According to GMGN data, the market capitalization of Sato, an Ethereum blockchain token, continues to rise and has reached a new high, currently trading at approximately $30.65 million, representing a daily increase of over 460%. Odaily reminds users that the token's price is highly volatile, and investors should be aware of the risks.

The Hang Seng Tech Index saw an intraday increase of over 3%, while the Hang Seng Index rose by 1.54%. According to Jin10, Kuaishou (01024.HK) experienced a surge of over 7%, and Hua Hong Semiconductor (01347.HK) climbed more than 6%. Additionally, Tencent Music (01698.HK), Kingsoft (03888.HK), and Baidu (09888.HK) all recorded gains exceeding 5%.

A U.S. federal court has sentenced Marlon Ferro to 78 months in prison for his involvement in a social engineering scheme that resulted in the theft of over $250 million in cryptocurrency assets. According to NS3.AI, the Department of Justice announced that Ferro will also serve three years of supervised release and must pay $2.5 million in restitution after pleading guilty to racketeering conspiracy. Prosecutors revealed that Ferro participated in breaking into homes to steal hardware wallets when other members of the group were unable to deceive victims or hack into their accounts.

At Consensus 2026, Arthur Hayes stated that the crypto industry does not rely on regulation for development; the core factors influencing Bitcoin's price are only technological reliability and fiat currency liquidity, with the latter being the true driving force. He pointed out that from quantitative easing during the Obama era and fiscal stimulus during Trump's first term to the release of reverse repurchase liquidity through short-term debt replacing long-term debt during the Biden era, each round of monetary expansion has been highly correlated with Bitcoin's rise. Hayes believes that despite the Trump administration's push for several crypto regulatory bills, Bitcoin has still fallen by about 25% in the past 18 months, indicating that regulatory benefits do not directly drive price increases. He also stated that the Trump family's past experiences with debanking, asset freezes, and lawsuits may have made them more aware of Bitcoin's value as an asset free from state control. Hayes concluded that if Bitcoin ultimately evolves into a regular financial product on bank balance sheets, it will lose its original meaning.

Bullish CEO Thomas Farley announced at the Consensus 2026 conference that the company has successfully tokenized its entire equity table, consisting of 151 million shares, on the Solana blockchain. According to Foresight News, Farley also conducted a live demonstration of a transaction using the Phantom wallet during the event.

US spot Ethereum ETFs experienced net inflows of $11.52 million on May 6, marking the fourth consecutive day of positive movement. According to NS3.AI, the Grayscale Mini Ethereum ETF was a significant contributor to this trend, recording an inflow of $10.03 million.

AMD CEO Lisa Su has projected a significant increase in the CPU market size, doubling the forecast to over $120 billion by 2030. According to Jin10, Su attributed this adjustment to the surge in demand for central processing units driven by advancements in AI agent technology. "Agents play a crucial role in the progression of AI applications, and we are excited to be at the core of this process," Su stated. She emphasized the shift in workload dynamics, noting that communication with major clients over the past 90 days has clarified demand trends. As AI applications become more centralized, the need for computing power has evolved, leading to a resurgence in CPU demand. Despite trailing behind Nvidia in the GPU market, AMD remains a leading CPU manufacturer, essential for executing inference tasks.

According to an official announcement, Bitget has launched USDT-based BILL perpetual contracts with leverage ranging from 1x to 20x. Contract trading on bots will also be available simultaneously.

On May 7, a new wallet named runecrypto.eth was created, according to BlockBeats On-chain Detection. The wallet spent 34.7 ETH to acquire 375,046 sato tokens. This transaction has resulted in a profit of $443,000.

White House Chief of Staff Susie Wiles announced that the U.S. government will maintain a neutral stance in the development of artificial intelligence, avoiding favoritism in selecting winners and losers within the industry. Bloomberg posted on X, highlighting this as a significant indication from a key aide to U.S. President Donald Trump. The statement comes as the administration is gearing up to introduce new policy directives concerning AI. This approach underscores the government's commitment to fostering a balanced and competitive environment for AI innovation, ensuring that no particular entity or technology is given undue advantage. The forthcoming policies are expected to shape the landscape of AI development in the United States, promoting fair competition and encouraging diverse advancements in the field.

Strategy executive chairman Michael Saylor has announced that the company is prepared to sell part of its Bitcoin holdings for the first time, marking a sharp shift from the firm’s vow of “never sell” stance that helped define corporate Bitcoin accumulation over the past years.

AI agents are shifting the AI ​​industry's narrative from one of cost to one of profit. Goldman Sachs believes that with a surge in token consumption, the gross margin inflection point for large-scale cloud vendors and large-model providers may arrive within the next 3 to 12 months.

Despite efforts by some key U.S. lawmakers to get the bill to the president’s signature by July 4, the banking industry is still lobbying hard to kill the Clarity Act.

A researcher says Google Chrome can quietly download a 4GB Gemini Nano AI file to users’ devices without clear permission. If deleted, it may be reinstalled unless the feature is turned off in Chrome settings.

Artificial intelligence, Nvidia, chips, energy consumption, the Achilles' heel of AI is not Nvidia. Golden Finance: Few see this, and even fewer dare to bet on it.

If you had to explain the recent explosion of artificial intelligence in just one word, it wouldn't be computing power, parameters, prompt words, or even a particular model architecture, but rather distillation.

The old era of crypto that we are familiar with has come to an end. In the future, value will only be concentrated in four major areas: Bitcoin, stablecoins, blockchain infrastructure, and asset tokenization.

Trump said on Wednesday that the chances of reaching a framework agreement with Iran are "very high," possibly "within a week." Iran is reviewing the US ceasefire proposal, and the two core demands that the US has long insisted on remain unresolved.

Jinse Finance launches its daily cryptocurrency and blockchain news bulletin, "Jinse at 8 AM," issue 3049, providing you with the latest and fastest news on the digital currency and blockchain industry.

Buying Circle stock does not actually mean you have "stablecoin exposure".