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.

Canadian company Tetra Trust has launched CADD, a stablecoin pegged 1:1 to the Canadian dollar. It was approved by Alberta’s Treasury Board and Finance and supported by institutions including Shopify and National Bank of Canada. CADD is described as Canada’s first Canadian-dollar stablecoin issued by a regulated financial institution, with its reserves held in trust under Canada’s legal framework for redemption. The token has been deployed on Base, Ethereum, and Tempo, with plans to support Solana in the future.

ME News reported on May 4 (UTC+8) that Telegram founder Pavel Durov stated that transaction fees on the TON network have fallen by approximately sixfold, approaching zero. Next, Telegram will replace the TON Foundation as TON’s primary driver and become its largest validator, with the development focus shifting to technical performance. In addition, TON plans to launch a new official website, development tools, and performance upgrades within the next 2–3 weeks. (Source: MLion)

ME News, May 4 (UTC+8), according to CoinFound’s crypto concept stock data, Nano Labs Ltd (NASDAQ : NA) is currently trading at $2.05 per share, with today’s opening price at $1.86 and an intraday gain of 10.02%. (Source: CoinFound)

Williams said that supply chain disruptions caused by the Iran war are similar to post-pandemic problems, but the labor market has not fueled inflation, core inflation remains resilient, and the pass-through from tariffs has not materialized. He said the Federal Reserve has achieved a balance between price stability and maximum employment, despite rising uncertainty. The Fed kept interest rates unchanged last week, and three officials said rates could either rise or fall in the future; Williams did not comment. GDP is expected to grow by 2%-2.25% from this year through next year, with the unemployment rate remaining in the 4.25%-4.5% range.

ME News reported that on May 5 (UTC+8), Strive CEO Matt Cole posted on X that the company had increased its holdings by 444 Bitcoin for approximately $33.9 million, at an average purchase price of approximately $76,307 per Bitcoin. Its total Bitcoin holdings reached 15,000 BTC. Bitcoin’s quarterly return is currently 4.3%, while its year-to-date return has reached 18.7%. (Source: PANews)

In May 2026, Shopify released official skills for the Nous Research open-source AI agent framework, enabling Hermes Agent to autonomously manage Shopify stores, covering end-to-end e-commerce operations including product management, order processing, inventory management, and order fulfillment.

ME News, May 4 (UTC+8) — Telegram founder Pavel Durov stated that fees on the TON network have decreased by approximately sixfold, approaching zero. Next, Telegram will replace the TON Foundation as TON’s primary driver and become its largest validator, with the development focus shifting to technical performance. In addition, TON plans to launch a new official website, development tools, and performance upgrades within the next 2–3 weeks. (Source: MLion)

ME News reports that former Alameda Research CEO Caroline Ellison has joined the nonprofit organization Manifund, where she is responsible for donation platform development and philanthropic work. She began on a trial basis in July and became a permanent employee in August, publishing her work under the pseudonym “Carol.” Ellison pleaded guilty to fraud and conspiracy related to the collapse of FTX and cooperated with prosecutors in testifying against Sam Bankman-Fried, who was sentenced to 25 years. She began serving her two-year sentence in November 2024 and was released in January 2026 for cooperating with the investigation. Manifund focuses on AI safety and effective altruism.

According to AIMPACT, although Cursor has accepted SpaceX’s conditional $60 billion acquisition offer, it currently has no plans to jointly develop a coding model with xAI. Instead, it is focusing on optimizing its self-developed Composer model, which is partially powered by China’s AI model Kimi. The market had previously expected a deep collaboration with xAI after the deal was completed, but Cursor will maintain an independent technology path in the short term.

With approval from France’s AMF, Circle France has been authorized to provide crypto-asset services under the MiCA framework, including custody and transfers for USDC and EURC across the EEA and making these services available to customers. This marks a further expansion of Circle’s compliant payments and stablecoin infrastructure in the EU and reflects its commitment to building a trusted digital financial system in Europe.

