News linked to this event type.
Sharon AI has announced the issuance of convertible senior notes to raise $700 million, with the proceeds intended to support its computing agreement with NVIDIA.
Odaily A new governance proposal called "Root Reborn" for the decentralized AI network Bittensor is drawing attention. Submitted by developer "unconst," the proposal is currently in the code review stage and has not yet been implemented on the mainnet.According to reports, the plan aims to restructure the TAO staking reward distribution mechanism, transforming validators from passive reward distribution nodes into capital allocators similar to "fund managers." Under the current mechanism, the system sells rewards owed to root-level stakers and automatically exchanges subnet tokens for TAO to pay out yields. This process is believed to create continuous selling pressure on various subnet token prices. The "Root Reborn" proposal suggests that validators could autonomously choose which subnets to support and reinvest the rewards that would otherwise be sold into these subnet assets, forming a compoundable asset portfolio. Stakers would still receive rewards and could exit at any time in TAO.The design of the proposal aims to convert persistent selling pressure into structural buying power, while also giving validators a more proactive screening role in capital allocation, thereby strengthening high-quality subnets and weakening low-quality projects.However, the proposal is still in the GitHub review phase. Early automated reviews have identified risks including large-scale data processing bottlenecks and potential impacts on staker settlements when subnets are shut down. The developer has stated that related issues have been fixed and that optimization will continue before mainnet deployment.According to market data, TAO has fallen approximately 28% over the past 12 months, while Bitcoin has dropped about 38% during the same period. The current annualized staking yield is approximately 17%. (CoinDesk)
Bitget has launched the latest CandyBomb campaign, with a total prize pool of 60 rSPCX tokens. This campaign is exclusively for new stock contract users. Users who complete designated contract trading tasks can earn up to 1 rSPCX token each.
Plasma has announced the launch of its innovative banking financial product, Plasma One.
cryptocurrency mining company Ionic Digital has released its mining and operational update report for May 2026, disclosing a mining output of 24.77 BTC, representing a 21.1% month-over-month increase. During the period, the company did not sell any Bitcoin and maintained a zero-debt status, with total holdings rising to 2,861 BTC. The company also disclosed current average daily hashrate of 1.74 EH/s, an increase of 15.3% compared to the previous month. (Globenewswire)
Aster announced an update to the ASTER tokenomics, increasing the buyback and burn ratio to 198%. Starting today at 12:00 UTC, 99% of the platform’s daily transaction fees will be used to buy back ASTER tokens, and an equivalent amount of ASTER tokens will be burned 1:1 from the reserve, enhancing staking incentives and driving the token toward a deflationary trajectory.
Sui posted on X, stating that Karrier One has made transfers on Sui as easy as sending a text message. The app supports secure calling, messaging, global transfers, and wallet management.
Benchmark has maintained a "Buy" rating for Coinbase with a $270 price target, implying approximately 59.5% upside from its Tuesday closing price of $169.27. The firm noted that Coinbase's latest "System Update" indicates it is accelerating its transformation from a crypto trading platform into an "everything exchange" that bridges traditional finance and the on-chain economy.Analyst Mark Palmer stated that this product update covers tokenized stocks, stock and crypto options, pre-IPO perpetual contracts, prediction markets, AI-driven investment tools, agent payment infrastructure, and retail financial products, signaling the continuous expansion of its business boundaries.Key progress highlighted by Benchmark also includes: the U.S. CFTC's approval for it to operate as a regulated Futures Commission Merchant (FCM), global derivatives capabilities obtained through the acquisition of Deribit, and integrating crypto perpetuals and options into a compliant framework, thereby achieving cross-market liquidity consolidation.Furthermore, the company's strategic moves in the Base ecosystem, prediction markets, and AI agent payments are also seen as key signals of its evolution from "spot crypto trading" to a comprehensive on-chain financial infrastructure. (The Block)
Odaily AI cost tracking company Ornn has officially launched a token price benchmark service for major large language models, adding independent Token cost indices for Anthropic and OpenAI. These indices are used to measure the unit computing cost of different models in real-world usage scenarios, aiming to provide end users with more transparent AI inference cost references. The service breaks down the Token pricing of different AI labs into comparable standardized metrics, helping enterprise customers and investors obtain a unified way to measure and hedge against AI computing cost fluctuations. (The Information)
According to Odaily, the Hebei High Court has released a typical case of combating illegal fundraising, in which a man packaged investment projects under the guise of the "Metaverse" concept to promote virtual commodity investment products under the "Newmateworks" platform, associated with the "Yishang United Community," to the public. He induced individuals to invest and directly introduced 19 investors who poured a total of 15.3936 million RMB into the platform. Of this amount, 1.1014 million RMB has been returned, while 14.2922 million RMB remains outstanding. The court found that the case used emerging technology concepts like the "Metaverse" as a cover for fraudulent marketing, violating national financial management laws. The amount involved was substantial, and the actions constituted the crime of illegally absorbing public deposits. The defendant, Chen, was sentenced to five years and four months in prison and fined.
