Crypto News

Today (05/07/2026)
Odaily
Odaily and 1 source
CZ: Wall Street and crypto should essentially be the same industry
Odaily Planet Daily News CZ said in a podcast conversation with Cathie Wood that "Wall Street and crypto should essentially be the same industry." He pointed out that Binance's current approximately 320 million users are driving strong demand for high-quality real-world assets (RWAs), and tokenization is accelerating the entry of assets such as gold, crude oil and stocks into the on-chain market. The tokenization trend is making traditional assets more accessible to crypto-native investors, while geopolitical volatility is also making the "24-hour global market" the new normal in the financial system. In addition, traditional financial institutions were the strongest skeptics in the crypto industry in 2015, but now they have gradually shifted to participate in construction and infrastructure layout, and industry boundaries are rapidly converging.
ChainCatcher
Odaily
TechFlow
ChainCatcher and 3 sources
The Nasdaq rose above 26,000 points, a record high
According to ChainCatcher news, according to Gate market data, the Nasdaq Composite Index hit 26,000 points and was last reported at 26,017 points, an increase of 0.68% during the day. Nvidia shares rose 2.97%, Microsoft shares rose 2.37%, and Tesla shares rose 3.66%.
ChainCatcher
ChainCatcher and 1 source
Aave will overhaul collateral and adjust asset listing standards to address the risk of KelpDAO vulnerabilities
ChainCatcher news, according to CoinDesk, Aave Labs will rewrite the asset listing and collateral risk control rules, add a review of compatibility, network security, and underlying architecture in addition to the existing price and volatility assessment, and issue minimum standard guidelines for asset issuers. This move stemmed from the attack on KelpDAO's cross-chain bridge in April, where hackers minted approximately $293 million in unendorsed rsETH and lent real wETH on Aave, causing hundreds of millions of dollars in bad debts to the protocol. Aave will also shift from a single-pool perspective to studying systemic correlations between different DeFi protocols to reduce cross-protocol risks and call on other DeFi projects to follow similar standards.
Odaily
Odaily and 1 source
Ethena: Gold has more space for futures and cash arbitrage than BTC and ETH
Odaily Planet Daily News Ethena officially released an arbitrage analysis on the gold token (PAXG, XAUT) perpetual contract market on X. Data shows that over the past twelve months, PAXG's annualized funding rate has been 5.8% and XAUT's has been 12.4%, both well above the average for BTC and ETH over the same period (5.2% and 4.1%, respectively). The daily volatility of the gold funding rate is higher than that of cryptocurrencies, which is due to the lower trading volume in the market, but the gold funding rate is positive 82% to 89% of the time, which is largely in line with BTC (88%) and ETH (85%). In addition to this, Ethena also said that the funding rates of gold and cryptocurrencies are almost unrelated, and when the funding rates of cryptocurrencies are compressed, the funding rates of gold tend to remain stable or rise. Therefore, including gold perpetual contracts in the futures and spot arbitrage portfolio (holding both spot and equal short orders) will increase the level of return and reduce yield volatility.
Odaily
Odaily and 1 source
Coinbase adds Nexus (NEX) to its listing roadmap
According to the official announcement, Coinbase has added Nexus (NEX) to its listing roadmap.
ChainCatcher
ChainCatcher and 3 sources
Hamak: Cutting interest rates more than reasonable will push up inflation
ChainCatcher news, according to Jinshi, Fed official Hamak said that cutting interest rates more than a reasonable range will push up inflation.
ChainCatcher
ChainCatcher and 1 source
Hamak: The war will lead to more persistent price pressures
ChainCatcher news, according to Jinshi, Fed official Hamak said that the war means that price pressures may be more prolonged.
ChainCatcher
ChainCatcher and 2 sources
Hamack: The Fed has failed to meet its inflation target for years
ChainCatcher news, according to Jinshi, Fed official Hamak said that the Fed has failed to meet its inflation target for years.
ChainCatcher
ChainCatcher and 2 sources
Hamak, high inflation forces more people to make trade-offs
ChainCatcher news, according to Jin Shi, Fed official Hamak said that high inflation is forcing more people to make trade-offs.
