News

Bitcoin mining and AI cloud service provider IREN has successfully completed the issuance of $3 billion in convertible senior notes due in 2033. According to Foresight News, the notes carry a 1.00% interest rate and a conversion premium of 32.5%. The initial offering size was $2.6 billion, with an additional $400 million added after the full exercise of the over-allotment option, resulting in net proceeds of approximately $2.96 billion after deducting related expenses.
The issuance was managed by a consortium of joint bookrunners, including JPMorgan, Goldman Sachs, Citigroup, Jefferies, MUFG, Wells Fargo, and Cantor Fitzgerald. IREN plans to allocate $201.3 million of the proceeds for capped call transactions to hedge dilution risk, with the remaining funds designated for general corporate purposes and working capital.

The U.S. Senate Banking Committee has passed the CLARITY Act with a 15-9 vote. According to Foresight News, Democratic Senator Alsobrooks from Maryland, who voted in favor, clarified that her support was intended to advance negotiations in good faith, not as a commitment to support the bill in the full Senate vote. Alsobrooks emphasized that three core issues need resolution before the full vote: concerns from law enforcement about financial crime oversight gaps, ethical provisions applicable to all elected officials, including the President and Vice President, and negotiations to merge with the Senate Agriculture Committee's version.

Polymarket announced on the X platform that it has become the exclusive prediction market partner for Serie A. According to Odaily, real-time probabilities will be integrated into the football league.

According to the announcement from Binance, the platform is set to launch the MENA Nations Cup - Fan Points Airdrop, a football-themed event where participants can earn a share of 60,000 USDC in rewards. Users are invited to support their favorite teams and complete football-inspired missions to accumulate Fan Points. These points will contribute to unlocking a portion of the airdrop rewards. Participants can engage in an ROI competition alongside their chosen teams, with every action from initial trades to strategic moves contributing to their performance.
The event is divided into several activities, each offering unique opportunities for participants. Activity A, the MENA Nations Cup, allows users to join one of eight teams and compete for a 35,000 USDC prize pool. Participants must trade a minimum of $10,000 on eligible Futures trading pairs during the activity period, which runs from 2026-05-15 08:00 (UTC) to 2026-06-10 23:59 (UTC). Teams and individual participants will be ranked based on ROI performance, with rewards distributed according to their standings.
Activity B focuses on the Fan Points Airdrop, where users can complete various tasks to earn points and compete for a share of a 25,000 USDC prize pool. Tasks include accumulating deposit and trading volumes, completing trades, and referring friends. The accumulated Fan Points will determine each participant's share of the prize pool.
Additionally, Activity C offers a VIP User Exclusive competition, where VIP users can trade a minimum of $200,000 on eligible Futures trading pairs to compete for Binance VIP Merchandise Gift Packs and a 100 USDC token voucher. The top 20 VIP users with the highest PnL will receive exclusive merchandise, while new VIP traders can earn a token voucher reward. The activities are open to regular and VIP users who meet specific criteria and complete identity verification in the MENA region.

Dune has announced a 25% reduction in its workforce this week as part of a strategic restructuring initiative centered on its core cryptocurrency data products. According to NS3.AI, CEO Fredrik Haga stated that the company's investments in artificial intelligence were a significant factor in the decision to implement layoffs. Despite the workforce reduction, Haga emphasized that Dune remains financially robust following its $69.42 million Series B funding round in 2022.

STRC experienced a significant increase in trading volume, reaching $1.561 billion yesterday. According to PANews, this surge coincided with the yields on 10-year and 30-year U.S. Treasury bonds hitting their highest levels in nearly a year. Meanwhile, South Korea's KOSPI index, after surpassing the 8,000-point mark, plummeted by over 6%. Hyperliquid also benefited from multiple favorable conditions during this period.

U.S. President Donald Trump purchased shares in MARA Holdings during the first quarter of 2026, according to filings from the U.S. Office of Government Ethics. According to NS3.AI, the filings reveal that Trump engaged in securities trades totaling between $220 million and $750 million over the period. The disclosure also highlights transactions involving major companies such as Microsoft, Meta, Oracle, Broadcom, Goldman Sachs, Bank of America, Nvidia, Apple, and S&P 500 index funds. However, the documents do not specify the exact prices, transaction dates, or accounts involved.

JPMorgan Chase has submitted an application to the U.S. Securities and Exchange Commission for a blockchain-based money market fund. According to NS3.AI, the fund is designed to cater to stablecoin issuers, utilizing Kinexys Digital Assets infrastructure within a permissioned system on public blockchains. The filing indicates that one or more stablecoin issuers are anticipated to hold fund shares as reserve assets to support their stablecoins.

