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According to a report by Sing Tao Daily, the Hong Kong Securities and Futures Professionals Association stated that after a meeting with representatives from the regulatory authorities, including Deputy Secretary for Financial Services and the Treasury Chen Haolian and Executive Director of the Securities and Futures Commission's Intermediaries Division Ye Zhiheng, the Securities and Futures Commission has committed to advancing measures such as the separation of the "Virtual Asset Platform Practitioners Examination" (CVAP) exam and curriculum, optimizing review materials, and reducing assessment fees.The association will follow up on the relevant timeline and continue to communicate with the Financial Services and the Treasury Bureau and the Securities and Futures Commission on practical issues such as self-custody operation guidelines for private equity funds, the boundaries of technology services and regulated activities, and the VA Payment regulatory framework.

According to Vietnam's Youth Newspaper, the Ministry of Public Security of Vietnam recently held a press conference to report the latest investigation results of the ONUS cryptocurrency platform fraud case. More than 350 kilograms of gold and silver have been seized, transactions involving 8 properties valued at 20 trillion Vietnamese dong have been frozen, and transactions of over 300 involved bank accounts have been suspended.On March 23 of this year, the police filed criminal charges against 8 defendants, accusing them of using computer networks and telecommunications networks to commit property appropriation and money laundering. Since 2018, the individuals involved have taken advantage of the public's lack of understanding of cryptocurrency, creating digital accounts through applications and packaging them as virtual currency. They established trust and attracted investment through circular buying and selling among affiliated companies, thereby committing fund appropriation, with a total sale of cryptocurrency valued at over 70 trillion Vietnamese dong from 2018 to 2021.The case involves numerous individuals and users, with approximately 5 million user accounts opened. The police have received over 2000 reports from citizens. The public security authorities are investigating the possible accomplice responsibilities of KOLs and other internet celebrities and continue to make every effort to recover the embezzled funds.

According to Malaysian media "The New Straits Times," Malaysian police raided an illegal cryptocurrency mining operation located in a warehouse in the Port Klang Free Trade Zone at Pulau Indah yesterday and shut it down. During the raid, two foreign men, aged 20 and 31, were detained, and mining equipment was confiscated.According to Malaysian law, this action violates the Penal Code and the Electricity Supply Act. If convicted, the two men could face ten years in prison and a fine of 100,000 ringgit (approximately 24,500 USD).

According to Bloomberg, the Federal Police of Brazil simultaneously carried out law enforcement actions in multiple locations in São Paulo to implement the sanctions resolution previously issued by the U.S. Department of the Treasury, targeting cross-border money laundering gangs serving the Brazilian gang "First Command of the Capital (PCC)."This operation executed 11 temporary arrest warrants and conducted 13 searches and seizures, involving two core individuals who have been placed on the sanctions list by the U.S. authorities. As ruled by the court, a total of 1.04 billion reais (equivalent to 200 million dollars) in funds, physical assets, and cryptocurrencies associated with the individuals involved have been frozen.The individual involved, Stella Stefanie Nunes Henrique de Oliveira, has been arrested by the police, while another suspect, Victor Henrique de Oliveira Shimada, is currently at large. U.S. authorities accuse the two of establishing multi-layered financial channels, relying on cryptocurrency transfers, cash transportation, and large transfers between public and private accounts to move criminal proceeds. The suspects will face multiple charges including conspiracy, money laundering, and illegal cross-border transfer of funds.

JPMorgan analysts stated that Michael Saylor's Strategy recently officially launched a Bitcoin selling policy, transforming the company from a pure BTC buyer into a potential seller, introducing "avoidable two-way risk" to the crypto market. Strategy's Bitcoin selling policy is called the BTC Monetization Program, allowing the company to sell Bitcoin to raise up to $1.25 billion in cash reserves for paying preferred stock dividends and interest expenses, or for repurchasing preferred stock and common stock to optimize its capital structure.JPMorgan believes that if Strategy may sell BTC in the future, it will increase market uncertainty and volatility regarding Bitcoin prices. Analysts noted that if the company instead supplemented future dividend payment reserves through equity issuance, this risk could have been avoided. Strategy currently has a minimum cash reserve target set to cover 12 months of preferred stock dividends and interest expenses, with the current $2.55 billion cash reserve approximately covering 17 months of dividends. JPMorgan believes the company should increase its cash reserves to cover 24 to 36 months of related obligations, even if this may lead to common stock trading at a discount to net asset value, it would reassure investors that the company will not be forced to sell Bitcoin in the short term.

