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5/11
23:30
Svmuureports that Musk's artificial intelligence model, Grok, is lagging far behind its fast-growing competitors. Furthermore, a massive computing power lease agreement between its parent company, SpaceX, and Anthropic has raised external doubts about whether Grok can still catch up with industry leaders.
Since its launch two years ago, Grok has attracted millions of users through its integration with Musk's social platform X and controversial features like "AI companions." However, the latest data suggests its growth momentum may have stalled. Data from analytics firm AppMagic shows that Grok's downloads fell to approximately 8.3 million in April this year, down from over 20 million in January.
According to a survey by research firm Recon Analytics involving over 260,000 U.S. AI users and professionals, the proportion of respondents willing to pay for Grok in the second quarter of 2026 remained nearly flat at just 0.174%, compared to 0.173% a year earlier. In contrast, over 6% of respondents reported having paid for ChatGPT. (Jin Shi)
23:27
Svmuu reports that Ark Invest has purchased a total of 41,904 shares of Circle stock across three ETFs, valued at $5.5 million. This marks its first purchase of Circle since March 24. Currently, Circle's market value in ARKK is $306.5 million, in ARKW is $82.3 million, and in ARKF is $56 million.
Circle released its first-quarter financial report, with total revenue reaching $694 million, up 20% year-over-year, while net profit fell to $55 million. On-chain USDC transaction volume reached $21.5 trillion, with a circulating supply of $77 billion. Circle's stock price rose 15.91% to $131.76.
23:20
Svmuu reports that Grayscale submitted the first application for a Zcash spot ETF on May 8.
ZEC’s price once touched $600, pushing its market cap into the top 15 and surpassing Cardano. Multicoin Capital co-founder Tushar Jain noted that this move is driven by growing demand for privacy assets amid U.S. wealth tax legislative proposals. The SEC concluded its review of Zcash in January 2026 without taking enforcement action. Data shows that approximately 30% of ZEC’s supply is held in shielded addresses. Last week, U.S. Bitcoin spot ETFs saw $268 million in outflows, with some capital rotating into privacy and AI infrastructure tokens.
23:15
According to SoSoValue data, the cryptocurrency market sectors have experienced a broad pullback. The Layer 2 sector fell 2.62% in the past 24 hours. Within the sector, Starknet (STRK) dropped 5.54%, Optimism (OP) fell 4.25%, and Mantle (MNT) declined 3.15%. Only the CeFi sector remained relatively resilient, rising 0.42%, with Cronos (CRO) gaining 4.46% and Binance Coin (BNB) up 0.82%.
In other sectors, the Layer 1 sector fell 0.22% in 24 hours, but Canton Network (CC) rose 3.98%; the PayFi sector dropped 0.28%, with Telcoin (TEL) surging 14.14%; the AI sector fell 0.41%, but Billions Network (BILL) rallied 19.21% during the session; the Meme sector declined 0.42%, yet BUILDon (B) saw a substantial increase of 54.09%; and the DeFi sector fell 1.68%, with Curve DAO (CRV) bucking the trend to rise 8.86%.
The crypto sector indices, reflecting historical sector performance, show that the ssiRWA, ssiAI, and ssiDeFi indices fell by 7.75%, 5.87%, and 4.02%, respectively.
23:01
Svmuu News: According to an official announcement, Binance will update the collateral ratio and tiered collateral ratio for assets such as UNI, ENA, RAY, APE, and ZEC under the Portfolio Margin at 06:00 UTC on May 15, 2026. Additionally, at 06:30 UTC on May 15, 2026, Binance Futures will adjust the leverage and margin tiers for several USDⓈ-M perpetual contracts, including NAORISUSDT, ARCUSDT, and MUSDT. Existing positions will be affected, and users need to make adjustments in advance.
22:59
According to Lookonchain monitoring, a whale has once again bought 73,253 SOL, worth $7.12 million, and 2.5 million JUP, worth $620,500. Over the past three days, the whale has accumulated a total of 177,913 SOL, worth $16.92 million, and 10.32 million JUP, worth $2.56 million.
22:51
According to SoSoValue data, yesterday (Eastern Time, May 11), the SOL spot ETF recorded a total net inflow of $26.5728 million in a single day.
The SOL spot ETF with the largest net inflow yesterday was the Bitwise Solana Staking ETF (BSOL), with a single-day net inflow of $21.623 million, bringing its total historical net inflow to $883 million.
This was followed by the Fidelity Solana Fund ETF (FSOL), with a single-day net inflow of $3.4827 million, bringing its total historical net inflow to $165 million.
As of press time, the total net asset value of SOL spot ETFs is $1.071 billion, with a SOL net asset ratio of 1.90%, and the historical cumulative net inflow has reached $1.084 billion.
22:51
According to SoSoValue data, yesterday (May 11, Eastern Time), XRP spot ETFs recorded a total net inflow of $25.7958 million in a single day.
The XRP spot ETF with the largest net inflow yesterday was the Franklin XRP ETF (XRPZ), with a single-day net inflow of $13.62 million. Its total historical net inflow has now reached $371 million.
Next was the Bitwise XRP ETF (XRP), with a single-day net inflow of $7.5878 million, bringing its total historical net inflow to $442 million.
As of press time, the total net asset value of XRP spot ETFs stands at $1.184 billion, with an XRP net asset ratio of 1.30%. The cumulative historical net inflow has reached $1.351 billion.
