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According to the official announcement, the Bitget IPO Prime Phase II project preOPAI is now open for subscription, with the investment period ending on May 15 at 16:00 (UTC+8). The token distribution phase will take place from May 15 at 16:00 to 20:00 (UTC+8); spot trading will begin on May 15 at 22:00 (UTC+8). Project details are as follows:• OpenAI implied valuation: $898.21 billion• Total subscription amount for IPO Prime: 29,082• Total subscription value: $21,084,450• Subscription price: 1 preOPAI = $725• Investment currencies: USDT or USDGO• Total investment pool cap: $300,000,000• Individual investment range: $100 - $600,000• Distribution schedule: 30% released on May 15, 30% released on June 15, 40% released on July 15

On May 12, the U.S. Senate Banking Committee released the latest 309-page draft of the CLARITY Act, but Section 404 of the draft stipulates that it prohibits rewards "solely for holding" stablecoins.Specifically, no regulated entity may directly or indirectly pay any form of interest or yield (whether cash, tokens, or other consideration) to a restricted payee solely because the restricted payee holds its stablecoins, or pay stablecoin balance rewards in a manner economically or functionally equivalent to paying interest or yield on bank deposits.However, the latest draft also stipulates that rewards and incentives for stablecoins based on real activities or transactions are allowed, such as rewards linked to actual transactions, payments, platform activities, liquidity provision, etc.

DAPPOS officially launched the universal Agent product xBubble. This product is mainly aimed at users without a technical background, with the core advantage of delivering stable productivity results with fewer prompts, conversation rounds, and debugging times.According to reports, xBubble will automatically recommend dedicated Agents to complete users' tasks and will pre-generate these dedicated Agents using its self-developed Bubble Engine. Compared to universal Agents, these dedicated Agents have more stable performance for specific tasks and can complete tasks stably with minimal input.In terms of functionality, the product offers 10+ core capabilities upon launch, covering mainstream AI product features such as image, video, document, and website creation, and supports both local and cloud-based operation.DAPPOS's official blog stated that AI has the ability to effectively use AI on its own, and with xBubble, users can effectively use AI without needing to learn about it.

According to Cointelegraph, the U.S. Department of Justice disclosed that Elijah Armstrong, Nino Chindavanh, and Jayden Rucker have been charged with home invasion and kidnapping targeting cryptocurrency holders in the San Francisco and Los Angeles areas, involving at least $6.5 million.Prosecutors stated that the three pretended to be delivery personnel to forcibly enter residences and threatened victims with violence to hand over their cryptocurrency wallet recovery phrases. The indictment shows that between November 22 and December 31, 2025, at least four individuals were targeted, with one victim being forced to transfer $6.5 million worth of cryptocurrency.

As the first CEX platform to connect with Polymarket, Gate's data shows that the overall market expectation for the "WTI Crude Oil May Price" related prediction event remains strong. Among them, the probability of WTI crude oil prices exceeding $110 is 51%, the probability of exceeding $105 is 67%, and the probability of exceeding $100 is as high as 94%. Overall, the market maintains an optimistic outlook on the short-term trend of oil prices, with funding expectations continuously leaning towards an upward direction.Gate's performance in the Polymarket partnership channel continues to lead, currently securing a spot in the top three, with a significant increase in user participation scale, reflecting the growing activity and engagement depth of platform users in the prediction market. Users can directly access the prediction market through the Gate App, entering the Polymarket page from the platform's homepage Alpha, and participate in event predictions using USDT in their exchange accounts. This integration marks a key step for Gate in merging the crypto trading ecosystem with the prediction market, providing users with a diversified market experience from expectation judgment to trading participation.In addition, Gate will launch the "Polymarket 100 USDT Battle God Challenge" social media event from May 11, 15:00 to May 20, 15:00 (UTC+8), where users can participate in prediction market trading with a maximum of 100 USDT and compete for the earnings leaderboard and quality content creator rewards by sharing profit reports, trading strategies, and review content. The total prize pool of the event includes 66 content reward slots and a 1,000 USDT Battle God earnings prize pool.

