fuse

According to official news, the DePIN project Fuse Energy based on the Solana chain announced the completion of a $70,000,000 Series B financing. This round of financing was led by Lowercarbon and Balderton, with the company's valuation reaching $5 billion.

According to Cointelegraph, the Office of the Comptroller of the Currency (OCC) released preliminary findings on Wednesday indicating that from 2020 to 2023, the nine largest banks in the United States imposed restrictions on financial services for politically sensitive industries, including cryptocurrencies.The OCC report noted that these banks made improper distinctions based on the legitimate business activities of their clients, either implementing restrictive policies or requiring enhanced scrutiny to provide services. The restricted industries, in addition to cryptocurrency issuers and exchanges, also include oil and gas exploration, coal mining, firearms, private prisons, tobacco, and adult entertainment.Comptroller of the Currency Jonathan Gould criticized that large banks are abusing government charters and market power. The OCC is continuing its investigation and may submit the findings to the Department of Justice. The banks under review include nine large national banks, such as JPMorgan Chase, Bank of America, Citibank, and Wells Fargo.

Fuse Energy announced on the X platform that the U.S. Securities and Exchange Commission (SEC) has issued a No-Action Letter regarding the Energy Dollar (ENERGY) token to Fuse Energy. ENERGY is the native utility token of the Energy Network, built on the Solana blockchain. The project white paper was released today, containing complete details.In the relevant announcement, the SEC stated: "Based on the facts presented, if Fuse issues and sells the tokens in the manner and circumstances described in your counsel's opinion letter, without registering under Section 5 of the Securities Act and without registering the tokens as equity securities under Section 12(g) of the Exchange Act, the Division will not recommend that the SEC take enforcement action. This position is based on the statements made to the Division in your counsel's opinion letter. Any different facts or circumstances may lead the Division to reach a different conclusion. Furthermore, this response only indicates the Division's position regarding enforcement action and does not express any legal conclusions on the matters described."

ChainCatcher news, according to Jinshi reports, the U.S. Supreme Court has refused to allow Trump to immediately dismiss Federal Reserve Board member Cook. The Supreme Court will hold a hearing on the dismissal case in January next year.

ChainCatcher news, NBA player Tristan Thompson revealed in an interview that he plans to launch an on-chain basketball project "Basketball.f Fund" before the start of the new season. This project combines fantasy basketball and prediction markets to enhance player value assessments through fan interaction. He also shared his prediction for Bitcoin prices, believing that by the end of 2025, Bitcoin could reach $150,000, and stated that if this goal is achieved, it would drive up the altcoin market, bringing substantial returns to investors by the end of the year.In addition, Tristan mentioned that he has been in the crypto space for over a year, focusing on long-term development, refusing to launch a personal token project, and committing to financial education and investment innovation. He hopes to take on an executive position at a top crypto company within the next six months, aiming to drive industry change through full-time involvement and achieve mass user adoption.Previously, it was reported that NBA player Tristan Thompson would launch the Web3 project basketball.fun, which will tokenize NBA players.

ChainCatcher news, according to a social media post, "Fed mouthpiece" Nick Timiraos stated that Federal Reserve Chairman Powell has taken a "strong defensive posture" regarding a potential rate cut in September.When asked the leading question, "What circumstances would trigger a rate cut in September?" Powell replied, "I won't provide a specific answer. We need to observe the evolution of the data; there are multiple possibilities. We will make decisions based on comprehensive data analysis and risk balance assessment."As the Potomac Research Company often says: If we are hungry, we will naturally eat.

