1. Canaan Inc. reported Q1 revenue of $62.7 million, with Q2 revenue expected to range between $35 million and $45 million;
2. Japan's Financial Services Agency officially designated specific foreign-issued stablecoins as electronic payment methods, effective June 1;
3. Iranian military spokesperson stated: if attacked again, they would "open a new front";
4. Iranian lawmaker stated: Iran has "never left the negotiating table";
5. Base chain Meme coin TSG's market cap surpassed $6 million, surging over 300 times intraday;
6. HYPE's exchange rate against BTC and BNB hit a new all-time high;
7. VanEck: The digital credit market could reach $2.5 trillion in the next decade, with BTC potentially hitting $1 million;
8. South Korea's seventh-largest pension and welfare corporation incurred a loss of approximately $32.73 million by investing in a leveraged Ethereum ETF;
9. Bank of America increased its stake in Strategy to $664 million, now holding 3.96 million shares;
10. Echo Protocol: The team has successfully regained control of the admin key and destroyed the remaining 955 eBTC held by the attacker.
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Svmuu Evening Brief
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