Gate News bot news, Orange Protocol announced the launch of the Human Passport model trap as part of its reputation and identification scoring toolkit. The Human Passport was initially developed by Gitcoin and includes five scoring models designed to verify human user identities, provide Sybil defense capabilities, and support compliance needs such as KYC and sanctions screening.

Gate News bot message, Reuters reported that the world's three major Bitcoin Mining Rig manufacturers, Bitmain, Canaan, and MicroBT, have established production bases in the United States. This move aims to circumvent the new tariff policies imposed by the Trump administration. All three companies are from China and account for over 90% of the global market share. According to Canaan, its factory in the United States has begun the trial production phase, aiming to control investment risks while avoiding taxes. MicroBT also stated that it is advancing its localization strategy.

Gate News bot news, Liu Peng, CEO of JD Coin Chain Technology under JD Technology, introduced in an interview with Bloomberg that the company is testing compliance stablecoins pegged to the Hong Kong dollar and other coins within the "sandbox" of the Hong Kong Monetary Authority. The project is planned to be launched in the fourth quarter of this year, with the first application scenario set for the settlement business of JD Global Sales in the Hong Kong and Macau stations. Liu Peng emphasized that JD's stablecoin will focus on the traditional cross-border trade market, providing solutions for actual payment needs in regions such as Asia-Pacific, the Middle East, and Africa through features like compliance, security, and auditability, rather than "involution" in the Crypto native scenario. Source: Wu said.

Gate News bot message, Ethereum developer @Arvolear has proposed a new protocol concept called Confidential Wrapped Ethereum (cWETH), which enhances the privacy protection features for Ethereum users through Application Layer technology. The protocol uses the EC Twisted ElGamal commitment scheme and zk-SNARKs technology to encrypt balances and transfer amounts, enabling anonymous peer-to-peer payments, donations, and transaction functions without the need for centralized entities to participate. Currently, cWETH has released a draft and is seeking feedback from the community, with plans to further develop it into a formal EIP standard. Source: Wu Shuo

Gate News bot message, according to SoSoValue data, as of June 17 (Eastern Time), Bitcoin Spot ETF recorded a net inflow for the seventh consecutive day, with a total net inflow of $216 million on that day. Among them, the IBIT fund under Blackrock performed the best, with a single-day net inflow amounting to $639 million. Data also shows that the total net asset value of Bitcoin Spot ETF has reached $128.18 billion, with an ETF net asset ratio of 6.18%, and the historical cumulative net inflow has reached $46.26 billion. Source: Wu Says.

Gate News bot message, according to SoSoValue data statistics, on June 17 (Eastern Time), the overall net inflow of Ethereum Spot ETF reached 11.0947 million USD. Among them, the Blackrock's ETHA fund performed outstandingly, with a single-day net inflow amounting to 36.7091 million USD. The data shows that the total net asset value of the Ethereum Spot ETF has now reached 10.054 billion USD, and the ETF net asset ratio (the ratio of market capitalization to the total market capitalization of Ethereum) is 3.32%, with a historical cumulative net inflow amount of 3.887 billion USD. (Wu said)

Gate News bot message, at the release ceremony of the "Action Plan for the Coordinated Development of the Hong Kong-Shanghai International Financial Center", Hong Kong's Financial Secretary Paul Chan delivered a speech. He elaborated on the cooperation plans between Shanghai and Hong Kong in the field of fintech, including the promotion of artificial intelligence and Blockchain technology applications in asset management, insurance, and payment Settlement. Both parties plan to cooperate in areas such as financial standard setting, product innovation, and information sharing, while exploring new application scenarios for the digital renminbi in the cross-border payment field. Chen Maobo emphasized that these initiatives provide financial support for the sci-tech innovation industry and enhance the competitive strength of the financial centers in both regions, promoting the development of emerging financial ecosystems such as Blockchain. Source: Wu Says

According to Gate News bot, as reported by Cryptonews, the Prosecutor's Office of the Krasnoyarsk Territory in Russia has publicly announced that law enforcement discovered and shut down an illegal Crypto Assets Mining Farm in the Nazarovo industrial zone. The Mining Farm covers an area of 30,000 square meters and is equipped with multiple transformers, generators, and cooling equipment, generating a monthly revenue of 4.6 million rubles (approximately $58,700). The investigation by the prosecution revealed that the Mining Farm illegally connected to the municipal power grid and operated using a fictitious building lease contract. In addition, the Mining Farm unlawfully occupied state-owned land without a power usage permit and posed fire safety hazards. The local court has ordered the Mining Farm to cease operations completely and to rectify the issues before it can resume.

