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5/22
01:58
Svmuu reports that the AI application sector in Hong Kong stocks continues to strengthen, with Zhipu (02513.HK) surging over 30%, MINIMAX-W (00100.HK) rising over 20%, and Youjia Innovation (02431.HK), Fanshi Intelligence (06682.HK) following the upward trend.
01:56
Svmuu News: Galaxy Digital founder Mike Novogratz testified in the Delaware Court of Chancery that the U.S. Securities and Exchange Commission (SEC) made it very difficult for the company to proceed with the planned $1.2 billion merger with BitGo in 2021. The merger was the largest cryptocurrency merger plan at the time. Galaxy Digital canceled the deal in August 2022, and BitGo subsequently demanded a $100 million termination fee from Galaxy Digital.
Mike Novogratz stated that regulatory approval was unlikely to be achieved, and BitGo failed to provide the required financial information on time, thus forfeiting its right to the $100 million termination fee. BitGo CEO Mike Belshe, however, said BitGo had provided all necessary information. The trial is currently expected to conclude this week, and the judge will decide whether BitGo is entitled to the $100 million fee. (Cointelegraph)
01:51
Svmuu News According to Bitget market data, the two Pre-IPO tokens currently listed on the platform are both on the rise. Among them, the SpaceX Pre-IPO token preSPAX is currently quoted at 920 USDT, up 41% from the subscription price of 650 USDT; the OpenAI Pre-IPO token preOPAI is currently quoted at 959 USDT, up 32% from the subscription price of 725 USDT.
01:46
Svmuureports that CryptoQuant analyst Darkfost stated that due to the recent intensification of institutional selling pressure, the Coinbase premium has fallen into negative territory, recording its lowest level this month at negative 0.0983% on May 21. This indicates that institutions and professional investors trading on Coinbase Advanced are selling more aggressively than retail investors on Binance.
Analyst Axel Adler pointed out that this shows zero confirmation of spot demand in the United States. LVRG research director Nick Ruck said that the decline in the premium reflects the emergence of net selling pressure from large holders, with institutions taking profits or readjusting their positions. Additionally, CoinGlass data shows that since May 14, US spot Bitcoin exchange-traded funds have seen net outflows for four trading days, totaling $1.3 billion. Bitfinex stated that the open interest in Bitcoin futures or perpetual contracts has decreased by approximately $1.5 billion this week, clearing most of the leverage. (cointelegraph)
01:34
According to MARA Holdings' latest DEF14A compensation filing, the company paid $4.3 million for CEO Fred Thiel's personal security-related expenses under its security plan, including a one-time vehicle armor cost of $430,000 and a home security installation cost of $58,000. Meanwhile, it paid $3.946 million for CFO Salman Khan's personal security expenses, including a one-time vehicle armor cost of $438,000.
MARA Holdings' board stated that due to the company's public disclosure of holding a large amount of Bitcoin assets, executives face significantly higher risks compared to those at other public companies, making these security measures commercially relevant and necessary. (FT)
01:29
1. Binance CEO Richard Teng responds to WSJ report: Binance did not allow sanctioned individuals to trade;
2. U.S. House delays vote on bill limiting Trump's authority to take military action against Iran
3. "10.11 Insider Whale" buys $2.49 million in HYPE spot, while opening $1.26 million short position on ZEC;
4. Nomura predicts Fed will hold interest rates steady in 2026;
5. South Korean regulators review Polymarket, potentially involving illegal prediction issues;
6. Zhipu AI releases GLM-5.1 high-speed API, with output speed reaching 400 tokens/s;
7. National Development and Reform Commission: Has never required Chinese tech companies to reject foreign investment;
8. South Korea plans to inject semiconductor excess tax revenue into sovereign wealth fund, expanding seed capital to nearly $20 billion;
9. South Korea's petition to abolish 22% crypto tax reaches 50,000 signatures threshold, will be submitted to parliamentary committee for review;
10. Bankr: Expects to restore all functions by next week, trading functions remain suspended.
01:21
Svmuureports that Binance CEO Richard Teng responded to a related report by The Wall Street Journal on platform X, stating that the report still contains "fundamental errors" regarding the facts and Binance's commitment to its compliance framework.
