pan

According to Jinshi reports, the panic index VIX surged to a more than two-week high, rising 3.32 points to 18.72.

According to PR Newswire, Bitmine Immersion Technologies announced that the expanded Series A perpetual preferred stock issuance is priced at 3.5 million shares, at $80 per share, with settlement expected to be completed on June 10, raising a net amount of approximately $273.8 million.The company stated that the funds will be used for general corporate purposes, including increasing holdings in ETH and other digital assets, expanding staking and validation infrastructure, advancing related layouts through MAVAN, working capital, strategic investments related to the Ethereum ecosystem and digital asset adoption, as well as common stock repurchase. The Series A preferred stock has a dividend yield of 9.50% per annum.

According to The Block, the Web3 asset management platform XEFFY announced the completion of a $20 million financing round, which includes $5 million in angel funding and $15 million in a private round supported by early strategic investors.The funds will be used to develop its Vault management platform, expand the on-chain real-world asset (RWA) infrastructure, and support early RWA projects through the XEFFY fund to expand the global ecosystem. The platform combines market-neutral Vault strategies with dedicated on-chain RWA infrastructure built for retail and institutional users.Currently, the tokenized RWA market is expected to exceed $30 billion by 2025, with institutions like BlackRock and Fidelity already deploying related products. The XEFFY platform has approximately 200,000 community members on X, Telegram, and Discord, and its Asia-Pacific ambassador program has about 200 contributors.

According to Jinshi reports, the USD/JPY has broken above 160, rising 0.06% during the day, currently reported at 160.2.

According to Globenewswire, Nasdaq-listed Bitcoin mining company Keel Infrastructure (formerly Bitfarms) announced plans to raise $400 million through the issuance of convertible preferred notes. This issuance is expected to be completed around June 9, 2026, but is subject to market and other closing conditions. The raised funds will be used to pay for related capped call transaction costs and general corporate purposes, including long-term equipment deposits and credit guarantees for data center construction. If the underwriters exercise their over-allotment option, a portion of the net proceeds will be used for additional capped call transactions, with the remainder allocated for general corporate purposes.

According to Bloomberg, the U.S. government is betting that stablecoins issued by private entities like Tether, pegged to the U.S. dollar, will expand to a scale of about $3 trillion in the coming years to support the international dominance of the dollar and absorb more demand for U.S. Treasury bonds.However, the article points out that the current mainstream stablecoin issuers are concentrated in Tether, which has questionable compliance and anti-money laundering practices in its registered location. In the event of a run or smart contract failure, this could impact the large amounts of U.S. Treasury assets it holds and disrupt global payments and settlements. The European Central Bank is advancing the use of central bank digital currencies and "tokenized euros" to support atomic settlements, in order to avoid being locked into critical financial infrastructure by U.S. private dollar tokens.

According to Bloomberg, the U.S. government is betting that stablecoins issued by private entities like Tether, pegged to the U.S. dollar, will expand to about $3 trillion in the coming years to support the international dominance of the dollar and absorb more demand for U.S. Treasury bonds.However, the article points out that the current mainstream stablecoin issuers are concentrated in Tether, which has questionable compliance and anti-money laundering practices in its registered location. In the event of a run or smart contract failure, this could impact the large amount of U.S. Treasury assets it holds and disrupt global payments and settlements. The European Central Bank is promoting the use of central bank digital currencies and "tokenized euros" to support atomic settlements, in order to avoid being locked into U.S. private dollar tokens on critical financial infrastructure.

