Data: Currently 135 out of 109 Layer 2 chains have less than 1 user operation per second

Robinhood officially launched spot trading for FLR and STRK on June 4th, per its official website.

June 4 — Cosmos ecosystem core developer Cosmos Labs has acquired leading Cosmos block explorer Mintscan and launched a new Seoul-based subsidiary, Cosmos Labs Korea, to oversee key infrastructure operations across the Cosmos network. In a statement, Cosmos Labs Co-CEO Barry Plunkett revealed talks for the acquisition first kicked off last October. No details about the transaction’s size, financing structure, or whether Cosmos Hub’s native token ATOM is involved have been made public. Following the deal’s completion, a portion of Mintscan’s staff will join Cosmos Labs, while the rest of Stamper’s business units will remain unaffected. Currently, Mintscan tracks over 80 Cosmos-based blockchains. Cosmos Labs notes that the acquisition will let it integrate Mintscan, Skip:Go, IBC Eureka, and Cosmos Hub development into a more cohesive framework, boosting engineering capabilities for the Cosmos Hub.

June 4 – A Morgan Stanley analyst noted in a report that total global stock buyback announcements reached $53.1 billion in April and May this year, setting a new historical high for the same two-month period. The tech sector accounted for the vast majority of this growth. At first glance, this may seem puzzling given widespread market concerns over the scale of tech companies’ spending on artificial intelligence. However, the analyst stated that over the past several quarters, the tech sector’s financing needs have shown more positive signs: cash flow growth has seen a stronger upward trend than capital expenditure growth, which has helped expand its financing surplus and support increased buyback efforts. (Jinse)

On June 4, tech industry news outlet Tech Funding News reported that Tom Mueller—SpaceX’s first-ever employee—has founded space infrastructure firm Impulse Space, which has secured a $500 million Series D funding round. The round was co-led by 137 Ventures and BANNER VC, putting Impulse’s post-money valuation at $4.26 billion. With this financing, the company has now raised more than $1 billion in total capital. Founded in 2021, Impulse Space specializes in solving maneuvering challenges faced by spacecraft after launch. The company builds chemical propulsion systems for rapid trajectory adjustments, orbital transfers, and on-orbit operations. Its Mira Precision Maneuvering Spacecraft has already completed multiple successful missions, while the Helios high-energy upper stage is scheduled for its maiden flight in 2027. The Helios system is designed to quickly deliver payloads to geostationary Earth orbit (GEO), the Moon, and heliocentric orbits. Mueller, a former SpaceX veteran who l

As of June 4, data from LookOnChain indicates that BlackRock’s ETF has experienced net outflows of 30,119 BTC (approximately $1.92 billion) and 161,829 ETH (around $320 million) over the past 10 days.

June 4 – The World Gold Council’s latest Gold Market Commentary report, released on June 4, forecasts that mounting inflationary pressures will likely push the Federal Reserve to raise interest rates in the period ahead. We hold the view that such a rate hike could actually benefit gold, a seemingly counterintuitive dynamic. Historical data supports this: gold has delivered positive returns in over 50% of instances following an interest rate increase. Notably, the U.S. dollar’s impact on gold’s trends appears to carry more weight than interest rates themselves. Medium-term growth dynamics, yield convergence, and the broader trend of investors diversifying away from U.S. assets have set the stage for the greenback’s future weakness. Additional tailwinds for gold include key gold-consuming nations like China and India, as well as ongoing global central bank gold purchases—both of which show far less structural sensitivity to U.S. interest rates, potentially providing sustained support f