Xingye Technology said its shares have risen sharply, with the cumulative deviation in closing-price gains exceeding 20% over two consecutive trading days. According to Jin10, the company said it plans to acquire net assets related to an indium phosphide business, with the book value expected to be no more than 25 million yuan. It estimated the business would generate no more than 5 million yuan in revenue from January to May 2026, representing a very small share of the company’s 2025 revenue, and said the impact on current-period revenue and net profit was expected to be minimal. The company said the proposed acquisition still needs to be reviewed by its board of directors and remains uncertain. Xingye Technology said its main business remains the processing and sale of natural leather materials, and it has no management experience or related resources in the semiconductor new materials field. The company also warned that its share price has been highly volatile due to market sentiment and concept-driven speculation, has diverged from current performance, and faces the risk of a significant pullback.

XRP has fallen 50% over the past year even as activity on the XRP Ledger climbs toward record highs. According to BeInCrypto, Ripple’s dollar-pegged stablecoin RLUSD is pulling fresh money onto the network and deepening AMM liquidity pools without materially boosting demand for XRP. RLUSD supply on XRPL is near $785 million across about 45,500 holders after jumping nearly 30% in a month, with roughly 82% held by the top 10 wallets. BeInCrypto also cites futures positioning showing XRP open interest near $3.45 billion across 125 perpetual venues, with funding rates mostly positive as traders lean long.

The U.S. current account balance posted a deficit of $226.8 billion in the first quarter. According to Jin10, the market expectation was a deficit of $215.0 billion. The prior reading was revised to a deficit of $221.1 billion from an earlier reported deficit of $190.7 billion.

U.S. lawmakers are debating whether cryptocurrency and fintech firms should be granted limited direct access to the Federal Reserve through so-called skinny accounts. According to NS3.AI, the proposal has prompted dozens of letters, with support from the crypto industry and concerns from community banks about safety. The discussion follows an executive order issued later in May by U.S. President Donald Trump directing the Federal Reserve to evaluate access to payment rails for fintech firms, including crypto companies.

The three major U.S. stock indexes closed mixed today, with the Dow Jones Industrial Average gaining 0.36%. According to NS3.AI, the S&P 500 slipped 0.09% while the Nasdaq Composite declined 0.43%. The session ended with modest divergence among the benchmarks, as the Dow finished higher and the broader S&P 500 and tech-heavy Nasdaq closed lower.

Micron Technology CEO said it is currently not possible to predict when memory supply will catch up with demand. According to Odaily, the CEO expects the tight supply situation to continue beyond 2027.

Upheaval at the Ethereum Foundation has left some of crypto’s biggest names feeling bullish on Ethereum, according to CoinDesk, after an eventful week that began with the launch of EthLabs and included layoffs at the Ethereum Foundation. CoinDesk said the developments are being watched for what they could mean for the Ethereum network.

Strategy是全球最大的上市公司比特币持有者，曾经比特币现象级正向螺旋的制造者，而现在有进入死亡螺旋的迹象。

近100名天主教领袖和四个美国执法团体反对《CLARITY法案》的一项关键内容，警告称这可能会削弱打击人口贩运和加密货币犯罪的努力。随着反对声浪日益高涨，该法案在参议院投票前面临更大压力。

MoonPay 已收购人工智能会计初创公司 Entendre，旨在将业务范围从加密货币支付扩展至更广领域，并实现后台财务运营的自动化。

一名纽约男子因利用虚假Telegram账号实施加密货币诈骗，骗取超过140万美元，被判入狱15个月。他曾承诺支付质押奖励，但从未将资金投入使用，当局已追回大部分赃款。

诈骗分子正利用虚假的《GTA 6》网站，诱骗玩家为并不存在的抢先体验版下载支付加密货币。这些网站仿冒官方商店，收取约250美元的费用，且受害者无法追回损失。

根据周三发布的最新会员协议，预测市场平台Kalshi已将印度列入其受限司法管辖区名单，使其被封锁的地区总数增至55个。

币安联合创始人何毅关于一名涉嫌冒充者的警告，已演变为一场涉及加密货币衍生品交易所CoinUp的更广泛争议，这凸显了声誉之争在业内扩散之迅速。

谷歌正在支持人工智能初创企业（包括由前员工创立的企业），提供最高35万美元的云服务抵扣额度、技术指导以及使用其基础设施的权限，且不要求获得股权。

一名纽约律师正敦促一名州法官强制一名匿名原告披露其身份，此案性质特殊，涉及对约380万枚比特币的合法所有权主张，其中包括与比特币化名创始人中本聪相关的比特币。

韩国正将其“汉江计划”数字货币从测试阶段推进至实际的银行和支付系统中，包括政府层面的应用。各银行对此表示支持，但同时警告称，这将耗资巨大，并需要对系统进行重大升级。