News

Foresight News reported that BitMine Chairman Tom Lee released key points from the BitMine shareholders' meeting. These include that the ETH/BTC ratio may surpass previous levels this year, indicating significant upside potential for BMNR; ETH may rise to $12,000 this year; BitMine will generate considerable income from ETH staking rewards and $1 billion in cash reserves; a $200 million investment will be made in Beast Industries under MrBeast; and 5% of the balance sheet will be allocated to moonshots, with potential investments reaching $700 million.

According to Jinse Finance, market data shows that AXS has surpassed $1.7, currently quoted at $1.68, with a 24-hour increase of 40.0%. The market is experiencing significant volatility, so please exercise proper risk control.

According to Odaily, Stellar has announced the upgrade of its community fund with the launch of Stellar Community Fund v7.0, aiming to accelerate ecosystem growth and help developers achieve scale more quickly. The fund has been in operation for six and a half years, and this upgrade follows the successful SCF Pilot vote through Soroban Governor, adapting to the network's maturity and developers' needs. SCF v7.0 will optimize and adjust the funding allocation method to encourage execution, speed, and delivery. Specifically, 10% of the funds will be paid at the time of the grant, 20% at the mid-development milestone stage, 30% at the advanced product readiness stage (testnet), and 40% upon mainnet launch verification and user experience readiness.