News linked to both this project and an event.
Odaily reports, In a recent video interview with Cointelegraph, Gate Founder and CEO Dr. Han stated that the crypto industry is transitioning from a primarily speculation-driven market towards a phase focused on infrastructure development and real-world applications. Dr. Han pointed out that stablecoins, RWA, AI, and asset tokenization are becoming core directions for the industry, and that clearer regulatory frameworks (such as the CLARITY Act) are expected to further drive innovation in DeFi, payments, and on-chain finance.Dr. Han also mentioned that high user entry barriers, security risks, and liquidity fragmentation remain significant challenges facing the industry. In the future, the crypto industry will further integrate with traditional finance, playing a more important role in areas such as payments, settlement, and the circulation of digital assets.Gate continues to deepen its multi-asset and TradFi strategy. In addition to expanding into assets such as stocks, metals, forex, indices, and commodities, it has also launched Pre-IPOs with the first project, SpaceX (SPCX). At the same time, as one of the first CEX platforms to integrate Polymarket, Gate is continuously promoting the development of the prediction market ecosystem, accelerating the construction of a comprehensive trading platform that spans crypto and traditional finance.
According to Hyperinsight monitoring, a whale address on Hyperliquid—previously drawing attention for aggressively going long on HYPE ahead of Robinhood’s listing of the token—has seen its unrealized profit on HYPE long positions increase from $11.8179 million to $13.8535 million, with its return rising from 90.64% to 103.03%. The address currently holds a position size of approximately $67.2274 million, with an average entry price of $38.68; HYPE’s current price stands at $48.71, and its liquidation price is $38.93.
Startale App serves as the one-stop entry point and Mini App center for the Soneium ecosystem event. The Mini Apps Carnival brings together 17 Soneium ecosystem mini-programs, where users can simultaneously earn STAR Points and project-specific rewards upon completing tasks, accelerating exploration of on-chain gaming and application ecosystems.This event also collaborates with SuperVerse to introduce additional $SUPER incentives, further driving user growth, ecosystem interaction, and the adoption of Soneium applications.
Bitget Wallet has announced the completion of its RWA trading upgrade and integrated xStocks as a new source of tokenized stocks, providing users with global tokenized stock trading capabilities. From May 19 to June 14 (Beijing time), Bitget Wallet users who complete tiered trading tasks can receive up to $264 in rewards, with a total prize pool of $100,000. Additionally, users who hold, add liquidity to, or participate in the lending market for any xStocks token will receive a 20% exclusive xPoints bonus.Through this upgrade, users can now trade over 300 types of RWA tokens across Ethereum, Solana, and BNB Chain, covering various assets such as US stocks, ETFs, oil, precious metals, and country indices. The service supports 24/7 trading, low transaction fees, and gas-free execution, with trading starting from $0 and no minimum threshold requirement. Currently, Bitget Wallet supports a dual RFQ + AMM trading mechanism, enabling instant execution and effectively reducing spread slippage. It has also integrated AI market signals to assist in trading decisions.xStocks is developed in collaboration between Kraken and Backed. Its tokenized stock products adopt a 1:1 full collateral mechanism with underlying assets. Since its launch in June 2025, the platform has processed a cumulative trading volume exceeding $30 billion. This integration will further advance Bitget Wallet's "Everyday Finance, Onchain" strategy, aiming to enable users to conduct daily trading of traditional financial assets through on-chain wallets, breaking down the geographical and entry barriers imposed by traditional financial infrastructure.
According to the official announcement, Websea officially resumed withdrawals on May 18 at 16:00 (UTC+8), marking the platform’s entry into a substantive and comprehensive recovery phase. This withdrawal resumption is proceeding steadily with support from strategic investors. Earlier reports indicated that the platform has reached a strategic cooperation agreement with a Middle Eastern family fund to fully support its long-term operations and development.
B.AI has officially integrated into the Solana ecosystem, comprehensively upgrading its cross-chain login and payment capabilities. Users can now log in with one click via MetaMask and Phantom wallets and top up or subscribe using SOL, USDT, USDC, or WBTC on the Solana network. B.AI now supports eight major public blockchains—TRON, BNB Chain, Ethereum, Base, Arbitrum, Optimism, Polygon, and Solana—building a more open and decentralized multi-chain AI economy. New users enjoy an exclusive limited-time welcome offer: 500,000 points upon first login, a 1:1 bonus on top-ups, and up to an additional $100 worth of points per user. Going forward, B.AI will lower entry barriers and expand asset options to help you seamlessly enter the new era of intelligent economics.
