24/7 Blockchain industry dynamics and breaking crypto news
On-chain data reveals Alameda Research withdrew over $20 million in crypto assets from KuCoin within two hours, including significant amounts of BTC, ETH, MASK, and USDT, drawing market attention to fund movements.
Read MoreOKX exchange has officially announced the listing of the PROS/USDT spot trading pair, scheduled to commence on May 13, 2026, at 18:00 (UTC+8). This move is set to enhance market liquidity and accessibility for the Pharos ecosystem token.
Read MoreDespite rising inflation data, traders believe the peak is far from over. Prediction market data shows traders assign a near 40% chance of inflation exceeding 5% this year and a high probability of sustained high inflation through 2026, significantly exceeding Wall Street forecasts and highlighting deep market concerns.
Read MoreJapan's top three banking groups are set to gain access to Anthropic's advanced AI system, Mythos, as early as late May. While designed for cyber defense, significant vulnerabilities have been identified. Japan is forming a task force to address the potential risks to its financial infrastructure.
Read MoreOn May 13th, tracking data indicated a Chinese super tanker fully loaded with crude oil was transiting out of the Persian Gulf via the Strait of Hormuz. Operated by Cosco Shipping, such passages have been rare since regional tensions escalated. The vessel loaded cargo from Iraq's Basrah Terminal.
Read MoreCrypto investment funds have attracted net inflows for six consecutive weeks, totaling $4.7 billion. Bitcoin funds led the charge, while short Bitcoin funds experienced their largest weekly outflow since 2026, signaling a sharp decline in bearish sentiment.
Read MoreOver two hours, a multi-million dollar crypto asset withdrawal from a major exchange was detected, involving Bitcoin, Ethereum, and other tokens. This significant on-chain movement has drawn market attention to potential capital flow shifts.
Read MoreHong Kong's High Court has issued a sweeping asset freeze order against 42 individuals and companies, restricting approximately HK$8.93 billion in assets. The case centers on a major financial investigation, with one individual's frozen assets exceeding HK$6.36 billion, including commercial properties and luxury residences.
Read MoreBaidu Intelligent Cloud announced at its recent AI developer conference that the Kunlun Chip P800 has completed large-scale validation and delivered multiple 10,000-card clusters. The critical training phase for the ERNIE 5.1 large model was successfully accomplished on these domestic chip clusters, achieving a 97% effective training rate. The Tianchi 256-card super node is scheduled for market launch in June.
Read MoreToday's midday digest highlights institutional crypto adoption and regulatory developments. Traditional giants like Wells Fargo deepen exposure, while US senators advance stablecoin rules. Tech leader Jensen Huang's travel and political family token activities also draw significant attention.
Read MoreOn May 13th, South Korea's KOSPI staged a dramatic intraday reversal. After plunging over 3% earlier in the session, a surge of buying power drove the index into positive territory, ultimately closing with a gain of more than 2% at 7799.63 points, showcasing a rapid shift in market sentiment.
Read MoreTencent's AI assistant now integrates deeply with WeChat, allowing users to intelligently summarize and analyze chat histories. By simply forwarding selected conversations, users can instantly get AI-generated digests and key insights, transforming everyday chats into organized, actionable knowledge.
Read MoreDigital Asset Clearing Center (DACC) has raised $10 million in strategic funding from investors including Fosun International and Conflux. The capital will accelerate its compliant financial settlement and clearing infrastructure, offering Clearing-as-a-Service to institutions.
Read MoreA GMGN fee-related address transferred 3,000 BNB (worth $2.04M) to Pionex exchange 45 minutes ago, marking its first such move in two months. The address still holds over $12.45M in crypto assets, sparking speculation about fund movements.
Read MoreEthereum has surged past the $2300 resistance level, currently trading at $2300.07. Despite a 0.5% dip over 24 hours, market volatility remains elevated. Investors are advised to monitor fluctuations closely and implement prudent risk management measures.
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