【AiCoin丨5.27 Snapshot: Institutional Accumulation, Hong Kong Licensing, Stablecoin Theft】

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  1. Trump announces Middle East agreement imminent, oil prices and bond markets plummet

  2. The U.S. Navy resumes escorting ships through the Strait of Hormuz, assisting approximately 10 vessels to pass

According to The Wall Street Journal, the U.S. Navy has resumed assisting ships crossing the Strait of Hormuz. A Greek supertanker carrying 10k barrels of crude oil received escort near the Oman coast and is heading to India for delivery. This marks the restart of the "Freedom Plan." U.S. military officials say they plan to assist about 10 ships in crossing the waterway in the coming days, including supertankers and container ships. -Original text

  1. Citi analyst: Market underestimates Fed rate cut chances, soft labor market and easing inflation make rate cuts more likely

Citi analysts stated that the market's expectations for Fed rate hikes may be misjudged, and that rate cut expectations could be re-priced in the coming weeks or months. They believe that although falling energy costs support holding rates steady, a soft labor market and easing inflation make a rate cut the more probable next step. -Original text

  1. Micron Technology rises 9.4%, market cap surpasses $1 trillion for the first time, UBS raises target price to $1,625

  2. Strive adds 1,109 Bitcoin, total holdings reach 16,500, quarterly return 11%

Asset management firm Strive added 1,109 Bitcoin, with a total transaction volume of approximately $85.4 million, at an average price of about $76,988 per Bitcoin. The company's Bitcoin holdings now total 16,500. The quarterly return is 11.0%, year-to-date return is 23.4%, and Bitcoin's return amplification factor is 45.2%. -Original text

  1. Hong Kong to establish licensing regime for virtual asset advisors and asset management services, draft bill targeted for submission in 2026

Hong Kong's Financial Services and Treasury Bureau and the Securities and Futures Commission released a consultation summary confirming the establishment of a licensing regime for virtual asset advisors and management service providers. The new regime is based on the scope of Type 4 and Type 9 regulated activities under the Securities and Futures Ordinance and incorporates the Anti-Money Laundering and Counter-Terrorist Financing Ordinance. The goal is to submit a draft bill in 2026. Along with trading and custody license arrangements, Hong Kong will form a comprehensive regulatory framework covering the entire virtual asset chain, and relevant institutions are encouraged to communicate with the SFC early regarding licensing. -Original text

  1. StablR hacked: exploited 1-of-3 multi-signature wallet vulnerability, over-issued $13.5 million tokens, cashed out $2.8 million

According to CoinDesk, StablR was exploited due to a vulnerability in the Ethereum 1-of-3 multi-signature wallet, leading to a suspension of USDR and EURR minting and redemption, and a request for exchanges to halt trading and deposits/withdrawals of the two tokens. After the attacker compromised a single private key, they set themselves as administrator and over-issued approximately 8.35 million USDR and 4.5 million EURR, pegged at about $13 million, with actual cash-out of around $2.8 million. The incident caused collateral shortfalls for both tokens, with USDR temporarily de-pegged to about $0.994 and EURR falling to about $0.548. -Original text

  1. Whales short HYPE before surge, close positions, nearly $7 million loss

The above are the hot topics of the past 24 hours. For faster news, please download AiCoin()

BTC-3.37%
ETH-4.16%
HYPE-4.51%
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