Welcome to this week’s AVA and crypto market update! This update covers news from 13 June-19 June 2025.

Crypto Market Update

The top stories from the broader market:

⚠️ 16 Billion Passwords Leaked: News of the biggest password leak in history has been reported, with Apple, Google, Telegram, Facebook, and more affected. 30 exposed data sets containing 16 million to over 3.5 billion records each were breached. The advice is to update your important passwords and enable 2FA now.

⚖️ Senate Passes GENIUS Act Bill: The US Senate passed the bill on Tuesday with a 68-30 vote. The bill is the first major digital asset legislation to be approved by the Senate and aims to regulate stablecoins. The bill now heads to the House, where it is expected to take some reconciling with the STABLE Act bill proposed by the House before being enacted into law.

💵 JPMorgan Piloting Deposit Token: America’s biggest bank is piloting its deposit token, JPMD, on Base. This will operate within the traditional banking framework and allow Coinbase’s institutional clients to access JPMD for transactions following the pilot.

AVA Updates

In this week’s round-up of AVA news:

🔼 Bookings Bounce Back: AVA bookings have shot back up over the last 7 days, recording a 100%+ increase across Smart discounts, AVA booking figures, and AVA booking volume.

💵 Binance Earn: Enjoy up to 6% APR with AVA Flexible Products on Binance Earn. More info

Weekly AVA Metrics

Below are the key $AVA metrics from the last 7 days:

💼 Total AVA holders (Travala + on-chain): 41,075 (+0.36%)

🤝 Total AVA Smart Program members: 67,965 (+1.29%)

🔒 Total AVA locked in the AVA Smart Program: 9,411,300 (+0.26%)

💰 AVA givebacks last 7 days: 25,838 AVA worth $15,126 (-7.26%)

🛍 Total saved via Smart discounts last 7 days: $13,159 (+143%)

✈️ Number of room nights & flights booked with AVA last 7 days: 192 (+111%)

💱 Dollar (USD) value of AVA travel bookings last 7 days: $39,262 (+176%)

Tune in next week for the latest news!

AVA Foundation

The information provided in this article is for general informational purposes only and is not intended to be, nor should it be construed as, financial, investment, trading, legal, or tax advice. Nothing contained herein constitutes an offer to buy, sell, or hold any cryptocurrency or asset, nor does it recommend any specific investment strategy or financial instrument.