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Bitget U.S. IPO Prime Phase II: OpenAI’s IPO Subscription Opens on May 12

According to the official announcement, the second asset launched on Bitget IPO Prime is preOPAI—a digital token issued by the regulated issuer Republic on the Solana blockchain, designed to mirror OpenAI’s post-IPO economic performance on a 1:1 basis. As the world’s leading consumer AI provider, OpenAI reports approximately 900 million weekly active users, according to official data. Its most recent funding round raised $122 billion, with participants including Microsoft, NVIDIA, Amazon, and SoftBank. Bitget IPO Prime operates on a subscription model, whereby users receive subscription quotas based on their account tier. Upon completion of token allocation, users may trade the tokens on the upcoming spot market. Alternatively, after the lock-up period for preOPAI’s underlying debt assets expires, the issuer will authorize Bitget to convert users’ holdings into either stock tokens or USDT, referencing the underlying company’s (OpenAI’s) publicly traded stock price. IPO Prime Details: • OpenAI Implied Valuation: $898.21 billion • Total IPO Prime Subscriptions: 29,082 • Total Subscription Value: $21,084,450 • Subscription Price: 1 preOPAI = $725 • Accepted Subscription Currencies: USDT or USDGO • Total Subscription Pool Cap: $300,000,000

The State Council’s 2026 Legislative Plan explicitly calls for accelerating comprehensive AI legislation.

According to the official website of the Chinese government, the General Office of the State Council issued the “State Council’s 2026 Annual Legislative Work Plan,” which specifically highlights improving legislation related to AI governance. The plan explicitly states that comprehensive legislation promoting the healthy development of AI will be expedited, and legislation safeguarding AI’s foundational elements—including data, computing power, algorithms, intellectual property rights, cybersecurity, and supply chain security—as well as regulating key application scenarios, will also be accelerated. By incorporating AI governance into the national-level comprehensive legislative framework, this legislative initiative marks China’s entry into a substantive implementation phase for building its AI regulatory framework.

Binance Alpha: BR Airdrop Claim Threshold Set at 241 Points, Claiming Will Consume 15 Points

Bedrock (BR) is now listed on Binance Alpha. Users holding at least 241 Binance Alpha points can claim an airdrop of 225 BR tokens on a first-come, first-served basis.If the reward pool is not fully distributed, the points threshold will automatically decrease by 5 points every 5 minutes. It is important to note that claiming the airdrop will consume 15 Binance Alpha points, and users must confirm their claim on the Alpha activity page within 24 hours, or the airdrop will be forfeited.

B.AI Announcement on Optimization and Compensation for Historical Credits Consumption Records

B.AI, an AI infrastructure platform, has released an optimization and compensation notice regarding historical Credits consumption records. As the Credits billing system and display dimensions continue to evolve, the platform recently conducted a comprehensive review of historical consumption records. During this process, it was discovered that for certain requests made between 00:00 on May 1, 2026 and 03:00 on May 3, 2026 (SGT), the frontend display of consumption details did not fully reflect the complete cost composition—primarily because underlying cache-related fees were not explicitly shown on the page. As a result, users typically only saw input/output token consumption, leading to potential misunderstandings about total Credits usage. To address this issue, the platform has now completed data corrections and realigned the records with historical data. Additionally, Credits compensation will be automatically issued to affected accounts under more conservative and user-friendly rules (valid for 30 days from the date of crediting). No action is required from users—please monitor your account balance for updates. Moving forward, B.AI will continue upgrading the Credits display system to further enhance long-term transparency and user experience.

OKX will launch the XLEUSDT perpetual contract at 18:15 today

according to the official announcement, OKX will officially list the XLEUSDT perpetual contract on the web, App, and API at 18:15 (UTC+8) on May 11, 2026.The announcement states that the contract is settled in USDT, with a default funding fee settlement cycle of 8 hours. When the funding rate hits the upper or lower limit, the system can automatically adjust the settlement cycle to once per hour. The contract supports 7×24 hour trading.

OKX will list USOUSDT Perpetual Swap at 18:00 today

According to an official announcement, OKX will officially list the USOUSDT perpetual swap on its web platform, mobile app, and API at 18:00 (UTC+8) on May 11, 2026.The announcement states that the contract is settled in USDT, with a default funding fee settlement cycle of 8 hours. When the funding rate reaches its upper or lower limit, the system can automatically adjust the settlement cycle to once per hour. The contract supports 7×24 hour trading.

Moomoo, a subsidiary of Futu Holdings, has obtained a U.S. prediction market license and will launch event contract trading services.

