SudoSage

Chalom states that the Ethereum treasury company is shifting from a strategy of imitation to one focused on staking yields and a simplified balance sheet, reducing leverage, with limited survivors in a bear market. He cites BlackRock calling Ethereum a "tokenized toll road," and points out that the NYSE/NASDAQ promoting 24-hour trading, and DTCC exploring tokenized collateral, will drive tokenized assets into traditional finance. In the future, under the expansion of stablecoins, tokenized assets, DeFi, and AI applications, Ethereum will follow a different path from Bitcoin.

[ME AI]() Message, recently, Liu Feng, the founder of Chainwen, and Dan Romero, the former founder of Farcaster and a member of the Tempo team, engaged in a series of discussions on topics such as payments, cryptocurrencies, and AI Agents. Among them, Dan Romero responded to some questions raised by the public and Liu Feng, with the key points as follows: 1. The reasons for the shift from idealistic socialfi products to blockchain mainnets led by large enterprises: “The crypto world has changed; now there are two kinds of things—stablecoins and crypto (more native).” The goal of Tempo and the playbook is: “Starting with payment services, cooperating with large, mature companies to help them develop on-chain payments and promote their business growth; then, combining …”

Wu said that the on-chain development startup Syndicate, backed by a16z, announced that after five years of development, due to a fundamental shift in the Rollup market and a significant contraction in market size (EVM Rollup is no longer the mainstream standard), Syndicate Labs has decided to shut down its operations. The official clarification stated that this decision is unrelated to the recent cross-chain bridge attack incident, and affected customers and all SYND holders on Commons Chain have been fully compensated through treasury reserves. Previously, Syndicate had raised over $27 million in funding.

ME News Update, May 15 (UTC+8), according to an official announcement, BitMart's futures contract will launch the BRKBUSDT perpetual contract at 15:00 (UTC+8) on May 15, 2026, supporting up to 10x leverage! (Source: BitMart)

BlockBeats reports that on May 23, the SEC delayed the launch of the "U.S. stock crypto version" plan, which originally aimed to conduct on-chain trading and all-day settlement of tokenized stocks issued via blockchain, anchored to real U.S. stock prices, and to lower global barriers. The SEC's postponement indicates that related products are still difficult to implement in the short term, and regulators remain cautious about security tokenization, investor protection, and market structure.

CryptoWorld News reports that the MU short position has increased by 596.00 coins, approximately $303,171.01, with a total position size of $3,870,067.11. The average price has decreased from $737.28 to $733.97. Currently, this short position has an unrealized profit of +$137,468.33 (+6.11%), with the current price at $708.79 and the liquidation price at $1,067.68. This address is shorting more than 20 tokens, with a position of about $40 million, and has accumulated profits exceeding $91 million. The main positions now are short on ZEC and TON.

Stanford NLP demonstrated at ICML 2026 that by automating executors, pre-training and post-training of LLMs can be transformed into execution environments, using execution feedback to improve research efficiency. Two methods: evolutionary search outperforms GRPO (69.4% vs. 48.0%) in post-training tasks, and recipes found for pre-training tasks are faster than nanoGPT (19.7 minutes vs. 35.9 minutes), both completed within ten search rounds; reinforcement learning based on execution rewards is prone to mode collapse, which, while increasing average rewards, does not improve the upper bound. This work points the way for execution-oriented automated AI research.

OpenClaw Founder Announces Official Release of CodexBar 0.26.0, Adding Support for Kiro, Antigravity, OpenRouter, Kimi, and Other Services, with a Smoother Interface and New Keyboard Navigation, Optimized Usage Limits and Cost Display for Codex/Claude, Fixed macOS Resource Naming, CLI, and Homebrew Issues, Enhancing User Experience.

BlockBeats reports that on May 20th, GameStop increased its stake in eBay from approximately 5% to 6.55%. Previously, on May 12th, eBay rejected its approximately $56 billion acquisition offer, stating it was neither credible nor attractive. On May 4th, GameStop had proposed to acquire eBay for about $56 billion, planning to pay $125 per share in cash plus stock; if the deal could not be reached, they would initiate a proxy fight and directly submit to shareholders.

🇺🇸 Trump Orders Fed Access Review for Crypto Firms
Trump has directed regulators to review barriers blocking crypto and fintech firms from accessing the Federal Reserve payment system and banks directly within 90–120 days. This review could allow some firms to process dollar payments without bank intermediaries.
The administration is also preparing an official update on a strategic Bitcoin reserve, expected in the coming weeks.
$BTC

BlockBeats News, May 21 — According to information from a related page, HYPE’s largest short seller, loracle.hl (@loraclexyz), appears to have deleted their X account.


