Binance News

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.

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.

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.

The US dollar's share of global reserves has dropped below 45%, marking a decline of over 15 percentage points since the beginning of this decade, according to Bloomberg. This shift highlights a significant change in the composition of global reserves. According to NS3.AI, central banks have increased their gold holdings, surpassing the value-adjusted reserves of the US dollar. Data from the World Gold Council indicates robust demand for gold by central banks in the first quarter of this year.

According to the announcement from Binance, the platform is enhancing the utility of U token by integrating it with the Binance Card, allowing users to leverage their crypto assets for everyday payments. This initiative underscores Binance's ongoing commitment to improving payment solutions and delivering increased value to its users. The integration of U token with Binance Card offers users greater flexibility and a seamless spending experience, featuring exclusive benefits such as zero conversion fees, no foreign exchange charges, base cashback eligibility, and an additional 15% cashback in U tokens.

The availability of U token on Binance Card may vary based on user eligibility and regional restrictions. Cashback rewards and promotional benefits are subject to applicable terms and conditions. Notably, the zero fees and foreign exchange charges on U token spending will be extended until June 15, 2026, beyond the campaign period. The additional 15% cashback campaign is scheduled from May 13, 2026, to May 31, 2026, and is available to users who have completed account verification, meet Binance Card issuance requirements, and complete eligible purchase transactions with U during the campaign period. The base cashback applies in U token for up to 3%, while the additional 15% cashback is capped at $5 per user, distributed on a first-come, first-served basis, with rewards distributed upon transaction verification by June 30, 2026.

Terms and conditions govern participation in this activity, including Binance's Terms and Conditions for Prize Promotions, Terms of Use, Cardholder Terms, and Privacy Notice. Only users from qualified regions who complete account verification are eligible for rewards. Binance reserves the right to disqualify users involved in dishonest behavior or tampering with program code. The reward is non-transferable and non-exchangeable, and distributed tokens may be subject to price volatility and other risks. In the event of a refund, rewards will be reversed or adjusted on a pro-rata basis. Binance retains the discretion to amend or vary the activity terms without prior notice.

A trader identified as 0x049b has opened new 20x leveraged long positions involving 17,410 ETH and 493.43 BTC, with a total value of approximately $80.08 million. According to ChainCatcher, the ETH position is valued at around $40.07 million with a liquidation price of $2,227.81, while the BTC position is valued at approximately $40.01 million with a liquidation price of $78,009.69. Previously, this address has accumulated profits of $7.83 million through similar high-leverage trades in BTC and ETH.

KLP has increased its investment in Strategy, acquiring a total of 104,700 shares valued at $20.5 million. According to NS3.AI, this information was revealed by BitcoinTreasuries.NET on the platform X.

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.

According to PANews, a strike involving 50,000 workers has entered its 18th day, raising concerns about potential disruptions to the global chip supply. The ongoing labor action has sparked fears that the prolonged halt in production could lead to shortages in the semiconductor industry, which is already grappling with supply chain challenges. Industry experts are closely monitoring the situation as negotiations continue in an effort to resolve the dispute and resume operations.

Norway's largest pension fund, KLP, has increased its holdings in Bitcoin treasury company Strategy to 104,700 shares, valued at $20.5 million. According to Odaily, this move reflects KLP's growing interest in the cryptocurrency sector.

On May 13, U.S. President Donald Trump unexpectedly invited Nvidia CEO Jensen Huang to board Air Force One. According to BlockBeats On-chain Detection, the announcement led to a short-term surge in Nvidia's stock price during the U.S. night trading session, currently up by 1.3%. Hyperinsight monitoring indicates that the NVDA contract price on Hyperliquid is reported at $224.2, reflecting a 24-hour increase of 2.66%, with a daily open interest reaching $99.3 million and a trading volume of approximately $49.7 million.

Additionally, a whale investor, identified by the address 0x4b5, who has been long on NVDA since the beginning of the month, has recorded a 206% return. The investor is currently leveraging 20 times on 5,521 long contracts, amounting to $1.23 million.

A Hong Kong High Court has approved a request from the Department of Justice to issue a restraining order against Chen Zhi, founder of Prince Group, and 42 individuals and companies allegedly involved in operating a scam park in Cambodia. According to Odaily, the order freezes assets totaling 8.938 billion Hong Kong dollars, including bank and securities account deposits, stocks, and properties.

Chen Zhi's personal assets in Hong Kong exceed 6.36 billion Hong Kong dollars. Zhou Yun, who assists in managing these assets, has a total asset value of over 2 billion Hong Kong dollars, with personal accounts holding the equivalent of 15.92 million Hong Kong dollars in Hong Kong dollars, euros, and Bitcoin. Additionally, Prince Group affiliates Hu Xiaowei and Li Tian have approximately 400 million Hong Kong dollars and 172 million Hong Kong dollars in assets frozen, respectively. The court is scheduled to reconvene on August 3 to decide whether to extend the restraining order.

