Crypto News

Odaily Planet Daily News SanDisk (SNDK. O) extended its gains to 10.9%, with a total market capitalization of more than $200 billion. (Jin Shi)

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

According to ChainCatcher news, Circle announced that it has submitted an opinion paper to the U.S. Office of the Comptroller of the Currency (OCC), making suggestions on the implementation rules of the GENIUS Act and listing six core points.

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.

Odaily Planet Daily News Dragonfly investor Omar Kanji posted on X that Coinbase's 14% layoffs are expected to save $225 million in annual compensation expenses. Previously, Coinbsea CEO Brian Armstrong posted on X that the company will lay off about 14% of its workforce due to market conditions and the transition to AI-native architecture.

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.

Odaily Planet Daily News Following WLFI's lawsuit against Justin Sun yesterday, Vincent Chok, founder of FDT (First Digital Trust), said today that WLFI is not the first target of Justin Sun's public targeting, and FDT has been involved in a lawsuit with him for more than a year. Vincent Chok said that over the past 12 months, Justin Sun has made public allegations against FDT, but no substantive evidence has been submitted so far. During this period, Justin Sun publicly offered two public bounties to solicit so-called "internal evidence", the amount increased from $50 million to $100 million, and so far no one has claimed it.

ChainCatcher news, quantum chip development company QuantWare announced the completion of a $178 million Series B financing, one of the largest financings in the quantum processor field today. This round is funded by Intel Capital, IQT, etc. The company plans to use funds to build the world's largest dedicated quantum chip factory, and promote the scale of quantum processors to increase by about 10 times compared to current commercial products, with a long-term goal of 100 times expansion. Founded in 2021 and originating from QuTech, QuantWare focuses on quantum processing unit (QPU) design and manufacturing, and currently supplies to more than 50 customers in more than 20 countries, making it one of the world's largest commercial QPU suppliers by shipment. Unlike IBM, Google, and other self-developed and self-use models, QuantWare is positioned as a neutral supplier, and its VIO platform supports a modular "chiplet" architecture to help third-party companies scale quantum chips. The company said that it will break through the expansion bottleneck of quantum computing in packaging, wiring and manufacturing through modular design and a dedicated factory with about 20 times higher production capacity, and accelerate the development of the global quantum industry chain.

Odaily Planet Daily News As the market waits for the clarity of the prospects for the reopening of the Strait of Hormuz, crude oil futures prices continue to show a tug-of-war trend. Analyst Nikos Chabras said in a note that the recent resumption of hostilities could undermine the ceasefire agreement, allowing the risk premium to be maintained. He added, (Jin Shi)

ChainCatcher news, according to Forbes, Bitcoin mining company GoMining plans to release GoBTC, a Bitcoin-native payment protocol based on its own block production, at the Consensus conference. The protocol provides users with instant authorization, settlement on the Bitcoin mainnet within hours, and charges merchants a 0.2% fee, an order of magnitude lower than Visa and Mastercard's 1.5% to 3.5% rates.

BWENEWS AI (No Accuracy Guaranteed): Securitize, Jump Trading Group, and Jupiter Launch Fully Onchain, Regulated Trading for Tokenized Equities - PRN