ChainCatcher
Odaily
ChainCatcher and 2 sources
Hamak: The Fed's benchmark scenario is that interest rates will remain unchanged
ChainCatcher news, according to Jinshi, the Federal Reserve's Hamak said that the benchmark scenario is that interest rates will remain unchanged for a longer period of time.
Odaily
ChainCatcher
TechFlow
Odaily and 3 sources
Lido updates Kelp security incident handling progress: EarnETH vault plans to reopen after the protocol is restored
Odaily Planet Daily News Lido released the latest progress on the Kelp security incident, stating that the Snapshot vote on the EarnETH first loss protection mechanism below the 1% threshold has reached the quorum and has been approved, and the EarnETH user losses will be fully covered by the Lido Earn first loss mechanism. The rsETH held by the attacker has been liquidated, and the associated stETH has been transferred to the DeFi United bailout program. In addition, the EarnETH vault is expected to reopen shortly after the Kelp protocol resumes operation, allowing users to deposit and withdraw operations normally. Lido emphasized that EarnETH and EarnUSD vaults continued to generate yields during the freeze. Currently, EarnETH users only need to wait for the short unfreezing process to complete, and they can receive compensation according to the first loss protection mechanism after the funds are restored.
Odaily
Odaily and 1 source
Citigroup: Oil prices will continue to fluctuate violently, waiting for the US-Iran agreement to become clear
Max Layton, head of global commodity research at Citigroup, said oil prices will continue to fluctuate wildly until it becomes clear whether Iran and Trump can reach an agreement. "It's hard to predict whether Iran will reach a deal, and in an environment where you don't know if there will be a deal, the market is bound to be news-driven and volatile in a way that fluctuates wildly." Crude oil fell for the third straight session on Thursday, and Layton said the decline stemmed in part from "the market's hope that the two sides can start negotiating an agreement." However, the pressure on the physical crude oil market in the Middle East still exists. Traders said a shipment delay at a key crude oil loading terminal in Oman, located outside the Strait of Hormuz, in April, disrupted shipping plans and could delay delivery to buyers. Layton said the global physical crude oil market has accumulated about 700 million to 800 million barrels of "considerable buffer stocks" over the past 12 months, and "we are rapidly depleting those stocks," he said, but the effects will "gradually be felt over a longer period of time." He added that before actually lowering his oil price forecast, he needs to see if Iran is ready to seriously reach an agreement with the United States. Last month, Citi raised its benchmark price forecast for Brent crude oil by $15 to $110 per barrel after the second round of U.S.-Iran peace talks failed, and postponed the benchmark expectation for the reopening of the Strait of Hormuz from mid-to-late April to the end of May. (Jin Shi)
ChainCatcher
ChainCatcher and 1 source
The S&P 500 and Nasdaq briefly turned lower
ChainCatcher news, according to Gate market data, the S&P 500 index and Nasdaq 100 index briefly turned down.
Odaily
ChainCatcher
Odaily and 2 sources
Bitwise launches its first tokenized crypto fund, USCC
Odaily Planet Daily News Matt Hougan, chief investment officer of Bitwise Asset Management, announced the launch of the first tokenized fund, the Bitwise Crypto Carry Fund (USCC), on the X platform, and said that "eventually every fund will be tokenized." USCC funds adopt a market-neutral strategy, mainly through basis trade in the crypto market, and USCC is currently open to accredited investors, and fund shares are issued in accordance with relevant exemptions from U.S. securities laws.
