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BlockBeats News, May 13th - At the Tencent Shareholders Meeting, Chairman and CEO Pony Ma gave the most candid response to date to doubts from the outside world about whether Tencent's AI is lagging behind. He said, "A year ago, we thought we had boarded the ship, but later found that the ship was leaking. Now it feels like we are standing on it, but can't sit down yet. We still hope the ship can speed up." Pony Ma admitted the company's turbulent journey in the field of artificial intelligence and humorously depicted the current situation: on board but not seated firmly.Pony Ma also emphasized that Tencent may not necessarily be the quickest in seizing opportunities in the industry, but it insists on taking the right path, leveraging its unique strengths and advancing steadily. He said, "We cannot just casually cross over to where others are doing things and grab their territory. In the past, we also tried to grab territory, but in the end, we mostly failed." (WallStreetCN)

BlockBeats News, May 13th. Japanese Bitcoin Treasury company Metaplanet announced its first quarter performance for the 2026 fiscal year: revenue was ¥3.08 billion, a year-on-year increase of 251.1%; operating profit was ¥2.267 billion, a year-on-year increase of 282.5%; net loss was ¥114.928 billion, primarily due to an accounting impairment related to the Bitcoin price drop.As of March 31, 2026, Metaplanet holds 40,177 BTC, with a fully diluted per BTC share amount increasing by 2.8% compared to the end of 2025. The company stated that as of May 12, 2026, the market value of its BTC holdings was approximately ¥514 billion, accounting for about 87% of the total BTC holdings of Japanese listed companies.Furthermore, Metaplanet maintains its unchanged full-year 2026 performance guidance, expecting a full-year revenue of ¥16 billion, a year-on-year increase of 79.7%; and a full-year operating profit of ¥11.4 billion, a year-on-year increase of 81.3%.

BlockBeats News, May 13th – Yesterday, OpenAI and Anthropic almost simultaneously released/updated official policies on their websites, clearly stating that all unauthorized equity transfers are invalid. This includes direct trades, SPV (Special Purpose Vehicle) shares, tokenized ownership, and futures contracts.Both parties stated that the so-called "equity transfers" will not be recognized in the company's books and records, and buyers will not receive any shareholder rights. Unauthorized transfers "will not be acknowledged by the company and do not carry any economic value."This significant move quickly impacted the secondary market. Tokenized products on platforms like PreStocks (Jupiter's Pre-IPO market) were hit first. The price of Anthropic's token plummeted by about 40% within 24 hours, implying a significant valuation drop; the corresponding product from OpenAI also fell by over 30%. Traditional secondary markets experienced panic, and although crypto Pre-IPO perpetual contracts are purely derivative instruments (not representing actual equity), market sentiment still caused significant fluctuations in trading.OpenAI and Anthropic are not strictly prohibiting "equity transfers." According to The Wall Street Journal, in a recent funding round, OpenAI allowed each employee to sell shares worth up to $30 million. In October last year, over 600 current and former employees collectively sold their shares, realizing a total of $6.6 billion. Additionally, Bloomberg reported in February this year that Anthropic is planning an employee tender offer, valuing the company at least $350 billion, consistent with the valuation from the concurrent financing round. Eligible current and former employees are allowed to sell some vested shares.Therefore, the core purpose of this action may be to firmly control the equity structure, avoid "shadow shareholders" taking control, and clear obstacles for a potential 2026 IPO (the secondary market had previously hyped the valuation far above the official level, affecting IPO pricing and roadshow narrative). By standardizing equity transfer practices, the policy aims to reduce unauthorized secondary trading's disruption to the shareholder registry and valuation narrative, while also mitigating U.S. securities law risks, combating fraudulent SPV schemes, and protecting early employee investors' interests.This move signifies a new "strict regulation" phase for AI private equity, with the premium space of crypto Pre-IPO products expected to be further squeezed.

