mpl

Tether CEO Paolo Ardoino announced that the Bitcoin mining development kit has been upgraded to version 0.2.0 and achieved its first complete end-to-end open-source operation. The latest version supports the full open-source deployment and operation of the entire Bitcoin mining machine development stack, and can display real-time mining power output data. Developers can directly launch the system and observe the real-time generation of actual mining power on the interface. Its goal is to build a foundational technology framework that connects intelligent systems with physical infrastructure.

According to the Financial Times, informed sources revealed that JPMorgan Chase has stopped its Hong Kong employees from accessing Anthropic's AI models. Currently, the bank's Hong Kong employees can no longer call models like Claude from the internally approved large language model dropdown list.It is reported that this decision is primarily based on the specific wording of the usage terms in the licensing agreement between JPMorgan Chase and Anthropic. According to the relevant terms, the usage scope of Anthropic's models excludes the Greater China region (including Hong Kong). Earlier this year, Goldman Sachs also implemented similar access restrictions for its Hong Kong employees based on a strict interpretation of these terms.Although international institutions previously could usually circumvent regional restrictions by signing global contracts and hosting data overseas, compliance actions among Wall Street banks are tightening as the U.S. government and regulatory agencies increasingly scrutinize the overseas use of AI technology. Anthropic has previously made it clear that its Claude model has never been officially "supported" in Hong Kong.

ChainCatcher, regarding the incident of OKX employees leaving to join Binance, OKX founder Star tweeted that over the past few years, many excellent OKX colleagues have joined other companies in the industry, including Yuki. We are proud of them for gaining recognition and favor from competitors, and we sincerely wish them success in their future development.OKX has hundreds of former employees from BN, including regional CEOs, product leaders, technical leaders, and many outstanding business and functional colleagues. They have brought valuable experience, perspectives, and input to OKX and have made significant contributions to the company's development. More importantly, they have deeply integrated with the OKX team and become part of OKX's culture and success. We have never treated this matter as marketing material to hype up.Talent mobility within the industry is a normal phenomenon and a sign of industry maturity. What truly matters is not where people come from, but whether they can continuously create value. Of course, for the very few who violate laws, business integrity, and professional ethics, we will take resolute measures and legally protect the company's legitimate rights and interests."A company that constantly talks about its vision, where the founder even in writing a book does not forget to heavily belittle former employees including the former CFO and former Asia head, is often the one with the least vision," Star said.Previously, according to RootData, former VIP account manager of OKX Yuki left to join Binance as a key account manager, sparking discussions among many crypto KOLs such as KuaiDong.

According to the official announcement, Galaxy Ventures has announced the lead investment of $15 million in the Series A funding round for the high-end credit card startup Karta. This funding is part of Karta's total fundraising plan of $140 million, which also includes a $125 million credit line provided by Community Investment Management (CIM).It is reported that Karta is dedicated to providing high-quality credit card products issued in the United States for high-net-worth (HNW) individuals globally. The platform combines stablecoin infrastructure with artificial intelligence technology, breaking the reliance on traditional FICO scores. By collaborating with over 80 large private banks and brokerages worldwide (such as Raymond James, Itau, etc.), it offers unsecured credit underwriting based on users' verified assets at these institutions. Additionally, the credit card provides zero foreign exchange fees and a 24/7 AI-native concierge service based on WhatsApp.Data shows that Karta's revenue and payment transaction volume achieved over tenfold growth in 2025 and continued to record a fourfold quarter-on-quarter growth in the first quarter of 2026.

Against the backdrop of the gradual implementation of the EU's Markets in Crypto-Assets Regulation (MiCA), Binance's compliance path in the European market remains uncertain. Whether it can continue to serve EU users in the future may depend on the approval progress of French regulatory authorities.After Greek regulators rejected the relevant authorization application, the French Financial Markets Authority (AMF) is seen as a potential key regulatory entry point. However, Binance has not yet formally submitted a complete MiCA license application and is still in the communication phase with multiple national regulatory authorities.Under the MiCA "single license" mechanism, once authorized by any member state, it can cover the EU's 27-country market. Therefore, the approval results from a single country have a decisive impact on the platform's regional business. The EU regulatory authorities maintain a highly cautious attitude towards the compliance risks of large trading platforms, anti-money laundering mechanisms, and systemic financial risks. The progress of relevant approvals will directly affect the reshaping of the European crypto trading landscape.

