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According to Huma Finance's official disclosure, its old V1 contract on Polygon was exploited, resulting in approximately 101,400 USDC being transferred out. The project team stated that this incident did not affect user fund security, and Huma Finance PST was not impacted. Its V2 system on Solana is a completely restructured version and is not affected by the vulnerability.Huma stated that the team had previously been working on gradually phasing out the V1 liquidity pool, and has now fully suspended all V1 related contracts, and will continue to handle the subsequent wrap-up work.

According to CoinDesk, CoinShares data shows that last week, cryptocurrency funds saw a net inflow of $858 million, marking the fifth consecutive week of inflows and the largest single-week inflow since the end of April. Among them, Bitcoin funds attracted over $700 million in a single week, with a total inflow of $4.9 billion this year, indicating that institutional investors' demand for the cryptocurrency market continues to rise. Market analysts believe that expectations related to the Clarity Act have improved institutional sentiment.Currently, the BTC price remains above $80,000, and the market is focused on whether it can effectively break through the 200-day moving average located around $82,000. Marex analysts pointed out that if Bitcoin closes above $82,000 on a daily basis, accompanied by stable spot buying, it may initiate a new round of upward momentum.In terms of altcoins, SUI rose 12% in 24 hours to $1.26. Adeniyi Abiodun, co-founder of Mysten Labs, revealed that Sui plans to launch a confidential transaction feature this year to support fee-free privacy payments.In addition, Nasdaq-listed Sui Group Holdings (SUIG) previously announced that it has staked most of its SUI reserves, equivalent to a reduction of about 2.7% of the market circulation supply.

According to the official announcement, Gate Live has officially launched the "Private Mode Live Room" feature, providing a higher level of access control and content security for live streaming scenarios. This feature is now available on the web and is also supported in App version v8.18.0, currently open to all streamers. Streamers can flexibly set keys according to their needs, ensuring that only specific user groups (such as core fans, VIP users, or paying users) can watch live broadcasts, previews, and replay content after entering the key.This feature also brings more flexible marketing scenarios, allowing streamers to conduct various operational attempts such as lotteries, internal sharing sessions, or exclusive events through targeted key distribution, achieving more precise reach and higher conversion efficiency. For users, entering the live room with a key allows them to access higher quality and more targeted content.The Private Mode Live Room not only effectively prevents content from being accessed by non-target users but also makes live interaction more focused, helping to improve overall communication quality and participation experience. This mode can also enhance fans' sense of identity and participation, contributing to increased loyalty and stickiness. The launch of the Private Mode Live Room is an important step for Gate in continuously optimizing the content ecosystem and user experience. In the future, Gate will continue to expand more functional capabilities around live streaming scenarios, helping creators and users establish higher quality and more valuable connections.

Moomoo, an overseas brand under Futu, has obtained a compliance license for predictive markets issued by U.S. regulatory authorities, becoming one of the first online brokers to offer event contract trading services to retail users in the United States. According to the disclosure, Moomoo plans to launch related services for U.S. users soon, covering areas such as sports events, economics, politics, and culture.Event contracts are financial derivatives designed around the outcomes of specific events, allowing users to trade on whether an event "will occur" and settle after the results are determined. Moomoo stated that the related products will comply with the regulatory framework of the U.S. Commodity Futures Trading Commission (CFTC).

According to market news, the Korean National Tax Service is building an AI system costing about $2.2 million to track cryptocurrency transactions and crack down on tax evaders, expected to be completed by the end of 2026.The system will integrate exchange trading records with blockchain data to identify suspicious transactions such as money laundering, unreported gifts, and offshore tax evasion, and will expand its tracking scope to non-custodial wallets. The National Tax Service is coordinating implementation details with five major exchanges, including Upbit and Bithumb, with the final tax guidelines expected to be released by the end of 2026.A survey by the Financial Services Commission of South Korea shows that the country has verified over 11 million cryptocurrency investors, but the growth rate has significantly slowed, with the growth rate of tradable accounts dropping from 25% in the first half of 2024 to 3% in the second half. The South Korean government has confirmed that it will impose a 22% tax on cryptocurrency asset gains starting January 1, 2027, with taxes due on the portion of annual gains exceeding approximately $1,800. This tax has been postponed twice from its original schedule in 2025.

The metal market is experiencing increased volatility, with a divergence in the trends of gold and silver. According to data from the Gate platform, silver (XAG) reached a high of $81.72 in the past 24 hours and is currently reported at $80.90, with a 24-hour increase of approximately 0.37%; gold (XAU) reached a high of $4,733.70 in the past 24 hours and is currently reported at $4,687.53, with prices retreating from their peak.According to CoinGlass data, the performance of metal contract positions on the Gate platform is impressive. Specifically, the 24-hour contract position for silver (XAG) is approximately $68.93 million, ranking among the top globally; the 24-hour contract position for gold (XAU) is approximately $88.82 million, also ranking among the industry leaders. As market volatility expands, funds continue to flow into the precious metals sector, further driving the growth of platform positions.Gate has pioneered the metal contract trading sector, offering 24/7 uninterrupted trading to provide users with greater strategic flexibility and asset management efficiency during volatile market conditions. Gate contracts cover various traditional financial assets, including stocks, metals, foreign exchange, indices, and commodities, supporting trading in core assets such as gold, silver, and globally popular stocks. Gate continues to build a more efficient and professional multi-asset one-stop trading platform for global users.