Gate News bot消息，最新消息显示，ai16z创始人Shaw发文披露，X平台以其Open Source源代码涉嫌违规为由，要求支付每月5万美元的企业级API费用，否则将限制其使用服务。 Shaw clarified that he currently only pays a monthly yellow label certification fee of $1,000 and a developer license fee of $200. He denied any data abuse and emphasized that the relevant code was pieced together based on other Open Source projects. Shaw characterized this behavior as "blatant extortion" and is considering legal action. According to Wu's report, the official X account of ElizaOS and the personal account of its founder Shaw have been frozen.

Gate News bot news, during the 2025 Lujiazui Forum, the Governor of the People's Bank of China, Pan Gongsheng, delivered a speech outlining the application of new technologies in the field of cross-border payments. He pointed out that new technologies such as Blockchain and Distributed Ledger are driving the development of Central Bank Digital Currency and stablecoins, fundamentally reshaping the traditional payment system and shortening the cross-border payment chain. Pan Gongsheng also mentioned that technologies like smart contracts and Decentralized Finance are promoting the development of the cross-border payment system. (Source: Wu Says)

Gate News bot news, BitVM founder Robin Linus announced the latest progress of the BitVM3 protocol through social media. The protocol adopts optimistic computation and obfuscated circuit technology, reducing the on-chain data size for SNARK proof verification from 2~4MB in BitVM2 to 56kB for assertTx and 200 bytes for disproveTx. BitVM was first proposed by Robin Linus in 2023, aiming to achieve complex computations and smart contract functionalities on Bitcoin. The system operates using an off-chain computation and on-chain dispute verification model. Currently, Robin Linus has formed the BitVM Alliance, which includes members such as Fiamma, Zerosync, Element Labs, and Citrea. Source: Wu Says

Gate News bot message, according to a report by Cointelegraph, the Ohio House Technology and Innovation Committee passed the "Bitcoin Rights" bill, code-named HB 116, with a vote of 13 to 0. The bill clarifies three fundamental rights for citizens in the field of crypto assets: the right to self-custody digital assets, the freedom to operate nodes, and the freedom to participate in mining activities. Additionally, the bill establishes a $200 capital gains tax exemption for each crypto asset transaction.

According to the Gate News bot, reported by @EmberCN, a Whale/institutional Address that once earned $30.45 million through Ethereum swing trading recently increased its holdings by purchasing 15,000 ETH at a price of $2,477. Data shows that this Address started its third round of Build a Position on June 11, and has currently invested $223 million USDC to acquire 85,465 ETH, with an average Build a Position price of $2,617.7. The current account position shows unrealized losses of $9.4 million. The whale address account still has a reserve of 113 million USDC.

Gate News bot message, according to the latest report data disclosed by U.S. Treasury Secretary Scott Bessent, the stablecoin market size is expected to reach $3.7 trillion by 2030. Bessent emphasized that the passage of the "GENIUS Act" supports the development of US dollar stablecoins and increases private sector demand for US Treasury bonds. This move lowers government financing costs, controls national debt, and enhances global user participation in the US dollar-denominated digital asset economy. He noted: "This is what smart, pro-innovation legislation can deliver." Source: Wu Says

According to Gate News bot, Coindoo reports that due to escalating tensions between the United States, Iran, and Israel, the Crypto Assets market is rebounding after a significant fall. However, according to the on-chain analysis company Santiment, several alts may be about to enter a new round of Fluctuation.

