1. Popular cryptocurrencies on CEXs
Top 10 CEX trading volumes and their 24-hour price changes:
- BTC: -0.50%
- ETH: -0.45%
- SOL: -1.28%
- XRP: -0.75%
- BNB: +0.02%
- ZEC: -3.04%
- NEAR: +14.56%
- TRX: +1.67%
- DOGE: -1.35%
- SUI: +0.11%
24-hour gainers list (data source: OKX):
- PHA: +23.98%
- GRASS: +15.49%
- NEAR: +14.56%
- HMSTR: +12.27%
- WLD: +11.11%
- TIA: +11.06%
- EIGEN: +10.75%
- INJ: +10.50%
- RENDER: +9.11%
- TON: +8.50%
24-hour cryptocurrency stock gainers list (data source: msx.com ):
- BB.M: +18.95%
- YSS.M: +2.65%
- VSAT.M: +2.17%
- VELO.M: +2.08%
- USO.M: +1.94%
- AMRK.M: +1.88%
- SATS.M: +1.78%
- QNTM.M: +1.73%
- ORBS.M: +1.62%
- GREE.M: +1.60%
2. Popular on-chain memes (data source: GMGN ):
- Solana: HOPPY, RICH
- BNB: World Cup, Possum with Hands Behind Back
- Base: DEAL, FreeCode
Headlines
Ondo founder Nathan Allman has passed away; President Ian De Bode has taken over as CEO.
Ondo Finance announced the passing of its founder, Nathan Allman. The announcement stated that Nathan Allman's vision, leadership, and technological aspirations profoundly shaped Ondo's development, and he firmly believed that technology could build a more open and accessible financial system.
Meanwhile, Ondo announced that Ian De Bode, who has served as president for many years, will succeed Nathan Allman as CEO. The announcement stated that Ian has been responsible for the company's strategy, product, and day-to-day operations for over two years and has the full support of the management team. Ondo stated that it will continue to advance the work left unfinished by Nathan Allman.
The ceasefire agreement reached between the United States and Iran in early April will be extended for 60 days. Ships from all countries will be able to navigate the Straits freely and safely, just as they did before the straits were closed. (Jinshi)
South Korea's KOSPI index climbed above 8100 points, setting a new all-time high.
According to Gate data, South Korea's KOSPI index has climbed above 8,100 points, setting a new record high, with a daily increase of 3.24%.
Binance Wallet launches Event Rush, supporting tokenized trading of real-world events.
Binance Wallet has launched a new feature called EventRush, allowing users to trade outcome tokens for real-world events such as sporting events, cryptocurrency price targets, or news. Powered by the 42.space protocol on the BNB Chain, users can purchase event tokens using USDT on BSC and sell them at any time before the event ends, or hold them until settlement. Winners share the entire prize pool with no cap on earnings. A service fee applies to each transaction, and a redemption tax is payable on each sale.
This feature is available to all verified Binance Wallet users, but may not be available in some restricted regions.
Industry News
Tether: Partners with the Georgian government to launch official stablecoin GEL₮
Tether announced a partnership with the Georgian government to launch GEL₮, the official stablecoin of the Georgian Lari. This is one of the first joint efforts to place a national currency directly into the digital asset orbit within a specially constructed stablecoin regulatory framework. Georgian Prime Minister Irakli Kobakhidze stated that Georgia, together with partners like Tether, is laying the foundation for a more interconnected, transparent, and digitally enabled financial world. Tether CEO Paolo Ardoino stated that stablecoins are becoming part of the global financial infrastructure, and Georgia has taken the lead in creating a regulatory framework for digital assets and stablecoins.
In his "Secret Notes," Hong Kong Financial Secretary Paul Chan Mo-po pointed out that the effective use of blockchain and artificial intelligence technologies is an inevitable trend in the future development of finance. However, it also brings real governance challenges, such as criminals and terrorists attempting to exploit international regulatory differences for money laundering and fundraising activities. Hong Kong's principles, practices, and experiences in the development and regulation of digital assets are ahead of Europe, and there is considerable room for cooperation and mutual learning. This can not only promote the healthy development of the industry but also contribute to global governance.
Project News
Hyperliquid now supports official prediction markets based on off-chain events.
Hyperliquid has announced support for official canonical outcome markets based on off-chain events. These markets will be published by automated news feed software run by validators as part of daily on-chain operations. Validators will vote on the deployment and settlement of the official outcome markets based on factors such as the clarity of the rules, the correctness of the results, and the quality of the market.
Indonesia's Ministry of Communications and Digital Affairs recently banned the prediction market platform Polymarket, deeming it an online gambling platform for offering bets and speculation on unresolved events, violating local laws. Polymarket had previously launched a betting market on when President Prabowo Subianto would step down, with his term originally scheduled to end in 2029. This contract went live the day after Prabowo announced plans to tighten controls on exports of commodities such as coal and palm oil, sparking discussion on local social media. Indonesian authorities also stated they are investigating all social media accounts associated with Polymarket.
