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Binance responded on platform X regarding the news related to the EU license, stating that the company remains committed to serving European users and will continue to operate in accordance with applicable laws. Binance indicated that as the MiCA transition period is about to end, the company is adopting a user-prioritized cautious strategy to minimize the impact of business adjustments, and will disclose subsequent arrangements and options to users after obtaining more information, with plans to release further updates by June 30, 2026.In addition, Binance stated that it has maintained constructive communication with regulators over the past 18 months and has actively participated in the MiCA approval process. According to its understanding, the Greek regulatory authority has completed its review of the relevant application and believes it meets MiCA requirements, and the application has also been accepted for review at the European Securities and Markets Authority (ESMA) level. Binance also mentioned that any delays or deviations in the MiCA authorization process could undermine market liquidity, competition, and user choice, and push some activities outside the EU. The company will continue to seek a compliant operational path under the MiCA framework and will keep users informed of progress.

According to official news, Pyra stated that after evaluating all feasible options, the company has decided to gradually shut down its operations. The official statement mentioned that the Drift vulnerability attack incident had a severe impact on its business and users. Despite continuously searching for a path to continue operations over the past few months, they ultimately failed to find a sustainable solution.

The Digital Renminbi International Operation Center officially signed service agreements with the first batch of 26 financial institutions in Shanghai, marking the official launch of the brand operation of the upgraded "Digital Currency Cross-Border Settlement Comprehensive Service Platform" (CBETS).It is reported that with the overall upgrade of the infrastructure architecture, the original three platforms for cross-border digital payment, blockchain services, and digital assets have been officially integrated into CBETS. This platform has outstanding advantages such as low access costs, high settlement efficiency, and strong compatibility: it technically supports both centralized and blockchain systems, and the message standards are compatible with ISO20022; the business scenarios not only support cross-border retail scenarios such as barcode payment and tap-to-pay but also comprehensively cover remittances, trade, and investment and financing settlement, as well as wholesale and financial innovation businesses.The first batch of 26 financial institutions includes overseas branches and subsidiaries of banks such as ICBC, ABC, BOC, CCB, Bank of Communications, Pudong Development Bank, and Guangfa Bank, as well as Standard Chartered China and Xinyin International. After the business goes live, its services will cover multiple countries and regions including Hong Kong, Macau, Singapore, Laos, Thailand, the UAE, Qatar, and Brazil, further leveraging digital technology to facilitate cross-border trade and investment financing.

Hyperbridge Cross-Chain Interoperability Protocol Hyperbridge announced the completion of a comprehensive architecture reboot, re-launching after completing security audits, bug bounty incentives, and system reconstruction, and officially transforming into a "hyperstructure." The protocol was suspended after the security incident on April 13, during which it completed a joint audit with organizations such as SRLabs and paid over $150,000 in bounties to security researchers.The team stated that this upgrade removed the original centralized management keys, transitioning to a fully permissionless network of validators and provers, achieving full-stack decentralized operation.This reboot also introduced the "Hyper Fungible Token (HFT)" standard, making each cross-chain asset an independent application layer structure, with issuers autonomously controlling cross-chain behavior rules, including pause mechanisms and throttling strategies. Hyperbridge also released the OFT (Omnichain Fungible Token) adapter, which is compatible with existing cross-chain protocols like LayerZero, allowing assets to be migrated to a zero-knowledge proof-based transport layer by simply modifying configuration parameters, without the need to redeploy contracts.In addition, the protocol's business model has shifted from a pay-per-use model to a subscription model, allowing cross-chain applications to pay a stablecoin fee of $50 to $1,000 per month for bandwidth services. The official statement indicated that this upgrade marks Hyperbridge's transition from an early cross-chain bridge project to a fully decentralized infrastructure protocol, aiming to provide a unified interoperability layer for a multi-chain ecosystem without the need for trusted intermediaries.

The crypto game studio Uncharted announced that due to the inability to find a suitable fit between crypto game products and market business, the team and its Web3 game Fishing Frenzy will officially cease operations.It is reported that the game server will officially close at 2 AM UTC on June 25. Currently, the trading functions for related tokens and gift packs in the game have been suspended. The official team will later provide refunds and asset redistribution for players based on snapshots.

