News linked to this event type.
According to Hyperinsight monitoring data, the Hyperliquid ETF recorded a single-day net inflow of $20.4 million, with BHYP accounting for $19 million and THYP for $1.4 million. Since its launch, this ETF category has achieved net inflows for 15 consecutive days, totaling $101 million. Institutional allocation demand continues to intensify, potentially driving Hyperliquid’s TVL to a new six-month high. It is reported that 21Shares launched THYP on May 12 (UTC), making it the first to enter the market, while Bitwise launched BHYP on the evening of May 15 (UTC). Following the sequential listing of these two ETFs, overall trading activity in the sector has continued to heat up. Notably, BHYP’s current daily trading volume has expanded approximately 13.6-fold from its debut-day volume of $1.3 million.
Odaily, According to an official announcement, Bitget's stock contracts have now listed 8 underlyings including RGTI (Rigetti Computing), QBTS (D-Wave Quantum), QUBT (Quantum Computing Inc.), and ARQQ (Arqit Quantum), covering popular US stock sectors such as quantum computing, advanced aviation, and cybersecurity. These contracts support up to 20x leverage. For more details, please refer to the official Bitget platform.
According to an official announcement, OKX will list IRYS/USDT (Irys) spot trading.The deposit window for IRYS will open at 13:00 (UTC+8) on May 27; the pre-order period for IRYS/USDT will be from 17:00 to 18:00 (UTC+8) on May 27; spot trading will commence at 18:00 (UTC+8) on May 27; and the withdrawal window for IRYS will open at 20:00 (UTC+8) on May 27.
Odaily reports, according to an official announcement, Bitget has launched the IPO pre-market perpetual contract OPENAI/USDT, supporting up to 20x leverage. For more details, please refer to Bitget's official platform.
Crypto journalist Eleanor Terrett reported that pro-crypto Democratic candidate Christian Menefee defeated 20-year incumbent Representative Al Green in the TX-18 Democratic primary runoff. In this election, crypto-industry-backed super PACs spent millions of dollars—Fairshake and its affiliated organizations alone contributed approximately $6.5 million, mostly to support Menefee and a smaller portion to oppose Green. Previously, Green received an “F” rating from Stand With Crypto due to his opposition to legislation including the GENIUS Act and the Clarity Act. Fairshake stated it will continue actively supporting leaders like Menefee across the United States.
According to the official announcement, Binance will suspend token deposits and withdrawals on the Base network starting at 01:00 on May 29, 2026, to support its network upgrade and hard fork. Token trading on the Base network will remain unaffected. The project team plans to carry out the network upgrade and hard fork at 02:00 on May 29, 2026.
BIT Official released a chart analysis stating that the crypto market has already begun pricing in the SpaceX IPO ahead of time.The chart shows that SpaceX plans to IPO on June 12 with a valuation of approximately $1.74 trillion, nearly 40% higher than its latest internal valuation of $1.25 trillion. Currently, Hyperliquid and Binance have successively launched SpaceX-related perpetual contracts, with the implied valuation corresponding to the relevant market price standing at approximately $2.41 trillion.Markus Thielen believes this indicates the market is betting that SpaceX will complete its IPO at a higher valuation or deliver a strong performance after listing. Meanwhile, he pointed out that the launch of such contract products also reflects the deepening integration of the crypto market with traditional finance, as crypto trading platforms gradually expand their trading exposure to stocks and popular primary market themes.
According to Odaily, Variant Chief Legal Officer Jake Chervinsky posted on X, stating: “The CLARITY Act doesn’t have much of a window left to advance. On the surface, things look calm now, but that’s only because a lot of work is happening behind the scenes — various parties are pushing to finalize a version of the bill that can formally enter the congressional voting process and secure support from at least 7 Democratic senators. However, that’s easier said than done. The next few weeks will be a decisive and critical period.”
