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6/16
07:26
Svmuu News: African fintech company Flutterwave has sold a portion of its equity to blockchain company Ripple, bringing the company’s post-transaction valuation to $3.3 billion. Flutterwave CEO Olugebenga Agbola stated that the partnership aims to accelerate the company’s growth through expansion of its payment business and strategic collaborations, but did not disclose the amount of Ripple’s investment or its stake in the company. Flutterwave currently operates in 35 African countries. (Bloomberg)
07:24
Svmuu News: Flutterwave has announced the completion of a strategic funding round, with Ripple taking a stake in the company. The specific amount raised and Ripple’s stake have not yet been disclosed. Following this round, Flutterwave is valued at approximately $3.3 billion. The company’s core business is providing fintech and payment infrastructure services to the African market, and it has already launched stablecoin-based payment services.
07:18
Svmuu News: According to a Reuters report, U.S. online trading platform Robinhood announced that it will lay off approximately 10% of its full-time employees and close the company’s remaining few open positions. The company expects this restructuring to result in approximately $20 million in restructuring charges, primarily for employee severance and benefits, as well as approximately $8 million in stock-based compensation expenses. These expenses are expected to be recognized in the second quarter. Following the announcement, Robinhood’s stock price rose 1.3% in premarket trading.
07:18
Svmuu News: Humanity has issued an announcement stating that its recovery plan following the attack has been released.The H tokens previously deployed on Ethereum, BNB Chain, and the Humanity Mainnet have been permanently deactivated. The project team will issue a new ERC-20 version of the H token and airdrop it to eligible token holders at a 1:1 ratio.The new token will retain “H” as its trading symbol and will be deployed on the Ethereum network. The new contract has undergone a comprehensive security audit and will serve as the sole valid H token within the future ecosystem. As this attack has been linked to a North Korean-affiliated hacking group, all compensation claims must undergo KYC (Know Your Customer) and AML (Anti-Money Laundering) verification.The official claims portal is now live, and users can submit applications through the official portal. Humanity is working with major centralized exchanges, cross-chain bridges, liquidity providers, and ecosystem partners to facilitate the migration and plans to relaunch the Humanity Mainnet within the next few weeks, at which time the new H token will serve as the network’s native gas token.
07:16
Svmuu News: According to CoinDesk’s latest exchange report, the total trading volume of spot and derivatives on global centralized exchanges fell by 3.45% to $4.41 trillion in May 2026. Amid a general slowdown in trading activity, Gate demonstrated remarkable resilience and achieved counter-trend growth, with spot trading volume rising 11.5% month-over-month to $43.8 billion—the highest growth rate among major global exchanges; its spot market share also increased by 0.66 percentage points to 4.55%, ranking among the top five global spot exchanges. In the derivatives market, Gate continued to maintain its industry-leading position. Data shows that Gate’s futures trading volume reached $327 billion in May, with a derivatives market share of 9.47%, ranking fourth among global derivatives exchanges; In terms of open interest, Gate ranked as the world’s third-largest derivatives trading platform with a 10.8% market share. Combining its spot and derivatives trading performance, Gate ranked fourth globally in overall trading volume in May, demonstrating the platform’s continued strengths in liquidity depth and market participation. To date, Gate has surpassed 54 million registered users worldwide and supports over 4,700 trading pairs. Gate Stocks enables users to trade more than 10,000 major U.S. stocks and ETFs using USDT, and has listed over 1,500 Hong Kong stocks. Moving forward, the platform will continue to expand its business portfolio—including stocks, ETFs, prediction markets, and TradFi—to provide global users with a richer, one-stop trading and asset allocation experience.
07:06
Svmuu News: According to data from MSX.COM, AI-related stocks were mixed in premarket trading on U.S. markets, with MRVL down 1.03%, MU rose 3.45%, AVGO fell 0.03%, ANET rose 0.03%, and AMD rose 1.01%. It is reported that MSX is a leading RWA trading platform that has listed hundreds of RWA tokens to date, covering popular U.S. stocks and ETF tokens such as NVDA, GOOGL, MSFT, AMZN, META, TSM, and AMD.
