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According to on-chain analyst Yu Jin's monitoring, the suspected investment fund Gamma Fund address transferred 5,480 ETH to Binance, worth 11.93 million USD.In just over 2 days, they transferred a total of 11,035 ETH (24.46 million USD) to Binance, essentially selling all 11,215 ETH that were bought at the bottom of 1,999 USD in March, making a profit of 2.4 million USD.

According to Asia Economy, Upbit operator Dunamu disclosed that the consolidated revenue for the first quarter of 2026 was approximately $157 million, a year-on-year decrease of 55%; operating profit was approximately $59 million, a year-on-year decrease of 78%; and net profit was approximately $46.6 million, a year-on-year decrease of 78%.Dunamu stated that the decline in performance was mainly affected by the global economic slowdown and the decrease in trading volume in the virtual asset market.

Grayscale Research stated that inflation in the United States is accelerating, and the Federal Reserve's room for interest rate cuts is limited. The market currently expects that interest rates will not be cut until September 2027.Grayscale believes that this macro environment has three major impacts on the crypto market: pressure on trades that counteract fiat currency depreciation, accelerated development of tokenized fixed income sectors, and stablecoin issuers will earn more from their reserves.

THORChain released an update on the hacking incident on platform X. Preliminary evidence suggests that a node that recently joined the network may have been controlled by a malicious operator, who exploited the GG20 TSS vulnerability to obtain key information from vault participants, ultimately reconstructing the vault private key and executing unauthorized withdrawal transactions. Currently, multiple THORChain nodes have been shut down, resulting in the network being in a paused state. RUNE transfers are expected to resume in about 12 hours, but the specific situation will depend on node decisions. Functions such as trading, liquidity provider operations, and signing are still unavailable, and a full restoration of network functionality is expected to take several days. Recovery plans are under discussion and may include reducing the staking of affected nodes, as well as other remedial measures proposed by the community.

According to Coinglass data, on May 16 at 14:45, 115 million USDT was detected being transferred from an unknown wallet to Binance.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 30, down 12 points from yesterday. The average over the past 7 days is 41, and the average over the past 30 days is 37.

According to Bloomberg Law, a group of victims who lost their life savings in the collapse of the FTX exchange filed a lawsuit against the Silicon Valley law firm Fenwick & West LLP on May 14, seeking $525 million in damages.The plaintiffs accuse the law firm, which served as FTX's primary external legal advisor for many years, of knowingly assisting FTX in violating fiduciary duties and misappropriating billions of dollars in customer assets, while also helping to set up shell companies and implement communication controls to cover up related evidence.FTX founder Sam Bankman-Fried was arrested after the exchange's collapse in 2022 and was convicted on seven counts of fraud and money laundering, receiving a 25-year prison sentence.

According to on-chain analyst Yu Jin's monitoring, Multicoin Capital transferred 150,000 AAVE (approximately $14.91 million) to several CEXs including Binance, OKX, Coinbase, and Bybit through Galaxy Digital and BitGo yesterday morning. Subsequently, the price of AAVE dropped about 7% from $99 to $92.After that, Galaxy Digital withdrew 98,000 AAVE (approximately $9.08 million) from the aforementioned exchanges and transferred it back to the Multicoin Capital address, causing the price of AAVE to slightly rebound to $93.

Grayscale's research director Zach Pandl stated that in the context of rising inflation in the United States, the Federal Reserve may maintain a high interest rate policy for a long time, which will have three core impacts on the cryptocurrency market.He believes that as the U.S. CPI approaches 4%, the new Federal Reserve Chairman Kevin Warsh has almost no room for interest rate cuts, and the market currently expects the first rate cut to be delayed until September 2027.Grayscale pointed out that long-term high interest rates will put pressure on "currency depreciation trades" such as Bitcoin. Since Bitcoin, like gold, is a non-yielding asset, higher real interest rates will increase the opportunity cost of holding dollar-denominated assets. However, it remains optimistic about Bitcoin's long-term prospects and believes that regulatory benefits such as the CLARITY Act can partially offset the related pressures.In addition, it believes that a high interest rate environment will accelerate the tokenization of fixed income assets. Currently, the yields on dollar-denominated fixed income products are higher than those of most DeFi yields; for example, the USDC lending rate on Aave is about 3.6%, while the yield on short-term corporate bonds is about 4.5%.Grayscale also stated that stablecoin issuers will benefit from high interest rates. Since the GENIUS Act prohibits stablecoins from paying interest to users, issuers can retain the income from reserve assets. It estimates that for every 25 basis points increase in short-term rates, Circle's revenue will increase by approximately $190 million.

According to on-chain analyst Yu Jin's monitoring, after the news of CME and the New York Stock Exchange jointly promoting U.S. regulators to strengthen regulatory scrutiny of Hyperliquid, HYPE retraced 4% from $45 to $43.The Polymarket user with the username "asssdfc" transferred 8.826 million USDC into Hyperliquid to short HYPE 20 minutes after the news spread. He has currently opened a HYPE short position worth $7 million, with an opening price of $43.1, and is still continuously increasing his HYPE short position.

According to Jinshi reports, U.S. interest rate futures indicate that the probability of the Federal Reserve raising interest rates by January next year exceeds 50%.

According to Coinglass data, on May 15 at 20:53, 31.5 million USDT was detected being transferred from an unknown wallet to Binance.

