News

Google's Threat Analysis Group has confirmed that cybercriminals have used artificial intelligence models to discover and exploit a zero-day vulnerability in a popular open-source web management tool, according to ChainCatcher. This vulnerability allowed attackers to bypass two-factor authentication. Google stated that this marks the first time the company has identified AI-assisted zero-day vulnerability development in a real-world scenario. Before attackers could exploit the vulnerability on a large scale, Google collaborated with the affected vendors to patch the issue. The vulnerability was identified as a logic error, where the software trusted a condition that could bypass two-factor authentication. Unlike traditional scanners that search for crashes or erroneous code, AI analyzed the software's expected functionality and detected logical inconsistencies, enabling attackers to bypass security checks without compromising encryption.

Kim Sang-hoon announced plans to advance discussions on a fundamental digital asset act centered around stablecoins following the forthcoming local elections. According to NS3.AI, the bill was initially set for debate in a National Assembly subcommittee today but was subsequently taken off the agenda.

Microsoft set a target to achieve a $92 billion return from its early significant investment in OpenAI, according to Bloomberg. This information was revealed during a court hearing on May 11 in Oakland, California, involving a lawsuit filed by Elon Musk against OpenAI and Microsoft. Microsoft CEO Satya Nadella stated in court that the investment was successful because the company took on the associated risks.

Marathon Digital Holdings (MARA) has announced its financial results for the first quarter, revealing a revenue of $174.6 million, which marks an 18% decrease compared to the same period last year. According to NS3.AI, the company emphasized that bitcoin mining continues to be its core operational focus. The net loss for the quarter expanded to $1.3 billion, largely attributed to unrealized losses on the 38,689 BTC held on its balance sheet. In an effort to manage debt and improve financial flexibility, MARA sold approximately $1.1 billion worth of bitcoin towards the end of the quarter.

Telegram founder Pavel Durov announced on the X platform that the development efficiency of TON has increased tenfold. According to Odaily, the new toolchain, acton, simplifies the creation, testing, and deployment of smart contracts and is fully AI-ready. This toolchain replaces TON's previous fragmented tool stack, creating a unified development process.

OpenAI has announced plans to acquire the consulting firm TOMORO to establish a private equity joint venture. According to Jin10, this strategic move aims to expand OpenAI's influence in the financial sector by leveraging TOMORO's expertise. The acquisition is expected to enhance OpenAI's capabilities in providing AI-driven solutions to private equity firms, marking a significant step in its business diversification efforts.

Bitcoin Ordinals browser Ord.io announced on the X platform that it will cease operations on June 1. According to PANews, the platform, launched three years ago, has served over one million users. The team plans to upload the complete history of likes, replies, and public address data to GitHub, allowing future developers to build related Ordinals browsing tools based on this data.

According to the announcement from Binance, the exchange has revised its rebate structure for Binance Link clients, introducing tier adjustments based on trading volume and user activity. To qualify for rebates of up to 50%, clients must meet specific thresholds for average monthly trading volume and the average number of active trading users over a quarterly period. The tier system includes Bronze, Silver, and Gold levels, each with distinct requirements and benefits.

The Bronze tier requires a spot volume of at least 40,000 USDT or futures volume of 80,000 USDT, with a minimum of 10 spot users or 5 futures users. Silver tier clients must achieve a spot volume of 40,000,000 USDT or futures volume of 200,000,000 USDT, alongside 40 spot users or 20 futures users. The Gold tier demands a spot volume of 200,000,000 USDT or futures volume of 1,000,000,000 USDT, with 200 spot users or 100 futures users. Rebates for the Spot OMS Toolkit range from 40% to 50%, while Futures OMS Toolkit rebates remain at 30% across all tiers.

Binance Link clients will receive updates on tier adjustments at the beginning of each quarter. Newly onboarded clients will have a fixed rebate period of three months without participating in tier reviews. Rebates are applicable only to trades completed by regular and VIP 1-2 users, and clients are prohibited from distributing these rebates to their users. Binance reserves the right to amend rewards or disqualify clients if fraudulent activity is detected. For inquiries, users can contact link@binance.com. The announcement emphasizes that discrepancies may exist between the original English content and translated versions.

