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Visa has invested in the AI programming platform Replit to promote the development of agentic payments and explore how developers and AI agents can directly receive payments within the platform.

According to Bloomberg, AI programming startup Cognition AI announced the completion of a new funding round of over $1 billion, with a post-funding valuation of $26 billion, more than doubling the valuation from the last funding round in September 2025.This round of financing was co-led by Lux Capital, General Catalyst, and 8VC, with follow-on investments from Ribbit Capital, Atreides Management LP, and Peter Thiel's Founders Fund, among others.

The Korea Exchange activated the circuit breaker for KOSPI due to a 5% rise in KOSPI 200 futures, and program trading was suspended for 5 minutes.

XRP Ledger developers submitted a draft amendment called "AMM Swappable Curves," which plans to introduce three types of swappable curves for the XRPL native automated market maker: constant product, concentrated liquidity, and StableSwap, with a programmable Smart AMM to be added later. This upgrade aims to allow liquidity providers to choose more suitable pricing curves based on asset types, thereby improving capital efficiency.Concentrated liquidity is suitable for trading pairs where most transactions are concentrated within a specific price range, while StableSwap is more appropriate for assets that are close to a 1:1 exchange, such as stablecoins or pegged assets. Existing AMM pools will continue to use the current constant product model and will not require migration. This proposal is seen as an important step in addressing the shortcomings of the DeFi infrastructure on XRPL.Currently, there are over $3 billion in tokenized real-world assets on the XRPL chain, including a recent pilot for tokenized U.S. Treasury redemptions completed by Ripple and JPMorgan. However, to enable these assets to trade, lend, or generate yield more efficiently, a more mature DeFi liquidity infrastructure is still needed. Nevertheless, this proposal is still in the draft stage and will need to go through the XRPL amendment voting process, which may take several months, and there is still uncertainty about whether it will ultimately pass.

According to the Hunan Daily, on February 9 at around 8 PM, the public security agency in Baojing, Hunan Province, China, received a report from a victim, Mr. Liu, from another province who had been scammed. He claimed that he was defrauded while purchasing virtual currency USDT online, with a total loss of 100,000 yuan. After receiving the report, the Baojing County Public Security Bureau dispatched a team of elite officers to form a special investigation group and began investigating the case overnight.The investigating officers used various investigative methods to ultimately identify the suspect as Shi. Upon investigation, it was found that the suspect Shi had no fixed income and did not possess qualifications for virtual currency trading. To defraud others, he collected screenshots of others trading coins online, forged false profit records, and impersonated a senior "coin dealer" to gain their trust. Victim Mr. Liu believed him and transferred 100,000 yuan to the account designated by Shi. After receiving the payment, Shi did not deliver the virtual currency; instead, he used part of the funds for gambling and squandered the rest, splitting and hiding the remaining funds.The investigating officers quickly identified Shi's identity and activities by accurately analyzing the flow of funds and comprehensively securing evidence related to the case. They decisively acted on the night of the report and successfully apprehended Shi. The next day, the case was officially filed for investigation. After solving the case, the police consistently adhered to the principle of "solving the case and recovering losses equally," patiently conducted legal policy education, and actively mobilized the suspect's family to cooperate in the restitution, ultimately recovering the full amount of 100,000 yuan involved in the case. On the morning of May 14, the 100,000 yuan of fraudulently obtained funds was fully returned to victim Mr. Liu. Currently, the suspect Shi has been subjected to criminal coercive measures for suspected fraud, and the case is under further investigation.

According to a report by Shangguan News, on May 17, 2026, an elderly man in his 70s, Mr. Gong, from Shuxin Town, Chongming, Shanghai, was deceived by a scammer posing as an "investment mentor" on a short video platform. He was lured into investing in Bitcoin with the bait of "low investment, high returns" and attempted to withdraw 100,000 yuan in cash for transfer at different bank branches twice.After noticing the unusual behavior, the bank teller activated the anti-fraud warning mechanism and coordinated with the police to intervene and dissuade him. The police explained to the elderly man, using real cases, that virtual currency trading and speculation are explicitly prohibited in the country, and that so-called "Bitcoin investments" are all scams. They helped him delete the fraudulent software and block the scammer on WeChat on the spot. After two rounds of patient persuasion from the police and the bank, the elderly man ultimately recognized the scam and gave up the transfer.

