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4 hours ago

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THORChain Halts Trading Amid Suspected $10M Cross-Chain Attack

THORChain, a cross-chain protocol, has reportedly been attacked, affecting Bitcoin, Ethereum, BNB Chain, and Base, with potential losses exceeding $10 million. Following the incident, the protocol has suspended trading activities. Community developers recommended and confirmed the execution of a global emergency pause to mitigate further risks.
4 hours ago

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PancakeSwap Enhances Perps System with Order Book and One-Click Trading

PancakeSwap has announced a significant upgrade to its Perps perpetual contracts product, transitioning from a liquidity pool-based model to a full order book architecture. This change aims to improve capital efficiency, price discovery, and trade execution quality. The upgrade introduces a Simple Mode, enabling users to open and close positions with a single click, simplifying the trading process for newcomers. Meanwhile, Pro Mode remains available for advanced traders, offering features like cross and isolated margin, multi-asset collateral, and various order types. The new system supports up to 200x leverage for major trading pairs and allows multiple collateral assets, including BNB, USDT, BTC, and ETH. Additionally, PancakeSwap has unified spot and futures assets under a single wallet system, eliminating the need for cross-chain transfers. The upgraded Perps system is powered by Aster's order book infrastructure, aiming to provide execution quality comparable to centralized exchanges while maintaining on-chain transparency and a non-custodial structure.
4 hours ago

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RUNE Drops Over 10% Amid $7.2M Suspicious Transactions Alert

RUNE experienced a sharp decline of over 10% on May 15, reducing its market capitalization to $199 million. This downturn coincided with an alert from security monitoring firm Cyvers, which reported detecting approximately $7.2 million in suspicious transactions involving the THORChain router. These transactions spanned multiple networks, including Bitcoin, Ethereum, BSC, and Base, raising concerns about potential security issues.
5 hours ago

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JUST Celebrates 6th Anniversary with Gas-Free Carnival and 10,000 USDT Prize Pool

JUST is set to launch its 6th Anniversary Gas-Free Carnival, featuring a 10,000 USDT prize pool. The event, in collaboration with partners like TronLink and Klever Wallet, begins on May 18 at 17:00 SGT. Participants can enjoy a series of rewards, including a welcome bonus, USDT cashback on free transfers, exclusive Pizza Day perks, hidden surprises, and quiz prizes. The celebration invites global users to partake in the festivities and share in the rewards.

JST +0.73% KLV +7.46% TRX -0.82% USDT +0.02%
5 hours ago

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South Korea's KOSPI Plummets 8.4% After Reaching Record High

South Korea's KOSPI index experienced a dramatic 8.4% drop after reaching an all-time high of 8,000 earlier in the session. This sharp decline resulted in a loss of ₩509 trillion ($370 billion) in market value within just six hours. Samsung, a major component of the index, saw its shares fall by 8.61%, contributing significantly to the overall market downturn.
5 hours ago

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YZi Labs Invests $1 Million in AI Agent Protocol TermiX

YZi Labs has announced a $1 million seed round investment in TermiX, an AI Agent business protocol, in May 2025. TermiX is developing a commercial layer for the AI Agent economy, with its core protocol, AACP, enabling AI Agents to autonomously publish, bid, execute, verify, and settle tasks on-chain. The protocol integrates zkVM, TEE, on-chain escrow, staking, penalty mechanisms, and an on-chain reputation system to establish a trusted transaction infrastructure.
5 hours ago

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IREN Raises $3 Billion to Boost AI Cloud Infrastructure

IREN Limited has successfully completed a $3 billion convertible senior notes offering to enhance its AI cloud infrastructure. The offering includes a $2.6 billion base and a $400 million overallotment option, fully exercised, with net proceeds of approximately $2.96 billion. The notes, due 2033, feature a 1.00% interest rate and a 32.5% conversion premium. To mitigate equity dilution, IREN has entered into capped call transactions with an initial cap price of $110.30 per share, costing about $201.3 million. The remaining funds will support general corporate purposes and working capital. IREN specializes in AI cloud services, operating large-scale data centers and GPU clusters across North America, Europe, and the Asia-Pacific region.
5 hours ago

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XDC Network Surges 13% Amid Increased Trading Activity

XDC Network's price surged 12.98% to $0.03584, with trading volume rising 30.62% to $33.42 million, as traders increased their positions. This price movement follows a period of consolidation, with buyers defending the lower range near $0.0292. The market capitalization also grew by 12.98% to $736.58 million, indicating stronger capital inflows. The rally saw a 12.47% increase in Open Interest to $5.78 million, suggesting new market positioning rather than short-covering. This reflects a renewed speculative interest in XDC, as traders anticipate a potential breakout above the $0.0372 resistance level. The Relative Strength Index climbed to 74.56, indicating strong bullish momentum. However, the $0.0372 resistance remains a significant barrier, with previous attempts to break it failing earlier this year.

