According to official sources, institutional level on chain commodity derivatives exchange Sphinx announced the completion of a $2 million Pre sed round of funding, led by Eckhardt Capital, Big Brain Holdings、Blockchain Founders Fund、Blizzard、TRIVE Ventures、Cosmos Hub、London Real Ventures、GS Futures， And Andrew Durgee, Stefan Rust, Zachary Keats and others participated in the investment. It is reported that Sphinx is an institutional level commodity derivatives exchange based on its own licensed Layer1 blockchain. It provides 24/7 direct access to futures, options, and perpetual contracts for oil, gas, and other energy commodities.

1. Trump announces Middle East ceasefire agreement, market sentiment rebounds 2. The Federal Reserve cancels the "reputation risk" in bank reviews, or supports the cryptocurrency industry 3. Cipher Mining launches 300 MW mine with expected hash rate of 23 EH/s in Q3 4. The cumulative trading volume of US spot Bitcoin ETFs has exceeded $1 trillion, with IBIT funds leading the way 5. Cardone Capital increases its holdings of 1000 BTC and plans to expand to 3000 BTC 6. European Central Bank President calls on lawmakers to pave the way for a digital euro 7. Nano Labs plans to apply for HKD and offshore RMB stablecoin business licenses 8. Zhao Changpeng talks about free education applications, claiming they can help 100 million people receive education The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/467728

Odaily Planet Daily News: Texas Senate Bill SB1498 has automatically come into effect on June 20, 2025 and will be officially implemented from September 1. The bill authorizes state governments to confiscate digital assets related to specific criminal offenses, including cryptocurrencies, stablecoins, and NFTs, and include them in the civil asset confiscation system. In addition, the bill also expands the definition of "gains" to cover the appreciation of assets from acquisition to confiscation, and stipulates that all confiscated assets must be transferred to an offline secure wallet supervised by law enforcement agencies or state prosecutors.

Ether rallied to $2,420 after President Trump declared a dual-phase ceasefire agreement between Israel and Iran that would bring an end to the 12-day conflict.

According to The Block, the Federal Reserve announced that it will remove "reputation risk" from its banking review criteria and instead use more specific financial risk indicators for assessment. This adjustment aims to provide clearer guidelines for banking regulation and may also enable banks to better serve digital asset companies and other participants in the cryptocurrency industry, as the industry has previously complained that "de banking" has hindered the development of cryptocurrency in the United States. The Federal Reserve emphasized in its statement that this move does not change the basic requirements for bank risk management, but will provide clearer regulatory guidance. Wyoming Senator Cynthia Loomis called it&34; Stage Victory&34; At the same time, it is pointed out that further efforts are needed to promote policy improvement. This decision aligns the regulatory standards of the Federal Reserve with those of the Office of the Monetary Authority (OCC) and the Federal Deposit Insurance Corporation (FDIC).