Odaily reported that Ivan Chebeskov, Deputy Minister of Finance of Russia, stated that the ministry does not wish to allow dollar-denominated stablecoins to circulate in the Russian market.

Chebeskov pointed out that issuers of foreign stablecoins like USDT and USDC have the capability to freeze wallet assets held by users. Once such wallets engage in transactions with platforms licensed by the Central Bank of Russia, the risk of asset freezes for holders will significantly increase. He revealed that dollar stablecoins held by Russian legal entities have previously been frozen by issuers, while no similar incidents have occurred with Bitcoin and Ethereum due to the lack of relevant technical means.

The Russian Finance Ministry believes it is necessary to establish a regulatory framework specifically for stablecoins, prioritize supporting the development of stablecoins pegged to the ruble and currencies of friendly nations, and grant the Central Bank of Russia the authority to adjust the list of related assets. (Bits.media)

Odaily reports, according to monitoring by crypto analyst EmberCN (余烬), the 116.3 BTC transferred by Mt. Gox two days ago were all moved into the Bitstamp exchange yesterday, valued at approximately $8.25 million.

Previously, a Mt. Gox-related address had transferred 10,423 BTC to a new address and moved 116.3 BTC to a hot wallet.

According to data from MSX.COM, U.S. stocks closed with the Dow Jones down 1.21%, the S&P 500 down 0.74%, and the Nasdaq down 0.89%. The VIX fear index rose 1.84%. Crypto-related stocks saw broad declines, with Circle falling 10.63%, DeFi Development down 8.36%, Bullish down 7.99%, Strategy down 7.01%, and Bit Digital down 6.57%. It is reported that MSX is a leading RWA trading platform, having listed hundreds of RWA tokens covering U.S. stocks and ETF token underlying assets such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA.

According to the latest data from Gate, the price of gold has risen to $4,448.51 per ounce, with a daily increase of 0.38%. The price of silver has risen to $73.246 per ounce, with a daily increase of 1.32%. The BVIX (BTC Volatility Index) is currently quoted at 47.6, with a daily increase of 10.19%. The EVIX (ETH Volatility Index) is currently quoted at 59.04, with a daily increase of 6.21%. In the forex market, the USD against the offshore Chinese yuan (USD/CNH) fell 0.05% during the day, with the current exchange rate at 6.77618. The USD against the Japanese yen (USD/JPY) fell 0.06% during the day, with the current exchange rate at 159.907. In terms of global stock indices, the Euro Stoxx 50 Index (EUSTX50) fell 0.84% during the day to 6,038.61 points; the UK FTSE 100 Index (UK100) rose 0.14% during the day to 10,299.4 points; and the German DAX 40 Index (GER40) rose 0.2% during the day to 24,745.8 points. In commodities, WTI crude oil fell 0.23% during the day to $97.67 per barrel. Brent crude oil fell 0.13% during the day to $99.73 per barrel. Gate supports users in directly trading traditional financial market products on its platform, offering a one-stop solution covering multiple asset classes such as precious metals, foreign exchange, global stock Contracts for Difference (CFDs), major indices, and commodities, enabling deep integration of crypto assets with traditional financial assets. Gate TradFi functionalities are now fully integrated into the Gate App and Web interface. Users can conveniently participate in global asset price trading without switching platforms, unlocking more strategies and opportunities beyond the crypto market, and continuously enhancing their diversified asset allocation experience.

According to SoSoValue data, yesterday (June 3, Eastern Time), the US BNB spot ETF recorded a total net inflow of $1.21 million, all from the VanEck BNB ETF (VBNB).

As of press time, the total net asset value of BNB spot ETFs stands at $2.19 million, with a historical cumulative net inflow of $1.21 million.

Odaily News According to SoSoValue data, yesterday (Eastern Time June 3), XRP spot ETFs recorded a total single-day net outflow of $5.3449 million.

The XRP spot ETF with the largest net outflow yesterday was the Bitwise XRP ETF (XRP), with a single-day net outflow of $4.0561 million, bringing its total historical net inflow to $467 million.

Next was the Grayscale XRP Trust ETF (GXRP), with a single-day net outflow of $699,400, and its total historical net inflow currently stands at $129 million.

As of press time, the total net asset value of XRP spot ETFs is $1.03 billion, with an XRP net asset ratio of 1.39%, and the historical cumulative net inflow has reached $1.421 billion.

Odaily Planet Daily News According to SoSoValue data, yesterday (Eastern Time June 3) the total net inflow of HYPE spot ETFs in a single day was $2.9867 million.