According to CCTV News, the State Council Information Office held a press conference under its “Getting Off to a Strong Start: The 15th Five-Year Plan” series of thematic events, introducing progress in advancing law-based governance across the board. At the press conference, Liu Guixiang, a full-time Vice-Ministerial-level Member of the Judicial Committee of the Supreme People’s Court and a Class-II Grand Justice, stated that courts will conduct in-depth research into adjudication rules for novel case types—including those involving virtual currencies and cross-border finance—and expedite the formulation of judicial interpretations on civil compensation for insider trading and market manipulation, thereby safeguarding the stable operation of capital markets and effectively protecting the lawful rights and interests of small and medium-sized investors. In response to emerging business models in the digital economy, courts will develop normative documents on judicial protection for cases involving artificial intelligence and data property rights. They will also refine adjudication rules concerning data ownership, data transactions, and AI-generated content, promoting deep integration of digital technologies with the real economy, supporting the improvement of foundational institutional frameworks for data as a production factor, and facilitating the development of an integrated data market characterized by openness, sharing, and security.
that, according to an official announcement, Bitget will support the preSPAX token split and adopt preSPCX as the new token code. The split ratio is 1:5, meaning every 1 preSPAX token can be split into 5 preSPCX tokens.Per the schedule, Bitget will temporarily remove the preSPAX/USDT spot trading pair at 14:00 (UTC+8) on May 28, and simultaneously suspend related unified account spot trading, spot strategy bots, and flash exchange functions. After the token split is completed, the preSPCX/USDT trading pair and flash exchange function will open at 17:00 (UTC+8) on the same day. For more details, please refer to Bitget's official platform.
the State Council Information Office held a series of themed press conferences on "Making a Good Start for the 15th Five-Year Plan," providing updates on the progress of "Comprehensively Advancing the Rule of Law."Liu Guixiang, a full-time committee member at the vice-ministerial level of the Adjudication Committee of the Supreme People's Court and a second-grade grand justice, stated that the Supreme People's Court will conduct in-depth research on adjudication rules for new types of cases such as virtual currency and cross-border finance. It will also expedite the formulation of judicial interpretations regarding civil compensation for insider trading and market manipulation to ensure the stable operation of the capital market and safeguard the legitimate rights and interests of small and medium-sized investors.Furthermore, he also stated that in response to new formats in the digital economy, the Supreme People's Court will research and formulate normative documents on judicial protection involving artificial intelligence cases and data property rights. It will also improve the adjudication rules concerning data ownership, data transactions, and AI-generated content.
According to The Block, multi-asset trading platform Liquid launched its Co-Invest application on Tuesday, enabling users to directly top up their accounts, conduct market analysis, and execute live trades within the ChatGPT and Claude chat interfaces—without leaving the AI assistant.
OpenSea has announced the launch of the Ethereum open standard ERC-8257 (Agent Tool Registry), positioning it as the "app store for AI agent tools."According to the announcement, developers can use this standard to register tools on-chain, declare access rules and pricing, while also enabling AI agents to autonomously discover, purchase access rights, and invoke relevant tools without human intervention.OpenSea stated that ERC-8257 can be composable with other protocols such as ERC-8004 (Agent Identity), MCP (Tool Discovery), and x402 (Payment Protocol), collectively forming the infrastructure for AI agent on-chain operations. ERC-8257 is currently in the draft stage, and OpenSea has invited developers to participate in further refining the specification.
Coinbase has announced a partnership with Standard Chartered to expand global multi-currency funding on-ramps via Coinbase Prime, supporting Australian Dollar, Singapore Dollar, Canadian Dollar, Swiss Franc, Euro, and British Pound.Coinbase stated that this move will enhance capital efficiency, reduce foreign exchange friction, and enable institutional clients to seamlessly conduct global market operations on the same platform through Coinbase Prime.
