News linked to this event type.
According to PRNewswire, enterprise blockchain infrastructure provider Antier Solutions announced the completion of a $3 million funding round, led by GVFL. The new capital will support the development of secure transactions, verifiable workflows, and institutional-grade blockchain infrastructure; expand deployments in the government and banking, financial services, and insurance (BFSI) sectors; and grow its business operations in the United States, Middle East, and Asia-Pacific markets.
The WeChat official account of the Haidian District People’s Court of Beijing Municipality disclosed a case involving “doxxing” using virtual currencies. Between 2023 and 2025, the defendant illegally obtained personal information of Chinese citizens via encrypted communication tools and other channels—acquiring over 900 million pieces of personal data in total—and built a “social engineering database” website storing over 170 million pieces of citizens’ personal information. The defendant also profited by selling such information, receiving payments exclusively in virtual currencies. Additionally, the defendant used encrypted communication tools to establish “doxxing” and “outing” chat groups for disseminating illegal content, including privacy violations. The court convicted the principal offender, Lin某某, of the crimes of infringing upon citizens’ personal information and illegally utilizing information networks, sentencing him to seven years’ imprisonment and imposing a fine of RMB 70,000.
According to Decrypt, publicly traded Bitcoin mining company TeraWulf (WULF) released its Q1 2026 financial results, reporting a net loss of $427 million for the quarter—significantly higher than the $61.4 million net loss in the same period last year. Total revenue amounted to $34 million, of which AI high-performance computing (HPC) revenue accounted for 60%, or approximately $21 million—a 117% sequential increase. In contrast, Bitcoin mining revenue declined by 50% sequentially to roughly $13 million, marking the first time AI compute revenue has surpassed mining revenue. The company previously signed a 25-year lease agreement with FluidStack, valued at approximately $9.5 billion in total, and has received Google’s endorsement.
Alex Thorn (@intangiblecoins), Head of Research at Galaxy Research, published a post revealing that Galaxy Research has released a new report refuting banking industry claims that the GENIUS Act would erode U.S. bank deposits—and providing quantitative estimates. Key findings from the report include: - Under the GENIUS Act framework, 60%–70% of new stablecoin issuance would originate overseas; inflows of foreign deposits would be approximately twice the volume of domestic deposit migration—indicating a net increase in total deposits rather than a zero-sum reallocation. - Each newly minted GENIUS stablecoin would generate approximately $0.32 in net credit for the U.S. economy. - In the base-case scenario, total credit expansion by 2030 would reach roughly $400 billion; under the optimistic scenario, it could reach $1.2 trillion. - Short-term U.S. Treasury yields (T-bills) would compress by 3–5 basis points, potentially saving taxpayers up to $3 billion annually in borrowing costs. - The report also notes that the interest pass-through mechanism does not pose an existential threat to U.S. banks—it merely represents a reallocation of profit margins and will not reduce overall credit capacity.
