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5/11
07:53
Svmuureports that Circle's Q1 financial data shows the RLDC margin reached 41%, marking growth for four consecutive quarters.
Svmuu Note: The RLDC margin refers to the profit margin after deducting distribution costs from revenue, reflecting the core business profitability excluding distribution expenses. This is widely regarded as Circle's most important profitability indicator. The continuous growth of this metric indicates that Circle is becoming more efficient in controlling its distribution costs.
Circle's profit margin after deducting distribution costs has increased for four consecutive quarters
07:51
Svmuu reports that the latest Bitfinex Alpha report indicates that as May began, BTC successfully navigated through the dense sell-off zone between $78,000 and $79,000, briefly approaching $83,000. This rally is primarily driven by spot demand, rather than leveraged funds. Since May 8, the spot CVD (Cumulative Volume Delta) has risen significantly, showing that buyers are continuously taking the initiative to absorb market supply. ETF inflows and public market accumulation are the main drivers, while long-term holders have now accumulated close to 4 million BTC, the largest increase since the pandemic crash in 2020, suggesting that circulating market supply is being further locked up. The market currently estimates the probability of the Federal Reserve keeping interest rates unchanged in June at approximately 94%. Against the backdrop of macroeconomic uncertainty, institutional capital continues to deploy into the crypto market.
07:51
Svmuuis a social media giant Kuaishou is planning to spin off its AI video generation business "Kling AI," and seeks to complete independent financing before an IPO next year. It is reported that Kuaishou has engaged in pre-IPO fundraising talks with potential investors, with Kling AI's valuation potentially reaching $20 billion. Kling AI specializes in AI video generation model research and development and currently competes with similar products from companies such as ByteDance, Google, and Alibaba. (The Information)
07:50
Trader A (@missoralways) posted that he had stored seven-figure assets in Sigma for a long time without encountering security issues in the past. However, two of his recent wallets have suffered asset theft, both occurring when wallet balances fell below $10,000.
He also stated that another friend suffered the theft of approximately $200,000 in assets today, and mentioned Sigma in connection with the incident. The Sigma team has launched an investigation. The trader said he released this information for security reminder purposes and emphasized that he is not an affiliated promoter of any bot-related products.
Trader A Claims Sigma Wallet Hacked Again, Second Wallet Emptied Within Six Months
07:46
SvmuuNews In April 2025, the families of the victims of the shooting at Florida State University in the United States filed a lawsuit in federal court against OpenAI, accusing its product ChatGPT of providing specific guidance to the shooter, Phoenix Ikner, in the weeks before the incident on firearm usage, ammunition selection, and the timing of the attack. This included informing him about the peak lunch period on campus and stating that "involving children would more easily attract national attention." The incident left 2 people dead and 6 injured.
The Florida Attorney General's Office has launched a criminal investigation into OpenAI and issued subpoenas to determine whether it constitutes "aiding a crime." Prosecutors stated bluntly that if ChatGPT were a natural person, it would face murder charges, as reported by CCTV News. OpenAI denies the allegations, claiming that ChatGPT only provided publicly available information and did not encourage illegal behavior. This case is seen as a key precedent globally for holding an AI platform criminally responsible, following a similar lawsuit previously filed against OpenAI by the families of victims of a shooting in Canada. (Decrypt)
07:46
Svmuureported that Circle's Q1 financial data shows Other Revenue, excluding Reserve Income, reached a record high of $42 million, demonstrating a multi-quarter growth trend — $21 million ➡️ $24 million ➡️ $29 million ➡️ $37 million ➡️ $42 million.
07:43
SvmuuNews Ripple's prime brokerage division, Ripple Prime, has completed an asset-backed debt financing of up to $200 million through the specialty finance team of global asset manager Neuberger Berman. The funds will be used to expand margin capacity for institutional investors in cross-market trading across equities, fixed income, and cryptocurrencies, with the actual available amount dynamically adjusted based on client borrowing demand.
This financing, provided by Neuberger Berman's specialty finance division, is a committed credit facility that allows for drawdowns in tranches. Noel Kimmel, President of Ripple Prime, stated that this facility establishes a unified credit structure covering major asset classes, combining blockchain technology with traditional prime brokerage services to enhance clients' financing efficiency and flexibility for cross-asset trading. (Bloomberg)
07:42
Bloomberg ETF analyst Eric Balchunas posted on X that the prediction market ETF was not launched today as originally scheduled, as the U.S. Securities and Exchange Commission (SEC) has decided to conduct further reviews of related products.
