AiCoin Daily (June 29th)

According to News.bitcoin, the latest TRM cryptocurrency crime report shows a surge in cryptocurrency theft cases in the first half of 2025, with at least 75 attacks resulting in over $2.1 billion stolen, almost equal to the total in 2024 and surpassing the first half record set in 2022. However, the report shows that the $1.5 billion Bybit hacking incident that occurred in February accounted for nearly 70% of the total losses. Apart from the huge losses in February, January, April, May, and June were the only four months with losses exceeding $100 million. Only the loss in March was less than $100 million. The report concludes that "in the first half of 2025, crimes committed by groups related to North Korea accounted for $1.6 billion of the total stolen funds, approximately 70% of all stolen funds." At the same time, the TRM team found that infrastructure attacks such as private key and mnemonic theft or front-end intrusion accounted for over 80% of stolen funds in the first half of 2025. On the other hand, protocol vulnerabilities account for 12%, highlighting the persistent vulnerabilities in DeFi smart contracts.

BlockBeats news, on June 29th, Gemini announced that it has started offering tokenized stock trading to EU clients, with the first tokenized stock being MicroStrategy (MSTR), and will launch more tokenized stocks and ETFs in the coming days.

According to BlockBeats, on June 29th, according to CME's "Federal Reserve Watch" data, the probability of a 25 basis point rate cut in July is 18.6%, and the probability of keeping interest rates unchanged is 81.4%. The probability of the Federal Reserve keeping interest rates unchanged until September is 8.6%, the probability of a cumulative 25 basis point rate cut is 74.8%, and the probability of a cumulative 50 basis point rate cut is 16.6%. The next two FOMC meetings of the Federal Reserve will be held on July 30th and September 17th, respectively.

On June 29th, according to Nansen data, the top five public chains with active addresses in the past 7 days were Solana (22.775 million), BNB Chain (9.74 million), Tron (6.265 million), Base (6.127 million), and Aptos (4.259 million).

10x Research has released a report stating that its regression model indicates that despite the strong upward trend of Coinbase's stock price, its valuation is overvalued. Recently, the stock price of Coinbase has continued to rise under multiple favorable factors. Coinbase (stock price above 7-day moving average ->bullish, also above 30 day moving average ->bullish, with a 1-week change of+47.8%) was driven by Bernstein's target price increase to $510, citing its stablecoin business and institutional services; The Senate passed the GENIUS Act, which increased transparency in stablecoin regulation and pushed its stock price up 5.5% to $374.97; The perpetual futures of Bitcoin and Ethereum, which are regulated by the United States, will be launched on July 21st, further fueling investors' enthusiasm; The successful IPO of Circle and the revenue sharing between Coinbase and USDC have consolidated its market position and supported price increases.