Cryptocurrency Fear and Greed Index Rebounds to 56, Market Returns to 'Greed' State

On June 2nd, based on the monitoring of LookOnChain, 2 hours ago, BlackRock transferred 4,113 Bitcoins to Coinbase Prime (approximately $429.4 million) for the first time after a continuous inflow of Bitcoin for one month.

On June 2nd, according to official information, YZi Labs has appointed Jing Xiong as the Investment Director. She will be in charge of leading investment activities in the field of artificial intelligence. She holds a Ph.D. from Stanford University and has worked at Google for five years, thus bringing with her a solid professional foundation.

On June 2nd, based on Nansen data, the top five public chains in terms of the count of active addresses in the past 7 days are: Solana (32.85 million), Avalanche (11.616 million), BNB Chain (7.235 million), Tron (6.255 million), and Algorand (4.639 million).

On June 2nd, as per official channels, Paul Atkins, who serves as the Chairman of the U.S. Securities and Exchange Commission (SEC), is scheduled to give testimony at the hearing of the U.S. Senate Appropriations Committee tomorrow afternoon at 2:30 pm (ET), and a live streaming option will be accessible.

On June 2nd, the three major U.S. stock indexes opened in a lower trend. The Dow dropped by 0.4%, the S&P 500 decreased by 0.3%, and the Nasdaq went down by 0.2%. (FX168)

On June 2nd, according to official channels, the hybrid crypto trading platform GRVT claimed that the "Transparency vs Privacy" dispute in on-chain transactions is by no means a zero-sum game. In fact, the architecture of GRVT itself offers the answer. Users can maintain transparency without having to disclose their transaction positions because the Zero-Knowledge Proof (ZK Proof) technology has already resolved this issue. The specific approach is as follows: GRVT has constructed a transaction platform on a private Layer 2 network (the ZKsync's Validium chain). This indicates that GRVT utilizes zero-knowledge proofs to validate off-chain data such as order size, price, holdings, and time - all of which are crucial and confidential transaction strategy information. Subsequently, this data validated by ZK proofs is submitted to the Ethereum mainnet (L1) to ensure data integrity, which is a fundamental basis of blockchain transparency.