Important information from last night and this morning (June 3rd - June 4th)

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06-04
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Important News from Last Night to This Morning (June 3-4)

Metaplanet CEO: Metaplanet Stock Tops Trading Amount and Volume in Tokyo Stock Market

Japanese listed company Metaplanet CEO Simon Gerovich posted on X that Metaplanet (3350.T) had a total trading amount of 222 billion yen (approximately $1.51 billion) and a trading volume of 170 million shares, becoming the first to top both trading amount and volume in the entire market.

BlackRock's Bitcoin Spot ETF IBIT Enters Top 25 US ETFs, Reaching $72.4 Billion in Assets in Just 1.4 Years

According to data from Bloomberg analyst Eric Balchunas, as of June 3, BlackRock's Bitcoin spot ETF (IBIT) has entered the top 25 ETF list in the US with $72.4 billion in assets, being the "youngest" product on the list, established only 1.4 years ago. Balchunas noted that IBIT is expected to surpass the Satoshi Wallet as the largest Bitcoin holder globally by the end of next year. Analysts believe this achievement reflects the strong attractiveness of ETFs in terms of convenience, low fees, high liquidity, and trust.

MELANIA Meme Reaches Liquidity Cooperation Agreement with Wintermute

According to @TrueMELANIAmeme's tweet, the Trump wife's Meme coin project MELANIA ($MELANIA) announced a liquidity provision agreement with market maker Wintermute, with related tokens to be transferred to a new wallet. The project team also stated they are preparing to launch a new official website.

Hong Kong Stablecoin Concept Stocks Rise at Market Open

Hong Kong stablecoin concept stocks rose at market open, with Lianyi Technology (09959.HK) up over 10%, Lianlian Digital (02598.HK) up over 5%, China Everbright Holdings (00165.HK) up over 3%, and ZhongAn Online (06060.HK) up over 1%.

MELANIA Project Transfers 150 Million Tokens, Sending 20 Million to Wintermute Address

According to Yu Jin, after MELANIA ($MELANIA), the Memecoin project themed after Trump's wife, announced cooperation with market maker Wintermute, the project team transferred 150 million tokens (approximately $50 million) from the community wallet, sending 20 million tokens (approximately $6.62 million) to the Wintermute address for liquidity support.

Spanish Coffee Chain Vanadi Plans to Invest Over $1.1 Billion in Bitcoin, Transforming into a "Bitcoin-First" Company

According to BeInCrypto, Spanish coffee chain Vanadi Coffee SA plans to invest over $1.1 billion in Bitcoin, following MicroStrategy's model and fully shifting the company's strategic focus to Bitcoin. Chairman Salvador Martí expects to request authorization for the Bitcoin reserve strategy at the board meeting on June 29, including financing permissions. The company has already completed its first purchase, spending $500,000 to buy 5 BTC. This strategy aims to reverse the company's $3.7 million loss in 2024.

US Senate to Hold Hearing on June 11 to Review Brian Quintenz's Nomination as CFTC Chairman

The US Senate Agriculture, Nutrition, and Forestry Committee will hold a hearing at 3 PM Eastern Time on June 10 (3 AM Beijing Time on June 11) to review Brian Quintenz's nomination as Chairman of the Commodity Futures Trading Commission (CFTC), replacing current Chairman Rostin Behnam. The hearing will be held in Room 106 of the Dirksen Senate Office Building, with no official video livestream provided.

Ethereum Co-founder Joe Lubin Says Discussing Infrastructure Cooperation with Sovereign Wealth Funds

According to Decrypt, Ethereum co-founder and ConsenSys CEO Joe Lubin stated that the company is in talks with a sovereign wealth fund and bank from a "major country" to explore building financial infrastructure on the Ethereum ecosystem. He hinted that these institutions may be involved in Ethereum's layer 1 and layer 2 infrastructure. Lubin said Ethereum is gradually becoming the "most valuable trust asset" with potential to surpass Bitcoin.

Sources: Pump.fun Plans to Raise $1 Billion through Token Sale, Valued at $4 Billion

According to Blockworks, citing multiple sources, Solana ecosystem meme coin platform Pump.fun plans to raise $1 billion through a token sale, with a valuation of $4 billion, targeting public and private investors. Although the official release time has not been confirmed, the platform's social accounts hint at a potential launch within two weeks. Since launching in early 2024, Pump.fun has generated nearly 11 million tokens for users, with a total market value of about $4.5 billion and cumulative revenue exceeding $700 million. The platform has launched AMM and mobile applications, separating from its collaboration with Raydium. At its peak, daily revenue exceeded $7 million, currently around $1 million per day.

Trump Family Denies Involvement in $TRUMP Wallet Project, Magic Eden Responds Claiming Official Collaboration

According to Eleanor Terrett, Magic Eden responded that their $TRUMP wallet is an official product, carrying the "official Trump brand and intellectual property", and previously collaborated on NFT issuance. However, Eric Trump and Donald Trump Jr. both denied any involvement in the project, with Eric warning the company to be "extremely careful" about using their names in unauthorized projects unknown within the organization.

Trump's Truth Social Submits Bitcoin ETF Application

According to SEC documents, Trump Media & Technology Group's (TMTG) social platform Truth Social has submitted a Bitcoin spot ETF application through its partner. The application was filed with the NYSE Arca exchange, with the fund intending to track Bitcoin spot price performance. If approved, Truth Social will become the first social media platform to submit such an application.

