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5/25

02:35

Bitget launches a new beginner event: Trade to unlock HYPE airdrop

Svmuureports that Bitget has launched a newcomer welcome event, open from May 25 to June 1. During the event, new users who complete KYC are guaranteed to receive a random HYPE airdrop; by completing a first deposit of at least 100 USDT and fulfilling contract trading tasks, they can earn an additional 0.2 HYPE reward.
Additionally, the event features advanced trading tasks and an invite-a-friend scratch card section. New users who meet specific contract trading volume thresholds can earn extra rewards, up to a maximum of 7 HYPE. Both new and existing users who invite friends to complete designated tasks can earn up to 32 scratch card chances, with a prize pool consisting of HYPE rewards ranging from 0.1 to 3 tokens. Detailed rules have been published on Bitget's official platform. Eligible users must click "Join Now" to register and participate in the event.

02:35

The Nikkei 225 closed at a record high

Svmuu: The Nikkei 225 index closed up 1,819.12 points, or 2.87%, at 65,158.19 points on Monday, May 25, setting a new all-time high. (Jin Shi)

02:25

China Responds to Reports That the U.S. and Iran Are Close to Reaching an Agreement

Svmuu News On May 25th, Foreign Ministry Spokesperson Mao Ning presided over a regular press conference. AFP asked, the United States and Iran are expected to reach an agreement soon to stop the war in the Middle East. May I ask if China has played a diplomatic role in this process? What are China's expectations for the outcome of this agreement? Mao Ning stated that China's position on the situation in Iran is very clear. This is a war that should never have started, and there is no need for it to continue. Finding a resolution sooner would be beneficial to both the US and Iran, as well as to all countries in the region and the entire world. (Beijing Daily)

02:13

SoftBank Issues Another ¥260 Billion in Subordinated Bonds to Fund AI Investments

Svmuu News: SoftBank Group plans to issue subordinated bonds worth ¥260 billion ($1.6 billion) to individual investors, just about two months after its last bond issuance targeting retail investors. According to a filing disclosed on Monday, the bonds have a 35-year maturity and include an issuer call option after 5 years. The bonds are scheduled to be priced on June 5, with an initial five-year coupon guidance range of 4.8% to 5.6%. Amid expanding capital demands for AI-related investments, SoftBank is rapidly returning to the retail bond market. This comes after the company scaled back a $10 billion margin loan facility secured by its OpenAI stake, highlighting increasing pressure on its financing conditions. SoftBank has invested over $60 billion in OpenAI and faces substantial funding needs related to AI infrastructure spending and other investments. Measured by credit default swaps (CDS), SoftBank's credit risk remains among the highest in Japanese corporations, having widened by approximately 70 basis points since 2026. (Jinshi)

02:02

Tom Lee: Bitmine Included in Preliminary FTSE Russell 1000 Index Addition List

Svmuu reported that Tom Lee stated Bitmine has been included in the preliminary addition list of the FTSE Russell large-cap Russell 1000 Index. He further added that BMNR's market cap has surpassed the minimum threshold of $5.7 billion. (Cointelegraph)

01:58

Ethereum monthly transaction volume exceeds 70 million, hitting a new all-time high; median transaction fee drops to $0.00554, also a new record low

Svmuu reported that OKX Ventures cited Token Terminal data on X platform, stating that Ethereum's monthly transaction volume has surpassed 70 million, reaching a new all-time high. Meanwhile, the network's median transaction fee has dropped to approximately $0.00554, also setting a new record low. This indicates that Ethereum is gradually achieving a network state characterized by “high efficiency and low cost.”
In light of this, OKX Ventures believes that Layer 2 solutions and modular architectures are continuously reducing on-chain interaction costs, and the historically high gas fee issue is seeing significant improvement. As transaction costs fall to sufficiently low levels, applications such as stablecoins, blockchain games, social platforms, AI agents, and RWA (Real World Assets) will find it easier to attract real users. Public chain competition is entering the “experience era,” where future competition will no longer be based solely on TPS, but rather on whether the network can provide better security, liquidity, and user experience. Ethereum retains a strong advantage in terms of developer and ecosystem strength. As costs decline, on-chain payments, asset issuance, and cross-border settlement activities are expected to continue growing, and blockchain infrastructure is gradually becoming part of the mainstream digital economy. OKX Ventures will continue to focus on infrastructure upgrades and long-term application value within the Ethereum ecosystem. What truly matters is not just market price fluctuations, but the sustained growth in real on-chain usage.