According to on-chain analyst Ai Yi, the WLFI unlocking and activation portal has been open for two weeks. Currently, 45.9 billion WLFI have been transferred to the unlocking contract, representing 73.8% of the total, with a total value of $2.81 billion. The WLFI team and related stakeholders have burned 3.2 billion WLFI, worth $194 million. The current price of WLFI is $0.06137, an increase of 18% from its low at the beginning of the month.
XRPL developer Wietse Wind has issued a new security warning to the XRP community, stating that scams targeting Xaman Wallet users are on the rise. According to her, scammers are currently using fake desktop wallet applications and fake airdrop events to lure users into connecting their wallets or downloading malicious programs, thereby stealing funds. Wietse Wind advises users not to connect their wallets to suspicious websites or download any unofficial applications to avoid financial losses.
OKX Ventures, citing data from Token Terminal on its X platform, stated that Ethereum's monthly transaction volume has exceeded 70 million, setting a new record. Simultaneously, the network's median transaction fee has dropped to approximately $0.00554, also a new all-time low. This indicates that Ethereum is gradually achieving the characteristics of a "highly efficient and low-cost" network state.
Prediction market platform Kalshi announced its support for the formation of a new prediction market lobbying group, Americans for Fair Markets, and appointed former White House Deputy Chief of Staff in the Trump administration, Taylor Budowich, as a strategic advisor. The group will fight against the sports betting and casino industry, which it believes is trying to “maintain its monopoly and spread misinformation about prediction markets to policymakers.”
Investment and Financing
SoftBank issues another 260 billion yen in subordinated debt to fund AI investment.
SoftBank Group plans to raise 260 billion yen ($1.6 billion) in subordinated bonds from individual investors, just about two months after its last retail bond offering. According to documents disclosed on Monday, the bonds have a 35-year maturity and include an option for early redemption after five years. Pricing will take place on June 5, with an initial five-year coupon guidance range of 4.8%-5.6%.
Characters * Voices
ETF Store President: Stablecoins are not the real source of economic risk
ETF Store President Nate Geraci posted a joking comment on the X platform, stating that "stablecoins are clearly the economic risk." He noted that compared to inflation, escalating geopolitical tensions, and the continued rise in government and private debt, the market views stablecoins as a source of risk, adding, "This is something you can't even imagine."
Strategy CEO: Investing $250,000 in STRC yielded a return 10 times their mortgage rate.
Strategy CEO Phong Le stated that he held a 30-year mortgage with an interest rate of 1.75%. Instead of repaying the mortgage, he invested $250,000 in STRC, which paid him an 11.5% return, equivalent to 10 times his mortgage interest rate.
According to SlowMist, MistEye detected a cross-registry supply chain attack targeting developers. Attackers distributed malicious packages via npm, PyPI, and Crates.io. This campaign involved over 34 malicious packages and over 384 related versions, targeting communities including crypto, DeFi, Solana, Sui/Move, and AI developers.
Potential attacker actions include stealing encrypted wallets, SSH keys, cloud credentials, GitHub/AWS tokens, browser data, environment variables, and developer keys. Some payloads also attempt to achieve persistence via cursorrules, CLAUDE.md, Git hooks, shell hooks, cron, systemd, and SSH.
Wu Jihan stated in an article on the X platform that Europe's current solar energy problem is no longer just about increasing power generation, but rather a lack of sufficient flexible electricity demand to absorb excess energy. He cited the latest analysis from the energy research institution Pexapark, stating that the phenomenon of "self-cannibalization" of photovoltaics in Europe is rapidly worsening: 1. In April 2026, France's solar capture factor dropped from approximately 0.42 to 0.10 year-on-year, a decrease of about 75%, with nearly half of solar power generation occurring during periods of negative electricity prices; 2. Germany experienced 123 hours of negative electricity prices in April, an increase of 65% year-on-year, with approximately 46.8% of solar power generation occurring in negative electricity price ranges; 3. The problem in Spain is no longer limited to the summer, with the solar capture factor plummeting from approximately 0.71 in February 2026 to 0.18, while the duration of negative electricity prices increased from 0 hours to 148 hours.
Wu Jihan pointed out that this indicates the speed of solar power deployment in Europe has outpaced the speed of grid system flexibility development. In addition to energy storage, grid expansion, and demand response, Europe should also focus on interruptible loads, including Bitcoin mining and other computing loads. These loads can be activated when electricity is plentiful and shut down when the grid is strained, thus becoming the "buyer of last resort" for surplus renewable energy, reducing curtailment, improving the profitability of photovoltaic projects, and enhancing the profitability and financing feasibility of power generation and grid infrastructure investments.
