News linked to both this project and an event.
Coinbase announced the expansion of its on-chain crypto-backed lending product, adding Solana as a supported collateral asset. Users can now borrow up to $100,000 in liquidity based on their SOL holdings. The service operates on the Morpho lending infrastructure deployed on the Base network, consistent with the structure of previously supported loans backed by Bitcoin, Ethereum, and other crypto assets.Ben Shen, Head of Financial Services at Coinbase, stated that introducing SOL as a collateral asset will enhance capital efficiency and the liquidity experience for users within the Solana ecosystem, while strengthening its "Everything Exchange" strategy—covering more crypto financial scenarios through a single platform. (The Block)
According to CoinDesk, the Depository Trust & Clearing Corporation (DTCC) announced it will leverage Chainlink’s infrastructure to power its blockchain-based collateral management platform, Collateral AppChain. Built on the Besu blockchain, the platform utilizes Chainlink’s Compute Runtime Environment (CRE) and data standards to support asset pricing, valuation, margin calculation, collateral optimization, and settlement. Through smart contracts, it enables 24/7 automated collateral management—aiming to address the current delays in cross-institutional and cross-time-zone movement of assets within existing collateral systems.
Odaily Planet Daily reported that Starknet, the Ethereum Layer 2 network developed by StarkWare, has officially launched strkBTC. This is a new Bitcoin-based asset designed to achieve private balances and anonymous transfers through zero-knowledge proof (ZK) technology while maintaining composability with DeFi applications. After its launch, strkBTC supports "re-anonymization," allowing assets to be bridged back to entirely new, unlinked Bitcoin addresses, and also provides compliance audit and asset screening features. (The Block)
Lorenzo Protocol has officially launched its on-chain governance system, Lorenzo Governance, with the first governance proposal now open for voting. This proposal aims to shorten the vesting periods for six categories of tokens—Rewards, Investors, Ecosystem & Development, Team, Treasury, and Advisors—based on community demand, in order to accelerate the token release schedule. If the proposal is approved, the Lorenzo tokenomics will be upgraded from V2 to V3. Upon implementation, the total and circulating supply will immediately increase by 454.8 million tokens, representing an increase of approximately 21.66%. veBANK holders can directly participate in protocol decision-making through on-chain governance voting. The voting period for this round runs from May 12 to May 17.
According to the official announcement, HTX (formerly Huobi) has launched perpetual contracts for AVGO/USDT, QCOM/USDT, and ORCL/USDT on May 12, with a maximum leverage of 10x. Additionally, HTX is hosting an AVGO, QCOM, and ORCL Contract Trading Party from 16:00 on May 12 to 16:00 on May 19 (UTC+8), with a total prize pool of up to $20,000. During the event, users who register and trade AVGO/USDT, QCOM/USDT, or ORCL/USDT perpetual contracts—achieving a cumulative valid trading volume of ≥$5,000—will share the prize pool based on their trading volume ranking. New contract traders completing AVGO/USDT, QCOM/USDT, or ORCL/USDT perpetual contract trades will also receive exclusive benefits.
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.
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.
Nasdaq-listed Bitcoin mining company LM Funding America (LMFA) released its unaudited operational report for April 2026, disclosing data on its Bitcoin treasury holdings and mining output. As of April 30, the company held 334 Bitcoins, valued at a total of $25.3 million based on a price of approximately $75,800 per coin that month. This corresponds to a Bitcoin asset value per share of $1.18, significantly higher than the company's U.S. stock closing price of $0.24.Data shows that the company net mined 9.4 BTC in April and sold 13.5 BTC during the same period, leading to a slight decrease in Bitcoin holdings from 338.1 BTC in March. The company's total mining machine count remains at 7,508 units, with a stable network hashrate of 0.79 EH/s, showing no change in hashing power scale.
Odaily Odaily Planet Daily reports, Ronin, the gaming-focused blockchain behind Axie Infinity, will migrate from an independent sidechain to an Ethereum Layer 2 network (L2) via a hard fork on May 12. The upgrade adopts the OP Stack architecture and is expected to trigger approximately 10 hours of network downtime, during which transfers, swaps, contract interactions, and on-chain gaming activities will all be paused.This upgrade simultaneously introduces the Proof of Distribution mechanism, which automatically rewards ecosystem builders based on their actual network contributions. In terms of tokenomics, RON's inflation rate will be drastically reduced from over 20% to below 1%; the 90 million RON originally allocated for staking rewards will be transferred to the treasury fund; and the market fee will be increased from 0.5% to 1.25% to enhance network security, scalability, and long-term economic stability. (CoinDesk)
Odaily, Tether has announced the launch of its Developer Grants Program, providing financial support to developers building products based on its open-source technology stack. There is no total cap on the funding amount, and payments are made based on specific technical deliverables. The program is now open for applications. Developers can earn USDT or Bitcoin rewards by completing designated tasks, with individual grants ranging from approximately $1,500 to $4,000, covering areas such as wallet infrastructure, browser extensions, and e-commerce payment integrations.Additionally, Tether will focus on enhancing its open-source wallet development kit, WDK (Wallet Development Kit), allowing developers to embed non-custodial wallets directly into applications. This enables local key generation, transaction signing, and asset transfers without relying on custodial services or third-party APIs.Tether CEO Paolo Ardoino stated that much of the current infrastructure still relies on centralized platforms and data-driven business models. Tether aims to support systems that can "run locally, directly hold value, and operate without dependency on external service providers" to enter the market.The grants program covers four main areas: core protocol development, technical documentation and educational resources, application development based on the Tether technology stack, and research into decentralization, edge AI, P2P networks, and cryptography.
