According to a report by Specter, Odaily, in conjunction with ChangeNOW, has frozen $91,000 of the stolen funds from Gravity Bridge. The attackers still hold the majority of the funds and have not yet transferred them. Previously, it was reported that the Gravity Bridge contract keys were compromised, resulting in the theft of $5.4 million in assets. The assets extracted by the attackers included: $4.3 million in USDC, 274 WETH (worth approximately $553,000), $434,000 in USDT, and $64,000 in PAYG. The addresses involved are 0x7B58...1F9 and 0x4d3c...A47.

Odaily reports that Republican fintech entrepreneur Michael Carbonara sold 10 bitcoins for $800,000 to fund his congressional campaign, demonstrating his support for cryptocurrency in this crucial battle for the election. Beyond the election, Carbonara believes blockchain technology can also help governments improve transparency in how taxpayer money is used. (Decrypt)

Odaily Planet Daily reports that Hong Kong Financial Secretary Paul Chan Mo-po stated in a blog post on May 31 that overseas and domestic funds have cast a vote of confidence in Hong Kong, and the city's asset management business is experiencing considerable growth. He noted that a recent 2026 Global Wealth Report released by an international consulting firm estimates that Hong Kong's cross-border wealth management assets grew by 10.7% year-on-year to approximately HK$23 trillion last year, surpassing Switzerland to become the world's leading cross-border wealth management center. It is projected that from now until 2030, Hong Kong's managed cross-border wealth will grow by approximately 9% annually, a growth rate also higher than Switzerland's. This reflects the confidence of overseas and domestic funds in Hong Kong's system and investment environment. He mentioned that according to the Securities and Futures Commission's annual "Asset and Wealth Management Activities Survey," the total value of Hong Kong's asset management business has exceeded HK$35 trillion, with 54% of the funds coming from investors outside mainland China and Hong Kong, reflecting the continued consolidation of the internationalization of Hong Kong's asset management industry. Looking at the trend, Hong Kong's asset management business is experiencing considerable growth; in the 10 years from 2015 to 2024, the asset size is expected to double, and the number of asset management institutions will nearly double. (Xinhua News Agency)

According to Huoxun Finance, monitoring data shows that a whale address deposited 1,504 ETH into OKX after being dormant for 7 months, corresponding to a value of $3.05 million. This holding has accumulated a loss of $2.82 million.

According to Odaily Planet Daily, "newly crowned stock market guru" Serenity published an article on the X platform stating that Sivers should completely transform into a US company, with a Nasdaq listing as the first step. The company already possesses a US capital structure, a large percentage of equity, and the support of the CHIPS Act. This transformation could bring higher valuation premiums and M&A opportunities. Furthermore, negative media coverage in Sweden, influenced by short sellers, is detrimental to the development of AI photonics. The US market can provide more financing opportunities and support from institutions, funds, and indices. Serenity also suggested that Sivers retain its European operations as a subsidiary, managed by its US parent company, ultimately becoming a major US optical communications company, rather than merely explaining its value in the Swedish market. He further hinted that Sivers' management may have already begun seeking to transform Sivers into the next US photonics giant similar to Lumentum.