pros

According to Cointelegraph, Federal Reserve Governor Christopher Waller and Bank of England policymaker Megan Greene expressed starkly different views on the prospects of stablecoins at the Dubrovnik Economic Conference. Waller stated that the growth in the use of dollar-backed stablecoins could enhance the global influence of U.S. monetary policy, describing stablecoins merely as payment tools, "neither evil nor dangerous," and only bringing competition to the payment sector.Greene, on the other hand, held an opposing view, believing that tokenized deposits could replace stablecoins within a few years, stating, "In five years, we might wonder why we were talking about stablecoins." Greene compared central bank digital currencies to "turtles," stablecoins to "rabbits," and tokenized deposits to "rhinos," predicting that the rhino would ultimately prevail.

Well-known investor Duan Yongping recently expressed his continued optimism about Pop Mart's future overseas growth potential during discussions with investors. He believes that Pop Mart has high requirements for store location selection, and since quality commercial location resources are scarce, the construction of a global store network will take a long time. With the advancement of the internationalization strategy, the company still has significant store expansion space in overseas markets over the next 5 to 10 years.Recently, Duan Yongping's increased stake in Pop Mart through H&H International Investment has attracted market attention. Public information shows that on May 25, he purchased approximately 9.8232 million shares at about HKD 150 per share, raising his shareholding ratio to 5.69%, making him the company's second-largest shareholder, with a holding market value exceeding HKD 11.7 billion.Driven by market sentiment, Pop Mart's stock price has continued to strengthen recently. Data shows that the company's stock price rose by 8.98% yesterday, and based on the size of his holdings, Duan Yongping's paper profit for the day was nearly HKD 1 billion.It is noteworthy that Duan Yongping's investment attitude towards Pop Mart has undergone a significant change. He had previously publicly stated that he "did not understand" the related business, but as the company's business model gradually matures, he has begun to significantly increase his holdings and is optimistic about the company's long-term development.After becoming the second-largest shareholder, Duan Yongping publicly praised Pop Mart's founder Wang Ning, believing that he has reached a very high level in understanding products and grasping user needs, and stated that he has become a supporter of Wang Ning. He also pointed out that Pop Mart has validated the sustainability of its business model and established strong competitive barriers, possessing long-term investment value.Public information shows that Duan Yongping has further increased his allocation ratio to Pop Mart this year and adjusted some of his holdings in traditional energy sectors to this company, expressing his optimism about its long-term growth prospects.

According to Marketscreener, Swedish Economic Crime Authority prosecutor Jonas Myrdal stated that the early leak of news on social platform X regarding Sivers Semiconductors (SIVE) considering a dual listing in the U.S., which was officially confirmed by the company about 48 hours later, is not a coincidence and is highly likely to involve information leakage.Jonas Myrdal pointed out that the relevant information was published and continuously promoted on the X platform by an anonymous account with about 200,000 followers before the official disclosure, which subsequently led to a significant increase in the company's stock price within a short period. This pattern of behavior is similar to a previous case involving "pump-and-dump" manipulation, in which three individuals were convicted of serious market manipulation. He further suggested that the Nasdaq exchange should investigate this incident and assess whether there are violations of the EU Market Abuse Regulation (MAR). Currently, the source of the information leak is still under investigation.Previously, the "new stock god" Serenity posted on the X platform, seemingly "calling" Sivers, and expressed an optimistic outlook after further reviewing the latest earnings call content of Sivers Semiconductors. The company's management stated that "viewing ecological partners as competitors is not the correct mindset in a super cycle where demand far exceeds supply," reflecting the current strong demand in the photonics industry. Additionally, the photonics business pipeline has rapidly grown over the past five months, driving an overall revenue pipeline increase of 77%.

