ChainCatcher news, according to globenewswire, the NYSE-listed company Genius Group Limited today announced that its board of directors has approved a profit distribution plan: in the future, any net proceeds from legal victories will be split, with half allocated to shareholders and the other half used to purchase Bitcoin to bolster the company's Bitcoin reserves.Genius Group CEO Roger Hamilton stated, "The company currently has two legal cases, one has been filed and the other is about to be submitted, with a total claim amount exceeding $1 billion. Since both lawsuits aim to recover direct losses incurred by our shareholders from third parties, the board believes that once the cases are won, all proceeds should be 100% directly allocated to shareholder distribution or reinvestment to maximize shareholder interests."

ChainCatcher message, Fragmetric announced on platform X that the FRAG token checker page is now live, allowing users to connect their wallets to check eligibility for the first season airdrop.

ChainCatche news, according to official sources, Canadian listed company SOL Strategies announced the establishment of a Strategic Ecological Reserve (SER) and has initially acquired 52,181.564 JTO tokens.

ChainCatcher news, according to Jinshi reports, Federal Reserve's Goolsbee stated that Trump's early announcement of Powell's successor will not affect the FOMC. If the inflation rate remains within the 2% range and uncertainties are resolved, the Federal Reserve will move towards a path of interest rate cuts.

According to ChainCatcher news, as revealed by Hazeflow founder Pavel Paramonov, Polychain invested approximately $20 million in the Celestia project and has sold tokens worth over $80 million solely through staking rewards without selling any of its original investment. Celestia has currently dropped 92.2% from its historical peak.

ChainCatcher news, according to official sources, YZi Labs announced an investment in MEET48, a decentralized entertainment platform from the BNB Chain MVB (Most Valuable Builder) accelerator, aimed at addressing challenges in fan interaction through token-driven solutions.This round of financing will accelerate the development of MEET48 and further enrich its Web3 fan experience through virtual performances, idol cultivation games, and real-world events.

ChainCatcher news, according to official sources, Binance has announced that the CESS token airdrop is currently experiencing delays and is working to ensure the event restarts, with the specific date to be announced.

ChainCatcher news, according to the Hong Kong Stock Exchange announcement, the board of directors of Huaxing Capital Holdings has resolved to enter the Web3.0 and cryptocurrency asset fields, and approved a budget of $100 million, which is planned to be used for the group's development of Web3.0 business and investment in cryptocurrency assets over the next two years.The announcement stated that the group will increase its investment in stablecoins, RWA (real-world assets), and the cryptocurrency ecosystem based on successful investments in Circle Internet Group and several cryptocurrency companies' IPOs and multiple rounds of financing, and will actively promote the application and upgrade of relevant business licenses.

ChainCatcher message, the stablecoin protocol Resupply stated that its wstUSR market has experienced a vulnerability exploit. The affected contracts have been identified and paused. Only the wstUSR market is affected, and the protocol is still operating normally. A complete incident report will be shared immediately after a thorough analysis of the situation.Earlier news reported that Resupply encountered a suspicious trading attack, resulting in a loss of approximately 9.5 million dollars.

ChainCatcher news, according to Cointelegraph, a cryptocurrency "pig butchering" victim Michael Zidell has sued Citibank in federal court in Manhattan, accusing the bank of ignoring suspicious transaction alerts, which led to him being scammed out of $20 million. The complaint shows that Zidell transferred funds to multiple bank accounts controlled by the scammers through 43 transactions, with nearly $4 million going into Citibank's Guju Inc account.This "pig butchering" scam began in 2023, with the scammers posing as a businessman "Carolyn Parker" luring Zidell into investing in NFTs through Facebook. The complaint points out that Citibank failed to investigate the unusual large integer transfers occurring frequently, violating anti-money laundering monitoring obligations. By the time Zidell discovered that the trading platform named OpenrarityPro had suddenly shut down, the funds were unrecoverable.

