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The People's Bank of China has increased its gold reserves for 19 consecutive months, with the scale of purchases expanding significantly in the past three months.

on June 7, the State Administration of Foreign Exchange released data showing that as of the end of May 2026, China's foreign exchange reserves stood at $3,442.2 billion, an increase of $31.7 billion, or 0.93%, from the end of April. Gold reserve data released on the same day showed that China's gold reserves have increased for 19 consecutive months.According to official reserve asset data updated on June 7, as of the end of May 2026, China's gold reserves stood at 74.96 million fine troy ounces, an increase of 320,000 ounces from 74.64 million ounces at the end of April. The People's Bank of China began this round of gold purchases in November 2024, and as of the end of May 2026, it has increased its holdings for 19 consecutive months.Between March 2025 and February 2026, the People's Bank of China's monthly gold purchases remained below 100,000 ounces. Since March, the scale of monthly purchases has been steadily increasing, reaching 160,000 ounces, 260,000 ounces, and 320,000 ounces respectively.Data shows that as of the end of 2025, gold accounted for approximately 8.8% of China's official international reserves, which are mainly composed of foreign exchange reserves and gold reserves. According to data released by the European Central Bank on June 2, as of the end of 2025, gold's share of total reserve assets held by central banks globally reached 27%, up from 20% at the end of the previous year. This indicates that the current proportion of gold in China's reserves is significantly low, leaving considerable room for further increases in the future. (Chang'an Street News)

Syscoin Discloses Preliminary Review of Cross-Chain Bridge Incident: Approximately 5 Billion SYS Tokens Abnormally Generated Due to Verification Issues

Syscoin released a preliminary post-mortem of the cross-chain bridge incident, stating that due to a verification issue in the bridging process, the attacker exploited an abnormal transaction proof validation to generate approximately 5 billion SYS tokens abnormally on the UTXO side via the affected bridging path.

Monera Digital’s trading team began building BTC short positions on May 18, entering near the initial inflection point of the current downward trend

Monera Digital has released a recent trading review. The team adopted a phased position-building strategy, entering the market on three separate occasions: May 18, May 22, and May 25. The average entry price was $77,203, and as of press time, the current price is approximately $63,000, resulting in a strategy return of over 20%. The position remains short.This trade was supported by Monera Digital’s AI quantitative agent, which assisted in determining entry timing and position management. Combined with traders' assessment of the broader market conditions, the strategy achieved dual control over signal capture and risk management execution.

Joe Lubin: Ethereum Foundation Layoffs and Restructuring Are Not a Crisis; Focus Will Shift to Core Technologies like AI Agents

Odaily, Ethereum co-founder and Consensys CEO Joe Lubin stated that the recent layoffs, budget cuts, and leadership changes at the Ethereum Foundation are not a crisis, but a necessary evolution of the organization. In an interview, Lubin pointed out that the Ethereum Foundation should focus on safeguarding core protocol technology and values, while tasks such as adoption, ecosystem expansion, and institutional collaboration should be undertaken by other entities. Maintaining neutrality and credibility is crucial to avoid conflicts between commercial interests and developers. He noted a public misunderstanding of the Foundation's role: the EF's responsibility is to maintain the Ethereum protocol, not to lead commercialization or market competition strategies.Lubin also stated that the future of Ethereum will be shaped by multiple organizations working together to build the ecosystem, rather than relying on a single entity for leadership. He dismissed claims that Ethereum is on the decline, saying the network is still developing steadily, and pointed out that years of scaling efforts are laying the groundwork for the next wave of adoption, including on-chain transactions by autonomous AI agents and increased institutional usage. The Ethereum Foundation is narrowing its focus precisely to ensure the protocol can support a new generation of applications, while new organizations will take on the work of promotion and commercialization.Lubin noted that the next wave is the agent economy, where hybrid human-machine systems will use Ethereum's infrastructure for transactions. The restructuring of the Ethereum Foundation is a healthy institutional optimization that will help Ethereum maintain robust development under the premise of decentralization and prepare for future technological and business innovations. (CoinDesk)

Michael Saylor publishes Bitcoin Tracker information again, may disclose increased holdings data next week

Michael Saylor, founder and executive chairman of Bitcoin treasury company Strategy, has once again released Bitcoin Tracker-related information, captioning it: "A good time to add more dots.."According to previous patterns, Strategy always discloses its increased Bitcoin holdings the day after such a message is released.

