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Tuesday2026/0609
06-04

Arthur Hayes sells 247,334 HYPE tokens worth $18.02 million days after betting against Kyle Samani

BlockBeats news, on June 4, according to on-chain monitoring firm OnchainLens, Arthur Hayes sold 247,334 HYPE tokens, valued at approximately $18.02 million, along with an undisclosed amount of NEAR tokens.Notably, this sell-off occurred shortly after Arthur Hayes and Kyle Samani publicly made a $10...

U.S. House Democrats Call for FTC Investigation into Prediction Market Advertising

Odaily Planet Daily reports: Nine Democratic members of the U.S. House of Representatives have called on the Federal Trade Commission (FTC) to investigate prediction markets, examining whether their advertising practices align with their representations to regulators. Representatives Kevin Mullin an...

Bitcoin OG whales selling to institutions; next bull run expected

According to ME News, on June 4 (UTC+8), Ki Young Ju, CEO of CryptoQuant, posted on X that the selling by Bitcoin OG whales and long-term miners represents a large-scale shift of holdings to traditional U.S. financial institutions, investors, and ETFs. He believes that the ultimate value of an as...

Arthur Hayes sells 247,334 HYPE tokens worth $18.02 million

ChainCatcher report, according to Onchain Lens monitoring, Arthur Hayes sold 247,334 HYPE tokens ($18.02 million) and an unknown amount of NEAR. This sale occurred shortly after he publicly challenged Kyle Samani to a $100,000 charitable bet, claiming that HYPE would outperform all other top-10 cryp...

KuCoin Lists TEA with GemPool Campaign and 26M TEA Giveaway

KuCoin has listed TEA, with TEA/USDT trading set to begin on June 4 and deposits already open via ERC-20. KuCoin launched a 133.3M TEA GemPool campaign, allowing users to stake USDG, KCS, or TEA for rewards. A separate 26M TEA giveaway includes a 22M TEA GemSlot Carnival and a 4M TEA Learn & E...

Ramp Report: Many U.S. Firms Choose DeepSeek API to Reduce Costs

According to monitoring by Beating, a report released by Ramp, a U.S.-based business expense management platform, for June 2026, China’s AI company DeepSeek has topped the list of popular software. Despite prior U.S. government restrictions on Chinese large models, actual commercial transaction data...

US Proposes 10-12.5% Tariffs on 12 Countries Over Forced Labor Concerns

The Office of the United States Trade Representative dropped a nearly 100-page report on June 2 proposing fresh tariffs on imports from a dozen economies that, according to the agency, have failed to crack down on goods produced with forced labor. The proposed duties range from 10% to 12.5%, dependi...

Mt. Gox Transfers 116.3 BTC Worth $8.16M to Bitstamp

Mt. Gox deposited 116.3 BTC into Bitstamp. The transferred Bitcoin is valued at approximately $8.16 million. The transaction was identified through blockchain data tracked by Arkham.Mt. Gox Bitcoin Transfer Draws Market AttentionThe cryptocurrency community is once again watching wallet activity lin...

Ethereum Hits 14-Week Low as Bitmine Raises $300M in Preferred Stock Amid $9.2B ETH Loss

Ethereum NewsBitmine Immersion Technologies is launching a $300 million perpetual preferred stock offering, adopting the same financing template that Strategy popularized in the Bitcoin treasury sector. The firm filed with the SEC to issue 3 million shares of 9.50% Series A perpetual preferred stock...

Deel Launches DLUSD Stablecoin for Global Payroll Without US Bank Accounts

Two announcements from traditional financial powerhouses this week signal that stablecoins are becoming the plumbing of everyday finance.Getting Paid in StablecoinsDeel, the global payroll platform serving 40,000 businesses and 1.5 million workers across 150 countries, launched DLUSD on June 3, a cu...

BTC, ETH, SOL, XRP ETFs Lose $4.4 Billion in 13 Sessions, HYPE ETF Remains Positive

The bitcoin ETF bleed has spread across crypto. U.S. spot bitcoin funds shed another $396.60 million on Wednesday, extending a record outflow streak to 13 straight sessions and a $4.37 billion drain since mid-May, while ether, solana and XRP products joined the redemption wave. Hyperliquid's spot HY...

Bitmine Immersion to Raise $300M via Preferred Stock to Buy More Ethereum

Bitmine Immersion Technologies is reaching for more Ethereum, and it’s willing to pay nearly double-digit yields to get it.The NYSE-listed firm (ticker: BMNR) announced plans to issue 3 million shares of 9.50% Series A Perpetual Preferred Stock, priced at a stated value of $100 each. If fully subscr...

Gauntlet and Resolv Reach Agreement on USR Vulnerability Compensation, Over 4.38M USDC Available via Merkl

According to ME News, on June 4 (UTC+8), the DeFi risk management protocol Gauntlet and the on-chain yield protocol Resolv reached a compensation agreement regarding the USR vulnerability. Affected Gauntlet strategy vault users can claim a total of 4,379,827 USDC in recovery funds via Merkl. Claims ...

Cardano Founder Warns of More Project Failures in 2026

Story HighlightsCharles Hoskinson warns a wave of Cardano project failures could be approaching by the year end.TapTools and JPG Store closures raise concerns about ecosystem sustainability today.ADA remains under pressure while ecosystem consolidation accelerates across Cardano.Cardano founder Char...

DAT companies face crisis as mNAV falls below 1 and ETFs continue net outflows

ME News reports that on June 3 (UTC+8), Bitmine, Tom Lee’s Ethereum treasury company, announced plans to publicly offer $300 million in perpetual preferred shares with a 9.50% dividend, paid weekly in cash. Earlier in late May, Strategy sold its first Bitcoin in four years—32 BTC, worth approximatel...

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