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.

June 12: According to monitoring by OnchainLens, the whale wallet 0x9cc has doubled its long position in SPCX (SpaceX). It currently holds 100,580 SPCX, valued at roughly $17.33 million, with an unrealized gain of approximately $676,000.

June 12 – Per Bitget market data, Japan and South Korea’s stock markets opened higher. South Korea’s KOSPI index surged 6.69% to open at 8,283.2 points, an increase of 519.25 points from the prior close. Japan’s Nikkei 225 index added 1.37%, rising 880.53 points to open at 65,097.80 points. Meanwhile, Samsung climbed 9.5% and SK Hynix advanced 9.1%.

On June 12, according to Bitget Market data, a South Korean exchange triggered a circuit breaker for KOSPI index futures, as the product surged 5% relative to the KOSPI 200. Trading was suspended for five minutes to pause algorithmic trading operations.

June 12 — U.S.-Iran relations appear poised for a potential peace breakthrough Thursday morning, as President Trump announced Iran’s Supreme Leader has agreed to a deal expected to be signed this weekend. But reaction from Iran has been mixed: Initially, Iran’s Ministry of Foreign Affairs dismissed all talk of an agreement as mere speculation, though Fars News Agency — a media outlet affiliated with Iran’s Islamic Revolutionary Guard Corps — now states that with the U.S. having accepted Iran’s proposed agreement text, there is a strong likelihood Iran has given its approval. Here’s a breakdown of the latest developments: ### UNITED STATES - Trump: The agreement is on track to be signed this weekend, with the Supreme Leader’s approval already secured; all parties in Iran have signed off on the U.S.-Iran deal. No firm deadline is set, but once the deal is finalized, the U.S. will lift sanctions. - U.S. Media: Three major points of contention between the two nations have narrowed thanks

June 12 – Per Bitget market data, Trump "TACOed" (short for Take Another Cycle Out) this morning, scrapping the planned strike against Iran and signaling a potential agreement could be reached as early as this weekend. The news triggered a sharp rally in U.S. equities: the Nasdaq 100 closed up roughly 3.5% – its best single-day performance in over a year. The broader Nasdaq index rose more than 2.5%, led by tech stocks, with the semiconductor sector surging 8%. Leading gains across U.S. semiconductor and storage names included: Marvell Technology (MRVL): +11.13% Intel (INTC): +9.27% AMD: +7.97% Qualcomm (QCOM): +6.15% Seagate Technology (STX): +6.38% Western Digital (WDC): +8% SanDisk (SNDK): +14.5% Micron Technology (MU): +11.6% On the bond front, the 10-year U.S. Treasury yield dropped 10 basis points to 4.45% in a single session. The 7-year Treasury saw the steepest move, with its yield falling 12 basis points. Meanwhile, international crude futures slumped: Br

On June 12, Trump stated, “We’ve just clinched a major war and peace agreement with Iran. The final deal could wrap up in the next few days, and the signing might happen in Europe. The Strait of Hormuz will open immediately after we ink the agreement. We could sign the Iran deal as soon as this weekend, with Vice President Vance on hand.” Trump also noted, “For this Iran agreement, I’ve learned Iran’s Supreme Leader has greenlit it. Once the deal is signed, the U.S. will lift the associated sanctions.”