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On May 31, recordings from the public radio channel provided by crew members of a stranded merchant vessel near the Strait of Hormuz revealed that the Iranian Revolutionary Guard Navy and US military aircraft issued warnings to the relevant ships on the 30th. The radio recordings indicated that on the evening of the 30th local time, the Iranian Revolutionary Guard Navy issued a stern warning to vessels in the Persian Gulf and the Sea of Oman, stating that the Strait of Hormuz remains closed and only vessels granted permission by the Iranian Revolutionary Guard Navy and following designated Iranian routes are allowed to pass. Any violations of these regulations would severely jeopardize maritime safety. The Iranian Revolutionary Guard Navy also stated that any US Navy intervention in the management of the Strait of Hormuz or disruption of navigation order would face severe military retaliation. (CCTV News)

[Iran and US Continue Standoff Over Merchant Shipping in Strait]On May 31, recordings from the public radio channel provided by crew members of a stranded merchant vessel near the Strait of Hormuz revealed that the Iranian Revolutionary Guard Navy and US military aircraft issued warnings to the relevant ships on the 30th. The radio recordings indicated that on the evening of the 30th local time, the Iranian Revolutionary Guard Navy issued a stern warning to vessels in the Persian Gulf and the Sea of Oman, stating that the Strait of Hormuz remains closed and only vessels granted permission by the Iranian Revolutionary Guard Navy and following designated Iranian routes are allowed to pass. Any violations of these regulations would severely jeopardize maritime safety. The Iranian Revolutionary Guard Navy also stated that any US Navy intervention in the management of the Strait of Hormuz or disruption of navigation order would face severe military retaliation. (CCTV News)

Iran and US Continue Standoff Over Merchant Shipping in Strait

On May 31, Hyperliquid Hub disclosed that Hyperliquid's revenue in the past 24 hours was $964,767. Even if this revenue were entirely used to buy back and burn HYPE on the open market, it would still not be enough to fully offset the HYPE rewards distributed to stakers and validators. As a result, due to relatively low fee income for the day, HYPE is expected to experience slight inflation today. However, considering that 431.1 million HYPE is currently staked (with an annual yield of approximately 2.26%), the nearly $1 million in protocol revenue per day is actually a quite strong performance.

[Hyperliquid Reports $964,767 Revenue in Last 24 Hours, Insufficient to Offset HYPE Rewards]On May 31, Hyperliquid Hub disclosed that Hyperliquid's revenue in the past 24 hours was $964,767. Even if this revenue were entirely used to buy back and burn HYPE on the open market, it would still not be enough to fully offset the HYPE rewards distributed to stakers and validators. As a result, due to relatively low fee income for the day, HYPE is expected to experience slight inflation today. However, considering that 431.1 million HYPE is currently staked (with an annual yield of approximately 2.26%), the nearly $1 million in protocol revenue per day is actually a quite strong performance.

Hyperliquid Reports $964,767 Revenue in Last 24 Hours, Insufficient to Offset HYPE Rewards

On May 31, a Bloomberg survey of economists predicted that the U.S. unemployment rate for May will remain unchanged at 4.3%, while non-farm payrolls are expected to increase by 89,000. This increase would raise the three-month average job growth to its highest level in over a year, sparking discussions in the market about a continued acceleration in hiring. Forecasters expect the healthcare sector to maintain strong momentum, while cyclical sensitive industries such as construction, leisure, and hospitality are also expected to show signs of recovery, benefiting from the warm weather over the past month. Additionally, manufacturing employment may receive a boost as consumers stockpile goods in anticipation of potential price increases due to the Iran conflict.

