Developer Florent helped recover approximately 1,003 ETH, valued at around $2 million, from HongCoin's 2016 ICO contract. Forty-eight original investors can claim the unfrozen funds.
Iranian Presidential Office officials denied rumors that President Pezeshkian submitted his resignation to Supreme Leader Mujtaba. Tabatabaei said Pezeshkian will continue to fulfill his duties.
U.S. President Trump said the Iran agreement he reached bars Iran from possessing nuclear weapons. Trump rejected CNN's claim that the agreement had nothing to do with nuclear issues. Trump said the agreement covers every aspect of the nuclear issue with detailed and strong wording.
HYPE hit a new all-time high and broke above $72, according to Onchain Lens monitoring. Loracle closed more than 50% of a HYPE short position, while a whale's 5x leveraged long position had floating profit above $46 million.
Michael Saylor hinted that Strategy may announce a new Bitcoin purchase after posting a chart of six years of buys. Strategy is also seeking shareholder approval before the June 7 proxy voting deadline to change STRC dividend payments from monthly to semi-monthly.
Kraken announced plans to launch CFTC-regulated perpetual futures contracts in the United States within the next 30 days. Kraken said the contracts will be listed on Bitnomial Exchange upon approval. Kraken said it submitted an application on Friday.
Strategy CEO Phong Le said the company may sell Bitcoin when sales are accretive to long-term shareholder value. He said Strategy still expects to net increase overall Bitcoin holdings and Bitcoin per share.
U.S. President Donald Trump denied a CNN report on June 1 that claimed the Iran nuclear deal he signed did not address nuclear issues. Trump said the deal clearly prohibits Iran from possessing nuclear weapons.
Coinbase launched Indian Rupee deposits and withdrawals for India users as the country's cryptocurrency market is estimated at $3.04 billion. Effective June 1, users can transfer funds between bank accounts and Coinbase accounts through IMPS. The market is projected to grow to $14.2 billion by 2034.
Cyble said OverlayPhantom targets more than 180 banking, financial and cryptocurrency apps across 10 countries. The Android trojan uses fake WebView overlays to capture usernames, passwords, card details and PINs.
Coinbase launches INR rails for India’s $3B crypto market
Coinbase announced direct INR deposit and withdrawal rails for Indian users in a market Imarc valued at $3.04 billion in 2025. Starting June 1, 2026, customers can transfer rupees through IMPS directly between bank accounts and Coinbase. The platform is also introducing perpetual futures and Coinbase Advanced tools for Indian users.
Kaal van de Poppe said Bitcoin must hold $71,000 support to avoid a possible drop to $61,000–$65,000. He said a break above $76,600 could trigger a strong uptrend and an altcoin rally.
BIS AI Chip Guidance Set to Pressure Nvidia and AMD at Monday Open
BIS guidance extends U.S. license rules to advanced AI chips sold to Chinese-owned firms abroad. The rule applies to top-tier processors including Nvidia Rubin and Blackwell families and AMD’s MI350x accelerator. Existing licensed sales of lower-tier chips can continue under earlier terms. Nvidia disclosed zero Data Center Hopper shipments to China in fiscal Q1 2027.
Galaxy Research reported that 20 BTC worth $1.5 million moved after being dormant since being mined in 2010. The transfer occurred at block height 951,828.
Christopher Waller said stablecoins will strengthen U.S. financial dominance. Waller said countries adopting stablecoins would resemble economies maintaining a fixed exchange rate with the United States.
The Cardano Foundation canceled Cardano Summit 2026 after an on-chain budget proposal received 65.21% support. The proposal needed 66.67% approval and requested about $2 million, or 7.8 million ADA, for operating costs.
Kraken plans to launch a CFTC-compliant perpetual futures service in the U.S. within the next 30 days. The service will operate through Bitnomial after Payward announced an acquisition of the platform for up to $550 million in April.
Florent said he helped recover about 1,003 ETH, worth roughly $2 million, from a 2016 HongCoin ICO contract. A bug had blocked refunds for nine years after the sale fell short of its goal. The HongCoin team signed the unlock transactions through its multisig.