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5/8
20:09
A whale has opened a long position worth $10.2 million in ZEC
According to Onchain Lens monitoring, a whale has opened a long position worth $10.2 million in ZEC with 10x leverage over the past 3 hours, with a liquidation price of $565.64. The whale also currently holds long positions in CRCL and NVDA, with leverage multiples of 10x and 20x respectively.
20:04
Polymarket Launches $2 Million Liquidity Incentives for Sports Markets
Mustafa, a member of the Polymarket official team, posted on platform X that Polymarket has launched a $2 million liquidity rewards program for sports markets, which will continue over the next few weeks. At the same time, the platform will also roll out additional liquidity incentives for other markets in the coming days.
Polymarket Launches $2 Million Liquidity Incentives for Sports Markets
20:03
LayerZero: Multi-Sig Security Mechanism Updated
Svmuu reported that LayerZero Labs posted on platform X, stating that the internal RPC used by LayerZero Labs had been attacked by the Lazarus Group over the past three weeks, compromising the true source of its DVN (Decentralized Verifier Network). Meanwhile, external RPC providers experienced DDoS attacks. The incident affected 0.14% of applications and approximately 0.36% of asset value. LayerZero Labs stated that assets are currently secure, and over $9 billion in funds have been bridged through the protocol since April 19.
In response to the security risk, LayerZero Labs has ceased providing services for its DVN in a 1/1 configuration. Default configurations for all pathways will migrate to a multi-DVN model of at least 3/3 or 5/5 signatures. Additionally, regarding an incident from three years ago where a multi-sig holder mistakenly used a hardware wallet for personal transactions, LayerZero Labs has removed that signer and replaced the wallet, while developing a custom OneSig multi-sig system. LayerZero Labs advises developers to lock configurations to avoid reliance on default settings and plans to launch an asset management platform, Console, to enhance security monitoring.
19:49
Win rate 55% account purchases $200,000 on Knicks defeating 76ers in NBA Playoffs Eastern Conference Semifinals G3
Svmuu Seer Channel monitoring shows that in the Polymarket "NBA Playoffs Eastern Conference Semifinals G3 Knicks vs. 76ers" prediction event, an account with a win rate over 55% (address: 0xa71093cafc0c099b4ccab24c3cb8018d817923c4) purchased over $200,000 on the Knicks defeating the 76ers, with an average opening price of 41¢ and an unrealized loss of $12,500.
The NBA Playoffs Eastern Conference Semifinals G3 Knicks vs. 76ers started at 7:00 AM Beijing time today. The game is currently in the second quarter with a score of 33:35, with the 76ers temporarily leading. The series score is 2:0, with the Knicks temporarily leading.
Svmuu Seer Channel continues to monitor the prediction market, seeing changes before pricing.
18:34
Duke University Scholar: WLFI May Constitute Unregistered Securities
Duke University law lecturer Lee Reiners stated that World Liberty Financial, a project associated with the Trump family, may have its governance token WLFI classified as an unregistered security.
He pointed out that although the project defines WLFI as a governance token, its issuance method, marketing approach, and investors' expectation of profits align with the criteria of the "Howey Test" used by the SEC to determine securities.
Furthermore, the large-scale pre-sale of WLFI before the protocol's official launch, along with its promotion leveraging the Trump brand, is also seen as reinforcing its "investment-type" characteristics.
18:34
CryptoQuant: Bitcoin May See Continued Profit-Taking, 'Bear Market Rally' Not Over Yet
Svmuu reports that on-chain analysis firm CryptoQuant stated that with the recent price increase, profit-taking activity in the Bitcoin market could increase further.
Data shows that Bitcoin has risen over 20% since the beginning of April, but the firm still defines this market movement as a "bear market rally." Currently, the short-term holder profitability indicator has remained above 1, suggesting that the market has been in a phase of continuous profit-taking since mid-April.
The analysis suggests that although selling pressure is rising, a price correction may still take time to materialize.
18:25
Stablecoin Compromise Boosts Legislative Expectations, Crypto Bill Momentum Heats Up
Svmuu reported that after the U.S. Senate reached a compromise on stablecoin yield issues, expectations for advancing the crypto market structure bill have noticeably improved. Industry insiders stated that this progress "significantly boosted market sentiment," and the Senate Banking Committee may advance deliberation and voting as early as next week.
