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5/27
20:47
Svmuu News: The U.S. Department of Justice has indicted Google software engineer Michele Spagnuolo for allegedly exploiting confidential internal Google information to trade on prediction markets via Polymarket, illegally profiting approximately $1.2 million.
According to the indictment, Spagnuolo, operating under the account name "AlphaRaccoon" on Polymarket, placed bets totaling over $2.7 million related to Google's "Year in Search 2025" rankings. He is suspected of obtaining advance access to Google's internal data on the most searched personalities to guide his trading decisions.
U.S. prosecutors stated that his actions allegedly violated his fiduciary duties to his employer and constitute insider trading. Google confirmed that the employee has been suspended and is cooperating with law enforcement authorities. Polymarket stated that it has cooperated with U.S. prosecutors and the CFTC, noting that blockchain transactions are transparent and traceable. (TechCrunch)   
20:37
Svmuu reported that Federal Reserve Vice Chairman Jefferson stated that it is very important not only to communicate but also to take action so that the public understands our intention and commitment to restoring inflation to the 2% target. (Jinshi)
20:30
According to Svmuu, crypto analyst Yujin @EmberCN reported that Pump transferred another 100,628 SOL, worth approximately $8.32 million, to Kraken one hour ago.
Yujin noted that since Pump resumed transferring fee revenue to exchanges 10 days ago, it has been continuously conducting SOL transfer operations. Data shows that from the beginning of 2024 to the present, Pump has sold approximately 4.54 million SOL from fee revenue, with a total value of around $791 million, at an average selling price of approximately $174.
20:21
Svmuu reports that TD Cowen stated President Trump’s public support for the CFTC’s stance on regulating prediction markets is unlikely to alter the legal debate surrounding event contracts. TD Cowen Managing Director Jaret Seiberg noted that the matter is now in federal court and cannot be decided by regulatory agencies or the executive branch. He still believes the Supreme Court will ultimately rule on whether Congress, in creating event contracts, preempts state sports betting laws. He added that states still hold the advantage in this debate, and litigation may take two years or more. Seiberg also pointed out that Trump’s post was more about defending CFTC Chairman Selig following a New York Times investigative report, rather than a substantive policy change. (TheBlock)
20:20
Svmuu News The stock prices of Bitcoin mining companies transitioning into AI and hyperscale computing continue to climb. IREN rose over 13% on Wednesday, nearing its all-time high. The company previously announced a $3 billion convertible bond offering, partnered with Nvidia to build 5 GW of AI data centers, and acquired Mirantis for $625 million; on Tuesday, it also reached a $1.6 billion agreement with Dell to supply Blackwell AI systems. Both Cipher and Hut 8 hit new record highs, with Cipher rising approximately 9.5% to $25, and Hut 8 increasing nearly 5% to $118. Hut 8 has surged nearly 600% over the past year. TeraWulf rose over 6% on Wednesday and has gained approximately 800% in the past year, with its HPC business quarterly revenue exceeding Bitcoin mining revenue for the first time.
20:18
Svmuu News: SEC Chairman Paul Atkins posted on platform X, stating that for a long time, the SEC has been disconnected from new technologies and innovation, forcing entrepreneurs to move their businesses overseas. That era is over. Under President Trump's leadership, the SEC is working with the executive branch and Congress to provide much-needed clear guidance for the digital asset market.
20:17
Svmuu reports, according to Arkham monitoring, the U.S. government seized $13 million worth of Alameda assets from Binance over three years ago. It has now transferred $1.89 million of those assets — including RNDR, UNI, SAND, MASK, and AXS — to Coinbase Prime.
20:17
Svmuu reported that BitcoinTreasuries.NET posted on X that Nakamoto (NAKA), a bitcoin treasury company founded by David Bailey, saw its stock price hit $4.70 after completing a 1-for-40 reverse stock split last week, marking an all-time low. The current short interest ratio stands at 5%.
20:14
Svmuu reported that U.S. President Donald Trump on Wednesday commented on reports regarding a joint Iranian-Omani control of the Strait of Hormuz, stating that Oman "will behave" and rejecting any such mechanism, "or else we'll have to bomb them." Iranian authorities have proposed cooperating with Omani authorities to manage and regulate maritime traffic in the strait between the two countries. Meanwhile, Iran had considered establishing a joint fee-collection mechanism with Oman, a proposal that faced opposition from the United States. Responding to the proposal after a cabinet meeting, Trump told reporters: "Nobody is going to control the Strait. The strait will be open to everyone," and added that the U.S. would "keep a close eye on it." Trump added: "Oman will act like every other country, or else we'll bomb them. They understand that, so there won't be a problem." (Jin Shi)
20:11
Svmuu News According to Reuters, citing a US military official, the US military "launched a new strike on an Iranian military facility and intercepted and shot down multiple drones." The facility and drones were reportedly "posing a threat to US forces and commercial shipping in the Strait of Hormuz." (CCTV International News)
20:07
Svmuureported on May 28 (Thursday) that according to Gate data, the Nikkei 225 index opened down 197.19 points, or 0.30%, at 64,802.22 points. South Korea's KOSPI index opened down 78.27 points, or 0.95%, at 8,150.43 points.
20:04
Monitoring by Svmuu Seer Prophet Channel shows that in the predict.fun "2026 NBA Champion" prediction event, the Oklahoma City Thunder's probability of winning has risen to 57%, up 12% in 24 hours; the San Antonio Spurs' probability has fallen to 16%, down 13% in 24 hours; and the New York Knicks' probability is currently at 29%. To date, the total trading volume for this event contract has exceeded $627 million.
Yesterday, the Oklahoma City Thunder and the San Antonio Spurs faced off in a pivotal Game 5 of the NBA Western Conference Finals. Ultimately, the Thunder defeated the Spurs 127-114, taking a 3-2 series lead and securing the first match point. Game 6 between the two teams will tip off tomorrow at 8:30 AM Beijing time.
Svmuu Seer Prophet Channel continues to track the prediction market, seeing changes before the price is set.
18:09
Svmuu News: BitcoinTreasuries.NET posted on X platform that Michael Saylor of Strategy stated that STRC has an annualized run rate of $24 billion and will individually buy 2 to 3 times the Bitcoin mined by miners. Strategy has purchased $11 billion worth of BTC so far this year, with a buying rate already double that of miners' output.
18:00
Svmuu News Court documents released by the U.S. Attorney's Office for the Southern District of New York reveal that Google security engineer Michele Spagnuolo has been arrested and charged with using material non-public information to place bets on Polymarket related to Google user search results.

