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According to on-chain analyst Yu Jin's statistics, a certain early whale has sold approximately 3.8 trillion SHIB in the past month, cashing out about 20.73 million USD.This address purchased 1.03 trillion SHIB in 2020 for 37.8 ETH (approximately 13.7 thousand USD) and was valued at about 9.1 billion USD at its peak in 2021. Despite SHIB dropping about 14.5% in the past month, this address currently still holds approximately 96.27 trillion SHIB, accounting for about 16.3% of the total supply, with a market value of about 457 million USD.

According to CoinDesk, the Ethereum research forum has released a new proposal introducing the "validator redirect revenue" mechanism, allowing validators to redirect 0% to 10% of staking rewards to fund ecosystem infrastructure and public goods. If a majority of validators support a certain percentage, that percentage will be enforced for all validators. Based on current staking levels, a redirect of 5% to 10% could bring approximately 50,000 to 70,000 ETH to the ecosystem each year, equivalent to about 120 million dollars.The proposal aims to address the long-standing "free-rider" problem in Ethereum, but it has also raised concerns about the risks of validators jointly manipulating the flow of funds and the misalignment of interests between staking operators and ETH holders. The proposal is currently still in the discussion phase and has not yet entered the formal voting process.

IBM CEO Arvind Krishna recently expressed serious doubts about the massive capital expenditures by competitors in the pursuit of Artificial General Intelligence (AGI) during an interview. Krishna estimates that the current cost of building a 1-gigawatt data center is about $80 billion; if the entire industry deploys 100 gigawatts of computing power to achieve AGI, total capital expenditures could reach $8 trillion. He pointed out that this means companies would need to generate $800 billion in profit just to cover interest, making it fundamentally impossible to achieve a return on investment from a business logic perspective.Additionally, Krishna believes that the probability of achieving AGI relying on currently known large language model (LLM) technology is extremely low (only 0% to 1%), unless there are fundamental technological breakthroughs in integrating knowledge with LLMs. Despite his pessimistic view on the short-term realization of AGI, he still acknowledges that generative AI will unleash trillions of dollars in productivity value for enterprises.

The cross-chain protocol Axelar Network released a statement regarding the recent security incident related to Secret Network, stating that there is a misunderstanding within the community about the event. Both Axelar and the Inter-Blockchain Communication Protocol (IBC) were not attacked or compromised. The affected token smart contracts were neither developed, deployed, nor maintained by Axelar, and Axelar's firewall mechanism also prevented the impact from spreading to other chains.It is reported that the exploited contract is a forked version based on CW20-ICS20, but the developers removed two core security checks, resulting in an "infinite minting" vulnerability. By deleting the verification mechanisms originally used to prevent such issues, this fork altered the original trust model of the contract and did not undergo a new security audit.Axelar Network explained that anyone can deploy contracts for cross-chain asset wrapping through IBC, and similar contracts have also been used to wrap tokens from other chains into Secret Network. However, the Secret side fork version in this incident has vulnerabilities due to the removal of key security checks. This incident is not a unique logical flaw, nor is it an issue with the IBC protocol itself, but rather a security risk introduced by modifications to third-party contracts.

SATA under Strive has raised funds in the first week after paying daily dividends, enough to purchase over 603 BTC.

According to SoSoValue data, yesterday (Eastern Time June 18) the total net outflow of Bitcoin spot ETFs was $90.6566 million.The Bitcoin spot ETF with the highest net inflow yesterday was the Morgan Stanley ETF MSBT, with a net inflow of $10.4337 million. Currently, the historical total net inflow of MSBT has reached $301 million. The Bitcoin spot ETF with the highest net outflow yesterday was the Blackrock ETF IBIT, with a net outflow of $96.6552 million. Currently, the historical total net inflow of IBIT has reached $62.07 billion.As of the time of writing, the total net asset value of Bitcoin spot ETFs is $78.325 billion, and the ETF net asset ratio (the market value compared to the total market value of Bitcoin) is 6.19%. The historical cumulative net inflow has reached $53.398 billion.

According to Fortune, Theodore Gillibrand, the son of New York Senator Kirsten Gillibrand, has completed a $30 million financing round, with the company valued at approximately $300 million. They plan to launch a derivatives trading platform named American Perpetuals Exchange Corp. (APEC). The platform intends to apply for a license from the U.S. Commodity Futures Trading Commission and aims to list perpetual futures for stocks and stock indices, rather than perpetual contracts for cryptocurrencies.

Renaiss, a liquidity infrastructure for real-world collectibles, announced the completion of a $1.5 million seed round financing, led by YZi Labs, with participation from Gate Ventures, Hash Global, XIN Family, and Redline Labs. Angel investors come from Mask Network, Far East Group, Logoman, Hoopi, and Legit App.Built on the BNB Chain, Renaiss aims to connect third-party vaults, card shops, and custody nodes through Renaiss Vault OS, and uses Renaiss.XYZ as the application layer for users to access the on-chain collectibles market. It provides verifiable custody, standardized settlement, and on-chain liquidity for physical collectibles, eliminating friction in verification, custody, pricing, and cross-border transactions. Collectibles verified through custody can complete ownership transfers on-chain and circulate globally without trust and permission.The funds from this round will be used to expand the vault network, enhance product integration with the Renaiss SDK ecosystem, expand collectible categories, drive global market expansion, and support DeFi integration and AI Agent-related infrastructure development.It is reported that Renaiss has been selected for the third season of the YZi Labs incubation program EASY Residency and has won the 2025 Binance Blockchain Week Dubai Demo Night award, while ranking first in the RWA category on the BNB Chain. Since the Beta launch in November 2025, the Renaiss platform has achieved a turnover of over $20 million, with more than 260,000 users.

