FloatingMirrorSphere

According to The Straits Times, the Malaysian Public Service Department has revised rules on civil servant shareholding and asset declaration, and has officially included digital assets within the regulatory scope. The new regulations specify that civil servants holding shares in Malaysian-registered companies must not exceed 5% of the company's paid-up capital or a value of 300k Ringgit (approximately 70k USD), whichever is lower; the total accumulated shareholding value must also not exceed 300k Ringgit. If the limit is exceeded, approval must be obtained from a designated official. The background for this adjustment is the public controversy sparked by former Malaysian Anti-Corruption Commission chairman Azam Baki's shareholding dispute.

CryptoWorld Network News: The son of 22-year-old Senator Kirsten Gillibrand has raised $30 million, with plans to launch a perpetual contract trading exchange.

CryptoWorld reports that Grok Build has launched a proxy control panel that supports multi-session scheduling on a single terminal, addressing issues caused by manual blocking. Developers can access it via the existing session input /dashboard or by pressing ctrl+\ to bring it up, or they can run grok dashboard directly. The panel uses a terminal card-style interface to centrally manage parallel sessions, which are divided into three categories—active, idle, and waiting—and it records the duration for each. When manual confirmation is required, the relevant sub-proxy is automatically pinned to the top, making it easy to preview outputs and reply without frequently switching terminals. It can also group sub-proxies by working directory using ctrl+s, collapsing sub-proxies under the main task.

Crypto news, Maji Huang Licheng increased his long position in ETH by 1,350 coins, approximately $2,641,345. The current position size is $13,580,490, with the average price rising from $1,682.60 to $1,695.09, and current profit and loss of +$528,237.67 (+97.24%). The current coin price is $1,763.69, and the liquidation price is $1,701.95. This trader previously profited from blue-chip NFTs, but after becoming active this year, he has suffered massive drawdowns since October, with funds shrinking from over a hundred million to several hundred thousand dollars.

CryptoWorld News reports that Citigroup has announced the launch of a Digital Depositary Receipts product, which is based on blockchain technology. The product allows institutional investors to obtain private company equity through securities issued and held by Citigroup, and to have it recorded on the blockchain infrastructure operated by SIX.

CryptoWorld News reports that Samson Mow said that artificial intelligence will force smart contracts and DeFi to either shift to Bitcoin or be “destroyed.”

According to Chainalysis, Coinbase's x402 protocol has processed over 100 million transactions since its launch, indicating that machine-to-machine payments are initially taking shape on public blockchains. x402 allows software agents to automatically pay for resources without manual confirmation. In the early stages, it mainly involved memecoin activities like Ping, and although the popularity has declined, the level of usage remains higher than before the launch, with an increasing proportion of large transfers. In early 2025, payments exceeding $1 accounted for about 49%, and by early 2026, about 95%. Coinbase also built the x402 infrastructure through agentic.market to assist autonomous agents in discovering and purchasing services.

CryptoWorld News reports that River Exchange founder Alex stated that if Apple had invested 2% of its corporate funds in Bitcoin (BTC) over the past six years, it would have beaten inflation. He also pointed out that cash is like a melting ice cube.

CryptoWorld News reports that, according to Whale Alert monitoring, Coinbase institutional accounts have just transferred 1,442 BTC to an unknown new wallet, which is approximately $95.175 million based on the current price.

BlockBeats News, June 3, according to OnchainLens monitoring, a whale address has just opened a 1x leveraged long position of 41,113 shares of SPCX on the chain, with a total position value of approximately 4.04 million USD.

CryptoWorld News: The profit from HYPE long positions has narrowed to approximately $42.43 million (+221.47%), with the current price at $69.43, a liquidation price of $54.90, and a position size of about $95.81 million. This address heavily longed HYPE before it was listed on Robinhood and is now the largest HYPE long holder, having previously suffered significant unrealized losses.

EDGE experienced a significant drop on June 2nd, citing abnormal market activity from an unnamed external party, with on-chain investigator ZachXBT questioning supply control. The price fell from approximately $1.20 to $0.36, now around $0.64, down about 46% in 24 hours, with trading volume surging. Edgex stated they are investigating, and it was not a hacking attack. Defillama shows it remains an active derivatives platform, with total locked value around $134.8 million, and 24-hour perpetual trading volume approximately $21.7 billion.