HTX Ventures Weekly Recap (3 June 2026–10 June)

Executive Summary

The macroeconomic environment delivered a complex mix of persistent inflation and moderating consumer demand, effectively neutralizing any expectations for an imminent Federal Reserve policy pivot. The U.S. labor market demonstrated resilient, albeit slowing, growth with 172,000 added nonfarm payrolls and a 4.3% unemployment rate, ensuring that the cost of capital will remain restrictively elevated for the foreseeable future. Simultaneously, global regulatory architectures are shifting from ad-hoc enforcement to structured market design, evidenced by the SEC’s FY2026–FY2030 strategic plan prioritizing digital asset frameworks, the HKMA’s Tokenised Bond Expert Group, and South Korea’s transition to risk-based crypto transfer supervision.

The digital asset ecosystem was hammered by a severe liquidity contraction, suffering a staggering $2.34 billion in total net outflows. This massive capital flight was driven by a $1.59 billion drop in fiat-backed stablecoins and record-breaking spot ETF liquidations, which saw $1.72 billion exit Bitcoin products and $174.4 million drain from Ethereum funds. Consequently, market sentiment plunged into “Extreme Fear” as the total market cap fell 11.1% to $2.16 trillion. Bitcoin cratered 13.3% to $63,301, and Ethereum suffered a steep 17.3% beta decay to crash below the critical $1,700 floor, dragging the broader altcoin and infrastructure sectors down with it.

Despite the brutal secondary market capitulation, enterprise infrastructure scaling and foundational venture funding demonstrated sharp institutional focus. Venture deployment hit a multi-year low of just $84 million, yet capital aggressively targeted cash-flowing market infrastructure, highlighted by SignalPlus’s $50 million raise for institutional derivatives and WasabiCard’s stablecoin payment rails. Corporate treasury management is also maturing into complex capital structuring; BitMine upsized a 9.50% Series A preferred stock offering to aggressively fund Ethereum accumulation, while traditional titans like Mastercard and Charles Schwab aggressively expanded 24/7 crypto futures and multi-chain stablecoin settlement networks.

1/ Macro Markets Sentiment

U.S. Economy

May Jobs Report Reinforced the Higher-for-Longer Macro Setup

The U.S. Bureau of Labor Statistics reported that nonfarm payroll employment increased by 172,000 in May, while the unemployment rate remained at 4.3%. The labor market is slowing compared with prior cycle highs, but it is not breaking. For risk assets, this reduced the urgency for near-term Fed easing and kept pressure on duration-sensitive assets, including crypto, growth equities, and venture-backed token projects. The market reaction was straightforward: stronger labor resilience means fewer immediate monetary-policy relief catalysts.

> SEC Draft Strategic Plan Explicitly Prioritized Digital Assets and On-Chain Infrastructure

The SEC’s FY2026–FY2030 draft strategic plan included a dedicated objective to provide a clearer regulatory foundation for digital assets and distributed ledger technologies. It also referenced tokenized offerings, custody, trading, staking, and on-chain financial infrastructure. This is strategically significant because it suggests that the U.S. regulatory conversation is shifting from ad hoc enforcement toward structured rulemaking and market-structure design.

> Fed Beige Book Highlighted Inflation Pressure and Softer Consumer Demand

The Federal Reserve’s June Beige Book showed that economic activity and inflation both increased modestly in recent weeks, while consumer and business stress remained visible. The key macro read-through is that the economy is not weak enough to force rapid easing, yet inflation remains sticky enough to keep real rates restrictive. This is an unfavorable mix for speculative crypto beta because liquidity-sensitive assets need either falling rates or strong growth acceleration; this week delivered neither.

Rest of the World

Hong Kong HKMA Established a Tokenised Bond Expert Group

The Hong Kong Monetary Authority announced the formation of a Tokenised Bond Expert Group to support the further development of tokenised bond markets. This is a meaningful step for Hong Kong’s RWA roadmap because it targets institutional debt-market infrastructure rather than retail token speculation. For tokenization investors, Hong Kong continues to position itself as a regulated hub for on-chain capital markets experimentation.

