Members of the American Bankers Association have sent over 8,000 letters to Senate offices since last Friday, urging lawmakers to revise the stablecoin yield compromise proposal. According to ChainCatcher, insiders reveal that this figure does not include additional lobbying efforts conducted via phone calls.

On May 13, 2026, 01:11 AM(UTC). According to Binance Market Data, BNB has crossed the 670 USDT benchmark and is now trading at 670.440002 USDT, with a narrowed 0.56% increase in 24 hours.

The Trump Organization announced on Wednesday that it has abandoned plans to build its first skyscraper in Australia, citing the failure of its Australian partner to meet certain financial obligations. According to Jin10, the company had signed an agreement in February with Altus Property Group to develop a 91-story skyscraper in the popular beachfront tourist destination of Gold Coast, Queensland. The project was valued at 1.5 billion Australian dollars (approximately 1.09 billion USD). The Trump Organization stated that the project's continuation was contingent upon the franchise partner Altus fulfilling certain obligations, which have not been met. The company added that it will promptly explore other potential projects to establish Trump properties in Australia.

New Zealand Prime Minister Luxon has announced the government's commitment to reducing national debt to 40% of GDP. According to Jin10, this initiative is part of a broader fiscal strategy aimed at ensuring economic stability and growth. Luxon emphasized the importance of maintaining a sustainable debt level to support the country's financial health and future development.

Sei Labs announced that Sei Network has officially disabled the IBC asset transfer function following a community proposal. According to Foresight News, users holding IBC assets on the Sei Network are advised to transfer their assets cross-chain promptly, as the network plans to further disable IBC asset withdrawal in the future. Sei Labs noted that the Sei v6.4 upgrade in April included a mechanism to disable IBC asset transfers. Wallets holding these assets have previously received airdrop notifications, urging users to complete bridging or exchange operations before Sei fully transitions to an EVM-only architecture. This move indicates Sei's gradual shift away from the original Cosmos IBC ecosystem compatibility towards an EVM chain focus.

Blockchain sleuth EmberCN posted on X that Spark has commenced its third month of the SPK buyback initiative. Six hours ago, the company transferred 326,900 USDS to the buyback wallet and began repurchasing SPK tokens. In the previous two months, Spark spent a total of 986,000 USDS to buy back 41.372 million SPK tokens, with an average repurchase price of $0.0238 per token.

Emerging blockchain projects such as Canton, Arc, and Tempo are raising funds at valuations of billions of dollars, which sends a key signal.

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse at 8 AM," issue 3055, providing you with the latest and fastest news on the digital currency and blockchain industry.

The traditional talent market favored companies that could make employees feel superior by being "selected".

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.

The CLARITY Act, CLARITY Relaunch: US Crypto Regulatory Legislation Enters a Critical Window (Golden Finance) - US cryptocurrency regulatory legislation is entering a critical window.

Coinbase, Coinbase is besieged on all sides. Golden Finance reports that exchanges are beginning to confront the structural problems of the cryptocurrency market.

This signifies that the competition in the stablecoin sector has escalated from "issuing tokens" to "building blockchains," shifting from vying for circulation volume to vying for control of the infrastructure.

Shares of Circle surged nearly 16% Monday to $131.76 — their highest level since March — after the USDC issuer delivered strong Q1 earnings and unveiled a massive $222 million ARC token raise that reinforced investor confidence in the rapidly expanding stablecoin economy.

Artificial Intelligence, Post-2000s Dropouts: Three Weeks of Code, Three-Person Team Creates Top 10 Consumer AI Applications in the US (Golden Finance), Three Young Men Manage the World's Largest Female-Oriented AI Romance Fantasy Website.

Prediction markets are wealth transfer machines, and bots are their operators.