Zelle operator Early Warning Services announced that India will be the first country for U.S. users to remit money to overseas friends and family through Zelle, with the service expected to launch by the end of this year. The company also introduced its own dollar-backed stablecoin ZelleUSD (ZLUSD) to support future international payment capabilities in other markets, with more details to be announced in the coming months. Early Warning Services is jointly owned by seven U.S. financial institutions, including Bank of America, JPMorgan Chase, and Wells Fargo.

a16z Crypto Operating Partner Jason Rosenthal posted on the X platform that cash flow is the moat. The best companies often establish themselves by placing themselves in the "cash flow," and cryptocurrency is the first modern technology born for this purpose. If your startup has not designed its products and business models around these principles, you will miss a great opportunity. Thanks to stablecoins, funds and value can now flow at the speed of the internet—global settlement, 24/7 uninterrupted, with end-to-end programmability.Railway companies do not make money from locomotives, but from every ton of goods that pass through the tracks; companies like Visa and Jane Street are all part of the cash flow. Cash flow combined with network effects is one of the most enduring business structures in history. There is a lot of profit margin in traditional financial services, and processes such as payments, custody, lending, foreign exchange, settlement, and market making can all be compressed. Crypto entrepreneurs have the opportunity to build the next generation of cash flow businesses that are programmable, instant, and global.This model can also be extended to computing, GPU markets, AI training data, energy, robotics, space, rare earth metals, and other fields. Founders should ask themselves: Are you in the cash flow? When the value of product activities grows tenfold, does your revenue grow accordingly? In your target market, where are the segments with the highest profit margins relative to the value created?

Thomas Eichenberger, Chief Strategy Officer of Swiss digital asset bank Sygnum, stated on Thursday that institutional clients are no longer waiting for a single stablecoin to prevail, but are instead demanding the integration of tokenized deposits, regulated stablecoins, and tokenized money market funds within the same infrastructure to achieve interoperability, allowing treasury departments to flexibly switch between permitted settlement, 24/7 cross-border flows, and on-demand liquidity yields.Sygnum has already launched a Swiss franc stablecoin testing project this year in collaboration with Swiss banking institutions such as UBS, PostFinance, Raiffeisen, and Zürcher Kantonalbank. At the infrastructure level, Eichenberger pointed out that most institutional discussions still default to using private chains, but actual operators are leaning towards a "public but permissioned" model, which combines public infrastructure with regulated access control.In addition, the Qivalis alliance, composed of 37 major banks from the European Union, plans to launch a digital euro by the end of this year, with the banking industry's autonomous push directly challenging European Central Bank President Lagarde's stance on central bank-led digital currencies.

According to Cointelegraph, a joint law enforcement operation involving 11 countries dismantled the Audi A6 cryptocurrency money laundering gang and the Dark2Web market, which handled approximately $390 million in illegal funds between 2022 and 2025. Authorities arrested two administrators from Russia and Ukraine in Georgia, seized 25 domain names, over 30 servers, 80 vehicles, and froze approximately $900,000 in cryptocurrency. Audi A6 operated on a "mixing coins as a service" model, charging a commission of 3% to 10%, and could "clean" cryptocurrency in about an hour. Chainalysis reported that since 2021, the Audi A6 wallet received approximately 10,333 BTC, valued at around $389 million at the time of the transactions. The investigation involved the United States, Australia, France, Poland, Georgia, Iceland, Canada, Germany, Japan, Switzerland, and the United Kingdom, coordinated by Eurojust and Europol. Law enforcement agencies identified over 6,000 fake KYC accounts created using stolen or purchased identities to transfer illegal funds.

The NFT collateral lending platform NFTfi officially announced on the X platform that due to the shrinking NFT market leading to potential revenue not covering operational costs, it has decided to gradually shut down the project over the next few months.Starting today, the platform will no longer support the initiation of new loans, and existing loans can be refinanced before July 31. Borrowers can repay loans at any time before August 31, and all existing loans will be executed under the original terms.NFTfi will cease operations on August 31, 2026, and the front-end website will be taken offline. The smart contracts will continue to operate autonomously on-chain, and users can thereafter repay loans and claim collateral directly through the contracts. Before the shutdown, the official will release detailed instructions for direct interaction with the smart contracts, and Discord will remain open during this period to provide support.

