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.

Amazon, Alphabet, Meta, and Microsoft are experiencing a significant drop in free cash flow, reaching its lowest level since 2014, due to heavy investments in artificial intelligence, according to BeInCrypto. Morgan Stanley estimates that these tech giants, along with Oracle, could spend nearly $805 billion this year on AI, with forecasts for next year rising to $1.1 trillion. Analysts predict Amazon will spend more cash than it generates, with a projected $10 billion cash burn. Meta is also expected to face cash challenges, while Alphabet remains cash flow positive but at its weakest level in over a decade.

On May 8, Jin10 reported that the Middle East, a key global fertilizer production hub, is experiencing significant supply chain disruptions. The Hormuz Strait, a critical passage for global fertilizer trade, has seen transport obstacles leading to the suspension of urea supply from Qatar's production facilities. Since the onset of recent conflicts, international fertilizer prices have surged dramatically. According to Jin10, the granular urea price in the U.S. Gulf region, traded on the Chicago Board of Trade, exceeded $700 per ton in April, marking an increase of over 80% compared to February. Analysts highlight that while global food prices remain low, the soaring fertilizer costs are beyond the financial reach of many farmers. Essential nitrogen fertilizers like urea are crucial for agricultural production, directly affecting crop yields and key quality metrics such as wheat protein content. If farmers are forced to reduce fertilizer usage, it could lead to increased risks of reduced crop yields. Recently, agricultural organizations, including the International Grains Council, have begun lowering their forecasts for the next season's grain production.

According to DefiLlama data, Gate's open interest in contracts reached $11.534 billion in the past 24 hours, ranking it among the top centralized exchanges. The top three are Binance, Bybit, and Gate.

According to Onchain Lens monitoring, a whale opened a long position of 443.42 BTC on Hyperliquid with 20x leverage, with a position value of $35.35 million. This whale had previously lost $150,000 trading ETH.

Polygon PoS network's execution layer client, Bor, has released version 2.7.3, according to Foresight News. This maintenance update is applicable to both the Amoy testnet and the mainnet, featuring improvements and bug fixes related to pre-confirmation and private transaction relays. The update significantly impacts users of private transactions by enforcing a 10-minute time-to-live (TTL) limit. If a private transaction is not included in a block within this timeframe, it will be removed from the private pool and transferred to the public network. Users can increase the likelihood of their transactions being included by raising the transaction fee to send a replacement transaction.

Ripple's Senior Vice President of Stablecoin Business, Jack McDonald, announced at the "Consensus 2026" conference in Miami that Ripple currently holds a regulatory license from New York State. According to Foresight News, McDonald stated that Ripple is on the verge of obtaining an OCC charter license and has acquired multiple licenses globally. He emphasized that institutional clients require the highest level of regulatory credentials to fully unlock the market potential of stablecoins. With BNY Mellon serving as the custodian bank and partners like Deloitte providing support, there is confidence in transitioning real funds and transaction volumes onto the blockchain.

AWS overheating at a Northern Virginia data centre disrupted cloud systems in one zone, affecting platforms like Coinbase and FanDuel. Coinbase users faced trading delays while AWS worked to restore cooling and recover services gradually.

Germany may end its one-year tax-free holding period requirement for Bitcoin and cryptocurrencies starting in 2027. (Cointelegraph)

PANews posted on X (formerly Twitter). Nvidia's ecosystem encompasses a comprehensive range of components and processes, from chip design to power electronics. The ecosystem is divided into ten segments with 33 key targets. The upstream segment includes chips, wafers, and equipment, while the midstream focuses on storage, packaging, and interconnection. The downstream segment involves complete server systems. Additionally, power and power electronics are crucial elements that should not be overlooked. The core progression within Nvidia's ecosystem is evident: computational power expansion leads to bandwidth upgrades, which are constrained by energy considerations, ultimately affecting server shipments.

0xSisyphus, the pseudonymous figure linked to the catastrophic collapse of AnubisDAO, has rebuilt himself as one of Crypto Twitter’s most visible self-appointed scam watchdogs — despite lingering criticism over the multimillion-dollar project failure that left victims empty-handed.

Coinbase released its Q1 2026 financial results: revenue plummeted 31% to $1.41 billion, exceeding market expectations. However, Coinbase's financial report reveals a "seemingly weak but actually strong" pattern.

The U.S. Treasury has privately urged Binance to fully follow its 2023 court-ordered monitoring programme after reports of over $1 billion in funds allegedly linked to Iran moving through the exchange.

Elon Musk, OpenAI, Sam Altman, Anthropic, OpenAI trial sequel: Musk's outburst, Tesla's financial injection and the inside story of the "haunted house meeting" - Golden Finance, the "tech nuclear war" is still unfolding, with bombshell revelations coming one after another.

AI Agent, OpenAI, LLM, OpenAI makes models "speak." Beware: Insulting AI is expensive. Golden Finance: Speaking isn't cheap.

Stablecoins, the Clarity Act, banks, the US Congress, the US Clarity Act, the regulatory legislation for stablecoins is about to reach its decisive moment. Golden Finance, bargaining.

Amazon Web Services (AWS) is bringing stablecoin payments directly into artificial intelligence infrastructure through a new partnership with Coinbase and Stripe, signaling a major step toward autonomous AI agents capable of transacting online without human involvement.

China accounts for 61% of global AI token usage, but the money it earns is probably less than a fraction of what Anthropic earns.

ARK Invest CEO Cathie Wood and Binance founder Changpeng Zhao shared the overall evolution of the crypto industry, covering the development of stablecoins, the role of AI, Bitcoin, the landscape of the exchange industry, and the future direction of global finance.