According to Jinshi reports, European Central Bank President Lagarde stated that most policymakers were previously prepared to raise interest rates in April.

According to the South China Morning Post, Sun Shengbin from the Wenzhou Public Security Bureau and Lou Yandi from the Zhejiang Provincial Public Security Department's Criminal Investigation Team published a technical paper on June 4 in the journal "Forensic Technology," systematically disclosing the Chinese police's forensic tools and case handling processes for virtual currency assets such as Bitcoin and Ethereum. The content covers aspects such as device cracking, evidence collection, on-chain transaction tracking, and asset freezing and seizure.The paper outlines several tracking methods, one of which involves tracking transaction fees back to exchanges like Binance, allowing the police to obtain user data. The police can acquire "Know Your Customer" (KYC) records from major exchanges such as Binance, OKX, and HTX through formal legal channels. For funds stored in exchanges, the police can freeze accounts for six months, and the freezing period can be extended.Additionally, the document emphasizes strict operational bottom lines: investigators must not privately hold private keys. The principle of "separation of case handling and custody" must be adhered to, with comprehensive supervision and the establishment of a clear regulatory chain record.

Polygon founder Sandeep announced on the X platform that from 2026 to the present, Polygon has minted approximately 105.2 million POL, while approximately 107.7 million POL has been destroyed through the base fee mechanism, resulting in a destruction amount that exceeds the newly issued amount, officially achieving annual net deflation for the Polygon network.Sandeep further stated that the reduction in POL supply is mainly due to the base fee destruction brought by Polygon serving as a payment chain with high transaction volume. In May, Polygon's transaction volume surpassed that of other public chains, with a monthly transaction count reaching 198 million.

According to on-chain detective ZachXBT, multiple reports indicate that the centralized cryptocurrency exchange AscendEX (formerly Bitmax) has recently delayed or failed to process users' withdrawal requests for several days or even weeks, yet the platform continues to accept user deposits.As early as the initial warning on June 26, ZachXBT pointed out that, after reviewing on-chain data from Arkham and TRM, several known hot wallets of AscendEX (covering EVM, Tron, and Solana networks) severely lack major market cap tokens such as ETH, USDT, and SOL, indicating that the platform is likely facing a serious liquidity crisis.The latest situation shows that, in the 9 days since the first warning, the official X account of AscendEX has remained inactive, and the platform's co-founder George (Jing) Cao has not responded to inquiries from users with large amounts of trapped funds. Currently, ZachXBT strongly advises users unable to withdraw their funds to report to law enforcement and regulatory agencies in their respective countries or regions as soon as possible.It is reported that AscendEX was founded by George (Jing) Cao and Ariel Ling in 2018. In December 2021, the platform was attacked by the hacker group Lazarus Group, resulting in approximately $78 million in asset losses.

According to The Block, the combined trading volume of Kalshi, Polymarket, and Polymarket US in June reached $44.8 billion, a 75% increase from May's $25.66 billion.Among them, Kalshi performed the best, with a trading volume of $31.5 billion in June, a month-over-month increase of 87.4%; the main platform of Polymarket had a trading volume of $10.26 billion, a month-over-month increase of 45%; and the Polymarket US platform had a trading volume of $3.04 billion.The report pointed out that the surge in trading volume was mainly due to the opening of the 2026 World Cup on June 11. Kalshi's World Cup champion prediction market has attracted over $832 million in bets.

Investigative journalist Whitney Webb released a series of investigations about the origins and ambitions of Polymarket.She stated that the claim in Polymarket's official narrative that "Shayne Coplan founded the company alone in 2020 and started it in a bathroom" is not true; the origins of Polymarket can be traced back to the earlier company TokenBnk and has connections to Israeli-related crypto projects.Webb said that the first part of the series will outline Polymarket's early history and discuss its potential connections with Peter Thiel-related forces and DARPA's early prediction market projects.

