KTA Market Cap Surpasses $397 Million Briefly, Hitting an All-Time High

On June 4th, the cross-chain aggregation DeFi platform Infinex announced that the first season of Yaprun will airdrop 1 billion μPatrons to users of the Kaito ecosystem and distribute them to sKAITO and YT-sKAITO holders. Genesis NFT holders (that is, Yapybara NFT holders) will receive additional rewards. The snapshot is scheduled for June 5, 2025, at 23:59 UTC. Addresses holding sKAITO or YT-sKAITO and also holding a Yapybara NFT will receive a 10% bonus airdrop, which will be available for claiming within 24 hours after the snapshot. μPatrons are the fractional units of Infinex Patron NFT, with 1 μPatron being equal to one-millionth of a Patron NFT.

On June 4th, Matrixport issued a daily analysis stating, "The newly elected South Korean President, Lee Jae-myung, is actively pushing forward a series of cryptocurrency reform measures. He clearly supports the legalization of a spot Bitcoin ETF, the issuance of a stablecoin pegged to the Korean won, and the relaxation of restrictions for institutional investors to enter the crypto market. Additionally, Lee Jae-myung plans to revise the current regulations on exchanges and establish a 'Digital Asset Committee' to promote the formulation and implementation of policies such as the 'Digital Asset Basic Act.' These measures are intended to follow the global financial development trend, enhance South Korea's financial sovereignty, and accelerate the integration of digital assets into the mainstream Korean economy. Although the regulatory environment is becoming increasingly friendly, the local cryptocurrency trading activity in South Korea remains relatively weak, and the President's reform

On June 4th, Resolv (RESOLV) is going to be listed on Binance Alpha and Binance Futures. Binance Alpha will list Resolv (RESOLV) on June 10th at 21:00 (Coordinated Universal Time + 8), and Binance will list the RESOLVUSDT perpetual contract on June 10th at 21:30 (Coordinated Universal Time + 8), with a leverage of up to 50 times.

On June 4th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), the dormant Chainlink-related address recharged 79474 LINK to Coinbase five years ago, which was approximately $1.12 million. If sold, the return on investment (ROI) could reach 1958%. These tokens were received from multiple addresses between October 2018 and February 2020, and the cost at that time was only $0.6865. The recharge price was $14.13. If sold this time, a profit of $1.06 million would be made.

On June 4th, Ethereum founder Vitalik responded to the viewpoint that "cross-chain interoperability has been resolved at the infrastructure level" by saying, "In my opinion, unless cross-L2 operations can achieve censorship resistance, trustlessness, and non-intermediation similar to intra-L2 operations, the problem remains unsolved. I refer to it as the 'No-Regress Principle': Unless the new thing possesses the core properties that are identical to native ETH transfers on L1, we have not yet reached that stage."

On June 4th, SlowMist issued a security alert. The Android banking Trojan "Crocodilus" has recently launched attacks targeting global cryptocurrency users and banking applications after a recent upgrade. The main threats include: - Spreading through fake browser updates in Facebook ads. - Using overlay attacks to steal login credentials. - Extracting cryptocurrency wallet mnemonic phrases and private keys. - Injecting fake "bank support" numbers into the contact list. - Malware as a Service, which is available for rent (priced at $100-300 per attack). Users are reminded to avoid unknown app updates and ad links.