News linked to both this project and an event.
BitMart's "BM Discovery" zone has strongly launched Hantavirus (HANTA) at 11:00 on May 8 (UTC+8), with the HANTA/USDT trading pair now available.Hantavirus (HANTA) is a meme coin on the Solana blockchain themed around the Hantavirus outbreak, featuring a Resident Evil-style brand design.
Odaily Odaily Tether AI Research Group has released a new generation of medical AI model QVAC MedPsy, which is designed to run locally on low-power hardware such as smartphones and wearable devices, without relying on cloud servers. Simultaneously, it outperforms several larger state-of-the-art (SOTA) models across multiple medical benchmarks.Official data shows that the 1.7 billion parameter version of QVAC MedPsy achieved an average score of 62.62 on seven closed-set medical benchmarks, surpassing Google's MedGemma-1.5-4B-it by 11.42 points, despite having fewer than half the parameters. In real-world clinical tests like HealthBench Hard, this model even outperformed MedGemma 27B, which has nearly 16 times more parameters.Furthermore, the 4 billion parameter version achieved an average score of 70.54, surpassing several large models nearly 7 times its size in multiple medical reasoning evaluations. Tether stated that the model achieves "small model, high performance" through post-training medical reasoning optimization, reinforcement learning, and training on high-quality medical data.Compared to traditional cloud-based AI architectures, QVAC MedPsy also significantly reduces inference costs. Its 4 billion parameter version generates approximately 909 tokens on average, far fewer than the 2953 tokens of comparable systems, enabling lower latency and lower computational costs. The model also offers a GGUF quantized version suitable for local deployment on mobile and edge devices.Paolo Ardoino stated that the core goal of this model is to improve model efficiency, rather than simply increasing parameter scale, enabling medical AI to run directly on hospital local systems or terminal devices, thus avoiding uploading sensitive medical data to the cloud.
Bitget has officially launched its global community campaign, “Fan Story.” From now until May 20, users can share their authentic experiences using Bitget—and their holistic UEX trading journey—via图文 or video posts on platforms including X, Telegram, Reddit, LinkedIn, or Discord. Submissions must include the hashtag #BitgetFanStory and be submitted through the official form. Participants may use AI tools to assist with image generation or video editing, provided the content is based on real-life experiences. This campaign aims to showcase users’ growth journeys on Bitget, highlighting diverse groups such as early adopters, long-term traders, and community contributors. The prize pool features a dynamic growth mechanism: it expands every time 500 new participants join, with a maximum cap of 100,000 USDT. All winners will also receive exclusive merchandise from the Bitget Fan Club.
Odaily Odaily BitMart's "BM Discovery" zone has launched sato (SATO) at 18:00 on May 7 (UTC+8), with the SATO/USDT trading pair now available.sato is an ERC-20 asset on Ethereum, minted and repurchased via Uniswap v4 Hook. It is issued using an index bonding curve, with no pre-sale, migration, or operator intervention.
According to the HTX (formerly Huobi) announcement, HTX has enabled deposits for TWT and BILL tokens as of May 7 at 16:00 (GMT+8). Spot trading and grid trading for TWT/USDT and BILL/USDT will go live on May 7 at 18:00 and 19:00 (GMT+8), respectively. Withdrawals for TWT and BILL will be available on May 8 at 18:00 and 19:00 (GMT+8), respectively. Trust Wallet is a popular cryptocurrency hot wallet that allows users to retain full control over their funds. Its core feature is an integrated DApp browser offering a curated selection of decentralized applications, enabling direct staking and token trading. Billions Network is a universal “human-and-AI” collaboration network. It enables anyone to prove, in seconds, that they are a real and unique individual on-chain—without revealing any underlying personal data—providing humanity with a way to rebuild trust in every digital interaction and securely leverage AI agents.
Bybit’s U.S. stock perpetual contracts continue to expand, adding three new popular underlying assets today—Micron Technology (MU), iShares MSCI South Korea ETF (EWY), and iShares MSCI Japan ETF (EWJ)—offering users more diversified exposure to global equity assets. All three contracts support long and short trading with USDT margin and operate 24/7.
According to the official announcement, HTX has launched perpetual contracts for AMD/USDT, USAR/USDT, BILL/USDT, and IO/USDT on May 7. The maximum leverage for AMD/USDT and USAR/USDT is 10x, while the maximum leverage for BILL/USDT and IO/USDT is 20x.
Odaily Planet Daily, according to an official announcement, Binance Futures will list the BILLUSDT perpetual contract on May 7, 2026, at 16:15 (UTC+8), supporting up to 20x leverage. The contract is settled in USDT, with a minimum price change of 0.00001, a minimum trading volume of 1 BILL, a minimum notional value of 5 USDT, a funding rate cap of ±2.00%, and settlement every four hours. Additionally, copy trading functionality will be supported within 24 hours after the contract's listing.
According to the official announcement, HTX has launched the DOGS/USDT perpetual contract on May 6, supporting long and short positions with leverage ranging from 1x to 20x.
Odaily reports, according to an official announcement, Binance will adjust the collateral ratios for assets such as DOGE and SOL at 14:00 Beijing time on May 8, 2026. At 14:30 Beijing time on the same day, it will update the leverage and margin tiers for contracts like CELOUSDT, and adjust the position limits for contracts including HOMEUSDT.
