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Galaxy Ventures Co-Leads Karta's $140 Million Series A Funding Round, Bullish on the Global Travel Credit Card Growth Trajectory

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June 18 — Galaxy Ventures and CIM Group co-led Karta’s $140 million Series A funding round, per official sources. The fintech startup has aggressive growth targets: it plans to scale its business 10x by 2025, quadruple both revenue and Total Payment Volume (TPV) by Q1 2026, and hit $1.2 billion in annualized TPV by year’s end. Karta’s key offering is a U.S. credit card for global travelers, delivering a premium financial experience that works without requiring a Social Security Number (SSN).
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SK Hynix Begins to Supply Next-Generation AI-Focused Memory 「HBM4E」 12-Layer Stack Samples

On June 18, SK Hynix announced it has supplied samples of its 12-layer HBM4E to key customers, according to Securities Times. This next-generation ultra-high-performance DRAM is built for artificial intelligence (AI), featuring a maximum pin speed of 16 Gbps, over 20% improved energy efficiency, and enhanced data processing capabilities to support AI training and inference.

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OKX will list RE spot trading and convert the pre-market contract into a standard perpetual contract

**June 18 Update: OKX to Gradually Launch RE Trading & Derivatives** OKX announced in an official statement on June 18 that it will roll out RE (Re) trading and derivative products in phases between June 18 and June 19. RE/USDT spot trading will go live at 22:00 (UTC+8) on June 18, with pre-market contracts being converted to standard perpetual contracts within three hours after the spot trading opens.

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trade.xyz launches MINIMAX with up to 10x leverage

June 18: Per official sources, trade.xyz has rolled out MINIMAX contract trading, supporting up to 10x leverage.

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KOSPI Rose 3.73% Intraday, Samsung Up 1.23%

June 18, according to Bitget market data: South Korea’s KOSPI index rose 0.83%. Intraday, Hynix surged 3.73% and Samsung gained 1.23%.

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Arthur Hayes bought 1,500 ETH from Cumberland

June 18 — According to OnchainLens’ monitoring, Arthur Hayes bought 1,500 ETH from Cumberland for approximately $2.63 million, and he may continue growing his position in the future.

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A certain whale address has been continuously withdrawing HYPE from the exchange and staking it, with a total value of approximately $91.67 million.

On June 18th, per EmberCN’s monitoring, the address 0xeef...00C withdrew roughly 136,500 HYPE tokens (worth ~$10 million) from OKX and other exchanges about 9 hours ago, then moved all of them to staking. Since the start of this month, this address has been steadily pulling HYPE tokens from multiple centralized exchanges (CEXs) and staking them, with a total of ~1.314 million HYPE (around $91.67 million) withdrawn and staked so far. Its average withdrawal price stands at approximately $69.7 per HYPE.

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