#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
UPCX is suspected to have been attacked by a Hacker, with approximately 70 million USD in assets being transferred.
On April 1, according to the on-chain security agency Cyvers Alerts (@CyversAlerts), the UPCX project (@Upcxofficial) encountered a security incident, and hackers accessed the address 0x4C.... 3583E, which upgraded the "ProxyAdmin" contract and performed the "withdrawByAdmin" function, transferred approximately 18.4M UPC tokens worth approximately $70 million from three different managed accounts. At present, all the stolen funds are still stuck in the address 0xFf7.... 334, no exchange operations have been detected. The official UPCX team has confirmed the incident and issued an announcement stating that "unauthorized activity has been detected." Cyvers reminds users to pay attention to asset security and provides relevant security protection services.