edge

According to CoinDesk, hardware wallet manufacturer Ledger has suspended its plans to go public in the U.S. due to unfavorable market conditions. Sources say that Ledger had discussions with investment banks such as Goldman Sachs, Jefferies, and Barclays about an IPO in the U.S. this year, with a potential valuation of around $4 billion, but has not yet submitted an S-1 registration document to the SEC. The company is evaluating other options, including private financing.The report points out that after several crypto companies go public in 2025, many institutions, including Kraken, have postponed their IPOs due to weakening token prices, declining trading volumes, and stock market volatility. Additionally, the only crypto-native company that went public in 2026, BitGo, has seen its stock price drop about 36% below its offering price.

At the Tencent shareholder meeting, Chairman and CEO Ma Huateng gave the most candid response to date regarding doubts about whether Tencent is falling behind in AI. He stated, "A year ago, we thought we were on board, but later found that the boat was leaking. Now it feels like we are on board, but we can't sit down yet. We hope the speed of the boat can be a bit faster." Ma Huateng acknowledged the company's bumpy journey in the field of artificial intelligence and humorously illustrated the current situation: on the boat, but not yet stable.Ma Huateng also emphasized that Tencent may not be the fastest in the industry to seize opportunities, but it insists on following the right path, combining its unique advantages to proceed steadily. "We can't just look at others doing things and casually jump in to take over their territory. We have done that in the past but mostly failed."

According to monitoring by Lookonchain, the whale 0x4E53 bought 151,000 HYPE ($6.09 million) and staked it 2 hours ago. In the past week, this whale has accumulated a total of 500,998 HYPE ($21.3 million) in purchases and staking.

The Ethereum Layer 2 network Starknet developed by StarkWare officially launched strkBTC, a new type of asset based on Bitcoin, designed to achieve privacy balances and anonymous transfers through zero-knowledge proof (ZK) technology, while maintaining composability with DeFi applications.After the launch of strkBTC, it supports "re-anonymization," allowing assets to be bridged back to a new, unassociated Bitcoin address, and provides compliance auditing and asset screening functions.

WORLD3 today announced the official launch of its decentralized AI routing network RouterLink, enabling the permanent domain routerlink.ai. This official version brings three core upgrades compared to the previous Alpha stage: complete Web2 payment support (Stripe credit card/debit card/Apple Pay/Google Pay), direct connection to over 60 cutting-edge purebred flagship models (without quantization, without distillation), and official production-level endorsements from three major cloud providers: AWS, Microsoft Azure, and Google Cloud.WORLD3 disclosed that the RouterLink network currently supports over 68 models, covering more than 20 providers, with uptime locked at 99.9%, and daily settlement flow exceeding $1.5 million $WAI. The launched purebred flagship models include Claude Opus 4.7, GPT-5.5, Gemini 3.1 Pro Preview, DeepSeek V4 Pro, Grok 4.3, Qwen3-Max, Llama 4 Maverick, Kimi K2.6, GLM 5.1, MiniMax M2.7, etc., all provided at full specifications. The cumulative $450K quota from the three major cloud collaborations has been fully utilized — including the public inclusion of the AWS Customer Case Study, Microsoft for Startups Level 4 (highest level) + $300K AI Grants, and direct connection to Google Cloud Vertex AI.WORLD3 stated that this official launch also opens up the enterprise procurement channel: Stripe payments and $WAI on-chain payments run in parallel, allowing developers to access the complete catalog of 68 models within 60 seconds after registering their email and recharging with a credit card. The subsequent roadmap includes the RouterLink mainnet, GPU computing power market, an Agent skill market linked with TapClaw, and an enterprise version SLA service that is already in pilot with some clients.

According to Onchain Lens monitoring, Grapefruit Trading has staked 33,370 ETH ($76.13 million) to Eth2.

According to The Block, JPMorgan analysts have stated that Bitcoin is gradually surpassing gold as a currency devaluation hedge tool following the Iran conflict.Analysts led by Managing Director Nikolaos Panigirtzoglou noted that Bitcoin ETFs recorded inflows for the third consecutive month in May, while gold ETFs are still struggling to recover the funds that flowed out during the outbreak of the Iran conflict in March. This indicates that since the conflict began, retail investors are choosing Bitcoin over gold for devaluation hedge trades.The analysts stated that Bitcoin purchases are not limited to retail investors through ETFs. JPMorgan's position proxy indicators based on CME Bitcoin futures and offshore perpetual futures have also reached new highs, indicating that institutional investors are similarly increasing their exposure. The momentum signals for Bitcoin and gold have also rebounded since the conflict began. Investors are also indirectly buying Bitcoin through Strategy, with the company's purchase volume potentially reaching around $30 billion this year if the current pace is maintained.

According to the official announcement, Bithumb will launch the EDGEX KRW trading pair.

OKX will launch EDGE/USDⓈ spot trading on May 6, 2026, at 20:00, to support the development of the USDⓈ ecosystem and meet users' diverse trading needs.

OKX will launch spot trading for EDGE (edgeX) on May 6, 2026, at 19:00. Users can start depositing at 13:00, with the pre-order time from 18:00 to 19:00, and withdrawal time at 21:00.