According to CoinDesk, the UK has imposed sanctions on 18 entities and individuals accused of assisting Russia in circumventing Western restrictions and financing its war in Ukraine. Among those sanctioned are the cryptocurrency exchange Huobi Global S.A. (operated by HTX) and the stablecoin issuer Open Joint Stock Company “Virtual Asset Issuer.” This marks the first time the UK has applied Regulation 17A—which targets sanctioned banks—to cryptocurrency exchanges, requiring UK financial institutions and crypto service providers to freeze related funds, trace on-chain transactions, and refrain from maintaining correspondent relationships with or processing payments for sanctioned parties. The sanctions specifically target the A7 payment network.
According to CoinDesk, Base—the Ethereum Layer 2 network operated by Coinbase—has launched the AI-integration tool Base MCP, which connects users’ Base accounts to AI clients such as ChatGPT, Claude, and Cursor, enabling them to perform transactions—including fund transfers, token swaps, balance checks, transaction history reviews, and interactions with DeFi applications—using natural language.
According to The Block, Solana’s privacy layer Umbra and token distribution platform Streamflow have launched a private token vesting feature, enabling projects to conduct token vesting and distribution on-chain in a confidential manner. The solution is powered by Arcium’s cryptographic execution engine, preserving distribution mechanisms such as time locks and price conditions while keeping the actual token transfers private. The report states that this initiative aims to reduce front-running and on-chain monitoring risks during token unlock events. Streamflow says its platform currently serves over 1.3 million users and more than 40,000 projects.
According to Bitcoin Laws, New Hampshire’s “Blockchain Foundation” bill HB 639 advanced today, with the state House and Senate reaching agreement on a compromise version of the bill—after each chamber had previously passed different versions. As disclosed, the bill aims to protect several related “rights,” including the right to pay with cryptocurrency, run nodes, and conduct mining activities.
Odaily President Trump posted on Truth Social, stating that it is crucial for the U.S. Commodity Futures Trading Commission (CFTC) to retain "exclusive jurisdiction" over prediction markets, echoing the stance of CFTC Chairman Michael Selig. Trump also stated that the U.S. is formulating relevant rules, referencing his campaign promise to make the U.S. a center for cryptocurrency and Bitcoin-related fields. Under the leadership of the sole commissioner, Selig, the CFTC has filed lawsuits and amicus briefs against several states to assert its jurisdiction over prediction markets. The dispute centers on whether prediction market contracts related to sports and entertainment constitute gambling products, and whether contracts offered by regulated Designated Contract Markets (DCMs) should fall under CFTC jurisdiction. New York Attorney General Letitia James has filed a related lawsuit, Illinois has issued a cease and desist order, and Minnesota Governor Tim Walz signed a law last week imposing criminal penalties for operating prediction markets. Indonesia, Spain, and India have recently banned the operation of prediction markets within their territories. An investigation into prediction markets by a U.S. House committee was also confirmed last week. (CoinDesk)
XRP Ledger developers have submitted a draft amendment titled "AMM Swappable Curves," planning to introduce three types of switchable curves for XRPL's native automated market maker: constant product, concentrated liquidity, and StableSwap, with a programmable Smart AMM to follow.This upgrade aims to allow liquidity providers to choose a more suitable pricing curve based on asset type, thereby improving capital efficiency. Concentrated liquidity is suitable for trading pairs where most transactions are concentrated within a specific price range, while StableSwap is better suited for assets with near 1:1 exchange rates, such as stablecoins or pegged assets. Existing AMM pools will continue to use the current constant product model and do not require migration.This proposal is seen as a crucial step for XRPL to bridge its DeFi infrastructure gap. Currently, there are over $3 billion in tokenized real-world assets on the XRPL chain, including the recent tokenized U.S. Treasury redemption pilot conducted by Ripple and JPMorgan. However, for these assets to be traded, lent, or generate yields more efficiently, a more mature DeFi liquidity infrastructure is still needed.However, the proposal is still in the draft stage. It will need to go through the XRPL amendment voting process, which could take several months, and its eventual approval remains uncertain. (Coindesk)