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6/22
23:04
Svmuu News: The Seoul Southern District Court in South Korea has ruled that the online investment firm Cross Finance must pay approximately $234,000 in damages to the cryptocurrency exchange Coinone.
According to the court ruling, upon the recommendation of a Cross Finance representative surnamed Guo, Coinone began subscribing to investment products affiliated with Cross Finance starting in November 2023, with the investment amount remaining between approximately 1 billion and 4 billion won over an extended period. The product first experienced a delay in repayment on August 5, 2024.
Reports indicate that Cross Finance’s default is linked to a 70 billion won fraud case involving Lumen Payments. Following the incident, Coinone sought to rescind the relevant contracts signed with Cross Finance on the grounds of fraud or material misrepresentation.
Previously, Coinone had filed a lawsuit against Cross Finance seeking the return of approximately 900 million won in unjust enrichment. (Digital Asset)
22:48
Svmuu News: According to Gate market data, South Korean exchanges triggered the KOSPI circuit breaker mechanism due to a 5% decline in KOSPI 200 futures, suspending algorithmic trading for 5 minutes.
22:45
Svmuu News: Visa announced its financial results for the second quarter of fiscal year 2026, reporting net revenue of $11.2 billion, up 17% year-over-year; GAAP net income of $6.0 billion, up 32% year-over-year; and earnings per share of $3.14, up 36% year-over-year—all of which exceeded market expectations.
In April of this year, the company’s board of directors approved a new multi-year stock repurchase program with a total value of $20 billion.
Regarding its stablecoin business, Visa disclosed that the annualized volume of its stablecoin settlement pilot has reached $7 billion, a 50% increase from the previous quarter. The program currently covers nine blockchain networks, including Polygon and Base, and operates more than 130 stablecoin-linked card programs in over 50 countries.
In March of this year, Visa partnered with Bridge, a stablecoin infrastructure company owned by Stripe, to expand its stablecoin-linked card services to more than 100 countries. Earlier reports indicated that Visa, Mastercard, and Stripe are exploring the joint development of a stablecoin infrastructure platform to promote the adoption of stablecoins in the global commercial system.
22:45
Svmuu News: On the 22nd, in the New York foreign exchange market, the yen fell as low as 161.93 yen per U.S. dollar, approaching its lowest level in approximately 39 and a half years—since December 1986.
22:35
Svmuu News: According to an official announcement, Bitget has launched stock futures contracts for 10 underlying assets, including KLAC (Kolei), JPM (JPMorgan Chase), GEV (General Electric Vinova), GS (Goldman Sachs), and LIN (Linde Group), covering sectors such as semiconductor equipment, financial services, energy transition, and South Korean market ETFs.These contracts support up to 20x leverage. For more details, please visit the official Bitget platform.
22:28
Svmuu News: According to an official announcement, Bithumb will list the Canton (CC) to Korean won trading pair.
22:28
Svmuu News: According to monitoring by Ai @ai_9684xtpa, the address 0xa2e… f1468 opened a long position in ETH three hours ago and currently holds 21,000 ETH, with a position value of approximately $36.33 million. The entry price was $1,728.5, with a current unrealized profit of approximately $32,000, making it the eighth-largest ETH position on the Hyperliquid platform.
22:25
Svmuu News, June 23: According to data from SoSoValue, the crypto market as a whole is trending downward, with the NFT sector down 3.79% over the past 24 hours. Within the sector, Pudgy Penguins (PENGU) fell 2.96%, and Audiera (BEAT) dropped 6.29%. Meanwhile, Bitcoin (BTC) fell 1.06%, dropping below $64,000; Ethereum (ETH) fell 1.34%, fluctuating within a narrow range around $1,700.
Only the SocialFi sector remained relatively resilient, being the only sector to rise today, up 1.23% over the past 24 hours; among them, Gram (GRAM)—formerly known as Toncoin (TON)—rose 2.13%.
As for other sectors, the DeFi sector fell 0.47% over the past 24 hours, though DeXe (DEXE) surged 59.33%; the CeFi sector fell 0.94%, though OKB (OKB) rose 2.98%—partly driven by the formation of a joint venture with the Intercontinental Exchange (ICE)—and briefly surpassed $83 during intraday trading; The Layer 1 sector fell 1.51%, while TRON (TRX) rose 1.77% during the session; the Layer 2 sector fell 1.51%, with Celestia (TIA) bucking the trend and rising 5.40%; The Meme sector fell 1.55%, but BUILDon (B) rose 6.27%; the PayFi sector fell 2.04%, while Telcoin (TEL) rose 8.06%.
