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Hyperbridge Cross-Chain Interoperability Protocol Hyperbridge announced the completion of a comprehensive architecture reboot, re-launching after completing security audits, bug bounty incentives, and system reconstruction, and officially transforming into a "hyperstructure." The protocol was suspended after the security incident on April 13, during which it completed a joint audit with organizations such as SRLabs and paid over $150,000 in bounties to security researchers.The team stated that this upgrade removed the original centralized management keys, transitioning to a fully permissionless network of validators and provers, achieving full-stack decentralized operation.This reboot also introduced the "Hyper Fungible Token (HFT)" standard, making each cross-chain asset an independent application layer structure, with issuers autonomously controlling cross-chain behavior rules, including pause mechanisms and throttling strategies. Hyperbridge also released the OFT (Omnichain Fungible Token) adapter, which is compatible with existing cross-chain protocols like LayerZero, allowing assets to be migrated to a zero-knowledge proof-based transport layer by simply modifying configuration parameters, without the need to redeploy contracts.In addition, the protocol's business model has shifted from a pay-per-use model to a subscription model, allowing cross-chain applications to pay a stablecoin fee of $50 to $1,000 per month for bandwidth services. The official statement indicated that this upgrade marks Hyperbridge's transition from an early cross-chain bridge project to a fully decentralized infrastructure protocol, aiming to provide a unified interoperability layer for a multi-chain ecosystem without the need for trusted intermediaries.

Aptos officially disclosed that 187,800 APT tokens were destroyed in May, permanently removed from the circulating market. Data shows that since the mainnet launch, Aptos has cumulatively destroyed approximately 1.2 million tokens. Currently, its hard supply cap mechanism of 210 million APT has come into effect. Aptos stated that this mechanism is part of its "performance-driven token economic model," aimed at influencing the long-term supply structure and market circulation through a continuous destruction mechanism.

According to token unlock data from the Crypto asset data platform RootData, Aptos (APT) will unlock approximately 10.94 million tokens at 8:00 AM Beijing time on June 12, worth about 7.95 million USD.

According to The Block, regarding the gradual shutdown of the Cardano ecosystem data analysis and infrastructure platform TapTools, Cardano founder Charles Hoskinson responded that TapTools is another loss in the ecosystem following JPG Store, and warned of a potential "wave of failures," expecting more projects to shut down, DeFi operations to cease, and industry consolidation in the second half of the year.He stated that some older projects no longer have investment value, resources to support struggling projects are limited, and he lacks direct control over ecosystem funding decisions and treasury allocation.

Binance will delist the following spot trading pairs on May 29 at 11:00: APT/ETH, CTSI/BTC, DOT/ETH, FLOKI/FDUSD, MAV/USDC, S/BTC, SAGA/BTC, STEEM/BTC, and WIF/FDUSD. Users can continue to trade the related tokens on other trading pairs.

According to official news, KelpDAO stated that the last batch of 20,373.72 rsETH has been transferred to the rsETH OFT adapter earlier, thus completing the operational part of the rsETH recovery plan. KelpDAO also attached the relevant transaction information.

Aptos tweeted that it has passed and executed three tokenomics proposals. These include the implementation of a hard cap supply limit of 2.1 billion tokens; staking rewards reduced from 5.19% to 2.6%; and Gas fees increased tenfold.

On May 18 and 19, Mentis's web3-alpha-scanner Skill scanned for long opportunities on the Hyperliquid token $HYPE for two consecutive days.On May 18, Mentis captured a strong long signal: two top smart money addresses simultaneously held large HYPE long positions, with a total scale of approximately $9.49 million, realizing a profit of over $830,000. On May 19, Mentis again indicated that $HYPE showed smart money accumulation signals in the $42-$45 range and provided a target range of $54-$60, after which the market quickly realized the gains.

On-chain detective ZachXBT disclosed that the UMA CTF adapter contract of Polymarket seems to have been attacked on Polygon, with over $520,000 stolen.

Aptos Labs announced that the world's first stablecoin pegged to the Korean won, KRW1, will be launched on the Aptos network. This stablecoin was chosen by BDACS Korea to be issued on Aptos, aiming to promote on-chain payments and digital business applications in Korea and the broader market.Aptos stated that the choice of its infrastructure for issuance is based on its full-stack blockchain capabilities oriented towards "market and machine," designed to support cross-border and local on-chain business scenarios.

