bor

According to monitoring by Lookonchain, a certain whale borrowed 142 million USDT from Aave within 30 hours, purchasing 87,680 ETH at an average price of 1620 USD.The whale's health factor on Aave has dropped to 1.16, with a liquidation price of 1354.51 USD.

According to on-chain analyst Yu Jin's monitoring, a certain whale continued to increase its position by buying 28 million USDT worth of ETH when ETH dropped to 1505 USD at 1 PM.This whale borrowed 128 million USD to buy 78,000 ETH within a day and a half, with an average price of 1645 USD, and the leverage ratio has reached 3 times. Currently, the liquidation prices of its two lending positions are 1356 USD and 1280 USD, respectively.

According to on-chain analyst Yu Jin's monitoring, a certain whale has borrowed 100 million USDT through Aave since yesterday and purchased 59,742 ETH at an average price of 1,681 dollars.Currently, this address holds a total of 133,800 ETH, worth approximately 212 million dollars. Based on the current price, the newly purchased portion has incurred an unrealized loss of about 6 million dollars.On-chain data shows that the liquidation prices for the whale's current two lending positions are approximately 1,356 dollars and 1,170 dollars, respectively.

Dragonfly partner Haseeb tweeted to clarify the recently fixed vulnerability in Zcash. He stated that if the vulnerability had been exploited before the fix (although the probability is extremely low), it would manifest as the privacy pool minting false ZEC. Attackers would need to sell quickly, but since the market primarily trades transparent ZEC, they cannot directly sell the unmasked privacy ZEC on mainstream exchanges. Therefore, the losses would mainly be borne by users holding privacy ZEC, with almost no impact on holders of transparent ZEC and price discovery.Haseeb emphasized that the Zcash team will introduce a new turnstile mechanism and a brand new privacy pool in the next upgrade to verify that the privacy pool has not been inflated. He also has high hopes for formal verification technology, believing it is an important path for enhancing software security across the industry in the future, especially crucial for privacy protocols.

According to on-chain analyst Yu Jin's monitoring, a certain whale continues to borrow 32 million USDT, leveraging to buy 18,994.5 ETH. Today, it has cumulatively borrowed 76.42 million USDT from Aave, purchasing 44,845 ETH at an average price of 1,704 USD.

According to Jinshi, the U.S. Bureau of Labor Statistics announced that the non-farm payroll employment for March was revised from 201,000 to 214,000; the non-farm payroll employment for April was revised from 115,000 to 179,000.After the revisions, the total number of new jobs for March and April is 93,000 higher than before the revisions.

Bitget CEO Gracy Chen recently elaborated on Bitget's strategic layout in the field of tokenized assets during an online AMA titled "The Future of RWA" hosted by Reality. She revealed that since proposing the Universal Exchange (UEX) strategy in early 2025, Bitget has been accelerating its evolution from a traditional crypto exchange to a platform covering all categories of assets. During a meeting with the COO of BlackRock, she introduced the "10% Vision": it is expected that by 2030, approximately 10% of global financial assets will exist in tokenized form. Currently, the penetration rate of tokenized stocks is only 0.01%, indicating a significant incremental space in traditional financial markets, which is precisely the trend that Reality is built upon.Gracy summarized "why now" as the convergence of five major trends: stablecoins have become a global settlement channel, especially in regions where fiat currencies are weak, creating demand for dollar-denominated investment products; there is a surge in user willingness for diversified asset allocation; blockchain performance, custody, compliance, and market maker systems are maturing; regulatory frameworks in the US, Europe, and Hong Kong are moving from ambiguity to structured clarity; and the market's demand for capital efficiency is driving the release of new liquidity in tokenized assets.When discussing the pain points of the tokenized stock market, Gracy stated that some existing issuers often cause a deviation between the token price and the underlying asset price when handling corporate actions such as dividends and stock splits. The Reality platform is focused on addressing this issue by strictly aligning the Net Asset Value (NAV), supporting the mapping of dividends and corporate actions, and enhancing the consistency between tokenized assets and the real underlying assets. She also revealed that Bitget will continue to expand asset categories and further improve the UEX Universal Exchange ecosystem.

The General Office of the State Council has released guiding opinions on strengthening regulation, preventing risks, and promoting the high-quality development of private equity investment funds. The opinions mention adhering to goal-oriented and problem-oriented approaches, addressing issues such as the need to improve the access mechanism for the private equity fund industry, inadequate regulation, incomplete systems, insufficient coordination and cooperation among ministries, central and local governments, the failure to implement the responsibilities of some government investment funds and state-owned enterprise investment fund contributors, and the use of some private equity funds as tools for illegal activities, new forms of corruption, and hidden corruption. A system and long-term mechanism for strengthening regulation and preventing risks will be established to promote the development of the industry in a standardized manner and enhance it during development.Uphold functional positioning, coordinate the overall layout, optimize increments, revitalize existing resources, support the excellent and limit the inferior, improve quality and efficiency, and strictly prohibit private equity funds from engaging in illegal activities such as lending and disguised debt. Adhere to classified regulation, implementing "one policy for one category" regulation based on different dimensions such as contributor entities and product types. Insist on regulating both legal and illegal entities, with strict regulation for legal institutions, resolute prohibition of illegal institutions, and severe crackdowns on illegal activities.Promote the revision of the Securities Investment Fund Law. Push for the issuance of judicial documents related to criminal cases involving private equity funds. Formulate regulations for the supervision of private equity fund managers, information disclosure, fundraising, and mandatory custody rules. Introduce standardized arrangements for private equity fund betting agreements. Fully establish a regulatory system for private equity funds that is primarily based on administrative regulation and supplemented by self-regulation.