Tether CEO Shares Iconic "Dragon Ball" Image, Urging Crypto Community Unity During Bear Market

Tether CEO Paolo Ardoino posted a "Dragon Ball" comic image on X platform, featuring the protagonist Son Goku and numerous supporting characters holding up a Genki Dama labeled "BTC," alongside the caption "One Community," calling for unity within the crypto community during the bear market.

Binance Releases Updated Proof of Reserves, BTC Reserve Ratio at 100.58%

Binance has released an updated Proof of Reserves, showing that asset reserves consistently exceed a 1:1 ratio to safeguard user funds. Among these, the BNB reserve ratio stands at 100.58%, the Bitcoin reserve ratio at 100.20%, and the ETH reserve ratio at 100%. The USDT reserve ratio is 103.17%.

Bybit Launches On-Chain U.S. Equity IPO Subscription Product IPO Express; xStocks Tokenized IPO Debut Project SpaceX Goes Live Today

According to an official announcement, Bybit today officially launched its on-chain U.S. IPO subscription product, Bybit IPO Express, in collaboration with xStocks to offer tokenized IPO subscription services for SpaceX. Bybit thus becomes one of the world’s first centralized exchanges to provide tokenized IPO subscriptions at the primary-market IPO offering-price stage, further expanding on-chain equity asset trading use cases.

ZODL proposes launching a new privacy pool, Ironwood, scheduled to activate and enhance Zcash security by the end of July 2026.

Zcash ecosystem core contributor ZODL announced a new network upgrade proposal and privacy pool, Ironwood, in collaboration with Tachyon, Valar Group, the Zcash Foundation, and Shielded Labs. Ironwood will be built upon the existing Orchard protocol and further enhance security through formal verification and additional independent audits.

DRW, Wintermute, and IMC Form Prediction Market Trading Teams, Deploying on Polymarket and Kalshi

as prediction market trading volume grows, institutional capital is entering this sector. Quantitative trading firms such as DRW, Wintermute, and IMC are forming dedicated prediction market trading teams, recently posting relevant job openings to focus on platforms like Polymarket and Kalshi. These teams aim to capture pricing deviation profits through cross-platform arbitrage, market microstructure arbitrage, and news-driven trading strategies. Industry insiders believe that as the prediction market expands and on-chain trading platforms like Hyperliquid plan to launch prediction market products, a competition centered on latency, liquidity, and cross-platform efficiency has already begun. (CoinDesk)

Starknet v0.14.3 will launch on Mainnet this month, supporting features such as dynamic L2 gas adjustment.

The new version will support dynamic L2 gas base fee adjustments based on STRK, improve block generation speed, reduce the target L2 gas consumption per block while keeping the maximum block size unchanged, and deprecate RPC 0.8.

Gate Contract Stock Zone Launches VOLX (Volatility Index) Perpetual Contract Trading

Odaily reports: According to official sources, Gate's Contract Stock Zone has launched VOLX (Volatility Index) perpetual contract trading (USDT-settled) for the first time at 14:00 (UTC+8) on June 6, supporting leverage of 1-20x.

Polymarket: "Zcash will hit $100 in 2026" probability rises to 53%, up 36% in 24H

Odaily Seer Prophet Channel monitoring shows that the probability of "Zcash will hit $100 in 2026" on Polymarket has risen to 53%, a 24-hour increase of 36%.Market rules: If between 17:35 on November 24, 2025, and 23:59 on December 31, 2026 (Eastern Time), the lowest price (Low) of any 1-minute candlestick of the Binance ZEC/USDT trading pair reaches or falls below the price stated in the title, this market will immediately settle as "Yes"; otherwise, it will settle as "No." Settlement is based solely on the 1-minute candlestick data of the Binance ZEC/USDT trading pair; prices from other exchanges or trading pairs will not be considered.In previous news, the privacy coin Zcash disclosed and fixed a critical security vulnerability that could have been exploited by malicious miners to transfer over 25,000 ZEC (approximately $6.5 million) from the deprecated Sprout privacy pool. Officials stated that the vulnerability had existed since July 2020 but was not actually exploited, and user funds remained safe at all times. The development team has released version v6.12.0 to complete the fix, and major mining pools have already upgraded their deployments.Odaily Seer Prophet Channel continues to monitor prediction markets, seeing changes before pricing.

