The official WeChat account of the Cyberspace Administration of China published an article entitled "Building a Law-Based Cyberspace that Benefits the People," which pointed out that it is necessary to continuously improve laws and regulations that promote and protect the development of informatization, especially to strengthen legislation in areas such as artificial intelligence, digital economy, network infrastructure, satellite internet, and blockchain, and strive to ensure that cyber legislation covers wherever informatization development goes, so as to safeguard technological innovation and self-reliance in the cyberspace field with the rule of law.

SpaceX is expected to publicly file for its IPO in late May and price its shares in the week of June 15. If it achieves its fundraising target of up to approximately $75 billion, it will become the largest IPO in history. Furthermore, sources familiar with the matter say that SpaceX has moved up the originally scheduled vesting date for employee stock grants, which could take effect as early as next week. This early vesting is expected to help alleviate employee concerns about the number of shares available for sale at the time of the company's IPO. SpaceX has already notified employees that the vesting date (the time when shares granted through stock options can be sold) will be moved forward from the originally planned May to April. (Bloomberg)

Despite Bitcoin's rise to $76,300 this week, market sentiment remains subdued, with the Fear & Greed Index still hovering around 21, in the "extreme fear" range, indicating a clear divergence between price and sentiment. Institutional views suggest this rally is more of a "valuation correction" than a trend reversal. QCP Capital calls it a "mitigation rally," noting that macroeconomic pressures from inflation, energy, and policy have not fully subsided. Glassnode points out that Bitcoin is still about 5% below the key resistance level of approximately $78,100, the "real market average," suggesting limited upside potential. Funding structures are also showing divergence. While spot demand and ETF inflows have improved somewhat, profit-taking has increased, institutional participation remains cautious, and the derivatives market continues to favor downward hedging. Exchange data also shows that demand is primarily driven by offshore and retail funds, rather than US institutional dominance. Analysts suggest that around $75,000 has become a key support/test level. If subsequent buying fails to sustain, the price may fall back to the $70,000 to $71,000 range. On the macro front, US stocks continued to hit new highs, and oil prices remained high but did not surge further, leading to a recovery in market risk appetite, but uncertainty remains. Market focus is shifting to the Federal Reserve's policy path, and the overall environment continues to constrain crypto assets. In summary, while Bitcoin is currently maintaining its rebound, it is fluctuating near resistance levels, the market tone remains cautious, and a unified bullish trend has not yet formed. (The Block)

TeraWulf, a Nasdaq-listed Bitcoin mining company, has successfully completed its public offering of 54,510,000 shares of common stock at a price of $19.00 per share, raising a total of $1,035,690,000. According to Odaily, Morgan Stanley acted as the lead underwriter for this offering, with BofA Securities, Citigroup, TD Cowen, and Wells Fargo Securities serving as joint underwriters. Citizens Capital Markets and Santander Bank were co-managers, while Cantor Fitzgerald provided advisory services for equity capital markets. The company intends to use the net proceeds from this offering to cover part of the construction costs for its planned data center campus in Horse Cave, Kentucky. This includes fully repaying outstanding amounts under its transitional credit arrangements and funding future site acquisitions and general corporate purposes.

A recent prediction on Polymarket suggests a 32% probability that U.S. President Donald Trump will visit Pakistan by May 31, 2026. According to Odaily, this marks a 16% increase over the past 24 hours. The contract stipulates that if Trump enters Pakistan's land or maritime territory by 11:59 p.m. Eastern Time on May 31, 2026, the outcome will be 'Yes.' Entry into Pakistani airspace does not affect the result. The primary sources for market information include official U.S. government announcements, Trump's verified social media accounts, and other credible reports.

