Saylor Says Strategy Holds 840,000 BTC as Reserves Top Debt by $48B
Michael Saylor said Strategy now holds 840,000 BTC, and its BTC and dollar reserves exceed debt by approximately $48 billion. He said Strategy held 130,000 BTC when Bitcoin traded near $20,000 in October 2022. Saylor said Strategy has raised over $60 billion since 2022 and added more than 716,000 BTC.
Namada Attack Sends 228,517 ATOM Through Cosmos Hub Address
Namada officially stated that the protocol encountered a vulnerability attack incident, and on-chain data showed about 228,517 ATOM reached a Cosmos Hub address on June 18. The address was subsequently drained within hours through IBC transfers and multiple outgoing transactions. Namada has not disclosed the vulnerability type, attack method, or specific loss scale.
BIT Research said Bitcoin lacks macro catalysts for a new rally as trading volume, stablecoin growth, and ETF inflows weaken. The research said Bitcoin may struggle to sustainably hold above $60,000.
U.S. Representative William Timmons announced a June 25 House subcommittee roundtable on digital assets and national security. The discussion will focus on property rights, economic sovereignty, national security, and U.S. digital finance competitiveness.
Fu Peng said Bitcoin holders are allocating funds into S&P 500 ETFs and AI-related funds. Fu Peng said pre-IPO perpetual futures trading volume rose from about $1 billion in early May to nearly $22 billion within a few weeks.
XRP would need to reach $3.22 at its current 62 billion coin supply for its market cap to hit $200 billion. XRP’s market cap has dipped to $72 billion, and XRP has support at $1.15–$1.18.
Sources said the Iranian delegation threatened to withdraw from negotiations if Israel continues attacks in Lebanon. The sources described Lebanon as the main contentious issue in the current talks.
An SEC filing states Musk exercised all rights under his 2018 Tesla CEO compensation plan and acquired 304 million shares. The paper gain is approximately $116 billion. The shares are locked until 2028, and Musk can sell them only after that.
OKX founder and CEO Star said OKX does not encourage employees to treat crypto trading or quick riches as a career vision. Star said OKX favors short-term cash incentives and long-term incentives.
William Timmons announced a June 25 roundtable on digital assets and cryptocurrencies. The discussion will focus on wealth protection, assistance access, economic sovereignty, and U.S. national security interests.
Satoshi Nakamoto Bitcoin Case Stays Under Review After Court Stay
Two anonymous Wyoming companies seek legal title to addresses holding approximately 39,069 long-dormant BTC. Judge Kathy King granted a hearing and stayed the case on June 4. Bitcoin lawyer Ian R. Cohen argued that dormancy does not equal abandonment and cited on-chain data showing some marked dormant addresses moved BTC during the case period.
Ahmed Gabr said a scammer posing as a Truist Bank employee convinced him to withdraw $15,000. Gabr said he handed the cash to someone presented as an FBI agent at a Walgreens, and the funds were never returned.
Cronje Leaves Sonic Board as S Token Nears Record Lows
Sonic Labs confirmed Andre Cronje, Michael Kong, and David Richardson resigned from its board as S trades about 91% below its January 2025 peak. Matt Visser becomes the second CEO in nine months, and DefiLlama shows TVL has dropped roughly 98% from a 2025 peak above $1.1 billion.
FERC Requires Grid Operators to Consider Faster Data Center Connections
FERC required regional grid operators to consider new agreements for large electricity users as U.S. data centers consume about 5% of electricity demand. Data Center Map data shows over 4,000 operational data centers in the U.S. Electric Power Research Institute statistics indicate that data center electricity demand could rise to approximately 20% by 2035.
Tencent customer service stated that WeChat Xiaowei is a native AI assistant in small-scale internal testing. Xiaowei supports WeChat functions through text or voice conversations, including settings changes, messages, and calls.
Malaysia Raises Civil Servant Shareholding Limit and Adds Digital Asset Rules
Malaysia raised the civil servant shareholding value limit to 300,000 ringgit and added digital assets to asset rules. The Malaysian Public Service Department circular also caps shareholdings at 5% of a company's paid-up capital, whichever is lower. The previous value limit was 100,000 ringgit. The rules emphasize transparency and accountability for civil servant investment activities.
a16z crypto data shows prediction market weekly trading volume reached $10.8 billion for the first time. The record was driven by events including the SpaceX IPO, the US-Iran peace agreement, the NBA Finals, and the World Cup.
a16z Crypto said weekly trading volume in prediction markets surpassed $10.8 billion for the first time. The firm said weekly volume was around $500 million a year ago and stayed below $1 billion during earlier high-activity periods.
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