According to a report by Bloomberg, Meta Platforms Inc. has completed the operational separation from Manus and has stopped data sharing between the two companies. According to informed sources, Meta, the parent company of Facebook and Instagram, has effectively established a firewall between itself and the Chinese company Manus. The sources stated that since the beginning of this month, Meta has prohibited Manus and its employees from accessing the internal data systems of the American company. The sources also indicated that Meta's employees are therefore unable to use Manus's tools for internal projects. Due to the involvement of internal decisions, these sources requested anonymity.An internal memo seen by Bloomberg News shows that Meta is gradually winding down Manus's operations. The memo indicates that employees have been instructed to migrate existing Manus projects to Meta's systems and not to undertake new work on the artificial intelligence platform. Informed sources stated that these measures aimed at separating the operations of the two companies mark a step forward in the eventual divestiture of Manus.

According to the Bangkok Post, Thai police raided a scam base in the Saraphi district of Chiang Mai province, arresting 10 Chinese citizens and seizing 67 mobile phones, 7 iPads, and 13 laptops.

Janus Henderson Investors, managing assets of $480 billion, announced a multi-faceted collaboration with the synthetic dollar protocol Ethena.Integrating its AAA-rated collateralized loan obligation (CLO) product JAAA strategy into the USDe reserve portfolio, introducing institutional-grade credit exposure.Making a strategic investment in Ethena's governance token ENA through its blockchain investment division ANTIK, with the amount undisclosed.Committing to incorporate the staked version of sUSDe into the company's financial cash management to earn native protocol yields.Both parties will jointly develop regulated investment tools for USDe and ENA (including ETFs and ETPs), aiming for a launch in the second half of 2026.According to DefiLlama data, the Ethena protocol's TVL is approximately $4.95 billion. Following the announcement, the market reaction was muted, with ENA dropping about 7% to around $0.082, giving it a market capitalization of approximately $760 million. This collaboration makes Janus Henderson the traditional asset management company with the deepest integration with Ethena to date.

According to Bits.media, EU High Representative for Foreign Affairs and Security Policy Kaja Kallas stated that the EU plans to restrict 11 cryptocurrency platforms in the 21st round of sanctions, claiming that these platforms assist Russian authorities and businesses in evading international sanctions. The new measures will also tighten the ban on providing cryptocurrency-related services to third countries, expand the sanctions list, and prohibit transactions with these 11 cryptocurrency platforms, although the names of the platforms have not been disclosed.European Commission President Ursula von der Leyen stated that the new sanctions aim to increase pressure on the structures that help Russia maintain international financial channels. In addition, the new sanctions will involve about 90 Russian banks, of which 31 may face a complete trading ban. The EU has already imposed sanctions on cryptocurrency transfer and exchange service providers registered in Russia in the 20th round of sanctions, which took effect on May 24.

Humility Protocol released a security incident update on the X platform, indicating that yesterday the H token suffered a coordinated attack on the Ethereum and BSC chains, with over $36 million in assets confirmed to have been stolen and sold off.Preliminary investigations show that the incident originated from an employee's computer being compromised, leading to the leakage of the multi-signature wallet keys controlling the Hyperlane Bridge ProxyAdmin. Among them, the attacker obtained 3 out of 6 private keys from Gnosis Safe holders on the Ethereum chain, transferred ownership of ProxyAdmin to their controlled wallet, and upgraded the bridging contract to a malicious implementation, subsequently transferring approximately 141.2 million H tokens in a single transaction.Meanwhile, the attacker also controlled 3 out of 5 private keys from Safe wallet holders on the BSC chain, taking over ProxyAdmin in the same manner and deploying a malicious contract with unlimited minting capabilities, minting 200 million H tokens to their wallet in two transactions.Humility stated that it has suspended all deposit and withdrawal operations for the affected bridging services and is collaborating with exchanges and other relevant partners to mitigate losses, while also cooperating with law enforcement to investigate and attempt to recover some of the stolen funds.