According to Jinshi reports, the Federal Reserve has lowered its GDP growth and unemployment rate forecasts for this year, significantly raised the PCE and core PCE inflation expectations for this year and next, and also raised the federal funds rate expectations for the next three years.

According to Jinshi reports, the chart in the Federal Reserve's economic outlook shows that most FOMC participants believe there is a high level of uncertainty regarding the unemployment rate, with risks roughly balanced. Compared to the predictions in March, the current majority of participants believe the uncertainty is high, with risks tilted to the upside.

Receipts Depositary Corporation (RDC) has completed a new round of financing of $7 million, led by LiveOak Ventures, with participation from Hivemind Capital, Onigiri Capital, OTC Markets Group, GTS, and Redbeard Ventures. The new funds are intended to accelerate the development of digital asset depositary receipt products and provide compliant securitized products and infrastructure services covering multiple asset classes for U.S. investors.

On-chain digital advertising startup EarnOS announced the completion of a $6 million Pre-A round of financing, led by 1kx, with participation from Coinbase Ventures, Circle Ventures, and Social Graph Ventures. In addition, EarnOS also received a four-year, $12.5 million non-dilutive strategic investment from Verona (formerly XION) to support application validation, user access, and reward distribution systems. The company also announced a rebranding and stated that its L1 network will provide underlying support for EarnOS, aimed at large-scale user authentication and task incentive mechanisms.

Wintermute announced that it has completed its first OTC options trade for SpaceX (SPCX).

Stablecoin payment infrastructure company Trace Finance has completed a $32 million Series A financing round, led by CoinFund, with participation from Coinbase Ventures, Haun Ventures, Jump Capital, Paxos, Chainlink Labs, HOF Capital, and others. Bernardo Brites, co-founder and CEO of Trace Finance, stated that the company's valuation has increased approximately tenfold since the seed round in 2022, but did not disclose the specific valuation.Trace Finance is headquartered in Brazil and primarily provides stablecoin cross-border payment infrastructure, integrating local banking channels, foreign exchange, compliance, and stablecoin settlement capabilities. The company currently holds licenses in the United States and Brazil and operates through partner banks in Mexico, Colombia, Europe, and Asia. Trace Finance plans to expand its operations in Mexico, Colombia, and Argentina, followed by entry into the Singapore, Hong Kong, Japan, South Korea, and Southeast Asia markets. Brites also mentioned that the company will continue to apply for additional licenses in Singapore, the United States, and the Asia-Pacific region in the future.

According to Barron's, the prediction market platform Kalshi announced a partnership with compliance service provider StarCompliance to provide financial institutions with real-time monitoring of employee prediction market trading. Under the partnership arrangement, institutions using the StarCompliance system can require employees to link their Kalshi accounts to monitor trading behavior and identify suspicious activities.This move aims to address financial institutions' compliance concerns regarding employees potentially using material non-public information to participate in prediction market trading, while also enhancing Kalshi's credibility among institutional clients such as banks and hedge funds. Reports indicate that the two parties may also expand to stricter compliance measures such as pre-trade approval in the future.

Market data platform Deribit shows that as Bitcoin continues to decline in June, the options market set to expire this month has experienced a significant imbalance, with approximately $8.6 billion nominal value of BTC options in an out-of-the-money (OTM) state, facing the risk of expiring worthless.Data indicates that among the approximately $10.6 billion in open options contracts expiring on June 26, only about 20% are in-the-money (ITM), while the remaining 80% are currently at a loss. Analysts point out that this structural imbalance may trigger concentrated hedging adjustments by market makers and traders before expiration, thereby amplifying short-term market volatility.The current maximum pain price is approximately $74,000, which is about 14% higher than Bitcoin's current price of around $65,000. Theoretically, this price level means that the maximum number of options contracts will expire worthless, potentially creating an upward pull on prices as expiration approaches, although the effectiveness of this mechanism in the crypto market remains controversial.Additionally, the bullish and bearish structures in the options market are relatively close, with a Put/Call ratio of about 0.87, indicating increased divergence in market sentiment. Approximately $450 million in positions are concentrated in $60,000 put options, while $80,000 call options also form a key resistance level of about $406 million.Analysts believe that as the quarterly expiration approaches, concentrated exercising and hedging adjustments may become important driving factors for short-term price volatility, and Bitcoin may face a more intense directional choice window.

