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Russian Deputy Finance Minister Ivan Chebeskov stated that Russia may introduce fees, recommendations, and technical protection mechanisms for "unfriendly" cryptocurrency transactions to protect Russian investors. During the preparation for the second reading of the cryptocurrency market regulation bill, one of the core topics is whether to allow specific digital assets (including USDT and BNB) to participate in trading. Ivan Chebeskov pointed out that the operation of such tools may pose high risks to Russian users, and therefore additional protective measures are being considered, including economic incentives such as fees or recommendations to encourage citizens to hold other assets.Previously, the Russian Ministry of Finance considered excluding USDT from the cryptocurrency market regulatory framework, but industry participants expressed their willingness to bear the risks of using the tool themselves. Additionally, in the regulatory concept proposed by the Central Bank of Russia last December, it was suggested that digital currencies and stablecoins be classified as foreign exchange assets, allowing buying and selling but prohibiting their use for domestic payments for goods and services. Ineligible investors may purchase the most liquid cryptocurrencies after passing specific tests, and the annual limit for purchasing assets through a single intermediary does not exceed 300,000 rubles.

Recently, the global memory chip sector has been active, with the expansion of AI computing power and the ongoing construction of data centers continuously driving market demand for high-performance storage products, attracting widespread attention from investors. According to Gate market data, Micron Technology (MU) reached a high of $933.49 in 24 hours, currently reported at $906.52, with a 24-hour increase of 3.49%; SK Hynix (SKHYNIX) reached a high of $1348.10 in 24 hours, currently reported at $1318.40, with a 24-hour increase of 8.31%. According to CoinGlass data, the trading volume of Gate MU (Micron Technology) contracts reached $11.3353 million in 24 hours, and the trading volume of Gate SKHYNIX (SK Hynix) contracts reached $3.9042 million in 24 hours, both ranking among the industry leaders, with the trading heat of related assets continuing to rise.

According to Cointelegraph, the Illinois State Legislature has passed the budget for the fiscal year 2027, which includes a provision to impose a 0.2% tax on cryptocurrency transactions, to be collected by digital asset brokers. This measure, referred to as the "privilege tax," is part of the amendment to the "Digital Asset Privilege Tax Act," which includes registration requirements for any digital asset broker operating in Illinois.Starting from January 1, brokers who fail to comply with the relevant regulations may be classified as a Class 3 felony in the state, facing two to five years of imprisonment and a fine of up to $25,000. The budget has been approved by the state legislature on Monday but still requires the signature of Governor JB Pritzker to take effect. JB Pritzker has publicly stated multiple times that he plans to sign the bill as soon as possible, but as of Friday morning, he has not yet signed it. Legislators expect that the cryptocurrency tax will generate $60 million in revenue for the state.

Michael Saylor, founder and executive chairman of Bitcoin Strategy, published an article on the X platform, stating that the Bitcoin ecosystem is gradually differentiating into four core ideologies: Bitcoin Maximalists, Bitcoin Capitalists, Bitcoin Technologists, and Bitcoin Fundamentalists.Among them, Maximalists emphasize Bitcoin as the globally dominant digital currency network; Capitalists advocate for Bitcoin's deep integration into banks, enterprises, and capital markets; Technologists support cautiously advancing protocol upgrades to enhance scalability, security, and functionality; and Fundamentalists focus on self-custody, node operation, decentralization, and protocol immutability.Saylor believes that the four ideologies correspond to the four forces of "belief, adoption, innovation, and guardianship." The future of Bitcoin should not choose between purity and adoption rate, or innovation and stability, but should achieve balance through "disciplined expansion": maintaining the stability and decentralization of the underlying protocol while placing most innovations on top of layer two networks, custody, credit, and capital market infrastructure.

The cryptocurrency project World Liberty Financial (WLFI), supported by the Trump family, stated that in light of recent updates to sanctions measures, WLFI maintains a risk-based sanctions compliance control mechanism to support legal and regulatory obligations applicable within relevant jurisdictions. Transactions involving sanctioned individuals, entities, or related wallet addresses may face enhanced scrutiny, denial, restrictions, or other appropriate compliance measures.Users should ensure that the source of funds and the original wallet address are not related to sanctioned individuals or prohibited activities when transferring digital assets. If transactions or accounts are affected during the compliance review process, its support team will assist users in taking subsequent steps.

