News

Metaplanet, a Japanese Bitcoin treasury company, is advancing the listing process for its preferred shares, according to Foresight News. This will mark the seventh preferred stock in the Japanese market and the first perpetual preferred stock. The listing review will assess the company's dividend capabilities across various market conditions, considering Bitcoin revenue performance over the past six quarters.

Metaplanet plans to increase dividend distribution frequency post-listing, potentially moving to monthly payments. The company is currently collaborating with partners to enhance infrastructure, ensuring compliance with Japanese regulatory and market practices. Despite the listing process taking longer than anticipated, Metaplanet emphasizes the importance of this endeavor, believing that reliable operating cash flow and a long-term growth strategy can effectively address the yield shortfall in Japan's capital markets.

SoftBank Group has announced that its cumulative paper gains from investments in OpenAI have reached $45 billion as of the end of March. According to Odaily, this figure reflects the significant appreciation in value of its stake in the artificial intelligence company.

JPMorgan is reportedly developing a tokenized money market fund based on Ethereum. According to NS3.AI, Kinexys Digital Assets will manage the fund, which will include U.S. Treasury bonds and ultra-short-term repurchase agreements. The fund is intended to serve as collateral for stablecoin reserves under the GENIUS Act.

Charles Schwab has announced that its Schwab Crypto accounts are now being gradually opened to retail clients. According to PANews, starting today, the initial group of clients can trade Bitcoin and Ethereum alongside other investment products through Schwab.

According to the announcement from Binance, the platform is introducing a new campaign for KGST Simple Earn Flexible Products, offering users the opportunity to earn up to 10% APR during the promotion period. This initiative includes exclusive Bonus Tiered APRs in addition to Real-Time APR rewards. The promotion is set to run from 2026-05-14 00:00 (UTC) to 2026-06-13 23:59 (UTC), with subscriptions available on a first-come, first-served basis.

Users participating in the campaign can expect rewards distribution in two formats: Bonus Tiered APR, which will be credited to users' Spot Accounts daily, starting the day after accrual begins, and Real-Time APR, which accumulates in users' Earn Accounts every minute. The KGST Flexible Products offer a 10% APR, combining both Bonus Tiered APR and Real-Time APR. Subscription limits are set between 1 KGST and 1,000,000 KGST, with tier ranges affecting the APR based on the subscription amount.

To get started, users can purchase KGST through various payment methods, including Visa, Mastercard, Apple Pay, Google Pay, and SWIFT Bank Transfer. Alternatively, users can deposit KGST directly into their Binance account and subscribe to the Simple Earn Flexible Products to begin earning APR rewards. It is important to note that only users who complete identity verification during the promotion period are eligible for rewards, and sub-accounts do not qualify.

Binance emphasizes that changes to the Simple Earn Rewards Rate will be published on the platform periodically. Users are advised to refer to the Binance Simple Earn Terms & Conditions and Risk Warning for detailed information. The platform reserves the right to amend or vary the terms and conditions of the promotion without prior notice, including canceling, extending, or suspending the campaign. Participants are bound by these amendments, and any dishonest behavior may result in disqualification from reward eligibility.

Alibaba has announced that its AI-related product revenue reached RMB 8.971 billion, marking triple-digit year-over-year growth for the 11th consecutive quarter. According to NS3.AI, the company's Cloud Intelligence Group saw a 38% increase in revenue, totaling RMB 41.626 billion for the quarter ending March 31, 2026. Alibaba attributed the accelerated growth in external commercialization revenue, which rose by 40% year over year, primarily to the expansion of its public cloud business and the adoption of AI-related products.

