🚀 Daily Crypto Market: 3-Minute Brief
📰 Today's News
🔥 Circle Launches Arc Mainnet Whitepaper, Allocates 60% of ARC Token Supply for Ecosystem Development
Circle has released the whitepaper for Arc, its institutional Layer 1 blockchain, planning to launch the mainnet this summer. The company has allocated 60% of the 10 billion ARC token supply towards ecosystem development.
⚡ U.S. Senate Banking Committee Schedules Hearing on Digital Asset Market Clarity Act for May 14
The U.S. Senate Banking Committee has set May 14 for a markup hearing on the Digital Asset Market Clarity Act, marking a critical step for the bill's progression. Polymarket traders now assign a 73% probability for the bill becoming law in 2026, significantly up from 46% at the beginning of May.
📉 Huma Finance Reports Exploit on Polygon v1 Contract, Resulting in $101,400 USDC Loss
Huma Finance announced that its old v1 contract on Polygon was exploited, leading to a loss of 101,400 USDC. The company reassured users that funds on the new v2 contract and other networks remain secure.
📈 Mainstream Asset Performance (24h)
BTC: -0.0% — Bitcoin's price remained stable, trading around $81,420.48.
BNB: +0.9% — BNB saw a modest increase, reaching $661.63.
SOL: +2.4% — Solana experienced notable growth, trading at $96.68.
ETH: -0.8% — Ethereum recorded a slight decline, with its price at $2,331.85.
🚀 Today's Top Gainers (Selected 2–3)
OSMO: +100.4% — Significant increase in trading volume and continuous capital inflow.
GTC: +28.3% — Substantial growth in trading volume and sustained capital inflow.
🎁 Platform Activities & Announcements
🔥 Binance to Launch MEGA and TON Spot Trading Pairs & Trading Bot Services
Binance will list MEGA/U, TON/U, and TON/USD1 spot trading pairs on May 12, 2026, at 16:00 (UTC+8), also enabling trading bot services for these pairs.
⚡ Billions Network Trading Competition: Trade Billions Network (BILL) and Share $200K Worth of Rewards