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According to Fortune, California cryptocurrency executive Adam Iza admitted on Monday to orchestrating a failed kidnapping attempt against the parents of Veer Chetal.The case is related to the $245 million Bitcoin theft that Veer Chetal was previously involved in. 25-year-old Adam Iza, also known as Ahmed Faiq, previously ran the cryptocurrency trading company Zort and referred to himself as the "Godfather." Veer Chetal and two others involved impersonated Google and cryptocurrency exchange technical support personnel to steal 4,100 Bitcoins from a Washington resident, which was worth approximately $245 million at the time.Adam Iza and his accomplices attempted to obtain part of the stolen funds by kidnapping Veer Chetal's parents. Additionally, Adam Iza admitted to stealing over $37 million by fraudulently accessing Meta's business manager accounts and credit lines between 2020 and 2022. Federal prosecutors are seeking at least 14 years of imprisonment during his sentencing.

The edgeX official report on the abnormal price fluctuations of the EDGE token states that the EDGE price once dropped from approximately $1.12 to about $0.32 within about 1 hour, during a period of weak liquidity, due to concentrated sell-offs from multiple addresses combined with high-leverage long liquidations and flash crashes triggered by CEX interactions. There were no changes to the team address during this period.edgeX stated that it will strengthen market making and liquidity, and set up a reward of 200,000 USDC on-chain to trace the addresses associated with the attack. At the same time, for users who incurred actual realized losses due to long positions in EDGE being liquidated or triggering stop-losses on edgeX Perp V1/V2 within a specified time window, the platform will provide goodwill compensation based on the actual loss amount, with a limit of 100,000 USDC per person, of which 50% will be distributed in USDC within 7 days after review, and 50% will be distributed in EDGE based on the 7-day TWAP in the first week of April 2027.

Bitcoin News posted on the X platform that the SEC has listed digital assets as a strategic priority before 2030, calling for the establishment of a clear regulatory framework for blockchain, tokenization, custody, trading, staking, and cryptocurrency market infrastructure.The SEC stated that blockchain technology has the potential to revolutionize the U.S. financial infrastructure and acknowledged that innovative developments have surpassed existing regulations.The plan also calls for a clearer delineation of the regulatory boundaries between the SEC and CFTC, which is a key issue for Bitcoin and the broader digital asset industry. After years of regulatory uncertainty, the SEC now officially positions digital assets as part of the future of U.S. capital markets.

According to CoinDesk, global payment networks Stripe, Visa, and Mastercard are preparing to launch a new stablecoin platform. Sources reveal that cryptocurrency exchange Binance is also exploring the possibility of participating in this stablecoin platform.Currently, Coinbase, Stripe, and Visa have all declined to comment, and Mastercard did not respond to comment requests before publication. In addition, the revenue-sharing agreement between Coinbase and Circle Internet is set to renew in August this year, with the current market capitalization of USDC reaching 76 billion dollars.

According to monitoring by Catcher Predict, in the predicted market event "LoL: EDG vs BLG Playoffs" on Polymarket, the "Yes" option for the sub-market "Both sides kill a dragon" has experienced a dramatic fluctuation in winning probability, soaring from 50% an hour ago to the current 90% (a fluctuation of 40%). Please note the impact of related breaking news.

Jeff Walton (@PunterJeff) of Strive stated that Strive is raising funds at an average daily rate of $8.1 million, which, if used to pay dividends, could support the issuance of $15.5 billion in SATA tokens. Jeff Walton mentioned that this amount of funds is equivalent to buying approximately 175,000 BTC at current prices, which would increase its total BTC holdings to 10 times the current size.

Helius CEO mert tweeted that the news regarding the Zcash network outage is inaccurate, and the network is not down. Some browser applications connected to faulty nodes, which caused the browsers to display errors, but the network is functioning perfectly fine.Previously, it was reported that the Zcash network is currently in a stalled state, with no blocks produced in the past 4 hours.

Kuaishou's subsidiary Keling AI is conducting its first round of financing after the spin-off, with a pre-investment valuation of 18 billion USD. The project plans to submit its Hong Kong stock listing application materials in early 2027.

Bitget was invited to attend the Trading Expo and was awarded the "Best Multi-Asset Trading Platform" award. This award is primarily evaluated based on dimensions such as asset coverage, richness of trading products, platform liquidity, user experience, globalization service capability, and product innovation, reflecting the industry's recognition of Bitget's contribution to the multi-asset trading ecosystem, and further confirming the ongoing influence of its UEX panoramic exchange strategy in the market.During the event, Bitget CEO Gracy Chen delivered a keynote speech titled "Why Blockchain Will Completely Change Finance." She stated that blockchain is reshaping global financial infrastructure, evolving financial markets towards a more open, efficient, and globally accessible direction, from asset issuance and trading matching to clearing and settlement. With the development of multi-asset trading products such as tokenized stocks, stablecoins, on-chain financial products, and CFDs, the boundaries between traditional finance and the crypto market are accelerating their convergence, allowing users to participate in global market opportunities within a more unified account system.

DeepSeek plans to raise approximately $7 billion in its first round of financing, with a valuation of up to $59 billion. Tencent and CATL will become DeepSeek's largest external investors; NetEase and JD.com also plan to participate in the investment.

