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U.S. Senator Elizabeth Warren wrote to Mark Zuckerberg, requesting more information from Meta regarding its latest stablecoin plan and criticizing the company's "lack of transparency" in related business as concerning.In her letter, Elizabeth Warren stated that given Meta's vast global user base, any stablecoin-related business could have a significant impact on market competition, user privacy, the integrity of payment systems, and financial stability. Previously disclosed information indicated that Facebook has been testing stablecoin payment features for certain creators in Colombia and the Philippines, with the plan based on USD Coin (USDC), requiring users to link a third-party crypto wallet address. A Meta spokesperson responded that the company "does not have a Meta stablecoin," and currently only hopes that users and merchants can use various payment methods, including third-party stablecoins, on the platform. Notably, Meta launched the stablecoin project Libra (later renamed Diem) in 2019, but ultimately terminated it in 2022 due to regulatory pressure. Warren has long been one of the toughest critics of cryptocurrency in the U.S. Congress and has repeatedly questioned Meta's stablecoin plans.

According to Jin Shi reports, US stock AI application software stocks are strong, Datadog rose over 30%, Snowflake rose 10%, and MongoDB rose 12%.

According to on-chain analyst Ai Yi's monitoring, the address 0x8Ad...Ab818 deposited 14,062 ETH to Binance, worth $32,820,000. This portion of ETH was just redeemed from Etherfi, suspected to be a sell-off.

Bitget officially announces the launch of the global community event "Fan Story Collection." From now until May 20, users can post images or videos on platforms such as X, Telegram, Reddit, LinkedIn, or Discord to share their real experiences using Bitget and their panoramic trading feelings with UEX. The content must include the hashtag #BitgetFanStory and be submitted through the official form to participate in the event. Participants can use AI tools to assist in image generation or video editing, and submissions should be based on real experiences.This event aims to showcase the growth journey of users on the Bitget platform, covering diverse groups such as early participants, long-term traders, and community contributors. The prize pool uses a dynamic growth mechanism, expanding the prize pool every time 500 new participants join, with a maximum limit of 100,000 USDT. All winners will also receive exclusive merchandise from the Bitget Fan Club.

The B.AI API model library welcomes a significant expansion, with four major models officially launched: GPT-5.5 Instant, DeepSeek-v3.2, MiniMax-M2.7, and GLM-5.1.Among them, GPT-5.5 Instant completed underlying adaptation and interface integration within 48 hours after OpenAI's release, achieving zero-latency calls for the new generation of computing power. Compared to the previous generation GPT-5.3 Instant, the latest model GPT-5.5 Instant has reduced hallucination rates by 52.5% in high-precision scenarios such as healthcare, law, and finance, significantly improving logical clarity and output conciseness, greatly enhancing the factual reliability of complex tasks.Currently, the above models are fully open for B.AI API requests. Developers can refer to the official documentation to quickly access the latest model interfaces, providing a more stable and trustworthy AI capability with zero latency experience.

According to Jinshi reports, the number of people continuing to claim unemployment benefits in the U.S. for the week ending April 25 was 1.766 million, lower than the market expectation of 1.8 million. The previous value was revised from 1.785 million to 1.776 million.

According to Jinshi, the number of initial jobless claims in the United States for the week ending May 2 was 200,000, lower than the market expectation of 205,000, and the previous value was revised from 189,000 to 190,000.

Anthropic's implied valuation in the on-chain Pre-IPO market has risen to $1.2 trillion (approximately 8.7 trillion RMB), officially surpassing OpenAI, with its pre-IPO valuation now about 20% higher than OpenAI's. If it goes public at this valuation, it will directly land as the 11th largest publicly traded company in the world, only behind Apple, Microsoft, Nvidia, Amazon, Alphabet, Meta, TSMC, Broadcom, Tesla, and Saudi Aramco.

According to GMGN data, the market capitalization of the ETH chain ecosystem token sato has fallen below 13 million USD, currently reported at approximately 12.92 million USD, with a 6H decline of 49.12%.ChainCatcher reminds users that the price of this token is highly volatile, and investors should be aware of the risks.