ZachXBT posted on platform X, revealing that crypto KOL and former Fortnite professional player Yelo has been charged with money laundering for threat actors through his luxury car rental business in Miami, facing up to 30 years in prison.

According to The Block, the U.S. Senate Banking Committee has released an updated 309-page text of the Clarity Act, which is set to be reviewed and voted on later this week. The new text includes language related to restrictions on stablecoin rewards, as well as provisions from the Blockchain Regulatory Certainty Act, clarifying that non-custodial developers do not fall under the category of money transmitters. Coinbase, which previously withdrew its support due to controversies over the stablecoin rewards provisions, has now shifted to support, but banking groups still believe the restrictions are insufficient.Meanwhile, the bill still does not include ethical constraints regarding profits from digital assets for the president and other federal officials. Democrats have stated that without relevant compromises, the bill will struggle to gain support.

According to token unlock data from the Crypto asset data platform RootData, Quai Network (QUAI) will unlock approximately 43.02 million tokens at 21:00 Beijing time on May 19, worth about 1.2 million USD.

According to token unlocking data from the Crypto asset data platform RootData, zkPass (ZKP) will unlock approximately 16.62 million tokens at 11:00 AM Beijing time on May 19, worth about 1.39 million USD.

According to token unlocking data from the Crypto asset data platform RootData, RateX (RTX) will unlock approximately 1.23 million tokens at 9:00 AM Beijing time on May 19, worth about 1.71 million USD.

According to a report by the Korea Herald, data obtained by South Korean National Power Party member Kang Min-guk from the Financial Supervisory Service shows that as of May 4, a total of 15 virtual asset service providers have ceased operations in South Korea, affecting approximately 1.949 million users, with frozen assets amounting to 22.1 billion won (14.87 million USD). Among them, only 6 operators have transferred user assets to the Digital Asset Protection Foundation, involving 1.92 million users and assets of about 2.36 billion won (1.59 million USD). Only 131 users have recovered their assets through the foundation, accounting for 0.006% of all users, with returned assets of about 74.52 million won (50,000 USD), which is only 0.3% of the total assets.Member Kang pointed out that current laws do not require service providers to transfer user assets to the foundation when ceasing operations, lacking legal enforcement mechanisms, and the foundation has not actively promoted the asset recovery application process. He urged the Financial Supervisory Service to expedite the advancement of the second phase of legislation to strengthen user protection mechanisms.

According to Token Terminal data, the tokenized platform xStocks has surpassed a total market capitalization of 100 million USD on Ethereum, growing by approximately 1000% year-to-date, primarily driven by STRCx.In addition, the asset market capitalization of xStocks on the BNB Chain has separately exceeded 30 million USD, mainly consisting of tokenized commodities such as copper, silver, platinum, and palladium.

The Ethereum Foundation has appointed three new co-leads, Will Corcoran, Kev Wedderburn, and Fredrik, to lead the main protocol cluster. The team handover work is now fully underway. The focus for the future is to release Glamsterdam, continue preparations for Hegotà, and advance Strawmap.

Telegram founder Pavel Durov announced on the X platform that TON has launched a unified smart contract toolchain called Acton. The new toolchain increases TON's development efficiency by 10 times, making the creation, testing, and deployment of smart contracts more convenient, and it is fully prepared for AI. This toolchain replaces TON's previous scattered tool stack, unifying it into a single development process.According to the introduction, Acton is an integrated command-line tool built around the Tolk language, covering the entire process of project creation, testing, debugging, dApp integration, deployment, and verification.

Fluid released a recap of the Resolv incident, stating that on March 22, Resolv was compromised due to an attack on its signature infrastructure, resulting in the malicious issuance of approximately $80 million in unsecured USR. Fluid faced a risk exposure of about $100 million, leading to approximately $21 million in bad debt. The final plan is as follows: Resolv will bear about $9.7 million, the Fluid governance treasury will bear $8.2 million, the team will bear $1.5 million, and the remaining USR within the protocol has been destroyed by Resolv at the contract level.Fluid stated that its smart contracts were not breached, all user funds are safe, and the protocol maintains full solvency. In addition, Fluid has upgraded its oracle and pricing risk control systems and will suspend buybacks, significantly reduce, or eliminate FLUID incentives.