Gate News bot message, on June 17, the U.S. Senate passed the GENIUS Act with a vote of 51 to 23, opening a new chapter in federal regulation of stablecoins. This is the first significant Crypto Assets legislation to be passed in the United States. The bill stipulates that stablecoin issuers must maintain a full reserve in US dollars or equivalent liquid assets. Issuers with a market capitalization exceeding $50 billion are required to undergo annual audits, and the bill also clearly specifies priority payments in cases of foreign issuance and bankruptcy. The bill will be submitted to the House for further deliberation. The House needs to choose between advancing its version of the "Stablecoin Transparency and Accountability for a Better Ledger Economy Act" and adopting the GENIUS bill passed by the Senate. Source: The Block

Gate News bot message, Spain's second largest bank BBVA will launch a Bitcoin investment advisory service for high-net-worth clients starting from September 2024. According to a report by Reuters, the bank currently advises clients to allocate 3% to 7% of their investment portfolio to Crypto Assets based on individual risk preferences. Philippe Meyer, Head of Digital and Blockchain Solutions for BBVA in Switzerland, stated at the DigiAssets conference in London that the current investment advice covers two crypto assets: Bitcoin and Ethereum, with plans to expand to more types of crypto assets in the future.

According to Gate News bot, the X social media account of the cryptocurrency trading tool Pumpfun and its co-founder Alon has been unbanned. Previously, the X platform launched a large-scale account freezing operation targeting the Memecoin sector, affecting multiple trading tool platforms and KOL accounts. The specific reasons for the freezing have not yet been disclosed.

According to Wu, the Bank of Canada mentioned in the minutes of its monetary policy meeting on June 4, 2025 that the global economy has remained stable in the environment of U.S. tariff changes since the release of the April policy report. While the U.S.-China trade relationship has improved and tariffs have been lowered, the overall tariff level of the United States has risen, the trade policy has not yet been clarified, and there are unstable factors in the global situation. In response to the current situation, the management board has decided to maintain the policy interest rate at 2.75% and emphasized that it will continuously assess future interest rate adjustments based on the trends in U.S. trade policy and its actual effects on the Canadian economy and inflation.

Gate News bot, according to Sina Finance, Liu Qiangdong, chairman of the board of directors of JD.com, announced the company's stablecoin development plan at the sharing meeting. JD.com is in the process of applying for stablecoin licenses in major currency countries around the world, with the goal of optimizing the exchange process between global businesses. With stablecoin technology, cross-border payment costs will be reduced by 90% and processing times will be reduced to less than 10 seconds. Liu Qiangdong said: "Now it takes an average of 2 to 4 days for remittances between enterprises, and the cost is quite high. After the B-end payment is completed, we will penetrate into the C-end payment, hoping that one day everyone can use JD stablecoin to pay when they spend all over the world. "

According to Gate News bot, Bitcoin News reports that Brazil's Bitcoin Reserve Bill 4501/2023 has passed its first committee review stage. The bill proposes the establishment of a "RESBiT" mechanism, planning to allocate up to 5% of Brazil's forex reserves for Bitcoin. Once the bill is ultimately approved, Brazil will become the second country in the Latin American region to establish legal Bitcoin reserves, following El Salvador. Source: Wu Says, Bitcoin News

Gate News bot reported that Bitcoin financial services company Fold Holdings has signed a $250 million share subscription agreement. Under the agreement, Fold Holdings will have the autonomy to issue and sell up to $250 million of newly issued common stock, subject to certain conditions. The company said the net proceeds will be used primarily to increase Bitcoin holdings for Fold's corporate vaults. Cohen & Company Capital Markets acted as sole placement agent in connection with the agreement. Source: Wu said.

According to Gate News bot, reports from Wu say that the Thai Cabinet has approved a new tax measure proposed by the Ministry of Finance. Thai Deputy Minister of Finance Julapun Amornvivat announced via social media that from January 1, 2025, to December 31, 2029, capital gains obtained from digital asset transactions on platforms regulated by the Thai Securities and Exchange Commission (SEC) will enjoy personal income tax exemptions.

