On June 6th, Jinshi Data reported that as of the close on June 5th, DR007 (the weighted average interest rate of 7-day interbank pledged repo) was 1.7887%, which is the lowest since February 29th this year and the first time in 3 months that it has fallen below the central bank's 1.8% 7-day reverse repo operation rate. As a result, the investment logic in the bond market has quietly changed, and the once popular 'roll overnight' phenomenon has gradually disappeared, and the volume of pledged repo transactions has also become difficult to reproduce. In response to this, many market participants analyze that the leverage ratio of the bond market may have bottomed out and stabilized, but under the constraint of funding costs, the driving force for a sharp rebound in the leverage ratio is limited. Currently, bond yields are low, so leveraged operations need to be cautious.

Odaily Sei posted on the X platform that the Proposal 55 proposal of "upgrading to V2" has been voted on. The Sei V2 Mainnet upgrade will take place on May 27. As previously announced, Sei will roll out the V2 upgrade in three phases, which will enable a new high-performance parallel EVM. The three phases are Governance, Alpha Release, and V2 Readiness.

PANews reported on May 7 that, according to The Block, South Korea's opposition party, the Democratic Party of Korea, plans to push its campaign promises to make Spot Crypto Assets funds accessible in the country. The Democratic Party won 175 of the 300 seats in the April election, becoming the main force in Congress. The party has pledged to push local Financial Institution to launch Spot encryption ETF and allow retail investors to buy the funds through tax-free account. Democrats plan to ask the Financial Service Committee (FSC) to re-examine Spot Bitcoin ETF in order to open up such products in the local market at the 22nd session of Congress in June. At this time, the FSC does not allow issuance or trading Spot Bitcoin ETF because the FSC reportedly believes that Bitcoin or other Crypto Assets cannot be used as a legitimate underlying asset for such a product. Democrats are also considering options to amend existing financial regulations in response to a possible continued refusal by the FSC.

Golden Finance reported that stablecoin issuance Tether has invested $200 million in biotech company Blackrock Neurotech. The investment was made through Tether's newly formed venture capital arm, Tether Evo. With this investment, Tether is now the longest shareholder of Blackrock Neurotech. Tether added that the investment will help Blackrock Neurotech fund the commercialisation and roll-out of its medical solutions and support its R&D efforts.

Golden Ten Data on April 26, before the release of U.S. inflation data, oil prices showed signs of pump during the week, showing signs of tightening supply. Brent crude oil pump slightly, briefly breaking through $89 a barrel and pump 2.3% this week. Earlier this week data showed a decline in U.S. crude inventories, with important time spread indicators pointing to tight supply. The strongest performance since 2022 was cash roll, a measure of crude oil demand at a major storage center in the U.S. state of Oklahoma. Aldo Spanjer, senior commodity strategist at BNP Paribas, said that crude oil prices will enter $90 for some time. What people are trying to cope with is that a lot of what we're seeing is actually long rise the macro environment.

coin Jiejie.com reports: Digital payments company Block (formerly Square) has completed the design and development of a 3nm Bitcoin mining chip at its headquarters in San Francisco. The company's goal is to promote a Crypto Assets system that is more accessible and Decentralization. Chief executive officer Jack long Dorsey said the progress is a significant milestone for the company's Mining project and plans to roll out a complete coin computer hardware design

PANews reported on April 7 that Anza, a development company spun off from Solana Labs, said on the X platform that it plans to release a fix for the validator client Aget next week to solve the problem of Solana network congestion. After working with core contributors to analyze the root cause of Solana's network congestion and evaluate several potential changes, it has made significant progress and is expected to begin releasing a fix next week. In addition, the Anza team has tested a patch for the current network congestion yesterday. The core issues are related to the QUIC implementation and the behavior of the Aget validator client when handling a large number of requests, and the team will roll out more improvements and changes in the coming months.

On Monday (April 1), local time, OpenAI announced that it would allow users to use ChatGPT directly without signing up for the service. OpenAI said it will gradually roll out the feature starting Monday, allowing more than 100 million users in 185 countries and territories to use ChatGPT to learn new things, find creative inspiration, and get answers to questions. OpenAI also said that it has introduced additional content protections for users who can access ChatGPT without registration, such as blocking prompts and generation in a wider range of categories. However, these categories are not specified. In addition to the free version of ChatGPT (i.e., ChatGPT3.5), OpenAI will continue to offer a paid version for individuals, team users, and businesses. The company also claims that it may use user-provided content to help improve its large language model, but users can turn this feature off. (Per warp net)

PANews reported on March 12 that, according to The Block, Rostin Behnam, chairman of the CFTC, announced that the agency plans to launch new regulatory proposals in the summer to manage potential risks, conflicts and governance issues that may arise in the new market structure and affiliation. The move comes after receiving a lot of commentary and considering the issues that can arise from crypto exchanges taking on multiple roles as brokers, clearinghouses, and custodians. The proposal would specifically deal with provisions for event contracts and is intended to provide more regulatory clarity for exchanges and market participants who want to list event contracts.

According to official news, the full protocol of Chainflip Labs has been released, and users can exchange native BTC, ETH, and DOT at competitive exchange rates on the chain without being limited by the cap on the number of exchangeable assets. In addition, Chainflip Labs has launched a FLIP buy-and-burn mechanism, where a 0.1% fee is deducted for each swap made through the protocol, which is used to buy and burn FLIP tokens. In the future, Chainflip will further roll out new features to improve exchange rates, including a detailed proxy information panel, as well as the integration of new assets and chains.

Vitalik Buterin, co-founder of Ethereum, published a short article titled "How to Rescue User Funds from a Sudden Quantum Attack with a Hard Fork" at the Ethereum Research Forum (ethresear.ch). In the article, Vitalik mentions that if the quantum attack comes earlier than expected, and the account abstraction has not yet fully landed, Ethereum can also solve the problem through a "recovery fork", at which time the fork-related changes are as follows: First, roll back all blocks after a large-scale attack; second, disabling the traditional trading model based on EOA addresses; third, (if it hasn't already been implemented by then) to add a new transaction type that allows transactions through smart contract wallets (such as some in RIP-7560); Fourth, add a new transaction type or opcode, through which the user can provide a STARK proof, and if the proof passes, the code of the user's address will switch to the new verified code, and then the user can use the new code address as a smart contract wallet. Fifth, in order to save gas, due to the large amount of data in STARK proofs, we will support batch STARK proofs to conduct multiple STARK proofs of the above types at the same time.