PANews, June 3rd — According to The Block, the U.S. Treasury Department on Tuesday imposed sanctions on Nobitex, Iran's largest crypto exchange, and three other local trading platforms as part of the Trump administration's "Economic Fury" operation targeting Iran's financial network. The Treasury's Office of Foreign Assets Control (OFAC) stated that Nobitex processed over 50% of all digital asset inflows into Iran in 2025, playing a key role in sanctions evasion, terrorism financing, and transactions linked to Iran's Islamic Revolutionary Guard Corps. Sanctions were also extended to Nobitex's chairman and co-founder, current CEO, and two other co-founders. The Treasury further sanctioned Wallex, Bitpin, and Ramzinex, accusing them of facilitating transactions for the Revolutionary Guard and other sanctioned entities. This sanction announcement came less than a week after the U.S. Treasury Secretary said the U.S. had seized approximately $1 billion in Iranian crypto assets. However, the data in Tuesday's announcement still cited the previous estimate of nearly $500 million, creating a discrepancy between the two figures.

PANews reported on June 3rd that, according to The Block, total futures trading volume on major cryptocurrency exchanges fell to approximately $2.9 trillion in May, a 12-month low and the lowest level since the end of 2023, far below the peak of $6 trillion to $7 trillion per month during last year's active trading period. Trading volume remains highly concentrated on a few exchanges, with Binance maintaining its dominant share, followed by OKX, Bybit, and Gate. Analysts suggest that against this backdrop, the CFTC's formal opening of crypto perpetual futures contracts to the US market—a derivative previously largely outside US regulatory purview—has made significant strides. Perpetual futures, with no expiration date, use funding rates to anchor contract prices to spot prices, and have become the dominant trading tool in the global crypto derivatives market. The significance of this regulatory opening lies more in institutional participation, more compliant infrastructure, and onshore liquidity free from regulatory arbitrage. The current challenge is whether regulated US exchanges can compete with offshore exchanges on margin requirements and liquidity conditions.

According to a report by The Block on June 2, the DeFi lending protocol Radiant Capital has announced it will officially cease operations. The protocol suffered a hack in October 2024, losing approximately $51 million, as attackers deployed a backdoor contract on Arbitrum and BNB Chain to gain unauthorized access. Earlier in early 2024, the protocol had also been hit by a flash loan attack, resulting in losses of around 1,900 ETH (about $4.5 million).After 18 months of recovery efforts, Radiant Capital stated it was unable to recover a significant portion of the stolen funds or successfully raise capital, and "the DAO has no viable path forward." The protocol will now enter a "maintenance state," with the frontend and smart contracts remaining accessible, allowing users to continue withdrawal, repayment, and position management operations. If any funds are recovered in the future, they will be returned to affected users.

TechFlow reports on June 01 that, according to official sources, Anthropic has confidentially submitted a draft Form S-1 registration statement to the U.S. Securities and Exchange Commission (SEC), aiming to proceed with an initial public offering (IPO) of its common stock. The company stated that this step allows it to list upon completion of the SEC's review, though the specific offering timeline remains subject to market conditions and other factors.Currently, the number of shares to be offered and the price range have not been determined. Anthropic also emphasized that this announcement is made pursuant to Section 135 of the Securities Act of 1933 and does not constitute an offer to sell securities or a solicitation of an offer to buy securities.

PANews reported on June 2nd that, according to CCTV News, US President Trump stated on June 1st local time that he expects to reach an agreement with Iran "within the next week" to extend the current ceasefire and reopen the Strait of Hormuz. Trump said the negotiations are progressing smoothly and expressed optimism about reaching an agreement. Earlier today, Trump said on social media that negotiations with Iran are "moving rapidly."

PANews reported on June 2nd that, according to Cailian Press, Alphabet, Google's parent company, plans to raise $80 billion in equity financing, which will be used to expand its AI infrastructure and computing power. Berkshire Hathaway is reportedly investing $10 billion in the company through a private placement.

Shenchao TechFlow news, May 31, according to The Block, the Cardano Foundation confirmed that the Cardano Summit 2026 will not be held this year because the on-chain treasury funding proposal failed to reach the 66.67% supermajority threshold required for approval. The revised proposal requested 7.8 million ADA, approximately $2 million, and ultimately received 65.21% support from DRep staking, failing to pass. The summit was originally scheduled to be held in Singapore on October 5-6. In a separate report, EMURGO's individually submitted TOKEN2049 sponsorship proposal was approved.

Shenchao TechFlow News, May 31, according to CoinGlass data, the total liquidation amount in the cryptocurrency market over the past 24 hours reached $111 million, with long position liquidations at $61.6996 million and short position liquidations at $49.7262 million.Among them, BTC liquidations amounted to $8.6954 million (longs $5.6986 million, shorts $2.9968 million), ETH liquidations at $10.4279 million (longs $7.6646 million, shorts $2.7633 million), and SOL liquidations at $2.5154 million (longs $2.0019 million, shorts $513,500).Over the past 24 hours, a total of 63,819 people were liquidated, with the largest single liquidation occurring on the Bybit ETHUSDT trading pair, valued at $798,200.

PANews reported on June 1st that, according to Onchain Lens monitoring, HYPE hit a new all-time high, breaking through $72. Whale Loracle (@loraclexyz) has closed out more than 50% of its short HYPE positions, currently holding 843,232 HYPE tokens ($60.7 million) in short positions, with a floating loss exceeding $22 million. Meanwhile, whale "0x082" holds a 5x long HYPE position, with a floating profit exceeding $46 million.

PANews reported on June 1 that, according to OKX market data, BTC has just broken through $74,000 and is currently trading at $74,010.00 per coin, a daily increase of 0.49%.