Trump's second son denies taking any position in the new company reportedly going public via a "backdoor listing" on the TRON network.

On June 17th, based on the monitoring by lookonchain, an early Ethereum participant sold 501 ETH (approximately $1.29 million) one hour ago after having been inactive for two years. This participant still retains 8,052 ETH (approximately $20.43 million).

On June 17th, according to data from Coinglass, the total liquidation across the network in the past 4 hours amounted to $195 million. Long positions were liquidated at $176 million, while short positions were liquidated at $19.30 million.

BlockBeats news. On June 17th, as per HTX market data, ZKJ witnessed a significant surge earlier this morning. It briefly exceeded $0.75 before retracing to $0.57. Its 24-hour increase reached 88%, and its market capitalization recovered to $179 million. Earlier today, the ZKJ team released a preliminary report on the token price crash, analyzing the more than 80% drop in the ZKJ token value on June 15th. The immediate factors identified include: a coordinated on-chain liquidity attack that led to a massive inflow of tokens, a large transfer by Wintermute to centralized exchanges, and cascading liquidations on these trading platforms. Polyhedra (ZKJ) co-founder Tiancheng Xie posted on social media, stating, "We will purchase more tokens. At present, we need to understand the current situation and must prevent similar financial attacks in the future."

On June 17th, as per farside monitoring, yesterday witnessed a net inflow of $83 million in FBTC, $41.4 million in BITB, $12.8 million in GBTC, and $4.8 million in Grayscale BTC.

On June 17th, JPMorgan Chase filed for the "JPMD" trademark. This has triggered market speculation that "JPMD" represents "J.P. Morgan Dollar" and may become the company's upcoming US dollar stablecoin. The scope of the JPMD trademark encompasses electronic funds transfer, securities brokerage, real-time tokenized transactions, custody services, and secure online financial transactions. The trademark application was submitted this Monday and is currently awaiting approval. JPMorgan Chase also recently announced that it will start accepting Bitcoin and other cryptocurrency-based ETFs as collateral for loans. If JPMorgan ultimately launches a stablecoin, it will be a significant step towards the crypto industry for a company that was once opposed to cryptocurrencies.

BlockBeats news on June 17th. Tiancheng Xie, the co-founder of Polyhedra (ZKJ), posted on social media, saying, "We will repurchase a greater number of tokens. At present, we need to understand the current situation well and must prevent similar financial attacks from happening in the future."