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5/18
21:19
Svmuu News The central parity rate of the yuan against the US dollar was raised by 60 pips from the previous trading day to 6.8375, marking the highest level since March 24, 2023.
Interbank foreign exchange market yuan central parity rates on May 19, 2026:
USD/CNY reported at 6.8375, down 60 pips (yuan appreciation); EUR/CNY reported at 7.9437, up 142 pips;
HKD/CNY reported at 0.87318, down 9 pips; GBP/CNY reported at 9.1562, up 671 pips;
AUD/CNY reported at 4.8864, up 143 pips; CAD/CNY reported at 4.9590, down 18 pips;
100 JPY/CNY reported at 4.2979, down 51 pips; CNY/RUB reported at 10.6688, down 320 pips;
NZD/CNY reported at 4.0021, up 196 pips; CNY/MYR reported at 0.58231, up 20.1 pips;
CHF/CNY reported at 8.6940, up 168 pips; SGD/CNY reported at 5.3332, up 40 pips. (Jinshi Data)
21:13
Svmuu News: Musk’s AI company xAI has announced the launch of its “Skills” feature across web, iOS, and Android platforms. This feature endows the AI assistant Grok with persistent memory across conversations, marking Grok’s evolution from a traditional single-turn Q&A chatbot to a configurable, programmable automated workspace.
According to the introduction, with the “Skills” feature, users only need to teach Grok the operating method for a specific task once, and Grok will permanently remember the relevant personal preferences, formatting rules, or specific workflow steps in all subsequent independent conversations. This means users no longer need to repeatedly input cumbersome prompts or background settings when starting a new conversation. (Jiemian)
21:11
SvmuuNews The Russian State Duma is reviewing a supporting bill alongside the "Digital Currency and Digital Rights Law," proposing mandatory monitoring of cryptocurrency transactions exceeding 1 million rubles. The bill requires operators to identify customers, detect suspicious transactions, implement internal controls and document management, transmit data to government agencies, and interface with the Central Bank of Russia.
Additionally, cryptocurrency exchangers may entrust banks with customer identification procedures but must operate as non-credit institutions. The Central Bank of Russia has the authority to restrict their activities, demand management changes, remove them from the registry, or liquidate the company through the courts. (Bits.media)
21:06
According to market reports, Samsung's union in South Korea has narrowed some differences with management. South Korea's KOSPI index fell 3% intraday, dropping below 7,300 points. (Jinshi)
21:05
Svmuu News, Ethereum co-founder Vitalik Buterin published an article titled "A shallow dive into formal verification," systematically outlining the latest developments and limitations of formal verification within the Ethereum ecosystem and the broader computing field. The article points out that, in recent months, a new programming paradigm is rapidly emerging within Ethereum's frontier research circles: developers directly use very low-level languages (such as EVM bytecode, assembly) or Lean, and verify code correctness through automatically verifiable mathematical proofs. Theoretically, this method can both improve code efficiency and significantly enhance security, leading some researchers to call it "the ultimate form of software development."
Vitalik states that the core of formal verification is to verify program properties through machine-checkable mathematical proofs. Its value lies in shifting "security" from empirical testing to a provable logical system. In areas such as encrypted communication, cryptographic protocols, and blockchain systems (like zero-knowledge proofs and consensus mechanisms), this method has begun to be used for end-to-end verification of critical system behaviors.
The article also notes that the Ethereum ecosystem is exploring formal verification projects for key infrastructure, including EVM implementations, STARK proof systems, and post-quantum signatures, to enhance protocol-level security and reliability. However, Vitalik emphasizes that formal verification is not a "silver bullet." Its limitations include: security definitions relying on human modeling, some systems being difficult to fully formalize, and hardware or non-verified modules still potentially representing attack surfaces. Additionally, even when formal proofs exist, specification errors or uncovered assumptions can still lead to vulnerabilities.
Vitalik concludes by suggesting that a more pragmatic path is to combine formal verification with various methods such as AI-assisted programming, type systems, and testing frameworks, gradually improving software security under a framework of "redundantly expressing intent and automatically verifying consistency." Amid the trend of AI generating large-scale code, software systems will gradually differentiate into "vulnerable edge modules" and "highly trustworthy security cores." In the future, formal verification should be concentrated on core systems (such as blockchain protocols, operating system kernels, etc.) to build a verifiably secure digital infrastructure.
