News linked to both this project and an event.
Aave founder Stani stated on X platform that the Spokes mechanism in version V4 will become the core architecture for protocol scaling. This mechanism is a scalable lending market module that supports both general functions and customized development. It can be integrated with various businesses such as AMM, perpetual contracts, fixed-rate lending, and asset custody, thereby extending the platform's liquidity boundaries. Leveraging Spokes, Aave allows collaboration with external specialized teams to accelerate product innovation while maintaining protocol-level integration. Meanwhile, the Aave DAO can generate revenue through a fee-sharing mechanism, achieving a two-way synergy of "liquidity in exchange for speed and innovation."
the U.S. government's export controls and access restrictions on Anthropic's models, Fable 5 / Mythos 5, were partly driven by Amazon's cybersecurity research and AWS CEO Andy Jassy's communications with the White House.It is understood that research submitted by Amazon indicated that through a series of prompt tests, researchers could induce Fable 5 to output sensitive information potentially usable for cyberattacks, raising security concerns. Subsequently, Andy Jassy reported these findings to the U.S. government level, prompting the White House to implement further restrictions, including banning foreign users from accessing the model.Meanwhile, former U.S. Commerce Department official Kate Koren revealed that the White House's existing policy stance towards Anthropic may have also influenced this decision. This is because Anthropic has disagreements with the White House over the boundaries of AI safety, including refusing to use its models for mass surveillance or lethal autonomous weapons systems. Although the two sides had eased tensions and expanded cooperation earlier this year, this incident could reignite strained relations between them. (The Wall Street Journal)
Gate has announced the official launch of SpaceX (SPCX) trading. Users can participate in SPCX trading through the Gate stock section. As the first project under Gate's IPO Access, SpaceX has completed its share distribution and officially entered the real stock trading phase.Additionally, Gate has launched exclusive benefits for users who subscribed to SpaceX (SPCX). Participating in designated USDT savings products can earn up to 200% annualized yield, while holding USD1 provides extra rewards. Meanwhile, the platform has also initiated a limited-time "SPCX Stock Launch Plan" campaign. During the event, users can receive a first-order reward by engaging in stock trading, share their SPCX holdings to potentially receive a stock airdrop, and by completing a specified trading volume and competing on the leaderboard, they can share a total SPCX stock prize pool worth 50,000 USDT.Furthermore, Gate Stock has launched its web trading terminal, achieving comprehensive coverage across both the App and Web platforms. Gate Stock supports trading of over 10,000 US mainstream market stocks and ETFs using USDT, covering major US securities exchanges such as the NYSE and NASDAQ. It also supports fractional share trading, with a minimum order size of 0.01 shares. With the introduction of IPO Access, Gate is progressively building a product ecosystem that spans Pre-IPO, IPO, and stock trading, providing users with a more convenient one-stop global investment experience.
