According to Lookonchain monitoring, in the past 5 hours, a whale opened a long position of 1.97 million TON with 3x leverage, worth $5.39 million, with a liquidation price of $0.944.

According to Odaily Seer, an account (address: 0x492442eab586f242b53bda933fd5de859c8a3782) that lost over $2.3 million in the Polymarket prediction event for "NBA Eastern Conference Semifinals Game 2: Pistons vs. Cavaliers," purchased over $210,000 worth of bets on the Pistons to win by a 3.5-point spread against the Cavaliers. The average opening price was 51¢, resulting in a floating profit of $60,000. Game 2 of the NBA Eastern Conference Semifinals between the Pistons and Cavaliers started at 7:00 AM Beijing time today. Currently, in the second quarter, the score is 36-29, with the Pistons leading. The series is 1-0, with the Pistons holding a temporary advantage. Odaily Seer continuously monitors the prediction market, anticipating changes before they are priced in.

During the Hong Kong Web3 Carnival 2026, experts gathered for a roundtable discussion on the evolution of smart hardware from product sales to service offerings. According to PANews, the event focused on the exploration of subscription economy models and the assetization of Real World Assets (RWA). Participants also examined how robotics and AI hardware can integrate with blockchain technology to reduce barriers and enhance user engagement.

23pds, Chief Information Security Officer of SlowMist, published an article on the X platform stating that a privilege escalation vulnerability called Dirty Frag has been exposed in Linux systems, and the complete details and exploit code have been made public. This vulnerability allows any local user with low privileges to directly obtain root privileges on almost all mainstream Linux distributions. It is a deterministic logic vulnerability; the attack does not rely on complex race conditions, has an extremely high success rate, and does not cause kernel crashes, making it extremely dangerous. Linux users are advised to upgrade their systems immediately.

According to Onchain Lens monitoring, the BIT-linked wallet previously deposited 403,290 HYPE tokens into HyperLiquid, worth approximately $17.3 million. Subsequently, the wallet sold 200,000 HYPE tokens in two batches, realizing a total of $8.447 million USDC, with an average transaction price of approximately $42.24. Currently, the wallet still holds 203,290 HYPE tokens, worth approximately $8.65 million.

Jito's JTO token experienced a significant increase of over 45% in the past 24 hours, reaching 0.597 USDT. According to NS3.AI, this surge is attributed to the positive sentiment surrounding the upcoming JTX trading engine. Jito has announced that JTX will integrate charts, execution, portfolio management, and capital management into a single on-chain platform designed for professional users. Nick Almond, Jito's Governance Lead, stated that 80% of the revenue generated by JTX will be allocated to the JTO token.

According to SoSoValue data, yesterday (May 7th, Eastern Time), the total net inflow of SOL spot ETFs was $6.6749 million. The SOL spot ETF with the largest net inflow yesterday was the Bitwise Solana Staking ETF (BSOL), with a net inflow of $5.3645 million, bringing its total historical net inflow to $855 million. The second largest was the Fidelity Solana Fund ETF (FSOL), with a net inflow of $1.3104 million, bringing its total historical net inflow to $161 million. As of press time, the total net asset value of SOL spot ETFs was $938 million, with an SOL net asset value ratio of 1.82%, and a cumulative historical net inflow of $1.051 billion.

SATO is based on Uniswap V4 Hook, simulating Bitcoin scarcity with a cap of 21 million coins, no pre-mining and no backdoors, achieving fair sales on Ethereum.

CITIC Securities released a report on May 8, noting a robust recovery in the technology sector in April, with hardware outperforming software and AI computing power chains leading the way. According to Jin10, the report anticipates that from May to June, models will enter a new phase of weekly iterations, with major model companies expected to release significant updates by mid-year, accelerating commercialization into a positive cycle. The report suggests maintaining focus on four key technology trends: 1) domestic large model companies entering a version iteration window with rapidly increasing ARR; 2) semiconductor equipment companies benefiting from the expansion of domestic memory and advanced processes, with a rising localization rate; 3) leading optical communication companies with high performance certainty and supply capabilities, alongside optical chip companies facing supply constraints and price increase expectations; 4) upstream computing power chain segments with increasing AI exposure, such as MLCC, analog, electronic cloth, and CCL. Additionally, the report highlights the potential for growth in autonomous driving and humanoid robots, awaiting further catalysts.

Coinbase CFO Alesia Haas stated during this morning's earnings call, "I want to quickly remind you that our USDC contract (referring to the distribution agreement with Circle) automatically renews every three years and is perpetuity. This contract cannot be terminated." Coinbase Chief Compliance Officer Paul Grewal also stated, "Fortunately, the terms of our existing contracts with Circle are finalized, and as Alesia Haas emphasized, these contracts automatically renew. We expect to continue our partnership with Circle on the same terms going forward."

US President Trump stated that today's strikes against Iran "blew them away." Trump said that an agreement with Iran "may not happen, but it could happen anytime. I believe they are more eager for an agreement than I am." He also stated that despite the strikes, the ceasefire agreement remains in effect, saying, "That's right. They played tricks on us today. We hit them hard. They played tricks again. I call that 'little tricks'." Trump also warned, "The negotiations are going very well, but they must understand that if an agreement is not signed, they will suffer greatly." (Jin Shi)

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse 8 AM," issue 3050, providing you with the latest and fastest news on the digital currency and blockchain industry.

Strategy holds Bitcoin not for trading, but for permanent ownership.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse.

During the observation window from April 20 to May 7, 2026, the global crypto market demonstrated remarkable resilience, with the overall market capitalization completing a paradigm shift from "high-frequency speculative driving" to "structural rebalancing" amidst macroeconomic fluctuations.

Every megawatt of energy diverted from Bitcoin mining to artificial intelligence infrastructure subsidizes the economic interests of those still engaged in Bitcoin mining.

On May 5, 2026, WLFI, a crypto project owned by the Trump family, officially shared a new product.

OpenAI, OpenAI coup night text messages exposed: Altman begs "Microsoft to acquire me" Golden Finance, that coup was far more chaotic, absurd, and ruthless than the media portrayed.

Elon Musk appears to be setting aside his long-running criticism of Anthropic as the AI race increasingly shifts from model development to the battle for computing power.

TON finalises transactions in about 0.6 seconds, making it faster than most major Layer 1 blockchains. By comparison, Solana takes around 13 seconds, Ethereum about 13 minutes, and Bitcoin roughly an hour, while Cardano can take up to a day.