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SecondFi: Final Balance Snapshot Completed, Asset Redistribution Expected to Start in Approximately Two Weeks
BlockBeats News, June 26th, SecondFi Update on Incident Funds Recovery Progress: The final balance snapshot was taken on June 26th as an accurate record for the subsequent asset recovery. The engineering and security teams have completed balance verification and recovery mechanism evaluation. It is expected that asset returns will begin in approximately two weeks, with about one week for the implementation of the solution and another week for testing and review, with the specific timeline subject to adjustment based on progress.
SecondFi has stated that it will resume operations after confirming the platform's security and completing all security reviews. Currently, users only need to submit an application via a support ticket and are not required to take any other actions.
BlockBeats News, June 26th, SecondFi Update on Incident Funds Recovery Progress: The final balance snapshot was taken on June 26th as an accurate record for the subsequent asset recovery. The engineering and security teams have completed balance verification and recovery mechanism evaluation. It is expected that asset returns will begin in approximately two weeks, with about one week for the implementation of the solution and another week for testing and review, with the specific timeline subject to adjustment based on progress.
SecondFi has stated that it will resume operations after confirming the platform's security and completing all security reviews. Currently, users only need to submit an application via a support ticket and are not required to take any other actions.
Goldman Sachs Strategist: Suggests Investors to Increase Allocation to Cloud Service Providers and Reduce Holdings in Semiconductor Stocks
BlockBeats News, June 26th - Goldman Sachs Group strategist Christian has stated that in the artificial intelligence (AI) trading sector, the investment appeal of large-cap tech stocks may further increase as chipmaker stock prices continue to fluctuate. Currently, the leading sector in the market is chip companies and AI capital expenditure beneficiaries, rather than hyperscale cloud service providers; these chip stocks belong to a highly volatile sector in the AI industry chain, with a large amount of funds heavily invested with leverage through ETFs, options, and other instruments. "If the upward momentum of the AI sector continues to improve, investors should increase their allocation to cloud service providers and reduce their holdings of semiconductor stocks. Semiconductors are the most volatile link in the AI capital expenditure chain."
BlockBeats News, June 26th - Goldman Sachs Group strategist Christian has stated that in the artificial intelligence (AI) trading sector, the investment appeal of large-cap tech stocks may further increase as chipmaker stock prices continue to fluctuate. Currently, the leading sector in the market is chip companies and AI capital expenditure beneficiaries, rather than hyperscale cloud service providers; these chip stocks belong to a highly volatile sector in the AI industry chain, with a large amount of funds heavily invested with leverage through ETFs, options, and other instruments. "If the upward momentum of the AI sector continues to improve, investors should increase their allocation to cloud service providers and reduce their holdings of semiconductor stocks. Semiconductors are the most volatile link in the AI capital expenditure chain."
SecondFi completes the asset snapshot for affected users, plans to commence compensation within two weeks
Analysis: Rumors of OpenAI IPO delay impact market sentiment, US stock futures drop, tech and chip sectors lead the decline
Odaily reported that US stock futures collectively fell on Friday, with the technology sector leading the decline. Concerns about rising AI infrastructure costs and a slowdown in financing pace have intensified. Nasdaq 100 futures fell 1.2%, S&P 500 futures dropped 0.5%, and Dow Jones futures slipped by 67 points (-0.1%). Chip stocks generally weakened, after reports surfaced that OpenAI is considering delaying its IPO until next year due to increased volatility in AI-related stocks, unstable market sentiment, and even being affected by SpaceX's weak performance after its own listing.
The JPMorgan trading team pointed out that this news reinforces market worries about the sustainability of investment in AI infrastructure and could impact the pace of future capital market financing. Vital Knowledge analyst Adam Crisafulli also stated that a delayed IPO may slow the overall expansion rate of spending on AI infrastructure.
In the chip sector, Philadelphia Semiconductor-related stocks came under pressure, with ON Semiconductor plunging more than 13% due to its acquisition of Synaptics. Both Micron Technology and another exchange posted declines of over 5%. The XLK, which tracks the technology sector, dropped 1.6%, extending losses from the previous trading day. (CNBC)
Odaily reported that US stock futures collectively fell on Friday, with the technology sector leading the decline. Concerns about rising AI infrastructure costs and a slowdown in financing pace have intensified. Nasdaq 100 futures fell 1.2%, S&P 500 futures dropped 0.5%, and Dow Jones futures slipped by 67 points (-0.1%). Chip stocks generally weakened, after reports surfaced that OpenAI is considering delaying its IPO until next year due to increased volatility in AI-related stocks, unstable market sentiment, and even being affected by SpaceX's weak performance after its own listing.
The JPMorgan trading team pointed out that this news reinforces market worries about the sustainability of investment in AI infrastructure and could impact the pace of future capital market financing. Vital Knowledge analyst Adam Crisafulli also stated that a delayed IPO may slow the overall expansion rate of spending on AI infrastructure.
In the chip sector, Philadelphia Semiconductor-related stocks came under pressure, with ON Semiconductor plunging more than 13% due to its acquisition of Synaptics. Both Micron Technology and another exchange posted declines of over 5%. The XLK, which tracks the technology sector, dropped 1.6%, extending losses from the previous trading day. (CNBC)
CNBC: Polymarket's annualized revenue exceeds 1 billion dollars six weeks after its US exchange launch
Foresight News reports that, according to CNBC, Polymarket has exclusively revealed to CNBC that its annualized revenue has far exceeded 1 billion USD. This news comes six weeks after its U.S. exchange removed the waitlist restriction. During the same period, driven by the FIFA World Cup, its international platform’s trading volume has also soared. According to Dune Analytics data, the daily trading volume on Polymarket’s U.S. platform has increased from about 50 million USD in mid-May to over 200 million USD as of June 20. After declines in April and May, the weekly trading volume on the international platform has reached a historic high amid World Cup enthusiasm.
