📉 SWFT GPT Daily – May 29, 2025
Crypto Market Dips | SocialFi Pops | FCA Drafts Stablecoin Rules | Ooki +232% 🚀
🧠 Key Headlines:
🔹 UK FCA proposes stablecoin rules: Reserve transparency & custody protection.
🔹 Fed Policy: Stable rates expected till Q3; trade tension clouds decisions.
🔹 BlackRock eyes 10% stake in Circle IPO.
🔹 Smart Contract Hack: $12M exploit hits Cork Protocol (Cyvers).
🔹 Trump-backed USD1 stablecoin integrated with Kernel DAO.
🔹 Conduit raises $36M for global stablecoin payments.
🔹 Katana Network launching private DeFi chain with $KAT airdrop.
🔹 Metalayer Ventures debuts $25M fund for Web3 infrastructure.
🔹 Bergen County x Avalanche: $240B real estate digitization begins.
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