Richard Teng stated that the transactions mentioned by The Wall Street Journal all occurred before the relevant individuals were sanctioned, and Binance did not allow any sanctioned individuals to trade on the platform.
He also said that Binance had proactively investigated the matter before being contacted by The Wall Street Journal and had provided the relevant facts to the publication, but this information was not published.
Furthermore, Richard Teng emphasized that Binance has a "zero tolerance" policy for illegal activities, has established an industry-leading compliance system, and will continue to cooperate with U.S. and global law enforcement agencies to combat financial crime.
Previous news: WSJ: Over $850 Million in Funds Linked to Iranian Regime Transferred Through Binance Over the Past Two Years
01:11
Svmuu reports that the Republican leadership in the U.S. House of Representatives decided on the 21st to postpone a vote on a bill restricting President Trump's authority to use military force against Iran, sparking protests from Democrats. (Jin10)
00:45
Svmuu News: According to data from SoSoValue, the Ethereum spot ETF saw total net outflows of $32.577 million yesterday (May 21, Eastern Time). The Ethereum spot ETF with the highest single-day net inflow yesterday was the BlackRock (BlackRock) Staked ETH ETF (ETHB), with a net inflow of $3.2936 million. ETHB’s total historical net inflow now stands at $518 million. Second was the Bitwise ETF ETHW, with a single-day net inflow of $2.1371 million; ETHW’s total historical net inflow now stands at $384 million. The Ethereum spot ETF with the largest single-day net outflow yesterday was the BlackRock (BlackRock) ETF (ETHA), with a net outflow of $38.0076 million. ETHA’s total historical net inflows now stand at $11.629 billion. As of the time of this report, the total net asset value of Ethereum spot ETFs stands at $12.211 billion, with the ETF net asset ratio (market value as a percentage of the total market capitalization of Ethereum) reaching 4.73%. Cumulative historical net inflows have reached $11.622 billion.
Ethereum Spot ETFs saw total net outflows of $32.577 million yesterday, marking the ninth consecutive day of net outflows.
00:44
According to SoSoValue data, yesterday (Eastern Time May 21) the total net outflow for Bitcoin spot ETFs was $101 million.
The Bitcoin spot ETF with the largest single-day net inflow yesterday was ARKB, the ETF from Ark Invest and 21Shares, with a net inflow of $2.8287 million. The total historical net inflow for ARKB now stands at $1.282 billion.
The Bitcoin spot ETF with the largest single-day net outflow yesterday was Blackrock's ETF IBIT, with a net outflow of $104 million. The total historical net inflow for IBIT now stands at $64.842 billion.
As of press time, the total net asset value of Bitcoin spot ETFs is $101.058 billion, with the ETF net asset ratio (market cap relative to total Bitcoin market cap) reaching 6.49%. The total historical cumulative net inflow has reached $57.189 billion.
Bitcoin Spot ETF Saw Total Net Outflow of $101 Million Yesterday, Extending Outflow Streak to Five Days
00:43
SvmuuNews According to SoSoValue data, yesterday (May 21, Eastern Time) the total net inflow of SOL spot ETFs on a single day was $3.8569 million.
Yesterday, only the Fidelity Solana Fund ETF (FSOL) saw net inflows, with a single-day net inflow of $3.8569 million, bringing its historical total net inflow to $182 million.
As of press time, the total net asset value of SOL spot ETFs was $997 million, with a SOL net asset ratio of 1.97%, and the historical cumulative net inflow has reached $1.125 billion.
5/21
23:55
SvmuuNews According to monitoring by crypto analyst Ai Yi @ai_9684xtpa, the "1011 whale who once suffered a $230 million liquidation" currently holds $2.49 million worth of HYPE spot, with an additional approximately $407,000 HYPE buy order pending.
Furthermore, this address also holds $39.21 million worth of BTC long positions, and has opened a $1.26 million 3x leveraged ZEC short position. Meanwhile, it has placed approximately $1.22 million in ZEC limit sell orders in the price range of $653.58 to $661.4.
23:45
Svmuu reported that the prediction market platform Polymarket is seeking approval from the Japanese government and plans to operate its prediction market business in Japan by 2030. It has already appointed local representatives to carry out lobbying efforts.
