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StableStock officially launched its leveraged spot trading feature today. Users can now directly use stablecoins to conduct leveraged spot trading on global market targets, accessing the real stock market through stablecoins.Leveraged spot trading supports zero interest for intraday trading: positions opened and closed before the end of the day's after-hours session do not incur interest, with only the overnight portion subject to interest calculation according to the rules, effectively reducing the holding costs for active traders. This covers major global markets, allowing for leveraged trading on over 700 targets, with a maximum leverage of about 10 times, including SK Hynix, Samsung Electronics, Zhizhu, and many popular US stocks; in addition to individual stocks, several short (inverse) ETFs are also included, providing options on both long and short sides.StableStock CEO Zixi stated: "Leveraged spot trading further connects stablecoin settlement with the real stock market, marking another step for stablecoins from being a settlement tool to becoming an entry point for real asset trading."Users must complete identity verification (KYC) and transfer funds to the leveraged account before use; interest calculation, forced liquidation, and other details are subject to the product page. Leveraged trading will amplify both gains and losses, so please use it cautiously.StableStock is supported by institutions such as YZi Labs, MPCi (Matrix Partners China), and Vertex Ventures, and currently supports trading on approximately 1,400+ global stock targets, with plans to continue expanding into more markets and categories.

According to CoinDesk, U.S. House Democrat Maxine Waters submitted an 11-page letter to the U.S. Department of Labor, requesting the withdrawal of a proposal that allows 401(k) retirement plans to invest in alternative assets (including private equity, private credit, real estate, commodities, and digital assets).Waters stated, "On one hand, the Department of Labor acknowledges that digital assets are suitable for the retirement savings of ordinary Americans, while on the other hand, the Securities and Exchange Commission (SEC) is still building investor protection mechanisms aimed at ensuring the safety of ordinary investors in these assets, which is inherently contradictory. The risks are not limited to the volatility of individual tokens (although the volatility is indeed significant); it reflects the general deterioration of the entire digital asset ecosystem, with trading activity, developer participation, and user engagement all significantly declining."Waters previously served as the chair of the House Financial Services Committee during the last Democratic administration, and if the Democrats win a majority in the U.S. House of Representatives after the November midterm elections, she may again serve as the chair of that committee.

The AI infrastructure platform B.AI disclosed its latest operational data on June 25. The data shows that the platform's daily token throughput has reached 15.37 billion, maintaining a high-load inference operation status for several consecutive days.In addition, the platform's API call proportion has risen to 99.6%, primarily supporting large-scale AI agents, automated processes, and enterprise-level core system applications. In terms of specific model ecosystem performance, the MiniMax M3 large model continues to rank first in call popularity.

According to Gate market data, the Nasdaq 100 Index turned negative, giving back a gain of up to 2.1%.

According to the official announcement, Bitget has launched perpetual contracts for two stocks: ZHIPU (ZhiPu AI) and MINIMAX (MiniMax).

According to on-chain analyst Yu Jin's monitoring, the largest long position holder on the Hyperliquid platform holds a long position worth $415 million through 7 addresses, including 120,000 ETH (approximately $271 million, with an opening average price of $2,261) and 2,000 BTC (approximately $144 million, with an opening average price of $72,134). With the recent price drop, the current unrealized loss has reached $91.46 million, close to $100 million.Due to the relatively low actual leverage ratio, there is currently no liquidation risk, with the ETH liquidation price around $1,160 and the BTC liquidation price around $47,000.

The Sun Wukong Ecology announced that it will hold a roundtable discussion today at 20:00 Beijing time at X Space, themed "High-Performance Open Source Model M3 Free Access! B.AI partners with MiniMax for exclusive full subsidies to accelerate the implementation of the Agent economy."It is reported that this event will feature special guests from MiniMax and industry KOLs, who will delve into how the exclusive subsidy program launched by B.AI in collaboration with MiniMax empowers complex Agent scenarios. Participants will focus on the dual reduction trend in development thresholds and costs for AI Agents under the "free access" model, analyzing its role in promoting the large-scale practical application of the Agent economy.