According to a report by Reuters, SpaceX plans to set the initial public offering (IPO) price at $135 per share, intending to issue approximately 555.6 million shares, raising up to $75 billion, corresponding to a company valuation of about $1.75 trillion. If successfully completed, it will become one of the largest IPO projects in the history of the global capital market.The report states that SpaceX's roadshow will kick off this Thursday. Unlike traditional IPOs that usually provide a price range first, SpaceX has clarified its target issue price before the roadshow, which is a relatively rare arrangement. The market expects this roadshow to become one of the most closely watched IPO promotional events in recent years.It is noteworthy that SpaceX has previously completed a merger with xAI, forming a comprehensive platform covering aerospace, satellite communications, and artificial intelligence businesses. The raised funds will primarily be used to expand AI computing power infrastructure and further develop the Starlink satellite network.According to reports, SpaceX is also considering allocating up to about 30% of the offering shares to retail investors to meet market demand and expand the shareholder base. At the same time, Elon Musk will be required to hold his shares for at least 366 days after the IPO to signal a long-term holding commitment to the market.

According to BBX data, yesterday, publicly listed companies in multiple countries globally intensively disclosed their latest strategies regarding the expansion of Bitcoin treasury, stock buybacks, and the authorization of super debt financing tools. The core dynamics are as follows:Strive, Inc. (NASDAQ: $STRE) CEO Matt Cole officially disclosed yesterday that the company has invested approximately $185.2 million to increase its holdings by 2,500 BTC (average purchase price of about $74,092). As a result, Strive's total Bitcoin holdings have reached 19,000 BTC, with a year-to-date (YTD) return of 36.7% and an expansion rate of 57.0%. At the same time, the company has proactively increased its cash reserves to ensure the stable distribution of dividends over the next 18 months.European Bitcoin treasury company Capital B (Euronext Growth Paris: $ALCPB) officially announced that it has opened online voting for the shareholders' meeting until June 17. The board is seeking shareholder authorization to establish a capital increase limit of up to €5 billion and a debt instrument issuance limit of up to €100 billion, aiming to accelerate its Bitcoin treasury strategy and enhance the Bitcoin value per share.Hyperscale Data, Inc. (NYSE: $GPUS) officially announced that as of May 31, 2026, the company holds a total of 704.3405 BTC (with a total value of approximately $51.8 million based on the price of $73,579 on that day). The company also confirmed that it did not execute any Bitcoin purchases in the open market last week, with the increase in holdings mainly coming from the regular mining output of its AI data center.Brazilian listed Bitcoin treasury company OranjeBTC (B3: $OBTC3) announced an increase of 20 BTC in the secondary market (average price of about $75,346), raising its total holdings to 3,762 BTC. Meanwhile, the company repurchased 289,100 shares of OBTC3 during the period, further enhancing the Bitcoin exposure per share through a dual reduction of circulating shares.

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.

The U.S. Securities and Exchange Commission (SEC) has released the "Draft Strategic Plan for Fiscal Years 2026-2030" and is seeking public comments. The goals proposed in the draft include "providing a solid regulatory foundation for digital assets and distributed ledger technology through a rational, coherent, and principle-based approach."The document points out that a modernized framework will also ensure that custody, trading, and staking services can operate under appropriate regulation, avoiding duplicative or conflicting requirements, while clarifying jurisdictional issues between the SEC and the Commodity Futures Trading Commission. This coordination aims to ensure that the crypto market has clear, principled, regulation-based rules of the game, promoting innovation while maintaining the highest level of investor protection. Furthermore, the document suggests that the agency's responsible use of artificial intelligence and blockchain technology could further enhance regulation, reduce costs, and unlock new efficiencies.

Sources reveal that SpaceX plans to set the price at $135 per share in its public offering. SpaceX intends to issue 555.6 million shares in the IPO, aiming to raise $75 billion.

According to official news, Ondo has announced that its RWA perpetual contract platform Ondo Perps will be launched on June 9, 2026. Early access eligibility has been opened to some qualified traders, and users can apply to join the whitelist.

The cryptocurrency exchange Backpack announced the launch of Backpack Securities, allowing investors to buy, hold, and sell real stocks backed by regulated U.S. securities infrastructure through the platform, enjoying dividends, corporate actions, and rights under systems such as ACATS and DTCC. At the same time, holdings can be converted into tokenized securities that can be freely transferred and traded 24/7 on public chains like Solana. Orders go directly into the liquidity pool of the U.S. stock market, with transaction prices reflecting real market prices.The platform consists of two parts: one is a U.S. regulated brokerage and custody service that allows users to truly hold U.S. stocks and enjoy traditional brokerage rights such as cash dividends and corporate actions; the other is a collaboration with the Solana tokenization protocol Sunrise to convert stocks held by users into tokenized securities that can circulate on-chain.Backpack stated that related services are expected to be gradually launched starting in June, with tokenized stocks initially supporting wallets, DeFi protocols, and 24/7 trading on Solana, and may expand to more blockchains in the future.

According to GlobeNewswire, global insurance and risk management giant WTW announced the acquisition of the digital asset insurance platform Redefind to strengthen its digital asset protection service layout.According to the disclosure, Redefind provides an end-to-end cryptocurrency and digital asset insurance access platform. WTW plans to first launch a non-custodial loss recovery insurance scheme in the UK to support forensic investigations, asset tracking, and legal recovery related costs for digital assets that are stolen or lost.

According to PRNewswire, institutional-grade digital asset options and derivatives trading infrastructure provider SignalPlus has completed a $50 million Series B1 financing round, with a post-investment valuation of $500 million. This round was led by HashKey Capital, with follow-on investments from BlockBooster and AppWorks, and Goldman Sachs served as the exclusive financial advisor.It is reported that SignalPlus is headquartered in Hong Kong and is dedicated to building institutional-grade derivatives trading infrastructure for the converging capital markets. Its platform provides professional options analysis, real-time risk management, and trading execution tools for hedge funds, market makers, proprietary trading teams, and asset management institutions, covering both digital assets and traditional financial markets.