Odaily News According to Bloomberg, Ubyx, a stablecoin startup founded by former Citigroup executive Tony McLaughlin, has completed a $10 million seed round of financing, led by Galaxy Ventures, with participation from Founders Fund, Coinbase Ventures, Paxos and VanEck. The company is committed to building a clearing system that connects stablecoin issuers with banks and fintech companies to solve interoperability issues in payment scenarios.

Odaily News According to data from CryptoQuant analyst Onchain School, more than 500,000 ETH have been newly pledged since June 2025, bringing the total amount of Ethereum pledged to over 35 million for the first time, a record high. At the same time, the total holdings of "accumulation addresses" that have never sold ETH have also risen to a record high of 22.8 million.

Odaily News OKX market data shows that BTC fell below 106,000 USDT and is now at 105,999.9 USDT, a 24-hour drop of 0.99%. (This newsletter is generated with the assistance of AI)

Odaily News Binance Wallet announced that it will launch DAOBASE (BEE) TGE. The event time is from 16:00 to 18:00 on June 18, 2025. Eligible users must use Binance Alpha points to participate.

Odaily News Nick Timiraos, the "Federal Reserve mouthpiece," wrote that there is good reason to believe that if it were not for the risk to prices posed by tariffs, the Federal Reserve would be ready to cut interest rates this week because of the recent improvement in inflation. I think the past five years have changed people's views on inflation and what might happen.

Odaily News According to official information, Binance Alpha launched BOMB.