China’s A-share robotics sector rose in afternoon trading, with several stocks hitting their daily limits. According to Odaily, Dongtu Technology surged 20% to its limit, while Fengguang Precision climbed 30% to its limit. Yuhuan CNC and Guangyang Co. also reached their limit-up levels. Jigaoka Precision, Yishi Precision, and Dingzhi Technology gained more than 10%. Buke Co., Zhongding Co., Henggong Precision, Sanxie Motor, Hengfeng Tools also moved higher.

Nvidia (NVDA.O) CEO Jensen Huang said robotics technology will become South Korea’s next important industry and can be applied across the country’s industrial sector. According to Odaily, Huang said chip manufacturing will become more automated through the use of robotics technology.

A group of Senate Republicans is calling on U.S. financial regulators to provide clearer capital standards for companies and banks involved in crypto-related activities. According to Cointelegraph, Senator Cynthia Lummis said on Thursday that she led the group in sending a May 27 letter to Federal Reserve Vice Chair for Supervision Miki Bowman, Federal Deposit Insurance Corp. Chairman Travis Hill, and Comptroller of the Currency Jonathan Gould. The senators praised the agencies’ March guidance clarifying the capital treatment of tokenized securities, but urged regulators to extend that work toward “a clear and fair capital treatment” for the on-balance sheet treatment of digital assets. They argued that current international standards effectively discourage banks from holding crypto because they require banks to maintain reserve assets exceeding the value of their digital asset holdings, which the senators described as a “de facto ban.” The lawmakers also criticized the Basel Committee on Bank Supervision’s standards assigning a 1,250% risk weight to crypto, saying the figure was “not derived from a calibrated assessment of the actual risk profile of digital assets.” They said any future capital treatment for on-balance sheet digital asset activities should reflect both opportunities and risks, and should be as technology-neutral as possible so banks can participate meaningfully in digital asset markets. The letter comes as senators prepare to act on a crypto market structure bill known as the CLARITY Act, with Senate leaders pushing to pass it ahead of the midterms in November to avoid having to reintroduce it in the next session if it fails to advance. The current version would allow banks to use digital assets and blockchain for payments, lending, custody, and trading, and the senators said such legislation would “undoubtedly require capital guidance,” urging regulators to begin developing a new framework. The letter was also signed by Senators Dan Sullivan, Bill Hagerty, Bernie Moreno, Ted Budd, and Jon Husted. Debate on the Senate’s crypto bill is slated to resume this week after the Senate returned from recess. The legislation would define how the Securities and Exchange Commission and the Commodity Futures Trading Commission regulate crypto markets and companies. The Senate Banking and Agriculture Committees have each passed their own versions addressing securities and commodities, and the full Senate will need to reconcile differences between the bills. Lawmakers have also raised additional issues—such as stablecoins, ethics, and crypto developers—that may need to be addressed for the bill to secure the 60 votes required to pass the Senate without prolonged debate that could leave it stalled indefinitely.

India’s central bank announced a series of measures to support the rupee after the currency fell to a record low, while keeping its benchmark interest rate unchanged to support the economy. According to Jin10, Governor Sanjay Malhotra said on Friday that the exchange-rate measures were expected to strengthen the country’s balance of payments. He said the central bank would continue to make appropriate policy adjustments as needed to further promote exports and attract, encourage, and incentivize capital inflows. The steps taken on Friday highlighted that the Reserve Bank of India remained determined to support economic growth even as inflation risks rose due to surging energy costs linked to the Iran war. The central bank appeared reluctant to raise interest rates to curb price pressures, opting instead for other measures to prevent further rupee depreciation. The Reserve Bank of India currently expects inflation for the fiscal year ending March 2027 to reach 5.1%, up from its previous forecast of 4.6% and above its 4% target. Malhotra said the central bank was waiting for the inflation outlook to become clearer before taking further action.

Elon Musk, SpaceX, IPO, Artificial Intelligence, XAI, $135 to buy humanity's most expensive dream, Golden Finance, rocket equipped with AI.

Gold prices have retreated from record highs while housing prices in Tehran have surged 80% during the war, as some Iranians shift assets from gold into property. According to Jin10, the report said the move has been driven by efforts to protect wealth amid 84% runaway inflation. The article described the trend as a shift away from gold and toward real estate during the conflict.

A security vulnerability has been discovered in Zcash that allows for the unlimited forgery of ZECs. Notably, this vulnerability was discovered using the latest large model, Claude Opus 4.8. Furthermore, this vulnerability has existed for four years.

Ripple's XRP marked its 14th anniversary with a sharp sell-off that pushed the token to its lowest price in months, wiping billions from its market capitalization and raising fresh concerns about the strength of its recent recovery.

Singapore police prevented over $4.2 million in scam losses by working with crypto exchanges to warn victims before they sent money. Using blockchain tools and exchange data, officers made 145 interventions across impersonation, investment, job and romance scams.

With the Federal Reserve's June policy meeting fast approaching, the May US non-farm payroll report is the final major variable. If the non-farm payroll data is also positive, expectations of "high interest rates remaining for a longer period" may be further strengthened.

The significance of Circle CEO Jeremy Allaire's AMA has gone beyond that of a typical Q&A session with investors of a listed company.

Artificial intelligence, chips, US stocks, Nasdaq, Broadcom, which sits at the same table as Nvidia, plummeted, dragging down tech stocks. (Jinse Finance)

Strategy sold Bitcoin in May, a claim denied by the Polymarket platform. When the settlement results of prediction markets deviate from the actual facts, the product no longer prices itself around the event, but instead begins to bet on how the platform interprets its own rules.

Future practitioners will need a dual perspective: understanding both the cost structure and pricing logic of AI Tokens as "intelligent fuel" and the rights design and asset attributes of blockchain Tokens as "value carriers".

Cryptocurrency exchanges' move to offer US stock trading is a desperate self-rescue measure in the current market downturn, but it faces issues such as capital drain and compliance pressures, which will temporarily affect the pace of the crypto market's recovery. However, from a long-term perspective, it represents a paradigm shift for the industry.