cati

According to official news, the Arbitrum Foundation has initiated a new round of funding requests to the Arbitrum DAO, planning to obtain 16 million US dollars in stablecoins, 1,740 ETH, and 230 million ARB, with a total value of approximately 43.5 million US dollars.The funds raised this time will be specifically used for the foundation's operational work in 2027, covering areas such as technical infrastructure, ecosystem development, marketing promotion, and governance services. The ARB tokens requested in this application account for 3.7% of the total supply. In comparison, the Arbitrum DAO's total revenue for the year 2025 is approximately 23.49 million US dollars. Currently, this funding proposal is still in the community governance discussion stage.

According to official news, the application channel for Gate Card is currently open, and global user participation continues to rise. Currently, Gate Card supports over 100 countries and regions worldwide, covering approximately 130 million merchants that accept Visa, and is compatible with Apple Pay and Google Pay, usable for various consumption scenarios such as online shopping, offline retail, and dining travel.At the same time, Gate Card has launched a brand video that showcases scenarios around global consumption, mobile payments, and the everyday application of crypto assets, further conveying the product concept of "integrating crypto payments into real life."It is reported that Gate Card offers up to 5% cashback on spending, supports cashback in multiple currencies including BTC, ETH, USDT, GT, and provides benefits such as free card application, no annual fee, and no monthly fee. Industry insiders believe that as the mobile payment ecosystem and crypto assets become further integrated, crypto payment products are gradually extending from transaction scenarios to high-frequency consumption scenarios. In addition, Gate Card has recently launched a limited-time referral reward activity. Users who invite friends to complete card opening and spending can both receive up to 165 USDT in rewards.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 24, up 1 point from yesterday. The average over the past 7 days is 27, and the average over the past 30 days is 34.

Bit Digital, a Nasdaq-listed company, CEO Sam Tabar posted on X that he has bought more ETH.Sam Tabar explained, "Many people, after seeing ETH's price performance over the past two years, concluded that it is finished. But I believe they have identified the wrong catalyst. The repricing of ETH should never have been based on retail narratives. For an asset supported by such a vast infrastructure, that narrative is inherently too fragile. The real catalyst is institutional demand. And the rhythm of institutional demand never operates according to the emotions on social media. It only occurs when conditions are ripe, such as when the compliance framework is ready, the custody system is established, and the regulatory environment is stable enough for CFOs to sign off. That moment is actually closer than what the market price reflects."He added, "I hold ETH because I have a fiduciary obligation to make smart capital allocation decisions. And based on the price at which I bought, ETH meets that standard."

Insiders revealed that the cryptocurrency trading and brokerage firm FalconX has secretly submitted an S-1 registration draft to the U.S. SEC and has hired investment firms such as Cantor Fitzgerald to provide advisory services for its IPO. However, due to market volatility, FalconX expects to advance its listing no earlier than later this year. Founded in 2018, FalconX primarily provides digital asset trading, liquidity, clearing, and credit services to hedge funds, asset management firms, and market makers. The company completed a $150 million Series D funding round in 2022, with a valuation of $8 billion at that time.Reports indicate that as market sentiment cools, trading volumes decline, and the performance of some cryptocurrency IPOs post-listing has been weak, several cryptocurrency companies, including Kraken's parent company Payward, Consensys, Ledger, and Grayscale, have postponed their listing plans. Meanwhile, Blockchain.com also secretly submitted its IPO application to the U.S. last week.

According to The Block, the Bank for International Settlements (BIS) announced that its "Project Agorá" tokenization prototype has successfully verified the feasibility of atomic settlement for cross-border wholesale transactions. The prototype employs a layered architecture, utilizing tokenized central bank reserves and commercial bank deposits to achieve "all or nothing" transaction chain execution across multiple currencies and jurisdictions, while allowing central banks to retain operational autonomy.Legal analysis shows that finality of settlement can be achieved in all seven participating jurisdictions, and privacy protection can also be ensured within a compliant framework. The project is jointly initiated by the BIS and the International Financial Association, with participation from seven central banks including the Federal Reserve Bank of New York, the Bank of England, the Bank of France, the Bank of Japan, the Bank of Korea, the Bank of Mexico, and the Swiss National Bank, as well as over 40 private financial institutions. In the next phase, the Bank of Canada will officially join as the eighth central bank member, and the project will advance to the real value testing stage, further expanding private sector participation.

