📱 Solana Mobile Unveils Seeker Phone and TEEPIN Platform

🚀 Solana Mobile is set to disrupt the mobile phone ecosystem with two major announcements: the launch of its Seeker phone on August 4 and the introduction of a new platform called TEEPIN, which will feature an ecosystem token.

📦 The Seeker phone, previously known as Chapter Two during its pre-order phase, was announced in January 2024 as the successor to Saga, Solana Mobile's first phone released in April 2023. Over 100,000 units were ordered, with more than half paid for using stablecoins.

🌐 With this launch, Solana Mobile aims to challenge the existing mobile duopoly by introducing its Trusted Execution Environment Platform Infrastructure Network (TEEPIN). This platform seeks to create an open alternative to current ecosystems controlled by gatekeepers who dictate monetization and app permissions.

🗣 Emmett Hollyer, General Manager of Solana Mobile, emphasized the need for change in mobile ecosystems:

Current mobile ecosystems weren’t built for the web3 economy. Users have a clunky experience and limited access to real innovation.

He highlighted that TEEPIN consists of three layers: hardware, distribution, and verification, enabling decentralized apps to reach users globally without excessive restrictions or fees.

💬 Hollyer also mentioned the decentralization of their dapp ecosystem control, allowing users to have a say in curation. He expressed enthusiasm for expanding access to their platform on other devices, stating they are

excited to work with OEMs to implement their software on more platforms.

📉 Ethereum's DeFi Dominance Declines as Rivals Rise

📊 The total value locked in decentralized finance (DeFi) is approximately $117.856 billion. Ethereum, which once held over 56% of this value at the end of 2024, has seen its share decrease to 51.24% by May. Despite still leading in areas like total value locked, NFT sales, and tokenized U.S. Treasuries, its dominance is being challenged by other blockchains.

📉 In February 2021, Ethereum commanded over 91% of the DeFi market. However, this figure has dropped to 53.68% today, a decline of 37.32%. At the start of 2025, it held 56.38% but has since lost 2.7%, reaching a low of 51.24% earlier this month.

🚀 Competitors like Solana, Bitcoin, Tron, and Binance Smart Chain (BSC) are gaining ground. According to defillama, Solana holds 7.99% of the total value locked, followed by Bitcoin at 5.67%, Tron at 5.64%, and BSC at 5.44%. Other networks such as Base, Arbitrum, Sui, Avalanche, Hyperliquid, and Berachain are also climbing the ranks.

🌐 The DeFi ecosystem is maturing, with Ethereum's early lead being gradually eroded by emerging competitors. While it remains a key player, the shifting landscape indicates a more diverse future where another dominant chain could potentially rise to challenge Ethereum's position.

🔄 This trend suggests that innovation and adoption are spreading across a wider array of contenders rather than being concentrated in a single chain.

📊 Bitcoin Proxy Metaplanet Stock Shoots 18% As Japan Debt Crisis Worsens

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🌍 Binance CEO Highlights Regulatory Clarity for Crypto Adoption

💬 Binance CEO Richard Teng recently emphasized the importance of regulatory clarity for the widespread adoption of cryptocurrency. In a post on social media platform X, he stated that clear rules are essential for shaping the future of the financial sector. Teng urged policymakers to pursue regulations that foster innovation, protect consumers, and facilitate global competitiveness.

Clear rules = mass adoption … Policymakers who understand this will shape the next decade of finance,

he wrote. He further explained that the crypto industry needs frameworks that support technological progress while ensuring user safety.

📉 Teng also pointed out that countries could have reduced budget deficits by holding strategic crypto reserves, citing Bitcoin's performance in recent years. He noted that even those who sold their holdings now recognize the missed opportunities.

⚖️ His remarks come at a crucial time for crypto policy in the United States. There has been significant legislative activity in Congress aimed at defining digital asset oversight. President Donald Trump has also expressed support for the crypto sector, indicating a shift from past skepticism. Changes within the U.S. Securities and Exchange Commission (SEC) and other regulatory agencies suggest a move towards more crypto-friendly policies.

💱 Revolutionizing Remittances: XDC Network and Bitso Business Join Forces

🤝 XDC Network has partnered with Bitso Business to transform U.S.-Mexico remittance flows through a blockchain-based payment framework. This initiative targets the $63 billion inbound remittance market in Mexico and the $70 billion outbound volume from the U.S., leveraging XDC’s ISO 20022-ready blockchain infrastructure and Bitso’s fiat liquidity across Latin America.

🚀 According to XDC’s Amitava Mandal, this collaboration marks

a major leap

in integrating blockchain technology into mainstream finance. The system facilitates multi-currency exchanges (USD-MXN), ensures instant transaction settlements, and integrates smoothly with SMEs and fintechs.