Gate News bot message, the UK-listed Bitcoin mining company Vinanz recently announced that its Retail Offer WRAP has been completed, successfully raising £3.6 million (approximately $4.88 million). The company clearly stated that the funds raised will be used to increase its holdings of Bitcoin and support its business expansion plans. Source: Wu Says

Gate News bot message, according to SoSoValue data, on June 16th Eastern Time, total net inflow of Bitcoin Spot ETF reached $412 million, marking the sixth consecutive day of net inflow. Among various ETF products, Blackrock's IBIT performed the best, with a net inflow of $267 million on that day, bringing the total historical net inflow to $50.033 billion. Source of information: Wu says

Gate News bot message, according to Etherscan data, user 0x7e…3207 completed a transaction of SPK and USDT on the Uniswap V3 platform at 16:00 UTC+8, exchanging 1 SPK for 19,686.87 USDT. According to the analysis report by researcher @web3_mario, the user teochew.eth previously created a liquidity pool with a 1% fee on Uniswap and injected $20,000 USDT as unilateral liquidity. Due to the set price being too high, a single transaction caused the vast majority of USDT in the pool to be swapped. teochew.eth subsequently sent a message to 0x7e…3207 via on-chain transaction, acknowledging an oversight due to misreading the pool direction, and requesting the other party to return part of the funds.

According to the latest ruling from the Bankruptcy Court for the Southern District of New York, the former CEO of Celsius, Alex Mashinsky, and his associated entities AM Ventures Holdings Inc., Koala1 LLC, and Koala3 LLC have waived their claims to Celsius's bankruptcy assets. The court has determined that it will prioritize the return of funds to creditors, and the total claims of Celsius creditors have now exceeded $1 billion. According to a report from Cointelegraph, Alex Mashinsky has previously been sentenced to 12 years in prison for cryptocurrency fraud.

Gate News bot message, according to the data panel from @hildobby_, as of June 13, the total reserve of the US Ethereum Spot ETF reached 3.91 million units, with a total value of 10.11 billion USD, setting a new historical high. Among all fund management companies, BlackRock ranks first with a reserve of 1.58 million coins, accounting for 41.0% of the total, worth $4.1 billion. Grayscale ranks second, holding 1.14 million coins, accounting for 29.5%, worth $2.95 billion. Grayscale Mini and Fidelity rank third and fourth, respectively, with shares of 12.8% and 12%. Source of information: Wu Says

Gate News bot message, on June 16th, U.S. time, the stablecoin USDC issuer Circle had a strong performance on its first day of trading in the U.S. stock market. Data shows that Circle's stock price briefly reached a high of $165.60, ultimately closing at $151.06, a 434% rise from the $31 issuance price, with a market capitalization of $33.617 billion. According to statistics from the Wu Shuo team, the major global stablecoin projects include USDT, USDC, USDS (formerly DAI), USDE, USD1, FDUSD, PYUSD, XAUT, PAXG, and TUSD. The statistical content covers information such as the market capitalization, issuers, and collateral of each project.

A South Korean court on Tuesday acquitted Haru Invest CEO Lee Hyung-so and dismissed fraud charges against him, according to Gate News bot. South Korean prosecutors initially said the company illegally obtained 1.39 trillion won ($1.02 billion) from about 16,000 investors. In the formal indictment, the amount involved was adjusted to 880.5 billion won (about 650 million U.S. dollars), and the number of investors involved was 6,000. Prosecutors had asked the court to sentence Lee Hyung-so to 23 years in prison. Source: TheBlock.

According to Gate News bot, as reported by Investing, the Nasdaq-listed company SRM has made board personnel adjustments after securing a $100 million equity investment and launching a TRX reserve strategy. Three original board members announced their resignation, and Weike Sun has been appointed as the chairman of the board, while Zhihong Liu and Zi Yang have been appointed as board members. Public information shows that Weike Sun graduated from Qinghai Normal University and previously held senior management and advisory roles at several fintech companies, including Ruibo (Beijing) Technology Co., Ltd.

Gate News bot message, according to the latest report published by TheMinerMag, the Bitcoin mining cost data for the second quarter of 2025 is $70,000, rising 9.4% compared to the $64,000 in the first quarter. The report points out that the increase in network hash rate and the rise in energy prices are direct factors contributing to the cost increase. Data shows that energy costs for mining companies, including Terawulf, have doubled compared to the same period last year.

