Huang Renxun Meets with Representatives from Two Major South Korean Game Companies to Discuss Game AI Collaboration Scheme

June 7 — A senior diplomatic source told Saudi media outlet Hadaf that Pakistan’s interior minister has conveyed a message: the U.S. has agreed to ease sanctions on Iran.

June 7 — Official sources announced today that crypto exchange Bybit has formally launched its on-chain stock IPO subscription product, Bybit IPO Express. In collaboration with xStocks, the platform is introducing tokenized IPO subscription services for SpaceX, making Bybit one of the world’s first centralized exchanges to offer tokenized IPO subscriptions at the primary market’s issuance price stage—further expanding the on-chain stock asset trading ecosystem. For years, global investors have faced steep barriers to accessing high-demand IPOs, including geographic restrictions, broker minimum thresholds, and limited quota limits. Most participants could only enter the market after a company went public, not during the early primary stage. Bybit IPO Express breaks these barriers via xStocks’ compliant tokenization framework, open to eligible Bybit VIP and Pro users. For the first time, non-institutional investors can directly subscribe to IPO shares at the issuance price on Bybit, wit

June 7th – Analyst Rekt Fencer has issued a market alert flagging a rare simultaneous sell-off across multiple asset classes right now. Gold, silver, crypto, bonds, and oil are all falling in lockstep, with the S&P 500 set to be the next domino. The S&P 500’s current vertical surge mirrors the lead-up to Black Monday in 1987. The market remains in an extremely euphoric state, putting it at very high risk of repeating that historical crash. The projected decline path could look like this: 7250 → 6750 → 6250 → 5500, marking a major retracement level. Even though Goldman Sachs has lifted its S&P 500 target to 8,000 points, the widespread bull market consensus is exactly a critical risk signal.

June 7 — Former Goldman Sachs analyst Dom Kwok is sounding a sharp cautionary note ahead of SpaceX’s upcoming initial public offering (IPO), pointing to what he calls a string of “coincidental” shifts in the days leading up to the listing. Kwok flagged three key developments: The U.S. Pattern Day Trading (PDT) rule has been rolled back, scrapping the prior $25,000 minimum account balance requirement for retail traders looking to day trade freely. Fidelity has drastically cut the minimum account threshold to join SpaceX’s IPO, dropping it from $500,000 to just $2,000. And underwriting banks revealed they will allocate up to 30% of SpaceX’s shares (traded under ticker SPCX) to retail investors during the IPO — a massive jump from the usual 5% earmarked for regular retail participation. “This isn’t a coincidence,” Kwok stated unequivocally. “Retail investors are being positioned to provide liquidity for a $2 trillion IPO.” Kwok added he will not be investing in SpaceX right now, opting

June 7 — U.S. media outlet Politico conducted a manual classification analysis of over 800 posts and retweets from Donald Trump’s Truth Social platform in May, uncovering core recurring themes in his online activity. The most frequent topic Trump discussed centered on reshaping the Republican Party: this included endorsements for his “Trump-aligned GOP,” victory celebrations, and attacks on internal party rivals. Trailing closely behind was the extensive beautification of Washington, D.C., mentioned 80 times — a count that outpaced references to election integrity (29 times), immigration policy (11 times), and posts tied to urban crime. On May 20, Trump wrote on the platform: “Washington is being awakened to show its beauty, elegance, and charm... The grandest will be the National Mall Reflecting Pool — 2,500 feet long, nearly 200 feet wide, the largest of its kind in history.” The Iran war remained a high-frequency topic with 68 mentions, though posts here repeatedly focused on ensu

June 7. DeFi yield protocol PiggyBank announced that roughly a month ago, it executed a $100,000 over-the-counter (OTC) purchase of LAB at a discounted price, making up 2% of its portfolio at the time. Following the LAB investment, the protocol employed a delta neutral strategy to open a short position. However, extreme price manipulation and liquidity constraints kept the funding rate negative, leading to continuous losses on the short position. PiggyBank noted it plans to close the short position to cap further losses. Currently, the LAB holdings held by the protocol are valued at approximately $1.35 million, but due to insufficient liquidity, the protocol intends to exclude this value from its net worth calculation. As a result, users may face short-term net worth declines across its various Vaults.