MeNews

U.S. stocks closed higher on Wednesday, with technology shares strengthening, Dell surging, and oil prices stabilizing. U.S. Treasury yields approached 5%, and global stock markets may face a 5%-8% correction. Trump said the strikes on Iran would end soon and that the Strait of Hormuz would be renamed the Trump Strait. The former British prime minister warned that failure to control debt would force emergency spending cuts. The Beige Book said the U.S. economy grew moderately, with AI and data centers serving as key supports. Tron’s USDT supply surpassed Ethereum’s for the first time. Broadcom’s Q3 results exceeded expectations, and its AI revenue guidance was raised. Robinhood Chain generated $3.75 million in daily fees, exceeding the combined total of Solana, ETH, and Base.

Bitcoin broke above $80,000 and briefly touched $87,300. Institutional funds and spot ETF inflows were seen as the main drivers, but trading volume, market breadth, and derivatives positioning showed significant divergence. K33 said the pullback was limited and that a bottom had been established, with room to continue catching up to gold and U.S. stocks. 21Shares was optimistic about regulatory tailwinds, while Nexo warned of the risks from declining trading volume, narrowing breadth, and rising leverage. Capital.com identified resistance at $87,000–$88,000, a target of $90,000, and support at $84,000–$85,000 and $80,000. Fundstrat’s Tom Lee said the bull market had begun, driven by the return of AI capital, tokenization, and improving fundamentals.

Eleven Democratic senators on the U.S. Senate Banking Committee urged Chairman Tim Scott to hold a hearing on prediction markets. The committee will hold a prediction market roundtable next week attended only by Republican lawmakers, focusing on securities-based prediction markets, with Kalshi expected to participate. Prediction market regulation is currently overseen primarily by the Senate Agriculture Committee and the CFTC. The Banking Committee’s involvement is viewed as further momentum for the issue.

According to reports, SEC Commissioner Uyeda said the SEC has withdrawn multiple crypto cases inherited from the previous administration because continuing to defend overturned legal interpretations could damage the agency’s credibility. Uyeda also said the Commission is preparing to make a 180-degree shift in its related interpretations. He further noted that an innovation exemption for tokenized securities is a “pilot” that could create more opportunities for new entrants and traditional financial firms.

Katzenberg wrote a lengthy post on X saying that AI is rapidly transforming animation and film and television, and that within the next three years, new AI tools may reduce production time and costs to 90% of their current levels. He emphasized that AI is powerful in reasoning, evaluation, optimization, and pattern recognition, but that true creativity still comes from human taste, intuition, and emotional expression. Technological advances will eliminate some jobs, but they will also expand artistic forms. AI is not going away, and Hollywood should participate in establishing the rules. Developers should collaborate with creators on the basis of authorization, attribution, and fair compensation. As costs decline, more films and new forms of storytelling will emerge.

Iran’s president declared in a speech at the United Nations that Iran would not submit and was willing to resolve the conflict through diplomacy, responding to Trump’s threats by saying that the United States must lift its sanctions on Iran and its blockade of Iranian ports. He stressed fair passage through the Strait of Hormuz, which is effectively closed due to the conflict. Iran’s foreign minister and the U.S. envoy held indirect talks at the United Nations, with Iran insisting on conditions including ending the blockade and unfreezing assets.

ME News, May 6 (UTC+8) — Prediction market data shows that in the market predicting whether crude oil (CL) will fall below $80 before the end of June, the probability of the “Yes” option rising from 46.5% to 68.5%, an increase of 22.0 percentage points in a single day.

According to ME News, on May 6 (UTC+8), sources familiar with the matter revealed that, after announcing in April that it had completed a $200 million Series B financing round, Shenzhen Zhongqing Robotics Technology Co., Ltd. has now completed a Series B+ financing round. The specific funding amount and investors have yet to be disclosed. According to the company, following completion of the Series B round, Zhongqing Robotics’ valuation exceeded RMB 10 billion, placing it among the top-valued companies in China’s humanoid robotics sector. Recently, REDA NIDHAKOU, a representative of Zhongqing Robotics’ foreign investor, stepped down as a director of Zhongqing Robotics. REDA

ME News, May 6 (UTC+8) — White House National Economic Council Director Hassett said: “We are studying possible executive orders targeting artificial intelligence and business. The executive order will provide a clear roadmap for artificial intelligence. The Mythos model reveals vulnerabilities that we previously overlooked.” (Jinshi) (Source: BlockBeats)

ME News reported that SpaceX plans to invest $5.5 billion in Texas to build a “next-generation vertically integrated semiconductor manufacturing and advanced computing” facility as part of its Terafab project. If subsequent phases are completed, the total investment could rise to $119 billion. Terafab was announced in March and is intended to produce chips for projects involving SpaceX, Tesla, and others. SpaceX and Tesla said they could not move forward without chips and therefore needed to build Terafab.

