Crypto billionaire Justin Sun’s digital asset platform Tron is set to go public in the US
Tron will go public in a reverse merger with Nasdaq-listed SRM Entertainment in a deal orchestrated by Dominari Securities, a New York-based boutique investment bank.
The new venture will buy and hold the Tron token, mimicking the tactics of Strategy, formerly MicroStrategy, which founder Michael Saylor has turned into a leveraged bitcoin vehicle.
https://www.ft.com/content/13a6cead-af71-4811-9b90-553f233ac45f
@BestIco
Tron will go public in a reverse merger with Nasdaq-listed SRM Entertainment in a deal orchestrated by Dominari Securities, a New York-based boutique investment bank.
The new venture will buy and hold the Tron token, mimicking the tactics of Strategy, formerly MicroStrategy, which founder Michael Saylor has turned into a leveraged bitcoin vehicle.
https://www.ft.com/content/13a6cead-af71-4811-9b90-553f233ac45f
@BestIco
JPMorgan files cryptocurrency trademark 'JPMD' for trading and payment services
https://x.com/WatcherGuru/status/1934685501547774172
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https://x.com/WatcherGuru/status/1934685501547774172
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Polyhedra co-founder: “We will buyback more. Now we need to figure out current situation and we need to prevent future financial attack.”
https://x.com/Tiancheng_Xie/status/1934704989953511652
@BestIco
https://x.com/Tiancheng_Xie/status/1934704989953511652
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Pumpfun and Alon Banned on X
The official reasons have not been announced yet.
https://x.com/sullyfromDeets/status/1934694719550001641
@BestIco
The official reasons have not been announced yet.
https://x.com/sullyfromDeets/status/1934694719550001641
@BestIco
Polyhedra Released ZKJ Token Price Crash Initial Report
Key immediate factors include:
1. Coordinated Liquidity Attack and Token Dumps on PancakeSwap
2. Binance Alpha Farming Structure and Liquidity Fragility
3. ZKJ liquidity provisions on PancakeSwap
4. Derivatives Liquidation Cascade on Centralized Exchanges
5. Wintermute CEX deposits during the crash
https://x.com/PolyhedraZK/status/1934693057267683726
@BestIco
Key immediate factors include:
1. Coordinated Liquidity Attack and Token Dumps on PancakeSwap
2. Binance Alpha Farming Structure and Liquidity Fragility
3. ZKJ liquidity provisions on PancakeSwap
4. Derivatives Liquidation Cascade on Centralized Exchanges
5. Wintermute CEX deposits during the crash
https://x.com/PolyhedraZK/status/1934693057267683726
@BestIco
Arthur Hayes has introduced a new essay "Assume The Position”
Key Idea
A fundamental rule of stablecoin investing is that the success of any stablecoin issuer largely depends on its distribution channels. Without sufficient access to crypto exchanges, social media platforms, or traditional banking infrastructure, a project is unlikely to succeed.
https://cryptohayes.substack.com/p/assume-the-position
@BestIco
Key Idea
A fundamental rule of stablecoin investing is that the success of any stablecoin issuer largely depends on its distribution channels. Without sufficient access to crypto exchanges, social media platforms, or traditional banking infrastructure, a project is unlikely to succeed.
https://cryptohayes.substack.com/p/assume-the-position
@BestIco
Dragonfly partner: “Every cycle, founders chase the fireball of hot money.
Last cycle, it meant launching a token. Crypto capital markets were white hot.
This cycle, it’s bringing your token to the stock market (a la treasury companies).
But hot money never stays put, which is why treasury companies will not be the final meta. But I'd guess 1-2 years of this until the heat dies down.”
https://x.com/hosseeb/status/1934750904844210287
@BestIco
Last cycle, it meant launching a token. Crypto capital markets were white hot.
This cycle, it’s bringing your token to the stock market (a la treasury companies).
But hot money never stays put, which is why treasury companies will not be the final meta. But I'd guess 1-2 years of this until the heat dies down.”
https://x.com/hosseeb/status/1934750904844210287
@BestIco
Binance has announced the 25th TGE on Binance Wallet with DAOBase (BEE) via PancakeSwap
Subscription: Jun 18th, 2025, from 8:00 to 10:00 UTC
Eligible users need to use Binance Alpha Points to participate
Additional 40,000,000 BEE for upcoming campaigns
https://x.com/BinanceWallet/status/1934921764175532048
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Subscription: Jun 18th, 2025, from 8:00 to 10:00 UTC
Eligible users need to use Binance Alpha Points to participate
Additional 40,000,000 BEE for upcoming campaigns
https://x.com/BinanceWallet/status/1934921764175532048
@BestIco
Eigen Labs Raises $70 Million From A16z For Ethereum Restaking
Eigen Labs has announced the launch of EigenCloud, a platform designed to extend blockchain-grade trust guarantees to any Web2 or Web3 application.
Access to EigenCloud is currently being rolled out to select developers, with broader availability planned for late 2025.
https://www.forbes.com/sites/digital-assets/2025/06/17/eigenlabs-redefines-ethereum-restaking-with-eigencloud-fueled-by-70m-from-a16z/
@BestIco
Eigen Labs has announced the launch of EigenCloud, a platform designed to extend blockchain-grade trust guarantees to any Web2 or Web3 application.