sources say NVIDIA has begun pitching its first independent central processing unit (CPU) product, Vera, to Chinese clients. Designed specifically for Agentic AI systems, the chip has entered mass production, marking NVIDIA's attempt to further expand its presence in the Chinese market with a CPU offering.According to sources, some Chinese clients have already shown interest in Vera. One major Chinese cloud computing company plans to procure over 300 servers equipped with dual Vera CPUs for testing, and will decide whether to expand procurement after the tests are completed.Built on the Arm Holdings architecture, Vera is NVIDIA's first independent CPU product. NVIDIA has previously stated that Vera's performance in AI agent-related computing tasks is 1.8 times that of comparable competitor products, and expects the product to contribute approximately $20 billion in revenue by the end of this fiscal year (ending January next year).The report notes that as the AI industry's focus gradually shifts from model training to inference computing, CPUs and custom chips are gaining more attention. Vera also positions NVIDIA to directly compete with Intel and Advanced Micro Devices (AMD), which have long dominated the server CPU market.Sources indicate that due to strict U.S. export restrictions on high-end GPUs, CPUs face relatively smaller regulatory hurdles in the Chinese market compared to GPU products. Currently, some Chinese clients plan to first deploy Vera chips for testing in overseas data centers. Meanwhile, software ecosystem compatibility and existing domestic AI chip deployment frameworks may still impact the subsequent large-scale adoption of Vera. (Reuters)
the Chicago Mercantile Exchange Group (CME Group) announced plans to launch gold and WTI crude oil futures products available for trading 24 hours a day, 7 days a week, to meet global investors' demand for around-the-clock markets. It is reported that CME Group will launch the Micro WTI Crude Oil Futures contract on August 30, which will be one-tenth the size of the standard WTI crude oil futures contract. Meanwhile, the 1-ounce gold futures contract is planned to support 24/7 trading starting July 26. However, these products are still subject to regulatory approval. They will be listed for trading on the New York Mercantile Exchange (NYMEX) and the New York Mercantile Exchange's precious metals market (COMEX), respectively, and will be cash-settled. (Bloomberg)
Zcash core developer Sean Bowe posted an update on the progress of the Ironwood upgrade, stating that over the past 48 hours, protocol developers from various organizations have held two meetings and reached consensus on multiple specifications and implementation details for Ironwood. These include disabling Orchard pool bundles in Coinbase transactions, using anchors as authentication data for hardware wallet migrations, and the processing order of ZIPs and specifications.Currently, the Ironwood circuit and the ZIP 2005 integration draft are under review. Valar Group has completed testnet deployment and implemented some wallet-side changes. Meanwhile, formal verification work is progressing, and the development team plans to meet tomorrow to finalize the verification strategy. Additionally, at least three major audit firms are conducting security audits on Orchard, and multiple AI audit tools have been put into use simultaneously. Sean Bowe stated that the overall development progress is running smoothly.
digital asset platform Gate has released its May 2026 transparency report. The report indicates that multi-asset trading and prediction markets are becoming key growth engines for the platform. As of the end of May, Gate had listed 605 CFD trading assets, covering multiple categories including stocks, indices, forex, metals, and commodities, ranking among the top globally among crypto trading platforms in terms of asset count. Additionally, Gate Stocks allows users to trade over 10,000 US stocks and ETFs from major U.S. markets using USDT, covering the main U.S. securities trading markets and liquidity networks. The platform's direct IPO first-phase project, SpaceX, saw意向 subscription amounts exceed $100 million.Meanwhile, the platform continues to deepen its presence in the prediction market sector. Gate has deeply integrated Polymarket, launching features such as smart money tracking, wallet monitoring, top holdings, profit/loss statistics, and AI analysis. As the first CEX platform to integrate Polymarket, Gate continues to strengthen its advantage as a prediction market gateway, maintaining a leading position in user participation scale, market activity, and ecosystem influence.Furthermore, Gate's flagship event, WCTC S8, successfully concluded in May, attracting over 80,000 participants and 9,500 registered teams. The cumulative total weighted trading volume for the event exceeded $50 billion, with the CFD segment alone accounting for a cumulative trading volume of over $140 billion, reflecting the strong growth momentum of traditional financial assets within crypto trading scenarios. As stablecoins, RWA, asset tokenization, and prediction markets emerge as new growth engines for the industry, Gate will continue to expand its business layout in stocks, forex, and IPOs, aiming to build a comprehensive one-stop global digital financial services platform.
