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On May 31st, the Shenzhen Municipal Transportation Bureau released its April report on the operation and risks of the ride-hailing industry in Shenzhen. As of April 30, 2026, there were 26 ride-hailing platforms in Shenzhen, with 142,247 "Online Ride-Hailing Vehicle Transport Permits" and 394,872 "Shenzhen Taxi Driver Permits" issued. Data from various platforms shows that the average daily number of ride-hailing orders completed per vehicle in the city this month was approximately 13.01. The demand in Shenzhens ride-hailing market exhibits seasonal fluctuations, and the current market is generally saturated. Enterprises and individuals intending to engage in ride-hailing operations are strongly advised to fully understand relevant laws and regulations, conduct in-depth market research, objectively assess operating returns, and make rational and prudent investment and career decisions.On May 31, local time, US President Trump stated in an interview broadcast on Fox News on May 30 that the US and Iran were close to reaching a "very good deal." Trump also stated in the interview that they would get a "better deal," which should have been faster. However, Trump indicated that if a deal could not be reached, he would request the intervention of the "War Department" (i.e., the US Department of Defense). Trump stated that if he did not get what he wanted, "we will end it another way." Trump also stated that by signing an agreement, they could ensure navigation in the Strait of Hormuz, ensure Irans lack of nuclear weapons, and so on. When discussing the agreement with Iran, Trump emphasized that he was not in a hurry. "If youre in a hurry, you cant get a good deal."May 31 - According to Lighthouse Pro, as of May 31, the film "Love Letter to Grandma," produced by Damai Entertainment, has grossed 1.36572 billion yuan (including pre-sales), entering the top three of the 2026 box office chart.May 31 - According to the Japan Meteorological Agency, a magnitude 3.9 earthquake struck southern Amami, Kagoshima Prefecture, at approximately 10:58 a.m. on May 31. The maximum intensity was felt as 3, and the focal depth was 50 kilometers. There was no risk of a tsunami.May 31 – According to US sources on May 30, after the US Supreme Court ruled that the Trump administration had no right to impose higher tariffs on almost all trading partners, US companies have begun receiving tariff refunds. However, this process may be hampered by the Trump administrations planned appeal. The report states that the Trump administration indicated on May 29 that it plans to appeal a federal judges ruling. This ruling allows all importers who paid tariffs deemed invalid to apply for refunds, not just those who have filed lawsuits.

Binance's Investment in Terra LUNA is Denied by CZ

Cory Russell

May 16, 2022 10:22

CZ Dismisses Reports That Binance Has Invested in Terra

On Thursday, Binance delisted LUNA perpetual contracts with a Bitcoin (BTC) margin.


CZ had already expressed his dissatisfaction with the Terra team's handling of the problem.


As the LUNA and UST drama proceeded to shake up the market, Binance CEO Changpeng Zhao (CZ) issued a warning on Twitter to "respect the market, with a degree of care."


Despite CZ's criticism, allegations circulated on Twitter last week that crypto exchange Binance was one of the major investors in the Terra LUNA ecosystem during the LUNA and UST crises.

CZ Is No Longer Associated With the LUNA Investment

Binance CEO CZ come forth to address the Terra rumors in order to clear Binance's reputation. "First, I need to confront misinformation floating in crypto Twitter," he stated on Twitter. Binance did not participate in Luna's second round of financing and did not purchase any UST. In 2018, Binance Labs invested $3 million in Terra (the layer 0 blockchain). After our first investment, UST arrived significantly later."


Binance Labs, according to CZ, has invested in a variety of crypto ventures over the previous four years. While some of these efforts have failed, others have been quite successful. CZ said, "That's how investments operate."