A Morgan Stanley employee mistakenly sent an internal file to certain clients this week, exposing a list of more than 100 ongoing investment banking deals in Asia, involving IPO candidates and related funds and pension institutions in China, South Korea, India, and elsewhere. Some of the information was highly price-sensitive. The employee involved had intended to send a client version but mistakenly sent the internal version, which was later recalled. The company said it takes information confidentiality extremely seriously and has taken measures. It remains unclear whether any clients have inquired about the matter.

ME News, September 24 (UTC+8) — According to CoinMarketCap market data, XRP has fallen below $1.5 and is currently priced at $1.4909, down 1.0% over the past 24 hours. (Source: CoinMarketCap)

ME News reported that Serenity has invested in several small publicly listed South Korean companies that primarily supply memory chips, testing equipment, optical components, and other products to Micron, SK Hynix, Samsung, and U.S. companies. These companies generally have market capitalizations ranging from $40 million to $250 million and are at an AI-driven inflection point. Serenity said it would not disclose the names of the targets, but if the market capitalization of an individual company increases from $40 million to $400 million, it would be enough to cover the related investment risk.

AIMPACT News, May 6 (UTC+8) — Tessera, an AI-native system integration platform, announced the completion of a $60 million Series A round led by a16z. Tessera said it will use large language models and intelligent agents to transform traditional enterprise system integration (SI) processes, completing in several weeks human consulting projects that previously took years, with a focus on migrations and upgrades involving large enterprise systems such as SAP. The company said the funding will be used to expand its engineering, research, and operations teams and accelerate product deployment and market expansion. The company is committed to building solutions focused on addressing enterprise ERP upgrade and transformation challenges, such as migrating from SAP

ME News reports that as ZEC’s price rebounded, the “largest short seller” opened another short position and added to it, accumulating approximately 2,000 ZEC per hour for about 4 hours. The short position now amounts to $12.6 million, with an average entry price of $461 and an unrealized loss of approximately $2.4 million. The position was opened on March 10 at an entry price of approximately $210. This address originated on October 10 last year, when it opened a position at $184 and continuously averaged down, breaking even and turning profitable in December. The address is 0xd47587702a91731dc1089b5db0932cf820151a91.

ME News reported on May 6 that a preliminary assessment issued by the U.S. Department of Homeland Security’s Office of Intelligence and Analysis on April 27 indicated that attempted assassination suspect Cole Allen harbored multiple social and political grievances, and that the U.S.-Iran conflict may have been a motive for the attack. The report also mentioned that he criticized U.S. military operations on social media. The “Significant Event Notification” was obtained by People's Property through a public records request.

ME News reported that on May 6 (UTC+8), security firm Blockaid stated that a custom extension contract of Ekubo Protocol on Ethereum had been exploited, resulting in approximately $1.4 million in losses so far. The vulnerability stemmed from the extension contract failing to verify whether the payer was the initiator of the lock or an authorized payer when executing the payment callback, allowing the attacker to use transferFrom to transfer ERC-20 tokens that had already been approved for the contract.

ME News reported that on September 23 (UTC+8), the U.S. Treasury Department announced it would repurchase up to $6 billion in longer-term government bonds on Thursday, three times the $2 billion cap announced in early August. The yield on 30-year U.S. Treasuries briefly rose to 5.38% during the session. In response to criticism of market intervention, Treasury Secretary Bessent defended the move, saying that market prices had deviated from equilibrium levels. The Institute of International Finance warned that the move could not resolve the structural problems caused by rising debt. (Source: ChainCatcher)

ME News, May 6 (UTC+8) — According to an official announcement, BitMart Futures will launch the KAI/USDT perpetual contract at 23:00 on May 6, 2026 (UTC+8), with up to 20x leverage supported. (Source: BitMart)