Odaily News OpenAI is considering significantly reducing product prices to navigate potentially escalating fierce competition with Anthropic.The report states that OpenAI expects competition in the AI services market to further intensify, potentially evolving into a price war. Meanwhile, some enterprise clients have begun showing higher sensitivity to current AI product pricing levels.Insiders indicate that against the backdrop of enterprise users consistently monitoring AI usage costs, the industry's pricing system may face a reshaping, potentially forcing competitors to adjust their pricing strategies. Analysis suggests that as the generative AI industry enters a new phase of commercial competition, price and inference cost control are becoming critical factors for major players vying for market share. (WSJ)
According to CoinTelegraph, blockchain intelligence firm TRM Labs released a report forecasting that the on-chain prediction market’s transaction volume for Q1 2026 will reach $3.66 billion—surpassing on-chain gambling’s $1.4 billion for the first time. On-chain gambling achieved a total annual transaction volume of $5.1 billion in 2025, setting a new quarterly record of $1.5 billion in Q4 2025. TRM Labs noted that despite the broader crypto market correction, transaction volumes in both sectors showed no significant decline—largely sustained by the continued activity of loyal user bases. Regarding user composition, “high rollers” accounted for only 6.3% of individual wallets yet generated 91.8% of total transaction volume. Meanwhile, the monthly transaction volume of average bettors grew from $17 million in January 2022 to $188 million in March 2026; the transaction volume of daily gamblers increased twelvefold over the same period, indicating substantial expansion of incremental user groups. From a risk perspective, TRM Labs highlighted differing financial crime risks across the two platform types: gambling platforms face higher money laundering risks, whereas prediction markets are more likely to draw scrutiny over insider trading.
Ripple has announced a new toolkit for developers to build "agentic payments" applications on the XRP Ledger (XRPL), enabling AI agents to execute automated financial transactions.Ripple stated that AI agents are no longer a future concept; they are already actively participating in paying for computing power, settling invoices, and completing transactions without human intervention. As the application of AI agents expands, the market is accelerating the construction of machine-oriented payment infrastructure, including wallets and stablecoin payment channels, allowing AI to autonomously handle service payments and asset trading.This week, Robinhood also launched a related initiative, allowing users to try stock trading executed by AI agents, with plans to expand into the crypto asset sector in the future; MetaMask has also released a non-custodial wallet solution for AI agents.Ripple pointed out that traditional payment systems are primarily designed for human-initiated and approved processes, whereas AI agents require infrastructure that enables rapid settlement, predictable outcomes, and no need for manual approval. It emphasized that its new toolkit also supports payments based on the x402 protocol, allowing settlement using XRP and Ripple USD (RLUSD).Meanwhile, the IC3 team, composed of researchers from multiple universities, stated that while combining AI with blockchain can achieve automated transactions, AI agents remain highly dependent on humans and the underlying infrastructure and do not possess complete autonomy. (The Block)
market maker Wintermute released a weekly market analysis report stating that Bitcoin fell below $62,000 last week, with a weekly decline of approximately 14%, hitting a new low since September 2024. Wintermute believes that although Strategy founder Michael Saylor disclosed the sale of 32 BTC, drawing market attention, the scale of this transaction is negligible. The real reason for the market's weakness is the continuous reduction of positions by U.S. institutional investors and the outflow of funds from spot Bitcoin ETFs.Wintermute pointed out that the U.S. added 172,000 non-farm jobs in May, far exceeding the market expectation of approximately 80,000. Meanwhile, job openings rose to a near two-year high, and the service price index hit a new high since August 2022. Strong economic data has weakened market expectations for a Fed rate cut, pushing the 10-year Treasury yield to 4.55%, creating a "good news is bad news" macro environment that pressures risk assets.Meanwhile, the rally in AI concept stocks has shown signs of weakening, with the Nasdaq index falling 4.7% for the week and the S&P 500 recording its first weekly decline since March. Wintermute believes that the pullback in the AI sector, rising yields, and the upcoming SpaceX IPO have collectively dampened market risk appetite.In the crypto market, U.S. spot Bitcoin ETFs have experienced net outflows for 10 consecutive trading days as of May 30, with total outflows of approximately $2.97 billion. The net outflow in May reached $2.43 billion, marking the worst monthly performance since 2026. Wintermute OTC data shows that retail funds continue to flow into U.S. stocks, while U.S. institutional investors have recently turned bearish and are leading the selling.However, Wintermute believes there are also positive signals in the market, including long-term capital gradually building positions at current price levels. From a perspective of more than one year, Bitcoin's risk-reward ratio is becoming more attractive. The report stated that the SpaceX IPO on June 12 will serve as an important barometer for observing market risk appetite. If the issuance is smoothly absorbed, it could help boost market sentiment; conversely, it may exacerbate the pressure on risk assets.
