Selected News

1. UK Financial Conduct Authority Appoints New Deputy CEO with Authority Over Crypto Regulation

2. CZ: June 9 Will Be Remembered as DeFi Day

3. Orange Cap Games Completes $3.5 Million Seed Round Financing, Led by 1kx and Yuga Labs

4. HYPE Breaks $40, Sets New All-Time High

5. Virtuals Ecosystem Tokens Surge, NOMAI Rises Over 70% in a Single Day

Selected Articles

1. KTA Conspiracy Group Exposed, Uncovering Former Google CEO Schmidt's Extramarital Affairs

Last night, the "pump master" $KTA on the Base chain plummeted, with a 24-hour drop of 20% as of the time of writing. The trigger for the crash was a tweet. Community user MRG (@thespacecatjr) stated that after experiencing the Keeta testnet, they believe the project is completely fake, "The block explorer is a fake page built with Vercel, and the transaction data displayed is fabricated. The Swap function is completely unusable. The white paper is AI-generated garbage, and the documentation is the same. I couldn't even be bothered to try their SDK." The drop in $KTA was exacerbated by a reply from on-chain detective ZachXBT, "When the most enthusiastic promoters of a project are not the actual developers, but some unknown KOLs (like Nekoz), it usually means the project's technology is not impressive. It's absurd and laughable for a so-called 'serious' project's L1 chain to issue tokens and launch with high taxes before releasing a product, ultimately being inflated to an astronomical valuation."

2. The Heat of Tokenized US Stocks Rises Again, Which On-Chain Platforms Can Trade US Stocks?

Recently, the keywords "crypto" and "US stocks" have been frequently linked. On one hand, US publicly traded companies are flocking to purchase crypto assets, with companies like SharpLink and GameStop seeing significant stock price increases in a short period due to this strategy; on the other hand, crypto companies are embarking on the path of US stock IPOs, with USDC stablecoin issuer Circle closing its first week of trading on June 6 at $107.7, a 247.4% increase compared to the IPO price of $31. BitMEX co-founder Arthur Hayes also expressed that Circle's listing will mark the beginning of a crypto IPO frenzy. Such a fervent scene has left crypto enthusiasts feeling envious, but if this is truly a new liquidity feast, how could they be willing to miss out? Therefore, under this trend, trading US stocks on-chain has also become a hot topic.

On-Chain Data

On June 10, the on-chain capital flow situation

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