After Federal Reserve Chair nominee Kevin Warsh filed documents with the Senate disclosing his assets, Senator Elizabeth Warren pointed out that he had not fully disclosed his wealth, with two personal assets listed as "over $50 million" each belonging to a financial instrument called the "Juggernaut Fund." Warren stated that Warsh is the first Federal Reserve Chair nominee to be accused of unethical conduct, and also the first such nominee during Trump's current term. A spokesperson for the Senate Banking Committee stated that the Congressional Research Service has confirmed Warsh's "non-compliance" status, confirming that he is indeed unethical. Warsh has declined to comment as of now. (Politico)

According to Odaily Seer, a new prediction event has been added to Polymarket: "Trump will visit Pakistan before May 31st," currently with a 32% probability, up 16% in the last 24 hours. The event contract rules state: if US President Donald Trump visits Pakistan before 11:59 PM Eastern Time on May 31, 2026, the market result is "Yes," otherwise it is "No." "Visit" is defined as Trump actually entering Pakistani land or sea territory; whether Trump enters Pakistani airspace within the market's timeframe has no impact on the affirmative result. The primary sources of market information are official information from the US government, Trump's official statements, or information released by his verified social media accounts, but consensus from other credible reports is also considered. Odaily Seer continuously monitors the prediction market, seeing changes before pricing.

According to NS3.AI, Slashr has reported 32 delinquency incidents for Harmonic Major over the past 30 days, involving 625,000 SOL valued at over $50 million. Despite these issues, the Solana Foundation continues to promote 100% network uptime since March 2023. Slashr noted that Harmonic Major's delinquency rate is 12 times higher than the network average, resulting in delegators missing out on vote credits, inflation rewards, and MEV share during periods of downtime.

According to Jinse Finance, Nasdaq-listed Bitcoin mining company TeraWulf announced the completion of its previously announced public offering of 54,510,000 ordinary shares at $19.00 per share, raising a total of $1,035,690,000. Morgan Stanley served as the lead underwriter for the offering, with Bank of America Securities, Citigroup, TD Cowen, and Wells Fargo Securities serving as joint underwriters. Citizens Capital Markets and Santander Bank served as co-underwriters, and Cantor Fitzgerald served as equity capital markets advisor. TeraWulf plans to use the net proceeds from this offering to pay for part of the construction costs of its planned data center campus in Hawsville, Kentucky, including full repayment of outstanding amounts under its bridged credit facility, as well as for future site acquisitions and general corporate purposes. (Globenewswire)

Nasdaq-listed Ethereum treasury company Intchains Group released an update on its Ethereum staking and strategic transformation. The company disclosed that as of April 16, 2026, it had staked a total of 8,040 ETH, with 1,000 deployed on the FalconX platform and 7,040 on its proprietary Goldshell Stake platform. The current multi-platform staking strategy helps improve returns and diversify risk. The company also announced an accelerated transformation towards an AI-enabled operating model, focusing on introducing automation and intelligent tools in areas such as chip and product development, marketing, and overall operations to improve efficiency and decision-making capabilities. (Globenewswire)

Discussions surrounding stablecoins have long focused on one question: who will issue the next dominant stablecoin?

A group of Drift Protocol investors are seeking to bring stablecoin issuer Circle to court, blaming the company for its inaction following the Drift Protocol hack.

OpenAI has paused its Stargate UK data centre plan, saying energy costs and regulation were the main reasons. The UK AI minister disputes this, saying conditions have not changed and pointing instead to OpenAI’s financial pressures.

The most valuable thing in the future will be the oldest thing. It's not computing power. It's not data. It's not models. It's when one person says "I believe in you" to another, and that promise is truly fulfilled.

A Brazilian cybersecurity researcher has raised alarm bells, warning others about counterfeit ledger devices that has been planted by scammers in the Chinese market in the attempt to steal users' crypto.

Exchanges are replacing traditional venture capital (VC) firms, gradually gaining control over initial public offerings (IPOs), pricing power, and liquidity. Exchanges are eroding the informational, investment, and lock-up advantages of traditional VCs, and arbitrage opportunities for VCs are being continuously squeezed.

Grinex halted trading after hackers stole around $13–15 million from its wallets in a coordinated attack involving 54 addresses. The stolen funds were quickly moved across multiple blockchains and converted into other assets to make them harder to trace.

Payments, Stablecoins, Web3 Compliance: Licensing Strategies for Stablecoin Payment Projects (Jinse Finance) This article analyzes the compliance and licensing strategies for stablecoin payment projects.

Overnight, BTC continued to fluctuate around 75k, with various opinions circulating in the market.

In the world of artificial intelligence and crypto, are humans being replaced by robots? Golden Finance: In which areas of the crypto world have robots taken over, and which remain human-dominated?