Today
2025/06/02

BitoPro released an announcement confirming that it has encountered a Hacker attack: it will publicly disclose a new Hot Wallet Address for external verification.

After BitoPro was recently attacked by a Hacker, it immediately activated an emergency mechanism to transfer assets to a new Wallet and block the attack, ensuring that user rights are not affected, maintaining normal operations, and publicly disclosing the new Wallet Address for verification.
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Sharplink Gaming's stock price fell over 20% in pre-market trading, with a rise of 1,918.26% over the past 5 days.

On June 2, SharpLink Gaming's stock price fell more than 20% in pre-market trading, with a rise of up to 1918.26% over the past 5 days. The company plans to issue up to $1 billion in common stock to A.G.P. through an ATM sales agreement, primarily for purchasing Ether, ETH, and other uses. Previously, a private sale of $425 million was conducted, with major investors including well-known encryption venture capital firms such as Consensys Software Inc.
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After James Wynn increased the Margin, there is still about 200 dollars to the liquidation price.

PANews, June 2 news, according to on-chain analyst Yu Jin's monitoring, James Wynn increased his Margin by 200,000 USDC five minutes ago, lowering the liquidation price to $104,364. Currently, the BTC price is about $200 away from his liquidation price.
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Japan will seek $840 billion in foreign investment before 2030.

Japan plans to increase its target for foreign direct investment to 120 trillion yen by 2030 to revitalize the economy and address labor shortages. The government has raised the target by 20% and has set a long-term goal of 150 trillion yen for foreign investment. The government plans to release fiscal and economic policy guidelines later this month to reflect these updated targets.
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Gate CandyDrop launches Airdrop event for Paparazzi Token (PAPARAZZI)

PANews reported on June 2 that according to the official announcement, Gate CandyDrop launched the Paparazzi Token (PAPARAZZI) airdrop event from 17:00 on June 2 to 23:59 on June 9 (UTC+8), where users can win candy and participate in the airdrop of a total of 10,000,000 PAPARAZZI tokens by completing tasks. BOTH NEW AND EXISTING USERS CAN PARTICIPATE, WITH A MAXIMUM OF 100,000 PAPARAZZI PER PERSON.
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James Wynn just transferred 200,000 USDC to Hyperliquid as margin, and the liquidation price dropped to $104,360.

Odaily News According to hypurrscan data, James Wynn has just transferred 200,000 USDC to Hyperliquid as margin, and currently, his BTC long order liquidation price has dropped to $104,360.
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Canadian listed company Belgravia Hartford has obtained a $5 million credit facility specifically for the purchase of BTC.

PANews June 2 news, according to MarketScreener, the investment issuance company Belgravia Hartford listed on the Canadian securities exchange announced that it has obtained $5 million in independent credit financing, with the investor being the digital asset fund Round13 Digital Asset Fund LP. This funding will be specifically used to purchase Bitcoin, with the first payment of $500,000 planned for June 2, 2025.
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CoinShares: Last week, the net inflow of digital asset investment products was $286 million.

CoinShares' latest weekly report shows that digital asset investment products saw inflows of $286 million last week, reaching a total of $10.9 billion for seven consecutive weeks. Ether performed outstandingly this week, with inflows of $321 million, totaling $1.19 billion over six weeks, setting the highest record since December 2014. Bitcoin initially performed strongly at the beginning of the week, but due to the impact of a U.S. court ruling, it reversed mid-week, ultimately ending with an outflow of $8 million, concluding six consecutive weeks of inflows totaling $9.6 billion.
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Morgan Stanley: The US dollar will remain weak in the next 12 months.

Morgan Stanley Research predicts that the US dollar will remain weak over the next 12 months, facing dumping pressure due to forex hedging liquidity. Safe-haven currencies such as the yen, Swiss franc, and euro are expected to benefit.
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Ethereum leads the inflow of digital assets, with a total inflow of 10.9 billion USD over seven weeks.