Lucas Bruder, co-founder and CEO of Jito Labs, stated the crypto market is entering a "new phase": more and more on-chain users no longer consider themselves "crypto traders," but rather ordinary traders looking to trade various assets.Jito Labs plans to launch a trading terminal called JTX this summer, targeting "professional retail" users and supporting spot, futures, and prediction market trading. This signifies that Jito will extend its reach from Solana's underlying infrastructure to consumer-facing products.Bruder believes that Solana has proven its ability to handle large-scale trading activity following the memecoin surge in 2024, attracting new users with its low costs and high speed. He also indicated that as Wall Street assets gradually move on-chain, Solana has the potential to become the entry point for more mainstream traders into the on-chain market.
Euler Finance announced it will take over the maintenance and operation of the Euler contract stack known as Mewler under HypurrFi on the Hyperliquid EVM. The relevant infrastructure is undergoing a smooth transition, with Clearstar Labs continuing to serve as the risk manager for the Prime, Yield, and Earn vaults. HypurrFi Scale and Pooled Markets are scheduled to gradually wind down and undergo orderly liquidation over the coming weeks. However, all existing markets remain solvent and fully operational, with no security vulnerabilities or emergency parameter adjustments.During the migration process, new borrowing functionality for some Pooled assets has been frozen, but HYPE, USDC, and USDT0 can still be used for liquidity provision to allow borrowers to gradually unwind their positions. Euler emphasized that its isolated lending architecture on HyperEVM will continue to serve as core infrastructure, jointly maintained by Euler and Clearstar Labs.The HypurrFi team stated that user deposits, positions, and collateral assets remain fully secure. This adjustment is an active strategic migration, not a security incident or protocol failure. According to the plan, Euler Prime and Yield markets will become the primary entry points for lending and yield markets on HyperEVM moving forward. The HypurrFi brand will be gradually phased out, with related support services closing after May 28. Full market liquidation is expected to be completed by July 15, 2026.HypurrFi also reminded users to be aware of risks and fraudulent links during the migration process, to operate only through official channels, and to use the built-in migration tools to transfer Pooled positions to Euler Prime or Yield markets.
B.AI has announced full integration with China’s mainstream payment systems—WeChat Pay, Alipay, and UnionPay—are now available to users. Starting today, users can complete the entire workflow—including account top-ups, AI service subscriptions, and invocation of top-tier AI models and Agent services—in their familiar payment environment. This payment upgrade lowers the barrier to entry, enabling individual developers and enterprise customers to more easily access cutting-edge AI capabilities, resulting in a smoother, more natural, and localized user experience. Going forward, B.AI will continue optimizing its product experience, striving to embed smarter, more efficient AI services seamlessly into everyone’s daily work and life.
Odaily Investment bank TD Cowen reiterated its "Buy" rating on Sharplink following its Q1 earnings report, maintaining a $16 price target, implying approximately 106% upside from the current share price of $7.76.Sharplink's Q1 revenue exceeded $12 million. The company also announced the establishment of an approximately $125 million income fund in partnership with Galaxy Digital, with Sharplink contributing roughly $100 million. The fund will focus on DeFi and liquidity yield opportunities, targeting returns higher than base staking yields.The analyst team believes the current share price is in a "favorable entry window," driven primarily by a persistent NAV discount and expanding Ethereum demand. Sharplink currently holds approximately 873,000 ETH (about $2 billion), translating to a net asset value (NAV) of roughly $9.68 per share, while the stock still trades at about a 20% discount to NAV. TD Cowen noted that the Galaxy partnership strengthens Sharplink's yield strategy, allowing it to maintain ETH exposure while improving capital efficiency through institutional-grade DeFi opportunities. (The Block)
According to the official website of the Chinese government, the General Office of the State Council issued the “State Council’s 2026 Annual Legislative Work Plan,” which specifically highlights improving legislation related to AI governance. The plan explicitly states that comprehensive legislation promoting the healthy development of AI will be expedited, and legislation safeguarding AI’s foundational elements—including data, computing power, algorithms, intellectual property rights, cybersecurity, and supply chain security—as well as regulating key application scenarios, will also be accelerated. By incorporating AI governance into the national-level comprehensive legislative framework, this legislative initiative marks China’s entry into a substantive implementation phase for building its AI regulatory framework.
