News & Research

Metaplanet, a publicly listed Japanese firm focused on Bitcoin (BTC) investments, is considering acquiring a digital bank in Japan to support its expansion plans, according to Cointelegraph. CEO Simon Gerovich said the company is prioritizing BTC accumulation, aiming to eventually leverage its holdings to acquire profitable businesses. He noted that a digital bank could allow Metaplanet to offer retail financial services that outperform current offerings.

Eric Trump, the second son of U.S. President Donald Trump, is scheduled to speak at the BTC Asia conference in Hong Kong from Aug. 28 to 29, according to CoinDesk.

Here is the breakdown of crypto perpetual futures liquidation over the last 24 hours. - BTC: $35.29 million, Long 87.35% - ETH: $33.17 million, Long 76.71% - VIC: $12.34 million, Short 78.97%

South Korean crypto exchange Bithumb has been providing financial incentives to select high-volume traders, despite temporarily pausing its maker incentive program on June 1, according to a report by Chosun Biz. The exchange reportedly contacted certain users to notify them of a limited-access event, offering up to 500,000 won ($363) per day for supplying liquidity in specific tokens. A Bithumb spokesperson described the initiative as a small-scale, short-term marketing effort aimed at re-engaging users with declining trading activity. The spokesperson added that the program was part of typical corporate marketing activities and was not publicly disclosed.

Plume Network (PLUME), a regulated real world asset (RWA)-focused blockchain network project, has integrated SkyLink with the Tron (TRX) network, enabling stablecoins on Tron to access real-world asset-backed yields, including U.S. Treasuries and private credit. According to CoinDesk, this development expands Plume’s reach and allows users to invest in institutional-grade assets through its omnichain RWA yield protocol, leveraging Tron's global user base.

BONK-based token issuing platform LetsBonk.fun surpassed Pump.fun on June 6, capturing 58.5% of Solana (SOL) launchpad market share for the first time. In the past 24 hours, LetsBonk launched 19,620 tokens, while Pump.fun created 9,249. According to DeCrypt, the shift marks a significant change in the memecoin sector.

Wu Blockchain reported on X that there were 66 crypto VC funding deals in June, a 3.1% increase month-over-month but a 37.1% decrease year-over-year. Total funding amounted to $2.846 billion, down 27.9% from the previous month.

Kuru Labs, developing a decentralized exchange (DEX) on the Ethereum-compatible Monad layer-1, raised $11.5 million in a Series A round led by Paradigm, according to The Block. The platform combines automated market maker (AMM) and central limit order book (CLOB) models to ensure native liquidity without relying on traditional market makers.

U.S. Bitcoin miner Bit Digital (Nasdaq: BTBT) sold 280 BTC and used the proceeds to purchase additional Ethereum, increasing its holdings to 100,603 ETH. The company previously announced plans to scale back its Bitcoin mining operations and focus on Ethereum staking and reserves, according to Jin10.com.

U.S. stock markets have opened lower today. S&P500: -0.32% NASDAQ: -0.49% Dow: -0.06%