Today, the Panic and Greed Index dropped to 22, and the level changed to 'Extreme Fear'

AI programming startup Cognition has raised over $1 billion in funding, raising its pre investment valuation to $25 billion, doubling its post investment valuation from $10.2 billion eight months ago. This round of financing is led by Lux Capital and General Catalyst, with Founders Fund, 8VC, and new investors such as Ribbit Capital participating. Official data shows that the usage of its AI programmer product Devin by enterprise users has increased by 50% month on month within 6 months, with an annualized revenue operating rate of $492 million. Its customers include Mercedes Benz NASA、 Goldman Sachs and others. Cognition states that Devin's growth and Windsurf's asset acquisition demonstrate the commercial potential of independent AI programming agents.

On May 28th, Brent crude oil futures for July rose 2.1% to $96.23 per barrel; WTI July crude oil futures rose 1.9% to $90.39 per barrel. The United States and Iran continue to have differences over the Strait of Hormuz issue, with US President Trump expressing "dissatisfaction" with the negotiations. The US military has launched a new strike on a threatening target in Iran. The White House denies reports from Iran regarding the draft agreement and states that Tehran and Oman will jointly manage the Strait of Hormuz.

The US Commodity Futures Trading Commission (CFTC) has announced a joint application with Gemini Trust Company LLC for exemption from judgment in a lawsuit filed in June 2022. The CFTC review found that the case did not meet current enforcement standards and identified six major issues, including lack of credibility in whistleblower statements, failure to focus on suspected fraudsters, questionable evidence strength, failure to provide key evidence to commissioners, litigation lawyers preventing Gemini from obtaining defense evidence, and improper use of regulatory power to create settlement pressure.

On chain data shows that Trend2Research, a secondary investment institution under Mr. Yi, transferred 2.705 million UNI (worth $871 million) and 114000 COMP (worth $213 million) to Binance, completing clearance operations with a total loss of $403 million. Last July, the institution bought 5.41 million UNI at an average price of $9.5 and 228700 COMP at an average price of $49.3. In May of this year, UNI and COMP were sold at an average price of $3.3 and $19.4, respectively. (Ashes)

According to OnchainLens monitoring, giant whale trader Evaded (@ ICanPlug) opened 12600 ETH short positions with 25 times leverage, with an average opening price of $2033.31, and held 960 BTC short positions with 30 times leverage. Currently, the total floating profit exceeds $1.6 million.