Odaily News According to official news, Sahara AI announced the economic model of its native token SAHARA. 64.25% of the total supply will be used for community and ecological development, including 33.93% for ecosystem construction, 20.75% for community incentives, 8.15% for airdrops, and 1.42% for distribution through the Buidlpad community. The remaining distribution includes: 15% for core contributors, 19.75% for early supporters, and 1% for liquidity and market stability.

Odaily News According to @OnchainLens, an early whale associated with the address 0xcc5e...3e3e and 0x8667...343a has transferred a total of 9,706.16 ETH through ThorChain in the past 16 days, with a total value of approximately US$24.03 million at current prices, and realized a profit of US$28.62 million during the period. The whale received 11,620.57 ETH through ShapeShift as early as 9 years ago, with a total value of only US$113,600 at that time. It currently still holds 1,914.4 ETH, which is now worth approximately US$4.7 million.

Odaily News According to the Korean Economic Review, eight major banks in South Korea are preparing to establish a joint venture to issue a Korean won stablecoin. Participating institutions include Kookmin Bank, Shinhan Bank, Woori Bank, Nonghyup Bank, Korea Development Bank, Suhyup Bank, Citibank Korea Branch and Standard Chartered Bank Korea Branch. The project is jointly promoted by the bank, the Open Blockchain and Decentralized Identifier Association, and the Korea Financial Telecommunications and Clearing Agency, and is still discussing the underlying infrastructure. If approved by regulators, the joint venture is expected to be officially launched at the end of this year or early next year. The project team is currently considering two issuance models: one is the trust model, that is, the customer funds are first independently entrusted before the stablecoin is issued; the second is the deposit token model, which directly links the stablecoin to bank deposits.

Odaily News Market data shows that Guotai Junan International's share price rose by more than 2.5HKD, up more than 63% in 24 hours, and now reported 2HKD. Earlier news, Guotai Junan International was officially approved to provide virtual asset trading services such as cryptocurrencies.

Odaily News According to @ai_9684xtpa, the band whale withdrew 367,463 UNI from Coinbase 6 hours ago at a price of $7, with a total value of about $2.57 million. The current position has a floating profit of about $97,000. The address lost $1.091 million due to high selling and low buying operations from June 11 to 16, but has still achieved a net profit of $1.249 million through UNI band trading since August 2024.

Odaily News According to @OnchainLens monitoring, 4 hours ago, a wallet address associated with FTX/Alameda transferred 62,496.7 SOL to Coinbase, with a total value of approximately $9.07 million at the time. The address currently still holds 110,195.75 SOL, worth approximately $16.07 million.