#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
Cetus: The isolated funds on Sui have been transferred to a Multi-signature Wallet jointly managed by the Sui Foundation and OtterSec.
According to Mars Finance, the Sui ecosystem decentralized exchange Cetus Protocol, which previously suffered a hacker attack, announced on the X platform that after receiving approval through on-chain voting, the previously isolated funds on Sui have now been safely transferred to a multisignature trust wallet managed jointly by Cetus, the Sui Foundation, and OtterSec, and it is now officially entering the next phase of the recovery process. To keep the community informed and actively involved, a Space meeting is tentatively scheduled for June 2 to review the details of the hacker attack incident and share recovery progress.