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BlockBeats News, May 18th, Ethereum co-founder Vitalik Buterin commented on the Ethereum state storage issue, stating that even though users store the data themselves, the blockchain only stores the hash, and transactions only include proofs, it is still necessary to store and update the data used to verify the proofs, which eventually is almost as large as the state itself; Vitalik stated that there are solutions to the issue, but they involve a significant number of components and require trade-offs compared to the current Ethereum.Prior to this, DeFi content creator marilyn100x.eth stated that Ethereum faces a state storage problem, where developers make a one-time payment to write data, and nodes bear the long-term storage costs, but EIP-8037 is not a time-weighted rent or continuous fee; instead, it significantly increases the initial gas cost for new contracts, accounts, and storage slots to control state growth during the scaling process.

BlockBeats News, May 18th - Jeffrey Gundlach, CEO of DoubleLine Capital LP and known as the "New Bond King," stated on Fox News' "Sunday Morning Futures" that investors will not see a rate cut at the Federal Reserve's next policy meeting. "In my opinion, when the 2-year U.S. Treasury yield is nearly 50 basis points above the federal funds rate, a rate cut is simply not possible."Gundlach said that Kevin Warsh, recently confirmed as Federal Reserve Chair, took over the position during a "difficult time." Due to the war with Iran pushing up oil prices, which in turn affected the U.S. inflation report, Gundlach predicted that after the Consumer Price Index (CPI) surged by 3.8% in April (the fastest pace since May 2023), this upward trend would continue. Gundlach stated that DoubleLine Capital's model indicates that the next reading for overall CPI will start with a '4'.Regarding the stock market, Gundlach said, "The market (valuation) is very expensive, highly speculative, but earnings continue to outperform expectations, fueling the speculative frenzy."

BlockBeats News, May 18, an open-source data visualization tool Grafana posted on X platform, stating that a unauthorized attacker recently gained access to a token that could access the Grafana Labs GitHub environment and used it to download company code. After investigation, it was confirmed that this incident did not involve any customer data or personal information leakage, and no impact on customer systems or business operations was found. The company promptly initiated forensic analysis, identified the source of the credential leak, invalidated the relevant credentials, and deployed additional security measures to strengthen environmental protection.In addition, Grafana disclosed that the attacker had attempted to extort a ransom to prevent the code repository from being made public. However, the company ultimately decided to refuse to pay the ransom and will release more incident postmortem information after the investigation concludes.

BlockBeats News, May 18th, according to LookIntoChain data, during the market downturn, the BIT whale continued to add to its ETH long positions. The whale's 4 addresses currently hold a total of 120,000 ETH (valued at $254 million), with an unrealized loss of over $17.5 million.The whale had significantly increased its ETH long positions on the 16th.

BlockBeats News, May 18th. According to a CITIC Securities research report, on May 15th, the 10-year U.S. Treasury yield surpassed 4.5% and the 30-year U.S. Treasury yield reached 5.0%, breaking through two key psychological thresholds. At the same time, long-term rates in major developed markets such as the UK, Japan, and Germany followed the upward trend, putting pressure on global risk assets.CITIC Securities believes that the recent rise in interest rates is being driven by a broad-based uptick in U.S. inflation data, the muscle memory of the "Powell Pivot," mounting pressures on U.S. Treasury supply, political turmoil in the UK, and concerns about fund outflows triggered by rising Japanese bond yields. As a global asset pricing anchor, a significant increase in long-term U.S. Treasury rates is expected to lead to a stronger U.S. dollar, a setback for growth stock valuations, downward pressure on precious metals and long-duration credit assets, and liquidity shocks to emerging markets.Previously, the market has continuously ignored oil price and inflation risks. However, in an environment where global oil inventories continue to be depleted, the high levels of oil prices + inflation + interest rates may persist. The key focus going forward will be on developments in the Strait of Hormuz and policy signals after Powell takes office.

BlockBeats News, May 18th. During the Monday morning session, Bitcoin led a plunge in the cryptocurrency market. Within 1 hour, it quickly fell below $77,000, then slightly rebounded, and is now trading at $77,234.09. As a result, the total network saw $527 million in liquidations within a short period.On the other hand, HYPE benefited from the "trade.xyz Pre-IPO Officially Launches SpaceX" announcement and became one of the few mainstream coins to rise against the trend. At the time of writing, it is trading at $45.65, with a 24-hour increase of 4.41%.Subsequently, the Asia-Pacific stock market opened with a general decline. The South Korean KOSPI index plummeted by 3.00% intraday and is now at 7,267.97 points.In terms of news, Trump's reconsideration of launching airstrikes against Iran with Israel has sparked market panic.Samsung Electronics in South Korea will initiate the second round of post-event mediation between labor and management at 10 a.m. local time on the 18th, which may be a key factor affecting the main risk appetite of the South Korean stock market.

