1. The US SEC will review executive compensation disclosure rules
Odaily Planet Daily reports that the US SEC announced it will hold a roundtable on June 26 with representatives from listed companies, investors, and experts in relevant fields to discuss executive compensation disclosure requirements. The statement noted that the disclosure requirements for executive compensation are continuously expanding, increasingly focusing on changes in the components of compensation rather than the total amount. 'It is unclear whether the increased complexity provides investors with critically important additional information for investment and voting decisions.' The US SEC stated that a retrospective review of executive compensation disclosure rules is necessary to ensure these rules remain cost-effective while disclosing key information and avoiding excessive non-essential information. -Original
2. An Alabama man was sentenced for hacking the SEC and publishing false ETF news
The hacker attack in January 2024 caused Bitcoin's price to briefly surge by $1,000, but it plummeted again a few minutes later. -Original
3. The total net inflow for the US Ethereum spot ETF reached $41.8 million
This week, the US Ethereum spot ETF saw a total net inflow of $41.8 million. -Original
4. ETH may have hit bottom, and the altcoin season may begin
CryptoQuant tweeted that Ethereum may have hit bottom compared to Bitcoin. The ETH/BTC ratio surged 38% from a five-year low. Demand is rising, selling pressure is decreasing, and ETFs are accumulating. This may signal the beginning of altcoin season. -Original
5. Coinbase analysts say market interest in ETH is limited
Coinbase analyst David Duong tweeted that what he wrote Thursday night still applies: "The rise in ETH is mainly driven by technical factors, reflecting a significant number of incorrect market positions, short covering, and subsequent repositioning as ETH's price catches up with similar assets like BTC and SOL. Nevertheless, we believe overall market interest in allocating ETH remains relatively limited." -Original
6. Hong Kong police dismantle a virtual asset money laundering group
Hong Kong police launched an operation codenamed Night Raid to dismantle an active money laundering boundary crime group operating in mainland China and Hong Kong. The group recruited mainland individuals to open bank accounts in Hong Kong to benefit from fraud cases and then arranged for them to withdraw cash to exchange for cryptocurrency at virtual asset exchange stores to launder money. 12 men and women were arrested during the operation, involving criminal proceeds of 118 million yuan. Hong Kong's Commercial Crime Bureau's Fraud Investigation Unit Chief Inspector Lo Yuen-shan stated that from July 2024 to May 2025, the crime group recruited mainland individuals to act as puppet account holders, mainly to receive proceeds from various types of fraud. During this period, they laundered 118 million yuan using over 500 bank accounts. Of this, 10 million yuan has been confirmed as part of the criminal proceeds from 58 reported fraud cases, where victims lost approximately 43.2 million yuan. -Original
7. The Movement Labs and Mantra scandal shakes the market
Forced liquidations, hidden contracts, and secret transactions are prompting a reevaluation of the structure of liquidity and who is trustworthy. -Original
The above is a selection of hot topics from the past 24 hours. For faster news, please download AiCoin (aicoin.com)