The crypto sector indices, which reflect historical sector performance, showed that the ssiAI, ssiDePIN, and ssiRWA indices fell by 7.86%, 5.26%, and 2.97%, respectively.
The crypto market is broadly down, with the NFT sector falling nearly 4%; only the SocialFi sector has remained relatively resilient.
22:16
According to monitoring by the Svmuu Seer Prophet Channel, in the “World Cup Group I Winner” prediction event on predict.fun, the probability of France finishing first in Group I is currently reported at 77%. Additionally, the probability of Norway finishing first in Group I is currently reported at 23%.
Today, in the second round of Group I of the World Cup group stage, France defeated Iraq 3–0, while Norway beat Senegal 3–2. Both France and Norway have secured advancement to the knockout stage early, and the two teams will compete for first place in the group in the final round.
The Svmuu Seer Prophecy Channel continuously monitors prediction markets, spotting changes before prices are set.
22:11
According to monitoring by the Svmuu Seer channel, the probability of “Messi winning the 2026 World Cup Golden Boot” on Predict.fun has now risen to 33%, up 12% over the past 24 hours, surpassing Mbappé to take first place; the probability of Kane winning the Golden Boot is 16%, currently ranking third; The probability of Cristiano Ronaldo winning the Golden Boot is currently only 2%.
In the second round of Group J of the World Cup group stage, Argentina defeated Austria 2-0. After missing a penalty, Messi scored two goals, bringing his total to 18 and surpassing Klose to temporarily become the all-time leading scorer in World Cup history.
Svmuu Seer continues to monitor prediction markets, spotting changes before they are priced in.
Predict.fun: Probability of “Messi winning the 2026 World Cup Golden Boot” rises to 33%, up 12% in 24 hours
22:03
Svmuu News: According to OKX market data, following Upbit’s announcement that it would list ARX trading pairs against KRW, BTC, and USDT, the price of ARX briefly rose to 0.4 USDT.
22:00
Svmuu News: According to an official announcement, Upbit will list the Archium (ARX) KRW trading pair.
21:58
Svmuu News: Paul Cafiero, a communications partner at a16z Crypto, posted on X that the crypto industry has entered the “Show Me” era, and that vision and an MVP (minimum viable product) alone are no longer enough to gain market recognition.
Paul Cafiero noted that as traditional financial institutions accelerate their entry into the crypto space—such as BlackRock launching a tokenized money market fund, Fidelity applying for a crypto ETF, and JPMorgan Chase using an in-house blockchain to settle transactions—industry standards have been permanently raised.
He stated that partnerships today require real-world deployment cases and partners willing to publicly endorse the project; data must consist of actual metrics such as mainnet trading volume, active users, revenue, and retention curves—not testnet data; and the most compelling proof of product-market fit is no longer a press release, but rather an organically grown community established before the product’s launch.Paul Cafiero believes that the crypto industry’s past reliance on the “vision equals product” logic is failing, and that the market’s validation criteria for projects have fundamentally changed.
21:49
Svmuu News: The Goldfinch community, a decentralized lending protocol, has released a proposal titled “Approval of Goldfinch Operations and Maintenance and the Phased Wind-Down of Goldfinch Prime.” Voting will close tomorrow, and the proposal currently has a 100% approval rate.
The proposal calls for the orderly winding down of Goldfinch Prime’s operations and the transition of Goldfinch to “maintenance mode.” Subsequent efforts will focus on supporting the ongoing liquidation of the historical borrower pool, maintaining access to older versions of the application so users can continue to receive repayments and principal, and completing the shutdown of the foundation and related administrative obligations.
Additionally, Warbler Labs will receive a fixed service fee of $150,000, of which $100,000 is new funding and $50,000 comes from the reallocation of previously approved operational funds. These funds will be used to support the liquidation and business transition of Goldfinch Prime and the Foundation, as well as the technical and operational maintenance of the historical borrower pool for the next two years or longer.