🌍 The partnership prioritizes financial inclusion, interoperability, and real-world impact by enabling tokenized transfers and enterprise integration throughout Latin America.

🚨 Breaking: Strategy Acquires 705 BTC For $75M, MSTR Stock Drops

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🚀 Bull market energy is rising — but who will truly onboard the next wave of real users?

While most chains chase DeFi hype, Sophon is taking a different route: fusing entertainment, AI, and modular ZK tech to make blockchain invisible — and irresistible.

Built on zkSync’s ZK Stack, Sophon has already processed 60M+ transactions, sold 120K+ node licenses, and partnered with major players across gaming, ticketing, AI, and sports.

📈 As the bull run heats up, could this be Web3’s next breakout ecosystem?

🔍 Know more on CoinEx: https://www.coinex.com/s/4HQX

💰 Classover's Strategic Move: Building a Solana-Based Treasury Reserve

📅 On June 2, Classover, a Nasdaq-listed online educational platform, announced a securities purchase agreement to issue up to $500 million in senior secured convertible notes. This initiative is part of its strategy to establish a Solana (SOL)-based treasury reserve. The company plans to conduct an initial closing and funding of $11 million once standard closing conditions are met.

🔗 The agreement stipulates that Classover must allocate up to 80% of the net proceeds for purchasing SOL. By doing so, Classover becomes one of the few publicly traded companies prioritizing SOL over bitcoin for treasury reserves. CEO Hui Luo emphasized the significance of this move, stating,

This agreement marks a significant milestone in the Company’s strategic initiative to build a SOL-based treasury reserve.

📈 Other listed companies that have opted for SOL include DeFi Development Corp. and SOL Strategies Inc.. The secured convertible notes from Classover can be converted into the company’s Class B common stock at an initial conversion price set at 200% of the closing price on the trading day.

💼 This latest agreement adds to Classover’s previously announced $400 million equity purchase agreement, potentially boosting its total financing capacity to $900 million. Prior to this, the company had already begun its SOL reserve strategy by purchasing 6,472 SOL for approximately $1.05 million.

🚀 Federal Reserve's Commitment to Clear Digital Asset Regulations

🗣 The Federal Reserve is intensifying its efforts to clarify regulations surrounding digital assets, aiming to foster innovation in cryptocurrency and financial technologies. During a speech at Georgetown University, Vice Chair for Supervision Michelle W. Bowman highlighted the need for clearer oversight as part of her initiative to modernize regulatory practices.

🔍 Bowman emphasized that uncertainty in current supervisory guidance has hindered banks' ability to innovate, particularly in areas like digital assets and artificial intelligence. She pointed out that previous regulations often created confusion, stating,

Uncertainty in supervisory expectations has long been an obstacle to banks seeking to innovate.

To address this, she pledged to review existing guidelines to remove any that impede technological progress without enhancing safety.

💬 Bowman also referenced past initiatives, such as the Fed’s “office hours” sessions, which aimed to provide transparency and encourage dialogue between regulators and financial institutions. She suggested revisiting these formats to facilitate better communication regarding digital assets.

🔗 Looking forward, Bowman stressed the importance of balancing innovation with prudent oversight. She remarked,

Just as it is imperative that banks innovate to remain competitive in the future, it is critical that bank supervisors enable the adoption of new technologies in a manner consistent with safety and soundness.

This approach reflects the Federal Reserve's commitment to support the evolving landscape of financial technology while ensuring regulatory frameworks are clear and effective.

🌍 Ron Paul Warns: BRICS 'Rio Reset' Could Dismantle Dollar Supremacy

🚨 Former Congressman Ron Paul has raised alarms about the upcoming BRICS summit, scheduled for July 6-7, 2025, in Rio de Janeiro. He claims that the BRICS nations—Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran, and the UAE—are poised to launch the "Rio Reset", a plan aimed at challenging the U.S. dollar's dominance in global trade. Paul stated,

The BRICS alliance is preparing their ‘Rio Reset’ this July – exactly the challenge to dollar hegemony I’ve been predicting.

💔 Paul warns that this initiative could have serious repercussions for the U.S. economy. A decline in the dollar's status as the world's reserve currency could weaken its purchasing power and destabilize retirement accounts, pensions, and government benefits. He cautioned,

When fiat money faces competition, Americans discover the true cost of endless money printing.

📈 In a message on Birch Gold Group, Paul elaborated on the BRICS summit:

In July, the BRICS nations will meet in Rio de Janeiro to unveil their most ambitious plan yet: To create an alternative to the dollar-based financial system that has dominated global trade for 80 years.