According to AIMPACT, on May 4 (UTC+8), researchers improved and adapted an AI-generated proof method derived from GPT-5.4 Pro and used it to solve Erdős Problem 1196. By generalizing this framework, the joint team also proved a six-decade-old conjecture proposed by Erdős, Sárközy, and Szemerédi. WesRoth announced the achievement and the generalized application of the method on Twitter but did not disclose specific technical details. (Source: InFoQ)

Gartner noted in the webinar that AI applications should shift from technology-driven to value-driven. Organizations should first identify pain points, score use cases based on business impact and feasibility, and prioritize quick wins such as intelligent chatbots and self-service. More complex use cases, such as predictive customer churn intervention, should be implemented in phases, with an emphasis on AI governance. A case study showed that an AI agent knowledge recommendation system reduced average handling time by 30% and improved first-contact resolution. The webinar also provided an AI use case evaluation matrix (Source: InfoQ).

ME News, May 4 (UTC+8) — Former New York Fed President Dudley said that Powell’s decision to remain a Federal Reserve governor after stepping down as Fed chair would help reassure Wall Street and the public as President Trump pressures the Fed to lower interest rates. “The Fed has been under relentless attack from the president, and its independence has also been called into question,” Dudley said. “Powell believes that his continued presence at the Fed would actually strengthen perceptions of the Fed’s independence. I think that, if he is willing, remaining in office would be a wise move.” Powell’s term as a Fed governor ends in 2028. His decision to remain on the Board after stepping down as chair on May 15 is uncommon in the Fed’s history. Warsh, Trump’s nominee, has made the case for supporting the rate cuts sought by the president. But traders are no longer betting on any rate cuts this year, and Dudley also said that the case for monetary easing is “very thin

ME News reported on May 5 (UTC+8) that Canadian digital technology and financial services provider Tetra Trust launched CADD, a stablecoin pegged 1:1 to the Canadian dollar, and received approval from Alberta Treasury Board and Finance. The project is backed by institutions including Shopify and National Bank of Canada. Tetra said CADD is the first Canadian dollar stablecoin issued by a regulated financial institution in Canada, with its reserve assets held in trust under the Canadian legal framework and used for redemption. The token has been deployed on Base, Ethereum, and Tempo, with plans to support further networks in the future.

U.S. Treasury Secretary Bessent said that Iran does not control the Strait of Hormuz and that the United States has full control. The global oil shortfall caused by the conflict is approximately 8 million–10 million barrels per day; each crude oil tanker passing through the Strait of Hormuz carries about 2 million barrels. If 4–5 tankers depart each day, 150–200 vessels capable of sailing could make up the shortfall, and market supplies should be sufficient. He also said that Iran’s economy is rapidly deteriorating and that soldiers are finding it difficult to endure unpaid wages.

ME News, May 5 (UTC+8) — Strive CEO Matt Cole posted on X, disclosing the purchase of 444 Bitcoin for approximately $33.9 million, at an average price of approximately $76,307 per Bitcoin. The company’s total Bitcoin holdings have reached 15,000 BTC. Bitcoin’s quarterly return currently stands at 4.3%, while its year-to-date return has reached 18.7%. (Source: PANews)

Gartner noted in a webinar that AI applications should shift from technology-driven to value-driven. Organizations should first identify pain points, score use cases based on business impact and feasibility, and prioritize quick-win projects such as intelligent chatbots and self-service. Complex use cases, such as predictive customer churn intervention, should be implemented in phases, with a strong emphasis on AI governance. Case studies show that AI agent knowledge recommendation systems can reduce average handling time by 30% and improve first-contact resolution rates. The webinar also provided an AI use-case evaluation matrix (Source: InFoQ).

ME News, May 5 (UTC+8), Federal Reserve's Williams said that tariffs and energy are the main drivers of inflation, while underlying inflation has remained generally stable. He noted that inflation expectations remain anchored, which is a positive sign. (Source: ChainCatcher)

AIMPACT message, May 4 (UTC+8): Hugging Face published a comparative experiment evaluating the performance of an open-weight coding agent (Pi + Moonshot AI Kimi K2.6) and Claude Code + Opus 4.7 in training a domain-specific model. The task was to classify the Jim Crow era in North Carolina’s session laws from 1866 to 1967. The experiment used the same one-line prompt, took approximately 13 minutes end to end, and the results were pushed to Hugging.