Selected News
Trending Topics
Source: Overheard on CT (tg: @overheardonct), Kaito
COINBASE: Today, Coinbase became a hot topic of discussion due to a series of major announcements. The company announced a partnership with Shopify to support payments using USDC, providing millions of merchants with a more convenient crypto trading experience. Additionally, Coinbase has teamed up with American Express to launch the "Coinbase One Card," allowing users to earn up to 4% Bitcoin cashback on their spending. Meanwhile, the decentralized trading (DEX) feature has also been launched within the Coinbase app, enabling users to trade thousands of assets directly on the Base chain. These initiatives further solidify Coinbase's leading position in promoting the integration of crypto technology into mainstream business and financial services.
NEWTON: Today's discussion around NEWTON focuses on the Magic Newton Foundation's announcement to increase the reward amount, allocating 0.9% of the total NEWT supply to "yapper" users in Korea, China, and globally, as well as to opinion leaders focusing on key issues such as agent AI and crypto user experience. This initiative has sparked enthusiastic responses from the community, with many users actively discussing the significance of this incentive mechanism and the growth potential and influence of the Newton ecosystem in the future.
UXLINK: Today's discussions on the X platform regarding UXLINK center on its UXLINK leaderboard launched on KaitoAI, which features a reward pool of 500,000 $UXLINK and creates participation opportunities for the fourth quarter airdrop. Users are encouraged to engage actively to improve their rankings and strive to become top KOLs. Meanwhile, the integration of UXLINK with the Kaito ecosystem has further heightened the discussion, involving new token allocations and strategic partnerships. Community members are sharing strategies and insights, aiming to gain more incentives from the event.
VIRTUAL: Today's discussions about VIRTUAL mainly focus on the successful launch of its $IRIS token on the Virtuals Protocol, with many early investors reporting returns as high as 500 times. This issuance is considered a significant success within the Virtuals ecosystem, and users have shown high recognition of its returns. Additionally, the community has widely discussed the platform's incentive mechanisms, such as staking $VADER tokens to earn Virgen points, which have also proven to yield considerable returns. Overall, the market holds high expectations for the Virtuals platform's continued ability to provide high-yield opportunities, with many users expressing their intention to keep an eye on its developments.
Selected Articles
- 《Trading platforms, crypto VCs, and market makers: Who is really affected by Singapore's DTSP bill?》
The introduction of DTSP is fundamentally driven by the FATF (Financial Action Task Force) requirements for anti-money laundering regulation. The expansion of the regulatory framework aims to include teams that were previously not regulated under the PSA but are operating overseas. If you are a practitioner genuinely intending to engage in Web3 in Singapore for the long term, such as OTC, custody, or trading platforms, you will still need to apply for the MPI license under the PSA, not DTSP.
War has once again erupted in the Middle East, causing significant turbulence in the cryptocurrency market. Over the past few years, localized wars have occurred frequently, and for Bitcoin, each conflict represents a test of its safe-haven properties and a dramatic fluctuation in market sentiment.
On-chain Data
On-chain fund flow situation on June 13
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