#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
The Lazarus group uses a new type of malware, OtterCookie, to target professionals in the encryption industry.
PANews reported on June 6 that according to @im23pds disclosure by SlowMist team members, Lazarus, an APT organization with a North Korean background, recently deployed an information theft tool called OtterCookie to target financial and crypto industry personnel and steal sensitive data such as browser credentials, macOS keychain passwords, and wallet private keys. Experts recommend beware of suspicious job invitations, avoid running unknown files, and strengthen endpoint security.