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Founders Fund’s fourth growth-stage investment fund completes $6 billion fundraising, its largest ever
ME News reported that on May 3 (UTC+8), Peter Thiel’s Founders Fund announced that its fourth growth-stage investment fund, Founders Fund Growth IV, had successfully raised $6 billion. The funds will be used to support late-stage companies, marking the largest fundraising in the institution’s history. Of the total, $4.5 billion came from limited partners, such as sovereign wealth funds, while the remaining $1.5 billion was provided by Founders Fund’s senior management and employees, including founder Peter Thiel
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Argentina Plans to Improve RWA Tokenization Regulations and Expand the Scope of Applicable Financial Instruments
ME News, May 3 (UTC+8) — Argentina’s National Securities Commission (CNV) proposed Draft General Resolution No. 1137, suggesting improvements to its regulations on RWA tokenization and expanding their scope to allow more types of financial instruments to operate using distributed ledger technology in the country. Before this announcement, the existing legal framework only allowed specific financial instruments to be digitally represented. The current resolution removes this restriction, allowing any closed-end mutual fund with authorization for an automatic public offering to migrate to a digital asset format. In addition, the resolution extends the regulatory sandbox period to December 31, 2027. This controlled experimental environment is crucial for fintech companies, as it allows them to test new business models related to digital currencies and Bitcoin technology without being fully constrained by traditional regulatory frameworks, thereby enabling regulators to, in num
RWA-0.38%
BTC-1.54%
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BlackRock submits a comment letter to the U.S. Office of the Comptroller of the Currency, urging it to abandon the idea of imposing a quantitative cap on tokenized reserves.
ME News, May 3 (UTC+8), ME News, May 3 (UTC+8), BlackRock submitted a comment letter to the U.S. Office of the Comptroller of the Currency (OCC), opposing several reserve asset restrictions proposed by the agency in the draft implementing rules for the GENIUS Act. BlackRock urged the OCC not to impose quantitative caps on tokenized reserve assets; the agency had proposed a possible cap of 20%. BlackRock said such a restriction was “unrelated” to the OCC’s objectives, arguing that the risk profile depends on credit quality, duration, and liquidity, “rather than on whether the assets are held or transferred on a distributed ledger.” BlackRock also urged the OCC to explicitly confirm whether ETFs that invest solely in eligible reserve assets, such as Treasury ETFs, qualify as reserves under Section 4 of the GENIUS Act.
BLK-2.31%
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TRM Labs Awarded $95 Million No-Bid Crypto Tracing Contract by U.S. Department of Homeland Security, Sued by Chainalysis
The U.S. Department of Homeland Security signed a one-year, $95 million no-bid contract with TRM Labs to provide cryptocurrency tracing software and data analysis personnel, assisting the White House in combating crypto scams and cybercrime targeting Americans. Competitor Chainalysis filed a lawsuit over the deal, alleging that the bidding process was arbitrary. The U.S. government said TRM was the only vendor capable of providing the complete technical, data, and operational support required.
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Buffett: The current investment environment is not ideal; the real time to buy is “when no one else answers the phone”
ME News, May 3 (UTC+8), Buffett candidly said in an interview that the current investment environment is not ideal, and high market prices are one of the main reasons he is staying on the sidelines. He also acknowledged that as he grows older, the proportion of industries he can deeply understand is smaller than it was 10 years ago------he no longer expects to have an advantage in fields mastered by young people who have grown up alongside new technologies. Nevertheless, he emphasized that Berkshire is capable of making quick decisions and can take on deals of any size; it is simply waiting for the right opportunity. Buffett said the most likely time to buy is when everyone else stops answering the phone. Over his 60-year career, there may have been only five truly “juicy” years. He recalled the real Wall Street ecosystem during market crashes: everyone boasted about their excellent trading departments. But when the market crashed, trying again was...
