Svmuu Evening Brief
1. Tencent and Alibaba plan to invest in DeepSeek at a valuation of over $20 billion; 2. Coinbase has moved its New York prediction market lawsuit to federal court; 3. AI research lab NeoCognition has completed a $40 million seed round led by Cambium Capital and others; 4. GMGN Co-founder: Web platform now supports ETH limit orders and multi-wallet transactions; 5. Another cargo ship attacked while attempting to pass through the Strait of Hormuz; 6. South Korea’s Democratic Party plans to push for stablecoin legislation after the June election; 7. Iran: First round of negotiations showed goodwill, but the U.S. side remained lukewarm; 8. Yi Lihua: The current rebound is weak and exhibits characteristics of a bear market rally; 9. A whale deposited 9,500 wstETH into Spark and borrowed 9,500 ETH, which was transferred to Binance for sale; 10. Privacy protocol Umbra shut down its frontend to prevent attackers from transferring stolen funds related to Kelp.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
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1
Samsung Electronics fell 4.31% from its previous close, now trading at ₩222,000.
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2
Tether, Circle, Ripple, and other stablecoin issuers have frozen over $2.6 billion in assets linked to suspected security breaches at Binance.
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3
ETH inter-exchange spread reaches 1.11%
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4
The Nikkei 225 index is down 2.72% from its previous close, currently at 62,903.43.
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5
South Korea's KOSPI index is down 4.77% from its previous close, currently at 5,654.61.
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6
Lookonchain: Binance hackers are selling PEPE, UNI, LINK, and other tokens, still holding over $150 million worth of various altcoins.
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7
Taiwan's TAIEX fell 2.68% from its previous close, currently at 45,125.33.
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8
Binance hacker finishes dumping UNI, ENA, PEPE, LINK, AAVE, ONDO, WLD for 70,480 ETH ($158.25M)
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9
SK Hynix is down 5.9% from its previous close, now trading at ₩1,436,000.
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10
CNBC analysis suggests that Intel's stock may continue to fall after its significant decline, but selling now would not recover losses.
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