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Quick Take The Cardano Foundation launched Veridian, a digital identity platform that uses open-source tools to verify identities and authenticate online communication. Launching alongside this new product is the Veridian Wallet, which lets users to manage their credentials, private keys and identifiers.
Quick Take U.S. Securities and Exchange Commission acknowledged Fidelity’s application for a spot Solana ETF, an incremental step that edges the product closer to approval. Solana, the seventh-largest cryptocurrency by market cap, fell 15% amid a broad market decline amid fallout from President Donald Trump’s tariffs.
PayPal has added support for Solana (SOL) and Chainlink (LINK) in the US, allowing users to buy, sell, and hold these assets directly.
- 15:28Data: Suspected B2C2 WLFI subscription address has received 400 million WLFIAccording to on-chain analyst Ai Yi (@ai_9684xtpa), the suspected B2C2 WLFI subscription address has just received 400 million WLFI tokens. This address has now become the seventh largest WLFI holder on-chain, excluding the project team.
- 15:19Analysis: The Institution That Subscribed to WLFI an Hour Ago May Be B2C2 GroupAccording to on-chain analyst Ai Yi (@ai_9684xtpa), the institution that subscribed to WLFI an hour ago may be B2C2 Group. This address previously spent 40 million USDT on June 4 to subscribe for 400 million WLFI at a cost of $0.10 per token, with the tokens being received three days after payment. To date, the cumulative investment in WLFI has reached $80 million. This cost is on par with the $25 million USDC spent by DWF Labs on April 9, which is 6.67 times the first-round subscription price ($0.015) and twice the second-round subscription price ($0.05).
- 15:19Market Update: US SEC Delays Decision on Grayscale Hedera ETFAccording to market sources: The US SEC has postponed its decision on the Grayscale Hedera ETF.