Consensys has submitted a comment letter to the U.S. Securities and Exchange Commission (SEC) regarding the latest interpretive framework for crypto assets. According to ChainCatcher, Consensys expressed concerns that the framework might create regulatory gaps, leading to compliance uncertainties for self-custody wallet providers like MetaMask.

The company has requested that the SEC consider a targeted safe harbor or other exemptions to clarify that self-custody, user-driven interfaces supporting transactions of non-security crypto assets, which may involve investment contracts, do not need to register as broker-dealers.

Consensys emphasized that this move is intended to ensure that U.S. users can continue to access open and neutral peer-to-peer blockchain tools.

OpenAI is projected to save $97 billion by 2030 as part of its latest agreement with Microsoft, according to The Information. This significant cost-saving measure is expected to enhance OpenAI's financial efficiency over the coming years.

Stream Finance announced on Platform X that it is seeking ways to maximize the value of assets for customers and creditors. According to Odaily, the goal is to integrate, liquidate, and distribute assets prudently and swiftly. The team is considering several strategic alternatives that require the involvement of customers and creditors, with more details expected in the coming weeks. Inquiries can be directed to Jeremiah Ledgwidge at Cooley LLP.

In November last year, Stream Finance reported a loss of $93 million in assets and subsequently suspended withdrawals, leading to a significant de-pegging of XUSD.

CleanSpark has released its financial results for the first quarter of fiscal year 2026. According to ChainCatcher, the company reported a revenue of $136.4 million, marking a 24.9% decrease compared to the same period last year. The net loss for the quarter was $378.3 million, up from a net loss of $138.8 million in the previous year. The adjusted EBITDA stood at negative $241.2 million.

The company also highlighted a doubling of its contracted power capacity year-over-year, including 585 MW approved by ERCOT. Additionally, CleanSpark's Bitcoin holdings increased by 14% year-over-year, with average monthly hash rate growing by 18%.

As of March 31, 2026, CleanSpark held $260.3 million in cash, Bitcoin assets valued at $925.2 million, and total assets amounting to $2.9 billion.

Anthropic has updated a statement originally released in February regarding unauthorized sales and investment scams involving its stock. According to Odaily, the company emphasized that any sale or transfer of Anthropic stock not approved by its board, or any disposition of stock rights, is invalid and will not be recognized in the company's records. Additionally, Anthropic does not permit special purpose vehicles (SPVs) to hold its stock, rendering any stock transfers to SPVs invalid.

Following this announcement, the pre-market stock token for Anthropic on PreStocks experienced a significant drop, currently priced at $1023.9, marking a 24.94% decline in a single day.

On May 12, a significant transfer of ONDO tokens was observed. According to BlockBeats On-chain Detection, the Ondo project's multi-signature address transferred 150 million ONDO tokens seven hours ago. Subsequently, 21.338 million ONDO tokens were moved to centralized exchanges (CEX) one hour ago.

A summary of opinions from the Bank of Japan's April meeting reveals that one member emphasized the need for the central bank to act decisively in raising interest rates if inflation risks increase. According to Jin10, this statement highlights the ongoing concerns within the Bank of Japan regarding potential inflationary pressures and the necessity for a responsive monetary policy approach. The member's remarks underscore the importance of vigilance in monitoring economic indicators to ensure price stability.

South Korea's National Policy Committee subcommittee has postponed discussions on a proposed basic act concerning digital assets, excluding it from today's finance legislation agenda. According to NS3.AI, the subcommittee will still address the Capital Markets Act during the meeting. This marks the final meeting for the subcommittee in the first half of the year. Deliberations on the digital asset bill are anticipated to resume only after a new parliamentary session is established following the June 3 local elections.

The U.S. House Ways and Means Committee is set to conduct a closed-door bipartisan briefing on cryptocurrency taxation this Thursday. According to ChainCatcher, the meeting aims to address the complexities and implications of taxing digital assets. This initiative reflects ongoing efforts by lawmakers to better understand and regulate the rapidly evolving cryptocurrency market.

