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Binance Futures will list SLX

54 minutes ago

June 1st: Per an official announcement, Binance Futures will launch the SLXUSDT perpetual contract today at 15:30 UTC+8, offering leverage of up to 20x.
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Hyperliquid Crude Oil Contract Volume Reaches 32% of NYMEX Futures, On-chain Contract "Penetration" One Thousandth of Traditional Markets

June 1, per Hyperinsight Monitoring (via Telegram channel: https://t.me/HyperInsight), on last Friday—the most recent trading day—Trade.xyz’s HIP-3 traditional asset contract hit $21.6 billion in trading volume, a 20% jump from its 7-day average. Over the same period, the broader traditional market (encompassing ETFs, futures, and cash stocks) saw roughly $1.56 trillion in trading activity. Calculations show Trade.xyz’s volume made up approximately 0.139% of the total traditional market. Looking at sector-specific penetration rates for on-chain RWA (real-world asset) contracts into traditional markets, figures vary across asset classes: ### Commodities For Brent Crude Oil: Using the prior day’s trading volume of the NYMEX front-month futures contract as a benchmark, Trade.xyz’s Brent contract volume reached ~29.7% (note: Brent Crude Oil is primarily traded on the Intercontinental Exchange, ICE). For WTI Crude Oil, Trade.xyz’s corresponding contract volume accounted for ~2.31% of its

4 minutes ago

Vietnam Proposes Allowing Digital Assets as Bank Loan Collateral to Drive Cryptocurrency Integration into the Formal Financial System

On June 1, FinanceFeeds reported that Vietnam’s Ministry of Finance has submitted a draft amendment to its SME Support Law. The proposal would let domestic credit institutions accept digital assets and virtual assets as legitimate collateral for commercial bank loans. Its goals are to overhaul the long-standing financing model that relies on physical assets (like real estate) as primary collateral, unlock liquidity in Vietnam’s crypto asset market, and expand financing pathways for small and medium-sized enterprises (SMEs). Per the report, Vietnam has about 930,000 SMEs—making up over 98% of all registered businesses in the country—but these firms currently only access 19% to 20% of credit resources from the national banking system. Under the amendment, commercial banks would be allowed to include digital assets, intellectual property, movable property, and future assets in their collateral scope. They would also be able to extend more loans based on an enterprise’s cash flow, credit

4 minutes ago

By 2025, 65% of cryptocurrency theft incidents involved social engineering attacks, with total annual fraud losses reaching $17 billion.

June 1st, Chainalysis research finds social engineering attacks have become the leading source of financial losses in the cryptocurrency industry. AMLBot data shows approximately 65% of cryptocurrency theft cases investigated in 2025 involved social engineering tactics, while Chainalysis estimates total global crypto fraud losses reached roughly $17 billion that year. Attackers prey on users’ trust, fear, and sense of urgency to carry out scams, rather than targeting the underlying blockchain technology directly. The report outlines six of the most common current attack methods: phishing, identity fraud scams, SIM swapping (hijacking), rug pulls (investment or romance scams), AI-driven scams, and airdrop and giveaway frauds. Hacken data indicates the Web3 sector suffered $306 million in losses from phishing attacks in the first quarter of 2026. Chainalysis data shows clusters of identity fraud scams saw a roughly 1,400% year-over-year increase. CoinLaw estimates SIM swapping attacks

4 minutes ago

A certain trader who went all in selling BTC to long FARTCOIN was ultimately liquidated, holding the position for 75 days and facing a loss of nearly $900,000.

June 1st: According to OnchainLens’ monitoring, a trader sold 9 BTC 75 days ago, valued at roughly $981,000 at the time, and deployed the proceeds to open a long position in FARTCOIN. The latest data shows that this FARTCOIN long position has now been fully liquidated, incurring a total loss of around $896,000, leaving the account with only approximately $84,600 remaining.

4 minutes ago

Serenity "Versailles": TAIEX Shunsin Surges 40% in Half a Month, Fails to Meet Expectations

June 1: Self-proclaimed "Stock God" Serenity (@aleabitoreddit) posted that he initially had higher hopes for Taiwan-based optical stock Shunsin. After holding it for roughly a month and a half, the stock only gained 39.96%, falling short of his expectations—suggesting maybe he’s just not good at investing in Taiwan’s optical sector.

4 minutes ago

Bitcoin briefly drops below $73,000

June 1st, per HTX market data, Bitcoin briefly dipped below $73,000 and is now trading at $73,094, down 1.34% over the past 24 hours.

4 minutes ago