ETH has fallen below $2000 for the first time since March this year. Over the past 7 days, ETH has cumulatively dropped nearly 8%, with a decline of over 5% in the last 24 hours. Meanwhile, ETH futures open interest (OI) has risen for the third consecutive day, reaching a historic high of 16.39 million ETH, with a nominal value of approximately $3.25 billion. Analysts believe that the continuous rise in OI against the backdrop of falling spot prices indicates that the market is experiencing more aggressive leveraged short-selling behavior.Markus Thielen, founder of 10x Research, stated that more and more investors are beginning to abandon ETH, "ETH does not generate cash flow, and in the context of rising U.S. Treasury yields, the attractiveness of staking yields is declining." Additionally, U.S. spot ETH ETFs have seen a cumulative net outflow of $401 million this month, completely reversing the net inflow of $354 million in April. Market sentiment has also continued to deteriorate due to the departure of core members from the Ethereum Foundation.David Hoffman, co-founder of Bankless, previously stated that he has sold his ETH holdings, believing that the narrative of "ETH as currency" has been fully priced in. The Web3 research institution House of Chimera indicated that the market is questioning the advantages of the Ethereum ecosystem in DeFi, RWA, and tokenization, and whether it can truly reflect back to the ETH token itself.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 23, down 3 points from yesterday. The average over the past 7 days is 27, and the average over the past 30 days is 34.

According to Crypto.news, Grayscale has submitted its Form 8-A12B for the spot Hyperliquid ETF to the U.S. Securities and Exchange Commission (SEC), which is the final registration step before listing on Nasdaq, and trading is expected to begin within 1 to 4 days.In addition, the ETF code is GHYP, and it has been renamed from "Grayscale HYPE ETF" to "Grayscale Hyperliquid Staking ETF," which is suspected to include new features allowing for staking.

According to a report by the Financial Associated Press, in response to the issue of "some banks in the Hong Kong region requiring a declaration to open investment accounts," the Hong Kong Monetary Authority (HKMA) responded today that the relevant regulatory requirements were issued to all recognized institutions on May 22.Materials provided by the HKMA indicate that registered institutions must take three additional measures when opening and managing investment accounts for mainland investors, including:Closing investment accounts opened using suspicious or forged documents, identifying customer investment accounts that have used suspicious or forged documents since January 2023 or during any other period specified by the HKMA; relevant documents include identification documents.Closing investment accounts with zero balance that have been inactive, specifically referring to investment accounts held by mainland investors that have had no asset balance as of May 22, 2026 (reference date), and have had no activity initiated by the customer in the 12 months prior to the reference date.When opening new investment accounts, obtaining a written declaration from the mainland investor confirming that all funds used to support investment activities and related settlements come from legal sources outside mainland China.Relevant documents show that the newly added additional regulatory measures apply only to investment accounts, including investment accounts within comprehensive bank accounts; non-investment functions (such as regular savings, time deposits, payments, loans, and credit cards) are not within the scope of these measures. Additionally, the applicable subjects of these additional measures are individual customers and do not apply to corporate or institutional clients.

According to Criptovaluta.it, Italy's Banca Sella has announced that it has completed the notification procedure to the Bank of Italy and will become the first bank in Italy to operate cryptocurrency business in compliance with the EU MiCA regulations. The bank plans to launch digital asset custody and transfer services to a specific client group by the end of 2026.Banca Sella is also one of the founding members of the Qivalis alliance, which currently brings together 37 European banks dedicated to launching a stablecoin pegged to the euro.

According to Coinglass data, the Coinbase Bitcoin premium index has been in negative premium for 6 consecutive days, currently reported at -0.1644%. The outflow of Bitcoin spot ETFs over several days highlights the weak purchasing power in the U.S. market.The Coinbase Bitcoin premium index is used to measure the difference between the Bitcoin price on Coinbase and the global market average price. A negative premium typically reflects significant selling pressure in the U.S. market, a decline in investor risk appetite, increased market risk aversion, or capital outflows.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 26, down 7 points from yesterday. The average over the past 7 days is 28, and the average over the past 30 days is 35.