BlockBeats News, May 18th, according to Bitget market data, the Japanese and Korean stock markets opened lower. The Nikkei 225 index opened on Monday with a 33.14-point decline, a 0.05% decrease, at 61376.15 points.The South Korean KOSPI index opened with a 106.48-point drop on Monday, a 1.42% decrease, at 7386.7 points.

BlockBeats News, May 18th, according to Onchain Lens monitoring, during the rapid market downturn, a ShapeShift whale entered the market, investing $5.88 million to buy the dip of 2656 ETH.The whale now holds 129,667 ETH, worth $274.78 million.It is worth noting that this whale was previously believed to be associated with ShapeShift founder Erik Voorhees, but the latter has since come forward to deny this.

BlockBeats News, May 18th, with the Bitcoin flash crash briefly dropping below $77,000, causing a total of $527 million in liquidations across the entire network in just under an hour, with long positions accounting for $510 million of the total.Ethereum saw an even bigger drop, dipping below $2,100 momentarily, and is currently trading at $2,127, marking a 2.33% hourly decrease.

BlockBeats Nachrichten, 18. Mai, laut HyperInsight Monitoring erlebte der Krypto-Markt heute Morgen einen Flash-Crash, wobei Bitcoin kurz unter $77.000 fiel und Ethereum kurz unter $2.100. Infolgedessen wurde die "Buddy"-Long-Position auf ETH mit 25-fachem Leverage liquidiert. Er eröffnete jedoch sofort eine neue Long-Position auf ETH.

BlockBeats News, May 18th - Israeli media reported on the 17th that Israeli Prime Minister Benjamin Netanyahu and US President Donald Trump had a phone call that day to discuss the possibility of restarting military action against Iran.Israeli Public Broadcasting Corporation cited a senior Israeli official as saying that Netanyahu and Trump spoke for about half an hour, mainly discussing the possibility of restarting military strikes against Iran. The official stated that if the US resumes military action against Iran, it is expected that the two countries will launch a joint airstrike.Trump, in a phone interview with Axios news website, said that Iran's "time is running out" and warned that if the Iranian regime cannot come up with better terms for a deal, "they will suffer a much greater assault than they have ever seen before." Two US officials said that Trump is expected to convene his senior national security team into the Situation Room on Tuesday to discuss military options.Trump told Axios that he still believes Iran wants to make a deal and stated that he is waiting for Iran's updated proposal, hoping that it will be better than the previous one submitted a few days ago. Trump refused to disclose a specific deadline for negotiations with Iran. (Xinhua News Agency)

BlockBeats News, May 18th, according to Onchain Lens monitoring, Whale "0xF56" sold 1,733 XAUT at a price of 4,520, receiving $7.83 million, then deposited 10.2 million USDC into HyperLiquid, bought 103,636 HYPE, and also opened a 5x leveraged long position in HYPE.Another whale "0x688" deposited 4.87 million USDC into HyperLiquid, bought 102,055 HYPE at a price of $47.75.

BlockBeats News, May 18th, the US Department of Justice announced that Ukrainian national Olena Oblamska, accused of operating the crypto investment platform Forsage, was extradited from Thailand to the United States last week. She appeared in a federal court in Oregon and pleaded not guilty to the charge of "conspiracy to commit wire fraud."The prosecution stated that Forsage operated under the guise of an investment project based on a "smart contract" on the Ethereum blockchain, but was actually a Ponzi and pyramid scheme, involving approximately $340 million. Currently, Olena Oblamska is detained pending trial, with a jury trial scheduled to begin on July 14, 2026. If convicted, she could face up to 20 years in federal prison.

BlockBeats News, May 18th, according to Coinglass data, the total net outflow of BTC from CEXs in the past 24 hours was 5,740.82 BTC. The top three CEXs by outflow volume are as follows:· Coinbase Pro, outflow of 5,457.2 BTC;· Binance, outflow of 1,022.83 BTC;· Gemini, outflow of 503.83 BTC.Furthermore, OKX saw an inflow of 530.1 BTC, ranking first in the inflow list.