Last week, digital asset investment products recorded a net inflow of $286 million, with the strongest inflow in Ether, while Bitcoin saw outflows due to the impact of U.S. tariff rulings. The U.S. still dominates the market, with Hong Kong performing the best, while Switzerland has experienced a cumulative net outflow this year. Overall, the digital asset market is showing a positive trend.
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SharpLink Gaming pre-market big dump of 20%, previously due to a capital increase purchase ETH rise significantly.

According to ChainCatcher news, SharpLink Gaming fell big dump 20% in pre-market. Previously, the company announced a private placement of 425 million dollars to purchase ETH, which led to its stock price rising 2225% last month. Note: SharpLink Gaming is a company focused on online performance marketing that has recently entered the cryptocurrency space through transformation.
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Bitcoin volatility has dropped to 1.81%.

BlockBeats news, on June 2, Bitcoin volatility fell to 1.81%, maintaining an average level close to the end of February this year. BlockBeats note: High Bitcoin volatility is often associated with speculative trading and retail investor FOMO sentiment. When volatility decreases, it may indicate a reduction in short-term speculators, and the market enters a consolidation phase or a "calm period." Additionally, Bitcoin price fluctuations are often linked to macroeconomic events, such as inflation expectations, interest rate changes, or geopolitical risks. When these external factors stabilize, Bitcoin's volatility may also decrease.
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Wintermute: After the Pectra upgrade, a malicious contract named "CrimeEnjoyor" has appeared, suspected of phishing and has not made a profit.

After the Ethereum Pectra upgrade, a large number of malicious contracts "CrimeEnjoyor" appeared, attempting to steal funds using the EIP-7702 authorization mechanism, but so far, no funds have been successfully stolen. The attack used a large amount of similar code, suspected to be an automated coin theft tool. However, the attackers have not managed to steal any funds at this point. This attack reveals a security vulnerability in EIP-7702.
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SharpLink Gaming plans to dump stock to purchase $1 billion worth of ETH as reserves.

Odaily News According to a U.S. SEC filing, SharpLink Gaming plans to purchase $1 billion worth of ETH as its reserves, and the company intends to fund this purchase through proceeds from the proposed stock sale. (Solid Intel)
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Security Agency: Nervos cross-chain bridge Force Bridge suspected of being attacked, resulting in a loss of approximately 3 million USD.

Cyvers Alerts has issued a warning that the Nervos network cross-chain bridge Force Bridge has been compromised by a Hacker, resulting in the theft of $3 million in assets. The team has urgently paused the contract and is investigating the incident, while the attacker has moved the assets to Tornado Cash. Magickbase had previously reported unusual activity.
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Spot gold has surpassed the 3350 USD mark.

Jin10 data reported on June 2, Spot gold continued to rise, reaching 3350 USD/ounce, up 1.85% during the day.
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Russia's emergency rescue department: The number of injured in the bridge accident in Bryansk Oblast has increased to 97.

Jin10 reported on June 2 that the Russian emergency rescue department announced on June 2 that the number of injured in the bridge accident in Bryansk region has risen to 97, with 64 people currently receiving treatment in hospitals. On the evening of May 31, a bridge in Bryansk region collapsed, with debris falling onto a passenger train passing below, resulting in 7 fatalities.
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Cyvers Alerts: Nervos Network was hacked for 3 million dollars in Crypto Assets.

Cyvers Alerts reported suspicious transactions in the Bitcoin Layer 2 solution of Nervos Network, resulting in approximately 3 million USD in Crypto Assets being stolen. The stolen assets were exchanged for Ether and transferred to TornadoCash. Nervos Network has suspended the protocol and taken measures.
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Magickbase: Abnormal activity detected on Force Bridge, related services have been suspended.

Odaily News Based on the Nervos network, desktop wallet product developer Magickbase stated on the X platform that it has detected abnormal activities on the Nervos cross-chain bridge Force Bridge and has suspended related services for security reasons. The team is conducting an investigation and will share updates as soon as possible. It is reported that the Cyvers Alerts system has monitored involvement.
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Matrixport: June is usually one of the months where Bitcoin performs relatively flat and has high Fluctuation, so caution is advised.