According to the official disclosure by Drift Protocol, all affected wallets impacted by the April 1 attack will receive Recovery Tokens—representing their verified losses and proportional claims against the Recovery Pool—where each Recovery Token corresponds to $1 of verified loss. The Recovery Pool’s initial funding is approximately $3.8 million, sourced from converting the protocol’s remaining assets into USDT. It will be further replenished through a portion of quarterly net exchange revenue, partner contributions, and up to $127.5 million in matching deployment from Tether. Once the Recovery Pool exceeds $5 million, users may begin redeeming Recovery Tokens; the redemption price will be calculated as the Recovery Fund’s value divided by the outstanding supply of Recovery Tokens. Drift stated that the Insurance Fund was unaffected by the attack; any release of related funds requires governance proposals and DAO voting. The exchange plans to relaunch in Q2 2026, focusing primarily on perpetual contracts and a select set of markets. Additionally, it will replace its programs and addresses, rotate keys, reconstruct its community multisig, remove durable nonces and the Earn product, and implement operational security upgrades.
According to Odaily, Drift Protocol has released a user recovery plan for the approximately $295 million security vulnerability incident on April 1, which was attributed to a North Korean-backed hacker group. Under the plan, Drift will issue receipt tokens representing users' verified losses, with each token corresponding to $1 in losses, allowing holders to gradually redeem based on the recovery pool's funding size.Currently, the recovery pool has initial funding of approximately $3.8 million. Subsequent funding sources include up to $127.5 million from exchange revenue, Tether-backed funds, and up to $20 million from partner contributions, aiming to cover total losses of approximately $295.4 million. Drift has frozen approximately $3.36 million in USDC and has established a public bounty program offering 10% of recovered assets. It is expected to relaunch the exchange in a "security-first" model during the second quarter. (CoinDesk)
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.
According to monitoring by on-chain analyst Specter, the Wasabi Protocol attacker has deposited all stolen funds into Tornado Cash, moving approximately $5.9 million into Tornado Cash. Additionally, North Korean hacking groups have also used Tornado Cash to launder stolen funds from KelpDAO and LayerZero. Their process involved first cross-chaining the assets to Bitcoin, then routing them through Wasabi Mixer, extracting and cross-chaining back to Ethereum, depositing into Tornado Cash, subsequently withdrawing to new wallets and dispersing across multiple addresses. The new wallets then deployed tokens, used the stolen funds to buy in, removed liquidity from the deployment wallet, cross-chained to Tron (USDT), held for several hours or days, and finally sent to OTC-related wallets.
According to the official announcement, Binance Futures will launch AMDUSDT, QCOMUSDT, and USARUSDT—three USD-quoted perpetual contracts—in phases on May 6, 2026. These contracts track the stock prices of Advanced Micro Devices (AMD), Qualcomm (QCOM), and USA Rare Earth (USAR), respectively. Each contract offers up to 10x leverage, a funding rate cap of ±2%, and funding settlements every eight hours. The contracts support multi-asset margin mode, enabling users to use non-USDT assets such as BTC as margin.
data from Memento Research shows the monthly spending volume of crypto payment cards has risen to $600 million, a six-fold increase from a year ago. Cumulative on-chain transaction volume has reached $7.2 billion, with a total of 24 million transactions completed, involving 1.36 million wallet addresses. Among them:1. 62.5% of transactions are settled using Tether (USDT), indicating that stablecoins are gradually becoming the underlying infrastructure for consumer payments;2. Approximately 90% of transactions are completed via the Visa network;3. On-chain data also shows that the Solana ecosystem contributed about $348 million in transaction volume, while Jupiter’s Jupiter Global saw a month-over-month growth of 660%.
Paolo Ardoino, CEO of stablecoin issuer Tether, stated in a post on platform X that Tether may need to promote integration between WDK and QVAC in the future to support the development of Agent Cards-related features. Analysts believe this direction could help improve the connection layer between AI agents and crypto payment infrastructure, providing more efficient underlying support for automated application scenarios.
According to Financialit, stablecoin financial services platform UnblockPay has announced the completion of a $4.5 million seed funding round, led by Prelude, with participation from Plug and Play, Wintermute, Reverie, Signature Ventures, Triaxis Capital, Crescera Capital, and a group of angel investors. The new capital will support the development of regulated financial products, enabling businesses to integrate stablecoins into their day-to-day financial operations and facilitating seamless conversions between fiat currencies and major stablecoins such as USDC and USDT for enterprise users.
According to Bitcoin.com News, Bitso, one of Latin America’s largest cryptocurrency service providers, has released its “2025 Latin American Crypto Landscape Report.” The report shows that nearly 40% of cryptocurrency purchases in the region in 2025 involved U.S. dollar-pegged assets such as USDT and USDC. The analysis draws on data from nearly 10 million customers across key markets including Argentina, Brazil, Colombia, and Mexico.
Odaily Planet Daily reported that Tether has released its assurance report for the first quarter of 2026, with a net profit of approximately $1.04 billion for the quarter.As of March 31, 2026, Tether's excess reserves reached an all-time high of $8.23 billion. The company's total assets currently stand at approximately $191.8 billion, with total liabilities of around $183.5 billion, resulting in assets exceeding liabilities by $8.23 billion. In terms of reserve allocation, Tether directly and indirectly holds approximately $141 billion in U.S. Treasury bonds, in addition to about $20 billion in physical gold and $7 billion in Bitcoin.Tether CEO Paolo Ardoino stated that the company's goal is to ensure the stable operation of USD₮ under all market conditions by maintaining a simple structure and extremely high liquidity to navigate macroeconomic fluctuations.