u/BYDFi

Crypto Industry Update
🔸On Polymarket, the probability of “Trump visiting China on May 13” surged to 97%, up 36% in 24 hours.
🔸OpenAI has allowed employees to sell shares.
🔸A TRUMP team allocation address transferred $12.09M in tokens to Fireblocks.
🔸JPMorgan raised its KOSPI index target to 10,000.

Trending Now
🔹The crypto market broadly rallied; PayFi led gains with +3.26%, and BTC briefly reclaimed $81,000.
🔹U.S. XRP spot ETFs saw $34.21M in net inflows last week.
🔹U.S. SOL spot ETFs recorded $39.23M in net inflows.

Summary
Market sentiment improved with sector-wide gains and strong ETF inflows, while prediction markets and macro upgrades continue to fuel momentum.

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Crypto Industry Update
🔸Bitcoin Core developers have disclosed a high-risk vulnerability (CVE-2024-52911); approximately 43% of nodes remain affected.
🔸A whale has opened a long position on SOL with ~2x leverage (approx. $8 million) while simultaneously holding an ETH long position of approx. $14 million.
🔸Vitalik Buterin: Prediction markets are shifting toward decentralized oracles; the next step should be the implementation of private voting.
🔸Kelp DAO is migrating rsETH to Chainlink CCIP as it continues to trade blame with LayerZero over the $292 million exploit.

Trending Now
🔹Ethereum Spot ETFs saw a total net inflow of $97.57 million yesterday, marking 3 consecutive days of net inflows.
🔹Bitcoin Spot ETFs saw a total net inflow of $467 million yesterday, marking 4 consecutive days of net inflows.
🔹The crypto market is seeing broad gains, with the SocialFi sector leading the rally (up over 13%); BTC has broken past $81,000.

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Crypto Industry Update
🔸Solana’s on-chain RWA value surpassed $2.5B, reaching a new all-time high.
🔸SlowMist reported that an EIP-7702 account vulnerability led to the theft of 1,988 QNT, worth about 55 ETH.
🔸Polymarket launched a new market on whether another country will exit OPEC by 2026.
🔸Iranian officials said U.S. attempts to pressure Iran through blockades are futile.

Trending Now
🔹U.S. Ethereum spot ETFs saw $21.80M in net outflows yesterday, led by BlackRock’s ETHA with $13.17M.
🔹U.S. Bitcoin spot ETFs recorded $89.68M in net outflows, with BlackRock’s IBIT leading at $112M.
🔹BTC broke above 77,000 USDT, up 0.22% over the past 24 hours.

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Crypto Industry Update
🔸Ethereum Spot ETFs: Recorded a total net outflow of $50.48 million yesterday; BlackRock’s ETHB was the only fund to see a net inflow.
🔸Bitcoin Spot ETFs: A 9-day streak of net inflows has ended, with a total net outflow of $263 million yesterday.
🔸Correction: The crypto sector saw a general pullback; BTC dropped below $78,000, with the NFT sector being the sole outlier showing gains.

Trending Now
🔹Manus Investors Refunded: Despite the acquisition being canceled, Manus investors have received their returned funds.
🔹Arthur Hayes on Macro: Hayes is shifting focus toward Walsh’s balance sheet stance rather than short-term interest rate paths.
🔹U.S. Crypto Legislation: The "Clarity Act" faces a tight 10-week window as the August deadline approaches.
🔹ZachXBT Scrutinizes World (Worldcoin): The on-chain sleuth questioned Sam Altman’s project for allegedly acquiring biometric data from users in low-income countries via token incentives.

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Crypto Industry Update
🔸Iran and Oman will continue expert-level talks on the Strait of Hormuz.
🔸He Yi clarified rumors about YZiLabs investments, saying her original comment referred to 🔸Chinese-founded AI startups and was overinterpreted.
🔸Telegram launched a no-code AI bot builder.
At a TRUMP luncheon, Trump said he simply hopes the CLARITY Act will be passed.

Trending Now
🔹BIT notes that ETF inflows continue, supporting a gradual uptrend in Bitcoin.
🔹U.S. XRP spot ETFs recorded $15.74M in net inflows last week.
🔹U.S. SOL spot ETFs saw $9.44M in net inflows over the same period.

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Crypto Industry Update
🔸Ethereum Spot ETF saw its 10-day net inflow streak come to an end yesterday, recording a total net outflow of $75.936 million.
🔸Bitcoin Spot ETF recorded a total net inflow of $223 million yesterday, marking its 8th consecutive day of net inflows.
🔸Crypto Sector Mixed: The Meme sector rose by 1.23%, while ETH saw a slight retracement.

Trending Now
🔹DeepSeek Releases Open-Source V4 Model: Featuring a massive scale of 1.6 trillion parameters.
🔹Metaplanet Issues ¥8 Billion Zero-Coupon Bonds: The proceeds are earmarked for the continuous accumulation of Bitcoin.
🔹SlowMist Security Alert: "HexagonalRodent," a subgroup of the North Korean Lazarus Group, is actively targeting Web3 developers with new attacks.
🔹rsETH Incident Update: Total deposits on Aave have dropped by approximately 37% following the event; however, capital outflows have now begun to stabilize.

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Crypto Industry Update
🔸A bill to limit Trump’s war powers was rejected by the U.S. Senate for the fifth time.
🔸Bitmine is reportedly accumulating 100,000 ETH, worth approximately $233.7M.
🔸Head of Product at X announced that the Community feature will migrate to XChat group chats, with the transition ending on May 30 and group sizes expanding to up to 1,000 users.
🔸A user reportedly earned $34K by manipulating a weather sensor to exploit a Polymarket temperature prediction market.

Trending Now
🔹SPK surged past $0.055, gaining over 80% intraday.
🔹Most crypto sectors rose; BTC broke above $78,000, while the NFT sector extended gains for three consecutive days.
🔹Aave TVL fell below $30B, down $16.2B from its previous peak.

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