Bitcoin approached the critical 200-day simple moving average (SMA, around $83,300) on Wednesday but failed to achieve a valid breakout, subsequently falling back below $81,000.Meanwhile, the overall cryptocurrency market weakened, with the CoinDesk Smart Contract Platform Index dropping over 2% in the past 24 hours, making it the weakest performer among major sectors. The market generally views the 200-day moving average as an important indicator for measuring long-term trends. If BTC can hold above this level, it will further reinforce the market narrative that "the bear market ended when it fell below $63,000 in February this year, and a new bull market has begun." However, a similar situation occurred in March 2022, when Bitcoin briefly broke through and tested the 200-day moving average, only to eventually fall to around $20,000 in June of the same year, leading some analysts to warn of the risk of a "false breakout."Analytical firm Marex stated that whether BTC can continue to rise depends on three major factors: whether spot funds continue to chase prices, whether exchange supply continues to tighten, and whether the derivatives market remains healthy and not overheated. If all three factors align, Bitcoin may quickly open up space towards the $85,000 range.FxPro Chief Market Analyst Alex Kuptsikevich pointed out that this round of correction seems more like a brief pause in the upward process rather than the end of the trend. However, he also reminded that the daily RSI had previously entered the overbought zone, and similar past situations were accompanied by significant corrections. Additionally, the yield on the 10-year U.S. Treasury bond has fallen from a high of 4.46% at the beginning of the month to 4.32%, which is seen as a potential positive factor for risk assets.

ZachXBT posted on platform X that the founder of LAB released philosophical nonsense while participating in the manipulation of the CEX market that harms retail investors; they attempted to contact privately, but the message was read and not replied to; the scammers further undermined the last remaining credibility of the industry.

Grayscale has completed the rebalancing of its cryptocurrency industry fund. The DeFi fund has added the Ethena token ENA, with a weight of 13.59%, making it the fourth largest holding in the fund. At the same time, the fund has completely removed the Aerodrome Finance token AERO.After the adjustment, the main holdings of the fund include: Uniswap (UNI) at 35.22%, Aave (AAVE) at 21.36%, Ondo Finance (ONDO) at 19.83%, Curve DAO (CRV) at 5.27%, and Lido DAO (LDO) at 4.73%. Additionally, the smart contract platform fund did not increase or decrease its assets this quarter. The holding weight of Ethereum (ETH) has risen to 30.14%, surpassing Solana (SOL) at 29.69% to become the largest holding. Cardano (ADA) ranks third with a weight of 17.96%, followed by Avalanche, Hedera, and Sui.This adjustment is primarily based on the methodology of the CoinDesk DeFi Selected Index and the CoinDesk Smart Contract Platform Selected Cap Index, aiming to ensure that the fund's holdings are consistent with liquidity, custody, and market capitalization requirements.

According to monitoring by Hyperinsight, during the continued pullback of BTC from its peak last night, the whale on Hyperliquid with address 0xc6c chose to go against the trend, going long on 109.7 BTC with 35x leverage, amounting to 8.8 million USD, at an average price of 82,000 USD, with a liquidation line at 80,650 USD.This morning, the downward trend of BTC continued, and the price briefly hovered near the liquidation line, with a price difference of less than 50 USD (about 0.06%). The whale may have given up on closing the position for the first time as most of the funds were already lost on paper. Later in the afternoon, BTC rebounded to around 81,680 USD, significantly recovering on paper, and the unrealized loss narrowed. However, the whale chose to remain inactive again. Ultimately, in the past 10 minutes, BTC faced a large-scale liquidation during a second drop, and then manually stopped out before the next round of liquidation, with the account balance dropping below 100,000 USD.

According to monitoring by Hyperinsight, in the past 10 minutes, a certain long-term heavy position day trading whale (0x049) went long 494 BTC at 20x leverage, worth approximately 39.95 million USD, with a liquidation price of 83,947 USD; and went long 17,173 ETH at 20x leverage, worth approximately 39.90 million USD, with a liquidation price of 2,397 USD.

According to Coinglass data, if ETH breaks through $2,432, the cumulative short liquidation intensity on mainstream CEX will reach $1.454 billion. Conversely, if ETH falls below $2,222, the cumulative long liquidation intensity on mainstream CEX will reach $964 million.

