Binance founder CZ reposted content on social media saying that in the past 3 months, 1,441,281 BNB have been burned, equivalent to burning 11.12 BNB per minute. CZ said, or about burning approximately $11,000 per minute, I had not even considered this issue from this perspective before. BNB is deflationary.

 South Korean parliamentary investigation found that the funds between the top five domestic virtual currency exchanges and the Cambodian "Post Easy Money Group" sanctioned by the US and UK surged from 9.22 million Korean won in 2023 to 12.8 billion Korean won in 2024, an increase of nearly 1400 times. The transactions are mainly conducted through the stablecoin Tether (USDT), with Bithumb exchange accounting for the largest share. The South Korean government is considering imposing financial sanctions on the Cambodian criminal organization to curb potential money laundering activities. Some exchanges have already cut off ties with the organization from March to May this year.

Argentina's main stock index surged 20%. On the news front, the political party of Argentine President Milei won the country's midterm elections.

 Norway's largest pension fund (KLP) increased its stake in Strategy $MSTR to $29 million.

spot silver fell more than 3.00% intraday, now trading at $47.10 per ounce. New York silver futures fell 3.00% intraday, now trading at $47.13 per ounce.

US stocks, cryptocurrency, and quantum computing concept stocks collectively rose in early trading. Robinhood, BMNR, and SBET rose more than 4%, Strategy, Bitfarms, and IREN rose more than 3%; IONQ and QBTS rose more than 5%, RGTI, QUBT, and ARQQ rose more than 4%.

tech giant IBM announced the launch of the digital asset operation platform IBM Digital Asset Haven. It is reported that this is a comprehensive platform for financial institutions, governments, and enterprises to securely manage and expand their digital asset operations, allowing banks and administrative agencies to manage their digital asset lifecycle, including custody and settlement, through a single solution.

 China Securities Regulatory Commission issued the "Opinions on Strengthening the Protection of Small and Medium Investors in the Capital Market". It mentions promoting listed companies to enhance investor returns. Vigorously advocate for listed companies to return to investors through methods such as "cancellation-style repurchases". Take multiple measures to guide listed companies to implement dividends more than once a year while ensuring sustainable development, enhancing the stability, continuity, and predictability of dividends.

according to CNBC: Tesla's chairman of the board said that if the $100 billion compensation plan is not approved, Tesla (TSLA.O) could face the risk of losing CEO Musk.

based on extensive solicitation of opinions from all parties, the China Securities Regulatory Commission has conducted research and drafted the "Opinions on Strengthening the Protection of Small and Medium Investors in the Capital Market", which was officially released today. The "Opinions" follow the approach of "targeting core concerns, striving for practical effectiveness, and being legally justified", focusing on key issues of concern to small and medium investors, strengthening the protection of small and medium investors in the issuance and listing process, creating a system environment conducive to fair trading for small and medium investors, strengthening the responsibility of operating institutions to protect small and medium investors, cracking down severely on illegal activities that harm the interests of small and medium investors, promoting the construction of a diversified dispute resolution mechanism for securities and futures, enhancing the role of investor protection institutions, improving the protection system and mechanism for small and medium investors in the delisting process, and strengthening the legal protection of small and medium investors, proposing twenty-three specific measures in eight aspects. The relevant measures are conducive to improving the investor protection mechanism, enhancing the inherent stability of the capital market, effectively protecting the legitimate rights and interests of small and medium investors, and boosting market confidence.