Singapore's largest money laundering case suspect Wang Shuiming may be extradited to China, with his accomplice being the mastermind behind the Hong Kong crypto platform scam AAX.

On June 3, Microsoft (MSFT.O) launched the Microsoft Web IQ suite, which includes a series of AI-native Grounding APIs. Web IQ is reportedly a search engine built specifically for AI systems. Click the original article link below to join BlockBeats’ Feishu AI News Channel, which monitors global AI trends and news 24/7.

June 3: Per Bitget market data, the U.S. semiconductor sector showed mixed performance. Micron Technology (MU) climbed 0.75%, SanDisk (SNDK) dropped 1.52%, Western Digital (WDC) advanced 2.79%, and Seagate Technology (STX) rose 0.69%.

June 3 — Data from CME Group’s FedWatch Tool indicates the probability that the Federal Reserve will keep interest rates unchanged in its upcoming June meeting stands at 98.6%, while the chance of a 25 basis point rate cut is currently at 1.4%.

June 3rd — U.S. President Donald Trump pushed back on Thursday against what he called "fake news" claiming Iran and the U.S. had halted their dialogue a few days prior, calling that report incorrect. Trump insisted the two sides have kept continuous talks going, noting discussions have taken place repeatedly in recent days: four days ago, three days ago, two days ago, yesterday, and today. He added that while no one knows how the exchanges will turn out, he has told Tehran it is time to strike a deal regardless.

On June 3rd, the well-known Bitcoin whale account "Setting 10 Big Goals First" posted on social media to announce it’s restarting bullish bets on Bitcoin. The trade details shared show the whale opened a 4x-leveraged long position totaling 281.789 BTC at an entry price of $67,777, and is currently earning slight profits from this position. Additionally, this same whale closed out a Bitcoin short position yesterday, securing a total profit of $3.3 million from that trade.

June 3 — Official sources report that decentralized finance (DeFi) protocol Ethena has announced a strategic partnership with Coinbase. The two firms will collaborate to advance on-chain finance and savings products, which will cater to an audience of over 100 million users. Their first joint growth plan is slated to launch officially next week, with the aim of accelerating the adoption and real-world application of on-chain financial products. As part of this collaboration, Coinbase Ventures has also closed its initial investment in ENA tokens via an open-market purchase. This marks Coinbase Ventures’ first ever direct buy of ENA, further solidifying their partnership as they build out the on-chain finance ecosystem. Coinbase Ventures noted that Ethena has emerged as a key player in the on-chain finance space, with its innovative products driving progress in stablecoins and on-chain yield markets. Going forward, both parties will deepen their cooperation around the USDC ecosystem an