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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.

OpenAI, AMD, Broadcom, Intel, Microsoft, and NVIDIA have jointly launched the open network protocol MRC (Multipath Reliable Connection), designed to improve the speed and stability of large-scale AI training clusters and reduce GPU waste. MRC has been deployed in OpenAI’s frontier model training supercomputers, including Oracle’s OCI facility in Abilene, Texas, and Microsoft’s Fairwater supercomputer, and is available for industry use and development through the Open Compute Project.

IDF Chief of Staff Zamir said that U.S.-Israel cooperation is continuing and that the situation is being closely monitored. A series of targets in Iran still remain to be struck, and the IDF remains on high alert, ready to return to the war at any time. This would further weaken the Iranian regime. Since the outbreak of the current U.S.-Israel-Iran conflict, more than 2,000 Hezbollah fighters have been killed by the IDF in Lebanon. Hezbollah has not yet responded.

A lawyer for a North Korean victim will appear at a Manhattan court hearing, seeking to characterize the Aave rsETH attack as fraud rather than theft in order to maintain the freeze on $71 million in ETH. The lawyer argues that the attacker took an unsecured loan and failed to repay it, making it a fraudulent loan, with the intent of obtaining compensation under the Terrorism Risk Insurance Act. Previously, the Lazarus Group exploited a cross-chain bridge vulnerability to mint rsETH and borrow approximately $230 million, of which $71 million was intercepted by Arbitrum developers. DeFi United has raised $327 million, exceeding the disputed amount.

AIMPACT News, May 6 (UTC+8) — In an interview with CNBC, AMD CEO Lisa Su said that AI agents are driving enormous demand for computing power throughout the AI cycle and significantly raising growth expectations for the CPU market. Enterprises have begun to truly see the value of AI for their businesses, and adoption is accelerating rapidly. In addition to AI accelerators, demand for CPUs is also strong, as next-generation AI agents require more general-purpose computing power.
She noted that the market previously generally believed the CPU-to-GPU demand ratio was approximately 1:4 or even 1:8, but it is now approaching 1:1. AMD previously estimated in November 2025 that the annual growth rate of the CPU total addressable market would be approximately 18% to 20%; it has now raised that estimate to more than 35% and expects that by 2030

ME News, May 6 (UTC+8) — Public announced the acquisition of AI investment services platform Treasury App. The acquisition amount has not been disclosed. The move aims to strengthen Public’s AI-driven brokerage business and enhance its AI-focused investment experience. Currently, Public supports trading in stocks, bonds, and cryptocurrencies including BTC, ETH, and SOL. (Source: MLion)

Bonk Guy pointed out that the market has been moving sideways on-chain over the past two weeks, contrasting with the frenzy of the previous 1–2 months. Aside from a few tokens such as USELESS and STONK, most popular assets have already declined, with some even losing half their value. Many high-conviction positions have been sold off due to market weakness, making this precisely the time to go against the trend and buy the dip. The real challenge is holding on when the market is boring and painful. Q4 remains the key focus, and the earlier phase was merely a prelude. Don’t miss the subsequent market rally because of a brief period of weakness.

ADP reported that U.S. private-sector employment increased by 109,000 in April, while the March increase was revised to 61,000. The labor market remains in a “low hiring, low layoffs” environment. April’s employment growth exceeded market expectations, indicating that employment remains resilient; amid high inflation, this also reduces the need for the Federal Reserve to cut interest rates.

ME News reported that on May 6 (UTC+8), London-based crypto startup OpenTrade completed a 17 million US dollar strategic funding round, co-led by Mercury Fund and Notion Capital, with participation from a16z crypto, AlbionVC, CMCC Global, and others, bringing its total funding to more than 30 million US dollars. OpenTrade provides institutions with on-chain and real-world asset-backed lending and stablecoin yield products, and plans to use the funds to expand its infrastructure across permissioned and permissionless use cases. Its products include a permissionless protocol layer and the Curation+ yield vault portfolio framework, which can be used to design yield strategies spanning RWAs and on-chain assets for fintech companies, digital banks, treasuries, and asset issuers. OpenTrade said its total locked

ME News, May 6 (UTC+8) — According to CoinMarketCap market data, BNB is currently priced at $664.2, up 5.2% over the past 24 hours. (Source: CoinMarketCap)

Bitcoin Core quietly fixed its first-ever memory safety vulnerability (use-after-free) before public disclosure, which could allow miners to remotely crash nodes or execute code on other nodes. The vulnerability affected versions 0.14.0–28.x and was fixed in v29.0 in April 2025. Support for 28.x ended on 2026-04-19. Approximately 43% of nodes may still be affected. The vulnerability was privately reported by Cory Fields of the MIT Digital Currency Initiative on 2024-11-02, and Wuille fixed it discreetly four days later. The fix was merged in 2024-12. Source: Foresight News

ME News, May 6 (UTC+8) — Prediction market data shows that in the “Premier League Winner” event, the trading probability of the “Yes” option for “Will Arsenal win the 2025--26 Premier League?” rose from 57.0% to 79.5%, up 22.5 percentage points in a single day.

