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U.S. Stocks End Three-Session Losing Streak; Dell Surges More Than 15% on Better-Than-Expected Earnings, While Treasury Yields Nearing 5% Raise Concerns About a Global Pullback
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.
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DeepSeek Harness Official Desktop App Quietly Released: Not Officially Announced, but Already Installable on Mac and Windows
DeepSeek Harness desktop app appears to have launched prematurely. The official announcement has not yet been made, and there is no download link on the official website, but macOS and Windows installers are already on the servers and can be installed. The desktop app is based on Electron and wraps the web version. Users can log in with an account or API key, select a local workspace, and use it without starting a web service. dsh v0.1.7-rc.2 adds a first-use guide, shortcut management, and background tasks, and fixes several issues. So far, only macOS Apple Silicon and Windows x64 versions have been found. The Mac version is signed and notarized.
DEEPSEEK-1.61%
Approximately $89 million in assets seized, Tether partner bank EQIBank faces liquidation risk
ME News reports that some of Tether’s funds held at its partner bank, EQIBank, have been seized. U.S. law enforcement has frozen approximately $89 million in assets, representing about 80% of the bank’s cash holdings, and the bank faces liquidation risk due to its involvement in the Capstone Ltd. securities fraud case. Tether said its exposure is less than 0.034% of its total assets but did not disclose the specific amount.
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"Falcons vs. Packers" 24H trading volume reaches $1.5M
ME News, September 25 (UTC+8) — Prediction market data shows that trading volume for “Falcons vs. Packers” reached $2.9M over the past 24 hours, with market participation increasing significantly.
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Solana treasury company SkyAI’s five directors re-elected, equity incentive plan rejected
Reported on September 25, all five directors at SkyAI’s annual shareholders meeting, as disclosed in an SEC filing, were reelected: each received approximately 6.9 million to 9.2 million votes in favor, while withheld votes totaled approximately 18.4 million to 20.7 million; under the plurality voting rule, withheld votes are not counted as votes against. Shareholders also voted approximately 22.5 million against and 5 million in favor, rejecting the 2026 equity incentive plan, under which up to approximately 5.145 million shares would have been used for awards. Forward requires SkyAI to respond to its revised acquisition proposal by 5 p.m. Eastern Time.
Data: Tokenized stock holders reach 4.3 million, with BNB Chain in the lead
Token Terminal数据显示,代币化股票持有者总数已达430万,BNB Chain居首,Robinhood Chain130万,Solana99.7万。该指标统计的是链上代币余额,而非独立投资者数量。
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Bridge Co-founder Zach Abrams to Depart Stripe
ME News reported that Zach Abrams, co-founder and CEO of Bridge, the stablecoin infrastructure company owned by Stripe, will leave Stripe and focus on operating Open Standard full-time. He said Bridge’s development is constrained by the economic models and incentive mechanisms of stablecoin issuers, and that Open Standard is dedicated to solving this issue. Foresight News previously reported that Stripe acquired Bridge for $1.1 billion in February 2025.
OpenAI Launches Advanced Account Security Features to Protect AI Accounts from Phishing Attacks
AIMPACT News, May 6 (UTC+8) — OpenAI launched the “Advanced Account Security” feature to protect ChatGPT and Codex users from phishing attacks. The feature provides high-risk users with an additional layer of verification and real-time monitoring to address growing cyber threats. As AI tools become increasingly integrated into work and daily life, account security has become more important. This update will enhance the security of the OpenAI platform.
Senator: Without ethics provisions, the Senate will not pass the crypto bill
Kirsten Gillibrand stressed at the Consensus conference that the crypto market structure bill must include ethics provisions or it cannot pass, and must prohibit lawmakers and senior government officials from profiting in the crypto industry by using their insider positions. Democrats have expressed concern about Trump and his family’s ties to crypto, with Bloomberg estimating that they have earned at least $1.4 billion through crypto investments. The bill was previously stalled over stablecoin issues. Although a compromise has now been reached, the ethics provisions have become an obstacle. She is pushing to include ethics, consumer protection, and anti-terrorist financing provisions, and is seeking passage before the August recess.
Glassnode: BTC Breaks Above Key Cost Basis Zone, $85,000 Becomes the Next Key Resistance Level
ME News, May 7 (UTC+8) — Glassnode’s latest report indicates that Bitcoin has broken above the Realized Market Mean ($78,200) and the Short-Term Holder Cost Basis ($79,100). If it can remain firmly above this range over the next week, the “deep value phase” since 2026 could become the shortest such phase in Bitcoin’s history. The next key resistance level is currently around $85,200.
