Daily Report | Iran and Israel announce a formal ceasefire; Nano Labs signs a $500 million convertible note private placement for BNB strategic reserves

ChainCatcher Selection

2025-06-24 20:00:00

Collection

June 24 News Overview

Organizer: Jerry, ChainCatcher

Important News:

"What important events happened in the past 24 hours"

Nano Labs signs $500 million convertible note private placement for BNB strategic reserve
Nano Labs Ltd (NASDAQ: NA) announced that it has signed convertible note subscription agreements with multiple investors to issue a total of $500 million in convertible notes. The notes have a term of 360 days, with no interest accruing on the principal before maturity. Holders can choose to convert the notes into Class A common stock of the company during the term, with an initial conversion price of $20 per share.

Nano Labs plans to initially use this financing and private placement to acquire $1 billion worth of BNB, aiming to hold 5% to 10% of the total circulating supply of BNB for the long term.

Binance: Codatta Pre-TGE will launch on June 25 at 19:00

Binance announced that Codatta Pre-TGE will launch on June 25, 2025, at 19:00.

Binance Alpha and contracts will list DeLorean (DMC), Alpha airdrop will be distributed in two phases

According to official news, Binance will list DeLorean (DMC). Alpha trading will open on June 24, 2025, at 19:00, and contract trading will open at 21:00 on the same day. Eligible Binance users can use Binance Alpha points to claim 4,800 DMC tokens airdrop on the Alpha event page within 24 hours after trading starts.

The Binance Alpha airdrop will be distributed in two phases: Phase one (first 18 hours): Users holding at least 248 Alpha points can claim. Phase two (last 6 hours): Users holding at least 210 Alpha points can participate in the second phase airdrop, on a first-come, first-served basis, until the airdrop pool is exhausted or the event ends.

Binance Alpha Mango Network (MGO) claiming threshold is 210 points

According to the official announcement, Binance will list Mango Network (MGO), with trading starting on June 24, 2025, at 16:59 (UTC+8). Eligible Binance users can use Binance Alpha points to claim 1,666 MGO tokens airdrop on the Alpha event page within 24 hours after trading starts.

The Binance Alpha airdrop will adopt a first-come, first-served model, and users holding at least 210 Alpha points can participate in the airdrop until the airdrop pool is exhausted or the event ends.

Please note that claiming the airdrop will consume 15 Binance Alpha points. Users must confirm their claim on the Alpha event page within 24 hours, or it will be considered a forfeiture of the airdrop.

Upbit will list Newton Protocol (NEWT) trading markets for KRW, BTC, and USDT

Upbit announced that it will list Newton Protocol (NEWT) at 00:00 local time on June 25, supporting KRW, BTC, and USDT trading markets.

Iran and Israel announce formal ceasefire

On the 24th local time, Iran and Israel announced a formal ceasefire.

Bithumb will list HOME and NEWT KRW trading pairs

According to the official announcement, South Korean crypto exchange Bithumb will list HOME and NEWT tokens in the KRW market.

Trump: Israel and Iran proactively seek peace, both countries will usher in a prosperous new era

U.S. President Trump stated on social media that Israel and Iran reached out to him almost simultaneously to seek peace! I know the time is now. The whole world and the Middle East are the real winners! Both countries will reap endless love, peace, and prosperity in the future. If they stray from the path of justice and truth, they will gain much but also lose much. The future of Israel and Iran is limitless and full of hope. God bless both of you!

Binance Alpha NEWT airdrop first phase threshold is 241 points

According to the official announcement, Binance announced that Binance Alpha will list Newton Protocol (NEWT) at 21:00 on June 24. Eligible users can claim 125 NEWT tokens airdrop on the Alpha event page using Binance Alpha points within 24 hours after trading starts.

The Binance Alpha airdrop will be conducted in two phases: Phase one (first 18 hours): Users with at least 241 Binance Alpha Points can claim the airdrop. Phase two (last 6 hours): Users with at least 180 Binance Alpha points can participate in the second phase airdrop, on a first-come, first-served basis, with each person receiving 125 NEWT until the airdrop pool is exhausted or the airdrop event ends. Please note that claiming the airdrop will consume 15 Binance Alpha points.

"What are the interesting articles worth reading in the past 24 hours"

From fingerprint "revolution" to access control manufacturers, tearing apart the dual-sided drama of Humanity technology

Humanity Protocol has been lifted to the clouds by capital and vision, yet it teeters on the brink of collapse amid doubts and controversies.

From "standard configuration" to "burden": the foundation model is heading towards twilight

The real dilemmas of this idealized structure are gradually exposed, and the halo of foundations is rapidly fading.

During Trump's presidency, "litigation-style regulation" of cryptocurrencies did not stop

Although the Trump administration claimed to support cryptocurrencies, its enforcement stance against developers in key cases like Tornado Cash is not fundamentally different from that of the Biden administration.

Celestia faces multiple allegations, over $100 million in reserves fails to prevent ecological decline

Recently, a lengthy exposé revealed controversies surrounding Celestia executives cashing out, interest transfers, and public opinion manipulation, plunging this star project into public scrutiny. Although its co-founder responded that these statements are FUD, the undeniable fact is that Celestia's ecological activity and token performance have both seen a dramatic decline, and market enthusiasm has sharply cooled, facing severe tests of modular narratives.

Bitcoin "state-level HODL" has launched, why is Texas the first stop?

Texas has passed two bills to initiate a state-level Bitcoin accumulation strategy: on one hand, using public funds to purchase Bitcoin and establish an independent reserve fund; on the other hand, authorizing law enforcement agencies to seize involved crypto assets and lock them up long-term.

Forking Solana, Meme coin Gorbagana got active in just 48 hours

In this currently dull market, active grassroots have never been absent; perhaps what is lacking is just the spark to ignite their enthusiasm.

Is pump.fun now worth $4 billion?

In the bear market, can pump.fun's transformation into a "fast hand" lead to a resurgence?

From Tsinghua to Singapore, Hu Yilin envisions a Bitcoin-based world

More than a month later, the crypto market has changed drastically, many narratives have fallen, and industry leaders once revered have been brought down to earth. However, looking back at the organized interviews, Mr. Hu's thoughts based on the most fundamental logic allow us to regain the power of faith.

A summary of seven early airdrop opportunities in the Solana ecosystem

The popular project Fragmetric is about to submit its report; where should the funds be redirected?