CryptoQuant founder advises Strategy to suspend cryptocurrency purchases until cash reserves and dividend coverage are restored.

SK Hynix announced plans to raise up to 45 trillion won (approximately $29 billion) through an American Depositary Receipt (ADR) listing. The ADRs will go public in July, with proceeds earmarked for constructing factories in South Korea and purchasing EUV equipment.

Israeli opposition leader and former Prime Minister Naftali Bennett publicly acknowledged on June 23 that during his term in office from 2021 to 2022, his administration purchased tens of thousands of SpaceX Starlink satellite receivers and secretly smuggled them into Iran to support anti-government protesters in their bid to overthrow the Iranian regime. Bennett noted that the current Netanyahu government has failed to sustain the initiative, marking the first time an Israeli official has publicly confirmed such operations. Iran has repeatedly accused Israel and the U.S. of smuggling satellite equipment into the country to undermine its national security. Starlink has not obtained operational approval in Iran, though Elon Musk previously stated the service was already available in the country. The report also revealed a broader landscape of Israel’s intelligence operations against Iran. The Mossad has long used technical means to hack into surveillance and traffic cameras in Iran, combining AI technology and satellite imagery to build intelligence profiles. In the April 2026 Hezbollah pager bombings, the Mossad pre-planted miniature explosives in thousands of devices in advance, killing and wounding multiple mid-ranking commanders. That same month, a large number of U.S.-made core communication devices in Iran suffered a mass outage, forcing the authorities to frequently implement international network isolation. Politically, Israel’s next general election is scheduled for no later than October this year. Netanyahu’s approval rating has fallen from 40.5% in early March to 29.4%. Bennett stated that if he returns to power, he will work to overthrow the Iranian regime through measures including economic sabotage and industrial disruption.

According to Hyperinsight’s monitoring, TSMC is reportedly set to raise its advanced process foundry prices by 5% to 10% during its massive capacity expansion, and will disclose the latest progress on AI chips. Susquehanna also raised TSMC’s price target to $575 today, boosting and recovering TSM’s stock price. TSM contracts on the Hyperliquid platform are currently trading at $446, up 1.2% in 12 hours. TSM briefly dipped near the on-chain long positions’ average entry cost of $437.5 yesterday before rebounding, recovering above the cost line and putting overall long positions back into positive territory. The largest on-chain TSM short whale holds a 3x leveraged TSM short position worth approximately $1.13 million, with an average entry price of $414.28. The current mark price is about 7.7% above its cost line, resulting in an unrealized loss of roughly $81,100 (-20%), and its liquidation price stands at $559.37. Total on-chain aligned short positions amount to around $3.28 million, while opposing long positions are approximately $1.37 million. Address: 0xe9ffe7698f46f96f980f2877e18c43f5b4165903

Bitget has listed 7 stock spot products including rSCHD (US Dividend Stock ETF), rYUM (Yum! Brands), rASST (Strive), and rDHI (D.R. Horton), covering popular sectors such as finance and consumer goods. It is reported that rTokens, identified by the format of the letter "r" plus the stock ticker (e.g., NVIDIA is rNVDA), are issued by Reality, a licensed RWA (Real-World Assets) protocol under Bitget. Through cooperation with regulated brokerage firm Alpaca, these tokens directly connect to global liquidity pools including the Nasdaq and New York Stock Exchange. Key features include: 1:1 reserve of underlying assets held by licensed custodians, 1:1 distribution of stock dividends in token form, support for synchronous mapping of corporate actions (such as stock splits and consolidations), and the eligibility of holdings as combined margin for unified accounts and USDT-denominated contracts, enabling users to flexibly manage their funds while holding global stock assets.

According to official announcements, decentralized full-asset trading platform Vanta has secured a multi-million dollar seed funding round, led by leading TradFi (Traditional Finance) platform Vantage, with strategic backing from multiple investors including Orderly Co-Founder. Founded by a core executive team formerly from Binance, OKX, and Bitget, Vanta aims to build an on-chain trading platform covering multiple asset classes: crypto assets, stocks, commodities, indices, and forex. On the product front, Vanta has launched Smart Trading and AI trading assistant features to enhance the on-chain trading experience. Its public beta kicked off on June 24, with users participating in trades and activities during the beta period eligible for double points rewards.

Five U.S. Senate Democratic lawmakers, including Elizabeth Warren and Richard Blumenthal, sent a joint letter on June 23 urging multiple Senate committees to hold an immediate hearing on the $500 million investment by UAE officials in Trump family crypto project WLFI, to investigate whether the investment influenced subsequent Trump administration policy decisions toward the UAE. The letter revealed that an agent of an Abu Dhabi royal family member signed an agreement with the Trump family to acquire a 49% stake in WLFI for $500 million, with the deal closing four days before Trump’s inauguration. The foreign buyer paid an upfront $218 million to entities linked to the Trump family and Middle East chief diplomat Steve Witkoff. The transaction was reportedly backed by UAE National Security Advisor Sheikh Tahnoon bin Zayed Al Nahyan, with lawmakers calling the move “unprecedented in U.S. political history.” Of greater concern is the policy trajectory following the deal. As outlined in the letter, within months of the agreement, the Trump administration made a series of decisions clearly favorable to the UAE: approving a $1.4 billion arms sale to the country; the Treasury Department launching the “Known Investors Pilot Program,” paving the way for a fast-track CFIUS review long sought by the UAE; and the Commerce Department rolling back Biden-era chip export restrictions, authorizing UAE AI firm G42 to acquire 35,000 Nvidia Blackwell chips in a deal worth over $1 billion. However, U.S. intelligence officials reportedly discovered that G42 had provided U.S. technology to China that could be used to enhance missile capabilities. The senators demanded Trump administration officials “explain under oath when they learned about payments to the president’s family and his top regional diplomat” and outline steps to restore public trust. To date, neither WLFI nor the UAE government has responded to requests for comment on the matter.