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According to CoinDesk, major lobbying organizations in the U.S. cryptocurrency industry jointly sent a letter to the House Ways and Means Committee, urging the advancement of the "Tax Clarity for Mining and Staking Act," advocating for tax treatment options for cryptocurrency miners and staking income recipients. The bill was introduced by Republican Congressman Mike Carey, and its core content allows taxpayers to choose the timing of taxation when they receive new mining or staking assets—either paying taxes at the time the assets are generated or deferring taxes until the final sale.Industry associations, including the Blockchain Association, Digital Chamber, and Crypto Council for Innovation, have expressed support, arguing that the current tax system may force users participating in network security maintenance to bear tax burdens before they have realized the assets. Supporters claim that the proposal does not provide "indefinite deferral," but rather avoids immediate taxation on income that has not yet realized liquidity, thereby alleviating cash flow pressure on miners and validators.However, Democratic lawmakers and some external critics are concerned that this mechanism could be exploited by large mining companies for long-term tax deferral, especially in the context of some publicly listed or politically connected companies participating in mining operations, raising potential policy arbitrage disputes. Meanwhile, the industry's focus remains on the broader "Digital Asset Market Structure Act" (Clarity Act), but tax issues have become the second key battleground, expected to continue advancing in tandem with regulatory framework legislation in the coming weeks.

According to Protos, the decentralized lending protocol Goldfinch, led by a16z and aimed at serving the unbanked population in Africa, is in crisis.On-chain data shows that among the 8 borrowers in the project, 2 have officially defaulted, and 6 have entered debt restructuring, with total losses exceeding $18 million. Depositors are lamenting that "the $50 million has gone down the drain." Its native token GFI has fallen from a peak of $32.94 in January 2022 to below $0.07, a decline of 99.8%, and the project's market value has shrunk from a peak of $390 million to less than $6 million.Goldfinch had previously lent over $100 million to borrowers in 18 countries, including motorcycle rental companies in Kenya and salary advance platforms in Nigeria, but the core issue lies in the severe lack of off-chain credit verification, with borrowers frequently misappropriating funds and refusing to repay. As the default rate rises, the project has quietly abandoned its positioning in emerging markets in Africa, shifting towards institutional credit funds like Ares and Apollo, rendering its original vision of inclusive finance a mere facade.

According to Onchain Lens, monitoring by Onchain Lens shows that a certain whale withdrew 60,392 HYPE from Gate, worth approximately 4.18 million dollars. This whale currently holds 457,212 HYPE, worth approximately 31.36 million dollars.

According to Onchain Lens, a newly created wallet address withdrew 2,500 BTC from Binance, worth approximately $164 million.

NEAR officially announced the next major protocol upgrade SPICE (Separation of Consensus and Execution), which is a key step towards Nightshade 3. After the upgrade is completed, the NEAR block time will be reduced from the current 600 milliseconds to 200 milliseconds, achieving about a 3x speedup, approaching the maximum speed allowed by physical conditions. The core of SPICE is to decouple the consensus layer from the execution layer, allowing validators to complete block consensus without waiting for transaction execution, thereby reducing latency and supporting more complex, time-consuming transactions.NEAR stated that this upgrade will be the largest underlying architecture change since Stateless Validation in 2024. After the upgrade, the transaction experience of applications such as NEAR Intents and near.com will be further enhanced. Defuse Labs CEO Alex Shevchenko indicated that the final confirmation time for NEAR is expected to drop to about 0.4 seconds, faster than Visa's standard of about 3 seconds, achieving a payment experience close to "completed in the blink of an eye."NEAR also mentioned that faster block times are crucial for the AI Agent economy, enabling high-speed payments and complex transactions between agents, and allowing longer tasks to be executed across multiple blocks. Additionally, SPICE will pave the way for Nightshade 3 and lay the foundation for achieving cross-shard atomic execution in the future. The NEAR development team stated that this will help address the development complexity and potential vulnerabilities brought by asynchronous environments, improving network scalability and security.

According to on-chain analyst Yu Jin's statistics, a certain early whale has sold approximately 3.8 trillion SHIB in the past month, cashing out about 20.73 million USD.This address purchased 1.03 trillion SHIB in 2020 for 37.8 ETH (approximately 13.7 thousand USD) and was valued at about 9.1 billion USD at its peak in 2021. Despite SHIB dropping about 14.5% in the past month, this address currently still holds approximately 96.27 trillion SHIB, accounting for about 16.3% of the total supply, with a market value of about 457 million USD.

