Odaily News According to GMGN data, the ZEREBRO DEV related token LLJEFFY market capitalization briefly surpassed 5 million USD, currently reported at 5.2 million USD. According to previous news, Zerebro co-founder Jeffy Yu passed away in May 2025 at the age of only 22, according to a Legacy announcement. Odaily

Jin10 reported on May 6th that the Federal Reserve (FED) will undoubtedly maintain the Intrerest Rate this week, but due to the uncertainty cast over the economic outlook by Trump's tariffs, this may be the last Federal Reserve meeting where the outcome can be predicted with such certainty.

According to the Gate.io News bot, Bloomberg reports that encryption staking service provider Figment is seeking acquisition projects in the range of $100 million to $200 million. The company is targeting acquisitions of projects that dominate on-chain in Cosmos, Solana, and other blockchains, as well as projects that focus on regional markets in Asia and South America. Figment CEO Lorien Gabel revealed that the company has issued letters of intent to multiple projects. Currently, the total staked assets managed by Figment amount to approximately $15 billion. The company plans to further expand its business after the Ethereum staking ETF receives regulatory approval in the United States. Source: Bloomberg

Odaily News According to a Legacy announcement, Zerebro co-founder Jeffy Yu passed away in May 2025 at the age of 22. It is reported that Jeffy has been a technology enthusiast since childhood, entering Stanford University to study computer science at the age of 15. By the age of 19, he was already working as a full-time software engineer in Santa Cruz. Two years later, he co-founded a company with others and expanded it to a valuation of 800 million dollars in less than six months.

RootData reports that the price of Verasity Token (VRA) is currently $0.0031, with a 24-hour rise of 35.37%. Verasity is a decentralized platform aimed at content creators and viewers, designed to create a fair and transparent system by tokenizing works and rewarding viewers for watching content, utilizing Blockchain technology and the Proof of View system to ensure accuracy and prevent manipulation.

Ethereum developer @neroeth discussed the latency execution and data availability optimization of EIP-7886 in a post on ChainCatcher. The proposal improves the block validation mechanism, allowing validators to preliminarily check the validity of blocks before transactions are fully executed. The research team proposed various implementation solutions that are expected to enhance network efficiency, but factors such as user experience, complexity, and fork choices need to be balanced. Currently, the research is in the design optimization phase.

XWeave, a Singapore-based stablecoin cross-border payments company, has closed a $3 million seed round aimed at providing instant, compliant, and cost-effective capital flows across markets without the need for escrow user funds. Investors include Jungle Ventures, Lightshift, White Star Capital, and others. The new funds will be used to expand the network to the Middle East and the rest of Asia.

Jin10 reported on May 6 that local time on the 6th, officials from the Palestinian Islamic Resistance Movement (Hamas) stated that further ceasefire negotiations with Israel regarding Gaza are meaningless.

Jin10 data reported on May 6th, the rare earth concept continued to pump in the late trading session, with multiple rare earth ETFs rising over 4%. The Harvest CSI Rare Earth Industry ETF rose 4.65%, the Huatai-PB CSI Rare Earth Industry ETF rose 4.43%, the FTSE CSI Rare Earth Industry ETF rose 4.38%, and the E Fund CSI Rare Earth Industry ETF rose 4.37%.

Ethereum developer @neroeth discussed "latency execution and free DA issues" in a recent article. He proposed that latency execution (EIP-7886) changes the verification process by introducing pre-verification and pre-charging mechanisms to address the problem of invalid transactions occupying resources without compensation. The article presents four solutions: optimistic verification, pre-verification, pre-charging, and no-op in the execution layer, aiming to ensure that data writing incurs costs, avoiding network congestion and economic injustice.