CoinMarketCap's Altcoin Season Index has decreased by two points, reaching a level of 49. According to NS3.AI, this index is used to assess whether altcoins are performing better than Bitcoin.

On May 12, a substantial movement of LAB tokens was detected. According to BlockBeats On-chain Detection, 100 million LAB tokens were transferred from a centralized exchange (CEX) to on-chain addresses within the last 10 hours. This amount represents approximately 32% of the total circulating supply of LAB.

Additionally, it was noted that a similar large-scale transfer of the token RAVE occurred previously, also from the same CEX to on-chain addresses. The method of sourcing gas for these transactions was remarkably similar, suggesting that the same group may be behind both the RAVE and LAB token movements.

Fluid announced on Platform X that damage to Resolv infrastructure has resulted in approximately $21 million in bad debt. According to Odaily, a solution has been devised to address the remaining $19.3 million in debt: Resolv will cover about $9.7 million, Fluid's governance treasury will handle $8.2 million, and the Fluid team will take on $1.5 million. Fluid has destroyed all remaining USR tokens within the protocol at the contract level, allowing users to exchange them directly through Resolv.

To ensure long-term sustainability, Fluid will pause token buybacks, significantly reduce or eliminate FLUID token incentives, and the foundation will halt its monthly $250,000 grant from March to June. Additionally, its Solana DEX is expected to launch within six weeks.

AI and Web3 travel platform Staynex has announced its agreement to acquire AI-native corporate travel software company Helix. According to ChainCatcher, the specific terms of the transaction have not been disclosed. Following the acquisition, Helix founder Gus Fraser will join Staynex as the Chief Artificial Intelligence Officer (CAIO).

Helix's platform is designed around features such as conversational booking, real-time policy enforcement, expense visualization, and carbon emission reporting. This acquisition marks Staynex's expansion from consumer travel services into the corporate travel management sector, encompassing travel search, booking, compliance governance, and payment operations.

Initially, the integration will focus on Helix's conversational booking, policy engine, and sustainability reporting capabilities. Staynex plans to incorporate Helix's core intelligent technologies into its existing B2C AI travel assistant to enhance personalized itinerary planning and booking efficiency, while also advancing the company's internal business functions towards AI-native development.

Griff Green, a member of the Arbitrum Security Council, emphasized that blockchains depend on social consensus and are not entirely immutable. According to NS3.AI, Green's perspective was influenced by his early involvement with The DAO. He referenced a recent incident where Arbitrum utilized a multi-signature approach to freeze funds during a crisis, illustrating the importance of social consensus in blockchain operations.

U.S. and European stock index futures experienced a downturn. According to Jin10, S&P 500 futures fell by 0.2%, while Nasdaq futures dropped by 0.4%. In Europe, the Euro Stoxx 50 futures decreased by 0.7%, Germany's DAX futures declined by 0.8%, and the UK's FTSE 100 futures fell by 0.9%.

Spot Solana ETFs experienced significant net inflows of $39.23 million last week, marking their most robust weekly performance since February. According to NS3.AI, this influx of capital coincided with a 15% increase in Solana's price over the past seven days, reaching $97.

U.S. President Donald Trump is set to undergo his annual medical examination at a hospital near Washington on May 26, according to a statement from the White House released Monday night. Bloomberg posted on X that this routine checkup is part of the President's regular health assessments. The White House has not disclosed further details about the specific hospital or the nature of the examination. This medical checkup follows the standard procedure for the President's health monitoring, ensuring he remains in good health while in office.

Lenovo Group (00992.HK) shares fell more than 3% on the Hong Kong Stock Exchange. According to Jin10, the trading volume exceeded 250 million Hong Kong dollars.

RKC experienced a significant drop of 90% after Roaring Kitty deleted a post, causing concern among investors. According to NS3.AI, this event has led to heightened volatility in the market. In other news, Circle has introduced Agent Stack, a toolkit designed to enable AI agents to make autonomous payments. This development is expected to enhance the functionality and efficiency of AI-driven financial transactions.

