Odaily reported that according to Gate data, spot silver fell 2.00% intraday, now at $75.38 per ounce; spot gold dipped to $4,490 per ounce, down 0.39% intraday.

Odaily reported that since yesterday (May 26), banks in Hong Kong and some of their clients have indicated that new requirements have been imposed on documents provided by clients when opening investment accounts offline through bank channels in Hong Kong, requiring the signing of a statement declaring the legal source of funds.

A source from a foreign bank in Hong Kong stated that the aforementioned situation of newly added related statement signing does exist and is an adjustment made in line with local regulatory requirements. According to documents shown by several clients, the main content of the newly added cross-border disclosure statement is that the individual opening the investment account must confirm that "all funds used to support investment activities and related settlements come from legitimate sources outside mainland China," and mainland Chinese residents are reminded that investment account services are only applicable to investors located in Hong Kong (e.g., those living or working in Hong Kong) and that they should ensure the source of funds is legal and compliant. (Cailianshe)

Odaily Planet Daily News: Bitget has simultaneously launched 2 SuperPairs events, with participation deadline on June 2 at 17:59 (UTC+8). Details are as follows:

Gold & Crude Oil Rally Competition: Total prize pool of 40,000 USDT. Users trading XAU, XAG, CL and other assets, who also complete designated futures trading tasks, can receive mystery box rewards, with a maximum reward of 0.2 XAUT. Users with a cumulative trading volume of 10,000 USDT and ranking in the top 1,000 can share a pool of 20,000 USDT, with a maximum reward of 2,000 USDT per person.

Hot Futures Pairs Competition: Total prize pool of 30,000 USDT. Users trading HYPE, ZEC, NEAR and other assets, who also complete corresponding futures trading tasks, can receive mystery box rewards, with a maximum reward of 10 HYPE. Users with a cumulative trading volume of 10,000 USDT and ranking in the top 1,000 can share a pool of 20,000 USDT, with a maximum reward of 2,000 USDT per person.

Odaily reports that according to CoinGlass data, index futures have been broadly active over the past 4 hours. Notably, the Gate platform's US30 futures contract holds an open interest of approximately $5 million, surging by 1280.94%, ranking first across the entire market.

Gate has pioneered the world's first index perpetual futures, benchmarked against major global indices and volatility indices, introducing market sentiment indicators into the crypto derivatives trading system. While maintaining the advantages of USDT settlement and 24/7 trading, it offers users trading options that are more closely aligned with the global macro market. Simultaneously, Gate has established a comprehensive presence in traditional financial trading zones, including stocks, metals, forex, indices, and commodities, and is continuously building a multi-asset futures system covering mainstream TradFi assets, aiming to create the industry's most comprehensive index and traditional financial asset futures trading zone.

According to Gate data, U.S. and Brent crude both fell over 2.00% intraday, now at $94.27/barrel and $94.57/barrel respectively.

Odaily reports that Ethereum staking volume has reached a historic high of 39.2 million ETH, accounting for 32.19% of the total supply, with an additional 3.3 million ETH waiting to enter staking.

Odaily Planet Daily News: According to GMGN data, the market cap of the ETH chain ecosystem token uPEG briefly surged past $19.7 million, currently reported at approximately $17.7 million, with a daily increase of over 24%.

Previous news: Unipeg will launch the microPEG feature, where wrapping 0.1 uPEG can mint a micro NFT.

Odaily reports that Manuel Aráoz, co-founder of crypto security firm OpenZeppelin, stated that he now believes all DeFi is insecure and has been advising friends and family to exit all DeFi positions, including low-risk positions in blue-chip protocols like Aave, MakerDAO, and Compound. Aráoz pointed out that the asymmetry between attackers and defenders in security incidents is intensifying, with programmed agents possessing superhuman capabilities in discovering vulnerabilities. Defenders need to fix every single vulnerability, while attackers only need to exploit one to steal funds. (The Block)

Odaily Odaily reported that UBS has released a report raising its earnings forecast for Micron Technology (MU.O). The report states that long-term agreements have been firmly implemented in most areas of the industry, and the company's earnings per share (EPS) are expected to remain stable above $100 between 2027 and 2029. Consequently, the target price has been raised from $535 to $1625. UBS has increased its adjusted EPS forecasts for Micron for fiscal years 2026-2028 by 8-25%, to $63.74, $142.23, and $169.64 respectively. The bank maintains a 'Buy' rating and believes the market will begin to assign a more normal valuation multiple to the stock. (Jin Shi)

