Odaily Planet Daily News: The official interface of Plasma shows that the newly added $500 million public offering deposit quota at 9:00 this morning has been fully deposited again, which took about half an hour.

According to PANews, South Korea's central bank governor, Lee Chang-yong, announced that the bank is collaborating with relevant agencies to establish a regulatory framework for stablecoins. This initiative aims to ensure the stability and practicality of stablecoins while preventing their use in circumventing foreign exchange controls. Lee highlighted that although stablecoins have spurred innovation in the fintech sector, their potential as substitutes for legal tender has raised regulatory concerns. Additionally, Lee mentioned that the Bank of Korea is participating in the Bank for International Settlements' (BIS) Agorá project. This public-private partnership focuses on tokenized bank deposits and institutional central bank digital currencies (CBDCs), aiming to build a global digital financial infrastructure and reduce cross-border payment costs.

Singapore tells crypto firms to obtain licenses by June 30, 2025, or exit. source: https://coincu.com/342777-singapore-crypto-licenses-june-2025

Odaily Planet Daily News GMGN co-founder Haze responded to the GMGN official X account being blocked: We have no confirmed reason, but we are actively contacting X to try to restore the account as soon as possible. It was previously reported that the X platform suddenly launched a large-scale account blockade against Crypto users. Eliza, GMGN official account and a number of MEME KOL accounts were blocked, including Sha Po Lang @Wolfy_XBT, Wang Xiaoer @brc20niubi, Wizard @0xCryptoWizard, gape @Ga__ke, GMGN official account @gmgnai, GMGN founder account @haze0x, etc. The specific reason is unknown. Yesterday, ElizaOS's official X account @elizaOS and its founder Shaw account @shawmakesmagic were both frozen. The X account associated with the TRUMP wallet official website was also frozen and unblocked for a time. The reason for the freeze is currently unknown.

1: The monthly rate of US CPI after seasonal adjustment in May was 0.1%, expected to be 0.20%, and the previous value was 0.20%; 2: Traders increased their bets on the Fed's interest rate cut in September; 3: Several crypto industry KOLs and official X accounts of projects were frozen one after another, and the reason is still unclear; 4: Plasma will open a deposit quota of US$500 million again, and the total limit will be increased to US$1 billion; 5: The GENIUS stablecoin bill has been voted through by the US Senate; 6: Payment giant Stripe acquires crypto wallet provider Privy; 7: Bank of America CEO: Willing to launch a stablecoin with partners; 8: GameStop plans to issue US$1.75 billion in convertible senior notes privately; 9: Mercurity Fintech plans to raise US$800 million to establish Bitcoin fund reserves; 10: Glassnode: ETH in the past 48 hours Short-term option prices have risen sharply; 11: Greeks.live: Some traders have turned to buying Bitcoin put options for protection; 12: Sonic Labs: Plans to launch the second season of S airdrop on June 18; 13: PayPal introduces stablecoin PYUSD to Stellar for cross-border remittances and payments; 14: Solana Optimistic Network completes $5 million strategic financing, with Jump Crypto and others participating; 15: Try Your Best completes $11 million Series A financing, with Coinbase Ventures and others participating; 16: OneBalance completes $20 million Series A financing, with Cyber ​​Fund and others leading the investment; 17: A newly created wallet withdrew 14,916 SOL from Binance and bought 1.68 million FARTCOIN; 18: The "three-game winning whale" position of 15 times shorting 40,000 ETH turned from loss to profit, and now has floating profit 670,000 USD; 19: The whale shorted 1,240 BTC with 40x leverage, and the liquidation price was 116,490 USD; 20: Binance Alpha Financial Center was officially launched; 21: Binance: Users who provide liquidity in Binance Alpha Financial Center can get corresponding Binance Alpha points; 22: Binance Financial Management, One-click Coin Purchase, Flash Exchange, and Leverage Online Resolv (RESOLV) Virtuals responded to the IRIS subscription event: the full amount of points will be refunded at one time; 23: Some FTX creditors are still fighting for disputed claims worth at least 2.2 billion USD; 24: K33: BTC traders remain cautious, and ETH leveraged bets surge; 25: Interactive Strength plans to raise $500 million to acquire FET tokens.

According to BlockBeats, Singapore's regulatory authorities have issued a final warning to major cryptocurrency exchanges operating without local licenses, urging them to exit the market promptly. This development follows a report by Bloomberg citing informed sources. On May 30, the Monetary Authority of Singapore (MAS) announced that crypto firms with a physical presence in Singapore but offering offshore services must cease operations by June 30, with no transition period allowed. This directive affects all front-office functions, including sales. An MAS spokesperson clarified that this move is an extension of the Financial Services and Markets Act of 2022 and impacts only a 'very small number' of companies. Industry experts have highlighted that the new regulations underscore the challenges faced by crypto firms regarding unclear headquarters locations. Legal professionals warn that companies using Singapore-based teams to support offshore activities, where service definitions are ambiguous, may face individual scrutiny.

Paypal's CEO announced today that PYUSD will be available on the Stellar network, enabling it to reach a broader group of developers and unlock more opportunities. source: https://www.cryptopolitan.com/paypal-to-integrate-pyusd-into-stellar/

Odaily Planet Daily News: According to @OnchainLens monitoring, two newly created wallets suspected to belong to the same entity recently withdrew a total of 1,348,741 SOLs from Coinbase Prime, worth approximately US$220 million, and pledged them all.

According to Foresight News, the GENIUS Act has passed a procedural vote in the U.S. Senate with a 68 to 30 majority. The legislation will now proceed to a full Senate debate and a final vote. This development marks a significant step in the legislative process for the GENIUS Act.

According to BlockBeats, China International Capital Corporation (CICC) has expressed that the United States may experience a structural and one-time price increase in the coming months, differing from the comprehensive inflation seen between 2021 and 2022. This moderate inflation data is considered favorable for the Federal Reserve, although officials are unlikely to make significant decisions based on a single month's data. With the current labor market remaining stable, the Federal Reserve is not in a rush to cut interest rates, preferring to analyze multiple data sets before making decisions. The Federal Reserve is set to hold its June meeting next week. CICC anticipates that the Federal Open Market Committee (FOMC) may slightly raise inflation forecasts compared to the March projections, which did not account for 'reciprocal tariffs.' However, due to the resilience of non-farm employment and the easing of tariffs, the Fed's outlook on growth might be more optimistic than in March. Consequently, Federal Reserve Chair Jerome Powell's stance at this meeting may lean towards hawkishness, potentially disappointing investors who are hoping for a rate cut.

A crypto trader turned $5,000 into $670,000 in just 48 hours by investing in the newly launched Ethervista (VISTA) token, which is gaining attention as Ethereum's rival to Solana's Pump.fun. Ethervista's rapid rise includes a unique “fair launch model” and high gas consumption, contributing to its rapid market capitalization increase and significant token value surge.