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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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NAS100+0.48%
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Yuga Labs Team Member Quit Conducts White-Hat Rescue to Secure Affected NFT Assets
ME News reported on September 25 that Yuga Labs team member Quit is conducting a white-hat rescue after discovering a vulnerability. The relevant assets are safe, and the assets from address 0x71cF…e33 will be returned once the risk is resolved. Quit clarified that this was a white-hat operation. Previously, Magic Eden was suspected of being hacked, and white-hat hackers transferred 3832 NFTs from hundreds of wallets.
ME+4.99%
Magic Eden Suspected of Security Vulnerability as White-Hat Hackers Transfer 3,832 NFTs from Hundreds of Wallets
ME News reported that on September 25 (UTC+8), the NFT marketplace Magic Eden was suspected of having an NFT security vulnerability, with white hat hackers transferring 3,832 NFTs from hundreds of wallets. Quit, Yuga Labs’ vice president of blockchain, said that the transfer was part of a white hat operation, and the related NFTs
ME+4.99%
Reform UK Leader Farage Says He Did Not Need to Declare a $6.7 Million Personal Gift from a Tether Billionaire
ME News reports that Reform UK leader Nigel Farage received a $6.7 million personal gift from Harborne, a Tether shareholder. Farage said it did not need to be declared and that the legal issues had been reviewed. 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, including £9 million, the largest single individual political donation in the UK. The government reportedly halted cryptocurrency political donations based on the Rycroft report over concerns about the flow of foreign funds; the donation was not made in cryptocurrency.
Nano Labs Ltd (NA) fell 10.82% intraday, currently priced 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 per share. It opened today at $2.31, down 10.82% intraday. (Source: CoinFound)
Saturn plans to conduct its TGE in Q4, with a maximum allocation of 5% of the supply for Season 2.
The Saturn Foundation has announced that the STRN token generation event (TGE) is scheduled for Q4 2026, with up to 5% of the total supply reserved for distribution in Season 2. If the TGE occurs before December 8, 2026, Season 2 will end early and the snapshot will be completed. The undistributed portion will be reduced in proportion to the actual duration and returned to the Saturn ecosystem for future seasons. Season 3 will begin immediately after the snapshot is completed. Eligible positions can continue earning Season 2 points until the snapshot, and users do not need to take any action. Detailed tokenomics, distribution, and claim arrangements will be disclosed in a later announcement.
ZachXBT: Delayed compensation after helping users recover stolen funds this month; has not received agreed payment three times since June
ME News reported on September 25 (UTC+8) that on-chain investigator ZachXBT posted on X that this month he helped a user recover approximately $275,000 stolen by an Indian phone scam ring, but the other party has been unreachable for about four weeks while remaining active on X. He also said that since June 2026, three people have failed to pay the agreed-upon fees after he provided assistance, totaling approximately $100,000, making him unwilling to respond to unsolicited direct messages and willing to handle only cases referred by trusted mutual friends. (Source: Foresight News)
Cumulative losses reached $1.2535 million as whale Loracle closed a 20x leveraged long position in gold
ME News reported on September 25 that Loracle still holds short positions in altcoins (ENA, NEAR, CASHCAT) and U.S. stocks (SanDisk, Nvidia, Micron), with positions worth approximately $79.385 million, an unrealized loss of $6.765 million, and an ROI of approximately -45%. Another address holds a 3x-leveraged short position in HYPE, consisting of 104699.13 HYPE, with a position worth approximately $9.669 million, an unrealized loss of $2.895 million, and an ROI of approximately -89%. (ODAILY)
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XAU+0.21%
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“Norway vs. Denmark” Draw Probability Drops Significantly
ME News, September 25 (UTC+8) — Prediction market data shows that in the “Will Norway vs. Denmark end in a draw?” prediction, the probability of the “Yes” option fell from 23.5% to 0.1%, a single-day decline of 23.4 percentage points.
Glassnode: BTC Breaks Through a Key Cost Basis Zone, With $85,000 as the Next Key Resistance Level
Glassnode指出,比特币已突破78k/79k美元区间,若未来一周稳住,或成自2026年以来最短的深度价值阶段,85.2k美元为关键阻力。30日净已实现盈亏转正,长期持有者利润日约1.8亿美元,但仍低于峰值;亏损约4.79亿美元,需降至2亿美元以下以显现需求回暖。ETF净流入回暖,空头压力仍存,82k美元附近约有20亿美元Short Gamma,若无现货买盘支撑,85k易受抛压。
BTC-0.26%
Ondo Finance Completes First Cross-Border, Cross-Bank Exchange of Tokenized U.S. Treasuries with JPMorgan Chase, Mastercard, and Ripple
ME News, May 7 (UTC+8) — According to an official blog post from Ondo Finance, Ondo Finance (Ondo), together with Kinexys by J.P. Morgan, Mastercard, and Ripple, completed the first near-real-time cross-border, cross-bank exchange of a tokenized U.S. Treasury fund.
In this pilot project, Ripple exchanged the Ondo Short-Term U.S. Government Bond Fund (OUSG) it held on the XRP Ledger. After processing the exchange, Ondo sent a fiat payment instruction through the Mastercard Multi-Token Network, with settlement executed by the blockchain infrastructure of Kinexys by J.P. Morgan and through its correspondent banking network.