> South Korea Moved Toward Risk-Based Crypto Transfer Supervision

South Korea’s financial authorities moved to adjust virtual-asset transfer rules by reducing reliance on a fixed mandatory reporting threshold and shifting greater responsibility to exchanges for risk-based monitoring. This is important for Korean exchanges, stablecoin flows, and cross-border transfers because compliance responsibility is moving deeper into platform-level transaction monitoring. The direction is not anti-crypto; it is anti-uncontrolled-flow.

>UK FCA Added Hyperliquid to Its Warning List

The UK Financial Conduct Authority added Hyperliquid to its warning list, indicating that the firm may be promoting financial services or products without FCA authorization. This is a clear reminder that fast-growing offshore perpetual DEX models face increasing regulatory perimeter risk as they scale. For investors, product-market fit alone is not enough; regulatory accessibility and jurisdictional strategy will increasingly determine valuation durability.

Commodities

Gold Spot (XAU/USD)

Gold is undergoing a short-term corrective consolidation after failing to hold the upper $4,450–4,480/oz range, with the 5-day move down around 2.22%. The sharp leg lower suggests profit-taking and weaker momentum, but the price has started to stabilize around the $4,300–4,330/oz area, indicating that gold’s safe-haven and monetary-hedge demand remains relatively resilient. Overall, gold looks mildly bearish in the short term but not structurally broken.

Silver (XAG/USD)

Silver is showing a much weaker technical profile than gold, falling sharply from the $74–75/oz area to around $67.9/oz, with continued pressure below the $69–70/oz recovery zone. The move reflects a higher-beta liquidation within precious metals, likely driven by reduced speculative positioning and weaker industrial-growth risk appetite. Compared with gold, silver’s underperformance signals a more defensive rotation in metals, making silver short-term bearish and relatively weaker.

HTX Ventures Angle: The combination of sticky inflation and a resilient labor market guarantees a prolonged restrictive monetary stance. For speculative crypto beta, this stagflation-lite environment is highly toxic, as liquidity-sensitive assets require either falling rates or robust economic acceleration. However, the regulatory signals are overwhelmingly constructive for institutional infrastructure. The SEC’s strategic pivot toward structured rulemaking, combined with the HKMA’s focus on tokenized bonds, confirms that global jurisdictions are racing to build compliant on-chain capital markets. Our venture deployment must ruthlessly avoid offshore, regulatory-arbitrage models — which are increasingly targeted by agencies like the FCA — and exclusively fund compliant, enterprise-grade architectures capable of interfacing directly with these emerging statutory frameworks.

2/ Capital Movement

> Weekly ETF inflows/outflows (June 1 ~ June 5 ):

● BTC: -$1.72B (Led by BlackRock IBIT outflows at $1.34B)

● ETH: -$174.4 M (Led by BlackRock ETHA outflows at $124.8M)

Source: Coinglass

Source: Coinglass

Weekly Fiat-Backed Stablecoin Net Inflows/Outflows (Jun 3 ~ Jun 8 )

Total Net Inflows/Outflows: -$1.59 B

Source: SoSoValue

Weekly USD Net Inflows/Outflows into Cryptomarket (Jun 3 ~ Jun 8 )

Total Net Inflows/Outflows: -$2.34 B

Source: SoSoValue

(Note: Total Net Inflows are calculated via a manual sum of the daily bar chart data, which differs from the platform’s rolling cumulative display).

Fear & Greed Index dropped from 60 (Greed) to 40 (Fear)

Crypto Fear & Greed Index was dropped slightly from 35 (Fear) to 15 (Extreme Fear).

HTX Ventures Angle: The market is experiencing an absolute capital starvation event. A $2.34 billion weekly liquidity drain, compounded by intense spot ETF redemptions and a $1.59 billion stablecoin contraction, indicates that broad-market fiat is aggressively exiting the ecosystem. The plunge into “Extreme Fear” confirms that internal capital recycling has failed to support secondary valuations. In a high-yield macro environment, institutions are unwinding duration risk and hoarding cash. Until stablecoin minting velocities demonstrate a sustained structural reversal, trying to catch falling knives in the mid-to-small cap sector is a severely misallocated risk. We remain in a strict capital preservation and accumulation-phase posture.

