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HYPE whale Loracle’s X account is suspected to have been banned.
ME News, May 2 (UTC+8), according to Degen News, the X account of Loracle, an early Hyperliquid contributor and HYPE whale, has allegedly been suspended or deleted. Search results currently show “This account doesn’t exist.” (Source: PANews)
HYPE1.81%
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Printr Public Sale Commitment Forecast Downgraded, Confidence in the “Over $6 Million” Option Plummets
ME News, May 2 (UTC+8) — Prediction market data shows that in the “Total Commitments to Printr Public Sale?” event, the trading probability of “More than $6 million committed to participate in Printr’s public sale?” dropping from 38.3% to 2.1%, a decline of 36.2 percentage points in one day.
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HYPE whale Loracle’s X account appears to have been suspended
ME News, May 2 (UTC+8), according to Degen News, the X account of Hyperliquid early contributor and HYPE whale Loracle has allegedly been suspended or deleted. The current search results show “This account doesn’t exist.” (Source: PANews)
HYPE1.81%
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Bitwise Announces the Closure and Liquidation of the BTOP and BWEB Crypto ETFs
Bitwise announced the closure and liquidation of two ETFs, BTOP and BWEB, without disclosing the reason. Starting May 21, 2026, holdings that have not been voluntarily redeemed will be redeemed for cash at NAV, with the proceeds expected to be distributed through brokers and other channels around May 29.
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BTC6.03%
ETH3.96%
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The Ethereum Foundation Sold Approximately $47 Million Worth of ETH to Bitmine Within a Week
The Ethereum Foundation has once again sold 10,000 ETH to Bitmine for approximately $47 million, with the funds to be used for core operations, protocol research and development, ecosystem development, community grants, and more. After the acquisition, Bitmine continued staking the ETH. It currently has approximately 4.19 million ETH staked, accounting for about 83% of its total holdings, with a market value of approximately $95 billion.
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ETH0.51%
BMNR5.77%
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Rezaei: Economic War Will Blockade Oil Exports Through the Strait of Hormuz
ME News reported on August 24 (UTC+8) that Rezaei, secretary of Iran’s Supreme National Security Council, said that if the economic war continues, not a single drop of oil will be exported from the Strait of Hormuz or anywhere in the Persian Gulf. Iran will consider any country’s participation in or support for the United States’ economic war against the Iranian people an act of war. (Source: ChainCatcher)
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Lack of clear guidance leaves U.S. long-term Treasury bonds at risk of further sell-offs.
This week’s speech in Jackson Hole is attracting considerable attention, with markets expecting Warsh to provide forward guidance on persistent inflation and fiscal issues; if he continues to offer no information, long-term Treasuries could face further selling. Since taking office in May, he has provided little forward guidance, and his previous speech triggered a sharp sell-off in the bond market. Analysts believe that clarifying the inflation outlook and policy path could reduce the term premium arising from uncertainty.
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Canadian Ambassador to the United States: The Breakdown of Canada-U.S. Trade Talks Involved Multiple Issues
ME News reported on August 24 (UTC+8) that Canadian Ambassador to the United States Mark Wiseman said Canada-U.S. trade negotiations broke down on the evening of the 22nd due to issues involving multiple topics. Wiseman said the written text of the potential agreement differed from what the Canadian side considered to be the consensus, and that the failure of the negotiations was not caused by any single issue. The breakdown triggered a new round of tariff measures, which could lead to an escalation of the Canada-U.S. trade dispute. (Source: ChainCatcher)
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xAI Releases Grok 4.3 With Improvements to Both Performance and Pricing
Grok 4.3 launched on May 2. xAI scored 53 points on the Artificial Analysis Intelligence Index, slightly higher than Muse Spark and Claude Sonnet 4.6; it improved by 4 points over Grok 4.20 and achieved ELO on the GDPval-AA benchmark. Compared with Grok 4.20, input prices fell by approximately 40%, output prices fell by approximately 60%, and agent performance also improved.
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In the first half of this year, net inflows exceeded $1.8 billion, with each of Bitwise’s four products receiving more than $100 million in funds
ME News reported on August 24 (UTC+8) that the Bitwise CEO posted on X, stating that during the first half of this year, investors made net investments of more than $1.8 billion in Bitwise products amid a bear market. Among them, the four categories of products—ETFs/ETPs, private active and Alpha strategies, staking, and treasury—each saw inflows of more than $100 million. Bitwise consists of more than 150 professionals from the financial and technology sectors. He said that these individuals could have pursued other careers, but hoped to help drive this comeback story together with the crypto industry. The Bitwise team hopes that the crypto industry can change the world and that the efforts of its many participants will be recognized. He said that Bitwise is not the industry’s protagonist; rather, it is positioned to support the industry ecosystem and help investors participate in emerging opportunities. He also discussed the-
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Printr Public Sale Total Commitment Forecast: Probability of “Over $10 Million” Option Plummets
ME News, May 2 (UTC+8) — Prediction market data shows that in the “Will Printr’s total public sale commitments?” event, the probability of the “Yes” option in the “Will public sale commitments to Printr exceed $10 million?” prediction fell from 39.0% to 1.2%, a one-day drop of 37.8 percentage points.
