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Binance holds a market share of over 60% in SpaceX (SPCX) perpetual futures, Walter Bloomberg reported.

Thetanuts Finance, an options-based structured products protocol, has suffered a vulnerability exploit resulting in a loss of $2.1 million in option tokens, blockchain security firm PeckShield reported on X. A white hat address has reportedly recovered $2 million of the stolen tokens. The exploiter swapped $105,000 in USDC for 60 ETH and still holds option tokens valued at $34,000.

Decentralized exchange (DEX) Aster (ASTER) announced via its official X account that it will support perpetual futures trading based on Binance's stock tokenization platform, bStocks. The exchange explained that users can hold tokenized stocks through bStocks and use them as collateral for futures trading. This feature can be enabled by depositing bStocks' stock tokens into a BNB Chain futures account and activating the "Multi-Assets Mode." Up to 90% of the value of the held tokenized stocks can be used as collateral. Initially, support will be available for Tesla (TSLAB), Nvidia (NVDAB), Circle (CRCLB), and SanDisk (SNDKB).

Pharos Network (PROS), a finance-focused Layer 1 blockchain, will now accept PROS and USDC for payments on its AI Model-as-a-Service (MaaS) platform, the company announced on its official X account. The platform was launched in collaboration with ZAN, an AI agent-friendly development infrastructure. The MaaS platform notably features a built-in x402 protocol and related technologies specifically designed for AI agent payments. Users who pay their subscription fees with PROS will receive a 20% discount on their monthly costs. Pharos Network explained that the integration will not only diversify the use cases for PROS but also provide developers in its ecosystem with cost-effective access to industry-leading AI models.

A wallet believed to belong to Chun Wang, founder of the major Chinese-rooted crypto mining pool F2Pool, has increased its Ethereum holdings on three separate occasions this month, Odaily reported. The address purchased 9,719 ETH on June 5, 17,560 ETH on June 6, and another 15,740 ETH on June 12. Based on the average purchase prices, these trades have generated an estimated unrealized profit of around $8.64 million.

Negentropic, the shared X account of Glassnode's co-founders, stated that while the price movements of Bitcoin and Ethereum are positive, it is not a time for complacency. The account noted that despite recent price action, OBV and momentum have not yet turned positive, and the risk of retesting the lows still exists.

The U.S. Commodity Futures Trading Commission (CFTC) has announced the appointments of Donald Battle as Chief Data and Innovation Officer and J. Matthew Haws as Senior Counsel to the Chairman. Battle has deep expertise in blockchain forensics and artificial intelligence solutions. Haws is a legal expert with over 13 years of experience in derivatives regulation within the global financial sector.

An anonymous address starting with 0x795d5 and linked to Arthur Hayes has received 3,000 ETH, worth $5.42 million, from crypto market-making firm Flowdesk, according to Onchain Lens. Onchain Lens added that while it is not confirmed whether the address belongs to Hayes, it has a history of fund transfers with his FalconX address.

U.S. crypto industry leaders have sent a joint letter urging lawmakers to maintain the original text of the Blockchain Regulatory Certainty Act (BRCA) provision within the broader Clarity Act, CoinDesk reported. The provision in question would exempt developers and node operators who do not take custody of customer funds from being regulated as money transmitters. The letter argued that treating engineers who do not handle funds as money transmitters is akin to calling an email app developer a mail carrier. It further stated that such regulatory uncertainty has caused the U.S. share of global crypto developers to fall to 19%, emphasizing that these protections are crucial to prevent a brain drain and maintain the country's technological leadership.

Ventuals, a trading platform for unlisted stock tokens built on Hyperliquid (HYPE), will cease operations and join the Hyperliquid ecosystem team, the project announced on its official X account. Futures markets for unlisted companies on the platform will undergo final settlement. Trading in its index and commodity markets will also be halted sequentially, starting on June 18. Additionally, vHYPE staked through Ventuals will be refunded at a 1:1 ratio on June 19, with no separate token issuance planned.

Bitfinex has analyzed that Bitcoin's recent rebound, prompted by easing tensions in the Middle East, may be a technical bounce resulting from the exhaustion of selling pressure rather than an influx of new demand. In a recent report, the exchange noted that open interest (OI) in the futures market has significantly decreased from its May high, and short-term holders have sold their positions at a loss. This suggests the market has entered a phase of deleveraging and absorbing supply. However, Bitfinex pointed to weak demand, citing continued exchange-traded fund (ETF) outflows and slowing corporate buying, according to on-chain and fund flow data. The report also highlighted that short-term holders are still facing unrealized losses of 17% to 19%, which could form a substantial potential sell wall. Consequently, BTC is currently trapped in a range between its support level at $54,000 and a resistance level of $68,000, where short-term holders may look to sell at their break-even point. Bitfinex concluded that while the selling has paused, buying remains unconfirmed. The exchange added that a reopening of the Strait of Hormuz, which would alleviate energy supply shocks, could lower inflation and real interest rate pressures, potentially acting as a tailwind for risk assets like cryptocurrencies.

The U.S. military has stated that its blockade of Iranian ports will remain in effect ahead of a June 19 agreement deadline. It warned vessels in the affected area not to attempt passage through the blockade zone until they receive explicit guidance.