Previously, the probability of the bill passing was only around 20%–30%, but expectations have now risen to approximately 60%. However, ethical issues surrounding Donald Trump and his crypto-related business ties are still seen as a key final obstacle.
The bill aims to establish a comprehensive federal regulatory framework for the first time and delineate the regulatory authority between the SEC and the CFTC.
18:24
CertiK: Probability of Crypto-Related Violent Offline Crimes Rises, Families Becoming New Risk Points
Svmuu reports that a report from CertiK shows that in the first four months of 2026, 34 "wrench attacks" (offline violence or coercion to obtain crypto assets) have occurred globally, a 41% increase year-over-year, with cumulative losses of approximately $101 million.
The report indicates that attack patterns are shifting towards being "data-driven," involving prior collection of victim information and incorporating "proxy targets," such as family members, into the threat scope to apply pressure.
Regionally, Europe accounts for 82% of incidents, with France being the most concentrated. Industry insiders believe that such attacks have become a significant security risk for crypto asset holders.
18:14
Kraken parent company applies for U.S. National Trust charter, expanding into compliant custody services
Svmuu reports that Payward (Kraken's parent company) has applied to the OCC for a national trust company charter, planning to establish Payward National Trust Company (PNTC).
The entity will offer regulated, bank-grade digital asset custody and trust services to both institutional and individual clients.
Previously, Coinbase and Ripple have received conditional approval for similar charters, indicating that crypto institutions are accelerating their alignment with compliant financial systems.
18:13
SEC Considers New Rules for On-Chain Markets, Focusing on Software Application Regulatory Framework
SvmuuNews: SEC Chairman Paul Atkins has stated that the regulator is considering establishing new rules for on-chain financial markets and related software applications.
Atkins pointed out that current DeFi software protocols are difficult to classify within traditional regulatory frameworks as exchanges, brokers, or clearing agencies, as a single protocol often simultaneously performs multiple functions such as trade execution, collateral management, liquidity routing, and settlement.
His remarks are seen as a sign of the SEC adopting a more open attitude towards the crypto industry, appearing friendlier compared to his predecessor Gary Gensler. Meanwhile, the SEC is also exploring innovative exemption mechanisms for tokenized securities and advancing the clarification of digital asset classification systems.
13:20
SOL breaks through 90 USDT, 24H increase of 1.98%
Svmuu reported that OKX market data shows SOL has broken through 90 USDT and is currently trading at 90.01 USDT, a 24-hour increase of 1.98%.
13:19
Polymarket odds of "S&P 500 reaching 8,000 points by end of June" currently stand at 10%
Svmuu Seer Prophecy Channel monitoring shows that as the S&P 500 breaks through 7,400 points to hit a new all-time high, the probability on Polymarket of "S&P 500 reaching 8,000 points by the end of June" is currently reported at 10%; the probability of "S&P 500 breaking through 7,700 points by the end of June" is currently reported at 31%.
The event determination rule is as follows: If at any point between the creation of the market and the market close on the last trading day of June 2026, any 1-minute candle of the S&P 500 Index (SPX) shows a final "High" price equal to or above the listed price, the market will resolve to "Yes." Otherwise, the market will resolve to "No."
As indicated by the 1-minute interval ("1m") data from Yahoo Finance, all prices recorded during regular trading hours of the index's primary exchange will be considered.
Periods when the market is officially closed (e.g., holidays or maintenance breaks) will not be considered.
All referenced times are local times of the primary exchange where the index is traded.
The resolution source for this market is Yahoo Finance — specifically, the 1-minute interval ("1m") chart data for the S&P 500 Index (SPX) available at https://finance.yahoo.com/quote/%5EGSPC/.
Svmuu Seer Prophecy Channel continuously monitors prediction markets, observing changes before they are priced in.
13:01
Intel's gains expand to 15%, stock price hits a new all-time high
SvmuuNews: According to Gate data, Intel's gains have expanded to 15%, with its stock price reaching a new all-time high. Sources revealed that Apple has reached a preliminary agreement with Intel for Intel to produce some chips for Apple devices.