3/ Crypto Market Performance (3 Jun ~ 9 Jun )

Global crypto market cap dropped drastically by 11.1% to ~$2.16T

Spot Market

Bitcoin (BTC): -13.3%

● Current Price: $63,301.24

● Fluctuation Analysis: Macro-Driven De-Risking & Corporate Supply. Bitcoin’s breakdown was driven by a combination of stronger U.S. dollar momentum, higher yields, persistent spot-ETF outflows, and weakening risk appetite. Strategy’s earlier 32 BTC sale added symbolic pressure because it challenged the market’s perception of corporate BTC treasuries as untouchable reserves. However, this should not be framed as major supply pressure, as the company subsequently resumed accumulation with a 1,550 BTC purchase.

● Support Level: $62,000 — $63,000 (Currently acting as the critical defense line; buyers must defend this zone with verifiable spot volume to prevent further capitulation).

Source: CoinMarketCap (BTC)

Ethereum (ETH): -17.3%

● Current Price:$1,685.25

● Fluctuation Analysis:Beta Decay & Liquidity Drain. Ethereum underperformed Bitcoin during the broader liquidity contraction, reflecting classic high-beta weakness. While corporate treasury accumulation remained active, including BitMine’s latest ETH purchase, the buying was insufficient to offset market-wide de-risking and the breakdown below the $2,000 psychological level.

● Support Level: $1,650 (The localized bottom established early in the session; a failure here exposes the smart-contract layer to severe multiple compression).

Source: CoinMarketCap (ETH)

Altcoin Market Cap: -14.0%

● Current Valuation: $897 Billion

● Fluctuation Analysis: Aggressive Capitulation. The broader Altcoin sector suffered the most acute multiple compression, with high-beta majors like Solana (SOL), Avalanche (AVAX), and Cardano (ADA) dropping between 18% and 28% respectively. This synchronized capitulation indicates a complete absence of internal sector rotation; speculative capital is executing a hard pivot to safety, rapidly unwinding long-tail Web3 narratives in response to tightening financial conditions.

● Support Level: $850 Billion (A macro structural floor that must hold to prevent a total technical breakdown of the mid-to-small cap ecosystem).

Source: CoinGecko

Sectors Performance

The digital asset market is undergoing a broad short-term risk-off rotation, with capital moving away from higher-beta narratives and speculative infrastructure exposure. The sharpest weekly weakness is concentrated in Infrastructure (-17.6%), Artificial Intelligence (-16.3%), and Layer 2 (-16.0%), indicating active de-risking across growth-heavy and high-momentum categories despite still-elevated trading activity. DeFi (-11.3%) remains under pressure but is showing early relative stabilization on the 24h window, while RWA (-5.3%) continues to outperform on a relative basis, suggesting stronger institutional stickiness and more defensive market positioning. Overall, the sector trend still points to distribution rather than accumulation, with the recent bounce looking more like a short-term relief move than a confirmed reversal.

Source: CoinGecko(Top Crypto Categories By Market Cap)

HTX Ventures Angle: The synchronized, double-digit capitulation across Bitcoin, Ethereum, and major altcoins confirms a complete absence of internal sector rotation; capital is executing a hard pivot to safety. The fact that high-momentum narratives like AI and Layer 2s suffered the most severe multiple compression (-16% to -17%) proves the market is aggressively punishing speculative duration risk. However, the relative outperformance of Real World Assets (-5.3%) reinforces our thesis: capital is hiding in protocols with mathematically provable economic utility and institutional anchoring. We must leverage this drawdown to selectively acquire foundational infrastructure at distressed multiples while entirely avoiding long-tail consumer applications.

4/ Security Incidents

>Zcash Orchard Vulnerability Triggered a Severe Market Repricing

The Zcash ecosystem disclosed a critical Orchard counterfeiting vulnerability after security researcher Taylor Hornby discovered the issue. The fix was completed on 2 June, and the vulnerability was publicly discussed during the week. Because Zcash privacy design limits full supply-audit visibility, the ecosystem could not conclusively prove whether the bug had been exploited. ZEC sold off sharply following the disclosure. This incident is especially important because it shows that privacy-preserving systems face a unique auditability trade-off: stronger privacy can reduce external verification capacity during a security crisis.

