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According to BusinessMirror, columnist John Mangun pointed out that the European Commission recently proposed the first "comprehensive ban on third-country cryptocurrency asset services" against Russia. The underlying logic—wealthy countries can enforce compliance with their policies on any country accessing their financial systems—has far-reaching warning implications for developing countries like the Philippines.Remittances in the Philippines account for about 9% of GDP, and the proportion of cryptocurrency channels continues to rise. Although the central bank has established a regulatory framework for virtual asset service providers, its regulatory authority stops at the national border. The article cites the case of the Philippines being placed on the FATF "grey list" in 2021, indicating that once external financial connections are severed, compliance costs will be passed down, ultimately borne by ordinary remittance families. The author warns that the current debt-to-GDP ratio in the Philippines has reached 63.2%, a 20-year high. If cryptocurrency regulation is viewed solely as a consumer protection issue, while ignoring the underlying dimensions of capital accounts and fiscal sovereignty, the country may face a "Roosevelt-style four-day ultimatum" unprepared.

BIT (formerly Matrixport) announced the official launch of its U.S. stock margin trading feature, which will be open for public testing starting June 26. BIT is the first platform in the cryptocurrency industry to offer margin trading functionality. Users can now submit margin loan applications through the official website or app. BIT will review applications based on account status and risk management requirements, gradually increasing the margin limits. Additionally, features such as securities lending are also in preparation and will be gradually opened based on regulatory requirements and product progress.During the public testing period, BIT will simultaneously launch the "First Margin Loan · Limited Time Interest-Free" and "Interest Cashback Gift" promotions: Users who use margin trading for the first time during the promotional period will enjoy 30 days of 0% interest on their first loan, allowing users to experience the efficiency of leveraged funds without interest. Elio Cui, head of brokerage services, stated: "BIT is the first to provide margin trading functionality, enhancing the customer journey from account opening, trading to fund leverage. This allows BIT customers to improve investment efficiency and strategically position themselves in the world's most wealth-generating assets without relying on bank cards or leaving the digital asset ecosystem."BIT also reminds users that while margin trading enhances the efficiency of fund usage, it also comes with corresponding risks. Users should fully understand margin rules and risk control mechanisms and participate cautiously based on their own risk tolerance.

According to Onchain Lens monitoring, in the past 4 hours, a certain whale opened a long position of 27,900,000 XRP with 20x leverage, worth 30,900,000 USD. This whale also holds a long position of 809.9 BTC with 20x leverage, worth 50,600,000 USD, currently facing an unrealized loss of over 2,600,000 USD.

Nakamoto Inc., a Bitcoin treasury company led by entrepreneur David Bailey, announced that its medical clinic ceased operations on June 19, completing the liquidation of legacy medical businesses inherited from its merger with KindlyMD in 2025. This exit marks the nearing end of Nakamoto's transition to a Bitcoin-centric operational model— the company will focus on three main business segments: media and information services, asset management, and consulting services, to build a recurring revenue system.CEO Bailey stated that the company has established a differentiated platform that includes a globally leading Bitcoin media and events platform, a continuously growing asset management business, and consulting practices, now fully focused on scalability and long-term shareholder value. Nakamoto is one of the Bitcoin treasury companies that emerged in 2025, rising alongside Tether and Strike founder Jack Mallers' Twenty One Capital. Nakamoto obtained approximately $540 million in PIPE financing through its merger with KindlyMD to purchase Bitcoin, and as of today holds 4,467 BTC, valued at approximately $278.5 million.

According to a report by The Information, the confidential IPO registration draft submitted by OpenAI shows that as of the end of March 2026, OpenAI's balance sheet exhibits "light asset" characteristics, with zero debt on the books and capital expenditures of only $46 million in the first quarter. However, in reality, the company has placed substantial infrastructure expenditures off the books, with future procurement commitments in chips, energy, and data centers reaching up to $665 billion. Financial data indicates that OpenAI's actual net loss in the first quarter was approximately $8.5 billion, with revenue costs amounting to $3.5 billion.Additionally, OpenAI demonstrates a very high characteristic of related-party funding cycles. In the first quarter, 72% of its revenue costs and 45% of total expenditures flowed to related parties (expected to be primarily Microsoft), and it directly used $488 million in equity to settle part of its computing power bills. In the data center joint venture project within its consolidated financial statements, nearly $5 billion in book losses is accounted for as belonging to external partners. The documents also reveal that its main competitor, Anthropic, is similarly engaging in large-scale off-balance-sheet expansion, including $4.5 billion in data center service commitments and $35 billion in chip leasing orders.

The Binance contract platform will launch the MVLLUSDT perpetual contract on June 29 at 21:35, the TQQQUSDT perpetual contract at 21:40, and the SQQQUSDT perpetual contract at 21:45, with a maximum leverage of up to 20 times.

Du Jun from ABCDE Lianchuang stated that over the years of twists and turns, the crypto field has returned to the payment narrative in the Bitcoin white paper. He will continue to invest in the crypto field and still believes that blockchain will eventually reconstruct financial infrastructure.