Data released by Matrixport shows that June is a month when Bitcoin performs flatly and experiences large fluctuations, with an average return of only 1.9% and a rise probability of 50%. In contrast, October is the month with the strongest seasonal performance for Bitcoin. Last year's market trends showed a fall of 7.1% in June, a slight rebound in July, but another fall of 8.7% in August. Based on the weakening seasonal momentum, a more cautious trading strategy has been adopted.
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Cyvers Alerts: Multiple suspicious transactions involving Nervos.bit have been detected.

According to a report by Jinse Finance, the Cyvers Alerts system has detected multiple suspicious transactions involving Nervos.bit. A suspicious address appears to have gained control of the cross-chain bridges, stealing assets worth approximately 3 million dollars: 25.78 million USDT 539.09 ETH 89.83 million USDC 60,400 DAI 0.79 WBTC All funds have been converted to $ETH and sent to Tornado.
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The US Dollar Index DXY has fallen below 99, with an intraday decline of 0.45%.

BlockBeats news, on June 2, the US dollar index DXY fell below 99, with an intraday decline of 0.45%. (Jin10)
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Data: Over $2.7 billion worth of Tokens will be unlocked in June.

According to Jinse Finance, as reported by Cointelegraph, over $2.7 billion worth of tokens will be unlocked in June, mainly consisting of SUI ($206.33 million), ZRO ($64.29 million), and APT ($58.52 million).
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Claynosaurz: The public minting of Popkins will end on June 3rd, and Popkins packs must be claimed before the end.

Odaily News Claynosaurz announced that its Popkins public minting is now open, and the minting will end on June 3rd. Holders of OG or Saga Claynosaur or those who obtained free Popkins packs through community giveaway activities must complete their claims before June 3rd. Popkins packs will be distributed after the minting ends, and opening the Popkins packs on June 5th will grant you Popkins.
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James Wynn: Decided to suspend Perptual Futures trading.

Golden Finance reported that James Wynn stated, "I have decided to suspend Perptual Futures trading. Thank you for the warm hospitality from HyperliquidX. Your service is impeccable, and the platform is outstanding. It has been an interesting journey. I invested about 4 million dollars, once reaching 100 million dollars, then falling back, ultimately resulting in a total loss of 17.5 million dollars in my account." It's time to return to where it all began for me. The place that shaped me into the huge gambler I am today.
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Ethereum upgrade "Glamsterdam" starts the proposal process, expected to be launched in 2026.

PANews, June 2nd - According to Ethereum developer nixo.eth, the next phase of the Ethereum Mainnet upgrade "Glamsterdam" has opened for proposals on key features, with a deadline of June 20th. Currently, there are 5 proposals, covering on-chain performance and protocol optimization. The upgrade plan will be initiated after the completion of Fusaka, with the final launch expected in 2026. Non-core proposals will enter the screening phase after July.
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Barclays: The short-term outlook for South Korea's technology product exports remains strong.

Jin10 data reported on June 2 that Barclays economist Bum Ki Son stated in a report that, in the context of sustained chip demand and artificial intelligence investments, South Korea's technology exports, dominated by semiconductors, remain strong in the near term. Barclays has currently observed relatively strong export momentum for high bandwidth memory (HBM) products and some traditional chips, which sharply contrasts with the previous expectation that "demand for traditional chips will be dragged down by the cyclical downturn." The economist pointed out that although overall exports have declined, South Korea's semiconductor exports rose by 6.9% month-on-month in May, rebounding from the 6.5% increase in April. He expects that due to potential increases in DRAM contract prices in the third quarter and the launch of HBM4 products in the fourth quarter, South Korea's technology product exports will continue to maintain strong momentum.
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James Wynn posted "The Last Throw" along with an image, seemingly indicating a transfer of funds into the Hyperliquid contract.

Golden Finance reports that Whale James Wyn posted on platform X: "Should I do it? Or should I not? The last throw." At the same time, an image marked with a suspected transfer of funds into Hyperliquid Futures Trading shows that James Wynn's account balance is approximately 4.124 million USDC. According to Lookonchain monitoring, James
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ZachXBT: The Taiwanese exchange BitoPro was allegedly hacked on May 8, resulting in a loss of approximately $11.5 million.

