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5/22
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)
03:20
Svmuu News: According to an official announcement, Binance will list GeniusTerminal (GENIUS) and OpenGradient (OPG) on May 22, 2026, at 19:00 Beijing Time, and will open the GENIUS/USDT, GENIUS/USDC,GENIUS/TRY, OPG/USDT, OPG/USDC, and OPG/TRY trading pairs. Users can deposit GENIUS and OPG starting today, and withdrawals will open at 19:00 Beijing Time on May 23, 2026.Seed tags will be applied to GENIUS and OPG; users must pass the relevant test and accept the terms every 90 days to trade.
02:49
Svmuu reports that Japan has announced the imminent arrival of the first Persian Gulf oil cargo to traverse the Strait of Hormuz since the outbreak of the Iran war.
In a briefing document released on Friday, Japan's Ministry of Economy, Trade and Industry stated that the Very Large Crude Carrier “Idemitsu Maru,” which passed through the waterway in late April, could dock as early as next Monday. The agency indicated that the vessel, carrying 2 million barrels of Saudi crude oil, is proceeding as scheduled towards Idemitsu Kosan Co.'s Aichi refinery.
The Middle East war has triggered an unprecedented energy supply shock, prompting major importers across Asia to search globally for alternative crude oil and natural gas cargoes. Like other developed nations, Japan has taken action to tap into its strategic reserves to buffer the impact of the conflict. (Jinshi)
02:37
Svmuu: According to Gate data, the Nikkei 225 index closed up 1654.93 points, or 2.68%, at 63,339.07 on Friday, May 22, hitting a record high close.
02:35
Svmuu reports that according to official sources, MGBX will list the ONDOUSDT perpetual contract trading pair at 18:00 (SGT) on May 22, 2026.
Trading opening time: 18:00 (SGT) on May 22, 2026.
Leverage: Up to 75x supported.
02:29
Svmuureports that THORChain has released its fourth update regarding the Asgard vault intrusion incident, publishing the ADR028 proposal and opening voting for node operators. The proposal indicates that the protocol will first absorb losses through its Protocol-Owned Liquidity (POL), with the remaining portion to be borne by synthetic asset holders. The exact proportion is still under evaluation. The POL will be reduced to zero as a result, and the proposal suggests allocating a portion of system revenue over time to gradually replenish it. This plan does not involve minting new RUNE, selling RUNE, or diluting holder equity.
On the technical side, the GG20 version will be temporarily retained with a patch upgrade. Trading will resume after the vulnerability is fixed and a successful node rotation is completed. A slower, more security-focused release cadence is planned for the future.
Regarding the slashing mechanism, unrelated nodes sharing the same vault as the attacker will be protected, while the attacker's node will be fully slashed. The recovered RUNE will be paired with recoverable assets from the affected vault, and any excess RUNE will be burned.
Additionally, THORChain has offered a white-hat bounty to the attacker to recover funds. If a portion of the funds is recovered, the recovery plan will be adjusted proportionally. THORChain emphasizes its commitment to remaining neutral and permissionless, stating it will not censor the attacker's swap transactions after trading resumes.
Currently, node operators are voting on the overall direction and principles of the proposal. The specific figures in the ADR are indicative and will be adjusted later via the Mimir mechanism. The goal is to restart the network as soon as possible. A "yes" vote means developers can proceed further along this path.
02:20
Svmuu reports that, according to Arkham monitoring, James Wynn was partially liquidated for shorting the S&P 500 on Hyperliquid. He still holds a 50x leverage short position on the S&P 500, with an entry price of 7400 points and a notional value of $184,000. This account.
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)

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