According to Lookonchain monitoring, in the past 5 hours, a whale opened a long position of 1.97 million TON with 3x leverage, worth $5.39 million, with a liquidation price of $0.944.

According to Odaily Seer, an account (address: 0x492442eab586f242b53bda933fd5de859c8a3782) that lost over $2.3 million in the Polymarket prediction event for "NBA Eastern Conference Semifinals Game 2: Pistons vs. Cavaliers," purchased over $210,000 worth of bets on the Pistons to win by a 3.5-point spread against the Cavaliers. The average opening price was 51¢, resulting in a floating profit of $60,000. Game 2 of the NBA Eastern Conference Semifinals between the Pistons and Cavaliers started at 7:00 AM Beijing time today. Currently, in the second quarter, the score is 36-29, with the Pistons leading. The series is 1-0, with the Pistons holding a temporary advantage. Odaily Seer continuously monitors the prediction market, anticipating changes before they are priced in.

Josh Swihart announced that Zcash is set to introduce quantum-recoverable wallets within a month, with the goal of achieving full post-quantum capabilities within 12 to 18 months. According to NS3.AI, Swihart also mentioned that a separate scaling initiative is underway, aiming to reach throughput levels comparable to Mastercard and Visa within a similar timeframe.

The market capitalization of RWA Chain has stabilized at $30 billion. According to PANews, the monthly transfer volume of stablecoins has seen a significant decrease of 25%. Meanwhile, the U.S. CLARITY Act is approaching a crucial vote, which could impact the regulatory landscape. Traditional financial giants are accelerating their tokenization efforts, while AI-driven payment and privacy sectors are emerging as new areas of focus.

Ships can now safely navigate through the Hormuz Strait, according to Odaily. This development was reported by Saudi Arabian television.

South Korea has confirmed that a tax on cryptocurrency gains will start on 1 January 2027 after multiple delays and political debate.

Hangzhou Electric Co., Ltd. issued a notice on May 8 regarding abnormal trading activity. According to Jin10, the company's stock prices saw a cumulative increase of over 20% during the trading days of May 6, May 7, and May 8, 2026, indicating unusual volatility. The significant rise in stock prices has deviated from the company's fundamentals, suggesting a potential for rapid decline in the future. The company has observed heightened market and media attention on the demand and pricing within the fiber optic cable industry. The global advancement of artificial intelligence technology has driven increased demand for related fiber optic cable products. However, the overall development of the industry is closely linked to global communication technology iterations and the capital expenditure plans of downstream clients. Potential adjustments in industry policies, unmet market demand expectations, tight supply of core raw materials, or significant price fluctuations could impact the company's production operations, product costs, and profitability.

Sources say that safe passage for ships through the Strait of Hormuz is now within reach. (Arabiya Television, Saudi Arabia)

JUST has released its April core data report, highlighting the impact of its GasFree feature on USDT transfers within the Tron network. According to ChainCatcher, the GasFree functionality allows users to conduct USDT transactions without needing to hold TRX in advance, as transaction fees can be paid directly using USDT from their wallets. Throughout April, the GasFree feature served over 287,000 users and facilitated 725,000 transactions, enabling seamless movement of funds amounting to $11.3 billion. This initiative simplifies the transaction process and makes costs transparent and manageable, significantly enhancing the scalability of stablecoin payments.

South Korean authorities plan to implement a 22% capital gains tax on cryptocurrency transactions starting January 2027. This move marks a significant regulatory development in the country's approach to digital assets, according to The Block. The tax aims to bring crypto trading under similar fiscal scrutiny as traditional investments, reflecting growing global trends in cryptocurrency regulation.

Binance Co-CEO Richard Teng stated in an article on the X platform that 75% of financial institutions plan to increase their use of AI in crime detection. He also stated that Binance's AI-driven detection system helped users avoid potential losses of $10.53 billion between 2025 and the first quarter of 2026.

AWS overheating at a Northern Virginia data centre disrupted cloud systems in one zone, affecting platforms like Coinbase and FanDuel. Coinbase users faced trading delays while AWS worked to restore cooling and recover services gradually.

0xSisyphus, the pseudonymous figure linked to the catastrophic collapse of AnubisDAO, has rebuilt himself as one of Crypto Twitter’s most visible self-appointed scam watchdogs — despite lingering criticism over the multimillion-dollar project failure that left victims empty-handed.

Coinbase released its Q1 2026 financial results: revenue plummeted 31% to $1.41 billion, exceeding market expectations. However, Coinbase's financial report reveals a "seemingly weak but actually strong" pattern.

The U.S. Treasury has privately urged Binance to fully follow its 2023 court-ordered monitoring programme after reports of over $1 billion in funds allegedly linked to Iran moving through the exchange.

Elon Musk, OpenAI, Sam Altman, Anthropic, OpenAI trial sequel: Musk's outburst, Tesla's financial injection and the inside story of the "haunted house meeting" - Golden Finance, the "tech nuclear war" is still unfolding, with bombshell revelations coming one after another.

AI Agent, OpenAI, LLM, OpenAI makes models "speak." Beware: Insulting AI is expensive. Golden Finance: Speaking isn't cheap.

Stablecoins, the Clarity Act, banks, the US Congress, the US Clarity Act, the regulatory legislation for stablecoins is about to reach its decisive moment. Golden Finance, bargaining.

Amazon Web Services (AWS) is bringing stablecoin payments directly into artificial intelligence infrastructure through a new partnership with Coinbase and Stripe, signaling a major step toward autonomous AI agents capable of transacting online without human involvement.

China accounts for 61% of global AI token usage, but the money it earns is probably less than a fraction of what Anthropic earns.