Killa said on X that Bitcoin’s bottom may already be in, with the maximum drawdown in this bull market expected to be around 10%–15%; if it dips to around $70,000 and forms a local high near $87,000, that range may become the bottom, prompting an increase in long positions; if it holds the key area around $80,000, the uptrend may continue, and short positions will only be considered near $90,000. Source: ChainCatcher

Nscale has filed an IPO application with the NYSE under the ticker NSCL. It is an AI cloud service provider spun off from crypto mining company Arkon Energy in 2024. For the six months ended 2026-06-30, it reported a net loss of $1.02 billion and revenue of $140.6 million, compared with a net loss of $368.9 million in the same period last year. Revenue increased 1252% year over year, rising from $10.4 million to $140.6 million.

Crypto analyst Killa said that Bitcoin may have already formed a bottom. If the price retraces no more than 10%–15% from its current level to the $126,000 range, and forms a local high around $87,000, a bottom may have been established; after reaching the relevant levels, he will increase his long positions to follow the upward trend. Bitcoin is currently testing the key $80,000 zone. If it holds above the previously broken range high, the uptrend may continue. He will only short around $90,000.

New York Fed President Williams said inflation remains above 2%, while rising energy prices and increased demand driven by AI investment mean there is still substantial work to do to control inflation. He believes another rate hike this year is a reasonable expectation, but the decision will be based on economic data. The market’s probability of another rate hike in October has risen to approximately 70%. AI investment may boost productivity in the future, but its contribution to overall productivity remains limited.

The European Banking Authority recommends bringing crypto-asset lending under the MiCA framework and expanding oversight to include cases where users access DeFi lending through crypto-asset service providers. It calls on the EC to conduct a cost-benefit analysis and impose additional compliance and regulatory requirements on intermediary crypto lending and companies providing access to DeFi, potentially including suitability tests for users, leverage limits, and disclosure obligations. It also proposes restricting crypto-asset lending activities to entities authorized under MiCA and establishing a certification system for DeFi lending. This issue has emerged as the MiCA review expands to stablecoins, classification, reporting, and other areas.

Apple open-sourced LensVLM-9B for long documents. It first compresses the entire document into low-resolution pages to quickly scan for relevant pages, then reads the original text or high-resolution images, avoiding the need to put the entire document into the context. Using a 100-page document as an example, the full document requires 51,273 tokens, while LensVLM uses only 8,090; the KV cache is reduced from 1.6GB to 253MB, an 84.2% reduction, with accuracy remaining essentially unchanged after compression. In 7 document question-answering tests, directly reading the full document achieved an average accuracy of 72.4%, while LensVLM achieved 68.9% (approximately 4.3× compression). Compared with 5× compression by converting text into images, it still achieved 68.9%. However, it is slower, taking approximately 17 seconds per response; without compression, directly inputting the full document takes approximately 8 seconds.

AIMPACT News, May 6 (UTC+8), OpenAI announced a partnership with AMD, Broadcom, Intel, Microsoft, and NVIDIA to launch a new open networking protocol, MRC (Multipath Reliable Connection). OpenAI said the protocol can help large-scale AI training clusters run faster and more reliably while reducing GPU resource waste. Currently, MRC has been deployed on all large supercomputers used by OpenAI to train frontier models, including its facility in Abilene, Texas, operated in partnership with OracleOCI, as well as Microsoft’s Fairwater supercomputer. In addition, MRC has been made available through Open Compute

Lawyers for North Korean victims appeared at a Manhattan court hearing, seeking to classify the Aave rsETH attack as fraud rather than theft to maintain the freeze on $71 million worth of ETH. They argued that the attacker used an uncollateralized loan and failed to repay it, making it a fraudulent loan eligible for compensation under the Terrorism Risk Insurance Act. Previously, Lazarus Group minted rsETH through a cross-chain bridge vulnerability and borrowed approximately $230 million, of which $71 million was intercepted by Arbitrum developers. DeFi United has raised $327 million, exceeding the disputed amount.

ARK Invest says Robinhood’s core growth is driven by its monthly subscription service, Robinhood Gold, which has become the gateway to its ecosystem. By Q1 2026, Gold’s penetration among users with funded accounts had reached 15.8%; Gold users held five times the assets of regular users, and their deposits were growing 1.2 times faster. Banking deposits increased from $100 million to $1.6 billion in two quarters, while the number of Gold Card users rose to 765,000, up fourfold year over year. ARK is optimistic about Robinhood’s transformation into a financial super app centered on banking, payments, and investing.