Polymarket’s U.S. exchange launched in December last year. Previously, the company was banned from operating in the U.S. in 2022 for failure to register as required. Subsequently, the Commodity Futures Trading Commission (CFTC) and the Department of Justice withdrew their investigation into the company last July without filing charges. Currently, Polymarket’s U.S. platform operates as a CFTC-regulated exchange. The platform had been in a waitlist status until it opened to mobile users six weeks ago; its desktop version has not yet launched. U.S. users must scan a code on the official website to download the app and trade.
Foresight News reports that, according to CNBC, Polymarket has exclusively revealed to CNBC that its annualized revenue has far exceeded 1 billion USD. This news comes six weeks after its U.S. exchange removed the waitlist restriction. During the same period, driven by the FIFA World Cup, its international platform’s trading volume has also soared. According to Dune Analytics data, the daily trading volume on Polymarket’s U.S. platform has increased from about 50 million USD in mid-May to over 200 million USD as of June 20. After declines in April and May, the weekly trading volume on the international platform has reached a historic high amid World Cup enthusiasm.
Polymarket’s U.S. exchange launched in December last year. Previously, the company was banned from operating in the U.S. in 2022 for failure to register as required. Subsequently, the Commodity Futures Trading Commission (CFTC) and the Department of Justice withdrew their investigation into the company last July without filing charges. Currently, Polymarket’s U.S. platform operates as a CFTC-regulated exchange. The platform had been in a waitlist status until it opened to mobile users six weeks ago; its desktop version has not yet launched. U.S. users must scan a code on the official website to download the app and trade.
Goldman Sachs Strategist: Increased volatility in chip stocks may make large tech giants a better choice for AI sector allocation
Quantum Cyber approved to acquire partial equity in SpaceX
ChainCatcher news, according to market sources: Quantum Cyber has been approved to acquire part of SpaceX's equity.
ChainCatcher news, according to market sources: Quantum Cyber has been approved to acquire part of SpaceX's equity.
Dreamcash will close the CASH perpetual market in three phases starting from June 30
Foresight News reports that Dreamcash, a Hyperliquid ecosystem trading platform funded by Tether, has announced it will close its CASH perpetual market deployed on HIP-3. The reason is that USDC has been natively integrated into the Hyperliquid platform, and operating as a USDT deployer creates a user experience barrier that is too high, making it difficult to maintain the previously envisioned neutral positioning. The closure will take place over three days: from June 30 to July 2, each market will be settled sequentially according to oracle prices. All open positions will be automatically closed at the settlement price without user intervention. As the platform uses a non-custodial architecture, user funds, balances, and rewards are unaffected and no withdrawal is required.
The schedule is as follows: on June 30 at 21:45 (UTC+8), the CASH market enters the settlement phase. From 22:00 (UTC+8), KWEB, CAR, EWY, INTC, MSFT, SILVER, WTI will be settled sequentially, with an interval of 1 hour between each market. On July 1 at 22:00 (UTC+8), GOLD, AMZN, META, NVDA will be settled. On July 2 at 22:00 (UTC+8), GOOGL, HOOD, TSLA, USA500 will be settled. All markets will complete settlement by July 3 at 1:00 (UTC+8). Dreamcash stated it will refocus its core resources on the development of the mobile trading application; the App itself will not be affected and will continue to operate as usual.
Foresight News previously reported that Supreme Liquid Labs, the parent company of Hyperliquid’s mobile interface Dreamcash, received a strategic investment from Tether in February 2026; the exact amount was not disclosed. In collaboration with Selini Capital, the two parties launched the HIP-3 RWA perpetual contract market collateralized by USDT0.
Foresight News reports that Dreamcash, a Hyperliquid ecosystem trading platform funded by Tether, has announced it will close its CASH perpetual market deployed on HIP-3. The reason is that USDC has been natively integrated into the Hyperliquid platform, and operating as a USDT deployer creates a user experience barrier that is too high, making it difficult to maintain the previously envisioned neutral positioning. The closure will take place over three days: from June 30 to July 2, each market will be settled sequentially according to oracle prices. All open positions will be automatically closed at the settlement price without user intervention. As the platform uses a non-custodial architecture, user funds, balances, and rewards are unaffected and no withdrawal is required.
The schedule is as follows: on June 30 at 21:45 (UTC+8), the CASH market enters the settlement phase. From 22:00 (UTC+8), KWEB, CAR, EWY, INTC, MSFT, SILVER, WTI will be settled sequentially, with an interval of 1 hour between each market. On July 1 at 22:00 (UTC+8), GOLD, AMZN, META, NVDA will be settled. On July 2 at 22:00 (UTC+8), GOOGL, HOOD, TSLA, USA500 will be settled. All markets will complete settlement by July 3 at 1:00 (UTC+8). Dreamcash stated it will refocus its core resources on the development of the mobile trading application; the App itself will not be affected and will continue to operate as usual.
Foresight News previously reported that Supreme Liquid Labs, the parent company of Hyperliquid’s mobile interface Dreamcash, received a strategic investment from Tether in February 2026; the exact amount was not disclosed. In collaboration with Selini Capital, the two parties launched the HIP-3 RWA perpetual contract market collateralized by USDT0.