Magic Eden has increased the token buyback and staking rewards ratio to 30% of core revenue.

On June 5, cryptocurrency exchange Binance announced it would delist the COS, D, HIGH, and MBOX tokens, citing results from an internal audit. In the wake of the announcement, COS plummeted 22.83% over a short period, D dropped 22.28%, HIGH fell 24.53%, and MBOX declined 18.42%.

According to a Bloomberg report published on June 5, U.S.-based firm Convalt Energy has agreed to invest $6.2 billion to build a 1,200-megawatt hydroelectric project and an artificial intelligence (AI) data center in the African country of Lesotho. Lesotho government spokesperson Boitelo Rabele stated in an official press release that this is the largest foreign investment project in the southern African nation’s history. The project will help Lesotho lower its dependence on imported energy and create a significant number of local jobs. Click the original article link below to join BlockBeats’ Feishu AI News Channel, which tracks global AI trends and news 24/7.

June 5 – Per an official announcement, Binance will halt trading and delist the following assets on June 19, 2026, at 11:00 UTC+8: Contentos (COS), Dar Open Network (D), Highstreet (HIGH), and MOBOX (MBOX).

June 5 update from Ashes Monitor: A large trader dubbed the "Largest Long Position on Hyperliquid" opened a long position of 120,000 ETH at an average entry price of $2,261, worth approximately $271 million. The position is currently underwater by $73.66 million, with its liquidation price set between $1,300 and $1,400. To avoid being liquidated, the trader added an extra $26 million in collateral over the past several days.

June 5 – According to Bitget market data, Japan’s Nikkei 225 Index ended Friday’s trading session at 66,588.12 points, a loss of 882.57 points or 1.31% on the day. South Korea’s KOSPI Index closed its Friday session down 478.82 points, a 5.54% drop, to settle at 8,160.59 points.

June 5 BlockBeats Stats: On-chain attack frequency has jumped roughly 2.8 times since AI entered widespread use, per the crypto media outlet’s data. The pre-AI baseline (2020–2021) saw an average of 3.7 monthly on-chain attacks. From June 5, 2024 to June 5, 2026, that monthly average rose to 10.4, totaling around 250 attacks over the two-year window. Annual attack volumes climbed steadily after ChatGPT’s launch: 17 events in 2020, 71 in 2021, 67 in 2022, 97 in 2023, 94 in 2024, 97 in 2025, and 96 in 2026 (annualized to approximately 225). All post-2023 counts stayed far above the early pre-AI baseline. High-frequency attack periods align with major GPT model releases: Following GPT-5.2’s Dec. 11, 2025 launch, there were 24 attacks in the next 56 days. After GPT-5.4 launched on March 5, 2026, 21 attacks occurred over the subsequent 42 days. GPT-5.5’s April 23, 2026 debut sparked the highest tally: 38 attacks in the 35 days post-launch. The trend signals crypto security is entering a