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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.

JPMorgan believes Nvidia’s core issue is currently limited supply capacity rather than insufficient demand. If supply constraints are removed, the business could potentially double year over year. Management expects growth of approximately 70% in fiscal 2028, while analyst Sur believes the potential increase could be even greater and that demand visibility is improving. Disclosing growth expectations in advance could help narrow the gap between internal demand forecasts and Wall Street estimates, while allowing suppliers to plan capacity expansion earlier.

Zero-knowledge proof computing platform Primus Labs and self-custodial stablecoin neobank AllScale have announced a partnership. AllScale has been testing Private Payroll on BNB Chain, keeping salary amounts encrypted while settlements remain verifiable. The two parties said they will add confidentiality to existing financial infrastructure, enabling institutions and privacy-conscious individuals to use confidential on-chain financial services without rebuilding their systems.

According to Lookonchain, wallet 0xc740 was created 21 days ago and has recently traded only 8 tokens; it made over $2.1 million in profit on MEME within 12 hours. The wallet spent $2,972 to buy 16.11 million MEME, has sold 750,000 for an $85,300 profit, and still holds 15.36 million MEME worth approximately $2.03 million, representing a 713x return. MEME's market cap previously briefly surpassed $130 million before falling back to $110 million.

According to Lookonchain monitoring, an address created 21 days ago has traded only 8 tokens. Earlier today, it bought MEME and earned more than $2.1 million in profits within less than 12 hours, achieving a 713x return. The address spent $2,972 to buy 16.11 million MEME, then sold 750,000 tokens for an $85,300 profit. It still holds 15.36 million MEME, worth approximately $2.03 million.

Nexo said the number of wallets holding more than 100 Bitcoin is increasing, indicating a return of “smart money.” Over the past two weeks, addresses holding 10 to 10,000 BTC accumulated approximately 41,000 Bitcoin in total. Bitcoin’s price also exceeded the True Market Mean average of $78,100 for the first time this year. Analysts said the continued accumulation by a large number of long-term holders may indicate that the risk appetite of institutions and long-term investors is recovering.

The Fed is shifting internally from dovish toward neutral, discussing the conditions under which it might raise rates again rather than simply cutting them. Three regional presidents opposed continuing to say that the “next move is more likely to be a rate cut.” Dallas Fed President Logan said rates could move either higher or lower in the future. Powell acknowledged the shift toward neutrality, saying that if rate hikes become necessary, the Fed would first adopt neutral guidance before moving toward a tightening bias. Elevated energy prices, risks surrounding the Strait of Hormuz, and escalating tensions in the Middle East have increased inflation risks and weakened expectations for rate cuts this year.

ME News reported on May 3 (UTC+8) that, according to prediction market data, in the event “Which companies will be acquired before 2027?”, the probability of “Yes” to “Will Lovable be acquired before 2027?” rose from 13.5% to 35.5%, an increase of 22.0 percentage points in a single day.

According to MLion, Iran’s largest crypto exchange, Nobitex, was founded by members of the politically connected Kharrazi family, who once used the surname Aghamir to conceal their ties. The platform serves more than 11 million users and continued trading during internet shutdowns. Its trading volume exceeded $100 million during the conflict, with large amounts of funds flowing overseas. On-chain analysis indicates that approximately $22 million to $366 million in transactions were linked to sanctioned entities. Wallets associated with the central bank transferred hundreds of millions of dollars to Nobitex to evade sanctions. Nobitex denied having ties to the government, stating that illegal transactions accounted for a very small proportion.

OpenAI launches desktop floating pets for Codex, with 8 built-in options and the ability to upload images via /hatch to generate animations. The pets display statuses such as thinking and task completed across the entire screen, while the community has created numerous characters, giving rise to PetShare and PetDex. The official competition’s Top 10 winners can receive 30 days of ChatGPT Pro. Concurrent updates include cross-device configuration migration, automatic import of Claude Code configurations, and custom shorthand dictation. The CEO said Codex is at its “ChatGPT moment” and is evolving toward a desktop super app.