According to The Block, blockchain security firm CertiK released a report on May 8 stating that 34 confirmed “wrench attacks” (i.e., offline physical assaults and extortion targeting cryptocurrency holders) occurred globally in the first four months of 2026—an increase of 41% compared to the same period in 2025. Victims’ total losses amounted to approximately $101 million. If this trend continues, the annual number of incidents is projected to reach around 130, with losses potentially totaling hundreds of millions of dollars. Geographically, 28 of the 34 incidents (82%) occurred in Europe, with France standing out particularly: 24 cases were recorded there in the first four months of 2026 alone—exceeding the full-year total of 20 incidents in 2025. CertiK attributes this surge to France’s hosting of flagship crypto firms such as Ledger and Binance, frequent data breaches, and a community culture of conspicuous wealth display and proactive doxxing. In contrast, reported incidents in the U.S. dropped from nine in Q1 2025 to three in Q1 2026, while Asia saw a decline from 25 to two. Regarding attack patterns, CertiK notes that criminal groups have shifted toward a “data-driven targeting” model—purchasing victims’ names, addresses, and asset information from data brokers, thereby reducing the need for physical reconnaissance. Over half of this year’s incidents involved threats against or direct harm to victims’ family members (spouses, children, elderly parents) as a coercive tactic. Operationally, small gangs of three to five individuals typically carry out these attacks via
According to The Block, Julio Moreno, Research Director at on-chain analytics platform CryptoQuant, released a report on May 8 stating that Bitcoin has surged over 20% since early April, reaching a three-month high. However, the firm characterizes this rally as a “bear market bounce” and warns that profit-taking pressure may intensify further. On the data front, Bitcoin holders’ daily realized profit reached 14,600 BTC on May 4—the highest level since December 10, 2025. Meanwhile, the Short-Term Holder Spent Output Profit Ratio (STH-SOPR) has remained consistently above 1.00 since mid-April, indicating the market has entered a sustained profit-taking phase. On a 30-day rolling basis, holders’ net realized profit turned positive at +20,000 BTC—the first time since December 22, 2025—after net losses plunged as deep as -398,000 BTC between February and March. Nonetheless, Moreno notes that the current net profit level of +20,000 BTC remains far below the historical 130,000–200,000 BTC threshold typically required to confirm a bull market transition, reinforcing the view that this is a “bear market bounce” rather than a structural trend reversal. Additionally, the current unrealized profit ratio stands at approximately 18%; historical experience shows that when this indicator rises to elevated levels, holders tend to sell to lock in gains, increasing correction risk.
According to Xinhua News Agency, U.S. President Trump told the media at the White House on the 8th that the United States may resume the “Freedom Operation,” aimed at facilitating the passage of vessels stranded in the Strait of Hormuz, and expected to receive Iran’s response that evening to the U.S.-Iran agreement proposal put forward by the United States. Trump stated that he believed the “Freedom Operation” was a good idea, but “there are other solutions.” If no progress is made, the U.S. side may restart the “Freedom Operation.” However, “it would be an upgraded version—the ‘Enhanced Freedom Operation’—meaning additional measures beyond the original plan.”
According to The Block, Lee Reiners—a lecturer in law at Duke University and former examiner at the New York Federal Reserve—published a post on May 8 stating that WLFI, the governance token issued by the DeFi project World Liberty Financial—which is closely associated with the Trump family—may constitute an unregistered security. Reiners cited the Securities and Exchange Commission’s (SEC) recently released token classification framework, arguing that WLFI is not a “pure digital commodity” and therefore falls under SEC regulatory scrutiny. He contends that WLFI was publicly presold—approximately 25 billion tokens—prior to the protocol’s launch and was marketed leveraging the Trump family’s brand, leading buyers to reasonably expect profits—a key element of the SEC’s “Howey Test” for determining whether an asset qualifies as a security. Regarding decentralization claims, Reiners referenced litigation filed by Justin Sun, noting that World Liberty unilaterally froze Sun’s tokens and revoked his governance rights—revealing a high degree of centralized control. Additionally, he highlighted clear conflicts of interest: the project borrowed $75 million in stablecoins from the Dolomite protocol, using 5 billion WLFI tokens as collateral; notably, a co-founder of Dolomite also serves as an advisor to World Liberty, and part of the borrowed stablecoins flowed directly to World Liberty itself.
According to the SEC’s official website, U.S. Securities and Exchange Commission (SEC) Chair Paul S. Atkins delivered a speech on May 8 at the Special Competitive Study Project’s AI+ Expo, outlining the SEC’s regulatory approach toward AI and on-chain financial markets. Atkins stated that the SEC will advance several regulatory initiatives targeting on-chain markets, including: establishing rules defining “exchanges” for on-chain trading systems; clarifying the applicability of definitions for “brokers” and “dealers” to on-chain activities; delineating the scope of the “clearing agency” definition as it applies to on-chain clearing and settlement activities; and issuing regulatory guidance for activities related to “crypto vaults.” Regarding AI regulation, Atkins emphasized that the SEC will not mandate specific AI models for firms but will uphold its core mission of protecting investors, maintaining fair and efficient markets, and facilitating capital formation—while requiring firms to take responsibility for the outputs of their deployed AI tools. Atkins also urged Congress to promptly send the CLARITY Act to the President for signature, thereby providing long-term regulatory certainty for digital asset markets through legislation. He warned that driving innovation offshore would repeat the FTX debacle and harm U.S. investors.
