THORChain Plans to Address $200 million Debt Crisis by Issuing Equity Tokens

According to Crypto Rover, the US Treasury completed a debt repurchase operation on June 10, with a total amount of $10 billion accepted. The repurchase operation has a settlement date of June 11 and involves bonds with a maturity between July 15, 2025 and May 31, 2027.

According to Polyhedra Network, Panbubu SBT has been officially released. All users who have held or traded ZKJ and pledged on the BNB chain between May 7th and May 31st have received an exclusive badge (Panbubu SBT). SBT holders can now participate in the voting to decide whether to launch a 100% fair distribution, fully community-driven AI Memecoin - PANBUBU. Click on the original link for voting and details.

According to Onchain Lens, a whale deposited 8 million USDCs into HyperLiquid and spent $4.26 million to buy 100,000 HYPEs at $42.58 each, which were then pledged. In addition, the whale also shorted HYPE at 10x leverage, SPX at 5x leverage, and FARTCOIN at 3x leverage. The whale also holds short positions in SOL, TRUMP, SUI, BONK and holds spot VAPOR. Overall, the whale has earned over $28 million.

A key GOP negotiator said GOP senators are considering capping state and local tax (SALT) credits at $30,000 as a compromise between the current law and the more generous limits in the House version of Trump's tax code. Senator Tom Tillis, a moderate Republican involved in the negotiations, said Republican senators are trying to lower the House-passed $40,000 SALT cap to at least $30,000.

According to Spot On Chain, a savvy institutional investor made $30.45 million on the Ethereum trade and bought back just a day after selling, indicating its continued bullish attitude towards Ethereum. The "whale" sold 30,000 ETH at an average price of $2,621 over the counter with Wintermute on June 10, for a total of $78.63 million. The deal generated a profit of $6.72 million after 15 days of holding, yielding 8.91%. Since April 27, the address's total profit has reached 304 million.

According to Kyodo News, Japanese Prime Minister Shigeru Ishiba plans to propose strengthening the crackdown on malicious cyber activities such as North Korean cryptocurrency theft at the G7 summit in Canada from June 15 to 17. This will be the first time the G7 summit will discuss North Korean cryptocurrency theft. According to multiple Japanese government sources, the move is designed to strengthen supervision through multinational cooperation and cut off North Korea's use of cyber attacks to ...

According to @ethan714 news, according to Dune panel data, yesterday a total of 227,878 customers engagement Binance Alpha trading volume points activity, has been 5 consecutive days to participate in the number of users more than 220,000, trading points 16 users for the first time to break through 100,000, accounting for more than 45%. The number of users in each gear is as follows: Less than 10 points 2592 users; 11 points 761 users; 12 points 1419 users; 13 points 4712 users; 14 points 18,762...

NBA star Shaquille O'Neal has agreed to pay $1.80 million to settle a class action lawsuit over the promotion of bankrupt cryptocurrency exchange FTX, a settlement subject to court approval. Previously, the plaintiffs accused O'Neill of helping to promote unregistered securities by presenting FTX as a safe and legal platform at events and on social media. O'Neill has previously said he is just a "paid spokesperson" for FTX.

The official post of the stablecoin project Plasma said that an emergency temporary announcement will be made at 8:00 today and the deposit limit will be reopened at 9:00 to reduce the number of robots and snipers and create space for real participants. The raised deposit of 1 billion US dollars is not the XPL sale itself. The XPL public sale has not yet started. All funds will be bridged to the Plasma mainnet testnet and will be fully owned by the depositor. The depositor participates in the sa...

According to Beincrypto, Ripple CEO Brad Garlinghouse said at the XRP Ledger Apex 2025 in Singapore that XRP Ledger is expected to capture 14% of SWIFT's global liquidity within five years.

According to TraderT monitoring, the US spot bitcoin ETF had a net inflow of 165.77 million dollars yesterday.

According to FarsideInvestors monitoring, the US spot Ethereum ETF had a net inflow of 240.70 million dollars yesterday.