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An address withdrew 8 million STG from Gate, and the STG price surged over 40%.

2 hours ago

On June 10, crypto analytics outlet Ashes Monitor reported that a single address withdrew 8 million STG tokens from the exchange Gate.io, a transaction valued at roughly $2.2 million. This move sent STG’s price surging by over 40%. Notably, following STG’s integration with ZRO, holders can only convert STG to ZRO on a one-way basis at a fixed exchange rate: 1 STG = 0.08634 ZRO. ZRO currently holds steady at $0.84 with no price fluctuation. Calculating from this exchange rate, STG’s implied value should be around $0.07. However, STG is now trading on the open market at $0.36, a significant premium to its theoretical conversion value.
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Binance to List Zoom, DraftKings, and More TradFi Perpetual Futures Contracts

According to an official Binance announcement, Binance Futures will launch new perpetual contracts on June 10, 2026, at the following times (UTC+8): - 17:00 UTC+8: ZMUSDT Perpetual Contract - 17:05 UTC+8: DKNGUSDT Perpetual Contract - 17:10 UTC+8: RIVNUSDT Perpetual Contract - 17:15 UTC+8: GMEUSDT Perpetual Contract - 17:20 UTC+8: XLEUSDT Perpetual Contract - 17:25 UTC+8: EWZUSDT Perpetual Contract

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South Korea's KOSPI Index Plunges Nearly 5% Intraday, Triggers Circuit Breaker

On June 10, data from Bitget Markets showed that South Korea’s KOSPI index tumbled to 7,700 points, marking an intraday decline of nearly 5%. In response, the Korea Exchange triggered a circuit breaker and suspended KOSPI program trading. Shares of Samsung and SK Hynix both dropped more than 6%.

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Prominent Trader: If Bitcoin Falls Below $60,000, $54,000 Could Be the Next Support Level

June 10: Prominent Bitcoin trader Killa (@KillaXBT) shared a market view update, noting that if Bitcoin holds above its quarterly low of $60,037, the asset could rebound to the quarterly open price of $68,185; a breakdown below that level would point to the CME gap at $54,111. The next major downside support for Bitcoin is its July 2024 low of $49,302. As a quantitative trader focused solely on BTC, Killa has over 200,000 followers on X. He previously predicted this bull run would peak in May 2025, and opened a short position on Bitcoin at $74,688 in mid-April.

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NVIDIA Executive Dismisses "Optical Module Bearish Report": CPO to Proceed as Planned, Significant Scale-Up Expected in the Second Half

In an interview with tech journalist Tae Kim in Taipei on June 10, Nvidia’s Senior Vice President of Networks, Gilad Shainer, called CPO the most exciting technology in the networking space. He stated the company is ready to begin shipping CPO products, noting partner Lambda recently announced in a blog post it has obtained a CPO switch. Shainer added Nvidia will ramp up CPO production in the second half of 2026, with more widespread adoption of CPO on the horizon. He explained the rollout starts with scale-out configurations; CPO was first referenced in Nvidia’s Feynman generation, is now being used for its Vera Rubin product line, and the next phase will center on Feynman.

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Uniswap Founder: Claude Fable 5 Network Security Query Limit is a "Bad Decision"

On June 10th, Uniswap founder Hayden Adams expressed his opposition to the security sandbox mechanism introduced by Claude Fable 5, a new AI model from Anthropic. In his remarks, Adams pointed out, “Fable 5’s security protection system will detect and block requests related to cybersecurity—a terrible decision. At its core logic, the model cannot distinguish between legitimate requests from white hat hackers who seek to strengthen and defend systems and malicious requests from black hat hackers.”

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First Financial News: From January to May this year, Chinese residents' overseas income supplementary tax amounted to approximately 13 billion yuan.

June 10 – The State Taxation Administration of China announced that tax authorities have stepped up publicity, guidance, and policy counseling for Chinese residents’ individual overseas income. Compliance among taxpayers with foreign-source income has increased notably, with approximately 13 billion yuan in back taxes paid from January to May.

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