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5/6
10:10
Svmuu News Apple has agreed to pay $250 million to settle a class-action lawsuit alleging that it misled consumers about the AI capabilities of its iPhone devices. The lawsuit claimed that Apple exaggerated non-existent AI features when promoting Apple Intelligence in June 2024, and that the iPhone 16 shipped in September of that year did not include the promised AI capabilities. Although Apple denies any wrongdoing, it has agreed to provide compensation ranging from $25 to $95 per device to U.S. consumers who purchased related iPhone 15 and iPhone 16 models between June 10, 2024 and March 29, 2025. The settlement covers approximately 36 million phones sold in the United States. Apple has now announced that it will use Google's Gemini to power its AI products, including Siri.
09:59
Svmuu News: Before a Manhattan federal court hearing, lawyers for North Korean victims are attempting to redefine the April rsETH attack on Aave as "fraud" rather than "theft," in order to maintain a freeze order on $71 million worth of ETH. The lawyers argue that the attacker used worthless collateral to borrow assets and failed to repay, constituting a fraudulent loan transaction, aiming to use these frozen assets to satisfy terrorism-related judgments under the Terrorism Risk Insurance Act. Previously, hackers linked to the Lazarus Group exploited a cross-chain bridge vulnerability to mint unbacked rsETH and borrowed approximately $230 million in assets from Aave, of which $71 million was intercepted by Arbitrum developers. The victims' lawyers are also questioning Aave's eligibility to file a defense, pointing out that its terms of service state it has no control over user assets. Additionally, DeFi United has raised $327 million, exceeding the amount in dispute.
09:55
Svmuu reported that, according to Onchain lens monitoring, “1011 Insider Whale” agent Garrett Jin deposited 166,000 ETH, worth approximately $395 million, to Binance after a two-month silence.
09:31
According to data from msx.com, at the US stock market open, the Dow Jones rose 0.98%, the S&P 500 gained 0.62%, and the Nasdaq increased by 0.64%. Performance in the crypto sector was mixed: SharpLink rose 1.58%, Solana gained 0.93%, and Circle increased 0.65%. Meanwhile, Strategy (MSTR) fell 2.26%, Coinbase declined 1.95%, and Bitmine dropped 0.74%.
It is reported that msx.com is a decentralized RWA trading platform that has listed hundreds of RWA tokens, covering US stocks and ETF tokenized assets such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA.
09:30
According to the latest data from Gate, the price of gold rose to $4,685.60 per ounce, up 2.81% on the day. The price of silver rose to $76.838 per ounce, up 5.57% on the day.
BVIX (BTC Volatility Index) is currently quoted at 41.08, up 0.24% on the day. EVIX (ETH Volatility Index) is currently quoted at 55.50, up 0.04% on the day.
In the forex market, the offshore Chinese yuan (USD/CNH) fell 0.21% on the day, currently at 6.81289. The Japanese yen (USD/JPY) fell 1.04% on the day, currently at 156.241.
In commodities, WTI crude oil fell 6.18% on the day to $97.91 per barrel. Brent crude oil fell 6.35% on the day to $108.00 per barrel.
Gate supports users in directly trading traditional financial market products on its platform, offering a one-stop solution covering precious metals, forex, global stock CFDs, major indices, and commodities. This enables the deep integration of crypto and traditional financial assets. Gate TradFi related features have been fully integrated into the Gate App and Web interface, allowing users to conveniently participate in global asset price trading without switching platforms, unlocking more strategies and opportunities beyond the crypto market, and continuously enhancing their multi-asset allocation experience.
09:24
Svmuu News On the 6th local time, Ebrahim Rezaei, spokesperson for the Iranian Parliament's National Security and Foreign Policy Committee, stated on social media that the multiple remarks made by the US side on Axios were “the American wish list, not reality. What Americans cannot obtain in face-to-face negotiations, they will not obtain in a losing war either.” Rezaei also stated that if the US does not make the necessary concessions, Iran is ready to fire. (CCTV)
09:11
Svmuureports that Coinbase will list KAIO (KAIO) spot trading on May 6. If liquidity conditions are met and trading is supported, the KAIO-USD trading pair will open later today.
09:09
Svmuu reported that OpenTrade has announced the completion of a $17 million strategic funding round, led by Mercury Fund and Notion Capital, with participation from a16z crypto, AlbionVC, CMCC Global, and others. The project primarily provides institutional-grade on-chain and real-world asset-backed lending and stablecoin yield products. OpenTrade plans to use the funds to expand its permissioned and permissionless infrastructure, including the Curation+ vault curation framework, and to grow its asset management, trading, and engineering teams. OpenTrade processed over $250 million in transaction volume in 2025 and currently has a total value locked exceeding $200 million.
09:09
Svmuu: Iranian Student News Agency reports that Iran is discussing ending the war, not the nuclear issue.
Iranian Student News Agency: Part of the report by US media AXIOS (regarding the Iran issue) is speculative.
08:59
Colombian President Gustavo Petro has stated that Caribbean coastal cities such as Barranquilla, Santa Marta, and Riohacha could leverage surplus renewable energy to become Bitcoin mining hubs. Petro proposed involving the largest local indigenous community, the Wayúu, in shared ownership of the project, and believes this move will significantly boost development in the Caribbean region. Currently, approximately 75% of Colombia's electricity comes from renewable sources. The plan aims to emulate Paraguay's model of attracting miners with cheap, clean energy. As U.S. miners shift towards the AI computing sector, Colombia hopes to fill the global gap in computing power share by offering idle electricity.
