Today's top news highlights:

Tianya Community has relaunched and launched the "Tianya Restarter Digital Badge," limited to 9,999 badges and subject to a one-year transfer limit of three times.

BullX: Trading functionality will be suspended in the current version of the application starting June 1st.

Kraken plans to launch perpetual contracts regulated by the US CFTC within the next 30 days.

Data: SUI, EIGEN, OPN and other tokens will see a large unlock next week, with SUI unlocking value estimated at approximately $13.1 million.

Regulation & Macro

The State Council's Regulations on Outward Investment have been promulgated and will take effect on July 1.

The State Council has promulgated the "Regulations on Outward Investment," which will take effect on July 1, 2026. The regulations support investors in conducting outward investment according to market principles, making independent decisions, bearing their own risks, and assuming their own profits and losses. They also require compliance with laws, regulations, and international practices, fulfillment of social responsibilities, and prohibition of actions that endanger national security and interests. Relevant departments of the State Council will formulate and adjust outward investment policies, clarifying encouraged, restricted, and prohibited areas, and strengthening supervision. Investors must legally complete approval and filing procedures, information reporting, and cross-border fund registration, and are prohibited from illegally exporting or transferring goods, technologies, services, and data that are prohibited or restricted from export by the state.

European Central Bank official: The best solution for the ECB to deal with stablecoins is to launch a digital euro.

European Central Bank (ECB) Executive Board member Isabel Schnabel stated that stablecoins pose risks to financial stability and monetary policy, and the best response from the ECB would be the introduction of a digital euro. She pointed out that stablecoins could increase the risk of bank runs, weaken interest rate transmission, and solidify the dollar's dominance. The ECB's strategy relies on a digital euro and tokenized central bank currency. Previously, Federal Reserve Governor Waller stated that stablecoins could expand US policy influence and questioned the validity of CBDCs.

Federal Reserve Governor Waller: The widespread adoption of stablecoins will amplify the Fed's policy influence.

Federal Reserve Governor Waller stated that the global adoption of stablecoins could amplify the influence of the Federal Reserve's policies. For adopting countries, stablecoins are similar to fixed exchange rate systems, which would incur costs for U.S. currency and expand the scope of U.S. monetary policy's influence.

Project Updates

The AROS token on the BSC chain suffered an attack, resulting in a loss of approximately $295,300.

The AROS token on the BSC chain was attacked, resulting in a loss of approximately $295,300.

NVIDIA releases new AI model Nemotron 3 Ultra

NVIDIA CEO Jensen Huang unveiled the new AI model Nemotron 3 Ultra and officially entered the PC chip market with a new processor, aiming to break Intel's monopoly and drive PC devices to adapt to the AI era. NVIDIA also launched an intelligent agent toolkit including NemoGuard, Nemotron, OpenShell, and CUDA-X. NVIDIA will collaborate with MediaTek to develop the RTX SPARK PC chip, with computers equipped with this chip expected to launch this fall. In addition, NVIDIA launched the Alpamayo 2 super open inference model specifically designed for robotaxis, and the NVIDIA ISAAC GR00T humanoid robot reference platform for academic research.

Upbit will list its SLX token on the Korean Won, BTC, and USDT markets.

South Korean cryptocurrency exchange Upbit will list the SLX token on the Korean Won, BTC, and USDT markets, with trading commencing at 14:00 local time on June 1st.

Arthur Hayes and Kyle Samani wagered $100,000 on HYPE's performance this year outperforming SOL.

Arthur Hayes challenged Kyle Samani to a bet that HYPE's price performance in US dollars this year would surpass any of the current top ten cryptocurrencies. Kyle Samani accepted the $100,000 charity bet and chose SOL as the target.

Binance Futures will launch SLXUSDT U-margined perpetual contracts today.

Binance Futures will launch SLXUSDT perpetual contracts on June 1, 2026 at 15:30, tracking the price of Solstice (SLX) with a maximum leverage of 20x.

NVIDIA announces the launch of the "NVIDIA DSX Platform," providing a complete solution for creating AI factories.

NVIDIA launched the "NVIDIA DSX Platform," providing a complete solution for creating AI factories, integrating open-source software libraries, APIs, reference designs, accelerated computing platforms, and partner technologies. CEO Jensen Huang stated at Gtc Taipei 2026 that tokens have become a revenue unit, AI companies will build more tokens and AI factories, and Taiwan's computing demand has skyrocketed.

Tianya Community has relaunched and launched the "Tianya Restarter Digital Badge," limited to 9,999 badges and subject to a one-year transfer limit of three times.