According to on-chain analyst Yu Jin's monitoring, the suspected investment fund Gamma Fund address transferred 5,480 ETH to Binance, worth 11.93 million USD.In just over 2 days, they transferred a total of 11,035 ETH (24.46 million USD) to Binance, essentially selling all 11,215 ETH that were bought at the bottom of 1,999 USD in March, making a profit of 2.4 million USD.

According to on-chain analyst Yu Jin (@EmberCN), the suspected investment fund address gammafund.eth redeemed 5,555 ETH from ether.fi about 6 hours ago, worth approximately $12.53 million, and transferred it to Binance.This address previously purchased 11,215 ETH in March of this year at a price of about $1,999, totaling approximately $22.42 million; based on the cost corresponding to this transfer, it has an unrealized profit of about $2.87 million. In addition, this address currently has about 5,500 ETH still in the redemption application, which may be completed next week.

According to on-chain analyst Yu Jin (@EmberCN), the suspected investment fund address gammafund.eth redeemed 5,555 ETH from ether.fi about 6 hours ago, worth approximately $12.53 million, and transferred it to Binance.This address previously purchased 11,215 ETH at a price of about $1,999 each in March this year, totaling approximately $22.42 million; based on the cost corresponding to this transfer, it has an unrealized profit of about $2.87 million. Additionally, this address currently has about 5,500 ETH still in the redemption application, which may be completed next week.

According to 10x Research analysis, since mid-January, the total gamma exposure of Bitcoin has remained negative, currently reaching -3.2 billion dollars at the strike price of 82,000 dollars. In a negative gamma environment, market makers are forced to trade in the direction of the trend, accelerating buying during price increases and accelerating selling during price decreases, which exacerbates price volatility.As the options expiration on May 29 and June 26 approaches, the negative gamma suppression effect is expected to gradually dissipate, and the downward bias of Bitcoin will subsequently ease. Currently, the market demand for call options is significantly higher than for put options, and institutions expect that market sentiment will shift from bearish to bullish at that time.

BTC IV 39%, ETH IV 55%; ETH Skew is at a critical turning point------the mid to long term stabilizes at +2 to +5, while the short term has repeatedly dropped to -10 but quickly returned to zero. If ETH stabilizes above $2,400, the short term turning positive will resonate with the mid to long term, confirming a shift from event hedging to upward chasing. The BTC/ETH GEX Term Structure shows that the near-month Gamma has clearly turned positive, with ETF inflows and Call accumulation driving a positive Gamma slow bull structure------under a Long Gamma environment for market makers, the short term is inclined towards high-level fluctuations and slow increases, with IV retreating. Bull Call Spread and selling Put strategies are dominant, but the far month retains negative Gamma reflecting ongoing tail hedging demand. In terms of block trades, 1,001.8 BTC 5/8 expiration $88K Calls were traded, and 14,288 ETH 5/15 expiration $2,600 Calls were traded, indicating clear bullish signals from institutions.Gate has launched the "Rising Star Trader Support Program" for options, with a total prize pool of $25,000 USDT. During the event, users can earn multiple rewards through options trading, inviting friends, and participating in KOL incubation camps: the highest reward for meeting trading volume standards can reach $3,000, and the highest commission for inviting can reach $2,000. Meanwhile, the platform also provides high-quality traders with 1-on-1 options hedging training, exclusive rate discounts, and traffic support, helping traders enhance their strategy capabilities and market influence, and providing a more competitive trading environment and growth opportunities for professional options users.

On-chain data from Arkham shows that the Vitalik Buterin address (0xAb5...) is intensively selling various Meme tokens, with a transfer frequency reaching several times per minute. The fund flow indicates a continuous inflow of ETH during the same period.The market generally speculates that he is using automated scripts to batch liquidate the airdrop junk tokens in the wallet. The amount per transaction is generally in the range of tens to hundreds of dollars. This type of operation is not the first time. In 2021, Vitalik sold or donated a large number of Meme coins (including SHIB, etc.) that were airdropped to his address, causing significant market fluctuations. It is currently unclear whether this operation is manually triggered or entirely executed by automated programs. Given the market influence of the Vitalik address, holders of related Meme coins need to pay attention to potential selling pressure risks.

