Scan to download
BTC $63,683.14 +1.95%
ETH $1,725.67 +2.05%
BNB $587.17 +2.42%
XRP $1.13 +2.03%
SOL $71.58 +4.88%
TRX $0.3222 +0.65%
DOGE $0.0840 +2.46%
ADA $0.1631 +2.65%
BCH $200.28 +3.50%
LINK $7.96 +1.66%
HYPE $70.28 +5.51%
AAVE $74.30 +2.79%
SUI $0.7187 +1.34%
XLM $0.2158 -0.39%
ZEC $469.42 +5.38%
BTC $63,683.14 +1.95%
ETH $1,725.67 +2.05%
BNB $587.17 +2.42%
XRP $1.13 +2.03%
SOL $71.58 +4.88%
TRX $0.3222 +0.65%
DOGE $0.0840 +2.46%
ADA $0.1631 +2.65%
BCH $200.28 +3.50%
LINK $7.96 +1.66%
HYPE $70.28 +5.51%
AAVE $74.30 +2.79%
SUI $0.7187 +1.34%
XLM $0.2158 -0.39%
ZEC $469.42 +5.38%

mpl

The collectible RWA infrastructure protocol Renaiss has completed a $1.5 million seed round financing, led by YZi Labs

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.

OKX Star responds to VIP manager Yuki's departure: OKX has hundreds of former employees from BN

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.

Data: Bitcoin's June pullback triggered $8.6 billion in options becoming out of the money, with 80% of positions nearing expiration becoming ineffective or amplifying volatility

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.
app_icon
ChainCatcher Building the Web3 world with innovations.