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ISM PMI Index Above 51 for Four Consecutive Months
ME News, May 2 (UTC+8) — The ISM PMI announced today was 52.7, exceeding 51 for the fourth consecutive month. The previous two times this occurred were in January 2017 and September 2020, both of which triggered cryptocurrency price increases on a historic scale. The ISM is a U.S. manufacturing economic indicator; a reading above 51 indicates economic expansion. Previously, whenever the ISM index remained above 55, the cryptocurrency market experienced significant price increases. The index has not yet reached 55. (Source: MLion)
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The predicted probability of Musk posting tweets in April 2026 has dropped sharply.
ME News reported on May 2 (UTC+8) that, according to prediction market data, in the event “Prediction of Elon Musk’s Number of Tweets in April 2026,” the probability of the “Yes” option for “Elon Musk will post 1,000–1,039 tweets in April 2026” fell from 23.6% to 0.1%, a single-day decline of 23.6 percentage points.
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Federal Reserve Governor Bowman: Regulators must consider how to respond to new technologies such as Mythos.
Senior Federal Reserve regulatory official Bowman said it is necessary to study how to regulate new technologies such as Anthropic’s Mythos, as their ability to autonomously identify and patch vulnerabilities could strengthen cybersecurity, but malicious use could also expose and exploit weaknesses. Anthropic is evaluating safeguards and limiting the release of its latest model, which has also prompted Trump administration officials to consider the risk of cyberattacks threatening financial stability.
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JPMorgan: Growth in stablecoin usage may not necessarily drive a corresponding expansion in market capitalization
JPMorgan’s analysis indicates that the rapid growth in stablecoin transaction volume may not necessarily lead to a corresponding expansion in the market’s overall size, due to increased velocity. As stablecoins see greater adoption in payment scenarios, the same units of funds are used more frequently, improving overall efficiency while reducing demand for additional stablecoin supply. The bank maintains a cautious outlook, forecasting that the total stablecoin market capitalization will reach approximately $500 billion to $600 billion by 2028, and considers expectations of a trillion-dollar market to be overly optimistic.
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CoinShares Announces Its FY2025 Financial Results
ME News reported on May 2 (UTC+8) that European crypto asset manager CoinShares disclosed in its 2025 fiscal year report that total revenue was $165.7 million, up 6.5% year over year; total revenue and operating-related gains were $197.6 million, essentially unchanged year over year. Among these, asset management revenue was $126.4 million, up 13.1% year over year; capital markets revenue and gains were $73.1 million, down 11.6% year over year. Operating profit was $127 million, up 1.6% year over year; net profit was $114.3 million, lower than the $162.4 million recorded in 2024, mainly due to the one-time $36.8 million gain from the FTX claim in 2024 and non-operating gains arising from ETP pricing differences. As of the end of 2025, assets under management were approximately $7.4 billion ($8 billion in 2024.
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xAI Launches Grok 4.3 With Improved Performance and Pricing
Grok 4.3 launched on May 2. xAI scored 53 on the Artificial Analysis Intelligence Index, slightly higher than Muse Spark and Claude Sonnet 4.6. It improved by 4 points over Grok 4.20 and achieved an ELO rating on the GDPval-AA benchmark. Compared with Grok 4.20, input prices decreased by approximately 40%, output prices by approximately 60%, and agent performance also improved.
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JPMorgan: Growth in Stablecoin Use May Not Necessarily Drive Corresponding Market Cap Expansion
JPMorgan’s analysis points out that the rapid growth in stablecoin transaction volume may not necessarily lead to a corresponding expansion in the overall market size, due to increased velocity. As stablecoins see greater adoption in payment scenarios, the same unit of capital is used more frequently, improving overall efficiency while curbing demand for additional stablecoin supply. The bank maintains a cautious outlook, projecting that the total stablecoin market capitalization will reach approximately $500 billion to $600 billion by 2028, and considers expectations of a trillion-dollar market to be overly optimistic.
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Paradigm Researcher Proposes a Timestamp Escape Mechanism to Protect Early Bitcoin From Quantum Computing Threats
Paradigm researcher Dan Robinson has proposed PACT (Provable Address Control Timestamping), a framework designed to protect long-dormant Bitcoin, including Satoshi Nakamoto’s early addresses, from future quantum attacks. The mechanism proves control over an address through a timestamp without requiring asset transfers or exposing on-chain activity. If a quantum attack occurs, the assets can be recovered on a quantum-resistant network based on this proof. Compared with the mandatory migration proposal BIP-361, PACT avoids the privacy exposure caused by proactive transfers, providing long-term holders with a more flexible form of advance protection.
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BTC0.08%
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The forecast probability of MegaETH’s FDV surpassing $2 billion the day after launch has plummeted.
ME News reports that on May 2 (UTC+8), prediction market data showed that in the prediction of whether MegaETH’s fully diluted valuation (FDV) would exceed $2 billion one day after launch, the probability of the “Yes” option falling from 21.5% to 0.1%, a single-day decline of 21.4 percentage points.
MEGA7.37%
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