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According to Bloomberg, Naveen Mallela, the global co-head of JPMorgan's blockchain division Kinexys, has left the company. Meanwhile, the bank is accelerating its expansion into digital asset payment services. Mallela took on the role in 2024 and had been with the bank for over ten years.A JPMorgan spokesperson confirmed that Mallela has left and stated that a successor will be appointed soon.

According to Arkham data, between 05:50 and 05:51, Ax6Yh73Y5exFQXepUcTdbvEErbzgRjun2xPBiJyDAQXU received four large SOL transfers, totaling 123,294.56 SOL (worth approximately $157 million), from different anonymous addresses.At 05:50, 35,572.93 SOL (worth approximately $45.26 million) was transferred in from an anonymous address (starting with HFjZJvFc...).At 05:51, 36,788.98 SOL (worth approximately $46.81 million) was transferred in from an anonymous address (starting with RwHPRhgB...).At 05:51, 28,831.6 SOL (worth approximately $36.68 million) was transferred in from an anonymous address (starting with 5x5JxYhc...).At 05:51, 22,101.04 SOL (worth approximately $28.12 million) was transferred in from an anonymous address (starting with 5LNbAiJc...).

According to Techinasia, Singapore's cryptocurrency financial services platform Veera has completed a total of $10 million in seed pre-round and seed round financing.The investors in this round include Sigma Capital, CMCC Titan Fund, 6th Man Ventures, and Ayon Capital. Veera stated that the funds will be used for product development and to expand its on-chain financial services.

ChainCatcher news, according to official information, Reveel has announced the REVA tokenomics, with a total supply of 1 billion tokens, of which 37% is allocated to the community, 25% to investors, 22% to the company fund, and 16% to the team and advisors. The initial circulating supply is approximately 150 million tokens, adopting a fixed supply model and planning to achieve deflation through buybacks supported by dynamic revenue.The buyback mechanism stipulates that initially 75% of net income will be used for market buybacks of tokens, decreasing by 5% each cycle, but the absolute amount must continue to increase, with a minimum buyback ratio of 25%.

ChainCatcher news, according to the official announcement, Binance Wallet will launch the Reveel (REVA) Pre-TGE and Booster events on August 14, 2025, at 19:00.Pre-TGE Event: Eligible users can subscribe to the REVA token before it is officially tradable.Booster Event: By completing phased tasks and providing support in the early stages of the project, participants can share an additional airdrop reward of 40,000,000 REVA.In the Pre-TGE event, users can subscribe to Reveel's REVA token within the Binance Wallet. This subscription will adopt an oversubscription model, allowing each user to deposit a maximum of 3 BNB. The token allocation will be calculated based on the proportion of BNB deposited by all participants. After the subscription ends, users can claim their allocated REVA tokens on the "Assets" page, and any unused BNB will be automatically refunded.

ChainCatcher message, according to on-chain analyst @ai_9684xtpa monitoring, Twitter user Vee withdrew $1.9 million in BAKE and CAKE from Binance 8 hours ago, with an unrealized profit of approximately $642,000.

ChainCatcher message, the Web3 revenue sharing protocol Reveel, which is backed by Binance Labs, has launched an airdrop points event and has gifted 48,000 points to its Alpha community. The purpose of the points will be revealed in a major announcement in the coming weeks.It is reported that Reveel is a platform for Web3 creators to track their portfolios, automate revenue sharing, and report on-chain income. It was selected for Binance Labs' fourth incubation program in May 2022 and was founded by Swiss reggae musician and producer Adrien Stern.According to the crypto data platform RootData, on September 5, 2022, Reveel completed a $1.3 million Pre-Seed funding round, with investments from Binance Labs, Moment Ventures, and others.

ChainCatcher news, the Web3 creator revenue sharing protocol Reveel will launch a new product ecosystem in the coming weeks, including the already launched Reveel V2 and the upcoming Numo and R3VL SDK V2, with R3VL SDK V2 being provided to developers to support them in adding gas-free payments to their DApps in just a few minutes using Reveel's payment infrastructure.

Chain Catcher news, the Web3 revenue sharing protocol Reveel announced that it has raised $1.3 million in a Pre-seed round, with investments from Binance Labs, Moment Ventures, and others. The new capital will be used for employee growth and product development.Reveel was founded by Swiss reggae musician and producer Adrien Stern, aiming to automate revenue sharing and provide developers with an on-chain revenue reporting platform, a complete financial stack for Web3 collaboration. Previously reported, Reveel was shortlisted for Binance Labs' 4th season incubation program in May this year. (Insider)