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6/8
01:17
Svmuu reported that “New Stock God” Serenity stated in a post that they believe Leaderdrive (688017) is one of the competitive core component enterprises in China's humanoid robot industry chain.
Serenity pointed out that, compared to companies engaged in assembly or the production of low-value-added components, Leaderdrive holds an advantage in fields with high technical barriers, such as harmonic reducers. The company is also expected to benefit from the growing demand for high-value components like planetary roller screws. Serenity believes Leaderdrive possesses characteristics such as a layout covering multiple types of core components, high entry barriers, and mass production capabilities.
However, Serenity also noted that the company still faces risk factors in the future, including competition from other Chinese companies for market share in specific component segments and a potential decline in profit margins after scaling up production. He believes that if the humanoid robot industry achieves rapid expansion in the coming years, Leaderdrive is likely to benefit from the industry's growth and is therefore better suited for observation from a long-term perspective.
01:16
SvmuuNews According to official announcements, BitMart Contracts will list KIOXIAUSDT, TOKYOELUSDT, SUMIELECUSDT, ADVANTESTUSDT, LASERTECUSDT, DOOSBOTUSDT, DOOSENERUSDT, and VOLXUSDT perpetual contracts on June 8, 2026, at 15:00 (UTC+8), supporting up to 20x leverage.
01:10
Svmuureports that Solidity security researcher Quit disclosed details of the Flooring Protocol vulnerability, stating that the attacker exploited a flaw in the ownership verification logic of the BT404-style accounting ledger to create a "ghost ownership" state. This was combined with multiple integer underflow vulnerabilities to obtain an unlimited fpToken balance, ultimately selling off tokens and draining the protocol's liquidity.
Quit stated that after discovering another attack vector that could affect more liquidity pools, he and several other security researchers launched a white hat rescue operation, transferring assets from the vulnerable Flooring Protocol pools. Ultimately, 66 NFTs were rescued, including 29 BAYC, 4 MAYC, 2 CryptoPunks, 1 Azuki, 2 Elementals, 26 Captains, 1 Moonbird, 2 Doodles, and 1 BAKC, with a total value exceeding $500,000.
Quit warned users not to deposit any more NFTs into Flooring Protocol and stated that the relevant NFTs will be returned to their legitimate holders within the coming weeks.
01:04
Svmuu News: According to Iran's Mehr News Agency, Yemeni media reports that the Yemeni Armed Forces will issue an important statement within hours.
00:54
SvmuuNews Bitwise CEO Hunter Horsley posted on X platform, stating that practitioners in the crypto field need to adopt a longer-term perspective. Non-trading investors do not need to focus on weekly news headlines or monthly prices, but should instead concentrate on substance and an annual time frame, including usage, on-chain technologies with product-market fit, integration and development progress by large enterprises and institutions in the field, team quality, and execution capability.
He pointed out that development in this field will not follow a straight upward line, but from 2022 to 2026, substantive progress is undeniable. Bitwise CEO Hunter Horsley emphasized that this is a long-term game, and the results will naturally unfold.
00:52
Svmuureports that the MGBX platform will launch the "First Event Contract Loss Compensation Campaign" from June 8 to June 14, 2026 (SGT), targeting users trading event contracts for the first time. During the campaign, users who complete their first event contract trade via the MGBX APP will receive a compensation of 50% of any losses incurred on that order, with a maximum compensation of 100 USDT in cash per user.
Event contracts are ultra-short-term prediction-type derivatives. Users only need to predict the price direction of the underlying asset to participate in trading, without needing to calculate opening price, leverage, margin, or liquidation price.
