On May 7, Trade xyz experienced a significant increase in trading activity on the Hyperliquid platform, according to BlockBeats On-chain Detection. The trading volume of traditional asset mapping contracts deployed through the HIP-3 protocol rose by 30.4% compared to the previous week, reaching $3.3 billion. Additionally, the overall position size saw a modest growth of 4.78%, amounting to $2.21 billion. The structure of traditional asset holdings showed some divergence. Due to the ongoing decline in oil prices, positions in WTI and Brent crude oil were significantly reduced, with a combined weekly decrease of 59%, resulting in a current contract value of $539 million. Meanwhile, the strong upward movement in U.S. stocks supported the maintenance of high overall position levels. The S&P 500 index contracts attracted increased capital inflows as they rose, making it the fourth-largest holding on the Hyperliquid platform.

The $2.67 billion antitrust settlement involving Blue Cross Blue Shield has reached the payout stage, yet no payments had been distributed as of May 2026. According to NS3.AI, after deducting fees and administrative expenses, approximately $1.9 billion is available for distribution among roughly 6 million claims. Payments calculated to be $5 or less will not be issued.

Binance Blog published a new article, introducing Binance's latest feature, Merchant Vouchers, designed to enhance seller engagement and promote ads in the P2P marketplace. This innovative tool allows verified P2P merchants to create and manage customized rebate campaigns, integrating vouchers directly into both new and existing ads. The introduction of Merchant Vouchers aims to provide sellers with a straightforward method to increase P2P traffic by incentivizing orders, making it easier for sellers to attract first-time buyers and retain existing customers. Binance P2P Merchant Vouchers are a customizable rebate tool available exclusively to verified merchants. This feature empowers merchants to create targeted campaigns directly on their P2P ads, offering rewards that encourage buyers to select specific listings the merchants wish to promote. By giving sellers full control over their promotional strategy within the Binance P2P platform, merchants can create customized rebate campaigns directly on their P2P ads, rewarding buyers and attracting more orders. This direct, in-platform approach allows sellers to stand out, drive volume, and build a loyal customer base. The Merchant Vouchers tool is particularly beneficial for merchants aiming to attract new buyers or reward loyal customers. It places promotional control firmly in the hands of merchants, enabling them to design and launch rebate campaigns on their own terms, without relying on platform-wide events. By offering buyers a direct incentive at the point of trade, merchants can expect increased engagement on their ads, including interest from first-time buyers who might otherwise scroll past. In a competitive P2P marketplace, Merchant Vouchers provide a concrete edge by attracting first-time buyers and rewarding loyal customers, thus fostering long-term relationships. Creating a Binance P2P Merchant Voucher involves accessing the Merchant Portal, clicking on the Vouchers section to access the Vouchers Dashboard, and then creating a new voucher campaign by completing all required fields, including target audience, reward coin, rebate type, total budget, and expiry date. Once all fields are complete, the voucher is applied to the ad, and the campaign launches immediately. For new P2P ads, a voucher can be attached during ad creation by selecting an available voucher in the Rewards section. For buyers, some vouchers are designated for new customers only, while others are for returning buyers. The reward amount and currency depend on the merchant's voucher campaign settings. When browsing P2P listings, buyers should look for ads with a voucher indicator, which signifies that a reward is attached to that ad. Upon order completion, rewards are automatically credited to the buyer's Funding Account, with no manual claim required. This seamless integration within the Binance P2P interface ensures a secure and familiar experience for both merchants and buyers.

Saturn, a DeFi yield protocol, announced plans to allocate up to 5% of its initial token supply to participants of its first season. According to Foresight News, the distribution will be based on the Gravity points held by users at the end of the season, which is set to conclude on August 8 or when the project reaches its capacity limit, whichever comes first. Gravity points are earned through protocol activities and do not hold monetary value, asset rights, or transferability. The allocation is contingent upon the successful launch of Saturn's governance token, and all terms are not binding or guaranteed. This distribution will not be available to users in the United States, EEA, United Kingdom, or sanctioned regions.

