SpaceX’s IPO filing revealed the company holds 18,712 Bitcoin worth about $1.45 billion, making it one of the world’s largest corporate Bitcoin holders. The filing also showed SpaceX lost $4.28 billion in the first quarter of 2026 while continuing to spend heavily on rockets, AI infrastructure and Starlink expansion.

xAI has introduced the grok-build-0.1 code model, designed for agentic coding training, which is currently in early access. According to Odaily, the model supports multimodal input, including text and images, and features native tool invocation, structured output, and reasoning capabilities with a context window of 256k. The API pricing is set at $1 per million tokens for input and $2 per million tokens for output. With prompt caching enabled, the cost for some input can be reduced to $0.2 per million tokens. Additionally, xAI has enabled third-party authorization for Grok personal subscription accounts. Users with SuperGrok or X Premium subscriptions can utilize the OAuth mechanism to directly reuse official computing quotas in open-source agents like Hermes Agent and OpenClaw, and access the grok-build-0.1 model.

According to the announcement from Binance, the platform is set to introduce the SPCXUSDT USDⓈ-M Futures Pre-IPO Perpetual Contract. Trading for this new contract will commence on 2026-05-21 at 03:45 (UTC). This initiative aims to broaden the trading options available on Binance Futures and enhance the overall trading experience for users. The SPCXUSDT contract is based on the underlying equity of Space Exploration Technologies Corp. (SPCX) and will be settled in USDT. The contract features a tick size of 0.01 and a minimum trade amount of 1 SPCX, with a minimum notional value of 5 USDT. During the Pre-IPO trading period, the capped funding rate is set at +0.005% per funding interval, which will adjust to +2.00% / -2.00% after the Pre-IPO trading concludes. The interest rate during the Pre-IPO period is fixed at 0.015% daily, with funding fees settled every eight hours. The contract supports a maximum leverage of 5x and is available for trading 24/7. The mark price methodology during the Pre-IPO trading period involves calculating the average of the last 10 seconds’ trade prices on Binance RIE every second. A ±1% price cap is imposed to limit price changes within this range during the Pre-IPO trading and transition period. Once the official IPO listing occurs, the Pre-IPO Perps will transition to standard TradFi Perps, with the mark price gradually converging to the standard calculation. The funding rate will also transition to the standard TradFi Perp Funding Rate Mechanism as outlined in the Clearing Procedures. Binance may adjust leverage and margin requirements in accordance with the Clearing Rules.

U.S. spot HYPE ETFs experienced a significant surge in net inflows on Wednesday, marking their largest daily intake since their inception. According to NS3.AI, the 21Shares Hyperliquid ETF, THYP, was at the forefront, attracting $16.7 million, while the Bitwise Hyperliquid ETF, BHYP, contributed an additional $8.8 million. Data from Farside indicates that cumulative net inflows have reached $54 million over the past seven trading days.

Syndicate has announced plans to gradually wind down its operations after five years of developing on-chain infrastructure for developers. According to NS3.AI, Syndicate Labs will be closing, but the Syndicate Network Collective will remain operational. The company assured that SYND governance will not be impacted in the short term.

Reliance Industries' ambitious plan to launch an initial public offering (IPO) for its digital arm, Jio, is encountering significant hurdles. Bloomberg posted on X that the potential IPO, which could become India's largest, is being complicated by the ongoing conflict in Iran. The geopolitical tensions are creating an uncertain environment for investors, impacting market conditions and potentially affecting the valuation and timing of the IPO. Reliance Industries is navigating these challenges as it seeks to capitalize on Jio's growth and market position. The situation underscores the broader impact of international conflicts on global financial markets and major corporate strategies.

Hong Kong's semiconductor sector saw significant fluctuations today. According to Jin10, Semiconductor Manufacturing International Corporation (SMIC) (00981.HK) narrowed its gains to 2%, while Nexchip Semiconductor Corporation (02676.HK) fell by over 7%. Other companies, including Innosecco (02577.HK) and TianShu ZhiXin (09903.HK), also experienced declines.

GPUs are the brain of AI, but the neural networks between these brains determine how fast the entire system can run. Without optical interconnects, even a large number of GPUs are just isolated islands.

Monetary Authority of Singapore has revoked the crypto payment license of Bsquared Technology after uncovering what regulators described as serious compliance failures, weak internal controls, and repeated instances of “false or misleading” information provided to authorities.

Nvidia's Q1 revenue exceeded expectations, increasing by 85%, but guidance to reach new highs was still not impressive enough. The company announced an additional $80 billion in share buybacks and a significant dividend increase. Nvidia's stock price turned negative in after-hours trading, falling by more than 3% at one point.

Under the CLARITY Act regulatory framework, your token must either be sufficiently decentralized or be a security.

The minutes of the Federal Reserve's April meeting showed that they were prepared to adjust the stance of monetary policy as appropriate should risks arise that could hinder the achievement of the committee's goals.

Jinse Finance launches its cryptocurrency and blockchain industry daily news report, "Jinse Morning 8," issue 3063, providing you with the latest and fastest news on the digital currency and blockchain industry.

Is the prediction market a cash cow? A deep dive into its profit model. Golden Finance: Can this massive trading volume translate into real income?

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

This relates to a major power struggle hidden behind the code, concerning the future control of AI and global technological barriers.