Odaily reported that Echo Protocol stated on X platform that it detected unauthorized activity involving eBTC on the Monad network, leading to unauthorized minting and related fund losses. Investigation indicates that the incident stemmed from a compromised admin key affecting a Monad deployment. According to current findings, approximately $816,000 in funds on the Monad network were impacted. The Monad network itself was not affected and is operating normally.

Since detecting the incident, Echo Protocol has been actively investigating potential cross-chain risk exposure, coordinating with ecosystem partners, and implementing additional preventive measures. The team has successfully regained control of the admin key and destroyed the remaining 955 eBTC held by the attacker.

Previously, Echo Protocol confirmed a security incident involving the Monad cross-chain bridge, and cross-chain transactions have been suspended.

Odaily Planet Daily News According to a report by Anthony Willis, senior economist at Columbia Threadneedle Investments, financial conditions have tightened—a trend clearly visible in the global bond market, where yields are rising sharply. He noted that due to rising energy costs, market expectations indicate inflation will remain higher for longer, leading to an upward trend in bond yields across many developed markets. Willis stated that the European Central Bank is expected to raise interest rates first at its June meeting, followed by the Bank of England in July. He added: "As for the Federal Reserve, market expectations have undergone a dramatic shift this year, moving from expectations of aggressive rate cuts under new leadership to current market pricing that reflects rate hikes over the next 12 to 18 months." (Jin Shi)

Odaily News ZachXBT stated that choosing to gamble on Spartans itself is an IQ test, questioning that the operators behind Spartans have long-term plans to harvest retail investors. ZachXBT pointed out that Gurhan Kiziloz, a figure associated with Spartans, previously operated BlockDAG Network, which failed to launch its mainnet or miner products for years yet still promoted its presale with claims of 300x returns, raising at least $350 million from inexperienced retail investors. ZachXBT further indicated that BlockDAG has recently shifted its focus to casino operations and suspects that the related casino platform may be used to legitimize BlockDAG's capital sources, including circulating funds by paying high fees to employees and KOLs. Previously, multiple community members and content creators also publicly questioned Spartans' marketing model and operational transparency, warning users of potential rug pull risks.

Odaily Planet Daily News According to official announcements, the Gate CFD contract zone has launched 53 CFD trading pairs: SHLD (GLOBAL X Defense Technology ETF), DRAM (Roundhill Memory ETF), GME (GameStop), NBIX (Neurocrine Biosciences), BAX (Baxter International), KMI (Kinder Morgan), CFG (Citizens Financial Group), Z (Zillow Group), DVN (Devon Energy), ADP (Automatic Data Processing), ADM (Archer-Daniels-Midland), GPN (Global Payments), SIRI (Sirius XM), ECL (Ecolab), MPC (Marathon Petroleum), MDLZ (Mondelez International), BKR (Baker Hughes), EL (Estée Lauder Companies), LVS (Las Vegas Sands Corp), LHX (L3Harris Technologies), VALE (Vale), A (Agilent Technologies), FOXA (Fox Corporation), TJX (TJX Companies), CLX (The Clorox Company), CCI (Crown Castle International), FAST (Fastenal), HLT (Hilton Worldwide), HOG (Harley-Davidson), DLR (Digital Realty Trust), PPG (PPG Industries), MTCH (Match Group), PLD (Prologis), EMR (Emerson Electric), KODK (Eastman Kodak), SWKS (Skyworks Solutions), AEP (American Electric Power), MDT (Medtronic), OMC (Omnicom Group), NSC (Norfolk Southern Railway), GFI (Gold Fields), BMY (Bristol-Myers Squibb), ROK (Rockwell Automation), LEN (Lennar Corporation), ETSY (Etsy), ADI (Analog Devices), CHTR (Charter Communications), NTRS (Northern Trust), NBR (Nabors Industries), EDU (New Oriental Education & Technology Group), VFS (VinFast), SENS (Senseonics), ETD (Ethan Allen Interiors). These contract trading pairs support 4x fixed leverage.

In addition, the Gate CFD Stock Contract Zone will launch the new coin airdrop Phase 4 event from 16:00 on May 19 to 16:00 on May 29 (UTC+8). During the event, registered users can receive 300 USDT and share a prize pool of 900,000 USDT by participating in trading the newly listed assets, with a maximum reward of 31,300 USDT per person.