According to Techfundingnews, the medical AI startup Prosper AI announced the completion of a $30 million Series A funding round, led by Andreessen Horowitz (a16z), with participation from Base10 Partners, Emergence Capital, Y Combinator, and others. After this round of financing, the company has raised a total of approximately $36.6 million.Prosper AI focuses on covering the entire patient visit process through AI voice agents, including appointment scheduling, insurance verification, communication with insurance companies, and billing processing. It has currently served over 150,000 medical institutions. The company stated that the U.S. healthcare system wastes over $450 billion annually due to administrative processes, and its AI system can handle key processes from appointment to payment on a single platform, reducing the costs for medical institutions associated with switching between different systems.It was reported that Prosper AI's revenue has grown approximately five times since the last funding round in September of last year, and it has established partnerships with large healthcare IT platforms such as Athenahealth and ImagineSoftware. Investor a16z noted that healthcare institutions are shifting from "point automation tools" to "end-to-end process automation," and Prosper's goal is to eliminate all administrative friction between patient care and payment.

According to CoinDesk, JPMorgan's latest report indicates that as more miners operate close to breakeven, the Bitcoin mining network is showing a higher sensitivity to price changes, with the response of hash rate and mining difficulty to price fluctuations significantly enhanced. The analysis shows that the "elasticity coefficient" of mining difficulty relative to Bitcoin price changes has risen to 0.62 over the past six months, indicating that the hash rate is responding more quickly to market changes.Analysts state that Bitcoin prices have been below production costs for five consecutive months, with approximately 20% of miners currently in a loss-making position. Under profit pressure, publicly listed mining companies have increased their Bitcoin selling scale, with sales exceeding 32,000 BTC in the first quarter alone, surpassing the total for the entire year of 2025. As some high-cost mining machines shut down, the network hash rate declines, and mining difficulty adjusts accordingly.JPMorgan expects that as long as Bitcoin remains below the production cost of about $78,000, the high sensitivity of mining to price fluctuations will continue to exist. At the same time, some mining companies are turning to artificial intelligence and high-performance computing businesses to seek more stable sources of income.

According to Globenewswire, Nasdaq-listed Solana treasury company Upexi announced that it has signed a securities purchase agreement to sell approximately 12.2423 million shares of common stock (or equivalent pre-paid warrants) at an issue price of about $1.60 per share through a private placement, raising a total of $19.5 million. The new funds will be used to repay existing debt and continue to increase the strategic reserve of SOL assets.

According to the Iranian Tasnim News Agency, the Governor of the Central Bank of Iran, Hemmati, stated that there has been "significant progress" on the issue of unfreezing Iranian assets during recent negotiations, and relevant documents have been signed during this round of talks.Hemmati mentioned that the issue of frozen assets of the Central Bank of Iran is one of the most complex topics in the current negotiations. According to the relevant arrangements, in the coming days, the related funds will be gradually put into use based on established conditions and according to the procedures set by the Central Bank of Iran.When discussing the issue of oil and petrochemical product exports, Hemmati stated that, according to the memorandum of understanding reached between Iran and the United States, the sanctions exemption mechanism related to Iran's energy exports should have been activated. It has now been agreed that the U.S. Department of the Treasury's Office of Foreign Assets Control will be responsible for implementing the relevant arrangements.

According to official news, the "social wallet" project ANT.Fun announced the completion of approximately $5 million in strategic financing through the AntFun token, with investors including several Web3 institutions such as MH Ventures, Zerra Venture, Zuala Capital, X21 Digital, and Becker Ventures.The project is building a mobile application on the Solana public chain that integrates "social + Alpha trading," supporting voice discussions, opportunity discovery, and one-click trading. The team claims that its protocol has consistently ranked among the top ten in Solana's revenue, and will accelerate the development of social financial infrastructure, cross-community functions, and an artificial intelligence Alpha strategy discovery engine.

According to monitoring by Catcher Predict, in the "Leadership Change Before 2027" event on the prediction market Polymarket, the "Yes" option for the sub-market "Starmer - Prime Minister of the UK" has experienced significant fluctuations, rising from 28.5% an hour ago to the current 43.5% (a fluctuation of 15%). Please note the impact of relevant breaking news.

