News linked to both this project and an event.
Solv Protocol has announced the migration of over $700 million in tokenized Bitcoin assets to Chainlink's cross-chain protocol CCIP, and will gradually phase out LayerZero's bridging support across multiple chains. The migration involves core assets such as SolvBTC and xSolvBTC. Solv stated that the decision is based on the latest security reviews and recent cross-chain security incidents, and CCIP will become its standard cross-chain infrastructure. This move follows Kelp DAO's migration of approximately $290 million in assets to Chainlink, further strengthening the trend of "cross-chain infrastructure shifting toward security-first migration." (CoinDesk)
According to The Block, Amazon Web Services (AWS) has partnered with Coinbase and Stripe to launch Amazon Bedrock AgentCore Payments, enabling AI agents to conduct transactions using stablecoins. Coinbase stated that developers can build “agent-based payment” solutions using the x402 protocol, allowing AI agents to make micro-payments in USDC. This feature enables AI agents to instantly pay for web content, APIs, MCP servers, and other agents. AWS noted that developers can choose between Coinbase and Stripe wallets and fund those wallets using either stablecoins or fiat currency.
Odaily Odaily Tether AI Research Group has released a new generation of medical AI model QVAC MedPsy, which is designed to run locally on low-power hardware such as smartphones and wearable devices, without relying on cloud servers. Simultaneously, it outperforms several larger state-of-the-art (SOTA) models across multiple medical benchmarks.Official data shows that the 1.7 billion parameter version of QVAC MedPsy achieved an average score of 62.62 on seven closed-set medical benchmarks, surpassing Google's MedGemma-1.5-4B-it by 11.42 points, despite having fewer than half the parameters. In real-world clinical tests like HealthBench Hard, this model even outperformed MedGemma 27B, which has nearly 16 times more parameters.Furthermore, the 4 billion parameter version achieved an average score of 70.54, surpassing several large models nearly 7 times its size in multiple medical reasoning evaluations. Tether stated that the model achieves "small model, high performance" through post-training medical reasoning optimization, reinforcement learning, and training on high-quality medical data.Compared to traditional cloud-based AI architectures, QVAC MedPsy also significantly reduces inference costs. Its 4 billion parameter version generates approximately 909 tokens on average, far fewer than the 2953 tokens of comparable systems, enabling lower latency and lower computational costs. The model also offers a GGUF quantized version suitable for local deployment on mobile and edge devices.Paolo Ardoino stated that the core goal of this model is to improve model efficiency, rather than simply increasing parameter scale, enabling medical AI to run directly on hospital local systems or terminal devices, thus avoiding uploading sensitive medical data to the cloud.
Bitget has officially launched its global community campaign, “Fan Story.” From now until May 20, users can share their authentic experiences using Bitget—and their holistic UEX trading journey—via图文 or video posts on platforms including X, Telegram, Reddit, LinkedIn, or Discord. Submissions must include the hashtag #BitgetFanStory and be submitted through the official form. Participants may use AI tools to assist with image generation or video editing, provided the content is based on real-life experiences. This campaign aims to showcase users’ growth journeys on Bitget, highlighting diverse groups such as early adopters, long-term traders, and community contributors. The prize pool features a dynamic growth mechanism: it expands every time 500 new participants join, with a maximum cap of 100,000 USDT. All winners will also receive exclusive merchandise from the Bitget Fan Club.
According to the official announcement, Bitget has launched U-quoted BILL perpetual contracts with leverage ranging from 1x to 20x. BOT contract trading will also be available simultaneously.
Tencent Hunyuan announced that since its launch, the token usage of the Hy3 preview has been continuously increasing, with the total volume now exceeding that of the previous-generation model Hy2 by over 10 times. Token usage for code-related and agent-based scenarios has grown especially significantly—by more than 16.5 times in Tencent’s WorkBuddy/Codebuddy and Qclaw applications.
According to foreign media reports, the U.S. Pentagon has awarded Scale AI, a company backed by Meta Platforms (META.O), a contract worth $500 million to assist with data processing and decision-making support. This marks the latest move by the U.S. military to further rely on artificial intelligence. The value of this agreement is five times that of the $100 million contract the company secured in September 2025. Dan Tadross, head of Scale AI's public sector business, stated in an interview that the Pentagon had "pushed the original contract to its limits." Tadross added, "I believe this contract overall demonstrates the department's strong desire to adopt this technology." Furthermore, the San Francisco-based company is also involved in the Defense Innovation Unit (DIU)'s "Thunderforge" program, which aims to integrate AI into military planning and operations, as well as Trump's "Golden Dome" homeland defense architecture.