> PiggyBank LAB Vault Drawdowns Highlighted Strategy and Risk-Control Failure

PiggyBank LAB reported abnormal vault drawdowns linked to basis-trading errors and suspected market-manipulation dynamics. PANews cited estimated NAV declines of approximately 15% for the USDC vault, 12% for SPYx, and 9% for JitoSOL. This was not a simple smart-contract hack; it was a portfolio construction and execution-risk failure. For DeFi yield products, the lesson is direct: investors must diligence strategy mechanics, liquidity assumptions, counterparties, oracle dependencies, and drawdown limits, not only smart-contract audits.

> IronWorm Supply-Chain Malware Targeted Developer and Web3 Infrastructure

Security researchers reported IronWorm, a Rust-based self-replicating malware campaign distributed through malicious npm packages. The malware targeted environment variables, cloud credentials, crypto wallets, SSH keys, and npm publishing tokens, with propagation behavior that could compromise developer workflows. This is highly relevant for Web3 because many protocols depend on open-source packages, CI/CD pipelines, GitHub workflows, and wallet-connected developer environments. Supply-chain compromise is becoming a protocol risk, not just an enterprise IT issue.

HTX Ventures Angle: This week’s security failures strictly redefine protocol risk parameters. The PiggyBank LAB drawdowns are a stark reminder that portfolio construction, oracle dependencies, and execution basis-risk are just as dangerous as flawed solidity code. Furthermore, the Zcash incident highlights a fundamental trade-off: aggressive privacy limits external verification capacity during a crisis, immediately breaking market trust. Finally, the IronWorm supply-chain malware proves that securing CI/CD pipelines and developer environments is now a critical security primitive. We must expand our technical due diligence to encompass execution strategy mechanics and supply-chain infrastructure, not just standard smart-contract audits.

5/ Corporate Actions

BTC/ETH DAT Movement

>Strategy’s Shift to Bitcoin Liquidity Management

Strategy’s latest update shows a more nuanced shift rather than a full move into active Bitcoin selling: after a rare 32 BTC sale used to support preferred-stock distributions, the company resumed accumulation by purchasing 1,550 BTC for approximately $101.3 million, bringing total holdings to 845,256 BTC. The key investment signal is that MSTR remains structurally long Bitcoin, but its capital stack is becoming more liquidity-sensitive as preferred dividends, common-share issuance, and cash-reserve management now sit alongside BTC accumulation as core priorities.

> BitMine’s Ethereum Treasury Expansion

BitMine’s latest material update is its upsized 9.50% Series A Perpetual Preferred Stock offering, priced at $80 per share for 3.5 million shares, with proceeds intended for general corporate purposes including additional ETH/digital asset purchases, staking and validator infrastructure expansion, working capital, Ethereum ecosystem investments, and potential common-stock repurchases. The investment read-through is that BMNR is clearly adopting a Strategy-style crypto treasury financing model, but centered on ETH; the upside is faster Ethereum treasury growth without immediate common-equity dilution, while the risk is the recurring preferred-dividend burden if ETH price performance, staking yield, or market liquidity weakens.

Strategic Web3 Integrations

> Mastercard Expanded Stablecoin Settlement Capabilities Across Multiple Stablecoins and Networks

Mastercard expanded its settlement capabilities to include multiple regulated stablecoins, including USDC, PYUSD, USDG, USDP, RLUSD, and SoFiUSD, across networks such as Ethereum, Solana, Polygon, Base, Arbitrum, Canton, Tempo, and XRPL. The expansion also involves partners including Cross River, Lead Bank, CBW Bank, ARQ, and Nuvei. This is one of the clearest signals that stablecoins are becoming institutional settlement infrastructure rather than only crypto trading collateral.

Franklin Templeton and MoonPay Integrated Tokenized Money Market Access

Franklin Templeton and MoonPay announced a partnership to expand institutional access to tokenized money market funds through MoonPay Trade and Franklin Templeton’s BENJI platform. This is strategically important because it connects regulated asset management with crypto-native distribution. The implication is that tokenized fund products are increasingly moving from passive pilots into embedded liquidity infrastructure.

