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.

CME Group plans to launch cash-settled 30-day Bitcoin volatility futures on June 1, subject to regulatory approval. Trading under the ticker BVI, the contract size is $500 multiplied by the BVX value, with settlement based on BVX. The product allows traders to directly trade or hedge BTC volatility without taking a directional position on its price. BVX is based on the 30-day implied volatility of CFTC-regulated Bitcoin and Micro Bitcoin options.

State Street’s head of digital assets said at Consensus Miami that DeFi attacks have been occurring frequently recently, and institutions want to improve blockchain security. Solutions must be found before tens of trillions of dollars in real-world assets are brought on-chain. He emphasized that interoperability needs to be clearly defined, and institutions need to understand the legal ownership and rights associated with cross-chain tokens. Morpho’s head said April may be the month with the most attacks in DeFi history, while regulators are strengthening their due diligence on the security of collateral assets.

On May 6 during the May Day holiday period, global assets diverged: Stock markets rose across the board, with the Nasdaq Composite up 2.65%, the S&P 500 up 1.73%, and the Dow up 0.89%; nonferrous metals and commodities generally strengthened, with aluminum up 3.16%, nickel up 1.97%, zinc up 1.50%, and copper up 0.65%; U.S. cotton, U.S. sugar, and U.S. soybean oil rose, while energy prices retreated, with U.S. crude oil down 5.22%, Brent crude down 1.91%, and U.S. fuel oil down 2.75%; the U.S. Dollar Index and offshore renminbi weakened.

ME News, May 6 (UTC+8), ME News, May 6 (UTC+8), after suffering an approximately $292 million bridging attack last month, Kelp DAO decided to abandon LayerZero and switch to Chainlink’s cross-chain infrastructure. Kelp DAO will use Chainlink’s Cross-Chain Interoperability Protocol, which requires 16 independent node operators to verify cross-chain transactions, making it the first major protocol to leave LayerZero following the attack. During the attack, the LayerZero-powered OFT bridge used a 1-of-1 single-validator configuration, and 47% of LayerZero applications were using the same configuration at the time. LayerZero subsequently announced that it would discontinue the single-signer validator configuration. K

AIMPACT reported that LumaLabsAI announced the launch of the Uni-1.1 API on Twitter on May 6, 2026, claiming to enable reasoning through briefs rather than tokens, with initial outputs ready for production without middleware or prompt engineering. It supports vertical applications such as fashion tools, architectural rendering, and comic pipelines, and claims to deliver cinematic quality, but has not disclosed specific technical details, performance metrics, or usage limitations. Source: InFoQ

According to Token Terminal data, the total market value of tokenized U.S. Treasuries deployed on Ethereum is approximately $8 billion, reaching an all-time high and growing by about 100% over the past six months. The increase mainly came from Securitize’s BUIDL, Centrifuge’s JTRSY, Franklin Templeton’s iBENJI, WisdomTree’s WTGXX, Ondo Finance’s USDY, and Superstate’s USTB.

Strategy CEO Phong Le stated that the goal is not simply to hold Bitcoin, but to become “the JPMorgan of the Bitcoin sector” by covering a digital asset economy that could reach 8 billion people through products, markets, and liquidity services. Its $15 billion digital credit ecosystem is based on STRC DeFi yields and tokenized products, with buybacks prioritized over increasing the STRC dividend and a review of periods of stress. The BTC strategy emphasizes long-term accumulation and flexibility, viewing Bitcoin as a cash-like asset; it firmly opposes exclusion from the MSCI index, and AI tools have already been integrated into Strategy’s software and Bitcoin business.

Wall Street banks forecast that the U.S. will issue approximately $1 trillion in short-term Treasuries over the next year to meet financing needs, with new borrowing of about $1.07 trillion, $1.09 trillion, and $961 billion in fiscal year 2027. Short-term debt could account for 24%, approaching pandemic highs. Analysts say this could lower costs but increase refinancing risks. The Federal Reserve is buying large amounts of short-term debt, with money market funds supporting demand.

ME NewsMay 6, Odaily Seer monitoring detected that an account with a win probability exceeding 55% on Polymarket’s prediction market for Game 1 of the NBA Western Conference semifinals between the Thunder and Lakers (address 0xc8075693f48668a264b9fa313b47f52712fcc12b) bought the under 214.5 total-points outcome for $160,000, with an average opening price of 52.2 cents. Game 1 tips off at 8:30 a.m. Beijing time tomorrow. The Lakers are 0-4 against the Thunder this season, losing by an average of 29 points per game; it is rumored that Lakers star Luka Dončić will miss tomorrow’s game. Odaily Seer will continue to monitor market movements.

According to BlockBeats, Meta is developing highly personalized AI assistants and agentic tools for more than 3 billion users, including advanced digital assistants powered by the new Muse Spark AI model, which are currently in internal testing. The goal is to launch a product similar to OpenClaw that allows users to create AI bots called “agents” to autonomously complete tasks on their behalf, while sharing sensitive information such as health and financial data with the assistants under controlled conditions.

