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Coinbase Adds Support for ETH-INR and SOL-INR Pairs in India

According to an official announcement, Coinbase has added support for the ETH-INR and SOL-INR trading pairs for Indian users. These trading pairs will initially launch on Coinbase Exchange and will be progressively rolled out to Coinbase.com, the Coinbase App, and Coinbase Advanced.

Bitwise CIO: Institutions Have Shifted Toward Supporting Cryptocurrencies, Tokenization, and Stablecoins

Matt Hougan, Chief Investment Officer at Bitwise, stated that institutions—like large oil tankers—have now reoriented themselves to support cryptocurrencies, tokenization, and stablecoins. He believes this trend will not slow down, regardless of price performance.

Trust Wallet Teams Up with BNB Chain and CoinMarketCap to Launch AI Trading Agent Hackathon, with a Total Prize Pool of $36,000

: According to an official announcement, on June 3, Trust Wallet announced a partnership with BNB Chain and CoinMarketCap to officially launch the "BNB Hack: AI Trading Agents" hackathon, featuring a total prize pool of $36,000. The Trust Wallet Agent Kit serves as the core on-chain execution technology stack for this event. This hackathon also marks the first time the Trust Wallet Agent Kit has been fully integrated as a core infrastructure component into a top-tier AI Agent hackathon system.The hackathon features two main tracks: "Autonomous Trading Agents" (prize pool $24,000, 5 winners) and "Strategy Skills" (prize pool $6,000, 3 winners), in addition to three partner special awards of $2,000 each. In the "Autonomous Trading Agents" track, participants must leverage the Trust Wallet Agent Kit to achieve local self-custodial signing, autonomous mode operation, and on-chain trade execution, deployed within native BNB Chain scenarios such as PancakeSwap and BSC Perpetual Contracts. The "Strategy Skills" track does not require an execution layer; participants build backtestable strategy proposals based on 12 categories of data tools from CoinMarketCap MCP, including market data, technical indicators, on-chain data, sentiment, and news.Track one uses real PnL as the core evaluation criterion, setting a maximum drawdown limit as the risk control threshold. Track two is comprehensively scored by a judging panel across four dimensions: technical execution, originality, real-world value, and presentation. The build window runs from June 3 to June 21, the trading window from June 22 to June 28, and winners will be announced during the week of July 6. In addition to cash prizes, winning teams will receive CoinMarketCap Pro API subscription credits, mentorship from CMC Labs, and the BNB Chain Kickstart ecosystem support package.

Iranian media reports that the draft management plan for the Strait of Hormuz has entered the review stage

According to reports from Iran's Mehr News Agency on the 3rd, the draft regarding the management of the Strait of Hormuz has entered the review stage of Iran's Supreme National Security Council. After the final opinion is formed, it will be submitted to the full session of the parliament for review and voting.The report stated that the formulation of this draft has been ongoing for some time. Several specialized committees of the Iranian parliament have participated in the research and论证 related to this draft, including the National Security and Foreign Policy Committee, the Construction Committee, and the Internal Affairs Committee. The report noted that the aforementioned committees and some lawmakers had previously proposed different versions of suggestions and plans for the draft. After coordination and integration, a unified text has been formed. (Xinhua News Agency)

Tether and Fasset Launch First Gold-Backed Visa Card

According to an official announcement, Tether has partnered with digital banking and investment platform Fasset to launch the world’s first gold-backed Visa card.

Grayscale HYPE ETP Launches Today, Ticker HYPG

Grayscale Chairman Barry Silbert posted on platform X, announcing that the Grayscale HYPE ETP launches today under the ticker HYPG.

BNB Chain Launches BNB Hack AI Trading Agent Season with $36K Prize Pool

BNB Chain announced on X platform that it has launched the BNB Hack: AI Trading Agent Season. The event is built on the BNB Chain, CoinMarketCap, and TrustWallet tech stack, supporting AI in automatically formulating strategies and executing trades. The competition features 2 tracks, running from June 3rd to 21st, with a total prize pool of $36,000. Additional API credits, one-on-one mentorship from experts, and ecological resource support will also be provided.

SLX Launches on Bitget PoolX: Stake BTC and ETH to Unlock 1 Million SLX Tokens

Bitget PoolX has launched the Solstice (SLX) project, offering users the opportunity to unlock 1,000,000 SLX tokens by staking BTC and ETH. The BTC staking pool is allocated 600,000 SLX, with a per-user staking cap of 50 BTC; the ETH staking pool is allocated 400,000 SLX, with a per-user staking cap of 1,500 ETH. The staking window is open from June 3 at 20:00 to June 11 at 20:00 (UTC+8).

Variant Raises $222M New Fund, Betting on the AI and Crypto “Autonomous Economy” Era

According to Fortune, Variant, a venture capital firm focused on crypto, has closed its fourth fund, Variant 4, with $222 million in commitments. The fund will primarily invest in earliest-stage companies and support their growth.

Kraken to Open U.S. IPO Offering Price Subscription to Global Retail Investors via xStocks

According to The Block, Payward—the parent company of Kraken—announced that it will open up access to IPO offering-price subscriptions for U.S. publicly traded companies to Kraken users and select partner platform users via the xStocks framework in the coming weeks. Users may submit non-binding subscription indications prior to listing; Payward will aggregate demand and coordinate with underwriting syndicates to allocate tokenized shares at the offering price on the listing day. These stock tokens are fully backed 1:1 by the underlying equities held in custody by regulated entities and are tradable across blockchains including Ethereum, Solana, and TON. Payward stated that it plans to expand into additional markets and onboard more partners to the xStocks Alliance in the future.

