Odaily Planet Daily reported that Vietnam has proposed allowing small and medium-sized enterprises to use digital assets and intellectual property as collateral for bank loans.

Odaily reports that according to Specter, in collaboration with ChangeNOW, $91,000 of the funds stolen from Gravity Bridge have been frozen. The attacker still holds the majority of the funds, which have not yet been transferred.

Previously, it was reported that the private key for Gravity Bridge's bridging contract was leaked, leading to the theft of $5.4 million in assets. The assets extracted by the attacker include: $4.3 million in USDC, 274 WETH (worth approximately $553,000), $434,000 in USDT, and $64,000 in PAYG. The involved addresses are 0x7B58...1F9 and 0x4d3c...A47.

Odaily reported that Republican fintech entrepreneur Michael Carbonara has sold 10 Bitcoins for $800,000 to fund his Congressional campaign, demonstrating a pro-cryptocurrency stance in this key battleground where the electoral landscape is shifting. Beyond the election, Carbonara believes blockchain can help governments increase transparency in the use of taxpayer funds. (Decrypt)

Odaily reported on May 31st that Paul Chan, Financial Secretary of the Hong Kong Special Administrative Region Government, stated in a blog post that domestic and international capital has cast a vote of confidence in Hong Kong, with the city's asset management business seeing substantial growth. He mentioned that an international consulting firm recently released its 2026 Global Wealth Report, estimating that Hong Kong's cross-border wealth management assets grew by 10.7% year-on-year last year to approximately HKD 23 trillion, surpassing Switzerland to become the world's largest cross-border wealth management center.

It is projected that from now until 2030, cross-border wealth managed in Hong Kong will grow by about 9% annually, a rate also higher than Switzerland's. This represents a vote of confidence from domestic and international capital in Hong Kong's institutions and investment environment. He noted that according to the Securities and Futures Commission's annual "Asset and Wealth Management Activities Survey," the total value of Hong Kong's asset management business has exceeded HKD 35 trillion, with 54% of the funds coming from investors outside of Mainland China and Hong Kong, reflecting the continued consolidation of Hong Kong's internationalization in the asset management industry. In terms of trends, Hong Kong's asset management business has shown impressive growth. Over the ten-year period from 2015 to 2024, asset scale doubled, and the number of asset management institutions nearly doubled. (Xinhua News Agency)

Odaily reports: “New stock god” Serenity posted on platform X, stating that Sivers should fully transform into a US company, with a Nasdaq listing as the first step. The company already possesses a US capital structure, a significant equity proportion, and support from the CHIPS Act. This transformation could lead to higher valuation premiums and M&A opportunities. Meanwhile, negative reports from Swedish local media influenced by short-sellers are detrimental to the development of AI photonics. The US market can offer more financing opportunities along with support from institutions, funds, and indices.

Serenity also suggested that Sivers retain its European operations as a subsidiary, managed by a US parent company. Ultimately, this could position Sivers as a major US optical communications company rather than constantly explaining its value within the Swedish market. Additionally, Serenity hinted that Sivers’ management may have already begun seeking to establish the company as the next US photonics giant akin to Lumentum.

Odaily reported that Hong Kong Securities and Futures Commission (SFC) Chairman Wong Tin-yau revealed in a recent speech that Hong Kong has systematically expanded the scope of products and services available from licensed institutions. This includes offering more diversified product options for professional investors, piloting secondary market trading of tokenized products, launching virtual asset-related financing services, and establishing a regulatory framework for virtual asset leveraged products. The 12 licensed virtual asset trading platforms in Hong Kong recorded a total trading volume exceeding HKD 640 billion in 2025, with the trading volume in the first quarter of this year surging nearly threefold year-on-year. Additionally, brokerage firms engaged in virtual asset-related businesses saw their corresponding commission income grow by over 80% year-on-year last year.

On the institutional front, Hong Kong will optimize its comprehensive regulatory framework for virtual assets, covering key areas such as custody, trading, asset management, and investment advisory. The public consultation on the relevant licensing regime has been completed, and legislative proposals will be finalized with the Hong Kong Treasury Bureau. The target is to submit a bill to the Legislative Council in 2026, aiming to establish a regulatory system that is fully aligned with international standards and strictly adheres to the principle of "same business, same risks, same rules."

According to Onchain Lens monitoring, a whale deposited 1,504 ETH worth $3.05 million into OKX after being dormant for 7 months, incurring a loss of $2.82 million.

