Key Points:ALEX Protocol suffered a $8.37 million loss from a security attack.Flaws in self-listing logic led to exploit, affecting STX, sBTC, USDC, and WBTC.A full compensation plan using USDC is…
Key Points:Arca divests all Circle shares due to IPO allocation. Market influence noted.Circle’s IPO raised $1.05 billion.USDC sentiment potentially impacted by fund’s decision.
Jeff Dorman, Arca’s Chief Investment Officer, announced on…
Key Points:Strategy issues $979.7 million in STRD shares at $85 each.Funds targeted for Bitcoin acquisitions and working capital.10% annual dividend non-mandatory, first payable by September 2025.
Strategy announced on June 5,…
Key Points:Traders adjust rate cut expectations after U.S. labor data.Fed remains in data-dependent stance amid economic uncertainty.Bitcoin and Ethereum face potential downward pressure.
U.S. short-term interest rate futures recorded narrowed losses…
Key Points:Citigroup delays Fed rate cut expectations from July to September 2025.Expected changes affect U.S. dollar, risk assets, and DeFi.Chua: “Path of least resistance…let us just wait.”
Citigroup has revised its…
Key Points:Singapore MAS sets new licensing standards for DTSPs serving overseas clients.Authorities will generally not issue licenses after June 2025.Existing overseas-focused DTSPs must cease operations or face penalties.
Singapore’s Monetary Authority…
Key Points:U.S. non-farm payrolls rose by 139,000, exceeding expectations.Unemployment rate remains steady at 4.2%.No immediate crypto market reactions were evident as of June 6, 2025.
The United States Bureau of Labor…
Key Points:
Circle’s IPO raises $1.1 billion, impacting stablecoin ecosystem.
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Key Points:China grants rare earth export licenses to U.S. automakers for six months.Event raises concerns over global auto and tech supply chain stability.Potential geopolitical tensions as U.S. and Chinese leaders…
Key Points:Trump criticizes Powell’s Fed on interest rate policy.Public commentary affects market sentiment.Potential impacts on U.S. debt costs noted.
Donald Trump, former U.S. President, criticized Federal Reserve Chairman Jerome Powell on…