Eric Balchunas stated that the delay "is not a fatal issue" at this point, but rather suggests that regulators want to conduct additional scrutiny on the disclosure documents. He noted that such products are groundbreaking and, once approved, will set an important regulatory precedent for prediction market ETFs, so it is understandable that the SEC wants to dedicate more time to review them.
07:36
Svmuu News The People's Bank of China released the China Monetary Policy Report for the first quarter of 2026, which stated that looking ahead, the artificial intelligence industry will inject more momentum into high-quality economic development. First, technological iteration continues to accelerate. With continuous breakthroughs in key technologies such as multimodality and strong logical reasoning, the performance of domestic large models is expected to further improve. Second, industrial integration is advancing in depth. AI will be deeply integrated into key areas such as intelligent manufacturing, finance, healthcare, and transportation, driving the full-process intelligent restructuring of traditional industries. Third, the international market space continues to expand. Domestic AI enterprises are implementing application projects in emerging markets such as Southeast Asia and the Middle East, accelerating the pace of product and service global expansion, and steadily enhancing their international competitiveness. (Golden Ten)
07:35
Svmuureports that CoinShares data shows crypto funds saw net inflows of $858 million last week, marking the fifth consecutive week of inflows and the largest single-week inflow since the end of April. Among them, Bitcoin funds attracted over $700 million in a single week, with year-to-date inflows reaching $4.9 billion, indicating sustained growth in institutional investor demand for the crypto market.
Market analysis suggests that positive expectations related to the "Clarity Act" have driven an improvement in institutional sentiment. Currently, BTC prices remain above the $80,000 mark, with the market watching for a potential breakout of the 200-day moving average near $82,000. Marex analysts point out that if Bitcoin manages a daily close above $82,000 accompanied by stable spot buying, it could initiate a new upward trend.
In the altcoin space, SUI rose 12% in 24 hours to $1.26. Mysten Labs co-founder Adeniyi Abiodun revealed that Sui plans to launch confidential transaction features this year to support fee-free private payments. Additionally, Nasdaq-listed Sui Group Holdings (SUIG) previously announced that it has staked most of its reserve SUI, effectively reducing the circulating market supply by approximately 2.7%. (CoinDesk)
07:30
1. Jensen Huang: The 60-year computing paradigm has ended, and those who are better at using AI will have the advantage;
2. Jefferies: The U.S. and Iran maintain a state of neither war nor peace, but Iran holds the advantage of time;
3. Economist: It is still too early to see the impact of the U.S.-Iran conflict on the labor market;
4. Galaxy: Seven Democratic Senators could be key to advancing the CLARITY Act;
5. Binance will delist leveraged trading pairs such as LSK/USDC on May 15, 2026;
6. Chuan Mu: The China-South Korea semiconductor ETF has already yielded over 29 million yuan in profit, with the principal withdrawn;
7. An ASTEROID whale quickly exited its position, selling nearly $1 million in tokens over two days;
8. Binance released its May reserve proof update, with a BTC reserve ratio of 100.22%;
9. Vitalik proposes ZK payment standards to advance Ethereum privacy payments and AI agent transactions;
10. Trader CBB has incurred losses exceeding $14.49 million over the past 40 days, with a floating loss of $3 million on MU short positions.
07:25
Svmuu reported that, according to Onchain Lens monitoring, a wallet associated with BIT has sold another 103,678 HYPE.
Data shows that this address has sold a total of 303,678 HYPE, receiving approximately 12.79 million USDC, with an average selling price of around $42.15. Currently, the wallet still holds 99,612 HYPE, worth about $4.14 million.
06:39
According to msx.com data, Circle (CRCL) has erased its pre-market gains and is now trading at $112.79, possibly affected by the latest earnings report.
06:31
Svmuu reports that Circle disclosed in its Q1 FY2026 financial report that its ARC Token has completed a $222 million pre-sale, with a network fully diluted valuation (FDV) of $3 billion.
Participating institutions include a16z crypto, Apollo Funds, ARK Invest, BlackRock, Bullish, General Catalyst, Haun Ventures, ICE, IDG Capital, Janus Henderson Investors, Marshall Wace, SBI Group, and Standard Chartered Ventures, among others.
Circle also released the ARC Token whitepaper, stating that the token will serve as the native coordination asset for the Arc network, supporting governance, security, and network operations.
06:28
Svmuureports that Circle has released its financial results for the first quarter of fiscal year 2026. The data shows that as of the end of the first quarter, the circulating supply of USDC reached $77 billion, a year-over-year increase of 28%; on-chain transaction volume for USDC in the first quarter reached $21.5 trillion, up 263% year-over-year.
