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IOSG Founding Partner: Project Teams' Median Cost for Listing on Top-Tier Exchanges Around $8 Million

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On June 19, IOSG Founding Partner Jocy posted that a token is essentially a form of debt, advising projects to “only issue tokens when absolutely necessary and delay issuance for as long as possible.” Based on IOSG’s internal analysis, between 2024 and 2026, the median total cost for projects to list on major exchanges is roughly $8 million, including structural costs like a security deposit. While this figure won’t apply to every project, it highlights a problem that flew under the radar during the last bull market: issuing a token isn’t the same as an exit—too often, it only amplifies future liquidity pressures. A project’s current fundraising valuation dictates what milestones it must hit over the next three years to uphold that valuation in the next market cycle. If those milestones can’t be met, the project shouldn’t seek additional funding.
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Trump Sets Tone on Iran Deal, Aiming to Refute U.S. Failure Narrative

June 19: The U.S.-Iran conflict may have de-escalated for now, but the fight over who comes out ahead is just getting started. Both countries are framing the memorandum of understanding signed by their leaders on June 17 as a victory for their own side. Analysts take the view that Iran has gained the upper hand, citing its new sanction waivers and reconstruction funds. By contrast, the U.S. only locked in the reopening of the Strait of Hormuz—a waterway that was already functioning normally before the recent tensions flared up. The U.S. also made concessions on the Iran nuclear issue, though Tehran had already put forward those same concessions earlier. The White House has distributed a talking-point memo to allies, seeking to spin this agreement as a political win. (FxStreet)

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K3 Capital Increases Ethereum Holdings by 10,000 ETH, Worth Approximately $16.92 Million

June 19: Per LookOnChain’s on-chain monitoring, a large crypto whale is continuing to accumulate Ether (ETH): Two separate ETH withdrawals from Binance were logged over the past two hours: - K3 Capital moved 10,000 ETH off the exchange, valued at roughly $16.92 million. - A wallet connected to F2Pool co-founder Wang Chun also withdrew 7,650 ETH from Binance during this same window, worth approximately $12.93 million.

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Amazon has canceled the release of the biographical film "Artificial" about OpenAI CEO Sam Altman and is seeking to resell it to another distributor.

June 19 – Amazon has pulled the film *Artificial* – which centers on OpenAI CEO Sam Altman’s brief 2023 ouster from the company – from its release calendar and is now seeking to sell the project to other movie studios. Directed by Luca Guadagnino, the movie casts Andrew Garfield as Altman and Yura Borisov as OpenAI co-founder Ilya Sutskever. Its plot has been compared to an AI-themed take on *The Social Network*. Early drafts of the screenplay reportedly framed Altman in a negative light, portraying him as power-hungry and manipulative. One scene includes a line from computer scientist Geoffrey Hinton describing Altman as “one of the most manipulative people on Earth.” According to reports, the decision to nix the release came after the film’s final cut leaned darker than initially planned. Mike Hopkins, the top executive overseeing Prime Video and Amazon MGM Studios, made the call following a test screening. The move arrives just months after Amazon’s $50 billion investment i

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Aave faced a withdrawal onslaught of $8.45 billion during the rsETH crisis, reigniting debate on DeFi risk management capability

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Analysis: Bitcoin Network Activity Approaching an All-Time High, Small Transactions and On-Chain Activity Drive Daily Transaction Volume Above 800,000 Transactions

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