Previously, Goldfinch completed a $25 million funding round in 2022, led by a16z.
21:47
Svmuu News: Nate Geraci, President of ETF Store, posted on X that the Chicago Board Options Exchange (Cboe) is considering converting its Bitcoin and Ethereum continuous futures products into perpetual futures.
Nate Geraci believes that traditional financial institutions are continually being forced to respond to crypto-native innovations. He noted that this is just the beginning of traditional finance absorbing innovations from the crypto market.
21:46
Svmuu News: According to Gate data, South Korea’s KOSPI index has plummeted 3% intraday and is currently trading at 8,840.41 points.
21:44
Svmuu News: According to on-chain analyst Ai, the Ondo team’s multi-signature wallet transferred 150 million ONDO tokens—worth $49.56 million—to a certain address 8 hours ago;Since April 22, this address has cumulatively received 425 million ONDO tokens, with a total value of $147 million. Following the two previous transfers, the tokens were deposited in batches into Coinbase; their intended use remains unknown.
21:33
Svmuu News: Serenity, known as the “White-Haired Stock Guru,” posted on X, stating that he believes South Korean optical communications company OE Solutions (138080.KQ) is one of the most reasonable choices among potential acquisition targets for large downstream companies at present.
Serenity pointed out that the company currently has a market capitalization of approximately $215 million but possesses rare EML/CW laser intellectual property (IP). He believes that companies such as Source Photonics or Suzhou Dongshan Precision, if seeking vertical integration, could gain greater strategic value by acquiring OE Solutions.
Serenity stated that, given the substantial R&D investment and capital expenditures required for wafer fab expansion and initial construction—and considering that OE Solutions itself remains a relatively small optical company—it presents a certain degree of M&A appeal. The firm also disclosed that it currently holds a position in the company.
21:30
1. Both Strategy and Bitmine have unrealized losses of approximately $9 billion on their holdings;
2. Michael Saylor: Purchased 520 BTC for $35 million, increasing his BTC reserves to 847,363;
3. Intercontinental Exchange (ICE) and OKX have established a joint venture named OKXICE;
4. Strive added 759 BTC at an average price of $65,850, bringing its total holdings to 19,864;
5. BitMine: Purchased a total of 52,203 ETH over the past week, valued at $92 million;
6. Micron has entered into multiple partnerships with Anthropic and participated in Anthropic’s Series H funding round;
7. Polymarket updated its documentation: It did not disclose short-selling eligibility criteria and encouraged users to focus on genuine interaction;
8. Goldfinch, backed by a16z, experienced tens of millions of dollars in loan defaults, causing its GFI token to plummet 99.8%;
9. Donald Trump signed two executive orders to advance the deployment of quantum computers for scientific research by 2028;
10. Bank of America predicts the Federal Reserve will raise interest rates by 75 basis points in 2026.
21:24
Svmuu News: Zach Pandl, Head of Research at Grayscale, wrote that since the war in Iran began in late February, U.S. stocks have risen 9%, the Bitcoins has fallen 1%, and gold has dropped 20%.Although significant AI-related spending has supported the stock market, Bitcoin and gold have underperformed, partly due to market expectations that Federal Reserve may raise interest rates to combat inflation. Grayscale does not share this view; its base-case scenario is that Federal Reserve will pause rate hikes.Zach Pandl noted that since the start of the war in Iran, the expected 1-year Federal Reserve interest rate has risen by about 60 basis points, roughly half of Federal Reserve officials believe that a rate hike in 2026 may be appropriate, and European Central Bank (ECB) has already raised rates.As non-interest-bearing monetary assets, gold and Bitcoin compete with fiat currencies, and rising real interest rates on fiat currencies increase the opportunity cost of holding Bitcoin and gold, thereby suppressing demand. Bitcoin It serves a dual purpose in a portfolio: on one hand, it is a scarce digital commodity that can act as a long-term store of value; on the other hand, it is a public blockchain asset that provides exposure to the long-term growth of the crypto industry. Therefore, the role of Bitcoin in a portfolio is similar to, but not entirely equivalent to, that of gold and growth stocks.Zach Pandl noted that if the likelihood of interest rate hikes decreases—in line with Grayscale’s base-case scenario—Bitcoins may catch up to the performance of stocks.

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