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Qian Zhimin Case Asset Disposal Holds Procedural Hearing in the UK, with Approximately 16,000 Chinese Victims Registering for Civil Claims

1 hours ago

June 8 — According to Caixin, the High Court of Justice for England and Wales held a procedural hearing on June 5 concerning asset disposal for the Qian Zhimin case. Approximately 16,000 Chinese victims have registered through multiple U.K. law firms to participate in civil recovery proceedings under the U.K.’s Proceeds of Crime Act; the registration window closed on May 22. This number accounts for less than 13% of the total roughly 128,000 victims of the Blue Sky Capital case, and further deduplication is required.
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Iran Launches Missiles at Israel Again

K10: Israeli military says Iran fired missiles at Israel and is intercepting them.

2 minutes ago

Jordan says multiple missiles entered its airspace.

Breaking News: Local time June 8, amid escalating regional tensions, multiple missiles breached Jordanian airspace, per a statement from Jordan’s government as covered by CCTV News on Tuesday. Jordanian government spokesperson Mohammad al-Momani noted the country’s Public Security Directorate has activated its air raid alarm system, and will keep sharing security guidance and updates with all citizens and personnel in Jordan. Al-Momani added that the Jordanian Armed Forces are closely tracking regional developments, carrying out their duties, and deploying all necessary forces to protect the nation, its people and their property. He also issued a stern warning, stressing Jordan will never tolerate any violation of its airspace, and will refuse to let any party turn the country into a battlefield. Jordanian authorities confirmed the same day that missile debris landed in the Dhnaybeh area of Ramtha, a northern Jordanian city. The debris crashed into a local residential courtyard, dama

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World Cup Narrative Meme Coin WORLDCUP Rallies 130% from Low, Reaching $9 Million Market Cap

On June 8, GMGN Monitoring reported that the Solana-based meme coin WORLDCUP has been surging since the weekend, hitting a peak market capitalization of $9.5 million and currently trading around $8.8 million. This represents a 130% gain over the past two days, with a 24-hour trading volume of $1.7 million. The coin’s narrative is tied to the 2026 FIFA World Cup, which officially kicks off on June 11—just three days away. WORLDCUP serves as the community’s core token, and the group has rolled out individual meme coins for all 48 participating national teams. Fifty percent of each national team token’s transaction fees go toward repurchasing WORLDCUP tokens. Of the current 48 national team-specific meme coins, the one with the largest market cap is FRANCE, trading at roughly $410,000, followed by PORTUGAL and SPAIN. BlockBeats issues a reminder: Meme coin trading is highly volatile, driven primarily by market sentiment and speculative hype rather than any inherent real-world value or

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Iran Fires Missile at Israel

June 8, the Israeli military confirmed that missiles were launched at Israeli territory from the direction of Iran, CoinDesk reported.

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Strategist: Overhyped Expectations Lead to Pullback in Asian Tech Stocks, Industry Inflection Point Not Yet Reached

June 8. David Chao, Global Market Strategist for J.P. Morgan Asia Pacific, noted that Asian tech stocks got off to a rocky start this week. The pullback was sparked by a major U.S. semiconductor firm reporting lower-than-expected revenue and holding steady on its AI business outlook (instead of raising guidance), fueling a selloff in U.S. stocks. Asian tech stocks are closely tied to the U.S. semiconductor cycle, given their overlapping supply chains and shared investor bases. However, Chao pointed out that one company’s quarterly results don’t necessarily signal a broader industry trend. That’s simply because the market had unrealistically high expectations for continued upward revisions to AI guidance. In Asia, the AI investment theme has become heavily concentrated, driven mostly by just a handful of South Korean and Taiwanese companies. This concentration risk has left the market far more fragile, so any single firm’s underperformance, or demand or supply disruptions, can spark u

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Bitwise CEO: Crypto Investors Should Take a Long-Term View, Focus on Fundamentals Over Short-Term Volatility

June 8: Bitwise CEO Hunter Horsley is advising cryptocurrency industry participants to adopt a long-term perspective. Horsley stated that unless someone is a short-term trader, they should not overly fixate on weekly or monthly price fluctuations. Instead, investors should focus on two key areas: the project’s substantive progress itself and its annual performance. This includes metrics like on-chain usage, technological advancements that align with product-market fit, integration of major corporations and institutional players, development implementation milestones, plus core factors such as team quality and execution capability. While the crypto market will not follow a linear development trajectory, Horsley noted that the industry’s fundamentals have been steadily and significantly improving between 2022 and 2026. He emphasized that this is a long-term process, and the final outcome will ultimately be determined by these underlying fundamentals.

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