Morning Post | Bitmine Plans to Raise $300 Million Through Preferred Stock Issuance; Polymarket Accuses Kalshi of Commercial Espionage

链捕手Pubblicato 2026-06-05Pubblicato ultima volta 2026-06-05

Introduzione

ChainCatcher's Daily Crypto Brief: Key developments from the past 24 hours include significant funding moves, regulatory actions, and market predictions. Bitmine announced a $300 million preferred stock fundraising. Polymarket accused rival prediction platform Kalshi of corporate espionage, citing numerous suspicious coincidences in product launches, a claim Kalshi strongly denied. The U.S. Department of Justice, in a joint "Disruption Week" anti-fraud operation with companies like Coinbase and Meta, froze over $3.8 million in cryptocurrency linked to scams. In infrastructure news, Macau completed its integration with the multi-central bank digital currency bridge, mBridge, aiming to build efficient cross-border payment channels. Cosmos Labs acquired the block explorer Mintscan. Market-wise, Geoffrey Kendrick, Standard Chartered's Head of Digital Assets Research, stated Bitcoin is nearing a bottom around $63,000, maintaining a year-end target of $100,000. He noted stability in U.S. spot Bitcoin ETF holdings. Ahead of SpaceX's anticipated IPO, internal insiders at Rocket Lab (RKLB) sold over $18.41 million in stock. In tokenization, Goldman Sachs partnered with Apex and Archax to launch a tokenized real estate fund. The meme token tracker GMGN reported the top trending tokens: on Ethereum, HEX, SHIB, LINK, PEPE, mUSD; on Solana, TROLL, swarms, WORLDCUP, neet, Buttcoin; and on Base, PEPE, toby, ODDS, ELSA, SKI.

Compiled by: ChainCatcher

Key News:

Bitmine Announces Plan to Raise $300 Million Through Issuing Preferred Stock
Polymarket Accuses Kalshi of Commercial Espionage, Citing Too Many 'Coincidences' in Product Launches
U.S. DOJ Collaborates with Coinbase, Meta, and Others in Anti-Scam Operation, Freezing Over $3.8 Million in Crypto Assets
Macao Completes System Integration with Multilateral Central Bank Digital Currency Bridge mBridge, Building an Efficient and Secure Cross-Border Payment Channel
Cosmos Labs Acquires Block Explorer Mintscan
Goldman Sachs Partners with Apex and Archax to Launch Tokenized Real Estate Fund

What were the key events of the past 24 hours?

Macao Completes System Integration with Multilateral Central Bank Digital Currency Bridge mBridge, Building an Efficient and Secure Cross-Border Payment Channel

U.S. DOJ Collaborates with Coinbase, Meta, and Others in Anti-Scam Operation, Freezing Over $3.8 Million in Crypto Assets

ChainCatcher news, according to a report by The Block, the U.S. Department of Justice stated that in the joint anti-scam operation codenamed "Disruption Week," private sector participants froze over $3.8 million in cryptocurrency assets related to scams. Participating institutions included Coinbase, Meta, Google, Microsoft, SpaceX, TRM Labs, among others.

The operation also led to the arrest of seven scam operators by Thai police and the identification of multiple scam platforms handed over to U.S. authorities for investigation. According to FBI data, reported losses from cryptocurrency investment scams in 2025 grew by 24% year-over-year, exceeding $7.2 billion.

Standard Chartered's Head of Digital Assets Research: Bitcoin 'Bottom is Near,' Maintains Year-End $100,000 Target

ChainCatcher news, according to a report by The Block, Geoffrey Kendrick, Head of Digital Asset Research at Standard Chartered, stated that Bitcoin's "bottom has almost arrived" following the recent sharp decline, and the current range around $63,000 is a "buying zone." He pointed out that holdings of U.S. spot Bitcoin ETFs have remained largely flat overall since February, with no concentrated redemptions as feared, indicating that the funds are more "structurally stable."

