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Sunday2026/0607
06-02

White-Hat Researcher Recovers 1,003.62 ETH Locked for 9 Years

An Ethereum [ETH]-based initial coin offering (ICO) called HongCoin, introduced in 2016, recently made headlines after 1,003.62 ETH was recovered. This was made possible with the assistance of Florent, a white-hat security researcher. This was equivalent to $2 million, which had been locked for nine...

Solana Aims to Build the World’s Strongest On-Chain Perpetual Derivatives Infrastructure

BlockBeats news, June 2: Solana officially published an article titled "Building Fully On-Chain Perpetual Contracts on Solana," committing to aggressively advance the ecosystem of fully on-chain perpetual contracts (Perps) with the goal of making Solana the world’s leading infrastructure for on-chai...

XRP Drops 3.4% Below $1.30 Amid Broader Market Weakness

XRP finally lost the $1.30 area traders had been defending for weeks, and the breakdown came on the heaviest volume of the session. Tokens continue leaving exchanges, which normally points to accumulation, but the market is still treating rallies as selling opportunities, leaving price stuck in a cl...

Trader Alleges $500K Loss in Polymarket Dispute Over MicroStrategy's Bitcoin Sale

A Polymarket trader has accused the prediction market platform of unfairly resolving a disputed market tied to Strategy’s first Bitcoin sale in years.The trader claims he lost around $500,000 after betting that the firm had sold BTC before a May 31 deadline – something that was officially confirmed ...

DuckDuckGo Launches 'No AI' Search Extension, Sees Surge in Traffic

CoinDesk reports:DuckDuckGo has launched a browser extension promoting "AI-free search," compatible with Chrome and Firefox. After installation, users can instantly set noai.duckduckgo.com as their default search engine to access a search page without AI summaries, AI-generated image results, or cha...

Cang Reports $102M Revenue in Q1 2026, Driven by Bitcoin Mining and Strategic AI Expansion

In the first quarter of 2026, the company generated total revenue of $102 million, of which the Bitcoin mining business contributed $98.4 million, with a total of 1,266 Bitcoins mined during the quarter.Author and source: Cang, CanguI. Key Financial Metrics: Stable Revenue Base, Significant Balance ...

Alphabet to Raise $80 Billion to Expand AI Infrastructure

CoinDesk reports:Alphabet disclosed that it plans to raise $80 billion to support its ongoing expansion of AI infrastructure. The company stated that the funds will be used for general corporate purposes, including expanding AI infrastructure and related global capital expenditures for computing pow...

WeChat tests built-in AI for cross-app tasks, faces chip shortage challenges

According to Beating Monitor, Tencent is testing an AI agent prototype within WeChat and plans to initiate compliance filings with regulators as early as this month. In early demonstrations, users can swipe right on the main WeChat interface to access the agent’s chat window; after entering a comman...

Strategy sells 32 BTC for dividend payments, first net sell since 2022

Author: Shenchao TechFlow On June 1, Strategy, the world’s largest publicly traded Bitcoin holder, filed an 8-K form with the U.S. Securities and Exchange Commission (SEC), disclosing the sale of 32 Bitcoin between May 26 and 31 at an average price of approximately $77,135, resulting in proceeds of ...

Injective Proposes Vulcan Mainnet Upgrade to Introduce New Oracle Engine and Reduce Transaction Costs

ME News reports that on June 2 (UTC+8), Injective released a proposal for the "Vulcan Mainnet Upgrade," which is currently in the voting phase. The proposal includes plans to execute the Vulcan mainnet upgrade (v1.20.0) on June 4. Key updates include the launch of a next-generation oracle engine, re...

EDGE Token Drops 77% Amid Suspected Market Manipulation

Original author: Ma He, Foresight NewsAt around 4:00 AM on June 2, the native edgeX token, EDGE, experienced severe abnormal volatility. The price dropped over 77% within a short time, from approximately $1.14 to a low of $0.32, and has since rebounded to around $0.64, with a market capitalization o...

Strategy Sells 32 BTC for $2.5M Amid Shift in Financial Strategy

Strategy sold 32 BTC for $2.5M, a tiny fraction of its ~800K BTC holdings overall.Saylor shifts focus to STRC financing and balance-sheet strength over BTC buys.Bitcoin weakness and $1.38B debt buyback signal shift from accumulation strategy.Peter Schiff reignited criticism of Strategy after the com...

Bitcoin Falls to $70K After Losing Key Cost Basis Zone, Analysts Warn of Further Drawdown

Bitcoin is on “the edge of a breakdown,” reported onchain analytics firm Swissblock on Monday.The analysts noted that the loss of the “Cost Basis Zone” has already triggered a decisive drawdown.Consolidation inside this zone appeared constructive, but there was no confirmation, and BTC failed to hol...

ETH/BTC rises 3.73% in one day, while BTC.D drops 3.46% over a month.

BlockBeats news, June 2: According to market data, ETH/BTC rose 3.73% over the past 24 hours, currently trading at 0.02824. Bitcoin’s market share (BTC.D) declined 3.46% over the past month, currently at 59.05%. The altcoin market share (OTHERS.D) increased 17.8% over the past month, currently at 8....

NEAR Price Surges 15% as Cross-chain Activity and NEAR Intents Drive Growth

NEAR jumped 15% as cross-chain activity and NEAR Intents drive strong adoption.NEAR Intents processed $19 billion volume, boosting ecosystem usage and revenue growth.Institutional inflows and upcoming upgrades strengthen the long-term bullish outlook for NEAR.NEAR Protocol surprised the market with ...

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