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U.S. Senate Banking Committee Updates Text of Digital Asset Market Structure Bill to Include Stablecoin Rewards and DeFi Developer Provisions

According to The Block, the U.S. Senate Committee on Banking has released an updated 309-page version of the Clarity Act, scheduled for review and vote later this week. The new text includes language restricting stablecoin rewards and incorporates provisions from the Blockchain Regulatory Certainty Act, clarifying that non-custodial developers are not considered money transmitters. Coinbase—which had previously withdrawn its support due to controversy over the stablecoin rewards provision—has now reversed its position and endorsed the bill; however, banking industry groups still deem the restrictions insufficient. Meanwhile, the bill still lacks ethics-related provisions targeting digital asset-related benefits received by the President and other federal officials. Democratic lawmakers have stated that, absent such compromises, the bill is unlikely to gain their support.

Glassnode: BTC Rises to ~$82,000 in Its 20th Week, with On-Chain Activity and Derivatives Risk Appetite Rising in Tandem

Glassnode’s Week 20 BTC Market Report states that BTC rose last week from above $77,000 to below $82,000, with strengthening spot demand and futures activity and sustained buying absorbing pullbacks. The report notes rising Spot Cumulative Volume Delta (CVD), spot trading volume, futures open interest, and perpetual swap CVD—indicating a rebound in market risk appetite. However, price momentum slowed, and long funding rates declined, signaling a marginal cooling of bullish sentiment. In the options market, demand for downside protection decreased and open interest increased, yet the volatility skew widened, reflecting persistently high market uncertainty. On-chain metrics show increases in daily active addresses, entity-adjusted transaction volume, and total fees; profitability indicators improved, and the overall market structure continues to recover.

Binance Adjusts Leverage and Margin Tiers for Multiple Contracts

: According to an official announcement, Binance will update the collateral ratio and tiered collateral ratio for assets such as UNI, ENA, RAY, APE, and ZEC under the Portfolio Margin at 06:00 UTC on May 15, 2026. Additionally, at 06:30 UTC on May 15, 2026, Binance Futures will adjust the leverage and margin tiers for several USDⓈ-M perpetual contracts, including NAORISUSDT, ARCUSDT, and MUSDT. Existing positions will be affected, and users need to make adjustments in advance.

AIGENSYN to Launch on Bitget PoolX—Stake ETH to Share 3.15 Million AIGENSYN Tokens

Bitget PoolX is set to launch the AIGENSYN project, with a total airdrop of 3,150,000 AIGENSYN tokens. This campaign features two ETH staking pools, open for staking from May 12 at 18:00 to May 16 at 18:00 (UTC+8). The static ETH staking pool allocates 1,260,000 AIGENSYN tokens, with a staking cap of 1,500 ETH. The dynamic ETH staking pool allocates 1,890,000 AIGENSYN tokens; its staking cap—up to 1,500 ETH—is tiered and determined based on users’ trading volume over the past 15 days.

BitMart's "BM Discovery" zone has launched Red Kitten Crew (RKC).

BitMart's "BM Discovery" zone went live with Red Kitten Crew (RKC) at 11:00 (UTC+8) on May 12, opening the RKC/USDT trading pair.Red Kitten Crew (RKC) is a meme coin issued on the Solana chain via Pump.fun, inspired by the "Roaring Kitty" narrative.

Telegram Founder: TON Launches New Toolchain Acton

Telegram founder Pavel Durov posted on X platform, stating that TON development efficiency has increased by 10 times. The new toolchain Acton makes the creation, testing, and deployment of smart contracts more convenient and is fully AI-ready. This toolchain replaces TON's previously fragmented tool stack, forming a unified development process.

