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5/22
05:01
Svmuu News: According to an official announcement, Binance will host a new spot altcoin trading competition from May 22, 2026, at 10:00 to May 29, 2026, at 10:00 (UTC), with a total prize pool of 500 BNB vouchers.During the event, users who trade designated pairs such as SAHARA/USDT, MEGA/USDT, and CELO/USDT and accumulate a total valid trading volume equivalent to $500 or more will be eligible for the leaderboard. The top 1,000 users and all qualified participants will share the rewards.Additionally, the event features an “Early Bird Multiplier”—the earlier you trade, the higher the multiplier, up to a maximum of 2x. Rewards will be distributed to winners’ accounts by June 12, 2026.
04:52
Svmuu News: The China Securities Regulatory Commission (CSRC) announced that it has launched an investigation into Tiger Brokers (NZ) Limited, Futu Securities International (Hong Kong) Limited, and Changqiao Securities (Hong Kong) Limited, as well as their related entities both domestically and overseas, for engaging in illegal securities business operations within China, and has issued a prior notice of administrative penalties. Tiger Brokers responded, stating, “The company has taken note of the relevant notice and will strictly comply with regulatory requirements while actively cooperating with the relevant authorities. Currently, all of the company’s business operations are proceeding normally. Tiger Brokers has always prioritized compliance and continues to maintain close communication with regulatory authorities.” (Blue Whale News)
04:50
Svmuu News According to official sources, the China Securities Regulatory Commission (CSRC) and seven other departments have jointly issued the "Implementation Plan for the Comprehensive Rectification of Illegal Cross-Border Securities, Futures, and Fund Operations." The overall requirement of the rectification plan is to completely ban the illegal cross-border operations of overseas securities, futures, and fund institutions after two years of concentrated rectification, achieving the goal of "resolutely banning illegal activities and prudently clearing existing stock."
The targets of the rectification include overseas institutions illegally operating cross-border securities, futures, and fund businesses; domestic affiliated or cooperative entities assisting these overseas institutions in illegal cross-border operations; illegal intermediaries soliciting domestic investors; and internet platforms and online self-media that illegally publish information. The illegal cross-border operations of overseas institutions will be banned according to law. Acts by relevant entities that violate laws and regulations on foreign exchange management, anti-money laundering, cybersecurity and information management, and personal information protection will also be included within the scope of the rectification.
04:47
Svmuu News According to an official announcement, Bitget stock contracts have now launched two popular US stock indices: SP500 (S&P 500 Index) and NDX100 (Nasdaq 100 Index). The aforementioned contracts support up to 50x leverage. For more details, please refer to the Bitget official platform.
04:43
Svmuu reported that the Securities Regulatory Commission and seven other departments have jointly issued the Comprehensive Action Plan for Cracking Down on Illegal Cross-Border Securities, Futures, and Fund Operations. A key task in the plan is to strengthen oversight of internet platforms and information clearance.
The Cyberspace Administration of China (CAC) will urge domestic internet platforms to improve their review and monitoring systems for content related to illegal cross-border operations. In line with requests from financial regulators, the CAC will promptly remove or handle relevant illegal information and accounts. Serious administrative talks and penalties will be imposed on problematic platforms and online self-media. The telecommunications authorities, based on lists provided by financial regulators, will order the removal or shutdown of domestic websites and apps involved in illegal cross-border operations by foreign institutions. Market regulators will take action against illegal advertisements identified and shared by financial regulators.
04:40
Svmuu reported that according to data from MSX.COM, UP Fintech (TIGR.O) fell over 40% in pre-market trading, and Futu Holdings (FUTU.O) fell over 30% in pre-market trading.
04:31
According to data from MSX.COM, Upwardly Mobile (TIGR.O) and Futu Holdings (FUTU.O) continued to widen their pre-market losses on U.S. stocks, both falling over 20%.
04:26
Svmuureports on May 22 that the new-generation Perp DEX PopDEX has announced the completion of a $30 million funding round, led by Foresight Ventures. PopDEX is a decentralized perpetual contract trading platform centered on traders, focusing on capital efficiency, trading experience, and value distribution mechanisms, aiming to build an on-chain derivatives trading platform driven by real trading activity.
The team stated that the funds will be used to inject initial liquidity into the project, enhance trading depth and capital efficiency, accelerate product development, and expand the team and market. PopDEX has already begun inviting select top-tier traders to participate in internal testing and will continuously optimize the product experience based on early user feedback. The internal testing phase will focus on refining aspects such as the trading process, capital efficiency, product interaction, risk control, and user experience, preparing for a wider public beta test and subsequent product launch.
04:25
Svmuu reports that according to ZachXBT, the Polymarket UMA CTF Adapter contract has allegedly been attacked on Polygon, with over $520,000 already drained.
04:22
Svmuu News: U.S. Secretary of State Rubio said there has been slight progress on the Iran issue. (Jin Shi)
04:22
Svmuu reported recently that the China Securities Regulatory Commission (CSRC) has conducted investigations into and issued administrative penalty notices against entities both domestically and abroad related to Tiger Brokers (NZ) Limited, Futu Securities International (Hong Kong) Limited, and Longbridge Securities (Hong Kong) Limited for illegally conducting securities business within mainland China.
These related entities of Tiger, Futu, and Longbridge, without approval from the CSRC and without obtaining licenses for securities brokerage business or securities margin financing business, engaged in securities trading marketing promotion, processing trading orders, and other related securities business services domestically, and derived profits from these activities. This violates Article 120 of the Securities Law, constituting illegal securities business operations.
