24/7 Blockchain industry dynamics and breaking crypto news
Futu's Q1 2026 report reveals robust 24.7% revenue growth to HK$5.86 billion. However, net profit plunged 61.2%, with adjusted profit down 58.5%. The company has provisioned for a potential RMB 1.85 billion regulatory fine, significantly impacting earnings. Future performance hinges on navigating this challenge.
Read MoreBinance will launch CTR/USDT perpetual contracts on May 28, 2026, at 17:30 UTC+8. The new derivative product will offer leverage of up to 20x, providing traders with enhanced flexibility and risk management options in the evolving crypto market.
Read MoreThe US government reportedly instructed Miami federal prosecutors to halt a criminal investigation into Venezuela's interim president, Delcy Rodríguez. The move is seen as an effort to avoid disrupting diplomatic attempts to stabilize Venezuela and secure investment opportunities. The Justice Department denies any such investigation existed, raising questions about political influence.
Read MoreCosta Rica's legislature has passed a new law requiring all Virtual Asset Service Providers to register with the financial regulator. They must comply with strict anti-money laundering and counter-terrorism financing rules, including customer due diligence and transaction reporting. The law takes effect three months after publication.
Read MorePolymarket's integrity systems identified and reported an alleged insider trader, leading to an arrest in New York. Both known insider trading cases in the sector stem from its voluntary tips to authorities. The platform highlights blockchain's inherent transparency as a powerful deterrent against misconduct.
Read MoreChina's Foreign Ministry emphasizes the need for both nations to implement key consensus and maintain stable trade relations. Recent discussions show progress, highlighting a cooperative approach to shared economic challenges.
Read MoreElon Musk clarified that SpaceX's deal to lease its Colossus AI computing cluster to Anthropic is initially only for six months, not a long-term commitment. Either party can terminate with 90 days' notice, reflecting SpaceX's strategic control over its valuable computing resources amidst high demand.
Read MoreFollowing strategic guidance from leaders, U.S.-China trade teams have made progress on tariffs. Both sides agreed to discuss reciprocal tariff reductions, starting with around $30 billion in goods each. Specific arrangements will be finalized and implemented promptly to foster deeper economic cooperation.
Read MoreBeijing's municipal legislature plans the first review of a draft AI industry development regulation in November. Multiple representative proposals have been submitted to accelerate specialized legislation, aiming to provide legal frameworks for high-quality AI growth, talent development, and innovation in areas like embodied intelligent robotics.
Read MoreThe upcoming April PCE inflation data is expected to show persistent price pressures, potentially reaching a near-year high. Broader inflationary forces are spreading beyond energy into services and durable goods. This crucial report could force the Federal Reserve to reassess its policy stance, putting markets on high alert.
Read MoreByteDance is developing custom CPUs for its AI infrastructure to combat soaring chip prices and supply constraints, according to sources. The company is evaluating both Arm and RISC-V architectures to reduce reliance on Intel and AMD and power its internal AI platforms.
Read MoreFormer U.S. President Donald Trump has filed a new $10 billion defamation lawsuit against The Wall Street Journal over a report concerning his ties to the late financier Jeffrey Epstein. The suit was submitted in Florida federal court after a previous similar case was dismissed for failing to prove "actual malice."
Read MoreA whale linked to Matrixport, despite significant unrealized losses on a massive Ethereum position, has opened a new 20x leveraged long position for 500 BTC. This bold move, funded by 5 million USDC, signals high-conviction speculation amidst market volatility.
Read MoreData from May 28th reveals a significant net outflow exceeding $730 million from US spot Bitcoin ETFs, the highest in months. BlackRock's IBIT alone saw an outflow of roughly $528 million, marking its second-largest single-day withdrawal since launch, raising questions about shifting institutional sentiment.
Read MoreBinance Alpha has officially announced the upcoming listing of Sealcoin (QAIT) on May 28. Eligible users will have the opportunity to claim an exclusive airdrop using Alpha points once trading commences. Further details regarding the distribution process are expected to be released soon.
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