According to CoinDesk, the Ethereum research forum has released a new proposal introducing the "validator redirect revenue" mechanism, allowing validators to redirect 0% to 10% of staking rewards to fund ecosystem infrastructure and public goods. If a majority of validators support a certain percentage, that percentage will be enforced for all validators. Based on current staking levels, a redirect of 5% to 10% could bring approximately 50,000 to 70,000 ETH to the ecosystem each year, equivalent to about 120 million dollars.The proposal aims to address the long-standing "free-rider" problem in Ethereum, but it has also raised concerns about the risks of validators jointly manipulating the flow of funds and the misalignment of interests between staking operators and ETH holders. The proposal is currently still in the discussion phase and has not yet entered the formal voting process.

CryptoQuant analyst Darkfost pointed out that Bitcoin has fallen over 28% since May, testing the $60,000 mark again, with the Fear and Greed Index dropping below 10. Short-term holders (STH) have suffered the greatest impact during this adjustment, reacting most intensely, with inflows to Binance exceeding 80,000 BTC in 7 days, equivalent to about $5 billion in selling pressure. This figure is second only to the historical record in February (when inflows exceeded 100,000 BTC). Darkfost stated that short-term holders are highly sensitive to market fluctuations, and every fluctuation can easily trigger emotional decisions.

DeFi protocol Altura's CEO Ranveer Arora announced that due to "unprecedented" withdrawal requests over the weekend, the platform will orderly close its stablecoin yield vault. It is reported that within 24 hours prior to the announcement, Altura processed over 8.5 million USDT in instant redemptions.This wave of withdrawals was primarily influenced by market panic triggered by the severe de-pegging of another yield-bearing stablecoin, Main Street (msUSD). Although Altura officials clarified that they have no direct risk exposure to Main Street, concerns arose in the market because both projects share the same reserve proof service provider, Accountable. Currently, Altura has notified all counterparties and has begun to unwind its strategic funds in exchanges, private credit, and real-world assets (RWA) to ensure that all redemptions can be completed fairly and transparently. It is understood that the total locked value of the vault on HyperEVM once reached 39 million dollars.

According to the Daily Economic News, the Bank of Korea (central bank) is advancing its deposit token project, with a clear goal of full commercialization, rather than being limited to the pilot phase. The Korean banking industry has expressed concerns, pointing out that the subsequent phases—including supporting peer-to-peer transfers and expanding application scenarios—require processes equivalent to launching a new business, and has requested adjustments to the advancement timeline.According to a document submitted by the Bank of Korea Federation to the office of National Power Party member Lee Hyun-seung, the central bank and commercial banks are planning to conduct follow-up tests to lay the foundation for the formal introduction and widespread application of deposit tokens, aiming to achieve uninterrupted continuous operation.

According to foreign media reports, the board of ByteDance reached a consensus in early May 2026 to postpone its initial public offering (IPO) plan. Founder Zhang Yiming believes there is still room for valuation growth, and going public at this stage would transfer too many benefits to late-stage risk-free investors.Currently, the trading valuation of ByteDance in the over-the-counter gray market has exceeded $600 billion. A senior technology investment banker at Bank of America stated that the company's market value is expected to approach $1 trillion, setting a new industry benchmark.Policy and geopolitical risks have eased somewhat. In early 2026, Oracle Corporation reached an agreement with an investor consortium to jointly acquire 80% of TikTok's U.S. entity, effectively clearing most related regulatory pressures.In terms of AI business, the Doubao APP, as the largest chat assistant by user scale in the country, is adding paid tiers on top of its free service.

According to CryptoSlate, the Independent Community Bankers of America (ICBA) sent a letter to the Federal Reserve Bank of Kansas City, requesting a reassessment of Kraken Financial's compliance before the renewal of its one-year limited-purpose account, and to consider additional measures such as restrictions, suspension, non-renewal, or termination.

Bitget announced an upgrade to its CFD copy trading feature, adding two new position following modes and independent risk control settings, upgrading copy trading from "simple strategy copying" to "personalized risk management." Users can establish a foundational defense that aligns with their own risk preferences while referencing professional strategies.In terms of position management, two new modes have been added: "fixed ratio copy trading" and "fixed lot copy trading." In the fixed ratio mode, the system intelligently calculates positions based on the user's capital ratio with the lead trader, achieving synchronized risk ratios; in the fixed lot mode, users can set a fixed opening amount for each trade (e.g., 0.01 lots).Regarding risk control, this upgrade introduces independent take profit and stop loss settings. Users can set take profit and stop loss amounts separately for their accounts while following any trader. Even if the lead trader is still holding the position, the system automatically executes the stop loss. Additionally, a "maximum copy trading lot limit per trade" has been added to prevent excessively large positions from being opened due to high account net worth.