Moomoo, the overseas brand of Futu Holdings, has obtained a prediction market compliance license from U.S. regulatory authorities, becoming one of the first online brokers authorized to offer event contract trading services to retail investors in the United States. According to disclosures, Moomoo plans to launch these services for U.S. users shortly, covering domains including sports events, economics, politics, and culture. Event contracts are financial derivatives designed around the outcomes of specific events; users can trade on whether an event “will or will not occur” and settle positions once the outcome is determined. Moomoo stated that these products will operate under the regulatory framework of the U.S. Commodity Futures Trading Commission (CFTC).

Bybit Launches “Build Your Deck” Challenge

It is reported that Bybit has launched a new Contract Trading Weekly Competition featuring competitive gameplay. Users who successfully participate can earn a “playing card” for each trading task they complete. A card-swapping mechanism is also introduced to make trading strategies more flexible.

HTX has launched perpetual contracts for DRAM, LITE, and GME and initiated a Contract Trading Party.

According to the official announcement, HTX (formerly Huobi) has launched perpetual contracts for DRAM/USDT, LITE/USDT, and GME/USDT on May 11, with a maximum leverage of 10x for all three. Additionally, HTX is hosting a DRAM, LITE, and GME perpetual contract trading party from 15:00 on May 11 to 15:00 on May 18 (UTC+8), with a total prize pool of up to $20,000. During the event, users who register and trade DRAM/USDT, LITE/USDT, or GME/USDT perpetual contracts—achieving a cumulative effective trading volume of ≥$5,000—will share the prize pool based on their trading volume ranking. New perpetual contract users who trade DRAM/USDT, LITE/USDT, or GME/USDT will also receive exclusive benefits.

Vitalik proposes ZK payment standard to drive Ethereum privacy payments and AI agent transactions

Vitalik Buterin published a research article on May 10, proposing to replace traditional on-chain transfer solutions with zero-knowledge proof (ZK) transactions, pushing crypto payments from "pseudonymity" toward "privacy by default." This solution allows users to complete payment verification without disclosing their full balance and transaction history.Vitalik specifically mentioned that in the era of AI agents, autonomous AI agents need to pay for services such as LLM APIs without leaving traceable footprints. He stated that through recursive SNARKs and a ZK API credit mechanism, Ethereum Layer 2 can achieve private payments at speeds and costs close to those of transparent transactions.Additionally, the proposal includes selective disclosure and "proof of innocence" mechanisms, allowing users to provide compliance proof to regulators or tax authorities without revealing on-chain privacy data, thereby meeting anti-money laundering requirements. Vitalik believes that the transparent and public nature of blockchain is a major obstacle to the widespread adoption of crypto payments.

Binance Releases May Proof of Reserve Update, BTC Reserve Ratio Reaches 100.22%

Binance has released its May proof of reserve update. As of May 1st, users' net BTC balance stood at 606,742.388 BTC, while Binance's wallet balance was 608,067.979 BTC, resulting in a BTC reserve ratio of 100.22%.Additionally, users' net ETH balance was 3,762,321.834 ETH, with Binance's wallet balance at 3,762,328.82 ETH, giving an ETH reserve ratio of 100%. The USDT reserve ratio was 104.27%, and the BNB reserve ratio was 101.68%.

Tokenized RWA market size reached $19.3 billion in Q1 2026, up 256.7% year-on-year

According to a CoinGecko report, as of March 31, 2026, the market capitalization of tokenized real-world assets (RWAs) reached $19.32 billion, representing a 256.7% increase from $5.42 billion at the beginning of 2025. Tokenized U.S. Treasury securities remain the largest category, with a market size exceeding $10 billion; tokenized commodities grew to $5.55 billion, primarily driven by gold-backed tokens XAUT and PAXG. The report also states that in Q1 2026, spot trading volume for tokenized gold reached $90.7 billion, while spot trading volume for tokenized equities reached $15.1 billion—both surpassing their respective levels in 2025. During the same period, total trading volume for RWA perpetual contracts rose to $524.8 billion.

Galaxy: 7 Democratic Senators Could Be Key to Advancing the CLARITY Act

Odaily Planet Daily reported that Galaxy Digital stated that 7 Democratic senators on the U.S. Senate Banking Committee may play a crucial role in advancing the CLARITY Act. The bill will enter committee review this Thursday; if it passes, it will be submitted for a full vote in the Senate.Galaxy listed Ruben Gallego and Angela Alsobrooks as "pro-crypto framework" senators, and considers Mark Warner, Catherine Cortez Masto, Andy Kim, and Raphael Warnock as "negotiable," potentially supporting the bill after the inclusion of additional anti-money laundering and risk control provisions.The report noted that the Senate Banking Committee has 24 members, consisting of 13 Republicans and 11 Democrats. The bill needs at least a majority of support to proceed to the next stage. Coinbase's policy head previously stated that the CLARITY Act ultimately needs at least 60 votes and bipartisan support to become law. (Cointelegraph)

Bybit Savings & Trading Upgrade: Supports Using Flexible Savings Balances for Deposit Orders to Enable Continuous Fund Appreciation

Bybit today announced an upgrade to its Fixed Rate Loan product, enabling users to directly place deposit orders using their Flexible Earnings balance. Funds will continue earning Flexible Earnings returns while awaiting matching; upon successful matching, returns automatically switch to the agreed fixed-term rate—no manual intervention required.