Gate News bot message, according to a report by TheBlock, Cathie Wood's Ark Invest sold 342,658 shares of Circle (CRCL) on Monday, with a total transaction amount of 51.7 million USD. The transaction occurred when the CRCL stock price reached a historical high of 151.06 USD, nearly 5 times the IPO issuance price of 31 USD. Circle, as the issuer of the USDC stablecoin, has recently attracted investor attention, mainly due to the growth of USDC business and the positive news brought by the GENIUS Act.

According to the Gate News bot, research director Lorenz Lehmann reported that Polygon spent $250 million to acquire Hermez in 2021 and renamed it Polygon zkEVM. Currently, the chain is experiencing an annual loss of over $1 million and has halted development work, failing to complete the upgrade of Blobs technology. Polygon co-founder Sandeep has announced a gradual termination of the Polygon zkEVM project after taking over as CEO of the Polygon Foundation. Source: Wu Says

According to Gate News bot, Haseeb Qureshi, managing partner at Dragonfly, recently pointed out on social media the phenomenon of founders chasing investment hot spots in different cycles. He mentioned that the previous cycle was characterized by the issuance of tokens and a high level of activity in the encryption capital market. The characteristic of the current cycle is the shift of tokens to the stock market. Qureshi also noted that hot money flow continues, and this trend is expected to last in the coming one to two years.

According to Gate News bot, Decrypt reported that the European digital asset management company CoinShares has submitted a Solana Spot ETF (SOL ETF) application to the SEC. Prior to this, seven institutions including 21Shares and Bitwise had updated their relevant applications to the SEC. Bloomberg senior ETF analyst Eric Balchunas stated that the probability of approval for such products this year is 70%.

According to Gate News bot, FinanceFeeds reports that the blockchain data platform Tronscan shows that Tether executed a freezing operation on the Tron blockchain at 9:15 AM (UTC) on Sunday, involving an amount exceeding 12.3 million USDT. As of now, Tether has not made any public statement regarding this incident. This freezing action is related to the U.S. Treasury's sanctions list and AML regulatory measures.

ChainCatcher message, RootData API has recently added multiple features, including support for querying the ID lists of all projects, people, and organizations, bulk exporting X-related data, and supporting the use of smart contracts Address to query project information, to meet users' diverse API calling needs in different scenarios. At the same time, in order to further explore more data usage scenarios and lower the usage threshold, RootData has now launched a limited-time free plan for the Plus API (simplified version of the API). As long as you fill out the application information in this form, you will receive a Plus level apikey within 3 working days, allowing you to use the Plus API for free for 2 to 4 months.

ChainCatcher message, RootData API has recently added multiple features, including support for querying the ID list of all projects, people, and organizations, batch exporting X related data, and supporting project information queries using smart contracts Address to meet users' diversified API calling needs in different scenarios. At the same time, in order to further explore more data usage scenarios and lower the usage threshold, RootData has launched a limited-time free plan for the Plus API (light version API). By filling out the application information in this form, you can receive a Plus level apikey within 3 working days and use the Plus API for free for a period of 2 to 4 months.

Gate News bot message, recently, JPMorgan Chase Bank, N.A. submitted a "JPMD" trademark registration application to the United States Patent and Trademark Office (USPTO). The application covers multiple digital asset-related business categories, including digital asset trading, exchange, transfer, and payment services. Specifically involves the field of digital assets such as virtual digital currencies, payment tokens, decentralized application tokens, and blockchain currencies. In addition, the scope of application also includes traditional financial services such as electronic fund transfers, securities brokerage, real-time token trading, custodial services, and secure online financial transactions. Source of information: Wu Shuo

Gate News bot message, according to the latest data statistics from analyst Adam, of the 179,643 Pump Fun tokens created in the past week, only 1,869 tokens graduated from the Bonding Curve. The specific data shows that 4,894 tokens reached 80% of the Bonding Curve, 10,717 tokens reached 60%, 24,863 tokens reached 40%, and 61,460 tokens reached 20%. The data also records that among the successfully completed tokens for the internal market graduation, 86% were completed within the first hour after the token creation. Source of information: Wu says.

According to Gate News bot, Long Fan, the director of the Shanghai Shutu Blockchain Research Institute and founder of "Shutu", revealed his early Bitcoin investment experience during an interview with Xinmin Weekly. While pursuing his PhD at MIT, Long Fan purchased 100 Bitcoins for $1,000 and later sold them at a price of $50 each. Currently, the price of Bitcoin has surpassed $100,000. In response, Long Fan stated "sold too early".

