MASK plunged over 50% within a 3-hour window early this morning, and is now trading at $1.87.

On June 7th, at the "2025 Web3 x AI Innovation Forum" jointly organized by the Tsinghua University Student Blockchain Association and Polyhedra, Hu Yuncong, an assistant professor at Shanghai Jiao Tong University and a co-founder of Polyhedra, delivered a keynote speech titled "Reshaping the Trust Boundary: A New Paradigm of Trustworthy Outsourced Computation Based on ZK". Xie Tiancheng, a Ph.D. from the University of California, Berkeley and a co-founder & CTO of Polyhedra, gave a keynote speech on "AI+Web3: Prospects and Future of ZKML". During the event, Xie Tiancheng mentioned: "The comparison between verifying liquidity and computational complexity is as different as night and day. Specifically, in the application of AI models, the primary value of ZKML (Zero-Knowledge Machine Learning) lies in verifying service quality. For instance, in a trading bot, users can verify the quality of the bot's operation using ZKML." Furthermore, as AI Agents multiply and their sensitive permissi

On June 7th, according to Coinglass data, the current funding rates of mainstream CEX and DEX suggest that the market remains in a bearish state. The funding rates for specific mainstream coins are presented in the attached image. BlockBeats Note: The funding rate is a fee set by cryptocurrency exchanges to maintain the balance between the contract price and the underlying asset price. It is usually applicable to perpetual contracts and serves as a fund exchange mechanism between long and short traders. The trading platform does not charge this fee. Its purpose is to adjust the cost or profit of traders holding contracts to keep the contract price close to the underlying asset price. When the funding rate is 0.01%, it represents the benchmark rate. When the funding rate is greater than 0.01%, it indicates a generally bullish market. When the funding rate is less than 0.005%, it indicates a generally bearish market.

On June 7th, the vice president of the United States, Harris, expressed the hope that Musk could come back. (Golden Ten)

On June 7th, the Japanese listed company Remixpoint announced an increase of $4.7 million in holding 44.8 bitcoins.

June 7th: The second-largest global issuer of USD stablecoins, Circle (CRCL), saw its USD Coin (USDC) listed on the New York Stock Exchange on June 5th with an issuance price of $31. On the first day of trading, the price skyrocketed by 168%, and on June 6th, it rose by nearly 30%, accumulating a two-day gain of 247%. This listing is regarded as a significant milestone in stablecoin regulation and the integration into mainstream finance. Bitunix analysts propose: Stablecoins are entering a new stage of "sovereign regulation + financial applications." USDC, as a highly compliant representative, has medium- to long-term growth potential. In the short term, attention should be paid to the risk of a pullback due to the listing hype of CRCL. If the market's optimistic sentiment towards regulation remains, it is advisable to focus on compliant stablecoin project tokens or the financial application sector (such as cross-border payments, RWAs). In the medium term, pay attention to the perform

On June 7th, the Bitcoin Core Project issued a statement indicating that Bitcoin is a network defined by its users. These users possess the ultimate freedom of choice. They are able to run any software they desire to use (whether it is for full validation or not), and can enforce any policies they are willing to adhere to. Bitcoin Core contributors do not have the power to dictate the rules that users must follow. This principle is manifested in a long-standing practice: The Bitcoin Core software does not support automatic updates. This implies that no entity can unilaterally impose changes on Bitcoin Core users. All changes must be actively chosen by the user, either to upgrade to a new software version or to select different software. This freedom to run any software serves as the primary safeguard of the Bitcoin network against external coercion. “As developers of Bitcoin Core, we also hold the belief that we have a responsibility to ensure that the Bitcoin Core software operates