siv

According to Jinshi reports, Citigroup strategists have stated that the excessive bullish positions in U.S. tech stocks are putting investors at risk of a market reversal.The Citigroup team pointed out that the ongoing enthusiasm for artificial intelligence has pushed bullish market bets to the limit, particularly making the Nasdaq 100 index vulnerable to shocks. Since hitting a bottom in late March, the S&P 500 index has risen by 20%, and the Nasdaq 100 index has soared by 33%.

Polymarket announced on Thursday that it has signed an exclusive partnership agreement with the Berlin digital football platform OneFootball, which will connect the prediction market to OneFootball's 200 million monthly active users and 645 million fan ecosystem about two weeks before the start of the 2026 FIFA World Cup. Polymarket will be the only prediction market partner within the OneFootball app, and competitors like Kalshi will not be allowed to enter this product.This is Polymarket's seventh major football partnership this year and the first collaboration aimed at media application distribution channels, having previously signed agreements with MLS, LaLiga, Serie A, Lazio, and DAZN.According to analysis by the Pew Research Center, since July 2024, sports have accounted for 39% of Polymarket's total trading volume. The 2026 World Cup champion market has seen a cumulative trading volume of over $1.2 billion since its launch last July, while the broader World Cup category market totals approximately $1.3 billion.OneFootball has previously launched the OFC token based on Base and Ethereum, as well as the points system BALLS. The integration with Polymarket will convert user engagement into actual transactions. OneFootball has raised over $300 million in funding, with investors including Liberty City Ventures, Animoca Brands, and Adidas.

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 BusinessInsider, billionaire investor and hedge fund founder of Third Point, Dan Loeb, stated in a podcast that current market concerns about the "bubble theory" of artificial intelligence (AI) are greatly exaggerated, and the development stage of the AI industry is completely different from that of the internet bubble period.Loeb pointed out that technology giants, including Alphabet, Microsoft, Amazon, and Meta, have collectively exceeded $700 billion in capital expenditures this year, which may reach $1 trillion next year, with the vast majority allocated for AI infrastructure development. He stated that to believe these capital expenditures will not yield returns is equivalent to thinking that companies are "burning money for no reason," but currently, these companies have strong profitability and ample cash flow, allowing them to support investments with their own balance sheets.Loeb emphasized that this is different from the situation during the internet bubble when "valuations detached from fundamentals," and does not constitute a traditional valuation bubble. He also mentioned that AI companies like Anthropic are experiencing rapid revenue growth and accelerated product applications, indicating that the industry is still in the early stages of expansion.Reports indicate that Anthropic's latest financing valuation is nearing $965 billion, with annualized revenue jumping from $14 billion to $47 billion, further strengthening market confidence in the commercialization potential of AI.However, there are still some investors in the market, including Michael Burry, who express concerns about the overheated valuations of AI, believing that massive investments may struggle to yield corresponding returns. Loeb, on the other hand, stated, "We haven't even scratched the surface of AI development," and believes that we are still in the early stages of long-term growth.

According to Reuters, private equity giant Apollo Global Management and Blackstone Group are bringing in more investors for a debt financing deal worth approximately $36 billion to help Anthropic build its artificial intelligence infrastructure.Insiders revealed that this debt financing will be used to purchase Google-customized TPU (Tensor Processing Unit) chips, which will then be leased by Anthropic. Broadcom, which assisted Google in developing the chips, will provide guarantees for the majority of the funds in this transaction.This move is expected to become one of the largest private credit transactions in history and may also be the largest chip financing debt transaction to date. The plan aims to provide computational power support for Anthropic by leveraging Broadcom's creditworthiness.

According to the official Gate page, the total issuance of GUSD on the Gate platform has surpassed 171 million, and the current annualized yield for GUSD issuance is reported at 3.0%.Meanwhile, the Gate Launchpool CTR project is ongoing, with the GUSD mining pool's annualized yield currently reported at 9.68%, the BTC mining pool's annualized yield at 3.41%, and the CTR mining pool's annualized yield at 164.97%. Users participating in the Launchpool GUSD mining pool can also earn additional GUSD issuance rewards, with the current comprehensive reference annualized yield reaching 12.68%, forming a dual income model of "issuance rewards + mining pool rewards," which enhances the efficiency of capital utilization while further increasing the flexibility of asset returns.GUSD is a high-quality yield asset supported by Gate ecosystem revenue, government bond RWA, and stablecoins. The product supports trading and collateral, allowing users to earn daily returns, aiming to provide users with relatively stable returns.

