SHELL Buyback Address has once again withdrawn 1 million tokens from Binance, and the buyback progress has reached 81.2%.

June 12: According to Onchain Lens monitoring, a newly created crypto wallet deposited 749,216 USDC into HyperLiquid and opened a 25x-leveraged position, taking a long position of 10,768 ETH with an approximate value of $18 million. The liquidation price for this position is $1,645.93, which is less than 2% below the current market price.

June 12 Update: Algorithmic stablecoin MIM has suffered a depeg on Arbitrum, per Blockaid’s monitoring. Transaction prices for MIM along its execution path are currently trading between $0.91 and $0.92, attributed to insufficient liquidity or imbalances in Arbitrum liquidity pools. On-chain data indicates MIM’s cross-chain current price ranges from $0.871 to $0.874, representing an approximately 11% decrease over the past 24 hours.

June 12 — Industry sources tell us OpenAI CEO Sam Altman has nixed his planned trip to Abu Dhabi. He was scheduled to meet with leaders from Mubadala, G42, MGX, and the Abu Dhabi National Oil Company as the company gears up for its debut on the public markets. The last-minute cancellation comes amid rising regional tensions tied to the Iran conflict. No clear explanation for the change has been given, and OpenAI has not responded to requests for comment. Click the original link below to join the BlockBeats · Feishu AI News Channel, where you can get 24/7 updates on global AI trends and news.

### U.S. Stock Market Alert: SpaceX’s Historic IPO and Key Post-Listing Milestones (June 12) Today, the U.S. stock market will kick off the largest IPO in history: SpaceX. Ahead of its debut, the firm’s stratospheric valuation has become a top topic of market debate. For medium- to long-term investors, however, two critical milestones post-listing bear close watching: 1. **Roughly July 6–7 (15 trading days post-IPO):** NASDAQ’s new "Fast Entry" rule—created specifically for ultra-large-cap new issues—will assess whether SpaceX qualifies for inclusion in the NASDAQ 100 Index. If approved, passive funds totaling $80–180 billion will flow directly into SpaceX. 2. **Early-mid August (around August 11):** SpaceX is expected to release its Q2 earnings report. Two days after the earnings call, the stock will face its first major lock-up period expiration, with ~10–15% of available shares hitting the market to create significant selling pressure. While large lock-up expirations often trigg

June 12 — On-chain analytics platform LookOnChain reports that the wallet linked to F2Pool co-founder Wang Chun has withdrawn an additional 15,740 ETH from Binance in just two hours, valued at roughly $26.4 million. Prior to this transaction, Wang Chun’s associated address had pulled out 9,719 ETH on June 5 and 17,560 ETH on June 6, per the data.

June 12: CryptoRank data shows early-stage crypto funding — covering angel, pre-seed, and seed rounds — continues to weaken. Since Q2 2024, the number of funding rounds has dropped 63%, while total capital raised has fallen by 50%. As of Q2 2026, early-stage crypto funding stood at just $2.9 billion across 63 rounds, the lowest level in the tracked statistical period. There was a brief rebound in Q3 2025, hitting $6.45 billion across 103 rounds, but the overall downward trend remains intact. CryptoRank points out the gap between early and late-stage crypto funding is widening, as investors increasingly favor larger, more mature projects.