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SparkChain AI successfully raised $10.8 million, which will be used to expand its Decentralization AI computing network, optimize real-time processing, and establish partnerships. Its Sovereign Data Rollup architecture addresses the high costs and risks associated with traditional cloud systems, and the network is set to launch on a certain public chain.

[Chain News] On June 20, the DePIN project SparkChain AI announced the completion of a new round of financing amounting to $10.8 million, led by OakStone Ventures. The new funds will be used to support the expansion of its decentralized AI Computing Power network and accelerate its launch on the Solana Blockchain to develop a decentralized contributor network.
The decentralized artificial intelligence infrastructure of SparkChain AI supports the conversion of idle bandwidth and computing resources into AI Computing Power, reconstructing global unstructured data and monetizing it through a network composed of nodes, routers, and intelligent data processors.

According to market information, JD's Hong Kong stocks have fallen for the third consecutive day in the morning session, currently down 0.56%, with a stock price of 124 HKD.
Recently, Liu Qiangdong, the chairman of the board of JD Group, stated at a sharing session that JD hopes to apply for stablecoin licenses in all major currency countries globally.

[Chain News] PANews, June 20 - Tether CEO Paolo Ardoino announced the upcoming launch of the local Open Source password manager PearPass, emphasizing a complete abandonment of cloud storage and servers in response to the latest leak of 16 billion passwords. This tool will locally store the Secret Key on user devices, highlighting a security philosophy of "no leaks, no intermediaries, no dependencies."

[Bit推] According to news, Jump Crypto announced on its official website that the institution is making a fresh start, emphasizing its core contributions to projects such as Pyth, Wormhole, Firedancer, and DoubleZero, showcasing its strategic logic.
Jump stated that it will focus on both infrastructure and policy-making, and has submitted a comment letter to the U.S. SEC for the first time, calling for regulatory reforms in digital assets. The official said that the current resonance between policy and technological environment presents the "best opportunity to reshape the financial market infrastructure."

[Coin World] Jump Crypto published a lengthy article titled "Reintroducing Jump Crypto" on its official website. In the article, Jump Crypto stated: "Over the past few years, we have maintained a low public profile, but we have never stopped building... The reason for releasing this article now is that we believe it is the best time to build new financial rails and new coordination layers. This is not only a technical issue; policies are catching up as well. Policymakers and regulators are now open to the potential of the Crypto Assets industry... We are still here, we are still building, and we are still passionate about the future of this industry." The last time Jump Crypto published on the official website dates back to 2023.

On June 20, 【Block Rhythm】 LayerZero has launched the second vote on whether to turn on the "fee switch", which will determine whether to activate the LayerZero protocol fees for repurchasing ZRO and burning it. The voting will end on June 27.

[Golden Finance] reported that Jack Zhang, co-founder and CEO of the enterprise payment and financial platform Airwallex, posted on social media: the time has come to short Circle. Jack Zhang previously expressed doubts about the practicality of stablecoins in cross-border transactions of mainstream currencies. U.S. stock trading data shows that Circle's stock price rose to over $210 at one point this week, with a single-day rise of nearly 40%, and a market capitalization exceeding $48 billion.

The European Commission is requesting more information from Musk's X platform, focusing on its corporate structure changes. Previously, xAI completed the acquisition of the X platform, and the EU has identified deceptive design violations on the X platform, requiring it to add new disclaimers to avoid penalties.

[BitPush] According to reports, London-based Digital Bank giant Revolut is actively exploring its own stablecoin issuance plan. Revolut serves 55 million individual users and 500,000 business clients in 160 countries around the world, with a recent valuation reaching $48 billion. Revolut launched its EU region encryption trading platform Revolut X in 2024, and two sources confirmed that Revolut has engaged in cooperative discussions with at least one native encryption company regarding the stablecoin plan.

[Bitcoin] [Trump's frequent use of the "two-week" deadline in the five months of his presidency was criticized for being "weak and stupid"] Trump postponed the decision on whether to strike Iran until two weeks. Critics say Mr. Trump issued a series of deadlines in the five months since taking office, including for Russia and Ukraine and other countries that are negotiating trade tariffs, but those deadlines have either been suspended or pushed back. U.S. Democratic Senator Chris Murphy said on social media platforms: "I think war with Iran is a terrible idea, but no one believes this 'two weeks' narrative. He'd used it countless times before (as of date) and then pretended he might be doing something he didn't do. This will only make the United States look weak and stupid. Similarly, the market is always buzzing about Trump's TACO deal, which stands for Trump Always Chickens Out

On June 20 (UTC+8), at the SuperAI conference held in Singapore yesterday, Nicolaus Radford, CEO of Persona AI, said that humanoid robots will evolve into a platform ecosystem similar to Apple's "App Store" in the future, supporting third-party applications to download and perform tasks. For example, he says, "You might just need to download a Spotify app and have a robot in your home act as a DJ." Radford pointed out that although the current large model has "doctoral-level intelligence", it still lacks actual execution, "like giving a robot a brain but only a pen." Asia is leading the global trend in robotics applications. Radford cites data showing that more than half of the world's industrial robots are deployed in China; Singapore has the highest density of robots in the world, and South Korea's manufacturing industry is the same

This article introduces Little Pepe ($LILPEPE), a cryptocurrency with a price of less than $0.002, which is challenging the position of a trading platform (SOL) and Cardano (ADA) in the market as a Layer 2 blockchain token based on meme culture. Although a trading platform and Cardano, as a mature Layer-1 chain, have a strong ecosystem and liquidity, recent technical indicators show that their market momentum has weakened, and investor sentiment tends to be cautious. In contrast, Little Pepe, with its low price, zero transaction tax, fast transaction confirmations, and community-driven culture, has attracted a lot of attention and funding, and has raised more than $1.17 million in the presale phase. The project not only focuses on performance and scalability, but also combines meme virality and utility to build an Ethereum-compatible Layer 2

Anthony Scaramucci, founder of SkyBridge Capital, said at the DigiAssets 2025 conference that "SOL will surpass ETH" and stated that he has no special views on ETH, but he did not give a specific timeline for Solana's market capitalization to surpass Ethereum. Anthony Scaramucci added that he only got involved in crypto in 2020 and didn't really embrace Ethereum at the time, but just had a better understanding of Solana. Currently, Skybridge Capital holds nine-figure Bitcoin and Solana on the company's balance sheet, and about 40% of client funds are invested in digital assets, including Multicoin Capital and Brevan Howard

On June 19, it was reported that US President Trump said that Federal Reserve Chairman Jerome Powell should cut interest rates by 250 basis points.

[Chain News] PANews, June 19 – Digital asset infrastructure provider Fireblocks released the "2025 Stablecoin Status" report, indicating that 49% of institutions worldwide have used stablecoins for payments, and 41% are piloting or planning to use stablecoins.
The findings of this study are based on an online survey conducted by an external research company in March 2025. A total of 295 respondents (61%) were mostly corporate executives, while the rest were strategic, innovation, or product heads, or experts in payment, finance, compliance, or legal departments. They were employed by traditional banks, cryptocurrency service providers, challenger banks, or non-bank payment service providers, including merchant account providers and payment gateways.

[Coin World] The company Project Eleven, focused on the development of post-quantum cryptography, has completed a financing round of $6 million, led jointly by Variant Fund and the quantum technology investment firm Quantonation. The new funds will be used to develop tools that are resistant to quantum computing attacks, protecting the asset security of Bitcoin and other digital assets.