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.

ME News reported on May 6 that Jito Foundation and Solana Company are partnering to provide institutional-grade Solana infrastructure in the Asia-Pacific region. Hong Kong, Singapore, Japan, and South Korea will operate BAM validators through Pacific Backbone, offering low-latency staking, validation, and trading services. The two parties will also jointly develop an institutional-grade JitoSOL staking product, delivered through Solana Company’s consulting model to meet the compliance requirements of large capital allocators.

ME News, May 6 (UTC+8) — Public announced the acquisition of AI investment services platform Treasury App. The acquisition amount has not been disclosed. The move is intended to strengthen Public’s AI-driven brokerage business and enhance its AI-focused investment experience. Public currently supports trading in stocks, bonds, and cryptocurrencies including BTC, ETH, and SOL. (Source: MLion)

According to ME News, September 24 (UTC+8), on-chain data monitoring shows that “Maji Big Bro” Huang Licheng added a 10x PUMP long position this morning, with a position size of approximately $600,000. Last night, he reduced part of his BTC and ETH long positions and increased his HYPE long position. His account currently has total unrealized profits of approximately $780,000.
His current major positions include: 25x long on 36,480 ETH, with an entry price of $2,658.05 and unrealized profits of $1.02 million; 40x long on 108 BTC, with an entry price of $84,064.90 and unrealized profits of $24,000; 10x long on 217,000 HYPE, with an entry price of $93.95 and unrealized losses of $270,000; 10x long on 150 million PUMP, with unrealized profits of approximately 470

ME News, September 24 (UTC+8) — Sources revealed that the Hong Kong government plans to raise HK$15 billion to HK$20 billion ($1.9 billion to $2.6 billion) by issuing multi-currency digital green bonds. The bonds will be denominated in U.S. dollars, Hong Kong dollars, euros, and offshore yuan, and may be priced as early as September 28. In addition, the Hong Kong government has commissioned multiple banks to arrange a series of fixed-income investor meetings this week. (Source: Foresight News)

ADP reported that U.S. private payrolls increased by 109,000 in April, while March’s increase was revised to 61,000. The labor market remains in a “low hiring, low layoffs” state. April’s job growth exceeded market expectations, indicating that employment remains robust; amid high inflation, this also weakens the case for the Federal Reserve to cut interest rates.

On May 6, OpenTrade completed a $17 million strategic financing round led by Mercury Fund and Notion Capital, with participation from a16z crypto and others, bringing its total funding to over $30 million. The company provides institutions with on-chain and real-world asset-collateralized lending and stablecoin yield products. It plans to use the funds to expand infrastructure for permissioned and permissionless use cases. Its core products are the permissionless layer and the yield vault framework Curation+. Total value locked exceeds $200 million, transaction volume surpassed $250 million in 2025, and is expected to exceed $1 billion by the end of 2026.

ME News, May 6 (UTC+8) — Prediction market data shows that in the “Premier League Winner” event, the trading probability of the “Yes” option for “Will Arsenal win the 2025--26 Premier League?” rose from 57.0% to 79.5%, up 22.5 percentage points in a single day.

ME News reported on September 24 (UTC+8) that Cosmos Hub validators halted block production for nearly 25 hours at approximately block height 33,086,740 following an attack on Neutron governance, and restarted at 20:00 Beijing time on September 23. After the restart, Cosmos Hub validators will approximately 1.227 million tokens

ME News reported on September 24 (UTC+8) that U.S.-listed BNB treasury company Nano Labs issued a risk alert stating that its founder Jack Kong’s personal X account had been compromised. The token- and AI trading model-related content recently posted from the account was not authorized by him or the company. The company emphasized that it has not issued or endorsed any related token projects and reminded users not to click suspicious links, transfer funds to the relevant contracts, or trust direct messages, warning them to beware of scams. (Source: ChainCatcher)

U.S. Bank’s 2026 Wealth Survey shows that Gen Z began building wealth earlier than other generations: they started accumulating wealth intentionally at an average age of 19, compared with 25 for millennials, 29 for Gen X, and 32 for baby boomers. The survey covered 5,000 U.S. adults aged 18 and older. The results also showed that 62% of Gen Z believe the stock market is a more realistic path to wealth than buying a home, approximately 47% obtain financial information through social media, and nearly half of young people are more interested in emerging investments such as cryptocurrency. However, most respondents still believe traditional investments are the best way to achieve long-term financial goals. Source: ODALY

Witt, executive director of the White House Digital Assets Council, said at the Georgetown Finance Conference that the CLARITY Act has not advanced in the Senate, partly because Democrats have politicized Trump’s crypto conflicts of interest. He said Trump had agreed to two unprecedented ethics provisions. He attributed the resistance in part to banking industry lobbying, saying that large banks are concerned about stablecoins competing with deposits and have conveyed this concern to community banks.

