Selected News

1.Ant Group to Apply for Stablecoin Licenses in Hong Kong and Singapore

2.Plasma: Public Sale Allocation of XPL Remains $50 Million, Fully Diluted Valuation at $500 Million

3.Amber Group, Spartan Group, and Other Institutions Join Latest Plasma Stablecoin Project Deposit Round

4.NXPC Surges Over 11% Temporarily Amid Reports of Tencent’s Plans to Acquire Nexon

5.Binance Alpha Lists PUNDI AI (PUNDIAI); Eligible Users Can Claim Airdrops

Trending Topics

Source: Overheard on CT (tg: @overheardonct), Kaito

MIRA: MIRA has garnered widespread attention today due to the launch of the "Yapper Leaderboard" on the Kaito platform. This leaderboard allocates 0.5% of the total future token supply to the most active participants and the Kaito ecosystem. The initiative is part of MIRA's strategy to build a decentralized AI validation protocol, aiming to reduce the probability of AI hallucinations and enhance system trustworthiness. The project has recently completed a $9 million seed round and boasts over 4 million users. The community is actively discussing the potential benefits of this incentive mechanism as well as MIRA’s unique approach in the AI sector.

PRIVY: Today’s main focus regarding PRIVY revolves around its acquisition by Stripe. PRIVY, a provider of crypto wallet infrastructure, has sparked significant conversation and positive sentiment within the crypto community. This acquisition is seen as a key step in Stripe’s strategy to strengthen its crypto infrastructure, following its earlier acquisition of the stablecoin platform Bridge. Many speculate that PRIVY will continue to operate as an independent entity while benefiting from Stripe’s resources. The move is also being recognized as a significant milestone for the development of crypto infrastructure, fueling discussions about the growing importance of wallets and foundational crypto architecture in the internet economy.

NEWTON: The discussion surrounding NEWTON on Twitter has seen a notable surge in interest today, driven by its strong performance within the crypto community. The platform leverages an AI Agent to automate financial operations such as Dollar-Cost Averaging (DCA) and cross-chain transactions, while employing zero-knowledge proofs to ensure security, capturing significant attention. Recently, NEWTON's user registrations surpassed the 1-million mark, and its impending Token Generation Event (TGE) has further heightened community anticipation. Users widely recognize its potential in the DeFi automation space and are actively exploring its functionalities, many projecting it as a frontrunner in the AI+DeFi sector.

INFINEX: Infinex ignited significant discussion today, with several key developments taking center stage. The platform announced its integration with NEAR Intents, enabling DeFi access for BTC, DOGE, XRP, and other assets, a move welcomed by the community. Additionally, the sKAITO airdrop claim event went live, fueling user enthusiasm. The overall sentiment remains highly bullish, with discussions reflecting both acknowledgment of Infinex's potential and recognition of its seamless user experience. The community is also focusing on its strategic role and partnership expansion within the Kaito ecosystem, further cementing its credibility as a leading DeFi platform.

Featured Articles

1.《Twitter’s First Mass Account Suspension in the Crypto Space: Is Elon Musk Losing His Patience with Memes?》

As the rhetoric around increasingly rigid technological censorship grows, the value of decentralized social networks is undergoing a reassessment. On-chain social protocols like Farcaster and Lens Protocol are being referenced more frequently. However, these protocols remain in their early stages, with user experience and mainstream influence falling far short of what X (formerly Twitter) offers, making them unlikely to emerge as replacements in the near term. Nonetheless, as content platforms face regulatory pressure and creators contend with platform limitations, a shift toward decentralized social platforms offering greater account ownership freedom seems like an inevitable trend.

2.《Infighting, Layoffs, and Power Struggles: Inside the Ethereum Core Circle》

Recently, Ethereum Core Developer and Geth Client Lead Péter Szilágyi reflected on a proposal he made years ago to award small grants to the authors of critical dependencies for Geth, such as go-leveldb, as a way to encourage ongoing code maintenance. At the time, he sought to allocate $10,000 in funding but was informed that only $500 could be offered; anything above that amount would require a signed contract and deliverables.

On-Chain Data

On-Chain Capital Flow Situation on June 12

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