> Charles Schwab Expanded Nearly 24/7 Crypto Futures Trading on thinkorswim

Charles Schwab announced that select cryptocurrency futures, including Bitcoin, Ether, Solana, and Ripple products, are now available for nearly 24/7 trading on thinkorswim platforms. This is a significant retail-brokerage development because it brings always-on crypto futures access into a mainstream brokerage environment. For the market, the long-term effect is greater convergence between traditional futures infrastructure and crypto-native trading hours.

> Binance Futures Added New U.S. Equity-Linked Perpetual Contracts

Binance Futures launched additional USDⓈ-M perpetual contracts linked to traditional listed equities, including DELL, IBM, NOW, CRM, IREN, and ONDS. This continues the exchange-level trend of merging crypto-native perpetual mechanics with traditional equity exposure. It also shows that offshore and global platforms are moving quickly to capture synthetic equity demand before regulated U.S. markets fully mature similar products.

HTX Ventures Angle: The line between corporate finance, legacy payment networks, and digital asset treasuries has officially been erased. BitMine utilizing high-yield preferred equity (9.50%) to aggressively scale an Ethereum treasury proves that TradFi capital markets are actively funding on-chain staking yield strategies. Concurrently, Mastercard integrating multi-chain stablecoin settlement and Franklin Templeton plugging tokenized money markets into MoonPay confirms that stablecoins are now mission-critical institutional settlement rails, not just trading collateral. As offshore exchanges like Binance syntheticize U.S. equities, the race for global, 24/7 liquidity convergence is accelerating.

6/ New Launches & Unlocks

> Eigenlayer (EIGEN) unlocked approximately 1.29 million tokens. This accounts for 0.42% of its existing circulation, valued at roughly $1.7 million.

Taiko (TAIKO) unlocked approximately 81.55 million tokens. This massive unlock represents 69.37% of its existing circulation and is valued at about $46.9 million.

> Spectral (SPEC) unlocked approximately 3.62 million tokens. This accounts for 17.57% of its existing circulation and is valued at about $3.7 million.

7/ VC & Funding

In the global blockchain sector, there were 5 investments and financing events recorded, with the total funding amount exceeding US$84 million.

Some major highlights:

SignalPlus: US$50 Million Series B1 at US$500 Million Post-Money Valuation

SignalPlus closed a US$50 million Series B1 round at a US$500 million post-money valuation. The round was led by HashKey Capital, with follow-on participation from BlockBooster and AppWorks, while Goldman Sachs served as sole financial advisor. SignalPlus provides institutional-grade digital asset options and derivatives trading infrastructure, including position management, order execution, risk attribution, and strategy analytics. The raise is highly relevant because derivatives infrastructure remains one of the few crypto categories with clear institutional willingness to pay, especially as regulated and professional trading demand expands.

WasabiCard: Pre-A Financing Brings Cumulative Funding Close to US$10 Million

Stablecoin payment infrastructure platform WasabiCard completed a Pre-A financing round with participation from Vision Plus Capital and 01VC, following earlier Seed backing from Vernal Capital and Avenir Group. The company said cumulative funding is now close to US$10 million. WasabiCard provides global card issuing, enterprise payouts, multi-currency settlement, and stablecoin payment infrastructure. The company also disclosed more than 500 enterprise clients, over 500,000 issued cards, and more than US$1 billion in processed transaction volume. This is a strong example of capital moving toward stablecoin infrastructure with direct real-world payment utility.

HTX Ventures Angle: A multi-year low in venture funding ($84M) strictly mirrors the macro liquidity drought. However, the capital that is being deployed is highly strategic. SignalPlus raising $50 million at a half-billion-dollar valuation proves that institutional derivatives infrastructure is one of the few categories with a clear, proven willingness to pay. Similarly, WasabiCard’s ability to raise capital backed by $1 billion in real-world processed volume demonstrates that VCs are demanding verifiable traction and cash-flowing business models. We must maintain absolute discipline, funding only founders building revenue-generating infrastructure and institutional onboarding ramps.