Major technology companies, including Alphabet and Amazon, are increasingly entering the global bond market to raise funds for artificial intelligence infrastructure and computing power expansion. According to ChainCatcher, this wave of financing has reached a new high in recent years, reflecting the growing demand for long-term capital expenditure by tech giants in the AI race, particularly in the areas of data centers, computing clusters, and cloud infrastructure development.
Analysts suggest that with interest rates remaining high, companies are optimizing their financing structures globally by diversifying currency debt markets to manage funding costs and term risks, thereby strengthening their ability to invest in AI infrastructure.

Ranger Finance, a DeFi project within the Solana ecosystem, is in the process of shutting down, according to a statement by co-founder Cobra on the X platform. According to Odaily, the project has been operating beyond sustainable limits, with founders using personal funds to keep the team running. However, delays in financing led to accumulating bills, and the anticipated funding did not materialize, resulting in the return of raised funds.
Cobra noted that the team attempted to use the remaining two months of operational funds to fairly compensate employees and suppliers, but these efforts were insufficient to cover all expenses. Additionally, treasury liquidation exceeded expectations, severely impacting budget decisions. The subsequent Drift attack further depleted remaining funds and personal capital.
For users affected by the Drift attack, Cobra mentioned that recovery tokens will be provided during the Drift team's future distribution. He also acknowledged that, in hindsight, the team should have closed the project earlier and apologized for the oversight.

B2C2 has obtained a Crypto-Asset Service Provider license from Luxembourg's Commission de Surveillance du Secteur Financier, allowing it to offer regulated over-the-counter spot trading services across the European Union under the Markets in Crypto-Assets (MiCA) framework. According to The Block, this positions B2C2 as the first global OTC liquidity provider authorized under MiCA. The license enables B2C2 to leverage MiCA's passporting regime for cross-border digital asset liquidity. The company previously registered as a virtual asset service provider in Luxembourg in 2024.

Bitcoin's price exceeded $81,000 on May 14, 2026, according to Glassnode data. The MVRV Z-Score, a metric used to assess market tops, remained close to 1, indicating it is far below levels seen during previous cycle peaks. Additionally, Glassnode data reveals that exchange balances are near 3 million BTC, while U.S. spot Bitcoin ETFs hold approximately 1.3 million BTC.

High-end graphics cards and servers are increasingly available on JD.com's self-operated channels. According to Odaily, since May 14, there has been a significant rise in interest for Nvidia H200-related chips and server workstation equipment on the platform. Search volume for Nvidia H200 chips has increased 25 times year-on-year, while searches for Nvidia H200 servers and workstations have grown over 40 times.

London-listed technology firm, The Smarter Web Company, has increased its Bitcoin holdings by 10 BTC, bringing its total to 2,840 BTC. According to Foresight News, this move reflects the company's ongoing strategy to expand its cryptocurrency assets.

Anthropic has released a paper advocating for the United States to implement strategic policy measures to secure a 12-to-24-month lead over China in artificial intelligence (AI) development. According to BeInCrypto, the paper emphasizes the need for the US and its allies to maintain their advantage over the Chinese Communist Party (CCP) by tightening controls on chip smuggling and foreign data center access, clarifying the legality of distillation attacks, and promoting US AI hardware globally. Anthropic warns that AI advancements could soon alter the global power balance, urging immediate action to establish competitive rules.

Bitcoin's recent rally is showing signs of losing momentum, according to Axel Adler Jr. This comes as short-term holders are selling near break-even points after Bitcoin failed three attempts to retest its 200-day moving average, which is close to $82,100. According to NS3.AI, Adler noted that support is positioned near the short-term holder realized price of $77,900, while low trading volume has restricted breakout attempts.

OpenAI CFO Sarah Friar has dismissed legal pressure from Elon Musk as a distraction, emphasizing the company's commitment to developing and expanding its technology. Bloomberg posted on X that Friar highlighted the strong partnership between herself and OpenAI CEO Sam Altman, describing it as a 'yin and yang' dynamic. Friar pairs Altman's curiosity with her focus on execution, funding, and growth, ensuring the company's strategic objectives are met.

Daily trading volume for Strategy's perpetual preferred stock STRC reached an all-time high of $1.5 billion on May 14. According to NS3.AI, based on that volume, the company could raise up to $735.4 million, which is enough to purchase 9,066 BTC.

