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Digital Asset Broker FalconX has acquired a majority stake in the parent company of the crypto hedge fund Monarq.

2 days ago

On June 2nd, as per Bloomberg, the digital asset broker FalconX has obtained a majority share in the parent company of the multi-strategy crypto hedge fund Monarq Asset Management. This move is intended to enlarge its asset management services. The details of the deal were not made public. Austin Reed, the global head of revenue and business at FalconX, a privately held company based in San Mateo, California, stated that this investment presented an opportunity for the company to expand its institutional client base beyond hedge funds, proprietary trading firms, and asset management institutions.
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Binance Alpha's trading volume reached $1.93 billion yesterday, with ZKJ, KOGE, and MERL ranking in the top three.

On June 4th, based on the @pandajackson42 data dashboard, the trading volume of Binance's Alpha on June 3rd reached $1.93 billion. The trading volume of ZKJ was $1.31 billion, the trading volume of KOGE was $216 million, and the trading volume of MERL was $192 million, leading the way.

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James Wynn: The real key is the global M2 money supply; everything else is noise

On June 4th, Whale James Wynn made a post on social media, saying, "Once you focus on the global M2 money supply, you'll understand that everything else is merely noise." He attached an image indicating that the global M2 money supply is on an upward trajectory.

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SEC Chair: Will Develop Cryptocurrency 'Thoughtful Regulatory Framework' Instead of Taking Enforcement Action

On June 4th, the Chairman of the U.S. Securities and Exchange Commission (SEC), Paul Atkins, is persistently advancing his reform agenda with the aim of bringing about a "new era" to the SEC and driving a shift in the agency's policy stance regarding digital assets. Paul Atkins testified before the Subcommittee on Financial Services and General Government of the Senate Appropriations Committee on Tuesday, stating that he is dedicated to establishing a "rational regulatory framework" for crypto assets. He emphasized prioritizing rule-making and enhancing transparency instead of relying solely on enforcement actions. He said, "To safeguard investors from fraudulent activities, clear regulatory rules are of great importance as they can assist them in identifying blatantly illegal schemes. Policy-making will be carried out through a notice-and-comment rulemaking process rather than through enforcement or regulation."

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Yesterday, the US Bitcoin Spot ETF saw a net inflow of $3.751 billion

On June 4th, according to Farside Investors, the net inflow into the US Bitcoin spot ETF yesterday was $3.751 billion.

4 minutes ago

Yesterday the US Ethereum Spot ETF saw a net inflow of $1.095 billion

On June 4th, based on the monitoring of Farside Investors, yesterday the net inflow of the US Ethereum spot ETF was $109.5 million.

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Solidity Debugger sol-dbg Receives Ethereum Foundation Grant

On June 4th, the Ethereum Foundation Ecosystem Support Program announced on social media that the sol-dbg project has received a grant. It was developed by Dimitar Bounov. sol-dbg is a Solidity debugger developed as a TypeScript library. It adopts an experimental interpreter approach and supports optimized EVM bytecode generated from any Solidity compiler version 0.4.13 and above.

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