ChainCatcher news, according to dynamic data from RootData X, in the past 24 hours:The ZORA token launch platform ZEME has attracted attention from Rainbow co-founder Mike Demarais, daos.world founder AzFlin, and others.The Solana smart wallet Fuse has garnered interest from Nansen CEO Alex Svanevik, Fuel co-founder and CEO Nick Dodson, Opensea CTO Chris Maddern, and others.The Web3 game studio [Proof of Play](https://www.rootdata.com/zh/Projects/detail/Proof of Play?k=OTA0OQ== "Web3 game studio") has caught the attention of MetaLeX founder Gabriel Shapiro.The MMORPG adventure game Spellborne has attracted the interest of Abstract contributor cygaar.The decentralized perpetual contract trading platform Dexari has garnered attention from SoSoValue co-founder Jiva Kwan, NFT collector Gmoney, and others.

ChainCatcher news, according to X user @chaoge_btc, Huang Tianwei, the founder of the AEX (Anyin) trading platform that collapsed in 2022, was released on bail by his family in Thailand at 19:00 on July 3. Since the platform's collapse, only three original large holders have managed to retrieve some of their assets. The platform has been operating since 2013, with users primarily being old OGs in the crypto space, holding a significant amount of user funds. Currently, Huang Tianwei continues to refuse any user requests to withdraw funds.On June 12, AEX founder Huang Tianwei was arrested at the police station in the Mae Sai district of Chiang Rai Province, Thailand.Previously, on July 14, 2022, the crypto trading platform AEX collapsed, shutting down withdrawal functions, citing short-term liquidity issues that prevented it from meeting user withdrawal demands. On July 17, 2022, AEX officially announced, "According to police requirements, we will suspend platform-related services at 15:32 (UTC+8) on July 17, 2022, and fully cooperate with the police investigation. Please wait for further announcements."

ChainCatcher news, according to Decrypt, the U.S. Supreme Court on Monday declined to hear the case of Harper v. Faulkender, which could have re-examined whether cryptocurrency exchanges must provide customer data to the government. This decision frustrates cryptocurrency companies like Coinbase, which had hoped the court would create a privacy exception for blockchain data similar to that for phone records. The case involves the "third-party doctrine," which has long allowed the government to obtain customer records from service providers like banks.The case involves James Harper, a Coinbase customer whose personal transaction data was obtained by the Internal Revenue Service (IRS) during a large-scale investigation. In this investigation, the IRS sought information on over 14,000 cryptocurrency accounts.

ChainCatcher news, according to Jinshi Data reports, during the first procedural vote on the "Too Big to Fail" bill in the U.S. Senate, Republican Senator Thom Tillis and two others cast votes against it. U.S. President Trump recently posted on social media: "It looks like Senator Thom Tillis, as always, wants to tell the nation that he is raising their taxes by 68%------instead of the largest tax cut in American history!"Trump stated, "The American people want tax cuts: no taxes on tips! No taxes on overtime! No taxes on Social Security! Deductible car loan interest! Border security! A strong military! And quality legislation that benefits farmers, manufacturers, and jobs! Thom Tillis is making a huge mistake for the great people of America and North Carolina!"

ChainCatcher news, according to Jinshi reports, Israeli military officials refuse to disclose whether the United States was involved in the attack on Iran, stating that operations are still ongoing; Israel has carried out targeted elimination operations against senior Iranian military officials.

ChainCatcher news, Coinbase stated on social media that hackers obtained some personal information of less than 1% of active users by bribing overseas customer service personnel, but passwords, private keys, or funds were not involved.Coinbase refused to pay the $20 million ransom and instead set up a $20 million reward fund to track down the attackers. Affected customers who are scammed and lose money will be compensated. Prime accounts were not affected, and the case is currently under investigation in cooperation with law enforcement.Coinbase officials estimate the losses from this ransomware incident to be between $180 million and $400 million.

According to ChainCatcher news, as reported by Jinshi, informed sources revealed that the United States recently rejected Japan's request for a comprehensive exemption of the 10% reciprocal tariff and tariffs on specific countries during negotiations.Sources stated that U.S. officials, including Treasury Secretary Mnuchin, indicated last week in Washington during talks with Japan's chief negotiator Akizawa Ryozo that the Trump administration intends to only reduce the specific country tariffs by 14%, which are suspended until early July.During the second round of negotiations, the U.S. emphasized that, depending on the progress of the talks, it would only consider extending the suspension measures for 90 days or reducing the tariffs by 14%. Tokyo has been seeking the complete elimination of reciprocal tariffs, a 25% automobile tariff, and a 25% steel and aluminum tariff from the U.S. Washington has stated that it will not negotiate on the global 10% base tariff or tariffs on automobiles and steel products.

