Crypto Market Suffers $1.73 Billion in Liquidations in a Single Day
Between June 4 and 5, the crypto market saw single-day liquidations reach $1.73 billion, with 211,000 traders forcibly liquidated.
Between June 4 and 5, the crypto market saw single-day liquidations reach $1.73 billion, with 211,000 traders forcibly liquidated.
Xinhua Net released an announcement declaring an investment of 1.122 billion RMB into AI projects, which includes significant expenditures on cloud service rentals and content moderation compliance.
Taiwan's Mainland Affairs Council issued a ban, building on the existing prohibition against personnel from central government ministries and agencies attending the Strait Forum, to explicitly ban, for the first time, local government civil servants from traveling to attend it, guarding against the Chinese Communist Party using the forum to carry out political united front work and social division against Taiwan.
On June 3, 2026, on the eve of the 37th anniversary of the June Fourth incident, the candlelight vigil at Victoria Park in Hong Kong continued to be banned under the Hong Kong national security law, while overseas Hong Kongers and Taiwanese civic groups held a large-scale June Fourth memorial evening in relay at Liberty Square in Taipei.
On June 4, 2026, media reported that first-tier cities such as Beijing and Shanghai are successively reopening night markets and outdoor commercial vending spaces, with sales of street-stall equipment surging in many places, reflecting the system's attempt to ease employment pressure through the street-stall economy against the backdrop of an economic downturn.
On June 4, the 37th anniversary of the June Fourth incident, a netizen posted that three people spent a total of 192 yuan on a meal, but a WeChat group payment of 64 yuan could not be transferred, leaving them to eat the loss themselves, and complained that the Commies were making a big fuss.
On June 4, Indonesian immigration authorities detained 4 Chinese nationals at another residence in Semarang on suspicion of romance scams, seizing 604 mobile phones and other devices; whether the case is linked to the October case has not yet been confirmed.
On June 4, young actor Jin Ze (born Zhang Jiawei) died at his home in Hangzhou at the age of only 33. His girlfriend Li Zifeng cried foul on Douyin, saying his death was unexplained.