Base Ecosystem Derivatives Exchange Avantis Completes $8 Million Series A Funding, Led by Founders Fund and Pantera Capital

According to The Block, decentralized leverage trading protocol Avantis, based on the Base chain, announced completing an $8 million Series A funding round, led by Peter Thiel's Founders Fund and Pantera Capital, with Symbolic Capital, SALT Fund, and Flowdesk participating. Lumena Labs CEO Harsehaj Singh stated the round was completed in mid-2024 using an "equity + token warrant" structure, without disclosing post-investment valuation. Avantis has now raised a total of $12 million. Launched in 2023, it has become the largest derivatives protocol on the Base chain, with cumulative trading volume exceeding $7.5 billion and over 60,000 users. The platform supports cryptocurrency, forex, and real-world asset (RWA) trading, with plans to expand to stocks, sports, and prediction markets.

Satoshi Nakamoto's Net Worth Reaches $116.7 Billion, Surpassing Bill Gates

According to Arkham data, Satoshi Nakamoto's net worth now exceeds Bill Gates, with Satoshi's net worth at $116.7 billion compared to Bill Gates' $116.2 billion.

Vitalik: Ethereum Leads in CR and Security, Bitcoin Leads in Some Aspects

Ethereum founder Vitalik Buterin posted on X: "I believe Ethereum leads in CR and security. In my view, Bitcoin also leads in some aspects (such as lower code complexity, lower protocol change rate, more full nodes, and lower RPC dependency)."

Korean Media: Lee Jae-myung Elected as President of South Korea

According to Jin Shi's report, the Korean JTBC TV station reported late at night on the 3rd that the Democratic Party candidate Lee Jae-myung was elected as the President of South Korea. It is understood that Lee Jae-myung is a cryptocurrency supporter who has promised to promote the listing of spot crypto ETFs, reduce digital asset transaction fees, and proposed a plan to issue a stablecoin pegged to the Korean won.

Donald Trump Jr. Says His Family is "All In" on Bitcoin and Cryptocurrencies After Losing Bank Accounts

According to Cointelegraph, Donald Trump Jr. stated in an interview with CNBC that after losing bank accounts, his family is "all in" on Bitcoin and cryptocurrencies.

PancakeSwap's Trading Volume Exceeds $173 Billion in May, Reaching a Historical High

According to official data, PancakeSwap's monthly trading volume reached a historical high in May 2025, exceeding $173 billion.

Standard Chartered Bank: Current Bitcoin Corporate Holdings Boost Buying Pressure but Pose Potential Selling Risks

According to CoinDesk, Geoff Kendrick, the digital asset research head at Standard Chartered Bank, warned that 61 listed companies currently hold 673,800 Bitcoins (3.2% of total supply), and if Bitcoin's price drops 22% below the average purchase price, it could trigger forced selling by companies. The report noted that Strategy (MSTR) holds 580,000 of these, accounting for the majority. Referencing the precedent of Core Scientific, a Bitcoin mining company, being forced to sell 7,202 Bitcoins when the price fell below cost in 2022, if Bitcoin drops below $90,000, half of the corporate holdings could face loss risks. The current wave of Bitcoin corporate holdings may boost buying pressure but also introduces potential selling risks.

Malware Crocodilus Spreading Globally with New Crypto Wallet and Bank Hijacking Features

According to Cointelegraph, the Android banking Trojan Crocodilus has recently upgraded and begun attacking cryptocurrency users and bank customers globally. The security company ThreatFabric discovered that the malware has spread from its initial Turkish region to countries like Poland, Spain, and Argentina. The latest variant can spread disguised as a browser update through Facebook ads, using overlay attacks to steal login credentials from banking and crypto apps. The Trojan has added new functions to automatically extract seed phrases and private keys from crypto wallets and can modify victims' contact lists to insert fake "bank support" numbers. Attackers can now rent crypto theft tools for 100-300 USDT per use. Security experts warn users to be cautious of app updates and ad links from unknown sources.

(Note: I've translated the text as requested, maintaining the specified translations for specific terms and preserving the XML tags.)

According to the official announcement, Binance is the first platform to list Bondex (BDXN): Binance Alpha trading will open at 18:00 Beijing time on June 3, 2025; Binance contract trading will open at 18:30 Beijing time on June 3, 2025. Binance users who meet the conditions and have at least 213 Binance Alpha points can claim an airdrop of 900 BDXN tokens on the Alpha activity page when trading begins. Please note that claiming the airdrop will consume 15 Binance Alpha points. Users need to confirm the claim on the Alpha activity page within 24 hours, otherwise it will be considered that the user has abandoned the airdrop.

Binance Contracts Will List PUFFERUSDT and PORT3USDT USDT Perpetual Contracts

According to the official announcement, the Binance contract platform will list perpetual contracts at the following times: June 4, 2025, at 16:30 (UTC+8): PUFFERUSDT perpetual contract, with a maximum leverage of 50x; June 4, 2025, at 16:45 (UTC+8): PORT3USDT perpetual contract, with a maximum leverage of 50x. Please note that PUFFER (LINK) and PORT3 (LINK) have been listed on the Binance Alpha market.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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