XDC +7.57%
5 hours ago

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Anthropic Offers $3,850 Weekly to Fellows, Only 40% Secure Full-Time Roles

Anthropic, a leading AI research company, compensates its fellows with a substantial weekly stipend of $3,850. Despite this attractive pay, only 40% of these fellows transition into full-time positions within the company. This statistic highlights the competitive nature of securing permanent roles at Anthropic, reflecting both the high standards and selective hiring practices of the organization.
5 hours ago

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CZ Attributes Binance's Success to User Protection, Global Strategy, and Startup Mindset

Binance founder Changpeng Zhao (CZ) highlighted three key reasons for Binance's sustained industry leadership during an interview with ARK Invest on May 7, 2026. CZ emphasized that prioritizing user protection over company revenue has been fundamental to building trust and maintaining competitiveness. He also credited Binance's global expansion strategy, which offers more flexibility compared to competitors confined to single countries. Additionally, CZ noted that Binance maintains a startup mentality, keeping costs low while ensuring security and high trading volumes, which reinforces long-term trust.

BNB +2.54%
5 hours ago

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Stablecoin Freezing Intensifies Amid Regulatory Scrutiny

Stablecoin freezing activities have surged in 2026, with regulatory bodies intensifying their focus on anti-money laundering (AML) and counter-terrorism financing (CFT) in virtual assets. According to Beosin's analysis, between March and April 2026, 1,397 addresses on the TRON and Ethereum blockchains were frozen, involving approximately $722 million in USDT and USDC. This increase in freezing actions coincides with geopolitical tensions, such as the U.S.-Iran conflict, and highlights the evolving landscape of on-chain AML practices. The Financial Action Task Force (FATF) reported that stablecoins accounted for 84% of illegal virtual asset transactions in 2025, prompting targeted freezes on high-value fund pathways. Notably, Tether, in coordination with OFAC, froze $344 million in USDT linked to the Central Bank of Iran. The analysis also reveals a significant association between frozen addresses and Chinese capital pathways, with 56% of frozen addresses potentially linked to Chinese funds. As blockchain compliance advances, virtual asset service providers are urged to enhance their risk management capabilities. This includes developing on-chain monitoring and behavior analysis tools to detect high-risk activities and implementing real-time alerts for suspicious transactions. The collaboration between stablecoin issuers and law enforcement is expected to strengthen, aiming to build a secure and compliant virtual asset ecosystem.

ETH +0.12% TRX -0.82% USDC +0.01% USDT +0.02%
5 hours ago

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CFTC Allows French Swap Dealers to Use EU Compliance Standards

The Commodity Futures Trading Commission (CFTC) has granted a capital comparability determination for French nonbank swap dealers, allowing them to meet U.S. capital and financial reporting requirements by adhering to French law. This decision, announced on May 12, enables CFTC-registered swap dealers in France to rely on the European Union's Investment Firms Regulation (IFR) and Investment Firms Directive (IFD) instead of maintaining dual compliance with U.S. regulations. The order, termed "conditional substituted compliance," requires firms to notify the CFTC and obtain confirmation before utilizing this framework. Additionally, firms have a 180-day period to comply with any new obligations under the order. This move addresses regulatory fragmentation post-2008 financial crisis reforms, aligning U.S. and EU standards for nonbank financial firms.
5 hours ago

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Federal Reserve's $10B Bid for 10-Year Notes Signals Stability for Crypto

The Federal Reserve has placed a $10 billion bid for 10-year Treasury notes, a move that holds significant implications for risk assets, including cryptocurrencies. The 10-year Treasury yield is a crucial benchmark influencing global finance, affecting everything from mortgage rates to Bitcoin pricing. Recent auction data shows a bid-to-cover ratio of 2.6, indicating strong demand, with indirect demand at 71.2%. These auction results are pivotal as they influence yield trends. Strong demand, as evidenced by the current bid-to-cover ratio, suggests stable or lower yields, which are generally favorable for risk assets like crypto. Conversely, weak demand could push yields higher, making safe government bonds more attractive compared to volatile assets such as Bitcoin. Crypto investors should monitor the upcoming 10-year note auction on May 15, 2026, for insights into future risk asset sentiment.

BTC +1.50%
5 hours ago

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UPBIT to List Irys (IRYS) with Multiple Trading Pairs

UPBIT has announced the listing of Irys (IRYS) on its platform, with trading set to commence on May 15 at 20:00. The exchange will support trading pairs with KRW, BTC, and USDT. Users can begin depositing funds 90 minutes after the announcement, with further details on the exact trading start time to be provided in subsequent updates.

BTC +1.50% IRYS +24.51% USDT +0.02%
5 hours ago

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EU Seeks to Join US-Led Tech Supply Chain Alliance

The European Union is in negotiations to join a US-led coalition aimed at securing supply chains for critical technologies, including AI infrastructure and advanced semiconductors. This alliance, described as a "trusted network," seeks to reduce Western reliance on China for essential tech inputs. The EU's interest aligns with its ongoing efforts, such as the European Chips Act and the Critical Raw Materials Act, to bolster domestic production and secure necessary minerals. Joining this alliance would enhance coordination between the EU and the US, signaling a stronger alignment with Washington's strategies to contain Beijing's technological influence. While the alliance does not explicitly mention cryptocurrencies, its focus on semiconductor supply chains could impact the crypto industry, which relies heavily on advanced chips for mining and infrastructure. China's control over rare earth elements essential for chip production adds a layer of complexity to this geopolitical landscape.
5 hours ago

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Kalshi Leads Prediction Markets with $4.13 Billion Weekly Volume

Kalshi has emerged as the leading prediction market platform, achieving a weekly notional trading volume of $4.134 billion from May 8 to May 15, according to Predictefy data. This volume is approximately 2.13 times greater than that of its closest competitor, Polymarket, which recorded $1.938 billion in the same period. Other notable platforms include Limitless, which ranked third with a weekly volume of $600 million, predict.fun with $232 million, and Opinion with $207 million. These figures highlight Kalshi's dominant position in the prediction market sector.

