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Kraken employee Nata posted an explanation for why the SpaceX Pre-IPO orders were only partially fulfilled: global demand far exceeded the allocation limits set by underwriters, and the unmet portion will be fully refunded without any charges.ChainCatcher previously reported that Kraken employee Nata stated that the subscription limit for SpaceX tokenized stock (SPCX) on the xStocks platform "was much less than expected and was significantly reduced," adding a note to "cancel hedging." Currently, Kraken has not issued an official statement on this matter.

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.

According to The Block, Strike founder and Twenty One Capital CEO Jack Mallers stated that the current price of Bitcoin reflects the true state of the global liquidity crisis. He pointed out that the University of Michigan Consumer Confidence Index is at a historical low, while the S&P 500 is at a historical high, indicating that central bank intervention has distorted the value of the stock market as a signal. Mallers said, "Bitcoin is the closest thing we have to the truth of money."Mallers believes that countries are currently financing wars, AI development, and deficit spending simultaneously, individuals are defaulting on credit cards and rent, and the world is in a cash-raising mode, selling the most liquid assets. "You sell what you can sell, not what you want to sell." Regarding Strategy selling 32 BTC, Mallers stated that this was to make the market accept the reality that its "never sell" stance is no longer feasible. He questioned whether Strategy's perpetual priority tool creates a permanent liquidity obligation, requiring choices to be made among different stakeholders each time liquidity is needed.

The US stock market weakened overall due to geopolitical risks and a high-level correction in technology stocks, while the optical communication sector showed resilience against declines. According to CoinGlass data, Coherent (COHR) is currently priced at $360.06, with a daily increase of 1.21%, and the total contract open interest across the network reached $8.9669 million, with approximately $843,300 in contract open interest on the Gate platform, ranking third in the network. In addition, Lumentum (LITE) is currently priced at $865.82, with a daily increase of 5.86%, and the total contract open interest increased by 29.17%, with approximately $777,000 in contract open interest on the Gate platform, also ranking among the industry leaders.

Coinbase CEO Brian Armstrong posted on the X platform that Coinbase has been approved to offer global crypto perpetual contracts to users in the United States. He stated that for years, crypto trading has shifted overseas due to the lack of clear regulations in the U.S., and perpetual contracts are high-quality products that traders want but are not allowed in the U.S. It is estimated that about half of the perpetual contract trading volume comes from Americans using offshore products with relaxed regulations through VPNs.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Valorant: Global Esports Match XLG Gaming - VCT London Masters Group Stage," the option "XLG Gaming" in the sub-market "Map 2 Round Spread: XLG Gaming (-2.5) vs Global Esports (+2.5)" has experienced a dramatic fluctuation in win probability, soaring from 50% an hour ago to the current 95% (a fluctuation of 45%). Please note the impact of relevant breaking news.

According to official news, the decentralized futures exchange MNX, aimed at the AI economy, has completed a $6.4 million financing round, with participation from Village Global, Cambrian, Relay Digital, North Island Ventures, and others.MNX aims to build AI-native derivatives infrastructure, covering GPU leasing prices, data center electricity cost futures, valuation markets for private labs such as OpenAI, Anthropic, DeepSeek, AI benchmarks and financial forecasting markets, as well as global stock perpetual contracts related to AI. The platform supports leverage, portfolio margin, and batch auction fair execution, with settlement conducted in a completely non-custodial manner on MegaETH, and the mainnet is scheduled to officially launch this summer.

According to monitoring by Catcher Predict, in the market prediction on Polymarket for the event "Valorant: Global Esports Match FULL SENSE - VCT London Masters Group Stage," the "Global Esports" option in the sub-market "Map 2 Round Spread: Global Esports (-3.5) vs FULL SENSE (+3.5)" has experienced a dramatic fluctuation in win probability, soaring from 50% an hour ago to the current 90.05% (a fluctuation of 40.05%). Please note the impact of related breaking news.

Driven by the Bitget US stock 2.0 upgrade, according to DefiLlama data, Bitget has seen a net inflow of approximately $177 million in the past 7 days, ranking second among global centralized exchanges. During the same period, OKX ranked first with $409 million, and Bybit ranked third with $161 million.

Recently, the global memory chip sector has been active, with the expansion of AI computing power and the ongoing construction of data centers continuously driving market demand for high-performance storage products, attracting widespread attention from investors. According to Gate market data, Micron Technology (MU) reached a high of $933.49 in 24 hours, currently reported at $906.52, with a 24-hour increase of 3.49%; SK Hynix (SKHYNIX) reached a high of $1348.10 in 24 hours, currently reported at $1318.40, with a 24-hour increase of 8.31%. According to CoinGlass data, the trading volume of Gate MU (Micron Technology) contracts reached $11.3353 million in 24 hours, and the trading volume of Gate SKHYNIX (SK Hynix) contracts reached $3.9042 million in 24 hours, both ranking among the industry leaders, with the trading heat of related assets continuing to rise.

Senator Kevin Cramer stated in an interview that the U.S. Congress must immediately pass the Clarity Act, or else the cryptocurrency industry and future financial control will completely shift to other countries around the world.He emphasized, "This is not a Bitcoin issue, but a strategic issue of who controls the future of finance."

