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5/7
07:27
According to Gate data, WTI crude oil fell 5.00% intraday and is now at $92.21 per barrel.
07:20
Svmuu reports that German startup DeepL, which develops translation tools, has announced plans to lay off approximately 25% of its employees. Company CEO Jarek Kutylowski attributed this move to a "massive structural shift" brought about by artificial intelligence. Kutylowski stated in a LinkedIn post on Thursday that around 250 employees will be laid off. The company currently has just over 1,000 employees. As AI tools replace tasks traditionally performed by programmers, and tech companies redirect resources into building their own AI products, layoffs across the tech industry are rapidly expanding. Meta announced plans last month to cut 10% of its workforce. Microsoft, meanwhile, offered buyout packages to about 7% of its US employees. Founded in 2017, DeepL initially positioned itself as a competitor to Google Translate, offering tools to help developers build multilingual applications. In recent years, the company has also faced competition from translation services offered by ChatGPT and other AI tools. DeepL raised $300 million in funding in 2024, achieving a valuation of $2 billion, and has previously considered an IPO in the United States. (Jin Shi)
07:19
Svmuu News: According to Iranian media reports on the 7th, the naval forces of Iran's Islamic Revolutionary Guard Corps have designated two shipping lanes for vessel passage. However, ships are still prohibited from transiting the Strait of Hormuz without Iran's permission. (Xinhua News Agency)
07:11
Svmuu News: According to official sources, OKX Onchain OS has launched the Agentic Wallet Trading Competition, which officially started on May 7 at 18:00 (GMT+8) and will run for 14 days. The event is simultaneously held on both Solana and X Layer chains. Users can complete registration, trading, and prize collection by conversing with the AI Agent within the Agentic Wallet. The competition features multiple awards, including a Yield Rate Leaderboard, Profit Amount Leaderboard, Participation Prize, and Skill Quality Award, with a total prize pool of 50,000 USDC.
It is reported that OKX Onchain OS is an on-chain infrastructure suite open to developers and AI Agents. Integrated with the Agentic Wallet, it covers a wide range of on-chain operation scenarios.
07:01
Svmuu reports that ZachXBT posted on X platform, stating that the LAB founder spouts philosophical nonsense while engaging in CEX market manipulation that harms retail investors. He previously attempted to contact them privately, but the messages were read and ignored. Scammers further undermine the remaining credibility of the industry.
06:51
Svmuu reported that Grayscale has completed the rebalancing of its cryptocurrency industry funds for the first quarter of 2026. The DeFi fund added the Ethena token (ENA) with a weight of 13.59%, making it the fourth largest holding in the fund. Simultaneously, the fund completely removed the Aerodrome Finance token (AERO). After the rebalancing, the fund's main holdings consist of: Uniswap (UNI) at 35.22%, Aave (AAVE) at 21.36%, Ondo Finance (ONDO) at 19.83%, Curve DAO (CRV) at 5.27%, and Lido DAO (LDO) at 4.73%.
Furthermore, the Smart Contract Platform fund did not add or remove any assets this quarter. The weight of Ethereum (ETH) holdings increased to 30.14%, surpassing Solana (SOL) at 29.69% to once again become the largest holding. Cardano (ADA) ranks third with a weight of 17.96%, followed by Avalanche, Hedera, and Sui. This rebalancing was conducted based on the methodology of the CoinDesk DeFi Select Index and the CoinDesk Smart Contract Platform Select Ex Top Cap Index, aiming to ensure the fund's holdings remain compliant with liquidity, custody, and market capitalization requirements.
06:27
According to Onchain Lens monitoring, a newly created wallet has withdrawn 2,500 BTC from Binance, valued at $202.36 million.
06:26
According to Svmuu, a Pakistani official stated on the 7th that relevant departments held a meeting in the capital Islamabad that day to prepare for potential talks and even a signing ceremony between the United States and Iran, which may take place in Islamabad. Another Pakistani source revealed that the military, police, and other relevant personnel also held a joint meeting in Rawalpindi, a city near the capital, that day to determine security measures for the possible upcoming US-Iran negotiations next week. (Xinhua News Agency) (Jin10 Data APP)
06:18
Svmuu, CatFee.io officially launched its new Telegram bot product, focusing on the TRON energy leasing scenario to further lower the barrier for ordinary users to participate.
It is reported that the product features include "free usage, lightweight operation, and automated management." Users can directly perform energy management, bulk purchases, and energy distribution through Telegram without the need for complex on-chain configuration.
The official team stated that the new version of the bot includes functional modules like "TRON Companion" to help users quickly start energy leasing-related businesses. Currently, the bot is available for free use and is expected to continuously expand more TRON ecosystem features in the future, providing more cost-effective on-chain solutions for scenarios such as high-frequency transfers, daily payments, and fund aggregation.
05:59
According to data from msx.com, crypto-related stocks showed mixed performance in U.S. pre-market trading. Eightco Holdings rose 0.85%; meanwhile, Strategy (MSTR) fell 1.19%, Bitmine dropped 1.00%, Coinbase declined 0.83%, Circle decreased 0.84%, SharpLink slid 0.39%, and Solana fell 2.70%.
It is reported that msx.com is a decentralized RWA trading platform that has listed hundreds of RWA tokens, covering U.S. stocks and ETF tokenized assets such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA.
05:48
Monitoring by the Svmuu Seer Channel shows that the prediction market Predict.fun has launched a new event: "Who Will Top This Week's XHunt Chinese KOL Rankings," with total trading volume exceeding $110,000.