Ethereum monthly transaction volume exceeds 70 million, hitting a new all-time high; median transaction fee drops to $0.00554, also a new record low

01:55

Gold and silver saw slight increases, with Gate platform-related contract trading volumes leading the industry

Svmuu News, May 24 - International gold and silver both recorded minor upticks. According to Gate platform data, Silver (XAG) broke through the $77 mark and is currently trading at $77.92, a 24-hour increase of 0.53%; Gold (XAUT) is reported at $4,551.4, up 0.76% in the past 24 hours. Coinglass data shows that Gate's XAUT 24-hour contract trading volume reached $30.4776 million, with current open interest standing at $180 million; XAG's 24-hour contract trading volume reached $59.8611 million, with open interest at $107 million.
Gate pioneered the metal contract trading section, offering 7×24-hour uninterrupted trading, providing users with higher strategic flexibility and asset management efficiency during volatile market conditions. Gate's contracts now cover multiple traditional financial assets such as stocks, metals, forex, indices, and commodities, supporting trading of core instruments including gold, silver, and globally popular stocks. Gate continues to build a more efficient and professional multi-asset one-stop trading platform for global users.

01:51

Musk: Grok Base Model V9-Medium (1.5T) training completed with good evaluation results

Svmuu: Musk said Grok Base Model V9-Medium (1.5T) training has been completed with good evaluation results. A large amount of Cursor data has been added during supplementary training, and more will be added subsequently. Fine-tuning is currently underway, and reinforcement learning is expected to begin in a few days. The official release is anticipated in 2 to 3 weeks.

01:30

Svmuu Noon News

1. The United States and Iran have reached an agreement on the full reopening of the Strait of Hormuz;
2. Floating losses exceed $30 million, Loracle holds a $141 million position and has opened a new 3x short on VVV;
3. U.S. Secretary of State: The U.S. and Iran have "reliable solutions" on reopening the Strait and the Iran nuclear issue;
4. Data: StablR's EURR and USDR suffer losses exceeding $10 million after attack, over $100,000 in stolen funds frozen;
5. StablR: Security vulnerability identified and being actively addressed, details and remedial measures will be disclosed as soon as possible;
6. A whale unstaked 443,200 HYPE and sold 232,000 HYPE;
7. Bitcoin spot ETFs saw net outflows of $1.257 billion last week, with BlackRock's IBIT leading at $1.008 billion in net outflows;
8. Ethereum spot ETFs saw net outflows of $216 million last week, with BlackRock's ETHA leading at $189 million in net outflows.

01:26

A whale sold 151,570 HYPE at an average price of $61.63 over the past 24 hours

Svmuu reports, according to Onchain Lens monitoring, a whale sold 151,570 HYPE at an average price of $61.63 over the past 24 hours, receiving $9.34 million, and also sold 130 BTC at an average price of $77,047, receiving $10 million.

01:15

US Secretary of State: The US and Iran Have a "Reliable Plan" for the Strait and the Iran Nuclear Issue

Svmuu reported that US Secretary of State Marco Rubio stated there is currently a "fairly reliable" plan on the table, concerning the possibility of Iran "opening the Strait of Hormuz" and "conducting a substantive, significant, and time-limited negotiation on the Iran nuclear issue." On the same day, Rubio also said the US will do everything possible to achieve success through diplomatic means, noting that Washington "prefers to reach a good agreement." At the same time, he stated that the US will either "reach a good agreement with Iran" or "find another way" to deal with Iran. (CCTV)

01:11

XRPL Developer Warns XRP Community to Beware of Scams Involving Fake Wallets and Airdrops

Svmuureports that XRPL developer Wietse Wind has issued a latest security warning to the XRP community, stating that fraudulent activities targeting Xaman Wallet users are on the rise. According to him, scammers are currently promoting fake desktop wallet applications and counterfeit airdrop events to trick users into connecting their wallets or downloading malicious programs, thereby stealing funds. Wietse Wind reminds users not to connect their wallets to suspicious websites or download any unofficial applications to avoid asset losses. (BSCNews)

01:00

陈茂波: Hong Kong's digital asset development and regulation are ahead of Europe, can contribute to global governance

Hong Kong Financial Secretary Paul Chan published a "Secretary's Essay" stating that making good use of blockchain and artificial intelligence technology is an inevitable trend in future financial development, yet it also brings real governance challenges, such as criminals and terrorists attempting to exploit regulatory differences between jurisdictions for money laundering and fundraising activities. Hong Kong's principles, practices, and experiences in digital asset development and regulation are ahead of Europe. There is significant room for cooperation and mutual learning, which can not only promote the healthy development of the industry but also contribute to global governance.

00:48

MoonPay Launches ChatGPT Application, Supports Direct Purchase of Cryptocurrencies like BTC and XRP

Svmuu reported that crypto payment company MoonPay has announced the launch of a dedicated application for ChatGPT. Users can now directly purchase crypto assets including Bitcoin, XRP, Solana, and USD Coin within OpenAI's ChatGPT.
MoonPay stated that users only need to inquire about relevant cryptocurrencies and express a purchase intention within ChatGPT. The system will automatically generate a MoonPay checkout link, after which users can be redirected to the MoonPay page to complete KYC verification and wallet binding. Users who have already completed KYC can make purchases directly using their existing accounts and payment methods.
Currently, MoonPay has joined several other crypto-related services within the ChatGPT application ecosystem, including Kraken, OKX, and others. Unlike other applications that primarily provide on-chain data queries, MoonPay focuses more on cryptocurrency purchasing and user education.
Additionally, MoonPay recently acquired AI trading startup Dawn Labs, launched Dawn CLI which enables executing prediction market strategies through natural language, and introduced the MoonAgents Card supporting AI Agents to spend stablecoins, continuously intensifying its integration of AI and crypto payments. (Decrypt)

