#May CPI Incoming#
This Wednesday, the U.S. will release May CPI data — a key test for rate cut expectations. Cleveland Fed forecasts 2.4% YoY CPI (up from 2.3%), with core CPI flat.
💬 If inflation beats expectations, will the Fed still cut in June? Will you stay on the sidelines or take early action?
#Tech Giants Eye Stablecoins#
Apple, Google, Airbnb, and X are in talks to integrate stablecoins into their payment systems, aiming to cut fees and streamline global payments. Following Circle’s IPO surge, stablecoins are quickly gaining traction across tech and finance.
💬 Could stablecoins be
Beosin: The owner of the DSProxy contract was attacked by phishing and lost over 55.47 million DAI.
According to the Beosin Alert monitoring, over 55.47 million DAI tokens have been stolen due to a phishing attack. The owner of the attacked DSProxy contract was phished and the ownerAddress was changed to a phishing-related WalletAddress through the setOwner function. Beosin Trace is tracing the stolen funds.