Deep Tide TechFlow published an in-depth article titled "From 'Fragmented Entry' to 'One Account': Gate TradFi Makes Global Asset Allocation Within Reach." The article points out that as traditional financial assets and the crypto market accelerate their integration, traders' demand for unified, multi-asset trading platforms is increasing, and TradFi has become an important strategic direction for leading crypto trading platforms.The article emphasizes Gate TradFi's product layout and development, including support for users to trade over 10,000 real stocks and ETFs, covering more than 440 CFD products such as foreign exchange, metals, indices, and commodities, as well as diversified asset categories like Pre-IPO, tokenized stocks, and ETFs. Data shows that Gate TradFi's CFD business has reached a daily trading volume of over $30 billion, demonstrating the platform's activity and market demand in the global traditional financial asset trading field. The article believes that Gate is bridging crypto assets and traditional financial markets through a unified account system, providing users with a one-stop global asset allocation experience.In addition, the article also points out that against the backdrop of most trading platforms laying out TradFi business, Gate is forming a differentiated competitive advantage through asset coverage speed, product innovation capabilities, and the construction of a multi-asset trading ecosystem, continuously lowering the threshold for global asset allocation and gradually promoting the concept of "one account trading global assets."

According to Bloomberg, the U.S. government is betting that stablecoins issued by private entities like Tether, pegged to the U.S. dollar, will expand to about $3 trillion in the coming years to support the international dominance of the dollar and absorb more demand for U.S. Treasury bonds.However, the article points out that the current mainstream stablecoin issuers are concentrated in Tether, which has questionable compliance and anti-money laundering practices in its registered location. In the event of a run or smart contract failure, this could impact the large amount of U.S. Treasury assets it holds and disrupt global payments and settlements. The European Central Bank is promoting the use of central bank digital currencies and "tokenized euros" to support atomic settlements, in order to avoid being locked into U.S. private dollar tokens on critical financial infrastructure.

S&P Global stated that it will maintain its existing eligibility requirements for major benchmark indices such as the S&P 500, rejecting proposals to expedite the inclusion of large companies like SpaceX into the benchmark index after their IPOs. On Thursday, S&P Dow Jones Indices noted in a press release that it will not shorten the current 12-month "maturity period" set for newly listed companies, nor will it waive existing profitability and public float requirements based on company size.This means that SpaceX will not be eligible for inclusion in the S&P 500 until at least one year after its IPO and must also meet the existing profitability and public float requirements of the index, which state that the company must be profitable according to GAAP in the most recent quarter and in the total of the most recent four quarters, and that the public float must be no less than 50%.

According to 8 marketcap data, Bitcoin's market value has dropped to the 16th position among global mainstream assets, currently reported at $1.26 trillion, while Ethereum's market value has fallen to the 104th position, currently reported at $211.6 billion.

Bitget officially launched the 2026 Global Anti-Fraud Month campaign in June, themed "More Assets, Stronger Protection: Safe Journey in the Multi-Asset Era." As crypto assets, tokenized stocks, AI, and other related products converge on the same platform, the security challenges faced by users have far exceeded those of the single asset era. This is the third consecutive year that Bitget has initiated this security initiative, aimed at helping users enhance their risk awareness in the multi-asset era.According to Interpol data, financial fraud related to the global multi-asset market is expected to cause losses exceeding $442 billion by 2025. As tokenized financial products accelerate their entry into mainstream trading environments, fraudulent methods have expanded from traditional phishing and SMS spoofing to new scenarios such as AI-generated scams, identity manipulation, and malicious smart contracts. Bitget CEO Gracy Chen stated that the financial system is becoming more interconnected, necessitating assistance for users to better identify risks.During Anti-Fraud Month, Bitget will successively release multiple safety science articles and video content, providing in-depth analysis of new fraud trends in the AI and RWA fields. In the later stages of the event, it will collaborate with on-chain security agencies, RWA institutions, and AI industry partners to jointly release anti-fraud reports related to multi-asset trading and AI financial risks, further expanding the coverage of user protection and risk education.

At the annual shareholder meeting held in Hsinchu, TSMC Chairman and CEO C.C. Wei stated that the global chip supply will still be unable to meet the surge in AI demand in the coming years. Even though TSMC is expanding its capacity in the United States, it will be difficult to fully meet the needs of American customers, and achieving a balance between supply and demand will take a long time.C.C. Wei reiterated that TSMC's sales are still expected to grow by more than 30% this year. The company's capital expenditure is expected to approach the upper limit of $56 billion this year, while global major hyperscale cloud service providers are expected to spend $725 billion in the AI sector. Affected by Broadcom's performance outlook, TSMC's stock price in Taipei fell slightly by 1%, but the cumulative increase over the past three years has exceeded four times. C.C. Wei also stated that the average bonus for employees will increase by more than 30% this year.

According to GMGN monitoring, the Chinese meme coin "Lobster" on the BSC chain has risen since this morning, with a current market value of 9 million USD and a 24-hour increase of 31%, while the trading volume during the same period reached 950,000 USD.Meme coin trading is highly volatile, largely relying on market sentiment and speculative concepts, with no actual value or use cases; investors should be aware of the risks.