The Financial Security Institute of South Korea announced that it will promote three key tasks around digital asset services, including the development of smart contract verification tools, the establishment of a smart contract verification system, and the cultivation of professional talent in digital assets.It will develop dedicated security verification tools that can automatically detect major vulnerabilities such as reentrancy attacks, access control errors, and collateral verification omissions, targeting scenarios like token securities and stablecoins, and continuously update detection rules in conjunction with the South Korean financial regulatory environment. Meanwhile, the agency will also release the "Smart Contract Security Guidelines," covering the entire process of development, deployment, and operation, and enhance the digital asset security capabilities of financial institutions through seminars, collaborative networks, and other means.

The cryptocurrency trading platform SuperEx announced the launch of the LITEUSDT U-based perpetual contract trading pair on May 11 at 11:00 Beijing time (03:00 UTC).It is reported that this contract trading pair supports full position, isolated position, and split position modes, allowing users to experience trading through SuperEx's web and app platforms.

According to on-chain analysts, an Amber Group associated address (0xDDb26...E7E3d) withdrew 340,000 LAB from the Binance wallet, worth 1.74 million dollars, and then deposited it into Gate.LAB has risen 611% since May, currently priced at 4.74 dollars, recovering the decline after the Zach bounty investigation.

Strategy founder Michael Saylor has once again released information related to the Bitcoin Tracker.According to previous patterns, Strategy always discloses information about increasing Bitcoin holdings on the day after relevant news is released.

According to Crypto.news, the New South Wales police in Australia seized 52.3 bitcoins, worth approximately 5.7 million Australian dollars (4.1 million US dollars), in a law enforcement operation targeting the dark web market, making it one of the largest dark web cryptocurrency seizures in the country.This operation is part of the Strike Force Andalusia investigation that began in September 2024 and lasted 15 months. The police tracked a large bitcoin wallet holding proceeds from the dark web market, ultimately identifying two male suspects, aged 39 and 41, who are accused of supplying prohibited drugs and transferring over 100,000 Australian dollars in dark web-related cryptocurrency.

According to Globenewswire, NASDAQ-listed company IREN announced its latest financial report and disclosed that it has signed an AI cloud contract with NVIDIA worth $3.4 billion. IREN will deploy air-cooled Blackwell GPU infrastructure for NVIDIA, with a contract duration of 5 years.The financial report also showed that IREN is accelerating its transition from Bitcoin mining to AI cloud business, with the construction of data centers related to the $9.7 billion contract with Microsoft progressing. As of April 30, IREN held $2.6 billion in cash, and its revenue for the third quarter of fiscal year 2026 was $144.8 million, down from $184.7 million in the previous quarter, with a net loss of $247.8 million impacted by non-cash impairment related to the elimination of mining machines.

The Web3 asset data platform RootData has organized the 153 partners and ecosystem participants of Ondo Finance, covering multiple key areas such as TradFi, public chains, custody, DeFi, exchanges, wallets, cross-chain bridges, payments, and service providers. This list fully demonstrates how Ondo has completed the transition from a single government bond yield product to an RWA infrastructure platform within three years, with its TVL growing from approximately $534 million in 2024 to over $3 billion in 2026, capturing about 58%-80% of the tokenized stock market. In the traditional finance layer, institutions such as BlackRock, Franklin Templeton, Fidelity Investments, Goldman Sachs, JPMorgan Chase, Mastercard, and PayPal are prominently featured, indicating that Ondo is no longer just serving traditional finance clients but is also undertaking the complex compliance packaging, on-chain issuance, and settlement capabilities involved in the tokenization process, effectively becoming Wall Street's on-chain asset "outsourcer." In the custody and institutional funding layer, the inclusion of leading custodians like Anchorage Digital, BitGo, Fireblocks, and Cobo signifies that Ondo has obtained the most critical entry permissions for institutional funds. In the on-chain liquidity layer, 15 public chains including Ethereum, Solana, Sui, and Aptos, along with DeFi protocols such as Pendle, Morpho, Curve, 1inch, and Euler, collectively form its liquidity network. Essentially, Ondo is transforming traditional finance's "static assets" into on-chain tradable, collateralizable, and composable assets. In the trading and payment distribution layer, the large-scale integration of Ripple, exchanges, wallets, and payment service providers indicates that Ondo has expanded from merely "selling yield products" to further extending into trading, clearing, and payment processes, attempting to master the complete circulation path of RWA. Related compilation: 【Ondo Finance Web3 Partner Network Compilation (Continuously Updated)】 Cryptocurrency projects actively showcasing their partner networks have become a key way to enhance transparency and market trust. It is reported that RootData welcomes Web3 projects to claim their information and continues to track and open more project business relationship disclosure channels. The platform has continuously released multiple editions of cryptocurrency project ecosystem maps, nominating Web3 ecosystem partners serving upstream clients like Visa, Mastercard, and Coinbase. If you wish to nominate your project in future ecosystem maps, please fill out the 【RootData 2026 Industry Ecosystem Mapping】 form to supplement your important clients and partners.

