init

The Temporal team submitted an upgrade proposal SIMD 547 within the Solana governance forum, aiming to adopt a resource demand-based fee model on Solana (new fees will be 100% burned), thereby aligning costs with computational usage and increasing the burn rate of SOL as network activity grows.

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 CoinDesk, Ripple is leading a financing plan of at least $1 billion, intending to establish a publicly traded treasury company focused on holding XRP through a special purpose acquisition company (SPAC).The report states that this entity will use the raised funds to continuously increase its holdings of XRP, and Ripple is also expected to inject some of its own XRP holdings into the treasury. The terms of the related transaction are still under discussion, and the final plan may be adjusted.If successfully implemented, this will become the largest known XRP treasury plan to date. Market analysts believe that this move will test institutional investors' acceptance of the XRP treasury model and whether the digital asset treasury company model can expand from Bitcoin to other mainstream crypto assets.Currently, the market capitalization of XRP is approximately $138 billion, making it one of the top-ranking crypto assets globally. Since the beginning of this year, XRP has seen a cumulative increase of about 13%.It is worth noting that as the crypto market has recently experienced increased volatility, the stock prices of some digital asset treasury companies have come under pressure, and the market has begun to pay attention to whether similar models are facing demand saturation. However, if this plan is ultimately implemented, it may bring a new source of institutional buying for XRP and further strengthen its narrative in the capital markets.

According to Jinshi, the number of initial jobless claims in the U.S. for the week ending May 23 (in ten thousand): previous value 20.9, expected 21.1, announced 21.5.The number of continuing jobless claims in the U.S. for the week ending May 16 was 1.786 million, slightly higher than the market expectation of 1.78 million. The previous value was revised from 1.782 million to 1.771 million.

According to The Block, the Office of Information and Regulatory Affairs (OIRA) under the Office of Management and Budget of the White House stated on its website on Tuesday that it has received the proposed rules for prediction markets submitted by the Commodity Futures Trading Commission (CFTC) and is currently under review. A CFTC spokesperson stated that more information will be released after the OIRA review is completed.CFTC Chairman Michael Selig has consistently argued that prediction markets fall under the "exclusive jurisdiction" of his agency and has filed lawsuits against five states, including Wisconsin, Illinois, Arizona, Connecticut, and New York. Trump publicly supported Selig on Tuesday, stating that the CFTC's exclusive jurisdiction over prediction markets is "critical."

Ju.com’s official Chinese account has issued a notice stating that to cooperate with the financial audit of the group’s listing entity, the platform will initiate a special compliance review to enhance the transparency of fund management and the security of accounts.The notice requires users to promptly supplement or update KYC compliance materials according to the prompts on the page. Withdrawals can only be requested after submission and approval. The platform indicated that the withdrawal process is expected to return to normal after the completion of the financial audit.

According to Bloomberg, the Dutch government has blocked the proposed acquisition of Dutch cloud service provider Solvinity Group BV by the American company Kyndryl, citing security concerns. Dutch Minister of Digital Economy Willemijn Aerdts stated in a letter to Parliament on Tuesday, "The proposed acquisition of Solvinity may pose a risk to the public interest." She also announced a "complete ban" on the transaction, which was already close to completion.

According to Jinshi reports, the number of Americans applying for unemployment benefits decreased by 3,000 last week, to 209,000, indicating resilience in the labor market and providing space for the Federal Reserve to address inflation. Although economists expect the number of unemployment benefit applications to increase due to seasonal factors in the summer, the labor market is currently still stagnant. Financial markets expect the Federal Reserve to maintain the benchmark overnight interest rate in the range of 3.5% to 3.75% until next year.

According to Jinshi reports, the number of initial jobless claims in the United States for the week ending May 16 was 209,000, lower than the market expectation of 210,000, and the previous value was revised from 211,000 to 212,000.

According to Gate market data, the Nasdaq index fell more than 1% at the beginning of the session.