According to the announcement from Binance, a new limited-time campaign has been introduced for new Binance Cardholders. Eligible participants can receive 50% cashback in tokens on qualifying purchases made between May 15, 2026, and May 31, 2026. The promotion is specifically targeted at users who apply for and use the Binance Card within this period on selected spending categories.
The activity period for this campaign is set from May 15, 2026, 00:00 (UTC) to May 31, 2026, 23:59 (UTC). To qualify, users must apply for a Binance Card and make purchases at any Mastercard-accepting merchant in the specified categories during the campaign period. Once the requirements are met, the cashback will be credited to the user's Funding Account by June 5, 2026, 23:59 (UTC). The maximum cashback reward per eligible user is capped at an equivalent of 10 USD.
The eligible categories for cashback include restaurants, digital goods, software/digital, subscriptions, and groceries. Each participant will receive a $10 reward in tokens upon successfully applying for and being issued a Binance Card and spending with it during the specified timeframe. The reward, distributed in tokens designated by Binance, will be non-transferable and non-exchangeable. It will be distributed within five days after the campaign ends.
Binance emphasizes that the distributed tokens may be subject to price volatility and other risks, and it will not be responsible for any loss in value once the rewards are distributed. The company reserves the right to disqualify any user involved in dishonest behavior or tampering with the program code. Additionally, Binance may amend or cancel the campaign at its discretion without prior notice.

On May 15, Jin10 reported that the Hormuz Strait remains effectively closed, contributing to ongoing inflation concerns. According to Jin10, during the Asian trading session, U.S. Treasury yields increased. Tradeweb data shows that the yield on the U.S. two-year Treasury note reached 4.064%, marking its highest level since February 2025. The yield on the 10-year Treasury note rose to a one-year high of 4.530%, while the 30-year Treasury yield climbed to 5.071%, the highest since July 2025. After reaching these levels, yields slightly retreated but remained 6-8 basis points higher than the previous trading day.

Santiment data reveals that wallets holding at least 1 million ADA now control 25.09 billion ADA, accounting for 67.47% of the total ADA supply, marking the highest level since July 2020. According to Odaily, this accumulation trend has persisted since December 2023, during which ADA's market capitalization has fallen by 71% over the past nine months. Concurrently, Cardano's DeFi total value locked has decreased from a peak of approximately $686 million in December 2024 to $137 million, representing an 80% decline. Daily DEX trading volume stands at $1.95 million, with around 16,000 active addresses on the chain within 24 hours.

India's Ministry of Commerce has reported that the country's gold imports for April amounted to $5.63 billion. According to Jin10, this figure reflects the ongoing demand for gold in India, which is one of the largest consumers of the precious metal globally. The import data is crucial for understanding market trends and the economic impact of gold trading in the region.

The yield on the UK's 10-year government bonds has risen to 5.133%, marking the highest level since 2008. According to Odaily, this increase represents a 14 basis point rise within the day.

U.S. Secretary of State Rubio has stated that if Iran is allowed to possess nuclear weapons, it will have permanent control over the Strait of Hormuz. According to Odaily, this statement highlights concerns over regional security and the strategic importance of the Strait of Hormuz.

Anthropic is reportedly considering joining Japan's cyber defense alliance, according to Nikkei Asia. This move could potentially enhance Japan's cybersecurity capabilities by integrating advanced AI technologies into its defense strategies.

South Korea's Financial Services Commission is set to unveil comprehensive security token regulations this July, with plans for implementation next February. According to NS3.AI, the framework aims to facilitate fractional investment securities supported by pooled assets and outlines a strategy for tokenizing stocks and bonds. Additionally, the measures will increase trading limits on over-the-counter exchanges.

Alt.fun has introduced HyperEVM, a platform that enables the launch of perpetual contract leverage tokens. According to PANews, the pricing of these tokens is driven by both trading volume and leverage fluctuations.

India's Trade Secretary stated that the gold import quota agreed with the United Arab Emirates has not significantly affected the country's overall gold import bill. According to Jin10, this agreement was intended to manage and regulate the import of gold, but its impact on the broader import expenses has been minimal.

Nomura Securities suggests that the Bank of Japan is inclined to raise interest rates in June, partly to address the inflationary risks associated with further yen depreciation. According to Jin10, however, a recent Reuters survey indicates that several economists believe the Bank of Japan might opt to hold off on any action until the situation in the Middle East becomes clearer, as the conflict's negative impact on Japan's economy could be greater than currently anticipated. The situation is delicate and requires careful consideration, but the Bank of Japan has only itself to blame. Over the past year, it had numerous opportunities to raise rates but failed to seize them. Now, with the ongoing U.S.-Iran conflict showing no signs of resolution, the bank finds itself in a challenging position.

U.S. President Donald Trump has completed his state visit to China, departing from Beijing on Air Force One. According to NS3.AI, the visit included discussions on various bilateral issues. CCTV News reported on the departure, marking the end of the diplomatic engagement.