Core Scientific has announced the acquisition of Oklahoma-based Bitcoin mining company Polaris DS LLC for $421 million. Through this acquisition, Core Scientific will obtain Polaris's 440-megawatt contracted power agreement with Oklahoma Gas & Electric, aiming to rapidly expand its AI business. The transaction is expected to close in the third quarter of 2026.Currently, Core Scientific is renovating and expanding its existing mining sites in Texas, Georgia, North Carolina, and Oklahoma to support high-density hosting services for AI and compute-intensive workloads. The company has already begun construction of a new 82.5-megawatt facility in Muskogee, with plans to eventually provide 1 gigawatt of leasable power at the site.
According to Odaily, Drift Protocol has released a user recovery plan for the approximately $295 million security vulnerability incident on April 1, which was attributed to a North Korean-backed hacker group. Under the plan, Drift will issue receipt tokens representing users' verified losses, with each token corresponding to $1 in losses, allowing holders to gradually redeem based on the recovery pool's funding size.Currently, the recovery pool has initial funding of approximately $3.8 million. Subsequent funding sources include up to $127.5 million from exchange revenue, Tether-backed funds, and up to $20 million from partner contributions, aiming to cover total losses of approximately $295.4 million. Drift has frozen approximately $3.36 million in USDC and has established a public bounty program offering 10% of recovered assets. It is expected to relaunch the exchange in a "security-first" model during the second quarter. (CoinDesk)
: MoonPay has announced the acquisition of DFlow, an execution layer platform based on Solana, officially entering the trading infrastructure space.DFlow provides transaction optimization services for platforms such as Coinbase and Phantom, having processed over $50 billion in cumulative trading volume, with approximately 10 million monthly transactions.According to reports, the acquisition amount is approximately $100 million (paid in stock). MoonPay stated that integrating DFlow will enhance high-frequency trading capabilities and support a new generation of "agent-driven" financial applications.
According to the Wall Street Journal, algorithm development company MicroAlgo Inc. has announced the launch of a quantum technology–based blockchain architecture that enhances transaction security and transparency by integrating cyclic Quantum Secure Channels (QSC) with Quantum Key Distribution (QKD). The architecture features a four-layer design: a quantum communication layer, a blockchain core layer, a smart contract layer, and an application layer. QKD enables highly secure key generation and distribution, while quantum encryption safeguards transaction data against theft and tampering—and remains resistant to attacks from quantum computers.
Somnia, an L1 blockchain, has announced the launch of its ecosystem stablecoin USDso, issued and operated by the decentralized stablecoin protocol Frax Finance based on the frxUSD architecture. USDso employs an over-collateralized model and is backed by reserves including U.S. Treasury securities, enabling minting at a 1:1 ratio against assets such as USDC. Its yield distribution mechanism channels reserve yields back into the ecosystem—90% allocated to DeFi protocols and 10% reserved for an insurance fund. This stablecoin is designed to serve high-frequency trading, DeFi, and on-chain protocol use cases.
Odaily Odaily, Bitget PoolX will soon list projects CC and UMXM. Users can stake ETH to share 1,000,000 CC, or stake BTC to share 71,600 UMXM. Details are as follows:CC PoolX: The staking period is from 18:00 on May 6 to 18:00 on May 10 (UTC+8). Both ETH Static and Dynamic staking pools will be open, allocating 450,000 and 550,000 CC for airdrop rewards respectively. The ETH Dynamic pool will unlock tiered caps based on a user's trading volume over the last 15 days, with a maximum staking limit of 1,500 ETH.UMXM PoolX: The staking period is from 18:00 on May 6 to 18:00 on May 9 (UTC+8). Both BTC Static and Dynamic staking pools will be open, allocating 33,600 and 38,000 UMXM for airdrop rewards respectively. The BTC Dynamic pool will unlock tiered caps based on a user's trading volume over the last 15 days, with a maximum staking limit of 50 BTC.Additionally, users who participate in the corresponding PoolX during the event and have a positive net deposit will also receive BTC/ETH wealth management bonus vouchers. First-time participants can enjoy up to 10% BTC or 15% ETH bonus benefits.
