Important News from Last Night and This Morning (June 3 - June 4)

According to Onchain Lens, a newly built wallet received 6 million Binance tokens, equivalent to approximately 4.13 million US dollars at the current price.

According to market news, the US Supreme Court supports the Securities and Exchange Commission's (SEC) claim that it can recover illegal profits through "recovery of illegal gains".

The Dow Jones Industrial Average rose 1.53% to 51500 points, continuing to hit a historic high. Among the constituent stocks, only 4 fell, while Union Health rose nearly 6%, Merck rose over 4%, American Express rose 3.6%, and Visa rose 3.2%.

Fitch Ratings stated that the Strait of Hormuz has been closed for 14 weeks, and assuming it reopens in July, it will raise its 2026 Brent crude oil price forecast from $70 per barrel to $87 per barrel.

Virtuals.io is transferring over $700 million worth of VIRTUAL from LayerZero to Chainlink CCIP, following a $292 million attack on Kelp DAO. （CoinDesk）