According to official news, Gate has launched the 115th phase of the contract points airdrop event for GUSD. The highest price of GUSD in 24 hours was $0.9989, with a current market value of approximately $169 million. The single number earnings for this airdrop event are about $25.It is reported that this phase of the event is divided into two prize pools: Users holding Gate contract points ≥40 can receive a 100 USDT position experience voucher, which will consume 20 Gate contract points; users holding ≥170--120 points (decreasing rule) can receive 25 GUSD, which will consume 15 Gate contract points. Among them, the GUSD prize pool adopts a decreasing threshold mechanism, where users with higher points obtain eligibility to claim rewards earlier, increasing their chances of receiving rewards.In addition, the 116th phase of the contract points airdrop for individuals will offer 25 GUSD & 100 USDT position experience vouchers, starting on May 8 at 18:00 (UTC+8). Join now for a chance to receive rewards on May 8.

Binance Alpha has now launched PlaysOut (PLAY). Users holding at least 245 Binance Alpha points can claim the token airdrop. Claim 360 PLAY tokens airdrop on the Alpha event page, first come, first served.If the event has not ended, the score threshold will automatically decrease by 5 points every five minutes. Claiming the airdrop will consume 15 Binance Alpha points, and users must complete the claim on the Alpha event page within 24 hours.

Web3 asset data platform RootData has outlined 30 Web3 business partners of Bybit, covering multiple key layers such as institutional custody, stablecoins, blockchain infrastructure, DeFi protocols, and real-world payments. From the funding perspective, partners like Circle, Tether, and Ethena indicate that Bybit has begun to deeply engage in liquidity structures related to stablecoins and RWA. In particular, RWA protocols like Ondo and Backed are essentially helping on-chain funds gradually access U.S. Treasuries, real yield assets, and traditional financial markets. In terms of blockchain infrastructure, its layout covers mainstream networks such as Mantle, Solana, Sui, and TON, while also extending to restaking systems like EigenLayer and Solayer. This means Bybit has started to expand towards on-chain yield and asset issuance layers. In the on-chain liquidity layer, Bybit collaborates with protocols like Aave, Kamino, Raydium, Orca, and Sanctum, using bbSOL to further strengthen its DeFi yield and asset circulation capabilities. What is particularly noteworthy is its infrastructure layout on the institutional side. Bybit has integrated with custody systems such as Fireblocks, Anchorage, Copper, Sygnum Bank, and Cactus Custody, and connected with banks and payment networks like QNB Group, Pave Bank, and Thredd. With institutional funds entering, the biggest competitive point for crypto exchanges has shifted from "matching ability" to "asset security and settlement capability." Especially after the North Korean hacker attack incident, the custody system has become the most critical part of exchange infrastructure. At the same time, Bybit's global branding strategy is also changing. In the past few years, it has made high-profile collaborations with top sports IPs like Oracle Red Bull Racing. In recent years, it has gradually shifted towards high-growth regions like the Middle East, establishing connections with institutions like Dubai DMCC. Its branding logic is transitioning from "traffic exposure" to "regional financial resource binding." Related collection: Bybit Web3 Partner Network Collection (continuously updated) Crypto projects actively showcasing their partner networks have become a key way to enhance transparency and market trust. It is reported that RootData welcomes Web3 projects to claim their information and continues to track and open more project business relationship disclosure channels. The platform has continuously released multiple editions of crypto project ecological maps, nominating Web3 ecological partners for upstream clients like Visa, Mastercard, and Coinbase. If you wish to nominate your project in future ecological maps, please fill out the [RootData 2026 Industry Ecosystem Mapping] form to supplement your important clients and partners.

The first AI + DePIN project PinGo on the TON chain was officially announced on May 7, expanding its AI ecosystem blueprint with three core components:AI Token Integration Platform: Supports staking, governance, and cross-platform applications of AI Tokens; AI Infrastructure Platform: Aggregates idle computing power globally to support scalable AI workloads; AI Skill Marketplace: Provides opportunities for creators and developers to monetize AI skills and services.This ecological expansion marks an important step for PinGo in building a global decentralized AI + Web3 ecosystem. Following the announcement, its official token $PINGO saw a temporary price increase of 24%.

Alchemy Pay today announced the official launch of the Alchemy Chain mainnet, which focuses on stablecoin payments and aims to build a global compliant stablecoin payment network.Alchemy Chain is positioned as the world's first payment public chain that connects the dual compliance frameworks of Europe's MiCA and Hong Kong's HKMA, and will natively issue its own stablecoin, facilitating enterprise-level settlement networks across the EU, Asia-Pacific, Africa, and the United States.Alchemy Chain launched its testnet in March this year, and since its launch, the number of test addresses has exceeded 160,000.