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According to Beating Monitoring, OpenAI has released the Frontier Governance Framework, which outlines how its safety practices will align with emerging regulatory requirements, including California's Frontier AI Transparency Act and the EU AI Act. This framework is based on OpenAI's Preparedness Framework, transforming internal risk management practices into a public governance document, with a focus on risk assessment and mitigation for frontier AI systems. The framework addresses significant risk areas such as cyber attacks, CBRN (chemical, biological, radiological, nuclear), harmful manipulation, and loss of control, while also including model reporting, safety risk management, incident response, external expert engagement, and framework update mechanisms. OpenAI stated that the framework will be continuously updated in line with the development of model capabilities, assessment methods, and regulatory requirements to ensure compliance with laws and regulations. The complete PDF document is available for download.

[OpenAI Releases Frontier Governance Framework, Clarifying Safety Practices in Line with Emerging Regulatory Requirements]According to Beating Monitoring, OpenAI has released the Frontier Governance Framework, which outlines how its safety practices will align with emerging regulatory requirements, including California's Frontier AI Transparency Act and the EU AI Act. This framework is based on OpenAI's Preparedness Framework, transforming internal risk management practices into a public governance document, with a focus on risk assessment and mitigation for frontier AI systems. The framework addresses significant risk areas such as cyber attacks, CBRN (chemical, biological, radiological, nuclear), harmful manipulation, and loss of control, while also including model reporting, safety risk management, incident response, external expert engagement, and framework update mechanisms. OpenAI stated that the framework will be continuously updated in line with the development of model capabilities, assessment methods, and regulatory requirements to ensure compliance with laws and regulations. The complete PDF document is available for download.

OpenAI Releases Frontier Governance Framework, Clarifying Safety Practices in Line with Emerging Regulatory Requirements

On May 29, according to CME FedWatch data, expectations for interest rate cuts this year have largely been erased, with rate hike expectations rising, and even a possibility of a 75 basis point increase. Currently, the probability that the Federal Reserve will maintain its interest rate unchanged through the end of 2026 is 51.9%. The probability of a total rate cut of 25 basis points for the entire year is only 0.5%, while the probability of a total rate increase of 25 basis points is 37.3%, and the probability of a total rate increase of 50 basis points is 9.3%, with a 1% probability for a total increase of 75 basis points. Additionally, the probability of a 25 basis point rate cut at the Fed's next meeting in June is 1.1%.

[Fed Rate Forecast for 2026: Rate Hike Expectations Rise, 25 Basis Point Increase Probability at 37.3%]On May 29, according to CME FedWatch data, expectations for interest rate cuts this year have largely been erased, with rate hike expectations rising, and even a possibility of a 75 basis point increase. Currently, the probability that the Federal Reserve will maintain its interest rate unchanged through the end of 2026 is 51.9%. The probability of a total rate cut of 25 basis points for the entire year is only 0.5%, while the probability of a total rate increase of 25 basis points is 37.3%, and the probability of a total rate increase of 50 basis points is 9.3%, with a 1% probability for a total increase of 75 basis points. Additionally, the probability of a 25 basis point rate cut at the Fed's next meeting in June is 1.1%.

Fed Rate Forecast for 2026: Rate Hike Expectations Rise, 25 Basis Point Increase Probability at 37.3%

On May 29, U.S. media outlet Axios reported that two American officials revealed that U.S. and Iranian negotiators have reached an agreement on a 60-day memorandum of understanding, which will extend the ceasefire and initiate negotiations regarding Iran's nuclear program. However, President Trump has yet to give final approval, stating he needs a few days to consider it. The disclosed details of the memorandum include provisions that shipping in the Strait of Hormuz will be 'unrestricted,' meaning no tolls will be charged and there will be no harassment; Iran must clear all mines from the strait within 30 days. Additionally, the U.S. maritime blockade will be lifted, but this process will proceed in proportion to the resumption of commercial shipping. The memorandum will include Iran's commitment not to develop nuclear weapons. The primary negotiation topics during the 60-day window will focus on how to handle Iran's highly enriched uranium and how to address Iran's uranium enrichment activities. As part of the negotiations, the U.S. has committed to discussing the lifting of sanctions and unfreezing Iranian funds. The memorandum will also include discussions on establishing a mechanism to help Iran begin receiving supplies and humanitarian aid. However, Israeli media later reported that Iran's Supreme Leader Ali Khamenei has not yet approved the memorandum, which may also be one reason why Trump has not given his consent. In reality, it seems that only a consensus has been reached among Iran's Foreign Minister Zarif, Parliament Speaker Qalibaf, and U.S. Special Envoy for Middle East Affairs Hook and his team, while Iran's higher leadership and final decision-makers have not yet said 'yes.' Moments ago, U.S. media Fox News confirmed that the U.S. and Iran have indeed reached a preliminary agreement, but this agreement is still pending President Trump's approval, corroborating Axios's earlier report. Overall, the U.S.-Iran 60-day memorandum of understanding has reached consensus at the negotiator level, but still requires approval from the highest leaders of both countries.