The agenda for Binance Online, set to broadcast live on Binance Square from 11:00 AM UTC on May 13, reads less like a typical conference rundown and more like a map of crypto's most consequential narratives. Four hours of programming pull together voices from Binance leadership, layer-one ecosystems, institutional finance, venture capital, and independent research — a lineup that reflects how rapidly the industry's center of gravity is shifting from speculation to infrastructure.
For builders, investors, and policymakers tracking the next phase, the session themes are as telling as the speakers themselves.
Scaling From 300 Million to 3 Billion Users
The day opens with Binance Co-CEOs Yi He and Richard Teng outlining a "300 Million to 3 Billion" vision — a framing that puts user growth, not price action, at the heart of the industry's next decade. It's a thesis that aligns with where serious capital is positioning: distribution and utility over short-term cycles.
That conversation extends into The Evolution Era, where Teng is joined by Lily Liu of the Solana Foundation and Ripple CEO Brad Garlinghouse to discuss scalability, developer adoption, and the institutional integration now defining the maturity curve.
Where Smart Money Is Actually Going
The capital allocation panel — featuring Chamath Palihapitiya, Binance founder CZ, and Anthony Pompliano — is positioned to be one of the day's most-watched segments. The framing, "Where Smart Money Is Moving Now," signals a focus on emerging narratives, sector rotation, and how sophisticated investors are reading conditions that retail often catches late.
For those building research discipline, the BYOR (Build Your Own Research) framework session with Messari, DL Research, and CoinMarketCap offers a practical counterweight — a reminder that conviction without methodology rarely survives a full cycle.
Bitcoin, Tokenization, and the Institutional Bridge
Two sessions stand out for anyone tracking the convergence of crypto and traditional finance:
Adam Back on Bitcoin's Long Arc
Adam Back, CEO of Blockstream and one of the few names cited in the original Bitcoin whitepaper, will revisit the cypherpunk foundations and discuss Bitcoin's long-term significance — a perspective worth absorbing as ETF flows and sovereign accumulation reshape the asset's identity.
BlackRock on Tokenizing Capital Markets
Rob Goldstein, COO of BlackRock, joins Binance's SVP of Finance Kaiser Ng for a conversation on tokenization — arguably the clearest signal of how the largest asset manager in the world views on-chain infrastructure as core to the future of capital markets.
AI, Stablecoins, and the BNB Chain Roadmap
Nina Rong of BNB Chain leadership will outline priorities around stablecoins, real-world assets (RWAs), and agentic finance — three categories absorbing disproportionate developer attention this cycle. Ella Zhang of YZi Labs follows with a session on the blockchain-AI convergence, while Thomas Gregory, Binance's VP of Payments, addresses what it takes to turn crypto into everyday financial utility.
Why This Event Matters
Beyond the $10,000 in live giveaways and the 3,000 USDC pre-registration reward pool, Binance Online is positioned as a state-of-the-industry briefing. The selection of speakers — spanning Solana, Ripple, BlackRock, Blockstream, and top research desks — suggests Binance is using the platform to frame the conversation, not just host it.
For anyone serious about understanding the forces shaping crypto's next chapter, the agenda is a strong indication of where the smart attention is going. Pre-registration is open on Binance Square.

Alibaba's U.S. shares experienced a brief decline before rising 2.3% in pre-market trading following the release of its earnings report. According to Jin10, the company's financial results have influenced investor sentiment, leading to the observed stock movement.

The global cryptocurrency market cap now stands at $2.69T, down by -0.29% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $79,844 and $81,325 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $81,170, up by 0.52%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include COS, INJ, and MITO, up by 47%, 21%, and 16%, respectively.

Top stories of the day:

Charles Schwab Opens Crypto Accounts to Retail Clients

JPMorgan Plans Ethereum-Based Tokenized Money Market Fund

Crypto News: ETH/BTC Ratio Falls to 10-Month Low — Ether's Underperformance Against Bitcoin Signals Weakening Risk Appetite

Buffett Indicator Hits Record 230% — What the US Stock Market's Extreme Valuation Means for Crypto

Silver Hits Two-Month High at $87 — On-Chain Whale Short Position Just 2.5% From Liquidation

eBay Rejects GameStop's $56 Billion Takeover Bid, Calling It "Neither Credible Nor Attractive"

Market movers:

ETH: $2318.56 (+1.46%)

BNB: $685.14 (+3.89%)

XRP: $1.4639 (+0.56%)

SOL: $95.77 (+0.23%)

TRX: $0.3504 (+0.29%)

DOGE: $0.11279 (+3.16%)

WBTC: $80971.77 (+0.39%)

U: $1.0002 (+0.00%)

ADA: $0.2757 (+0.36%)

XAUT: $4685.24 (-0.17%)

Top gainers on Binance:

COS/USDT (+47%)

INJ/USDT (+21%)

MITO/USDT (+16%)

Sei Labs announced that Sei Network has officially disabled the IBC asset transfer function following a community proposal. According to Foresight News, users holding IBC assets on the Sei Network are advised to transfer their assets cross-chain promptly, as the network plans to further disable IBC asset withdrawal in the future. Sei Labs noted that the Sei v6.4 upgrade in April included a mechanism to disable IBC asset transfers. Wallets holding these assets have previously received airdrop notifications, urging users to complete bridging or exchange operations before Sei fully transitions to an EVM-only architecture. This move indicates Sei's gradual shift away from the original Cosmos IBC ecosystem compatibility towards an EVM chain focus.