Humility Protocol released a security incident update on the X platform, stating that its H token suffered a coordinated attack on the Ethereum and BSC chains yesterday, with confirmed losses exceeding $36 million in stolen and dumped assets.Preliminary investigations indicate the incident originated from a compromised employee computer, which led to the leakage of private keys for the multi-signature wallet controlling the Hyperlane Bridge ProxyAdmin. Specifically, the attacker obtained 3 out of 6 private keys of the Gnosis Safe wallet on the Ethereum chain, transferred ownership of the ProxyAdmin to a wallet under their control, upgraded the bridge contract to a malicious implementation, and subsequently transferred approximately 141.2 million H tokens in a single transaction.Simultaneously, the attacker also gained control of 3 out of 5 private keys of the Safe wallet on the BSC chain, took over the ProxyAdmin using the same method, deployed a malicious contract with unlimited minting functionality, and minted 200 million H tokens in two separate transactions to their own wallet.Humility stated that it has suspended all deposit and withdrawal operations on the affected bridge services and is collaborating with partners such as exchanges to mitigate losses. Meanwhile, it is cooperating with the police investigation and attempting to recover part of the stolen funds.
According to Tech Funding News, AMD CEO Lisa Su announced at London Tech Week that the company will invest up to £2 billion in UK AI infrastructure over the next five years, covering national supercomputing infrastructure development and university research collaborations. Meanwhile, AMD is partnering with Oriole Networks—a startup spun out from University College London (UCL)—to deploy the world’s first large-scale, all-photonic network AI system under the UK government’s £50 million ARIA Inference Scaling Lab initiative. This system integrates Oriole’s PRISM photonic networking platform with AMD Instinct GPUs and EPYC CPUs; by completely eliminating electronic switches from the network core, it reduces core network energy consumption by 81% and cuts GPU idle time from 60% to under 1%.
Web3 security company Immunefi's latest "2026 Ecosystem Vulnerability Audit Report" shows that losses from DeFi protocol hacks have fallen 74% from a peak of $2.62 billion in 2022 to approximately $680.3 million in 2025.The report notes that the median loss per individual attack has also significantly decreased, from $6 million in 2022 to $1.5 million in 2025, reflecting an overall improvement in security standards. Meanwhile, the share of bridge exploits in total DeFi losses has dropped sharply from 73% in 2022 to 3% in 2025, and the proportion of flash loan attacks has fallen from 54% to less than 1%.The proportion of risks at the infrastructure level (such as private key leaks and database attacks) also decreased from 30.7% in 2022 to 10.3% in 2025. Immunefi stated that this reflects continuous optimization in oracle design, reentrancy attack protection, and access control standards, making the DeFi ecosystem "generally becoming safer."However, the report also notes that losses slightly rebounded to $680.3 million in 2025, primarily due to increased complexity in multi-chain systems and a few high-severity incidents. At the same time, the number of independent security incidents continues to rise, indicating the attack surface is still expanding. (The Block)
According to monitoring by Karthik Subramanian, Hyperliquid's perpetual contract trading volume reached 6.63% of the total perpetual contract trading volume on global centralized exchanges (CEX) in May, setting a new record. Meanwhile, the platform's trading volume reached 14.4% of Binance's. Data shows that developer-deployed markets supported by the HIP-3 framework (a framework for deploying new perpetual contract markets on the platform) generated over $62 billion in monthly trading volume in May. Currently, global perpetual contract activity remains dominated by centralized exchanges such as Binance, OKX, Bybit, and Bitget, with Binance maintaining its leading position in this sector. (financefeeds)