He noted that the last major shift in the global financial system occurred when the U.S. dollar replaced the British pound as the dominant reserve currency. Paul remarked,

Today, it’s the dollar that’s on the way out.

💰 He emphasized the importance of gold as a safeguard against currency devaluation, stating,

Gold represents real, honest money that can’t be manipulated or devalued.

He urged individuals to consider transitioning their retirement accounts into gold-backed options.

🌐 The BRICS bloc has been actively working to reduce its reliance on the U.S. dollar. While establishing a single BRICS currency is not their primary goal, the group aims to expand trade settlements in local currencies. In April, Russia reported that national currencies accounted for over 65% of trade among BRICS countries, while the dollar's share had fallen to one-third.

🤼‍♂️ Musk vs. Trump: A High-Stakes Showdown

📉 The ongoing feud between Elon Musk and Donald Trump has created a stir in both markets and social media. Musk, the CEO of Tesla and SpaceX, has openly criticized Trump's "Big Beautiful Bill" (BBB), calling it a "disgusting abomination" and a "massive, outrageous, pork-filled Congressional spending bill." His remarks caused market fluctuations, including a brief dip in Bitcoin's value.

💥 In response, Trump claimed he could have won the election without Musk's support and accused him of being resentful over changes to electric vehicle legislation. He even suggested cutting federal subsidies for Musk's businesses. This exchange has fueled activity in prediction markets, with one bet giving Musk a 9% chance of announcing a presidential run in 2025 and another assigning a 17% probability of him launching a new political party by the end of 2025.

🔮 Competing prediction platform Kalshi also reflects the drama, with traders estimating a 40% chance that Trump will revoke Musk's security clearance and a 24% likelihood that Musk will follow through on forming a political party.

🎭 The Musk-Trump conflict has become a spectacle, drawing attention like a reality show. As markets react and prediction sites buzz, millions are captivated by this theatrical display of ego and insults. In a world filled with serious issues, this sideshow continues to dominate the spotlight.

🚨 Crypto Stakeholders Raise Concerns Over ‘Gensler-Era’ Provision in CLARITY Act

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The bull market is here—and AI tokens are leading the charge.

As capital flows back into crypto, a new narrative is taking shape: onchain AI agents.
Forget hype—this is real infrastructure. Two major ecosystems are defining the space:

On Base, Virtuals Protocol is powering a new kind of commerce. Agents don’t just assist—they operate. Virtual storefronts, automated services, NFT-driven loops. It’s not just AI. It’s autonomous economies.

On Solana, ElizaOS is building personal AI wallets—agents that act on your behalf, manage assets, and interact with dApps. Solana’s high throughput enables real-time agent execution. It’s fast, cheap, and user-native.

One leans toward services. The other, self-sovereignty.But both are onchain. Both are growing fast.

At CoinEx, you can trade the most promising AI assets leading this wave—VIRTUAL, ELIZA, FET and more.
Low fees, deep liquidity, seamless experience.

🧠 Don’t just watch the AI agent era unfold.
📈 Trade it.
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🪙 Neo Pepe: The Meme Coin Revolutionizing the Crypto Space

🌟 Meme coins have taken the crypto world by storm, often driven by internet humor and community engagement. However, Neo Pepe ($NEOP) distinguishes itself by offering utility, decentralized governance, and a strategic presale structure. This article explores what makes Neo Pepe unique, its presale mechanics, and how it compares to other meme coins.

🔑 Neo Pepe combines functionality with its playful branding. Key features include:

- Decentralized Governance: Through the Neo Pepe DAO, token holders can create proposals and vote on decisions, ensuring community control.
- Immutable Smart Contracts: These contracts prevent centralized control and include transparent fee structures and auto-liquidity features.
- Fun and Functionality: While prioritizing utility, Neo Pepe maintains a lighthearted community atmosphere.

📈 The presale of Neo Pepe is structured to reward early participants. It consists of 16 stages with increasing prices, encouraging early contributions. For example, Stage 1 starts at $0.054 per token and rises to $0.126 by Stage 10. This system promotes loyalty and market stability.

🤔 Compared to other meme coins like PEPE, Dogecoin (DOGE), and Shiba Inu (SHIB), Neo Pepe offers a robust DAO and balanced tokenomics, making it an attractive option for serious investors.

🚀 Neo Pepe is more than just a crypto project; it's a movement. By joining its presale, participants gain access to discounted tokens and become part of a decentralized future. Don't miss the opportunity to be part of this revolution. Join the Neo Pepe Coin Presale today!

