Danzhou City People's Procuratorate recently reported that a criminal gang lured victims with the bait of "investing 10,000 to earn 300 daily" in high returns from virtual currency. They promoted "contract trading of coins" through online communities and offline companies, illegally raising over 10 million yuan from 32 clients in just a few months. The continuous devaluation of the purchased virtual currency led to a break in the capital chain, ultimately resulting in a "collapse."The court sentenced the gang to fixed-term imprisonment and fines for the crime of illegally absorbing public deposits.

ChainCatcher news, according to the report from the official account of the Danzhou People's Procuratorate, a certain criminal gang used "contract cryptocurrency trading" as a bait to attract investments in virtual currencies with promises of high returns, illegally absorbing public deposits totaling over 10 million yuan, a huge amount. The Danzhou People's Procuratorate has filed a public prosecution for the crime of illegally absorbing public deposits.After examination, the Danzhou People's Procuratorate determined that the actions of this criminal gang violated the Criminal Procedure Law of the People's Republic of China, constituting a joint crime of illegally absorbing public deposits, and they were sentenced to fixed-term imprisonment and fined.

ChainCatcher news, according to CryptoNews, the Krasnoyarsk Krai prosecutor's office in Russia reported the discovery of an illegal outdoor cryptocurrency mining farm covering 30,000 square meters in a state-owned industrial area in Nazarovo. The facility has a monthly output value of approximately 4.6 million rubles (about 58,700 USD), using a large number of transformers, generators, and mining machines, and illegally tapping into the municipal power grid for electricity. The company had previously ignored warnings from the prosecutor's office, and ultimately the court ordered a complete halt to its operations.

ChainCatcher news, according to The Block, a recent report from crypto analytics firm TRM Labs shows that 99% of stablecoin transactions in 2024 are for legitimate purposes.Currently, stablecoins account for over 60% of the total cryptocurrency transaction volume, with inter-business transfers being the largest and fastest-growing use case. TRM Labs points out that stablecoins operate on public chains and, combined with advanced blockchain analysis technology, offer traceability that is more transparent than cash, and issuers can "freeze" or "destroy" illegal proceeds.However, TRM also stated that stablecoins account for 60% of the illegal transaction volume in the entire crypto ecosystem. In its Q1 2025 crypto crime report, it was found that despite the rising attention on privacy coins, stablecoins remain the asset choice for illegal activities such as terrorism financing.

ChainCatcher news, according to The Block, Galaxy Digital has partnered with Liquid Collective to provide liquid staking services for institutional investors on Ethereum.Under the agreement, Galaxy will act as an over-the-counter trading support provider, offering liquidity support for Liquid Collective's liquid staking token LsETH. This collaboration is based on the new regulations issued by the SEC in May, which clarify that staking activities do not constitute securities issuance. Both parties stated that they will expand their collaboration to liquid staking services on networks such as Solana in the future. Additionally, Galaxy will become a node operator for the Liquid Collective network.

ChainCatcher news, according to Bloomberg, Ubyx, a stablecoin startup founded by former Citigroup executive Tony McLaughlin, has completed a $10 million seed round financing, led by Galaxy Ventures, with participation from Founders Fund, Coinbase Ventures, Paxos, and VanEck. The company aims to build a clearing system that connects stablecoin issuers with banks and fintech companies to address interoperability issues in payment scenarios.Ubyx plans to establish a global stablecoin acceptance network similar to Visa and Mastercard, enabling stablecoins issued by various institutions to circulate across platforms. Its system will support blockchains such as Solana, Base, Canton, and XRP Ledger, and has already partnered with stablecoin issuers like Paxos and Ripple. The network is expected to go live by the end of the year and will also be compatible with other forms of digital assets, including central bank digital currencies.

