Several local brokers in Hong Kong have completed the upgrade of License No. 1, and more institutions may enter the market in the future.

Multiple Hong Kong brokerages have completed the upgrade of their virtual asset licenses, and more Chinese brokerages may participate in the future. Brokerages provide compliance coin trading services through licensed exchanges, focusing on compliance requirements, and prohibit mainland residents from participating.
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Historic Volume Surge Propels FunFair-But Is $0.0300 a Stretch Target?Tags: FunFair, FUN, Cryptoc...

FunFair surges 200%, breaking $0.0100 with parabolic momentum; higher highs signal potential for continued upside.
Volume triples as FunFair rallies, suggesting strong conviction behind the move, though traders eye $0.0120 and risk of pullbacks.
As FunFair hammers its 2021 levels, market
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Monad Foundry concludes: Focusing on practicality, finding product-market fit, breaking boundaries and delivery speed are the keys to success.

Written by: Shenchao TechFlow
Recently, the market's attention has shifted towards US stocks, Circle, and the absorption of stablecoins, leading to fewer news about projects focusing on ecological development. As one of the most anticipated mainnet launches in the crypto industry for 2025, the Monad Foundation's Foundry "NYC 2.2" event, which just concluded in New York, has sparked discussions among many entrepreneurs still dedicated to building on social media platforms. Many participants expressed that:
Monad Foundry "NYC 2.2" is top-notch in providing feedback for early founders.
As a leading parallel EVM, Monad aims to improve and enhance the execution efficiency of EVM on Layer 1 networks through parallel processing, thereby releasing the potential of the EVM ecosystem. Foundry "NYC 2.2" serves as the Monad Foundation.
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80% XRP Holders in Profit as Funding Rate Turns Positive

XRP shows strength with over 80% of its supply profitable, indicating most holders are not panic selling. Positive funding rates and high open interest reflect optimism in the market. The long/short ratio is 3.10, showcasing a strong bullish sentiment among traders.
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Russia Sets Digital Ruble Deadline for Mass Adoption by Major Banks and Retailers

Russia is fast-tracking a nationwide digital currency revolution, mandating banks and major retailers to adopt the digital ruble in a sweeping payments system overhaul.
Digital Ruble Rollout Accelerates With Mandatory Integration Deadlines
A sweeping overhaul of Russia’s retail payments sector is
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Big Short? The Federal Housing Finance Agency of the United States has listed Crypto Assets as risk collateral for mortgages.

The Federal Housing Finance Agency ( FHFA ) has instructed Fannie Mae and Freddie Mac to consider Crypto Assets as reserve assets. This directive is effective immediately and has a positive impact on the ability of Crypto Assets holders to qualify for mortgages. However, the high Fluctuation of Crypto Assets also raises questions about risk assessment, posing potential challenges for the mortgage market in the future.
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Code on Fire: 5 Leading Chains Record Up to 40% More Commits and a 30% Rise in Dev Engagement

Sui and Injective lead in development activity, both surpassing 35% commit growth in the past week.
ICP and Astar focused heavily on backend and interoperability improvements, aligning with their long-term technical roadmaps.
Cardano and Arbitrum maintained consistent engagement, prioritizing
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Trump Coin: Could the Ceasefire Between Iran and Israel Be a Catalyst for a 10-Fold Rise?

With the recent price fluctuations closely tied to the developments in the Iran-Israel conflict, a lasting peace could mark a turning point for the price forecast of TRUMP in the near future.
Although Iran has accepted the terms of the United States regarding a complete ceasefire with Israel during the negotiations.
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Encryption mom Hester Peirce: Bitcoin ETF physical redemption mechanism "is already under review process"

The SEC ( announced on April 14 that it would postpone a series of proposals related to staking and physical redemption for Crypto Assets ETFs. Now, at the "2025 Bitcoin Policy Summit" ) held in Washington D.C. on June 25, SEC Commissioner Hester Peirce, nicknamed "Crypto Mom," stated that this matter is currently under "review."
The SEC approved the Bitcoin ETF last year, but it can only be "cash redeemed."
The SEC approved the first batch of spot Bitcoin ETFs for listing on January 11 of last year. However, at that time, it was stipulated that all subscriptions and redemptions could only be conducted in "cash". This means that large institutional players like BlackRock ( must first convert their stored
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U.S. listed companies are flocking to "buy coins"; what is the effect of the second growth curve?

Original author: Fairy, ChainCatcher
Original editor: TB, ChainCatcher
"Buying coins" has become a cheap and fast method for market capitalization boosting in the stock market.
The "shanzhai season" in the US stock market is booming, with the main business of listed companies becoming a backdrop, while digital assets have turned into a new engine for market capitalization.
But the problem is becoming increasingly acute: will the market really keep paying for this valuation game under the guise of borrowing coins?
Valuation Logic: How Does Buying Coins Affect Corporate Value?
"Buying coins" is like an experiment in valuation shifts woven from emotions, liquidity, and narratives.
In traditional valuation frameworks, a company's market value derives from a comprehensive pricing of core variables such as its profitability, capital structure, growth potential, and free cash flow. However, in this wave of "buying coins," companies have leveraged the market's revaluation of their worth through the "financial allocation" behavior of holding crypto assets.
When enterprises use Bitcoin
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Elderly Widow Loses $281K in Crypto ATM Scam Sting Revealed

A widow loses her life savings due to a cryptocurrency ATM scam, manipulated by deceitful scammers posing as law enforcement. The incident highlights vulnerabilities in the crypto space, calling for increased public awareness and regulatory measures to prevent such exploitation.
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Tether CEO: The Blackrock Neurotech we invested in has surpassed Musk's Neuralink, aiming to create an Open Source brain operating system.

The CEO of Tether, the issuer of the USDT stablecoin, Paolo Ardoino, stated that the brain-computer interface (BCI) company Blackrock Neurotech, in which Tether has invested, is "leading" over Elon Musk's Neuralink, and expressed hopes that BCI will become as widespread as smartphones in the future. (Background: Musk: The first user of the Neuralink brain-computer interface is "almost fully recovered" and can control the mouse cursor with thoughts.) (Supplementary background: Musk announced that the brain implant surgery for Neuralink was successful! The first patient has recovered well.) According to The Block, Tether CEO Paolo Ardoino stated that the brain-computer interface (B
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