KRWQ, a stablecoin pegged to the Korean won, has been launched on the Solana blockchain to facilitate KRW-denominated trading applications. According to NS3.AI, this expansion aims to enhance trading capabilities on the network. Initially listed on EDX Markets in March, KRWQ is available across spot and perpetual markets, including Korean won perpetual futures on EDXM International. However, the stablecoin is not yet available to South Korean investors as regulations under the Digital Asset Basic Act are still being formulated.

OpenAI is currently investigating several service disruptions, according to ChainCatcher. The official status page indicates that the Codex 5.5 engine is experiencing a high error rate, significantly impacting free users. Additionally, all Codex users are facing increased latency with GPT 5.5.

The Realtime API's SIP/WebRTC processes have also been interrupted, with the issue marked as 'under investigation' by OpenAI. These disruptions have persisted for several hours. The impact of these issues varies depending on the subscription level and the models and features being used.

Circle has issued approximately 500 million USDC on the Solana blockchain in the past 24 hours. According to Odaily, this development was monitored by SolanaFloor.

European Central Bank Executive Board Member Elderson has emphasized the need for Eurozone banks to update their resilience plans. According to Jin10, this call to action is in response to the increased risk of severe disruptions caused by Anthropic's Mythos AI tool. Elderson highlighted the importance of preparing for potential challenges posed by advancements in artificial intelligence, urging financial institutions to enhance their strategies to mitigate these risks effectively.

Morgan Stanley has expressed a positive outlook on U.S. stocks, citing the sustainability of corporate earnings and favorable operational leverage as key factors. According to Jin10, the application of artificial intelligence has contributed to these positive dynamics, enhancing operational efficiency and profitability.

Ronin has successfully transitioned to an Ethereum Layer 2 network, significantly reducing its annual RON issuance from 45 million to 5 million. According to NS3.AI, the platform announced that future token issuance will be directed towards builders and developers via a Proof of Distribution reward system. Additionally, Ronin intends to increase marketplace fees as part of its strategy to enhance profitability.

The U.S. Securities and Exchange Commission (SEC) has approved a rule change by the New York Stock Exchange (NYSE) to initiate a three-year pilot program allowing DTCC-qualified institutions to trade stock and ETF tokens. According to NS3.AI, this pilot will include components of the Russell 1000 index and ETFs that track major indices. The tokens will maintain the same tickers as their underlying securities and will offer identical shareholder rights, dividends, trading priority, and fees. Previously, the Depository Trust & Clearing Corporation (DTCC) indicated that trading would commence in July, with an expanded platform expected to launch in October.

Tessera's tokenized exposure to SpaceX on the Solana blockchain reached an implied valuation exceeding $1.5 trillion as of late April, according to founder Chan Ahn. This development highlights the growing interest and investment in tokenized assets within the blockchain ecosystem. According to NS3.AI, the valuation reflects the market's confidence in SpaceX's potential and the innovative approach of using blockchain technology for asset tokenization.

In a separate initiative, BOLTS Technologies introduced a quantum-resilience pilot on the Canton Network in December, aimed at enhancing the security of institutional tokenized assets. This pilot represents a significant step towards ensuring the robustness and security of blockchain-based financial instruments against potential quantum computing threats. The launch underscores the ongoing efforts to integrate advanced technologies into the financial sector, providing a secure and resilient framework for digital asset management.

According to the announcement from Binance, the platform is set to launch a United Stables (U) Trading Tournament, offering eligible users a chance to share a total prize pool of 200,000 U in token vouchers. The promotion period is scheduled from 2026-05-13 10:00 (UTC) to 2026-05-27 10:00 (UTC). Eligibility is extended to all verified new, regular users, and Binance VIP 1 users, while liquidity providers in the Binance Spot Liquidity Provider Program and Binance Brokers are excluded.

The tournament will feature a variety of eligible altcoin trading pairs, including BNB/U, ETH/U, SOL/U, and others. Participants can benefit from an Early Bird Boost Multiplier, which decreases over time, rewarding early trades with higher multipliers. The total trading volume for the competition will be calculated as the sum of the Daily Effective Trading Volume during the promotion period. A leaderboard will display the Total Effective Trading Volume, updated at least once every 24 hours.

To participate, users must register by clicking the 'Join Now' button on the landing page and trade a cumulative amount of at least 500 USD equivalent in any eligible pairs on Binance Spot during the promotion period. The reward structure is based on cumulative trading volume, with the top participant receiving 10,000 U in token vouchers. Rewards will be distributed by 2026-06-10 and must be redeemed within 21 days. Binance reserves the right to disqualify users involved in dishonest behavior and may amend terms and conditions at its discretion. The campaign's commencement is contingent upon the successful listing of the relevant token on Binance Spot.