ChainCatcher news, according to Cointelegraph, law enforcement agencies in the Republic of Buryatia, Russia, discovered illegal cryptocurrency mining activities hidden inside a Kamaz truck during a routine inspection of power lines in the Baikal region. The truck was drawing power from a 10 kV line and contained 95 mining devices and a mobile substation, but two individuals involved fled the scene in an SUV before the police arrived. Buryat Energy, a subsidiary of Siberian Power Company in Russia, stated that there have been six cases of electricity theft related to cryptocurrency mining since the beginning of this year.

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 information from the Delaware Division of Corporations, the Invesco Galaxy Solana ETF was officially registered in Delaware on June 12, 2025, as a Statutory Trust, with the registered address at 251 Little Falls Drive, Wilmington, and CSC Delaware Trust Company serving as the registered agent.

ChainCatcher news, former Galaxy Digital research vice president Christine Kim posted on X platform, pointing out that the new Ethereum Foundation organizational structure is confusing. She mentioned that Tim Beiko, Barnabé Monnot, and Alex Stokes hold multiple roles, leading all R&D teams of the foundation while managing their own teams, and are responsible for L1 and L2 scaling and improving user experience (UX) within the next 12 months.In addition, Christine expressed doubts about the details of the organizational chart, including whether the bold names indicate team leaders, the purpose of the highlighted sections, and whether Tim is responsible for protocol coordination and overseeing multiple projects.At the same time, she expressed confusion over the color grouping logic, such as why the consensus mechanism is grouped with account abstraction but not including stateless consensus; why Testing and pandaops are grouped together while Security is not grouped.

ChainCatcher news, focusing on low-latency Layer 2 blockchain RISE Chain announces the completion of a new round of financing of $4 million, with participation from Galaxy Digital's venture capital arm Galaxy Ventures. The total financing amount for the project has reached $8 million, and the new funds will be used to promote its mainnet launch to build a high-throughput, low-latency blockchain.

ChainCatcher message, according to monitoring by The Data Nerd, Galaxy Digital has acquired 501 BTC (approximately 53 million USD) from Jump again 2 hours ago.Within three days, it has obtained a total of 1,001 BTC (approximately 105.32 million USD) from Jump. Currently, Galaxy Digital holds a total of 4,377 BTC (approximately 462.37 million USD).

ChainCatcher news, according to The Block, BiT Global's lawyers have withdrawn the lawsuit against Coinbase, which involved Coinbase delisting the wrapped Bitcoin token wBTC just two months after launching the competing token cbBTC. According to the agreement, both companies will pay their own legal fees.BiT Global is a company supported by TRON founder Justin Sun and had previously partnered with BitGo as a "strategic partner" to provide the wrapped Bitcoin token wBTC. The dismissal of the lawsuit means that it will not be refiled.

ChainCatcher news, the encrypted payment framework AEON announced a partnership with blockchain game developer Gala to support its native token $GALA for online and offline payment scenarios. This collaboration will enable $GALA to be used in over 20 million merchants in Southeast Asia, including brands like McDonald's, Starbucks, Uniqlo, and more. In the future, it will also expand to markets in Africa and Latin America, bringing broader real-world application scenarios for entertainment tokens.

ChainCatcher news, according to Bloomberg, the U.S. SEC has expressed doubts about the Ethereum and Solana staking ETFs launched by REX Shares and Osprey Funds, believing they may not comply with the definition of investment companies and ETFs under the Securities Act.The U.S. SEC stated that these funds may have "incorrectly submitted their registration statements," and that "the disclosures in the registration statements regarding these funds' status as investment companies may be misleading."REX Financial's General Counsel Greg Collett said, "We believe we can satisfy the SEC's concerns regarding investment companies, and we do not intend to launch the funds until we do so."

ChainCatcher news, according to CoinDesk, Russian police have arrested a person suspected of involvement in a cryptocurrency mining scam, with the case involving an amount of 270 million rubles (approximately 3.2 million USD) and a total of 100 victims.A local resident reported to the police in February this year that he had handed over an ASIC mining machine to a person claiming to operate a "mining hotel," who promised to provide passive income. The 26-year-old suspect and his two accomplices are accused of selling the received mining machines and embezzling the funds intended for purchasing other mining equipment.