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5/29
20:01
Svmuu News: Senior U.S. government officials revealed that Trump's meeting in the Situation Room lasted about two hours, but no decision was made on reaching any new agreement with Iran. The Trump administration stated that they are close to reaching a deal, but certain matters are still under negotiation, including the unfreezing of Iranian funds.
20:01
SvmuuNews On May 29, local time, the U.S. Central Command warned that it would conduct military operations near the Strait of Hormuz and, in self-defense, strike vessels involved in or supporting the laying of naval mines. The U.S. Central Command, through the Combined Maritime Information Center, issued a notice stating that Iran continues to attempt to hinder mine-clearing operations and safe navigation in the Strait of Hormuz, and any vessel found to be involved in mine-laying activities could become a target for U.S. forces. Meanwhile, the U.S. military stated that it is still enforcing maritime blockade measures against Iran. As of May 29, it has forced 115 commercial vessels to change course.
13:14
Svmuureports that OKX market data shows HYPE has broken above 67 USDT to hit a new all-time high, currently trading at 67.169 USDT, with a 24-hour increase of 13.23%.
12:45
Svmuu reports that the U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Texas resident Nathan Fuller, alleging he fraudulently raised approximately $12.3 million from about 150 investors through a fake "AI crypto trading bot" project.
The SEC stated that from October 2022 to mid-2024, Fuller offered and sold crypto investment joint venture interests through entities named Privvy Investments LLC and Gateway Digital Investments. He claimed to use an "AI high-frequency arbitrage bot" for crypto asset trading and promised investors "guaranteed returns" of 40% to over 100% within 21 to 45 days.
Regulators allege that Fuller also falsely claimed investment funds were protected by FDIC insurance, surety bonds, and professional liability insurance. In reality, the purported trading bot did not operate as advertised. The SEC charges that Fuller misappropriated at least $6.2 million of investor funds for personal expenses and used approximately $5.5 million from new investors for "Ponzi-like payments," while misleading investors through fake account statements and fictitious institutional communications.
The SEC has filed a lawsuit in the U.S. District Court for the Southern District of Texas, accusing Fuller of violating securities offering and anti-fraud laws, and is seeking permanent injunctions, disgorgement of ill-gotten gains, and civil penalties.
12:32
Svmuu reported that uncertainty surrounding the Federal Reserve's monetary policy path has spurred demand for cash-like assets, pushing the total assets of U.S. money market funds to a record $8.281 trillion.
According to the latest data from Crane Data, approximately $66 billion flowed into the money market fund industry during the week ending May 28. Of this, about $41 billion was received on Thursday as investors adjusted their portfolios ahead of the month's end. Since the start of this year, money market funds have attracted a cumulative inflow of approximately $172 billion. (Bloomberg)
12:15
As HYPE continues to hit new all-time highs, the floating profit on holdings of HYPE treasury company HypeStrat has exceeded $1 billion, the highest among all crypto treasury companies (DAT). In contrast, Ethereum treasury company BitMine (BMNR) has a floating loss exceeding $8 billion, the largest loss among all crypto treasury companies. (DEGEN News)
12:05
Svmuu reported that Liquid Capital founder Yi Lihua stated on platform X: The crypto market has always had short bull runs and long bear markets. Those who have experienced multiple cycles have naturally gotten used to it, and this cycle is no different. However, AI is truly disruptive, so it's normal for people in the crypto space to flock to AI. Opportunities and trends are the core factors of investment.
12:03
Svmuu Celsius founder Alex Mashinsky has filed a motion with a New York court, seeking to overturn his 12-year sentence for fraud and market manipulation.
Court documents show that Mashinsky chose to proceed pro se after his lawyers withdrew, claiming they 'stopped communicating' with him, forcing him to file documents personally with the court. He argues that his previous defense constituted 'ineffective assistance of counsel' and invokes the 'fruit of the poisonous tree' doctrine, challenging the legality of certain evidence in the case.
In his filings, Mashinsky also accused Sam Bankman-Fried of intending to 'destroy Celsius' and attributed market manipulation related to the CEL token to FTX. Additionally, he publicly disclosed text messages with former Celsius Chief Revenue Officer Roni Cohen-Pavon, alleging that Cohen-Pavon attempted a 'hostile takeover' of the company.
In 2025, Mashinsky pleaded guilty to commodities fraud and securities fraud, was ordered to forfeit $48 million, and must also pay a $10 million settlement to the U.S. Federal Trade Commission. Cohen-Pavon, who previously testified as a cooperating witness for the prosecution, has been sentenced to 'time served' and ordered to pay over $1 million in fines. (Cointelegraph)
11:59
Svmuu reports that U.S. SEC Chairman Paul S. Atkins stated at the 2026 Reagan National Economic Forum that the U.S. Securities and Exchange Commission is advancing a "New Era SEC" regulatory reform, focusing on modernizing digital asset regulation, promoting on-chain capital market development, and supporting the U.S. in becoming a "global crypto hub."
Paul Atkins criticized the SEC's previous "regulatory hostility" towards the digital asset industry, alleging that much crypto innovation was forced to relocate overseas. He stated that with the support of the Trump administration, the SEC has launched "Project Crypto" and is collaborating with the Commodity Futures Trading Commission to promote on-chain market infrastructure and harmonize crypto regulation. The SEC has recently clarified which digital assets are securities and which are not, and is advancing an innovative exemption mechanism for "tokenized listed securities," while studying how on-chain trading systems can fit within existing regulatory frameworks.
