Disclaimer:All content on this platform is sourced from the internet and is provided for informational purposes only. None of the content represents the views of this site, nor does it constitute investment advice. Please exercise caution when investing.

Faster global financial news!

24/7 News

All Bitcoin U.S. stocks Ethereum Iran Geopolitics Forecasting the market AI Donald Trump

6/12

21:24

Domestic operation and money laundering chain of overseas pornographic websites busted, those involved sentenced for using virtual currency to launder money

Svmuu News The People's Court of Mingshan District, Ya'an City, Sichuan Province recently issued a verdict in a case involving a new type of cross-border cyber pornography crime, where virtual currency was used to launder money.
The investigation revealed that the overseas pornographic website "Xiuxiu Sema" had a capital flow of over 12 million yuan. The domestic suspects, Zhong Mouhong, Zhong Mou, and Zhong Moujie, were responsible for the website's operation and maintenance. After receiving the illicit funds, the involved suspect Tang Mou and his spouse transferred the vast majority of the money to their brother-in-law, Li Mouwu. Li Mouwu's accounts received over 8.6 million yuan in illicit funds, part of which was converted into virtual currency and handed over to the overseas mastermind to be transferred abroad. Currently, the court has sentenced the five defendants, including Zhong Mouhong, to fixed-term imprisonment ranging from one year and three months to two years and six months, or suspended sentences, along with fines ranging from 30,000 yuan to 100,000 yuan. (Xinhua Daily)

21:03

US XRP Spot ETF Daily Total Net Inflow of $2.0443 Million

According to SoSoValue data, yesterday (June 12, Eastern Time), the XRP spot ETF recorded a total daily net inflow of $2.0443 million.
Only the Canary XRP ETF (XRPC) saw net inflows yesterday, with a single-day net inflow of $2.0443 million, bringing its historical total net inflow to $461 million.
As of press time, the total net asset value of XRP spot ETFs stands at $979 million, with an XRP net asset ratio of 1.39%, and a cumulative historical net inflow of $1.436 billion.

21:03

U.S. stock market closed with AI concept stocks broadly rising, Arm up over 11.27%

Svmuu News According to MSX.COM data, at the U.S. stock market close, the Dow rose 0.7%, the S&P 500 rose 0.5%, and the Nasdaq rose 0.31%. The VIX fear index fell 9.05%. AI concept stocks saw broad gains, with Arm up 11.27%, Teradyne up 5.72%, KLA up 5.55%, CoreWeave up 5.02%, and AMD up 4.73%.
It is reported that MSX is a leading RWA trading platform, having cumulatively listed hundreds of RWA tokens, covering popular U.S. stocks and ETF token targets such as NVDA, GOOGL, MSFT, AMZN, META, TSM, and AMD.

20:51

Anthropic: Suspends All Access to Fable 5 and Mythos 5 Due to U.S. Government National Security Directive

Svmuu reported that the U.S. government has issued an export control directive citing national security authority, requiring the suspension of all access for foreign nationals to Fable 5 and Mythos 5, including Anthropic’s foreign national employees. To ensure compliance, Anthropic must close all customer access to Fable 5 and Mythos 5, while all other Anthropic models remain unaffected.
The U.S. government provided oral evidence indicating a potential narrow-scope, non-general jailbreak method for the model. Anthropic is complying with the government's legal directive and removing all user access to Fable 5 and Mythos 5, but disagrees with the decision to withdraw deployed commercial models based on the discovery of a narrow-scope potential jailbreak, and is working diligently to restore access as soon as possible.

20:43

Hyperliquid's Largest SPCX Long Position Fully Closed at $36.4 Million, Incurring a $300,000 Loss

According to on-chain analyst Ember CN, the largest SPCX long position on Hyperliquid has been fully closed, incurring a loss of $300,000. The address had opened a $36.4 million SPCX long position on Hyperliquid before the SPCX launch, with an average entry price of $171.4.
After SPCX was listed and began trading, the price failed to continue rising. The address subsequently closed the position over the past few hours at an average price of $169.8.

