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According to on-chain analyst Yu Jin (@EmberCN), Pump.fun transferred 67,000 SOL to Kraken in the past half hour, worth approximately 4.51 million USD.He stated that since the beginning of 2024, Pump may have accumulated a total of 4.61 million SOL in transaction fee revenue, with a total value of approximately 795 million USD, at an average price of about 172 USD.

The latest report from Gate Research Institute titled "Gate Research Institute: The Market Capitalization of the Three Storage Giants Exceeds One Trillion Dollars, Gate Supports Their Real Stock Trading" points out that as the demand for AI large model training and inference continues to grow, the global storage industry is entering a new round of value reassessment.The report shows that the market capitalizations of the three storage giants, Samsung Electronics, SK Hynix, and Micron Technology, have all surpassed one trillion dollars, reflecting a repricing of the strategic value of AI storage infrastructure. Among them, Micron Technology has recently officially joined the one trillion dollar market capitalization club, becoming one of the most watched reassessment targets in the AI storage industry chain.The report mentions that the current rise in the storage sector is not a rebound from the traditional DRAM cycle, but is driven by structural demand growth brought about by the expansion of AI data centers. The importance of high-end storage products such as High Bandwidth Memory (HBM), DDR5, and enterprise-level SSDs continues to increase, pushing storage from being a supporting component in the computing power system to becoming a key resource that affects model training efficiency, inference performance, and deployment costs.In addition, Gate has officially launched stock trading services, allowing users to trade mainstream securities market stocks and ETF assets using USDT, and has introduced perpetual contracts for stocks and leveraged ETF products, providing investors with more diversified trading and allocation tools to participate in AI storage and semiconductor theme investments.

According to monitoring by Blockaid, the algorithmic stablecoin MIM has experienced a de-pegging situation on Arbitrum. The current trading price of MIM in the executable path is approximately $0.91 to $0.92, which is due to insufficient or imbalanced liquidity in the Arbitrum liquidity pool.According to on-chain data, the current quotes for MIM across multiple chains are approximately $0.871---$0.874, with a 24-hour decline of about 11%.

According to Jinshi reports, HSBC analysts pointed out in a report that the current exchange rate of the dollar is below the level implied by the market's expectations for U.S. interest rates. As recent market expectations have shifted from rate cuts to potential rate hikes, the dollar's response has been relatively limited. They believe this may reflect the loose financial environment in the U.S. and the market's expectations for a resolution to the Middle East conflict. If the Federal Reserve fails to support rate hike expectations in next week's meeting, the dollar "may be in trouble."

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Counter-Strike: FURIA vs MOUZ - IEM Cologne Stage 3", the option "FURIA" in the sub-market "Match Winner" has experienced significant fluctuations in winning probability, soaring from 63% an hour ago to the current 96.5% (a fluctuation of 33.5%). Please note the impact of related breaking news.

According to Coinglass data, Binance had a net inflow of 48,090,900 USDT in the past hour.

According to local media in Hong Kong, on June 5, the Hong Kong police received a report from a man who claimed that he was scammed out of 1.6 million USDT by a counterfeit exchange while exchanging virtual currency, which is worth approximately 14 million Hong Kong dollars. After preliminary investigation, the police classified the case as "obtaining property by deception" and handed it over to the 10th team of the Mong Kok District Criminal Investigation Unit for follow-up, with no arrests made yet. The police remind citizens that obtaining property by deception is a serious crime, and upon conviction, the maximum penalty can be imprisonment for fourteen years.

The China Securities Regulatory Commission announced that it has approved the initial public offering registration of Changxin Technology Group Co., Ltd.