Australia Plans to Reduce Capital Gains Tax Discount, Potentially Affecting Long-Term Digital Asset Holders

: Australian authorities plan to amend the capital gains tax system in the upcoming federal budget, with the adjustment covering cryptocurrencies and other digital assets. Currently, the Australian Tax Office treats most cryptocurrencies as capital gains tax assets, allowing individual investors who hold them for over 12 months to enjoy a 50% reduction in taxable gains.According to reports, the government is currently considering lowering the 50% discount rate to between 25% and 33%, or adopting inflation indexing to replace the fixed discount, meaning only the real appreciation above inflation would be taxed. The reform applies to stocks, exchange-traded funds, and digital currencies outside of pension accounts. Analysis indicates that the new rules could reduce the after-tax returns on high-growth tokens and may prompt retail investors to adjust their portfolios before the policy potentially takes effect on July 1, 2026. Specific details are pending confirmation in the Finance Minister's budget report.

RKC developer cashed out 6,260 SOL, Roaring Kitty deleted post causing RKC to drop 90%

According to Lookonchain monitoring, Roaring Kitty (@TheRoaringKitty) posted about RKC and then deleted the post, causing RKC to drop by 90%. The RKC developer has cashed out 6,260 SOL, worth $611,000. The developer used 10 wallets to spend 20 SOL to purchase 395.18 million RKC, accounting for 39.52% of the total supply, and subsequently sold all of it for 5,071 SOL, worth $495,000. The developer also received 1,209 SOL in creator fees, worth $118,000.

Circle Launches Agent Stack Toolkit, Enabling AI Agents to Make Autonomous Payments

Circle has launched the Circle Agent Stack toolkit, which allows AI agents to autonomously hold funds and make payments. Its protocol supports gas-free transfers of as little as 0.000001 USDC per transaction. As of the end of the first quarter, USDC's circulating supply reached $77 billion, and Circle's stock price rose to $131.76.

Consensys Submits Comment Letter to the SEC, Proposing a Safe Harbor for Self-Hosted, User-Controlled Interfaces

According to an official announcement, Consensys submitted a comment letter to the U.S. Securities and Exchange Commission (SEC) on May 11, stating that the SEC’s latest interpretive framework for digital assets may leave regulatory gaps, creating compliance uncertainty for self-custodial wallet providers such as MetaMask. Consensys requested that the SEC clarify—through a targeted safe harbor or other exemption—that self-custodial, user-directed interfaces need not register as broker-dealers solely because they facilitate transactions involving non-security digital assets that may be associated with investment contracts. Consensys stated that this measure aims to ensure U.S. users can continue using open, neutral peer-to-peer blockchain tools.

CleanSpark Q1 Earnings Report: Revenue of $136.4 million, Net Loss Widens to $378.3 million

CleanSpark Releases First-Quarter Fiscal Year 2026 Financial Results: Revenue for the quarter totaled $136.4 million, down 24.9% year-on-year; net loss was $378.3 million, compared to a net loss of $138.8 million in the same period last year; adjusted EBITDA was negative $241.2 million. Meanwhile, the company stated that contracted power capacity doubled year-on-year, including 585 MW of ERCOT-approved capacity; Bitcoin holdings increased 14% year-on-year; and average monthly hash rate rose 18% year-on-year. As of March 31, 2026, CleanSpark held $260.3 million in cash, $925.2 million in Bitcoin assets, and total assets of $2.9 billion.

The court permits Arbitrum DAO’s on-chain voting and the transfer of frozen ETH to Aave LLC.

Aave updated its statement regarding the Arbitrum DAO proposal, noting that the court modified the restraining notice on May 8 to permit Arbitrum DAO to conduct on-chain voting and to transfer the ETH frozen due to the rsETH incident to Aave LLC; upon transfer, the restraining notice will attach to Aave LLC. The revised constitutional AIP retains Arbitrum DAO’s previously approved intent to recover funds, and the relevant ETH will still be used for rsETH recovery. Aave also stated that the plaintiff judgment creditor had served the restraining notice on Arbitrum DAO on May 1 in an unrelated case, after which Aave LLC filed an emergency motion to vacate.