Taiwan's cryptocurrency exchange BitoPro allegedly suffered an attack of $11.5 million on May 8, 2025, with the attacker transferring assets from the Hot Wallet, selling them through a DEX, and flowing into different networks, ultimately transferring to a Wasabi Wallet. BitoPro has not publicly disclosed the incident, only stating that services are suspended for "system maintenance."
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Australia's first quarter is expected to show weak growth, which may strengthen expectations for Central Bank interest rate cuts.

Jin10 data reported on June 2, the chief economist of the Financial Service company AMP, Shane Oliver, stated that Australia is expected to announce its first quarter GDP data on Wednesday, which may indicate that the economy has slowed down at the beginning of the year due to weak consumer demand and declining business investment. Oliver predicts that the rise in trade, government spending, and residential investment will contribute to a 0.4% quarter-on-quarter growth. This will push the annual growth rate up to 1.5%. Mediocre growth data should support the view that the Reserve Bank of Australia still has significant room for interest rate cuts.
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Economists: Revised GDP data for Japan may confirm economic contraction in the first quarter.

Economists say that Japan's revised GDP data may confirm a contraction in the first quarter of 2025. Business surveys indicate that capital expenditure may remain stable, with preliminary data showing a GDP contraction of 0.7% for the quarter. Economists expect that due to weak consumption and pressure from tariffs, the Japanese economy may contract for the second consecutive quarter.
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Australia's inflation expectations decline in May, which may attract the attention of the Reserve Bank of Australia.

Jin10 data reported on June 2nd, according to data from the Melbourne Institute, Australia's inflation expectations saw the largest decline in 33 months in May. The TD-MI inflation index in Australia fell by 0.4% month-on-month in May, marking the largest drop in 33 months. The annual growth rate decreased from 3.3% in April to 2.6% in May. Core inflation expectations have dropped to a five-year low. This data will attract the attention of the Reserve Bank of Australia, and the market currently shows a 70% chance of the bank further lowering interest rates in early July. Market pricing indicates that the Reserve Bank of Australia may cut rates by another 85 basis points by mid-2026.
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Gate will launch LayerEdge (EDGEN) Spot trading and Launchpool.

Gate will launch spot trading on June 2 at 18:30 (UTC+8) and will open EDGEN mining from June 2 at 20:00 to June 9 at 20:00 (UTC+8). By participating in Launchpool staking with GT, BTC, and ETH, users can share 7.5 million EDGEN tokens for free. The expected annualized returns are GT 16.70%, BTC 10.01%, and ETH 10.4%. The early staking channel is now open.
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As steel and aluminum tariffs double, UK steel exports face a threat.

Jin10 reported on June 2 that the UK Steel Industry Association has stated that UK steel companies are concerned that orders will be canceled after U.S. President Trump raised steel tariffs from 25% to 50%. UK steel companies indicated that the U.S. is the UK’s second-largest export market, with exports worth approximately £400 million, accounting for 9% of total exports. Gareth Stace, head of UK Steel, stated: "There is still uncertainty about whether and when our second-largest export market will open up to businesses, or whether it will be completely shut off in front of us."
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Goldman Sachs: Doubling of steel and aluminum tariffs may affect the copper market

The U.S. announcement of a doubling of tariffs on steel and aluminum imports to 50% could increase the likelihood of tariffs on copper imports. U.S. investments in copper may be exempt from tariffs after an investigation into copper imports, but it could still affect global copper prices. Tariffs of 25% and 50% are expected to increase the price of copper by US$1,235 to US$3,605 per tonne.
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Indonesian Statistics Bureau: Indonesia's rice production is expected to be 21.76 million tons from January to July.

Kaito AI Founder: Plans to implement platform optimization in the third quarter, KAITO Token staking volume exceeds 28 million coins.

Golden Finance reports that Kaito AI founder Yu Hu posted on X, stating that the platform plans to optimize and innovate in the third quarter "in a way that has never been publicly discussed before," with effects that may be drastically different from the current platform. In addition, according to data disclosed by Yu Hu in the tweet, the total stake of KAITO Token has reached 28,026,372.
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Wintermute launches the CrimeEnjoyor tool to warn of malicious code in Ethereum delegated contracts.

