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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.

ME News reported on May 7 (UTC+8) that, according to an internal U.S. State Department memo seen by The Wall Street Journal, American diplomats have been warned not to use classified information to place bets on prediction markets. As betting funds related to the U.S.-Iran negotiations poured in, the memo reminded all employees that abusing nonpublic information for financial gain is a serious violation and would not be tolerated. A week before the warning was issued, a U.S. Army Special Forces soldier pleaded not guilty to allegations that he used classified information to bet on Polymarket that Venezuela’s former president would be removed from office, earning more than $400,000. Officials said the rapid rise of online prediction markets has become a major potential national security issue for the United States. Last month, hours before Trump announced that he had reached a ceasefire agreement with Iran, multiple accounts on Polymarket placed highly accurate, well-timed bets, earning tens of thousands to hundreds of thousands of dollars.

ME News reported on May 7 (UTC+8) that Eric Trump pointed out that JPMorgan had a negative attitude toward Bitcoin 18 months ago, calling it a joke asset. Now, the company has begun issuing home loans collateralized by Bitcoin holdings. This shift occurred within 18 months. (Source: MLion)

ME News, September 27 (UTC+8) — According to CoinMarketCap market data, BTC fell below $84,000 and is currently priced at $83,998, down 0.2% over the past 24 hours. (Source: CoinMarketCap)

Chicago Fed President Goolsbee said the war against Iran increasingly resembles an inflationary shock to the economy. Its impact on employment and economic growth has not yet emerged, but concerns about supply chain disruptions and persistently rising prices are intensifying. He emphasized that this is not stagflation, but an ongoing inflationary shock, and that the longer it lasts, the more uneasy he becomes.

AIMPACT News, May 7 (UTC+8), 2026年5月7日, Artificial Analysis announced a partnership with legal AI company Harvey to launch a new Legal Agent Benchmark (LAB). The benchmark includes 1200 agent tasks covering 24 legal practice areas and is designed to evaluate how AI contributes to legal work in 2026. At present, only the partnership announcement and the benchmark’s basic structure have been disclosed; no specific evaluation results, model performance, or methodological details have been provided. (Source: InFoQ)

ME News reported that on May 7 (UTC+8), local time, the Ports and Maritime Organization of Iran issued an official notice to the captains of commercial vessels in and around the Strait of Hormuz, announcing that Iranian ports were fully prepared to provide general maritime services, technical support, and sanitation and medical services. The Ports and Maritime Organization of Iran emphasized that this move was part of Iran’s fulfillment of its sovereign responsibilities in the areas of maritime security and port and maritime services, demonstrating the determination of all Iranian ports to fully support the safe and sustainable navigation of commercial vessels in the Strait of Hormuz. (Source: ODAILY)

According to The Wall Street Journal, an internal U.S. State Department memo warned diplomats not to use classified information to place bets on prediction markets, calling it a serious violation that would not be tolerated. A U.S. special forces soldier profited more than $400,000 by using classified information to place bets on Polymarket, highlighting the potential national security risks posed by online prediction markets. Previously, Polymarket also saw multiple high-value bets placed around the time Trump announced a ceasefire with Iran.

AIMPACT News, May 7 (UTC+8), Google announced that starting May 7, 2026, AI Pro and Ultra subscribers in more countries worldwide can enable Personal Intelligence features in AI Mode. This feature allows connections to Gmail and Google

Patrick Witt, executive director of the White House Digital Asset Advisory Council, said the White House is pushing for the Digital Asset Market Clarity Act to pass Congress before July 4. The Senate Banking Committee will advance consideration of the bill this month, with a four-week work period in June to move it to a full Senate vote. The dispute over stablecoin yield provisions has largely been resolved: the proposal would prohibit yield resembling interest on bank deposits while allowing rewards related to consumer activity. The administration is also negotiating conflict-of-interest provisions that would apply to all government officials.

Federal Reserve Governor Barr said that further rate hikes may be needed to ensure inflation returns to the 2% target in a timely manner. He supported last week’s 25-basis-point increase and believes that, under the baseline scenario, further policy adjustments may be needed to achieve the inflation target. Shocks over the past year and a half, including tariffs, conflicts in the Middle East, and the Russia-Ukraine war, as well as a surge in demand driven by investment in AI infrastructure, have intensified upward pressure on prices.

