小k说

This Thursday (June 13), the U.S. dollar stablecoin USDC issuer Circle will go public on the NYSE under the stock code CRCL, seeking to raise a maximum of $896 million. On the eve of the listing, the stock price of China's Everbright Holdings surged 44% in five days, unexpectedly revealing Circle's eight-year secret relationship with Chinese capital.

One, The Chinese Capital Chess Game Behind Everbright's Surge
2016 was a key year for Chinese capital's deep involvement in Circle:
- IDG Capital continuously led the Series C and D rounds, with Baidu, Everbright Holdings, Wanxiang, and CICC collectively co-investing;
- IDG founder Xu Xiaoge bluntly stated: 'Investing in Circle is about bringing American technology back to China';

Big news! Just yesterday (June 2), FOX's star financial reporter Eleanor Terrett dropped a bombshell - the U.S. Senate may vote on the (GENIUS Act) this week! (Note: This is the first time in history that stablecoins will have national-level legislation!)

It is said that bipartisan lawmakers are now locked in a room negotiating amendments, and the latest polls show the public is urging swift action. After the Senate resumes today, they are supposed to vote on a defense official nomination, but in reality, everyone is focused on this act. Republican leaders have directly stated: The Senate must pass it this week!

xdm, James Wynn is crazy!!! Xiao K saw on ARKHAM that James recharged 203.7 billion PEPE to Binance Exchange again 2 hours ago, worth 2.82 million US dollars; in the past 3 hours, a total of 443.7 billion PEPE has been transferred to the exchange, with a total value of 6.17 million US dollars. This address opened a position at a low point on the first day of PEPE's launch, with a return rate of more than 4721 times. Before today's sell-off, there had been no PEPE spot operations for 1 month.

ARKHAM on-chain monitoring: https://intel.arkm.com/explorer/address/0x441730ecf7a60f78FE81C13964A7E19392f653D8
As of 9:33 am today, 24 hours after James Wynn retired from the market yesterday, his position on Hyperliquid has lost $14.77 million in 24 hours, giving back more than half of his total profit. As of 10:15 am today, James Wynn's total historical profit on Hyperliquid has retreated to around $9.12 million, a significant reduction from the $25 million before his brief exit yesterday, with a retreat of about 63.5%. In just one day, the money lost is enough for Xiao K to make in ten lifetimes.

It's so exciting xdm. From May to now, Hyperliquid has collected a total of 55.4 million US dollars in fees. On May 21, the fees and agreement income reached the peak since 2025, with a single-day fee of 4.65 million US dollars. This was the day when James and Insider opened a counter-trade and the position reached 1.2 billion for the first time.
Hyperliquid’s transaction fee is calculated based on the rolling transaction volume of the past 14 days. The basic fee rate for Takers with a transaction volume of more than 2 billion US dollars is 2.6 per 10,000. James alone can contribute hundreds of thousands of dollars in transaction fees, and there are also a lot of intangible benefits such as platform exposure. At the same time, HYPE also set a new record high, with a 24-hour increase of 14.2%. What a win!!!

Phenomenon Chapter: Top-tier Gathering or Scythe Feast?
On May 22, the Trump National Golf Club in Washington was brightly lit, hosting a banquet dubbed the 'Oscars of the Crypto World' that went viral online! The entrance ticket costs a staggering $148 million! The top 220 holders of TRUMP coin spent heavily to enter, with Sun Yuchen pouring in $20 million to secure the top spot, Wintermute squeezed into the top three with 400,000 coins, and there was even a 'lucky guy' Morten who made it to 188th place with just a $1,200 transaction fee!

The banquet scene was star-studded: Justin Sun, the Delphi duo, former NBA star Lamar Odom, Magic Eden CEO, and other top-tier figures appeared ✨ After the event, there were White House VIP tours and TRUMP NFT souvenirs, which could be called the 'Emperor Experience Card' of the crypto world! However, outside protesters raised signs reading 'Crypto Corruption', and Democratic lawmakers fired back overnight; is this operation an industry feast, or a celebration for the scythes?

xdm, Little K's instant noodles just made are already cold—Sui's largest DEX Cetus was hacked for 260 million USD! The hacker is crazily laundering money across chains, SUI tokens collectively plummeted over 80%+. Is this a technical vulnerability or an inside job? Little K, holding a trembling coffee, brings you live coverage!

1. Event overview: How did 260 million USD evaporate?
🕵️ Attack method: Again with a calculation precision vulnerability! (Old trick QAQ).
💰 Amount stolen: 223 million USD confirmed, 162 million urgently frozen (recovered a little bit).
🚨 Market reaction:
- SUI suddenly plummets 7%, shit coin skyrockets (SQUIRT down 96%!).