Starting June 1, 2026, Tianya Community will officially use the tianya.net domain name, gradually restore data access, and launch the "Tianya Rebooter Digital Badge." This badge, minted on AntChain, is limited to 9999 pieces and priced at 1999 yuan each. It serves as the sole proof of identity for "New Tianya Founding Members" and is permanently linked to community governance privileges. The badge supports compliant transfer, limited to three transfers within one year. Transfers must be completed through a nationally compliant cultural property rights exchange or an officially designated platform, with on-chain fuel costs borne by the official organization.

Michael Saylor has released another Bitcoin Tracker update; he may disclose data on his increased holdings next week.

Michael Saylor: STRC's dividend yield remained at 11.5% in June.

Binance Futures will launch 6 USDT-margined US stock perpetual contracts today.

Starting June 1, 2026 at 21:30, Binance Futures will launch USDT perpetual contracts for Eli Lilly (LLY), Novo Nordisk (NVO), BlackBerry (BBX), Nokia (NOK), iShares MSCI Taiwan ETF (EWT), and AST SpaceMobile (ASTS), all supporting leverage up to 20x.

BullX: Trading functionality will be suspended in the current version of the application starting June 1st.

BullX, a data aggregation and trading platform, announced that the trading functionality of the current version of its application will be suspended from June 1, 2026, to allow the team to focus resources on future development and improvements to the next version. Wallet functionality will continue to operate normally, with withdrawals, allocations, and other wallet management features functioning as usual.

Gate launches real stock trading service, giving crypto accounts direct access to global capital markets.

Kraken plans to launch perpetual contracts regulated by the US CFTC within the next 30 days.

Kraken expects to launch CFTC-regulated perpetual futures contracts to US institutional clients within the next 30 days. The contracts will be listed on Bitnomial, a CFTC-regulated exchange acquired by its parent company. This follows the CFTC's approval of Bitcoin perpetual contracts on May 29th, officially opening the US market to compliant perpetual contracts.

Sui attributed the three mainnet outages to upgrade vulnerabilities, one of which had a known outage risk before the patch was implemented.

The Sui Foundation released an analysis report on the three mainnet outages, attributing them to two vulnerabilities introduced during the v1.72 upgrade. The first outage lasted approximately six and a half hours, while the latter two occurred on Friday. The first two outages stemmed from a flaw in the "address balance" function that caused transaction fees to be deducted, resulting in negative balances that crashed validator nodes. The Foundation acknowledged that the emergency fixes carried known outage risks, and the third outage was triggered by another random state vulnerability. Sui stated that user funds are safe, the vulnerabilities have been fixed, a forced epoch-freezing mechanism has been established, and the AI agent has significantly accelerated the diagnostic process.

Opinions & Analysis

An early investor took profits on Binance Life, turning $2,480 into $12.38 million.

According to on-chain analyst Yu Jin, an address purchased 18.5 million tokens at $2,480 per coin within half an hour of Binance Life's launch last October, averaging $0.00013 per coin. Today, after Binance Life surged 40%, this address transferred 3.5 million tokens ($2.38 million) to Binance to lock in profits, while still holding 15 million tokens ($10 million). The total profit has increased to $12.38 million, a return of approximately 5,000 times.

Citigroup predicts that the tokenized securities market will reach $5.5 trillion by 2030.

A Citigroup report predicts that the market for tokenized real-world assets will grow from $17 billion to $5.5 trillion by 2030, and could reach $8.2 trillion in an optimistic scenario. Drivers include the embedding of tokenization into the core systems of traditional market infrastructure, a projected stablecoin market size of $1.9 trillion, and clear regulation provided by the U.S. Clarity Act. Assuming 10% of U.S. Treasury bonds and 3% of U.S. stocks are tokenized, and if 10% of U.S. investors shift to digital platforms, this would create $2.6 trillion in demand for digital stocks.

Analysis: Last week's $1.26 billion block trade in IBIT was likely a rapid exit by a major investor.

NYDIG analysis suggests that last week's $1.26 billion block trade on BlackRock's IBIT was more likely a large investor quickly exiting its Bitcoin exposure than a basis trade closing position. The trade was executed at $43.16 per share, a 2.3% discount to the market price, with execution costs of approximately $29.5 million. The discount indicates that the seller prioritized speed. CME Bitcoin futures saw only 91 contracts traded within the execution minutes, without any unusually high volume.

JPMorgan Chase: The "devaluation trade" between Bitcoin and gold is cooling down as investors withdraw from safe-haven assets.

JPMorgan analysts say that as tensions in the Middle East ease, investors are withdrawing from the Bitcoin and gold markets, and the momentum for "devaluation trading" is weakening. ETFs for both asset classes have seen outflows over the past two weeks, and institutional holdings in CME futures have also decreased. This is not a shift of funds from Bitcoin to gold, but rather a simultaneous weakening of demand.

