Wu says he's picking up encrypted news every day

1. Hong Kong ' s first officially approved stabilization currency was tested at the Etheraf

The Hong Kong Monetary Authority announced the successful completion of the transfer test of the Hong Kong dollar stabilization currency “HKDAP” (“HKD At Par”) in conjunction with the OSL Group (00863), and the cheetah trading platform held under the flag of Richway Holdings. This test covers the process of converting statutory Hong Kong dollar funds into reserve assets, with capital and institutional trust services being provided by scum from Hong Kong to ensure full support, and all test tokens having been redeemed after completion. Officially, HKDAP plans to start a phased official launch by the end of the second quarter of this year。

2. The United States House Oversight Committee has initiated an insider trading investigation into Kalshi and Polymarket

James Comer, Chairman of the United States House of Representatives Oversight Committee, announced that an insider trade investigation had been initiated against Kalshi and Polymarket, requiring the two companies to submit documents relating to identification, geographical restrictions and monitoring of unusual transactions by 5 June. The Commission stated that the anonymity of the forecast market and the encryption infrastructure could be used by insiders to conduct transactions。

3. Pythnet/Hermes today over 4 hours

The Pyth official status page shows that Pythnet/Hermes has been defunct for more than four hours, affecting Price Feeds and Sponsored Feeds. Officially, the root cause of the problem has been identified, and the certifiers are coordinating the re-establishment of the network to restore the Pyth Core Feeds service. The data protocols currently relying heavily on the Pyth Single Prophet are being compromised。

4. The CSRC intends to impose severe penalties on tigers, rich ones and long bridges in accordance with the law

The CSRC has declared that Tiger Brokers (NZ) Limited, Richway Securities International (Hong Kong) Ltd. and Longbridge Securities (Hong Kong) Ltd. have engaged in illegal cross-border activities in violation of the CSF futures laws and regulations. The three institutions carry out securities services such as the marketing promotion of securities transactions, the processing of trade orders and the illegal operation of public fund sales and futures brokerage in the country without authorization. The CVM intends to confiscate all proceeds obtained by the subjects concerned in violation of the law and to impose severe penalties in accordance with the law。

5. Glassnode: nearly $500 billion bitcoin at risk of future quantum calculus attacks

Glassnode studies show that 6.04 million BTCs (approximately $46.9 billion) have been exposed to public keys in the chain, representing 30.2 per cent of the distributed supply, and may theoretically be at risk of future quantum calculated attacks; the remaining 13.99 million BTCs do not show public key exposure. Glassnode states that the exposure supply was divided into structural exposure and operational exposure, of which 1.92 million or 9.6 per cent were structural exposures; and 4.12 million or 20.6 per cent were operational exposures, mainly from reuse of addresses. The exchange is prominent in operational exposure, with 1.66 million BTCs representing 8.3 per cent of the total supply and about 40 per cent of all BTCs operating unsafely; Glassnode states that the result should not be interpreted as a company-specific risk ranking or solvency signal。