Aptos posted on platform X stating that Aptos is the first L1 to support dynamically scheduled formal verification, which can be mathematically proven to operate as designed. Aptos claims that AI writes specifications, mathematically proves their correctness, and Move Prover serves as the oracle, which is the trust layer between the market and machines.

The regulated securitization trading platform tZERO announced the integration of its tokenized issuance platform into the Aptos network, enabling issuers to directly issue real-world asset (RWA) tokens on this high-performance public chain, further broadening the on-chain path for institutional-grade assets.Aptos is positioned as the underlying network for institutional-grade tokenization infrastructure and is continuously attracting traditional finance and compliant tokenization platforms. Currently, tokenized funds from institutions such as BlackRock and Franklin Templeton are already operating on-chain.With the integration of tZERO, the compliant asset issuance and trading infrastructure on Aptos has been further improved, covering the full chain capabilities from issuance, circulation to settlement.

The U.S. Senate Banking Committee has released the first updated complete draft of the CLARITY Act since January of this year. The new draft has made significant adjustments in several key chapters.These include: a major rewrite of Chapter 1 concerning definitions, the authority of the U.S. Securities and Exchange Commission (SEC), and other content; the addition of insider trading provisions in Section 109; updating "joint control" to "coordinated control" in Chapter 2; rewriting Section 301 to further clarify the regulatory boundaries between DeFi and CeFi; updating Section 404 to incorporate the compromise proposal from Tillis and Alsobrooks; adjusting Section 505 to narrow the scope of SEC's authority limitations in the tokenization field; and restructuring the bankruptcy and insolvency framework in Sections 701 and 702. Additionally, Section 904 is a new addition, titled the "Build Now Act."Alex Thorn also pointed out that the protective provisions for developers in the Blockchain Regulatory Certainty Act in Section 604 remain largely intact, with only minor modifications that do not weaken its core protective content.

Aptos announced that after the governance vote passes, it will become the first Layer 1 public chain to provide a native encrypted mempool. This feature achieves complete confidentiality of transaction intentions, does not affect transaction speed, and aligns the trust assumptions with the network itself, aiming to protect users from frontrunning at the protocol level.

The global stock market has reached a milestone moment. According to data from the Gate platform, NAS100 (Nasdaq 100 Index) strongly refreshed its intraday historical high yesterday, reaching a maximum of $28,817.49; US30 (Dow Jones 30 Index) broke the 50,000-point mark for the first time, peaking at 50,116.03 points. Although the subsequent gains narrowed, the two indices closed at 28,637.55 points and 49,679.17 points respectively, but the new highs of these two core indices have significantly boosted market sentiment, establishing a premium space for a new round of market rally.Gate has launched the world's first perpetual contracts for indices, with 15 trading pairs now available in the contract area, providing the most comprehensive global mainstream stock indices and volatility indices, fully supporting USDT settlement and 24/7 continuous trading. With a well-established layout in the fields of crypto assets, metals, indices, commodities, foreign exchange, and popular stocks, Gate continues to offer global users a one-stop, multi-scenario asset allocation choice, further enhancing the platform's competitiveness and brand influence in the global comprehensive trading market.

Aptos Foundation and Aptos Labs announced that they will invest over $50 million to cover first-party products, research, protocol infrastructure, and a strategic fund for trading and AI partners.Aptos stated that Decibel has launched on the Aptos mainnet, with a cumulative trading volume exceeding $1 billion. The market capitalization of stablecoins on the Aptos network has reached $1.93 billion, and the scale of RWA has reached $1.2 billion, with asset management institutions such as BlackRock, Franklin Templeton, and Apollo Global already deployed on the network. Subsequently, Aptos will advance features such as crypto memory pools, FIX and CCXT connections, multi-leader consensus, and confidential perpetual trading.

Aptos posted on platform X that the market size of stablecoins on the Aptos chain has surpassed $1.9 billion, setting a new historical high.Aptos stated that in the first half of 2025, the market value of stablecoins on the Aptos chain grew from approximately $649 million to over $1.2 billion, an increase of 86%, with monthly active users stabilizing at over 10 million. In the first half of 2026, the market value of stablecoins on the Aptos chain continued to grow and surpassed $1.9 billion, while the weekly transaction fee burn reached a new six-month high, with 47,000 APT burned in a single week.

According to token unlocking data from the crypto asset data platform RootData, Aptos (APT) will unlock approximately 10.94 million tokens on May 12 at 8:00 AM Beijing time, worth about 10.58 million USD.