22:48
Svmuu reports that OpenAI and Microsoft (MSFT.O) have reached an agreement to cap their total revenue sharing payments at $38 billion. This development stems from the two companies renegotiating a contract last month, a move that frees up space for OpenAI to establish new partnerships with companies such as Amazon (AMZN.O) and Google (GOOGL.O).
The report suggests that this payment cap arrangement could help OpenAI present a more attractive long-term growth outlook to investors. Currently, the company is moving towards an initial public offering (IPO). Some executives have indicated that OpenAI could potentially launch its IPO as early as the end of this year. (Jin Shi)
22:46
SvmuuNews: According to the latest data, the circulation of TRC20-USDT has increased to 89.3 billion tokens, once again hitting a historic high. Since the beginning of this year, the TRON network has cumulatively issued an additional 8 billion USDT. As of now, the number of accounts holding TRC20-USDT has reached 74.15 million, with cumulative transfers exceeding 3.36 billion. Meanwhile, the total number of accounts on the TRON network has recently surpassed 380 million.
Additionally, data from PaymentScan, a crypto payment card analysis platform, shows that the global transaction volume of crypto cards exceeded $650 million in April 2026. The TRON network maintained its leading position with a 32% market share, with its crypto card transaction volume surpassing the combined total of Ethereum and BNB Chain.
TRC20-USDT is a stablecoin pegged to the US dollar issued by Tether on the TRON network. Its features of fast transfer speed and low transaction fees have attracted a large user base, and it is supported by multiple exchanges including Binance, HTX, OKX, Bitfinex, MEXC, KuCoin, Gate.io, and Poloniex.
TRC20-USDT circulation exceeds 89.3 billion, reaching a new all-time high
22:46
Svmuu News: Monad has airdropped tokens to wallets of some active traders. Some users commented that they have received MON tokens.
22:39
Svmuu reported that BitMart's "BM Discovery" zone went live with Red Kitten Crew (RKC) at 11:00 (UTC+8) on May 12, opening the RKC/USDT trading pair.
Red Kitten Crew (RKC) is a meme coin issued on the Solana chain via Pump.fun, inspired by the "Roaring Kitty" narrative.
22:35
Svmuu, Feb 11 – On local time the 11th, as the last batch of Australian passengers were evacuated from Spain’s Canary Islands, the multi-day international medical evacuation and personnel transfer operation for the “Hondius” cruise ship’s Hantavirus outbreak is drawing to a close. The vessel carried over 140 passengers and crew from 23 countries. In the past few weeks, the Hantavirus outbreak has resulted in multiple deaths, drawing international concern. Several countries have been conducting evacuation operations.
Early on local time the 10th, the “Hondius” cruise ship entered waters near the port of Granadilla on Tenerife, one of the Canary Islands. Instead of docking directly at the pier, the closely-watched ship anchored several hundred meters offshore, after which the cross-border medical evacuation and personnel transfer operation began. (Xinhua News Agency)
22:31
Svmuu News According to the official announcement, CoinSafe has completed the replacement of Chiliz fan tokens on ChilizChain (CAP20), and is now open to the relevant tokens to recharge and withdraw cash. The replacement ratio is 1:1.
22:20
Svmuu reported that, according to on-chain analyst Yu Jin's monitoring, over the past 10 hours, 100 million LAB have been withdrawn from Bitget to 10 trading addresses, with a total value of $514 million. This withdrawal amount accounts for 32% of the circulating supply of LAB. The withdrawal method and Gas source are highly consistent with the large-scale RAVE withdrawal incident earlier, suggesting that LAB and RAVE are operated by the same team.
22:09
Svmuu News Telegram founder Pavel Durov posted on X platform, stating that TON development efficiency has increased by 10 times. The new toolchain Acton makes the creation, testing, and deployment of smart contracts more convenient and is fully AI-ready. This toolchain replaces TON's previously fragmented tool stack, forming a unified development process.
22:09
Svmuu News According to Ai Yi monitoring, the Ondo Finance team-associated address (0xEA5…675e1) has transferred a total of $9.157 million worth of ONDO to exchanges over the past 8 hours. This address received 150 million ONDO (approximately $63.88 million) from the team address, of which 21.71 million ONDO were transferred to a multi-signature address (0xBe9…ec560), which has neither transferred nor sold tokens yet.
22:00
Svmuu reported that Fluid posted on platform X, stating that damage to Resolv's infrastructure has resulted in approximately $21 million in bad debt for the protocol. A solution has now been formulated to address the remaining $19.3 million in bad debt: Resolv will cover approximately $9.7 million, the Fluid governance treasury will cover $8.2 million, and the Fluid team will cover $1.5 million. Fluid has already destroyed all remaining USR tokens within the protocol at the contract level, and users can directly redeem them through Resolv.
To ensure long-term sustainability, Fluid will suspend token buybacks, significantly reduce or eliminate FLUID token incentives, and the foundation will stop receiving its monthly $250,000 grant from March to June. Additionally, its Solana DEX is expected to launch within 6 weeks.
21:41
Svmuureports that OKX market data shows ETH has fallen below 2300 USDT, currently trading at 2299.99 USDT, marking a 24H decline of 2.58%.
21:41
According to Gate data, the Korea Composite Stock Price Index (KOSPI) extended its intraday loss to 5%, now at 7,423.16 points.

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