POLY +0.20%
5 hours ago

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Korea Investment & Securities and OKX Consider Coinone Stake Acquisition

Korea Investment & Securities and OKX are in discussions to jointly acquire approximately 20% of Coinone, South Korea's third-largest cryptocurrency exchange. The potential investment is expected to focus on issuing new shares to maximize capital inflow, indicating a financial investment rather than a change in control. Coinone is currently in talks with multiple companies for strategic equity investment partnerships, though no final decisions have been made. The exchange's major shareholders include The One Group, Com2uS Holdings, Cha Myung-hoon, and Com2uS Plus.
5 hours ago

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DeepSeek 'Bug' Misunderstood as Privacy Breach, Actually Training Data Extraction

A recent social media claim suggesting that DeepSeek's chat interface allows users to access others' historical conversations has been debunked. The issue, initially labeled as a P0-level multi-tenant isolation failure, caused widespread concern over potential privacy breaches. However, the phenomenon is actually a result of training data extraction, where the model generates content resembling real dialogue based on its training data and current system prompts, not from actual user conversations. This behavior is common among large models and not unique to DeepSeek. Studies, including one by Google DeepMind in 2023, have shown that special inputs can trigger models to produce outputs from their training data. The inclusion of today's date in the generated content is due to the system prompt, not evidence of real-time data leakage. No proof has been found to confirm any multi-tenant isolation failure or that the outputs belong to specific users.
6 hours ago

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Bitcoin's Negative Funding Rates Signal Potential Bullish Reversal

Bitcoin's funding rates have remained negative for over three months, currently at -0.009%, indicating a potential bullish setup. This trend follows a significant price drop from $125,000 to $65,000 in February 2026. Historically, sustained negative funding rates have marked capitulation zones, often preceding major price rallies. Previous instances, such as the March 2020 COVID crash and the June 2022 Luna/3AC collapse, saw Bitcoin prices surge significantly after periods of negative funding. As Bitcoin's price recovers from $65,000 to $77,600, continued negative funding could strengthen a short squeeze scenario. However, traders are advised to exercise caution and manage risks appropriately.

BTC +1.50%
6 hours ago

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Meta Tests AI Assistant in Threads for Real-Time Trend Insights

Meta is testing an AI assistant within Threads, allowing users to access real-time insights on trending topics by tagging @meta.ai in posts. This feature, currently in beta, is available for public accounts in Malaysia, Saudi Arabia, Mexico, Argentina, and Singapore. The AI provides public responses in the same language as the original post, with options to mute or hide its replies. The integration mirrors similar moves by competitors, such as Elon Musk's AI assistant in X, aiming to boost user engagement. However, concerns arise over the potential for AI-generated misinformation, particularly in crypto discussions, where incorrect data could lead to market disruptions. The regulatory environment in the beta countries varies, adding complexity to the rollout, especially in regions with high crypto adoption like Argentina.

THORChain Halts Trading Amid Suspected $10M Cross-Chain Attack

PancakeSwap Enhances Perps System with Order Book and One-Click Trading

RUNE Drops Over 10% Amid $7.2M Suspicious Transactions Alert

JUST Celebrates 6th Anniversary with Gas-Free Carnival and 10,000 USDT Prize Pool

South Korea's KOSPI Plummets 8.4% After Reaching Record High

YZi Labs Invests $1 Million in AI Agent Protocol TermiX

IREN Raises $3 Billion to Boost AI Cloud Infrastructure

XDC Network Surges 13% Amid Increased Trading Activity

Anthropic Offers $3,850 Weekly to Fellows, Only 40% Secure Full-Time Roles

CZ Attributes Binance's Success to User Protection, Global Strategy, and Startup Mindset

Stablecoin Freezing Intensifies Amid Regulatory Scrutiny

CFTC Allows French Swap Dealers to Use EU Compliance Standards

Federal Reserve's $10B Bid for 10-Year Notes Signals Stability for Crypto

UPBIT to List Irys (IRYS) with Multiple Trading Pairs

EU Seeks to Join US-Led Tech Supply Chain Alliance

Kalshi Leads Prediction Markets with $4.13 Billion Weekly Volume

Korea Investment & Securities and OKX Consider Coinone Stake Acquisition

DeepSeek 'Bug' Misunderstood as Privacy Breach, Actually Training Data Extraction

Bitcoin's Negative Funding Rates Signal Potential Bullish Reversal

Meta Tests AI Assistant in Threads for Real-Time Trend Insights