According to monitoring by Hyperinsight, ZEC surged again this morning, with the price on Hyperliquid currently reported at $618, a 24-hour increase of 8%. The biggest beneficiary of this round of market activity is on-chain trader Loracle, whose long position has continued to expand with the market, reaching a floating profit of $7.7 million as of the time of writing.It is reported that this position was opened on April 24 with 10x leverage, when the price of ZEC was only around $340. Since then, the position has been continuously rolled over and increased, with the long position gradually pushed up to $20.7 million, at an average price of $387, making it the largest long position on-chain for ZEC, with no profit-taking yet.

CryptoQuant analyst Darkfost tweeted that the Bitcoin market is still dominated by the futures market, with the recent bullish momentum mainly coming from investors gradually returning to the derivatives market. Although the funding rate has remained negative for several weeks, the open interest in Bitcoin has recorded its largest increase since 2026, surpassing the increase during the historical peak period of 2025.Darkfost pointed out that while this reflects a slow return of market optimism, it has also led to a more fragile market structure, where high leverage positions can easily amplify volatility and liquidation risks.

Global leading cryptocurrency asset trading platform Gate announced that it will hold the "Gate x Inter XIII: Champion's Circle" offline event in Milan on May 21.This event coincides with Inter Milan Football Club securing the championship three rounds early in the 2025-26 Serie A season, successfully winning the club's 21st league trophy, while Gate also celebrates its thirteenth anniversary. As the official sleeve sponsor of Inter Milan, Gate witnesses the championship moment alongside the team, with its brand influence continuously rising in both the sports and Web3 industries.During this event, Gate will invite participants to the Inter Milan headquarters to closely view the trophy that symbolizes championship glory and experience the history and culture of a top-tier club. Legendary Inter Milan players will appear to share behind-the-scenes stories from the pitch and locker room, and there will be opportunities for photos and autograph interactions.At the same time, Gate's CMO will engage in a community development dialogue with Inter Milan executives, discussing topics such as global user growth, brand culture, and community operations. The event will also include a tasting session for the limited edition Gate x Inter Milan co-branded pizza. After the event, Gate will publicly release the co-branded pizza recipe to further extend community interaction and festive atmosphere.In addition, Gate's compliance progress in Europe is continuously advancing, with its Malta company Gate Technology Ltd having obtained European MiCA and PI licenses under the supervision of the Malta Financial Services Authority (MFSA), further strengthening its global compliance layout. Leveraging top-tier sports IP and the popularity of international events, Gate will continue to expand the boundaries of connection with mainstream culture.

With the official implementation of cryptocurrency regulatory reforms in Australia, the Australian Transaction Reports and Analysis Centre (AUSTRAC) announced today the launch of two supervisory actions targeting the virtual asset industry.AUSTRAC stated on social media that it is engaging with dozens of cryptocurrency companies and trading platforms, focusing on how they manage anti-money laundering and counter-terrorism financing (AML/CTF) risks and preparing for the upcoming reforms. This supervisory action primarily targets over-the-counter (OTC) operators and local trading platforms. The new laws have expanded the regulatory scope to include custodial and brokerage services. This reform marks a further improvement in Australia's regulatory framework for the cryptocurrency industry, aiming to enhance industry compliance standards and mitigate financial crime risks.

Bitget has launched the 5th phase of the contract VIP "Ten Million Club" event, with the event snapshot rule being "cumulative achievement in natural month + end-of-month status confirmation." The platform will gift gold gift boxes based on account data from May 31, according to the user's contract trading volume or daily average new asset amount from May 1 to May 31. Rewards include physical gifts such as gold bars from Chow Tai Fook, solid gold ornaments from Zhou Dasheng, and gold bracelets from Lao Miao.Previously, Bitget announced an upgrade to its contract VIP service system and launched the "Ten Million Club" program, where eligible users can receive customized high-end physical gift boxes from the platform monthly. This program runs from January to June 2026, and gifts such as Moutai, Hermès, and Apple flagship gift boxes have already been given to users. Specific rights are subject to announcement in the current month; for more details, please check the official Bitget platform.

OKX will officially launch the DRAM/USDT perpetual contract on May 8, 2026, at 17:00, the LITE/USDT contract will go live at 17:15, and the GME/USDT contract will launch at 17:30. Contract trading will support 24/7 trading, with USDT as the settlement currency.