Odaily Odaily reports 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%.

Odaily 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.

Odaily Odaily reports that a senior Iranian source stated that a political consensus has been reached between Iran and the United States, but it has not yet been finalized. The Iranian source indicated that U.S. President Donald Trump's claim regarding Iran's stockpile of highly enriched uranium is inaccurate. Any potential memorandum of understanding between Tehran and Washington will not involve any nuclear-related issues. (Jin Shi P)

Odaily 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)

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)

Odaily Planet Daily 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.

Odaily 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)

Odaily 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.

Odaily Planet Daily 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.

Odaily 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%.

Odaily 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.

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)

Odaily Planet Daily 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.

Odaily 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.

Odaily 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.