Golden Web3.0 Daily | U.S. Treasury Secretary Urges Advancement of the "Clarity Act"

DeFi Data

1. Total DeFi Token Market Cap: $64.16B

DeFi total market cap Data source: CoinGecko

2. Decentralized Exchange Trading Volume in the Past 24 Hours: $7.34B

Decentralized Exchange Trading Volume in the Past 24 Hours Data source: CoinGecko

3. Assets Locked in DeFi: $1.2B

Top ten DeFi projects by locked assets and locking volume Data source: DefiLlama

NFT Data

1. Total NFT Market Cap: $200k

NFT Total Market Cap, Top 10 Projects by Market Cap Data source: CoinMarketCap

2. 24-Hour NFT Trading Volume: $200k

NFT Total Market Cap, Top 10 Projects by Market Cap Data source: CoinMarketCap

Headlines

U.S. Treasury Secretary Yellen Urges Lawmakers to Advance the Clarity Act

On May 29, U.S. Treasury Secretary Janet Yellen urged lawmakers to push forward with the Clarity Act: “The most important thing right now is to bring the digital asset industry to the U.S. and make America the hub of this sector. I call on the House and Senate to complete the legislative work on the Clarity Act as soon as possible.”

AI Hot Topics

1. Tencent Cloud Database Fully Upgrades for Agent, Offering Three Major AI Native Database Capabilities

On May 29, Tencent Cloud announced a comprehensive upgrade of its database product system for Agent scenarios, capable of providing native AI database capabilities for Agent applications, AI programming, and intelligent operations. Currently, these capabilities are already widely used within Tencent’s internal AI products such as Yuanbao, QClaw, CodeBuddy, and Claw Pro, and are gradually being opened to industry clients. The upgrade introduces over ten technological innovations, including database branching, massive multi-tenancy, multi-modal hybrid retrieval, and open storage architecture, covering a full upgrade of Tencent Cloud’s self-developed TDSQL product family and supporting the newly launched Agent-native products, Agent Memory and DatabaseClaw.

2. OpenAI Launches Rosalind Biodefense Program

On May 29, OpenAI officially launched a tool to assist in developing new biological defense technologies and improving pandemic response capabilities. OpenAI established the Rosalind Biodefense Program, offering a dedicated large model GPT-Rosalind for trusted collaborators engaged in biological defense tool development, for use in life sciences research. OpenAI will provide free access to this tool and support applications such as epidemiological modeling, early risk monitoring, screening, emergency preparedness, non-pharmaceutical interventions, and other public health efforts. The company has reported this plan to the White House and multiple federal agencies and is now promoting collaboration with federal departments focused on public health.

3. U.S. Stock AI Server Manufacturers Surge Pre-Market: HP Rises Nearly 5%

On May 29, following Dell’s upward revision of its profit and revenue outlook for the fiscal year, AI server manufacturers’ stocks surged pre-market, with HP (HPQ.US) up nearly 5%, Supermicro (SMCI.US) up over 10%, and IBM up over 5%.

4. AI Agent Security Platform Geordie Completes $30 Million Series A Funding, Led by Balderton Capital

On May 29, AI Agent security platform Geordie announced the completion of a $30 million Series A funding round, led by Balderton Capital, with participation from Crosspoint Capital, General Catalyst, and Ten Eleven Ventures. The company focuses on AI Agent governance and security, helping enterprises monitor internal AI agents’ behavior, permissions, data access, and potential risks in real time, limiting nondeterministic AI agent decision-making.

5. Waterdrop Capital CEO: Crypto Industry and AI—One Boosts Productivity, the Other Transforms Work Relationships

On May 29, Jademont, founding partner and CEO of Waterdrop Capital, posted on X that currently, the crypto industry is as cold as it can get, while the AI industry is as hot as it can be. He wants to tell some friends who are thinking of leaving the scene that these two—one increasing productivity, the other transforming work relationships—are the two wheels of social progress, inseparable. Smart people can go with the flow, ordinary people can wait patiently.

DeFi Hot Topics

1. NYSE Parent ICE Calls for Opening 24/7 On-Chain Perpetual Contracts to Promote Fair Competition in Regulation

On May 29, Intercontinental Exchange (ICE), the parent company of NYSE, called on regulators to allow regulated exchanges to launch 24/7 on-chain perpetual contract trading to create a “fair competitive environment” with native crypto markets. ICE CEO Jeffrey Sprecher stated that regulators are currently restricting traditional exchanges from entering this space, even though the market already exists on-chain, emphasizing that traditional finance and crypto markets should compete under the same rules. ICE has reportedly engaged in multiple discussions with decentralized derivatives platforms about on-chain perpetual contract mechanisms to explore pathways for synergy and potential integration between traditional finance and crypto markets.

2. Aave V4 Total Deposits Surpass $100 Million

On May 29, according to the Aave Pro page, Aave V4’s total deposits reached $105 million, with active loans totaling $30.69 million.

3. Cactus Custody Connects to Lido V3 stVaults via Cactus Link

On May 29, institutional digital asset custody platform Cactus Custody announced support for Lido V3 stVaults through its DeFi connector, Cactus Link. Institutional clients can now create and manage stVaults directly within existing custody accounts, performing ETH deposits/withdrawals, stETH minting and burning, vault health monitoring, and rebalancing. This integration extends Cactus Custody’s existing support for stETH and wstETH custody, allowing institutions holding Lido’s liquid staking tokens to combine them with stVault operations.

4. Sei Releases Giga Roadmap, Aiming for 200k TPS and 400ms Finality

On May 29, Sei announced the Giga upgrade roadmap. Giga is Sei’s next-generation protocol upgrade, designed to achieve higher transaction performance by restructuring the execution client, state management, and consensus mechanisms. According to the roadmap, core upgrades include: Ares execution client upgrade (significantly improving performance through pipelined execution and asynchronous processing); Eidos state management upgrade (replacing Merkle trees with flat key-value storage, separating hot state from cold archives); Autobahn consensus (targeting 200k TPS and 400ms finality, already demonstrated at 5 GigaGAS capacity in internal testnets); Sedna private memory pool (introducing encrypted transaction propagation); and a gradual shift to an EVM-only architecture (phasing out Cosmos SDK and CosmWasm via SIP-3).

5. Coinbase Launches Global Crypto Compliance Network TRUSThub

On May 29, Coinbase announced the expansion of its crypto Travel Rule compliance network TRUST and launched a new platform TRUSThub, designed to help global virtual asset service providers (VASPs) achieve privacy-first cross-platform compliance data exchange without establishing centralized sensitive data storage. The platform is based on TRUST’s peer-to-peer architecture, enabling members to share compliance data with global counterparts even if they use different Travel Rule tools, addressing “date of issuance” compatibility issues during regulatory enforcement and lowering VASP onboarding barriers. Coinbase also announced that TRUST network continues to expand, now covering markets including the EU, UK, Australia, India, Brazil, the US, Canada, Hong Kong, Japan, Switzerland, and the UAE.

Disclaimer: As a blockchain news platform, Golden Finance’s published articles are for informational purposes only and do not constitute investment advice. Please establish correct investment concepts and be aware of risks.