According to CNBC, SpaceX officially submitted its IPO prospectus last week, but its CEO Musk recently posted on social media, revealing significant discrepancies between the details of the company's agreement with Anthropic for computing power rental and the content of the prospectus.The prospectus shows that the cooperation between the two parties will last until 2029, with a monthly rent of $125 million; however, Musk stated that the agreement is only a short-term lease of 180 days, and both parties can terminate the cooperation with 90 days' notice.This discrepancy makes it difficult for investors to assess the company's valuation, and industry experts have raised questions about the regulatory compliance of the information disclosure. Additionally, analysts pointed out that the prospectus is missing several key data points.SpaceX is expected to go public on June 12, with the company's valuation currently exceeding $1 trillion, and it continues to operate at a loss.

France's top market regulator warns cryptocurrency companies that if they do not obtain an EU operating license by the end of June, they may be blacklisted and prosecuted.According to the EU cryptocurrency regulation (MiCA), cryptocurrency companies must obtain a license by June 30 to continue operating in the EU. European regulators have previously warned that unlicensed companies need to develop an "orderly exit plan."

The Southern District Prosecutors' Office of Seoul, South Korea, has detained and prosecuted 2 individuals and prosecuted 3 individuals without detention in relation to the Rug Pull case of the Solana meme coin CATFI on decentralized exchanges (DEX). The prosecution stated that this is the first case applying the unfair trading provisions of the Virtual Asset User Protection Act and also the first case to detain and prosecute the main perpetrator of a DEX Rug Pull case.

SpaceX's initial public offering (IPO) prospectus (Form S-1) shows that there is extensive business and equity overlap among several companies owned by Elon Musk. In this 330-page document, "Tesla" is mentioned 87 times, "xAI" appears 356 times, "X" appears 267 times, and "The Boring Company" and "Neuralink" are mentioned 7 times and 3 times, respectively. In terms of equity, Tesla holds approximately 19 million shares of SpaceX Class A common stock, accounting for less than 1%. In February of this year, after Musk merged his artificial intelligence company xAI with SpaceX, Tesla's shares in xAI were converted into SpaceX shares.In terms of business transactions, SpaceX purchased $131 million worth of Cybertrucks from Tesla at the manufacturer's suggested retail price. Previously, it was reported that SpaceX purchased 1,279 Cybertrucks in the fourth quarter of 2025, and the prospectus suggests that the actual purchase quantity may be higher. Additionally, SpaceX purchased $697 million worth of Megapack energy storage batteries from Tesla in 2024 and 2025 to stabilize peak demand at its Colossus I and II data centers located in Memphis, Tennessee.The prospectus also reveals the financial pressures brought about by the merger. SpaceX will allocate approximately 60% of its capital expenditures (about $20 billion) to xAI in 2025, but xAI's revenue grew only 22% year-over-year last year, and it incurred losses amounting to billions of dollars. In the risk factors section, SpaceX explicitly lists Musk himself as a major risk. The document states that the company "is highly dependent on Musk's continued services," and his leadership, vision, and technical expertise are crucial to the company's future.At the same time, SpaceX acknowledges that Musk is not always 100% focused on company affairs, and several of his companies may compete with each other or encroach on each other's business in certain areas. Musk is not restricted from engaging in activities that may directly compete with SpaceX, which could lead to potential conflicts of interest in the future. Furthermore, Musk's statements and actions may have positive or negative impacts on the company's business, customer relationships, regulatory relationships, or stock price.

According to CNBC, SpaceX plans to publicly release its IPO prospectus as early as next week, aiming to start a global roadshow on June 8 to formally introduce the deal to investors. The company secretly submitted its IPO application in April this year. This IPO is expected to become the largest in history. In February this year, SpaceX completed a merger with Elon Musk's artificial intelligence company xAI, resulting in a post-merger entity valuation of $1.25 trillion. Reports indicate that the company's target fundraising scale for the IPO is about $70 billion to $75 billion, more than double the record set by Saudi Aramco in 2019. The expected valuation for the SpaceX IPO has risen from $1.75 trillion to $2 trillion. According to regulations, the prospectus must be made public at least 15 calendar days before the roadshow begins, but SpaceX and its advisors hope to disclose it earlier to give investors more time to digest the financial data. Due to the unprecedented scale of this stock sale, SpaceX's advisory team is seeking special sales channels, particularly targeting retail investors outside the U.S. who prefer long-term holdings, including engaging with brokers in countries such as the UK, Japan, and Canada to secure allocation shares for their clients. As a result of this news, satellite and space concept stocks like Redwire, AST SpaceMobile, and Rocket Lab surged by 22.08%, 10.96%, and 6.77% respectively on the 14th.

