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Crypto news flash: America’s Car-Mart, a major U.S. auto retailer, announced that it closed 60 stores over the past year. The number of outlets fell from 154 to 94, a decrease of 40%. In its Q4 and full-year financial results for fiscal year 2026, the company reported revenue of $1.28B, down 7.9% year over year. At the same time, net loss reached $139.11 million, a sharp decline from a net profit of $17.93 million in the same period last year. The company’s CEO, Doug Campbell, said that, amid liquidity constraints and financing difficulties, the company is implementing a multi-stage plan to optimize store layout and cost structure.

Coin World News: Zcash has launched a new Zakura client, aiming to increase transaction processing capacity to 50,000 transactions per second to achieve Visa-level privacy payment scale.

BiuJie.com news: Looki (Guangzhi Shikong) has completed a several-hundred-million yuan A1 round of financing, led by Yuansheng Capital, with bai Capital, Zhongding Capital, and Alpha Society continuing to add investment. The funds will be used for multimodal model R&D, building a product matrix, and expanding the team. Looki is upgrading wearable devices from recording tools to an active personal AI; its PIE 2.0 engine will combine real-world scenarios, long-term memory, and personal preferences to predict the information and services users will need next. The company expects to ship about 100,000 units of the Looki L1 over its full lifecycle. In the future, it will also launch more hardware form factors to build a personal intelligent entry point.

Wu Says learned that a theoretical article in the People’s Procuratorate Daily pointed out that China’s crackdown on crimes of money laundering using virtual currencies still faces issues such as criminal act characterization, evidence collection, and recovering and mitigating seized proceeds. It also suggested establishing adaptable standards for verifying and reviewing electronic evidence, building a tiered proof standard and rules for reasonable presumptions, and exploring the authorization and standardized application of technical investigative measures. At the same time, it called for issuing national-level procedures for disposing of assets involved in cases involving virtual currencies, unifying operational standards for seizure, custody, valuation, and liquidation, building a national-level custody and disposal platform for virtual currencies involved in cases, and handling disposal through compliant channels such as targeted auctions or agreement-based transfers.

JiJie.com news: A whale locked in a $770k profit from a $30 million bet on Korean SK Hynix, but then immediately returned all the gains and switched to investing in Hynix shares listed in the United States. Even so, the trader was not discouraged and has already opened a $20 million long position on NVIDIA, continuing to bet on artificial intelligence.

According to on-chain analyst “Ai Yi” monitoring, on Hyperliquid, two SK Heilaisi-related assets, SKHX and SKHY, had trading volumes of $698 million and $317 million, respectively, over the past 24 hours, totaling $1.015 billion—surpassing ETH and becoming the second-highest asset category by trading volume on the platform. Their open interest sizes were $494 million and $117 million, respectively. Currently, SKHY still carries nearly a 17% premium compared with SKHX.

According to a report by TechCrunch, Sequoia partner David Cahn analyzed and said that global AI infrastructure investment will reach $1.5 trillion in 2026, and the industry will need to achieve $3 trillion in revenue to break even. Currently, Anthropic’s annualized revenue is $60 billion, and OpenAI is expected to have revenue of about $13 billion in 2025.

ETF analyst Eric Balchunas said that new actively managed prediction market ETF filings have emerged in the market, including a sports prediction market ETF. According to the filing, the ETF investment manager will simultaneously make about 30 to 50 trades in different prediction markets; one of the products will bet on events such as economic data, politics, and weather, while the other focuses on sports events.

CoinJie Network news: Base has announced the activation of its B20 token standard on the mainnet, allowing developers to issue native stablecoins, tokenized real-world assets, and other fungible tokens without deploying custom ERC-20 smart contracts. According to Base documentation, the B20 standard officially went live at 18:00 UTC on June 8 following the coordinated upgrade, and developers can begin creating tokens under the protocol-level framework. The B20 standard is compatible with the ERC-20 specification and supports the ERC-2612 permit feature, ensuring that existing wallets, exchanges, and indexers can continue to be used without modification. The standard also includes built-in issuer control functions, covering minting, burning, pausing, transfer restrictions, supply limits, and transaction memos.

