South Korean retail investors sold more than 1 trillion won worth of overseas stocks in the first week of June, according to data released on Sunday. According to Odaily, Korea Securities Depository (KSD) data showed retail investors recorded net sales of $793.67 million in overseas stocks during the first week of June, extending a net-selling trend that began in April. The early-June net sales were well above April’s net sales of $469 million and were close to the record $939.77 million posted in May. If the trend continues through the end of this month, it would mark a third consecutive month of net selling, the first such stretch since April to July 2023. The report said the selling may indicate retail investors could return to South Korean equities following record gains led by semiconductor stocks.

OpenAI is preparing its largest revamp of ChatGPT since the product launched, the Financial Times reported. According to Jin10, the company plans to reposition ChatGPT as a “super app” that combines coding tools and AI agents. The report said OpenAI also plans to add products that executives believe can generate more revenue.

Serenity said in a post on X that its investment style relies on independent judgment, aiming to identify industry trends that the market has not yet broadly agreed on and to form high-conviction views based on real-world observation, industry research, and revenue forecasts. According to Odaily, Serenity cited Raspberry Pi as an example, saying that while many investors still viewed it mainly as education and DIY hardware, it observed more developers using Raspberry Pi and Apple Mac Mini to deploy AI applications and verified this trend through online tutorials, leading it to conclude AI would become a new growth driver for the company. Serenity said the company’s subsequent earnings report showed revenue rose 58% year over year, exceeding the market’s prior expectation of 14% growth. Serenity said its investment view on AXT is based on research into the indium phosphide substrate supply chain and expectations of a photonics “supercycle.” It said AXT holds about a 40% share of the indium phosphide supply chain and occupies a key bottleneck position, adding that its long-term value is underestimated. For X-FAB, Serenity said its thesis remains in a validation stage. It said it found indications in government documents, ASE materials, and supply-chain information that X-FAB is becoming an important participant, and that Nvidia is evaluating its related capabilities. Serenity said it will continue monitoring in the coming months for additional evidence to support this investment logic. Serenity added that many current investment opportunities come from synthesizing fragmented information, real-world trends, and industry changes, rather than relying only on traditional valuation models.

Circle’s website data show that about 7.7 billion USDC were issued and about 8.3 billion USDC were redeemed during the week ending local time June 4. According to Foresight News, the data also indicate USDC circulation increased by about 600 million during the period. As of local time March 19, USDC circulation stood at about 75.5 billion, and the value of reserve assets was about $75.7 billion.

A wallet tagged as Hex Trust withdrew 19.84 million H from multiple exchanges over the past 20 hours, according to monitoring by Ai Yi. According to Foresight News, the address has accumulated about 182 million H over the past two days, representing 6.42% of H’s circulating supply.

On June 6, the New York Knicks, playing away, narrowly defeated the San Antonio Spurs 105-104 in Game 2 of the NBA Finals. The Knicks, not considered favorites before the Finals began, beat the Spurs 105-95 in their opening game on the road.

SpaceX has signed computing power leasing agreements with Anthropic (US$1.25 billion per month) and Google (US$920 million per month).

Privacy, technology, hacking attacks, privacy coin giant Zcash crashes? Zcash suffers shocking "fake" vulnerability, making it hard to distinguish the real from the fake. Golden Finance, Zcash has had a tough week.

This week, 12 blockchain startups completed funding rounds, raising a total of $73.8 million. SignalPlus raised $50 million, the largest funding round of the week.

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse at 8 AM," issue 3082, providing you with the latest and fastest news on the digital currency and blockchain industry.

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance, covering key news, market and contract data, mining information, project updates, technological advancements, and other industry dynamics.

The chairman of Bitmine stated that DeFi and AI will drive the Ethereum network value to the trillion-dollar level, and the current price is a "future option discount".

US stocks, BTC, investment, US stock market crash? Is it time to buy Bitcoin? Jinse Finance, what have KOLs on X been talking about in the past 24 hours?

US chip stocks suffered a sharp decline, and market optimism about the future demand for AI has been significantly shaken.

This article analyzes the cross-platform lead-lag relationship of 29 cryptocurrency perpetual contract markets and delves into the architecture of Perp DEX.