FOMO HOUR: A Daily Crypto & Web3 News Show
Crypto majors are green but falling after the Trump Xi summit ended and yields spike; BTC +1.6% at $80.7k; ETH even at $2,260; SOL +1% at $91.6; HYPE +17% at $45.60. Flare (+12%), VVV (+4%) and ZEC (+3%) led top movers. Oil +2% at $99; Gold -3% at $4,560. Stock futures are very red with the Nasdaq down 1.2% as the US-10 year spikes over 4.5%. The CME plans to launch its first crypto market-cap-weighted index futures on June 8. Strive announced its SATA preferred stock will become the first US-listed security to pay daily cash dividends, starting June 16 at a 13% annualized rate, shifting from monthly payments to roughly 250 payments per year. Tether, Tron, and TRM Labs’ T3 Financial Crime Unit disclosed it has frozen over $450 million in illicit USDT since launching in September 2024. The CFTC issued a no-action letter Thursday waiving swap reporting and recordkeeping requirements for designated contract markets handling fully collateralized event contracts, directly benefiting prediction markets. Security startup Calif used Claude Mythos Preview to build the first public macOS exploit, capable of bypassing Apple's Memory Integrity Enforcement on M5 hardware - and they developed it in 5 days. Powered by https://myriad.markets/markets