21:01
Svmuu reports, according to the latest data from Gate, gold prices rose to $4,563.43 per ounce, up 0% intraday. Silver prices increased to $77.509 per ounce, up 0.14% intraday.
BVIX (BTC Volatility Index) is currently quoted at 40.3, down 0.54% intraday. EVIX (ETH Volatility Index) is currently quoted at 55.32, up 0% intraday.
In the forex market, the USD/CNH exchange rate rose 0.05% intraday to 6.80218. The USD/JPY exchange rate rose 0.15% intraday to 159.017.
In global stock indices, the Euro Stoxx 50 (EUSTX50) rose 2.07% intraday to 5,868.96 points; the UK FTSE 100 (UK100) fell 0.28% intraday to 10,326.1 points; the German DAX 40 (GER40) fell 0.24% intraday to 24,299.8 points.
In commodities, WTI crude oil rose 0.07% intraday to $106.87 per barrel. Brent crude oil rose 0.38% intraday to $111.49 per barrel.
Gate supports users in directly trading traditional financial market products on its platform, offering one-stop access to multiple asset classes including precious metals, forex, global stock CFDs, major indices, and commodities, achieving deep integration of crypto assets and traditional financial assets. Gate's TradFi features are fully integrated into both the Gate App and Web interface, allowing users to conveniently participate in global asset price trading without switching platforms, unlocking more strategies and opportunities beyond the crypto market, and continuously enhancing their diversified asset allocation experience.
21:00
Svmuu reports that according to data from msx.com, U.S. stocks closed with the Dow Jones Industrial Average up 0.32%, the S&P 500 Index down 0.07%, the Nasdaq Composite Index down 0.51%, and the VIX Volatility Index down 3.31%. Crypto-related stocks broadly declined, with Upexi falling 8.97%, American Bitcoin down 7.21%, DeFi Development down 7.08%, Tron Inc. down 6.16%, and Hut 8 down 6.12%.
It is reported that msx.com is a decentralized RWA trading platform, which has listed hundreds of RWA tokens cumulatively, covering U.S. stock and ETF token targets such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, NVDA.
20:44
Svmuu reported that data shows the number of wallets holding at least 100 Bitcoin (BTC) has risen to 20,229, representing an increase of approximately 11.2% compared to a year ago. The data indicates that amid market volatility, whales and institutional investors continue to accumulate Bitcoin, reflecting sustained confidence in medium-to-long-term holdings. (Cointelegraph)
20:37
According to Onchain Lens, whale Loracle.hl (@loraclexyz) has further increased its 5x leveraged short position on HYPE to 1.44 million coins, with a position value of $69.3 million and a liquidation price of $69.64. The current unrealized loss stands at approximately $8 million.
20:35
According to on-chain analyst Ember monitoring, over the past 2 months, the multi-sig wallet of the Ondo project has cumulatively transferred more than 328 million ONDO (worth $98.42 million) to exchanges such as Coinbase.
20:31
Svmuureported that Meta plans to initiate a major restructuring on May 20, aiming to reduce approximately 20% of its global workforce while reassigning around 7,000 employees to artificial intelligence (AI) projects. This adjustment is part of Meta’s ongoing push for its AI strategy, intended to further concentrate resources on developing AI business. (Cointelegraph)
20:28
Svmuu reports, according to Onchain Lens monitoring, a whale has opened 20x leveraged long positions on ETH and BTC, currently holding 4,600 ETH and 1,182 BTC, as well as a 10x leveraged long position on DGE, currently holding 19.47 million DGE.
20:25
Svmuu reported that in response to the security issue with Echo Protocol, SlowMist's Cosine stated on platform X that this theft incident may have been caused by the compromise of an admin's single-point private key.
20:22
Svmuu reported that Coinbase announced on X platform that it plans to conduct a system upgrade at around 3:00 PM Eastern Time on May 23. Trading will not be affected during the upgrade and orders will be processed normally, but there may be a visual delay in the display of the current status of orders across all Coinbase markets.