ME News reported on May 6 (UTC+8) that French chipmaker Sequans Communications sold 1,025 bitcoins in the first quarter of 2026. Its bitcoin holdings fell from 2,139 at the end of 2025 to 1,114 at the end of April, a reduction of nearly half. The company reported a net loss of $54.3 million in the first quarter, while its operating loss widened from $7.3 million in the same period last year to $50.5 million. (Source: BlockBeats)

Minneapolis Fed President Kashkari said inflation remains too high, with pressure having extended beyond the oil price shock to multiple areas of the economy, and signs of inflation also emerging in the services sector. The Federal Reserve must use its tools to bring inflation back to target. He previously voted against a rate hike in July and warned that delays could entrench inflation. Although the U.S. economy has been affected by geopolitical conflicts and trade issues, it remains resilient, with a robust labor market. He hopes that once the effects of the conflicts fade, growth will take over as a driver, inflation will cool more rapidly, and policy pressures will ease.

ME News On September 21 (UTC+8), Jeffrey Huang reduced his long positions in ETH and BTC and increased his long position in HYPE, bringing his total positions down to $95.16 million. His ETH long position was worth $67.75 million, with an unrealized profit of $1.81 million and an entry price of $2,526.46; his BTC long position was worth $15.02 million, with an unrealized loss of $30,000 and an entry price of $80,923.4; and his HYPE long position was worth $12.44 million, with an unrealized loss of $160,000 and an entry price of $92.64. Source: ChainCatcher.

ME News, September 20 (UTC+8) — Federal Reserve President Kashkari: The Federal Reserve’s task is to bring inflation back down to the 2% target. Inflation is still too high and is not solely attributable to oil prices. We hope to receive support from other government departments and the real economy. Investment demand is very strong, which often pushes interest rates higher. (Source: PANews)

ME News, May 6 (UTC+8), according to SoSoValue data, yesterday (May 5 Eastern Time), the total net inflow into XRP spot ETFs was $11.2766 million.

The XRP spot ETF with the largest net inflow yesterday was the Canary XRP ETF (XRPC), with a single-day net inflow of $7.4987 million, bringing its cumulative net inflow to $432 million.
Next was the Bitwise XRP ETF (XRP), with a single-day net inflow of $2.6822 million, bringing its cumulative net inflow to $427 million.

As of press time, the total net asset value of XRP spot ETFs was $1.089 billion, and the XRP net asset ratio was 1.24%,

ME News, September 20 (UTC+8) — Cynthia Lummis stated that Democrats had previously called for crypto projects that raised more than $25 million from the public to provide audited financial statements. This requirement was included in the CLARITY Act, but Democrats ultimately voted against advancing the bill. Previously, the Senate held a procedural vote on advancing the CLARITY Act on September 15, but it failed to pass. (Source: ODAILY)

Ekubo stated on X that its EVM-chain swap routing contract experienced a security incident. Liquidity providers and Starknet were not affected. The team is investigating and recommends immediately revoking approvals for the affected addresses, involving Ethereum V2/V3 and Arbitrum V3 contracts. A postmortem report will be issued, and users should beware of phishing links related to the vulnerability.

ME News reported that Kelp DAO abandoned LayerZero and switched to Chainlink’s CCIP cross-chain infrastructure after suffering an approximately $292 million bridge attack last month. CCIP requires 16 independent nodes to validate cross-chain transactions, making it the first major protocol to leave LayerZero. The OFT bridge used a 1-of-1 validator configuration in the attack, and 47% of LayerZero applications were also using the same configuration at the time. LayerZero subsequently discontinued this configuration. Kelp DAO said the migration can directly resolve the architectural vulnerability, and rsETH will also adopt a cross-chain token standard. As part of the DeFi United rescue operation, LayerZero donated and lent approximately 10,000 ETH to Aave.

ME News reported on May 6 that Australian rapper Iggy Azalea is facing a class-action lawsuit over the Solana meme coin MOTHER, alleging that she exaggerated the token’s utility and business integrations. The complaint claims that Azalea said MOTHER would be used across the Motherland casino, Unreal Mobile mobile service, and DreamVault marketplace ecosystems, but that the relevant integrations were either never implemented or did not operate as promised. MOTHER has fallen more than 99% from its peak of approximately $0.23. The plaintiffs are seeking compensation for affected investors, including statutory damages and potential treble damages. The lawsuit was filed by Burwick Law, which previously also filed a lawsuit over Hailey Welch’s meme coin project. Source: ChainCatcher

CME Group plans to launch cash-settled 30-day Bitcoin volatility futures on June 1, pending regulatory approval. The contract will trade under the symbol BVI and have a contract size of $500 multiplied by the BVX value, with settlement based on BVX. The product will allow traders to directly trade or hedge BTC volatility without taking a directional position on the price of Bitcoin. BVX is based on the 30-day implied volatility of Bitcoin and Micro Bitcoin options regulated by the CFTC.