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The article discusses how small teams make critical choices in the face of limited resources. The author shares thoughts and decision-making processes when confronted with security issues, product features, and user feedback, emphasizing the importance of prioritizing security and optimizing user experience, while also pointing out the need for flexibility in responding to market changes and the determination for continuous improvement. Ultimately, the team still needs to strive to continuously optimize the product.

According to reports from CCTV News, the police in Suzhou, Anhui Province recently cracked a case involving the sale of bank cards for "remote Money Laundering" using Virtual Money, with the amount involved exceeding 80 million yuan. The criminal gang recruited card dealers through social media, organized a "card dealer fleet" to collect cards within the country, and completed cash withdrawals and purchases of Virtual Money, allowing for cross-border fund laundering without the bank cards leaving the country. The police pointed out that because the criminal group conducted transactions using Virtual Money, domestic card dealers and their upstream contacts have never met, which has posed great resistance to the public security authorities in verifying the identities of the upstream cross-border bank card trading gang.

The digital asset investment company Arca closed all positions in Circle's stock and announced the termination of their partnership. Arca's Chief Investment Officer Jeff Dorman criticized Circle for only allocating $135,000 in the IPO when Arca had originally subscribed for $10 million. Dorman accused Circle of failing to communicate in advance, wasting the team's resources, and stated that they would close all Circle accounts and refuse to accept any further.

The Netflix series reality show "The House of Streams" will invite Twitch streamers to compete for a prize of 1 BTC (currently valued at over $104,000). The show's website issued a statement in May warning that someone was using the show's brand for fraudulent encryption plans and clearly stated support for Bitcoin, but not for any other meme coins. (Cointelegraph)

South Korea's new president, Lee Jae-myung, has appointed Kim Yong-bum as the head of the presidential policy office, showing support for Crypto Assets and planning to promote a won stablecoin to prevent capital outflow. South Korean regulators will draw on U.S. encryption policies.

Author Huang Shiliang suggested that centralized exchanges could draw on the dynamic fee mechanism of Uniswap V4 by introducing "punitive fees," flexibly adjusting rates based on the performance of coins, and converting them into "ecological construction fees" to fund project development, providing a more flexible risk response and ecological incentive pathway.

According to a spokesperson cited by Bloomberg, S&P Dow Jones Indices made no changes to the S&P 500 constituents in its quarterly rebalancing announced this Friday. Earlier reports indicated that Robinhood Markets Inc. was a "major candidate" for this adjustment, but ultimately was not included.

According to Bloomberg, Deutsche Bank is assessing the application prospects of stablecoins and tokenization deposits, considering the issuance of its own stablecoin or participation in industry consortium projects, and exploring tokenization deposit solutions for payment scenarios to enhance payment and settlement efficiency. Deutsche Bank has previously invested in the Blockchain cross-border payment platform Partior and collaborated with the Swiss blockchain company Taurus to provide digital asset custody services for institutional clients.

According to Wu, Eric Trump announced that World Liberty Financial has partnered with TRUMP Meme Coin. Although the planned meme Wallet project has been put on hold, it will still focus on supporting TRUMP. Eric Trump also stated that World Liberty Financial plans to include TRUMP in its long-term reserve asset portfolio.

According to Wu, MASK experienced a significant fall early this morning, dropping over 50% in the past 24 hours. A similar degree of fall was also seen on April 2.

According to Wu, Donald Trump stated that Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and U.S. Trade Representative Jamieson Greer will meet with Chinese representatives in London on June 9, 2025 (Monday) to discuss the trade protocol.

According to Yonhap News Agency, South Korean President Lee Jae-myung spoke with U.S. President Donald Trump today, and the two sides agreed to reach a mutually acceptable agreement on the tariff issue as soon as possible and promote substantive progress in practical consultations. The call, which lasted about 20 minutes, saw Mr. Trump congratulate Mr. Lee on his victory, while Mr. Lee emphasized that the South Korea-U.S. alliance is fundamental to South Korea's diplomacy.

1. The unemployment rate in the United States in May is 4.2%, with a seasonally adjusted increase of 139,000 in non-farm payroll employment.
The unemployment rate in the US for May is 4.2%, expected at 4.20%, previous value 4.20%. In May, the seasonally adjusted non-farm payrolls in the US recorded an increase of 139,000, marking a new low since February, slightly lower than the previous value of 147,000 but higher than the market expectation of 130,000.
2. Singapore MAS clarifies regulatory scope: focusing on payment and capital market tokens.
The Monetary Authority of Singapore (MAS) has released the latest explanation stating that the main regulatory targets are tokens, specifically so-called digital payment tokens and tokens of capital market products.