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According to Gate market data, spot silver has plunged 8.00% during the day, currently reported at $76.79 per ounce.

The encrypted messaging app Signal stated that if Canada's Bill C-22 is officially passed and requires platforms to establish "lawful access" monitoring capabilities, the company may choose to exit the Canadian market rather than weaken end-to-end encryption. Signal's Vice President of Strategy and Global Affairs, Udbhav Tiwari, indicated that the bill could force communication services to create technical backdoors, thereby undermining encryption security and making private communications more susceptible to exploitation by hackers and foreign attackers.Bill C-22 was introduced in March 2026 as part of a new round of regulatory measures in Canada, requiring electronic service providers to establish law enforcement monitoring capabilities and retain certain user metadata for up to a year to assist in investigations of crimes such as terrorism and child exploitation. Critics argue that the bill is similar to the EU's previously controversial "chat monitoring" proposal, which could threaten end-to-end encryption and user privacy. Canadian Conservative MP Jacob Mantle stated that nearly all Canadian MPs use Signal precisely because of its privacy and security features, yet the bill could grant the government the ability to read private messages.Tiwari stated, "Signal would rather exit Canada than violate the privacy commitments made to users." In addition to Signal, the VPN provider Windscribe also indicated that if the bill passes in its current form, the company may follow Signal in withdrawing from the Canadian market. Windscribe claimed that the bill could force VPN services to log data that could identify users, violating its core privacy principles.

According to Gate market data, the US dollar index DXY rose to 99, with an intraday increase of 0.13%.

The Ethereum Foundation officially launched the Clear Signing open standard on Tuesday, aimed at replacing the unreadable hexadecimal strings displayed when wallet users sign transactions with human-readable transaction content.This standard is centered around ERC-7730. When a wallet supports this standard, it will read the descriptor file of the contract and reconstruct the raw transaction data into understandable content, such as displaying a Uniswap V3 swap as sending 1,000 USDC and receiving at least 0.42 WETH. ERC-8176 adds an integrity certification layer on top of this, allowing auditors to publish signature certification confirming the accuracy of the descriptors. Participants include hardware wallets (Ledger, Trezor), software wallets (MetaMask, WalletConnect), security companies (Cyfrin), and infrastructure (Fireblocks), among others.Blind signing has been a significant cause of losses in crypto assets. The $1.5 billion vulnerability at Bybit in February 2025 and the approximately $235 million WazirX incident both involved signers approving transactions that did not reflect the true intent. Ledger initiated this project in 2021, formalized it as ERC-7730 in 2024, and transferred governance to the foundation earlier this year to ensure the neutrality of the standard. The ERC-7730 V2, released in April 2026, has expanded its coverage to cross-chain use cases, software wallets, and confidential token primitives.

According to Jinshi reports, the US dollar against the Japanese yen (USD/JPY) has risen above 157, with an intraday increase of 0.2%.

According to a Reuters report, Carolyn Rogers, Senior Deputy Governor of the Bank of Canada, stated during her testimony in the Senate that the design work for Canada's stablecoin regulatory framework is fully underway and is expected to be launched in mid to late 2027.She noted that the previously planned target for early 2027 was rather ambitious.

According to Jinshi News, the USD/CAD has broken through 1.37, with an intraday increase of 0.25%.

Spot gold has rebounded significantly after falling to $4500 on May 4, rising again by 2.3% this morning. The price of GOLD on Hyperliquid is currently reported at $4651, having tested this price level three times in the past seven days.In this round of increase, the well-known short-selling institution Abraxas Capital on Hyperliquid has turned from profit to loss, with an average short position price of $4650 for its 5x leveraged GOLD short position, amounting to $22 million. It is now the top holder of short positions in on-chain gold. Address: 0xb83de012dba672c76a7dbbbf3e459cb59d7d6e36.

According to Gate market data, the US dollar index DXY has fallen below the 98 mark, with an intraday decline of 0.5%.

According to on-chain data, the market value of the TON chain Meme coin MTONGA briefly rose above 4 million USD, currently reported at about 3.99 million USD, with an intraday increase of over 985%.ChainCatcher reminds users that the price of Meme coins is highly volatile, and investors should be aware of the risks.

According to GMGN data, the market capitalization of the SOL chain ecosystem token BELIEVE briefly surpassed 10 million USD, currently reported at 8.8 million USD, with an intraday increase of over 910%.

According to Gate market data, the euro against the US dollar (EUR/USD) has fallen below 1.17, with a daily decline of 0.17%.

According to GMGN data, LAB has increased by 200% during the day, currently reported at $2.07.

According to GMGN data, the market value of the ETH chain ecological token uPEG briefly rose above 22 million USD, currently reported at about 21.8 million USD, with an intraday increase of over 99%.

According to Gate market data, the S&P 500 index's intraday increase has expanded to 1%.

According to Jinshi News, the USD/CAD has fallen below 1.36, with an intraday decline of 0.61%.

According to Gate market data, the dollar index DXY has expanded its intraday decline to 0.8%. Non-US currencies have risen, with the Australian dollar against the US dollar AUD/USD increasing by more than 1% intraday, currently reported at 0.7187. The US dollar against the Canadian dollar USD/CAD has dropped by more than 0.5% intraday, currently reported at 1.3615.

According to Jin Shi reports, the European Stoxx 600 index has expanded its gains to 1%, reaching a new intraday high.

According to Jinshi reports, the US dollar against the Japanese yen (USD/JPY) continues to decline, falling below 158, with an intraday drop of 1.5%.

The Alberta Investment Management Corp, under the Canadian government, disclosed its first purchase of 1.38 million shares of Strategy (MSTR), valued at $219 million. This institution is one of the largest institutional asset managers in Canada and has allocated BTC-related assets for the first time.