As the final deadline for the European MiCA regulatory transition period approaches, BitGo, regulated by Germany's BaFin, announced that its Crypto-as-a-Service platform provides a more convenient MiCA compliance pathway for European crypto businesses, eliminating the need to build an independent compliance operation from scratch. Companies only need to connect their existing wallets to the BitGo wallet system and complete KYC work that meets MiCA requirements, allowing customer assets to be stored in compliant segregated custody accounts. Meanwhile, companies can still apply for their own CASP license in parallel.In terms of costs, BitGo CEO Mike Belshe stated that the fees are relatively low, with a minimum monthly fee of around several thousand dollars, and two options for billing: based on transaction volume or a fixed rate. According to legal firm Hogan Lovells, as of May 2026, there will only be 194 authorized CASPs in Europe, and it is expected that about 75% of the pre-registered crypto businesses under MiCA will lose their registration eligibility after the transition period ends.

According to The Block, State Street Bank has launched the State Street Stablecoin Reserves Money Market Fund (SSCXX), providing reserve asset management tools for stablecoin issuers. This fund is a Rule 2a-7 government money market fund, primarily investing in cash, short-term U.S. Treasury securities, repurchase agreements, and other cash equivalents, aiming to achieve principal preservation, daily liquidity, and a stable $1 share net asset value.The report states that the product has received initial investment support from State Street Bank and Anchorage Digital and has been explicitly designed to comply with the regulatory requirements of the GENIUS Act. This move continues State Street Bank's strategy in the field of digital assets and tokenized cash management, having previously launched the on-chain liquidity product SWEEP for stablecoin scenarios and launched the digital asset platform DAP.

According to the official announcement, Gate has completed the distribution of dividends for GOOGL (Class A common stock) and GOOG (Class C capital stock) under Google (Alphabet). The dividend standard is $0.22 per share, and the system has automatically distributed it in USDT to accounts based on users' holdings. Users who held GOOGL and GOOG stocks during the snapshot period can visit the transaction history page to check the status of their deposits.

Rick Rieder, Chief Investment Officer of Global Fixed Income at BlackRock, stated that after the U.S. and Iran reached a peace arrangement, approximately $8 trillion to $9 trillion in funds sitting in money market funds are accelerating their return to risk assets, and he mentioned that this process could have an "explosive" effect. Driven by the return of funds, U.S. stocks and U.S. bonds rose simultaneously on Monday, while oil prices fell due to expectations of a reopening of the Strait of Hormuz.Rieder believes that current liquidity is spreading from low-risk instruments to a broader range of assets, and he expects that the new Federal Reserve Chairman Kevin Warsh may pay more attention to balance sheet and money supply management, rather than solely relying on short-term interest rate tools. Meanwhile, the derivatives market is set to face a busy event window. Due to the June holiday market closure, this week's "Triple Witching" has been moved up to Thursday, combined with the quarterly rebalancing of the S&P 500, increasing volatility risk in U.S. stocks. Additionally, options related to SpaceX are expected to begin trading on Tuesday. Market participants believe that driven by retail investor funds, related contracts may heat up quickly, potentially leading to a "gamma squeeze" triggered by concentrated buying of call options.Brent Kochuba, founder of SpotGamma, warned that against the backdrop of a continuous rise in U.S. stocks since April, the pressure on market makers to hedge is accumulating. If Warsh releases signals that exceed expectations during his first press conference, the market has almost no buffer space to absorb the shock. The quarterly adjustments to the S&P 500 index will also take effect after the close on Thursday, with Marvell Technology (MRVL) and Flex (FLEX) being added to the index, while Pool (POOL) and Campbell's (CPB) will be removed.

According to The Information, DeepSeek has completed a record financing of over $7 billion, valuing the company at over $50 billion in this round of financing.In terms of funding sources, founder Liang Wenfeng personally invested 20 billion yuan, Tencent invested 10 billion yuan, CATL invested 5 billion yuan, and JD.com, NetEase, and IDG Capital each invested 3 billion yuan. The only exception is the National Artificial Intelligence Industry Investment Fund of China, which directly invested 1 billion yuan in DeepSeek, not only holding voting rights but also not subject to a 5-year lock-up period. Aside from the national-level fund, external investors have no voting rights and can only access specific financial information and enjoy priority investment rights in subsequent financing.The new round of financing marks a significant shift in DeepSeek's operating model. Since its establishment in 2023, DeepSeek, as the AI team under Huansquare Quantitative, has relied on its own funds for operation and has maintained research independence due to a lack of commercialization pressure. However, under pressure from funding and talent retention, Liang Wenfeng and the team initiated financing in April and conducted strict due diligence on the limited partners behind the investors to prevent equity from falling into the hands of unknown investors.