Odaily news, US Treasury Secretary Scott Bessent stated at a Senate Finance Committee hearing that the Treasury Department is steadily advancing the establishment of a strategic Bitcoin reserve. Meanwhile, Scott Bessent urged lawmakers to support the digital asset regulatory bill "Clarity Act" and expressed hope that it would pass this summer, in order to bring US best practices home and make America the world’s innovation capital.Regarding the strategic Bitcoin reserve, Scott Bessent noted that while the process is complex, it is moving forward, ensuring the adoption of best practices amid the complexities so that it can be sustainable in the future. (The Block)
Global payment networks Stripe, Visa, and Mastercard are close to launching a new stablecoin platform.According to sources familiar with the matter, U.S. cryptocurrency exchange Coinbase is also exploring the possibility of participating in this stablecoin platform. Meanwhile, Binance, Coinbase, Stripe, and Visa have all declined to comment, and Mastercard did not respond to requests for comment before publication. Additionally, the revenue-sharing agreement between Coinbase and Circle Internet is set to expire and be renewed in August of this year, with the current market cap of USDC reaching $76 billion. (CoinDesk)
Odaily Planet Daily reported that, according to Lookonchain, as the crypto market continues to decline, Tom Lee-backed Ethereum reserve company Bitmine's unrealized book losses have exceeded those of Strategy's Bitcoin holdings.Data shows that Bitmine currently holds 5,416,901 ETH, worth approximately $10.03 billion at current market prices, incurring unrealized losses of about $8.9 billion from the average purchase cost.Meanwhile, Strategy, led by Michael Saylor, holds 843,706 BTC, currently valued at approximately $56.26 billion, with book unrealized losses of about $7.6 billion.
According to the Central Bank of Russia’s “Financial Stability Review,” Russian private investors currently hold approximately 3.8 billion rubles in cryptocurrency-linked financial instruments—a figure nearly unchanged from 3.7 billion rubles six months earlier—indicating stagnation in market interest growth. Of this amount, 1.7 billion rubles flowed into crypto-linked corporate bonds; 5,600 investors collectively held cryptocurrency futures positions worth 1.7 billion rubles; and roughly 3,800 investors allocated 354 million rubles to digital financial assets pegged to Bitcoin and Ethereum. Major issuers include large banks such as Sber and VTB. Meanwhile, the Moscow Exchange has progressively launched Bitcoin and Ethereum futures, along with related ETFs, and will introduce Solana, Ripple, and TRON futures in May 2026.
the US Senate has returned from its Memorial Day recess, but with only about a four-week legislative window remaining before entering a two-week recess related to the July 4th Independence Day holiday, the crypto market structure bill, the Clarity Act, is facing time pressure to advance.The report indicates that during this period, the Senate must prioritize several agenda items, including the Department of Homeland Security appropriations, Pentagon budget supplements, and the extension of FISA Section 702 authorization, creating a highly congested legislative schedule. Even if the bill enters the deliberation phase, the associated voting process could take one to two weeks.Meanwhile, the bill itself is still in the coordination phase between versions from the Senate Banking Committee and the Agriculture Committee, with disagreements remaining on some key provisions, making negotiations relatively complex. The prolonged battles over issues such as stablecoin yields have already consumed significant political capital, while the current focus has shifted to unresolved clause differences within the Agriculture Committee's version.As the bill needs 60 votes in the Senate to overcome a filibuster, bipartisan consensus is critical. Several Democratic senators have indicated that ethical constraints on government officials' crypto asset holdings and the regulatory authority of enforcement agencies in the DeFi sector will be important prerequisites for supporting the bill.Analysts point out that even if it fails to pass before July 4, the bill could still advance before the August recess. However, if it is postponed deeper into the election cycle, its political momentum may face uncertainty. (Crypto In America)