ME News, May 6 (UTC+8) — White House National Economic Council Director Hassett said: “We are studying possible executive orders targeting artificial intelligence and business. The executive orders will provide a clear roadmap for artificial intelligence. The Mythos model shows vulnerabilities that we previously overlooked.” (Jin10) (Source: BlockBeats)

a16z crypto states that perpetual contracts linked to stocks, gold, and other traditional assets are growing rapidly. Monthly trading volume for RWA perpetual contracts reached $117.3 billion in August, up 44-fold from last year, with open interest at $480 million. On-chain trading accounted for 86%, or approximately $101 billion, while centralized exchanges accounted for approximately $1.6 billion. The asset composition shifted to 48% stocks, 28% commodities, and 18% indices. The growth is closely related to infrastructure upgrades such as Hyperliquid HIP-3.

According to AIMPACT, on May 6, MiroMind emailed users saying that its agent service MiroThinker would suspend service in mainland China, Hong Kong, and Macau starting May 12, 2026. The resumption date has yet to be determined. The official website will not be affected. A Yicai reporter confirmed the authenticity of the email. The move comes as the company’s intellectual property dispute escalates. An internal notice stated that Dai Jifeng, an early core team member, had breached commercial integrity.

ME News reported on May 6 (UTC+8) that QCP analysis indicated Trump’s suspension of “Project Freedom” was interpreted by the market as a de-escalation signal, leading to a decline in oil prices, a rise in stocks, and a weaker U.S. dollar. As risk appetite recovered, Bitcoin (BTC) moved back above $80,000, with the spot price rising to $81,000 and gaining more than 6% for the week. However, the options market has not yet confirmed a full breakout. One-month at-the-money implied volatility was approximately 41%, while the 30-day risk reversal was around -5.5 vol, indicating cautious optimism. QCP also noted that Japan could become a new source of macro pressure: a weaker yen, rising risk of intervention by Japan’s Ministry of Finance, and increasing Japanese government bond yields could marginally tighten global liquidity. A breakout above $82,000–$83,000 remains key for BTC; if global yields or oil prices rise sharply, the rebound could face selling pressure. (Source: M

ME News reported on May 6 (UTC+8) that White House and U.S. Treasury officials have held internal discussions on expanding the range of investments permitted in “Trump Accounts” (officially known as 530A accounts). The discussions currently include allowing the world’s wealthiest individuals to donate shares of their companies. Trump Accounts currently only allow cash investments in diversified index funds and do not permit stock donations. The concept is intended to leverage the unrealized wealth of billionaires such as Musk or Huang Renxun. If the relevant rules are amended, Musk could directly donate Tesla or SpaceX shares, while Huang Renxun could donate NVIDIA shares. Compared with the slow and steady returns of index funds, children would be able to hold long-term exposure to high-growth large-cap technology stocks and could potentially earn enormous returns. Donors, meanwhile, could transfer high-value shares worth billions of dollars without triggering capital gains taxes, while receiving a full charitable benefit based on the fair market value of the shares.

ME News, May 6 (UTC+8) — Hut 8 Corp. announced its first-quarter 2026 results, reporting revenue of $71.01 million, a significant year-over-year increase from $21.815 million in the same period last year, primarily driven by ASIC Compute, AI Cloud, and cloud services. However, affected by changes in the fair value of digital assets, its net loss widened to $253 million, of which approximately $296 million was primarily attributable to unrealized digital asset losses. The company said it had provided approximately $16.8 billion in long-term triple-net lease revenue support for AI data center campuses, including the 330 MW “River Bend” facility in Louisiana and “Beacon Point” in Texas, through the sale of four gas-fired power plants with a combined capacity of 310 MW, the refinancing of a $200 million Bitcoin-backed credit facility, and the issuance of $3.25 billion in investment-grade project debt, and established

ME News, May 6 (UTC+8) — White House and U.S. Treasury officials have held internal discussions on expanding the range of investments permitted in “Trump Accounts” (officially known as 530A accounts). Current discussions include allowing the world’s wealthiest individuals to donate shares of their companies. Trump Accounts currently only permit cash investments in diversified index funds and do not allow stock donations. The proposal aims to leverage the unvested wealth of billionaires such as Musk and Huang Renxun. If the relevant rules are amended, Musk could directly donate Tesla or SpaceX shares, while Huang could donate NVIDIA shares. Compared with the slow and steady returns of index funds, children would be able to hold long-term exposure to high-growth large-cap technology stocks and could potentially earn enormous returns. Donors, meanwhile, could transfer billions of dollars’ worth of highly valued shares without triggering capital gains tax, while receiving a full charitable deduction based on the fair market value of the shares.