20:29

美军 shot down multiple Iranian drones heading toward the Strait of Hormuz

According to Reuters, a source with knowledge of the matter revealed that U.S. forces shot down multiple Iranian one-way attack drones heading toward the Strait of Hormuz.

20:28

profit over $44.34 million, a HYPE genesis whale deposited 576,000 HYPE into Coinbase

Svmuu reported, according to Onchain Lens monitoring, a HYPE genesis whale deposited 576,000 HYPE into Coinbase, worth $35.28 million, with profits exceeding $44.34 million.

20:22

U.S. Federal Appeals Court Upholds SBF's Fraud Conviction

Svmuu reported that a U.S. federal appeals court on Friday upheld the fraud conviction against former cryptocurrency mogul SBF, handed down in 2023. This ruling came just days after Sam Bankman-Fried filed a request for a presidential pardon.
A panel of judges from the Second Circuit Court of Appeals in Manhattan rejected the defense's argument that the platform was over-collateralized and that all customers had been fully compensated. Sam Bankman-Fried was sentenced to 25 years in prison for conspiracy and fraud charges. Although he hoped to receive a presidential pardon after serving his sentence, the U.S. President stated in January that there were no plans to pardon the FTX founder. (justthenews)

20:20

Iranian Foreign Minister: Fees to Be Charged for Services Related to the Strait of Hormuz

Svmuu News: According to Iranian media reports on the 12th, Iranian Foreign Minister Araghchi stated during a discussion of the draft memorandum of understanding between Iran and the US that fees will be charged for services related to the Strait of Hormuz. (Xinhua News Agency)

20:05

Attorneys general from multiple U.S. states are conducting a joint investigation into OpenAI and have requested the company submit documents related to its operations and the impact on users.

Svmuu News: According to sources familiar with the matter, attorneys general from multiple U.S. states have jointly launched an investigation into OpenAI. On Friday, OpenAI received a sweeping subpoena requesting a wide range of documents related to its operations and user impact, covering advertising business, user activity and retention, consumer and health data management, services targeting minors and the elderly, deep learning models, model sycophancy issues, and the company's internal policies and regulations.
An OpenAI spokesperson stated in a statement that AI is an emerging and powerful technology, and the company remains committed to allowing the public to safely benefit from technological advances in a compliant and responsible manner. The company values the concerns raised by the state attorneys general and will actively cooperate with relevant authorities in their work. This month, OpenAI has confidentially filed initial public offering documents with the U.S. Securities and Exchange Commission.

20:05

The battle for regulatory authority continues as the CFTC sues New Mexico to prevent it from regulating prediction markets

Svmuu reported that the U.S. CFTC has filed a lawsuit in the U.S. District Court for the District of New Mexico against state officials, including Governor Michelle Lujan Grisham and Attorney General Raúl Torrez, seeking to block the state from applying its gambling regulations to prediction market platforms.
Earlier, New Mexico had sued Kalshi, accusing it of offering unauthorized sports betting to state residents and allowing users under the state's legal gambling age of 21 to participate. The New Mexico Attorney General stated that legal gambling in the state can only be conducted under tribal-state gaming compacts or a strict state regulatory framework.
The CFTC argues that platforms like Kalshi offer federally regulated derivatives contracts, not gambling products under state law. CFTC Chairman Michael Selig stated that New Mexico is attempting to impose state gambling laws on a federal derivatives exchange that falls under the exclusive jurisdiction of the CFTC. Over the past few months, the CFTC has sued multiple states, including Wisconsin, Illinois, Arizona, Connecticut, and New York, to assert its regulatory authority over sports prediction markets. This week, the agency also proposed broader rules for prediction markets, which generally still allow sports-related contracts to exist.

20:04

predict.fun "Canada wins Group B in the World Cup" probability drops to 27%, down 4% in 24 hours

Svmuu Seer Channel monitoring shows that in the predict.fun "World Cup Group B Winner" prediction event, the probability of Canada winning Group B has dropped to 27%, a 4% decrease in 24 hours. Additionally, the probability of Bosnia and Herzegovina winning Group B is currently reported at 13%.
This morning, in the first round of Group B of the World Cup group stage, Canada drew 1:1 with Bosnia and Herzegovina. Canada previously participated in the 1986 and 2022 World Cups, losing all 6 group stage matches, scoring 2 goals and conceding 12.
Svmuu Seer Channel continues to monitor the prediction market, seeing changes before prices are set.