According to the court documents, Spagnuolo used internal Google tools to track the list of the most searched-for individuals in 2025 and transferred approximately 3.8 million USDC to a Polymarket address. His associated account, AlphaRaccoon, placed bets on D4vd becoming one of the most searched-for individuals in late November just hours after accessing the internal tools.

The documents further allege that AlphaRaccoon transferred 5 million USDC.e from a Polymarket account to a wallet, and subsequently moved the funds through exchange services and privacy tools, with some of the funds ultimately ending up in an account at a payment processing institution in Italy. Spagnuolo is accused of profiting over $1.2 million from these transactions and currently faces charges of commodities fraud, wire fraud, and money laundering.
17:04
Svmuu reported that Bitcoin News posted on X platform, stating that Block has launched stablecoin integration on CashApp.
16:35
SvmuuNews: Voice AI company ElevenLabs, founded in Poland, has released Music v2. This model can switch genres within the same track, generate songs by sections such as intro, verse, and chorus, and supports local redrawing of specified segments. Music v2 is now available on ElevenMusic and ElevenCreative, with early access to the ElevenAPI currently provided through the sales team.

Stability AI has launched Stable Audio 3.0, which includes four models: Small SFX, Small, Medium, and Large. Three of these variants have open weights on Hugging Face. The series is trained on licensed data. The Medium model supports generating tracks up to 6 minutes and 20 seconds long, while the Large model is only available via the Stability AI API.

ElevenLabs has signed licensing agreements with Believe, Kobalt, and Merlin. Stability AI has established partnerships with Warner Music Group and Universal Music Group. In November 2025, Suno was valued at $2.45 billion, with an annual recurring revenue exceeding $300 million, approximately 100 million users, and generating an average of about 7 million songs daily.
15:54
Svmuu News: Streamex, a tokenized commodity platform, has partnered with Orca, a Solana-based decentralized exchange, to launch a tokenized asset trading market on Solana. This market allows verified qualified investors to buy and sell Streamex's yield-bearing, gold-backed GLDY tokens through regulated on-chain trading pools.

The system integrates identity and compliance checks into Streamex's KYC and qualified investor verification process, with trading access limited to approved investors. Transactions are conducted through permissioned liquidity pools on Orca. Investor wallets remain frozen until identity verification and certification are completed, and qualification data is updated on-chain in real time.

Streamex and Orca stated that neither party will act as a broker or intermediary for investors reselling GLDY tokens. Orca noted that its automated market maker infrastructure has processed over $500 billion in cumulative trading volume since its launch.
15:49
Svmuu reports that Goldman Sachs stated the USD strengthened in the first month of the US-Iran conflict, prompting foreign official institutions to sell US Treasuries. Goldman Sachs strategists noted that these shifts appear to have occurred as some foreign governments worked to support their currencies and mitigate capital outflows during the war. This is likely a temporary pattern and does not indicate a structural shift in demand for US Treasuries.
15:13
Svmuu, Dallas-based United Texas Bank has converted from a Texas state-chartered bank to a national bank approved by the Office of the Comptroller of the Currency, positioning itself as an institution connecting global crypto companies with the U.S. banking system.

United Texas Bank stated that it now holds the same federal license as major money center banks and has direct access to the Federal Reserve. The bank currently clears approximately $10 billion in monthly USD transaction volume for global crypto companies.

The bank is launching UTB Atomic, a 24/7 AI-driven payment network, paired with its compliance platform UTB Prism Sentinel, to restore around-the-clock crypto liquidity and meet emerging federal rules related to digital assets and stablecoins.
14:51
Svmuu reports that Cash App, the payment application from Block, now allows users to send and receive Circle-issued USDC stablecoins on Ethereum, Solana, Polygon, and Arbitrum. These transfers are currently fee-free.
USDC stablecoins received via Cash App are automatically converted into U.S. dollar balances. This feature is not yet available to customers in New York State. Users must complete identity verification and are subject to transaction limits.
Block has previously focused primarily on Bitcoin, including the development of mining hardware and the self-custody wallet BitKey. Earlier this year, Jack Dorsey described stablecoins as “moving from one gatekeeper to another,” while acknowledging the growing customer demand.

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