According to the Times of India, a well-known private doctor in Guntur, India, lost approximately 1.3 billion rupees (about 1.5 million USD) due to a cryptocurrency investment scam. The police have launched an investigation based on the victims' reports and are tracking the flow of related funds and the cybercrime gang.The report states that the scammers promoted high returns on cryptocurrency investments to victims through online platforms and initially displayed false profit data to gain trust. The doctor then continued to invest more and even persuaded friends and family to invest together. It was only when attempting to withdraw funds that the platform began to delay or refuse withdrawals for various reasons. Although the account page still showed significant "profits," the funds could not be withdrawn, and the victims eventually realized they had been scammed.The police suspect that the case involves an organized cross-border cyber fraud group and are currently investigating related bank accounts, digital wallets, and transaction records.

Musk stated that he hopes to advance SpaceX's initial public offering (IPO) "soon." SpaceX may achieve complete rapid reusability of rockets this year, which is crucial for the survival of life beyond Earth.

According to monitoring by Hyperinsight, address 0x860 has currently become the largest loss-making whale among BTC longs on Hyperliquid. This whale entered the market to bottom out BTC 220 days ago, on October 11 last year, after a market crash, using 29x leverage to build a position with an average price of $109,632, with a position size of $13.2 million. In the early stages of building the position, this long position brought considerable floating profits within 10 days, but since BTC fell below its average entry price on October 30 last year, the position has not returned to profit. As of the time of writing, this whale has not closed the position and has held on until now, with current floating losses reaching $3.94 million, about 12 times the initial capital.It is estimated that, considering the overall capital size of tens of millions from this address, this $13.2 million position corresponds to an actual leverage ratio of only about 1.1 times, but the floating losses have still eroded about 30% of the overall capital in the account. Address: 0x8607a7d180de23645db594d90621d837749408d5

According to Bits.media, the U.S. Department of Justice has announced the initiation of a compensation program for victims of the cryptocurrency mining scam AirBit Club. Founded in 2015, AirBit Club operated a financial pyramid scheme under the guise of cryptocurrency mining and virtual currency trading platforms. U.S. authorities have seized over $400 million in assets for compensation. Victims who previously provided information to the FBI or prosecutors will be contacted by RCB Fund Services. Prosecutors stated that there are no fees for the compensation process.The founder of AirBit Club was charged with money laundering and fraud by the Southern District of New York in August 2020, and the trial concluded in September 2023, with the court ordering the forfeiture of all fraud proceeds, including over 16,000 bitcoins.

THORChain officials stated that a large number of fake accounts and false information have appeared in the market, involving activities such as "refunds," "airdrops," and "compensations"; preliminary investigations show that user funds were not harmed in the previous security incidents, and no refund, airdrop, or compensation plans are currently underway. Any accounts claiming otherwise are impersonating or spreading false information. Progress on the investigation and more information will be announced later.

According to Jinshi reports, the number of initial jobless claims in the United States for the week ending May 9 was 211,000, exceeding the market expectation of 205,000. The previous value was revised from 200,000 to 199,000.

According to monitoring by Hyperinsight, in the past two hours, Ma Ji Huang Li Cheng has once again rolled over and increased his ETH long position by about 550 units, raising the average entry price and pushing the liquidation price up to $2,220. The current price of ETH is only $47 away from its liquidation line, and the $20.4 million long position has become the closest ten-million-level ETH long to liquidation on the Hyperliquid platform since Ma Ji last fully exposed all funds on March 26, having accumulated a deposit of $1.195 million to the platform.As of the time of writing, the actual funds in the account are only about $850,000. Frequent rolling and trading operations over the past one and a half months have not only failed to accumulate profits but have instead resulted in a net loss of about $345,000. Currently, this address holds a $20.4 million ETH long position and a $4 million BTC long position, with a total unrealized loss of about $500,000.

Strategy's STRC Bitcoin accumulation has begun, and sufficient funds have been raised to purchase 17 BTC.

Slow Fog issued a security warning stating that Aurellion was attacked, resulting in a loss of approximately 455,003 USDC (about $455,000).Analysis pointed out that the root of the vulnerability lies in the lack of effective protection in the initialize(address) function of the SafeOwnable Facet. Since the Diamond contract did not go through the initialize path when setting the owner, the _initialized version slot was not updated correctly, allowing the attacker to reinitialize the contract and override owner permissions.Subsequently, the attacker called diamondCut to inject a malicious Facet and transferred the USDC assets of authorized users through the malicious pullERC20 function, ultimately completing the theft of funds.