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According to PANews, the biometric initiative World, co-founded by OpenAI CEO Sam Altman, is set to commence operations in London on June 12. The project aims to expand to other major UK cities, including Manchester, Birmingham, Cardiff, Belfast, and Glasgow in the coming months. The initiative seeks to use its Orb device to verify human identity and prevent fraudulent misuse of AI systems, such as deepfakes.

According to PANews, a revised amendment to the U.S. digital asset market structure legislation, known as the CLARITY Act, has been released. Reported by crypto journalist Eleanor Terrett, this updated version includes recent amendments and new content. The text will serve as the basis for review by Republican members of the U.S. House Financial Services Committee this Tuesday.

According to Odaily, Kraken's Chief Security Officer, Nick Percoco, has issued a warning about frequent security lapses at cryptocurrency industry conferences, highlighting the risks associated with using public Wi-Fi. In response, SlowMist founder Yu Jian expressed skepticism on the X platform, questioning the actual dangers of public Wi-Fi and the feasibility of executing successful cryptocurrency thefts through such networks. Yu Jian requested concrete examples, emphasizing his extensive experience in hacking within this field and urging against hypothetical scenarios.

According to Odaily, Casa co-founder Jameson Lopp has responded to claims made by Grok regarding Bitcoin's block size. Grok stated that Bitcoin's block size is approximately 664 GB, with an annual growth of about 72 GB, and suggested that removing OP_RETURN restrictions could increase block size by around 20%. Lopp, addressing these assertions on the X platform, criticized the reliance on artificial intelligence for explaining Bitcoin's technical details, calling the answer misleading. He clarified that block size data based on OP_RETURN is significantly smaller than that based on witness information records.

On Jun 08, 2025, 15:08 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 106,000 USDT benchmark and is now trading at 106,016.859375 USDT, with a narrowed 0.51% increase in 24 hours.

According to TechFlow, recent data from Coinglass reveals that the cryptocurrency market has seen substantial liquidations over the past 24 hours, totaling $91.45 million. Both long and short positions experienced liquidations amounting to $50.01 million each. Ethereum (ETH) faced liquidations worth $27.49 million, while Bitcoin (BTC) saw $12.94 million in liquidations. Additionally, ANIME recorded liquidations of $5.89 million. During this period, a total of 46,385 traders were liquidated, with the largest single liquidation occurring in the ETH-USDT trading pair on a centralized exchange (CEX), valued at $1.42 million.

According to Odaily, Hong Kong's stablecoin regulations stipulate that only designated licensed entities are permitted to sell fiat-backed stablecoins within the region. These stablecoins must be issued by licensed issuers to be available for retail investors. Additionally, there is a provision for 'active promotion,' which requires entities to obtain a license if they actively advertise their involvement in regulated stablecoin activities, whether in Hong Kong or elsewhere, even if they are not directly engaged in such activities.

According to BlockBeats, Nick Tomaino, founder of 1confirmation, shared on the X platform that Polymarket stands out as the first mainstream consumer crypto product not reliant on token speculation. He anticipates the emergence of more similar products, noting that the infrastructure and user experience are ready. Tomaino emphasized the need for visionary founders confident in their abilities, regardless of public opinion. The collaboration between X and Polymarket marks a significant achievement for the cryptocurrency sector. Tomaino highlighted the crucial role of USDC on Ethereum in Polymarket's success, suggesting that without it, Polymarket's achievements would not have been possible.

According to Odaily, Vitalik Buterin recently shared his experiences with artificial intelligence on the X platform. He noted that AI has been minimally helpful in areas where he is an expert. However, in fields where he is a novice, AI has proven to be quite beneficial. He cited recent examples such as developing native Android applications and understanding Linux's internal structures.

According to BlockBeats, Airwallex co-founder and CEO Jack Zhang recently expressed skepticism about the practical applications of stablecoins. Zhang raised concerns on the X platform regarding the effectiveness of stablecoins in reducing foreign exchange costs. He questioned the process of converting money from U.S. dollars to euros, noting that the recipient still needs to receive euros in their bank account. Zhang argued that the conversion costs from stablecoins to the recipient's currency are significantly higher than those in the interbank foreign exchange market. Zhang further commented on the broader field of cryptocurrency, suggesting that it remains an area that has not been fully understood. He pointed out that over the past 15 years, there have been no significant application cases for cryptocurrency technology.