Gate.io News bot message, Ethereum developer @nero_eth recently published an article discussing the data availability issues under the latency execution (EIP-7886) mechanism. According to the article, the latency execution mechanism has changed the block validation process. Validators verify the validity of blocks through pre-checks (including nonce, balance, etc.) instead of waiting for transactions to be fully executed. When a transaction fails due to insufficient balance (for example, after transaction A consumes account B's balance, B's transaction cannot pay for Gas), this data has already been written into the block and processed by the validators, but the fees have not been paid. For the issue of free data availability (Free DA), the article proposes four solutions: optimistic authentication, pre-validation and pre-charging, pre-charging entities, and no-operation execution layers. These solutions ensure that the cost of writing data must be paid through methods such as pre-deducted fees, block reorganization, or state rollback. Source: Wu Says

Trump stated that Russia and Ukraine are seeking reconciliation, and after the fall in oil prices, Putin is more inclined towards peace. Putin announced a three-day ceasefire, and Trump believes that now is a favorable time to resolve the Ukraine conflict.

According to news from the Gate.io News bot and a report by Cointelegraph, Celsius founder Alex Mashinsky has expressed objections to the 20-year prison sentence proposed by the U.S. Department of Justice. Mashinsky admitted in December 2024 to charges of commodity fraud and manipulating the price of the CEL Token, having made $48 million in profits by selling tokens prior to the collapse of Celsius. On May 5, his legal team submitted a response memorandum to the New York District Court, requesting to reduce the sentence to less than 366 days. The legal team pointed out that Mashinsky, as a first-time non-violent offender, has a flawless business record spanning 30 years.

The founder of Celsius is accused of fraud and manipulating token prices, facing 20 years in prison, which has sparked strong dissatisfaction. Alex Mashinsky is alleged to have earned 48 million USD in 2024 from the case and is currently requesting a sentence reduction to within 366 days. He admitted to the crime before Celsius filed for bankruptcy, with the case involving 4.7 billion USD in debt and losses for hundreds of thousands of users.

On May 6, Jin10 reported that Goldman Sachs published a research report indicating that the net profit of China COSCO Shipping Ports (01199.HK) in the first quarter rose 33% year-on-year, but fell 4% quarter-on-quarter, outperforming expectations, mainly driven by the group's overseas performance. The bank raised the group's European port throughput forecast and upgraded its net profit forecast for 2025 to 2027 by 1% to 2%. After adjusting the market capitalization of listed assets, the target price was lowered from HKD 5.4 to HKD 5.3, maintaining a buy rating.

Jin10 data reported on May 6 that Keda stated at the performance briefing that the trend of transferring data center power from UPS to HVDC is not clear. From the current perspective, the company still believes that UPS will be the mainstream backup power source for data centers in the future. In recent years, the company has been continuously upgrading its UPS products, with significant optimization in efficiency, space, and cost. As for HVDC products, the company has always had relevant technical reserves and plans to launch new HVDC products at the right time to meet the differentiated needs of different scenarios and customers.

According to BlockBeats news on May 6, data from Nansen shows that the number of active addresses on the Solana network in the past week was approximately 24.2 million, ranking first in the entire network. The number of active addresses on the Tron network was 5.9 million, while Base had 5.4 million, ranking second and third respectively.

Saudi Arabia hinted at launching a painful price war to maintain its dominance, but with the current global economic conditions, increasing supply may not stimulate the ideal demand response, and demand is key to success. The 20% drop in oil prices is mainly due to concerns about demand triggered by the Trump trade war. A big dump in oil prices may not necessarily lead to a surge in demand, and it could result in oil-producing countries fighting fiercely for demand, disrupting market control.

Recently, the issuance of FOF has once again seen a "small hit", with factors such as market recovery contributing to this phenomenon. In the first quarter, the number of newly issued FOFs increased by 166.67% month-on-month, while the fundraising scale surged by 1346.12% month-on-month. There are operational flaws in the personal pension business, such as "unable to retrieve retirement personnel information and unable to withdraw pension funds", exposing issues in information systems and other aspects that require relevant institutions to improve data interaction quality.