According to a ChainCatcher message reported by Cointelegraph, WinterMute has launched CrimeEnjoyor, a piece of code designed to warn about malicious code in Ethereum delegation contracts to protect users from a new wallet theft strategy.
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Japan will hold a ministerial meeting this week to discuss rice supply.

The Japanese government will discuss the issue of rice supply to stabilize prices and release rice stocks to drop prices. Ahead of the summer elections, the government is working to quell public discontent caused by inflation, especially as the upper house elections approach. The Minister of Agriculture, Forestry and Fisheries emphasizes the importance of stabilizing market prices.
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Metaplanet CEO: Q2 Bitcoin yield was 66.3%, with a target of 35% per quarter for the second half of the year.

Golden Finance reports that Simon Gerovich, CEO of the Japanese listed company Metaplanet, has just announced an increase of 1088 BTC on the X platform: Metaplanet's Bitcoin yield for the second quarter of 2025 is 66.3%, and the cumulative Bitcoin yield from the beginning of the year to date is 225.4%. The goal for the second half of the year is to achieve a quarterly Bitcoin yield of 35%, and this figure will continue to be expanded.
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Golden Midday Report | Important updates overview for midday on June 2

CME The Federal Reserve observation data shows low probability of interest rate cuts; SEC raises questions about the Compliance of Ethereum and Solana ETFs; the encryption industry may benefit from the South Korean elections; Metaplanet increases its holding of 1,088 BTC; The Federal Reserve Board of Governors states that there may be another interest rate cut this year; several projects have large token unlocks this week; Ross Ulbricht's auction is controversial.
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The share of DEX spot trading volume rose to 25% in May, a record high

In May 2025, the share of DEX spot trading volume reached 25%, setting a new historical high, close to the CEX market share. PancakeSwap ranked first, with a total trading volume of 410.2 billion USD, and it is expected that DEX will surpass CEX by 2028. Kim believes that the rise of DEX benefits from the meme coin craze, the lowering of Wallet thresholds, and the decline in user trust towards CEX.
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The current mainstream CEX and DEX funding rates indicate that the market is in a neutral to bearish stance.

Coinglass data shows that on June 2, the funding rates of mainstream CEX and DEX are neutrally bearish, and the market is in a neutral state. The funding rate is the rate used to adjust the contract price to the underlying asset price. When the funding rate is 0.01%, it indicates neutrality; if it is greater, it is bullish; if it is lower, it is bearish.
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The donation address of Ross received 300 BTC, which is suspected to come from a compliance risk control address, but not from a self-donation.

According to on-chain tracking analysis by ZachXBT, the donation address of Silk Road founder Ross Ulbricht received 300 BTC from the output of the crypto tumbler Jambler, which may be related to two addresses involved in 2014 and 2019. These addresses are marked in compliance tools and made large deposits to Jambler between April and May 2025, coinciding with the donation timing. ZachXBT believes that this donation is not from Ross himself and poses compliance risks.
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ZachXBT: The claim that Silk Road founder Ross Ulbricht's auction donations might be "self-donations" may not hold.

According to the latest investigation monitored by ZachXBT, previous claims that Ross Ulbricht, the founder of the Silk Road, may have donated himself, may not be true. Two Bitcoin addresses were linked to a 300 BTC donation received by Ulbricht, one dating back to late 2014 and the other in 2019 with transaction activity and flagged by compliance instruments. The two addresses were dormant after November 2019 until April-May 2025, when deposits were made to the mixer Jambler, close to the time Ulbricht received the money.
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From January to May, Russia's natural gas exports to Europe via the TurkStream pipeline rose by 9.5%.

Jin10 data reported on June 2 that, according to TASS citing data from the European Network of Transmission System Operators for Gas (ENTSOG), from January to May, Russia's natural gas exports to Europe via the TurkStream pipeline increased by nearly 9.5% compared to the same period in 2024, reaching 7.19 billion cubic meters. In May, Russia's natural gas exports to Europe increased by 14% compared to April, but decreased by 2% compared to May 2024, totaling 1.42 billion cubic meters.
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FLOCK has risen over 120% in 24 hours, with a market capitalization currently reported at 33.32 million USD.

