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5/26
20:42
Svmuu reported that Matt Hougan, Chief Investment Officer at Bitwise, stated in a post on platform X that after multiple discussions with financial advisors about Hyperliquid, he found the related communication to be "very easy."
Hougan noted that Hyperliquid uses 99% of its fee revenue to repurchase tokens, making the business model and value capture logic much easier to understand.
20:39
Svmuu News: FTX has announced that the registration date for the next round of repayments is set for June 16, 2026, for users holding approved FTX claims and entitlements. Repayments are expected to commence on July 31, 2026.
At the same time, the next payment for preferred stockholders will also be made on July 31, with the same registration date of June 16. Holders of approved NFT customer entitlement claims can initiate the NFT distribution process starting June 30, 2026.
Additionally, FTX has submitted a revised notice, planning to reduce the reserve for disputed claims by approximately $600 million. Upon court approval, the released cash will be used for the next round of repayments.
20:32
According to monitoring by Svmuu Seer Prophet Channel, in the Polymarket "NBA Western Conference Finals G5: Spurs vs. Thunder" prediction event, an account (address: 0x492442eab586f242b53bda933fd5de859c8a3782) that had incurred nearly $2.9 million in losses purchased $230,000 worth of bets on the Spurs defeating the Thunder. The opening price averaged 42 cents, resulting in an unrealized loss of $2,716.
The NBA Western Conference Finals Game 5 between the Spurs and Thunder is scheduled to tip off at 8:30 AM Beijing time today. The series is currently tied 2-2. The Spurs have a fully healthy roster for this game, while the Thunder will be without Jalen Williams and Mitchell.
Svmuu Seer Prophet Channel continues to monitor prediction markets, seeing the changes before the price is set.
20:28
Svmuu reported that U.S. SEC Chair Paul Atkins stated his willingness to reform the decades-old "gun-jumping" rules to promote the development of the IPO market.
It is understood that these rules restrict certain public communications by companies during the IPO process. Paul Atkins stated that the SEC is evaluating related regulatory reforms to reduce communication restrictions during the listing process and increase IPO activity. (Cointelegraph)
20:23
According to SoSoValue data, yesterday (May 26, Eastern Time) the daily total net inflow of XRP spot ETFs was $1.5474 million.
Yesterday, only the Grayscale XRP Trust ETF (GXRP) saw inflows, with a single-day net inflow of $1.5474 million, bringing its total historical net inflow to $130 million.
As of press time, the total net asset value of XRP spot ETFs stands at $1.121 billion, with an XRP net asset ratio of 1.36%. The cumulative historical net inflow has reached $1.409 billion.
20:16
Svmuu News: South Korea's exchange activated KOSPI's circuit breaker as KOSPI 200 futures rose 5%, suspending program trading for 5 minutes. (Jin Shi)
20:12
Svmuu News: Whale Evaded (@ICanPlug) has closed its long positions in ZEC and BTC, incurring a loss of $4.83 million. Subsequently, it opened a new short position of 940 BTC with 30x leverage, valued at $71 million. Its cumulative loss has now exceeded $3.69 million.
20:11
According to SoSoValue data, yesterday (May 26, Eastern Time) the daily total net inflow for HYPE spot ETFs was $20.4512 million.
The HYPE spot ETF with the highest net inflow yesterday was the Bitwise Hyperliquid ETF (BHYP), with a single-day net inflow of $19.0458 million, bringing its historical total net inflow to $55.0025 million.
Next was the 21Shares Hyperliquid ETF (THYP), with a single-day net inflow of $1.4054 million, bringing its historical total net inflow to $44.0047 million.
As of press time, the total net asset value of HYPE spot ETFs stands at $117 million, with a HYPE net asset ratio of 0.88%, and a cumulative historical net inflow reaching $95.3601 million.