Odaily reported that the stunning rally in South Korea's stock market has propelled the cumulative gain to nearly 100% so far in 2026, even surpassing historic surges seen before the dot-com bubble burst and during South Korea's industrialization boom in the late 1980s. Driven by sharp gains in memory chip makers such as SK Hynix and Samsung Electronics, South Korea's benchmark KOSPI index has repeatedly hit record highs, surging from 5000 points to 8300 points in just a few months. The index rose as much as 5.1% intraday on Wednesday. With the year not even half over, the index's current performance is on par with the 102% gain of the Nasdaq 100 Index before the 1999 bubble burst. However, few market participants are currently issuing bubble warnings for South Korea's stock market, as they believe the structure of global memory chip demand has shifted from a previous cyclical pattern to a more long-term, sustained growth trend. (Jin Shi)

1.HYPE spot ETF absorbed 1.04% of its market cap's assets in 10 trading days, marking the strongest debut in crypto ETF history;

2.SK Hynix's stock price gains expanded to 14%;

3.Analyst: A $1.3 billion IBIT block sell-off could lead to a sharp short-term drop in Bitcoin;

4.Uniswap founder responds to Bankless co-founder's ETH sell-off: "ETH is Money" is the correct narrative;

5.Bitmine adds $11.9 million in staked ETH, bringing total staking scale to $9.76 billion;

6.BIT: The crypto market has begun pricing in a SpaceX IPO ahead of schedule;

7.Legal experts: Time is running out for CLARITY to pass the Senate.

Odaily, According to an official announcement, Bitget's stock contracts have now listed 8 underlyings including RGTI (Rigetti Computing), QBTS (D-Wave Quantum), QUBT (Quantum Computing Inc.), and ARQQ (Arqit Quantum), covering popular US stock sectors such as quantum computing, advanced aviation, and cybersecurity. These contracts support up to 20x leverage. For more details, please refer to the official Bitget platform.

According to an official announcement, OKX will list IRYS/USDT (Irys) spot trading.

The deposit window for IRYS will open at 13:00 (UTC+8) on May 27; the pre-order period for IRYS/USDT will be from 17:00 to 18:00 (UTC+8) on May 27; spot trading will commence at 18:00 (UTC+8) on May 27; and the withdrawal window for IRYS will open at 20:00 (UTC+8) on May 27.

Odaily An unknown trader sold approximately $1.3 billion worth of BlackRock’s spot Bitcoin ETF (IBIT) on a dark pool on Tuesday, sparking market attention.

Data shows the trader sold 29.2 million shares of IBIT at $43.16 per share around 14:30 UTC. Consequently, Bitcoin’s price dropped from $77,875 to $76,720 within 10 minutes, a decline of about 1.5%, before further dipping to around $75,600.

Alex Thorn, Head of Research at Galaxy Digital, stated this is the largest IBIT dark pool trade he has ever seen. Bloomberg ETF analyst Eric Balchunas noted that the trade size was 22 times larger than the second-largest IBIT sell order of the day.

Additionally, U.S. spot Bitcoin ETFs have experienced net outflows for eight consecutive trading days. On Tuesday alone, net outflows totaled approximately $333.6 million, with IBIT seeing outflows of about $192.4 million. Since May 14, cumulative net outflows from Bitcoin ETFs have exceeded $2 billion. Reports indicate that Jane Street reduced its Bitcoin ETF holdings by about 70% in the first quarter, while Goldman Sachs also trimmed its positions by approximately 10%. (Cointelegraph)

Odaily reported that Kairos Research posted on X platform, stating that the HYPE spot ETF has absorbed 1.04% of the HYPE circulating market cap within its first 10 trading days, marking the strongest debut among all spot crypto ETFs to date. A comparative analysis of the same period shows that among the cohort of new issuers (excluding net outflows from legacy trust products like GBTC and ETHE), BTC spot ETFs accounted for 0.59%, ETH for 0.41%, and SOL for 0.31%.

According to Gate data, SK Hynix's stock price expanded its gains to 14%.