According to PANews, the Bitcoin Core Project recently released a statement regarding its development and transaction relay strategy, advocating for a non-interference approach to the Bitcoin network. This move has stirred significant discontent within the Bitcoin community, with concerns about potential division. Samson Mow, CEO of JAN3, criticized the gradual changes made by Bitcoin Core developers, suggesting that the current situation is problematic. He argued that the notion of accepting the status quo is inappropriate. Jameson Lopp, founder of Casa, commented on the Bitcoin Core developers as a collective, emphasizing that they cannot force anyone to run code they dislike. He likened this stance to a public relations effort, noting that without a unified message, the statement from independent developers lacks effective communication. Bitcoin developer Carl Horton highlighted that Bitcoin should be viewed as a "coin," not a "bucket," "store," or any generic data storage. He reiterated its purpose as a peer-to-peer electronic cash system. Luke Dashjr, a Bitcoin Core developer, criticized the transaction relay goals outlined in the statement, labeling them as fundamentally flawed. He argued that predicting which transactions will be mined is a centralized objective and warned that aiding spam propagation is detrimental.

According to Odaily, the U.S. Department of Justice has initiated a civil forfeiture lawsuit to seize $7.74 million in cryptocurrency allegedly laundered by North Korean IT workers. These individuals are accused of securing employment at U.S. and international companies through fraudulent means. The workers reportedly used false identities to gain positions at American cryptocurrency firms, receiving payment in stablecoins. The funds were then laundered through various methods before being transferred back to North Korea.

According to BlockBeats, data from Farside Investors indicates that U.S. Bitcoin spot ETFs saw a net outflow of $131.6 million this week. Among the ETFs, BlackRock's IBIT experienced a net inflow of $81.1 million. In contrast, Fidelity's FBTC faced a net outflow of $167.7 million, while ARKB recorded a net outflow of $24.5 million.

According to BlockBeats, data from DefiLlama indicates that the total market value of stablecoins globally has reached $250.3 billion, marking a 1.05% increase over the past week. However, the market share of USDT has experienced a slight decrease, now standing at 62.09% compared to the previous week.

According to CoinMarketCap data, the global cryptocurrency market cap now stands at $3.28T, down by 0.12% over the last 24 hours.Bitcoin (BTC) traded between $104,783 and $105,900 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $105,179, up by 0.23%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include GPS, RVN, and LPT, up by 22%, 15%, and 12%, respectively.Top stories of the day:Federal Reserve Likely to Maintain Interest Rates in JuneDubai's Real Estate Market Sees Record Growth Amid Tokenization TrendsBitcoin's Realized Market Cap Reaches New Record HighJapan's Untapped Preferred Stock Market Could Benefit from Bitcoin-backed ProductsHuma Finance After Binance Launchpool: How This PayFi Pioneer Is Reimagining Real-World Assets in DeFi House Committee to Examine Crypto Legislation and Risks Cryptocurrency Market Sentiment Shifts to Greed Upcoming U.S. Economic Data Releases to Impact Market Sentiment El Salvador Increases Bitcoin Holdings by Seven Coins European Central Bank Nears End of Rate Cuts, Says VujcicMarket movers:ETH: $2497.51 (+0.34%)XRP: $2.2019 (+1.09%)BNB: $647.47 (-0.01%)SOL: $148.04 (-2.75%)DOGE: $0.18107 (-2.31%)TRX: $0.2857 (+2.36%)ADA: $0.6529 (-1.95%)WBTC: $105127 (+0.24%)TRUMP: $10.21 (-1.83%)SUI: $3.1892 (-2.75%)

On Jun 08, 2025, 09:28 AM(UTC). According to Binance Market Data, Ethereum has dropped below 2,500 USDT and is now trading at 2,499.719971 USDT, with a narrowed narrowed 0.38% increase in 24 hours.

According to BlockBeats, Tether CEO Paolo Ardoino recently stated that the company has no plans to pursue an initial public offering (IPO). Addressing the market's valuation of $515 billion, Ardoino described this figure as "somewhat conservative."

Binance announced on X that Binance Alpha has distributed an additional airdrop of 164 fly.trade (FLY) tokens to eligible users who successfully claimed the initial airdrop that took place on June 6, 2025. In the initial airdrop, eligible users with at least 223 Binance Alpha points were able to claim an airdrop of 88 FLY tokens on the Alpha Events page.

On Jun 08, 2025, 08:46 AM(UTC). According to Binance Market Data, BNB has crossed the 650 USDT benchmark and is now trading at 650 USDT, with a narrowed 0.36% increase in 24 hours.

According to BlockBeats, the House Financial Services Committee, led by Maxine Waters, is set to hold a hearing at 9:00 AM Eastern Time to further investigate what they describe as U.S. President Donald Trump's 'crypto crimes' and assess the broader risks associated with the CLARITY Act. Key topics of discussion will include the "Preventing Trump from Engaging in Cryptocurrency Act" (HR 3573) and regulatory issues surrounding the CLARITY Act (HR 3633).