Crypto News

According to ChainCatcher news, market analysts pointed out that DAT (Digital Asset Treasury/Asset Management Carrier) currently holds about 9% of HYPE circulation in the Hyperliquid ecosystem, accounting for a higher proportion than similar structures of mainstream assets such as BTC, ETH, SOL, and BNB. Analysts believe that DAT, as an important carrier of institutional participation, has introduced a new "balance sheet buying" to the market, making up for the lack of continuous allocation of funds in previous cycles. Among them, HYPE is one of the few assets currently trading at a positive mNAV (market value premium), giving related treasury instruments stronger financing capabilities. In addition, the recent revision of ETF application documents is seen as a sign of gradual clarity on the approval path. The report pointed out that in the context that DAT has continued to absorb liquid chips, if the ETF is approved, the new passive funds will directly act on the relatively limited circulation order, and superimpose the early institutional position structure, which may form more direct support for the price. However, the analysis also suggests that HYPE's current circulation ratio is still low compared to the fully diluted valuation (FDV), and the release of structural supply is still a potential variable.

According to ChainCatcher news, Google Cloud and the Solana Foundation have jointly launched a payment system Pay.sh for AI agents, supporting on-demand payment of API call fees on the Solana chain through stablecoins. The system is based on the x402 protocol incubated by Coinbase, allowing AI agents to discover, call, and pay API resources without registering an account or subscribing to services, achieving a "pay as you go" micropayment model. According to reports, AI agents can bind Solana wallets as identity identifiers, recharge balances through stablecoins or credit cards, and automatically complete payments when calling cloud services including data analysis and model inference. Pay.sh runs on Google Cloud and connects backend services through the API proxy layer, such as large model calls and container applications. In addition, the system is compatible with Machine Payments Protocol (MPP) and connects to more than 50 API service providers, covering scenarios such as communication, e-commerce, and on-chain data. Officials said the model will help promote the development of the "Agentic Economy", allowing AI agents to consume and call Internet services independently.

According to ChainCatcher news, Bitcoin mining company IREN Limited has agreed to acquire cloud infrastructure software company Mirantis in an all-stock transaction of approximately $625 million to improve its AI cloud business layout. The acquisition will introduce key software and orchestration capabilities to IREN to help it better monetize its expanding GPU and data center resources. Mirantis focuses on Kubernetes-based cloud infrastructure tools that enable automated deployment, scaling, and management of containerized applications. Analysts noted that the deal values Mirantis at about 4 to 5 times its revenue and is intended to help IREN catch up with AI cloud competitors such as CoreWeave and build a complete "full-stack new cloud" capability. This merger and acquisition is also a significant step in IREN's transformation from a Bitcoin miner to an AI infrastructure platform. Previously, the company had raised about $3.6 billion through equity and convertible bonds to expand GPU and data center production capacity, and the overall construction investment may exceed $9 billion. Upon completion of the transaction, Mirantis is expected to operate as a separate subsidiary.

According to ChainCatcher news, according to Golden Ten, US President Donald Trump said that despite the skirmishes, the stock market hit a record high today.

According to a report by the Iranian Student News Agency on the 5th, an official in the Iranian presidential office denied rumors that Iranian President Pezehizyan may resign. The official said that the relevant claims were not true and that there was no need to consider such issues in the current situation. The report also said that the relevant claims were rumors created by some media in the absence of topics. (Xinhua News Agency)

ChainCatcher news, on-chain detective ZachXBT tweeted that the DSJ Exchange (DSJEX) and BG Wealth Sharing Ponzi scam collapsed last week, with a total amount of more than $150 million. The scam has been in operation since 2025, luring victims with high daily returns of 1.3%-2.6%. Between April 27 and May 3, criminals transferred and laundered over $92 million in funds across chains to cover up their tracks. ZachXBT said it has assisted Tether, Binance's security team, OKX, and U.S. law enforcement agencies, and has frozen more than $41.5 million in funds, including Tether freezing $38.4 million USDT on the TRON chain in a single time on May 4. ZachXBT reminds that this type of scam mainly targets ordinary retail investors, and victims should report the case to the local police promptly.

According to Lookonchain monitoring, a trader who was long 321.46 BTC for $26.14 million 12 days ago created a new wallet 2 hours ago and went long 307.7 BTC again with 5x leverage, worth $25.04 million. The trader currently has a total BTC position of 629.16 coins, valued at $51.18 million.

