Tokenlon's LON token has dropped by 75% in the past year and a half, and Ben He has not proactively tweeted during the same period

On June 5, Curve founder Michael Egorov posted that widespread pessimism is gripping markets regarding Bitcoin and the broader crypto sector. The shift stems from crypto assets falling out of recent favor, as AI stocks now dominate the mainstream market. Egoror stressed crypto is far from a mere "toy"—it serves a real purpose: granting users self-sovereignty and building an always-on financial network that never halts. He added that institutions are increasingly adopting infrastructure that cuts out cumbersome intermediaries, making the crypto industry fundamentally stronger than it’s ever been. He also noted AI is a foundational technology but will navigate its own "uncanny valley" phase. Replacing humans with AI, he explained, creates a feedback loop where AI outputs become AI inputs, driving down quality and causing maintenance costs to grow exponentially. Major companies pushing AI’s widespread use may not implement it correctly, leading to inflated reported expenditures. Import

June 5 – Per Bitget data, fueled by “IPO God” Serenity’s “pump signal,” Green Harmony has seen a short-term surge of over 8% and is now trading at $352.7. Earlier, Serenity, known as the “IPO God,” noted that Green Harmony (ticker: 688017) is his top pick among Chinese listed firms in the humanoid robotics sector; the company is currently valued at around 57.73 billion yuan. China clearly holds a leading edge in scalable mass production, and many Western companies struggle to match Green Harmony’s cost levels. As physical AI advances toward large-scale deployment, he remains extremely bullish on the robotics sector.

**Zcash Orchard Pool Vulnerability Triggers Emergency Fix, Sparks 31% ZEC Price Drop** Zcash founder Zooko Wilcox revealed in a June 5 post a severe counterfeiting vulnerability in the protocol’s Orchard privacy pool, a flaw that could be abused to create an unlimited, undetectable amount of fake ZEC tokens. Security researcher Taylor Hornby discovered the bug on May 29 using Anthropic’s Opus 4.8 model, then disclosed it to the Zcash Open Development Lab (ZODL). ZODL coordinated an emergency response across the Zcash ecosystem, with a fix rolled out on June 2. Hornby developed full working exploit code in a local regtest environment, which successfully generated unlimited untraceable counterfeit ZEC during testing. If run on Zcash’s mainnet, this tool would let attackers produce fake tokens that go undetected in user wallets. The vulnerability stems from an under-constrained component in the Orchard circuit: malicious actors can feed false inputs to elliptic curve multiplication, an

Per an official announcement, Binance will cease support for trading in certain stocks on June 5, 2026, at 19:00. The stocks being delisted in this round include: AB, ARLP, BSM, CAPL, CQP, DKL, DMLP, EPD, ET, GEL, GLP, IEP, MMLP, MPLX, NGL, NRP, PAA, SPH, SUN, UAN, USAC, WES, and WLKP.

June 5 — According to Hyperinsight’s monitoring (via their Telegram channel @HyperInsight), as of 10 hours prior to this report’s publication, three whales on Hyperliquid opened nine-figure BTC short positions today, all on the bearish side. Two of these whales have already placed buy orders, planning to take profits in stages once BTC drops below $60,000. Today’s largest BTC whale position details: The trader shorted 304.2 BTC with 40x leverage, valued at approximately $19.13 million, at an average entry price of $63,503, with a liquidation price of $64,081. This position was opened 6 hours ago; its current unrealized profit stands at $180,000 (up 39%). The first take-profit order is set at $60,250, with the take-profit range extending as low as $47,500. Wallet address: 0xd6803927489a9aa01500695c635f7f6747973496

June 5 – Crypto analytics firm Onchain Lens reports that Zcash (ZEC) dropped below $400 amid a confirmed vulnerability in its Orchard Pool protocol. Separately, a trader dubbed the "BTC OG Insider Whale" is currently holding over $13.5 million in unrealized profits from a 3x leveraged short position on ZEC, while their 5x leveraged long position on Bitcoin (BTC) faces a loss of more than $17 million.