#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
Odaily Planet Daily News Blockchain analysis company Elliptic released a report stating that a vulnerability in the encrypted gaming platform PlayDapp could cause large losses. On February 9, an unauthorized wallet address minted 200 million PLA tokens worth 3650 Ten thousand U.S. dollars. Shortly after the incident, PlayDapp sent a message to the attacker through an on-chain transaction, demanding the return of the stolen funds and a $1 million white hat reward. However, the negotiations ultimately failed. On February 12, the hacker minted another 1.59 billion PLA tokens. Valued at $253.9 million and started moving through cryptocurrency trading platforms. On February 13, PlayDapp stated on social media platforms that the PLA smart contract had been suspended, and also reminded users to stop trading for migration snapshots, saying that it was making every effort to protect the holders' assets. (TheBlock) #2024New Year’s Message# #Bitcoin# #HotTopicDiscussion# #SOLS#