08:52
Svmuu News: According to an official announcement, the Binancewallet is launching the third season of its “On-Chain Trade & Win Campaign” effective immediately.Registration runs from May 6, 2026, at 12:00 to May 21, 2026, at 4:00 (UTC), and the competition period is from May 7, 2026, at 4:00 to May 21, 2026, at 4:00(UTC). Users must register using the Binance wallet and participate in on-chain trading. Traded tokens must be based on the BSC or SOL chain, and trading pairs must include USDT, USDC, USD1, U, BNB, WBNB, SOL, or WSOL.Rewards will be distributed based on PnL rankings achieved during the contest period, with the top 50 users receiving BNB or SOL rewards.
08:50
Svmuu reported, citing media citing the French Ministry of Defense on the 6th, that the French aircraft carrier Charles de Gaulle is crossing the Suez Canal toward the Red Sea to enhance regional security and prepare for a multinational escort operation in the Strait of Hormuz. (Xinhua News Agency)
08:19
Svmuu reports that Trump says it is "premature" to prepare for a peace agreement with Iran. (New York Post)
08:15
Svmuu reports: US ADP employment for April came in at 109,000, versus expectations of 99,000 and a prior reading of 62,000. (Jin10)
08:11
Svmuu reports that according to Gate Ventures' latest weekly report, the global market performance is generally stable, but inflationary pressures and policy divergences are rising simultaneously. The S&P 500 topped the 7,200 mark for the first time. The Fed kept interest rates unchanged but showed major internal divisions. Compounded by volatile oil prices due to supply shocks in the Strait of Hormuz, market expectations of "stagflation" have intensified. Against this backdrop, the crypto market remains in a consolidation pattern, with BTC largely flat and ETH experiencing a slight pullback. ETF fund flows are diverging, and market sentiment remains cautious.
At the industry level, the CLARITY Act has clarified the boundaries for stablecoin yields, further promoting a clearer regulatory framework. EURC is seeing rapid growth in Spanish retail payment scenarios, indicating that localized stablecoin applications are coming to market. The Solana ecosystem is advancing its post-quantum signature scheme, Falcon, reflecting the industry's forward-looking layout for long-term security. In terms of investment and financing, 15 deals were completed this week, with a total volume of $167 million, representing a 205% increase week-over-week. The infrastructure track continues to dominate. Among these, Four Pillars completed a Series A funding round to strengthen institutional-grade research and infrastructure capabilities. Belo secured $14 million in a funding round led by Tether, accelerating the expansion of its stablecoin payment network in Latin America. Overall, capital continues to concentrate towards infrastructure and cross-asset platforms, driving the industry's accelerated evolution towards institutionalization and multi-asset integration.
08:09
According to a report from the New York Times, officials at the White House and the U.S. Treasury Department have held internal discussions about expanding the investment scope of the "Trump Account" (formally known as the 530A Account). Current discussions include allowing the world's wealthiest individuals to donate shares of their company stock. Currently, the Trump Account only permits cash investments in diversified index funds and does not allow stock donations. This concept aims to leverage the yet-to-be-realized wealth of billionaires like Elon Musk or Jensen Huang. If the relevant rules are amended, Musk could directly donate shares of Tesla or SpaceX, and Jensen Huang could donate shares of Nvidia.
Compared to the slow but steady returns of index funds, children would be able to hold exposure to high-growth, large-cap tech stocks over the long term, potentially yielding enormous gains. Donors, meanwhile, could transfer billions of dollars worth of highly appreciated stocks without triggering capital gains tax, while also receiving a full charitable contribution tax deduction based on the stock's fair market value, further reducing their tax burden.
However, this idea has sparked debate within the Treasury Department. Limiting the Trump Account to diversified index funds was originally intended to protect children from drastic market fluctuations. Changing the current rules would require amending relevant regulations, which may need to be accomplished through legislation. (Jin Shi)
08:06
Svmuu News: According to official sources, the Jito Foundation is partnering with Solana Company (NASDAQ: HSDT) to provide institutional-grade Solana infrastructure in the Asia-Pacific region. The two parties will operate BAM validators using Pacific Backbone in Hong Kong, Singapore, Japan, and South Korea. This low-latency infrastructure network supports staking, validation, and trading services in the Asia-Pacific region. Additionally, they will jointly develop an institutional-grade JitoSOL staking product, delivered through Solana Company's consulting service model, to meet the compliance requirements of large capital allocators. The head of the Jito Foundation for the Asia-Pacific region stated that this collaboration aims to combine Jito's market layer technology with Solana Company's regional experience and institutional network, laying the foundation for scalable and compliant participation within the Solana ecosystem.
08:00
Svmuu: Corning (GLW.N) surged 18% in pre-market trading after NVIDIA announced a long-term partnership with Corning.
07:53
Svmuureported that according to on-chain analyst Ai Yi's monitoring, address 0xebe...14070 has accumulated long positions worth $55.36 million in crude oil, including CL and BRENTOIL, with entry prices of $107.1 and $112.4 respectively. The address partially cut its position today, incurring a loss of $586,000. It currently still faces unrealized losses of nearly $10 million. Additionally, the address has paid $93,000 in funding fees.
07:46
Svmuu: US President Trump stated that if Iran does not agree to the deal, bombings will begin.
US President Trump stated that if Iran agrees, the "Epic Rage" operation will end; at that time, with highly effective blockade measures, the Strait of Hormuz will be fully opened to all parties, including Iran. (Jinshi)

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