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.