Stablecoins are on the brink of mainstream acceptance, driven by adoption from major technology firms, a development that Bitwise suggests could propel the market towards a $4 trillion valuation by the decade's end. According to Cointelegraph, Bitwise's chief investment officer, Matt Hougan, highlighted the recent use of stablecoins by companies like DoorDash and Meta as pivotal. Hougan described these initiatives as potentially transformative for stablecoins, despite their current limited scope and financial scale. He expressed confidence that stablecoins could eventually scale to trillions in assets and attract hundreds of millions of users. Several large non-crypto entities are experimenting with stablecoin technology. Meta recently introduced stablecoin payouts for creators in the Philippines and Colombia, while DoorDash announced on April 21 that it would offer stablecoin payments to its users, workers, and merchants. The current market value of stablecoins is just under $318 billion, but projections, including one from Citigroup in September, suggest the market could reach $4 trillion by 2030 under optimal conditions. Hougan emphasized that for stablecoins to achieve such growth, they must extend beyond their primary use in crypto trading and be adopted for everyday transactions, necessitating support from major industry players. Hougan argued that stablecoins offer businesses a cheaper and faster alternative for global payments, simplifying processes by eliminating the need for banking infrastructure and currency conversions. This simplicity is particularly valuable for global businesses managing numerous micropayments. In the U.S., confidence in stablecoin testing has increased following the passage of the GENIUS Act last year, which regulates stablecoin issuers and establishes a framework for token backing. Visa is among the companies embracing stablecoins, recently expanding its pilot to include five additional blockchains as settlement volumes grow. However, U.S. banks have expressed concerns about stablecoins, lobbying to restrict them due to perceived competition with bank deposits, which they argue could destabilize the banking system. The Senate is currently drafting legislation to regulate cryptocurrencies, including a clause that prohibits platforms from offering rewards on idle stablecoin holdings, while allowing other reward forms. Despite this, banking groups have criticized the proposed compromise, arguing it does not adequately address their concerns.

Bitcoin's open interest experienced a 5.13% decline over the past 24 hours, reflecting a cooling in leverage following an unsuccessful attempt to surpass the $82,000 mark. According to NS3.AI, Blockbeat reported that the seven-day cumulative funding rate stayed negative, although the negative margin has narrowed as bearish hedging has eased to some extent.

Binance Wallet announced on X the launch of a new trading campaign, inviting users to participate for a chance to win rewards. Participants are required to register on the campaign's landing page and engage in trading activities using Binance Wallet. To qualify, users must trade at least one token on either the Binance Smart Chain (BSC) or Solana (SOL) chains. Separate leaderboards are available for each chain, allowing users to compete in both categories. The campaign supports both private key and keyless wallets, providing flexibility for participants. Trading can be conducted through the web, app, or extension platforms. Users are advised to update their app to version 3.4.0 or above and clear their cache to ensure smooth participation. For those using the extension, version 1.11.0 or above is required for swapping activities. This initiative aims to engage the community by offering rewards to those who climb the leaderboard through active trading.

Bitwise CEO Hunter Horsley addressed the audience at the Consensus 2026 conference, noting significant financial trends. According to ChainCatcher, Horsley highlighted that despite market declines in the last quarter of the previous year and the first quarter of this year, inflows from U.S. wealth management channels reached their highest level in eight years. This indicates that financial advisors in these channels saw the first quarter as an optimal time to invest in these products, choosing to buy during the market downturn.

Goldman Sachs is experiencing a significant leadership change as its co-head in Singapore and a key engineering executive are reportedly leaving the firm. Bloomberg posted on X, citing sources familiar with the matter, that the departures mark a notable shift within the company's regional operations. The reasons behind the executives' decisions to leave have not been disclosed, and Goldman Sachs has yet to make an official statement regarding the changes. This development comes amid broader industry movements and could impact the firm's strategic direction in Asia.

The European Union and the United States were unable to finalize a long-delayed trade deal during recent overnight discussions. Bloomberg posted on X that despite ongoing negotiations, the talks did not result in an agreement. U.S. President Donald Trump has warned that he may soon impose new tariffs, adding pressure to the discussions. The failure to reach a consensus highlights ongoing trade tensions between the two economic powers. The potential tariffs could impact various sectors, further complicating the trade relationship. The EU and the US have been in negotiations for some time, aiming to resolve trade disputes and enhance economic cooperation. However, the lack of progress in the latest talks suggests that significant challenges remain. Both parties are expected to continue discussions in an effort to avoid the imposition of tariffs and to reach a mutually beneficial agreement.

Nvidia is investing heavily to reshape the entire AI industry supply chain. And the ability to control the supply chain has become the most difficult hurdle to overcome in the AI ​​era.

The "AI doomsday theory" lacks evidence, imagination, and understanding of humanity.

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.