News & Research

U.S. President Donald Trump urged Israel on Truth Social to halt any planned bombings, calling such action a major violation and demanding the immediate return of its pilots.

Nano Labs, a Nasdaq-listed Web 3.0 infrastructure provider, will issue $500 million in convertible notes to fund its strategy of acquiring BNB, according to GlobeNewswire press release. The company aims to purchase $1 billion in BNB and secure 5-10% of its total circulating supply over the long term.

Japan’s Financial Services Agency has proposed regulating crypto assets under the Financial Instruments and Exchange Act. Set for review on June 25, the plan could enable Bitcoin ETFs and apply a flat 20% tax on crypto profits, replacing the current progressive tax system that reaches up to 55%, according to Wu Blockchain on X.

Swing trader AguilaTrades closed a 20x Bitcoin (BTC) long position with a $1.35 million profit and reopened a new 20x long position around 40 minutes ago worth $87.35 million at $105,146, with a liquidation price of $100,312, according to data from HyperDash.

Ledger, a crypto hardware wallet manufacturer, has launched Ledger Recovery Key, an offline tool that lets users of Ledger Flex or Stax wallets recover private keys by tapping a smart card and entering a PIN—without cloud storage or identity verification, according to Cointelegraph. Unlike the earlier Ledger Recover, this NFC-based device stays offline and open-sourced for transparency.

Digital Asset, the developer of the privacy-focused Canton Network, has raised $135 million in a strategic funding round led by DRW Venture Capital and Tradeweb Markets, according to CoinDesk. The round also saw participation from major institutions including BNP Paribas, Circle Ventures, Citadel Securities, DTCC, Virtu Financial and Paxos. The newly raised capital will support the expansion of Canton’s real-world asset (RWA) capabilities, which already encompass bonds, money market funds, repurchase agreements (repos), mortgages and insurance products. Last year, Bloomberg reported that Digital Asset completed a U.S. Treasury tokenization pilot project in collaboration with Goldman Sachs, BNY Mellon and other financial giants.

Metaplanet, a publicly listed Japanese firm known for its Bitcoin (BTC) holdings, announced on X that it will allocate up to an additional $5 billion in capital to its U.S. subsidiary. The company stated that the U.S. offers "optimal conditions" for acquiring and managing BTC at scale.

The Islamic Republic News Agency (IRNA) stated that the ceasefire between Israel and Iran has officially entered the implementation stage, Jin10.com reported, citing Chinese media CCTV.

The Iranian state media outlet, Student News Network (SNN) reported that Iran launched its final missile toward Israel before the ceasefire took effect, according to Jin10.com.

Abraxas Capital, a London-based investment manager, saw an unrealized loss of $14.5 million on its Bitcoin (BTC) short position over the past 24 hours, according to Arkham on X. The firm still holds over $450 million in total crypto shorts, including more than $200 million in BTC.