According to Bloomberg, Ripple’s prime brokerage division secured up to $200 million in asset-backed debt financing through Neuberger Berman’s specialized financial team. The funds will be used to expand margin capacity for institutional investors across multi-market trading—including equities, fixed income, and cryptocurrencies—with the actual available credit line dynamically adjusted based on institutional clients’ borrowing needs.
According to Circle’s official announcement, Circle (NYSE: CRCL) released its Q1 2026 financial results, reporting total revenue and reserve income of $694 million, up 20% year-on-year; adjusted EBITDA of $151 million, up 24% year-on-year; and net income of $55 million, down 15% year-on-year—primarily impacted by higher share-based compensation expenses following its IPO. USDC’s quarter-end circulating supply reached $77 billion, up 28% year-on-year, while on-chain transaction volume totaled $21.5 trillion, surging 263% year-on-year and accounting for 63% of the stablecoin market’s total transaction volume.
Circle has released its financial results for the first quarter of fiscal year 2026. The data shows that as of the end of the first quarter, the circulating supply of USDC reached $77 billion, a year-over-year increase of 28%; on-chain transaction volume for USDC in the first quarter reached $21.5 trillion, up 263% year-over-year.The financial report indicates that Circle's total revenue and reserve income for the first quarter was $694 million, a 20% increase year-over-year; adjusted EBITDA was $151 million, up 24% year-over-year; net profit was $55 million, a 15% decrease year-over-year.Additionally, Circle disclosed that its ARC Token pre-sale raised $222 million, with a fully diluted valuation of $3 billion. Participants included institutions such as a16z crypto, BlackRock, and ARK Invest. The company also announced the launch of the "Agent Stack" infrastructure for AI agent scenarios, including products like Agent Wallets and Agent Marketplace, designed to support AI agent payments and commercial activities based on USDC.
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
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.
BitMart's "BM Discovery" zone launched LO0P (LO0P) at 10:30 AM (UTC+8) on May 11. The trading pair LO0P/USDT is now available.LO0P is a lending AMM protocol on Ethereum based on Uniswap V4 Hook, allowing users to borrow ETH without selling their tokens. Users purchase LOOP on a bonding curve and lock it as collateral to withdraw funds from the liquidity pool's ETH reserves.
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, Odaily news: Balcony, a RWA infrastructure based on the Avalanche blockchain, announced the completion of a $12.7 million seed funding round, led by Blockchange Ventures. The new funds will be used to deploy its platform for on-chain real estate transactions and asset settlement services in the U.S. market, integrating fragmented property records into a tamper-proof digital registry. (Tamradar)
According to the official announcement, HTX (formerly Huobi) has launched perpetual contracts for SPACEX/USDT, OPENAI/USDT, and ANTHROPIC/USDT on May 8, with a maximum leverage of 10x for all. Concurrently, HTX is hosting a SPACEX, OPENAI, and ANTHROPIC contract trading party from 15:00 on May 8 to 15:00 on May 15 (UTC+8), with a total prize pool of up to $20,000. During the event, users who register and trade SPACEX/USDT, OPENAI/USDT, or ANTHROPIC/USDT perpetual contracts—accumulating a total effective trading volume of ≥$5,000—will be eligible to share the prize pool based on their trading volume ranking. Additionally, new contract traders who complete trades in SPACEX/USDT, OPENAI/USDT, or ANTHROPIC/USDT perpetual contracts will receive exclusive benefits.
OpenAI has officially launched the GPT-5.5-Cyber model and the "Trusted Access for Cyber" (TAC) framework designed for cybersecurity defenders. Simultaneously, GPT-5.5-Cyber has been opened for a limited preview to defenders responsible for critical infrastructure, supporting specialized cybersecurity workflows.TAC is an identity and trust-based framework aimed at ensuring that enhanced AI capabilities are wielded by verified defenders. Defenders verified through this framework will encounter fewer instances of model refusal when performing tasks such as vulnerability identification, triage, malware analysis, binary reverse engineering, and patch verification. Starting from June 1, 2026, individual members accessing this capability will be required to enable advanced account security protection.OpenAI is currently collaborating with security vendors including Cisco, CrowdStrike, and Palo Alto Networks to accelerate the defense cycle of the security ecosystem through GPT-5.5, enhancing the efficiency of vulnerability research, patching, monitoring, and supply chain security.