Israel-Palestine Conflict Escalates, Oil Prices Surge Over $4 Intraday

June 8, per a report from *Sing Tao Daily*, the quadrennial World Cup kicks off on June 11. The Hong Kong Police Force (HKPF) anticipates a surge in illegal gambling activities during the tournament. To counter this, the force has launched Operation "Gobi and Wind Shield" to crack down on illegal online gambling, while ramping up public education and awareness efforts—particularly targeting young people. The HKPF noted that in recent years, illegal gambling has grown increasingly digitalized in its promotion, communication, and betting methods. Some operators even use virtual currencies for betting transactions to evade law enforcement detection. Even so, the police still have the capability to trace participants and urge the public to refrain from engaging in online gambling. During the 2024 UEFA European Championship, the HKPF arrested 735 individuals via Operation "Gobi and Wind Shield". For the 2022 World Cup, that number was 1,104. Last year alone, the force uncovered 374 major

June 8 — Bloomberg reports that Chinese AI startup Moonshot AI is seeking a new funding round of up to $2 billion, which could push the company’s valuation to $30 billion. This move would mark its third financing round in six months, as it races to keep pace with China’s increasingly fierce artificial intelligence competition. The developer behind the popular Kimi chatbot has held preliminary talks with potential investors, with plans to raise more than $1 billion, per sources familiar with the matter. These discussions come as Moonshot nears the close of a financing round led by Meituan, which will set its valuation at $20 billion once finalized. If Moonshot hits its latest funding target, its valuation would jump roughly 7x from the over $4 billion it held as of December this year. Click the original article link below to join BlockBeats’ Feishu AI News channel, which tracks global AI trends and news 24/7.

On June 8th, per HTX market data, ZEC rebounded to break above $430, trading at $432.25 at press time, notching a 14.31% gain over the past 24 hours.

According to an Associated Press reporter, Saudi Arabia issued a missile alert on June 8 for the region around Prince Sultan Air Base—where U.S. troops are stationed and which is located in Sudan.

Market Flash | June 8 Per Bitget market data, SK Hynix has continued its rebound in the South Korean stock market: its intraday decline narrowed to 1.35% after falling as much as 10% earlier today, following a trading session replay. The stock is now priced at 2,043,000 South Korean won, equivalent to $1,316.78. Additionally, SK Hynix is trading at $1,315.6 on Trade.xyz and $1,324.11 on Binance.

June 8 – The White House says the U.S. was not involved in Israel’s missile attack on Iranian targets, Iran’s Press TV reported.