JustLend DAO Proposes Proposal #39: Introducing a New HTX Market

JustLend DAO has officially launched Governance Proposal #39, proposing the addition of an HTX market to integrate $HTX into the platform’s lending market. Key elements of the proposal include: configuring a price oracle for HTX/TRX, supporting the jHTX token, setting the collateral factor at 50%, and setting the reserve factor at 30%. If the proposal passes voting, HTX holders will be able to earn yield by supplying HTX or use it as collateral to borrow other assets—further enhancing capital utilization efficiency within the ecosystem.

Binance to Add MEGA/USDT, TON/USDT, and TON/USD1 Spot Trading Pairs

According to the official announcement, Binance will list the MEGA/USDT, TON/USDT, and TON/USD1 spot trading pairs on May 12, 2026, at 16:00 (UTC+8). Simultaneously, Binance will launch its Spot Algorithmic Order Trading Bot service for these trading pairs. Additionally, Binance will introduce a zero-maker-fee promotion for eligible users on the MEGA/USDT and TON/USDT spot and margin trading pairs, effective from May 12, 2026, at 16:00 (UTC+8); the end date of this promotion will be announced separately. The announcement states that taker fees for these trading pairs will continue to be charged at standard rates, and trading volume will count toward VIP tier calculations.

Bitget Launches Futures Trading Ranking Campaign: Win LV Golf Sets and USDT Airdrops

Bitget has launched a futures trading leaderboard campaign, running from May 11 to May 18. This campaign comprises four segments: Early-Bird Rewards, New-User Individual Contest, All-User Individual Contest, and Tiered Trading Volume Rewards. During the campaign period, the first 1,000 users who complete designated futures trading tasks will receive an Early-Bird Reward of 5 USDT. Rankings for both the New-User and All-User Individual Contests will be determined by participants’ valid futures trading volume, with prizes including LV Golf Series gifts and multiple tiers of USDT airdrops. Additionally, users who reach specified cumulative futures trading volume thresholds will receive extra USDT rewards. Full campaign rules are published on the official Bitget platform. Eligible users must click “Join Now” to complete registration before participating.

Crypto.com receives UAE Stored Value Facility license, enabling crypto asset payments for government service fees

Crypto.com has announced that its UAE entity, Foris DAX Middle East FZE, has obtained a Stored Value Facility (SVF) license from the Central Bank of the UAE, becoming the first Virtual Asset Service Provider (VASP) in the region to receive this license.With this license, Crypto.com will officially launch a partnership with the Dubai Department of Finance, allowing UAE residents to use crypto assets to pay for government service fees. Related fund settlements will be conducted in UAE dirhams or dirham-pegged stablecoins approved by the Central Bank of the UAE.Furthermore, upon obtaining regulatory approval, Crypto.com also plans to leverage this license to advance the integration of crypto payments with Emirates Airlines and Dubai Duty Free.

Polymarket probability of "Trump visiting China on May 13" surges to 97%, up 36% in 24 hours

Odaily Seer Prophet Channel monitoring shows that the probability of the event "Trump visiting China on May 13" on Polymarket has surged to 97%, up 36% in 24 hours, with trading volume exceeding $2.58 million.The event date is settled according to US Eastern Time. The primary basis for this market information is official US government information, official Trump information, or information published on his verified social media accounts (e.g., ), but other reliable reports will also be referenced.This morning, a spokesperson for the Ministry of Foreign Affairs announced: At the invitation of President Xi Jinping, US President Donald Trump will pay a state visit to China from May 13 to 15.Odaily Seer Prophet Channel continues to monitor the prediction market, seeing changes before they are priced.

The Korea Financial Services Commission (FSC) will develop a smart contract verification tool and establish a verification system.

South Korea’s Financial Security Institute announced three key initiatives focused on digital asset services: developing a smart contract verification tool, establishing a smart contract verification framework, and cultivating specialized talent in digital assets. The Institute will develop a dedicated security verification tool capable of automatically detecting major vulnerabilities—including reentrancy attacks, access control errors, and missed collateral checks—targeting use cases such as tokenized securities and stablecoins. Detection rules will be continuously updated to align with South Korea’s financial regulatory environment. Concurrently, the Institute will release the “Smart Contract Security Guidelines,” covering the full lifecycle of development, deployment, and operations, and will enhance financial institutions’ digital asset security capabilities through workshops, collaborative networks, and other means.