Tesla investors sue Elon Musk for shifting resources and talent to xAI

Financial reports that Tesla shareholders sued CEO Elon Musk and the automaker's board of directors on Thursday, claiming that Musk's xAI startup is a "competing company" that has taken away artificial intelligence talent and resources from the company. On the same day, shareholders voted to restore Musk's $44.9 billion compensation package, which a Delaware judge rejected in January.

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NFT lending platform Blend’s total transaction volume has reached US$6.451 billion

The total transaction volume of Blur’s NFT lending platform Blend has reached $6.451 billion, with a total of 701,742 loans. The platform currently has 10,904 independent borrowing addresses and 4,508 independent lending addresses.

South African President Cyril Ramaphosa successfully re-elected.

Cyril Ramaphosa has been re-elected as South African President, leading the country's first multi-party coalition government after winning 159 seats but not a majority. He formed a national unity government with several parties. The impact on South Africa's cryptocurrency industry from the election is minimal. The Financial Sector Conduct Authority introduced a licensing regime for cryptocurrencies, with companies like Luno, Zignaly, and VALR already licensed. Cryptocurrency services are now regulated under the Financial Advisory and Intermediary Services Act. A government working group plans to assess stablecoin use cases and tokenization effects. Starting in April, new travel rules require cryptocurrency transfers to include wallet and passport information to prevent money laundering.

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Malaysia launches special operation to combat cryptocurrency tax evasion

According to financial reports, the Malaysian Inland Revenue Board (IRB), in collaboration with the Royal Malaysian Police and Cybersecurity Malaysia (CSM), recently launched a special operation codenamed "Ops Token" to address tax losses caused by cryptocurrency transactions. The program involves 38 personnel and is carried out at 10 locations in the Klang Valley. The region includes the Federal Territories of Kuala Lumpur and Putrajaya, as well as neighboring cities and towns within the state of Selangor.

U.S. SEC Commissioner recognizes the benefits of security tokenization, including providing security, transparency and immutability

According to news on June 16, U.S. Securities and Exchange Commission Commissioner Mark Uyeda admitted that the tokenization of assets, including the tokenization of securities, has potential benefits, and using digital tokens on the blockchain to represent asset rights can provide "security." , transparency and immutability”, tokenization eliminates the need for intermediaries, thereby simplifying transactions and reducing transaction costs.

Data: Farcaster's total number of users exceeds 500,000, and protocol revenue exceeds $1.79 million

According to Dune data, the decentralized social protocol Farcaster's total revenue has exceeded $1.79 million, currently reaching $1,793,557, and the total number of users has reached 507,380.

Farcaster co-founder: Warpcast has no plans for international expansion

According to a financial report, Farcaster co-founder Dan Romero responded to a user's comment on social media that "I hope Warpcast's core is not just English users" and said that Warpcast is an American team and has no plans for international expansion. The team believes that it can build an excellent client for English users, but does not have enough bandwidth to serve international users well. Phaver, Firefly App and supercast are clients that do well in international aspects.

Telegram game project Notcoin ends airdrop collection today

According to financial reports, Telegram game project Notcoin announced on the X platform that airdrop collection for players ended on Sunday, June 16, one month after the NOT token was launched on the open network. Developer Open Builders previously stated: "Some unclaimed tokens will be used for future development, and the rest will be burned."

Next week, tokens such as ID, PIXEL, and APE will be unlocked, with ID unlocking approximately $44 million.

According to financial reports, according to Token Unlocks data, tokens such as ID, PIXEL, and APE will be unlocked at once next week, with a total release value of more than US$88 million. in: ApeCoin (APE) will unlock approximately 15.6 million tokens at 8 a.m. Beijing time on June 17th, with a ratio of 2.48% to the current circulating supply and a value of approximately US$15.8 million;