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According to monitoring by Lookonchain, the wallet address 0xf7A4 associated with Arthur Hayes withdrew 44,156 HYPE from Gate one hour ago, worth approximately 2.93 million USD.Data shows that this address has completed two HYPE swing trades in the past two weeks, with a total profit of approximately 508,000 USD.

According to token unlocking data from the Crypto asset data platform RootData, GUNZ (GUN) will unlock approximately 36.857 million tokens at 1 PM Beijing time on June 30, worth about 2.03 million USD.

According to token unlocking data from the Crypto asset data platform RootData, Based (BASED) will unlock approximately 14 million tokens at 0:00 Beijing time on June 30, worth about 1.3 million USD.

According to token unlocking data from the Crypto asset data platform RootData, FLock (FLOCK) will unlock approximately 10,456,000 tokens at 00:00 Beijing time on June 30, valued at about 38.63 million USD.

On June 12, Kain Warwick, the founder of Synthetix, and core contributors proposed SIP-423, which aims to freeze and deprecate the sUSD contract. This is the first time Synthetix has proposed to retire rather than fix sUSD. The current price of sUSD is approximately $0.25, deviating about 75% from the $1 target, having dropped about 61% in the past 30 days.According to the proposal, each sUSD will be compensated to holders at a face value of $1 with 4 SNX (valued at $0.25), with SNX having a one-year lock-up period and one year of linear vesting. The proposal also includes a conditional USDT pathway: if the protocol generates over $10 million in revenue during the two-year lock-up period, 25% can be distributed as USDT to sUSD holders who prefer cash.SIP-423 also aims to close the 420 Pool under SIP-420 and cancel the sUSD staking ratio requirement. The current status of the proposal is pending vote, and the technical implementation plan SIP-424 has not yet been released. According to DefiLlama data, the circulation of sUSD is approximately $17.5 million, and Synthetix's TVL is $32.5 million.

Backpack CEO Armani Ferrante responded on X regarding the discussion about the project's delay in TGE, stating that if the project team is only looking for an exit opportunity, delaying TGE is fine; but if the goal is to build long-term and win the market, "TGE should have been done yesterday"; if there are concerns about market panic (FUD), then tokens should not be issued at all.Ferrante claims to be a "habitual offender of bear market minting and TGE," believing that market timing is actually irrelevant. This statement responds to user @AleyProbably's viewpoint, who argued that if all projects that delayed TGE had completed their airdrops on time, the market conditions would be much better, because "the market needs liquidity, and airdrops are one of the best ways to obtain liquidity."

a16z crypto Paul Cafiero stated that the technology and cryptocurrency industries are entering the "Show Me" era, where the previous model of gaining market recognition through vision, white papers, tokens, and team backgrounds is failing. With regulatory scrutiny, incidents involving bad actors in the industry, the large-scale entry of traditional financial institutions, and the rapid deployment of AI products, the external audience's tolerance for "stories" has significantly decreased.He believes that after institutions like BlackRock, Fidelity, JPMorgan, and Franklin Templeton entered the cryptocurrency and tokenization space, the threshold for serious projects in the industry has been raised. Project teams now need to demonstrate real data, on-chain transaction volume, active users, revenue, retention, deployed integrations, and verifiable partnerships. He stated that in 2021, it might have been possible to impress the market with 80% vision and 20% facts, but now that ratio has reversed.

According to market news monitoring, address 0xa2e...f1468 opened an ETH long position three hours ago, currently holding 21,000 ETH, with a position value of approximately 36,330,000 USD, an opening price of 1,728.5 USD, and a current floating profit of about 32,000 USD, making it the eighth largest position in ETH on the Hyperliquid platform.

Cathie Wood's ARK Invest increased its holdings of SpaceX stock by 210,121 shares, approximately worth $32.5 million.

According to monitoring by Catcher Predict, in the "World Cup Knockout Stage Prediction" event on the prediction market Polymarket, the "Yes" option for the sub-market "Senegal" has experienced a sharp fluctuation in winning probability, dropping from 70.5% an hour ago to the current 46% (a fluctuation of 24.5%). Please note the impact of relevant breaking news.

