After the KelpDAO hack, protocols such as Ethena have temporarily suspended the LayerZero OFT cross-chain bridge.

June 4 – Per Onchain Lens monitoring, a newly created crypto wallet pulled 180,000 HYPE from Coinbase five hours ago, with the transfer valued at roughly $13.4 million. Separately, three wallet addresses likely belonging to the same entity withdrew 557,406 HYPE from Kraken for around $41.53 million, and have since staked these tokens.

June 4 – Per Bitget market data, the Nikkei 225 Index opened 442.74 points lower on Thursday, shedding 0.65% to hit 67,959.39 points. South Korea’s KOSPI Index, meanwhile, opened 170.78 points lower, dropping 1.94% to 8,630.71 points.

On June 4, The Wall Street Journal reported that Trump told his aides he would not launch a full-scale war against Iran unless there was a deadly attack on U.S. military personnel.

June 4 – Per HTX market data, prediction market sector tokens are strengthening as the FIFA World Cup prepares to begin on June 12. Key gains in this space include: Opinion token OPN has surged by 97.24% over the past 24 hours, now trading at $0.2365; Limitless token LMTS notched an 8.2% increase in the same period, currently priced at $0.1049.

June 4: Per HTX market data, AI sector tokens rallied against the trend, leading the crypto market. Key performance stats: - WLD: 39.22% gain in the past 24 hours, now trading at $0.5332 - IO: 11.25% jump in the past day, currently priced at $0.1849 - ROBO: 10.56% rise in 24 hours, now valued at $0.0203 - PHA: 10.32% surge in the past 24 hours, trading at $0.0385

June 4 — Per a filing with the U.S. Securities and Exchange Commission (SEC), Bitmine Immersion Technologies announced the pricing of its offering of 3 million shares of 9.50% Series A Perpetual Preferred Stock, par value $100 per share, which will raise $300 million in gross proceeds. The preferred stock carries an initial liquidation preference of $100 per share, with future adjustments permitted under specified terms that will never reduce the preference below $100 per share. Annual dividends on the preferred stock accrue at a 9.5% rate and will be paid in cash on a weekly basis. Dividends are cumulative: even if the company does not declare a dividend or lacks sufficient distributable funds at any time, unpaid dividends will continue to accrue. Bitmine added that it may increase dividend frequency in the future, subject to market conditions, to provide investors with a steady source of cash income. Bitmine reserves the right to redeem the preferred stock early, with tiered pricin