A trader incurred a significant loss after investing in RKC tokens. According to Odaily, the trader spent $250,900 to purchase 31.15 million RKC tokens. Following a post deletion by @TheRoaringKitty, the price of RKC fell, leading the trader to sell all 31.15 million tokens for $62,200, resulting in a loss of $188,600.

The KOSPI index in South Korea has seen a notable decrease, with its intraday losses expanding to 5%, according to Odaily. The index is currently reported at 7,423.16 points.

On May 12, 2026, 01:38 AM(UTC). According to Binance Market Data, BNB has dropped below 660 USDT and is now trading at 659.76001 USDT, with a narrowed narrowed 0.50% increase in 24 hours.

On May 12, 2026, 01:36 AM(UTC). According to Binance Market Data, Bitcoin has dropped below 81,000 USDT and is now trading at 80,949.65625 USDT, with a narrowed 0.68% decrease in 24 hours.

The USD/JPY exchange rate increased by 0.2% today, reaching 157.50. According to Jin10, Japan's Finance Minister Satuki Katayama declined to comment on the possibility of the Bank of Japan raising interest rates in June.

According to Jin10, CME's FedWatch tool indicates a 97.7% probability that the Federal Reserve will keep interest rates unchanged by June, with a 2.3% chance of a cumulative 25 basis point rate cut. By July, the probability of maintaining the current rates is 94.6%, while the chances of a cumulative 25 basis point cut stand at 5.4%, and a 50 basis point cut at 0.1%.

Hong Kong stocks opened with gains today, with the Hang Seng Index rising by 0.34% and the Hang Seng Tech Index increasing by 0.45%. According to Jin10, Kuaishou Technology (01024.HK) saw a significant rise of approximately 10% at the opening.

Japan's Finance Minister Satuki Katayama stated that it is difficult to make a judgment regarding the outlook for June. According to Jin10, she mentioned that she cannot comment on the possibility of the Bank of Japan raising interest rates in June.

The win probability for the New York Yankees in the 'New York Yankees vs. Baltimore Orioles' event on the prediction market Polymarket has experienced a significant drop. According to ChainCatcher, the probability for the Yankees to win fell sharply from 79% an hour ago to 10.5%, marking a fluctuation of 68.5%. This dramatic change suggests the influence of recent developments on the market.

CleanSpark reported a net loss of $378.3 million in the second quarter, marking a 173% increase from the $138.8 million loss recorded in the same period last year. According to NS3.AI, the loss was significantly impacted by a $224.1 million impairment charge on Bitcoin holdings. As of March 31, CleanSpark valued its Bitcoin holdings at approximately $925.2 million. Additionally, revenue from Bitcoin mining decreased by about 25% year over year, totaling $136.4 million.

The EF's Protocol team, previously known as Protocol R&D, is the primary group tasked with designing and developing the Ethereum base layer, according to The Block. This team plays a crucial role in the ongoing evolution and enhancement of Ethereum's foundational infrastructure.

21Shares announced it will list its spot Hyperliquid ETF, THYP, on Nasdaq on May 12, providing brokerage clients with regulated exposure to the native token of the Hyperliquid perpetuals trading network, according to BeInCrypto. The fund, structured as a grantor trust, allows the sponsor to stake HYPE for yield while maintaining passive price exposure. Custody is managed by Anchorage Digital Bank and BitGo Bank & Trust, with cold storage backed by up to $350 million in insurance. The ETF charges a 0.30% annual sponsor fee, paid in HYPE, and tracks the FTSE Hyperliquid Index. Hyperliquid's HYPE token surged to $42.071 following the announcement.

U.S. President Donald Trump, during a dinner at the White House Rose Garden, inquired about the potential Republican presidential candidate for 2028. According to Odaily, he asked attendees whether it would be JD (Vice President Vance) or someone else, expressing uncertainty. He then sought opinions on support for Vance and Rubio, suggesting they might make a good team.