BlockBeats News, May 13th, the International Energy Agency (IEA) warned on Wednesday that global oil inventories are declining at a record pace, and the ongoing turmoil caused by the Iran war could lead to further spikes in oil prices. In April, crude oil and refined product inventories are falling at a rate of nearly 4 million barrels per day—equivalent to the total consumption of the United Kingdom and Germany—potentially weakening countries' ability to cope with supply shocks.The report stated: "Due to unprecedented interruptions in Middle Eastern oil supply, global oil inventories are declining at a record pace." "With ongoing disruptions, the buffer space is rapidly shrinking, which could foreshadow a surge in future prices." (FXStreet)

BlockBeats News, May 13th, according to LookIntoChain monitoring, the US-listed company KULR Technology is suspected of selling BTC. 3 hours ago, the company transferred 300 BTC to Coinbase Prime, worth approximately $24.36 million.According to KULR's previous disclosure, as of July 9, 2025, the company had spent approximately $101 million to purchase 1,021 BTC, with an average purchase price of around $98,627. Based on the current price, the company's BTC holdings have an unrealized loss of about $17.8 million.

BlockBeats News, May 13, according to Coinbob Popular Address Tracker, in the past week, HYPE has been continuously retracing from its peak, with a weekly decline of 10.7%, falling today to around $40. The largest HYPE short holder on Hyperliquid, known as "Loracle," has continued to benefit from this round of decline, with unrealized gains now standing at $2.07 million and a daily profit of $1.28 million.Currently, "Loracle" is shorting 1.2432 million HYPE with 5x leverage, with a value of approximately $49.92 million, an average price of $41.8, and completed the position after adding to it on May 10.In addition, the largest long holder, rumored to be the "HYPE listing insider trading whale," is still holding a significant HYPE long position. They are currently longing 1.38 million HYPE with 5x leverage, with a value of around $55.4 million, an average price of $38.67, and a liquidation price of $36.29.Addresses: 0x8def9f50456c6c4e37fa5d3d57f108ed23992daeAddress: 0x082e843a431aef031264dc232693dd710aedca88

BlockBeats News, May 13th, Binance announced the full agenda for the Binance Online Summit on May 13th. The event will be live-streamed today at 19:00 on Binance Square, lasting over 4 hours.This event will cover topics such as Binance's future development, crypto market trends, Bitcoin, BNB Chain roadmap, AI, and asset tokenization. Speakers include CZ, Binance Co-CEO He Yi, Richard Teng, as well as Ripple CEO Brad Garlinghouse, Solana Foundation Chairperson Lily Liu, Blockstream CEO Adam Back, and others.He Yi and Richard Teng will participate in the "From 3 Billion to 30 Billion: Binance's Next Stage" session, where Binance's management will share their vision for driving global expansion in the crypto industry and how the platform and the industry are evolving to serve the next wave of user growth. CZ will participate in the "Current Flow of Smart Money" session, discussing the current fund flows, which market narratives are gaining traction, and how top investors interpret the current market.

BlockBeats News, May 13th - ARK Invest CEO Cathie Wood, also known as "Wood-ette," announced that ARK is excited to participate in Kalshi's latest funding round. She believes that the prediction market is becoming a powerful new financial infrastructure that enables real-time price discovery around events, probabilities, and changes in the world's state.Cathie Wood stated that Kalshi is at the forefront of this innovation, and ARK is pleased to support such a team that is constantly pushing the boundaries of how the market aggregates and expresses information. She congratulated them on reaching this significant milestone.Previously reported on May 7th, Kalshi announced the completion of a new $1 billion funding round, led by Coatue Management with participation from ARK Invest, among others, bringing the post-investment valuation to $22 billion. This is the company's third funding round in the past 7 months, with the valuation roughly doubling after each new round of funding. Currently, Kalshi has approximately 2 million monthly active users, an annualized trading volume of $178 billion, and annual revenue exceeding $1.5 billion.