According to BBX data, the prediction market faced a dual attack yesterday, with traditional exchange infrastructure accelerating its on-chain transition. The core dynamics are as follows:The prediction market/event contract ecosystem where Robinhood Markets, Inc. (NASDAQ: $HOOD) operates suffered a dual regulatory blow yesterday: first, the U.S. Commodity Futures Trading Commission (CFTC) has launched a comprehensive investigation into Polymarket (privately held), covering its social media activities and suspected wash trading behaviors; second, a Michigan court ruled to prohibit Kalshi (privately held) from offering sports betting services to residents in Michigan. Although these two incidents directly target Polymarket and Kalshi, their strategic importance to Robinhood cannot be ignored—Robinhood provides event contract products linked to KalshiEx LLC or ForecastEx LLC through its subsidiary Robinhood Derivatives LLC, making it the largest distribution channel for prediction markets among regulated brokers in the U.S. The CFTC's escalation of enforcement investigations into similar platforms will directly impact Robinhood's event contract business compliance framework and product expansion speed; in June, the average daily trading volume in this sector reached a historic record.Nasdaq, Inc. (NASDAQ: $NDAQ) announced yesterday that it has chosen Pyth Network (on-chain price oracle protocol) as its on-chain distribution partner for TotalView (Nasdaq's full market depth data product), marking the first time Nasdaq has integrated its core institutional-level market data into a blockchain network—TotalView provides full-level buy and sell quotes and transaction data for the U.S. stock market, historically only available to traditional financial institutions (subscription-based); on-chain distribution means that DeFi protocols, decentralized exchanges, and smart contracts can now access Nasdaq-level real-time equity market data as an on-chain pricing basis for the first time. The Pyth Network token (PYTH) subsequently rose by over 6%, with the market interpreting this as a historic fusion point between traditional securities market infrastructure and decentralized finance.

Tom Lee posted on platform X, expressing his happiness to see the Ethereum Foundation carefully addressing key issues regarding the critical role of neutral blockchains like Ethereum in financial infrastructure, economics, and government and policy markets.

According to Jin Shi reports, Russell Investments Senior Investment Strategist BeiChen Lin stated in a report that employment growth in the United States is expected to remain strong in June, which means inflation may continue to dominate the decision-making path of the Federal Reserve. He pointed out that if the labor market remains robust, inflation is likely to be a key factor influencing the Federal Reserve's next actions. Relevant data will be released on Thursday.

Founder of Strategy, Michael Saylor, made his first public statement after the release of the digital credit capital framework: "Stronger credit, stronger equity, more Bitcoin." Michael Saylor's declaration seems to provide a motivational explanation for the launch of the digital credit capital framework, which aims to ultimately achieve a strategic logic of holding more Bitcoin by strengthening the credit and equity structure.

SHAZ announced the completion of a $1.6 billion financing to support a six-year strategic partnership with NVIDIA; 11 hours ago, a fund under Leopold Aschenbrenner announced an increase in its holdings of SHAZ to 19.9%. The former rose by 1.45%, while the latter saw an after-hours increase of 14%. The SEC requires that public reports be submitted when a fund's shareholding exceeds 5%.

According to Bloomberg, the Commodity Futures Trading Commission (CFTC) is conducting a broad investigation into the prediction market platform Polymarket, covering its business activities including social media operations.Previously, The Wall Street Journal reported that Polymarket hired dozens of social media creators, primarily of college age, to create fake trading videos to attract users. This investigation encompasses other aspects of the company's business. The CFTC and the Department of Justice concluded an investigation last year into whether Polymarket violated the ban on U.S. users, but some U.S. users still access its main platform by circumventing the ban through VPNs and other means.Since reaching a settlement with the CFTC in 2022, Polymarket has technically prohibited U.S. users from using its main platform, but the company is taking steps to reintroduce its main exchange to the U.S. and is cooperating with the CFTC to lift the ban. Senators Adam Schiff and John Curtis sent a letter to the CFTC last Thursday, requesting confirmation of whether an investigation into Polymarket's advertising practices is ongoing and inquiring how the agency has prevented Polymarket from attracting U.S. users since the 2022 action.