News linked to this event type.
Odaily报道: Satori Finance, a multi-chain decentralized exchange backed by investors including Polychain Capital and Coinbase Ventures, has announced it will cease operations and begin the closure process. The platform stated that due to "prolonged unfavorable market conditions," its revenue is insufficient to support continued operations, leading to the decision to gradually wind down. Users must withdraw their assets before 23:59 UTC on July 16, after which the platform will no longer be accessible.In 2022, Satori Finance completed a $10 million seed funding round led by Polychain Capital, with participation from Coinbase Ventures and Jump Crypto. The platform was deployed across multiple networks including Arbitrum, Optimism, and BNB Chain, and initially featured 25x leverage and an "points mining" incentive model. (The Block)
EarnOS, a blockchain-based digital advertising startup, has announced the completion of a $6 million Pre-A funding round, led by 1kx with participation from Coinbase Ventures, Circle Ventures, and Social Graph Ventures. Additionally, EarnOS has secured a four-year, $12.5 million non-dilutive strategic investment from Verona (formerly XION) to support application verification, user onboarding, and reward distribution systems. The company also announced a brand restructuring, noting that its L1 network will provide underlying support for EarnOS, enabling large-scale user authentication and task incentive mechanisms. (The Block)
Decentralized reinsurance protocol Re announced that its on-chain reinsurance capital market, Re, has secured a strategic investment from Coinbase Ventures.
Odaily Odaily News Rodney "Bitcoin Rodney" Burton, a resident of Miami, Florida, has pleaded guilty in federal court to participating in a cryptocurrency fraud scheme related to HyperFund, which involved approximately $1.8 billion.According to federal prosecutors in Maryland, Burton admitted to "conspiracy to operate an unlicensed money transmitting business." He participated in promoting this Ponzi-structured project between June 2020 and January 2022, profiting approximately $7.85 million.Law enforcement authorities indicated that HyperFund attracted investors with promises of high returns of "0.5% to 1% daily," but there was no actual cryptocurrency mining or sustainable source of revenue. The funds essentially came from new investors, representing a typical Ponzi scheme structure. The platform began restricting withdrawals in 2021.The U.S. Department of Justice stated that the project raised funds from investors worldwide and was used for promotion and fund transfers during its operation, constituting a large-scale跨境 wire fraud network.Burton faces a maximum of 5 years in federal prison, with sentencing scheduled for July 23. Law enforcement agencies stated that the case was jointly investigated by the IRS Criminal Investigation Division and Homeland Security Investigations. (U.S. Department of Justice)
stablecoin payment infrastructure company Trace Finance has completed a $32 million Series A funding round, led by CoinFund with participation from Coinbase Ventures and others. Trace Finance plans to use this round of financing to expand its business in Latin America and the Asia-Pacific region and to advance more license applications. The company stated that it has processed over $10 billion in institutional cross-border transaction volume. (The Block)
Sharon AI has announced the issuance of convertible senior notes to raise $700 million, with the proceeds intended to support its computing agreement with NVIDIA.
: AI-powered financial compliance infrastructure Flagright announced the completion of a $12.5 million Series A funding round, led by Infinity Ventures, with participation from Y Combinator, Sella Direct Ventures, and existing investor Frontline. The proceeds will be used to drive its expansion in the "explainable AI compliance" scenario, accelerate its market presence in the United States, and strengthen its position as an enterprise-grade standard in the field of financial crime compliance. Flagright stated that financial crime compliance is entering a phase of platform transformation. Banks, payment firms, lending institutions, and brokerages are facing higher transaction volumes, stricter regulations, and more sophisticated financial crime methods, while traditional compliance systems can no longer meet current demands. (PRNewswire)
Odaily Seer Channel monitoring shows that the probability on Polymarket for "Will Anthropic's valuation reach $1.1 trillion before June 30" has risen to 67%, up 30% in 24 hours.This event will be settled based on Anthropic's private market valuation data released by Nasdaq Private Market (NPM). If Anthropic's NPM Price reaches or exceeds the specified amount between the market creation and June 30, 2026, the event will be settled as "Yes"; otherwise, it will be settled as "No".Anthropic's latest funding round was completed on May 28, achieving a post-money valuation of $965 billion after its $65 billion Series H round, just one step away from common short-term thresholds like $1 trillion. With this prediction market set to settle on June 30, traders are monitoring secondary market liquidity and whether any new primary financing or tender offer activity could push its implied valuation higher within the remaining window. Recent estimates show Anthropic's annualized revenue run rate is approaching $47 billion, continuing to support investor demand. However, no new funding announcements have emerged since late May, and IPO preparations remain longer-term.Odaily Seer Channel continues to follow prediction markets, seeing changes before pricing.
According to The Wall Street Journal, Xiaohongshu, a Chinese lifestyle and video-sharing platform, plans to list in Hong Kong as early as the end of this year. Its major investors are seeking a valuation of over $70 billion, following recent private secondary-market transactions in which the company’s valuation exceeded $50 billion.