According to crypto journalist Eleanor Terrett, the U.S. Senate Committee on Banking will hold a markup session for H.R.3633, the “Digital Asset Markets Structure Act of 2025,” at 10:30 a.m. ET on May 14. Committee members will vote on the bill’s text and related amendments. If approved, the Banking Committee’s version will be merged with the portion overseen by the Senate Committee on Agriculture to form the final version, which will then proceed to a full Senate vote.
Mustafa, a member of the Polymarket official team, posted on platform X that Polymarket has launched a $2 million liquidity rewards program for sports markets, which will continue over the next few weeks. At the same time, the platform will also roll out additional liquidity incentives for other markets in the coming days.
LayerZero Labs posted on platform X, stating that the internal RPC used by LayerZero Labs had been attacked by the Lazarus Group over the past three weeks, compromising the true source of its DVN (Decentralized Verifier Network). Meanwhile, external RPC providers experienced DDoS attacks. The incident affected 0.14% of applications and approximately 0.36% of asset value. LayerZero Labs stated that assets are currently secure, and over $9 billion in funds have been bridged through the protocol since April 19.In response to the security risk, LayerZero Labs has ceased providing services for its DVN in a 1/1 configuration. Default configurations for all pathways will migrate to a multi-DVN model of at least 3/3 or 5/5 signatures. Additionally, regarding an incident from three years ago where a multi-sig holder mistakenly used a hardware wallet for personal transactions, LayerZero Labs has removed that signer and replaced the wallet, while developing a custom OneSig multi-sig system. LayerZero Labs advises developers to lock configurations to avoid reliance on default settings and plans to launch an asset management platform, Console, to enhance security monitoring.
Duke University law lecturer Lee Reiners stated that World Liberty Financial, a project associated with the Trump family, may have its governance token WLFI classified as an unregistered security.He pointed out that although the project defines WLFI as a governance token, its issuance method, marketing approach, and investors' expectation of profits align with the criteria of the "Howey Test" used by the SEC to determine securities.Furthermore, the large-scale pre-sale of WLFI before the protocol's official launch, along with its promotion leveraging the Trump brand, is also seen as reinforcing its "investment-type" characteristics.
major US-based crypto exchanges Coinbase, Kraken, and Gemini are pushing for amendments to the Senate's crypto market structure bill, seeking to delete or relax the listing restrictions on 'digital assets susceptible to manipulation.' The original clause requires trading platforms to only list digital assets that are 'not easily manipulated.' The industry is concerned that this standard could limit the ability of small-cap tokens to be listed on exchanges, thereby impacting liquidity and market development.According to sources, the exchanges submitted revision proposals to the Senate Agriculture Committee earlier this year, suggesting the removal of the relevant restrictive language and emphasizing that the current wording could create a 'listing barrier' for small-cap crypto assets. Under the bill's design, the U.S. Commodity Futures Trading Commission (CFTC) would gain broader regulatory authority over digital commodity markets in the future, adopting a 'self-certification' mechanism used in traditional commodity markets, which requires exchanges to confirm that a product is not easily manipulated before it can be listed.However, the crypto industry believes that digital assets have structural differences from traditional commodity derivatives, making it unreasonable to simply apply existing standards, which could stifle innovation and market access. A source noted that the current direction of revisions is seen as a 'clear push for regulatory easing.' A Coinbase policy executive stated that the industry supports stronger regulatory and anti-fraud frameworks but opposes directly transplanting standards unsuitable for spot markets, as it would affect market liquidity and consumer participation. It is understood that the bill is still in the negotiation phase between two Senate committees and is expected to undergo further adjustments before being formally submitted for a full floor vote. (Politico)
