The Premier of Ontario, Canada, has agreed to suspend a 25% surcharge on electricity exports to Michigan, New York, and Minnesota.

On June 9th, Avalon Labs, a bitcoin financial services platform, announced that it has officially destroyed 80 million governance tokens AVL, worth about 16 million US dollars, accounting for 44% of the current total circulation. The tokens destroyed this time are mainly the shares that were not claimed by users during the airdrop.

Bitcoin financial services platform Avalon Labs announced that it has officially destroyed 80 million governance tokens AVL, worth about 16 million US dollars, accounting for 44% of the current total circulation. The tokens destroyed this time are mainly unclaimed shares during the airdrop. Avalon Labs launched a governance token airdrop campaign in March 2024, which attracted more than 100,000 customer engagements and successfully distributed AVL worth $20 million. As the campaign ended, the re...

In a post on his social media platform Real Social, US President Donald Trump said: "Los Angeles Police Chief Jim McDonald just said that protesters are becoming more and more radical and he will'have to reassess the situation 'to decide whether to send [US National Guard] troops. He should act now! Don't let these thugs get away with it." Trump also said, "The situation in Los Angeles is very bad! Send troops in!", "Arrest people wearing masks immediately!" (Kim Ten)

California Governor Newsom said on social media on the evening of the 8th that it is "illegal and immoral" for US President Trump to dispatch the California National Guard without consulting the governor, and California will take Trump to court. (Jin Ten)

According to on-chain analyst Aunt Ai (@ai_9684xtpa), an address that participated in the Ethereum ICO recharged 991.67ETH to OKX 10 hours ago, worth $2.51 million. Since May 26, the number of ETH suspected to be sold 1 million ETH whales in this ETH ICO has increased to 9,845.96, with a total value of $25.23 million, and the cost is as low as $0.31.

7:00-12:00 Keywords: ALEX, CLARITY Act, Cetus Protocol The probability that the Federal Reserve will keep interest rates unchanged in June is 99.9%. Data: The number of Bitcoin network transactions has fallen to a new low since October 2023. 3. Eleanor Terrett: "Alternative Amendments" to the CLARITY Act have been issued; 4. ALEX: The TGP compensation claim site has been launched, reminding users to interact safely; 5. The Federal Reserve has appointed Michael Horowitz as its new inspector gener...

According to Coinglass data, in the past week, major cryptocurrency exchanges have outflows of 65,393.48 bitcoins, including Binance outflows of 8,765.65, Coinbase Pro outflows of 9,324.93, and Bitfinex outflows of 25,711.35. At present, the cumulative balance of bitcoin on crypto exchanges is 2,092,731.59, a record low.

According to Cointelegraph, Cathie Wood, CEO of ARKInvest, recently said that the price of BTC will increase by 15 times in the next five years. "BTC represents a different global currency system, and its volatility is decreasing as more investors hold it."

Li Jiachao, the chief executive, recently said that Hong Kong will maintain the linked exchange rate of the Hong Kong dollar to the US dollar, which is one of the key factors for Hong Kong's economic success and will not change due to the escalation of geopolitical tensions. However, Li Jiachao said that this does not mean that Hong Kong's financial system is completely dependent on the linked exchange rate system. In the future, Hong Kong will strengthen its dominance as a global offshore RMB b...

According to Lookonchain, addresses starting with 0x11e1 turned $171,000 into $9.30 million by trading KTA in 3 months, a return of 54 times. About 3 months ago, the address spent 91.5 ETH (about $171,000) to buy 6.02 million KTA, which is now worth $9.30 million.

Jack Zhang, co-founder of Airwallex, a corporate payments and finance platform, took to social media to question the usefulness of stablecoins in cross-border transactions with mainstream currencies. Zhang pointed out that in transactions between G10 currencies, the existing banking system has been able to transfer funds in real time at a cost of less than 0.01%, and stablecoins are difficult to provide a more competitive solution. He believes that the cost of off-market transactions from stable...

Binance issued the 31st proof of reserve (snapshot date June 1). The net balance of user BTC assets is about 593,000, down 1.82% from the previous month (May 1), down 10,900, and the BTC ratio is 102.13%; the net balance of user ETH assets is about 5.337 million, up 1.05% from the previous month, up 55,000 ETH, and the ETH ratio is 100%; the net balance of user USDT assets is 28.83 billion, down 0.77% from the previous month, down 223 million USDT, and the USDT ratio is 101.52%.