A man in Hong Kong, China, was scammed out of 1.6 million USDT by a fake cryptocurrency exchange. The suspect is still at large.

June 12th — Renowned trader Killa (@KillaXBT) warned followers not to try shorting SpaceX. “Never go against the whales. BlackRock, Fidelity, Vanguard aren’t to be messed with — they control the market.” “Does it matter if the price is too high? Nope. Is the valuation overinflated? Doesn’t matter at all. The entire stock market is one bubble stacked on top of another, and short-term, nothing’s gonna shift that.”

On June 12, according to Cointel, Pump.fun sent its fees to a centralized exchange (CEX) for the second time in half a month, depositing a total of 67,000 SOL into Kraken. Since the start of 2024, Pump.fun has cumulatively sold 4.61 million SOL in fee revenue, generating $795 million in total proceeds at an average price of approximately $172.

June 12 — Per Bitget data, Virgin Galactic, a peer of SpaceX in the space exploration sector, saw its pre-market shares tumble more than 11% Thursday, following a over 21% rally in the prior trading session.

June 12 (CNN) — Israeli officials are pressing the United States to block the unfreezing of Iranian assets as part of the ongoing ceasefire agreement. Prime Minister Benjamin Netanyahu has been in regular communication with U.S. President Donald Trump, including a call Thursday night. Earlier, Trump claimed Israel is among several Middle Eastern countries backing the accord. Netanyahu later stated that Trump pledged a final nuclear deal would include removing Iran’s enriched uranium stockpile, dismantling its entire nuclear program, limiting its missile development, and halting its support for regional proxy groups. Trump’s public remarks in recent weeks have focused solely on the enriched uranium issue, with no mention of missiles or proxies in that timeframe. The Israeli officials noted that even if a U.S.-Iran memorandum of understanding (MOU) is signed, a final comprehensive agreement will not be reached.

June 12 – Per the Shanghai Stock Exchange (SSE) website, Changxin Technology Group Co., Ltd.’s IPO status has been updated to “Approved”. Click the link below to access the original article, then join DappBird Insightful’s Feishu AI News Channel for 24/7 monitoring of global AI trends and news.

June 12: According to Onchain Lens monitoring, a newly created crypto wallet deposited 749,216 USDC into HyperLiquid and opened a 25x-leveraged position, taking a long position of 10,768 ETH with an approximate value of $18 million. The liquidation price for this position is $1,645.93, which is less than 2% below the current market price.