Odaily Bitcoin mining company TeraWulf announced its Q1 financial report, showing that its high-performance computing (HPC) business has surpassed Bitcoin mining revenue for the first time, marking a critical phase in the company's transition to AI and cloud computing infrastructure. The company's total Q1 revenue was $34 million, roughly flat compared to the same period last year. HPC leasing revenue reached $21 million, exceeding digital asset mining revenue of less than $13 million for the first time, becoming the primary revenue source.The financial report also showed that the company's net loss widened to $427.6 million, primarily due to non-cash warrant revaluation. However, CFO Patrick Fleury emphasized that the company is shifting from "volatile mining revenue" to "stable long-term computing power contract revenue."Currently, 60MW of HPC capacity at TeraWulf's Lake Mariner data center in New York has begun generating revenue, with plans to continue expansion within the year. Meanwhile, the company is retrofitting some of its mining infrastructure into AI/HPC computing resources to support hyperscale computing demand. This trend continues to spread across the industry, with Bitcoin miners like Riot Platforms also diversifying their revenue structures through data center and AI contracts, gradually transitioning into "computing infrastructure companies." (The Block)
gunfire was heard in the vicinity of the Strait of Hormuz within two hours. On the 8th, Iran's Islamic Revolutionary Guard Corps announced that the Iranian armed forces had engaged in "sporadic clashes" with US warships in the waters of the Strait of Hormuz earlier that day. The Revolutionary Guard did not disclose the specific location of the clashes. Earlier, it was reported that an explosion occurred on the 8th in the Sirik region of Iran, near the Strait of Hormuz, for unknown reasons. (CCTV)
The Securities and Futures Commission (SFC) of Hong Kong recently issued a public notice warning investors to be vigilant against certain unlicensed platforms and related marketing activities, specifically naming HabitTrade. In response, HabitTrade issued a statement clarifying that it is a licensed Australian brokerage firm and a compliant financial services platform, and that it does not conduct any regulated business in Hong Kong nor promote or provide related services to the Hong Kong public. The statement further notes that certain third-party promotional content, video materials, and traffic-driving activities circulating in the market do not represent HabitTrade’s official position. The company reserves the right to pursue legal action against any unauthorized use of its brand, technical infrastructure, or partnership affiliations for misleading or non-compliant promotional purposes. HabitTrade stated that it remains committed to regulatory compliance as its top priority and will cooperate fully with relevant regulatory authorities in jurisdictions where it operates to conduct necessary investigations.
According to an official announcement, Sportix.AI has raised $3.2 million to build AI-powered sports intelligence infrastructure. The company stated that this funding marks a significant milestone in advancing its team’s long-term vision. Backers of this round include CoinvestorV, Animoca Brands, Becker Ventures, X21 Digital, and Alpha Capital.
Bitget PoolX will list the BILL project, with a total airdrop of 5,000,000 BILL tokens. This campaign features two BTC staking pools, open for deposits from May 9 at 19:00 to May 16 at 19:00 (UTC+8). Specifically, the BTC Static Staking Pool allocates 2,250,000 BILL tokens, with a per-user staking cap of 30 BTC; the BTC Dynamic Staking Pool allocates 2,750,000 BILL tokens, with a tiered staking cap determined by users’ trading volume over the past 15 days, and a per-user staking cap of 50 BTC. Additionally, users whose net BTC deposits are positive during the campaign period will receive a 3% BTC interest-boosting coupon upon campaign completion. First-time PoolX participants who meet the net deposit requirement will receive a 10% BTC interest-boosting coupon. The net deposit window runs from May 8 at 19:00 to May 15 at 19:00 (UTC+8). For more details, please refer to the official Bitget platform.
According to GlobeNewswire, Exodus, a cryptocurrency wallet service provider, has announced the launch of XO Cash—a stablecoin built on Solana and designed for AI Agents and the Agentic Economy—as well as the simultaneous release of the AgentKit developer toolkit. With XO Cash, developers can create standalone wallets for AI Agents via a single API call; Agents can then make payments directly using their Exodus Pay balances, without needing to hold or manage tokens themselves.