12:11 2025-06-20
Jupiter announces suspension of DAO voting until the end of 2025 due to the current governance structure not meeting expectationsAccording to CoinDesk, Jupiter, a Solana eco-DEX project, announced the suspension of DAO voting until the end of 2025, saying that the current governance structure did not meet expectations and the trust mechanism failed. Executive member Kash Dhanda said that the team will return in 2026 with a "more unified" governance model. The current pledge incentive of 50 million JUP per quarter remains unchanged, but there will be no new DAO-funded working groups. JUP fell by 21.8% in the past 30 days, ...
12:02 2025-06-20
Norwegian company Standard Supply invests $4.97 million in Bitcoin for the first timeStandard Supply AS (OSE: STSU), a Norwegian listed company, announced that it will change its name to StandardCoin and has completed its first bitcoin investment 50 million Norwegian kroner (about $4.97 million), officially entering the digital asset space. The investment is managed by a regulated top custodian for asset storage and aims to promote financial innovation.
11:53 2025-06-20
Self Chain founder denies involvement in over-the-counter cryptocurrency fraud worth $50 millionOn June 20, Self Chain founder Ravindra Kumar was charged with involvement in an over-the-counter crypto scam worth $50 million, which defrauded investors by trading fake tokens. Kumar issued a statement on the X platform firmly denying, calling the allegations "completely false" and saying that the legal team is preparing a response statement.
The scam involved tokens from several well-known projects such as Sui, Near, Axelar and Sei over the counter. Indian OTC broker Aza Ventur...
11:29 2025-06-20
The Norwegian government plans to temporarily ban cryptocurrency miningThe Norwegian government said on Friday that the country plans to temporarily ban the establishment of new data centers that use the most power-hungry technology to mine cryptocurrencies, in order to save power for other industries.
Karianne Tung, Minister of Digitalization and Public Administration, said the Labor government clearly intends to limit cryptocurrency mining in Norway as much as possible, which is very power-hungry and generates minimal jobs and income for local communities. The go...
11:17 2025-06-20
Morgan: Offshore RMB stablecoins will validate practical use cases for cross-border settlementsAccording to Morgan Stanley's latest research report, the Hong Kong Stablecoin Act-related policies essentially pave the first legal path for offshore RMB stablecoins. Backed by a deep offshore liquidity pool of about 1 trillion yuan in Hong Kong, offshore RMB stablecoins will validate practical use cases for cross-border settlement. The development of RMB stablecoins should be seen as a potential component of cross-border RMB settlement infrastructure, including RMB swap agreements, CIPS (RMB C...
11:01 2025-06-20
Kraken Launches Bitcoin Staking ServiceKraken has launched a Bitcoin staking service that integrates the DeFi protocol Babylon. Users can directly delegate BTC to support the PoS network and earn profits through Kraken, with an annualized rate of return of up to 1%. The mechanism does not involve cross-chain bridge, packaging or lending. BTC remains in the Bitcoin mainnet, and the user's own assets are guaranteed through the Taproot time lock mechanism. Rewards are paid in the Babylon native token BABY.
10:18 2025-06-20
Blockdaemon launches institutional-facing non-custodial staking with DeFiAccording to Cointelegraph, Blockdaemon, a leading provider of crypto infrastructure, has launched Earn Stack, a non-custodial revenue service for institutional clients that supports DeFi revenue and PoS staking over 50 protocols. The service is SEC-compliant, ISO 27001 and SOC 2 certified, supports no-code integration and multiple APIs, and provides penalty protection, liquidity aggregation, and cross-chain staking capabilities.