Gate Cryptocurrency News and Market Analysis

Gate News covers crypto market trends, price movements, project developments, and in-depth analysis to help you stay informed with essential crypto insights.

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Gate Daily Report (June 1): Satoshi-era whale moves 20 BTC; Michael Saylor hints at buying Bitcoin again

Bitcoin (BTC) makes a slight short-term rebound, trading around $73,590 as of June 1. A 2010 Bitcoin wallet that had been dormant for 15.8 years moved 20 BTC, realizing a $1.47 million profit for a Satoshi-era “whale” from the Nakamoto period. Strategy founder Michael Saylor posted “Working ₿etter” on X, hinting that he may buy Bitcoin again. Macro Events & Crypto Market Hotspots 1、BeInCrypto reports: a Satoshi-era Bitcoin wallet that had not been used since August 2010 transferred 20 BTC on Sun
BTC-0.76%
IBIT0.07%
SUI-2.88%
EIGEN-3.63%
MarketWhisper·9m ago
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Florent white-hat thaws HongCoin ICO $2 million; the hacker previously overlooked the contract for 9 years

Researcher Florent confirmed with The Block on May 31 that he helped recover about 1,003 ETH (about $2 million) that had been trapped in the 2016 HongCoin ICO contract for nine years. As of the time of reporting, two investors have already claimed a total of 96.5 ETH and have voluntarily paid Florent a white-hat bounty. Confirmed technical reasons and solutions for the integer overflow vulnerability Florent confirmed to The Block that the HongCoin contract was deployed using an older version of
ETH-1.31%
MarketWhisper·30m ago
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Sui reports three mainnet outages, admits there is a known risk of interruption despite temporary fixes to storage.

The Sui Foundation released an incident analysis report on June 1, attributing the three mainnet outages that occurred last week to two independent vulnerabilities introduced by the v1.72 version upgrade. The Foundation acknowledged that the emergency hotfix deployed last Thursday contained a “known issue, but with a very low probability of causing a network meltdown.” The team accepted this risk to restore service quickly, and the network broke again on Friday morning. Confirmed Timeline and Ro
SUI-2.88%
MarketWhisper·38m ago
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Trump asks to revise the U.S.-Iran ceasefire MOU clauses; Bitcoin edges up to $73,900 (about $73.9k)

Bitcoin saw a slight rebound in Asian early trading on Monday, June 1, rising to $73,989. Axios reported on Sunday that U.S. President Trump, at a meeting in the White House Situation Room last Friday, asked for several changes to the understanding memorandum of understanding (MOU) between his envoy and Iran, mainly involving the specifics of Iran’s nuclear materials provisions. In parallel, Israeli Prime Minister Netanyahu confirmed that he ordered the Israeli military to further advance its gr
MarketWhisper·41m ago
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