Huang Renxun has left Beijing, and NVIDIA has not disclosed whether Huang Renxun met with the DeepSeek founder.

June 6, per HTX market data, Bitcoin is currently trading at $59,769.84, marking a 5.20% 24-hour decline that pushed it below the $60,000 threshold. Ethereum stands at $1,524.44, down 11.87% over the same period. Data from leading centralized exchanges (CEX) shows both BTC and ETH have firmly entered bearish territory, with Ethereum’s negative funding rate depth expanding far more sharply than Bitcoin’s. On the BTC side, funding rates across all platforms are below 0.005%, signaling a broad bearish trend and near-total absence of bullish momentum. For ETH, bearish signals are even more prominent: funding rates on every platform have turned negative, meaning short positions are paying substantial fees to long holders—clear proof of stronger bearish sentiment compared to Bitcoin. BlockBeats Note: Funding rates are exchange mechanisms for perpetual contracts, designed to align contract prices with their underlying asset values. This is a fund exchange between long and short traders (exc

June 6 update: Per monitoring by LookOnChain, a wallet tied to Ethereum co-founder Joseph Lubin moved 80,001 ETH after more than three years of inactivity, with the transfer valued at roughly $121.6 million. The wallet held a total of 243,300 ETH, worth around $370 million at the time.

June 6 — According to LookOnChain, BitMEX co-founder Arthur Hayes had previously announced publicly that he held long positions in ZEC, NEAR, and WLD. He later sold these assets near their local tops, disclosing that he had exited all his positions and switched to a bearish stance. Currently, the prices of ZEC, NEAR, and WLD have all fallen back to levels before Hayes made those public position announcements.

June 6: On-chain analyst Ai (@ai_9684xtpa) reports a whale holding a $168 million ETH long position has been liquidated once more, with the latest liquidation totaling 10,117 ETH. Since last night, total liquidations tied to this position have climbed to 31,915.13 ETH. Below are the remaining leveraged loan positions and their updated liquidation prices: - Address 0xc3f…931e4: Borrowed 41,167.63 ETH, liquidation price at $1,472.09 - Address 0x34d…c4ac1: Borrowed 31,537.7 ETH, liquidation price at $1,458.78 If ETH prices continue to drop into this range, these positions will still face further liquidation risks.

Bitcoin slipped back below $60,000 on June 6, per HTX market data, with a 4.3% drop over the past 24 hours.

June 6, Dragonfly Capital partner Haseeb Qureshi broke down a recently patched Zcash vulnerability, noting that if bad actors had exploited the flaw before the fix, the outcome would’ve looked a lot like a privacy pool drain. If someone minted fake privacy ZEC, they would’ve had to offload it quickly before others caught onto the same gap—but here’s the catch: most of ZEC’s major trading platforms only handle transparent ZEC. Attackers can’t sell newly minted privacy ZEC directly on Binance or Coinbase; they have to first de-shield it. In this scenario, the real hit lands on regular passive privacy holders. Transparent ZEC is fully public, so it’s easy to enforce that total supply doesn’t exceed the cap—if someone tried to de-shield and move more than the limit, it’d get blocked at the exit. For transparent ZEC holders, including exchange users and those driving ZEC price discovery, the vulnerability has zero meaningful impact; any losses would be entirely borne by privacy ZEC holders