Peter Thiel's fund leads the investment, Polymarket's valuation reaches one billion dollars.

prediction marketplatform Polymarket is about to complete a investment of over 200 million dollars, led by Silicon Valley investment tycoon Peter Thiel's Founders Fund, bringing the company's valuation to 1 billion dollars.
Polymarket raised a $200 million Series B, valuing the platform at $1 billion
According to sources cited by Bloomberg, Polymarket is about to complete a investment of over 200 million U.S. dollars, led by Silicon Valley investment veteran Peter Thiel's Founders Fund, bringing the company's valuation to 1 billion U.S. dollars.
Polymarket has previously raised over $100 million, including a $50 million investment earlier this year. Polymarket's competitor is
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Dogwifhat Price Prediction – WIF Pumps 40%, FOMO Buy Now or Wait For A Better Entry?

The Israel-Iran ceasefire has paved the way for another broader crypto market rally
Among altcoins, the popular Solana meme coin Dogwifhat (WIF) is once again among the top performers. The WIF price is up by nearly 40% since its Friday lows
Prominent analysts have flipped bullish with their Dogw
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Is Pi Coin Stuck? 3 Major Reasons Why the Price Doesn't Change

Pi Coin has been disappointing and this has caused many users to doubt its future. This once-promising currency has now left many feeling confused about what to do.
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GateUser-236c5b2bvip:
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The Iranian exchange Nobitex has released a roadmap for recovering from a security incident, which will restore services in three phases.

According to news from Shenchao TechFlow, on June 25, as per the official announcement, the Iranian exchange Nobitex plans to restore services interrupted due to a security incident in three phases. The first phase will start on June 25, where users can re-verify their identification through the web platform to ensure account security; the second phase will begin on June 28, where users who have completed verification will regain access to their accounts; the third phase, starting from June 30, will first restore the withdrawal function, followed by a gradual resumption of trading and deposit services.
Nobitex said the recovery process was slightly delayed than originally planned, due to regional tensions, physical access restrictions to data centers, unstable internet infrastructure, and frequent connection interruptions. The exchange promised to share a detailed technical report once the system was stabilized and stressed that it was prioritizing the safety of users' assets.
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Testing stablecoins with JD.com: Exploring the next rise in the Web3 industry.

> We are experiencing the "Suez moment" of stablecoins.

Written by: Niu Xiaojing

How much is a channel worth?

We start with an ancient yet groundbreaking story.

In 1859, the Suez Canal started construction, which took a full ten years to excavate an artificial waterway connecting the Mediterranean Sea and the Red Sea. At that time, it cost 416 million francs, equivalent to 1.5% of France's GDP. In today's terms, this is an investment comparable to a national-level infrastructure.

Why did we have to pay such a high price to dig an "artificial river" back then?


Once you look at a set of data, you'll understand:

Each ship passing through the Suez must pay about 250,000 USD.
18,000 to 21,000 vessels pass through each year;
Annual income exceeds 6 billion dollars;
Average daily revenue exceeds 1
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Best Crypto This Week: SUI, TRX, and ONDO Show Price Strength

All three tokens recorded notable daily gains: SUI up 3.35%, TRX up 0.86%, and ONDO leading with an 8.17% rise.
The sudden price surge of ONDO and an 8.63% increase in volume and a market cap/TVL ratio.
Cryptocurrencies are gaining popularity due to their implementation of machine learning.
As le
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Bank for International Settlements: Stablecoin failed the "three key tests" and cannot become the pillar of the coin

In the latest TechFlow news, on June 25th, according to The Block, the Bank for International Settlements (BIS) stated in its annual report released on Tuesday that Stablecoins failed to pass the "three key tests" to become the pillar of currency: singularity, elasticity, and integrity.
The report pointed out that Stable Coin, although it has advantages such as programmability, anonymity, and easy access for new users, its structure makes it unable to pass stress tests, because assets like Tether's USDT require "full prepayment" to increase. At the same time, since Stable Coins are usually issued by centralized entities and have inconsistent standards, they cannot achieve the "singleness" of currency coins.
BIS also warns that Stable Coins may undermine government coin sovereignty through 'implicit dollarization' and may facilitate criminal activities. Nonetheless, BIS is in favor of central bank reserves, commercial bank coin, and the tokenization of other traditional assets.
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$12 Billion Flows into XRP in a Day – What’s Behind the Surge?

XRP just had an explosive day. On June 23, its price soared from an intraday low of $1.96 to a peak of $2.24. At the time of writing on June 24, XRP is holding steady around $2.17 — but this isn't just normal market noise. A staggering $12.19 billion in capital entered the market in just one day!
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Solana's Bullish Glimmer: Parabolic SAR Signals Active Demand as SOL Seeks Rebound!

Beyond the Dip: Is Solana Poised for a Resurgent Rally? Decoding the Parabolic SAR Indicator's Bullish Message!
The cryptocurrency market has been a volatile landscape, with recent geopolitical tremors sending ripples of uncertainty across digital assets. Solana (SOL), a high-performance
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Why does XRP rise sharply today

XRP has risen 7.1% as investors shift towards riskier assets following potential interest rate cuts by the Fed and a ceasefire between Israel and Iran. Despite this increase, XRP remains down 6% compared to last month.
ai-iconThe abstract is generated by AI
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