On-chain data shows that the 30-day average net realized profit and loss has turned positive at 0.003% of market capitalization. Long-term holders’ realized profits have risen to $180 million per day, but remain significantly below the peak of more than $1 billion during this cycle.
However, realized market losses remain as high as $479 million per day, 140% above the stable range for this cycle. Glassnod
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Google DeepMind Partners with EVE Online to Explore the Frontiers of AI Research
AIMPACT News, May 6 (UTC+8) — On May 6, 2026, Google DeepMind announced a partnership with the developer of EVE Online, planning to use the game’s complex, player-driven virtual universe as an ideal safe sandbox for testing AI agents’ memory, continual learning, and long-term planning capabilities. The post did not disclose specific partnership details or technical plans. (Source: InFoQ)
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Y Combinator to Hold Crypto Startup Interviews in New York for the First Time, Focusing on Fintech and Cryptocurrency
ME News reported on May 6 (UTC+8) that Y Combinator will hold interviews in New York for cryptocurrency and fintech startups for the first time, aiming to increase its support for companies in these fields. Teams selected will participate in the Summer 2026 program and travel to San Francisco to receive Y Combinator’s standard $500,000 investment package. The funding can be received in the form of Circle’s USDC stablecoin. (Source: MLion)
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Nano Labs Ltd (NA) fell -10.82% intraday, with the current price at 2.06 USD
ME News, May 7 (UTC+8) — According to CoinFound’s crypto concept stock data, Nano Labs Ltd (NASDAQ : NA) is currently trading at $2.06, with an opening price of $2.31 today and an intraday decline of 10.82%. (Source: CoinFound)
Reform UK leader Farage says there was no need to declare a $6.7 million personal gift from a Tether billionaire
ME News reported that Reform UK leader Farage said he received a $6.7 million personal gift from Harborne, a Tether shareholder. He said it did not need to be declared and that he had sought legal advice on the matter. The gift was used for personal security and was made before he decided to run for office. Harborne also donated £12 million to Reform UK, £9 million of which was the largest single personal political donation in the UK. According to the Rycroft report, the government had halted cryptocurrency political donations over concerns about the movement of overseas funds; the donation was not made in cryptocurrency.
Federal Reserve Seeks Comments on Regulatory Framework for Stablecoin Issuance Under the GENIUS Act
The Federal Reserve is seeking public comment on two proposals under the GENIUS Act: First, stablecoin issuers would be required to maintain full reserves in high-quality liquid assets, such as short-term U.S. Treasury securities, and establish capital and risk management standards, while rules would govern reserve custody and the scope of bank regulatory licenses; second, a dedicated process would be established for issuance applications, requiring the submission of materials such as business plans and providing procedures for appeals, hearings, and determinations. The public comment period will close 60 days after the proposals are published in the Federal Register.
Federal Reserve Proposes Two Stablecoin Regulatory Rules, Clarifying Capital Reserve Requirements and Bank Issuance Procedures
The Federal Reserve has proposed two rules for stablecoin issuers under the GENIUS Act, initiating a 60-day public comment period. The first requires sufficient backing through capital, reserves, and highly liquid assets, while maintaining a sound foundation during periods of stress, and allows regulated banks to participate in stablecoin rewards and related activities. The second requires regulated banks issuing their own stablecoins to submit materials including a business plan, financial information, and relevant policies and procedures.
UK Investigates Mastercard, Visa and PayPal for Anticompetitive Conduct
The UK financial regulator is investigating Mastercard, Visa, and PayPal over alleged anticompetitive practices related to the movement and use of funds in PayPal digital wallets. No conclusion has yet been reached on whether competition law was violated. PayPal has disclosed the investigation and said it is cooperating with the FCA. The case remains ongoing.
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Analysis shows that $920 million in abnormal short positions appeared in the oil market 70 minutes before a report was released saying that the U.S. and Iran were close to reaching a consensus.
ME News reported that on May 7 (UTC+8), approximately 70 minutes before reports emerged that the United States and Iran were close to reaching an agreement on a “14-point” deal to end the war, crude oil short positions worth approximately $920 million were established. At 3:40 a.m. Eastern Time today (3:40 p.m. Beijing Time), the market established nearly 10,000 crude oil short contracts without any major news. Based on notional value, the transaction was worth approximately $920 million, an exceptionally large trade for the 3:40 a.m. time period. Seventy minutes later, at 4:50 a.m. Eastern Time (4:40 p.m. Beijing Time), Axios reported that the United States was “close” to reaching a “memorandum of understanding” to end the war with Iran. By 7:00 a.m. Eastern Time (7:00 p.m. Beijing Time), oil prices had fallen by more than 12%, and the aforementioned crude oil