News

ChainCatcher reports, according to monitoring by Onchain Lens, multiple institutions/whales are purchasing HYPE. Among them, the Fansara Capital wallet “0x644” received 146,853 HYPE (worth 10 million US dollars) from FalconX. The newly created wallet “0x643” received 108,000 HYPE (worth 7.3 million US dollars) from FalconX.

According to ChainCatcher, CryptoQuant Head of Research Julio Moreno stated that transactions involving less than 0.01 BTC currently account for about 80% of the Bitcoin network's daily total transaction volume, which is significantly higher than approximately 44% in 2023. Moreno pointed out that this growth is mainly driven by on-chain data protocols based on OP_RETURN, such as Runes, Ordinals, BRC-20, and data timestamping services. These protocols generate a large number of small transactions, with some transaction sizes as low as 546 satoshis (about $0.35), thereby increasing the number of low-value transfers. Additionally, the Bitcoin network activity index has been rising steadily since January this year and has now reached the highest level since the end of 2024.

(1) Commonwealth Bank of Australia (CBA) announced on Friday the appointment of Victoria Ledda as Group Chief Information Officer and Rodrigo Castillo as Group Chief Technology Officer, with their appointments effective from July 1 (subject to regulatory approval). (2) Chief Executive Officer Matt Comyn stated that this move aims to deliver higher quality, safer, and more resilient technology to customers, further strengthening the bank's capabilities in digitalization, data, and artificial intelligence. (3) CBA has always positioned itself as an early adopter of AI, recently holding an internal summit attended by OpenAI CEO Sam Altman and appointing the country's first Chief AI Scientist in banking.