According to Onchain Lens monitoring, a certain whale has become active again after being silent for 3 years, depositing 20,000 ETH (approximately 33.28 million USD) out of the 38,554 ETH (approximately 64.28 million USD) it holds into Aave V3, borrowing 30 million USDT, and purchasing 17,826 ETH at a price of 1,683 USD each for a circular lending operation. Currently, this whale holds a total of 56,380 ETH, valued at approximately 94.04 million USD.

According to on-chain analyst Yu Jin's monitoring, Ethereum bulls have today borrowed 58 million U from Spark to purchase 32,919.2 ETH, at an average price of 1,762 USD.

According to Beijing Business Today, the Monetary Authority of Macao announced that Macao has completed the system integration with the multilateral central bank digital currency bridge mBridge project, and officially launched local bank "on-bridge" transactions on June 2, to establish an efficient, secure, and low-cost cross-border payment settlement channel.

According to the Securities Times, Xiaohongshu has launched a special governance action for certified professional accounts in the financial sector starting from June 3. Based on relevant laws and regulations as well as platform rules, financial certifications are only issued to institutions holding compliant licenses. The nicknames of certified professional accounts on the platform must strictly match the actual business scope of the certified entity and must not obtain certification marks through false or misleading information. In the past week, Xiaohongshu has dealt with over 1,500 non-compliant financial professional accounts and will continue to comprehensively strengthen the public verification and validation mechanism, conducting regular inspections and handling of existing accounts.Staff introduced that since May, the Xiaohongshu platform has dealt with a total of 31,000 accounts involved in financial sector violations and marketing accounts without financial-related qualifications, including 539 notes and 146 comments related to illegal inducement of cross-border investment issues; 141 related notes regarding the low-priced resale of foreign investment bank research reports, and freezing of 132 related products. In addition, the platform has also handled over 130 pieces of suspected illegal information related to gold financial marketing promotion and domestic promotion of overseas platforms.

According to The Block, the U.S. Department of Justice stated that in a joint anti-fraud operation codenamed "Disruption Week," private sector participants froze over $3.8 million in cryptocurrency assets related to fraud. Participating organizations include Coinbase, Meta, Google, Microsoft, SpaceX, TRM Labs, and others.The operation also led to the arrest of 7 fraudsters by Thai police and the identification of multiple fraud platforms handed over for investigation by the U.S. authorities. Data from the FBI shows that losses reported from cryptocurrency investment fraud in 2025 increased by 24% year-on-year, exceeding $7.2 billion.

According to Ember Monitoring, 7 Siblings has just borrowed 20,000,000 USDT from Spark and continues to buy ETH.

According to monitoring by Lookonchain, the whale known for "buying the dip during market crashes," 7 Siblings, has taken action again. About 1 hour ago, it borrowed 10 million USDT from the Spark protocol and then purchased 5,589 ETH at an average price of approximately $1,789, with a total value of about 10 million dollars.

According to Onchain Lens monitoring, a certain whale borrowed 10 million USDT after being inactive for 4 months and purchased 5,589 ETH at a price of $1,789. Currently, it holds 82,754 ETH, worth $147.3 million.

According to Jinshi reports, Federal Reserve official Logan stated that the current financial environment is loose, and the labor market remains stable.

BNB Chain announced that it will hold the BNB Hack: AI Trading Agent themed hackathon season from June 3 to 21. This event is in collaboration with CoinMarketCap and Trust Wallet, aiming to enable developers to build intelligent agents that can automatically formulate strategies and trade 24/7 based on their tech stack.The hackathon features 2 main tracks, with a sprint period of 3 weeks and a total prize pool of $36,000. Additional rewards include API credits, one-on-one mentorship, and ecosystem resource support.

According to Reuters, the UK's Financial Conduct Authority (FCA) has warned football clubs, including Premier League clubs, that entering into sponsorship agreements with unauthorized cryptocurrency companies and trading platforms may expose clubs to legal liabilities, money laundering risks, and reputational damage.The FCA stated that some unlicensed cryptocurrency businesses operating in the UK are reaching large fan bases through football sponsorships, potentially violating UK financial promotion rules. The regulatory body has contacted some clubs regarding these partnerships and urged them to strengthen due diligence on their partners.Lucy Castledine, the FCA's Director of Consumer Investments, stated that millions of fans trust club brands, and clubs should not allow unauthorized financial institutions to exploit this trust to promote potentially risky products to fans. UK Sports Minister Stephanie Peacock also stated that while sponsorship revenue is crucial for the football industry, fans have the right to know whether the companies partnering with clubs are safe, responsible, and compliant.

According to The Block, U.S. Senators Bernie Sanders and Elizabeth Warren, along with Representative Robert Scott, sent a letter to the Department of Labor requesting the withdrawal of a proposed rule that would allow 401(k) retirement plans to include alternative assets such as cryptocurrencies. The lawmakers stated in the letter that the proposed rule would create a so-called safe harbor for fiduciaries offering alternative investments, which would strip retirement savers of long-standing investor protections and encourage the use of riskier, more complex, and expensive investments.The Department of Labor announced the proposed rule in March, providing guidance steps for 401(k) plan managers to include alternative assets (including private equity, real estate, and digital assets) in their portfolios. Lawmakers expressed concerns about the volatility of digital assets and cited a Federal Bureau of Investigation report indicating that crypto-related fraud losses could exceed a record $11 billion in 2025. They also pointed out the Trump family's conflicts of interest in the crypto space, stating that the Department of Labor's proposed rule could enhance the president's interests at the expense of ordinary workers and retirees.