ChainCatcher, the Web3 asset data platform RootData released "Overview of Mainstream Cryptocurrency Exchanges' Layout for SpaceX IPO." Research shows that at least 8 centralized cryptocurrency exchanges, including Coinbase, Binance, OKX, Bybit, and Gate, are preparing for the SpaceX IPO event, launching different products such as perpetual contracts and IPO subscriptions. Among them, Bitget and Gate launched related products as early as April, attracting user funds and trading interest. In addition, exchanges such as Upbit, Gemini, Kucoin, HTX, and Bitfinex are also set to launch related products.

Bitget announced that it has officially completed the registration as a Virtual Asset Service Provider (PSAV) with the National Securities Commission (CNV) of Argentina, becoming one of the compliant registered virtual asset service entities in the country.Argentina is one of the most active cryptocurrency markets in Latin America. Industry reports indicate that nearly 20% of the local population is using digital assets, and over 15,000 businesses support cryptocurrency payments. As the demand for financial infrastructure and access to global markets continues to grow, Argentina has become an important strategic market for digital asset platforms.Bitget CEO Gracy Chen stated, "The regulatory framework for digital assets in Latin America is continuously improving. Completing the PSAV registration will help Bitget establish a more long-term local market foundation in Argentina and provide local users with a compliant and secure service experience."

According to Coinglass data, Binance had a net inflow of 507 million USDT in the past 24 hours.

According to Coinglass data, if ETH falls below $1,590, the cumulative long position liquidation intensity on major CEXs will reach $767 million. Conversely, if ETH breaks above $1,756, the cumulative short position liquidation intensity on major CEXs will reach $701 million.

Hong Kong Mortgage Corporation Limited announced the first issuance of HKD 12 billion public digital bonds, including three tranches: HKD 6 billion for a two-year term, HKD 2.5 billion for a five-year term, and RMB 3 billion for a three-year term. Among these, the five-year HKD bond is the longest maturity digital bond ever issued.It is reported that this issuance transaction is the largest digital bond issuance globally to date, and the Mortgage Corporation has also become the first public institution in Hong Kong to issue digital bonds. The bonds will be generated on a distributed ledger technology platform operated by the Central Clearing and Settlement System for debt instruments, which also serves as the settlement and delivery system for the digital bonds.

The globally leading digital asset trading platform Gate has launched stock trading on the Web, achieving comprehensive coverage on both App and Web. Users can participate in stock and ETF trading directly through a unified account, enabling centralized management of digital and securities assets.The launch of the Web platform is not only an expansion of trading channels but also an important step for Gate in strengthening its one-stop investment platform layout. In recent years, Gate has continuously expanded into traditional financial assets such as stocks, foreign exchange, metals, and commodities, while exploring emerging business directions like Pre-IPOs, direct IPOs, and prediction markets. In the future, Gate will continue to promote more market access, global liquidity connections, and cross-market trading capability development, further enriching its investment product matrix and creating a one-stop investment platform covering digital assets, stocks, and more global financial products.

According to monitoring by Arkham, Circle transferred approximately $4.397 billion USDC to addresses related to Coinbase on the HyperEVM network, making it the largest single USDC transfer recorded to date.

The Hong Kong Securities and Futures Commission has listed three "exiovip" related websites as suspicious virtual asset trading platforms, according to a report from the licensed virtual asset trading platform EXIO Limited. One of the websites is a fraudulent site, and the other two websites have no connection to EXIO Limited.In addition, the Hong Kong Securities and Futures Commission has also listed "chenguanginvestment" as a suspicious website, clarifying that this website has no connection to the licensed institution Capital International.

According to Solid Intel, the payment of approximately $12 billion in frozen assets from Iran may be completed using the Trump-related stablecoin USD1 (the World Liberty Financial stablecoin launched by World Liberty Financial). Sources say that the relevant transaction is expected to be approved through the democratic voting process of the World Liberty Financial forum, and all payments will be settled in USD1.

According to monitoring by Lookonchain, a mysterious giant whale has continuously bought in the past 3 days, accumulating a total of 10,800 ETH for approximately 17.94 million USDC, with an average transaction price of about 1,661 dollars.