Hsiao-Wei Wang, the first Chinese Executive Director of the Ethereum Foundation, announced her resignation today. In the announcement, she stated, "I have decided to prioritize my personal life and future direction. Now is the right time to step back and I am still contemplating what my next steps should be." In response, Vitalik Buterin praised Hsiao-Wei Wang's contributions, stating that she has been a "steadfast contributor to the Ethereum ecosystem for the past decade" and expressed his "anticipation for her next adventures."On March 10, 2025, the Ethereum Foundation (EF) announced that Hsiao-Wei Wang (Chinese name: Wang Xiaowei) was promoted to board member, becoming the first Chinese leader to rise from the technical grassroots to the board in the seven years since EF's establishment.

The DeFi lending protocol Ionic Protocol announced on platform X that due to the ongoing impact of a security breach incident that occurred in 2025, the project has been forced to immediately cease all operations, and all users need to withdraw their assets from various deployments as soon as possible. Ionic Protocol added that this closure decision was "without choice," and relevant services have now entered the termination process.

According to Jinshi reports, the market has fully digested the possibility of the Federal Reserve raising interest rates by October.

According to Jinshi News, short-term interest rate futures currently indicate that the likelihood of the Federal Reserve raising interest rates in September is greater than the likelihood of maintaining rates.

Crypto KOL Ansem posted on platform X, stating that the market may significantly underestimate the upward elasticity brought by the supply-demand mismatch of SpaceX's circulating stock, and believes that the current consensus bearish sentiment may lead to more short squeezes. SpaceX has now become the top stock ranked by both trading volume and options trading, but the market has a shortsighted understanding of its business progress in diversification (including AI and other verticals), overly focusing on current revenue performance. This structural cognitive bias may drive the company to challenge the global market value ranking by the end of this year.However, Ansem cautioned investors that the share lock-up period for SpaceX in August may become a phase "local top" triggering factor.

Sharon AI announced the issuance of convertible senior notes to raise $700 million, with funds to support the computing agreement with NVIDIA.

Bitget officially launched the AI trading strategy workflow layer GetAgent Playbook, marking the first time the Agent Harness framework is available to users. Users can select, preview, configure, and launch AI trading strategies from the Agent Playbook strategy library without having to write prompts themselves, all running in an isolated sub-account with auditable operations and transparent processes. Currently, this feature is available to GetAgent Plus and Pro users.Bitget CEO Gracy Chen stated that AI trading is evolving from Q&A to workflows, with prompt configuration being the biggest source of complexity. The Playbook allows users to easily transform trading ideas into Agent runnable and adjustable strategies through a ready-to-use strategy library (Agent Playbook).As of now, Bitget's AI trading tools have attracted over 1 million users, with a cumulative trading volume exceeding $1.2 billion. The Agent Hub covers 9 major modules and 57 tools, supporting read-only mode, simulated trading environments, and Agent exclusive sub-accounts, completely isolating agent operational permissions from the main account, and integrating the entire business chain of spot trading, contracts, copy trading, and wealth management, while exclusively supporting trading of tokenized assets in the US stock market.

According to The Block, leaders of the U.S. Senate and House of Representatives jointly released an updated version of the "21st Century Housing Road Act," confirming that the two chambers have reached a bipartisan agreement. The core content of the bill focuses on housing affordability reform, including expanding housing supply and limiting market monopolies by corporate landlords. Notably, an additional clause in the bill explicitly prohibits the Federal Reserve from issuing or creating CBDCs and any "substantially similar" digital assets before December 31, 2030, a clause driven by House Republicans. The Trump administration has consistently held this position, with Treasury Secretary Mnuchin previously stating that CBDCs are "not under consideration." The bill will first undergo procedural voting in the Senate and is expected to be submitted to the House for review after Congress reconvenes, and then sent to the President for signing.

According to SoSoValue data, yesterday (Eastern Time June 16), the total net inflow of Bitcoin spot ETFs was $10.0643 million. The Bitcoin spot ETF with the highest single-day net inflow yesterday was Blackrock ETF IBIT, with a single-day net inflow of $16.3526 million, and the historical total net inflow of IBIT has reached $6.2197 billion.The second was Grayscale Bitcoin Trust ETF BTC, with a single-day net inflow of $4.3529 million, and the historical total net inflow of BTC has reached $2.313 billion. The Bitcoin spot ETF with the highest single-day net outflow yesterday was Grayscale ETF GBTC, with a single-day net outflow of $16.8051 million, and the historical total net outflow of GBTC has reached $26.992 billion.As of the time of publication, the total net asset value of Bitcoin spot ETFs is $82.062 billion, and the ETF net asset ratio (market value compared to total Bitcoin market value) is 6.22%, with a historical cumulative net inflow of $53.571 billion.

The cryptocurrency project World Liberty Financial, supported by the Trump family, is expected to receive approval from the Office of the Comptroller of the Currency (OCC) soon to operate as a national trust bank. Two unnamed former OCC employees revealed that the application is almost certain to be approved. World Liberty Financial established a U.S. trust company in January of this year and submitted an application to the OCC. Obtaining a federal trust bank charter will allow the project to issue and redeem its USD 1 stablecoin, manage reserves, provide digital asset custody, and offer conversion and settlement services under a single federal regulatory authority, without relying on third-party intermediaries. Currently, the project's intermediary is BitGo.

According to two informed sources, Binance's license application submitted in Greece is expected to be rejected by regulators, which may result in the loss of its eligibility to provide services to customers across the European Union. Reports indicate that if the license application is ultimately denied, Binance's compliance strategy in the EU market will face significant challenges. However, as of now, the relevant decision has not been officially announced.