lab

NVIDIA (NVDA) CEO Jensen Huang stated that NVIDIA's collaboration with SK Hynix and SK Telecom is expected to bring hundreds of billions of dollars in business opportunities to South Korea in the future.Huang mentioned that as the construction of artificial intelligence infrastructure continues to advance, and the demand for AI chips, memory, and communication technologies grows, the deep cooperation between NVIDIA and South Korean technology companies will become an important driving force for the development of South Korea's AI industry and may create significant economic value.

Yuga Labs CEO Michael Figge posted on the X platform that his team has just completed a white hat operation on a vulnerability found in the Flooring Protocol. The following assets are now safely held by Yuga Labs: 29 Bored Apes, 4 Mutant Apes, 1 BAKC, 2 CryptoPunks, 1 Azuki, 2 Elementals; 26 Captains, 1 Moonbird, 2 Doodles.Team Vice President @0xQuit recovered these assets, and @coffeedev discovered that the same vulnerability posed a greater risk to other Flooring collectible series (such as BAYC and CryptoPunks). Figge instructed GrailsOTC trading desk to advance funds and NFTs to rescue the at-risk assets from the protocol. The team will work with the protocol developers to return the assets.

According to Jinshi reports, Goldman Sachs economists stated that due to a stronger-than-expected labor market, they no longer expect the Federal Reserve to cut interest rates this year. The bank has pushed back the expected timing of the last two rate cuts from December 2026 and March 2027 to June and December 2027. However, Goldman Sachs' chief U.S. economist, Jan Hatzius, pointed out that the likelihood of the Federal Reserve raising interest rates remains low as inflation "seems unlikely to become self-sustaining."In May, U.S. job growth exceeded all expectations, demonstrating the resilience of the labor market and intensifying market bets that the central bank will raise interest rates. Goldman Sachs continues to believe that the likelihood of a rate hike is low, but has slightly increased the probability of a small rate hike from 10% to 20%. The bank's baseline forecast still anticipates two rate cuts of 25 basis points next year, but the probability has been reduced from 40% to 30%. Goldman Sachs also lowered its U.S. unemployment rate forecast for this year from 4.6% to 4.4%.

According to Jinshi reports, Goldman Sachs economists stated that due to a stronger-than-expected labor market, they no longer expect the Federal Reserve to cut interest rates this year. The bank has pushed back the expected timing of the last two rate cuts from December 2026 and March 2027 to June and December 2027. Goldman Sachs' Chief U.S. Economist Jan Hatzius pointed out that although the likelihood of a rate hike is low, the probability of a small rate increase has been raised from 10% to 20%. Goldman Sachs also revised its forecast for the U.S. unemployment rate this year from 4.6% to 4.4%.

The revenue agreement PiggyBank issued a statement acknowledging a serious error in the LAB token basis trading that took place last month. PiggyBank disclosed that the team previously purchased locked LAB tokens at a low price through OTC channels for about $100,000 (accounting for approximately 2% of the portfolio) and simultaneously shorted perpetual contracts for hedging.However, during the holding period, LAB encountered severe market manipulation, liquidity depletion, and deeply negative funding rates, leading to excessively high hedging costs. The team ultimately chose to close the short position to limit downside risk. Based on current prices, the total value of the locked LAB position is $1.35 million. However, due to the lack of liquidity in this position, PiggyBank will exclude it from the net asset value calculation until the first unlock on August 14.Although the situation is still changing and there is still potential for considerable returns, this is the "fairest and most transparent" way for users to manage liquidity. Therefore, today's net asset value will show a decline of approximately 15% in the USDC treasury, about 12% in SPYx, and about 9% in JitoSOL. A detailed report will be released next week, including follow-up processing plans. On-chain investigator ZachXBT previously publicly questioned PiggyBank, accusing it of insider control over more than 95% of the supply.

According to market news, the subscription orders for SpaceX's initial public offering (IPO) have exceeded the number of shares available for issuance.

According to Jinshi, the U.S. Bureau of Labor Statistics announced that the non-farm payroll employment for March was revised from 201,000 to 214,000; the non-farm payroll employment for April was revised from 115,000 to 179,000.After the revisions, the total number of new jobs for March and April is 93,000 higher than before the revisions.