According to Gate market data, Wall Street is once again showing signs of prosperity, with the stock market reaching new highs repeatedly. The S&P 500 Index and the Nasdaq 100 Index both closed at historic highs this month. Data shows that in the first quarter of this year, hedge funds attracted a total of $45 billion, setting a record high since 2007, with the industry's asset size reaching $5.2 trillion. Trend-following quantitative funds had an annual increase of about 10% in May, outperforming the U.S. stock market.

According to Jinshi reports, Federal Reserve official Kashkari disagreed at the Federal Open Market Committee meeting, believing that the uncertainty in the Strait of Hormuz means the Federal Reserve should acknowledge the risks of interest rate hikes in its statement.

According to The Block, macro investor and hedge fund manager Paul Tudor Jones stated in an interview on the podcast "Invest Like the Best" that Bitcoin is "the undisputed best inflation hedge." He pointed out that the total supply of Bitcoin is capped at 21 million, with less than 1 million left to mine, and combined with its decentralized nature, its scarcity far exceeds that of gold (which sees an annual supply increase of about 2%).Jones began investing in Bitcoin as early as 2020 to hedge against the risks of central banks overprinting money, and the following year expressed a desire to increase his allocation to 5%. However, he also highlighted potential risks, including "kinetic conflicts" involving cyber warfare that could lead to electronic system failures, as well as security threats posed by breakthroughs in quantum computing technology.

According to Cointelegraph, Aptos recently launched the privacy token Confidential APT on its mainnet, which is pegged to APT at a 1:1 ratio. It uses zero-knowledge proofs to hide token balances and transfer amounts while maintaining wallet address visibility and transaction verifiability.Sherry Xiao, founding engineer of Aptos Labs, stated that the token aims to address the long-standing contradiction between blockchain privacy and compliance transparency, and can solve issues related to the public exposure of sensitive information such as on-chain salaries, treasury operations, and trading strategies. On the compliance front, the activation of the audit key must be approved through on-chain governance voting. The launch of Confidential APT stemmed from a governance proposal that was nearly unanimously passed. Xiao expects individual user adoption to be faster than that of enterprises, and if the mainnet operates stably for six months with good transaction volume, it will help shorten the sales cycle for enterprises.

According to Prnewswire, Nasdaq-listed company Aurelion disclosed that it currently holds 33,318 Tether Gold (XAUT), with a holding value exceeding $157 million based on a price of $4,719.15 per ounce. Additionally, the company revealed that it has staked 10,000 XAUT, transforming the gold token from a mere reserve asset into a yield-generating collateral asset, while another 23,318 XAUT remain unstaked.

Ripple officially announced its quantum resistance roadmap, with the core goal of making the XRP Ledger (XRPL) quantum-resistant by 2028. The roadmap primarily addresses the potential attack mode of "harvest now, decrypt later," where attackers collect encrypted data now and wait for future quantum computers to mature before cracking it.The entire plan will be implemented in four phases:Phase 1: Q-Day Emergency Preparedness (Already Started). Establish a Q-Day emergency response mechanism. If the existing classical encryption system is suddenly compromised, the network will immediately stop accepting traditional public key signatures, forcing a migration to quantum-safe accounts. At the same time, explore asset ownership verification solutions based on Post-Quantum ZK-proofs, allowing existing account holders to safely recover funds in emergencies without exposing vulnerable keys.Phase 2: Risk Assessment and Algorithm Testing (First Half of 2026). Conduct a comprehensive assessment of the impact of post-quantum cryptography on the performance, storage, and bandwidth of the XRP Ledger network. Collaborate with Project Eleven to conduct validator-level testing and Devnet benchmarking, deploy NIST standardized ML-DSA quantum-safe signature schemes, and develop prototypes for post-quantum custodial wallets. Core engineer Denis Angell has already deployed ML-DSA signatures on XRPL's AlphaNet.Phase 3: Devnet Hybrid Integration (Second Half of 2026). Parallel integration of candidate post-quantum signature schemes with existing elliptic curve signatures on the developer network (Devnet), allowing developers to test performance and system impacts without affecting the mainnet. At the same time, explore post-quantum zero-knowledge proof primitives and homomorphic encryption technologies for Confidential Transfers to enhance the privacy and compliance capabilities of tokenized real-world assets on XRPL.Phase 4: Full Mainnet Upgrade (Target 2028). Submit a formal protocol amendment, which will be fully enabled on the mainnet after being approved by validator votes, to implement native post-quantum cryptography. Focus on production-ready optimization: throughput tuning, validator reliability assurance, and coordinated migration of the ecosystem, ensuring a complete transition without affecting network speed and settlement finality.

According to Jin Shi reports, the U.S. Congress will hold a confirmation hearing for Federal Reserve Chair nominee Waller on Tuesday local time. Waller has pledged to maintain strict independence on interest rate issues. He stated that interest rate decisions must be independent of political considerations, monetary policy should not be a tool for short-term political goals, and emphasized that the credibility of the Federal Reserve comes from institutional constraints and policy discipline. Waller also warned against extending the central bank's functions into areas of fiscal policy or social policy where it lacks statutory authority.

According to Bloomberg, the SEC and CFTC jointly proposed to reduce the reporting requirements for hedge funds, intending to eliminate the reporting obligations for smaller advisors and raise the Form PF reporting threshold for private fund managers' assets from $150 million to $1 billion.The two agencies stated that the data collected from Form PF will be used confidentially for inspections and investigations of private fund advisors.