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CryptoQuant Head of Research: Perpetual futures contracts are the sole driver of Bitcoin’s price rise in April
ME News reported on May 3 (UTC+8) that CryptoQuant Head of Research Julio Moreno stated in a report that Bitcoin’s price increase in April mainly relied on demand for perpetual futures contracts rather than growth in spot market demand. In his view, this phenomenon typically occurs during bear markets and is difficult to sustain over the long term. Moreno emphasized that increased futures demand and reduced spot demand are a clear signal in on-chain metrics, indicating that this rally is more speculative, with leverage serving as the main driver of the price increase rather than an inflow of new capital. He warned that historically, this type of demand structure is unlikely to support a sustained rise, and prices typically pull back if futures positions are unwound. CryptoQuant added that the current demand pattern resembles the situation at the beginning of the 2022 bear market and carries significant downside risk. (Source: MLion)
BTC-1.48%
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B.AI boosts subsidies: recharge 1:1 and receive an equal bonus, easily unlocking Justin Sun’s brain
ME News, May 3 (UTC+8) — According to official news, B.AI launched a major upgrade to its top-up benefits campaign on May 3, introducing a limited-time 1:1 top-up matching mechanism. Users receive an equal amount of credits with every top-up, enabling ultra-low-cost access equivalent to a 50% discount on cutting-edge large models and Web3 trading skill packages, including GPT-5.5, Claude Opus 4.7, and “Sun Ge’s Brain.” This campaign completely removes the first-top-up restriction: every top-up automatically receives an equal bonus, with each user eligible to receive up to $100 in free credits; the platform releases a $10,000 daily points subsidy pool on a limited basis across the network, resetting every day on a first-come, first-served basis. Starting today, visit http://b.ai to unlock top-tier computing power at the lowest cost and unleash the unlimited potential of AI Agents and the on-chain ecosystem. (Source: Tron
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Bitcoin August Price Outlook Analysis “Will Bitcoin Fall to $77,500 in August?” Forecast Probability Sharply Lowered
ME News, September 2 (UTC+8) — Prediction market data shows that in the “What price will Bitcoin reach in August?” event, the trading probability of the “Yes” option for “Will Bitcoin fall to $77,500 in August?” dropped from 43.0% to 0.9%, a single-day decrease of 42.1 percentage points.
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Suspicious Password Reset Emails Sent to Thousands of X Users, Multiple Crypto Industry Accounts Receive Requests
Thousands of X users received password reset emails they did not request, including numerous cryptocurrency industry accounts and media professionals. Some users received multiple emails within a few hours. Crypto analyst Nic Carter said that a large number of users were experiencing password reset requests on X and recommended enabling the “Password Reset Protect” feature. cap.eth noted that reset attempts were still occurring even when two-factor authentication was enabled. There is currently no conclusive evidence that the system was breached or that accounts were taken over on a large scale. X has not yet responded, and industry participants recommend that users check their security settings and enable the protection feature.
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NVIDIA’s venture arm NVentures participated in Legora’s Series D extension funding round for its AI platform for lawyers
AIMPACT News, May 3 (UTC+8) — Nvidia has added another piece to its artificial intelligence portfolio, with its corporate venture capital arm NVentures investing in Legora, reportedly its first investment in the legal AI sector. Legora is a Swedish-founded legal technology startup that uses AI to help lawyers improve their efficiency and competes with U.S. company Harvey. With Atlassian and other new investors participating, NVentures joined Legora’s shareholder structure in its $50 million Series D extension round. This financing came just one month after the company completed its $550 million Series D round last month. During this period, Legora, which had previously been selected for Y
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Predict Developer Dashboard is now live, supporting app creation, key generation, and usage and rate limit management.
predict.fun has launched the Predict Developer Dashboard, enabling users to create applications, generate keys, and manage usage and rate limits themselves. Users can manually request higher usage tiers, import existing keys, and use the new “Trading Bursts” limit, which limits the number of order creation/cancellation calls per second. It is enabled by default for new applications and will take effect for existing applications the next time they request rate limits.
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Founders Fund’s fourth growth-stage investment fund completed a $6 billion fundraising round, its largest ever.
ME News, May 3 (UTC+8) — Peter Thiel’s Founders Fund announced that its fourth growth-stage investment fund, Founders Fund Growth IV, has successfully raised $6 billion. The funds will be used to support late-stage companies, marking the largest fundraising round in the institution’s history. Of the total, $4.5 billion came from limited partners, such as sovereign wealth funds, while the remaining $1.5 billion was contributed by Founders Fund’s senior executives and employees, including founder Peter Thiel.
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Argentina Plans to Improve RWA Tokenization Regulations and Expand the Scope of Applicable Financial Instruments
ME News reports that on May 3 (UTC+8), Argentina’s National Securities Commission (CNV) proposed Draft General Resolution No. 1137, suggesting improvements to its regulations on RWA tokenization and expanding their scope to allow more types of financial instruments to operate using distributed ledger technology in the country. Before this announcement, the existing legal framework only allowed the digital representation of specific financial instruments. The current resolution removes this restriction, allowing any closed-end mutual fund authorized for an automatic public offering to migrate to a digital asset format. In addition, the resolution extends the regulatory sandbox period to December 31, 2027. This controlled experimental space is crucial for fintech companies, allowing them to test new business models related to digital currencies and Bitcoin technology without being fully constrained by traditional regulatory frameworks, thereby enabling regulators to…
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Securitize’s HINC Goes Live on Loopscale, Enabling Qualified Investors to Pledge Shares and Borrow USDG
ME News, September 1 (UTC+8): Qualified investors can pledge HINC units to borrow USDG without redeeming their holdings. HINC holds high-yield corporate bonds and CLO tranche assets, with Neuberger Berman serving as sub-adviser; the minimum subscription threshold is $100k. Loopscale previously supported ACRED and SECZ as collateral. HINC’s NAV is updated daily and recorded on-chain by RedStone, based on which Loopscale prices assets and triggers liquidations. Loopscale currently has $91.3 million in total value locked, with active loans totaling 5,590.