Bitget CEO Gracy Chen recently elaborated on Bitget's strategic layout in the field of tokenized assets during an online AMA titled "The Future of RWA" hosted by Reality. She revealed that since proposing the Universal Exchange (UEX) strategy in early 2025, Bitget has been accelerating its evolution from a traditional crypto exchange to a platform covering all categories of assets. During a meeting with the COO of BlackRock, she introduced the "10% Vision": it is expected that by 2030, approximately 10% of global financial assets will exist in tokenized form. Currently, the penetration rate of tokenized stocks is only 0.01%, indicating a significant incremental space in traditional financial markets, which is precisely the trend that Reality is built upon.Gracy summarized "why now" as the convergence of five major trends: stablecoins have become a global settlement channel, especially in regions where fiat currencies are weak, creating demand for dollar-denominated investment products; there is a surge in user willingness for diversified asset allocation; blockchain performance, custody, compliance, and market maker systems are maturing; regulatory frameworks in the US, Europe, and Hong Kong are moving from ambiguity to structured clarity; and the market's demand for capital efficiency is driving the release of new liquidity in tokenized assets.When discussing the pain points of the tokenized stock market, Gracy stated that some existing issuers often cause a deviation between the token price and the underlying asset price when handling corporate actions such as dividends and stock splits. The Reality platform is focused on addressing this issue by strictly aligning the Net Asset Value (NAV), supporting the mapping of dividends and corporate actions, and enhancing the consistency between tokenized assets and the real underlying assets. She also revealed that Bitget will continue to expand asset categories and further improve the UEX Universal Exchange ecosystem.

According to The Block, the core development team of the Cosmos ecosystem, Cosmos Labs, announced the acquisition of the Cosmos block explorer Mintscan and the establishment of a new subsidiary, Cosmos Labs Korea, in Seoul, South Korea, to coordinate the construction of several key infrastructures in the Cosmos ecosystem.According to Barry Plunkett, Co-CEO of Cosmos Labs, the transaction negotiations began in October 2025, initiated by the co-founder of the South Korean crypto company Stamper (the legal entity of Cosmostation). Both parties did not disclose the transaction amount, financing method, or whether it involved Cosmos Hub tokens.

According to a report by Barron's, on the eve of SpaceX's IPO, insiders at Rocket Lab concentrated on selling over 124,000 shares, cashing out more than $18.41 million in total. This includes the company's General Counsel Arjun Kampani, Vice President of Space Systems Brad Clevenger, COO Frank Klein, and Alex Slusky, head of the shell company behind the company's listing, Vector Capital.Previously, the company's stock price had surged significantly due to the optimistic sentiment in the industry brought about by the increase in SpaceX's valuation. This Monday, Rocket Lab (RKLB) saw its stock price drop by 15% to $122.39 at one point.

Unitas Labs announced a strategic research cooperation intention with the Hong Kong listed company New City Development Group (HKEX: 0456). Both parties will conduct research on RWA asset allocation and blockchain financial management, exploring feasible paths for listed companies to participate in digital asset strategies in a compliant and prudent manner. This cooperation does not constitute any financial product issuance or investment advice.

According to The Block, the U.S. Department of Justice stated that in a joint anti-fraud operation codenamed "Disruption Week," private sector participants froze over $3.8 million in cryptocurrency assets related to fraud. Participating organizations include Coinbase, Meta, Google, Microsoft, SpaceX, TRM Labs, and others.The operation also led to the arrest of 7 fraudsters by Thai police and the identification of multiple fraud platforms handed over for investigation by the U.S. authorities. Data from the FBI shows that losses reported from cryptocurrency investment fraud in 2025 increased by 24% year-on-year, exceeding $7.2 billion.

According to Jinshi reports, Federal Reserve official Logan stated that the current financial environment is loose, and the labor market remains stable.

BNB Chain announced that it will hold the BNB Hack: AI Trading Agent themed hackathon season from June 3 to 21. This event is in collaboration with CoinMarketCap and Trust Wallet, aiming to enable developers to build intelligent agents that can automatically formulate strategies and trade 24/7 based on their tech stack.The hackathon features 2 main tracks, with a sprint period of 3 weeks and a total prize pool of $36,000. Additional rewards include API credits, one-on-one mentorship, and ecosystem resource support.