8/ HTX Ventures Portfolio News

>RedStone Implements SEP-40 Oracle Standard on Stellar for RWA Scaling

RedStone has deployed the SEP-40 oracle standard on Stellar, providing interoperable, high-frequency pricing for the network’s rapidly growing RWA ecosystem, which has quadrupled to over $2B in tokenized assets in the past year. This unified pricing interface enables protocols to integrate standardized data for collateral markets, liquidations, and composability without custom adapters, reducing fragmentation and supporting institutional-grade onchain RWA infrastructure as Stellar transitions from issuance to functional DeFi usage.

Ramp Network Integrates Monad for Seamless Fiat On/Off-Ramps

Ramp Network has launched support for Monad, enabling users to buy, sell, and swap MON, USDC, USDT0, and AUSD directly with one tap from their bank account — no bridges or new wallets required. As one of the most credible new high-performance EVM chains, Monad benefits from Ramp’s infrastructure connecting fiat and crypto across 150+ countries, with users also able to earn up to 5 USDC in rewards through the integration.

9/ Watchlists (June 10 — June 12, 2026)

Macro & Regulatory

● Jun 10: Macro Data & Global Rates — The U.S. will release the highly anticipated May Consumer Price Index (CPI). Concurrently, the Bank of Canada is scheduled to announce its latest interest rate decision, providing critical forward guidance on global monetary easing.

● Jun 11: Macro Data & European Policy — The U.S. will publish its May Producer Price Index (PPI) and initial jobless claims. Following this, the European Central Bank (ECB) will deliver its own pivotal interest rate decision.

● Jun 12: Public Markets Mega-IPO — SpaceX is targeting a June 12 Nasdaq listing under the ticker “SPCX,” with market reports indicating a valuation range around $1.75T–$1.8T. If completed as planned, the IPO could absorb a meaningful amount of risk appetite and influence broader sentiment toward high-growth technology and crypto-linked assets.

● Jun 12: Regulatory Enforcement — Major retail brokerages Futu and Tiger Brokers will officially pause all buy-side trading and capital deposits for mainland Chinese accounts, marking a significant enforcement of cross-border capital controls.

Crypto-Specific

● Jun 10: TradFi Convergence — Binance is scheduled to launch its Fully Paid Securities Lending (FPSL) product, allowing eligible users to lend fully owned securities for income while temporarily giving up proxy voting rights.

● Jun 10: Major Unlocks — HOME will unlock a massive ~19.79% of its circulating supply (valued at ~$40.2M) Magic Eden (ME) unlocks approximately $10.4M.

● Jun 11: Derivatives Infrastructure — Bybit will permanently transition its Open Interest (OI) calculation methodology from double-sided to single-sided counting. This structural update aligns with institutional derivatives reporting standards and will temporarily alter the optical size of exchange-wide leverage.

● Jun 12: Token Unlock — Aptos (APT) will unlock approximately 11.31 million tokens, representing ~0.67% of its circulating supply (valued at ~$7.6M).

References

1.SignalPlus. (2026, June 1). SignalPlus closes B1 round at US$500M valuation to accelerate global expansion and advance derivatives trading technology. PR Newswire. https://www.prnewswire.com/news-releases/signalplus-closes-b1-round-at-us500m-valuation-to-accelerate-global-expansion-and-advance-derivatives-trading-technology-302787253.html

2.WasabiCard. (2026, June). WasabiCard, payment unicorn-in-the-making, closes Pre-A backed by Vernal Capital, Avenir Group, Vision Plus Capital and 01VC. EQS News. https://www.eqs-news.com/news/corporate/wasabicard-payment-unicorn-in-the-making-closes-pre-a-backed-by-vernal-capital-and-avenir-group-vision-plus-capital-and-01vc/b4a8f2c9-875c-4b54-bd16-19d1a059e347_en

3.Reuters. (2026, June 4). SpaceX tells banks it won’t move its $135-a-share IPO price. https://www.reuters.com/legal/transactional/spacex-tells-banks-it-wont-move-its-135-a-share-ipo-price-2026-06-04/

4.University of Michigan. (2026). Surveys of Consumers: Data release dates. https://www.sca.isr.umich.edu/

5.U.S. Bureau of Labor Statistics. (2026). Schedule of releases for the Consumer Price Index. https://www.bls.gov/schedule/news_release/cpi.htm