Bitget CEO Gracy Chen recently elaborated on Bitget's strategic layout in the field of tokenized assets during an online AMA titled "The Future of RWA" hosted by Reality. She revealed that since proposing the Universal Exchange (UEX) strategy in early 2025, Bitget has been accelerating its evolution from a traditional crypto exchange to a platform covering all categories of assets. During a meeting with the COO of BlackRock, she introduced the "10% Vision": it is expected that by 2030, approximately 10% of global financial assets will exist in tokenized form. Currently, the penetration rate of tokenized stocks is only 0.01%, indicating a significant incremental space in traditional financial markets, which is precisely the trend that Reality is built upon.Gracy summarized "why now" as the convergence of five major trends: stablecoins have become a global settlement channel, especially in regions where fiat currencies are weak, creating demand for dollar-denominated investment products; there is a surge in user willingness for diversified asset allocation; blockchain performance, custody, compliance, and market maker systems are maturing; regulatory frameworks in the US, Europe, and Hong Kong are moving from ambiguity to structured clarity; and the market's demand for capital efficiency is driving the release of new liquidity in tokenized assets.When discussing the pain points of the tokenized stock market, Gracy stated that some existing issuers often cause a deviation between the token price and the underlying asset price when handling corporate actions such as dividends and stock splits. The Reality platform is focused on addressing this issue by strictly aligning the Net Asset Value (NAV), supporting the mapping of dividends and corporate actions, and enhancing the consistency between tokenized assets and the real underlying assets. She also revealed that Bitget will continue to expand asset categories and further improve the UEX Universal Exchange ecosystem.

According to the latest disclosure from Cypherpunk Technologies, as of May 13, 2026, the company holds a total of 314,185.70 ZEC, with an average purchase price of $337.86. Based on the current price, the total cost of its holdings is approximately $106 million, with a current value of about $98.34 million, resulting in an unrealized loss of about $7.75 million; if calculated at today's low of 251.43 USDT, the unrealized loss would expand to approximately $27.2 million.Regarding this vulnerability incident, Cypherpunk tweeted that the vulnerability exists in all software, and Bitcoin once erroneously minted 184 billion tokens. The solution is not to deny the technology, but to strengthen it through formal verification and provable reliability, which is exactly what Zcash will introduce in the next update.

The decentralized AI infrastructure network DGrid AI announced an official partnership with MiniMax. Both parties will provide low-cost, high-availability access to MiniMax models for global developers and agents through the DGrid decentralized AI Gateway, jointly promoting its adoption in a broader ecosystem.DGrid is a decentralized AI infrastructure that aggregates mainstream AI models from around the world. It currently connects over 200 models, including Claude, GPT, and Gemini, enabling one-stop access through a unified API. The platform is aimed at developers and AI agent builders, offering high-availability, low-latency model access services, and is committed to lowering the entry barriers and usage costs for AI applications.MiniMax is a global leader in general artificial intelligence across all modalities and is one of the few AI companies capable of self-developing models for text, voice, video, music, and other modalities. This official collaboration with MiniMax represents another significant expansion for DGrid on the model supply side, marking a new step in connecting mainstream model vendors and building a decentralized AI ecosystem. With the integration of more high-quality models, DGrid is becoming a unified entry point for AI developers to access diverse model capabilities, providing more flexible and open infrastructure support for the next generation of intelligent applications.As part of the initial collaboration, MiniMax's flagship model M3 has been launched on DGrid, and DGrid Premium users can enjoy a 55% discount directly.

The ZEC treasury company Cypherpunk posted on platform X in response to the market fluctuations of the ZEC token, stating that all software has vulnerabilities. Historically, Bitcoin has "over-minted" 18.4 billion BTC due to errors. However, this does not mean that blockchain technology should be abandoned; rather, security should be enhanced through formal verification and provable correctness.Cypherpunk emphasized that with the development of AI technology, vulnerability detection will become faster and broader, but the key lies in who can identify problems before malicious actors do. Zcash demonstrates its capability in this regard through an upcoming update.Previously, it was reported that the privacy coin ZEC faced market sell-offs due to the revelation of a security vulnerability that could potentially lead to unlimited issuance, causing the coin's price to drop over 50% in a single day.

According to on-chain analyst Yu Jin (@EmberCN), ETH has been continuously declining recently, and the largest long position on Hyperliquid, which opened 120,000 ETH (approximately $271 million) at an average price of $2,261, has seen its unrealized loss expand to $73.66 million.To mitigate liquidation risk, this address recently added $26 million in margin, lowering the liquidation price range from the previous $1,617 to $1,355 down to $1,300 to $1,400. However, the current ETH price has dropped to $1,870, which is only about $470 away from the recent liquidation line, and the pressure from stop-loss and position reduction continues to intensify.