Odaily News Executives from PayPal and Google Cloud stated that in the future, commerce driven by AI Agents will operate on crypto payment rails, as AI Agents cannot use traditional bank accounts like humans.Richard Widmann, Head of Web3 Strategy at Google Cloud, stated that AI Agents are unable to open bank accounts from both a technical and regulatory standpoint, while cryptocurrencies offer an "excellent machine-readable payment interface." He revealed that Google has launched the open-source Agentic Payments Protocol (AP2) and donated it to the FIDO Foundation, with over 120 partners, including PayPal, already joining.May Zabaneh, Senior Vice President of Crypto at PayPal, indicated that the company views AI Agents as the next generation of commerce entry point following offline, online, and mobile payments. She noted that PYUSD, as PayPal's stablecoin, provides a naturally programmable payment layer for AI-native payments and global transactions.A PayPal survey shows that 95% of merchant websites currently see traffic from AI Agents, but only about 20% of merchants have machine-readable product catalogs. Zabaneh believes that merchants need to adapt to the AI Agent era as quickly as possible, or they will miss out on the next wave of commercial infrastructure upgrades.Additionally, the two also discussed the security and responsibility issues of AI Agents. Widmann stated that multi-party custody will become an important solution for Agent fund management. AI Agents should not have full control over private keys but should only hold a portion of the key fragments to reduce financial risk. (CoinDesk)
According to an official announcement, WorldClaw has partnered with World Liberty Fi to launch WorldRouter, enabling users to access over 300 AI models through a single account—at prices approximately 30% lower than the public list prices set by the respective model providers. WorldClaw states that this product serves as the first entry point to its AgentOS. As introduced, AgentOS is built on BNB Chain, Solana, and Tempo, and supports settlement in USD1. The platform has also unveiled a tiered program, including earning AI credits, WorldClaw Points, and other benefits through either spending USD1 or staking WLFI tokens.
SoFi Technologies has announced the expansion of its stablecoin, SoFiUSD, to the Solana network, attracted by its low costs, high throughput, and rapid settlement capabilities.Launched in 2025 as a fully reserved US dollar-pegged stablecoin, SoFiUSD was initially deployed on Ethereum, designed to provide banks, fintech companies, and enterprises with near real-time settlement infrastructure available 24/7.As the regulatory framework gradually becomes clearer, banks and financial institutions are accelerating their entry into the stablecoin赛道, competing with major issuers such as Tether and Circle.
stablecoin infrastructure startup Rain is now valued at $1.95 billion and has announced a partnership with payment giant Mastercard to issue credit and prepaid cards, while also exploring the use of stablecoins for payment settlements. Previously, Rain primarily relied on the Visa network for its card products. This collaboration with Mastercard marks its entry into a "dual-card network" strategy, further expanding its institutional client market. Rain stated that the partnership will focus on serving large institutional clients already deeply integrated with a single payment network, enabling them to introduce stablecoin settlement capabilities without altering their existing payment systems.Meanwhile, the application of stablecoins continues to expand across the industry, with institutions such as Stripe and Coinbase actively promoting the integration of stablecoin payments and settlements. This indicates that the convergence of traditional finance and crypto payment infrastructure is accelerating. Analysts suggest that as regulatory frameworks gradually become clearer, stablecoins are rapidly transitioning from trading tools to enterprise payment and cross-border settlement infrastructure. (Fortune)
Payward (Kraken’s parent company) has announced the completion of its acquisition of Bitnomial, marking its official entry into the U.S. crypto derivatives market with full regulatory credentials. Following the transaction, Payward now holds a comprehensive set of U.S. CFTC licenses, including Futures Commission Merchant (FCM), Designated Contract Market (DCM), and Derivatives Clearing Organization (DCO) status, enabling it to launch compliant derivatives services in the U.S. market.Payward stated that it will gradually roll out spot margin trading under the Kraken brand, followed by plans to launch perpetual contracts and options products, while expanding institutional-grade derivatives capabilities through the Bitnomial framework. It is reported that Bitnomial, as a Chicago-based native crypto derivatives trading platform, has long held the three core CFTC licenses and has been relatively aggressive in listing new assets. After the transaction, it will retain its existing licenses and regulatory framework, continuing operations within the Payward system.Additionally, this acquisition continues Payward’s recent expansion moves: the company had previously secured a $200 million investment from Deutsche Börse Group and filed IPO-related documents with the U.S. SEC, signaling its accelerated push into globally compliant derivatives and capital market pathways. (The Block)
According to an official announcement, B.AI has significantly upgraded its free quota for new users as of May 1. All newly registered users will instantly receive 500,000 free credits—no strings attached—to invoke top-tier large language models integrated into the platform, including GPT-5.5 and Claude Opus 4.7. Whether tackling complex reasoning, generating code, or exploring Web3 trading strategies, users can freely test the real-world performance of cutting-edge AI. This enhanced benefit aims to substantially lower the barrier to entry for developers, freeing creativity and execution from computational budget constraints—truly enabling “register-and-go, experiment-with-confidence.” Visit http://b.ai now to claim your credits and unlock infinite possibilities.
