AiCoin Daily Report (June 01)

1. JPMorgan CEO says the US government should not hoard Bitcoin.

2. The holdings of the Bitcoin spot ETF in the United States exceed 1.205 million BTC.

As of today, the US Bitcoin spot ETF holds a total of 1,205,626 BTC, BlackRock IBIT ranks first with 660,814 holdings, and Fidelity FBTC and Grayscale GBTC are second and third with 198,159 and 186,622 respectively. -original

3. Mexican tycoons are considering converting all their assets into Bitcoin.

Odaily Planet Daily News: Mexico’s third richest man, Ricardo Salinas Pliego, has stated that he is considering converting his entire investment portfolio into Bitcoin. -Original text

4. Slow Fog reveals that coin theft gangs are using the EIP-7702 mechanism.

Odaily Planet Daily News: Slow Fog’s Yu Xian stated on platform X that the new mechanism EIP-7702 is being used most effectively by coin theft gangs (not phishing gangs), which facilitates the automatic transfer of related funds from wallet addresses with leaked private keys/mnemonic phrases… Over 97% of EIP-7702 delegations are authorized to these types of coin theft contracts. -Original text

5. The timing for the distribution of funds to FTX creditors has been determined.

Odaily Planet Daily reported that FTX creditor representative Sunil posted on the X platform that Kraken has issued a fund distribution notice to FTX creditor customers, with the fund distribution date for FTX US creditors set for May 30, 2025 (total debt amount: 312 million USD), and the fund distribution date for FTX international creditors set for June 2, 2025. According to previous news, FTX has announced the launch of the second phase of the user repayment program, which is expected to distribute over 5 billion USD to creditors, who will receive the funds within 1 to 3 working days starting from today. -Original text

6. Well-known insurance companies launch crypto kidnapping insurance services.

The wave of violent attacks targeting cryptocurrency holders is prompting insurance companies to develop new protective measures. Recent incidents include an Italian tourist being held captive and tortured for three weeks in New York, as well as an attempted kidnapping of a French crypto executive’s family, highlighting the real security threats facing the crypto industry. It is reported that at least three companies specializing in crypto insurance and security are preparing customized kidnapping and ransom (K&R) insurance policies for digital asset investors.

7. Brazilian fintech company Méliuz plans to issue stocks to purchase Bitcoin.

This issuance includes free subscription warrants, aiming to position Bitcoin as the main strategic asset of the Melios Treasury. -Original text

8. BabyDoge announced that it will soon launch a decentralized trading platform

Odaily Planet Daily reported that Baby Doge announced on the X platform that the decentralized trading platform BabyDoge DEX is about to launch, and the whitelist is now open. -Original

The above is a selection of hot topics from the past 24 hours. For faster news, please download AiCoin ()