PANews posted on X (formerly Twitter). Nvidia CEO Jensen Huang has joined U.S. President Donald Trump's delegation to China, boarding Air Force One during a stopover in Alaska, according to reports from White House journalist Emily Goodin and Bloomberg. Tesla CEO Elon Musk is also part of the delegation. Previously, foreign media reported that Huang would not be part of the trip, indicating a recent change in the itinerary.

Uniswap's official developer account has announced the introduction of a payment flow feature in its API. According to Foresight News, developers can now add recipient address parameters in quote requests, allowing swap outputs to be sent directly to any specified address. This feature is designed for applications such as checkout, payment, and cross-asset transfers.

Pyth Network is set to unlock approximately 2.12 billion tokens on May 20 at 14:00 UTC+8. According to ChainCatcher, this token release is valued at around $118 million. The event is part of the network's ongoing token distribution plan.

Monad has announced its integration with the card issuance infrastructure Rain. According to Foresight News, this collaboration allows users to utilize payment cards developed by Rain's partners to spend stablecoins through Monad. Teams such as Rhythmic and Avici are leveraging Monad's infrastructure alongside Rain's card issuance stack to develop a new category of real-world payment applications.

The Japan Blockchain Foundation, responsible for the operation and management of Japan Open Chain (JOC), has announced plans to issue a yen-backed stablecoin, EJPY, on both the JOC and Ethereum blockchains. According to Foresight News, the initial focus will be on the issuance and circulation of EJPY on the JOC platform. The foundation aims to develop use cases driven by actual demand, such as B2B payments, digital asset settlements, and cross-border transactions.

According to Catcher Predict, the prediction market Polymarket has observed a significant shift in odds for the "Counter-Strike: Liquid vs. M80 (BO3) - IEM Atlanta Group B" event. The sub-market option for "Odd Total Kills" experienced a dramatic increase in probability, rising from 50% to 89.95% within the past hour, marking a fluctuation of 39.95%. This change may be influenced by recent developments related to the event.

InnoCare Pharma (02577.HK) experienced a significant increase in its stock price, rising over 16% in the Hong Kong stock market. According to Jin10, the trading volume for the company exceeded HK$2.5 billion, indicating strong investor interest and activity.

The Nevada Gaming Control Board has clarified that it did not exert pressure on any licensee or venue to cancel or refuse hosting for a prediction market conference. According to NS3.AI, Predict 2026, initially planned to be held in Las Vegas, was relocated to New York due to perceived regulatory pressure. Founder Ish Milly announced that the conference is set to return to Las Vegas in November, this time at an off-Strip location without a casino.

Magic Eden has announced a $75 million investment commitment to the iGaming project Dicey. According to Foresight News, the funds will be allocated towards Dicey's fundraising, operations, and marketing efforts.

Xandeum has launched Oxorro, a storage platform designed to ensure data accessibility even if the provider ceases to exist. According to BeInCrypto, Oxorro challenges the conventional storage model by prioritizing data persistence over provider reliability. This approach addresses scenarios like the May 2024 incident where Google Cloud accidentally deleted UniSuper’s private cloud subscription, affecting over 620,000 members. Xandeum's CEO, Bernie Blume, emphasizes that Oxorro offers 'Unstoppable Operational Data,' ensuring data remains accessible despite vendor failures or policy changes. Oxorro integrates with existing systems, providing a familiar file system interface.

China's stock market experienced notable gains as the ChiNext Index surpassed 4,000 points, marking its highest level since June 8, 2015, with a year-to-date increase of over 24%. According to Odaily, the Shenzhen Component Index rose more than 1%, nearing 16,000 points, while the Shanghai Composite Index increased by 0.3%. Leading the market were sectors such as cultivated diamonds, storage chips, and computing power leasing, with over 3,100 stocks rising across the market.

On May 13, Japan's 20-year government bond yield reached its highest level since 1997, driven by rising energy prices that have intensified inflation pressures. According to Jin10, the yield increased by 5 basis points to 3.495%, surpassing the previous peak of 3.46% recorded on January 20. The yields on 10-year and 30-year bonds also rose by at least 5 basis points, reaching 2.6% and 3.86%, respectively.

In January, concerns over Japanese Prime Minister Satuki Katayama's fiscal policies led to a significant sell-off in Japanese government bonds, which extended to the U.S. Treasury market. The 20-year Japanese bond, known for its relatively low liquidity and high volatility, played a crucial role in exacerbating market fluctuations during this downturn.

This development has caught the attention of U.S. Treasury Secretary Bessent, highlighting the risks of cross-market contagion.

French unemployment has unexpectedly climbed to its highest level in five years, signaling economic vulnerability as the Iran conflict unfolds. Bloomberg posted on X, highlighting the challenges facing France's economy during this period of geopolitical tension. The rise in unemployment adds to concerns about the country's economic stability and its ability to navigate the impacts of the ongoing conflict.

Cosmos Hub and Cosmos Labs have confirmed that Injective USDC will serve as the primary stablecoin standard for the Cosmos ecosystem and dYdX. According to Foresight News, Injective has committed to providing long-term support for USDC over at least four years, ensuring necessary financial reserves for developers, institutions, and applications. The migration process is set to unfold gradually over the coming months, with dYdX leading the transition. Cosmos Labs is coordinating the migration efforts across other chains and applications within the ecosystem.

