MirrorBallReflection

CryptoWorld News reports that XBIT DEX announced that the Injective Vulcan mainnet upgrade proposal is now live, adding canonical USDC, a new RWA market, a next-generation oracle engine, and reducing fees.

CoinWorld News reports that Ma Ji Huang Licheng increased his ETH long position by 800 units on the HyperLiquid platform, approximately $1,537,720. The current position size is $5,238,520, with the average price adjusted from $1,860.46 to $1,863.87. The current profit and loss is +$19,657.95 (+9.38%), with the current ETH price at $1,870.89 and the liquidation price at $1,795.19. This trader previously profited from blue-chip NFTs but has experienced a massive drawdown since October last year, with funds shrinking from over a hundred million to several hundred thousand dollars.

Iran’s Deputy Foreign Minister, Hatibzadeh, said that Iran will never ship enriched uranium to the United States and will not accept unrealistic preconditions. Iran is willing to communicate on concerns of both sides, but because the United States is insisting on maximum pressure, it is currently not prepared to hold a new round of face-to-face talks with the U.S. side.

Curve founder Michael Egorov pointed out that the KelpDAO attack resulted in approximately $292 million in losses and created bad debt on Aave, exposing the potential risks of non-isolated lending models. This model is highly scalable but carries high risks and requires strengthened risk management; fully isolated or hybrid models may be alternatives. The hub-and-spoke architecture of Aave v4 could promote lending to develop in a safer direction.

On June 1, BlockBeats reported that the well-known short seller Michael Burry cast doubt on the excessive valuations of SpaceX and Anthropic, arguing that the long-term value of the two companies is unlikely to justify a valuation above $1 trillion. He noted that SpaceX’s IPO prospectus has not yet shown a reasonable basis for such a high figure; in 2025, revenue is $18.7 billion and net losses are $4.9 billion, while the market broadly expects about $2 trillion. As for Anthropic, Burry questioned its model of building value by stacking computational power, saying that overcapacity may arise in the future and that the likelihood of the long-term value reaching $1 trillion is also low, joking that he needs to count to a trillion before considering it.

ME News message: On May 17 (UTC+8), China Power New Energy announced that on May 15, 2026, the company completed the issuance of the 2026 renewable corporate bonds (Phase 1) publicly offered to professional investors. The selected product type is Type II; the bond abbreviation is 26HuaXinY2; the code is 245203.SH; the actual issuance size is RMB 30 billion; and the coupon rate is 2.04%. (Source: Jinshi)

Sui mainnet experienced three outages on May 28-29, 2026.
The first two were caused by an interaction bug between Gas billing logic and version 1.72's introduction of Address Balances, which was temporarily fixed for quick recovery and carried a very low probability of recurring failure;
on Friday afternoon during the Epoch switch, a latent random state bug was triggered again, causing the network to fail once more.
During the incident, funds remained secure, and after recovery, confirmed transactions were not rolled back.
Currently, the validation nodes have fixed the Gas Charging and Randomness State bugs, and the network has returned to normal.

ME News Report, May 31 (UTC+8), prediction market data shows that in the "NBA Playoffs: Western Conference Champion" event, for the question "Will the Oklahoma City Thunder win the NBA Western Conference Finals?", the probability of the "Yes" option's trading volume has dropped from 57.5% to 0.1%, a decrease of 57.4 percentage points in a single day.

The increased uncertainty in the Federal Reserve's policy path has boosted demand for cash-like assets, driving the total size of U.S. money market funds to a record $8.281 trillion. According to Crane Data, as of the week ending May 28, net fund inflows were approximately $66 billion, with about $41 billion on Thursday alone. Year-to-date, money market funds have attracted around $172 billion in capital, as investors continue to adjust their portfolios before the end of the month. Source: ODAILY.

Crypto World News reports that well-known trader Loracle's HYPE short position has an unrealized loss of $3,319,316.56, with an unrealized loss ratio of 147.00%. The average entry price for this short is $45.51, the current price is $64.46, the liquidation price is $91.19, and the position size is $112,905,495.07.

Mars Finance News reports that Unitree Technology stated that on May 31, the first store in Asia of its embodied intelligence experience center will officially launch in Shanghai. The store will feature the full C-end product lineup, including the G1 humanoid robot, the R1 humanoid robot, and the Go2 robotic dog.

BlockBeats reports that HYPE's largest short position holder, loracle.hl, continues to sell. Last Thursday, they sold 557k HYPE tokens (approximately $33.5 million), and then applied to redeem another 892.5k tokens. The 892.5k tokens recently redeemed have been transferred to Hyperliquid, and may be sold further; at the same time, the remaining approximately 700k HYPE tokens in that address are also being redeemed.

CryptoWorld News reports that the local government stated that a drone attack targeted the Izmail port area in Odessa, Ukraine.

ME News Report, May 28 (UTC+8), forecast market data shows that in the event "What price will Bitcoin reach in May?", regarding the prediction "Will Bitcoin fall to $72,500?", the probability of the "Yes" option increased from 30.5% to 83.5%, a daily increase of 53.0 percentage points.

Block’s Cash App has rolled out the USDC payment feature in phases, and it is now available to 25% of approximately 60 million users. This weekend, it is expected to cover all users. The feature supports USDC on Solana, Ethereum, Polygon, and Arbitrum, allowing users to top up their balances with USDC or transfer it to external accounts.