The UK Financial Conduct Authority (FCA) has cautioned Premier League clubs about potential legal liabilities, money laundering risks, and reputational damage from sponsorship deals with unauthorized crypto firms. According to BeInCrypto, the warning comes just eight days before the 2026 World Cup, a period of heightened global football attention. Last season, crypto firms spent a record £130 million ($170 million) on Premier League sponsorships, with 14 out of 20 clubs partnering with crypto or blockchain entities. The FCA has contacted clubs where concerns were identified and signaled possible enforcement actions. Fans using unregulated firms risk losing their money without access to compensation schemes.

Polymarket recently concluded a vote with a "No" outcome, supported by approximately 98.6% of the voting power, regarding whether Strategy would sell any bitcoin by May 31. According to NS3.AI, the disputed market focused on Strategy's potential bitcoin sale. However, Strategy revealed in a June 1 8-K filing that it sold 32 BTC for around $2.5 million between May 26 and May 31.

Sunshine Refinery, a U.S. silver mining company, has conducted its initial public offering (IPO) in the United States, raising $270 million at the lower end of its pricing range. According to Jin10, the funds are expected to be used to restart production at a mine in Idaho. The company has retained the necessary permits for the resumption of mining and processing operations at the Sunshine Mine, which previously produced silver, antimony, copper, and lead before ceasing operations in 2001. The company plans to restart operations at the Idaho site in 2028. Over the past year, spot silver prices have more than doubled, driven by safe-haven demand, central bank purchases, and increased industrial use in data center cooling and solar panel sectors. Silver prices reached a historic high in January. Sunshine Refinery is also set to benefit from the growing demand for antimony, a critical mineral widely used in military, electronics, and data center industries. Sunshine Refinery anticipates that in the first five years following the mine's restart, it will achieve an average annual revenue of approximately $311 million and an average annual EBITDA of about $230 million.

According to Odaily, on-chain data reveals that a trader, known as 麻吉大哥, has opened a long position in Ethereum (ETH) valued at $3.16 million. The position was established at an average price of $1,811 per ETH, with a liquidation price set at $1,762. The position currently shows an unrealized loss of $6,838.

On June 4, Huang Licheng, known as 'Machi Big Brother,' has increased his Ethereum holdings, according to BlockBeats On-chain Detection. Hyperingisht monitoring reveals that Huang Licheng added to his long positions an hour ago, bringing his total holdings to 1,775 ETH. Despite the current market conditions, his position is experiencing an unrealized loss of $6,838, with an average entry price of $1,811 per ETH.

Saturn Foundation has announced that its DeFi digital lending protocol remains unaffected by the recent de-pegging incidents involving other STRC-backed stablecoins and protocols. According to Foresight News, the foundation emphasized that its products, USDat and sUSDat, are designed with a specialized risk isolation mechanism, ensuring their independence from the risks associated with other protocols.

Zcash appeared to have suddenly gone off the radar this week after the privacy-focused blockchain went more than four hours without producing a new block, triggering fears of a major network outage and leaving transactions stuck without confirmation.

SpaceX plans to raise a record US$75 billion in an IPO valuing the company at about US$1.77 trillion. The company has set a US$135 share price before its roadshow, while Elon Musk is expected to retain strong control after the listing.

The CLARITY Act, originally intended to protect traditional banks, has unexpectedly spawned an alternative compliance path for stablecoins.

The New York Stock Exchange is learning from a cryptocurrency exchange that it can't even use.

The Federal Reserve's Beige Book delivered a mixed signal: the U.S. economy still has the momentum to achieve 2% growth this year, but inflationary pressures are spreading to multiple sectors. The job market is generally stabilizing, but structural changes are taking place, while inflation remains high.

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse 8 AM," issue 3078, providing you with the latest and fastest news on the digital currency and blockchain industry.

McKinsey predicts that by 2030, AI agents will facilitate $3 trillion to $5 trillion in global consumer business transactions.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse industry.

Trump: After peace talks broke down, the specter of World War III returned to the Middle East. Golden Finance: Iran, Hezbollah, and Israel are back on the path to war.

The battle for control of South Korean cryptocurrency exchanges began amidst this contrast.