[U.S. Employment Report Next Week Expected to Show Steady Job Growth with Stable Unemployment Rate]On May 31, a Bloomberg survey of economists predicted that the U.S. unemployment rate for May will remain unchanged at 4.3%, while non-farm payrolls are expected to increase by 89,000. This increase would raise the three-month average job growth to its highest level in over a year, sparking discussions in the market about a continued acceleration in hiring. Forecasters expect the healthcare sector to maintain strong momentum, while cyclical sensitive industries such as construction, leisure, and hospitality are also expected to show signs of recovery, benefiting from the warm weather over the past month. Additionally, manufacturing employment may receive a boost as consumers stockpile goods in anticipation of potential price increases due to the Iran conflict.

U.S. Employment Report Next Week Expected to Show Steady Job Growth with Stable Unemployment Rate

According to CCTV News, on May 30 local time, US Secretary of Defense Lloyd Austin stated at the Shangri-La Dialogue in Singapore that the US is striving to reach an agreement in negotiations with Iran. However, if the talks yield no results, the US is prepared to resume military strikes. The day before, President Trump held a meeting in the White House Situation Room regarding the situation with Iran but did not make a 'final decision' on the related agreement. In February of this year, the US and Israel jointly launched attacks on Iran, followed by the US blocking Iranian ports. Iran has also implemented special controls on navigation through the Strait of Hormuz. The conflict has resulted in numerous casualties and an increase in global energy prices. (CCTV News)

[US Defense Secretary: Negotiations with Iran Continue, Military Options Remain on the Table]According to CCTV News, on May 30 local time, US Secretary of Defense Lloyd Austin stated at the Shangri-La Dialogue in Singapore that the US is striving to reach an agreement in negotiations with Iran. However, if the talks yield no results, the US is prepared to resume military strikes. The day before, President Trump held a meeting in the White House Situation Room regarding the situation with Iran but did not make a 'final decision' on the related agreement. In February of this year, the US and Israel jointly launched attacks on Iran, followed by the US blocking Iranian ports. Iran has also implemented special controls on navigation through the Strait of Hormuz. The conflict has resulted in numerous casualties and an increase in global energy prices. (CCTV News)

US Defense Secretary: Negotiations with Iran Continue, Military Options Remain on the Table

On May 31, the U.S. Securities and Exchange Commission charged Texas resident Nathan Fuller with involvement in a cryptocurrency investment fraud case amounting to $12.3 million.

[U.S. SEC Accuses Nathan Fuller of $12.3 Million Cryptocurrency Investment Fraud]On May 31, the U.S. Securities and Exchange Commission charged Texas resident Nathan Fuller with involvement in a cryptocurrency investment fraud case amounting to $12.3 million.

U.S. SEC Accuses Nathan Fuller of $12.3 Million Cryptocurrency Investment Fraud

On May 31, Trump's potential re-election as president in 2024 and his embrace of cryptocurrency are widely seen as a significant victory for the digital asset industry. However, his personal interests in this field have sparked some turmoil. As Congress intensifies its push for legislation known as the Clarity Act, which aims to establish rules for digital assets and could trigger a wave of institutional investment, Trump's expanding cryptocurrency empire has provided critics with new reasons to oppose the bill. This issue has become increasingly contentious ahead of the fall midterm elections. Currently, the Clarity Act is awaiting a full Senate vote, with lawmakers still debating whether to include ethical provisions that would restrict elected officials from investing in digital assets, with Trump's substantial interests in the crypto space being one of the flashpoints in this debate.

[Analysis: Trump's Personal Interests in the Crypto Industry May Jeopardize the Clarity Act Legislation]On May 31, Trump's potential re-election as president in 2024 and his embrace of cryptocurrency are widely seen as a significant victory for the digital asset industry. However, his personal interests in this field have sparked some turmoil. As Congress intensifies its push for legislation known as the Clarity Act, which aims to establish rules for digital assets and could trigger a wave of institutional investment, Trump's expanding cryptocurrency empire has provided critics with new reasons to oppose the bill. This issue has become increasingly contentious ahead of the fall midterm elections. Currently, the Clarity Act is awaiting a full Senate vote, with lawmakers still debating whether to include ethical provisions that would restrict elected officials from investing in digital assets, with Trump's substantial interests in the crypto space being one of the flashpoints in this debate.