Odaily: Japan's 20-year government bond yield rose 6.5 basis points to 3.78%, the highest level since August 1996. (Jin 10)

Odaily Planet Daily News: Bank of America survey shows global fund managers' equity allocation hit a record high in May. (Jin10)

Analyst Darkfost posted on X platform, stating that the average monthly BTC deposits into Binance by retail investors (referring to addresses holding less than 1 BTC) have fallen to an all-time low, currently at just 314 BTC. This metric stood at around 1,800 BTC during the bear market phase of the current cycle and approximately 1,200 BTC during the first peak in March 2024. In comparison, the peak retail inflow in 2018 reached 5,400 BTC, and in 2021 it was 2,600 BTC. In January 2024, this figure was still around 1,000 BTC, representing a decline of more than threefold within two years. Darkfost noted that retail participation continues to decline, with some investors potentially exiting the market or shifting to indirect holdings such as spot BTC ETFs.

Odaily reports that Navellier & Associates analyst Louis Navellier stated in a report that interest rates have become extremely sensitive to energy prices, and once navigation resumes in the Strait of Hormuz, interest rates should decline significantly. He pointed out that until then, upward pressure on inflation will persist, and added that any rate cuts by the Federal Reserve will be delayed until the recent surge in energy inflation subsides. Navellier said: “If the Strait of Hormuz has not resumed navigation in a month, energy prices will almost certainly rise, thereby pushing up inflation and interest rates.” He also noted that this could create problems for the U.S. midterm election cycle, which historically tends to trigger downside market volatility. “Trump is under pressure to ‘resolve’ the Iran issue as soon as possible,” he said. (Jin Shi)

Odaily News, local time on May 19, according to the Iranian Students News Agency, the Iranian Stock Exchange resumed trading after an 80-day suspension. From the outbreak of the US-Iran conflict on February 28 until May 18, the Iranian stock market remained closed for a total of 80 days. (Jinshi)

Odaily reports that Quek Ser Leang, a strategist at United Overseas Bank's Global Economics & Markets Research, stated that based on the weekly chart, the US 10-year Treasury yield could move higher. He noted that the 10-year yield surged 23.1 basis points last week, and "on the few previous occasions when the 10-year yield experienced such a significant weekly spike, yields moved higher thereafter." He added that last week's strong rally "was accompanied by yields breaking above the weekly downtrend line connecting the highs of 5.021% and 4.809%, which increases the likelihood of further upward momentum." (Jin Shi)

According to Bloomberg, Apple is preparing AI writing tools, system-level shortcuts, and custom wallpaper generation features for iOS 27 and iPadOS 27.

According to data, Circle minted about 2 billion USDC on Solana last week.

1. A whale holds a 5x long HYPE position worth $66 million, with unrealized profits exceeding $12.7 million;

2. A long-term SOL staking address continues to reduce its position, having cashed out over $137 million in total;

3. HSBC: Even if the US-Iran war halts, more central banks may still raise interest rates;

4. A whale on Hyperliquid closed its short position on BTC/ETH for profit and opened new short orders, with a cumulative notional size exceeding $50 million;

5. The Trump family's Bitcoin mining firm American Bitcoin holds over 7,500 BTC;

6. Kelp: Significant progress made in recovering rsETH, with multiple DeFi protocols jointly liquidating the attacker's position;

7. Bank of America: Oil at $90 per barrel is already the "best-case scenario"; if the dual blockade continues, it could reach $130 by early July;

8. Whale "First Set Ten Big Goals" posts proof of shorting BTC, with unrealized profits exceeding $12 million.

Odaily Planet Daily News: According to market sources, a labor official stated that Samsung's Korean union has softened its stance, opening the door for an agreement. (Jin Shi)

Odaily Planet Daily News HSBC economists Janet Henry and Bethan Ellis pointed out in a report that even if the US and Iran reach a peace agreement in the short term, more central banks are still expected to raise policy interest rates. They stated that even if the Strait of Hormuz is quickly reopened, the risk of supply shocks and their impact on global inflation and growth will persist, and the current rate hikes are more about credibility.

Central banks in Australia and Norway were already facing inflationary pressures before the conflict and hoped that the rate hikes in May would be the last. The European Central Bank and the Bank of England may begin raising rates in June or July, and if the Federal Reserve raises rates, more emerging market economies may tighten policy. HSBC expects further rate hikes in the Philippines and predicts that India and Indonesia will raise rates in the second half of the year. (Jin Shi)

According to Hyperbot data, a certain address recently closed its short positions in BTC and ETH simultaneously for profit taking. Among them, approximately 363.2 BTC (about $27.8 million) was closed at a price of around $76,774, and approximately 2,808 ETH (about $5.98 million) was closed at a price of around $2,130, with a total closed position size of approximately $33.8 million.

After completing the profit taking, this address immediately placed new short orders: planning to short approximately 257.2 BTC (about $40 million) in the $77,500–$78,000 range, and short approximately 4,484 ETH (about $10 million) around the $2,230 level. This overall indicates that the address maintains a bearish trading strategy and engages in high-frequency position switching.