Hyperliquid is accelerating its entry into the prediction market arena, planning to compete with platforms like Polymarket and Kalshi through a newly launched "outcome tokens" mechanism.According to the recently disclosed fee structure, Hyperliquid adopts a "zero fee for opening positions, fees for closing or settlement" model for event trading, covering scenarios such as minting, trading, burning, and settlement. The platform also offers lower transaction costs for "aligned quote tokens," including market-making rebate increases and fee discount mechanisms. This feature will be introduced through the HIP-4 upgrade, enabling users to trade binary contracts based on real-world events within a single account, integrated with the existing spot and perpetual contract system to form a unified trading environment.The prediction market has grown rapidly in recent years, with total trading volume exceeding $63.5 billion in 2025. Hyperliquid's previously launched HIP-3 has driven its permissionless perpetual contract market to account for over 35% of the platform's trading volume. Currently, event tokens are still in the testnet phase, and the mainnet launch date has not yet been announced. However, the industry widely expects this to become a crucial infrastructure for Hyperliquid to challenge the existing prediction market landscape. (CoinDesk)
Odaily News, Web3 security company CertiK has released its "2026 State of Digital Asset Regulation" report, systematically reviewing global regulatory trends. The report indicates that as of April 2026, regulatory frameworks in major jurisdictions such as the United States, the European Union, Hong Kong SAR, and Singapore have been largely established, and the industry is entering a phase of comprehensive compliance.The report shows that anti-money laundering (AML) enforcement has replaced securities classification as the primary regulatory risk. In the first half of 2025, global AML-related fines exceeded $900 million, making transaction monitoring capabilities a core compliance requirement. Meanwhile, smart contract security audits are evolving from industry best practices into access conditions, becoming a prerequisite for license approval and token listings. Additionally, global stablecoin regulatory frameworks are converging, with principles such as full reserve backing and licensed issuance becoming widespread, though cross-jurisdictional regulatory differences still pose compliance challenges.The report states that with regulatory convergence and strengthened enforcement, the industry has entered an "era of strong compliance." CertiK indicated that the core challenge for enterprises is shifting from "whether to comply" to "how to quickly build and implement compliance capabilities." Multi-jurisdictional licensing, AML investment, and continuous security audits are becoming fundamental entry requirements for institutional development.
In response to the first customized commodity trade completed on the Kalshi platform, Kalshi CEO Tarek Mansour posted on X platform, "Historically, the bottleneck for institutional risk transfer has been liquidity. The bottleneck for liquidity is the lack of price benchmarks for each type of relevant risk (e.g., WTI for oil). Kalshi has built a large community of top global superforecasters who rank among the world's best at pricing risk. This allows us to create price benchmarks for a broader range of issues faced by people and institutions. Institutions have already begun adopting these price benchmarks by integrating them into traditional asset pricing models. Although work remains, we are seeing rapid expansion in data use cases and integration.""The next phase is utilizing these price benchmarks to transfer risk via block trades and requests for quote (RFQ). This phase is still in its early stages but is beginning to take shape. The market size for risk transfer of non-traditional financial instruments is difficult to estimate. The closest references are the reinsurance market and the derivatives desks of banks: reinsurance is approximately $700 billion; insurance-linked securities and parametric insurance (such as catastrophe bonds) are around $120-135 billion; bank derivatives (structured products, dealer-to-dealer, exotics, etc.) are about $200-400 billion. The current market is roughly $1-1.5 trillion, but most of it is illiquid and traded over-the-counter (OTC, i.e., with a single counterparty). Whenever a major OTC market moves to exchange trading, the market grows significantly due to the establishment of price benchmarks, narrowing bid-ask spreads, the end of Wall Street elite's monopoly on access, and the entry of new participants. For example, interest rate swaps grew 10-15 times, stock options grew 20-30 times, and energy derivatives grew 5-8 times. The institutional use case for prediction markets could form a $10-15 trillion market, with even greater upside potential, depending on the extent to which it democratizes products currently exclusive to Wall Street."