Odaily Odaily, Bitget has integrated the AI trading platform Coincidence AI, introducing real-time decision support and enhanced risk monitoring capabilities into its platform trading environment, further refining the smart trading infrastructure under its Universal Exchange (UEX) framework.Through this integration, Bitget users can directly access market behavior analysis and position risk assessment features provided by Coincidence AI. The system continuously processes vast amounts of market data based on machine learning, offering more structured decision support for both discretionary and systematic trading, helping users identify market changes more promptly and optimize position management. Additionally, Coincidence AI's "Adaptive Agent" module will also be connected, aiming to assist traders in managing their exposure more flexibly during market volatility.
According to FinanceFeeds, Hyperliquid’s HIP-4 event contract achieved a notional trading volume of 6.05 million contracts on its first day—equivalent to over $6 million—setting a new record for opening-day trading volume in this product category. HIP-4 is Hyperliquid’s native event contract standard, enabling the creation of fully collateralized event market contracts based on specific outcomes. Data shows that the product’s first-day trading volume accounted for approximately 0.7% of the total trading volume across related prediction markets.
According to Cointelegraph, the Bank of Italy is urging the European Union to consider building a tokenized version of the SEPA payment system to keep pace with financial innovation. SEPA—the Single Euro Payments Area—aims to standardize cross-border payments within the eurozone. The Bank of Italy believes that, as tokenization and blockchain-based payments advance, the EU must assess pathways for upgrading its existing payment infrastructure.
SOL Strategies, a Nasdaq-listed Solana ecosystem treasury company, has announced it has entered into a definitive agreement to acquire HoudiniSwap, a cross-chain privacy exchange aggregation platform, for $18 million.HoudiniSwap is a non-custodial, privacy-oriented cross-chain transaction aggregator that enables users to find the best exchange routes across centralized exchanges, decentralized exchanges, and cross-chain bridges. The platform generated approximately $13 million in revenue last year.SOL Strategies stated that this acquisition supports its long-term strategy to "embed Solana into institutional financial infrastructure," expanding from a single validator and staking business into transaction routing, cross-chain liquidity, and software-based revenue structures. (The Block)
According to The Block, Payward, Kraken’s parent company, has announced the completion of its acquisition of Chicago-based crypto-native exchange Bitnomial, thereby obtaining a full suite of U.S. derivatives licenses from the Commodity Futures Trading Commission (CFTC), including Futures Commission Merchant (FCM), Designated Contract Market (DCM), and Derivatives Clearing Organization (DCO) licenses. Payward stated that it will first launch spot margin trading on Kraken, followed by perpetual contracts and options products, all available to eligible U.S. customers. This acquisition will also provide partners—including banks, brokers, and payment service providers—with a channel to offer U.S. derivatives to their end customers. Bitnomial will operate independently under Payward while retaining its existing licenses and regulatory framework. The transaction’s value is reported to be up to $550 million, comprising cash and stock, implying a valuation for Payward of approximately $20 billion; however, the final terms have not been disclosed.
Payward (Kraken’s parent company) has announced the completion of its acquisition of Bitnomial, marking its official entry into the U.S. crypto derivatives market with full regulatory credentials. Following the transaction, Payward now holds a comprehensive set of U.S. CFTC licenses, including Futures Commission Merchant (FCM), Designated Contract Market (DCM), and Derivatives Clearing Organization (DCO) status, enabling it to launch compliant derivatives services in the U.S. market.Payward stated that it will gradually roll out spot margin trading under the Kraken brand, followed by plans to launch perpetual contracts and options products, while expanding institutional-grade derivatives capabilities through the Bitnomial framework. It is reported that Bitnomial, as a Chicago-based native crypto derivatives trading platform, has long held the three core CFTC licenses and has been relatively aggressive in listing new assets. After the transaction, it will retain its existing licenses and regulatory framework, continuing operations within the Payward system.Additionally, this acquisition continues Payward’s recent expansion moves: the company had previously secured a $200 million investment from Deutsche Börse Group and filed IPO-related documents with the U.S. SEC, signaling its accelerated push into globally compliant derivatives and capital market pathways. (The Block)
According to Yu Jin’s monitoring, Bio Protocol recently launched a BIO staking-based IDO over the past two days, after which BIO surged by over 100%. Shortly after BIO’s rapid price increase, Bio Protocol’s multisig wallet transferred 80 million BIO tokens (approximately $5.15 million) to Binance and OKX eight hours ago.