OnchainComplainer

Gate.io news: The profit from HYPE long positions has narrowed to approximately $39.94 million (+214.04%). The current coin price is $67.62, the liquidation price is $52.74, and the open interest is about $93.32 million. This address massively went long before HYPE was listed on Robinhood; it is now the largest HYPE long holder and previously suffered large unrealized losses.

BlockBeats reports that a vulnerability was found during an upgrade, and the Base network status update has been stalled for more than 30 hours. Because withdrawing to the Ethereum mainnet requires an approximately 7-day challenge period, ordinary users have not yet perceived any obvious impact. The official status page says the problem is caused by a TEE enclave failure, which has interrupted the network proposal process and thereby affected status updates. At present, withdrawals on the Base mainnet are delayed, and the team is working on repairs; other core network components are not directly affected.

Under monitoring by Beating, Xiaomi's team open-sourced the video and audio effects framework ControlFoley, emphasizing controllability: generating sounds based on images, text, or reference audio, with the ability to change voice styles while maintaining synchronization between audio and video. The underlying architecture uses a spatiotemporal audio-visual encoder adapted from CAV-MAE, implementing decoupling of time and timbre. Multi-task evaluation achieves open-source state-of-the-art results and is competitive in comparison with Kling-Foley, but still lags behind in some KL metrics on Kling-Audio-Eval and MovieGen-Audio-Bench. The project has released technical reports, code, weights, and demos.

U.S. Treasury Secretary Bessent said that the U.S. and Iran may already have the conditions in place to reach a 60-day phased ceasefire framework agreement, which is close to finalization; however, Iran denied having accepted a memorandum or making commitments on nuclear issues. The WSJ said the framework may require Iran to dispose of highly enriched uranium, permanently forgo nuclear weapons, restore freedom of navigation in the Strait of Hormuz, and gradually lift the maritime blockade and some sanctions relief, but it would need approval from Trump. Meanwhile, an Iranian missile was intercepted; the U.S. threatened to resume military operations and impose sanctions on relevant entities, leaving the situation tense.

Crypto Globe News: The Trump administration is suing, challenging the decisions of four Democratic-led states to refuse to issue secret license plates to U.S. Immigration and Customs Enforcement (ICE) personnel. The government said these states have long been providing such license plates to other law enforcement agencies that carry out undercover missions. The U.S. Department of Justice said on Thursday that it has filed lawsuits against Maine, Massachusetts, Oregon, and Washington. Previously, the four states refused to rescind their related policies and refused to allow ICE to obtain such license plates to carry out arrest operations—part of Trump’s crackdown on immigration enforcement.

JiJie.com News: Anthropic opens an office in Milan, Italy.

Headquartered in Dallas, United Texas Bank has received OCC approval to convert from a chartered bank to a national bank, positioning itself as an institution connecting global crypto companies with the U.S. banking system, with federal licensing equivalent to major currency center banks and direct access to the Federal Reserve, clearing approximately $10 billion in global crypto transactions monthly. The bank also launched a 24/7 AI-driven payment network, UTB Atomic, paired with the compliance platform UTB Prism Sentinel, to restore around-the-clock crypto liquidity and address new federal regulations for digital assets and stablecoins.

BlockBeats News, May 27 — Arete Capital Partner McKenna stated that HYPE has successfully stabilized at a historical high, with its first target for HYPE at $84. Given recent developments, HYPE should trade above three digits within less than 12 months.
McKenna emphasized that the HYPE ETF showed outstanding capital inflow performance after launching in the $50 range, proving that traditional finance has a strong willingness to enter at the aforementioned price levels.

BlockBeats reports that on May 1st, New York filed a lawsuit seeking to declare 39,069 long-dormant Bitcoin wallets as belonging to the plaintiff, claiming they are abandoned property and have been reported to the police. The list also includes Satoshi Nakamoto's address. The legal basis is questionable, and even if a ruling is made, it would be difficult to enforce on the Bitcoin network unless the funds are transferred to a regulated escrow service. Timechain Index states that the related addresses hold approximately 3.7 million BTC, far exceeding the plaintiff's claim; it also shows 3.5 million dormant for over 10 years, 6.6 million dormant for over 5 years, and notes that notifications sent to addresses with no balance are flawed.

According to SoSoValue data, last week (May 18 to May 22), Bitcoin spot ETFs experienced net outflows of $1.26B, Ethereum spot ETFs saw net outflows of $216 million, SOL spot ETFs had net inflows of $15.63 million, XRP spot ETFs had net inflows of $22.04 million, and HYPE spot ETFs had net inflows of $72.38 million. Source: MLion.

ME News reports that the U.S. Treasury market has recently experienced intense volatility, and Wosh's appointment as Federal Reserve Chair faces the challenge of limited room for rate cuts. Rajapa pointed out that rising inflation expectations have caused abnormal bond market yields, and the Iran war has pushed up energy prices, further intensifying inflation pressures. The market expects nearly a two-thirds chance of rate hikes before December, and expectations for rate cuts for the entire year have significantly cooled by the end of February.

NYSE submits a revision to the SEC, proposing to add Section 7.50, allowing qualified members to trade tokenized securities within the DTC Three Decades Tokenization Pilot, covering Russell 1000 component stocks and ETFs tracking major indices. Tokenized securities share the same CUSIP and trading code as traditional securities, can be traded concurrently on the same order book, with unchanged priority, and settlement remains T+1. Current regulatory rules apply equally, without the need for significant exemptions.

ME News Report, May 15 (UTC+8), the valuation of the U.S. stock market is approaching the levels seen during the Internet bubble period, with the Shiller CAPE (Cyclically Adjusted Price-to-Earnings Ratio) rising to 42.18, only below the 44.19 peak during the 1999 bubble. Historical data shows that after the 1999 peak, the S&P 500 index subsequently declined by approximately 50%. Market analysis suggests that amid the AI boom driving continued gains in tech stocks, valuation risks in the U.S. stock market are re-accumulating. (Source: PANews)