[Insight: US-Iran Memorandum of Understanding Reached at Negotiator Level, Awaiting Approval from Top Leaders]On May 29, U.S. media outlet Axios reported that two American officials revealed that U.S. and Iranian negotiators have reached an agreement on a 60-day memorandum of understanding, which will extend the ceasefire and initiate negotiations regarding Iran's nuclear program. However, President Trump has yet to give final approval, stating he needs a few days to consider it. The disclosed details of the memorandum include provisions that shipping in the Strait of Hormuz will be 'unrestricted,' meaning no tolls will be charged and there will be no harassment; Iran must clear all mines from the strait within 30 days. Additionally, the U.S. maritime blockade will be lifted, but this process will proceed in proportion to the resumption of commercial shipping. The memorandum will include Iran's commitment not to develop nuclear weapons. The primary negotiation topics during the 60-day window will focus on how to handle Iran's highly enriched uranium and how to address Iran's uranium enrichment activities. As part of the negotiations, the U.S. has committed to discussing the lifting of sanctions and unfreezing Iranian funds. The memorandum will also include discussions on establishing a mechanism to help Iran begin receiving supplies and humanitarian aid. However, Israeli media later reported that Iran's Supreme Leader Ali Khamenei has not yet approved the memorandum, which may also be one reason why Trump has not given his consent. In reality, it seems that only a consensus has been reached among Iran's Foreign Minister Zarif, Parliament Speaker Qalibaf, and U.S. Special Envoy for Middle East Affairs Hook and his team, while Iran's higher leadership and final decision-makers have not yet said 'yes.' Moments ago, U.S. media Fox News confirmed that the U.S. and Iran have indeed reached a preliminary agreement, but this agreement is still pending President Trump's approval, corroborating Axios's earlier report. Overall, the U.S.-Iran 60-day memorandum of understanding has reached consensus at the negotiator level, but still requires approval from the highest leaders of both countries.

Insight: US-Iran Memorandum of Understanding Reached at Negotiator Level, Awaiting Approval from Top Leaders

On May 29, Fox News reported that U.S. sources confirmed to the White House press corps that the United States and Iran have reached a preliminary agreement, pending approval from President Trump.

[U.S. Sources Confirm Preliminary Agreement Between U.S. and Iran]On May 29, Fox News reported that U.S. sources confirmed to the White House press corps that the United States and Iran have reached a preliminary agreement, pending approval from President Trump.

U.S. Sources Confirm Preliminary Agreement Between U.S. and Iran

On May 29, the United States will hold its midterm congressional elections in November. Currently, the Democratic and Republican parties are attempting to gain electoral advantages by manipulating district boundaries, leading to significant legal battles. On May 26, the redistricting conflict between the two parties intensified in Alabama and South Carolina. U.S. media analysis indicates that Republicans currently hold an advantageous position in this 'district map war,' potentially adding around 10 additional seats in the House of Representatives. Democrats, on the other hand, hope to leverage factors such as low approval ratings for Trump and rising oil prices due to the Iran conflict to attract voters. Experts suggest that the essence of this redistricting battle is extreme partisanship, showing a profound disregard for public opinion and once again exposing the hypocrisy of American democracy. (CCTV International News)

[Intense Redistricting Battle Between U.S. Political Parties]On May 29, the United States will hold its midterm congressional elections in November. Currently, the Democratic and Republican parties are attempting to gain electoral advantages by manipulating district boundaries, leading to significant legal battles. On May 26, the redistricting conflict between the two parties intensified in Alabama and South Carolina. U.S. media analysis indicates that Republicans currently hold an advantageous position in this 'district map war,' potentially adding around 10 additional seats in the House of Representatives. Democrats, on the other hand, hope to leverage factors such as low approval ratings for Trump and rising oil prices due to the Iran conflict to attract voters. Experts suggest that the essence of this redistricting battle is extreme partisanship, showing a profound disregard for public opinion and once again exposing the hypocrisy of American democracy. (CCTV International News)

Intense Redistricting Battle Between U.S. Political Parties

On May 28, the Sui ecosystem storage protocol Walrus announced that the mainnet is currently unable to process write operations due to the stagnation of the Sui network. Read operations conducted directly through the aggregator are still functioning normally, and updates will be provided as new developments arise.

[Walrus: Unable to Process Write Operations Due to Sui Network Stagnation]On May 28, the Sui ecosystem storage protocol Walrus announced that the mainnet is currently unable to process write operations due to the stagnation of the Sui network. Read operations conducted directly through the aggregator are still functioning normally, and updates will be provided as new developments arise.

