Binance Alpha has launched DAOBase (BEE), with a current market value of 3.65 million US dollars and a fully circulating market value of 31 million US dollars.

June 18th, according to the report of the Korean Economic Daily, Lee Chang-yeong, the governor of the Bank of Korea, expressed a cautious attitude towards the introduction of a stablecoin linked to the Korean won. Lee Chang-yeong pointed out that although he does not oppose a Korean won stablecoin, factors such as the stability of the foreign exchange market and changes in the banking industry structure need to be considered. He is concerned that a Korean won stablecoin may increase the demand for US dollar stablecoins, posing difficulties for foreign exchange management.Lee Chang-yeong also emphasized that active stablecoin trading may shift payment settlement functions from the banking industry to the non-banking industry, affecting bank revenue structures and business models. The Bank of Korea has been conducting experiments and research on central bank digital currencies (CBDC), but the official issuance of stablecoins requires coordination with financial regulatory authorities.Lee Chang-yeong stated that he will coordinate policies with the Ministry of Finance, the Financial Services Commission, and other departments, comprehensively considering the positive functions and potential risks of stablecoins.

DeFi protocol BitVault has announced the completion of a $2 million pre-seed financing round, with investors including GSR, Gemini, Auros, and Keyrock. BitVault will launch the over-collateralized stablecoin bvUSD backed by Bitcoin derivatives and its yield-bearing variant sbvUSD. The protocol will be deployed on the new decentralized financial chain Katana incubated by Polygon Labs and GSR, leveraging Liquity V2's authorized fork to enable permissioned lending, user-set interest rates, and automatic liquidation infrastructure. BitVault plans to deploy on the Katana mainnet in June 2025 and is actively onboarding institutional borrowers.

on June 18th, according to the official announcement, Bitdeer announced its intention to privately issue $300 million in 2031 convertible preferred notes to qualified institutional investors, with a possible additional issuance of $45 million. The notes will be issued as general unsecured debt of the company, with interest paid semi-annually.At conversion, the company may choose to pay in cash, Class A common stock, or a combination of both. Some of the proceeds will be used to pay the cash consideration for zero-cost call options trading and simultaneous notes exchange transactions, with the remaining funds allocated to data center expansion, ASIC-based mining machine development and manufacturing, and working capital.

OKX-ETH/USDT is now at $2499.82, down 0.27% in the last 5 minutes.

according to the official announcement, the Spanish coffee chain company Vanadi Coffee SA increased its holding of 20 bitcoins, bringing its total holdings to 30 bitcoins.

according to the official announcement, Binance is expected to suspend the token deposit and withdrawal services of the IoTeX (IOTX) network at 08:28 on June 19, 2025 (UTC+8) to support its network upgrade and hard fork. This is aimed at providing users with a better experience. The project team will perform the network upgrade and hard fork at block height 36,893,881 (expected to be on June 19, 2025 at 09:28 UTC+8).

the 12th round of on-chain trading competition on Bitget is about to start. Users who buy AB and rank in the top 1500 in terms of trading volume will receive a reward of 7,500 AB airdropped, with a total prize pool of 11,250,000 AB. Users can click the "Join Now" button to sign up, and only on-chain trading orders after successful registration will be counted. The event will take place from June 18th 18:00:00 to June 23rd 18:00:00 (UTC+8).

the Central Financial Committee issued the "Opinions on Supporting the Accelerated Construction of the Shanghai International Financial Center", which proposed strengthening the construction of a unified financing credit service platform, supporting financial institutions to use technologies such as blockchain to develop supply chain finance. Services for the development of a multi-level, multi-pillar pension insurance system. Build a high-quality global financial technology center. Promote financial support for higher-quality integrated development of the Yangtze River Delta. (Xinhua News Agency)

on June 18, according to CoinDesk, Sam McIngvale, the product manager of OP Labs, said that within the next five years, every cryptocurrency exchange and fintech company will operate their own blockchain.McIngvale pointed out that Coinbase's second-layer network, Base, has been hugely successful since its launch in 2023, proving the validity of this trend. Base has not only attracted a large number of users and developers, but also allows idle crypto assets to generate income through lending when combined with Coinbase's Bitcoin collateral loans. Currently, exchanges such as Kraken, Bybit, Bitget, and OKX have launched second-layer blockchains based on Optimism technology, while fintech companies like Robinhood are also exploring second-layer solutions connected to Ethereum.McIngvale stated that Optimism's modular "superchain" vision will allow users to seamlessly switch between different blockchains like browsing websites, thus enhancing user experience.