20:18
Svmuureports that Bitwise Asset Management has announced that it will allocate 10% of the management fee revenue from its BHYP Hyperliquid ETF to hold Hyperliquid's native token HYPE on the company's balance sheet. The related HYPE holdings will also be staked.
Bitwise stated that Hyperliquid operates a "community-first" model, where approximately 99% of its on-chain revenue is used to buy back and burn HYPE tokens. Therefore, the company has decided to hold HYPE simultaneously. Bitwise's Hyperliquid ETF (ticker: BHYP) was listed on the New York Stock Exchange last Friday, offering investors exposure to Hyperliquid and staking yields. (The Block)
20:15
Svmuureports that the U.S. Securities and Exchange Commission (SEC) is preparing to introduce a new regulatory framework for trading tokenized stocks, which could be announced as early as this week. It is reported that the SEC is studying an "innovation exemption" mechanism, allowing trading platforms to offer digital versions of listed securities on-chain under more relaxed regulatory conditions. This move is seen as a significant signal that U.S. regulators are further shifting towards supporting tokenized securities.
Currently, multiple Wall Street institutions have accelerated their layout in related businesses. The Depository Trust & Clearing Corporation (DTCC) plans to launch limited production trading of tokenized assets in July and expand promotion in October; Nasdaq is developing a blockchain-based stock issuance framework; and Intercontinental Exchange (ICE) is advancing tokenized stocks and crypto-related products through its partnership with OKX.
SEC Chairman Paul Atkins previously stated that the SEC is considering establishing formal rules for on-chain trading systems, blockchain settlement infrastructure, and crypto custody models, and believes that existing securities regulations are no longer suitable for on-chain protocols that integrate trading, clearing, and settlement. (CoinDesk)
20:12
According to SoSoValue data, yesterday (May 18, Eastern Time) the XRP spot ETF recorded a total daily net inflow of $750,400.
Only the Franklin XRP ETF (XRPZ) saw a net inflow yesterday, with a single-day net inflow of $750,400, bringing its total historical net inflow to $379 million.
As of press time, the total net asset value of XRP spot ETFs stands at $1.142 billion, with an XRP net asset ratio of 1.33%, and the cumulative historical net inflow has reached $1.386 billion.
20:12
According to SoSoValue data, yesterday (May 18, Eastern Time), HYPE spot ETFs recorded a total net inflow of $4.418 million in a single day.
The HYPE spot ETF with the highest net inflow yesterday was the 21Shares Hyperliquid ETF (THYP), posting a daily net inflow of $2.3734 million. Its total historical net inflow has now reached $12.901 million.
Following that was the Bitwise Hyperliquid ETF (BHYP), with a single-day net inflow of $2.0446 million, bringing its total historical net inflow to $2.0446 million.
As of press time, the total net asset value of HYPE spot ETFs stands at $185.854 billion, with a net asset ratio of 0.17% for HYPE. The cumulative historical net inflow has reached $69.428 billion.
20:11
Svmuu News: According to Onchain Lens monitoring, the WorldCoin team deposited 1,318 WLD into Coinbase, valued at $3.09 million.
20:07
Svmuu reported that a research note from CICC stated that recent U.S. inflation data has come in above expectations multiple times, while the job market has stabilized. Bond selling has occurred, and market concerns about inflation continue to heat up. Meanwhile, the U.S.-Iran peace talks have made no substantive progress, and the Strait of Hormuz remains effectively closed, making the upside risk to energy prices difficult to dissipate. Under the baseline scenario, we expect U.S. PCE inflation to remain above 3.5% for the full year, and core PCE inflation to be above 3%, both significantly higher than the Federal Reserve's 2% policy target.
Against this backdrop, the Federal Reserve's policy stance is set to become more cautious, and it may be difficult to cut interest rates further this year (previously, the next rate cut was expected in the fourth quarter). After new Chairperson Warsh takes office, establishing policy credibility will be the top priority. Timely communication of a clear anti-inflation signal to the market is both a necessary measure and essential for stabilizing expectations. For the market, this means the probability of a marginal tightening in dollar liquidity is rising, and assets driven purely by liquidity could continue to face pressure. (Jin Shi)

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