OKX will launch PROS/USDT (Pharos) spot trading on May 13 at 18:00. Users can deposit funds on the same day starting at 12:00, place advance orders from 17:00 to 18:00, and withdraw funds starting at 20:00.

According to Cointelegraph, the U.S. Department of Justice disclosed that Elijah Armstrong, Nino Chindavanh, and Jayden Rucker have been charged with home invasion and kidnapping targeting cryptocurrency holders in the San Francisco and Los Angeles areas, involving at least $6.5 million.Prosecutors stated that the three pretended to be delivery personnel to forcibly enter residences and threatened victims with violence to hand over their cryptocurrency wallet recovery phrases. The indictment shows that between November 22 and December 31, 2025, at least four individuals were targeted, with one victim being forced to transfer $6.5 million worth of cryptocurrency.

ZachXBT posted on platform X, revealing that crypto KOL and former Fortnite professional player Yelo has been charged with money laundering for threat actors through his luxury car rental business in Miami, facing up to 30 years in prison.

According to the official announcement, Bithumb will launch the PROS KRW trading pair.

UPBIT will launch trading for Pharos (PROS) on May 8 at 20:30, supporting KRW, BTC, and USDT markets. Users are advised that the deposit service will be available 1 hour and 30 minutes after the announcement is made.

According to Cryptopolitan, a court in Barcelona is investigating six former Sevilla FC players for their alleged involvement in a fraud case related to the Shirtum crypto project.Newly submitted criminal complaints indicate that the project is accused of selling fake NFTs and manipulated tokens to investors, resulting in losses of over 24 million euros, approximately 28 million dollars. The players named in the complaint include Papu Gómez, Lucas Ocampos, Ivan Rakitić, Nico Pareja, Alberto Moreno, and Javier Saviola. Additionally, El Correo de Andalucía reports that Diego Perotti and Marcelo Guedes were also involved in promoting the project. Thirteen Spanish investors have filed a lawsuit with the Barcelona Investigative Court No. 5, claiming they lost all their funds.It is reported that Shirtum was promoted as a digital collectibles trading platform for football and sold "cinematic NFTs" containing player photos and recordings, priced at around 450 euros each. However, the complainants claim that these NFTs were never minted on any blockchain and cannot be transferred or resold. Furthermore, Shirtum's promoters previously obtained about 3 million euros in BNB from investors for the development of iOS and Android mobile applications, but the app was never launched, and the related funds were neither refunded nor accounted for.

The South Korean prosecution has formally requested the court to sentence the former CEO of the cryptocurrency platform Delio, Jeong Sang-ho, to 20 years in prison, accusing him of committing large-scale economic fraud. In the closing statement at the Southern District Court of Seoul, the prosecution cited the local economic crime aggravated punishment law, directly pointing out that the suspect had long deliberately deceived and falsely advertised, causing approximately 2,800 investors' funds to be trapped and difficult to redeem.The prosecution pointed out that the defendant had a clear subjective intent to defraud, the losses involved were enormous, and he subsequently refused to cooperate with the investigation and deliberately shirked responsibility, continuously exacerbating the losses and difficulties faced by the victims. Therefore, they are seeking a strict sentence according to the law.

According to the official announcement, Bitget has launched U-based AIGENSYN and PROS perpetual contracts, with a maximum leverage of 20 times. The contract trading BOT will also be opened simultaneously.

According to Jinshi reports, Federal Reserve Chairman Powell stated that the outlook for rising core inflation is realistic.