Analysis: Trump's Personal Interests in the Crypto Industry May Jeopardize the Clarity Act Legislation

On May 31, ClearBank Europe announced the launch of its digital asset track, a new feature that enables programmable liquidity and allows for 24/7 fiat payments in euros via SEPA Instant for cross-border settlements. This service is available to regulated entities, including Electronic Money Institutions (EMIs), Payment Institutions (PIs), and banks. Companies regulated by the Dutch Financial Authority (MiCA) with non-retail purposes can also transfer funds through the digital asset channel.

[ClearBank Launches Digital Asset Channel]On May 31, ClearBank Europe announced the launch of its digital asset track, a new feature that enables programmable liquidity and allows for 24/7 fiat payments in euros via SEPA Instant for cross-border settlements. This service is available to regulated entities, including Electronic Money Institutions (EMIs), Payment Institutions (PIs), and banks. Companies regulated by the Dutch Financial Authority (MiCA) with non-retail purposes can also transfer funds through the digital asset channel.

ClearBank Launches Digital Asset Channel

bill Surges 10.42% in 24H, Currently at 0.072698 USDT

【bill currently trades at 0.072698 USDT, up 10.42% in 24h, according to HTX market data.】bill Surges 10.42% in 24H, Currently at 0.072698 USDT

bill currently trades at 0.072698 USDT, up 10.42% in 24h, according to HTX market data.

On May 31, according to The Information, Meta is establishing a new enterprise solutions division aimed at deploying engineers and product managers to enterprise client teams. This move is part of Meta's efforts to demonstrate to investors the rationale behind its substantial investments in artificial intelligence infrastructure.

[Meta Establishes New Enterprise Solutions Division]On May 31, according to The Information, Meta is establishing a new enterprise solutions division aimed at deploying engineers and product managers to enterprise client teams. This move is part of Meta's efforts to demonstrate to investors the rationale behind its substantial investments in artificial intelligence infrastructure.

Meta Establishes New Enterprise Solutions Division

Data shows that NFT trading volume in Q2 2022 has dropped by 41%, according to the ‘2022 Q2 NFT Industry Report’ created by Footprint Analytics and published on August 7. As per the report, which summarizes and analyzes the overall data of the NFT industry for the observed period, investment capital since the year’s turn “was flowing into the NFT market for collectibles, gaming, and art” due to lower prices in the cryptocurrency market. Consequently, these positive developments “drove the NFT market to an unprecedentedly active trading volume, hitting a new high of $8.6 billion.” The report said: “However, in mid-May, the crypto market faced considerable challenges and the NFT market cooled off. NFT trading volume dropped from $19.02 billion in Q1 to $11.26 billion in Q2.”

Detail

【Non-fungible token Q2 trading volume drops 40% as interest in NFTs wanes】Data shows that NFT trading volume in Q2 2022 has dropped by 41%, according to the ‘2022 Q2 NFT Industry Report’ created by Footprint Analytics and published on August 7. As per the report, which summarizes and analyzes the overall data of the NFT industry for the observed period, investment capital since the year’s turn “was flowing into the NFT market for collectibles, gaming, and art” due to lower prices in the cryptocurrency market. Consequently, these positive developments “drove the NFT market to an unprecedentedly active trading volume, hitting a new high of $8.6 billion.” The report said: “However, in mid-May, the crypto market faced considerable challenges and the NFT market cooled off. NFT trading volume dropped from $19.02 billion in Q1 to $11.26 billion in Q2.”

Non-fungible token Q2 trading volume drops 40% as interest in NFTs wanes

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Article

a16z-Linked Entity Increases Holdings by 226,121 HYPE, Totaling 3.9 Million HYPE at Average Price of $49.4

Non-fungible token Q2 trading volume drops 40% as interest in NFTs wanes

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