Polymarket Eyes $200M; Kalshi Raises $185M

️ On today's Top Picks:

Crypto News

• ⭐️ Polymarket to reportedly raise $200M at $1B valuation; capital expected to support its expansion and regulatory efforts; previously raised $45M in Series B funding in May 2024.

• Invesco & Galaxy files S-1 with US SEC to launch spot Solana $SOL ETF; this is the 9th spot Solana ETF filing by asset managers.

• Chainlink $LINK partners with Mastercard $MA to enable cardholders to buy crypto directly onchain; Zerohash to supply compliance technology while Swapper Finance, Shift4 Payments, XSwap, and Uniswap to support an “intuitive user experience.”

• World Liberty Financial $WLFI to be transferable/tradeable soon; team teases "Big news coming soon" on X.

• Kraken secures MiCA license from the Central Bank of Ireland; to offer products & services across all 30 EEA member states.

• Republic introduces Mirror Tokens, a new type of tokens tied to the performance of the world’s most valuable private companies; to launch the first offering rSpaceX on Solana $SOL.

Alpha

• ⭐️ Fogo to launch Public Testnet soon; Fogo Co-founder Robert Sags posted "Still targeting a date before “Constitution Day."

• Abstract launches new flash badge; claim by going to Sugartown and burning an energy card.

• Succinct posts "Succinct summer is here 🌴" on X; to launch Testnet Stage 2.5 tomorrow.

• YO to lower points multiplier for yoVault deposits from 5x to 3x on June 26th; teases more news later this week.

• Jumper launches Explore Lens campaign; earn a share of 50K GHO, earn 3 JLP XP for each completed mission, and earn 15 bonus JLP XP if all missions are completed.

• Eclipse posts "We look forward to publicizing more information about tokenomics and the airdrop. Checker/TGE soon" on X; to launch $ES airdrop soon.

• INTMAX to launch mainnet on June 26th; INTMAX is a stateless Ethereum Layer 2, combining privacy, speed, and self-custody.

Airdrops

• Weekly Airdrop Recap by Earndrop.

• Newton launches $NEWT airdrop claim; Newton users before June 12th, Newton active community members (Portal, Guild, Discord) before June 12th, & more are eligible.

• Humanity launches $H airdrop claim; Humanity users, Kaito Yappers, & more are eligible.

• ⭐️ Sahara launches $SAHARA airdrop eligibility & allocation checker; Sahara points holders, Sahara Legends campaign participants, & more are eligible; claim on June 26th.

• Binance launches $SAHARA HODLer airdrop; BNB Simple Earn and/or On-Chain Yields product subscribers from June 18th to June 21st are eligible.

• ⭐️ Fragmetric to launch $FRAG airdrop eligibility & allocation checker on June 26th; Fragmetric points holders, TOPU & Mad Lads NFT holders, & more are eligible; claim on July 1st.

• Weekly Airdrop Recap (June 14th) by Earndrop.

• Quick Airdrop Updates by Alpha Drops.

Finance News

• US President Trump considers naming Federal Reserve Chair Powell’s replacement as soon as this summer “in a bid to undermine” him.

• Metaplanet $3350.T buys an additional 1,234 Bitcoin $BTC for ~$133M at ~$107,557 per BTC; now holds 12,345 BTC worth ~$1.3B.

• SharpLink Gaming $SBET buys an additional 12,207 Ethereum $ETH for ~$30.7M at ~$2,513 per ETH; now holds 188,478 ETH worth ~$471M.

• ProCap buys 3,724 Bitcoin $BTC at ~$103,785 per BTC; buys an additional 1,208 BTC at ~$105,977 per BTC; now holds 4,932 BTC worth ~$532M.

• The Blockchain Group $ALTBG.PA buys an additional 75 Bitcoin $BTC for ~€6.9M; now holds 1,728 BTC worth ~$186M.

• NYSE files to list Truth Social Bitcoin $BTC & Ethereum $ETH ETF by Trump Media and Technology Group $DJT; ETF holds BTC & ETH in a 75:25 ratio with Crypto[.]com as the custodian and liquidity provider.

• GameStop $GME raises an additional $450M via convertible notes offering; to use funds to buy additional Bitcoin $BTC.

• Nano Labs $NA to raise $500M via convertible notes agreement; to use funds to launch $BNB strategic reserve.

• Nvidia $NVDA surpasses Microsoft $MSFT in market cap to become world's most valuable company.

Security and Exploits

• Unphishable, an interactive Web3 anti-phishing training platform, to launch on July 1st; complete all challenges to potentially win rewards.

• Fake Hyperliquid ads appear on Google search results; the ads drain crypto wallets through malicious transaction signatures.

• US House of Representatives ban WhatsApp for congressional staff members on government-issued devices; cites lack of transparency, absence of stored data encryption, and potential security risks.

• WinRAR patches vulnerability that allowed malware to be executed after extracting a malicious archive; affects the Windows version of WinRAR from version 7.11 and older.

Token Unlocks

• Blast $BLAST / ~$23M / JUN 26th
• Across $ACX / ~$15M / JUN 30th
• Optimism $OP / ~$31M / JUN 30th
Sourced from Tokenomist

Funding

• ⭐️ Kalshi raises $185M in Series C funding led by Paradigm.

• Digital Asset raises $135M in Strategic funding led by DRW & Tradeweb.

• Zama raises $57M in Series B funding led by Pantera Capital & Blockchange Ventures.

• Yield raises $5M in Strategic funding from Multicoin Capital.

• dKloud raises $3.15M in funding from several investors.

• Makina raises $3M in Strategic funding from several investors.

• Rebind raises €1.6M in Pre-Seed funding led by Greenfield Capital.

The Degen Farmer