BlockBeats News, May 13th, SoftBank Group announced an unexpected increase in quarterly profit, mainly due to the valuation uplift of its investment in OpenAI. The net profit for the fourth quarter reached 1.83 trillion Japanese yen ($16 billion), while the average analyst expectation was 295.2 billion yen. The valuation uplift of OpenAI boosted SoftBank's performance, while the Middle East conflict disrupted the market. During this period, stock prices of SoftBank's major publicly listed companies, including Coupang and Grab Holdings, all experienced declines, impacting the company's earnings. SoftBank's founder, Masayoshi Son, has been selling off shares and increasing SoftBank's debt burden to fund its expanding investments in the artificial intelligence sector.SoftBank Group stated that as of the end of March, the accumulated unrealized gains from its investment in OpenAI amounted to $45 billion. Son unveiled ambitious plans involving billions of dollars in data center investments, while pledging to increase SoftBank's total investment in OpenAI to $64.6 billion by the year's end. (Jinse Finance)

BlockBeats News, May 13th, according to GMGN monitoring, the market cap of the Solana ecosystem Meme coin MAGA surged 52% today, reaching a high of $9.3 million, currently trading at $8 million, with a 24-hour trading volume of $1.8 million.It is reported that U.S. Congressman Eric Burlison revealed in yesterday's program that the White House plans to release a batch of new documents approximately every two weeks. This is slightly faster than the "every few weeks" previously described by officials, with 6 days since the last release.Since April 17th, when former President Trump publicly stated his intention to release government files related to UFOs, UAPs, and potential extraterrestrial life, the token reached a high market cap of $33 million, but experienced a significant decline after the recent first round of UFO file releases.BlockBeats reminds users that Meme coin trading is highly volatile, heavily influenced by market sentiment and speculative concepts, with no real value or use case. Investors should be aware of the risks.

BlockBeats News, May 13th, CryptoQuant analyst Darkfost posted an article stating that despite the challenges posed by the US-Iran conflict and inflationary pressures, the altcoin market has recently shown signs of recovery. He pointed out that after experiencing a more than 50% overall pullback, the altcoin sector is gradually regaining activity. This round of adjustment is not only affected by BTC's retracement but also related to market token dilution. Currently, there are about 51 million altcoins in the market, with 46% deployed on Solana, 36% on Base, and 10% from the BNB Smart Chain.He pointed out that the recent performance of altcoins listed on Binance has recovered to levels not seen since September 2025. Currently, about 21% of altcoins listed on Binance have retested the 200-day moving average, compared to only 2% of tokens maintaining this key technical level back in February.Darkfost believes that this indicates a gradual resurgence of interest in altcoins in the market, which is an important signal for investors seeking to allocate to altcoins. However, he also emphasized that it is still too early to determine if the "altcoin season" has begun, as market liquidity remains limited.

BlockBeats News, May 13, according to GMGN Monitor data, the Solana-based space dog ASTEROID surged again this morning, with a peak market cap exceeding $18 million, currently around $15 million. Against the backdrop of a continuous price increase, the price of ASTEROID on the Ethereum chain has been declining during the same period, down 38% on a weekly basis, but the market cap remains high at $120 million.Meanwhile, the controversy on social media has escalated, mainly focusing on: the Ethereum chain taking early small donations, cashing out after a recent sharp increase in token value, but failing to provide substantial help to the girl. Can this charitable narrative support a market value of over a billion dollars?It is reported that during the initial token issuance in 2024, the Ethereum community received about 0.5% of the total supply (approximately 2.1 billion tokens). However, the token remained in a slump before the girl's death (January 26, 26), with a holding value equivalent to only about $100, and donations were minimal.Recently, influenced by the Musk effect and the SpaceX mascot concept, ASTEROID saw a rapid increase in market value due to its "OG Elder" status. The aforementioned early tokens were then sold for $676,000, with the proceeds donated to St. Jude Children's Research Hospital. Some critics believe that while this action aligns with the girl's wishes, it did not provide substantial assistance during her lifetime.Currently, the Solana community continues to donate directly to the girl's mother through transaction fees, with the total reaching $270,222 as of the time of writing. The Ethereum community has yet to follow up with new substantial charitable initiatives. The uniqueness of its charitable narrative is constantly being diluted by the ongoing actions of the Solana community. However, under the dual endorsement of Musk's personal influence and the SpaceX mascot, it remains the core anchor supporting the high market value of ASTEROID on the Ethereum chain.BlockBeats reminds users that Meme coin trading is highly volatile, heavily reliant on market sentiment and concept hype, without actual value or use case. Investors should be aware of the risks.