Kraken to Open US Stock IPO Subscription to Global Retail Investors via xStocks

xStocks, a framework under Kraken parent company Payward, will launch services allowing users on Kraken and partner platforms to participate in US stock IPOs at the offering price. Users will receive on-chain tokenized shares with a 1:1 correspondence to the underlying stock, which will be held by regulated custodians.Users can submit non-binding subscription intentions via partner platforms weeks before the IPO. Payward aggregates demand, coordinates with the underwriting syndicate for share allocation, and completes pricing, allocation, and token issuance on the listing date. xStocks tokens will be tradable across multiple blockchains including Ethereum, Solana, and TON, and can be integrated with DeFi protocols. (The Block)

Trezor Safe 7’s Chip Has a Hardware Vulnerability, Team Says User Funds Are Safe

Ledger's Donjon security research team successfully bypassed the firmware verification system of the TROPIC01 chip inside the Trezor Safe 7 using laser attacks in a laboratory setting. Chip manufacturer Tropic Square subsequently discovered another attack path affecting the chip's MAC-and-Destroy security mechanism. This vulnerability currently impacts all TROPIC01 chips in production within the field. Trezor stated that the TROPIC01 chip is one of three independent security layers within the Trezor Safe 7, and user funds, wallet backups, and private keys are not stored on it.The chip's hardware encryption storage mechanism completely withstood Ledger's extraction attempts during initial testing. Tropic Square has delayed the release of technical details regarding the vulnerability until the launch of a reinforced silicon version of the TROPIC01 chip later in 2026, with full details expected to be disclosed in the spring of 2027.A firmware mitigation is currently available by disabling the chip's MAINTENANCE mode. Trezor CEO Matej Zak stated that PINs, wallet backups, and user fund keys have never been stored on a single chip. (The Block)

Revolut plans to launch U.S. banking services in 2026, supporting stablecoin and crypto trading

According to CoinDesk, Revolut plans to launch its U.S. banking services in 2026, offering FDIC-insured accounts, stablecoin services, multi-currency deposits, and cryptocurrency trading.

Payment giants Stripe, Visa, Mastercard, and others plan to support the upcoming new stablecoin platform

Global payment networks Stripe, Visa, and Mastercard are close to launching a new stablecoin platform.According to sources familiar with the matter, U.S. cryptocurrency exchange Coinbase is also exploring the possibility of participating in this stablecoin platform. Meanwhile, Binance, Coinbase, Stripe, and Visa have all declined to comment, and Mastercard did not respond to requests for comment before publication. Additionally, the revenue-sharing agreement between Coinbase and Circle Internet is set to expire and be renewed in August of this year, with the current market cap of USDC reaching $76 billion. (CoinDesk)

Zcash Foundation Releases Zebra 4.5.3 and 5.0.0 to Address Critical Orchard Vulnerability via Emergency Soft Fork and NU 6.2

The Zcash Foundation released Zebra versions 4.5.3 and 5.0.0 to address a critical soundness vulnerability in the Orchard zero-knowledge proof circuit. Version 4.5.3 temporarily disables Orchard operations via an emergency soft fork, while version 5.0.0 activates NU 6.2, re-enables Orchard using the patched circuit, and permanently closes the vulnerability.

UK regulator warns football clubs over unauthorized crypto sponsorship deals

Odaily Planet Daily reports that the UK's Financial Conduct Authority (FCA) has sent letters to football clubs, including those in the Premier League, warning that sponsorship deals with unauthorized crypto firms and trading platforms may violate financial services laws and pose risks to fans. Fiona Mackinnon-Miller, Head of Department at the FCA, stated that there has been an increase in clubs partnering with unauthorized firms, some of which appear to be operating illegally.Lucy Castledine, Director of Consumer Investments at the FCA, pointed out that these firms may be breaking UK law by offering services without the proper licenses. Sports Minister Stephanie Peacock voiced support for the FCA's actions. Additionally, the FCA stated that it is coordinating with the government, the Premier League, and the new independent football regulator to address unauthorized financial services marketing in professional football. (decrypt)

Aethir launches its self-developed open-source LLM API platform, Aethir Mesh; top-tier models including DeepSeek V4 and Kimi K2.6 run inference end-to-end on Aethir GPUs.

According to official announcements, Aethir—a decentralized GPU cloud computing infrastructure platform—has officially launched Aethir Mesh, an in-house open-source large language model (LLM) API platform built atop Aethir’s decentralized GPU infrastructure. The platform is now live and offers a unified API endpoint for direct access to leading open-source models, including DeepSeek V4, Kimi K2.6, GLM-5.1, MiniMax-M2.5, and Qwen3.6-27B.

Bybit Alpha has launched three trading pairs.

Bybit Alpha has launched $three trading. Data shows that $three’s market cap on Solana has surpassed $3 million, with a current price of $0.0031.

Binance NFT Service Upgraded to Binance Wallet; Users Must Withdraw Assets Within One Month

Binance has announced an upgrade of its NFT services to Binance Wallet. Starting June 3, 2026, users holding transferable NFTs will have a one-month window to withdraw their NFTs to Binance Wallet or another compatible wallet. After the upgrade is complete, Binance’s centralized exchange platform will discontinue support for its existing NFT services on July 3, 2026; any transferable NFTs not withdrawn by then will become inaccessible. Non-transferable NFTs—by design—cannot be withdrawn and will likewise become inaccessible after July 3. To support this migration, Binance is also launching a fee reimbursement campaign for withdrawals of both non-CR7 NFTs and CR7 NFTs.

QCP: BTC fell ~11.6% weekly; demand for downside protection in options market increased

QCP released its latest market commentary, noting that BTC has recently faced downward pressure, posting a weekly decline of approximately 11.6% and failing to reclaim key momentum levels. The report highlighted that Strategy sold 32 BTC in late May to pay preferred stock dividends—an action of limited scale but one that weakened its market narrative as a structural BTC buyer.