6.U.S. Bureau of Labor Statistics. (2026). Producer Price Index home. https://www.bls.gov/ppi/

7. Bank of Canada. (2026). Scheduled dates for interest rate announcements. https://www.bankofcanada.ca/core-functions/monetary-policy/key-interest-rate/

8. European Central Bank. (2026). Monetary policy decisions. https://www.ecb.europa.eu/press/govcdec/mopo/html/index.en.html

9.Zcash Community Forum. (2026, June). The Orchard counterfeiting vulnerability and next steps. https://forum.zcashcommunity.com/t/the-orchard-counterfeiting-vulnerability-and-next-steps/56015

10. PiggyBank. (2026, June). PiggyBank LAB vault drawdown statement. X. https://x.com/piggybank_fi/status/2063227763134279983

11. JFrog Security Research. (2026, June). IronWorm: Shai-Hulud’s rustier cousin. https://research.jfrog.com/post/iron-worm-shai-hulud-rustier-cousin/

12.Mastercard. (2026, June 3). Mastercard expands settlement capabilities to include stablecoin. https://www.mastercard.com/us/en/news-and-trends/press/2026/june/mastercard-expands-settlement-capabilities-to-include-stablecoin.html

13. Franklin Templeton. (2026, June 3). Franklin Templeton and MoonPay partner to expand institutional access to tokenized money market funds. https://www.franklintempleton.com/press-releases/news-room/2026/franklin-templeton-and-moonpay-partner-to-expand-institutional-access-to-tokenized-money-market-funds

14. Charles Schwab. (2026, June 3). Schwab announces latest round of enhancements to retail trading experience. https://pressroom.aboutschwab.com/press-releases/press-release/2026/Schwab-Announces-Latest-Round-of-Enhancements-to-Retail-Trading-Experience/default.aspx

15. Binance. (2026, June 3). Binance Futures will launch USDⓈ-M DELL, IBM, NOW, CRM, IREN and ONDS perpetual contracts. https://www.binance.com/en/support/announcement/detail/d77e2d77ea21405d9ef2cd7c6974ea5f

16.U.S. Bureau of Labor Statistics. (2026, June 5). The employment situation — May 2026. https://www.bls.gov/news.release/archives/empsit_06052026.htm

17. Reuters. (2026, June 5). Strong May jobs number sends yields, rate expectations higher. https://www.reuters.com/business/view-strong-may-jobs-number-sends-yields-rate-expectations-higher-2026-06-05/

18. Reuters. (2026, June 3). US economic activity, inflation both up in recent weeks, Fed survey shows. https://www.reuters.com/business/us-economic-activity-inflation-both-up-recent-weeks-fed-survey-shows-2026-06-03/

19.U.S. Securities and Exchange Commission. (2026). Draft strategic plan FY2026–FY2030. https://www.sec.gov/files/draft-strategic-plan-fy26-fy30.pdf

20. Hong Kong Monetary Authority. (2026, June 5). HKMA establishes Tokenised Bond Expert Group. https://www.hkma.gov.hk/eng/news-and-media/press-releases/2026/06/20260605-3/

21. Maeil Business Newspaper. (2026, June 5). South Korea adjusts virtual asset transfer reporting rules. https://www.mk.co.kr/en/stock/12066752

22. Financial Conduct Authority. (2026). Warning list: Hyperliquid. https://www.fca.org.uk/consumers/warning-list-unauthorised-firms

23.Van Straten, J. (2026, June 8). MSTR buys 1,550 BTC, boosts cash reserves to $1 billion. CoinDesk. https://www.coindesk.com/markets/2026/06/08/strategy-buys-1-550-bitcoin-boosts-cash-reserves-to-usd1-billion?utm_source=chatgpt.com

24.BitMine Immersion Technologies, Inc. (2026, June 5). BitMine Immersion Technologies announces pricing of upsized Series A perpetual preferred stock offering. TradingView. https://www.tradingview.com/news/chainwire%3A7802a3ba4094b%3A0-bitmine-immersion-technologies-announces-pricing-of-upsized-series-a-perpetual-preferred-stock-offering/?utm_source=chatgpt.com