#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
GMX and MIM_Spell contracts were attacked by a Hacker, resulting in a loss of 13 million dollars.
According to the Gate.io News bot, a report from the blockchain security company PeckShield monitored that the crypto assets trading platform GMX and related contracts of MIM_Spell were hacked. This attack resulted in approximately 6260 Ethereum (ETH) being stolen, with losses amounting to 13 million dollars based on current market prices.
The news was first released by the crypto assets information platform Wu Shuo.