According to Techstartups, NVIDIA has announced the completion of its acquisition of predictive AI software company Kumo AI, with a transaction amount exceeding $400 million. This merger will expand NVIDIA's AI software business boundaries and strengthen its industry advantage in enterprise-level predictive analytics.It is reported that Kumo AI was founded in 2022, and its self-developed foundational model can connect to structured data from enterprise data warehouses, implementing various commercial scenarios such as customer churn prediction, fraud prevention, supply and demand estimation, risk control review, and intelligent product recommendations.Reports indicate that the founding team of Kumo AI officially joined NVIDIA last month, and as of now, NVIDIA has not made any official comments regarding this acquisition.

According to GlobeNewswire, Bitcoin treasury company Genius Group announced the official launch of its AI treasury, having completed the first batch of investments in the AGI Infinity Portfolio, purchasing 10,000 shares of Destiny Tech 100 and 800 shares of Fundrise Innovation Fund, marking the first funds allocated towards its goal of a $100 million AI treasury in phases.According to disclosed data, this allocation allows Genius Group to indirectly gain exposure to several leading private AI companies, including Anthropic (approximately 16% of the portfolio), SpaceX (11%), OpenAI (7.4%), Databricks (7.4%), Shield AI (2%), and Anduril Industries (0.7%).Genius Group stated that it will continue to expand the scale of the AI treasury through a monthly investment plan in the future.

AI infrastructure startup Nscale has disclosed that it has completed nearly $4 billion in financing, with a valuation of $14.6 billion following its latest $2 billion Series C round. Nscale, formerly a cryptocurrency mining company spun off from Arkon Energy, is currently focused on building and operating AI data centers and leasing computing power resources to enterprises. Its investors include technology companies such as Nvidia, Dell, and Nokia.Since 2026, Nscale has also secured $1.4 billion in GPU collateral loans and a $790 million financing line to support its AI infrastructure expansion plans. Nscale participated in OpenAI's "Stargate" infrastructure project, deploying AI computing facilities in the UK and Norway, but as OpenAI adjusted its related plans, some projects have been taken over by Microsoft and Google.

According to Coinglass data, since May 19, the negative premium trend of Bitcoin on Coinbase has expanded, currently reported at -0.1931%, and it has been in negative premium for 17 consecutive days, indicating that the demand for BTC in the U.S. market has not yet significantly recovered, and investor risk appetite has declined.During the same period, Bitcoin has fallen from $77,000 to the current $62,000, with this round of correction possibly led by U.S. investors. 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 TechFundingNews, AI company Lassie, founded by former Robinhood and Superhuman employees Steijn Pelle and Frédéric Renken, has completed a $35 million Series A funding round led by a16z, with participation from Night Capital, the founder of Superhuman, the co-founder of Plaid, the co-founder of Wise, among others, bringing the total funding to $47 million.The two co-founders worked manually for months at a dental clinic before writing code, handling insurance claims and reconciling payments. Currently, Lassie operates in over 700 clinics across 49 states in the U.S., saving owners more than 250,000 hours of administrative work each year. a16z general partner Alex Rampell has joined the board of Lassie. Lassie's AI agent directly accesses the clinic's insurance portal, pulls reimbursement data, reconciles, updates system records, and verifies bank funds, completely replacing human labor rather than adding a software layer.

According to monitoring by BitcoinTreasuries.NET, the US-listed company DDC Enterprise has increased its holdings by 90 bitcoins, currently holding a total of 2804 BTC, ranking 28th in the bitcoin holdings leaderboard.

According to on-chain analyst Yu Jin's monitoring, the Ethereum treasury company FG Nexus transferred 10,000 ETH (18.16 million USD) to Galaxy Digital 4 hours ago. The company incurred a loss of 88.83 million USD from investing in ETH: from August to September last year, it spent 200 million USD to purchase 50,600 ETH at an average price of 3,940 USD, and began to reduce its holdings starting in November. Currently, it has reduced its holdings by 38,300 ETH (89.17 million USD) at an average price of 2,329 USD.

According to Ember Monitoring, as ETH fell below $1800, the largest ETH long position holder on Hyperliquid, who established a long position of 120,000 ETH at an average price of $2261, has seen their unrealized losses expand to approximately $58 million. To avoid liquidation, they have supplemented their margin with 11 million USDC over the past day, reducing the liquidation price from $1617 to $1506.