Anthropic States "Does Not Recognize Unauthorized Stock Sales or Transfers", Pre-Stocks Token Plunges 25%<odatory-translate-split><p>Odaily Planet Daily News: Anthropic today updated an article originally published in February this year, titled "Regarding

Anthropic 今日更新了一篇原发布于今年 2 月的文章《关于未经授权的 Anthropic 股票销售和投资骗局》。文章提到:“任何未经我们董事会批准的 Anthropic 股票出售或转让,或对 Anthropic 股票权益的处分,均为无效,且不会在公司的账簿和记录中予以认可……公司不允许 SPV(特殊目的载体)持有其股票,任何向 SPV 的股票转让均属无效。”受此消息影响,PreStocks 上的 Anthropic 盘前股票代币大幅下跌,暂报 1023.9 美元,单日大跌 24.94%。

Meme stock king Roaring Kitty's X account suspected to be hacked, RKC market cap drops to $1.8 million after hitting $12 million

Roaring Kitty, the protagonist of the GameStop "Retail vs Wall Street" saga and the king of meme stocks, had his official X account allegedly compromised in the early hours of today. The hacker posted the contract address of the meme coin Red Kitten Crew (RKC), causing the token's market cap to briefly reach $12 million before plummeting to $1.8 million.Shortly afterwards, Roaring Kitty appears to have regained control of the account and deleted the tweet containing the contract address. Roaring Kitty himself has yet to issue a clarifying statement, with the community widely believing that the posting of the meme coin contract address was due to a brief account compromise.

Ethereum Foundation Appoints Three Co-Leads for the Protocol Cluster; Protocol Team Restructured Accordingly

According to The Block, the Ethereum Foundation is restructuring its Protocol team, appointing Will Corcoran, Kev Wedderburn, and Fredrik as the new co-leads of the Protocol cluster. This reorganization comes as Barnabé Monnot and Tim Beiko plan to depart the organization, and Alex Stokes begins a sabbatical. The Protocol team is the Ethereum Foundation’s core team responsible for the design, research, development, and coordination of Ethereum’s base layer, covering areas such as security, cryptography, zkEVM, and peer-to-peer networking. The team is currently advancing Ethereum’s next major scalability upgrade, Glamsterdam, which aims to raise the gas limit ceiling and floor to 200 million and introduce ePBS. Subsequently, the team will shift its R&D focus toward the Hegotá upgrade and the FOCIL prototype to enhance Ethereum’s censorship resistance.

Ethereum Foundation Releases Glamsterdam Upgrade Progress: Devnet Launched, Hegotá Expansion Roadmap Advances in Parallel

the Ethereum Foundation has disclosed the outcomes of a recent interoperability meeting among core developers held in Svalbard, Norway, and provided an update on the key technical progress of the next upgrade phase, "Glamsterdam." During the meeting, multi-client teams collaborated on network scaling and execution layer optimization, making progress in several areas. Developers confirmed that a "credible path" post-Glamsterdam has been agreed upon, based on the combined results of ePBS, BAL optimizations, and the EIP-8037 repricing mechanism.On the execution layer side, ePBS (External Proposer Separation) has been running stably on the multi-client Glamsterdam-devnet. The external block builder process has completed end-to-end testing, covering nearly all client implementations. Meanwhile, EIP-8037 has been finalized, establishing the fixed cost_per_state_byte model and completing the full repricing parameter output on bal-devnet-6.The expansion track "Hegotá" has also made progress. FOCIL-related prototypes now have operable implementations. The scope of requirements for Account Abstraction (AA) has been defined, and the next phase will move to multi-client devnet verification. Current development efforts remain focused on the final delivery of Glamsterdam, while simultaneously advancing the Hegotá expansion design and the subsequent Strawmap roadmap evolution. The devnet is now live, and features like FOCIL are expected to be further deepened in the next phase of testing.At an organizational level, this interop meeting also marked the official start of leadership restructuring within the Protocol Cluster. The new leads include Will Corcoran, Kev Wedderburn, and Fredrik. Will Corcoran will oversee zkVM proofing and post-quantum consensus coordination, Kev Wedderburn will lead zkEVM research and development, and Fredrik will be responsible for protocol security and the Trillion Dollar Security project. Former Protocol Cluster leadership team members Barnabé Monnot and Tim Beiko will gradually step back from management roles, while Alex Stokes is entering a sabbatical cycle. The Foundation stated that during their tenure, the Protocol team successfully advanced modularization and drove the Fusaka upgrade to launch (December 2025), introducing PeerDAS and increasing mainnet gas capacity.

