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Federal Reserve Harker: It Is Reasonable to Keep Rates Steady

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On June 2, Federal Reserve official Harker noted that holding interest rates steady is the appropriate move at this time. If high inflation persists, a larger adjustment may be necessary. Should the inflation trend fail to cool down, the Fed might need to take action promptly. (FX168)
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Iranian Media: Communication Between Iran and the US Has Been Interrupted for Several Days

June 2 — Information exchanges between Iran and the U.S. on a preliminary memorandum of understanding have been interrupted for at least several days, per informed sources cited by Iran's Fars News Agency.

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Anthropic is granting access to Mythos to an additional 150 institutions worldwide.

On June 2, Anthropic is granting an additional 150 global institutions access to its Mythos AI model, a tool built to uncover network security vulnerabilities. The company has previously stated that the risks of releasing Mythos publicly are too high to justify doing so. Anthropic plans to formalize this expansion in an announcement coming Tuesday, bringing the total number of institutions with access to Mythos to around 200. The newly approved institutions are spread across 15 countries and span industries including energy, healthcare, and telecommunications. While Anthropic hasn’t shared specific names of the added entities, the company noted some are organizations that produce critical programming code. Insiders have confirmed that Europe’s cybersecurity agency will be among those granted access to the software. To stay updated on global AI trends around the clock, join the DCSN Beating Feishu AI News Channel, which monitors international AI developments 24/7.

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Galaxy Digital Launches Institutional OTC Derivatives Trading Service

June 2 – Digital asset financial services firm Galaxy Digital announced its Global Markets division has officially launched an over-the-counter (OTC) trading service for institutional clients focused on prediction markets. The offering enables hedge funds, family offices, and other institutional investors to participate in prediction market trades with the scale and privacy levels that retail platforms cannot match. Currently, the service covers non-sports event contracts traded on Kalshi and Polymarket, including outcomes tied to economic, political, and geopolitical developments. Galaxy says it plans to expand access to additional prediction market platforms in the coming months. Beyond execution, the firm can also hedge clients’ prediction market positions using stocks, commodities, and other assets, helping investors build comprehensive risk management strategies around individual events. Galaxy also revealed the division has already completed its first institutional trade: a $10

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UBS Group: Raises Oracle Price Target from $250 to $285

On June 2, UBS Group announced it has lifted its price target on Oracle (ORCL.N) from $250 to $285.

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Israeli and Lebanese officials are holding the fourth round of talks in Washington, D.C., United States.

On June 2, Israeli news outlet i24News reports that Israeli and Lebanese officials are holding their fourth round of talks in Washington, D.C.

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Movement Transitions to Independent Layer 1, Targeting the Emerging Market Stablecoin Settlement Track

June 2nd — Movement, the Ethereum Layer 2 blockchain project that faced controversy shortly after its launch last year, is now undergoing a comprehensive transformation. Torab Torabi, Move Industries’ newly appointed CEO, stated that the project has been repositioned as an independent Layer 1 blockchain, with its core new goal being to become the settlement infrastructure for stablecoins in emerging markets. Move Industries announced Tuesday that over the past several months, the company has gained access to a compliant payment network covering the U.S., Canada, and the European Union through partnerships with regulated remittance firms and digital currency institutions — laying the foundation for stablecoin payments and cross-border settlement services. Per the announcement, Move has formed partnerships with stablecoin issuer Circle, wallet projects KAST and Sorted, and tokenization projects Oro, Yuzu Money, and Zoth. Additionally, Avant Protocol selected the Movement Network as the

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