According to The Block, Zama, Morpho, and Steakhouse Financial will launch Steakhouse Confidential USDC Prime Vault, an Ethereum-based confidential DeFi yield product that enables institutional users to deposit encrypted USDC and earn yield without revealing on-chain positions, transaction amounts, or strategy information.
SlowMist announced that over 140 Mastra-related npm packages were compromised via a supply-chain attack. Affected versions introduce the malicious dependency `[email protected]`, which triggers attacker-controlled code execution during installation.
OKX has announced it will list O perpetual futures.
Bitget has integrated Fireblocks Off Exchange, enabling institutional users to trade via on-chain MPC shared wallets without transferring assets—retaining full control over their assets while gaining complete access to Bitget’s liquidity and execution environment.
According to The Block, Australia’s High Court unanimously ruled that Block Earner’s previously launched fixed-income digital asset product, Earner, qualifies as a regulated financial product, requiring providers to hold an Australian Financial Services Licence (AFSL). The court upheld the appeal filed by the Australian Securities and Investments Commission (ASIC) and overturned the lower court’s earlier ruling, which had been more favorable to Block Earner.
Odaily Seer Channel monitoring shows that the probability on Polymarket for "Will Anthropic's valuation reach $1.1 trillion before June 30" has risen to 67%, up 30% in 24 hours.This event will be settled based on Anthropic's private market valuation data released by Nasdaq Private Market (NPM). If Anthropic's NPM Price reaches or exceeds the specified amount between the market creation and June 30, 2026, the event will be settled as "Yes"; otherwise, it will be settled as "No".Anthropic's latest funding round was completed on May 28, achieving a post-money valuation of $965 billion after its $65 billion Series H round, just one step away from common short-term thresholds like $1 trillion. With this prediction market set to settle on June 30, traders are monitoring secondary market liquidity and whether any new primary financing or tender offer activity could push its implied valuation higher within the remaining window. Recent estimates show Anthropic's annualized revenue run rate is approaching $47 billion, continuing to support investor demand. However, no new funding announcements have emerged since late May, and IPO preparations remain longer-term.Odaily Seer Channel continues to follow prediction markets, seeing changes before pricing.
Bitget has officially launched the AI trading strategy workflow layer, GetAgent Playbook—an industry-first user-facing implementation of the Agent Harness framework. Users no longer need to craft prompts manually; instead, they can select, preview, configure, and launch AI trading strategies directly from the Agent Playbook strategy library—all running within isolated sub-accounts for fully auditable operations and transparent workflows. This feature is currently available exclusively to GetAgent Plus and Pro users. Gracy Chen, CEO of Bitget, stated: “AI trading is evolving from simple Q&A interactions toward full-fledged workflows—and prompt engineering remains the biggest source of complexity. Playbook solves this by offering a ready-to-use strategy library (Agent Playbook), enabling users to effortlessly translate their trading ideas into executable, adjustable strategies powered by Agents.” To date, Bitget’s AI trading tools have attracted over one million users, with cumulative trading volume exceeding $1.2 billion. The Agent Hub spans nine core modules and 57 distinct tools, supporting read-only mode, demo trading environments, and Agent-dedicated sub-accounts—completely isolating Agent operational permissions from the main account. It seamlessly integrates across spot, derivatives, copy trading, and wealth management services, and uniquely supports tokenized U.S. equities trading.
The Shanghai Stock Exchange officially released the “Shanghai Stock Exchange Guidelines on the Application of the Rules for Review of Issuance and Listing—Guideline No. 10: Application of the Fifth Listing Standard of the STAR Market by Artificial Intelligence Large-Model Enterprises.” In accordance with the requirements of the STAR Market’s Fifth Listing Standard, and taking into account the technological innovation and industrial development characteristics of the AI large-model sector, this guideline specifies concrete criteria regarding technological advantages, interim achievements, relevant approvals, and market potential.
Helius released a research article stating that Solana’s inflation adjustment proposal, SIMD-550, recommends increasing the inflation deceleration rate from -15% to -30%, thereby shortening the time required to reach the long-term inflation target of 1.5% from approximately 5.7 years to 2.8 years. Modeling estimates indicate that this proposal would reduce SOL issuance by roughly 18.89 million tokens over the next six years—equivalent to approximately $1.51 billion at current prices.
According to the official announcement, Bitget has adjusted the leverage, position tiers, and maintenance margin rates for the SPCXUSDT USDⓈ-M perpetual contract trading pair. Leverage has been increased up to 100x, depending on position size. Users’ existing positions prior to the update will be affected, and users may adjust the relevant parameters according to their asset allocation needs. For more details, please refer to the Bitget official platform.