According to BlockBeats news on June 2, market data shows that the AI project Flock's token FLOCK has risen above $0.3, currently priced at $0.3008, with a 24-hour increase of 126%. The market capitalization is temporarily reported at $33.32 million, with an FDV of $302 million. The 24-hour total trading volume across the network reached $252 million.
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Acheron has become the first encryption market maker to obtain CASP license under the EU MiCA regulations.

Acheron has become the first Crypto Assets market maker to obtain a CASP license under the EU MiCA regulations. MiCA is a comprehensive regulatory framework for Crypto Assets in the EU that will establish unified market rules for member states.
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Acheron becomes the first encryption market maker to obtain CASP licensing under the EU MiCA regulation.

Acheron has become the first Crypto Assets market maker to obtain a CASP license under the EU MiCA regulation, which is the EU's comprehensive regulatory framework for Crypto Assets, establishing unified market rules for Crypto Assets among EU member states.
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There was a leak of harmful chemicals at the U.S. military base in Japan.

Jin10 reported on June 2 that, according to Japan's Kyodo News, the U.S. has confirmed that there was a leak of harmful chemicals at the Yokota Air Base in Japan, which may pose health risks to local residents. Reports indicate that in January 2023, there was a wastewater leak containing per- and polyfluoroalkyl substances (PFAS), which are believed to be carcinogenic, at the U.S. Yokota Air Base located in Tokyo.
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Goldman Sachs: The value of the Hong Kong Stock Exchange is still underestimated, raising the target price to HKD 455.

Goldman Sachs' research report pointed out that although the stock price of the Hong Kong exchange has risen by 35%, it is still undervalued relative to market activity. It is expected that if more A-share companies list in Hong Kong, the average daily trading volume may rise by 15% in 2025, and by 7% and 6% in 2026 and 2027, respectively. It is anticipated that with the listing of new stocks, the market capitalization of the Hong Kong exchange will continue to expand. Goldman Sachs raised its earnings per share estimate for the Hong Kong exchange by 2% to 10%, reaffirming its buy rating, and raised the target price from HKD 398 to HKD 455.
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Metaplanet purchased another 1,088 Bitcoins, bringing the total Holdings to 8,888.

PANews June 2 news, Japanese listed company Metaplanet announced the purchase of an additional 1,088 Bitcoins, bringing its total Holdings to 8,888, approximately $934 million.
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The total sales of NFTs on the Polygon blockchain have exceeded $2 billion.

PANews June 2 news, according to the latest data from CryptoSlam, the total sales of on-chain NFTs on the Polygon chain have surpassed $2 billion, currently reaching $2,002,381,010, with a total of 47,358,340 transactions on-chain (approximately 3.092 million unique buyers and about 1.706 million unique sellers). Among them, the sales of on-chain NFTs on the Polygon chain in May reached approximately $74.711 million, not only setting the highest monthly trading record in 2025 but also being the month with the highest trading volume since February 2024.
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Analysis: Bitcoin is consolidating at $105,500, but the market may be in the early stages of a new Supercycle.

The current trading price of Bitcoin is approximately $105,500, near a key support level, and the market is cautious. Analysts say this level is a watershed for the short-term direction; if it falls below or tests the $103,000 support, holding it could lead to a push towards $115,000. Despite the significant market fluctuations, the long-term outlook remains optimistic. BTC Markets analysts expect Bitcoin to possibly return to the $115,000 level, which could be the early stages of a new supercycle.
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Bitcoin maintains a "key level" of $105,500, analysts say the long-term outlook remains optimistic.

BTC Markets analysts point out that the key point for Bitcoin price is around 103,000 USD, and technical indicators show that the upward momentum may weaken. The support levels are at 103,000 and 97,600 USD, and future trends may challenge 115,000 USD or pull back to 93,000 to 97,000 USD. Even with a significant pullback, it does not mean the overall rise trend is over; the market may need more time to prepare. Bitcoin is closely tied to the TradFi market and is sensitive to macroeconomics and geopolitical issues.
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