Block announced on September 24 that it would integrate the Bitcoin Lightning Network into the x402 payment standard. After an HTTP 402 payment request, x402 can use a Lightning Network invoice and payment preimage to complete verification and unlock data. Spiral lead Steve Lee said the move targets instant, low-cost micropayments. No timeline has been provided for integration with Cash App, Square, or Bitkey, and the related Python implementation needs to be tested on real nodes.

ME News reported that on September 27 (UTC+8), Machi Big Brother Huang Licheng wrote in a post on X: "ETH love you 3000 (Ethereum, love you at $3,000)," seemingly hinting at expectations that ETH could reach the target price of $3,000. It is reported that this phrase may have borrowed from the classic line "I love you" in the film "Avengers 4: Endgame".

ME News, September 27 (UTC+8) — According to CME FedWatch, the probability that the Federal Reserve will keep interest rates unchanged at 3.75%-4.00% at its October meeting is 32.5%, while the probability of a 25-basis-point rate hike is 67.5%. By December, the probability that the Federal Reserve will keep interest rates unchanged at 3.75%-4.00% is 5.2%, the probability of a cumulative 25-basis-point rate hike is 38.0%, and the probability of a cumulative 50-basis-point rate hike is 56.8%. (Source: Jin10)

According to ME News, on May 7 (UTC+8), Eric Trump pointed out that JPMorgan had a negative attitude toward Bitcoin 18 months ago, calling it a joke asset. Now, the company has begun issuing home loans collateralized by Bitcoin holdings. This shift occurred within 18 months. (Source: MLion)

AIMPACT reports that Arden has launched an AI-native platform for audits and SOX compliance, addressing the inefficiencies of relying on spreadsheets and screenshots. The platform connects control libraries, source systems, and historical audit data, uses AI agents to automatically gather evidence from legacy systems, and follows up with control owners through Slack/Teams. It supports full-population or sample-based testing, automatically captures exceptions, and generates traceable audit workpapers. SOX compliance costs approximately $2 million per year, with more than 70% attributed to labor costs. The team members are Aryaman and David, who have been friends for six years and previously collaborated on research into LLM reliability (source: InFoQ).

The U.S. Pentagon awarded Meta-backed Scale AI a $500 million contract for data processing and decision support, signaling the military’s growing reliance on artificial intelligence. The amount is five times its $100 million contract. Scale AI’s head of public sector said the original contract had been “pushed to the limit,” and that the new contract reflects an urgent need. In addition, the company is involved in the DIU’s “Thunder Forge” program and the “Golden Dome” homeland defense architecture.

ME News, May 7 (UTC+8) — According to U.S. sources, a Pakistani source said on May 6 that the United States and Iran were close to reaching a memorandum of understanding aimed at ending the war. On the same day, it was disclosed that two U.S. officials and two other people familiar with the matter said the Trump administration believed it was close to reaching a one-page memorandum of understanding with Iran. The memorandum is intended to end the war and establish a framework for more detailed negotiations on the nuclear issue. (Source: ODAILY)

ME News, May 7 (UTC+8) — Prediction market data shows that for the question “Will Bayern Munich win the 2025--26 UEFA Champions League title,” the trading probability of “Yes” plunged from 30.5% to 0.1%, a single-day drop of 30.4 percentage points.

Patrick Witt, Executive Director of the White House Digital Asset Advisory Council, said the White House is pushing for the Digital Asset Market Clarity Act to pass Congress before July 4. The Senate Banking Committee will advance consideration this month, with a four-week work period in June to move the bill to a full Senate vote. The dispute over stablecoin yield provisions has been largely resolved: the proposal would prohibit returns resembling interest on bank deposits while allowing rewards related to consumer spending. The administration is also negotiating conflict-of-interest provisions that would apply to all government officials.

ME News, May 7 (UTC+8) — Prediction market data shows that, for the question “Will Bayern Munich win the 2025--26 UEFA Champions League title?”, the trading probability of “Yes” plunged from 30.5% to 0.1%, a single-day decline of 30.4 percentage points.