Dragonfly Partner: Zcash Vulnerability Incident Overhyped by Market, Majority of Holders Unaffected

Haseeb, Managing Partner at Dragonfly, has addressed the recently patched Zcash vulnerability, stating that there are many misconceptions in the market regarding the incident. He pointed out that even if the vulnerability had been exploited before the fix, an attacker could only profit by forging ZEC within the shielded pool. For these tokens to enter mainstream trading platforms, they would first need to be converted from shielded addresses to transparent addresses. Since the supply of ZEC in transparent addresses is publicly verifiable, any abnormal transfers exceeding the maximum supply would be detected and blocked. Therefore, the vast majority of investors and exchange users holding transparent ZEC would not be affected.Haseeb stated that the Zcash team plans to introduce a new “Turnstile” mechanism and a new shielded pool in future upgrades to verify that the current shielded pool does not suffer from inflation issues. He also noted that formally verified cryptographic systems can reduce implementation errors at the design level. Finally, Haseeb disclosed that Dragonfly still holds ZEC, and he is personally an investor in ZODL.

Bitdeer maintains zero Bitcoin holdings, selling 205.3 BTC this week

: Nasdaq-listed Bitcoin mining company Bitdeer released its latest Bitcoin holdings data on X platform. For the week ending June 5, its Bitcoin mining output was 205.3 BTC, and it sold 205.3 BTC during the same period, resulting in a net increase of 0 BTC. It currently maintains zero Bitcoin holdings.

“新股神”Serenity 回应遭他人搬运小红书获利:所有内容免费发布,衍生创作应有增值

“新股神”Serenity在 X 平台发文回应其发布的内容遭他人搬运到小红书获利,表示此举令人受宠若惊,因为目前市场围绕其发帖已经建立起了一个完整的微型经济圈,包括追踪其做多股票的网站、Github 项目、新闻媒体、用 AI 直接搬运内容的网红、迷因币/土狗币、帖子倒卖者。 Serenity 强调,自己所有内容都是免费发布,之后衍生出的任何东西都是公开信息,如果有人打算收费,希望他们至少能在原有基础上提供一些额外的价值。据悉,Serenity 此前已公开表示自己只使用 X 平台,并提醒社区谨防冒充者。

Apyx temporarily withdraws most protocol liquidity, citing inability to trade STRC over the weekend

the dividend-backed stablecoin protocol Apyx announced it has temporarily withdrawn most of the protocol's own liquidity during the U.S. stock market closure to protect existing users and ensure fair treatment for all holders.Apyx stated that since STRC cannot be traded over the weekend, the protocol is unable to actively manage exposure or trade the underlying assets. Maintaining normal liquidity could cause a significant deviation between the secondary market price and the net asset value (NAV) of the underlying collateral, potentially benefiting or harming some users.Apyx said it plans to restore liquidity and resume normal market operations before the U.S. stock market reopens on June 8.

The liquidation prices for leveraged whales on two chains have been updated to $1,555 and $1,458

According to on-chain analyst Ai Yi monitoring, the liquidation was triggered after the ETH price fell below $1,565. Address 0x34d…c4ac1 has been liquidated for 15,131 ETH, which was converted into $22.6 million to repay the loan. The latest liquidation prices for the two addresses are now updated as follows:Address 0xc3f…931e4 borrowed 58,031.84 ETH, with a liquidation price of $1,555.04;Address 0x34d…c4ac1 borrowed 31,537.26 ETH, with a liquidation price of $1,458.02.

Kraken Launches IPO Access Application Portal for SpaceX

According to an official announcement, Kraken has listed the SpaceX-related security SPCXx via xStocks and opened the IPO Access subscription portal within the Kraken App. Users can view the price range, review relevant details, and submit subscription indications before the subscription window closes.

Bitcoin ETFs saw a 7-day net outflow of $1.41 billion, while Ethereum ETFs recorded a single-day net inflow of $16.04 million

Lookonchain posted on platform X, stating that as of the update on June 5, Bitcoin ETFs recorded a single-day net outflow of 196 BTC, worth $11.89 million, and a 7-day net outflow of 23,135 BTC, worth $1.41 billion; Ethereum ETFs recorded a single-day net inflow of 10,082 ETH, worth $16.04 million, and a 7-day net outflow of 117,037 ETH, worth $186.21 million.