BWENEWS AI (No Accuracy Guaranteed): Coinbase invests 'seven-figure' sum in Centrifuge, making it Base's primary tokenization partner | source: The Block

On the afternoon of May 5, local time, Iran's Supreme Leader's foreign affairs adviser Verayati told the outside world that the Strait of Hormuz has been closed and will not be reopened unless "the national will of the Islamic Republic of Iran decides." In a statement, Verayati said that US President Trump's claims about limiting Iran's missile capabilities are unfounded, that Iran and the United States are still at war and will continue to carry out "resistance". (CCTV)

Odaily WorldClaw (worldclaw.ai) officially launched today and released its first product, WorldRouter, in which Pro and Max users have the opportunity to qualify for a private Mar-a-Lago dinner with Donald Trump Jr. WorldRouter brings together routing gateways for 300+ mainstream AI models such as Claude, GPT, and Gemini, with 35% lower call costs than B.AI and native $USD 1 settlement. WorldClaw integrates the WLFI AgentPay SDK to achieve instant and transparent on-chain settlement with $USD 1 stablecoins, covering agent-to-agent payments, and building a complete economic closed loop from computing power call to final payment. Its vision is to bring AI into an open economy where users can develop their own agents and monetize them directly.

According to CoinDesk, Crypto.com announced that its chief marketing officer Steven Kalifowitz will officially step down on June 30 and then move to the company's CEO advisor. During his nearly six years in office, Kalifowitz led the company's more than $1 billion in brand marketing and partnership investments, driving Crypto.com from a trading app to a globally recognized crypto brand. These included a $700 million, 20-year arena naming rights partnership (Crypto.com Arena) and $100 million in advertising marketing with Matt Damon. In addition, the company has reached high-exposure collaborations with Formula 1, UFC, etc. This personnel change marks a phased adjustment of Crypto.com's brand strategy.

According to Fortune, Solana's ecological infrastructure project Jito plans to launch JTX, a user-facing trading application, in July, officially entering the consumer trading market. The application will initially support spot trading, and will be connected to perpetual contracts and prediction market functions in the future. According to Lucas Bruder, CEO of Jito, the company no longer relies solely on third parties to build products on top of its infrastructure, but is actively expanding its client-side applications. Jito previously received a $50 million investment from venture capital firm a16z Crypto in 2025.

Odaily Planet Daily News Micron Technology (MU. O) market capitalization exceeded $700 billion and is now up nearly 8%. According to previous news, an address deposited 1.5 million USDC into Hyperliquid and opened a long order for xyz:MU (Micron) with 5x leverage, with a floating profit of $260,000.

ChainCatcher news, according to Hyperliquid testnet information, the platform is testing new event contracts, including 15-minute cryptocurrency ups and downs in the market.

ChainCatcher news, according to official news, AI prediction market operating system Elastics has completed a $2 million Pre-Seed round of financing, led by Frst and others, with participation from ElevenLabs, XBTO, RedStone and a16z.

According to ChainCatcher news, OnRe Finance has completed a $5 million financing, led by Forward and Rockaway, and the funds will be used to accelerate the development of Solana's on-chain reinsurance business. Forward plans to deploy up to $25 million to OnRe's ONyc token to gain exposure to tokenized reinsurance proceeds.

ChainCatcher news, according to CoinDesk, Galaxy Digital and State Street jointly launched the tokenized fund "State Street Galaxy Onchain Liquidity Sweep Fund (SWEEP)" to migrate cash management and yield products to the blockchain network to achieve on-chain liquidity management that runs 24 hours a ×. This product allows institutional investors to allocate stablecoins to the fund, maintaining the ability to redeem at any time while obtaining returns, breaking through the trading hours of traditional money market funds. The fund was initially built on Solana and plans to expand to Ethereum and Stellar. Galaxy is responsible for the tokenization infrastructure, Anchorage Digital provides custody services, and State Street manages the underlying traditional securities assets. This launch continues the trend of institutional exploration of on-chain cash management, after BlackRock's BUIDL fund has verified institutional demand for tokenized U.S. Treasury products, driving continuous inflows of funds into on-chain fixed-income assets. With over $5 trillion in assets under management, State Street is seen as an important step in fully tokenizing traditional financial products and marks the gradual extension of on-chain financial infrastructure into institutional-level cash management.

ChainCatcher news, according to PR Newswire, Global Millennial Capital (GMCL) announced that its first "IPO Opportunities Fund" has completed a final fundraising of US$100 million, with investors including family offices from Saudi Arabia, Kuwait and Qatar, as well as international wealth management institutions. It will also provide professional and institutional investors with investment opportunities in technology companies close to liquidity events through private placement. The fund mainly deploys medium-sized technology companies with a market capitalization of $5 billion to $20 billion, focusing on artificial intelligence, DeFi technology and other fields, focusing on companies with scalable business models, stable revenue structures and mature governance systems. GMCL said that such mid-cap technology companies are in the early stages of value release, but are often overlooked by large funds and early investors. The fund strategy will focus on participating in the key stages before the IPO or strategic exit of the company, while strengthening risk management and investment discipline.