00:46
Svmuu News: According to an official announcement, Binance Futures will launch eight USDT-denominated perpetual contracts in phases starting June 8, 2026, including BXUSDT, HPEUSDT, AMATUSDT, CRWDUSDT, CRDOUSDT, AAOIUSDT, IWMUSDT, and AXTIUSDT. These contracts track the stock prices of Blackstone, Hewlett-Packard Enterprise, Applied Materials, CrowdStrike, Credo Technology, Applied Optoelectronics, iShares Russell 2000 Index Fund, and AXT Inc., respectively, with a maximum leverage of 20x. with a funding rate cap of ±2.00% and a settlement frequency of once every 8 hours.
00:37
Svmuu: An explosion has occurred at the Karun Petrochemical Complex in Iran's Khuzestan province.
Provincial officials in Iran confirmed that Israeli missile strikes damaged the Karun petrochemical plant. (Jin Shi)
00:14
Svmuu reports that OKX market data shows BTC has broken through 63,000 USDT and is currently trading at 63,006.3 USDT, with a 24H increase of 2.37%.
00:07
Svmuu News: Israeli military confirms missiles have been launched from Iran towards Israeli territory. (Jin Shi)
00:03
According to Svmuu, silver prices have pulled back following a strong surge in the early period. Data from the Gate platform shows that the 24-hour high for Silver (XAG) reached $68.78 and is currently trading at $67.83. CoinGlass data indicates that the 24-hour trading volume for Gate XAG contracts reached $49.873 million, a growth of 794.70% compared to the previous period, ranking it among the top three globally. Furthermore, the open interest for these contracts stood at $68.1297 million, securing the second position globally.
Gate has pioneered its metal perpetual contract and CFD contract trading segment, covering mainstream metal trading instruments such as Gold, Silver, and Platinum, and supports 7×24 trading with USDT settlement. Leveraging Gate's innovative unified account system, users can allocate diverse assets including stocks, metals, forex, indices, and commodities without the need for cross-platform operations, aiding users in achieving more flexible and efficient one-stop global asset strategy allocation amidst volatile market conditions.
6/7
23:57
Svmuu, Citrini analyst jukan posted on platform X, revealing that Bernstein is very optimistic about the pricing of HBM4 in 2027, anticipating that the price will rise to $53 per GB when Vera Rubin achieves volume shipments.
23:49
Svmuu reported that as the market begins to rebound, the 22-game winning streak trader pension-usdt.eth increased their ETH short position by 10,000 ETH, worth $16.8 million, 9 hours ago. Their total short position has now grown to 60,000 ETH, valued at $101 million. This trader has accumulated profits exceeding $45 million.
23:39
Svmuu reported that Arthur Hayes posted on platform X, responding to Onchain Lens's monitoring of "Arthur Hayes suspected of buying HYPE, withdrawing nearly 340,000 HYPE," stating, "I didn’t buy shit."
23:37
Svmuu reports that Greenshine Harmonic has broken through 449 yuan, surging over 12% intraday, and is now reported at 440 yuan.
Previous news: "New Stock God" Serenity calls Greenshine Harmonic again: stock price is still severely undervalued, but I cannot predict short-term volatility.
23:23
Svmuu Seer monitoring shows that Polymarket has launched a new prediction event titled "Was Zcash's Orchard privacy pool confirmed to have been exploited?"
On June 4, Zcash's core development team revealed that they had deployed an emergency network upgrade to fix a critical cryptographic vulnerability in the Orchard privacy pool. This flaw could have potentially allowed a malicious attacker to arbitrarily forge unlimited amounts of ZEC. Due to the vulnerability's characteristic that "it is impossible to cryptographically prove whether it was exploited in the past," independent support organization Shielded Labs subsequently proposed on June 5 to deploy a new privacy pool during the NU7 upgrade at the end of July. They also suggested implementing strict "Turnstile-accounting" audits for tokens exiting Orchard to investigate whether any forged tokens exist. According to the settlement rules for this prediction event, if before December 31, 2026, official sources or mainstream credible media confirm that the vulnerability was effectively exploited on the mainnet before being patched, the event will settle as YES.
Svmuu Seer continues to monitor prediction markets, seeing changes before pricing.