BlockBeats News, May 13th. CPI data shows that energy price shock is reemerging as a dominant factor in the U.S. inflation structure, and is beginning to spread to the housing, services, and consumption sectors. The latest U.S. April CPI year-on-year increase rose to 3.8%, higher than market expectations, reaching a new high since May 2023; while the core CPI year-on-year increase rose to 2.8%, also exceeding expectations. This indicates that despite the Federal Reserve maintaining high interest rates over the past two years, U.S. inflation has not truly returned to a stable state. Instead, there are signs of a re-warming due to the Middle East conflict and energy supply risks.The biggest driving force behind this inflation remains energy. Energy prices in April saw a 17.9% year-on-year increase, with gasoline prices soaring by 28.4% and fuel oil skyrocketing by 54.3%, indicating that the risks in the Strait of Hormuz and the Middle East supply chain issues have begun to significantly impact the U.S. economy. While some institutions believe that the current energy shock has not yet fully spilled over into all goods, the market is beginning to notice that inflationary pressures are no longer limited to oil prices alone. Housing costs rose by 0.6% in a single month, while clothing, household goods, and airfare prices rose simultaneously, indicating that companies have begun to gradually pass on higher energy, transportation, and import costs to consumers.This is also the market's biggest concern. If energy prices are just a short-term fluctuation, the Federal Reserve can still choose to ignore them. However, when housing, services, and core consumption are simultaneously under pressure, it indicates that the U.S. may be re-entering a phase of "structural reflation." In particular, core services prices increased by 0.45% in a month, reaching one of the highs for this year, showing that internal demand and cost pressures have not truly cooled down. Even if the Strait of Hormuz reopens in the future and oil prices fall, the "long-tail effect" of inflation may still persist for several months through transportation, food, and rent.Against this backdrop, the market is beginning to see a clear shift in the Federal Reserve's policy path. Interest rate futures have repriced the possibility of rate hikes in the future, with additional rate hike expectations even emerging by the end of the year. Federal Reserve officials have also significantly turned hawkish recently, with Gulsbee stating that the inflation data is "disappointing" and believing that the U.S. economy may still be overheated. Goldman Sachs further stated that "sustaining high rates for longer" is becoming the market's main theme, and the energy shock and economic resilience will drive the U.S. dollar to remain strong, while U.S. bond yields may continue to stay high.On the other hand, another noteworthy new theme in the market is the formal financialization of AI computing power. The CME Group announced the preparation for the launch of the world's first GPU computing power futures market, indicating that the market has begun to view AI computing power as a new strategic commodity similar to oil and metals. This reflects the ongoing expansion of global AI capital expenditure, with GPU, CPU, and memory demand forming a new long-term capital cycle.In the crypto market, although BTC is currently still in a state of fluctuation, the market structure may be suppressed by the "prolonged high rates" and "strengthening of the U.S. dollar." If oil prices and inflation continue to remain high in the future, U.S. bond yields and the U.S. dollar may rise further, leading to a contraction in market risk appetite. The real change in the current market is that the world is gradually moving away from the past two years of "anti-inflation trades" and transitioning towards a new inflation era that re-prices energy, geopolitics, and supply chains.

BlockBeats News, May 13th, according to CoinGecko data, in the past 24 hours, the trading volume on the Upbit platform has increased by 1.5%, reaching a total of $10.58 billion. Among them, the XRP/KRW trading pair takes the lead with 10.57% share, achieving a 24-hour trading volume of $1.12 billion, followed by BTC, SAHARA, ETH, and USDT.