CryptoWorldNews
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Your ultimate source for the latest crypto news, market analysis, and in-depth insights. Stay ahead in the crypto game – all for free! πŸ”πŸ’‘

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🍿 James Wynn announced 2 hours ago he’s pausing Hyperliquid futures trading after a $17.5M loss.

Thirty minutes ago, he reopened a #BTC long for 945 BTC ($99.5M) at 40x leverage, with a liquidation price of $104,580.


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Bank of America: The US dollar will keep declining this summer due to tariff concerns. A weaker dollar could boost gold and BTC.


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$441.4M in #SOL transferred from an unknown wallet on Binance.


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MicroStrategy buys 705 $BTC for $75.1M at an average price of $106,495 between May 26–June 1.

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Vitalik Reveals 10x Ethereum L1 Scaling Plan!

Vitalik Buterin announced a strategy to scale Ethereum Layer 1 by 10x within a year, focusing on decentralization and stability.

Key points

πŸ”§ Upgrades to delayed execution, networking, and EVM efficiency

πŸ›‘ Prioritizing censorship resistance and decentralization

🐒 "Slow and steady" approach, rejecting 100x scaling urgency from researchers like Dankrad Feist

With ETH nearing $3K, scaling talks heat up, with $2B reportedly raised for ETH accumulation via ETFs and BTC swaps.


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Tether introduces XAUt0, the "omnichain evolution of Tether Gold." Its initial deployment will launch on The Open Network (TON).


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CryptoWorldNews
πŸ˜’πŸ˜ƒπŸ˜ƒ Vitalik Reveals 10x Ethereum L1 Scaling Plan! Vitalik Buterin announced a strategy to scale Ethereum Layer 1 by 10x within a year, focusing on decentralization and stability. Key points πŸ”§ Upgrades to delayed execution, networking, and EVM efficiency…
πŸ˜€πŸ₯²πŸ˜—πŸ˜πŸˆβ€β¬›

Ethereum Pectra Upgrade Exploited by Hackers
Wintermute reveals that Ethereum's EIP-7702 upgrade, intended to enhance user experience, is being used by hackers to steal wallets.

πŸ”½ 97% of delegations linked to wallet theft

πŸ’£ 80% of attacks tied to malicious "CrimeEnjoyor" script

πŸ’€ Script auto-drains wallets with compromised keys

🎣 One victim lost $150K in a phishing scam

πŸ”₯ Exploits connected to notorious Inferno Drainer service

⚠️

The upgrade has inadvertently fueled widespread wallet attacks.

Stay cautious.



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Over $2.7B worth of tokens to be unlocked in June, led by

#SUI ($206.33M)
#ZRO ($64.29M)
#APT ($58.52M)

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Consensys acquires Web3Auth, a wallet infrastructure provider, to enhance its widely-used MetaMask wallet.


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Bitcoin Whale James Wynn deposited $20,460 in donated funds to his Hyperliquid account, reducing his BTC liquidation price from $103,632 to $103,610 (–0.021%), according to a report.


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πŸ” 10 Trending Coins β€’ Jun.2

1. NATIX
2. HYPE
3. SOPH
4. SUI
5. S
6. ETH
7. KTA
8. SOL
9. QUBIC
10. BERA


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🚨 Layer Team Token Transfer

A wallet tied to the Layer project team sent 4.15M $LAYER tokens to Binance, valued at ~$3.54M at current prices.


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Solana Foundation signed an MOU with Dubai's VARA to collaborate on talent development, economic data sharing, founder workshops, and support for a SOL Economic Zone in Dubai, according to a report.


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Hyper Foundation just flipped the switch, active addresses and transactions surged as deployments skyrocket on-chain.


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Forwarded from Financial World Updates
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Foreign inflows to U.S. stocks are on pace to hit $138 billion in 2025 β€” the second-highest annual total in history.

Global investors are betting big on American equities despite rising macro uncertainty.

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Paolo Ardoino: 16,299 BTC ($1.7B) transferred from Tether to 21 Capital wallets, tied to investments by Tether, Bitfinex, and SoftBank.

21 Capital now holds 42,367 #BTC ($4.45B), per preliminary data.


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Tether & Bitfinex shift 25,812 BTC (~$2.7B) to Twenty One Capital, a new Bitcoin treasury giant eyeing MicroStrategy’s crown. Aiming for 420,000 #BTC, they plan a SPAC listing under XX!, raising $685M for more buys.

CEO Jack Mallers confirms public wallet addresses and 31,500 BTC incoming, positioning them as the third-largest corporate BTC holder.


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Binance holds nearly 59% of all stablecoin reserves!

Per CryptoQuant, Binance currently manages about $31 billion in USDT and USDC, making up nearly 59% of all stablecoin reserves across exchanges.

This huge share underscores Binance’s key role in crypto liquidity, trading volume, and the stablecoin ecosystem.


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Market Overview – June 3, 2025

Crypto markets edged up, with total market cap at $3.31T (+0.73%).

24H trading volume surged to $112.42B (+23.24%).

πŸ”Ή BTC Dominance: 63.2% (-0.73%)
πŸ”Ή ETH Dominance: 9.5% (+2.06%)
πŸ”Ή Fear & Greed Index: 58 (Neutral)
πŸ”Ή Altcoin Season Index: 26/100

Top 24H Gainers:

βœ… Ethereum: $2,614 (+4.35%)
βœ… Solana: $160.01 (+2.64%)
βœ… Cardano: $0.6954 (+2.10%)

Bitcoin holds steady at $105,305 (-0.07%), while altcoins drive the action! πŸš€


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