Among them, the probability of CZ topping this week's XHunt Chinese KOL rankings is currently reported at 83%; the probability of Justin Sun topping the rankings is currently at 4%; the probabilities for KOLs such as Heyi, JackYi, 杀破狼, and 嗯哼 topping this week's XHunt Chinese KOL rankings are currently in the range of 1% to 2%.
The settlement criteria for this event are based on XHunt's historical rankings. Specifically, the "Board" is set to "Popular KOL," the "Category" is set to "China Region," the "Window" is set to "7 Days," and the "Date" is set to May 11, 2026.
The Svmuu Seer Channel continues to monitor the prediction market, seeing the changes before the price is set.
05:38
According to Gate data, spot silver has broken through the $80 per ounce mark, currently trading at $80.034, with a daily gain of 3.50%.
05:33
SvmuuBitMart's "BM Discovery" zone has launched sato (SATO) at 18:00 on May 7 (UTC+8), with the SATO/USDT trading pair now available.
sato is an ERC-20 asset on Ethereum, minted and repurchased via Uniswap v4 Hook. It is issued using an index bonding curve, with no pre-sale, migration, or operator intervention.
05:05
Svmuu reports: According to the official financial report of Bitcoin mining company Core Scientific, the company's total revenue for the first quarter of 2026 was $115 million, an increase from $79.5 million in the same period last year. Gross profit was $30.1 million. Hosting revenue increased to $77.5 million from $8.6 million in the year-ago quarter, while self-mining revenue decreased to $30.1 million. Despite the revenue growth, the company recorded a net loss of $347 million for the quarter, compared to a net profit of $576 million in the same period last year.
The loss was primarily driven by a $266 million non-cash impairment loss and a $30.8 million non-cash loss related to changes in the fair value of warrants and contingent value rights. Additionally, Core Scientific announced the acquisition of Bitcoin mining company Polaris DS LLC for $421 million and expanded its total planned power capacity to 4.5 GW. Impacted by the financial report, the company's stock fell 7% in after-hours trading and declined 6.25% in pre-market trading on Thursday.
04:53
Svmuu reported that the onshore renminbi closed at 6.8015 against the US dollar at 16:30 on May 7, up 134 points from the previous trading day. (Jin Shi)
04:29
Svmuu News: The South Korean government will implement taxation on crypto assets as planned in January next year. The National Tax Service is currently preparing the relevant notice, which is expected to be made public and undergo a legislative preview soon. Moon Kyung-ho, head of the Income Tax Division at the Ministry of Economy and Finance, stated that the National Tax Service has conducted multiple practical adjustments with the five major crypto asset operators, including Upbit, Bithumb, Coinone, Korbit, and Gopax.
According to the current Income Tax Act, starting January 1 next year, income from the transfer or lending of crypto assets will be classified as other income. A comprehensive tax rate of 22% will be levied on income exceeding 2.5 million won, comprising 20% income tax and 2% local income tax. This policy is expected to affect approximately 13.26 million investors.
04:16
Svmuu reported that Ark Invest, the fund managed by Cathie Wood, recently made a substantial purchase of Robinhood (HOOD) shares at a low price. Nick Grous, Research Director at Ark Invest, posted on X today stating that trading revenue is inherently cyclical and highly influenced by market conditions. Focusing solely on this data means missing the truly significant changes.
Currently, the most important story for Robinhood is its subscription service, Robinhood Gold, a mechanism that continuously pulls users deeper into the Robinhood ecosystem. As of the first quarter of this year, the penetration rate of the Gold service among funded users had reached 15.8%, and 40% of new users choose to subscribe to Gold directly upon registration. In the long run, an increasing number of Gold-exclusive services will form a more stable, sustainable revenue base that is less susceptible to market sentiment. This is the core narrative of Robinhood evolving from a mere brokerage platform into a "financial super app," and this flywheel is still in its very early stages.
Previously, Robinhood reported first-quarter earnings last month that fell short of market expectations, causing its stock price to drop 13% in a single day. However, Ark Invest took the opportunity to buy the dip, spending approximately $39.7 million to purchase over 550,000 shares of HOOD, which were allocated to its three flagship funds: ARKK, ARKW, and ARKF. The stock has now become one of the top six holdings in these three funds, accounting for about 3% of their portfolios.
04:06
Svmuu, World Liberty Financial co-founder Zach Witkoff appeared on Fox Business to discuss the company's latest breakthroughs in AI and decentralized finance. Witkoff pointed out that WorldClaw is a key piece of the puzzle in realizing the Agent economy vision. WorldRouter, as an AI model aggregation platform, supports access to over 300 mainstream AI models—including GPT-5.5, Claude Opus 4.7, and Gemini 3.1 Pro—via a single account, with pricing 30% lower than official channels. WorldClaw AgentOS integrates the native stablecoin USD1 for instant and transparent settlement. Users can stake WLFI tokens to obtain AI credit packages and unlock whitelist eligibility. The project has the backing of the Trump family, aiming to establish the United States as the global hub for crypto and AI.
03:56
Israeli media: Iran is open to transferring enriched uranium. Svmuu reports that, according to Israeli N12 news, Iran has shown surprising openness to Washington's main demand—transferring its stockpile of 60% enriched uranium to a third country. However, the two sides have not yet reached any agreement on the identity of the country that will receive the stockpile. (Jinshi)
03:34
Svmuu reports that according to OKX market data, SOL has broken above 90 USDT and is currently trading at 90.02 USDT, with a 24H increase of 2.61%.

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