The financial report indicates that Circle's total revenue and reserve income for the first quarter was $694 million, a 20% increase year-over-year; adjusted EBITDA was $151 million, up 24% year-over-year; net profit was $55 million, a 15% decrease year-over-year.
Additionally, Circle disclosed that its ARC Token pre-sale raised $222 million, with a fully diluted valuation of $3 billion. Participants included institutions such as a16z crypto, BlackRock, and ARK Invest. The company also announced the launch of the "Agent Stack" infrastructure for AI agent scenarios, including products like Agent Wallets and Agent Marketplace, designed to support AI agent payments and commercial activities based on USDC.
06:16
SvmuuNews According to official sources, OKX Play-to-Earn Strategy Trading Phase 9 has officially launched. The event runs from now until May 20th at 23:59 (GMT+8). During the event, new users who deposit 10 USDT can claim a 100 USDT airdrop position. Those who trade over 100 USDT can receive an additional 20 USDT reward. Furthermore, both new and existing users who trade over 10,000 USDT, or participate via an Agent, have the chance to win prizes including the DJI Pocket 4, a 10,000 USDT airdrop position, and 100 USDT.
06:13
Svmuu reported that according to the official announcement, the asset listed in Phase 2 of Bitget IPO Prime is preOPAI, a digital token issued by the regulated issuer Republic on the Solana blockchain, designed to mirror the post-IPO economic performance of OpenAI on a 1:1 basis. As a leading global consumer-grade AI provider, OpenAI's official data shows approximately 900 million weekly active users. Its most recent funding round reached $122 billion, with participating institutions including Microsoft, NVIDIA, Amazon, and SoftBank.
Bitget IPO Prime adopts a subscription model, allowing users to obtain corresponding subscription quotas based on their account tier. After the token distribution is completed, users can trade on the upcoming spot market; alternatively, after the lock-up period for the underlying debt asset of preOPAI ends, the issuer will entrust Bitget to convert them into stock tokens or USDT for users, referencing the market price of the target company's stock.
IPO Prime Details:
• Implied Valuation of OpenAI: $898.21 billion
• Total IPO Prime Subscription Amount: 29,082
• Total Subscription Value: $21,084,450
• Subscription Price: 1 preOPAI = $725
• Accepted Currency: USDT or USDGO
• Total Subscription Pool Cap: $300,000,000
• Individual Subscription Range: $100 - $600,000
• Subscription Period: May 12, 16:00 to May 15, 16:00 (UTC+8)
• Allocation Time: May 15, 16:00 to 20:00 (UTC+8)
• Spot Trading Start Time: May 15, 22:00 (UTC+8)
• Distribution Schedule: 30% released on May 15, 30% released on June 15, 40% released on July 15
06:11
Svmuu reported that, according to monitoring by crypto analyst Yujin @EmberCN, approximately 7.904 million TRUMP tokens were transferred to OKX an hour ago, valued at about $19.29 million.
On-chain data shows that about 5 hours ago, approximately 7.001 million TRUMP was first unlocked and transferred from the @GetTrumpMemes team wallet to BitGo. Subsequently, 7.904 million TRUMP was transferred from BitGo to a custodian address, and was ultimately all deposited into OKX.
06:08
SvmuuNews, CP Capital's latest market report indicates that the market is entering a crucial week, with Trump and the Chinese leader set to meet in Beijing, while the US April CPI, PPI, and retail sales data will also be released. The market is watching whether inflation will rise again.
QCP stated that for the crypto market, the core issue is whether slowing inflation can drive real interest rates lower, thereby continuing to support risk assets. Despite recent ETF outflows and market disruptions surrounding rumors of Strategy selling Bitcoin, BTC remains stable above the $80,000 mark, showing overall resilience.
Additionally, the US Senate Banking Committee's review of the CLARITY Act continues to garner market attention. However, QCP believes that current crypto market volatility is near its yearly lows, with the VIX remaining around 18. In the short term, the market is likely to trade in a range-bound pattern, identifying $84,000 as a key resistance level.
06:07
Svmuu, Fortune Protocol, a BSC-based lucky cookie prediction protocol, has announced the completion of its Seed round of financing. The round saw participation from TBV, Cogitent Ventures, X21 Digital, CGV FoF, K24 Ventures, LandScape Capital, and others.
Fortune is a next-generation Web3 financial protocol focused on the construction and innovation of prediction market liquidity infrastructure.
The funds raised in this round will be used to accelerate the research and development of Fortune's AI prediction tools and large-scale prediction models, driving the protocol's further development across technical, product, and ecosystem dimensions.

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