20:09
Svmuu reported on the US strike against southern Iran. Iranian citizens expressed that US words and actions are not trustworthy and are skeptical about the possibility of an agreement between the US and Iran. An Iranian citizen said: "The Iran nuclear deal is an example. The US reneged on everything. This strike is no different. The US's contradictory statements clearly show that nothing they say is guaranteed. However, I don't think the fighting will continue, because the US has paid a heavy price and they are also very scared. We control the Strait of Hormuz, and for the US, that might be worse than us having a hundred nuclear bombs. We are familiar with those US statements; none of them are trustworthy. High vigilance is necessary; people must be careful. Because we have to consider the possibility that something similar to the US withdrawing from the Iran nuclear deal could happen again. In other words, a US-Iran agreement could be torn up." (CCTV)
20:09
Svmuu, Iranian Islamic Revolutionary Guard Corps Navy Deputy Commander Mohammad Akbarzadeh stated on the evening of the 26th local time that the economies of the United States and Europe are highly dependent on energy prices and are vulnerable to changes in the regional situation. This leverage of pressure places the United States in a position of "requesting" a deal with Iran. He also stated that American hegemony is in decline, and Western strategic judgments have encountered failure. Regional countries and global powers have come to recognize that the United States is no longer capable of providing security guarantees for its allies.
20:07
According to Gate data, shares of South Korean chipmaker SK Hynix surged over 10%, pushing the company's market capitalization past the $1 trillion mark.
20:06
SvmuuNews According to Gate data, the Nikkei 225 index opened up 883.50 points, or 1.36%, at 65,879.59 points on Wednesday, May 27. The Korea KOSPI index opened up 195.89 points, or 2.43%, at 8,243.4 points on Wednesday, May 27.
20:04
Svmuu President Trump posted on Truth Social, stating that it is crucial for the U.S. Commodity Futures Trading Commission (CFTC) to retain "exclusive jurisdiction" over prediction markets, echoing the stance of CFTC Chairman Michael Selig. Trump also stated that the U.S. is formulating relevant rules, referencing his campaign promise to make the U.S. a center for cryptocurrency and Bitcoin-related fields. Under the leadership of the sole commissioner, Selig, the CFTC has filed lawsuits and amicus briefs against several states to assert its jurisdiction over prediction markets. The dispute centers on whether prediction market contracts related to sports and entertainment constitute gambling products, and whether contracts offered by regulated Designated Contract Markets (DCMs) should fall under CFTC jurisdiction. New York Attorney General Letitia James has filed a related lawsuit, Illinois has issued a cease and desist order, and Minnesota Governor Tim Walz signed a law last week imposing criminal penalties for operating prediction markets. Indonesia, Spain, and India have recently banned the operation of prediction markets within their territories. An investigation into prediction markets by a U.S. House committee was also confirmed last week. (CoinDesk)
19:58
According to monitoring by the Svmuu Seer Channel, in the Polymarket prediction event "NBA Western Conference Finals G5 - Spurs vs. Thunder," a smart money address (0x9b1e0334569aa1768a07705a859686aad58e82c9), which has profited nearly $800,000, purchased $200,000 on the Spurs defeating the Thunder. The average opening price was 41¢, and the position is currently showing an unrealized loss of $2,400.
The NBA Western Conference Finals G5 between the San Antonio Spurs and the Oklahoma City Thunder will tip off today at 8:30 AM Beijing time. The series is currently tied 2-2. The Spurs will be at full strength for this game, while the Thunder will be without Jalen Williams and Mitchell.
The Svmuu Seer Channel continues to monitor the prediction market, seeing the changes before the price is set.
16:40
SvmuuNews XRP Ledger developers have submitted a draft amendment titled "AMM Swappable Curves," planning to introduce three types of switchable curves for XRPL's native automated market maker: constant product, concentrated liquidity, and StableSwap, with a programmable Smart AMM to follow.
This upgrade aims to allow liquidity providers to choose a more suitable pricing curve based on asset type, thereby improving capital efficiency. Concentrated liquidity is suitable for trading pairs where most transactions are concentrated within a specific price range, while StableSwap is better suited for assets with near 1:1 exchange rates, such as stablecoins or pegged assets. Existing AMM pools will continue to use the current constant product model and do not require migration.
This proposal is seen as a crucial step for XRPL to bridge its DeFi infrastructure gap. Currently, there are over $3 billion in tokenized real-world assets on the XRPL chain, including the recent tokenized U.S. Treasury redemption pilot conducted by Ripple and JPMorgan. However, for these assets to be traded, lent, or generate yields more efficiently, a more mature DeFi liquidity infrastructure is still needed.
However, the proposal is still in the draft stage. It will need to go through the XRPL amendment voting process, which could take several months, and its eventual approval remains uncertain. (Coindesk)
16:37
Svmuu Ethereum reserve company SharpLink and Solana reserve company Forward Industries will be included in the Russell 2000 and Russell 3000 indices following the FTSE Russell annual reconstitution, effective at the opening of U.S. stock markets on June 29.