According to Cryptopolitan, the decentralized lending protocol Goldfinch, supported by a16z, announced it will gradually shut down. Last Friday, an anonymous investor, Edward Morra, publicly accused the protocol of mismanagement, leading to over $50 million in user fund losses, stating that borrower defaults and failed loan restructurings made it nearly impossible for depositors to recover their funds. Just a day after the post was published, the project announced it would enter a gradual shutdown phase.The protocol's native token GFI fell from a peak of $32.94 in January 2022 to below $0.07, a decline of 99.8%, with its market capitalization dropping from over $390 million to less than $6 million. Goldfinch was founded in 2021 by former Coinbase employees, aiming to connect crypto capital with credit enterprises overlooked by traditional banks, with a16z leading its $25 million financing in January 2022. Problems began to emerge months after the funding: the Kenyan motorcycle financing company Tugende Kenya defaulted, two underlying positions in the $2 billion loan from the U.S. credit fund Stratos nearly went to zero, and the Singapore borrower Lend East could only repay 58% of the principal. As the loan portfolio deteriorated, the protocol turned to institutional credit funds but ultimately could not turn the situation around.

According to monitoring by Catcher Predict, in the predicted market event "New York Yankees vs. Detroit Tigers" on Polymarket, the option "Detroit Tigers" in the sub-market "Spread -2.5" experienced a sharp fluctuation in winning probability, plummeting from 60.5% an hour ago to the current 10.5% (a fluctuation of 50%). Please note the impact of related breaking news.

According to Onchain Lens monitoring, a wallet that had been inactive for a year has awakened and received 500 BTC ($32.31 million) from BitGo. In addition, Morgan Stanley received 166.24 BTC ($10.74 million) from Coinbase and currently holds 4,515 BTC ($288.4 million).

According to on-chain analyst Yu Jin's monitoring, a certain whale spent 16.555 million USDC on June 20 to buy 234,900 SOL, with an average purchase price of 70.5 dollars, and sold out early this morning at an average price of 72.6 dollars, making a profit of 513,000 dollars over two and a half days, with a return rate of 3%.

According to Onchain Lens monitoring, as SPCX declines, a certain whale has opened a long position of 70,000 SPCX with a leverage of 20 times, valued at approximately 11 million USD, with a liquidation price of 134.42 USD.

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged in July is 63.7%, while the probability of a cumulative increase of 25 basis points is 36.3%. By September, the probability of keeping interest rates unchanged is 26.1%, the probability of a cumulative increase of 25 basis points is 52.2%, and the probability of a cumulative increase of 50 basis points is 21.4%.

According to Jinshi reports, Federal Reserve's Goolsbee stated that evidence is needed to prove that this inflation is temporary, while also pointing out that inflation in the service sector is slightly concerning.

According to Jinshi, IBM's stock rose 2% after hours, after the company announced a collaboration with OpenAI to launch artificial intelligence products related to enterprise network security defense.

According to CoinDesk, major lobbying organizations in the U.S. cryptocurrency industry jointly sent a letter to the House Ways and Means Committee, urging the advancement of the "Tax Clarity for Mining and Staking Act," advocating for tax treatment options for cryptocurrency miners and staking income recipients. The bill was introduced by Republican Congressman Mike Carey, and its core content allows taxpayers to choose the timing of taxation when they receive new mining or staking assets—either paying taxes at the time the assets are generated or deferring taxes until the final sale.Industry associations, including the Blockchain Association, Digital Chamber, and Crypto Council for Innovation, have expressed support, arguing that the current tax system may force users participating in network security maintenance to bear tax burdens before they have realized the assets. Supporters claim that the proposal does not provide "indefinite deferral," but rather avoids immediate taxation on income that has not yet realized liquidity, thereby alleviating cash flow pressure on miners and validators.However, Democratic lawmakers and some external critics are concerned that this mechanism could be exploited by large mining companies for long-term tax deferral, especially in the context of some publicly listed or politically connected companies participating in mining operations, raising potential policy arbitrage disputes. Meanwhile, the industry's focus remains on the broader "Digital Asset Market Structure Act" (Clarity Act), but tax issues have become the second key battleground, expected to continue advancing in tandem with regulatory framework legislation in the coming weeks.

According to Protos, the decentralized lending protocol Goldfinch, led by a16z and aimed at serving the unbanked population in Africa, is in crisis.On-chain data shows that among the 8 borrowers in the project, 2 have officially defaulted, and 6 have entered debt restructuring, with total losses exceeding $18 million. Depositors are lamenting that "the $50 million has gone down the drain." Its native token GFI has fallen from a peak of $32.94 in January 2022 to below $0.07, a decline of 99.8%, and the project's market value has shrunk from a peak of $390 million to less than $6 million.Goldfinch had previously lent over $100 million to borrowers in 18 countries, including motorcycle rental companies in Kenya and salary advance platforms in Nigeria, but the core issue lies in the severe lack of off-chain credit verification, with borrowers frequently misappropriating funds and refusing to repay. As the default rate rises, the project has quietly abandoned its positioning in emerging markets in Africa, shifting towards institutional credit funds like Ares and Apollo, rendering its original vision of inclusive finance a mere facade.