Skip Protocol's Skip:Go, which currently handles most cross-chain transfers within Cosmos, will adopt Injective USDC as its default USDC. Cosmos Labs plans to release migration tools for chains and applications transitioning from other USDC sources.

Earlier this year, Noble announced its departure from the Cosmos platform. Noble had been a long-standing native issuer of USDC for IBC, and its exit left Cosmos chains and applications without a long-term issuance source. Injective is stepping in to fill this gap, taking on an issuance volume exceeding $100 million.

France's ILO unemployment rate for the first quarter was reported at 8.1%, surpassing the expected 7.8%, according to Jin10. The previous quarter's rate was recorded at 7.9%.

Asian currencies remained stable as traders closely monitored the implications of the U.S. Consumer Price Index (CPI) data. Wall Street Journal (Markets) posted on X that the CPI figures are crucial for assessing inflation trends and potential impacts on global markets. The data could influence the U.S. Federal Reserve's monetary policy decisions, affecting currency valuations worldwide. Market participants are particularly attentive to any signs of inflationary pressure that might prompt the Fed to adjust interest rates. The stability of Asian currencies reflects a cautious approach by traders as they await further economic indicators.

South Korea is contemplating participation in the U.S.-led initiative for freedom of navigation in the Hormuz Strait. According to Odaily, this consideration was confirmed by a security advisor to the South Korean President.

Startale CEO and Astar Network co-founder Sota Watanabe announced on the X platform that the first yen-backed stablecoin, JPYStableCoin, will be officially launched in the coming months. According to Foresight News, Watanabe stated that the stablecoin aims to leverage the yen to invest in rapidly growing assets, such as U.S. stocks, and will operate entirely on-chain.

Thailand's Finance Minister has expressed confidence that the country's GDP will grow by 3% over the next 1-2 years. According to Jin10, this optimistic outlook is based on various economic factors and policies aimed at boosting Thailand's economic performance. The minister emphasized the government's commitment to implementing measures that will support sustainable growth and enhance the country's economic resilience.

Michael Saylor highlighted Bitcoin's 30–40% volatility as a strategic advantage for Strategy, allowing the company to differentiate between MSTR equity upside and STRC credit-like yield. According to NS3.AI, during the Consensus 2026 event in Miami, Saylor explained that STRC absorbs the initial 11% of Bitcoin's volatility, with the remaining fluctuations impacting MSTR equity.

Witnesses have reported that Jensen Huang, the founder of NVIDIA, was seen boarding Air Force One en route to China. According to NS3.AI, this development has sparked speculation about potential discussions or collaborations involving NVIDIA in the region. The sighting has not been officially confirmed, and further details about the purpose of the trip remain undisclosed. Observers are keenly watching for any announcements or outcomes that may arise from this visit.

Hesai Group's shares, listed under the ticker 02525.HK, experienced a significant rise of over 5% in the Hong Kong stock market. According to Jin10, the trading volume exceeded 500,000 lots, indicating strong investor interest in the company.

Japan's Economic Watchers Current Conditions Index for April was reported at 40.8, falling short of the expected 41.5, according to Jin10. The previous value for the index was 42.2, indicating a decline in economic sentiment.

Base Protocol's head, Jesse Pollak, announced on the X platform that x402 now supports batch settlement. According to Odaily, this feature enables a large volume of microtransactions, specifically those under $0.0001, and is suitable for payment scenarios involving immediate resources like computing and reasoning.

President Donald Trump emphasized that preventing Iran from acquiring a nuclear weapon is his top priority, dismissing concerns about the financial strain on Americans as inflation reached a three-year high. According to BeInCrypto, the Consumer Price Index rose to 3.8% year-over-year in April, surpassing Wall Street's 3.7% estimate. Energy costs, particularly gasoline, were significant contributors to the increase. Despite the economic pressure, Trump stated that his focus remains solely on Iran's nuclear capabilities, asserting that ending the war would eventually lower oil prices and boost the stock market.

Blue Origin, the American commercial space company founded by Jeff Bezos, is contemplating its first external investment, according to ChainCatcher citing the Financial Times. The introduction of external capital could accelerate Blue Origin's operational expansion and technological development by leveraging both internal and external resources, moving beyond its current reliance on internal funding. More broadly, the growing interest of venture capital in the space industry may intensify competition for talent and contracts, while also sending positive signals of investor confidence to the supply chain and regulatory systems.

At the Create2026 Baidu AI Developer Conference, Baidu Group's Executive Vice President and President of Baidu Intelligent Cloud, Shen Dou, announced that the Kunlun Chip P800 has completed large-scale validation. According to Jin10, since 2025, multiple clusters of ten thousand cards have been delivered. Additionally, the Kunlun Chip's fully domestic cluster has successfully completed training for the important version of Wenxin 5.1, achieving an effective training rate of 97%. The linear scalability of the ten thousand card clusters exceeds 85%, meeting the requirements for large-scale training of advanced models in terms of computational precision, operator stability, framework adaptation, and long-term operation. Furthermore, the Tianchi 256-card supernode, based on the Kunlun Chip, was activated last month and is set to be officially launched in June.