ONDO+32.05%
JPM+0.13%
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XRP+2.49%
Institute of International Finance Report: Global Debt Rises to a Record High of Nearly $353 Trillion
ME News, May 7 (UTC+8) — The Global Debt Monitor report released today by the Institute of International Finance (IIF) shows that global debt increased by more than $4.4 trillion in the first quarter, rising to a record high of nearly $353 trillion, while the debt-to-GDP ratio remained at approximately 305%, broadly stable overall. (Source: PANews)
“Will the United States launch a strike against Iran before February 22, 2026?” Concentrated betting across multiple addresses, with a cumulative amount exceeding $1000k
ME News, May 7: Prediction market data shows that within 24 hours, multiple addresses concentrated their participation in the event “Will the U.S. launch a strike against Iran before February 22, 2026?” and selected the outcome “Will the U.S. launch a strike against Iran before February 22, 2026?”, with a cumulative bet amount of approximately $2098.5k, indicating that the outcome attracted significant financial attention in a short period.
The WorldLibertyFi proposal to unlock 62.2 billion WLFI tokens has passed by an overwhelming majority.
On May 7, the WorldLibertyFi governance proposal to unlock 62,282,252,205 locked WLFI tokens passed by an overwhelming majority. If approved, the related tokens will not enter the market for at least two years. Up to 45.2 billion tokens held by the founding team, advisers, and partners will be subject to a 2-year lock-up followed by 3 years of linear unlocking, while approximately 450 million tokens will be burned. Approximately 17 billion tokens held by early supporters will be subject to a 2-year lock-up followed by 2 years of linear unlocking. The voting period is 7 days, with a quorum of 1 billion WLFI.
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SpaceXAI’s total GPU count will reach 1 million next week, and Musk says it will lead the AI industry in six months.
Musk revealed SpaceXAI’s catch-up plan: It is expected to reach the level of Anthropic Fable and OpenAI GPT-6 within the next 2–3 months, and if its growth rate continues, it could pull ahead in approximately six months. Update on the number of GPUs at the Colossus data centers: Colossus 1 has 150,000 H100s, 50,000 H200s, and 30,000 GB200s; Colossus 2 has 110,000 GB200s and 440,000 GB300s, for a total of approximately 780,000 GPUs. An additional 220,000 will be added starting in November, potentially bringing the total to 1.44 million GPUs by the end of December.
Senator: Without a morality clause, the Senate will not pass the crypto bill
ME News reported on May 7 (UTC+8) that Senator Kirsten Gillibrand said at the Consensus conference that if cryptocurrency market structure legislation does not include ethics provisions, the bill will not receive enough votes to pass. Gillibrand pointed out that members of Congress, senior government officials, and the president and vice president must be prohibited from profiting from the crypto industry through their official positions. Currently, several Democratic senators have expressed concerns about U.S. President Donald Trump’s and his family’s crypto connections, while Bloomberg estimates that Trump has earned at least $1.4 billion through crypto ventures. The bill was previously stalled in the Senate over the treatment of stablecoin rewards and has now reached a compromise, but the ethics provisions have become a new obstacle. Gillibrand said she is working with the White House and both parties to ensure that the relevant provisions are included, while also pushing to add consumer protection and anti-terrorist financing provisions. The bill is expected to
USDC circulation increased by approximately 300 million over the past 7 days.
In the 7 days through September 21, Circle issued approximately $10.1 billion in USDC and redeemed approximately $9.8 billion, resulting in a net increase of approximately $300 million in circulation. Total USDC in circulation was approximately $74.6 billion, with reserves of approximately $74.8 billion, consisting of: approximately $41.2 billion in overnight reverse repurchase agreements; approximately $26.5 billion in U.S. Treasury securities with maturities of less than 3 months; approximately $5.9 billion in deposits at systemically important institutions; and approximately $1.2 billion in other bank deposits.
USDC0.00%
HIVE Appeals to the European Commission Over Sweden’s Bitcoin Mining VAT Dispute
Hive Digital has filed a complaint with the European Commission over a Swedish value-added tax dispute. The Swedish Tax Agency reclassified the data center services provided by two of its subsidiaries as proprietary mining and retroactively reviewed the relevant business activities dating back to 2022, resulting in those services being deemed not subject to VAT and potentially requiring the repayment of input tax refunds already received. Hive believes its subsidiaries provide computing power services under contract to clearly identified customers, constituting taxable business activities. A Swedish court refused to refer the case to the Court of Justice of the European Union, and Hive said the court did not explain the reasons for its refusal. Hive has submitted the dispute to the European Commission.
HIVE-2.08%
UK Investigates Mastercard, Visa and PayPal for Anticompetitive Conduct
The UK financial regulator has launched an investigation into potentially anticompetitive conduct by Mastercard, Visa, and PayPal concerning the movement and use of funds in PayPal digital wallets. It has not yet reached a conclusion 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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According to analysis, an unusual $920 million short position appeared in the oil market 70 minutes before a report was published saying that the US and Iran were close to reaching a consensus.
ME News reported that a “14-point” agreement between the US and Iran to end the war was close to being reached during the first 70 minutes. The market established approximately $920 million in short positions in crude oil, equivalent to about 10,000 contracts, an exceptionally large amount. Seventy minutes later, Axios said the US was close to reaching a memorandum of understanding. Oil prices fell more than 12% in morning trading, generating an unrealized profit of approximately $125 million on those short positions.
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 solutions. (Source: InFoQ)
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