According to CCTV News, the State Council Information Office held a series of themed press conferences on "Starting the 14th Five-Year Plan," introducing the situation regarding "Promoting Comprehensive Rule of Law." At the press conference, Liu Guixiang, a deputy-level full-time member of the Supreme People's Court Judicial Committee and a second-level chief judge, stated that in-depth research on new case adjudication rules for virtual currencies, cross-border finance, and other new types of cases should be conducted. Judicial interpretations regarding civil compensation related to insider trading and market manipulation should be formulated as soon as possible to ensure the stable operation of the capital market and effectively safeguard the legitimate rights and interests of small and medium-sized investors.In response to the new business formats of the digital economy, normative documents regarding judicial protection of artificial intelligence cases and data ownership should be researched and developed. The adjudication rules concerning data ownership, data transactions, AI generation, and other aspects should be improved to promote the deep integration of digital technology with the real economy, assist in perfecting the foundational institutional system for data elements, and promote the construction of an integrated data market that is open, shared, and secure.

The State Council Information Office held a series of themed press conferences titled "Starting Off the 14th Five-Year Plan," introducing the situation regarding "Promoting Comprehensive Rule of Law." Liu Guixiang, a deputy-level full-time member of the Judicial Committee of the Supreme People's Court and a second-level chief judge, stated that the Supreme Court will conduct in-depth research on the adjudication rules for new types of cases such as virtual currencies and cross-border finance, and will formulate judicial interpretations on civil compensation related to insider trading and market manipulation as soon as possible, to ensure the stable operation of the capital market and protect the legitimate rights and interests of small and medium-sized investors.In addition, he also mentioned that in response to the new business models of the digital economy, the Supreme Court will study and formulate normative documents regarding judicial protection of artificial intelligence cases and data property rights, improving the adjudication rules concerning data ownership, data transactions, and AI generation.

OpenSea announced the launch of the Ethereum open standard ERC-8257 (Agent Tool Registry), positioning it as the "app store for AI agent tools," allowing developers to register tools on-chain, declare access rules and pricing, and support AI agents in autonomously discovering, purchasing access rights, and invoking tools without human intervention.OpenSea stated that this standard is layered and combined with protocols such as ERC-8004 (Agent Identity), MCP (Tool Discovery), and x402 (Payment Protocol), collectively forming the operational infrastructure for AI agents on-chain. Currently, ERC-8257 is still in the draft stage, and OpenSea invites developers to participate in refining the specification.

According to CoinDesk, Coinbase's Ethereum Layer 2 network Base has launched an AI integration tool called Base MCP, which allows users' Base accounts to connect to AI clients such as ChatGPT, Claude, and Cursor. Users can complete transfers, token exchanges, check balances, view transaction records, and interact with DeFi applications through natural language.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 33, up 4 points from yesterday. The average over the past 7 days is 28, and the average over the past 30 days is 35.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 29, an increase of 3 points from yesterday. The average over the past 7 days is 27, and the average over the past 30 days is 35.

According to Decrypt, MoonPay has launched a dedicated app within the ChatGPT application, allowing users to purchase cryptocurrencies such as Bitcoin, XRP, Solana, and USDC directly within the OpenAI chatbot. Users can ask ChatGPT for cryptocurrency information and then request to purchase a specified amount, after which ChatGPT will generate a MoonPay checkout link. Users must complete the standard KYC process and connect their wallets.MoonPay's blockchain engineer stated that ChatGPT is becoming an entry point for financial research, and the cryptocurrency purchasing feature has been previously missing. This app is part of MoonPay's expansion into AI-driven cryptocurrency tools. Earlier this month, MoonPay also acquired the AI trading startup Dawn Labs and launched the trading assistant Dawn CLI. Arifin mentioned that chatbots like ChatGPT are becoming the new entry points to the internet.