Odaily
Odaily and 1 source
Public acquired the AI investment platform Treasury App to lay out AI brokerage business and crypto trading
Odaily Crypto-friendly investment application Public announced the acquisition of the AI investment service platform Treasury App, the specific acquisition amount has not been disclosed, in order to strengthen the layout of AI-driven brokerage business, focusing on promoting the investment experience upgrade with AI as the core, and currently Public supports stocks, bonds, and cryptocurrencies such as BTC, ETH, SOL, etc. (Prnewswire)
Odaily
Odaily and 1 source
Stripe has partnered with AWS to launch AgentCore payment capabilities, and Privy provides AI Agent stablecoin wallet infrastructure
Odaily Planet Daily News Stripe officially announced that it has partnered with Amazon Web Services (AWS) to provide AI Agent payment capabilities for Amazon Bedrock AgentCore. AWS today released the AgentCore Payments feature, which allows AI Agents to instantly access and pay for web content, APIs, MCP servers, and other AI Agent services. Among them, Privy (a Stripe company) will cooperate with Coinbase to provide wallet infrastructure and payment channels to support AgentCore's first stablecoin payment capabilities.
ChainCatcher
Odaily
ChainCatcher and 2 sources
U.S. Senator Warren sent a letter to Zuckerberg asking Meta to disclose details of its latest stablecoin plan
According to ChainCatcher news, U.S. Senator Elizabeth Warren sent a letter to Mark Zuckerberg, asking Meta to provide more information about its latest stablecoin plan and criticizing the company's "worrying lack of transparency" in related businesses. Elizabeth Warren said in the letter that given Meta's huge global user size, any of its stablecoin-related businesses could have a significant impact on market competition, user privacy, payment system integrity and financial stability. According to previously disclosed information, Facebook has tested stablecoin payment functions for some creators in Colombia and the Philippines, and the relevant solution is based on USD Coin (USDC), and users need to bind a third-party crypto wallet address. A Meta spokesperson responded that the company "does not have Meta stablecoins" and currently only hopes that users and merchants can use a variety of payment methods, including third-party stablecoins, on the platform. Notably, Meta launched the stablecoin project Libra (later renamed Diem) in 2019, but it was ultimately terminated in 2022 due to regulatory pressure. Warren has long been one of the toughest crypto critics in the U.S. Congress and has repeatedly questioned Meta's stablecoin plans.
ChainCatcher
Odaily
ChainCatcher and 2 sources
An address deposited 14,062 ETH worth $32,820,000 to Binance
ChainCatcher news, according to on-chain analyst Aunt Ai's monitoring, the address 0x8Ad... Ab818 deposited 14,062 ETH worth $32,820,000 to Binance, a portion of which was just redeemed from Etherfi and suspected to be sold off.
Odaily
Odaily and 1 source
Bitcoin treasury company Hyperscale Data announced that it will purchase 2,000 ounces of gold
Hyperscale Data, a Nasdaq-listed Bitcoin treasury company, announced that it will expand its digital asset and precious metals asset reserve strategy and purchase 2,000 ounces of gold, with the company holding 680.9595 bitcoins and 10,000 ounces of silver so far, with plans to increase its silver holdings to 100,000 ounces. (PRNewswire)
Odaily
ChainCatcher
Odaily and 2 sources
Mysten Labs co-founder: Sui's stablecoin trading volume has exceeded $1 trillion since August last year
Odaily Planet Daily News Mysten Labs co-founder Adeniyi Abiodun said during Consensus 2026 that the Sui network has processed more than $1 trillion in stablecoin transactions since August last year and plans to launch zero-fee stablecoin transfers and private payment functions. Abiodun said Sui wants to become the "default network for future capital flows" and said that the current traditional cross-border payment system is too expensive, such as a $100 fee for transferring $35 to Nigeria. In the future, the financial system should not be as open as social media, and users need stronger privacy protection capabilities. Sui is developing a storage layer that supports crypto transaction intent to adapt to AI agent-driven automated payments and future chargebacks and fraud handling mechanisms. In addition, Sui is currently testing quantum-resistant signature technology on the testnet, with the goal of completing deployment before the implementation of EU quantum security requirements by 2030. Abiodun also expressed his willingness to coordinate with the Bitcoin ecosystem and open-source relevant research. However, Sui has also faced technical stability challenges recently, with its mainnet experiencing several hours of downtime in January 2026. The current SUI price is around $0.99, representing a decline of about 81% from its all-time high of $5.35 set in January 2025. (The Block)