Sanctum Announces Beta Launch of Sanctum Profiles | Cryptocurrency Trends

1. Mainstream Exchange Trends:

• Coinbase to list BLAST. Trading will begin later today if liquidity conditions are met.
• Binance receives a virtual asset service provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA) for its local exchange Binance FZE in Dubai.

2. Cryptocurrency Trends:

• According to data from Dune, 12,269,880,534.62 BLAST have been claimed, accounting for 87.64% of the total airdrop. A total of 241,977 addresses participated in the claim.
• Citing industry executives, Reuters reports that BlackRock and seven other asset management firms are in the final stages of negotiations with regulators, with only minor amendments remaining. The U.S. SEC is expected to approve the Ethereum spot ETFs as early as July 4.
• The Eigen Foundation distributes an initial strategic grant to the Celo Foundation to support the utilization of EigenDA in Celo Layer 2.
• Singapore-based crypto investment firm QCP Capital says the options market appears unusually calm as the end-of-quarter options expiration date approaches this Friday. This is typically the time when the volatile sell-offs start to emerge.
• Cryptocurrency trading platform Bitstamp to delist Tether's EURT and other stablecoins that do not comply with the EU's new crypto asset laws by June 30.
• According to ultrasound.money, the total ETH supply has increased by 112,000 since April 14.
• Solana ecosystem liquidity staking protocol Sanctum announces on social media that it has launched the beta version of Sanctum Profiles.

3. Financing Trends:

• Ora, an AI blockchain project, raises $20 million in a funding round with participation from Polychain, HF0, Hashkey Capital, and others.
• Redacted, a Web3 entertainment gaming platform, raises $10 million in a funding round led by Spartan Group.
• Crossover Markets, a digital asset trading firm, raises $12 million in Series A funding led by Illuminate Financial and DRW Venture Capital.

4. Regulatory Trends:

• The Nigerian Securities and Exchange Commission (SEC) has given cryptocurrency exchanges and digital asset dealers 30 days to re-register their businesses or risk facing enforcement action.
• The U.S. Department of State offers a $5 million reward for information leading to the arrest of OneCoin founder Ruja Ignatova.