Adeniyi Abiodun, co-founder of Mysten Labs—the development team behind Sui—shared Sui’s future roadmap in a recent post. According to the article, Sui’s long-term goal is to build foundational blockchain infrastructure capable of supporting global value flow over the next decade—enabling efficient payments, financial asset transfers, and transactions between machines and AI agents—all on a single network. The team emphasized that this vision stems from its core principle: “making value flow as freely as information.” Sui will continuously iterate its underlying architecture and protocol design to realize this objective. Technically, Sui leverages an object-centric model, horizontally scalable architecture, and native parallel execution to achieve high throughput, low latency, and composability within a single network—while also facilitating the onboarding of stablecoins, real-world assets, and institutional-grade financial products. Additionally, the project introduces privacy-preserving transactions, gasless transfers, and yield-bearing asset mechanisms to reduce usage costs and enhance financial accessibility. The article states that the future financial system will progressively migrate onto public-chain infrastructure—from individual payments to institutional capital markets—achieving full digitization and further extending into AI-driven automated transaction scenarios. The team describes its mission as building a unified global value network, evolving fund flows toward an instant, low-cost, “messaging-style” paradigm.
Saudi Al Arabiya TV has published the terms of the 14-point memorandum of understanding between Iran and the US, providing more details than the version released by Iran's Mehr News Agency:1. Iran and the US, along with its allies in the current war, declare an immediate and permanent end to the war on all fronts, including Lebanon, upon the signing of this memorandum of understanding. They commit to refraining from any hostile actions against each other from now on, and to not threaten or use force against one another. The final agreement will confirm the provisions of this article and other clauses.(Permanent and immediate cessation of war on all fronts, including Lebanon.)2. Iran and the US commit to respecting each other's sovereignty and territorial integrity, and commit to non-interference in each other's internal affairs.(The US commits to non-interference in Iran's internal affairs and respects Iran's sovereignty.)3. Iran and the US commit to negotiating and reaching a final agreement within a maximum period of 60 days, which can be extended by mutual consent.(This clause is not included in the version released by Iranian media.)4. Upon the signing of this memorandum, the US will immediately lift the maritime blockade against Iran, preventing any interference or obstruction, and will restore Iran's full shipping capacity within a maximum of 30 days; the volume of vessel traffic should be proportional to pre-war levels. The US also commits to withdrawing its forces from the surrounding region within 30 days of the final agreement being reached.(Complete lifting of the maritime blockade against Iran within 30 days.)(The US commits to withdrawing its forces from around Iran.)5. Upon signing this memorandum, Iran will immediately take measures to ensure the resumption of commercial shipping from the Persian Gulf to the Sea of Oman to pre-war levels within 30 days, while taking into account Iran's need to clear technical obstacles and neutralize naval mines.(Under Iran's arrangement, the Strait of Hormuz will be reopened within 30 days.)6. The US will work with regional partners to develop a comprehensive plan, agreed upon by both parties, for the reconstruction and development of Iran, ensuring the provision of at least $300 billion in financial support. The implementation mechanism for this plan will be established within 60 days within the framework of the final agreement.(The US and its allies must provide Iran with a reconstruction plan worth at least $300 billion.)7. The US commits to terminating all types of sanctions currently in effect against Iran, including those from UN Security Council resolutions, International Atomic Energy Agency (IAEA) Board of Governors resolutions, and all primary and secondary sanctions unilaterally imposed by the US, within a timeframe agreed upon in the final agreement.(Reach a final agreement on the nuclear issue within 60 days, and fully lift all major and secondary US sanctions against Iran, as well as
According to Bloomberg, African fintech company Flutterwave has sold a stake in the company to blockchain firm Ripple, valuing the company at $3.3 billion post-transaction.
According to a report by the Star Market Daily, multiple investment institutions have confirmed that DeepSeek’s Series A funding round has likely been finalized. Founder Liang Wenfeng personally contributed approximately RMB 20 billion, making him the largest single investor in this round; Tencent contributed approximately RMB 10 billion; the CATL ecosystem—including CATL and Puquan Capital—contributed approximately RMB 5 billion; NetEase, JD.com, Monolith Lisi Capital, and IDG Capital each contributed approximately RMB 3 billion; Zhengxin Valley Investment and Shixiang Technology each contributed approximately RMB 1.5 billion.
CryptoQuant analyst Axel Adler Jr. stated that Bitcoin may have entered a new accumulation zone, but the potential structural bottom for this cycle remains around $48,000. Currently, Bitcoin’s post-adjustment seller risk ratio indicator shows that unprofitable supply is beginning to surpass profitable supply, and unrealized pressure on holders is rising significantly. Meanwhile, the Cumulative Value Destroyed Days (CVDD) valuation model indicates that Bitcoin’s structural bottom for this cycle is approximately $48,000.