Jin10 reported on May 6th that Langma Information stated on the interactive platform that R&D expenses mainly include leasing costs, depreciation costs, custody fees, labor costs, and so on. The primary reason for the year-on-year decline in R&D expenses in the first quarter of 2025 is that the company concentrated resources on R&D in the field of medical artificial intelligence, which led to optimization of existing businesses and personnel, resulting in a 32.55% decrease in R&D expenses in the first quarter of 2025 compared to the first quarter of 2024.

Odaily News According to SoSoValue data, yesterday (Eastern Time May 5) nine Ethereum Spot ETFs had no net inflows or outflows throughout the day, showing a state of zero change. As of the time of publication, the total net asset value of the Ethereum Spot ETF is $6.308 billion, with an ETF net asset ratio (market value relative to the total market value of Ethereum) reaching 2.89%. The historical cumulative net inflow has reached $2.508 billion.

Stalkchain reports that smart money is closely monitoring multiple encryption tokens. AVA, FARTCOIN, and VIRTUAL are attracting significant capital inflows, while PORK and SAN are also seeing funds pouring in, suggesting that institutional investors may be getting in early. HOSICO and TITCOIN have strong demand, but the capital inflows for the larger market capitalization POPCAT have weakened, indicating that the rise momentum may be slowing down.

Gate.io Launchpool's operational data in April shows that a new project is launched on average in less than two days, with most projects having an Annual Percentage Rate of 5%-98%, and some high-quality projects offering staking yields of over 500% in their native coins. Currently, there are 5 ongoing projects. Gate.io Launchpool combines mainstream token staking with airdrops of new coins, allowing users to participate in mining using BTC, ETH, USDT, GT, and other mainstream tokens to earn interest on their holdings, and supports redemption at any time.

On May 6, Jin10 reported that documents from the U.S. Department of Justice indicate that Alphabet's Google should be forced to sell two of its businesses that help websites purchase, sell, and provide online advertising services. A U.S. judge found that Google illegally monopolized these markets. The Department of Justice stated in the documents that Google should be ordered to immediately sell its advertising trading platform AdX, and then "gradually" divest its service that helps websites sell display ads, namely the Google Ad Manager platform DFP. The Department of Justice documents indicated that remedial measures are necessary to terminate Google's monopoly position.

Jin10 data reported on May 6th, JPMorgan's latest U.S. Treasury client survey shows that 64% of its clients maintain a neutral stance, while 24% of clients are net Long Positions. Jay Barry, the head of global Interest Rate strategy at JPMorgan, stated that this net Long Position ratio for U.S. Treasuries is lower than the peak of 32% reached in the week of April 7th.

According to Gate.io News bot, Treasure Chain has confirmed that it will cease operations on May 30, 2025. The official notice requires all asset holders to complete the redemption of assets such as ETH, MAGIC, SMOL, and NFT before the deadline. This decision stems from the restructuring announcement previously released by Treasure DAO, which has decided to terminate game operations and the Treasure Chain business due to financial conditions.

Goldman Sachs released a research report indicating that Standard Chartered Group's profit in the first quarter of this year exceeded expectations by 17%, with pre-tax profit exceeding market expectations by 5%. The underlying return rate reached 16.4%, and the earnings per share forecast for the fiscal year 2025 has been raised by 6%. The forecasts for the fiscal years 2026 to 2028 have been adjusted upwards by 2%, 2%, and 1% respectively, with a target price for H-shares set at HKD 111 and a neutral rating.

BlockBeats news, on May 6, according to the official announcement, Treasure Chain will close on May 30, 2025. Asset holders must redeem all ETH, MAGIC, SMOL, and NFT holdings by the end of May. According to previous news, Treasure is facing restructuring due to a financial crisis and will terminate game operations and Treasure Chain.

Jin10 reported on May 6 that Anders Persson, Chief Investment Officer and Global Head of Fixed Income at Nuveen in North Carolina, stated, "We currently have a neutral stance on U.S. Treasuries, leaning more towards the front end of the yield curve, as I expect this part to remain relatively stable in response to future rate cuts by The Federal Reserve (FED). In an environment of policy uncertainty and unclear prospects, we are not willing to make large-scale bets."