Aave founder Stani stated that he could accept the reserve requirement if the Bank of England (BoE) is willing to pay market rates on the 30% of base assets that need to be held at the central bank for systemic stablecoins. Previously, the BoE proposed that part of the reserves for systemic stablecoins should be held at the central bank to reduce risk; Stani's statement focuses on whether the passive deposit rates can cover the opportunity cost of these "locked" assets.

According to Onchain Lens monitoring, a certain whale deposited 2010 ETH worth 3.3 million dollars into Binance after being silent for 7 months, facing a loss of 12.7 million dollars. This whale previously withdrew 10026 ETH for 29.26 million dollars and currently still holds 8016 ETH, worth 13.24 million dollars.

According to the official announcement, Bitget has launched U-based perpetual contracts, supporting up to 20 times leverage, and the contract trading Bot will be opened simultaneously.

According to the THORChain announcement, the network has fully resumed operation after being down for more than a month. Core functions such as signing, node churning, asset custody, liquidity provision, and cross-chain exchanges have all been relaunched, and trading services have officially resumed. THORChain stated that the primary goals of this recovery are safety and stability, and comprehensive verification of the treasury and key shares has been completed. The future roadmap includes native Monero exchanges, Zcash support, dynamic fees, and deeper liquidity optimization.

According to Onchain Lens monitoring, in the past 24 hours, a certain whale opened a short position of 554,700 SOL with 20x leverage, worth 38.14 million USD; this whale also holds a short position of 2,577.62 ETH with 11x leverage.

According to Lookonchain, the address "pension-usdt.eth," which had previously made a profit in 23 consecutive trades, shorted 50,000 ETH (with a nominal value of approximately $82.36 million) two days ago and currently holds about $4.35 million in unrealized profits.

According to Jinshi, SpaceX's stock price further declined in pre-market trading, with a pre-market drop of nearly 5% to about $147, below the IPO opening price of $150. The company's market value is about to fall below $2 trillion. After three consecutive days of decline, SpaceX's market value has evaporated by more than $600 billion, with a reduction of about $400 billion in just one day on Monday, marking the second-largest single-day market value evaporation in recorded history for U.S. stocks.

Taiko official announcement, the root cause of the attack has been thoroughly investigated, and the team has developed a remediation plan to safely restore blockchain operations in the coming days.Priority will be given to addressing the issues of affected users, and discussions will be held with the DAO council to explore the best solutions. Yesterday, Taiko's ERC20 Vault on Ethereum was attacked, resulting in losses exceeding 1 million dollars.

SecondFi posted on platform X that the team discovered security issues with a small number of Cardano wallets on the platform. The issue has been contained and affected features have been suspended, while the engineering team is actively working to restore all platform functionalities. To protect users, SecondFi has temporarily entered maintenance mode, and all front-end interactions have been suspended.

Status Network announced that it will merge its gas-free and privacy L2 technology into the Linea ecosystem, becoming the native distribution layer for the latter, and will no longer launch an independent mainnet. This merger aims to unify the technical routes and liquidity of both parties, avoid ecological fragmentation, and allow Status to fully concentrate its resources on its core application, Status App.The official statement indicated that the previous pre-deposit treasury has now been closed, and the related assets will be fully migrated to the Linea mainnet. When the Linea mainnet opens for withdrawals, pre-deposit users will not only be able to withdraw their principal and accrued earnings but will also proportionally receive a total of 20 million SNT and 20 million LINEA as liquidity rewards. A detailed migration timeline and testnet developer migration guide will be officially announced next week.

According to a report released by the data analysis platform Glassnode (@glassnode), although the BTC price is still far below its historical high, traders on the Hyperliquid platform are continuously increasing their long positions, with a buy-the-dip sentiment prevailing throughout the downward trend, and the potential for market short squeezes is continuously accumulating.Meanwhile, the altcoin cycle signal has returned to "altcoin season," and the selling pressure on altcoins is tending to exhaust, but BTC is still under downward pressure, and the current market trend is still dominated by BTC movements.

According to reports from Blue Whale Technology, the next-generation Doubao AI phone, jointly promoted by ZTE and ByteDance, may be delayed from its originally expected release in the second quarter due to issues with the filing and certification process. Sources reveal that the phone needs to pass both the large model filing with the Cyberspace Administration and the network access certification with the Ministry of Industry and Information Technology; currently, the product is still in the second application filing stage. If the approval goes smoothly, the new device is expected to be launched as early as July to August this year.In terms of the supply chain, the screen supplier for the next-generation Doubao phone has been changed from Shentianma to BOE, the battery will use Desay battery and ATL cells, and the manufacturing will be handled by Zhongnuo Communications, a subsidiary of Furui Electronics. Additionally, reports indicate that this product mainly adopts a technical route that deeply integrates large models into the underlying operating system, but it currently faces ecological barriers due to the lack of data access permissions from leading platforms like Tencent and Alibaba when implementing system-level agent cross-application calls.