23:16
Goldman Sachs’ chief Asia-Pacific equity strategist Timothy Moe stated that the South Korean stock market is expected to rebound after a circuit-breaker-triggering sell-off. In the long run, this will prove to be a technical correction, albeit a frightening one within a prolonged bull market. Fundamentals remain very strong.
The Korea Composite Stock Price Index (KOSPI) plunged as much as 8.8% on Monday, leading the decline among Asian tech stocks. This drop occurred after a strong rally fueled by optimism over artificial intelligence, during which many investors used leverage to chase gains in a handful of semiconductor and tech stock sectors.
Moe noted: “There were clear signs of increasing speculative activity, particularly among South Korean retail investors who were especially keen on buying some leveraged ETFs. What we are seeing now is that these accumulated positions are being forced to sell, and the leverage effect is further exacerbating the decline.” Last week, Goldman Sachs raised its outlook for the South Korean and Taiwanese stock markets, citing expectations that the AI boom will drive profit growth in these tech-heavy markets. Moe added on Monday that valuations of South Korean stocks are very reasonable and expects potential profits to continue fueling growth. (Jin Shi)
23:07
Svmuureported on June 5 that the UK High Court held a procedural hearing on the asset disposal related to the Qian Zhimin case. Concerning the approximately 60,000 bitcoins involved in the case, around 16,000 Chinese victims have registered through multiple UK law firms to participate in the civil recovery process under the UK's Proceeds of Crime Act. The relevant registration window closed on May 22.
A key issue addressed during this hearing was how multiple law firms would share the joint litigation costs. The judge ultimately decided that each law firm must deposit a proportional share of £190,000 into the court account based on the number of victims they represent, with a deadline of June 26 at 4:00 PM. A dedicated hearing on the "applicable legal issues" to determine whether the Chinese victims can claim ownership of the assets involved in the case will be held in July. (Caixin)
22:48
Svmuu News: AI startup Moonshot AI is seeking to raise up to $2 billion in a new funding round, which would value the company at $30 billion. Moonshot AI has already entered early-stage talks with potential investors and plans to raise over $1 billion. Meanwhile, the company is nearing the completion of a funding round led by Meituan, which values it at $2 billion.
As of April, Moonshot AI's annualized recurring revenue had exceeded $200 million, driven by increased demand for its Kimi chatbot and large language model. Additionally, the company is dismantling its offshore structure to pave the way for an initial public offering in Hong Kong, and plans to establish a joint venture structure to allow foreign capital to participate. The company recently launched Kimi Work, a general-purpose AI agent based on its K2.6 series model. (Bloomberg)
22:46
Svmuu reports that on June 7, the State Administration of Foreign Exchange released data showing that as of the end of May 2026, China's foreign exchange reserves stood at $3,442.2 billion, an increase of $31.7 billion, or 0.93%, from the end of April. Gold reserve data released on the same day showed that China's gold reserves have increased for 19 consecutive months.
According to official reserve asset data updated on June 7, as of the end of May 2026, China's gold reserves stood at 74.96 million fine troy ounces, an increase of 320,000 ounces from 74.64 million ounces at the end of April. The People's Bank of China began this round of gold purchases in November 2024, and as of the end of May 2026, it has increased its holdings for 19 consecutive months.
Between March 2025 and February 2026, the People's Bank of China's monthly gold purchases remained below 100,000 ounces. Since March, the scale of monthly purchases has been steadily increasing, reaching 160,000 ounces, 260,000 ounces, and 320,000 ounces respectively.
Data shows that as of the end of 2025, gold accounted for approximately 8.8% of China's official international reserves, which are mainly composed of foreign exchange reserves and gold reserves. According to data released by the European Central Bank on June 2, as of the end of 2025, gold's share of total reserve assets held by central banks globally reached 27%, up from 20% at the end of the previous year. This indicates that the current proportion of gold in China's reserves is significantly low, leaving considerable room for further increases in the future. (Chang'an Street News)

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