An anonymous whale address starting with 0x49C has withdrawn 21,136 ETH, worth $37.05 million, from Binance, according to Lookonchain. Withdrawals from exchanges are typically interpreted as a sign of intent to hold. According to CoinMarketCap, ETH is trading at $1,806.26, up 8.44% from yesterday.

While the target of passing the CLARITY Act by July 4 is now virtually impossible, industry insiders remain optimistic about its passage by the end of the year, reported U.S. crypto policy publication CryptoInAmerica. Patrick Witt, executive director of the White House Crypto Committee, had initially set July 4 as the goal. However, negotiations with the Democratic Party have reportedly stalled over the introduction of ethics regulations concerning the Trump family. Other hurdles also remain, including merging the bill with the House Agriculture Committee, securing enough votes, and passing it through both the House and Senate. The bill's author, U.S. Senator Cynthia Lummis, has also stated that more time is needed. The Senate is currently focused on legislation aimed at housing cost relief. According to the report, the industry now views the August session or the final session of the current Congress in mid-November as more realistic deadlines.

U.S. exchange Kraken has launched a perpetual futures trading service in the United States after receiving regulatory approval from the U.S. Commodity Futures Trading Commission (CFTC), The Block reported. The service will be operated on the Bitnomial exchange platform, which was acquired by Kraken's parent company, Payward. Payward announced its acquisition of Bitnomial in April for up to $550 million.

An anonymous whale address starting with 0x1be45 has borrowed 19,000 ETH ($33.48 million) from the crypto lending protocol Aave to sell following a market rebound, Lookonchain reported. Lookonchain added that the address has cumulatively borrowed 44,389 ETH ($80.56 million) from Aave and may sell more.

Polygon (POL) Labs announced it will officially shut down the Polygon zkEVM mainnet beta sequencer on July 1. Users holding assets on the zkEVM mainnet beta are required to complete the bridging process. After July 1, any assets that have not been bridged will be automatically transferred to the Ethereum Layer 1 and must be claimed through a dedicated interface. Once the sequencer is shut down, no further transactions will be processed.

Iranian President Pezeshkian announced today that Iran and the U.S. are scheduled to sign a memorandum of understanding (MOU) on June 19, according to Iranian media.

A continued slump in BTC's price will likely trigger mergers, acquisitions, or restructuring among Digital Asset Treasury (DAT) companies, Strive Chief Investment Officer (CIO) Ben Workman predicted. According to The Block, Workman commented at the BTC Prague event that many companies took on debt, such as issuing convertible bonds, to fund investments during last year's Bitcoin craze. He explained that while a rising BTC price would solve most financial issues, prolonged weakness could force companies to sell their BTC holdings to cover operating costs or manage debt. Workman specifically pointed to convertible bonds with collateral maintenance clauses, which could create forced selling pressure if BTC's price falls, straining a company's financial health. This scenario, he noted, makes M&A or restructuring among DAT firms highly probable.

The three major U.S. stock indices opened higher today. - S&P 500: +1.30% - Nasdaq: +2.10% - Dow Jones: +1.20%

Canadian crypto payment technology company Nuvei is acquiring global financial services firm Payoneer for $2.75 billion, Bloomberg reported. The deal will merge two North American payment companies that collectively process over $500 billion in annual payment volume. Both Nuvei and Payoneer provide payment services for individuals and businesses and support stablecoin payments. The combined entity is expected to generate approximately $3 billion in annual revenue.

Forward Industries (FWDI), the largest accumulator of Solana (SOL), said its proposal for an all-stock merger with Solana Company was rejected by the latter's board of directors, The Wall Street Journal reported. Forward Industries stated it received a response from Solana Company indicating that its board had voted to turn down the merger offer and would not proceed with further discussions. Forward expressed disappointment that the Solana Company board rejected its proposal without any discussion or communication.

Crypto whale investor Jeffrey Huang has continued to build his Ethereum long position, which now exceeds 10,000 ETH, Odaily reported. Huang, who recently incurred significant losses from futures trading, is using 25x leverage on the position. As ETH has reclaimed the $1,800 level, he is currently showing approximately $1 million in unrealized profit.

Paradigm has led a $9 million Series A funding round for Colombian crypto wallet company ElDorado, The Block reported. Coinbase Ventures and Verda Ventures also participated in the round.

Geoff Kendrick, Head of Digital Asset Research at Standard Chartered, predicts that the total value locked (TVL) in decentralized finance (DeFi) will reach $2.7 trillion by the end of 2030, a 37-fold increase from current levels, Cointelegraph reported. This growth is expected to be driven by the tokenization of real-world assets (RWA) and the expansion of crypto-native assets. Kendrick suggested that the next opportunity for generational wealth creation in the digital asset market will emerge from DeFi protocols. He analyzed that while only 3% of stablecoins and 10% of tokenized RWAs—about 3.5% overall—are currently utilized within the DeFi ecosystem, this share is projected to surge nearly nine-fold to 30% by 2030, fueling explosive market growth. He identified Uniswap as a key hub for trading these tokenized assets. However, some industry figures expressed caution. Chris Kim, CEO of Axis, pointed out that issuing RWAs across multiple blockchains and standards could fragment liquidity, increasing trading costs and creating price discrepancies. Similarly, Oya Celiktemur, EMEA Sales Director at Ondo Finance, noted that simply tokenizing illiquid assets does not magically create liquidity.