According to the official announcement from Huobi HTX, the platform has officially launched the "Crypto Pizza Festival" series of activities, covering multiple gameplay options such as task challenges, holiday red envelopes, and lucky draws, with a total prize pool exceeding 200,000 USDT, including physical grand prizes like the iPhone 17 Pro Max, 10 grams of gold, and pizza vouchers.The task challenge competition runs from May 14 to May 25. After signing up, users can complete any one of the five tasks: earning coins, spot trading, contract trading, learning to earn coins, or holding $HTX to light up "Fire Treasures" and receive tiered rewards such as USDT earning interest vouchers, contract experience gold, and spot trading fee cashback vouchers. Collecting all Fire Treasures allows participation in a lucky draw to share a prize pool of 100,000 USDT, thousands of pizza vouchers, and USDT 10% earning interest vouchers.From May 18 to June 19, the pizza carnival red envelope activity will also be launched, with a total prize pool of 100,000 USDT. On the birthday of Fire Treasures (May 18) and Bitcoin Pizza Day (May 22), users can visit the event post to receive no-threshold red envelopes. Completing daily interactions or referral tasks can unlock subsequent red envelope qualifications, and checking in for 7 consecutive days can unlock large red envelopes.The lucky draw activity will start on May 18. During the event, accumulating a spot trading volume of ≥100 USDT or a single contract trading volume of ≥2,000 USDT will grant a chance to enter the draw. The prize pool includes an iPhone 17 Pro Max in Starry Orange (1TB), Keron 4 GT, 10 grams of gold, BTT/NFT/WIN/SUN tokens, and contract experience gold, among others.

"On-chain detective" ZachXBT stated that the hacker "Dritan Kapplani Jr" transferred approximately $2.59 million in assets, including 1.99 million DAI and 259 ETH. The related funds were transferred from address 0x4487...bba6 to address 0x67ec...125d, and the stolen funds are currently in a stagnant state.ZachXBT indicated that it released an investigation report on May 12, detailing the connections between Dritan Kapplani Jr and Trenton (Trent) Johnson in a social engineering theft case involving 185 bitcoins (approximately $13 million).

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "LoL: Hanwha Life Esports vs Dplus KIA (BO3) - LCK Round 1-2", the "yes" option in the sub-market "both teams kill a dragon" has experienced a dramatic fluctuation in win rate, soaring from 50% an hour ago to the current 90% (a fluctuation of 40%). Please note the impact of relevant breaking news.

According to Gate market data, the three major indices of the US stock market generally fell before the market opened, with the Nasdaq down 1.24%, the Dow down 0.44%, and the S&P 500 down 0.78%.Most of the seven major tech stocks fell before the market opened, with Apple (AAPL) down 0.66%, Microsoft (MSFT) up 0.7%, Alphabet (GOOGL) down 1.57%, Amazon (AMZN) down 1.36%, Nvidia (NVDA) down 2.08%, Tesla (TSLA) down 1.72%, and Meta (META) down 1.35%.

Strategy's preferred stock STRC recorded a record trading volume on Thursday, with a transaction amount reaching $1.53 billion, more than quadrupling the average over the past 30 days. Reports indicate that this peak in trading mainly occurred on the eve of the ex-dividend date, with a large number of trades priced at or above the $100 par value level. STRC currently offers an annualized cash dividend of approximately 11.5%, paid monthly.The high trading volume propelled Strategy to complete a new round of Bitcoin accumulation through its ATM (at-the-market) financing mechanism, purchasing approximately 11,707 BTC, allowing the company to continue expanding its position as the largest publicly traded Bitcoin holder in the world. Market data shows that STRC slightly retreated by about 1% in pre-market trading after entering ex-dividend trading, approaching the trading range just below $100, consistent with the usual price adjustment pattern for dividend-paying assets after the ex-dividend date. During the same period, the price of Bitcoin slightly weakened to around $80,500, and Strategy's common stock also fell by about 2%, reflecting the continued significant correlation between cryptocurrency assets and the company's stock price.

According to Jin Shi reports, Carol Kong, a foreign exchange strategist at the Commonwealth Bank of Australia, stated that the inflation data released this week will not be welcomed by FOMC officials, including the incoming Federal Reserve Chairman Waller. The U.S. Senate has approved Waller to serve as the Federal Reserve Chairman. Kong expects that the FOMC will have to enter a rate hike cycle starting in December this year, with three rate increases expected during this cycle.

Nasdaq-listed company Bit Digital released its Q1 2026 financial report, showing total revenue of $27.9 million, a decrease of 13.6% from the previous quarter, primarily affected by declines in Ethereum staking income, cloud services, and mining business revenue.Among them, ETH staking income fell by 29.4% to $2.3 million, with the company citing reasons including the drop in ETH prices and a reduction in staking scale. Meanwhile, cloud service revenue decreased by 13.1% to $16.8 million, and Bitcoin mining revenue dropped by 32.9% to $3.7 million.During the reporting period, the company's net loss widened to $146.7 million, mainly impacted by non-cash factors such as changes in the fair value of digital assets.As of the end of March, the Ethereum holdings were approximately 154,400 coins, valued at about $327 million. The company stated that it has converted about 70,000 ETH into liquid staking to enhance asset flexibility.In recent years, Bit Digital has continuously shifted from Bitcoin mining to Ethereum staking and digital asset treasury strategies, gradually laying out high-performance computing (HPC) and AI infrastructure business. The company's management indicated that future capital allocation will continue to tilt towards Ethereum and infrastructure.

According to Onchain Lens monitoring, Ethereum co-founder Vitalik Buterin transferred 50.25 ETH ($113,000) through Privacy Pools.