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Monday2026/0608
06-07

The UK Government Plans Strategic AI Chip Procurement to Boost Domestic Industry

ME AI News, June 7: The UK government plans to purchase AI chips from tech companies to encourage them to continue developing in the UK. UK Minister for Technology Liz Kendall will announce the plan during London Tech Week. According to the draft proposal, the UK government will conduct "strategic p...

Anthropic Finalizes $35 Billion Debt Financing for Google TPU Leases

ChainThink reports that on June 7, according to Bloomberg, Anthropic PBC has secured a $35 billion debt financing package from Apollo Global Management Inc. and Blackstone Inc., which will be used to purchase and lease Google’s custom-developed TPUs to expand its AI infrastructure.According to insid...

U.S. Senators Push Regulators to Revisit Bitcoin's 1,250% Risk-Weight Rule

A group of U.S. senators is pressing federal banking regulators to revisit the 1,250% risk-weight rule applied to Bitcoin and other digital assets, arguing that the current capital treatment effectively blocks banks from offering cryptocurrency services.The bipartisan effort, led by Senator Cynthia ...

Crypto Market Dips 3.63% Amid Extreme Fear Index, Bitcoin and Ethereum Rise

The crypto downturn has further deepened over the past 24 hours. Hence, the cumulative crypto market capitalization has hit the $2.09T mark, displaying a 3.63% decrease. However, the 24-hour crypto volume has undergone a 39.20% rise, hitting $169.76B. At the same time, the Crypto Fear & Greed In...

Blackstone Bitcoin ETF records largest weekly outflow since launch; U.S. BTC ETF sees second-largest outflow

CryptoNews.com, June 7: 1. BlackRock’s Bitcoin ETF recorded its largest weekly outflow since inception; US BTC ETF saw its second-largest weekly outflow. 2. Thirteen RETH wallets were hacked, resulting in losses of approximately $4.5 million. 3. Zachxbt: Multiple Jucoin users reported withdraw...

ZachXBT Warns of JuCoin Withdrawal Issues and Concerns Over Reserve Transparency

According to a post by ZachXBT, users of the East Asian exchange JuCoin have reported withdrawal issues over the past week. Its proof-of-reserves published on X claims total reserves of approximately $511 million, but the majority consist of USDC and USDT issued on its own blockchain, JuChain, raisi...

TradFi 24-hour trading volume reaches $326.8M, with indices accounting for nearly 60%.

ME News report, June 7 (UTC+8): This ranking covers five assets, with the indices sector accounting for 59.2% of trading volume. However, the stocks sector shows elevated 8-hour funding rates for MU and MRVL, indicating significantly higher long positioning costs. SP500 exhibits negative funding alo...

Canada Adds 88,000 Jobs in May, Unemployment Drops to 6.6%

Canada just posted its best jobs report in months, and it wasn’t even close to what economists predicted. The economy added 88,000 positions in May, obliterating the consensus forecast of roughly 10,000 new jobs.The unemployment rate dropped 0.3 percentage points to 6.6%, down from 6.9% in April. Fo...

Man Gets Forehead Tattoo for Pump.fun Bounty, Earns $17,500 from Meme Coin

Pump.fun introduced ‘GO’ last week as a bounty marketplace where users can pay strangers in crypto to do almost anything. Within days, one of those bounties turned into a bizarre dispute over a forehead tattoo, a misspelled meme coin ticker, and a blocked 40 SOL payout.Arivu, a man from Tamil Nadu, ...

Bitcoin ETFs Record Worst Week Amid BTC's 19-Month Low

The spot exchange-traded funds tracking the world’s largest cryptocurrency are typically a solid sign of how the underlying asset’s price performs, unlike some of the altcoins.As such, it’s perhaps no surprise that, in the past week, in which BTC plummeted to a 19-month low, they experienced massive...

AVAX Drops 14% as Key Support Breaks and Market Sentiment Weakens

AVAX drops 14%, breaking key support and weakening overall market structure.Short positions dominate while open interest falls, signaling weak trader confidence.Whale activity rises but fails to support price recovery or stop decline.Avalanche — AVAX, faces a sharp downturn after a 14 percent drop i...

rETH Holder Loses $4.5M in Hack, Recovers $47M in Assets

Odaily Planet Daily reports that, according to Specter monitoring, a holder of rETH had 13 wallets compromised on June 5, resulting in an estimated loss of $4.5 million in assets. However, the victim detected the attack before the attacker could further transfer the funds and successfully moved appr...

Tokenized chip stocks rise, SK Hynix up nearly 7%

Odaily Planet Daily report: Tokenized chip stocks are generally rising.DRAM is currently trading at 58.22 USDT, with a 24-hour increase of 7.08%;MU is currently trading at 896.52 USDT, with a 24-hour increase of 3.69%.SKYNIX is currently trading at 1,295.25 USDT, with a 24-hour increase of 6.94%.On ...

OPEC+ to Increase Production Target by 188,000 Bpd Starting in July

Huo Xing Finance reports that, on June 7, according to CNBC citing three OPEC+ sources, despite ongoing U.S.-Iran tensions hindering several member countries from increasing oil production, OPEC+ is expected to agree on Sunday to raise its oil production target for the fourth time in just a few mont...

U.S. Bitcoin ETFs Experience $4.4 Billion in Outflows, Weighing on Crypto Market

CoinDesk reports:Foreign media report that over the past three weeks, U.S. spot Bitcoin ETFs have experienced sustained large-scale capital outflows, weakening the primary buying force that previously supported market rebounds. As Bitcoin falls below its key price range, selling pressure has further...

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