Plasma has increased the deposit cap by $500 million, bringing the total cap to $1 billion — Twitter
Pudgy Penguins and NASCAR partner to bring cuddly crypto birds closer to race fans — The Block
Binance Alpha has launched PUNDI AI (PUNDIAI). Users with at least 237 Binance Alpha points can claim an airdrop — Twitter
MEXC has launched a $100 million Guardian Fund aimed at safeguarding users against severe security incidents — Twitter
Immutable has launched IMX staking on the zkEVM chain as part of its merge with Immutable X — Twitter
Bank of America’s CEO confirmed plans to launch a fully dollar-backed stablecoin — Yahoo Finance
Tether acquires 32% stake in Canadian precious metals royalty company Elemental for $89 million — The Block
KuCoin has launched KuCoin Thailand, a licensed cryptocurrency exchange regulated by Thailand’s SEC — KuCoin
Solana-based NFT platform Solsniper announced it will shut down its NFT marketplace today — Twitter
US Senate schedules final GENIUS stablecoin bill vote for June 17 — The Block
Shopify will begin supporting USDC payments later this year, starting with a pilot for U.S. and EU merchants in late June — Fortune
Walmart and Amazon are exploring the launch of their own USD-pegged stablecoins to reduce payment costs and speed up settlements — WSJ
On June 12, Ethereum spot ETFs saw a net inflow of $112 million, marking 19 consecutive days of positive inflows — SoSoValue
AI model evaluation platform Yupp has raised $33 million in Seed funding, led by a16z — Blog
Coinbase sees a bullish crypto outlook for 2025 but warns of systemic risks from leveraged corporate Bitcoin bets — The Block
Trump made over $57 million from World Liberty Financial’s WLFI sales, new disclosure shows — The Block
Tron (TRX) will go public in a reverse merger with Nasdaq-listed SRM Entertainment in a deal orchestrated by Dominari Securities — FT
pump fun and founder Alon’s accounts banned on X alongside other memecoin services — The Block