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10x Research Founder: BTC holds above short- and medium-term moving averages, while dominance above 60% signals bullishness
ME News, May 3 (UTC+8) — 10x Research founder Markus Thielen posted on X that Bitcoin is currently above its 7-day and 30-day moving averages, with both short- and medium-term trends remaining bullish. It has gained 1.1% over the past week, while continued institutional buying and news that large corporate treasuries are continuing to increase their Bitcoin holdings have further boosted market confidence. However, influenced by the historical pattern of “selling on positive news,” the market subsequently entered a brief consolidation. Markus Thielen analyzed that, with Bitcoin dominance remaining above 60%, some altcoins are quietly forming bottoms amid fundamental catalysts, particularly privacy coins and
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21 international financial institutions will jointly establish a stablecoin company and plan to launch a U.S. dollar stablecoin in the first half of 2027
21 international financial institutions plan to establish a new company in the second half of 2026 to issue stablecoins, initially denominated in U.S. dollars, with plans to expand to more G7 currencies in the future, prioritizing the euro. Participants include Bank of America, Citigroup, Goldman Sachs, Morgan Stanley, Deutsche Bank, UBS, Wells Fargo, BBVA, Santander, MUFG, and others. The stablecoins will target the wholesale, institutional, and retail markets for cross-border payments and digital asset settlement, with the aim of complying with the GENIUS Act and MiCA and launching in the first half of 2027.
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US stocks suffer a “bad start” in September: oil prices and Treasury yields rise together, pressuring high-risk assets
ME News, September 1 (UTC+8) — On the first trading day of September, the three major U.S. stock indexes collectively opened lower, with the Dow Jones Industrial Average down 0.64%, the S&P 500 down 0.71%, the Nasdaq down 1.31%, and the Philadelphia Semiconductor Index falling more than 3% at one point. Intel and Qualcomm fell nearly 3%, AMD and Meta dropped more than 2%, while Tesla, Alibaba, and NVIDIA declined nearly 2%. The core factor weighing on the market was the simultaneous rise in oil prices and global bond yields. Brent crude broke above $92 per barrel intraday, as the market worried that tensions in the Middle East and disruptions to shipping through the Strait of Hormuz would push up energy prices and inflation, further strengthening expectations of Federal Reserve rate hikes. Currently, CME's "FedWatch" shows that the probability of a 25-basis-point rate hike in September to 3.75%-4.00% has risen to 66%. Bank of America technical strategist Paul
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Buffett: The current investment environment is not ideal; the real time to buy is “when nobody else is answering the phone”
ME News, May 3 (UTC+8) — Buffett candidly admitted in an interview that the current investment environment is not ideal, with high market prices being one of the main reasons he is staying on the sidelines. He also acknowledged that as he grows older, the proportion of industries he can deeply understand is no longer as large as it was 10 years ago——when it comes to fields mastered by young people who have grown up with new technologies, he no longer expects to have an advantage. Despite this, he stressed that Berkshire has the ability to make quick decisions and can take on deals of any size; it is simply waiting for the right opportunity. Buffett said the most likely time to buy is when everyone else is refusing to answer the phone. Over his 60-year career, there may have been only five truly “lucrative” years. He recalled the real Wall Street ecosystem during market crashes: everyone bragged about their excellent trading departments. But when the market crashed, to try again…
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BlackRock submits a comment letter to the Office of the Comptroller of the Currency, urging it to abandon the idea of imposing a quantitative cap on tokenized reserves.
ME News, May 3 (UTC+8), ME News, May 3 (UTC+8), BlackRock submitted a comment letter to the U.S. Office of the Comptroller of the Currency (OCC), opposing several reserve asset restrictions proposed by the agency in its draft implementing rules for the GENIUS Act. BlackRock urged the OCC not to impose quantitative caps on tokenized reserve assets, as the agency had proposed a possible cap of 20%. BlackRock said such a restriction was “unrelated” to the OCC’s objectives, arguing that the risk profile depends on credit quality, duration, and liquidity, “rather than on whether the assets are held or transferred on a distributed ledger.” BlackRock also urged the OCC to explicitly confirm whether ETFs that invest solely in eligible reserve assets, such as Treasury ETFs, qualify as reserves under Section 4 of the GENIUS Act
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U.S. Job Openings Edge Up in July, Overall Labor Demand Remains Stable
U.S. job openings rose to 7.27 million in July, above the revised 7.18 million and the forecast of 7.31 million. The market remains characterized by low hiring and low layoffs, with employers cautious about expanding their workforces amid geopolitical and inflationary pressures but reluctant to lay off workers. The increase in openings was mainly driven by manufacturing, state and local government (excluding education), health care, and social assistance; layoffs fell to a new low for the year, while the quits rate declined to 1.9%.
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