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Jun 02, 2026

Ondo Finance to Launch Groundbreaking RWA-Backed Perpetual Contracts Platform

Ondo Finance CEO reveals Ondo Perps, the first perpetual contracts platform built on real-world assets, will launch within weeks. This innovation bridges traditional finance with DeFi, offering new derivatives trading opportunities.

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Jun 02, 2026

Alibaba Unveils Qwen3.7-Plus: A Multimodal AI Agent with Enhanced Vision-Language Capabilities

On June 2nd, Alibaba officially launched the Qwen3.7-Plus multimodal AI agent model. Building upon Qwen3.7's text capabilities, it significantly enhances vision-language understanding while maintaining full agent abilities in coding, tool usage, and productivity workflows.

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Jun 02, 2026

Trump Abandons $1.8 Billion Legal Fund Amid Bipartisan Criticism Over 'Political Slush Fund' Allegations

The Trump administration plans to scrap a controversial $1.8 billion legal aid fund for alleged victims of government "weaponization." Bipartisan critics derided it as a "political slush fund" for allies. This follows recent setbacks on arts center reforms and Iran policy.

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Jun 02, 2026

Leaked Call Reveals Former US Leader's Fiery Rebuke of Israeli PM Over Military Escalation

Sources reveal a heated phone call where the former US president sharply criticized the Israeli PM's military plans in Lebanon, calling the approach "crazy" and warning of international isolation, while referencing past political support.

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Jun 02, 2026

Iran Issues Stern Warning: Prepared to Employ All Means to Defend National Interests

Iran's foreign ministry strongly condemned the United States and Israel for persistently violating ceasefire agreements. It emphasized that breaches on any front constitute a violation of the overall deal and declared that Iran is prepared to utilize all necessary capabilities to defend its interests against threats.

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Jun 02, 2026

Fee War Intensifies as Grayscale Files Key Update for Staking ETF, New Product Launch Imminent

Grayscale has filed an S-1 amendment for its Hyperliquid Staking ETF, proposing a 0.29% annual fee, undercutting rivals. Analysts predict a launch as early as this week, marking the third fund in this competitive new product category.

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Jun 02, 2026

Trump's Monday Remarks Signal Diplomatic Moves: Iran Talks Accelerate, Middle East Tensions Ease

President Trump outlined key foreign policy developments on Monday, indicating accelerated negotiations with Iran and a potential deal soon. He also noted a productive call with Israel's PM and a ceasefire between Israel and Lebanon, while predicting a sharp drop in oil prices.

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Jun 02, 2026

Market Holds Breath: Near-Certainty of Fed Holding Rates Steady in June

Market indicators now assign a 98.4% probability that the Federal Reserve will hold interest rates steady in June, signaling a near-certain pause. Expectations for July also heavily favor unchanged policy, suggesting a potential plateau in the tightening cycle.

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Jun 02, 2026

Trump Signals Major Breakthrough in Iran Deal Within a Week, Claims to Have Defused Tensions

President Trump indicated a potential deal with Iran within a week, covering extended ceasefire and Strait of Hormuz reopening. He claimed to have personally resolved a sudden flare-up in regional tensions, suggesting a peace agreement could surpass military victory.

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Jun 02, 2026

U.S. Strategic Petroleum Reserve Nears Historic 40-Year Low

The U.S. is rapidly drawing down its Strategic Petroleum Reserve to address supply pressures. Stocks are plummeting and may soon hit their lowest level since 1983. Experts warn this depletes the nation's buffer against future supply shocks.

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Jun 02, 2026

Compute Crunch: Google Admits AI Demand Surge Overwhelms Current Infrastructure

Google has revealed that demand for AI solutions from businesses and consumers is surging at an unprecedented rate, outstripping its current computational supply. This highlights the immense infrastructure strain driven by the AI boom.

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Jun 02, 2026

Alphabet Launches $80 Billion Equity Raise to Supercharge AI Infrastructure

Alphabet plans an $80 billion equity raise to expand its AI infrastructure and computing power. Berkshire Hathaway is reportedly investing $10 billion privately, signaling a massive capital bet on the AI hardware race.

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Jun 02, 2026

Regional Tensions Escalate: Iran's Top Commander Warns of Shifting Maritime Policy in Bab el-Mandeb Strait

A senior commander of Iran's Islamic Revolutionary Guard Corps indicated that navigation policies in the Bab el-Mandeb Strait could be adjusted in coordination with other strategic waterways. This statement responds to recent regional conflicts and signals potential new risks for global shipping lanes amid heightened geopolitical tensions.

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Jun 02, 2026

US Strategic Petroleum Reserve Plummets to Two-Year Low, Raising Energy Security Concerns

The US has drawn down its Strategic Petroleum Reserve at a rapid pace, pushing stockpiles to their lowest level since early 2024. Recent data shows significant weekly withdrawals. Analysts warn reserves could soon hit historic lows, sparking debate over long-term energy security and market stability.

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Jun 02, 2026

Gulf Tensions Escalate as Iran Announces Retaliatory Strike on US-Israeli Maritime Target

Following a US attack on an Iranian vessel in the Gulf of Oman, Iran's Islamic Revolutionary Guard Corps Navy announced a retaliatory cruise missile strike on the Sariska, a ship it identified with US-Israeli interests. Iran vowed a firm response to any further aggression.

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