Pump.fun has completed the destruction of all previously repurchased PUMP tokens, involving an amount of approximately $370 million, accounting for about 36% of the circulating supply. Meanwhile, Pump.fun announced the launch of a programmatic buyback and burn mechanism, which will use 50% of net income over the next year to repurchase $PUMP on the open market and immediately burn 100%. This mechanism is executed through an irreversible smart contract, covering the revenue sources of Pump.fun's three major product lines: the joint curve, PumpSwap, and Terminal. The execution process includes four steps: fee aggregation, intermediate wallet integration, and buyback and burn, which can be tracked in real-time via fees.pump.fun.The remaining 50% of the income will be used to support business operations and ecological development, including team expansion, strategic investments, and marketing. Pump.fun stated that this move aims to address the community's concerns about the long-term value of the token and the transparency of the buyback mechanism, with the goal of continuously reducing the circulating supply.

According to foreign media citing informed sources, Cognition AI is in the early negotiation stage of a new round of financing. The company is leveraging the growing demand for software development generative artificial intelligence technology, and this round of financing will more than double its valuation to reach $25 billion.One informed source stated that the goal of this AI programming startup is to raise hundreds of millions of dollars or more. Negotiations are ongoing, and the terms may change.

SpaceX posted on the X platform that it has reached a cooperation intention with AI programming startup Cursor, which grants SpaceX the right to acquire it later this year for $60 billion, or to pay $10 billion to advance cooperation between the two parties. Cursor is a rapidly growing artificial intelligence startup focused on developing code writing software.

Cointelegraph Research's latest report shows that the United Nations Development Programme is applying blockchain technology to the construction of public digital infrastructure, focusing on addressing issues of transparency, collaborative efficiency, and trustworthy data sharing in government systems.The report "New Tech, New Partners" outlines 42 practical cases covering areas such as digital payments, financial inclusion, climate funding, data governance, and community investment, among which 7 focus on digital identity and data systems, primarily distributed in developing economies in Africa, Latin America, Asia, and Eastern Europe. The research points out that UNDP adopts a "pilot---validate---scale" approach, collaborating with governments, developers, and local businesses to first implement small-scale projects and then gradually promote them based on actual results. It also emphasizes a "platform-agnostic" architecture to maintain system openness and interoperability. Furthermore, the report highlights the importance of governance and risk control, stating that the application of blockchain in public systems requires accompanying privacy protection, regulatory frameworks, and audit mechanisms to prevent data misuse and smart contract risks. Overall, blockchain is extending from financial scenarios to public governance infrastructure, becoming one of the important technological options for digital transformation in various countries.

According to researcher Vadym's analysis, DeFi is expected to generate approximately $8 billion in on-chain revenue by 2025. The largest source is AMM trading fees, accounting for about $4.2 billion, with Uniswap, Meteora, and Raydium making up 62%; lending interest is the second largest source, around $1.76 billion, with money markets like Aave and Morpho contributing over 60% of DeFi's total TVL, although about half of the lending demand is due to cyclical leverage operations.RWA contributes $600 million to $900 million, with U.S. Treasury bonds making up about 41% of the RWA market. Perpetual contract funding rates contribute about $300 million, mainly from Ethena. It is noteworthy that more than half of the stablecoin deposit yields in the Ethereum ecosystem are below U.S. Treasury bond rates. Potential sources of revenue such as insurance underwriting and on-chain options have yet to be fully developed. Analyzing Sky (formerly MakerDAO) as an example, it is pointed out that about 70% of its revenue comes from off-chain assets, reflecting that TradFi revenue is accelerating into DeFi through licensed channels.

CZ posted on platform X that anyone claiming to be able to help projects get listed on Binance can be considered a scammer, especially those who claim to know CZ or have a close relationship with him.He stated that in 99.999% of cases, he does not know these people, and if he does know them, he will blacklist them. He reminded users to pay attention to safety.

According to market news, the domain name of the Bitcoin wallet Samourai Wallet, which was once famous for its privacy features, has now been taken over by scammers after being seized by the FBI, and is being used to host phishing sites to steal Bitcoin.Domain records show that the website was registered through a privacy protection service, and the current owner's identity is unknown. Multiple users on the X platform have reported the phishing site to the domain registrar NameCheap, requesting the site be shut down, but have not yet received a response.