Huasheng Securities told clients that from June 15 (Beijing time), mainland China accounts will be blocked from opening new positions, making new purchases, or adding funds and securities to the platform. Existing users can still close current holdings and withdraw money, but cannot make fresh investments. The move follows the CSRC's May 22 action against Futu, Tiger Brokers, and Longbridge, including total penalties of 2.2 billion yuan ($324 million).

A wallet linked to Ethereum co-founder Joseph Lubin transferred 80,001 ETH valued at about $121.6 million on June 6 after more than three years of inactivity. The address still holds 243,300 ETH worth roughly $370 million, and there has been no on-chain sign the funds were sent to an exchange or sold. The move comes as ETH is down nearly 24% over the past seven days and traded around $1,539 at press time.

US spot Bitcoin ETFs posted $326 million of net outflows on June 5, leaving the group with $75.1 billion in assets under management. BlackRock's IBIT led the day's redemptions at $214 million, while professional investors cut Bitcoin ETF exposure by 17% in Q1 2026 and BTC traded around $61,343 at press time.

South Korean authorities have opened what is described as the country's first criminal case targeting local users of Polymarket, with police cyber units tracing transactions and seeking to identify bettors. The probe intensified around trading tied to the June 3 national election, as officials assess whether election-based prediction market activity constitutes illegal gambling and whether the site could be blocked.

Cardano's ADA slid below $0.16 to its lowest level since December 2020 as a broader market sell-off pushed crypto's total cap down nearly 4% to $2.14 trillion and dragged Bitcoin toward $61,000. The drop coincided with Charles Hoskinson reducing public appearances and closures at ecosystem projects including TapTools and NFT marketplace JPG Store, while several governance funding requests failed to win approval.

Nvidia is extending its AI push beyond GPUs into networking, photonics, and custom silicon, backing suppliers including Marvell Technology with about $2 billion. At Computex in Taiwan on June 2, CEO Jensen Huang called Marvell "the next trillion-dollar company," after which Marvell shares jumped more than 12%. Marvell is forecasting Q2 revenue of around $2.7 billion and sees custom-chip revenue topping $10 billion annually by fiscal 2029.

Citigroup forecasts the tokenized-asset market could expand from about $17 billion to $5.5 trillion by 2030, with scenarios ranging from $2.7 trillion to $8.2 trillion. The bank also links tokenization momentum to stablecoins, projecting the stablecoin market could reach $1.9 trillion by 2030 and drive up to $1 trillion in on-chain Treasury demand.

Coinbase's Base experienced a 30+ hour settlement disruption that paused state updates and withdrawals to Ethereum, while onchain activity on Base largely continued as normal. The issue was tied to a malfunction in Base's Trusted Execution Environment (TEE) enclave and was harder to notice because withdrawals already face a seven-day challenge period. No funds were reported lost, but the incident highlighted a weak point in the rollup's settlement pipeline shortly after the Azul upgrade.

On May 31, NVIDIA said it has moved its 88-core Vera CPU into full production, framing it as a data-center processor built specifically for AI agent workloads. The company listed OpenAI, Anthropic, Oracle Cloud Infrastructure, ByteDance, SpaceXAI, and CoreWeave as early adopters planning deployments, and claimed Vera can reach up to 1.8x the performance of x86 CPUs on agentic AI tasks.