According to official news, the world's largest derivatives exchange group, CME Group, announced the official launch of a 7×24 hour continuous trading mechanism for cryptocurrency futures and options products. The new trading session started on May 29, marking the first time that the traditional regulated derivatives market has fully aligned with the "around-the-clock trading" model for crypto assets.According to data disclosed by CME, over 7,200 cryptocurrency futures and options contracts were traded during the first weekend after the service went live, corresponding to a nominal trading volume of approximately $50 million, demonstrating the immediate demand for weekend liquidity from institutional and retail investors. Tim McCourt, CME's Global Head of Equity, FX, and Alternative Products, stated that cryptocurrency assets themselves operate on a 7×24 hour trading basis, and the launch of the around-the-clock trading mechanism by CME aims to bridge the time gap between the traditional regulated market and the crypto spot market, enabling continuous price discovery and risk management.At the same time, CME's newly launched Bitcoin Volatility Futures also opened for 7×24 hour trading. This product allows investors to trade the implied volatility of Bitcoin for the next 30 days directly, without bearing the risk of Bitcoin price fluctuations. Market participants believe this move indicates that the traditional financial system is further aligning with the crypto market. Following spot ETFs, tokenized assets, and stablecoins, the regulated crypto derivatives market is also beginning to evolve towards the same around-the-clock trading model as the spot market, which helps enhance institutional participation and improve weekend market liquidity.

According to Infobae, 10 judicial departments in Buenos Aires Province, Argentina coordinated a large-scale operation with security forces from various locations, which included 90 simultaneous raids. The operation resulted in the arrest of 24 individuals and the seizure of over 8 million USDT and nearly 60 million dollars in cash. Additionally, 80 mobile phones, computers, tablets, and processors were confiscated.The case investigates alleged investment fraud, which is believed to have caused losses of nearly 3 billion dollars. The coordination of this operation was handled by the Crypto Assets Assistance and Coordination Group of the Buenos Aires Attorney General's Office. According to the group's report, the seized amount exceeded the previous record held by this specialized group: during the RainbowEx operation in 2024, over 2 million dollars were seized.

Sui stated on platform X that the mainnet has been restored and transactions are proceeding normally. During the deployment of the long-term repair plan yesterday, the end of the epoch was triggered, causing a pause. When the validating nodes restarted to deploy the new binary files, the random number initializer that runs at the beginning of each epoch could not complete because its quorum threshold was higher than the Sui consensus mechanism. After the validating nodes restarted, there was a potential vulnerability in the fault state preservation mechanism, which prevented the network from completing the transition to the next epoch. Currently, the validating nodes have implemented a fix that addresses the underlying vulnerability and the affected epoch, and network activity has resumed.

Sui stated on platform X that due to issues during the epoch change, the Sui mainnet has stopped accepting user transactions. The validator nodes are still running and creating system transactions, but currently cannot accept user transactions. The Sui core team is investigating this issue and will release updates immediately.

According to data from Dune Analytics, the payment-specific Layer 1 blockchain Tempo, incubated by Stripe, has processed 3.9 million transactions across 177,000 addresses since its mainnet launch on March 18. Its native TIP-20 stablecoin standard currently supports a circulating supply of over $25 million, covering multiple issuers and yield-bearing token variants. The TIP-20 standard is implemented through precompiled contracts rather than ERC-20 contracts, making the stablecoin native to the Tempo protocol, allowing issuers to utilize programmable strategies including transfer rules, whitelists, and fee logic.The distribution of stablecoin supply spans multiple issuers, with pathUSD leading at $8.2 million, followed by USDB, USDT0, and USDC.e and EURC.e bridged through Stargate, each holding between $4.5 million and $5.5 million in circulation. The Tempo architecture supports direct payment of Gas fees in stablecoins, eliminating the need for a native token. Tempo has been fully indexed by Dune Analytics, allowing for direct comparison with stablecoin data from major blockchains such as Tron, Solana, and Ethereum.

Sui official announcement, the mainnet is currently experiencing network stagnation, and the core development team is actively working to resolve it. Please note that transactions may be suspended at this time, and the latest updates will be released as soon as possible.