17:36

Iranian Foreign Minister: Iran-US Memorandum of Understanding May Be Signed Within Days

Svmuu reported on the 12th that Iranian Foreign Minister Araghchi stated that once the final phase of negotiations between Iran and the US is completed, the memorandum of understanding will be signed and announced immediately. The first phase will be signed remotely via electronic means, "which could happen in the coming days." (Jin Shi)

17:36

U.S. Official: U.S. and Iran Close to Reaching an Agreement, Set to Sign in the Coming Days

According to Reuters, a senior US official said on Friday that the United States and Iran have not yet truly crossed the finish line, but are very close to reaching an agreement to resolve the conflict between the two sides, and Washington expects to sign the agreement in the coming days. "The negotiating team has put us in a very favorable position, but we still have to wait and see. We haven't truly crossed the finish line yet, but we are very close," the US official said. The official stated that the agreed terms achieve Trump's core objectives. The terms of the memorandum of understanding include reopening the Strait of Hormuz and lifting the US blockade of Iranian ports. Iran's high-enriched uranium will also be destroyed on-site and subsequently shipped out of the country. "Iran will not get anything just for signing the memorandum of understanding or for the negotiations themselves," the official said. "They will receive economic rewards for fulfilling the obligations stipulated in the agreement. Therefore, if they hand over nuclear materials as promised, they will get something. If they dismantle their nuclear program or nuclear facilities, they will get something else." (Jin Shi)

17:35

Report: UAE Agrees to Unfreeze Billions of Dollars for Iran

Svmuu News According to a report by Reuters, sources say that amid the US-Israel conflict with Iran, and after weeks of Iranian attacks on the UAE, the UAE has agreed to unfreeze billions of dollars for Iran. The UAE has agreed to release a total of $10 billion in funds, of which over $3 billion has already been delivered. Another source stated that the total amount involved is $20 billion, and this move was agreed upon on the condition that Iran ceases its attacks on the UAE. The last direct attack by Iran on the UAE was on May 4. Sources say that this action by the UAE provides a way to help resolve the conflict between the US and Iran without pushing either side past its red lines: Iran can claim it secured compensation for war damages, Washington can insist it paid no money, and the UAE has protected its own security and maintained Dubai's status as a hub, all while packaging the move as an investment in rebuilding regional trust. In exchange, Iran will halt missile and drone strikes on the UAE, and both sides will work to rebuild bilateral relations, including intelligence sharing and economic cooperation. The source added that Iran has approached at least two other Gulf Arab states with similar arrangements.

17:34

Iranian Foreign Minister: The U.S. Pledged Not to Launch a War in the Memorandum of Understanding

Svmuu News: According to Iranian media on the 12th, Iranian Foreign Minister Araghchi stated during a TV program that evening that in the ongoing Iran-US memorandum of understanding negotiations, the US has promised not to wage war or use threats, with both sides respecting each other's sovereignty and not interfering in each other's internal affairs. (Jin Shi)

17:32

SpaceX surged 19% on its first day of trading, reaching a market cap of over $2 trillion and becoming the sixth-largest company in the US

Svmuu reported that SpaceX soared on its Nasdaq debut Friday, with its market capitalization surpassing $2 trillion. The listing went more smoothly than many observers had anticipated. Shares began trading late Friday morning and mostly fluctuated between 15% and 30% above Thursday's pricing throughout the session, without significant volatility. The stock closed at approximately $161, up 19%, placing the company as the sixth largest in the United States. The final settlement price is yet to be determined. Trading volume exceeded 500 million shares, with a turnover of around $80 billion. With major listing plans from Anthropic and OpenAI on the horizon, market observers had worried that a flood of new stocks could weigh on market performance following a prolonged IPO drought. However, investors ranging from large institutions to Elon Musk's retail fan base were in high spirits by the end of the day. "SpaceX not only broke records in terms of IPO fundraising size but also left other major companies far behind. When the initial valuation was already close to $2 trillion, adding so much market cap in an instant is impressive," said Dan Coatsworth, Head of Markets at AJ Bell. (Jinshi)