According to BBX data, last week the expansion of institutional crypto infrastructure and the differentiation of cash flow management models for mining companies were implemented simultaneously. The core dynamics are as follows:Morgan Stanley (NYSE: $MS) Wealth Management Department and Galaxy Digital Inc. (NASDAQ: $GLXY) officially announced a recommended cooperation agreement on June 5: allowing Morgan Stanley's qualified high-net-worth clients to lend directly held BTC, ETH, or SOL to Galaxy Digital. After Galaxy, as an Authorized Participant (AP), completes the creation of physical shares, the corresponding spot crypto ETP shares (including Morgan Stanley Bitcoin Trust, NYSE Arca: $MSBT) will be directly transferred to the client's brokerage account; the converted ETP shares can be used as collateral for account financing. Key parameters: Galaxy Digital has reduced the minimum trading threshold for Morgan Stanley's recommended clients from $25 million to $5 million, significantly expanding the coverage of qualified high-net-worth clients; traditional similar institutional trades usually take more than four weeks to complete, while the new mechanism can shorten the entire process by up to 75%. The legal basis for this cooperation is the SEC's approval of the physical conversion ETF mechanism for crypto assets in July 2025, allowing direct physical conversion between directly held crypto assets and spot crypto ETFs, with Morgan Stanley's $MSBT being one of the first beneficiary products.Bitdeer Group, Inc. (NASDAQ: $BTDR) reported that as of the week of June 5, 2026, Bitcoin mining output was 205.3 BTC, with the same amount sold, resulting in a net holding of 0 BTC, maintaining a current BTC position of zero, continuing the "output equals sale" cash flow management strategy; the proceeds from sales are used to support the R&D of its SEALMINER mining hardware product line and the expansion of hash power hosting services. Bitdeer's zero holding model sharply contrasts with mining companies like CleanSpark, Inc. (NASDAQ: $CLSK) (holding approximately 13,561 BTC) and MARA Holdings, Inc. (NASDAQ: $MARA) (holding approximately 35,303 BTC), which continue to accumulate Bitcoin, representing another financially rational path for mining companies during the BTC price downturn cycle—exchanging immediate liquidity for stable operational cash flow, avoiding the impact of single asset price fluctuations on the balance sheet.

According to today's on-chain analyst monitoring, BitMEX co-founder Arthur Hayes' associated address purchased 33,979 HYPE, to which he responded, "There has been no buying activity."

The World Cup will kick off on June 11, and the Hong Kong police have launched operations "Gobi" and "Wind Shield" to combat illegal betting on sports through publicity, education, intelligence, and law enforcement. The police pointed out that in recent years, illegal gambling has shown a trend of digitalization, including online betting, social media attracting gamblers, and using virtual currency for bets. The police stated that they still have the capability to trace participants.According to the law, betting with illegal bookmakers can result in a maximum sentence of 9 months and a fine of 50,000 HKD, accepting bets can lead to a maximum sentence of 7 years and a fine of 5 million HKD, and money laundering can result in a maximum sentence of 14 years and a fine of 5 million HKD. The police also shared a case of a young person who was once addicted to illegal gambling, who owed a maximum of 160,000 HKD at his peak. A police clinical psychologist warned that those who start gambling before the age of 18 have a risk of developing gambling disorders of over 80%.

Yuga Labs CEO Michael Figge posted on the X platform that his team has just completed a white hat operation on a vulnerability found in the Flooring Protocol. The following assets are now safely held by Yuga Labs: 29 Bored Apes, 4 Mutant Apes, 1 BAKC, 2 CryptoPunks, 1 Azuki, 2 Elementals; 26 Captains, 1 Moonbird, 2 Doodles.Team Vice President @0xQuit recovered these assets, and @coffeedev discovered that the same vulnerability posed a greater risk to other Flooring collectible series (such as BAYC and CryptoPunks). Figge instructed GrailsOTC trading desk to advance funds and NFTs to rescue the at-risk assets from the protocol. The team will work with the protocol developers to return the assets.