Odaily reported that Josh, Vice President of DeFi Engineering at prediction market Polymarket, posted on platform X, stating that the perpetual contract testing on the platform has been opened. Users applying to participate in the testing are required to provide feedback on UI aspects that are unsatisfactory or could be improved. Previously, users who applied via private messages were granted testing access, but currently, no new testers will be added. Some spots may still be opened in the future.

Odaily reported that the Qingdao Licang District Procuratorate issued an announcement stating that the defendant, surnamed Zhang, took advantage of an opportunity to register a virtual currency wallet on behalf of the victim to obtain the seed phrase, and subsequently transferred 107 Bitcoins from the victim, surnamed Feng, in multiple batches during the early morning hours. Zhang then layered the transfers through various virtual currency trading platforms, converting the Bitcoin into over 660,000 RMB. The Qingdao Licang District People's Court sentenced Zhang to 10 years and 9 months in prison and imposed a fine of 100,000 RMB for the crime of theft in the first instance.

After the defendant appealed, the Qingdao Intermediate People's Court ruled to dismiss the appeal and uphold the original verdict. The case determined the theft amount based on the actual illegal proceeds from the sale, totaling over 660,000 RMB. (Shandong Legal Daily)

Odaily quoted Israel's Defense Minister Katz as saying that Israel is determined to weaken Hezbollah's power in Lebanon. He stated, "The enemy will lose its strategic positions one by one." (CCTV International News)

Odaily reports that the Ministry of Finance of Vietnam has proposed allowing small and medium-sized enterprises (SMEs) to use digital assets, virtual assets, and intellectual property rights as collateral for bank loans. This proposal is part of a policy draft aimed at improving access to capital for private enterprises and technology startups. The proposal has been included in the revised draft of the "SME Support Law," which is currently open for public consultation.

According to the draft, the government seeks to diversify the forms of acceptable loan collateral, moving away from a primary reliance on traditional secured assets such as real estate. The draft encourages credit institutions to expand lending based on credit ratings, business plans, market expansion potential, and corporate cash flow, rather than heavily depending on fixed asset collateral. Data shows that as of the end of April, outstanding loans to the SME sector in Vietnam reached only nearly 38 quadrillion Vietnamese dong, equivalent to approximately $144.2 billion, representing only about 20% of the total credit in the entire banking system. (Vietnam News)

Reuters: The Israeli military has confirmed the capture of Beaufort Castle in southern Lebanon. (Jin Shi)

Odaily Odaily reported that the Attorney General's Office of Buenos Aires Province, Argentina, coordinated with judicial authorities and police in multiple regions to launch a large-scale joint operation codenamed Fake Coins targeting cryptocurrency fake investment scams. Police conducted 90 simultaneous searches nationwide, arresting 24 suspects. The operation successfully intercepted and seized a total of 8 million USDT, valued at over $8 million, along with nearly 6 million Argentine pesos in cash and a large number of electronic devices.

Investigations revealed that the criminal group induced victims to invest through social media and fake apps, with total losses amounting to nearly 3 billion pesos. The San Isidro judicial department seized the majority of the crypto assets during an investigation into a Chinese criminal group, which developed malware to steal user information for money laundering purposes. Part of the funds were reportedly converted to USDT through Binance P2P transactions. (infobae)

1. HYPE broke through 70 USDT to reach a new high, with a 24-hour increase of 7%.

2. BNB saw over 12.5 million USD in liquidations in the past 24 hours, with the largest single liquidation being 395,000 USD.

3. Aave: 116,500 rsETH were released during the April 18 rsETH incident; asset backing has been fully restored.

4. US media: Trump's proposed revisions to the US-Iran agreement involve nuclear material access and the Strait of Hormuz.

5. Lana AI has launched Phase 2 testing, adding US stock asset strategies.

6. The probability of "Spurs winning the 2026 NBA Championship" on predict.fun has risen to 65%, up 38% in 24 hours.

7. BNB broke through 740 USDT, with a 24-hour increase of 11.5%.

Odaily, according to OKX market data, HYPE has broken above 70 USDT and reached a new all-time high, with a 24H increase of 7%.

Odaily Odaily reports that Lana AI has disclosed its latest operational status. In Phase 1 testing, starting from 100U, the account grew to a maximum of 300,000 U, with a cumulative profit withdrawal of 40,000 U during the period. Subsequently, the account's net value experienced a minimum drawdown to approximately 20,000 U.

Currently, Lana AI has initiated Phase 2 strategy testing, using 20,000 U as a new starting point. Building on the original crypto asset trading strategy, it has added a US stock asset strategy to validate the performance and sustainability of a cross-market trading model.