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CryptoWorld news: Ukraine’s military said that Ukrainian forces attacked Russia’s oil infrastructure in the Volgograd region.

CryptoWorld News reports that the Hong Kong Securities and Futures Commission has listed three websites related to exiovip as suspicious virtual asset trading platforms, one of which was reported by exio limited as a fraudulent website. The other two websites have no connection to exio limited. Additionally, the Hong Kong Securities and Futures Commission has included chenguanginvestment on the suspicious website list and clarified that this website has no association with capital international.

CryptoWorld News: HYPE long positions' unrealized profits have narrowed, currently approximately $22.85M (149.88%), with an average price of $38.68, the current coin price is $55.23, the liquidation price is $49.29, and the position size is $76,222,516.20. This address heavily went long before HYPE was listed on Robinhood and is now the largest HYPE long holder, having previously suffered significant unrealized losses.

Crypto World news, Wu says that according to CryptoRank data, the AI track in cryptocurrency has achieved five consecutive quarters of funding growth, increasing from $60 million in Q2 2025 to $600 million in Q2 2026, a tenfold increase in just one year. AI remains one of the fastest-growing sectors in the crypto space.

CryptoWorld News reports that, according to Iranian media on the 10th, the Headquarters of the Iranian Armed Forces—Hatem al-Anbiya—issued a statement saying that, in response to the U.S. military using the crash of its helicopter as a pretext for “aggression” against Iran’s southern regions, Iranian forces and the Islamic Revolutionary Guard Corps carried out “intense strikes” on U.S. military bases in the Middle East.

CryptoJie News reports that the U.S. House Committee on Ways and Means has recently introduced six digital asset tax bills to regulate staking rewards, mining income, small crypto payments, wash sale rules, and crypto donations. The new proposals are intended to simplify crypto taxation and reduce the burden on investors. Executives from Coinbase, Fidelity, and Coin Center will testify at the hearing on June 9. The bills will be reviewed at the key congressional hearing on June 9 to strengthen the United States’ position in the global competition for digital assets. Committee Chair Jason Smith emphasized that any durable crypto tax framework must receive bipartisan support. Industry groups, including the Crypto Innovation Council and the Digital Chamber of Commerce, have welcomed the move, calling it an important step toward regulatory transparency.

$VELODROME looks weak here.
The structure is fading, momentum is slowing, and buyers aren't showing much strength.
If this level fails to hold, lower targets could come into play quickly.
Bears are pressing. I'm watching for a breakdown that could send it significantly lower.

The Central Election Management Commission of South Korea reported Incheon mayoral candidate Yoo Jeong-bok to the police on June 1 for alleged violations of the Public Official Election Act, alleging that there were falsehoods in his property declaration. The commission also corrected that his spouse’s declared property is 519 million won, not 440 million, and that his family’s total property is approximately 1.922 billion won, not 1.845 billion.

BlockBeats News, June 2nd, Liquid Capital (formerly LD Capital) founder Yi Lihua stated, "Bitcoin's decline is smoother than expected, the biggest negative factor is the capital outflow from the stock market. In front of AI supported by unlimited imagination and fundamentals, narrative-driven cryptocurrencies have fallen from 'Little Sweetheart' to 'Mrs. Bull.'

In the coming months, it will be a period of crypto bottoming out and volatility, until the complete transfer of chips and most people exit. During this time, focus on learning/investing in AI and gradually bottoming out crypto strategies."

CryptoWorld News reports that Ripple has announced its $1.7 billion RLUSD stablecoin will expand to Turkey through three local crypto platforms: Bilira, Bitexen, and Bitlo. These companies will provide RLUSD to institutions for payments, collateral, and tokenization. Since its launch at the end of 2024, RLUSD's market capitalization has reached approximately $1.7 billion.

According to Arkham monitoring, the addresses related to the Bitwise BHYP product increased their holdings by approximately $20 million worth of HYPE in a single day. The funds related to this product bought approximately $41.8 million worth of HYPE last week, and the current total staked amount is about $55 million.