According to a report by Cai Lian She, AI company MiniMax (0100.HK) will see the first batch of shares unlocked after its Hong Kong stock listing on July 9, 2026. Before this date, its two core strategic investors, Alibaba and miHoYo, have both expressed their long-term optimism about the general artificial intelligence industry and MiniMax's development prospects, stating they will continue to accompany the company's growth and deepen ecological collaboration in areas such as cloud computing and enterprise services.It is reported that the founding team of MiniMax had previously voluntarily set a lock-up period of 12 months, so this first batch of unlocks does not involve the founding team or employee stock holdings. Public information shows that MiniMax was listed on the Hong Kong Stock Exchange in January this year, with a global user base of approximately 300 million and over 1 million enterprise and developer clients. The company released its new generation flagship model M3 this month and officially launched the IPO counseling process for the A-share Sci-Tech Innovation Board in May.

The MiniMax M 3.0 free computing power event launched by the B.AI platform on June 18 is now in the countdown phase and will end in 3 days. It is reported that new users who log in to the platform for the first time through Binance Wallet or Bitget Wallet can receive a reward of 1 million free Credits.In addition, during the event, the platform offers a recharge cashback mechanism. Users can receive a 1:1 equivalent Credits bonus for recharging on the BNB Chain, and a 1:0.5 ratio bonus for recharging on other public chains, with a maximum cumulative bonus limit of 100 USD equivalent per user. According to the information, the MiniMax M 3.0 model previously ranked first in the Artificial Analysis open-source model leaderboard.

According to an analysis by Tommy, there is a significant gap in valuation and revenue conversion for Chinese open-source AI companies, with their price-to-sales ratio (P/S) far exceeding that of leading counterparts in the United States.Data shows that Zhipu, which developed the GLM 5.2 model, currently has a market value of approximately $137 billion, but its revenue for the fiscal year 2025 is about $107 million, resulting in a price-to-sales ratio as high as 1280 times; MiniMax has a market value of about $23 billion, with a price-to-sales ratio of approximately 290 times. In contrast, the valuations of leading AI laboratories in the United States are more solid, with OpenAI (valued at about $852 billion) and Anthropic (valued at about $965 billion) having price-to-sales ratios of only 34 times and 21 times, respectively.It is believed that due to overseas users' concerns about data privacy, they are unwilling to send data directly to China, resulting in the massive demand for Chinese AI companies not being converted into actual API revenue, leading to significant profit loss to overseas third-party inference service providers (such as OpenRouter, etc.). To support their current high valuations, Chinese AI companies urgently need to prove their data non-retention mechanisms and capture the market at low prices, or explore revenue-sharing and initial licensing collaborations with overseas inference platforms to expand their actual revenue scale.

Court documents from the U.S. Department of Justice (Eastern District of California Prosecutor's Office) show that a federal jury found Daniel Chartraw (53 years old) guilty of multiple counts of cryptocurrency and investment fraud, involving losses of nearly $1 million. Between March 2021 and February 2022, Chartraw and his accomplices controlled several companies, including Crypto-Pal LLC and TDA Global LLC.Chartraw and his agents claimed that Crypto-Pal was an online cryptocurrency trading company that guaranteed high returns with no risk. Chartraw also repeatedly claimed that TDA Global was engaged in supplying aviation fuel to airlines or operated its own cryptocurrency trading platform. Chartraw used aliases to conceal his prior criminal record and lured victims to invest in the Crypto-Pal platform with the bait of "capital protection and high returns," subsequently misappropriating all the funds for personal use.Chartraw is scheduled to be sentenced by a senior judge of the U.S. District Court on September 28, 2026. Each count against Chartraw carries a maximum sentence of 20 years in prison and a $250,000 fine.

According to Greeks.live data, a total nominal value of $2.13 billion in BTC and ETH options is set to expire, with 31,000 BTC options expiring, a Put Call Ratio of 0.78, a maximum pain point of $65,000, and a nominal value of $1.9 billion; 138,000 ETH options are expiring, a Put Call Ratio of 1.03, a maximum pain point of $1,725, and a nominal value of $230 million.