In accordance with Article 202 of the Securities Law, Article 136 of the Securities Investment Fund Law, and Article 132 of the Futures and Derivatives Law, the CSRC plans to confiscate all illegal gains from the domestic and foreign related entities of Tiger, Futu, and Longbridge, and impose severe penalties according to law. The parties involved have the right to make statements, defend themselves, and request a hearing regarding the proposed administrative penalties. The CSRC will fully consider the parties' opinions before rendering a final administrative penalty decision. (Jin Shi)
04:12
SvmuuAccording to on-chain analyst Ember CN, the whale nemorino.eth (0x8ae...e0d) withdrew 8,424 ETH from Spark 1 hour ago and sold them at $2,124, worth $17.9 million, losing $2.25 million. At the beginning of this month, when ETH rebounded, the address borrowed stablecoins from Spark to leverage long ETH, with an average purchase cost of $2,391. After clearing the position and repaying the loan, the remaining 11.71 million USDC was deposited back into Spark.
04:08
SvmuuNews: According to official sources, Gate has now launched pre-market trading for the SpaceX (SPCX) perpetual contract (USDT settlement), supporting leverage of 1-10x.
It is reported that as the first Pre-IPOs project on Gate, SpaceX (SPCX) had a subscription price of $590. After a 1:5 split, the subscription price per share was $118. Following the split, the highest price in the 24-hour pre-market spot trading reached $189.90, with a cumulative increase of 60.93%.
04:05
Svmuureports that Spanish Economy Minister Carlos Cuerpo said on Friday, ahead of the EU finance ministers' meeting, that the EU has made little progress in negotiations with Anthropic to allow its banks and companies to test digital vulnerabilities discovered by the new Mythos artificial intelligence model. "Unfortunately, progress in this area is limited, and we will raise this issue again at today's meeting," Cuerpo stated. "This is undoubtedly one of the most important elements not only in the medium to long term, but also in the short term."
Cuerpo's remarks come weeks after EU Trade Commissioner Valdis Dombrovskis said the bloc was in discussions with Anthropic on the matter. "Financial stability is global," Cuerpo said. "The impact of disruptive models like Mythos or others to come on banks in the UK, Canada, and Europe could also spread to the US through interconnected systems." (Jinshi)
04:03
According to an official announcement, following a recent review, Binance will add monitoring tags to the following tokens on May 22, 2026: Alchemix (ALCX), Cookie DAO (COOKIE), DODO (DODO), Epic Chain (EPIC), Heima (HEI), Hashflow (HFT), Storj (STORJ), Synapse (SYN), and Alien Worlds (TLM). Tokens with monitoring tags may exhibit higher volatility and risk compared to other listed tokens. Binance will closely monitor and continuously review these tokens. Trading these monitoring-tagged tokens carries risks, and these tokens may no longer meet the listing criteria, potentially leading to delisting.
04:02
Svmuu reported that Anchorpoint Financial, OSL Group, and PantherTrade have successfully completed the first end-to-end financial transaction of Hong Kong's first approved stablecoin, HKDAP, on the Ethereum public chain. This digital asset operates under the regulation of the Hong Kong Monetary Authority.
The technical execution of this transaction was jointly carried out by Anchorpoint Financial, a fintech firm backed by Standard Chartered Hong Kong, along with digital brokerage firms OSL Group and PantherTrade. During this blockchain test, participants directly converted traditional physical Hong Kong dollars into reserve assets, triggering the minting of on-chain digital balances. Upon completion of the transaction, the tokens were converted back to fiat bank balances through a redemption agreement. Standard Chartered provided the custodial architecture and trust services for this process.
The stablecoin is scheduled to begin its phased public issuance towards the end of the second quarter of this year. (financefeeds)
04:00
Svmuu: Musk followed Dan Romero, co-founder of Farcaster on the Base ecosystem.
Musk followed Dan Romero, co-founder of Farcaster on the Base ecosystem
03:53
Svmuu reported that Allianz Research stated the Middle East crisis could trigger a surge in semiconductor prices. "The risk of energy shortages stemming from the Middle East crisis could drive prices further upward, as supply is already tight and highly concentrated," the institution noted. Additionally, a shortage of raw materials crucial for semiconductor production, particularly helium, could impact factories, potentially leading to losses exceeding $10 billion per month, the institution added.
"Qatar accounts for one-third of global helium production, which is an upstream input for the AI supply chain and is also transported almost entirely through Gulf terminals," said Allianz Research. (Jinshi)
03:44
According to official sources, OKX will list AI/USDT (Gensyn) today.
AI/USDT spot trading will open at 18:00 (UTC+8) on May 22, 2026.
03:40
Analyst Robert Cyran said Elon Musk's SpaceX is preparing to go public at a valuation of $1.75 trillion. However, its prospectus is deeply trapped in the "black hole" of AI hype, with a considerable portion of the issues stemming from xAI.
xAI has generated enormous capital expenditure requirements, burning through $7.7 billion in the first three months of this year. This represents a more than threefold increase compared to the same period last year and accounts for over three-quarters of all SpaceX investments. Furthermore, the operating loss of $2.5 billion in the first quarter is sufficient to drag the entire company into a loss.
In addition, SpaceX has reached an agreement with Anthropic, under which Anthropic is leasing idle computing power from Musk's Colossus data center at a cost of approximately $1.3 billion per month. Given that xAI's revenue over the past 12 months barely exceeded $3 billion, the main business of this division has essentially become leasing out idle servers. The real issue is that SpaceX's core AI business has not achieved significant progress. Grok lags behind competitors in various benchmark tests, with first-quarter revenue growing less than 13% year-over-year. Meanwhile, Anthropic is projected to grow at five times that rate on a single-quarter basis. In a sense, SpaceX is indeed a "rocket ship." But from a financial perspective, it still struggles to reach "escape velocity." (Jin10)

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