SucculentCross-Section

CryptoWorld reports that Axelar's AXL is still up 5% after a $4.7 million security incident, but the bridge accepting traffic with Secret Network was affected, and the core protocol was not damaged. About $4.67 million was stolen, affecting only assets bridged to Secret Network via the IBC bridge. The emergency committee has disabled the relevant connections and is contacting exchanges and law enforcement agencies. The incident is part of a series of crypto security events in June 2026, and Axelar will release a post-incident analysis report.

CoinWorld News, on the 19th, the International Atomic Energy Agency announced that under its mediation, Russia and Ukraine reached a partial ceasefire and began repairing the 750 kV main power transmission line supplying electricity to the nuclear power plant on the same day. The Zaporizhzhia Nuclear Power Plant is one of the largest nuclear power plants in Europe, controlled by Russia after the full escalation of the Ukraine crisis in February 2022. Since then, the plant has been repeatedly shelled and attacked by drones, raising international concerns about its safety.

CryptoWorld News reports that Cointelegraph has stated that OpenAI is acquiring Ona to expand its Codex secure cloud infrastructure, supporting long-running AI agents that can continue working even when laptops are turned off.

Senator Warren has written to the SEC Chair, urging a delay of the SpaceX IPO valued at up to $75 billion, citing investor protection and governance risks. She requests the SEC to assess the underwriters' responsibilities for investor protection and valuation transparency, and to be cautious of the impact of insiders holding up to 5% of shares and the lack of lock-up periods on public investors.

Renowned trader Eugene stated that he has essentially exited the crypto market and shifted to investing in U.S. stocks, believing that the current crypto market lacks attractive risk-reward opportunities. He also expressed a pessimistic view of Strategy and Michael Saylor, believing that the relevant pattern may be beginning to disintegrate. Given the strong correlation between Strategy and Bitcoin's price, he would not consider going long on Bitcoin and has no intention of bottom-fishing at the moment.

CryptoWorld News reports that, on the 6th local time, the Israel Defense Forces confirmed that two Israeli soldiers recently died while carrying out duties during a mission in southern Lebanon. The IDF said that on the night of the 4th, an Israeli captain was seriously injured in a Hezbollah drone attack and, after being taken to the hospital, died in the early morning of the 6th. Another incident occurred on the 5th: during a mission in southern Lebanon, an Israeli soldier was reportedly killed by what is believed to be an accidental firing of a weapon.

ON THIS DAY IN 2011: Hal Finney said every day $BTC survives without collapsing increases its chances of success and justifies a higher price.
At the time, Bitcoin was trading around $18.

CoinWorld News reports that the Mt. Gox wallet has once again attracted market attention with a transfer of approximately $7.39 million worth of Bitcoin.
This transfer involves 10,422 Bitcoins, occurring at Bitcoin block 952,072, at UTC 04:47.
The transfer took place before the current creditor repayment deadline (October 31, 2026), and although it drew market attention, there has been no confirmation of immediate repayment or sale.
On-chain data shows that these Bitcoins were not transferred to exchange deposit wallets but were moved from cold wallets to newly generated wallets.
After this transfer, Mt. Gox still holds approximately 34,504 Bitcoins, with an estimated remaining balance of $2.43 billion.

CryptoWorld News: Well-known trader Loracle has increased his long position in HYPE by 19,907.07 tokens within the HyperLiquid ecosystem, approximately worth $819,702.15.
The current position size is $8,143,088.65, with an average price adjusted from $70.73 to $71.11.
The current profit and loss is -$287,858.98.
The current token price is $68.68, and the liquidation price is $0.

Crypto World News reports that the clone air force leader "Multi-Currency Short Position Top 1" ZEC long position has been fully closed, with a position size of $1,040,098.55 before closing. This address is short on more than 20 tokens, with holdings of approximately $40 million, and total profits exceeding $91 million. Currently, the main positions are short on ZEC and TON.

CryptoSphere News reported that on June 1, the Public Relations Department of Iran’s Islamic Revolutionary Guard Corps issued a statement saying that after U.S. forces launched an “aggression” against a communications tower in Iran, the Islamic Revolutionary Guard Corps carried out strikes on the U.S. Air Force base that was the “source of the aggression,” and “destroyed the designated target.”

Awesome, see you in the finals then.