Analysis: The weekend gap in CME Bitcoin futures will become history; bullish positioning has not yet formed a clear trend.

Starting May 29, 2026, CME Group Bitcoin futures will trade 24/7, ending the "futures gap" phenomenon caused by weekend trading closures, and classic short-term technical indicators will no longer generate this gap. The market has now filled the gap from the past week, and prices are hovering within the remaining gap range. Large traders' short positions continue to decline, but long positions have not yet formed a clear trend, and Bitcoin prices may continue to fluctuate in the short term.

Important data

An independent miner successfully mined block 951771 yesterday, earning a reward of approximately $230,000.

At 08:27 on May 31, an independent Bitcoin miner successfully mined block 951771 using 12 Canaan Avalon Nano 3S rigs and 2 Avalon Mini 3 rigs (total hashrate approximately 147 TH/s), earning a reward of 3.14 BTC (approximately $230,000). This miner was mining through the Braiins Solo platform, where the probability of finding a block is approximately 1 in 6.7 million.

Bitcoin spot ETFs saw net outflows of $1.42 billion last week, the third highest on record.

Last week (May 25-29), Bitcoin spot ETFs saw net outflows of $1.42 billion, the third highest on record. BlackRock's IBIT saw net outflows of $966 million, with a total historical net outflow of $63.81 billion; Grayscale's GBTC saw net outflows of $175 million, with a total historical net outflow of $26.62 billion. As of press time, Bitcoin spot ETFs have a total net asset value of $94.17 billion, an ETF net asset ratio of 6.38%, and a historical cumulative net inflow of $55.66 billion.

Two new wallets withdrew 984 BTC from BitGo, equivalent to approximately $72 million.

Bitwise purchased approximately 112,200 HYPE tokens from FalconX, worth $8.18 million.

A new address purchased 8.1 million Binance Life tokens, becoming one of the top 20 holders on the blockchain.

A new address, 0x82C…2ebD1, withdrew 5 million USDT from Bybit 17 hours ago and bought 8.1 million Binance Life tokens at an average price of $0.61417, holding 0.81% of the tokens and becoming a top 20 holder on-chain. The purchase drove the price up 32% before falling back to $0.6246, a 24-hour increase of 25%.

Loracle, HYPE's largest short seller, has transferred $64 million worth of physical assets to Hyperliquid, accompanied by stop-loss orders on his short positions.

After HYPE broke through $70, the largest short seller, Loracle, continued to reduce its short position, decreasing its 5x leveraged short position from $102 million to $60.94 million, currently showing a loss of $22.58 million (-74%). It has transferred 893,000 HYPE tokens to Hyperliquid, increasing their value to $64 million, and has not yet sold them. In the previous month, this whale had unlocked a total of 1.115 million HYPE tokens and sold 557,000 tokens on May 21st.

A certain whale has made a floating profit of $2.5 million from shorting BTC and ETH since November last year, while its short position in HYPE has a floating loss of over $1 million.

Address 0xc72…0517c established short positions in BTC, ETH, and HYPE starting in mid-November of last year. The BTC and ETH short positions are valued at approximately $7.321 million, with a floating profit of approximately $2.5 million; the HYPE short positions are valued at approximately $1.7 million, with a floating loss of approximately $1.029 million. Overall, there is still a floating profit of approximately $1.471 million.

Data: SUI, EIGEN, OPN and other tokens will see a large unlock next week, with SUI unlocking value estimated at approximately $13.1 million.

Next week, SUI, EIGEN, OPN and other tokens will see large-scale unlocks: SUI will unlock approximately 14.36 million tokens (approximately $13.1 million) at 8:00 AM on June 1st; EIGEN will unlock approximately 36.82 million tokens (approximately $7.8 million) at 12:00 PM on June 1st; OPN will unlock approximately 32.09 million tokens (approximately $4.4 million) at 8:00 PM on June 5th; RED will unlock approximately 40.85 million tokens (approximately $4.9 million) at 12:00 AM on June 7th; and ENA will unlock approximately 40.63 million tokens (approximately $3.7 million) at 3:00 PM on June 2nd.

HYPE short whale Loracle has paper losses exceeding $22 million, while another long whale has paper profits exceeding $46 million.

HYPE hit a new all-time high, breaking through $72. Whale Loracle has closed more than 50% of its short positions, currently holding 843,200 HYPE short positions ($60.7 million), with a paper loss exceeding $22 million. Another whale, "0x082," holds a 5x long position in HYPE, with a paper profit exceeding $46 million.

Ondo Finance will launch Ondo Perps, an RWA perpetual contract platform, within weeks.

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