MANTRA DAO Initiates Survey Vote to Solicit Feedback on Team Token Burn Execution

Robinhood Chain has quickly emerged as one of the most active public blockchains in the crypto market just one week after its launch. Official data shows that in its debut week, the chain processed over 17 million cumulative transactions, had nearly 350,000 active addresses, a protocol Total Value Locked (TVL) of around $250 million, and cumulative decentralized exchange (DEX) trading volume exceeding $1 billion. Notably, its single-day volume hit $568 million on Wednesday, with 24-hour DEX volume reaching roughly $433 million—surpassing Hyperliquid to rank fifth across the entire network. Driven by the booming ecosystem, meme coins on Robinhood Chain have posted strong performance: Cash Cat’s market cap topped $180 million, while tokens including Dog In Hood, Hoodrat, and Robinhood Summer saw gains of several to even dozens of times. Reports highlight that one trader turned $800 into over $1 million, while another user grew $85 to $2 million. As Robinhood Chain’s underlying technology provider, Arbitrum (ARB) has benefited significantly, with ARB surging approximately 20% on the day. Per its mechanism, Robinhood Chain will allocate 10% of its protocol net revenue back to the Arbitrum ecosystem. However, reports note that Robinhood Chain’s current activity remains primarily driven by meme coins, and whether it can smoothly transition to application scenarios like Real-World Assets (RWA) as part of Robinhood’s long-term plan remains to be seen.

Against a backdrop of rising concerns over insider trading in prediction markets, multiple Wall Street investment banks are tightening trading permissions for their employees on prediction market platforms. Reports indicate that Goldman Sachs has banned employees from trading contracts related to the bank itself, financial markets, macroeconomics, elections, and geopolitical events. Morgan Stanley has also formulated trading policies for employees on prediction markets, while Bank of America is rolling out new trading restrictions for its staff. Earlier, the U.S. Department of Justice (DOJ) and Commodity Futures Trading Commission (CFTC) disclosed that a Google software engineer profited roughly $1.2 million on Polymarket by using non-public information obtained through his work, further stoking insider trading concerns in the market. Meanwhile, Polymarket is seeking to expand its U.S. operations. Its affiliate, Coming Home GBA LLC, has applied to the U.S. National Futures Association (NFA) to become a Futures Commission Merchant (FCM), with plans to offer margined prediction trading services to U.S. users in the future. However, the business still requires CFTC approval. A related affiliate of rival Kalshi obtained the relevant qualification back in March this year. Data shows that Polymarket hit a single-day trading volume record of $713 million on June 20; Kalshi’s June monthly trading volume also reached nearly $9.4 billion. Driven by the 2026 World Cup, prediction market trading activity continues to rise.

According to Lookonchain’s monitoring, a trader who previously noted he missed the rallies of ANSEM, CZ, and TCC successfully participated in meme coin CASHCAT. However, due to selling 20 million CASHCAT too early, he only pocketed $2,803 in profit, missing out on roughly $3.6 million in potential gains. The trader later repurchased 7.7 million CASHCAT, and currently holds 900,600 CASHCAT valued at approximately $162,000. To date, his cumulative profit from CASHCAT totals around $396,000.

According to Iran's Fars News Agency, the Secretary of Iran's Supreme National Security Council stated that any attack on Iran will result in retaliation targeting Israel as well, noting that Israel, which is behind the hostile actions, will never evade responsibility. Earlier, Israel's i24 News reported that two Israeli sources revealed Iran currently has no intention of dragging Israel into the escalating regional situation.

Backpack has announced the launch of the world’s first 24/7 real U.S. stock trading market for international investors, allowing users to trade and hold actual U.S. stocks around the clock rather than synthetic derivatives. The first batch of listed assets includes SpaceX (SPCX), Micron (MU), and SanDisk (SNDK). Backpack stated that the platform offers actual equity ownership, leverages liquidity from traditional exchanges, supports instant settlement and continuous price discovery, and enables deposits in fiat currencies and stablecoins.

Backpack has announced the launch of the world’s first 24/7 real US stock trading market for international investors, allowing users to buy, sell and hold actual US stocks around the clock rather than synthetic derivatives. The first batch of listed assets includes SpaceX (SPCX), Micron (MU) and SanDisk (SNDK). Backpack noted that the platform provides actual equity ownership, leverages liquidity from traditional exchanges, and supports instant settlement, continuous price discovery, as well as fiat and stablecoin deposits.