News

According to DefiLlama data, the total DeFi TVL across the network has fallen below $70 billion, marking a new low since February 24, 2024. This represents a decline of approximately 60% from the recent peak of $171.02 billion on October 7, 2025.

On June 30, Bloomberg reported that SpaceX's record-breaking initial public offering was originally seen as a significant opportunity for Korea's Mirae Asset Securities to expand its international investment banking business. However, due to a communication misunderstanding during the allocation process, the brokerage ultimately did not receive any allocated shares. Following the incident, Mirae Asset Securities has apologized to its clients, and Korean regulatory authorities have intervened to examine its related business processes and internal management.

On June 30, the German labor department released data indicating an unexpected decrease in the number of unemployed individuals in June. Seasonally adjusted, the unemployment count fell by 1,000, whereas economists had anticipated an increase of 7,000. The total number of unemployed individuals, not seasonally adjusted, dropped to 2.984 million, falling below the 3 million mark. The seasonally adjusted unemployment rate for June remained steady at 6.3%, the same as the previous month. Andrea Nahles, head of the German labor department, stated in a release: 'There are almost no signs of change in the labor market. The number of unemployed has only slightly decreased, while the number of jobs contributing to social security continues to show a slight downward trend.' Economists warn that the unemployment rate may rise in the coming months, as companies typically delay employment decisions in the face of geopolitical shocks such as the conflict in Iran. The total number of job vacancies registered by the labor department in June was 648,000, an increase of 16,000 compared to the same period last year.