Additionally, Paul Atkins emphasized that the SEC will reduce "over-disclosure" and regulatory burdens, promote "Make IPOs Great Again" reforms, including lowering compliance costs for listed companies, increasing IPO flexibility, and formally proposing to repeal the climate disclosure rules introduced under the previous administration. The future of U.S. capital markets should be built on a "free market and innovation-driven" foundation, where the regulator's role is to provide clear rules and legal certainty, not to suppress technological development.
11:57
Svmuu News: According to on-chain data monitoring, the counterparty Evaded, who confronted Garret Jin, has just closed a 30x leveraged short position on Bitcoin, profiting $1.8 million.
In addition, he has opened a new 10x leveraged long position on Oracle Corporation (ORCL), currently valued at approximately $650,000.
11:52
Svmuu reports that according to CloverPool data, Bitcoin mining difficulty completed an adjustment at block height 951,552 at 18:29 today, with the mining difficulty increasing by 1.72% to 138.96 T. The current average network hashrate over the past seven days is 1.02 ZH/s.
11:51
Svmuu reported, according to on-chain data monitoring, Evaded, the counterparty account of "1011 insider whale" proxy Garret Jin, has just closed its Ethereum short position. It currently still holds a Bitcoin short position with 30x leverage, with a position of 960 BTC, yielding an unrealized profit of approximately $2 million and an investment return rate of 80%.
11:49
According to reports from Iranian media outlet Fars News, sources in Iran have denied the latest comments by U.S. President Donald Trump. The sources pointed out that an agreement with the United States is in its final stages of approval in Iran, but no final decision has been made yet. The source stated that President Trump's comments are "an attempt to portray a fictional victory." (Jin10)
11:48
Svmuu News: Sui announced on the X platform that its mainnet has resumed normal operations, and transaction flow has stabilized. The official confirmed that both network outages yesterday and today were caused by an interaction issue between the Address Balances feature introduced in version 1.72 and the Gas billing logic. The fix deployed yesterday was a temporary measure aimed at quickly restoring network functionality, but it had a known issue with a "low probability of triggering an outage." Today, a variant of that issue was triggered on the mainnet, causing the network to pause again.
Currently, validators have completed the deployment of a long-term fix. The official stated that the known issue has been thoroughly resolved, and network activity has fully recovered. The Sui team said a more detailed post-mortem report will be released subsequently.
11:40
Svmuu reported that Michael Saylor posted on platform X, stating that CFTC guidelines are driving the development of the Bitcoin capital market, including 24/7 trading, BTC collateral, perpetual futures, options, and regulated access. This will benefit BTC holders, power the MSTR engine, and support the development of STRC as Bitcoin-backed digital credit.
11:37
Svmuu reported that according to on-chain analyst Ember monitoring, a whale on Hyperliquid opened a long position of 12,900 ETH with 25x leverage at $2,011.7, with a position value of $26.1 million and a liquidation price of $1,967.1, which is $45 away from the entry price.
11:33
Svmuu News, according to OKX market data, BTC has broken through 74,000 USDT and is currently trading at 74,000.9 USDT, with a 24H increase of 1.57%.
11:31
Svmuu News: According to Hyperbot data, as HYPE continues to hit new highs in the short term, the floating loss on the 5x leveraged HYPE short position held by Loracle, the largest HYPE long on the chain, has exceeded $35 million. Their position currently holds 1,751,559.03 HYPE, with a liquidation price of $91.
11:24
Svmuu reported that, according to Arkham monitoring, Morgan Stanley's spot Bitcoin exchange-traded fund (ETF), MSBT, added another 57.332 BTC this morning, worth approximately $4.21 million. As of now, its total Bitcoin holdings have exceeded 3,500 BTC, currently reaching 3,543 BTC, valued at around $260 million.
11:18
SvmuuNews Aaron Klein, a scholar at the Brookings Institution in the United States, has warned that as Congress deliberates on digital asset legislation, the Commodity Futures Trading Commission (CFTC) may face a lack of regulatory capacity when expanding its authority over digital assets. Klein noted that the CFTC was originally established to oversee commodity futures markets and was not designed for the scale of responsibilities proposed under current crypto regulations. A lack of additional personnel, funding, and specialized expertise could lead to a situation of "regulatory authority without substantive oversight." Recent staff departures and institutional adjustments at the CFTC have weakened its regulatory capacity, and expanding its duties could replicate the regulatory failures seen during past financial crises. If crypto regulatory responsibilities are fragmented across multiple agencies, it could result in delays and confusion, repeating the implementation shortcomings of the Dodd-Frank era.
Aaron Klein criticized the allegation that financial regulation is influenced by politics, emphasizing that law enforcement should remain independent from the White House or political relationships. He called for increased accountability and prevention of financial misconduct, suggesting that the SEC and CFTC should enhance coordination, and possibly even merge, to improve the efficiency of digital asset and prediction market regulation. In the short term, sharing office space could improve collaboration and be more effective than formal agreements. (CoinDesk)

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