This week, there are relatively few projects unlocking tokens in the Web3 field, with only 5 projects releasing tokens. Among them, VENOM unlocked 59.31 million tokens (accounting for 2.8% of the circulation), worth about 9.49 million US dollars. The project uses the Byzantine Fault Tolerant consensus algorithm to improve transaction throughput through dynamic sharding. Mocaverse, a metaverse project under Animoca Brands, will unlock 44.08 million tokens (about 3.13 million US dollars). The project focuses on building Web3 native tools to support users to create digital identities and access the Animoca ecological network.

On June 22, according to CoinGecko data, Upbit's trading volume reached US$1.634 billion in the past 24 hours, among which the XRP/KRW trading pair ranked first in the Korean won trading market with a trading volume share of 12.86%. The other top five were: ETH, BTC, LAYER, and SNT.

The crypto market reflected significant losses as the US officially entered the Iran-Israel war late Saturday night. According to President Trump, the US has bombed notable nuclear sites in Iran, signaling its first active strike in this geopolitical conflict. The crypto market reacted with notable liquidations across the altcoin sector. Ethereum dropped over 5% following the news, trading below $2,300 for the first time in a month

According to CoinWorld, CNN reported that an important adviser to Iran's Supreme Leader Khamenei is calling for missile attacks on US naval ships and blocking the Strait of Hormuz, a key oil transportation channel. Hossein Shariatmadari, editor-in-chief of Iran's World newspaper, warned: "After the US attack on the Fordow nuclear facility, it is now our turn to act." As a well-known conservative voice, he has previously claimed to be the "representative" of Supreme Leader Khamenei. He said: "As a first step, we must launch missile attacks on the US Navy fleet stationed in Bahrain without hesitation or delay, and close the Strait of Hormuz to ships from the United States, Britain, Germany and France." At present, Supreme Leader Khamenei has not yet made an official response to the US attack on Iran's nuclear facilities.

UpTop responded to the Pre-TGE rush by saying that more than 58,000 addresses were suspected to be controlled by script studios to seize real user quotas; at the same time, about 41,000 real user addresses were identified. UpTop will launch a "real user compensation plan" to provide additional airdrop compensation to real users through on-chain behavior verification. Previously, more than 600,000 users lined up on the event page, and some studios bypassed the front end and directly called on the chain, causing widespread dissatisfaction.

This comes amidst escalating public conflict between U. S. President Donald Trump and FED Chairman Jerome Powell over interest rate policy.

Bitcoin liquidations surge while scarcity spikes and stablecoin reserves hint at a rebound setup.

According to CoinGecko data, Upbit's trading volume reached $16.34 billion in the past 24 hours. The XRP/KRW trading pair accounted for 12.86% of the trading volume, ranking first in the Korean won market. The top five currencies in terms of trading volume are: XRP, ETH, BTC, LAYER and SNT.

According to Cointelegraph, the number of ETH staked in the Ethereum network has reached a record high, with more than 35 million ETH currently locked, accounting for more than 28.3% of its total supply. This growth reflects the market's continued confidence and participation in the Ethereum 2.0 upgrade and its staking mechanism.

The World Foundation is issuing 1 million WLD retroactive rewards to early Mini Program developers. Eligible builders must meet the following criteria: have more than 10,000 verified unique users as of May 16, 2025; the product is still active in the ecosystem; and comply with the program guidelines and terms and conditions.