07:02
Svmuu News: According to OKX market data, HYPE rose to a record high of 76.5 USDT, marking an 11.2% increase over the past 24 hours.
06:59
Svmuu News: Galaxy’s head of research posted on X, stating that CZ founded the world’s largest cryptocurrency exchange, Binance, and had previously refused to provide a bailout to SBF;Bloomberg reported that with a net worth of $85 billion, he ranks 26th among the world’s wealthiest individuals and is the richest person among those who have served or have not served time in a U.S. federal prison, having subsequently been pardoned. An interview with CZ is set to be released this week, which will include his views on Hyperliquid.
06:50
Svmuu News: According to multiple investment institutions, DeepSeek’s first round of financing may have been finalized. Founder Liang Wenfeng personally contributed approximately 20 billion yuan, making him the largest single investor in this round; Tencent contributed approximately 10 billion yuan; the CATL ecosystem has invested approximately 5 billion yuan, including CATL and Puquan Capital; NetEase, JD.com, Monolith Capital, and IDG Capital have each invested approximately 3 billion yuan; and Zhengxingu Investment and Shixiang Technology have each invested approximately 1.5 billion yuan. (STAR Market Daily)
06:40
Svmuu News: According to official reports, OKX’s World Cup Prediction Event has added separate prize pools for a total of 8 matches this week, covering multiple cryptocurrencies including OFC, PROS, AI, USDC, SPACE, NIGHT, and ZAMA. These pools are jointly sponsored and organized by partners including OFC, Pharos, Gensyn, NeoSoul, Spacecoin, Midnight, and Zama, with a total value of approximately 400,000 U. Currently, the first event with a dedicated prize pool has concluded. Users can participate in predictions for the remaining matches and be eligible for a share of the dedicated prize pool based on their performance. Additionally, the World Cup group stage is currently underway, with several high-profile matchups between top teams set to take place; predictions for these matches are now open.
06:32
Svmuu News: According to filings with the U.S. Securities and Exchange Commission, SpaceX (SPCX.O) will acquire Anysphere through a merger. It is reported that Anysphere, Inc. (commonly referred to in Chinese as Anysphere Company) is a U.S.-based AI software startup whose primary brand and product is Cursor.
06:32
Svmuu News: According to an official announcement, BinanceMargin will begin a phased rollout of the new “ClosePosition” conversion option starting at 10:00 (UTC) on June 17, 2026.Users can use the “Convert” feature to directly sell assets and receive settlement currency, which is suitable for large orders to reduce slippage. The feature will be rolled out gradually via a phased rollout on both the web and mobile app platforms; some users may see it later than others.
06:18
Svmuu News: According to an official announcement, MGBX will launch QBT spot trading on June 17, 2026, at 20:00 (SGT). Deposits will open on June 17, 2026, at 16:00 (SGT). Trading will begin on June 17, 2026, at 20:00 (SGT). Withdrawals will be available on June 17, 2026, at 20:00 (SGT) QuantaRail is a Liquidity-First DePIN (Decentralized Physical Infrastructure Network) protocol focused on building secure infrastructure for the post-quantum era.
06:02
Svmuu News: According to an official announcement, Binance has announced that it will extend the zero-fee promotion for its BankingTriparty solution through December 31, 2026, and will implement adjusted tiered pricing starting January 1, 2027, with rates across all tiers reduced by 2.5%.The new rates are tiered based on collateral value: Tier 1 (under $50 million) at an annual rate of 1.000%,Tier 2 (50 million to 100 million USD) at 0.500% per annum, Tier 3 (100 million to 500 million USD) at 0.250%, and Tier 4 (over 500 million USD) at 0.100%.
06:00
Svmuu News: It has been reported that Bybit’s Dual-Currency Investment Biweekly Challenge went live at 6:00 p.m. on June 15 and will run for two weeks. After registering for the event, users can trade Bybit Wealth Management’s dual-currency investment products to climb the dual-currency trading leaderboard and win exciting rewards. Participants whose trading volume exceeds the “Whale Threshold” will trigger a “Critical Hit Reward,” with a maximum payout of 2,500 USDT. The top 100 participants will share 12,940 USDT, New users will also receive an exclusive 100 USDT dual-currency investment bonus.