Metaplanet, a Japanese Bitcoin treasury company, has announced its financial results for the first quarter of the 2026 fiscal year. According to Foresight News, the company reported a revenue of 30.8 billion yen, marking a 251.1% increase compared to the previous year. Operating profit reached 22.67 billion yen, up by 282.5%. However, the company faced a recurring loss of 114.928 billion yen, primarily due to accounting impairments from the decline in Bitcoin prices.

As of March 31, 2026, Metaplanet held 40,177 BTC, with a fully diluted per-share BTC holding increasing by 2.8% from the end of 2025. The company stated that as of May 12, 2026, the market value of its BTC holdings was approximately 514 billion yen, representing about 87% of the total BTC holdings among Japanese listed companies.

Metaplanet has maintained its full-year guidance for the 2026 fiscal year, projecting annual revenue of 160 billion yen, a 79.7% increase year-on-year, and an annual operating profit of 114 billion yen, reflecting an 81.3% growth.

The U.S. Consumer Price Index (CPI) for April, adjusted for seasonal variations, decreased to 0.6%, marking the lowest level since February this year. According to Jin10, this figure aligns with market expectations.

Michael Saylor has projected that Bitcoin could experience an average annual growth of 30% over the next 20 years. According to NS3.AI, Saylor also revealed plans to introduce a Bitcoin capital gains fund. Additionally, he mentioned that Strategy intends to purchase 10 to 20 more BTC for every 1 BTC sold.

Circle, Canton, and Tempo, three prominent blockchain networks, have recently secured significant funding from major industry players such as BlackRock, a16z, and Stripe. According to PANews, these investments highlight a growing interest in the stablecoin and asset tokenization sectors. Additionally, the clarification of regulatory frameworks is creating new opportunities for privacy-focused blockchain networks.

Vietnam's Deputy Minister of Finance announced that the country is considering the official launch of its crypto asset market in the third quarter of 2026. According to NS3.AI, this move is part of Vietnam's broader strategy to integrate digital assets into its financial system. The initiative aims to provide a regulated environment for cryptocurrency trading and investment, aligning with global trends in digital finance. The government is expected to outline specific regulations and guidelines to ensure market stability and investor protection.

US spot Bitcoin ETFs recorded a total net outflow of $233 million on May 12. According to NS3.AI, US spot Ethereum ETFs also saw a net outflow, totaling $131 million. Fidelity's FBTC was the leading Bitcoin ETF in terms of outflows, with $86.13 million, while BlackRock's ETHA led the Ethereum ETF outflows at $102 million.

Chainlink has managed $3 billion in liquidity within a week following a significant attack on Kelp DAO, according to PANews. The incident has led to a substantial migration of assets on the blockchain. In the aftermath, LayerZero faced a trust crisis, prompting the organization to issue an apology and implement corrective measures.

Saudi Arabia's Gulf International Bank (UK), owned by the Saudi government, has increased its holdings in the Bitcoin treasury company, MicroStrategy (MSTR). According to Odaily, the bank's total shares in MicroStrategy have risen to 20,207, valued at $3.76 million.

On May 13, 2026, 02:24 AM(UTC). According to Binance Market Data, BNB has crossed the 680 USDT benchmark and is now trading at 680.5 USDT, with a narrowed 2.55% increase in 24 hours.

Cathie Wood announced on the X platform that ARK Invest has participated in Kalshi's latest funding round. According to Odaily, Wood believes that prediction markets are becoming a new layer of financial infrastructure, enabling real-time price discovery around events, probabilities, and the evolving state of the world. Kalshi is at the forefront of this innovation, and ARK supports the team's efforts to expand the boundaries of information aggregation and expression through markets.

Polygon has announced the completion of a privacy feature upgrade for its Polygon CDK, according to Foresight News. The upgrade introduces a Validium configuration based on the Succinct SP1 Hypercube zero-knowledge proof system. This allows institutions to retain raw transaction data within their own infrastructure while submitting encrypted commitments and zero-knowledge proofs to Ethereum, achieving 'private data, public verification.' The upgrade also maintains liquidity interoperability with Ethereum and other chains through AggLayer.

The upgrade offers five combinable privacy levels, including permissioned access, confidential chains (Validium), trusted execution environments (TEE), fully homomorphic encryption tokens (FHE), and client-side zero-knowledge private transactions. It supports integration with enterprise identity systems such as Okta and Azure AD. The enhancements are primarily aimed at traditional financial institutions like banks, payment companies, and asset management firms planning to transition to blockchain technology.