Unitas Labs announced that its yield-generating gold asset XGLD officially launched today. It is reported that this asset is backed 1:1 by Tether Gold (XAUt).The official statement indicates that XGLD aims to break the limitations of traditional gold with zero yield. Users can gain exposure to gold prices while continuously earning passive income through Unitas strategies, thereby further integrating gold assets into the DeFi ecosystem.

According to Reuters, the UK's Financial Conduct Authority (FCA) has warned football clubs, including Premier League clubs, that entering into sponsorship agreements with unauthorized cryptocurrency companies and trading platforms may expose clubs to legal liabilities, money laundering risks, and reputational damage.The FCA stated that some unlicensed cryptocurrency businesses operating in the UK are reaching large fan bases through football sponsorships, potentially violating UK financial promotion rules. The regulatory body has contacted some clubs regarding these partnerships and urged them to strengthen due diligence on their partners.Lucy Castledine, the FCA's Director of Consumer Investments, stated that millions of fans trust club brands, and clubs should not allow unauthorized financial institutions to exploit this trust to promote potentially risky products to fans. UK Sports Minister Stephanie Peacock also stated that while sponsorship revenue is crucial for the football industry, fans have the right to know whether the companies partnering with clubs are safe, responsible, and compliant.

According to The Block, U.S. Senators Bernie Sanders and Elizabeth Warren, along with Representative Robert Scott, sent a letter to the Department of Labor requesting the withdrawal of a proposed rule that would allow 401(k) retirement plans to include alternative assets such as cryptocurrencies. The lawmakers stated in the letter that the proposed rule would create a so-called safe harbor for fiduciaries offering alternative investments, which would strip retirement savers of long-standing investor protections and encourage the use of riskier, more complex, and expensive investments.The Department of Labor announced the proposed rule in March, providing guidance steps for 401(k) plan managers to include alternative assets (including private equity, real estate, and digital assets) in their portfolios. Lawmakers expressed concerns about the volatility of digital assets and cited a Federal Bureau of Investigation report indicating that crypto-related fraud losses could exceed a record $11 billion in 2025. They also pointed out the Trump family's conflicts of interest in the crypto space, stating that the Department of Labor's proposed rule could enhance the president's interests at the expense of ordinary workers and retirees.

The decentralized finance protocol Ethena announced a partnership with Coinbase, and both parties will jointly develop on-chain financial and savings products for Coinbase's over 100 million users, with the first growth plan set to launch next week.Meanwhile, Coinbase Ventures has completed its initial investment in Ethena (ENA) in the public market.

To welcome Istanbul Blockchain Week (IBW2026), B.AI announced a joint interactive event called Twitter Bingo with AINFT and Bank of AI.It is reported that the event will take place from June 1 to June 5. Users can participate in the prize pool of a total of 500 USDT and 500,000 AI Credits (computing power) by completing screenshot tasks, leaving designated comments, and tagging friends in the official tweet. In addition, the event has a tiered reward mechanism, where the system will draw 20 or 50 eligible users based on the final number of valid comments (with a threshold of 300), with each receiving a reward of 10 USDT.

DeFi infrastructure Unitas Labs announced the launch of the interest-bearing gold asset xGLD, aimed at introducing gold exposure into its product matrix, marking Unitas's expansion from stablecoin infrastructure into more interest-bearing asset domains.It is reported that xGLD is issued on the Binance Smart Chain and is 100% backed by Tether Gold (XAUt), which represents physical gold. Whitelisted users can mint xGLD using USDT, and the protocol will then lend out the XAUt collateral at a loan-to-value ratio of 70% to generate stablecoins, which will be deployed into yield strategies, with the returns distributed to xGLD holders.In terms of operational mechanics, the minting fee for xGLD is 0%, and the redemption fee is 0.1%. Ordinary users can obtain this asset through USDT/xGLD swaps on BSC; during redemption, xGLD must be exchanged for XAUt, with a 7-day cooling period before XAUt can be claimed on Ethereum. In the future, this asset is planned to be further integrated as collateral into lending markets, liquidity pools, and other DeFi ecosystems. Additionally, Unitas plans to collaborate with Accountable and Primus to provide reserve proof dashboards and backup data support to ensure the transparency of the collateral.