According to reports, Polymarket views Japan as a significant yet underdeveloped market. Due to Japan's strict gambling regulations, Polymarket currently blocks Japanese users from participating in prediction market transactions.
Under Japanese criminal law, habitual gambling is punishable by up to three years in prison, while operating a gambling business can lead to a maximum of five years in prison. A Polymarket spokesperson stated that the company has observed "substantial organic interest" from users in Japan and the Asia region and continues to evaluate opportunities to expand global market access in a compliant manner. (Bloomberg)
23:37
Svmuu reports that Nomura expects the Federal Reserve to keep interest rates unchanged in 2026, having previously forecast rate cuts in September and December of this year. (Jin Shi)
23:23
Svmuu: South Korea's Communications Standards Commission is reviewing the prediction market platform Polymarket to determine whether it involves illegal prediction content.
According to reports, the agency has officially launched an investigation to assess whether the Polymarket platform constitutes gambling behavior or violates relevant South Korean laws. This marks another regulatory pressure that Polymarket has recently faced. (Bloomberg)
23:20
Svmuu News, Week 21 of 2026 (May 15 - May 22):
1. According to cloverpool, the average hash rate of the Bitcoin network was 964.2 EH/s, with a peak of 1032.1 EH/s and a low of 862.4 EH/s, down 3% from last week's average hash rate of 994.3 EH/s.
2. According to blockchain.com, the average Bitcoin price was $78,120, with a high of $81,650 and a low of $75,992, down 3.1% from last week's average price of $80,649.
3. Notable mining industry highlights include:
(1) Trump family Bitcoin mining company American Bitcoin's holdings surpassed 7,500 BTC;
(2) Keel Infrastructure: Q1 net loss of $145 million, completing the transition from mining company to AI;
(3) Bitcoin miner IREN plans to raise $2 billion and concurrently initiate an option hedging mechanism to mitigate potential equity dilution;
Data partner: NYSE-listed Bitcoin mining company Cango Inc. (CANG).
23:19
Svmuu News: Zhipu AI has launched the GLM-5.1 High-Speed API for select enterprise customers, achieving a model output speed of 400 tokens/s, setting a new global record for end-to-end speed across official large model interfaces.
It is understood that this high-speed version retains the capabilities of the original flagship model while being driven by a high-performance inference engine jointly developed by the Zhipu AI and TileRT teams. By restructuring the GPU runtime scheduling mechanism, the engine statically organizes the model into a persistent Engine Kernel resident on the GPU, reducing kernel launch and memory read/write latency associated with traditional inference.
In multi-GPU scenarios, TileRT further specializes GPU nodes within an 8-card NVL topology into different functional workers to enhance attention layer computation and inter-card communication efficiency.
Currently, this high-speed service has been made available to select enterprise customers on Zhipu AI's MaaS platform. Going forward, the optimization will continue with FP8 inference and ultra-long context capabilities, providing support for low-latency scenarios such as AI programming, real-time interaction, and real-time voice.
22:51
Svmuu reports that Robinhood has listed AERO, QNT, and ZRO.
22:39
Svmuu News: Web3 fintech startup Jia announced the completion of a $3 million seed funding round, with participation from Coinbase Ventures, Stellar Development Foundation, A100x Ventures, TCG, and Hashed Emergent.
To date, Jia's total cumulative funding has reached $7.3 million. Jia currently operates multiple decentralized lending pools and introduces liquidity through networks including Base, Stellar, Arbitrum, and Polygon, while utilizing stablecoins for cross-border settlements to reduce remittance costs and settlement times.
The new funds will be used to expand features such as corporate bank accounts and cash flow management.
22:30
SvmuuNews: The National Development and Reform Commission (NDRC) held a press conference on May 22. Li Chao, Deputy Director of the NDRC's Policy Research Office, stated that opening up is a fundamental national policy of China. China supports tech companies in integrating into the global innovation network and engaging in mutually beneficial international cooperation, and has never required Chinese tech companies to reject foreign investment.
He also emphasized that foreign investment must comply with Chinese laws and regulations and must not harm China's national security and interests. China will continue to implement the Foreign Investment Law and its implementing regulations, further optimize the market-oriented, law-based, and internationalized business environment, and strengthen risk prevention and control. (Securities Times)

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