Gate News bot message, according to Bloomberg analyst James Seyffart, Truth Social submitted an application to the SEC on June 16, 2025, planning to launch the "Truth Social Bitcoin & Ethereum ETF, B.T." Spot ETF product. The ETF is initiated by Yorkville America Digital, LLC and registered in Nevada. This is the first Spot ETF application associated with Trump for both Bitcoin and Ethereum.

Gate News bot message, the Financial Times reports that the TRON Group will go public through a reverse merger with Nasdaq-listed SRM Entertainment. US regulators have suspended the investigation into TRON's digital asset platform founded by Sun Yuchen. According to informed sources, this transaction was orchestrated by the New York boutique investment bank Dominari Securities, which is associated with Donald Trump Jr. and Eric Trump. The newly formed joint venture plans to purchase and hold TRX, using the same operational model as Strategy. Source: Financial Times

According to Gate News bot, a financial magazine recently published an opinion article suggesting that Chinese relevant departments conduct in-depth research and evaluation on stablecoins. The article pointed out that the relevant departments need to analyze the business model, functional positioning, and stability attributes of stablecoins, while also studying the relationship between stablecoins and Central Bank digital currency. The article also mentions that on the basis of completing a comprehensive analysis of the stablecoin, the relevant departments should formulate the development plan and policy framework of the RMB stablecoin according to China's specific national conditions.

Gate News bot message, on-chain data records that trader James Wynn invested 39 ETH (approximately $104,000) to purchase 24.46 trillion $ZEUS Tokens three hours ago. On-chain detective ZachXBT disclosed that the market maker Darkpool associated with the ZEUS project explicitly mentioned operations such as chart painting and spoofing in its financing materials. It is reported that the operator of Darkpool currently serves as one of the main leaders of the ZEUS project and has previously participated in multiple projects as a technical director. Source: Wu Says

According to Gate News bot, the Australian Securities Exchange (ASX) has completed the sale of its equity stake in Digital Asset Holdings. The transaction amount was $57 million, and ASX gained approximately $42 million in book profit from it. ASX acquired an 8.5% stake in Digital Asset Holdings for $47 million in 2016, originally planning to replace the CHESS settlement system with blockchain technology. The project was declared a failure in 2022, resulting in a loss of approximately AUD 250 million for ASX. Currently, Tata Consulting Services is responsible for developing a new clearing system. At the same time, the Australian Securities and Investments Commission (ASIC) has filed a lawsuit against ASX regarding issues related to information disclosure.

Gate News bot message, Swedish listed company H100 has reached a new financing protocol with Blockstream co-founder Adam Back. According to the protocol, Adam Back will subscribe to the first tranche of 150 million Swedish kronor (approximately 13.8 million USD) in convertible bonds. In addition, Adam Back has the right and obligation to subscribe for two additional tranches of funding within the next 90 days, each amounting to 75 million Swedish kronor, for a total financing scale of up to 750 million Swedish kronor (approximately 69 million USD). H100 states that all the funds raised will be used to implement the company's Bitcoin treasury strategy. Source: Wu Shuo

According to Gate News bot, data from CoinShares shows that digital asset investment products saw a net inflow of $1.9 billion last week, marking nine consecutive weeks of net inflows. Among them, Bitcoin received $1.3 billion in inflows, with related short-term bearish products attracting $3.7 million. Ethereum products saw a net inflow of $583 million, setting a new weekly record since February. The total net inflow for the year has reached $13.2 billion, marking a historical high. Source: Wu Shuo

Gate News bot message, the Hong Kong listed company MemeStrategy purchased a total of 2,440 SOL Tokens through the public market cryptocurrency trading platform on June 16, with a total investment amount of 2.9075 million HKD, and this investment was completed using the company's internal funds. Prior to this, 9GAG co-founder completed the acquisition of the Hong Kong-listed company Hoi King Technology Holdings and plans to rename the company to MemeStrategy, while also laying out a Bitcoin asset allocation, indicating that the company is positioning itself in the fields of encryption and Web3. Source: Wu Says