Walrus: Unable to Process Write Operations Due to Sui Network Stagnation

genius Hits New High of 0.6391 USDT, Up -5.58% in 24H

【genius soared to 0.811 USDT, a new high with a 24-hour increase of -5.58%. It currently trades at 0.6391 USDT on HTX.】genius Hits New High of 0.6391 USDT, Up -5.58% in 24H

genius soared to 0.811 USDT, a new high with a 24-hour increase of -5.58%. It currently trades at 0.6391 USDT on HTX.

On May 28, according to monitoring by EmberCN, the $30.5 million BTC long position of whale '0x0d' on Hyperliquid is at risk, as it will be liquidated if BTC continues to drop by $400. The whale opened a long position of 416.6 BTC at $73,345 with 40x leverage today, amounting to $30.5 million, with a liquidation price set at $72,433.

[Whale's $30.5 Million BTC Long Position at Risk, Liquidation Price at $72,433]On May 28, according to monitoring by EmberCN, the $30.5 million BTC long position of whale '0x0d' on Hyperliquid is at risk, as it will be liquidated if BTC continues to drop by $400. The whale opened a long position of 416.6 BTC at $73,345 with 40x leverage today, amounting to $30.5 million, with a liquidation price set at $72,433.

Whale's $30.5 Million BTC Long Position at Risk, Liquidation Price at $72,433

On May 28, Alberto Musalem, President of the Federal Reserve Bank of St. Louis, stated that policymakers should not expect a potential surge in productivity from artificial intelligence to alleviate high inflation. In remarks prepared for a conference in Reykjavik, Iceland, Musalem said, "I believe it is risky to rely on the prospect of future productivity growth to solve the current inflation problem." He cautioned that, considering inflation factors, the Federal Reserve's benchmark interest rate is below the so-called 'neutral rate,' which neither slows down nor stimulates the economy. He also noted that the labor market is stable, inflation is "significantly above" the Fed's 2% target, and long-term inflation expectations are "on the rise." Newly released data on Thursday reinforced these concerns. According to the Bureau of Economic Analysis, the Fed's preferred inflation measure, the PCE price index, rose 3.8% in the 12 months ending in April.

[Fed Official Musalem: Don't Rely on AI to Lower Inflation, Contradicting Chair Waller]On May 28, Alberto Musalem, President of the Federal Reserve Bank of St. Louis, stated that policymakers should not expect a potential surge in productivity from artificial intelligence to alleviate high inflation. In remarks prepared for a conference in Reykjavik, Iceland, Musalem said, "I believe it is risky to rely on the prospect of future productivity growth to solve the current inflation problem." He cautioned that, considering inflation factors, the Federal Reserve's benchmark interest rate is below the so-called 'neutral rate,' which neither slows down nor stimulates the economy. He also noted that the labor market is stable, inflation is "significantly above" the Fed's 2% target, and long-term inflation expectations are "on the rise." Newly released data on Thursday reinforced these concerns. According to the Bureau of Economic Analysis, the Fed's preferred inflation measure, the PCE price index, rose 3.8% in the 12 months ending in April.

Fed Official Musalem: Don't Rely on AI to Lower Inflation, Contradicting Chair Waller

Fusion Bank, a Hong Kong virtual bank strategically invested by Tencent, announced the signing of a strategic cooperation intention letter with digital bank Zhongyin Bank, aiming to strengthen innovation cooperation between Shenzhen and Hong Kong and promote the integration of financial technology in the Greater Bay Area. According to the strategic cooperation framework, Fusion will leverage WeBank's experience in digital inclusive finance to develop innovative financial technology and apply it to the financial cooperation scenarios in the Greater Bay Area. At the same time, targeting the pain points of financing difficulties for small and medium-sized enterprises, more innovative digital financial products will be developed.&nbsp;

[Fusion Bank, a Hong Kong virtual bank strategically invested by Tencent, signed a letter of intent for strategic cooperation with WeBank]Fusion Bank, a Hong Kong virtual bank strategically invested by Tencent, announced the signing of a strategic cooperation intention letter with digital bank Zhongyin Bank, aiming to strengthen innovation cooperation between Shenzhen and Hong Kong and promote the integration of financial technology in the Greater Bay Area. According to the strategic cooperation framework, Fusion will leverage WeBank's experience in digital inclusive finance to develop innovative financial technology and apply it to the financial cooperation scenarios in the Greater Bay Area. At the same time, targeting the pain points of financing difficulties for small and medium-sized enterprises, more innovative digital financial products will be developed.&nbsp;

Fusion Bank, a Hong Kong virtual bank strategically invested by Tencent, signed a letter of intent for strategic cooperation with WeBank

XRP Has Overtaken Solana And Ethereum In This Major Metric

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DOGE falls below 0.1 USDT

Fusion Bank, a Hong Kong virtual bank strategically invested by Tencent, signed a letter of intent for strategic cooperation with WeBank

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