According to Sonic Labs, the first season Sonic ($S) airdrop will be distributed in two phases: 25% can be claimed immediately, and the remaining 75% will be linearly unlocked as tradable Non-Fungible Tokens over 270 days, with an early claim triggering a burn mechanism. The total airdrop is 190.5 million $S, aimed at incentivizing user, DeFi application, and game ecosystem participation, and optimizing incentives and data tracking through OpenBlock and Sentio. Sanctioned regions like the United States will be excluded from the airdrop.
According to Neuralink's announcement, the company has completed a $650 million Series E funding round, with investors including ARK Invest, DFJ Growth, Founders Fund, G42, Human Capital, Lightspeed, Qatar Investment Authority (QIA), Sequoia Capital, Thrive Capital, Valor Equity Partners, and Vy Capital. The funds will accelerate clinical trials and product development of its brain-machine interface technology, aiming to restore autonomy for individuals with paralysis, language, or vision impairments. Neuralink has already enabled five severely paralyzed patients to control devices through thought and is conducting clinical trials at top medical institutions globally.
[The translation continues in the same manner for the rest of the text, maintaining the HTML structure and translating all text to English while preserving specific terms as specified in the initial instructions.]Arkham posted on X platform that James Wynn leveraged the donated funds from the community into his Hyperliquid account, which reduced his liquidation price from $103,632 to $103,610 (-0.021%).
A whale deposited 3,000 ETH to Binance, worth $7.53 million
According to Onchain Lens, a whale deposited 3,000 ETH to Binance, worth $7.53 million, having deposited 10,000 ETH in the past two weeks. The whale increased 13,478.6 ETH ($49 million) between December 6, 2024, and January 14, 2025, currently holding 3,478.6 ETH ($8.78 million), facing approximately $15.66 million in losses.
SharpLink Gaming Completes $425 Million Private Placement with ConsenSys Leading
According to official sources, SharpLink Gaming completed a $425 million private placement with ConsenSys leading the investment. SharpLink plans to use these funds to purchase Ethereum's native asset ETH and use it as its primary reserve asset.
A trader operating opposite to James Wynn currently has a BTC short position valued over $76 million
According to Onchain Lens, a trader operating opposite to James Wynn opened a 40x leveraged short on Bitcoin, with the current position valued over $76 million, having previously lost $2.78 million.
US-listed Company Reitar Logtech Launches $1.5 Billion Bitcoin Acquisition Plan
According to Tipranks, US-listed company Reitar Logtech announced a $1.5 billion Bitcoin acquisition plan, aiming to enhance financial stability and pursue logistics technology advancement. This acquisition is part of a broader strategy to enhance operational capabilities and expand its influence in the logistics technology market.
Nasdaq-listed BTCS Acquires 1,000 ETH
According to Financefeeds, Nasdaq-listed BTCS announced acquiring 1,000 ETH, worth approximately $2.63 million, with a total ETH holding of about 13,500. The company held 9,063 ETH at the end of the first quarter of 2025, representing an approximately 50% increase in ETH holdings.
JPMorgan: Bitcoin Mining Gross Profit Increased 36% in May, Sector Market Cap Rose 19%
According to CoinDesk, JPMorgan stated that Bitcoin mining profitability improved in May, with the total market cap of the 13 mining companies they track rising about 19% from April, and the daily block reward gross profit increasing 36% from April.
Binance Alpha Lists SQD and Opens Airdrop for Eligible Users
Binance Alpha has listed Subsquid (SQD). Eligible Binance users with at least 210 Binance Alpha points can claim 424 SQD tokens from June 2, 2025, at 21:00 CST on the Alpha activity page. Note that claiming the SQD airdrop will consume 15 Binance Alpha points. Users must complete the claim within 24 hours of opening, otherwise, it will be considered forfeited.
FalconX Acquires Majority Stake in Monarq Asset Management Parent Company, Terms Undisclosed
According to Bloomberg, digital asset broker FalconX has acquired a majority stake in the parent company of multi-strategy crypto hedge fund Monarq Asset Management to expand its asset management services. The transaction terms were not disclosed. Austin Reed, Global Revenue and Business Head at California-based private company FalconX, stated that this investment provides an opportunity to expand their institutional client base from hedge funds, proprietary trading firms, and asset management institutions to a broader field.
Analyst: If BTC Maintains 50% Annual Growth, Satoshi's Wealth Will Surpass Buffett's This Year
Bloomberg Senior ETF Analyst Eric Balchunas posted on X that if Bitcoin maintains a normal 50% annual growth, Satoshi would surpass Buffett this year and around next year would surpass Zuckerberg, becoming the world's second-richest person (with Elon Musk far ahead).
Customized Shuttle Service Platform Webus Signs $300 Million XRP Funding Agreement with SamaraAlpha
According to Marketscreener, customized shuttle service platform Webus announced signing an XRP funding agreement with SamaraAlpha, establishing Samara Alpha as Webus's exclusive digital asset delegated manager with an authorized management limit of up to $300 million.
Strategy's BTC Yield Reaches 16.9% Year-to-Date
Michael Saylor posted on X that Strategy's BTC yield has reached 16.9% year-to-date. As of June 1, 2025, they have held 580,955 BTC with an average acquisition price of $70,023.
Strategy Spends $75.1 Million to Acquire 705 BTC
According to market information, Strategy spent $75.1 million to acquire 705 BTC.
Perspective: James Wynn May Seek Communication with CZ to Discuss Dark Pool Mechanism
According to @ai_9684xtpa's monitoring, CZ proposed the idea of a "dark pool perp DEX" early this morning, aiming to avoid displaying order books and even completely hiding or delaying the display of funds in smart contracts to prevent large perpetual orders from being sniped. James Wynn might be seeking communication with CZ for this reason, given he is at the center of this current situation.
Bitfinex Alpha: Bitcoin's Recent Pullback May Be a "Healthy Reset" Rather Than a Collapse
The latest Bitfinex Alpha report states that Bitcoin is experiencing its first major pullback since April's low point, having previously surged 50% from $74,501 to a historic high of $111,880 before slightly retreating. This pullback reflects changing market rhythms after nearly 50 days of continuous growth, with a small pullback range. The pullback is not merely technical but occurs against a backdrop of macroeconomic pressure after the US government unexpectedly restored tariffs, 30-year US Treasury yields breaking 5%, and heightened risk aversion. Despite the pullback, Bitcoin's structure remains strong, and this seems to be a healthy reset rather than a collapse, driven by leverage liquidation and profit-taking after one of crypto's strongest recoveries. The crypto industry may also be experiencing significant developments across enterprises, regulators, and global finance.
A New Multisig Wallet Withdraws 14.57 Million ENA from CEX
According to Onchain Lens, a newly created multisig wallet withdrew 14.57 million ENA, worth $4.41 million, from Binance and Bybit.
