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According to PR Newswire, global payment giant MoneyGram announced a strategic partnership with Layer 1 blockchain Tempo to become its core validation node for cross-border remittances (Anchor Remittance Validator) and participate in network transaction validation.The three parties will jointly build a global interoperable payment network based on stablecoins, promoting on-chain settlement in real fund flows, while Stripe will provide on-chain stablecoin settlement services for MoneyGram on the Tempo infrastructure.

According to Fortune, the decentralized derivatives trading platform Variational announced the completion of a $50 million Series A funding round, led by Dragonfly Capital, with participation from Bain Capital Crypto and Coinbase Ventures.The company is headquartered in the Cayman Islands and is dedicated to building an on-chain derivatives protocol for institutional and traditional financial traders. By aggregating liquidity from traditional finance and the crypto market, it aims to provide an on-chain market for real assets such as oil and commodities that can be traded instantly. Its core product, the Omni platform, adopts a zero-fee model and combines a liquidity pool mechanism to enhance market depth and execution efficiency.Variational stated that its goal is not to compete directly with centralized exchanges but to connect multi-source liquidity through a "brokerage-style" model, including traditional financial market makers and mainstream crypto trading platforms, to address the "liquidity cold start" problem in on-chain markets.

According to official news, Coinbase announced that it will launch spot trading for Nexus (NEX), and the NEX deposit function will be available after the issuer of Nexus opens the transfer function.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to $4.462 billion, with long positions of $2.19 billion, accounting for 49.08% of the holdings, and short positions of $2.272 billion, accounting for 50.92%. The profit and loss for long positions is $7.4996 million, while the profit and loss for short positions is -$65.9632 million.Among them, the whale address 0xa5b0..41 has taken a 15x leveraged long position on ETH at a price of $2265.48, currently showing an unrealized profit and loss of -$5.2837 million.

On-chain detective ZachXBT posted on his personal channel, stating that on-chain tracking analysis shows that in two investment plans related to Gurhan Kiziloz, there are signs of at least approximately $25 million in presale funds being used interchangeably, which were transferred to pay for promotions to KOLs and streamers, involving his online gambling platform.ZachXBT indicated that the fundraising materials for the related presale projects BlockDAG Network and ZKP did not disclose that the funds would be used to support other businesses, while on-chain data shows that the funds were pooled across multiple addresses and then transferred to exchanges through cross-chain bridges, flowing to promotional payment addresses.ZachXBT also named several related addresses, including the Spartans KOL payment address and the BlockDAG / ZKP presale wallet, and advised investors to stay away from the BlockDAG, ZKP, and Spartans projects. Retail investors are still continuously complaining about the related fund usage issues on social media.

Bloomberg analyst James Seyffart posted on the X platform, revealing that Morgan Stanley has submitted a revised application for its Solana ETF, with the proposed trading code $MSOL. The management fee information has not yet been disclosed.

According to CoinDesk, newly unsealed court documents show that Wall Street quantitative trading giant Jane Street is accused of obtaining insider non-public information from Terraform Labs through a private Telegram group called "Bryce's Secret" before the collapse of Terra in 2022, and preemptively selling approximately $192 million UST while establishing short positions, profiting about $134 million during the collapse of the Terra ecosystem, which was around $40 billion.The lawsuit claims that Jane Street sold approximately $85 million UST on Curve just 9 minutes after Terraform withdrew $150 million liquidity from the Curve pool on May 7, 2022, with the related wallet subsequently suspected of being a significant address that contributed to the UST depegging.Jane Street denies the allegations, stating that the lawsuit is "baseless" and that it will actively defend itself. The lawsuit also names co-founder Robert Granieri and trader Michael Huang, accusing them of violating federal securities laws and the Commodity Exchange Act.

According to monitoring by Catcher Predict, in the market prediction event on Polymarket "LoL: Nongshim Red Force vs KT Rolster (BO3) - LCK Rounds 1-2," the "Yes" option in the sub-market "Both teams kill Baron Nashor" has experienced a dramatic fluctuation in win rate, soaring from 27% an hour ago to the current 50% (a fluctuation of 23%). Please note the impact of relevant breaking news.

As cryptocurrency trading platforms gradually extend from trading single digital assets to traditional asset trading scenarios such as stocks, gold, foreign exchange, and indices, platform competition is shifting from "asset coverage" to "trading entry points, operational paths, and execution efficiency." Whether users can discover opportunities faster, enter the market, and complete transactions is becoming an important measure of the product experience on exchanges.Recently, Bitget announced the launch of the 10-second gold buying challenge, inviting users to record the entire process from opening the Bitget App homepage to completing a XAUUSD gold CFD transaction, with a chance to win rewards if completed in less than 10 seconds. The activity showcases the changes in mobile TradFi trading paths through actual user operations, reflecting that cryptocurrency exchanges are attempting to further streamline and simplify the trading experience of traditional financial assets.According to Bitget, the platform has previously brought TradFi to the first-level entry of the App homepage, covering traditional asset trading scenarios such as gold, stocks, foreign exchange, and indices. Compared to the past, where traditional asset trading typically required completion on independent platforms or through multiple entry points, Bitget aims to allow users to engage with various asset types more directly within the same platform through a unified entry point and optimized mobile processes.

