According to official announcements, OKX will adjust the settlement frequency of fund fees for LPTUSDT perpetual contracts from every 4 hours to every 2 hours starting from May 30, 2025, in order to better prevent market risks and further optimize user trading experience. Details link: https://www.okx.com/zh-hans/help/okx-to-adjust-funding-rate-interval-for-certain-perpetual-futures-250530
OKX - FARTCOIN is currently priced at $1.12, with a 12.4% drop over 24 hours. 24-hour transaction volume of 1 billion US dollars, a decrease of 4.75%, for reference only
Odaily Planet Daily News: Synthetix announced that its stablecoin sUSD will return to its $1 target and will require SNX debt pledgers to increase the sUSD collateralization ratio in the 420 pool from 10% to 20% starting from 23:59 UTC on June 2, otherwise debt waivers will be suspended. Previously, due to user selling, sUSD fell to $0.70 at one point. Officially, restoring anchoring will help advance the SIP-420 proposal and subsequent deployment of v4 contracts on the Ethereum mainnet.
According to Foresight News, Zhao Changpeng released a spoof photo of former SEC Chairman Gary Gensler as a "clown" with the caption "Encryption still exists". Foresight News previously reported that according to The Block, the US Securities and Exchange Commission (SEC) is seeking to withdraw its lawsuit against Binance. The agency and lawyers representing SEC, Binance, and Zhao Changpeng have submitted a joint agreement to the United States District Court for the District of Columbia. Given the above circumstances, the committee, in exercising its discretion, considers it appropriate to withdraw this lawsuit from a policy perspective
According to Bitcoin.com, India may release a comprehensive discussion document in June aimed at developing regulatory regulations for cryptocurrency assets, which will draw heavily on guidance from the International Monetary Fund (IMF) and the Financial Stability Board (FSB). After the global acceptance of cryptocurrencies surged, especially with US President Trump expressing support for digital currencies, it marks a significant shift in policy, and India has also taken this measure. In India, authorities emphasize that any future regulatory decisions will be made after extensive consultation with stakeholders and analysis of the global framework. The Reserve Bank of India (RBI) remains cautious, warning of risks such as money laundering associated with cryptocurrencies and advocating for the launch of its own central bank digital currency as a controlled alternative.