Bitcoin is encountering resistance around the $82,000 mark, as indicated by the convergence of the upper Bollinger Band at $82,970 and the 200-day moving average at $82,278. According to NS3.AI, BTC/USD has managed to close above the 20-week moving average for four consecutive weeks, suggesting a potential shift in market dynamics.

Japan's international balance of payments data released on Wednesday revealed that Japanese investors sold a net total of 4.67 trillion yen, equivalent to $29.6 billion, in U.S. Treasury, agency, and municipal bonds in the three months ending March 31. According to Odaily, this marks the highest level since the second quarter of 2022. In February, the overnight index swap market indicated that traders initially expected the Federal Reserve to cut interest rates twice this year. However, following tensions between the U.S. and Israel impacting the situation in Iran, crude oil prices surged by approximately 50%, leading to increased inflation expectations and a shift in rate pricing towards a Federal Reserve rate hike.

According to the announcement from Binance, the platform has unveiled new offerings in its Yield Arena, providing users with opportunities to earn rewards through various products. The latest additions include Simple Earn, ETH Staking, SOL Staking, and Dual Investment, among others. These offerings are designed to cater to different investment preferences, allowing users to earn rewards without compromising their initial investments.

**Earn Spotlight Limited-Time Offers**

Eligible users holding at least 0.01 USDe for 24 hours can enjoy a 3.5% APR from 2026-05-08 00:00 (UTC) to 2026-05-14 23:59 (UTC). Additionally, from 2026-05-04 00:00:00 (UTC) to 2026-05-25 23:59:59 (UTC), ETH holders making new subscriptions to ETH Flexible Products can share in 40 million SOPH rewards. Dual Investment subscribers participating in the May Monthly Challenge from 2026-05-04 02:00 (UTC) to 2026-05-31 23:59 (UTC) can earn up to $8,888 in rewards.

**Product Offerings**

Flexible Products include USDT, USDC, ETH, SOL, and SHELL, each with varying APRs and subscription limits. Locked Products feature NXPC, TON, NEAR, ETH, BNB, and SOL, with durations ranging from 60 to 120 days and APRs up to 8.9%. ETH and SOL Staking offer dynamic APRs, while Dual Investment provides high-yield opportunities with multiple settlement dates.

Binance emphasizes that APRs are subject to change without notice and offers are available on a first-come, first-served basis. Users can view their assets under the Earn section and may choose early redemption for Simple Earn Locked Products. Rewards from ongoing Launchpools are automatically distributed to users holding BNB Flexible and Locked Products. Additionally, BNB Simple Earn subscribers can receive airdropped tokens via HODLer Airdrops.

Homeowners who relied on an energy efficiency program to renovate their aging homes and reduce utility costs faced a setback when the Trump administration canceled the initiative. Bloomberg posted on X, highlighting that the program was terminated due to concerns over its alignment with diversity, equity, and inclusion (DEI) principles. The decision has left many homeowners without the anticipated support to improve their homes' energy efficiency, potentially leading to higher utility bills and continued reliance on outdated infrastructure. The cancellation has sparked discussions on the impact of DEI considerations on federal programs and their beneficiaries.

UBS Global Wealth Management has adjusted its forecast for the U.S. Federal Reserve's interest rate cuts. According to Jin10, the firm now expects the Fed to reduce rates by 25 basis points in December 2026 and March 2027. This revision comes after an earlier prediction that rate cuts would occur in September and December of this year.

SoftBank Group announced that it withdrew a total of $20 billion in loans in April, primarily for investment in OpenAI. According to Jin10, $2.5 billion of this amount was repaid within the same month.

On May 13, Mitsubishi UFJ analysts reported that the British pound might face renewed downward pressure due to uncertainties surrounding potential leadership challenges to UK Prime Minister Keir Starmer. According to Jin10, analysts highlighted that this political turmoil is particularly untimely as Middle Eastern conflicts elevate global inflation risks. They suggest that with ongoing and possibly intensifying political uncertainty, the pound may enter a new cycle of weak performance. The bank noted that if Starmer is ousted and a new leader implements more left-leaning policies, the euro-to-pound exchange rate could rise above 0.90.

Former Bank of Japan Governor Haruhiko Kuroda stated that if the conflict in Iran continues, the Bank of Japan may be compelled to accelerate policy normalization and even tighten monetary policy to address inflation. According to Jin10, Kuroda emphasized the potential economic impacts of prolonged geopolitical tensions, suggesting that Japan's central bank might need to adjust its strategies to mitigate inflationary pressures.

The yield on the U.S. 30-year Treasury bond has reached 5.03%, according to Odaily. This level is just 8 basis points shy of a 19-year high, as reported by Bianco Research.