Odaily Morning Brief

1. The US Senate Banking Committee passed the CLARITY Act with a vote of 15:9;

2. Senator Warren requests the SEC to investigate the Trump family's cryptocurrency company;

3. An exchange became the official USDC on-chain treasury deployer on Hyperliquid and obtained the right to purchase USDH branded assets;

4. Iranian Vice President: We will never lose the Strait of Hormuz, no matter the cost;

5. An exchange's Q1 revenue grew by 42%, with after-hours share prices surging up to 30%;

6. Chicago Mercantile Exchange plans to launch Nasdaq Crypto Index futures on June 8;

7. Bitcoin multi-signature custody platform Onramp completed a $12.5 million Series A round led by Early Riders;

8. ZachXBT: LAB insiders control over 95% of the token supply;

9. GSR Chief Legal Officer: The probability of the Clarity Act passing in this Congress is below 50%;

10. Turnkey completed a $12.5 million strategic funding round with participation from Circle Ventures and Sequoia Capital;

11. New stablecoin bank Fasset completed a $51 million Series B round led by SBI Group and others.