#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
Cork Protocol confirms that the wstETH:weETH market has experienced a security incident and has suspended all markets.
PANews reported on May 28 that according to the announcement of Cork Protocol, at 11:23 UTC today, a security incident occurred in the wstETH:weETH market on the platform. At present, in order to prevent the risk from expanding, Cork has suspended trading in all other markets, and no other markets are affected for the time being. The team is actively investigating the cause of the incident and will continue to provide updates on developments.