The Bitcoin-to-gold ratio rose to 18.17, its highest level this year, meaning one Bitcoin can be exchanged for slightly more than 18 ounces of gold. Bitcoin and gold rose together, with analysts saying the move was driven by market concerns that countries could dilute their debt through currency debasement. Except for Switzerland, debt-to-GDP ratios in major advanced economies all exceed 100%, while the United States leads in deficits excluding interest expenses. The U.S. Treasury secretary said at the G20 that global debt is excessive and that growth is the way out; SkyBridge founder Anthony Scaramucci said the G20 finance ministers had inadvertently created Bitcoin’s best advertisement of the year.

According to MLion, Iran’s largest crypto exchange, Nobitex, was founded by members of the politically connected Kharrazi family, who once used the surname Aghamir to conceal the relationship. The platform serves more than 11 million users and continued trading during internet shutdowns. Trading volume exceeded $100 million during the conflict, with large amounts of funds flowing overseas. On-chain analysis shows that transactions linked to sanctioned entities totaled approximately $22 million to $366 million. Wallets associated with the central bank transferred hundreds of millions of dollars to Nobitex to evade sanctions. Nobitex denied any ties to the government, saying that illegal transactions accounted for a very small proportion.

ME News, May 3 (UTC+8) — The Iranian Embassy in South Africa posted an image of U.S. President Trump on X, captioned: “Pirate or President?” Trump had previously likened the U.S. blockade of the Strait of Hormuz to piracy, calling it “a very profitable thing.” (Source: PANews)

Solana’s core development team announced that the first feature gate of SIMD-0437 was activated on Beta mainnet epoch 1028, reducing rent per byte from 6960 lamports to 6333. The proposal also includes five feature gates, aiming to achieve an approximately 90% reduction in storage costs. Once completed, rent will be reduced to 696 lamports, and the rent-exempt deposit for token accounts will decrease from approximately $0.16 to $0.016.

The US and UK announced the establishment of their first joint law enforcement alliance and signed a memorandum of understanding to combat cryptocurrency-related and online investment fraud through parallel investigations and intelligence sharing. The alliance originated from the Scam Center Strike Force launched in 2025, focusing on Chinese organized crime networks in Southeast Asia that are often linked to human trafficking and money laundering. Members include the FBI, Secret Service, IRS-CI, and Homeland Security, working with the Treasury Department, State Department, and private companies to track down funds. IC3 losses increased from $4.57 billion in 2023 to $8.65 billion in 2025.

On September 4, South Korea’s Financial Services Commission announced a pilot program to promote the tokenization of listed stocks centered on KRX, while unlisted stocks will be tokenized through trusts. The roadmap consists of three phases: 1) launching the Token Securities Act, which takes effect in 2027, covering private money market funds, private corporate bonds, and unlisted stocks, limited to institutional investors; 2) expanding to public offerings; and 3) advancing on-chain settlement, to be implemented after stablecoin legislation is enacted.

U.S. stocks surged on Thursday, with the three major indexes posting their biggest daily gains in nearly a month; Treasury yields fell, cooling expectations for a Federal Reserve rate hike in September; Nvidia acquired Hugging Face for $12.93 billion; Broadcom beat expectations in Q3 but its Q4 outlook was slightly lower than expected; ChatGPT, Claude, and Grok experienced a rare simultaneous outage, with OpenAI saying it was investigating; OpenAI released GPT-6 Astra; 37,000 jobs were added in August, below expectations.

Figure Technology Solutions CEO Cagney said the company is using blockchain to rebuild credit infrastructure by closely integrating real-world assets, securitization, and DeFi to reduce intermediary costs and improve liquidity. Lending exceeded $1 billion in March, with approximately $2.9 billion in lending in Q1, or about $12 billion annualized. The company has launched the YLDS stablecoin and a Solana-based on-chain credit vault, plans to expand into the Ethereum ecosystem, and is exploring stock tokenization and on-chain securities lending. The value of blockchain lies in rewriting the financial abstraction layer.

ME News reported on September 4 that SBI VC Trade and BITPOINT will discontinue services for a total of nine crypto assets. SBI VC Trade is affected for APT, ETC, and OAS; BITPOINT is affected for BNB, DFP, JMY, OSHI, PEPE, and TRUMP. Both platforms will stop purchases of the relevant assets on October 7 and stop sales and withdrawals on October 28. Any assets that remain unprocessed will be sold at market prices in November 2026, converted into Japanese yen, and credited to customers’ accounts.