Today's Must-Read
Friday, J 06・Disassembling the training platform Flock: The "new Bittensor" for AI applications・A fire broke out in Trump's backyard: Musk, a close ally, turned against him, and the crypto company behind him split・Rumors of Pump.fun issuing coins caused MEME coins to fall in risk aversion. Is Solana's number one "cancer" worthy of its title?
Trump Media Inc. submitted an S-3 registration statement to the U.S. SEC, involving a $2.3 billion Bitcoin vault financing plan that was raised from about 50 investors earlier. The funds will be used to establish a Bitcoin vault and general corporate purposes, and to register 56 million shares and 29 million convertible notes. The document also contains a general shelf registration to provide flexibility for subsequent capital operations.
PA一线1 hour ago
A fire broke out in Trump's backyard: Musk, a close ally, turned against him, and the crypto company behind him split
In the early morning of June 6, Musk and Trump had a complete falling out. Less than a week after Musk stepped down as head of the Department of Government Efficiency (DOGE), the two of them were exposing explosive information and frequently firing at each other on the X platform.
区块律动BlockBeats1 hour ago
The Trump family is in dispute over a wallet project with the same name and has sent a letter to stop the development of competing products. World Liberty Financial has sent a cease-and-desist letter to Fight Fight Fight, the issuer of Trump meme currency, opposing its collaboration with Magic Eden to launch a crypto wallet called "$TRUMP Wallet".
PA一线2 hour ago
Trump's social platform Truth Social announced that it has submitted an initial registration statement on Form S-1 for the Truth Social Bitcoin ETF to the U.S. Securities and Exchange Commission. The ETF will directly hold Bitcoin and issue its shares to investors, aiming to reflect the price performance of Bitcoin. Crypto.com will serve as the exclusive Bitcoin custodian, primary execution agent and liquidity provider for the ETF. The launch of the Truth Social Bitcoin ETF is pending the effectiveness of the registration statement and the approval of the Form 19b-4 submitted to the U.S. Securities and Exchange Commission. After listing, its shares will be listed on the New York Stock Exchange Arca. Yorkville America Digital serves as the sponsor of the ETF.
PA一线14 hour ago
Michael Egorov, founder of Curve Finance, revealed that "hired" hackers are coordinating cross-platform attacks, making it more difficult to ensure the security of DeFi projects. Last month, Curve Finance was attacked by DNS, the front-end website was breached, and users were redirected to malicious websites. Egorov explained that although the team used strong passwords and two-factor authentication, the domain name registrar transferred the domain name ownership to others without notifying Curve management, leading to this attack.
PA一线15 hour ago
The Legal Affairs Corps of Beijing Municipal Public Security Bureau and Beijing Equity Exchange (hereinafter referred to as "BCE") have established a cooperation mechanism for the disposal of virtual currencies involved in the case. Recently, the Legal Affairs Corps held a signing ceremony for the disposal of virtual currencies involved in the case with Beijing Equity Exchange. Liu Yan, deputy secretary and political commissar of the Party Committee of the Legal Affairs Corps, and Liang Xianjun, member of the Party Committee and deputy general manager of BCE, jointly signed the "Framework Agreement on the Cooperation in the Disposal of Virtual Currency Involved in the Case", which included the virtual currencies involved in the case into the category of "physical surrender", established a judicial disposal model for virtual currencies involved in the case with qualified subjects, compliant processes, fair prices, and safety and reliability, and continued to deepen the effectiveness of the "Beijing Sample" reform of property management involved in the case.
PA一线15 hour ago
The long-term slow bull structure of Bitcoin is not linear, nor will it rise every day, but a wave path formed by several policy switches, geopolitical conflicts, technological changes and market sentiment. However, as long as the path of Bitcoin's "asset attribute evolution" continues to be clear, it has the potential to become the most certain target of participation in this round of global capital revaluation.
Movemaker15 hour ago
The general application layer protocol Skate announced its token economics. SKATE is the basic utility and governance token of the Skate protocol, with an initial issuance of 1 billion, of which 10.00% is allocated to the team, 18.00% to the ecosystem and reserves, 10% to the initial airdrop, and 45.50% to the community.
PA一线15 hour ago
The 2025 annual report "In Gold We Trust" released by gold investment company Incrementum pointed out that Bitcoin could reach 50% of the market value of gold by the end of 2030. If a conservative gold price target of about $4,800 is assumed, the price of Bitcoin needs to rise to about $900,000 to reach 50% of the market value of gold.
Yuliya16 hour ago
PA Daily | Circle prices IPO at $31 per share; Binance adds BIFI, FIS, KMD and MDT to the “monitoring tag” list
Abraxas Capital withdraws 13,771 ETH from Binance; Crypto credit startup 3Jane's $5.2 million seed round of financing, led by Paradigm; Deribit: $3.8 billion in BTC options and ETH options are about to expire, with call options dominating.
PA日报17 hour ago
Latest News
Friday, J 06Events Calendar
J 2025 「J 30」 Nigerian SEC’s new crypto marketing rules take effect
「J 23」 NFT NYC 2025 will be held in New York, USA

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