MempoolDaydream

ME News, May 16 (UTC+8). On July 3, 2025, Ethereum co-founder Vitalik Buterin said in his EthCC speech that many Layer 2 projects claiming to be built on-chain have backdoors that can be triggered at any time or lack sufficient decentralization. He believes that the architecture of these projects is hardly any different from traditional centralized servers. He pointed out that if developers cannot ensure the project is thoroughly decentralized, directly using centralized servers may be more practical. (Source: MLion)

The China-U.S. summit has drawn global attention, emphasizing that under the guidance of head-of-state diplomacy, the two countries should follow the right way to get along and jointly chart a brighter future for their relationship, while providing the turbulent world with more stability and certainty. A former White House reporter said that, as the most important bilateral relationship, this meeting has outlined a clear roadmap for future development and highlighted the anchoring role of head-of-state diplomacy.

The Sui mainnet has resumed operation, with transactions and network activity functioning normally. Both outages were caused by interaction issues between the address balance feature and Gas billing logic in version 1.72. The previous temporary fix was used for quick recovery but carried a low-probability risk of downtime; today, it was paused again due to a similar variant of the same issue. A long-term fix has now been deployed, and the network has been stably restored. The official team will release a more detailed incident review.

Geordie completes a $30 million Series A funding round led by Balderton Capital, with Crosspoint Capital, General Catalyst, and Ten Eleven Ventures participating. The company focuses on AI agent governance and security, helping enterprises monitor internal agent behavior, permissions, data access, and potential risks in real-time, while restricting nondeterministic decision-making.

CryptoWorld reports that the SpaceX-related pre-IPO perpetual contracts on HyperLiquid collapsed, with SpaceX-USDH dropping about 45% within 30 minutes, resulting in approximately $1.5 million in liquidations; HypeCoin approached $62 on May 29, up 8% in 24 hours. The price fell from 2,277 to 1,254 before rebounding to $2,169. In 24 hours, 2,830 traders were liquidated, with nominal positions of $25.27 million and margin losses of $1.58 million. Both open interest and daily trading volume are relatively low, indicating risk in synthetic markets during data volatility. HyperLiquid states that data sources have been fixed and compensation will be provided within 48 hours.

ME News Update, May 15 (UTC+8), BitWei launched its first fund called Hyperliquid $HYPE ETF (Trading Code: BHYP), which is now listed on the New York Stock Exchange. This is the first HYPE ETF product to include internal staking services. (Source: MLion)

NVIDIA Omniverse official preview states that GTC Taipei will hold two industrial AI conferences, with keynote speaker Rishi Ranade introducing the application of AI physics in computer-aided engineering and semiconductor design, focusing on the PhysicsNeMo platform's applications in production-level AI physics models, semiconductor process modeling, collision simulation, and aerodynamics, among others, and demonstrating driving real-time digital twins in Omniverse. First come, first served. GTC Taipei 2026 is scheduled for June 1-4.

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Author: Deep Tide TechFlow
Microsoft has been the biggest beneficiary of the global AI narrative since 2023. With an early investment of $13 billion in OpenAI, Satya Nadella branded all products including Office 365, Azure, and Windows with Copilot, pushing its market value to over $3.7 trillion at one point. However, by 2026, this narrative began to fracture on multiple fronts.
The setbacks did not appear as isolated incidents. Negative news regarding security, costs, and market share erupted collectively over the past month, all stemming from the same structural issues. The technology stack is not in their control, pricing power is not in their hands, and enterprise clients’ wallets are being pried open by competitors.
Copilot bypasses

CryptoWorld News reports that oil prices have fallen sharply, with WTI approaching $91, and Brent around $97-98, down over 5%.
Market expectations of the US and Iran possibly reaching an agreement to end the conflict have increased, hinting that the Strait of Hormuz may reopen.
If a formal agreement is reached and supplies are quickly restored, the downward trend in oil prices may continue.
The Strait of Hormuz accounts for about one-fifth of global oil and LNG transportation; the US insists on maintaining the blockade until an agreement is reached, which introduces market uncertainty.