experience

Sui posted, "The Sui mainnet is currently experiencing network stagnation, and current network activity may have been paused. The Sui Core team is actively investigating the issue. Updates and event reviews will be shared as soon as they are available."Earlier, Sui's official update this morning stated that Sui mainnet activity has returned to normal. The network had previously gone down due to a crash bug caused by the Gas billing logic introduced in version 1.72.

According to CoinDesk, around 11 PM Beijing time on May 28, the SPACEX-USDH perpetual contract on Hyperliquid plummeted from $2,277 to a low of $1,254 within 30 minutes, a drop of nearly 45%, and then partially rebounded to $2,157.This flash crash resulted in the liquidation of 1,393 positions held by 405 users, with a nominal value loss of $1.51 million. The median margin of the liquidated positions was only $31, indicating a predominance of retail investors. This contract is a synthetic perpetual contract for SpaceX's market valuation, as SpaceX is not yet publicly listed and has no publicly available price benchmark, trading only on a private secondary market aimed at qualified investors. The trading volume of this contract in the past 24 hours was only $5.01 million, with an open interest of less than $2.9 million, and the market depth was insufficient to absorb large sell orders. SpaceX plans to conduct an IPO in June.

According to AdaStat data, the Cardano Developer Experience Initiative has been officially approved through treasury voting. The proposal for treasury withdrawal requests related to developer tools and onboarding received 67.90% of the votes in favor, with approximately 3.72 billion ADA voting in support, while the opposition accounted for about 1.76 billion ADA, resulting in an opposition rate of 32.10%.The proposal is supported by IO Global, and following the approval of the vote, the related ecological development work will officially advance. This governance vote coincides with Cardano founder Charles Hoskinson publicly focusing on advancing ADA and the privacy blockchain platform Midnight.

BIT released today's chart stating that the key to market analysis often lies in identifying the core factors driving asset price movements and observing when these factors begin to change.In the case of Bitcoin, the recent sustained rise has largely depended on the interplay between institutional demand and the market's available supply. Over the past year, spot Bitcoin ETFs and Strategy (formerly MicroStrategy) have been significant sources of this demand. When ETF inflows accelerate and Strategy continues to accumulate Bitcoin, the price of Bitcoin typically continues to rise.Currently, the total net buying amount of ETFs and Strategy has dropped to only $870 million, primarily due to significant outflows from ETFs, shifting from net buying to net selling. Before ETF inflows stabilize and rebound, Bitcoin may continue to primarily experience consolidation in the short term.

According to the official announcement, Huobi Leverage officially launched the 1U opening feature on May 20, and from now until May 31 at 23:59 (UTC+8), three exclusive activities will be simultaneously opened. Users who complete their first one-click opening and leverage trading tasks can share a total prize pool of over 40,000 USDT.1U opening is a minimalist opening experience designed by Huobi HTX for new leverage users. With a principal of 1 USDT, users can leverage a position of 10 USDT, with interest-free borrowing. Any losses on the first order will be fully compensated by Huobi HTX, allowing new users to participate without any leverage experience.

The brand new version of ChainCatcher's official website is officially launched, with a comprehensive optimization of the homepage information structure. Through clearer content categorization, more reasonable interaction hierarchy, and more intuitive display methods, high-value content can be quickly accessed on the first screen, helping users more efficiently complete information filtering, market judgment, and decision-making.The new official website has simultaneously launched or upgraded several core functions: the homepage has added a panoramic data panel that aggregates macro funds, exchange dynamics, and mainstream Token market trends, helping users quickly establish a macro understanding of the market; in-depth articles are integrated with AI intelligent summarization, significantly reducing the reading cost of long articles; the "Selected Events" calendar has been fully upgraded, supporting large token unlocks and tracking important macro events, assisting users in grasping key nodes in advance.Welcome to experience the new version of ChainCatcher and enjoy a more efficient and clearer information acquisition experience.

The OpenAI official status page shows that OpenAI is investigating multiple service outages, with the Codex 5.5 engine experiencing a high error rate, particularly affecting free users. All Codex users have also seen an increase in latency for gpt 5.5.In addition, the Realtime API's SIP/WebRTC process has experienced interruptions, which has been officially marked as "under investigation," and the related issues have persisted for several hours. The official website notes that the impact of the outage varies depending on subscription level and the models and features used.

Glassnode released data on platform X indicating that the unrealized losses of Bitcoin long-term holders (LTH) reached about 15% at the beginning of April. Compared to the historical depths of bear market cycles where this metric exceeded 75%, the impact of this market correction on long-term holders is significantly lighter.Analysis points out that although the recent price pullback has resulted in some paper losses, the overall pressure remains far below historical cycle lows, indicating that the current decline has not yet posed a substantial test to the beliefs of long-term holders. Structurally, this adjustment leans more towards mid-term fluctuations rather than a complete cyclical capitulation.