As of the time of writing, the HYPE short contract held by this address has an unrealized loss of $31 million.

K25.ai completes Pre-A funding, with a valuation of approximately $100 million. NIVF leads the initial $2 million investment, which can be increased to up to $10 million, and holds an investment option. Both parties also reach an exclusive agency partnership in APAC, with K25.ai co-founders joining the NIVF board of directors. K25.ai focuses on AI-native live streaming and real-time prediction platforms in APAC, planning to advance potential IPOs through strategic transactions or reverse acquisitions.

BlockBeats News, May 21 — According to BitcoinTreasuries.NET, Elon Musk's SpaceX and Tesla currently hold a total of 30,221 BTC, worth approximately $2.3 billion. Among them, SpaceX holds 18,712 BTC, and Tesla holds 11,509 BTC. If combined, they would become the fifth-largest publicly traded Bitcoin holder in the world.

CryptoWorld News reports that the U.S. Federal Reserve has proposed establishing a new category of limited payment accounts, which would allow eligible fintech firms and crypto banks to access parts of the central bank’s payment infrastructure, but would not grant all the privileges of traditional banks. According to a Federal Reserve notice released on Wednesday, the proposal would create limited-purpose “payment accounts” for certain non-bank financial institutions, enabling access to clearing and settlement services, while excluding tools such as interest, intraday credit, and the Federal Reserve’s discount window. The proposal would also require regional Federal Reserve Banks to temporarily pause decisions on pending Tier 3 master account applications, with the pause expected to last until December 31, 2026. Federal Reserve officials said the pause will provide time to collect public feedback and apply the framework consistently across Reserve Banks. The proposal is also being issued as a request for comments and a proposed rule.

Mars Finance News, SATA under Strive has purchased approximately 218 BTC in the past two days.
If SATA maintains this purchase rate this week, its weekly BTC purchase volume will break the previous record of 371 coins.

PwC and Anthropic Announce an Expanded Strategic Alliance, Deploying Claude AI Among Hundreds of Thousands of Employees Worldwide, Co-Establishing Centers of Excellence and Training 30,000 Professionals. The collaboration focuses on agent technology, AI-native trading execution, and transforming enterprise functions, and PwC has set up a Claude financial business group. In practical applications, Claude can shorten delivery times in areas such as insurance underwriting and cybersecurity to 70% of the original—for example, reducing underwriting cycles from ten weeks to ten days.

CBRS was listed on Nasdaq, opening at $350—nearly doubling from its issuance price of $185. trade.xyz’s Pre-IPO perpetual contracts had priced CBRS weeks in advance. After 10 PM last night, trading volume for CBRS stock contracts surged, and the stock price jumped from $290 to $380; trading value nearly reached $100 million in a single hour. Over the past 24 hours, trading value was $280 million, with open interest of about $57.77 million, making it the platform’s fourth most active stock contract. These perpetual contracts enable continuous trading and real-time pricing, allowing ordinary investors to participate in new stock pricing early. Traditional IPO gray markets and roadshows are being disrupted by on-chain finance, and pricing power is gradually being eroded.

According to SoSoValue, on May 20th Eastern Time, HYPE spot ETF had a single-day net inflow of $25.46M, THYP had a single-day inflow of $16.65M, with a total of $34.89M; BHYP had a single-day inflow of $8.81M, with a total of $16.56M. As of the time of writing, the total net asset value of HYPE spot ETF is $58.73M, with a net asset ratio of 0.47%, and a cumulative net inflow of $47.8M.

Coin World News, on May 21 at 24:00, the price limit for gasoline and diesel will be adjusted upward, with gasoline increasing by 75 yuan per ton and diesel by 70 yuan per ton, equivalent to 89.05 yuan, 92.06 yuan, 95.06 yuan, and 0.06 yuan per liter respectively.
During this price adjustment cycle, the comprehensive change rate of crude oil initially started negative but eventually turned positive, resulting in an increase in refined oil prices.
The highest change rate within the cycle was 1.61% on the tenth working day, and the lowest was -5.75% on the second day.
When this price adjustment window opened, the corresponding increase for gasoline and diesel was 75 yuan and 70 yuan per ton, respectively, marking the eighth increase since 2026.
Looking ahead, the US-Iran negotiations have entered the final stage, but whether a complete ceasefire can be achieved remains highly uncertain.
The market is repeatedly weighing the progress of the situation, and the probability of the next round of refined oil price adjustments remaining stagnant is expected to be relatively high.