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- 🎁 12th Anniversary Celebration – Reward Distribution Notification
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- 【Gate Daily Market Digest】📊
Unlock today’s key crypto market insights at a glance!
Top Gainers⭐️ $SNAKEAI $YBDBD $BASEPTL $FPFT $TMAI
Trending Coins🔥 $YBDBD $LAUNCHCOIN $SPX $MIRAI $ANIME
#FearGreedIndex# #TopGainers#
- #May CPI Incoming#
This Wednesday, the U.S. will release May CPI data — a key test for rate cut expectations. Cleveland Fed forecasts 2.4% YoY CPI (up from 2.3%), with core CPI flat.
💬 If inflation beats expectations, will the Fed still cut in June? Will you stay on the sidelines or take early action?
#Tech Giants Eye Stablecoins#
Apple, Google, Airbnb, and X are in talks to integrate stablecoins into their payment systems, aiming to cut fees and streamline global payments. Following Circle’s IPO surge, stablecoins are quickly gaining traction across tech and finance.
💬 Could stablecoins be - Trading Myth vs Reality: Rising Wedge
❌ Myth
"A rising wedge is a bullish signal; buy immediately once the pattern completes."
✅ Reality
Proper rising wedge trading requires confirmation:
1.A clear break below the lower line (2 confirmed closes)
2.Volume increase on the break
3.A pullback that doesn't break above the lower line
💡 How to trade correctly:
· Wait for the pullback after the break
· Set stop-loss above the upper line
· If price breaks above upper line, volume must confirm or it's a false breakout
- What are Gate Post Ambassadors? One article guides you through the responsibilities and benefits of being a Gate Post ambassador!👇️
Shield: The fundamental cause of the FEG attack is the composability issue that arose when integrating with the Wormhole bridge
Odaily Planet Daily News: PardShield stated that it analyzed the latest FEG Hacker attack incident, and the fundamental reason seems to be the composability issue that occurred when integrating the underlying Wormhole bridge for Cross-Chain Interaction messages/Token transfers. Specifically, Hacker created a false deposit message (not supported by the audited FEG SmartBridge through an unexpected Wormhole relay interface), and then transmitted it to another chain and received by the FEG SmartBridge (now disabled) to extract FEG Token. Please note that the SmartDeFi code was not affected.
Meanwhile, the Wormhole Foundation stated: "The FEG security incident has nothing to do with Wormhole. All Wormhole contracts are completely unaffected and have nothing to do with this issue." Earlier news, FEG suspected to have suffered an attack and lost about 1 million dollars.