17:30

CFTC sues New Mexico, continuing battle for regulatory control of sports prediction markets

Svmuu News: The U.S. CFTC has filed a lawsuit in the U.S. District Court for the District of New Mexico against Governor Michelle Lujan Grisham, Attorney General Raúl Torrez, and other officials, aiming to prevent the state from applying gambling regulations to prediction market platforms.
Previously, New Mexico sued Kalshi, accusing it of offering unauthorized sports betting to state residents and allowing users below the state's legal gambling age of 21 to participate. The New Mexico Attorney General stated that legal gambling in the state can only operate under tribal-state gaming compacts or a strict state regulatory framework.
The CFTC argues that platforms like Kalshi offer federally regulated derivative contracts, not gambling products under state law. CFTC Chairman Michael Selig stated that New Mexico is attempting to impose state gambling laws on a federal derivatives exchange that falls under the CFTC's exclusive jurisdiction.
Over the past few months, the CFTC has filed lawsuits against several states, including Wisconsin, Illinois, Arizona, Connecticut, and New York, to establish its regulatory authority over sports prediction markets. This week, the agency also proposed broader rules for prediction markets that still generally permit sports-related contracts, indicating an escalating conflict between federal and state governments over the boundaries of prediction markets and sports betting.

17:30

Former SEC Chair Gensler Opposes CFTC Jurisdiction Over Sports Prediction Markets

Svmuu Former SEC Chair and former CFTC Chair Gary Gensler, in an amicus brief filed with the U.S. Court of Appeals for the Sixth Circuit, stated that the Dodd-Frank Act does not grant the CFTC the authority to regulate sports betting.
This position directly contradicts the claims of current CFTC Chair Michael Selig and prediction market platform Kalshi, who argue that contracts related to sports events fall under federal regulatory scope rather than state gambling oversight.
Gensler pointed out that if the Dodd-Frank Act truly preempted state authority over sports betting, it would have been major news at the time, yet no one understood it that way. He served as CFTC Chair from 2009 to 2014 and was responsible for implementing rules under the Dodd-Frank Act.
The amicus brief pertains to litigation between Kalshi and the state of Ohio. The Ohio gambling regulator had demanded Kalshi cease offering sports-related event contracts to state residents, leading Kalshi to sue the state. However, a request for a preliminary injunction was denied by the court. The CFTC supports Kalshi, arguing that Ohio has overstepped its authority.
Over the past year, the CFTC has continuously sought to expand its regulatory reach over prediction markets, having sued several states to establish its jurisdiction. This week, the agency also proposed broader rules for prediction markets, generally supporting sports-related contracts while aiming to impose stricter restrictions on betting concerning events such as terrorist attacks, assassinations, and wars.

17:28

Y Combinator: Clarity Act Could Drive Crypto Integration Across All YC Portfolio Companies

Svmuu reported that renowned startup accelerator Y Combinator stated that in the future, all of its portfolio companies may utilize crypto technology, particularly infrastructure like stablecoins, and this will not be limited to crypto or fintech startups.
YC has previously invested in early-stage companies such as Airbnb, DoorDash, Coinbase, Stripe, Reddit, OpenAI, and Kalshi. Its latest statement primarily urges the U.S. Congress to pass the crypto market structure bill, the "Clarity Act."
YC believes that for the crypto industry to enter a new phase, it must achieve deeper integration with traditional financial institutions such as banks and brokerages. The Clarity Act is expected to provide the regulatory foundation for this integration. The bill aims to clarify whether digital assets are securities or commodities, establish a registration pathway with the CFTC, and stipulate that customer assets belong to the customers in the event of bankruptcy.
However, the prospects for the bill remain uncertain. Supporters argue that it has a bipartisan foundation, while opponents point out limited support from Democrats, the approaching midterm elections, and ethical controversies arising from Trump's direct association with the crypto industry. These factors could all increase legislative resistance.

Click to Load More

What is 24/7 News

This is where the pulse of global digital wealth beats.