The MiniMax M3, which topped the Artificial Analysis open-source ranking, has launched a 7-day limited free trial on B.AI. This open-source model, which integrates native multimodality, million-level ultra-long context, and top-notch coding reasoning capabilities, is now available for free to all users------Web users can log in to chat.b.ai to use the model for direct conversation, and developers can create an API Key through the API management panel to call it. Exclusive benefits are also ongoing; new users who log in to B.AI using Binance Wallet or Bitget Wallet can receive 1 million free Credits, and there are rewards for recharging (BNB Chain 1:1, others 1:0.5), with a maximum additional reward of $100 per user. As a one-stop platform aggregating leading AI globally, B.AI is the first to offer users a zero-threshold experience with MiniMax M3, easily handling complex codebase analysis, multimodal content generation, and ultra-long document processing, truly making top open-source capabilities accessible.

The B.AI platform will offer a limited-time free experience of the MiniMax M3 model starting from June 18 at 15:00 (SGT). This model has topped the Artificial Analysis open-source leaderboard, featuring native multimodal capabilities and a million-level ultra-long context, efficiently handling long documents, complex codebases, and video content. During the event, new users can log in to B.AI through Binance Wallet or Bitget Wallet to receive 1 million free Credits; additional recharge will enjoy point rewards, with BNB Chain recharges enjoying a 1:1 equivalent bonus, while other methods enjoy a 1:0.5 equivalent bonus, with a single user able to receive up to $100 worth of additional points. The countdown has begun, stay tuned.

According to Livecoins, the Brazilian House of Representatives' Finance and Taxation Committee (CFT) has approved a bill to penalize cyber fraud, authorizing the freezing of cryptocurrency balances of individuals under police investigation, and also proposing amendments to relevant provisions of the Penal Code to increase penalties for cybercriminals.Crimes committed through social media or phone will face harsher penalties, with those convicted of cyber attacks facing imprisonment of 6 to 10 years, up from the previous 4 to 8 years. Additionally, judges will have the authority to freeze suspects' assets in Bitcoin exchanges and bank accounts. Some preventive measures include freezing physical assets and prohibiting the use of payment systems. The bill will next be submitted to the Constitution and Justice Committee (CCJ) for review, which is expected to be completed in the coming days.

According to Gate market data, the Nasdaq 100 index turned negative, giving back a previous gain of up to 0.9%.

Cysic today announced a joint launch with MiniMax of the CyOps Arena AI Hackathon, offering a $5,000 prize pool open to developers, and providing an 80% discount on model token prices during the event to support more developers in building projects using MiniMax's new model M3.This hackathon focuses on AI Coding and long-cycle engineering tasks. Participants can use Cysic's multi-agent coding platform CyOps to collaboratively complete planning, development, review, and iteration, and build real engineering projects based on MiniMax's new model M3.The submission deadline for the CyOps Arena is June 15, EOD PT. Participants can complete real engineering tasks, submit projects, and participate in evaluations based on CyOps's multi-agent coding capabilities.Cysic is a computing power infrastructure project aimed at high-performance computing scenarios, while CyOps is its multi-agent coding platform launched for AI Coding and engineering automation.

0G Labs announced a partnership with the AI company MiniMax, aiming to bring cutting-edge AI models on-chain through verifiable and privacy-preserving computing technology.It is reported that the core model integrated in this collaboration is MiniMax's M3 model, which currently ranks first on the open-source model list of Artificial Analysis and tops the OpenRouter trend list. The official statement indicated that to support the launch of this collaboration, a limited-time free operation service for the model will be available from June 15 to 18.

Bitget launches the USDGO flexible wealth management product, offering up to 12% APR. Users do not need to lock their assets and can flexibly redeem and obtain holding income according to the rules.In addition, users can conduct two-way exchanges between USDT and USDGO through flash exchange. By holding USDGO for at least 14 days before exchanging back to USDT, users can receive slippage subsidies generated by exchange rate fluctuations, achieving zero-loss flash exchange.