00:42

Jihan Wu: Europe's solar overcapacity problem is worsening; Bitcoin mining can act as the "buyer of last resort" for electricity

Svmuu reported that Jihan Wu posted on platform X, stating that Europe's current solar energy problem is no longer just about increasing power generation, but about a lack of sufficient flexible electricity demand to absorb excess energy. Citing the latest analysis from energy research firm Pexapark, he noted that the phenomenon of solar "cannibalization" in Europe is rapidly deteriorating:
1. France's solar capture factor for April 2026 dropped year-on-year from approximately 0.42 to 0.10, a decline of about 75%, with nearly half of solar generation occurring during periods of negative electricity prices.
2. Germany recorded 123 hours of negative electricity prices in April, a 65% increase year-on-year, with approximately 46.8% of solar generation falling into negative price territory.
3. Spain's problem is no longer confined to summer. In February 2026, the solar capture factor plummeted from about 0.71 in the same period last year to 0.18, while the duration of negative electricity prices surged from 0 hours to 148 hours.
Jihan Wu pointed out that this indicates the pace of solar deployment in Europe has outstripped the speed of grid flexibility infrastructure development. He argued that besides energy storage, grid expansion, and demand response, Europe should also pay attention to interruptible loads, including Bitcoin mining and other computing loads. Such loads can be activated when electricity is abundant and shut down when the grid is under stress, thereby acting as the "buyer of last resort" for surplus renewable energy. This would help reduce curtailment, improve the economics of solar projects, and enhance the profitability and financial viability of investments in power generation and grid infrastructure.

00:15

Unrealized Loss Exceeds $30 Million, Loracle Holds $141 Million Position and Opens 3x VVV Short

According to Onchain Lens monitoring, Loracle (0x8de...dae) has opened a new 3x VVV short position, which is currently its only profitable position. It currently holds positions in HYPE, BTC, LIT, XYZ100, and TSLA, along with a very small TON short position. The total value of these positions is $141 million, with unrealized losses exceeding $30 million.

00:12

Kalshi Supports Formation of Prediction Market Lobbying Group, Former Trump Administration Official Appointed as Strategic Advisor

Svmuureports that prediction market platform Kalshi has announced support for the establishment of a new prediction market lobbying organization, Americans for Fair Markets, and has appointed Taylor Budowich, former White House Deputy Chief of Staff under the Trump administration, as a strategic advisor. The organization will confront the sports betting and casino industries, which it alleges are "trying to maintain their monopoly and spread misinformation about prediction markets to policymakers."
According to reports, Americans for Fair Markets will push for federal-level regulatory policy for prediction markets and launch paid advocacy campaigns to counter what it calls "false narratives" about the industry. The organization will also join a broader industry lobbying camp, including the Coalition for Prediction Markets, which was founded in December 2025 with support from Coinbase, Crypto.com, and Robinhood.
On the same day, the U.S. House of Representatives launched an investigation into Kalshi and its main competitor, Polymarket, focusing on how the platforms handle insider trading issues. As prediction markets face increased scrutiny in the United States and globally, related regulatory controversies continue to escalate.
Kalshi stated that the new organization will support the U.S. Commodity Futures Trading Commission’s (CFTC) regulation of prediction markets and will advocate for KYC requirements, a ban on insider trading, and restrictions on markets related to violence and terrorism under a federal regulatory framework. John Bivona, Head of Government Relations at Kalshi, said: "We will not be outspent or out-organized by established interests trying to protect their monopoly." (Cointelegraph)

00:09

StablR: We have identified a security vulnerability and are actively addressing it. We will release details and corrective measures as soon as possible.

Svmuu News: StablR announced on X that it has identified a security vulnerability affecting its euro-pegged stablecoin EURR and dollar-pegged stablecoin USDR. The company is actively working to contain the issue and mitigate its impact. Protecting users and their funds is its top priority, and it will release details and follow-up measures as soon as possible after verifying the relevant issues. According to previous reports, StablR’s stablecoins went off-peg following an attack, with the attacker having profited approximately $2.8 million.

00:08

Data: StabIR's EURR and USDR suffer losses exceeding $10 million after attack, over $100,000 in stolen funds frozen

Svmuu reported that according to monitoring by crypto KOL Yusuf, two contracts of European stablecoin issuer StabIR, EURR and USDR, were attacked yesterday, resulting in losses exceeding $10 million. Following the incident, over $100,000 in stolen funds have been frozen, with the de-pegging range of USDR and EURR exceeding 20%.

5/24

23:42

A KOL bought 11.636 million VIRL tokens, worth $37,870

Svmuu reported that according to Lookonchain monitoring, KOL @nobrainflip (6TkT...HmUi), who has 562,800 followers, also bought 11.636 million VIRL tokens, worth $37,870.

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