Suspected Sonic Labs-Related Address Transfers 11.78 Million S Tokens to Binance, Valued at Approximately $5.55 Million

On June 5, Semafor reported that the U.S. National Security Agency (NSA) is using Anthropic’s advanced Mythos artificial intelligence model to conduct hacking operations. The outlet stated that while Mythos boasts robust capabilities in detecting and exploiting software vulnerabilities, the model has not been publicly released. It is instead made accessible only to a limited set of agencies, intended to help them develop their own cybersecurity defense systems. This comes even as the U.S. government is embroiled in a legal dispute with Anthropic—yet the NSA is reportedly leveraging the AI model for offensive hacking activities.

June 5 – The U.S. House Ways and Means Committee is circulating seven draft proposals focused on digital asset taxation, with the goal of comprehensively overhauling America’s cryptocurrency tax framework, according to crypto reporter Eleanor Terrett. The proposals cover core areas including stablecoin payments, small-value transaction tax exemptions, mining and staking income recognition, crypto lending, wash sale rules, tax treatment for charitable donations, and a voluntary disclosure program for taxpayers with past reporting issues. The drafts are expected to take center stage at the committee’s cryptocurrency tax hearing this Tuesday.

On June 5, data from Bitget showed that the US stock market opened with the Dow Jones Industrial Average rising 0.1%, the S&P 500 declining 0.6%, and the Nasdaq Composite falling 1.2%. Most chip stocks trended lower, with Arm Holdings down more than 5%, Micron Technology down over 4%, Marvell Technology Group (ticker: MRVL) dropping 6%, and Intel down more than 5%. For CPO concept stocks, NOK fell by 6.38% and LITE declined by 2.79%. Turning to crypto concept stocks, MicroStrategy (MSTR) dropped 4.65%, Circle (CRCL) fell 4.59%, and Coinbase Global (COIN) declined 4.62%.

On June 5, Nasdaq 100 Index futures extended losses to 1.5%. Additionally, leading AI tech stocks traded lower pre-market, with MRVL down 4.83%, AVGO off 2.72% and AAOI sliding 5.56%.

June 5 — Reuters: Two well-placed Greek government officials tell the outlet that Greece’s Ministry of Finance is drafting legislation to impose a 15% capital gains tax on cryptocurrency, with the bill on track to be sent to parliament for approval in the coming months. Under the plan, up to €500 in gains per individual taxpayer will be tax-free. Personal mining operations will not be taxed, but mining companies registered as formal businesses will face the levy. Currently, Greece lacks a comprehensive tax structure for cryptocurrencies, and tax rates across EU nations vary dramatically — from 8% in Cyprus to 30% in France. Officials add that since most Greek crypto investors use overseas platforms, it’s hard to gauge the size of the country’s domestic crypto market, and no specific tax revenue projections have been released.

June 5. According to the official U.S. Congress website, the full text of the U.S. House of Representatives’ American Reserve Modernization Act (ARMA, H.R. 8957) has been released. Introduced on May 21 by Alaska Representative Nicholas Begich, the bill is now before the House Committee on Financial Services for review. Core provisions of the legislation include: integrating Bitcoin seized through criminal or civil asset forfeiture into a strategic Bitcoin reserve overseen by the U.S. Treasury Department, with a mandatory 20-year minimum holding period during which the assets cannot be sold, traded, or otherwise disposed of; establishing a quarterly reserve attestation requirement paired with third-party independent audits; and allowing U.S. states to voluntarily hold their own Bitcoin in separate accounts at the Federal Reserve. Looking ahead, the bill directs the Treasury and Commerce Departments to jointly develop a budget-neutral path to increase federal Bitcoin holdings within 18