SharpLink currently holds 868,699 ETH, valued at nearly $1.8 billion, making it the second-largest publicly traded Ethereum reserve company after Bitmine. The company stated that its inclusion in the indices will enhance its institutional visibility and help attract capital tracking the benchmarks.
Forward Industries, currently the largest publicly traded Solana reserve company, holds approximately $585 million in SOL. The company believes that index inclusion will support its long-term strategy of driving "per-share SOL holdings growth."
According to FTSE Russell data, approximately $12.2 trillion in assets are benchmarked against the Russell U.S. indices. This adjustment is also seen as the first instance of non-Bitcoin crypto reserve companies entering the major Russell index system, meaning index investors will gain indirect exposure to ETH and SOL. (The Block)
16:36
Investment bank TD Cowen stated that as the relevant political environment continues to deteriorate, the likelihood of the US crypto market structure bill, the "Clarity Act," passing this year is declining.
TD Cowen analyst Jaret Seiberg pointed out that while the Senate Banking Committee advanced the bill earlier this month, this does not signify a substantive bipartisan agreement; rather, it merely pushes the controversy to the full Senate floor.
The report indicated that the escalating controversies surrounding US President Donald Trump and his administration related to crypto in recent days are making it harder for Democrats to support the bill. If the bill does not include clear conflict-of-interest provisions, it will face even greater difficulty in gaining sufficient support in the current political environment.
16:36
Svmuu报道 The Digital Chamber, a crypto industry group, has responded to Senator Elizabeth Warren’s questions regarding recent approvals of OCC national trust charters, stating that her claim of crypto companies receiving "improper approvals" is unfounded.
Earlier, Warren sent a letter to the Office of the Comptroller of the Currency (OCC), arguing that recent approvals granted to digital asset companies such as Ripple, Circle, Paxos, Fidelity, BitGo, and Coinbase may violate the National Bank Act and fail to adhere to the same regulatory standards applied to traditional banks.
The Digital Chamber stated that the OCC has the authority to grant national trust charters to qualified institutions, and that such arrangements do not equate to relaxed oversight. Representing over 250 crypto-related entities, the organization believes these charters help integrate digital asset services into a clearer federal regulatory framework.
16:35
Svmuu News: Base, the Ethereum scaling network incubated by Coinbase, has launched Base MCP, aiming to connect AI interfaces with Base wallet infrastructure.
Through this integration, users can use natural language commands in AI tools that support the MCP open standard to complete token swaps, fund transfers, and interact with Base ecosystem applications. Supported AI interfaces include Claude, ChatGPT, Cursor, and others.
Base MCP will serve as a secure gateway between user Base accounts and AI interfaces. At its initial launch, it will connect with applications such as Morpho, Bankr, Moonwell, Avantis, Aerodrome, Virtuals, and Uniswap, covering scenarios including lending, swaps, perpetual contracts, new tokens, and AI Agent issuance.
MCP stands for Model Context Protocol, originally proposed by Anthropic, and is an open standard for connecting AI models with external tools and data sources.
16:34
Svmuu News: Solana privacy layer Umbra has partnered with token distribution platform Streamflow to launch a private token vesting feature, allowing project teams to lock, vest, and distribute tokens on Solana with enhanced privacy. Powered by Arcium’s cryptographic execution engine, the solution enables Streamflow clients to continue using existing distribution mechanisms—such as time locks and price conditions—while ensuring that the actual token transfer process remains private. Recipients will receive vested tokens directly in their Umbra wallets, and each new vesting plan will be added to Umbra’s shared anonymity pool, thereby enhancing overall network privacy. Both parties stated that the product primarily addresses risks associated with on-chain monitoring, front-running, and information asymmetry during the token unlocking process. In 2025 alone, the value of tokens released through vesting and unlocking plans is estimated to reach approximately $97 billion, yet most of the relevant data remains publicly traceable on-chain. Streamflow currently serves over 1.3 million users and more than 40,000 projects, making it one of the leading token distribution platforms in the Solana ecosystem. This collaboration also reflects how on-chain privacy is increasingly becoming a critical infrastructure for projects conducting large-scale token distributions and driving mainstream adoption.

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