According to The Block, Sarah Breeden, Deputy Governor for Financial Stability at the Bank of England, presented a vision for the digitization of the UK financial system at the 2026 London City Week conference, focusing on the integration of regulated stablecoins. A draft rule for systemic stablecoins is planned to be released next month, with the final version to be completed by the end of the year. Breeden pointed out that future retail payment systems should include various interchangeable forms of currency, including digital deposits and stablecoins.She stated that shared ledger technology is expected to reduce payment costs and accelerate processing speeds, minimizing intermediaries. In addition, smart contracts support customization, conditionality, and automation, further enhancing the efficiency of retail payments. Breeden emphasized that the Bank of England will actively support the responsible adoption of AI technology, including agent payments and commercial transactions.

According to the South China Morning Post, the Secretary for Financial Services and the Treasury, Hui Ching-yu, stated that gold can serve as a potential bridge between traditional finance and new finance. Hong Kong needs to provide more development opportunities for the digital asset market to support its sustainable growth. He also mentioned that based on the trend of "integration" between traditional finance and innovative finance, Hong Kong has not chosen to establish an independent regulatory body for digital assets. Hui Ching-yu noted that both gold ETFs and blockchain-based tokenized gold products have emerged in the market simultaneously.Previously, HSBC and Hang Seng Investment launched Hong Kong's first tokenized non-listed Hang Seng Gold ETF category product on HashKey Exchange in April.

According to Coin Desk, former U.S. Commodity Futures Trading Commission (CFTC) Chairman Timothy Massad stated that despite Trump's public commitment to oppose central bank digital currencies (CBDC) and government-backed stablecoins, the U.S. may ultimately launch a government-supported on-chain digital dollar scheme driven by the global development of tokenized finance.Massad mentioned that the White House is conducting closed-door research on the relevant infrastructure, and the U.S. has also participated in the Bank for International Settlements (BIS) Project Agora. Mark Gould, head of payment services at the Federal Reserve, stated that a digital dollar is currently not within the Federal Reserve's responsibilities, but if a government-supported digital dollar is launched, it will be the responsibility of the Federal Reserve.

According to the Financial Times, the Amsterdam company Qivalis has secured support from 37 European banks, including BNP Paribas, ING, and UniCredit, for its yet-to-be-launched euro stablecoin, making it the single euro stablecoin project with the most supporters in Europe.New supporters include ABN AMRO, Intesa Sanpaolo, and Rabobank. Qivalis has applied for a license from the Dutch central bank, aiming to receive approval in the second half of this year and plans to complete operational preparations upon receiving the license.

According to Coinglass data, the current 8-hour average funding rate for ETH across the network is 0.0045%. Among the current mainstream exchanges, the rate on Binance is 0.0031%, OKX is 0.0011%, Bybit is 0.0044%, and Gate is 0.0021%.

According to Coinglass data, the current 8-hour average funding rate for BTC across the network is 0.0046%. Among the current mainstream exchanges, the rate on Binance is 0.008%, OKX is 0.0029%, Bybit is 0.009%, and Gate is 0.0043%.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to $4.278 billion, with long positions at $2.106 billion, accounting for 49.23% of the holdings, and short positions at $2.172 billion, accounting for 50.77%. The profit and loss for long positions is -$4.4909 million, and for short positions is -$50.7891 million.Among them, the whale address 0xa5b0..41 has taken a 15x full position long on ETH at a price of $2265.48, currently showing an unrealized profit and loss of -$5.2917 million.

Cathie Wood's investment firm Ark Invest bought approximately $4.4 million worth of Bullish stock through three exchange-traded funds (ETFs) over the trading days on Monday and Tuesday.According to Ark's daily trading disclosures and the closing prices on those days, Ark purchased 52,308 shares on Monday and 69,712 shares on Tuesday, involving the three ETFs: Innovation ETF (ARKK), Next Generation Internet ETF (ARKW), and Blockchain and Financial Technology Innovation ETF (ARKF). This purchase occurred after Bullish's stock price had been declining consecutively. Over the past five trading days, Bullish's stock price has dropped a total of 15.4%, with a rebound of 1.88% on Tuesday, closing at $36.23. Despite the slight recovery, the stock has still fallen 16.7% over the past month.Ark actively adjusts its ETF holdings to ensure that no single stock accounts for more than 10% of the fund's portfolio. When certain asset values fluctuate significantly, a rebalancing of weights is conducted, and this increase in holdings falls under that routine management operation.On the fundamental side, Bullish disclosed mixed results for the first quarter last week. The company reported a net loss of $604.9 million, nearly doubling the loss from the same period last year, but adjusted revenue increased from $62.4 million a year ago to $92.8 million. CEO Tom Farley pointed out that the recent acquisition of Equiniti for $4.2 billion is a potential growth catalyst, aimed at integrating Bullish's tokenization technology stack with regulated agencies to create a comprehensive blockchain-enabled issuance service provider.Background information shows that Bullish went public in August 2025, issuing 30 million shares at a price of $37 per share. According to Bitcoin Treasuries data, the company remains the sixth largest publicly traded holder of Bitcoin, holding approximately 24,300 BTC.