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.

Coinbase experienced service interruptions due to rising temperatures at the AWS US-EAST-1 data center. Trading will first resume in "cancel only" mode, with full trading recovery coming soon.

Bitget officially announces the launch of the global community event "Fan Story Collection." From now until May 20, users can post images or videos on platforms such as X, Telegram, Reddit, LinkedIn, or Discord to share their real experiences using Bitget and their panoramic trading feelings with UEX. The content must include the hashtag #BitgetFanStory and be submitted through the official form to participate in the event. Participants can use AI tools to assist in image generation or video editing, and submissions should be based on real experiences.This event aims to showcase the growth journey of users on the Bitget platform, covering diverse groups such as early participants, long-term traders, and community contributors. The prize pool uses a dynamic growth mechanism, expanding the prize pool every time 500 new participants join, with a maximum limit of 100,000 USDT. All winners will also receive exclusive merchandise from the Bitget Fan Club.

According to a report by the analysis firm Kaiko on Monday, the open interest, funding rates, and on-chain trading patterns in the perpetual contract market indicate that some traders may have positioned themselves ahead of the announcement of the Robinhood cryptocurrency listing. The report highlights the most obvious case of wallet address 0xa1E, which opened a long position in Lighter (LIT) on Hyperliquid at 11:05 AM on January 15, about an hour before Robinhood announced the listing of the token, and this wallet subsequently closed the position after the announcement.The same address also opened a short position in HOOD a few hours before Robinhood reported lower-than-expected first-quarter revenue on April 28. Several tokens, including ZEC, SNX, and NEAR, experienced abnormal spikes in open interest and funding rates, as well as price drift, before their listing announcements. Researcher Fraussen told Cointelegraph that traders who understand microstructure may have noticed public signals such as rising funding rates and increased trading volume and positioned themselves accordingly, but this type of positioning is statistically consistent and has repeatedly occurred across multiple events, reflecting privileged access to Robinhood's listing pipeline or a highly reliable front-running method based on public signals.

According to official news, B.AI officially completed the full integration and deployment of the next-generation large models GPT-5.5 and Claude Opus 4.7 on May 1. Developers and users can directly experience these two industry-leading models through https://chat.b.ai/chat. GPT-5.5 has achieved significant advancements in reasoning ability, contextual understanding, and multimodal interaction, while Claude Opus 4.7 excels particularly in code generation, logical alignment, and complex task execution. This model upgrade aims to continuously provide cutting-edge AI computing power support for users within the ecosystem, lower the threshold for developers to access top models, and ensure higher response speed and stability.

In less than three weeks, 12 agreements were stolen for over $606 million. Among them, the Drift incident resulted in a loss of $285 million, and Kelp DAO suffered a loss of $292 million, with the two attacks accounting for approximately 95% of the total losses.

According to GMGN market information, yesterday afternoon, the Binance Alpha project BSB continued to decline, and by midnight at 11 PM, the drop suddenly accelerated, plummeting over 60% in a short time, with the coin price falling from the $0.9 range to a low of $0.32.The previous day, a suspected team address transferred tokens to the Bybit deposit address, totaling 5 million BSB tokens, with a total value of approximately $3.6534 million. The tokens from this sending address previously originated from the BSB team's multi-signature address. The team has frequently staged sell-offs recently, with the BLESS team, also part of the Binance Alpha project, selling off $5.09 million worth of tokens after a sustained price increase, leading to a price crash. Additionally, team addresses such as LayerZero, AIOT, BIRB, and PUMP have also taken advantage of ample liquidity to sell off some tokens in the altcoin market recently.

Gate founder and CEO Dr. Han recently stated in an interview with The Block that the integration of AI and Web3 is accelerating efficiency improvements in the industry. The company has fully opened AI enterprise accounts for team members and is widely applying them in scenarios such as coding and development, significantly enhancing overall productivity.On this basis, the product iteration pace has been drastically compressed from "updates every few weeks" to "daily updates." Meanwhile, Web3 provides AI agents with automated payment capabilities, achieving low-cost and high-efficiency fund settlement through on-chain protocols. AI has also become an important tool for dealing with vast on-chain assets, capable of quickly completing liquidity screening and trading path optimization based on instructions.When discussing compliance and industry competition, Dr. Han pointed out that current crypto trading platforms have become homogenized in terms of product experience, but intense competition continues to drive overall service level improvements. Gate has currently achieved regulatory coverage in 81 jurisdictions worldwide, with compliant operations covering 46 states in the United States, and has obtained the European MiCA license, which covers 29 European markets, while also obtaining relevant licenses in Dubai, Japan, and Australia. Blockchain is gradually evolving from a single cryptocurrency carrier to an infrastructure that supports diverse assets.Dr. Han believes that with the ongoing integration of AI and Web3, Gate is continuously optimizing user experience and extending the platform into broader everyday use scenarios.