Moonshot has launched on the Believe ecosystem token LAUNCHCOIN

June 2nd. According to Decrypt, starting from June 30th, all overseas cryptocurrency companies that serve Singaporean customers are required to obtain a license. Otherwise, they must cease operations. This is because the Monetary Authority of Singapore (MAS) is intensifying its efforts to combat financial crime risks. MAS has confirmed that it will fully implement Section 137 of the Financial Services and Markets Act (FSM Act), which gives the regulator the power to license and regulate Digital Token Service Providers (DTSPs) operating in Singapore. This regulation also applies to those companies that, even if they only serve overseas users but are incorporated in Singapore or have Singaporean employees.

On Monday, an EU spokesperson stated that during the weekend, the EU had sent a technical team to Washington for trade negotiations with the Trump administration. The EU had warned that if Trump potentially increased steel tariffs to 50%, it could endanger the negotiations between the two major economies and trigger retaliatory tariffs on U.S. goods. On Monday, the spokesperson reiterated this warning and said that if "our negotiations do not lead to a balanced result," the EU is prepared to take retaliatory measures. EU Trade Commissioner ?ef?ovi? is expected to meet with U.S. Trade Representative Grier in Paris on Wednesday. (Golden Finance)

June 2nd. According to official channels, MEXC officially launched LayerEdge (EDGEN) in the Innovation Zone at 18:30 (UTC+8) on June 2nd and opened the EDGEN/USDT trading pair. At 19:30 (UTC+8), the instant swap function was launched, enabling seamless and instant exchange with other assets. To celebrate the launch, MEXC has launched an Airdrop+ event with a total prize pool of $20,000 worth of EDGEN and 60,000 USDT. The event has begun and will end at 18:00 (UTC+8) on June 12, 2025.

On June 2nd, the current airdrop yield of Binance Alpha's EDGEN has dropped sharply. Based on the secondary market price, the estimated yield now stands at only $43. Previously, the airdrop yield of Binance Alpha could reach the range of $80 to $120.

On June 2nd, Whale James Wynn made a post on social media, saying, "If you wish to support this cause/fight corruption, purchase BTC right now. Immediately after I went long, I was sniped without delay. There is undoubtedly some sort of conspiracy here. I have no idea what it is." It couldn't merely be due to my long position. It could be because I'm just a small fish engaging in the whale game, or it could be because I've drawn attention to HyperLiquid. In any case, try to support me by buying BTC!