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Wu Says reports that the Maryland Digital Assets and Blockchain Technology Workgroup will hold a working meeting during the Maryland Blockchain Career & Innovation Week, which takes place from July 13 to 17. The workgroup was established under House Bill 470, signed by Governor Wes Moore, and is responsible for researching blockchain and cryptocurrency use cases, assessing risks and benefits, and comparing regulatory frameworks of other states. The meeting will discuss the work priorities for 2026–2027, as well as a policy recommendation report expected to be submitted to the governor and the state legislature by October 2027.

CryptoWorld Net reports that Egypt’s Prime Minister said that, due to the Iran war, the tourism industry is expected to be affected from the second quarter to the third quarter.

CryptoWorld News: German government spokesperson: From the recent attack incidents over the past few days, it is evident that Russia has every reason to consider resolving this conflict through political means.

CryptoWorld News reports that, according to PeckShield monitoring, the Mainstreet Finance-related token MSUSD once dropped by 85%. Additionally, AlphaUSDC Delta V2 (curated by Alphaping) has approximately 30% of its assets (about $18 million) exposed to the MSY/USDC market, and currently, the funding utilization rate in this Morpho market has reached 100%.

Wu Says He Learned From THORChain’s Official Event Update That the Network Recovery Has Entered Its Final Stage. It Is Currently Verifying the Integrity of Each Node’s Key Shard Using the KeyVerify Protocol to Confirm the Security of All Vaults. After the Verification Is Successful, the Churn Step Will Be Initiated to Migrate All Funds to the New Vaults, Expected to Take Several Hours to Several Days. Once the Churn Is Completed, the Network Will Gradually Resume Secured and Trade Asset Support, LP Operations, and Final Trading Functions. Previously, on May 15, THORChain Was Attacked. The Official Reported That a Malicious Node Newly Entering the Network Exploited a Vulnerability Using GG20 TSS, Leading to About $10.7 Million Being Stolen From a Single Vault.

CryptoWorld News reports that Wu has learned that Franklin Templeton has submitted two ETF applications to the U.S. Securities and Exchange Commission (SEC), namely the Franklin US Equity Bitcoin Drip Index ETF and the Franklin US Innovation Bitcoin Drip Index ETF. The related products plan to reinvest stock dividends into Bitcoin, with the earliest expected effective date of September 1, 2026. Both ETFs will track the VettaFi U.S. Large Cap and Innovation Bitcoin Drip Indexes, with an initial allocation of 95% U.S. stocks and 5% Bitcoin. During quarterly rebalancing, if Bitcoin's proportion exceeds 5%, it will be adjusted back to 4.5%, with a maximum of no more than 20%.

CryptoWorld news reports that VanEck said that as Bitcoin mining companies pursue AI revenue, investors are shifting their focus from contract announcements to execution risk—this transition faces a real-world test of $50,000,000,000.

Trump family crypto firm World Liberty Financial to fund UFC fighter bonuses at White House event today.

CryptoWorld news reports that Coin Bureau stated that yesterday the Bitcoin ETF first achieved a net inflow of $85 million, attracting approximately $85.9 million in funds. BlackRock’s IBIT ETF stood out in this inflow, attracting $58 million in funds.

The Japanese House of Representatives has passed a bill to transfer cryptocurrency regulation from the Payment Services Act to the Financial Instruments and Exchange Act, as it has become a mainstream investment asset.
Data from the Financial Services Agency shows Japan has over 14 million crypto accounts, with 70% held by retail users earning less than 7 million yen annually.
The new regulation will take effect next year, classifying crypto assets as financial instruments, applying lower tax rates and stricter trading rules, and paving the way for new products like ETFs, while also implementing insider trading bans similar to those in the stock market.

$BTC Better watch this weekly close …After testing the 200 EMA on the weekly timeframe, price saw a small bounce and is currently trading slightly above it.

Today’s weekly close will be important, as it will determine whether we close above or below this key level.

A close above would certainly increase the confidence of many bulls that a bounce is possible and would likely lead to additional buying pressure.

A close below, on the other hand, could accelerate selling and potentially trigger a move toward the aVWAP anchored to the previous bear market bottom, and is currently sitting around 55k.

BlockBeats News, June 3rd, according to OnchainLens monitoring, as the market declines, "BTC OG insider whale" agent Garrett Jin's holdings of 1,268 BTC and 5x leveraged long positions are currently showing an unrealized loss of over 11.5 million USD.

BlockBeats News, June 3rd, according to Coinglass data, over the past 24 hours, the entire network experienced liquidations of $1.25B, including $1.13B in long positions and $123 million in short positions.