The U.S. Securities and Exchange Commission is working to advance a regulatory framework for tokenized securities. The agency's Director of the Trading and Markets Division stated they are developing a framework based on the principle of "innovation without exploiting legal loopholes." At the same time, they are collaborating with another agency to evaluate new products and review regulatory ambiguities. Key focus areas include swap trading, data reporting, margin requirements, and product definitions. The goal is to avoid confusing investment with gambling and to prevent excessive leverage for inexperienced investors #NFPBlowout172K #BTCETFOutflowRecord #ZECOrchardInfiniteMint

A security vulnerability in the Zcash Orchard private group has just been patched, which could cause losses to security fund holders if exploited. However, the likelihood of this happening is very low. An attacker would need to remove the forged ZEC protection layer before selling them on exchanges. Therefore, those most affected will be ZEC holders within the protected group. The transparent supply of Zcash can be publicly verified, and the protocol ensures that the total transparent ZEC supply will not exceed the maximum supply limit #NFPBlowout172K #BTCETFOutflowRecord #ZECOrchardInfiniteMint

A large leveraged long position on Aave is facing liquidation risk if the ETH price drops further. If the ETH price falls to $1,555, the 58,000 ETH leveraged long position could be liquidated. This indicates that this whale investor has used leverage through borrowing and may face risk if the ETH price continues to decline. A further $40 drop could trigger the liquidation of this position on Aave #NFPBlowout172K #BTCETFOutflowRecord #ZECOrchardInfiniteMint

The UK financial regulator has listed Hyperliquid and Hyper Foundation as "unauthorized entities" due to suspicions of providing financial services in the UK without a license. This has led to users being advised to avoid trading with them. In another development, the CEO of CME Group warned about crypto perpetual contracts, calling them a "potential disaster" and questioned the approval process for such novel and complex products #NFPBlowout172K #BTCETFOutflowRecord #ZECOrchardInfiniteMint

The first non-farm payroll data of the "Washington era" has just been released and exceeded expectations. This has led analysts and traders to agree on raising interest rates. A reputable analyst believes that the non-farm payroll report will not completely resolve the debate over the extent of the rate hike, but a short-term rate cut is now almost impossible. CME data also confirms this view, with a 67.7% probability of a rate hike by December this year. Investment banks like BNP Paribas predict three consecutive rate hikes starting from December 2026. However, Trump's camp remains steadfast in calling for rate cuts. The White House National Economic Council Director argues that U.S. employment data does not reflect inflation and that the Federal Reserve should not raise rates but rather cut them #NFPBlowout172K #BTCETFOutflowRecord #ZECOrchardInfiniteMint

US employment data exceeding expectations has strengthened the dollar. While US-Iran peace negotiations have stalled, the dollar index is on a strong upward trend. US job growth in May surpassed market expectations and the unemployment rate remained stable. This reinforces market expectations for an interest rate hike. An expert said this data shows the US economy is recovering despite inflation exceeding the target, creating favorable conditions for a stronger dollar #NFPBlowout172K #BTCETFOutflowRecord #ZECOrchardInfiniteMint

Chen Telei, portfolio manager at Brandywine Global Investment Management, believes the U.S. Federal Reserve may have been slow to address the inflation situation. Positive non-farm payroll data indicates the labor market is recovering, so the Federal Reserve should focus on inflation. The inflation rate is nearly equivalent to the unemployment rate, currently at 4.3% in May. This suggests the Federal Reserve may be lagging in tackling inflation. Inflation swap contracts also show traders expect the Consumer Price Index (CPI) to exceed 4.2% in July before dropping to 3.8% in the first quarter #NFPBlowout172K #BTCETFOutflowRecord #ZECOrchardInfiniteMint

Token word codes are becoming a hot-selling commodity worldwide. In Shantou, Guangdong, a new form of international trade is thriving based on these invisible digital token word codes. Domestic smart computing centers are providing large-scale model inference hash rates to foreign users through application programming interfaces. The scale of cross-border token word code calls in Shantou, Guangdong has exploded since the full process trial was launched at the end of April. The daily global volume of token word codes has now exceeded 10 billion and continues to grow. Many companies in Guangdong are seizing the opportunities brought by digital commerce and continuously exporting AI hash rate services overseas #MayNFPCryptoWatch #BTCETFOutflowRecord #ZECOrchardInfiniteMint

Iran denies transferring enriched uranium. A source close to Iran's negotiation team stated that reports about transferring part of the enriched uranium stockpile to a third country are inaccurate. Nuclear-related issues are currently not being discussed in the talks between Iran and the United States and will be postponed for discussion in future dialogues #BTCETFOutflowRecord #ZECOrchardInfiniteMint #AnthropicSafetyParadox

SpaceX's initial public offering, valued at around $75 billion, is attracting attention. However, investors from mainland China and Hong Kong will not be allowed to participate in the share subscription. This is due to U.S. restrictions on the export of key technologies. The underwriters have announced that clients from these two regions, including private banking clients, will not be permitted to place orders. This move is primarily driven by legal risk and regulatory compliance considerations #BTCETFOutflowRecord #ZECOrchardInfiniteMint #AnthropicSafetyParadox