usdt

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

According to Coinglass data, Binance had a net inflow of 184 million USDT in the past 24 hours.

According to BSCN, long-time Bitcoin critic Peter Schiff recently stated that Tether's market capitalization will not only surpass Ethereum in the future but will ultimately exceed Bitcoin as well. He believes that the only uncertainty that exists is not the outcome, but how long this process will take to complete.Schiff stated that as the application of stablecoins continues to expand in payments, transaction settlements, and the circulation of digital dollars, the market demand for USDT may continue to grow faster than for volatile assets like Bitcoin. He insists that Bitcoin lacks intrinsic value, while stablecoins have a clearer use in actual financial activities.However, Schiff also mentioned that after the recent market crash, Bitcoin has gained short-term support around $61,000. BTC has rebounded more than $2,000 from its recent low, indicating that there is some buying support in that area.

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.

Drift Protocol stated that its current top priority is to restart the platform and restore revenue-generating capabilities to expedite the recovery process of user funds. After the platform restarts, it will become the largest USDT-based perpetual contract trading platform on Solana, and the related revenue will be used to support a specially established user compensation fund.Drift claims that substantial progress has been made in the restart efforts with strategic support from Tether and other partners. To enhance security, Drift announced the appointment of Noah Prince, the former head of engineering at Helium Protocol, as the protocol lead, responsible for protocol restructuring and security system upgrades.Meanwhile, former members of the Gauntlet team have also joined the restart efforts, providing risk management and treasury design support for the platform, including clearing engine reviews, funding rate optimization, market parameter adjustments, and ongoing risk monitoring. Additionally, Drift has hired the cybersecurity company Mandiant to conduct an independent forensic investigation of the attack incident.The investigation results indicate that this attack can be clearly attributed to the North Korean hacker group UNC6862, which is associated with multiple cyber attack operations. Drift stated that it will continue to prioritize security in advancing the platform restart and will announce the user compensation mechanism and specific timeline in the future.

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.

The Deputy Minister of Finance of Russia, Ivan Chebeskov, stated that he does not wish to allow dollar-denominated stablecoins to circulate in the Russian market. Chebeskov pointed out that foreign stablecoin issuers such as USDT and USDC have the ability to freeze users' wallet assets. Once the relevant wallets engage in transactions with platforms licensed by the Central Bank of Russia, the risk of asset freezing for holders will significantly increase.He revealed that there have already been cases where dollar stablecoins held by Russian legal entities were frozen by the issuers, while Bitcoin and Ethereum have not encountered similar situations due to the lack of relevant technical means. The Russian Ministry of Finance believes it is necessary to establish a regulatory framework specifically for stablecoins and to prioritize the development of stablecoins pegged to the ruble and the currencies of friendly countries, while also granting the Central Bank of Russia the authority to adjust the list of relevant assets.

According to Gate market data, Bitcoin has fallen below 63,000 USDT, currently reported at 62,979.48 USDT, with a 24H decline of 5.35%.

According to Onchain Lens monitoring, the whale "pension-usdt.eth" has completely closed its BTC short position, making a profit of 3.56 million dollars. It has opened a new 3x short position of 50,000 ETH (worth 89 million dollars), which has already gained over 4.5 million dollars, bringing the total profit to over 39.6 million dollars.

According to DeFiLlama data, after the launch of US stock trading on June 1, Binance saw a significant acceleration in capital inflow, with a net inflow of approximately $771 million in the past 24 hours. In contrast, May was primarily characterized by net outflows, with a net outflow of about $1.2 billion in stablecoins, and last week (May 25-31) also experienced outflows. The introduction of US stock trading is effectively attracting user funds.On the afternoon of June 1, Binance officially launched US stock and ETF trading services, offering non-US users access to over 7,000 US stocks and ETFs, supporting zero commissions, starting purchases at $5, and allowing direct trading with USDT, USDC, and others.

According to on-chain analyst Onchain Lens, as the market declines, the 3x BTC short position of the whale pension-usdt.eth currently has an unrealized profit exceeding $3.2 million and has begun to close positions. Meanwhile, this whale has also opened a new 3x ETH short position, and the position continues to increase.

According to monitoring by Lookonchain, the short positions in BTC and ETH for pension-usdt.eth two months ago incurred losses, with unrealized loss peaks exceeding 20 million dollars; five days ago, its ETH short position turned profitable and was closed, yielding a profit of 1.13 million dollars; currently, its 1,400 BTC short position is valued at 97.15 million dollars and has also turned profitable.

The Binance contract will launch the ANTHROPICUSDT U-based Pre-IPO perpetual contract on June 2, 2026, at 12:30, with a maximum leverage of up to 20 times. This contract will be issued by the Binance RCH clearing program, and users can pay attention to subsequent announcements for more information.

According to Coinglass data, on June 1 at 21:42, 39.8 million USDT was detected transferring from an unknown wallet to Binance.

According to Coinglass data, Binance had a net inflow of 39,920,600 USDT in the past hour.

To welcome Istanbul Blockchain Week (IBW2026), B.AI announced a joint interactive event called Twitter Bingo with AINFT and Bank of AI.It is reported that the event will take place from June 1 to June 5. Users can participate in the prize pool of a total of 500 USDT and 500,000 AI Credits (computing power) by completing screenshot tasks, leaving designated comments, and tagging friends in the official tweet. In addition, the event has a tiered reward mechanism, where the system will draw 20 or 50 eligible users based on the final number of valid comments (with a threshold of 300), with each receiving a reward of 10 USDT.

The Binance contract platform will launch the SLXUSDT perpetual contract on June 1 at 15:30, with a maximum leverage of up to 20 times. This contract will support a multi-asset model, allowing users to use assets other than USDT as collateral.

According to the official announcement, the globally leading digital asset platform Gate has officially launched real stock trading services, allowing users to directly participate in the U.S. mainstream securities market for stocks and ETFs using USDT.Currently, Android users can experience the stock trading feature after updating the Gate App to the latest version, and iOS users can also use the related services after updating to version 8.21.5. Unlike the widely discussed stock tokenization and RWA mapping models in the current market, Gate's stock services do not involve on-chain mapped assets or tokenized derivatives. Instead, they connect directly to the real securities market through compliant brokers holding U.S. Broker-Dealer licenses and clearing qualifications, providing users with real stock trading services.The brokers partnered with Gate are also members of the Securities Investor Protection Corporation (SIPC) and can provide corresponding protection for customer securities assets under certain conditions. This model aims to enhance trading transparency, asset security, and investor protection mechanisms, and also reflects Gate's ongoing expansion in accessing traditional financial markets.

According to the official announcement, the globally leading digital asset platform Gate has officially launched real stock trading services, allowing users to directly participate in the U.S. mainstream securities market for stocks and ETFs using USDT. Currently, Android users can experience the stock trading feature by updating the Gate App to the latest version, while iOS users can access the related services after updating to version 8.21.5. Unlike the widely discussed stock tokenization and RWA mapping models in the current market, Gate's stock service does not involve on-chain mapped assets or tokenized derivatives. Instead, it connects directly to the real securities market through compliant brokers holding U.S. Broker-Dealer licenses and clearing qualifications, providing users with real stock trading services.The brokers collaborating with Gate are also members of the Securities Investor Protection Corporation (SIPC) and can provide corresponding protection for clients' securities assets under certain conditions. This model aims to enhance trading transparency, asset security, and investor protection mechanisms, reflecting Gate's ongoing expansion in accessing traditional financial markets.