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BlockBeats reported on May 25 that Lookonchain monitoring shows that the whale who previously shorted HYPE before its surge is now closing positions and selling HYPE. It has released 443,180 tokens (about $27 million), including selling 231,899 tokens (about $14.15 million); the remaining 211,281 tokens have not been sold yet (about $13 million). However, it still holds a short position of 141,500 tokens, and the unrealized loss has exceeded $2.5 million.

CryptoQuant data shows that Bitcoin miner reserves have decreased to approximately 41,915 BTC, with supply still flowing in, and the Miner Position Index (MPI) at around -0.26, indicating that suppressive selling has not led to panic selling. Analyst PelinayPA pointed out that moderate supply pressure makes Bitcoin more likely to consolidate in the short term rather than rebound quickly, and the true market bottom still requires time to confirm. Investors should remain cautious of ongoing volatility.

Canadian publicly listed company Republic Technologies announces the integration of Sign's products into the capital markets and listed company workflows, focusing on verification, identity, programmable capital, and settlement-related listed equity. This move marks the first time Sign's software system has been adopted by a publicly listed company, demonstrating its expansion from on-chain infrastructure to traditional capital markets, with potential future applications in auditing, compliance, and information disclosure processes.

Firecrawl officially open-source web proxy framework Web Agent, performing the "search-crawl-interact" closed-loop task through Plan-Act cycles and parallel sub-agents in separate browser sessions, compatible with self-hosted large models like Anthropic, OpenAI, and others. Developers can quickly generate templates using firecrawl create agent, and encapsulate complex processes as Skills through SKILL.md. The new version defaults to Claude Opus 4.7, includes a financial skill package, licensed under MIT, encouraging community Forks and secondary development.

Nasdaq-listed Bitcoin Treasury Company Nakamoto announces a 1-for-40 reverse stock split to meet the minimum listing price requirement.
The shareholders' meeting has approved, and after the split, the outstanding shares will decrease from approximately 696 million to about 17.4 million, with the par value and authorized capital remaining unchanged.
The split will take effect at 12:01 PM Eastern Time on May 22, 2026, and trading will open at the new price after the split, with the trading symbol still being NAKA.

JPMorgan Chairman Dimon warns bond investors that interest rates could rise significantly from current levels, shifting savings from excess to shortage. Rising oil prices, fiscal concerns in various countries, and AI-driven growth are putting pressure on long-term bonds as investors seek higher long-term returns. He stated that it is unknown when the market will become overly panicked due to these factors or when inflation will suppress demand for long-term securities, but that day will eventually come.

ME News reports that Xiaomi miclaw has passed an evaluation of the mobile intelligent assistant Claw by the China Academy of Information and Communications Technology, becoming the first domestically recognized mobile intelligent agent. The evaluation follows the “General Framework for Intelligent Assistant Benchmark Testing,” assessing performance across three dimensions: basic capabilities, on-device applications, and comprehensive capabilities. The system is built on the self-developed MiMo large model and has four key capabilities: full-ecosystem underlying support, deep memory, cross-domain interconnection, and continuous self-improvement and evolution. It can connect devices such as smartphones, PCs, cockpits, and AIoT, and autonomously complete complex instructions. (Source: BlockBeats)

BlockBeats News, May 20th, according to Onchain Lens monitoring, Anchorage-related wallet withdrew 44,510 HYPE tokens from Gate, worth approximately $2.16 million.
In the past month, this address has accumulated a total of 2.38M HYPE tokens, valued at about $119 million, all of which have been staked.

According to a report from the Coin World network, the Pentagon is testing multiple artificial intelligence models to determine which models its 25 “super users” prefer, while accelerating the search for a replacement for Anthropic’s Claude. Testing began in early March—just three days after Defense Secretary Hegseth announced Anthropic as a supply-chain risk. After parting ways with Anthropic, the Pentagon gave itself six months to gradually phase out the company’s products. Earlier this month, the Pentagon announced new agreements with several other companies to use their AI tools on classified networks, seeking to develop multiple new vendor models.

According to ThePrint, an official from India's Ministry of Electronics and Information Technology stated that the Indian central government has issued a blocking order to Polymarket and is moving forward to issue the earliest blocking order to Kalshi on Friday to enforce the ban on prediction market platforms still operating in India. The report said that Kalshi and Polymarket had previously been asked to cease operations in India but still allowed Indian users to register and trade; the relevant orders are expected to be issued under Section 69A of the Information Technology Act, requiring internet service providers to block access at the network level, with intermediaries that fail to comply facing up to 7 years in prison and fines. India's "Online Gaming (Regulation and Promotion) Act, 2025" came into effect on May 1, banning real-money online gaming and its provision, advertising, and related financial transactions.

BlockBeats states that the seven core OPEC+ oil-producing countries are likely to modestly raise their July production target by about 188k barrels per day at the June 7 meeting, despite some supplies being hindered by the Iran conflict. Although targets have been continuously increased since April, the UAE's withdrawal in May weakened influence, potentially boosting internal cohesion. The other two meetings on June 7 are expected to make no policy adjustments.

BlockBeats News: On May 21, as HYPE reaches a new high, on-chain bullish and bearish sentiments diverge again. As of press time, the largest short position loracle.hl has an unrealized loss of approximately $25.9 million, with 1.82 million HYPE shorts, currently valued at about $109.5 million, with a liquidation price of $68.8. The largest long address has an unrealized profit of about $28.64 million, having opened a long position of 1.38 million HYPE at $38.6 in November last year, holding the position for 7 months.

The U.S. government issues permits allowing a major shipbreaking buyer to purchase four ships that were sanctioned due to transportation of Iran-related cargo, potentially providing a legal exit route for Iran and Russia's shadow fleets; the relevant ships will be dismantled and recycled. U.S. officials say that case-by-case licensing may be more widely applied to clear high-risk ships globally.

CryptoWorld News reports that NVIDIA CEO Jensen Huang stated that the $20 billion estimate for Vera CPU is based on sales of standalone CPUs and does not include sales combined with Rubin chips.

Crypto news, Missouri Attorney General Catherine Hanaway filed a lawsuit on May 21 against GPD Holdings LLC, the company behind Coinflip, accusing the crypto ATM operator of allowing fraudulent transactions and using improperly disclosed fees.
The complaint requests the court to find that Coinflip's actions violate Missouri's Commodity Transactions Law, and to order the cessation of its operations in Missouri, recover consumer losses, and impose a $1,000 fine for each violation, with a maximum of $1.826 million.
Hanaway's office stated that the case involves scam activities that use crypto ATMs to quickly transfer victims' funds, transactions that are often difficult to trace and have unclear fee disclosures.

BlockBeats reports that Bankless laid off a large number of employees yesterday without thanking or announcing it. Hoffman has fully liquidated all ETH; Adams stated that Bankless's first era has ended and they will enter the second phase, stepping back from the spotlight, continuing to appear on the podcast but with less involvement, led by Hoffman, still optimistic about ETH and Bankless.

CryptoWorld News: LayerZero Labs discloses KelpDAO bridge attack, approximately 116,500 RSETH stolen, with a market value of about $292 million. The attacker poisoned RPC infrastructure and overwhelmed external nodes, forging cross-chain messages, prompting applications to adopt 1-to-1 DVN configurations. The incident only affected KelpDAO's 1-to-1 setup and did not impact other assets or applications. Occurred on 2026-04-18. LayerZero is improving risk configurations and will no longer sign any application messages with 1/1 configurations.

Good morning everyone. Have a great and successful day ahead