SAHARA Flash Crash: Price Plunges Over 60%, Resulting in $22.25 Million Long Liquidations Across the Network
On June 9th, HTX market data reports SAHARA experienced a flash crash of over 60%. It is currently trading at $0.01545, with a market cap of $56.06 million and a fully diluted valuation (FDV) of $161 million.
Additionally, per Coinglass data, total SAHARA liquidations across all exchanges hit $22.45 million in the past hour—$22.25 million of which were long liquidations. This makes SAHARA the most liquidated asset in the hour, double the amount of ETH, which ranked second with $10.62 million in liquidations.
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GMG.AI has completed a core upgrade, reshaping the Web4 Mechanism Trust Standard
On June 9, GMG.AI — a Web4-native full-stack AI ecosystem platform — officially completed two core foundational upgrades: all contracts have fully renounced their permissions, and its over $86 million liquidity pool (LP) has been permanently locked via PinkLock.
This technical upgrade eliminates all potential for manual backdoor modifications, permanently locks in ecosystem liquidity, breaks the industry’s long-standing reliance on the outdated "trust-based on project team promises" model, and sets a new benchmark for "mechanism-driven trust."
Looking forward, GMG.AI will continue integrating AI intelligent agents with its value network, accelerate its push toward a fully decentralized ecosystem, and provide the global Web4 market with secure, long-term predictable infrastructure.
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Bitget Launches USDGO Flexible Savings with Up to 12% APR
On June 9, Bitget launched its USDGO flexible savings product, which offers an APR of up to 12%. Users can sign up for the product without locking their funds, enjoy flexible deposits and withdrawals, and earn interest per the product’s guidelines.
Additionally, users can take advantage of instant swaps to exchange between USDT and USDGO. If you hold USDGO for a minimum of 14 days before swapping back to USDT, you’ll qualify for a slippage subsidy to offset exchange rate fluctuations, enabling zero-loss instant swaps. For full details, please visit Bitget’s official platform.
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「White-Haired Stock God」: Did Not Hold a Long Position in Green Harmonic, Unable to Participate in Related Investments as a Foreigner
On June 9th, Serenity, the self-proclaimed "White-Haired Stock God," posted on social media that his favored investment targets—like Chinese listed stock Green Harmony (stock code: 688017)—are designed for long-term holds rather than just short-term bets. He added that this week, he plans to "dig up several new investment opportunities to research."
Serenity also noted he currently holds no shares in Green Harmony, even though it is his favorite Chinese public company. "I want to stay objective and am willing to share my research findings for free. The main reason is that, as a foreign national, I cannot purchase these stocks," he explained.
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La Liga team Osasuna hedges relegation risk through Kalshi, purchasing approximately $1.4 million in related insurance
June 9 — Spanish La Liga soccer club Osasuna hedged its financial risk of being relegated from the top-flight league using the Kalshi prediction market, according to a report from Protos.
Osasuna purchased a €1.2 million (roughly $1.4 million) policy tied to Kalshi’s platform, and the club confirmed this week it had bought a "relegation insurance" product from broker Howden. The contract would pay out €6 million (about $6.9 million) if Osasuna were sent to Spain’s second division, to help offset financial losses from the drop.
Documents from Howden and La Liga confirm these types of risk-mitigation policies are common for pro sports clubs and organizations to cover business-related contingencies. Earlier, Semafor reported an unnamed Spanish soccer club had placed a multimillion-dollar bet via Kalshi to guard against relegation-related financial hits. In the final match of the season, Osasuna lost 1-0, but secured its La Liga spot thanks to a better goal differential. As a result, the
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