The U.S. Commodity Futures Trading Commission (CFTC) has disclosed that it has filed a lawsuit in the U.S. District Court for Rhode Island to prevent the state from applying its gambling laws to contract markets registered with the CFTC. CFTC Chairman Michael S. Selig stated that exchanges registered with the CFTC are facing numerous lawsuits aimed at restricting Americans' participation in event contracts, which undermines the CFTC's exclusive jurisdiction over prediction markets.Selig emphasized that event contracts are commodity derivatives and fall entirely within the CFTC's regulatory scope. The CFTC is also facing similar jurisdictional challenges in states such as Arizona, Connecticut, Illinois, New York, and Minnesota. The CFTC stated that the Commodity Exchange Act grants it exclusive jurisdiction over event contracts.

In response to The Information's report that "Polymarket plans to require users to complete KYC due to compliance pressure," Polymarket's Vice President of Engineering, Josh Stevens, stated that the report is not true.Josh Stevens indicated that Polymarket is currently testing a new beta product that only requires some trial users to complete KYC verification during the testing period; the existing Polymarket website has not added any KYC requirements.He further stated that after the testing of this product ends, users will no longer need KYC to use it.

According to Jinshi reports, U.S. President Trump stated on social media that it is crucial to maintain the exclusive jurisdiction of the Commodity Futures Trading Commission (CFTC) over prediction markets. He mentioned that prediction markets must be allowed to thrive and that "road rules" are being developed to become the gold standard for states. He emphasized that other countries are competing for this new type of financial market, and the U.S. must maintain its leading position and protect the global cryptocurrency industry.

According to CoinDesk, European stablecoin issuer StablR has suspended the minting and redemption of USDR and EURR due to a hacker attack, and has requested exchanges to stop trading and deposits/withdrawals of the two currencies. The attacker exploited a vulnerability in its Ethereum 1-of-3 multi-signature wallet with a low threshold, compromised a single private key, added themselves as an administrator, and removed the original signers, resulting in the over-issuance of approximately 8.35 million USDR and 4.5 million EURR, valued at approximately $13.5 million at the pegged price, with actual cashing out around $2.8 million.The incident led to both stablecoins being under-collateralized, no longer meeting the MiCA requirement of a 1:1 full reserve. USDR briefly depegged but recovered to about $0.994, while EURR fell to about $0.548. StablR stated that it has initiated an investigation and will report to the Maltese regulators and relevant authorities.

According to Business Insider, the blockchain venture capital firm BlockBooster announced the launch of its first fund, BlockBooster Digital Venture Fund I, on May 15, with a scale of $50 million. The fund focuses on four major tracks: AI infrastructure, on-chain transaction ecosystems, on-chain asset management, and tokenization of real-world assets (RWA), marking the company's formal entry into the digital economy as a comprehensive alternative asset manager.

According to BTCtreasuries, the U.S. Bitcoin-only exchange River disclosed that it holds 437 BTC on its corporate balance sheet, making it the 9th largest private BTC treasury holder. It custodies over 25,000 BTC for its clients, and its proven reserve ratio is above 100%.

According to The Block, the Commodity Futures Trading Commission (CFTC) and the Department of Justice jointly filed a lawsuit against Minnesota Governor Tim Walz and related officials on Tuesday local time, because the state signed the SF 4760 bill, becoming the first in the nation to explicitly and comprehensively ban prediction markets, which will take effect on August 1, 2026.The CFTC argues that prediction markets fall under federally regulated derivatives and "swap" products, and that state governments do not have the authority to criminalize or prohibit them, requesting the court to issue a permanent injunction against the law.

The U.S. Commodity Futures Trading Commission (CFTC) and the Department of Justice have sued the state of Minnesota and Governor Tim Walz, opposing the state's newly signed prediction market ban. The new Minnesota law will take effect on August 1, prohibiting users from participating in prediction market trading related to outcomes such as sports, weather, company valuations, and government events. The CFTC stated in the lawsuit that this is the first state-level law in the U.S. that explicitly and comprehensively bans prediction markets. The CFTC and the Department of Justice believe that the relevant products fall under federally regulated derivatives and "swap" contracts, which should be exclusively regulated by the CFTC, and that the state government has no authority to classify them as illegal gambling or to prohibit them. This lawsuit further intensifies the jurisdictional conflict between federal regulators and state gaming regulatory agencies. Previously, the CFTC had sued states like Illinois, Arizona, and Connecticut, opposing their attempts to shut down prediction market platforms such as Kalshi and Polymarket.

According to Jinshi reports, Federal Reserve's Goolsbee stated that if interest rates are cut too much, it will further trigger inflation.