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CryptoWorld News: Brother Maji has reduced his ETH long position by 300 coins at an average price of $1,786.
He is currently holding ETH longs worth approximately $6.62 million at an average price of $1,812, with a liquidation price of $1,769.
Currently, there is an unrealized loss of about $87k.

CryptoWorld News reports that top AI CEOs including Sam Altman, Dario Amodei, and Demis Hassabis are calling on the U.S. Congress to pass legislation to protect against AI-driven biological weapon threats.

BlockBeats reports that this morning ETH retreated to nearly $1800, Hyperliquid shows a whale named BIT (4 addresses) with increasing long position losses, with a peak unrealized loss of about $51.5 million, now down to $47.5 million, nearly three times the principal.
Previously, one address's liquidation price reached $1716. To avoid liquidation, over the past 6 hours, approximately $5.74 million in margin was added to three addresses, with the recent liquidation line dropping to $1573.
This whale has a total long position of 120k ETH on Hyperliquid, with about 18x leverage, and an average entry price of approximately $2270.
This address belongs to the BIT group (formerly Matrixport), which has received funds multiple times, previously long ETH on a scale of hundreds of millions, with profits exceeding $50 million.

CoinShares said in a post that after the Dencun upgrade, Ethereum’s fee revenue fell significantly, but network usage continued to grow, making it harder to value ETH. Its latest research proposes a 5-year “segmented valuation” framework that incorporates cash flow, monetary premium, and network effects into the same model. CoinShares stated that, under the baseline scenario, ETH’s valuation by 2031 is approximately $4,935.

CryptoWorld News reports that the commercial space company Vast Space, founded by well-known crypto industry entrepreneur Jed McCaleb, announced it will establish its European headquarters in Paris and plans to execute two crewed space missions by 2027. One will transport astronauts to the International Space Station via SpaceX, and the other will deliver the first crew to Vast's commercial space station Haven-1. Jed McCaleb previously founded the early Bitcoin exchange Mt. Gox and was involved in the creation of Ripple and Stellar.

May 16th, Nasdaq-listed Hyperion DeFi announced its Q1 financial report: a net profit of $8.8 million, reversing a Q4 loss of $39.8 million. By the end of Q1, approximately 60k HYPE tokens were added to holdings, surpassing 2 million tokens; validation nodes were entrusted with 10.2 million HYPE tokens, ranking in the top six, just behind Hyperliquid Foundation. Additionally, the company also holds 1.92 million KNTQ tokens and 10 million HPL tokens.

ME News reports that on May 16, SEC documents show that Tema ETF Trust submitted a registration amendment proposing the launch of the Tema Trading & Prediction Markets ETF. This is an actively managed fund planning to invest at least 80% of its net assets in publicly traded companies related to trading and prediction markets, covering financial exchanges, event contracts and prediction markets, cryptocurrency exchanges, and financial data companies. The fund does not directly invest in cryptocurrencies but can gain indirect exposure through related companies. It is still in the preliminary prospectus stage, and the SEC has not yet approved or rejected it.

CoinWorld News, Ampere Dragon announced that the company's application to issue shares to specific investors has been approved by the Shenzhen Stock Exchange. The Shenzhen Stock Exchange's review believes that the company meets the issuance, listing, and information disclosure requirements, and will subsequently submit the registration procedures to the China Securities Regulatory Commission (CSRC) as required. This matter is subject to approval by the CSRC for registration before it can be implemented, and there is uncertainty.

ME News Update, May 16 (UTC+8), Aptos Labs announced that the world's first Korean won-pegged stablecoin, KRW1, will be launched on the Aptos network. This stablecoin is issued by BDACS Korea, aiming to promote on-chain payments and digital commerce applications in Korea and the broader region. Aptos

CryptoWorld News reports that Polymarket has successfully flagged a trader arrested in New York for insider trading. The company stated that in its criminal report, two arrests within the industry are related to it, and Polymarket has become a leader in law enforcement. Blockchain transactions are transparent and traceable, and the footprints left by malicious actors are evident.

CryptoWorld News: OpenAI deploys cybersecurity and disinformation defense measures ahead of the U.S. midterm elections to counter potential misinformation and cyberattacks.

ME News reported on April 18 that EX IO and Anchored have reached a strategic distribution partnership for tokenized U.S. stocks, planning to launch a 1:1 pegged tokenized product tied to real U.S. stocks. Each token is fully backed by U.S. stocks held in custody by FINRA-registered brokers. Anchored is responsible for issuance, custody, and on-chain settlement. The first batch will cover U.S. stock giants such as Apple and Nvidia, as well as some blue-chip stocks, supports fractional shares, 24/5 trading, and integrates liquidity from Nasdaq and the New York Stock Exchange.

CryptoWorld News: Coinbase announces a partnership with Standard Chartered Bank to expand global multi-currency funding channels through Coinbase Prime, supporting AUD, SGD, CAD, CHF, EUR, and GBP. Coinbase states that this move will improve capital efficiency, reduce foreign exchange friction, and enable institutional clients to seamlessly conduct global market operations on the same platform via Coinbase Prime.

The newly launched "When Will Powell Resign as Federal Reserve Chair" contract on Polymarket shows that the highest probability is from June 6–12, at 20%, followed by May 30–June 5 at 18%. Settlement is based on the specified date range, and resignation requires Powell to actually no longer serve as Chair; mere resignation, dismissal, or end of term does not count. Settlement only occurs during Powell’s tenure as Chair, with the timezone set to Eastern Time. Odaily Seer continues to monitor the prediction market.

ME News Report, May 26 (UTC+8), according to official sources, CME Group announced that it is continuously expanding its crypto product lineup by launching Avalanche (and Micro AVAX) and Sui (and Micro SUI) futures contracts, thereby further covering high-throughput Layer-1 blockchains.