Access to EigenCloud is currently being rolled out to select developers, with broader availability planned for late 2025.
https://www.forbes.com/sites/digital-assets/2025/06/17/eigenlabs-redefines-ethereum-restaking-with-eigencloud-fueled-by-70m-from-a16z/
@BestIco
Namada (NAM) Gets Listed on KuCoin and Gate
Trading: 10:00 on June 19, 2025 UTC
Namada is the Composable Privacy Layer of the Multichain. It is a proof-of-stake layer-1 blockchain that protects users’ personal data by providing a shielded asset hub and enabling shielded cross-chain transactions.
https://www.kucoin.com/announcement/en-namada-nam-gets-listed-on-kucoin-world-premiere
@BestIco
Trading: 10:00 on June 19, 2025 UTC
Namada is the Composable Privacy Layer of the Multichain. It is a proof-of-stake layer-1 blockchain that protects users’ personal data by providing a shielded asset hub and enabling shielded cross-chain transactions.
https://www.kucoin.com/announcement/en-namada-nam-gets-listed-on-kucoin-world-premiere
@BestIco
Coinbase is seeking a green light from the U.S. Securities and Exchange Commission to offer "tokenized equities" to its customers
https://www.reuters.com/business/coinbase-seeking-us-sec-approval-offer-blockchain-based-stocks-2025-06-17/
@BestIco
https://www.reuters.com/business/coinbase-seeking-us-sec-approval-offer-blockchain-based-stocks-2025-06-17/
@BestIco
The crypto market is down
BTC Dominance - 63.38%
Market Cap - $3.3T
BTC - $105,157 (-2.3%)
ETH - $2,526 (-3.08%)
BNB - $651 (-0.67%)
SOL - $148 (-3.25%)
VIRTUAL - $1.69 (-9.41%)
EIGEN - $1.18 (-1.61%)
https://dropstab.com
@BestIco
BTC Dominance - 63.38%
Market Cap - $3.3T
BTC - $105,157 (-2.3%)
ETH - $2,526 (-3.08%)
BNB - $651 (-0.67%)
SOL - $148 (-3.25%)
VIRTUAL - $1.69 (-9.41%)
EIGEN - $1.18 (-1.61%)
https://dropstab.com
@BestIco
JPMorgan Chase & Co. is launching a pilot for a token called JPMD, which represents dollar deposits, and will transfer a fixed amount to Coinbase Global Inc. on the public blockchain Base.
https://www.bloomberg.com/news/articles/2025-06-17/jpmorgan-to-pilot-deposit-token-jpmd-on-coinbase-linked-public-blockchain
@BestIco
https://www.bloomberg.com/news/articles/2025-06-17/jpmorgan-to-pilot-deposit-token-jpmd-on-coinbase-linked-public-blockchain
@BestIco
Bloomberg.com
JPMorgan to Pilot Deposit Token JPMD on Coinbase-Linked Blockchain
JPMorgan Chase & Co. will launch a pilot for a token called JPMD that represents dollar deposits at the world’s biggest bank, as financial institutions deepen their push into the digital-asset sector.
Eyenovia Announces $50 Million Investment to Launch a Hyperliquid (HYPE token) Cryptocurrency Treasury Reserve Strategy
https://www.globenewswire.com/news-release/2025/06/17/3101041/0/en/Eyenovia-Announces-50-Million-Investment-to-Launch-a-Hyperliquid-HYPE-token-Cryptocurrency-Treasury-Reserve-Strategy.html
@BestIco
https://www.globenewswire.com/news-release/2025/06/17/3101041/0/en/Eyenovia-Announces-50-Million-Investment-to-Launch-a-Hyperliquid-HYPE-token-Cryptocurrency-Treasury-Reserve-Strategy.html
@BestIco
Kraken-backed Ethereum Layer 2 Ink Foundation to launch INK token
https://x.com/inkonchain/status/1934992073024823560
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https://x.com/inkonchain/status/1934992073024823560
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US Senate votes to PASS stablecoin crypto legislation the GENIUS Act
https://x.com/bitcoinmagazine/status/1935087303405494702
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https://x.com/bitcoinmagazine/status/1935087303405494702
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Tron Inc. Deal Gives Justin Sun’s Father Control of Public Firm Via $100M Token Deal
https://www.coindesk.com/markets/2025/06/17/tron-inc-deal-gives-justin-suns-father-control-of-public-firm-via-100m-token-deal
@BestIco
https://www.coindesk.com/markets/2025/06/17/tron-inc-deal-gives-justin-suns-father-control-of-public-firm-via-100m-token-deal
@BestIco
DTCC lists VanEck's proposed spot SOL ETF on list of 'active and pre-launch' funds
https://www.dtcc.com/products/cs/exchange_traded_funds_plain_new.php
@BestIco
https://www.dtcc.com/products/cs/exchange_traded_funds_plain_new.php
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JD com Chairman Richard Liu said the company plans to apply for stablecoin licenses globally
https://x.com/wublockchain/status/1934990160015528039
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https://x.com/wublockchain/status/1934990160015528039
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Iranian Crypto Exchange Nobitex Hacked for $81.7 Million
A pro-Israeli hacker group known as Gonjeshke Darande has claimed responsibility for the hack.
https://www.tg-me.com/investigations/258
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A pro-Israeli hacker group known as Gonjeshke Darande has claimed responsibility for the hack.
https://www.tg-me.com/investigations/258
@BestIco