In the fast-paced world of digital currencies and global financial markets, a one-minute delay can mean missing a prime investment opportunity—or taking on unnecessary risk. On this battlefield where value is reshaped by the second, Svmuu·Flash News is dedicated to building a direct channel of information for you that is lightning-fast, precise, and free of noise.

We break free from the lag inherent in traditional media. By monitoring the internet around the clock, we deliver every key development in the global crypto market and the macroeconomy to your screen in seconds, using the most concise and intuitive language.

Our Features

Instant Response—Every Second Counts

Leveraging a powerful automated data-scraping network in tandem with a professional editorial team, we track major global trading markets, significant on-chain transactions, key project developments, and major global political and economic news 24 hours a day, non-stop. This ensures that when major news breaks, you’ll be the first to receive the core facts.

Filtering Out the Noise, Distilling the Signals

Faced with an information overload, blindly pursuing “quantity” often leads to decision paralysis. Our editorial team not only prioritizes speed but also focuses on the “substance” of the information. We filter out ineffective marketing hype and repetitive noise, distilling only the hard-hitting insights that provide practical guidance on market trends and capital flows.

Dual Focus on the Crypto Ecosystem and Global Macro

Our updates aren’t limited to industry developments within the crypto space; we also closely monitor major macro events such as global geopolitical conflicts, policy red lines set by the Federal Reserve and other central banks, fluctuations in traditional commodities, and the restructuring of global supply chains.We understand that today’s digital asset market is deeply intertwined with global macro liquidity, and every macroeconomic development has the potential to send ripples through the crypto space.

Our Service Commitment

We fully understand that in a frenzied and volatile market environment, emotions often run ahead of reason. Therefore, our news section consistently adheres to the principles of “objective reporting, impartiality, and no misinformation.”We do not peddle fear or fabricate myths; we simply serve as the calmest sentinel guiding your investment decisions.

Follow Svmuu·News. Amid the complex and ever-changing market cycles, let us be the first to capture the wind that determines the trend for you.

24H Trending

recommend

Recommended Reading

An Analysis of Withdrawal Speeds on the Three Major Cryptocurrency Exchanges: Which Platforms Support Same-Day Withdrawals?

USDT (USDT) Trading Platform and an Overview of the Top 10 Global Trading Platforms Bitcoin

How to Choose the Most Reliable Cryptocurrency Exchange?

A Guide to Recommending and Selecting Global Cryptocurrency Exchanges

Rankings of Exchange Tokens and an In-Depth Analysis of Mobile Cryptocurrency Trading Platforms

Bitcoin Trading Platform Rankings and Overview of Major Platforms

Rankings and Selection Guide for Leading Global Cryptocurrency Exchanges

Bitcoin Where to Buy and Sell? Ranking of Legitimate Platforms for Purchasing Bitcoin

An Analysis of Platforms and Market Data Software for Simultaneously Trading U.S. Stocks and Cryptocurrencies

What Are the Top Three Cryptocurrency Exchanges? A Roundup of the World’s Leading Cryptocurrency Exchanges

Rankings of Cryptocurrency Quant Trading Platforms and BTC Exchanges

2026 Guide to Recommending and Choosing Mainstream Cryptocurrency Mobile Trading Platforms

Is it illegal to mine Bitcoin using mining rigs? An Analysis of the Global Regulatory Landscape

OKX Is OKX a Legitimate Platform? An In-Depth Analysis of the Platform’s Compliance and Security

What are the top three legitimate trading platforms on Bitcoin?

Ranking of Major Global Cryptocurrency Exchanges and Analysis of Their Affiliate Models

An Overview of the World's Leading Cryptocurrency Futures Trading Platforms and Mobile Apps

Which platform offers the lowest price for Bitcoin?

Cryptocurrency Exchanges vs. Hot Wallets: Which Is More Secure and Reliable?

Which Cryptocurrency Exchange Has the Lowest Fees? A Roundup of Popular Trading Apps

Hot Topics

#Bitcoin #U.S. stocks #Geopolitics #Iran #Cryptocurrency #Ethereum #Donald Trump #Forecasting the market #Binance #SK Hynix #DeFi #AI #stablecoin #RWA #Gate #ETF

Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.