Negotiations between the United States and Iran continue until Monday, with Iran announcing the closure of the Strait of Hormuz

The Korean stock exchange suspended trading for 20 minutes due to the triggering of circuit breakers caused by an 8% drop in the KOSPI index.

A rotation out of this year's best AI and chip stocks sank Asian markets, with South Korea's Kospi down 6%, and crypto fell with them. Bitcoin is down more than 3% on the week.

Spot gold fell $25 in the short term, falling below $4120 per ounce, with a intraday decline of 1.74%.

According to FT, OpenAI made its debut at the Cannes International Creative Festival, promoting ChatGPT advertising and Codex tools to marketers with the aim of building a multi billion dollar advertising business before its IPO. （Cointelegraph）

CoinUp tweeted that Zhu Pan is not a member of the CoinUp platform and does not participate in the core operation and management of the CoinUp platform. His identity is as a project party for a project launched on a certain CoinUp platform. The short-term significant fluctuations in CPX/USDT trading pairs are due to concentrated selling pressure on the market side, and CoinUp is investigating and verifying the reasons. CoinUp has not been subjected to hacker attacks, data intrusion, or system vulnerability exploitation, and the wallet system, account system, and asset custody are in a secure and controllable state.