ChainCatcher news, according to Decrypt, Australian artificial intelligence biotechnology company Opyl Limited, a publicly listed company on the ASX facing financial pressure, announced the adoption of a Bitcoin financial strategy, joining the growing number of publicly traded companies turning to cryptocurrency as a lifeline.Opyl purchased approximately 2 Bitcoins, worth about $214,500, through the DigitalX Bitcoin ETF listed on the ASX. Although this amount is insignificant compared to other companies adopting the same strategy, the company stated that this move strengthens its "financial diversification" and reflects its commitment to "aligning with shareholder value creation."The acquisition was supported by non-executive director Antanas "Tony G" Guoga, who is also the chairman of blockchain company SOL Strategies, providing non-dilutive financing. This loan can go up to $1.3 million, with an interest rate of 6.5%, secured against the company's Bitcoin holdings.

ChainCatcher news, according to Caixin, A-share stablecoin concept stocks continue to strengthen, Chutianlong surged in the afternoon hitting the limit, Changliang Technology and Xinan Century rose over 10%, Kechuang Information and Jida Zhengyuan previously hit the limit, Lakala, Youbuxun, and Feitian Chengxin rose over 7%.

ChainCatcher news, according to the Hong Kong Securities and Futures Commission, as of June 24, a total of 40 institutions have upgraded to License No. 1, which means upgrading the existing securities trading license to provide virtual asset trading services through a comprehensive account arrangement, including 38 brokerages, 1 bank, and 1 internet company.Industry insiders pointed out that the No. 1 license (upgrade) obtained by Chinese-funded brokerages is only for distribution purposes; brokerages cannot build their own cryptocurrency trading platforms but will connect clients to existing cryptocurrency trading platforms.

ChainCatcher news, the autonomous IP Layer 1 blockchain Camp Network announces the upcoming launch of the "Summit Series" Phase Two incentive program. This phase will introduce more collaborative applications, well-known IP resources, and fun tasks.

ChainCatcher news, according to Jin10 data reports, Changliang Technology stated on June 26 on the interactive platform that the company is currently working on research related to digital solutions for stablecoins.At the same time, the company is actively seeking potential partners from its own channels to collaborate with institutions that may participate in the issuance and operation of stablecoins. Currently, among the several institutions participating in the Hong Kong stablecoin sandbox test, the company has a long-term business partnership with Standard Chartered Bank.

ChainCatcher news, according to official sources, Nasdaq-listed company NanoLabs announced that it has just secured 600 bitcoins (approximately 63.6 million USD) in the first round of investment for its 500 million USD convertible bond offering.Currently, the company holds 1,000 bitcoins in its reserve fund.

ChainCatcher message, after the Cork Protocol attacker transferred 4,520 ETH to Tornado Cash yesterday and donated 10 ETH to the Tornado Cash developer legal fund.Tornado Cash co-founder Roman Storm posted on the X platform: "My lawyer cannot accept these funds, and these funds will be returned to the Cork team."

ChainCatcher news, according to Jin10 data reports, Hong Kong stock Victory Securities (08540.HK) has surged over 100% in the short term, currently reported at HKD 7.50. Media reports indicate that several local Hong Kong brokerages, including Victory Securities, have completed the upgrade of License No. 1.

ChainCatcher news, according to Jinshi Data reports, industry insiders directly involved in the virtual asset license application and system integration have revealed that several local Hong Kong brokerages (such as Victory Securities (08540.HK), Ade Securities, etc.) have completed the upgrade of License No. 1. Guotai Junan International is not the only Chinese-funded brokerage applying for a license, and more institutions may join in the future.Brokerages mainly provide "distribution" type trading services, rather than operating proprietary exchanges. Specifically, their model is to establish an Omnibus Account within licensed exchanges, providing clients with trading channels for mainstream compliant cryptocurrencies such as BTC and ETH through the integration of trading systems, without involving high-risk altcoins or tokens. Currently, the aforementioned local brokerages have launched similar distribution services, and their compliance requirements regarding customer due diligence (KYC), suitability management, and investor education are basically consistent with Guotai Junan International, and all prohibit residents of mainland China from participating in trading.