The U.S. House of Representatives Passes Resolution Limiting Trump's Military Action Against Iran, But It Is Not Legally Binding
WASHINGTON, June 6 — The U.S. House of Representatives passed a war powers resolution this week, with 215 votes in favor and 208 against, that demands President Trump halt military actions against Iran conducted without congressional approval. Four Republican lawmakers crossed party lines to join Democrats in advancing the measure.
Even though the House cleared the resolution, it is a concurrent resolution — a type that, even if approved by the Senate, carries no legal force, leaving Trump under no obligation to abide by its terms. White House officials have labeled such concurrent resolutions inherently unconstitutional, stating Trump will continue acting under his constitutional authority as commander-in-chief.
Trump later posted on Truth Social to characterize the vote as “meaningless,” accusing Democratic supporters of the resolution and the four GOP defectors of seeking to undermine his authority during Iran war negotiations.
Per standard procedure, the House-passed resol
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Trump Criticizes Obama's Iran Nuclear Deal Again, Experts Say It Once Effectively Restricted Iran's Nuclear Program
WASHINGTON, June 6 — Former U.S. President Donald Trump renewed his criticism of the 2015 Iran Nuclear Deal (JCPOA) in a recent interview, calling the agreement "almost equivalent to giving Iran a nuclear weapon." He added that any future U.S.-Iran nuclear deal would be "far superior to the Obama-era agreement."
However, several U.S. non-proliferation experts point out that while the JCPOA was not flawless, it successfully constrained Iran’s uranium enrichment activities and established the strictest international nuclear inspection mechanism to date. Ernest Moniz, former U.S. Secretary of Energy, noted that the agreement’s most significant achievement was a major boost in transparency, granting the International Atomic Energy Agency (IAEA) unprecedented oversight of Iran’s nuclear facilities.
Reports indicate that after the Trump administration withdrew from the JCPOA in 2018, Iran gradually breached the pact’s restrictions, significantly expanding its enriched uranium stockpile and
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A leverage whale today increased its position by 93,300 ETH at $1,633, with a liquidation price of $1,356.
June 6 – Per EmberCN’s monitoring data, a crypto whale purchased $24 million worth of ETH just 20 minutes ago. Over a span of just over a day, the whale spent a total of $152 million in USDT to acquire 93,330 ETH at an average price of $1,633 per ETH.
The whale’s total ETH holdings now reach 167,400 units, valued at $261 million overall. The liquidation price for these positions is set at $1,356, meaning the current ETH price is $200 above this threshold.
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Monad is planning to reduce the consensus block time to 300 milliseconds to accelerate the block confirmation speed.
June 6: The Monad development team at Category Labs has proposed MIP-12, which would shorten the network’s consensus vote pace from the current 400 milliseconds to 300 milliseconds—aimed at accelerating block confirmation speeds and improving consensus efficiency.
The proposal includes multiple parameter adjustments: the transaction cap will be reduced from 5,000 to 3,750 transactions, the block proposal gas limit will drop from 200 million to 150 million, and the proposal byte limit will be lowered from 2 million bytes to 1.5 million bytes. To align with the faster block generation cadence, the block reward will also be cut from 25 MON per block to 18 MON.
Category Labs clarified that these changes won’t impact client-side execution, but they require a hard fork to implement due to consensus layer parameter modifications. The proposal argues a faster voting pace will help secure a quorum more quickly, speeding up block formation. As of now, MIP-12 remains in the draft stage.
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ZachXBT publicly questioned Arthur Hayes: Loudly Bullish on WLD and Quickly Exited, Who Provided Exit Liquidity?
June 6: On-chain sleuth ZachXBT called out BitMEX co-founder Arthur Hayes for flip-flopping on his crypto takes and dumping tokens rapidly, questioning how much "exit liquidity" he racked up from his followers over the past few days.
Prior to Worldcoin (WLD), Hayes had voiced bullish stances on tokens like NEAR, HYPE, and ZEC—then turned around to repeatedly hammer a strong bull case for WLD, setting a price target far above its current level. But he bailed on his WLD position quickly.
Hayes clapped back, saying he just sold at market price to willing buyers per his trading targets. He added that if WLD’s price had kept climbing, folks would’ve written off his sell-off as a bad call, noting, “This time, my judgment just happened to land right.”
ZachXBT then reposted Hayes’ old WLD bull comments, calling out his swift exit after hyping the token so publicly—sparking a wider community debate about crypto influencers’ market clout and the “exit liquidity” issue.
For context, Hayes had
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AC: During the recent significant market correction, only approximately $50,000 in liquidations were triggered, much lower than the traditional LTV model.
June 6: SonicDAO co-founder Andre Cronje shared that during a sharp market pullback on derivatives platform FT (FlyingTulip), the protocol’s equity-based account borrowing model only saw roughly $50,000 in total liquidation volume. The platform’s use of net risk calculations (instead of a standard loan-to-value, or LTV, framework) paired with a soft liquidation mechanism meant the average liquidation per position was just $200 to $2,000.
Cronje emphasized that under a traditional LTV-based lending system, liquidation volume during that same market turbulence would have been 10 to 20 times larger. He explained that the equity-based account model enables risk netting and cuts down on market impact through soft liquidations, delivering a borrowing experience that’s safer, less volatile, and involves smaller discounts compared to traditional alternatives.
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