1. On June 4, the US Bitcoin spot ETF had a net inflow of US$887 million, the second highest single-day net inflow in history
Yesterday, Grayscale ETF GBTC had a net inflow of 28.1957 million US dollars. The Bitcoin spot ETF with the largest net inflow yesterday was Fidelity ETF FBTC, with a net inflow of 379 million US dollars. The second was BlackRock ETF IBIT, with a net inflow of 274 million US dollars. Currently, the net asset value of Bitcoin spot ETF IBIT managed by BlackRock has reached 20.82 billion US dollars, which has exceeded the 20.12 billion US dollars of Grayscale ETF GBTC. Ranked third is Fidelity ETF FBTC, with a net asset value of 12.01 billion US dollars.
Read the original article
2. The U.S. ADP employment data for May showed an increase of 152,000, while the expected increase was 175,000.
The U.S. ADP employment increased by 152,000 in May, which was expected to be 175,000 and the previous value was 192,000, the smallest increase since January this year. Nela Richardson, chief economist of ADP, said that employment growth and wage growth are slowing down in the second half of the year. The labor market is solid, but we are monitoring obvious weakness related to producers and consumers.
Read the original article
3. Vitalik expressed dissatisfaction with the current phenomenon of celebrities participating in cryptocurrency on social media
Vitalik emphasized that "if financialization is for some worthy purpose (such as medical care, open source software, art, etc.), I can respect it." He called for pushing this phenomenon in a more valuable and practical direction, and asked: "How can we push things in a better direction?" Vitalik concluded: In addition to making celebrities and early adopters rich, it also serves some kind of public interest goal. There are some interesting mechanisms, not just trading tokens. Do something that can last for more than 10 years, rather than surfacing for a few months and then being forgotten. This is a low standard, but what we build should also meet this standard.
Read the original article
4. South Korea’s largest crypto exchange Upbit announced that it will list Taiko (TAIKO)
TAIKO deposits and withdrawals will be open at 22:00 on June 5, and the trading support time will be notified through subsequent announcements. Taiko is a decentralized Ethereum equivalent (Type-1) ZK-VM and general ZK-Rollup second-layer network. Previously, Ethereum founder Vitalik left an encouraging message on the first genesis block of the Taiko mainnet: "I am very happy to see Taiko launched as "Based Rollup". Ethereum benefits from L2 taking multiple different approaches, and I appreciate that they are the first to move in this direction."
Read the original article
5. Crypto scammers recently hijacked Microsoft India’s official Twitter account and posted phishing links
Crypto scammers recently hijacked the official Microsoft India Twitter account, which has over 211,000 followers, to impersonate the well-known meme stock trader Roaring Kitty. The Microsoft India account has a gold logo, which gives the fraudulent posts more credibility. The hijacked account was used to reply to tweets, directing followers and other users to a malicious website that falsely claimed to offer a pre-sale of the Gamestop (GME) cryptocurrency. In addition, many bot accounts retweeted the hijacked posts, amplifying their reach and luring more victims.
Read the original article
