Upbit will temporarily suspend token deposits and withdrawals on the Sui Network

On June 1st, Whale James Wynn once again took to social media to express that he is going to make a comeback. "I don't want to go into too much detail about this topic. Just to give a brief mention. For those who claim that I earned 100 million US dollars and then lost it all, this kind of narrative is very common in the crypto circle. I used leverage trading to turn 3 to 4 million US dollars into nearly 100 million US dollars in profit, and then ultimately lost 13 million. Some of you act like gods, thinking that you would cash out at 100 million. Have you ever thought that I never intended to cash out at 100 million? Why would I cash out? " "Here are some thoughts: Sometimes 10,000 US dollars can change a person's life. Sometimes it's 100,000, sometimes it's 1 million, sometimes it's 10 million, sometimes it's 100 million, sometimes it's 1 billion, or even 10 billion, or 100 billion. Everyone has their own path, and everyone has their own goal. For me, it's either a big win or a tot

On May 31st, Ethena made an announcement that its stablecoin USDe and the staking version of TON, tsUSDe, have been integrated into the TON blockchain. This enables users to access them through mainstream non-custodial wallets.

On May 31st, as per Cointelegraph, an analyst stated that the ETH/BTC exchange rate is shaping a bullish "Cup and Handle pattern" and a "Bull Flag pattern", suggesting a potential upside ranging from 30% to 55%. In the event that the ETH/BTC exchange rate breaks through a crucial resistance level, it may set off a large-scale altcoin season similar to those in 2017 and 2021. From a technical analysis standpoint, if the ETH/BTC breaks through the neckline at 0.02596, the target price could reach 0.03814, with a potential upside of 55% within the timeframe of July. This target is in line with the resistance level from December 2024.

On May 31st, as monitored by Moonshot Listings, Moonshot has launched the token LAUNCHCOIN within the Believe ecosystem based on Solana. According to GMGN data, as of now, LAUNCHCOIN has a market capitalization of $130 million, a 24-hour increase of 1.68%, and a 24-hour trading volume of $25.7 million. BlockBeats reminds users that meme coins often lack practical use cases and experience significant price volatility, and investment should be approached with caution.

On May 31st, based on HODL15Capital's data, as of today, the US Bitcoin spot ETF holds a combined total of 1,205,626 BTC. Among them, BlackRock's IBIT holds 660,814 BTC and ranks first. Fidelity's FBTC and Grayscale's GBTC rank second and third respectively, with 198,159 BTC and 186,622 BTC.

On May 31st. As per Cointelegraph, at least three professional insurance companies are in the process of developing customized Kidnap & Ransom (K&R) insurance for cryptocurrency investors. The first batch of these products is anticipated to be launched this autumn. In recent periods, there have been a significant number of cases involving violent threats against cryptocurrency whales. For instance, the Noizat family, who are the co-founders of the French exchange platform Paymium, experienced an attempted kidnapping. In Seoul, South Korea, a robbery incident disguised as a cryptocurrency transaction occurred, with an amount of $730,000 involved. According to a report by the private security company Infinite Risks International, the demand for bodyguards for cryptocurrency whales has seen a 300% increase since May. Rebecca Rubenfeld, the COO of AnchorWatch Insurance, stated at the Bitcoin 2025 Conference that a cryptocurrency-specific customized Kidnap & Ransom insurance product will b