According to on-chain analyst Yu Jin's monitoring, the Ondo project's multi-signature address transferred 150 million ONDO (63.88 million USD) 7 hours ago, of which 21.338 million ONDO (9.15 million USD) was transferred into Coinbase and Bybit 1 hour ago.

According to official news, based on the update from the Arbitrum DAO proposal, a judgment creditor in an unrelated case served a restraining order to Arbitrum DAO regarding the ETH frozen after the rsETH incident. A few days later, Aave LLC filed an emergency motion to vacate. The court modified the restraining order, allowing for on-chain Arbitrum voting and transferring the frozen ETH to Aave LLC.After the transfer, the restraining order will attach to Aave LLC. The revised constitutional AIP retains the asset recovery intent approved by Arbitrum DAO, and ETH will still be used for the recovery of the rsETH incident. Aave LLC will comply with all court obligations during the litigation process.

According to official news, MARA's revenue in the first quarter was $174.6 million, a year-on-year decrease of 18%, with a net loss of $1.3 billion, mainly affected by the unrealized loss of 38,689 bitcoins on the balance sheet. MARA sold approximately $1.1 billion in bitcoins during the quarter to pay off debt and improve liquidity.The company stated that bitcoin mining remains the cornerstone of its operations, but it is shifting its business towards AI and digital infrastructure, and it does not expect to make large-scale ASIC miner purchases in the future. Currently, its hash rate has expanded to 72.2 EH/s, and it mined a total of 2,247 bitcoins during the quarter.

According to Jinshi reports, CME's "Fed Watch" shows that the probability of the Federal Reserve keeping interest rates unchanged until June is 97.7%, and the probability of a cumulative rate cut of 25 basis points is 2.3%. By July, the probability of keeping interest rates unchanged is 94.6%, the probability of a cumulative rate cut of 25 basis points is 5.4%, and the probability of a rate cut of 50 basis points is 0.1%.

The Ethereum Foundation disclosed the results of a recent interoperability meeting held by core developers in the Svalbard archipelago of Norway and updated the key technical progress for the next phase upgrade, Glamsterdam. During the meeting, multiple client teams collaborated on network scalability and execution layer optimization, making progress in several directions. Developers confirmed that based on the comprehensive results of ePBS, BAL optimization, and the EIP-8037 repricing mechanism, a consensus has been reached on the "trusted path" following Glamsterdam.In terms of the execution layer, ePBS (external proposer separation architecture) has been stably running in the multi-client Glamsterdam-devnet, with the external block builder process completing end-to-end testing, covering almost all client implementations. Meanwhile, EIP-8037 has completed its final draft, establishing the fixed cost_per_state_byte model, and has produced complete repricing parameters in bal-devnet-6. The scalability direction Hegotá has also made progress. The FOCIL-related prototype has a runnable implementation, and the scope of account abstraction (AA) requirements has been defined, with the next phase entering the multi-client development network validation stage.Current development focus remains on the final implementation of Glamsterdam while advancing the Hegotá expansion design and subsequent Strawmap route evolution. The development network is online, and features like FOCIL are expected to continue deepening in the next phase of testing. At the organizational level, this interop meeting also marks the formal initiation of leadership structure adjustments within the Protocol Cluster. The new leaders include Will Corcoran, Kev Wedderburn, and Fredrik. Will Corcoran is responsible for zkVM proof and post-quantum consensus coordination, Kev Wedderburn leads zkEVM development, and Fredrik is in charge of protocol security and the Trillion Dollar Security project.Original Protocol Cluster leadership team members Barnabé Monnot and Tim Beiko will gradually step back from management roles, while Alex Stokes enters a leave period. The foundation stated that during its term, the Protocol has completed modular advancement and facilitated the launch of the Fusaka upgrade (December 2025), introduced PeerDAS, and enhanced mainnet gas capacity.