🚨 Breaking: US SEC Delays Decision On Grayscale Spot Hedera ETF 🌐

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🌍 XRPL: A Rising Stablecoin Hub in Global Fintech

🚀 The XRP Ledger (XRPL) is emerging as a significant player in the global fintech landscape, attracting major stablecoins and enhancing XRP's role as a liquidity engine. On June 12, Ripple highlighted the increasing presence of fiat-backed stablecoins on the XRPL, showcasing the protocol's growing importance in digital finance.

💡 Ripple pointed out that XRPL is maturing into a platform for tokenized financial products and cross-border settlements. The company stated,

A wave of new fiat-backed stablecoins are now live on the XRP Ledger including USDC, XSGD, EURØP, RLUSD, and USDB, accelerating institutional adoption and expanding the utility of XRP.

USDC, issued by Circle, offers a dollar-pegged option for enterprise payments. RLUSD, Ripple's stablecoin, recorded $500 million in Q2 volume. XSGD is tied to the Singapore dollar, while EURØP provides euro-denominated payments. USDB targets FX and remittance activity.

🔗 Ripple emphasized XRP's crucial role:

The XRPL’s native digital asset XRP retains a pivotal role, supporting stablecoin use cases by enabling efficient liquidity between assets.

The XRPL also features Permissioned Domains and Multi-Purpose Tokens, enhancing its support for regulated asset issuance and multi-currency applications. This combination positions XRPL as a key infrastructure layer for blockchain-based finance.

🚨 Just In: Donald Trump Truth Social Files for Dual Bitcoin and Ethereum ETF

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💰 Bitcoin Donation Scandal Rocks Czech Coalition Government

🚨 A bitcoin donation exceeding $46 million from convicted criminal Tomáš Jiřikovský to the Czech Ministry of Justice has triggered a crisis within the coalition government, leading to a no-confidence vote initiated by opposition parties on June 17. The scandal forced a minister's resignation just four months before parliamentary elections.

📰 Jiřikovský, whose criminal history includes embezzlement, drug trafficking, and illegal arms possession, has sparked public outrage with his donation to Prime Minister Petr Fiala’s government. Opposition figures have accused the government of being "involved with the underworld."

📢 Prime Minister Fiala acknowledged the situation during a session in the Chamber of Deputies, admitting it created an "unnecessary problem that could have been prevented" and shaken public trust in state institutions. He promised a thorough investigation to restore confidence, stating,

We are not sweeping anything under the carpet; we are ready to respond to any information that appears or will appear.

❌ Despite the uproar, the no-confidence vote is unlikely to succeed as the opposition holds only 91 votes, 10 short of the 101 needed. Vít Rakušan, chairman of the Mayors’ Association and Minister of the Interior, announced that his STAN movement would not support the vote to oust the government. He emphasized the importance of serving the best interests of the Czech Republic over short-term political gains.

🕒 Parliamentary debates are expected to continue late into the night of June 17 and possibly extend into June 18. Meanwhile, the new Minister of Justice, Eva Decroix, has committed to clarifying the circumstances surrounding the donation. A preliminary sequence of events will be published after government discussions, with an audit anticipated by the end of July.

🇷🇺 Russia and Belarus Achieve 98.8% De-Dollarization in Trade

🌍 The global trend of de-dollarization is accelerating as countries strive to diminish their dependence on the U.S. dollar for international trade. Russia and Belarus have nearly completed their transition to using national currencies for mutual transactions, with Deputy Prime Minister Alexei Overchuk announcing at the St. Petersburg International Economic Forum that this shift reached 98.8% in the first quarter of 2025. He stated,

We are increasing the share of mutual payments in national currencies... we have completely shifted to mutual payments in national currencies.

📈 Overchuk also emphasized the significant growth in bilateral trade between the two nations, which has risen from $35 billion to nearly $51 billion over the past five years. He noted a 3% increase in trade turnover compared to the previous year, highlighting that Russia is Belarus's main trading partner.

⚖️ While some analysts believe this de-dollarization strategy could provide greater monetary sovereignty and protect against external financial disruptions, others warn it may restrict access to global financial markets and complicate international trade beyond their partnership. Supporters argue it could strengthen economic ties between Russia and Belarus, promoting deeper integration within the Eurasian region.

🌐 This movement is not limited to Russia and Belarus; countries in blocs like BRICS, the Shanghai Cooperation Organization (SCO), and ASEAN are increasingly conducting trade in local currencies. This shift aims to reduce exposure to sanctions, exchange rate volatility, and U.S. monetary policy shifts. China is advocating for yuan-based trade, while India, Malaysia, Turkey, Argentina, and Zimbabwe are expanding bilateral currency agreements. This reflects a broader pursuit of monetary sovereignty and financial resilience amid geopolitical uncertainties.