The Reserve Bank of New Zealand has cut interest rates for the sixth time in a row, in line with expectations.

On May 29th, the on-chain transaction AI Agent platform OrcaMind.ai was officially launched. Users can directly invoke the AI through the official website to complete on-chain transfers, queries, staking, and other operations, truly achieving an "AI acts, you speak" intelligent interactive experience. OrcaMind.ai is constructed based on a native Web MCP architecture. Users don't need to download a client. They only need to click to install the MCP Server plugin provided by the official to use it. To support more scenarios, developers can also build and launch MCP services through the official SDK to expand the platform's functionality. Currently, the official has opened a whitelist application channel for global users. Users who are successfully whitelisted can participate in the product's internal testing and receive early bird rewards and other exclusive benefits.

On May 29th, as monitored by TheDataNerd, within the past 24 hours, Abraxas Capital has accumulated a total deposit of 36,520 ETH into Binance (approximately $96.18 million).

On May 29th, Glassnode posted on social media that within the past 24 hours, the open interest of the TON perpetual contract witnessed a surge of 33%, increasing from $1.43 billion to $1.9 billion and reaching the highest level since February 18th. It is worthy of note that even after the price pullback, the open interest has remained at a high level. Historical data indicates that similar spikes in open interest often foreshadow price pullbacks and therefore deserve close attention.

On May 29th: The Real World Asset Finance (RWAfi) public chain project Plume posted on social media today and disclosed that the co-founder Eugene unfortunately passed away earlier this week. The official statement indicated that the Plume community held great significance for Eugene as he dedicated himself wholeheartedly to the Plume team and community. The team will deeply remember him and will continue to ensure that the Plume technology he assisted in building continues to inspire innovation and move forward in on-chain living. It is known that Eugene YQ Shen previously worked at Robinhood and dYdX and co-founded the Plume Network as the Chief Technology Officer in 2022.

On May 29th, CryptoQuant officially launched data on social media. It stated that its transaction volume bubble chart indicates that the spot trading volume of ETH is cooling down, while the contract trading volume is overheating. For ETH traders, this presents a potential warning signal.

On May 29th, according to The Block, a Russian bank announced on Wednesday that it is currently enabling financial institutions to offer financial derivatives, securities, and digital financial assets linked to cryptocurrency prices to qualified investors. It is worthy of note that in its Wednesday announcement, the Bank of Russia stated that the conditions for allowing such issuance are that these issuances must be "non-deliverable," indicating that investors can be exposed to cryptocurrency price fluctuations but cannot access the actual digital assets. The Bank of Russia stated in the announcement: "Credit institutions are advised to adopt a conservative approach in assessing the risks associated with these instruments: provide them with full capital coverage and set separate limits for them." It also added that further guidance on such risks will be provided later this year.