U.S. Treasury yields for two-year and 10-year notes have climbed to 4.05% and 4.5%, respectively, marking 12-month highs. According to NS3.AI, Bitcoin remains below its 200-day average, trading above $82,000. The CME's FedWatch tool indicates a significant shift in market sentiment, with the probability of a December rate hike increasing to over 44%, compared to 22.5% a week ago. This change is attributed to hotter-than-expected April CPI and PPI data, prompting investors to reassess the Federal Reserve's future monetary policy direction.

The United States has rejected a '14-point' written proposal from Iran aimed at ending the war, according to a report by the Tehran Times on the 15th. According to Odaily, the U.S. government responded to the proposal by reiterating its firm stance, particularly concerning nuclear issues. Iran's proposal involved a two-stage negotiation process: the first stage aimed to end the war on all fronts, and if Iran's conditions were met, the second stage would address nuclear issues.

Boeing's stock (BA.N) experienced a 0.32% decline in pre-market trading. According to Jin10, this movement comes amid broader market fluctuations.

The U.S. Senate Banking Committee has advanced the CLARITY Act with a 15-9 bipartisan vote, marking a significant step in cryptocurrency regulation. According to NS3.AI, CoinDesk data indicated that Bitcoin's price surpassed $81,000 following the committee's decision. Additionally, XRP led gains among major altcoins, and Dogecoin also saw an increase. The bill is set to merge with a measure from the Senate Agriculture Committee before proceeding to a full Senate vote and subsequent consideration by the House.

Italy's harmonized consumer price index (CPI) for April was finalized at an annual rate of 2.8%, according to Jin10. This figure is slightly below the expected rate of 2.9% and matches the previous value of 2.9%.

Crypto majors, including XRP and dogecoin, saw gains on Friday following the Senate Banking Committee's approval of the Digital Asset Market Clarity Act in a 15-9 bipartisan vote. This legislative progress comes amid a broader sell-off in risk assets triggered by comments from Donald Trump, who stated that the US does not need to reopen the Strait of Hormuz, according to CoinDesk.

On May 15, South Korean stocks saw a significant drop, ending a five-week streak of gains. According to Jin10, the Korea Composite Stock Price Index (KOSPI) closed down by 488.23 points, or 6.12%, at 7,493.18 points, marking a weekly decline of 0.1%. Earlier in the day, the index had risen by 0.82% to reach a record high of 8,046.78 points. Major stocks such as Samsung Electronics fell by 8.61%, SK Hynix by 7.66%, and battery manufacturer LG Energy Solution by 5.66%. Foreign investors sold off stocks worth 5.6 trillion Korean won (approximately $3.73 billion).
In Japan, the Nikkei index also experienced a sharp decline on Friday, leading to a weekly loss as traders sold off strong-performing tech stocks ahead of the weekend. The Nikkei fell by 2%, or about 1,245 points, closing at 61,409.29 points, after an earlier rise of 0.9%. Advantest, a chip testing equipment manufacturer, was the biggest drag on the index, plummeting by 7.9%. Meanwhile, the Topix index rose by 0.9% for the week, while the Nikkei dropped by 2.1%.

GoPlus Security has identified a novel attack method in its AgentGuard AI project, known as 'memory poisoning,' which manipulates AI agents into executing sensitive operations without explicit authorization. According to ChainCatcher, this attack does not rely on traditional vulnerabilities or malicious code but exploits the long-term memory mechanisms of AI agents. Attackers can induce agents to 'remember preferences,' such as prioritizing refunds over chargebacks, and later use vague instructions like 'handle as usual' to trigger automated financial operations.
GoPlus highlights that the risk lies in AI agents mistaking 'historical preferences' for authorization, potentially leading to financial losses or security incidents during refunds, transfers, or configuration changes. To mitigate these risks, the team suggests several protective measures:
- Operations involving refunds, transfers, deletions, or sensitive configurations should require explicit confirmation in the current session.
- Memory-related instructions like 'habitual,' 'usual method,' or 'as before' should be treated as high-risk state changes.
- Long-term memory must have traceability mechanisms, including the writer, time, and confirmation status.
- Vague instructions should automatically elevate the risk level and trigger secondary verification.
- Long-term memory should not replace real-time authorization processes.
The team emphasizes that the 'AI agent memory system' should be considered a potential attack surface and constrained and audited through a dedicated security framework.

Stablecoin protocol Reflect has launched a new on-chain protection mechanism called Ejector Seat. According to Foresight News, this feature automatically triggers fund withdrawals when warning signals such as surges in utilization, changes in management permissions, or collateral replacements are detected.