05:55
Svmuu News: On June 11, Vida, founder of Formula News, revealed that he had established a short position in SPCXUSDT perpetual contracts, with a position value of approximately $200,000. On June 16, Vida posted on her personal Telegram channel stating that she had closed her SPCX short position, incurring a final loss of over $60,000, but she still believes the company is extremely overvalued. “I just want to wait for a better timing window to reconsider and execute this trade again (a potential good window would be after the 20% of shares held by employees are unlocked). For now, it’s time to step back.”
Vida, founder of Equation News, closed out her SPCX short position, hinting that she will continue to short the stock in the future
05:53
Svmuu News: U.S. President Donald Trump said on the 16th that the United States and Iran had successfully signed a memorandum of understanding online, and that negotiations on the U.S.-Iran agreement had now entered the second phase, adding, “This should be easier than the first phase.” He also stated that the United States would not invest any funds in Iran. (Xinhua News Agency)
05:52
Svmuu News UBS Global Wealth Management has pushed back its expectations for Federal Reserve interest rate cuts to March and June 2027 and no longer anticipates any rate cuts this year. The firm said the move reflects its assessment that this week’s meeting will send a hawkish signal. UBS Federal Reserve is now expected to cut rates by 25 basis points in March and June of next year, compared with the previous forecast of 25-basis-point cuts in December 2026 and March 2027. Federal Reserve The RBA will announce its interest rate decision this week—the first meeting chaired by new Governor Wash—and the market widely expects rates to remain unchanged.UBS Global wealth management analysts stated in a report dated June 15: “Although Wash has previously expressed a relatively dovish stance, we expect the tone of this meeting to be more hawkish, both in the statement and the dot plot.” UBS They noted that major central banks will not rush to adopt a more dovish policy stance simply because of the U.S.-Iran agreement. Instead, as the situation unfolds and data released in the coming months gradually reveals whether the energy shock is triggering a second round of inflationary pressures, central banks are likely to maintain a cautious stance. (Jin Shi)
05:44
Svmuu News: According to a survey by Bank of America, the rally in AI stocks appears set to continue. Most investors believe that FOMO is still driving this trading theme. In the bank’s monthly survey, approximately 56% of fund managers chose the term “boom” to describe the current stage of the AI cycle. This typically refers to a period when a market rally continues to gain momentum and attracts more investors who fear missing out on the rally. Only 21% of respondents believed the sector had entered a “frenzy” phase, in which stock valuations are pushed to extreme levels; while another 9% of respondents described the AI sector as being in a “profit-taking” phase. The survey covered investors managing a total of $465 billion in assets and was conducted from June 5 to June 11, just ahead of SpaceX’s IPO. However, the survey also revealed some concerns among investors regarding the technology sector. Four-fifths of respondents believed that buying and holding global semiconductor stocks was currently the most crowded trade in the market, a proportion that set a record high in the survey’s history. Overall, investors slightly reduced their overweight allocation to the tech sector from 33% to 26% and lowered their overweight allocation to global equities from 50% to 38%. (Jin Shi)
05:39
Svmuu News BlackRock Ben Powell of the think tank stated that after the Bank of Japan (BOJ) raised interest rates to their highest level since 1995, the central bank is likely to proceed cautiously regarding further rate hikes.Domestically, solid wage growth, resilient core inflation, and deeply negative real interest rates support the case for tightening policy. Abroad, hopes for a de-escalation in the Middle East have eased the threat of a prolonged energy shock, which should help curb imported inflation. Nevertheless, there remains a risk that inflation could exceed the 2% target Bank of Japan (BOJ). The firm maintains an underweight position in Japanese government bonds, expecting that interest rate hikes, elevated global term premiums, and massive issuance will continue to put upward pressure on yields. Over the next 6 to 12 months, the firm is neutral on Japanese equities, as imported energy costs may continue to weigh on returns.Over the long term, the firm maintains an overweight position, as inflation and wage trends support corporate profitability. (Jin Shi)

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