: Citrini analyst jukan posted on platform X, stating that according to Korean media reports, the listing process for SK Hynix ADR has entered its final stage, pending only SEC approval. Citing informed sources, Korean media reported that the ADR listing is currently expected to take place after mid-July, rather than early August. The final issuance size is anticipated to account for approximately 2.5% of SK Hynix's outstanding shares. Based on current valuations, the underlying equity value corresponding to the ADR issuance could reach up to $27 billion. As the transaction may be entirely structured as a new share issuance, it is expected to generate substantial cash inflows for the company.
According to Bitcoin.com, the Dubai Virtual Assets Regulatory Authority (VARA) recently released an updated Anti-Money Laundering (AML) regulatory guidance, requiring cryptocurrency firms operating in Dubai to integrate FATF high-risk and blacklist country data into their risk-scoring models in real time—replacing the previous static compliance tracking mechanism. Under the new rules, firms must update their risk assessments at least once every three months, and immediately upon any material change to their operational structure or product offerings. Additionally, proliferation financing risks and targeted financial sanctions risks must be assessed separately and may not be broadly conflated with AML compliance. Firms are also required to formally document risks arising from AI-assisted operations and privacy-enhancing exchanges. VARA stated that compliance officers, senior management, and board members bear full responsibility for their company’s residual risk rating, signaling a regulatory shift from post-hoc enforcement toward proactive, systemic risk management.
According to The Block, Susie Ward, CEO of Bitcoin Policy UK, publicly criticized Strategy founder Michael Saylor’s promotional video for STRC during an interview at last week’s BTC Conference in Prague, calling it “dishonest” for failing to accurately disclose the product’s risk profile. STRC is a perpetual preferred share offering an 11.25% dividend; Strategy raises funds through its issuance to continuously purchase bitcoin. Ward stated that although she is a staunch bitcoin supporter and also a shareholder of Strategy, she remains cautious about the company’s model of accumulating bitcoin via leverage and equity dilution—arguing that such practices tie bitcoin’s reputation to “fiat games,” with some projects resembling meme coin pump-and-dump schemes.
OdailyOdaily reported that after SpaceX was listed on Nasdaq last Friday at a valuation of over $1.7 trillion, trading volume surged for the SpaceX-related HIP-3 perpetual contract SPCX on Hyperliquid. Data shows that the xyz:SPCX trading pair reached a daily turnover of $1.4 billion, accounting for 30% of all HIP-3 trading volume that day.In comparison, during the three weeks before the SpaceX IPO, the average daily trading volume of xyz:SPCX was only about $26 million, indicating that the IPO event significantly amplified trading activity for on-chain equity-linked derivatives.Looking at the broader HIP-3 ecosystem, the cumulative turnover for equity-linked perpetual contracts in the first half of June has already exceeded $18.8 billion, significantly higher than the combined $7.66 billion for crude oil and Brent crude oil perpetual contracts.This suggests that as highly anticipated stocks like SpaceX enter the on-chain trading arena, platforms such as Hyperliquid are becoming key gateways for crypto users to gain exposure to traditional assets, with activity in equity perpetual contracts already surpassing that of some traditional commodity markets.
Odaily News, Susie Ward, CEO of Bitcoin Policy UK and a Bitcoin advocate, stated that although she is also a shareholder of Strategy, she is concerned about the way Michael Saylor promotes STRC, arguing that he has not fully explained the risks of the product.STRC is a perpetual preferred stock issued by Strategy, offering a dividend yield of 11.25%. Strategy raises funds by selling this type of preferred stock and uses the proceeds to continue purchasing Bitcoin, serving its long-term BTC accumulation strategy.Ward stated that when Saylor showcased STRC's returns in a related video, it gave the impression that it was “risk-free,” and she believes this expression is “dishonest.” She is particularly concerned that investors may underestimate the structural risks behind the model of using high-dividend preferred stock financing to purchase Bitcoin.
Standard Chartered Bank has initiated coverage on the decentralized exchange protocol Uniswap, predicting its UNI token could rise from its current price of approximately $2.70 to $100 by the end of 2030, representing a gain of nearly 40 times.Geoffrey Kendrick, Global Head of Digital Assets Research at Standard Chartered, stated that the next wave of wealth creation opportunities in the digital asset space may come from DeFi protocols. The core logic is that the scale of tokenized assets entering DeFi will grow significantly, thereby enhancing the trading asset base and fee potential for protocols like Uniswap.Standard Chartered estimates that tokenized assets on-chain will grow from approximately $340 billion today to $4 trillion by the end of 2028. Of this, the proportion flowing into DeFi is expected to rise from roughly 3.5% currently to 30% by the end of 2030. Combined with the growth of crypto-native assets, the total value locked in DeFi could reach approximately $2.7 trillion, an increase of about 37 times compared to today.Kendrick believes that if Uniswap can successfully commercialize and establish sufficient partnerships with traditional financial institutions, its valuation multiple relative to trading fees could improve, narrowing the gap with centralized exchanges like Coinbase.Standard Chartered's projected price path for UNI is: $6.50 by the end of 2026, $20 by the end of 2027, $40 by the end of 2028, $65 by the end of 2029, and $100 by the end of 2030. The bank also expects UNI to potentially outperform ETH and BTC during this period.