Fed Meeting Minutes: Dollar Softness Attributed to Concerns Over Trade Policy Impact on Economic Growth

On May 30th, Hester Peirce, who is often referred to as the "Crypto Mom" at the SEC, stated at the Bitcoin 2025 conference that crypto investors should be accountable for their investment decisions and not expect government assistance in case of losses. The commissioner emphasized, "If you advocate the idea of choice, you should learn from investment losses rather than seek a bailout." Peirce pointed out that most cryptocurrencies themselves are not securities, and relevant trading platforms do not need to register with the SEC unless they are engaged in securities-related activities. Regarding the recently popular Meme coins, she clearly stated that this falls within the speculative realm where investors should bear their own risks. On the issue of publicly traded companies holding crypto assets, Peirce maintained a neutral stance and only emphasized the need for proper disclosure. The SEC has recently issued a policy statement excluding Meme coins, certain mining activities, and st

May 30th. According to official channels, the F1 Red Bull Racing Team's co-branded digital collectibles series, IN THE MOMENT, has officially completed its first round of minting activities recently. The series began on May 23rd with a three-day limited-time free minting event. Statistics indicate that the total minted amount in the first round has exceeded 1 million, attracting more than 200,000 participants, demonstrating the significant allure of Web3 digital collectibles and the cross-collaboration between top-tier sports events. It is reported that the first phase of the event has ended, and both the minting and reissue channels have been closed. The second round of minting will start on July 4th, introducing new card designs, more collaborations with guest artists, and exciting rewards. Further details will be announced through Gate's official channels.

On May 30th, according to HTX market data, SAFE has surpassed $0.7, and the current price is $0.7208, indicating a 24-hour price increase of 23.2%.

On May 30th, WEEX announced that the platform is about to commence Quidax Token (QDX) spot trading. Additionally, WEEX has recently listed the COCOROETH (COCORO), AVO (AVO), Bookie AI by Virtuals (BOOKIE), LENS (LENS), and Reddio (RDO) spot trading pairs. Quidax Token (QDX) is the platform token of the Quidax exchange. It was launched in 2021 and aims to offer various benefits, including trading fee reductions, passive income possibilities, and additional advantages within the Quidax ecosystem. QDX also enables holders to access its dApps, such as the QDX Raffle, which is a BNB Smart Chain-based Web3 lottery game.

On May 30th, according to Newsis, the South Korean police announced that the key suspect in a virtual asset investment fraud case, Chief Suspect A, who had been on the run overseas for nearly two years, was recently apprehended and transferred to the prosecutor's office. The police accused him of participating in a scam organization from 2021 to 2023. By luring with the promise of "high returns", he promoted 28 worthless virtual currencies to the clients of the original consulting company. The total amount involved was 320 billion South Korean won (approximately 230 million US dollars), and approximately 10,000 victims were affected.

On May 30th, Solana's ecosystem token issuance platform, Cooking.City, completed a $7 million financing round. Jump Crypto led this round of financing, with CMT Digital, Mirana, Bitscale Capital, and EVG participating. Cooking.City is dedicated to reshaping the token issuance mechanism and presenting a sustainable, incentive-driven, community-centric on-chain issuance model. The new model proposed by Cooking.City encompasses: Value Redistribution (redistributing the majority of platform fees to developers and users), a "Confidence Pool" mechanism (requiring token issuers to pre-deposit a certain amount of funds into the smart contract), and a social-based value distribution system (introducing a referral commission system and redistributing fees within the ecosystem. Most fees are used for community referrals and transaction rewards, some are returned to the token issuer, and the rest is invested in the platform's long-term development).