Yesterday, only the 21Shares Hyperliquid ETF (THYP) had net inflows, with a single-day net inflow of $2.9867 million. The current historical total net inflow has reached $60.2007 million.

As of press time, the total net asset value of the HYPE spot ETF is $192 million, with a net asset ratio of 1.19% for HYPE. The historical cumulative net inflow has reached $140 million.

According to OnchainLens monitoring, the whale "pension-usdt.eth" has fully closed its Bitcoin short position, realizing a profit of $3.56 million. Subsequently, the whale opened a new 3x leveraged short position of 50,000 ETH, with an opening value of approximately $89 million. The position is currently showing an unrealized profit of over $4.5 million, bringing the total profit to over $39.6 million.

Odaily reports that Broadcom (AVGO) shares dropped over 13% in after-hours trading after the company released its AI chip revenue forecast, which fell below market expectations. The company stated that for the third fiscal quarter ending in July, AI semiconductor revenue is expected to be $16 billion, while the average analyst estimate was $17.2 billion. Broadcom CEO Hock Tan further indicated that for the fiscal year ending in October, AI chip sales are projected at $56 billion, below the previous average estimate of $57.6 billion. This suggests the company's progress in capturing a larger share of the rapidly growing AI chip market is slower than anticipated.

Odaily reports that according to CoinGlass data, the total amount of liquidations across the network in the past 4 hours reached $478 million. Among them, long position liquidations accounted for $437 million, while short position liquidations totaled $41.13 million.

The largest single liquidation occurred on the HTX platform for the BTC-USDT trading pair, amounting to approximately $59.67 million.

Odaily Odaily reports that the monthly number of crypto venture capital deals in May was approximately 50, the lowest level since before 2021. The two historically most active categories, infrastructure and crypto financial services, are both near multi-year lows. Investor attention has structurally shifted towards AI, while the crypto sector has failed to generate early-stage opportunities on the scale seen in the 2021 and 2024 cycles.

Although the number of deals has slowed, total funding has not dropped significantly in tandem, indicating that the market is consolidating rather than undergoing a full contraction. For developers, the current environment is far less competitive than previous boom periods, and projects that can demonstrate clear utility and growth momentum face the least competition in recent years. Whether the number of deals rebounds in the second half of the year will depend on whether new tracks beyond prediction markets and financial infrastructure can inspire investor confidence. (The Block)

According to Odaily, open-source software Layer 2 network tea Protocol announced that its mainnet and native token TEA officially launched at 08:00 Beijing time on June 4. TEA simultaneously listed on Aerodrome, MEXC, Gate, and KuCoin for trading.

It is reported that Aerodrome has opened TEA liquidity pool voting, allowing veAERO holders to participate in reward distribution and guide liquidity. In the future, users will also be able to access TEA-related liquidity services through mainstream wallets such as Coinbase Wallet, Binance Wallet, OKX Wallet, and Trust Wallet.

Tim Lewis, co-founder of tea Protocol, stated that as AI accelerates software development, the open-source software ecosystem's demand for transparent, trusted, and sustainable infrastructure continues to grow. Tea aims to build a new value network serving open-source developers.

According to Odaily, data from Gate shows that the Nikkei 225 index opened down 442.74 points, or 0.65%, at 67,959.39 points on Thursday, June 4. The KOSPI index opened down 170.78 points, or 1.94%, at 8,630.71 points on Thursday, June 4.

According to monitoring by Odaily Seer, in the Polymarket "NBA Finals Game 1: Spurs vs. Thunder" prediction event, a smart money address (0x9f2fe025f84839ca81dd8e0338892605702d2ca8) that has made over $4 million in profit purchased $200,000 worth of "Spurs beat Knicks" at an average entry price of 63¢, with an unrealized profit of $1,700.

In this game, both the Spurs and the Knicks have no injuries, and all players are available to play. Additionally, the Spurs have a historical record of 6 wins and 0 losses in Game 1 of the NBA Finals.

Odaily Seer continuously monitors the prediction market, spotting changes before the odds are set.

Odaily reported that US officials have revealed that President Trump has privately informed his aides that he would consider ending the ceasefire with Iran if Tehran causes the death of American soldiers. Officials simultaneously insisted that, despite recent frequent clashes, the weeks-long pause in airstrikes remains in place for now. Trump's reluctance to reignite conflict suggests that, to avoid a broader war in the Middle East, he may be willing to tolerate sporadic clashes that could last for weeks or even months. (Jin Shi)