It is currently unclear which Apple products Intel will manufacture chips for. Apple ships over 200 million iPhones annually, along with millions of iPads and Mac computers. Intel's primary business involves chip design and foundry services (including both its own products and those for external clients). Before Chen Liwu took over as CEO last spring, both segments had been underperforming for a long time.
Last summer, the Trump administration converted nearly $9 billion in federal grants into Intel stock, holding a 10% stake, which facilitated Apple's participation in negotiations. Sources say that U.S. Commerce Secretary Howard Lutnick met multiple times over the past year with Apple CEO Tim Cook, Tesla CEO Elon Musk, and Nvidia CEO Jensen Huang, attempting to persuade them to collaborate with Intel. With Apple joining, Intel has now established partnerships with all three aforementioned companies. (Jin Shi)
12:56
Intel Shares surged 10% during trading, pushing the market cap past $600 billion, as the company reached a chip deal with Apple
Svmuu reported that according to Gate data, Intel's stock price experienced a sharp short-term surge, soaring 10% during trading, pushing its market value past $600 billion. Sources say Apple has reached an agreement with Intel for the latter to produce chips for Apple devices. A preliminary chip manufacturing deal has been reached, with discussions between the two parties lasting over a year.
12:49
Iran says it is considering how to respond to the U.S. proposed "plan to end the war"
Svmuu reported that Iranian Foreign Ministry spokesperson Baghaei said in an interview that Iran is considering its response to the U.S. proposed "plan to end the war," and relevant negotiations are ongoing. Once a final result is reached, Iran will immediately announce the news. Baghaei accused the U.S. of seriously violating international law and the ceasefire agreement during its military operations from the night of May 7 to the early morning of May 8, stating that Iran "has dealt a heavy blow to the enemy." Baghaei noted that the current situation is in a "nominal ceasefire state," while the Iranian armed forces are fully prepared and closely monitoring the situation. If necessary, they will fully counter any enemy aggression and adventurism. (CCTV News)
12:32
The S&P 500 index rose to 7,400 points, setting a new record high
Svmuu: The S&P 500 index touched the 7,400-point mark, hitting a new all-time high, with gains expanding to 0.84%. (Jinshi)
12:10
Intel's market cap approaches $600 billion, AMD hits record high
Svmuu reported that according to Gate data, Intel (INTC.O) surged 8%, with its market capitalization approaching $600 billion. Advanced Micro Devices (AMD) rose nearly 8%, with its market cap surpassing $710 billion, reaching a new all-time high.
11:58
Coinbase and Other CEXs Push to Relax Senate Crypto Regulatory Provisions, Seeking to Weaken Restrictions on 'Manipulable Assets'
Svmuu reports that 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)
11:47
Senior Iranian Lawmaker: From Now On, We Will Respond to U.S. Naval Blockade Measures with Military Action
Svmuu reported that a senior Iranian lawmaker said that from now on, the US maritime blockade measures will be met with a military response by Iran. (Jinshi)
11:41
British sprint star CJ Ujah charged in crypto fraud case
Svmuu reported that, according to a UK police announcement, former World Athletics Championships 4x100m relay gold medalist and British sprinter CJ Ujah, along with nine other individuals, has been charged with "conspiracy to defraud" in connection with a cryptocurrency fraud case.
Police stated that the criminal gang posed as police and cryptocurrency company personnel to conduct phone scams against multiple victims, tricking them into disclosing critical wallet security information, including seed phrases. The perpetrators then transferred the victims' crypto assets, with one victim losing over £300,000. The case was cracked following a joint investigation by the Eastern Region Special Operations Unit (ERSOU) across Kent, Essex, and London. The ten suspects have appeared in court, with Ujah released on bail until a further hearing on May 28.
Ujah, now 32, won a 4x100m relay gold medal for Team GB at the 2017 World Championships and also claimed the Diamond League title that same year. In 2022, he was suspended for 22 months due to a doping violation, which was later attributed to contamination from a supplement causing an adverse analytical finding. In addition to Ujah, another British sprinter, Brandon Mingeli, is also on the list of those arrested and is currently in custody pending trial. (The Guardian)

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