mmo

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.

According to Jinshi News, Sarah Hammoud, a foreign exchange strategist at the Commonwealth Bank of Australia, stated that the risk is that U.S. core inflation may be higher than the market consensus due to the spillover effects of energy prices on other prices such as airfare and food. If U.S. core inflation is higher than expected, it will push up U.S. yields and the dollar exchange rate. The market generally expects that the CPI data will reinforce expectations that the Federal Reserve will maintain interest rates unchanged in the short term, and traders have ruled out the possibility of rate cuts this year.

To optimize the user trading experience, Bitget has reduced the funding fee base rate for some metal and commodity contracts from 0.01% to 0%. This involves contracts such as XAUUSDT, XAGUSDT, COPPERUSDT, etc. For more details, please refer to the official Bitget platform.

According to the official announcement, Binance has released an important update regarding the price index calculation model for commodity-type TradFi perpetual contracts. Starting from May 9, 2026, at 05:00 (UTC+8), Binance will adopt the order book EWMA price index calculation model to replace the fixed model for calculating the price index of commodity-type TradFi perpetual contracts during daily maintenance, holidays, and weekends.The order book EWMA price index calculation model will be applied to all commodity-type TradFi perpetual contracts, including XAUUSDT, XAGUSDT, XPTUSDT, XPDUSDT, COPPERUSDT, CLUSDT, BZUSDT, NATGASUSDT, and future commodity-type TradFi perpetual contracts that will be listed on Binance.Equity-type TradFi perpetual contracts will continue to use the fixed model during daily maintenance, holidays, and weekends until further notice. If Binance adopts the order book EWMA price index calculation model, a separate announcement will be made.

According to Jinshi reports, Federal Reserve Chairman Powell stated that changing the accommodative stance is a form of forward guidance.

According to market news, attackers launched an attack on Syndicate by infiltrating the Commons cross-chain bridge. The related address acquired approximately 18.5 million SYND tokens and sold them for a profit of about $330,000, with the funds having been transferred to Ethereum.

According to the official announcement, the prediction market Kalshi, regulated by the Commodity Futures Trading Commission (CFTC), has integrated Pyth as the contract settlement data source for its newly launched commodity center, covering markets such as gold, silver, Brent crude oil, natural gas, copper, corn, soybeans, and wheat.At the same time, Pyth Pro will provide direct market data access to Kalshi's market makers. Kalshi stated that this move aims to support the continuous trading and reliable settlement of commodity-related event contracts; Pyth Pro will subsequently expand to asset classes such as indices, stocks, and foreign exchange.

According to CoinGlass data, Brent crude oil (XBR) has a 24-hour contract trading volume of 16.5 million USD across the network, with a contract open interest of 6.2258 million USD; among them, the Gate platform has a 24-hour contract trading volume of 15 million USD, ranking first in the world; the contract open interest is 2.67 million USD, ranking second in the world. WTI crude oil (XTI) has a 24-hour contract trading volume of 20.6188 million USD across the network, with a contract open interest of 22.8109 million USD.Among them, the Gate platform has a 24-hour contract trading volume of 13.08 million USD, ranking first in the world; the open interest reaches 4.75 million USD, ranking second in the world.In the metals sector, the 24-hour trading volume of XAG contracts across the network reaches 900 million USD, among which the Gate platform's XAUT/USDT contract open interest records 72.3609 million USD, ranking third in the world.Currently, Gate has fully deepened its TradFi layout, with the spot sector supporting stock and metal trading, and the contract sector covering diversified assets such as gold, silver, foreign exchange, indices, and commodities. With a flexible USDT settlement mechanism and up to 100 times leverage, Gate continues to assist global investors in achieving cross-market, round-the-clock asset allocation and risk management.

Bitfinex released a report indicating that tokenized commodities are moving from early experimentation to practical application, becoming an important manifestation of the reconstruction of real-world assets (RWA) on the blockchain. The core of this shift is not to create new demand, but to reshape existing market infrastructure.Data shows that the total market value of tokenized commodities has reached approximately $7 billion, growing nearly 600% since the beginning of 2025. Current major participants include crypto-native investors and high-net-worth individuals. Amid increasing geopolitical volatility, tokenization is enhancing asset liquidity and risk management flexibility. Gold remains the primary entry point, with Tether Gold accounting for nearly 40% market share.The report points out that on-chain gold possesses characteristics such as real-time transfer and global auditability, making it more suitable as collateral compared to physical assets, and it can overcome traditional trading hours and settlement limitations. In addition to gold, tokenized commodities have expanded into areas such as oil, natural gas, and agricultural products, with soybeans and soybean oil each around $400 million, and green financing-related exposure around $850 million, indicating that this model has cross-category expansion potential.At the same time, the traceability of blockchain has also enhanced supply chain transparency, meeting regulatory and ESG requirements. Bitfinex believes that in the future, the focus of tokenization will shift from precious metals to industrial products such as copper and oil, achieving a transition from "product innovation" to "market infrastructure upgrade" by improving collateral efficiency, asset circulation speed, and transparency.