According to the "Urban Renewal '14th Five-Year' Plan" issued by the State Council on May 22, 2026, the State Council clearly proposed to promote the empowerment of blockchain technology in housing transactions, property registration, and other fields to enhance the intelligence and refinement of urban governance.The plan simultaneously deploys the construction of a City Information Model (CIM) basic platform, creating a compact, unified, data-integrated, and efficient collaborative urban digital foundation. It aims to improve the CIM basic database and standard system, advance the coding of housing construction and municipal facilities, build a national basic information database for housing construction and municipal facilities, and establish a three-tier urban operation management service platform system at the national, provincial, and city levels, promoting a "one network for unified management" of urban operations.

According to CoinDesk, Michael Kramer, founder and CEO of Motte Capital Management, stated that the U.S. Treasury's related settlement operations are expected to withdraw about $150 billion in liquidity from the financial system, which may exacerbate Bitcoin's current decline.He pointed out that Bitcoin often serves as a leading indicator of liquidity and has recently fallen below the key support level of approximately $75,000, down about 11% from this month's high of $82,500. Michael Kramer expects that this round of liquidity tightening will mainly come from U.S. Treasury bonds and short-term Treasury bill settlements.

Block's payment application Cash App now supports users in sending and receiving USDC stablecoins issued by Circle on Ethereum, Solana, Polygon, and Arbitrum, with no fees currently charged for related transfers.The stablecoins received by Cash App will be automatically converted to a dollar balance. This feature is not yet available to customers in New York State, and users must complete identity verification and are subject to transaction limits.Block has previously focused on Bitcoin, including the development of mining hardware and the self-custody wallet BitKey; Jack Dorsey stated earlier this year that stablecoins represent "a shift from one gatekeeper to another," while acknowledging the growing customer demand.

The South African National Treasury and the South African Reserve Bank (SARB) stated that they are shifting the focus of cryptocurrency asset regulation to rules governing cross-border digital asset activities, rather than restricting the holding itself, and have extended the public comment deadline for the draft Capital Flow Management Regulations to June 30, 2026. Both parties clarified that the proposed rules are not intended to criminalize the holding of cryptocurrency assets and will not be applied retroactively. A draft manual for the cross-border cryptocurrency asset framework will be released later, clarifying the definition of cross-border cryptocurrency transactions and the obligations of authorized cryptocurrency service providers.

According to Fortune magazine, Elon Musk's close friend and founder of Valor Equity Partners, Antonio Gracias, may gain over $100 billion in wealth due to the SpaceX IPO.It is reported that Valor holds more than 500 million shares of SpaceX Class A stock. If SpaceX goes public with a rumored valuation of $1.75 trillion to $2 trillion, the value of its holdings could reach between $90 billion and $140 billion.At the same time, the approximately $20 billion related party transactions between SpaceX and Valor have also sparked corporate governance controversies. Documents show that subsidiaries related to xAI under SpaceX had signed three GPU infrastructure leasing agreements with Valor, all of which were guaranteed for payment by SpaceX. The auditing firm PwC believes that the nature of the transaction is closer to a loan rather than a normal sale-leaseback, and therefore requires that approximately $9 billion of related debt be included in SpaceX's balance sheet.

OKX Ventures cited data from Token Terminal on platform X, indicating that the monthly transaction count on Ethereum has exceeded 70 million, setting a new historical high. At the same time, the median transaction fee on the network has dropped to approximately $0.00554, also setting a new historical low. This indicates that Ethereum is gradually achieving the network characteristics of "high efficiency and low cost."In light of this, OKX Ventures believes that Layer 2 solutions and modular architecture are continuously reducing the cost of on-chain interactions, and the historically high Gas fee issue is significantly improving. As transaction costs decrease to sufficiently low levels, applications such as stablecoins, blockchain games, social platforms, AI Agents, and RWA (real-world assets) will find it easier to attract real users.The competition among public chains is entering the "experience era," where future competition will no longer be based solely on TPS, but rather on whether the network can provide better security, liquidity, and user experience. Ethereum still maintains a strong advantage in terms of developer and ecosystem strength. As costs decline, activities such as on-chain payments, asset issuance, and cross-border settlements are expected to continue growing, with blockchain infrastructure gradually becoming part of the mainstream digital economy.OKX Ventures will continue to focus on infrastructure upgrades and the long-term application value within the Ethereum ecosystem. The truly important signal is not just market price fluctuations, but the continuous growth of real on-chain usage.