Crypto News

According to ChainCatcher, prediction market platform Kalshi announced the completion of a new round of $1 billion in financing, led by Coatue Management, and the company's valuation jumped to $22 billion. Kalshi is a prediction market platform that allows users to trade on the outcome of events such as sports, politics, weather, and more. Since the 2024 U.S. presidential election, the platform has seen significant user growth and is gradually moving towards mainstream financial market vision. According to the data, Kalshi has approximately 2 million monthly active users and an annualized trading volume of $178 billion, which has more than tripled in the past six months, with annualized revenue exceeding $1.5 billion. This round is also the third round of financing completed by Kalshi in the past seven months, with each round nearly doubling its valuation, reflecting the continued heating up of the prediction market track in institutional capital, as well as regulatory litigation and "insider trading" controversies.

Odaily Planet Daily News "BTC OG Insider Whale" agent Garrett Jin released an analysis article "Whitewashed Truce", reminding crypto traders not to be paralyzed by the superficial market, the current market seems to be stable, but in fact the underlying risks continue to accumulate. It pointed out that after Trump's visit to China, the window of the US-Iran military conflict will be restarted at any time, and this truce is only a postponement of the conflict, not a good start. At present, market optimism is high, with Saudi Arabia and Iran reaching a memorandum of cooperation, technology companies reporting impressive earnings, and South Korean stocks rising, with Bitcoin approaching the $82,000-83,000 range. However, macro hidden dangers have gradually emerged, such as the depletion of liquidity in large corporate transactions, the bankruptcy of airlines, the early provision of bad debts by banks for war, and Berkshire's cash reserves hitting new highs. Garrett Jin predicts that the end of May may be a key turning point; If the performance of technology giants continues to exceed expectations, the risk window may be postponed to the July earnings season. （Garrettsignal）

According to ChainCatcher news, Michael Saylor, founder of Bitcoin treasury company Strategy, posted on the X platform that Strategy is converting digital capital Bitcoin into digital credit (STRC) and digital equity (MSTR), further emphasizing its capital market strategy with Bitcoin as the core.

According to market news: Kraken acquired stablecoin infrastructure company Reap for $600 million.

Odaily Planet Daily News Tether AI Research Group released a new generation of medical AI model, QVAC MedPsy, which can run directly on low-computing power hardware such as smartphones and wearable devices locally, without relying on cloud servers, and surpassing a number of larger-scale SOTA models in multiple medical benchmarks. According to official data, the 1.7 billion parameter version of QVAC MedPsy has an average score of 62.62 in 7 closed medical benchmarks, which is better than Google The MedGemma-1.5-4B-it is 11.42 points higher, although the model size is less than half that of the latter. In real-world clinical tests such as HealthBench Hard, the model even outperformed the MedGemma 16B, which was close to 27 times its parameter scale. In addition, the average score of the 4 billion parameter version reached 70.54, surpassing many large models nearly 7 times its scale in many medical reasoning evaluations. Tether said that the model achieves "high performance of small models" through post-training medical reasoning optimization, reinforcement learning and high-quality medical data training. Compared with traditional cloud AI architectures, QVAC MedPsy also significantly reduces inference costs. Its 4 billion parameter version generates an average of about 909 tokens, which is much lower than the 2953 tokens of similar systems, achieving lower latency and lower computational costs. The model is available in both GGUF quantization and is suitable for on-premises deployment on mobile and edge devices. Paolo Ardoino said that the core goal of the model is to improve the efficiency of the model, rather than simply scaling up the parameters, so that medical AI can run directly on the hospital's local systems or terminal devices, thereby avoiding sensitive medical data being uploaded to the cloud.

Odaily Planet Daily News Agentic AI company Sahara AI announced the creation of an AI engineering agent for the $20 billion industrial giant Motherson Group. With the dual capabilities of high-quality data services and multimodal agents, Sahara AI has an accuracy rate of up to 97% in production testing, integrating Motherson's decades of engineering standards and 3D models into a unified intelligent knowledge base, and creating a multimodal agent that can be embedded in design software to identify 3D parts in real time, automatically compare standards, and give modification suggestions. In the next phase, the two companies will jointly launch a fully automated agent that can completely autonomously control the design software through natural language.

Odaily Planet Daily News Anthropic's Claude announced that it has reached a cooperation agreement with SpaceX to significantly increase its computing capacity and increase the usage limits of Claude Code and Claude API, including doubling the Claude Code 5-hour rate limit for Pro, Max and Team subscription plans; Cancel the Claude Code throttling during peak hours for Pro and Max plans; and significantly increased the rate limit of the Opus Model API. Claude will also use all computing power resources from the SpaceX Colossus 1 data center, which is expected to add more than 300 megawatts of deployment capacity within a month.

Bank of New York Mellon (BNY Mellon), which has $2.1 trillion in assets under management, increased its holdings of 101,810 shares of Bitcoin reserve company Strategy (MSTR), partially worth about $18.7 million. Currently, BNY Mellon holds a total of 1 million shares of MSTR, with a total holding value of approximately $187.2 million. （BTCtreasuries）

According to ChainCatcher news, Gate has officially launched a localized fiat currency deposit channel for some CIS countries, further strengthening its service capabilities in regional markets. This initiative aims to meet the growing demand for crypto asset purchases in the region, with an average daily transaction volume of approximately US$650 million and millions of active users, significantly increasing the demand for convenient, secure, and compliant deposit methods. Gate has launched a localized deposit channel that allows users to use local currencies and directly purchase mainstream crypto assets through familiar payment methods, effectively lowering the threshold for cross-border transactions. In terms of functions, the platform supports mainstream local payment channels such as real-time bank transfers and bank cards, effectively avoiding the high fees and delays in traditional cross-border transfers, and enabling users to complete the entry of funds at a lower cost. At the same time, the channel provides complete localization support, including local language adaptation of interface, customer service and documentation, and supports selected mainstream crypto asset transactions, realizing the efficient connection from fiat currency deposits to asset allocation, and further promoting the popularization and development of the regional crypto market. In the future, Gate will continue to integrate payment infrastructure to improve transaction efficiency while enhancing the stability and reliability of fund flows, further optimizing user experience.