According to ChainCatcher news reported by The Block, the Arbitrum Foundation, an Ethereum Layer 2 network, announced its withdrawal from the Nvidia-supported Ignition AI Accelerator program due to the chip giant's requirement that no mention of the collaboration be made in crypto-related announcements. The two parties had originally planned to establish an exclusive partnership, with Arbitrum being the only representative of the Ethereum ecosystem in the AI acceleration program.A spokesperson for the Arbitrum Foundation stated that Nvidia recently changed its stance, expressing a willingness to maintain the partnership but prohibiting public disclosure, which demonstrates its lack of long-term commitment to the crypto space. The accelerator program was intended to provide Arbitrum with AI development guidance and cloud service credits. Notably, another public chain, Aptos, still maintains its partnership with the accelerator. The foundation emphasized that the decision to withdraw was based on business considerations and that it will choose "partners that fully support blockchain innovation" in the future.

ChainCatcher news, according to Coindesk, the Swiss National Bank has refused to hold Bitcoin reserves, citing concerns over the liquidity and volatility of the cryptocurrency market. Swiss National Bank President Martin Schlegel stated at the central bank conference on Friday: "For cryptocurrencies, market liquidity may sometimes seem decent, but it is naturally called into question during times of crisis. Cryptocurrencies are also known for their high volatility, which poses a risk to long-term value preservation. In short, it can be said that cryptocurrencies currently do not meet our high requirements for monetary reserves."

ChainCatcher news, according to Decrypt, Miami-based crypto company Unicoin has been asked by the SEC to reach a settlement by April 18 for allegedly violating securities registration and anti-fraud regulations, but the company's CEO Alex Konanykhin refused to compromise, stating that he will respond through the courts.The SEC accused it of distributing the token UNIC through an airdrop, misleadingly claiming that it "has asset backing" and "complies with SEC regulations," and allegedly reselling restricted securities without exemption. Konanykhin called the accusations "a push from personnel left over from the Gensler era" and plans to countersue the SEC for causing billions of dollars in losses.

ChainCatcher news, according to Chainwire, Layer 2 payment blockchain Fuse announced a partnership with cybersecurity giant Check Point Software Technologies (NASDAQ: CHKP) to jointly develop and deploy the industry's first real-time threat defense system for blockchain.The system utilizes AI-driven technology to identify and block malicious transactions in real-time before threats occur, elevating blockchain security from post-event detection to real-time prevention.

ChainCatcher news, according to Cointelegraph, investment analysts and leaders in the crypto industry believe that President Trump's executive order to establish the "U.S. Strategic Bitcoin Reserve and National Digital Asset Repository" will serve as a catalyst for the broader adoption of Bitcoin. Bitwise Research Director Ryan Rasmussen predicts that this will create a ripple effect, with other countries and private investors investing in Bitcoin with greater confidence. He emphasized, "The ultimate goal has never been 'the U.S. government buying all the Bitcoin in the world.'"Rasmussen stressed that large institutional investors, such as wealth management firms, financial institutions, and pension plans, now have "no reason" not to increase their exposure to Bitcoin and other crypto assets recognized by the Trump administration. He pointed out that as selling pressure diminishes, the likelihood of the U.S. government and states purchasing Bitcoin has increased, and he clearly stated, "The U.S. government's holding of Bitcoin would reduce the likelihood of the government banning Bitcoin to zero."

ChainCatcher news, Sonic Labs co-founder Andre Cronje posted on the X platform that Coinbase has refused to list the token S for 8 years, the reason is completely incomprehensible, and launching the token on Base actually has very "crypto" characteristics.