The chairman of the U.S. Commodity Futures Trading Commission (CFTC), Mike Selig, announced the first members of the newly established Innovation Working Group, aimed at providing clear industry rules for American innovators. The working group is led by Mike Selig's senior advisor, Michael Passalacqua, and the first five members include former Latham & Watkins crypto lawyer Hank Balaban, former Patomak crypto and prediction markets advisor Sam Canavos, CFTC legal senior official Mark Fajfar, former Sidley blockchain lawyer Eugene Gonzalez IV, and CFTC Market Participants Division special advisor Dina Moussa.In addition, Mike Selig also released an Innovation Tracker, highlighting the agency's work in advancing regulatory clarity, market integrity, and technological progress, with a primary focus on areas including cryptocurrency and blockchain, AI and autonomous systems, contracts and prediction markets.

According to The Block, Nasdaq-listed company Currenc Group Inc. has commissioned Securitize to tokenize its common stock, a move that will enable features such as around-the-clock trading, fractional ownership, and decentralized finance (DeFi) applications for the stock.Securitize is currently a leading institution in the tokenization space and has recently been entrusted to participate in the construction of the New York Stock Exchange (NYSE) around-the-clock tokenized securities platform.It is worth noting that in the field of on-chain compliant stock issuance, SuperState has previously accumulated a significant amount of business, with institutions such as Galaxy, Forward, and SharpLink choosing to complete on-chain stock issuance through its platform.

According to Cointelegraph, Bitcoin financial services company Swan Bitcoin filed an ex parte application in the Federal Court for the Southern District of New York on Monday, seeking to issue subpoenas to Cantor Fitzgerald and its former CEO Howard Lutnick for key documents related to its failed mining joint venture project.Swan Bitcoin sued several former employees in 2024, accusing them of stealing confidential documents after collectively leaving the company to establish a competing firm, Proton Management, and allegedly persuading Tether to terminate its partnership with Swan in favor of supporting the new company. Swan claims this plan was internally referred to by former employees as the "Rain and Hellfire" plan, primarily orchestrated by former Head of Business Development Michael Holmes and former Chief Investment Officer Raphael Zagury. Swan believes that Cantor Fitzgerald, as Tether's investment banking advisor, may hold key documents related to the low-priced sale of Swan's mining joint venture project 2040 Energy assets to a Tether subsidiary.

According to the company's press release, HYPE Treasury Company Hyperliquid Strategies Inc announced on Tuesday the launch of options trading for its common stock PURR on the Nasdaq options market in the United States, aimed at improving the liquidity and price discovery mechanism of PURR stock. PURR stock provides investors with a capital-efficient way to access Hyperliquid's native token HYPE. Hyperliquid Strategies primarily accumulates HYPE tokens through staking, yield optimization, and ecosystem participation to maximize shareholder value.Hyperliquid Strategies CEO David Schamis stated, "This is an important milestone for the company. PURR options enable our investors to better manage risk and participate in the rapid growth of the Hyperliquid high-performance ecosystem."Schamis pointed out that at the time of the options launch, Hyperliquid is experiencing record growth, thanks to a surge in trading volume of oil perpetual contracts and other tokenized real-world assets. Just six months after its launch, the total open contract volume for the tokenized traditional asset perpetual futures market HIP-3 on Hyperliquid has reached a new peak of $1.74 billion.

According to businesswire, Bitcoin treasury company Empery Digital announced the sale of 4,638,219 shares of common stock at a price of $5.39 per share to raise $25 million. Additionally, it sold 4,638,219 warrants to purchase common stock (valid for four years from the date of issuance), with the new funds intended for repaying repurchase loans.Empery Digital also disclosed that last week it sold 63 bitcoins at an average price of $72,791, bringing its total holdings down to approximately 3,439 bitcoins.

According to Financefeeds, the decentralized derivatives platform Hyperliquid saw a trading volume of approximately $15 billion in the past week, with commodity-related contracts being the main driver of this volume.Perpetual contracts for commodities such as crude oil, gold, and silver continue to dominate the most active trading markets, with crude oil perpetual contracts exceeding $1.2 billion in 24-hour trading volume on certain trading days, and silver perpetual contracts averaging about $1.25 billion in daily trading volume. The platform's total daily trading volume once reached $15 billion, with a significant increase in the share of non-crypto market trading.Hyperliquid's HIP-3 framework allows for the creation of perpetual contracts linked to various assets such as commodities, stocks, and indices, driving trading activity to diversify rapidly from traditional crypto pairs like Bitcoin and Ethereum.

Two co-founders of the Indian cryptocurrency exchange CoinDCX, Sumit Gupta and Neeraj Khandelwal, who received investment from Coinbase, were arrested by the police on suspicion of involvement in a cryptocurrency investment scam. However, according to reports from other local media, the two were only summoned and not arrested.CoinDCX issued a statement saying that the case involves someone impersonating the founders of CoinDCX and defrauding an insurance consultant of 7.1 million rupees (approximately $75,000), and is unrelated to the two founders.

According to Jinshi reports, Federal Reserve Chairman Powell stated that economic growth is robust, and the overshoot in commodity inflation is mainly due to goods and tariffs.

According to Jinshi reports, Federal Reserve Chairman Powell stated that whether we can ignore energy inflation depends on whether we can curb commodity inflation.

According to Aptos officials, the U.S. Securities and Exchange Commission (SEC) has officially recognized APT as a digital commodity, rather than a security.This recognition stems from a joint statement issued by the SEC and the U.S. Commodity Futures Trading Commission (CFTC), with both regulatory agencies making the above statement with full authoritative explanation.