Frax Finance: Tangent to Open Pre-deposit in One Week, frxUSD Becomes One of the Default Stablecoins

Frax Finance announced on X platform that DeFi project Tangent will open pre-deposits in one week, with frxUSD serving as one of the default stablecoins, alongside USDC to support the protocol's initial liquidity deployment.Frax stated that Tangent will be built on the frxUSD PegKeeper pool on Curve Finance, further enhancing frxUSD's application scenarios and capital depth within the on-chain liquidity system as a core DeFi stablecoin.

Boundary Labs completes $2 million funding round led by Galaxy Ventures<odatory-translate-split><p>Stablecoin infrastructure startup Boundary Labs has announced the completion of a $2 million Pre-Seed funding round, led by Galaxy Ventures with participati

稳定币基础设施初创公司 Boundary Labs 宣布完成 200 万美元 Pre-Seed 轮融资,Galaxy Ventures 领投,First Block Capital、BlackWood 等机构参投,该公司计划于 2026 年夏季在以太坊主网上线机构级稳定币 USBD 及质押版本 sUSBD。据介绍,USBD 将支持每日链上披露储备状态、净资产价值(NAV)以及协议运行数据,并采用超额抵押与 Delta Neutral(市场中性)对冲策略,以降低市场波动与方向性风险。Boundary 强调,其协议不会使用递归杠杆,并要求所有收益来源保持 Delta Neutral 结构。(The Block)

OpenAI Lawsuit: Microsoft CEO Satya Nadella Testifies in Court as Altman-Musk Dispute Escalates to Core Partnership Relations in the AI Giant

Odaily Odaily News: In the OpenAI lawsuit, Satya Nadella testified in court as Microsoft's CEO at the U.S. District Court in Oakland, California. The case centers on the ongoing legal dispute over OpenAI's non-profit structure and its path to commercialization. The lawsuit, filed by Elon Musk in 2024, accuses Microsoft of "aiding and abetting the breach of charitable trust obligations" during OpenAI's transition from a non-profit organization to a commercial entity. Microsoft has been making strategic investments in OpenAI since 2019, with cumulative investments reaching approximately $13 billion by 2023, making it one of OpenAI's most important external supporters.During the trial, Satya Nadella reviewed the early partnership between Microsoft and OpenAI, mentioning that the two parties had established deep technological and computing power collaboration before the launch of ChatGPT. In his earlier testimony, Musk stated that Microsoft's additional investment of approximately $10 billion in OpenAI in 2023 was the key turning point that prompted him to file the lawsuit, adding that the scale of the investment altered OpenAI's original non-profit-oriented structure. During the trial, Musk stated: "We are concerned they are turning a charitable organization into a commercial tool." He also questioned Microsoft's potential dominant position in the development of Artificial General Intelligence (AGI) and pointed out that its deep integration with OpenAI could impact the competitive landscape of the industry.The case is currently still under trial, and the debate surrounding OpenAI's governance structure, non-profit status, and control over the AI industry is expected to continue. (CNBC)

St. Jude Children's Research Hospital Sells Donated ASTEROID Holdings, Cashing Out Approximately $676,000 in ETH

: Marc, the head of cryptocurrency donations at St. Jude Children's Research Hospital, stated that the hospital received a donation equivalent to 0.5% of the total supply of ASTEROID tokens approximately two years ago. However, due to the lack of compliant exchange channels at the time, the assets remained in the on-chain wallet.He noted that as ASTEROID's market cap rose from roughly $20,000 to over $150 million, the hospital's holdings were once valued between $500,000 and $1 million. To avoid impacting the community's liquidity, the hospital ultimately sold the holdings in 12 batches over two days, continuously monitoring liquidity throughout the process.Marc stated that the proceeds totaled over 290 ETH, worth approximately $676,000, and the funds will be used to support the treatment and research of childhood diseases at St. Jude Children's Research Hospital.