Kendrick expects that after Strategy, which triggered recent selling pressure, sold 32 BTC, it may follow historical precedent by repurchasing 10 times or even 100 times that amount, potentially signaling a confirmation of a cyclical low. He also noted that Bitcoin still faces downside risks of falling below $60,000 but believes averaging into purchases is preferable to trying to time the exact bottom. The bank maintains its year-end targets of $100,000 for Bitcoin and $4,000 for Ethereum.

Ahead of SpaceX's IPO, Rocket Lab (RKLB) Insiders Cash Out Over $18.41 Million in Stock

ChainCatcher news, according to a report by Barron's, ahead of SpaceX's IPO, Rocket Lab insiders collectively sold over 124,000 shares, cashing out more than $18.41 million. This included the company's General Counsel Arjun Kampani, Vice President of Space Systems Brad Clevenger, COO Frank Klein, and Alex Slusky, head of Vector Capital, the entity behind the SPAC that took the company public.

The company's stock price had previously risen significantly due to industry optimism fueled by SpaceX's valuation increase. On Monday this week, Rocket Lab's (RKLB) stock price once fell by 15% to $122.39.

Polymarket Accuses Kalshi of Commercial Espionage, Citing Too Many 'Coincidences'

ChainCatcher news, prediction market platform Polymarket believes its competitor Kalshi may have engaged in commercial espionage against its New York office and employees. A Polymarket marketing executive confirmed the company is conducting an internal investigation, stating there were "too many coincidences" and suspecting Kalshi had ill intentions.

Reports indicate that Polymarket internally compiled a file named "Copycat," documenting about a dozen suspicious incidents. These included Polymarket's original plan to launch a free grocery pop-up event on February 12, while Kalshi launched a similar event approximately 9 days earlier. Additionally, Polymarket planned to announce its perpetual contract product plans on April 21, but about an hour before the announcement, tech media The Information reported that Kalshi was also preparing to launch a similar product.

Polymarket employees also expressed concern that the office of Paradigm, a venture capital firm backing Kalshi, is located opposite their workplace, posing a risk of employees' computer screens being viewed. It is reported that Polymarket installed window films on some office windows this spring.

In response, a Kalshi spokesperson denied all allegations, calling Polymarket's suspicions "pathetic and bordering on delusional."

Meme Token Hotlist

According to data from the meme token tracking and analysis platform GMGN, as of 09:00 on June 5th,

The top five popular tokens on ETH in the past 24h were: HEX, SHIB, LINK, PEPE, mUSD.

The top five popular tokens on Solana in the past 24h were: TROLL, swarms, WORLDCUP, neet, Buttcoin.

The top five popular tokens on Base in the past 24h were: PEPE, toby, ODDS, ELSA, SKI.

Domande pertinenti

QWhat significant fundraising initiative has Bitmine announced, and how much does it aim to raise?

ABitmine has announced the issuance of preferred stock aiming to raise 300 million US dollars.

QWhat action has the US Department of Justice taken in collaboration with companies like Coinbase and Meta, and what was the outcome?

AThe US Department of Justice conducted a joint anti-fraud operation named 'Disruption Week' with companies including Coinbase, Meta, Google, Microsoft, SpaceX, and TRM Labs. The operation resulted in the freezing of over 3.8 million US dollars in cryptocurrency assets linked to scams.

QAccording to Geoffrey Kendrick of Standard Chartered Bank, what is the outlook for Bitcoin's price and what are his specific targets?

AGeoffrey Kendrick, Head of Digital Assets Research at Standard Chartered Bank, stated that Bitcoin's bottom is nearly in place after recent declines and considers the current price around 63,000 USD a 'buying range'. He maintains a year-end target of 100,000 USD for Bitcoin and 4,000 USD for Ethereum.

QWhat allegations has Polymarket made against its competitor Kalshi, and how has Kalshi responded?

APolymarket has accused its competitor Kalshi of potential corporate espionage, citing 'too many coincidences' in similar product launches and activities. Kalshi has denied all allegations, calling Polymarket's suspicions 'pathetic and bordering on delusional'.

QWhat major development has been completed regarding Macao and the mBridge system, and what is its purpose?

AMacao has completed system integration with the multilateral central bank digital currency bridge, mBridge. The purpose is to establish an efficient and secure cross-border payment and settlement channel.

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