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CoinWorld news: According to Vietnam’s *Youth Newspaper*, the Investigative Security Bureau (a09) of Vietnam’s Ministry of Public Security, in a case involving alleged misappropriation of property on the ONUS cryptocurrency exchange, seized more than 350 kilograms of gold and silver, froze transactions involving 8 properties, and froze more than 300 bank accounts. The amount involved is 2000 billion Vietnamese dong. The police filed criminal proceedings against 8 defendants on March 23, charging them with using computer networks to commit property embezzlement and money laundering. From 2018 to 2021, the persons involved collectively sold cryptocurrencies worth more than 7 trillion Vietnamese dong. They have opened approximately 5 million user accounts. The police have received more than 2000 reports and are currently investigating whether social media influencers were involved in promoting the scheme.

CoinWorld News: The European Union's crypto market officially entered a new era on Wednesday, as the Markets in Crypto-Assets Regulation (MICA) fully came into effect, requiring crypto companies operating in 27 countries to hold licenses or cease operations. Thousands of crypto services are at risk; as of midnight on June 30, the law requires them to stop serving EU customers, causing millions of European users to seek MICA-approved platforms. While executives and lawyers welcome the EU's single regulatory framework, there is disagreement over whether MICA has created a fair market. Some believe that compliance costs make it difficult for small companies to operate in the region, forcing them to seek opportunities elsewhere, including Dubai. Others argue that these rules do benefit crypto companies that invest in transparency.

Coinjie.com news: Abraxas Capital’s main address reduced its ETH short position by 1,037.70 ETH, worth approximately $1,649,233.49. The address’s position size is $5,669,967.79, with an average price of $2,196.53, and its current profit/loss is +$2,214,979.20 (+390.65%). The current coin price is $1,579.50, and the liquidation price is $4,237.14. The address has been building its position since May; it was once a whale with the largest contract capital on HyperLiquid. Starting in November, it has continued taking profits, and the position size once reached $920 million.

CoinWorld News, RWA tokenization platform Securitize announced that the final redemption rate of its merger with Cantor Fitzgerald's SPAC company Cantor Equity Partners II (CEPT) is less than 30%. It is expected that approximately $400 million will be raised after the transaction is completed (including PIPE financing, excluding transaction fees). The transaction still requires approval from CEPT shareholders on June 29, and is expected to close on July 1. The combined company will be renamed Securitize Corp. and plans to list on the New York Stock Exchange under the ticker SECZ on July 2.

According to CoinJie.com news, Wu Says learned that Zabi, co-founder of the SUI-based DEX Bluefin, tweeted that Bluewater has acquired Suilend, and Zabi will serve as Suilend CEO. He said that over the coming months, they plan to advance work related to institutional capital, RWA integration, liquidity, and retail lending products within the SUI ecosystem, and noted that several institutional collaborations are already underway. Suilend will continue to operate as an independent platform, retaining its own brand, community, and product direction. Bluefin will also continue to operate independently, and the two will not merge into a single product.

CoinWorld News, the Bitcoin mining company American Bitcoin Corp ($ABTC) backed by the Trump family, has had its board approve a 1:15 reverse stock split, following shareholder approval. The company expects to implement this reverse stock split as soon as possible.

CryptoWorld News reports that, according to Lookonchain data, the number of active addresses on the Tron blockchain reached 3.93 million in the past 24 hours, ranking first among all blockchains.

CoinWorld News reports that traders who have been shorting at high levels have recently reduced their NEAR short positions by 321,848 tokens, approximately $726,487.93. The current position size is $2,256,125.73, with an average price of $2.07, and a current profit and loss of +$77,236.17 (+34.23%). The current token price is $2.01, and the liquidation price is $22.63. This address was previously the largest short position in the ZEC crypto market, and recently has preferred to establish short positions at high levels in the US stock market, with a half-year profit exceeding $48 million.