According to Gate data, WTI crude oil fell 5.00% during the day and is now trading at $92.21 per barrel.

According to Iranian media reports on the 7th, the Iranian Islamic Revolutionary Guard Corps Navy has designated two shipping lanes for ships to pass, and ships are still not allowed to cross the Strait of Hormuz without Iranian permission. (Xinhua News Agency)

According to official news, OKX Onchain OS has launched the Agentic Wallet Trading Competition, which has been officially launched at 18:00 (GTM+8) on May 7 for 14 days, and will be held simultaneously on Solana and X Layer dual chains. This event has multiple awards such as yield ranking, revenue ranking, participation award, and skill quality award, with a total prize pool of 50,000 USDC. It is reported that OKX Onchain OS is an on-chain infrastructure suite open to developers and AI Agents, integrating Agentic Wallet and covering multiple types of on-chain operation scenarios.

According to ChainCatcher news, according to Jinshi, Boston Fed President Collins said she supports the decision to keep interest rates unchanged, but hopes to adjust the wording of the statement to avoid hinting at a rate cut. She pointed out that more and more officials want the Fed to send a clear signal that the next move may be to cut interest rates or raise interest rates. Collins emphasized that interest rates may remain unchanged "for longer" and focused on the persistence of inflation, arguing that policymakers need to reevaluate appropriate policies.

ChainCatcher news, ZachXBT posted on the X platform that LAB founders published philosophical nonsense while participating in CEX market manipulation that harmed retail investors; He tried to contact him privately, but the message had been read and not replied; Scammers further undermine the industry's remaining credibility.

ChainCatcher reported that Grayscale has completed the rebalancing of funds in the cryptocurrency industry. The DeFi fund transferred to the Ethena token ENA with a weight of 13.59%, making it the fund's fourth largest holding. At the same time, the fund completely removed the Aerodrome Finance token AERO. After the rebalancing, the fund's main holdings include: Uniswap (UNI) accounted for 35.22%, Aave (AAVE) accounted for 21.36%, Ondo Finance (ONDO) accounted for 19.83%, Curve DAO (CRV) accounted for 5.27%, and Lido DAO (LDO) accounted for 4.73%. In addition, the smart contract platform fund did not increase or decrease its assets this quarter. Ethereum (ETH) position weight rose to 30.14%, re-surpassing Solana (SOL) at 29.69% as the largest holding. Cardano (ADA) ranks third with a weighting of 17.96%, followed by Avalanche, Hedera, and Sui. This adjustment is mainly based on the compilation methodology of the CoinDesk DeFi Select Index and the CoinDesk Smart Contract Platform Select Cap Index, aiming to ensure that the fund's holdings are consistent with liquidity, custody, and market capitalization requirements.

ChainCatcher reported that according to Onchain Lens monitoring, a newly created wallet withdrew 2,500 BTC (worth approximately $202.36 million) from Binance.

According to ChainCatcher news, AI Agent Economy project NeoSoul today announced a strategic cooperation with self-custody stablecoin Neobank AllScale. It is reported that the two parties will conduct in-depth research on the credit formation and stablecoin settlement of AI agents, focusing on the payment needs generated by agents in autonomous collaboration (such as purchasing data, calling tools, requesting services from other agents, etc.), and how to complete automated settlement through stablecoins. According to reports, NeoSoul is committed to building its long-term credit network by recording the agent's judgment process and result feedback; AllScale focuses on stablecoin payments and commercial capital flow scenarios. This exploratory collaboration aims to explore how to provide more efficient and low-friction value flow support for automated collaboration and microsettlement between AI agents in the future through stablecoin payment infrastructure.

According to ChainCatcher news, PinGo, the first AI + DePIN project on the TON chain, officially announced on May 7 that it will expand its AI ecosystem blueprint and add three new core sections: AI Token Integration Platform: Supports AI Token staking, governance, and cross-platform applications. AI infrastructure platform: aggregates global idle computing power to support scalable AI workloads; AI Skill Marketplace: Provides opportunities for creators and developers to monetize their AI skills and services. This ecological expansion marks an important step for PinGo on the road to building a global decentralized AI + Web3 ecosystem. Following the announcement, the price of its official token, $PINGO, briefly increased by 24%.

According to the monitoring of the Odaily Seer Prophet Channel, the prediction market Predict.fun has launched a new "Who will be the top KOL in XHunt's Chinese region this week" prediction event, with a total trading volume of more than $110,000. Among them, the probability of CZ topping the list of KOLs in XHunt Chinese region this week is temporarily reported at 83%; Justin Sun topped the KOL list in XHunt Chinese this week, with a probability of 4%; The probability of KOLs such as Heyi, JackYi, Killing Wolf, and Umhum topping the list of KOLs in XHunt's Chinese region this week is tentatively reported to be 1% to 2%. The event settlement standard is based on XHunt's historical ranking, specifically, the Board is set to "Top KOLs", the Category is set to "China Region", the Window is set to "7 days", and the Date is set to May 11, 2026. The Odaily Seer Channel continues to follow the prediction market and see changes before pricing.