Odaily Odaily reports that on May 12, the U.S. Senate Banking Committee released the latest 309-page draft of the CLARITY Act. However, Section 404 of the draft still stipulates a prohibition on rewards for "merely holding" stablecoins.

Specifically, no regulated entity may directly or indirectly pay any form of interest or yield (whether in cash, tokens, or other consideration) to a restricted recipient solely because that recipient holds its stablecoin, or pay rewards on stablecoin balances in a manner that is economically or functionally equivalent to paying interest or yield on interest-bearing bank deposits.

However, the latest draft also allows for stablecoin rewards and incentives tied to real activities or transactions, such as rewards linked to participating in actual transactions, payments, platform activities, or providing liquidity.

Odaily reported that, according to the official announcement, OKX will officially list SHLD, RKLB, MRVL, and WDC stock perpetual contracts on its web platform, App, and API on May 12, 2026.

Among them, SHLD/USDT trading will open at 18:00 (UTC+8), RKLB/USDT at 18:15, MRVL/USDT at 18:30, and WDC/USDT at 18:45.

Odaily Planet Daily News According to official announcements, the second phase project of Bitget IPO Prime, preOPAI, is now open for subscription. The subscription period ends at 16:00 (UTC+8) on May 15. The token distribution phase will take place from 16:00 to 20:00 (UTC+8) on May 15; spot trading will commence at 22:00 (UTC+8) on May 15. Project details are as follows:

• Implied Valuation of OpenAI: $898.21 billion

• Total IPO Prime Subscription Volume: 29,082

• Total Subscription Value: $21,084,450

• Subscription Price: 1 preOPAI = $725

• Currency for Subscription: USDT or USDGO

• Total Subscription Pool Cap: $300,000,000

• Individual Subscription Range: $100 - $600,000

• Distribution Schedule: 30% released on May 15, 30% released on June 15, 40% released on July 15

Odaily Planet Daily reports According to Arkham monitoring, Bhutan has once again transferred 100 BTC, worth approximately $8.1 million, from its holding wallet.

Data shows that since the beginning of 2026, Bhutan has sold approximately $230.39 million worth of BTC. The remaining BTC is valued at around $252 million, with an average monthly sale volume of about $50 million. Arkham stated that if sales continue at the current pace, its BTC holdings could be depleted by the end of September.

Furthermore, if Bhutan completes the sale of all its BTC at the current price, the on-chain cumulative profit from its BTC holdings would reach approximately $767 million.

Odaily News Vitalik Buterin stated that he has once again donated 64 ETH to an animal welfare fund, urging more people to pay attention to animal welfare issues.

Vitalik noted that the suffering caused by humans to billions of animals remains one of the less-discussed major issues in society today, but he is optimistic about improving animal living conditions this century, as agricultural practices and synthetic alternative foods continue to advance. He also mentioned that the quality of vegetarian and vegan foods worldwide has significantly improved in recent years.

Additionally, Vitalik specifically highlighted the issue of shrimp welfare, saying that the importance of related topics is often underestimated, and he referenced aquaculture practices such as "eyestalk ablation."

Odaily Coinbase CEO Brian Armstrong plans to meet with U.S. Republican senators this Wednesday, on the eve of a key committee vote on the CLARITY Act scheduled for Thursday by the Senate Banking Committee.

Reports indicate the latest draft of the bill exceeds 300 pages, covering mechanisms for stablecoin reward programs, DeFi protection clauses, and federal regulatory standards for digital assets. Previously, Coinbase had withdrawn its support for the bill due to restrictions on stablecoin yield and DeFi protections. However, after revisions driven by Senators Thom Tillis and Angela Alsobrooks, Armstrong has recently softened his stance, stating the industry "didn't get everything it wanted, but the core demands were preserved."

Currently, U.S. banking organizations continue to lobby for tighter stablecoin provisions, while some Democratic lawmakers are demanding the inclusion of conflict-of-interest clauses to restrict government officials from engaging in crypto-related business. Market participants are closely watching the outcome of this week's committee deliberations, which could determine whether the first comprehensive U.S. crypto regulatory framework can advance toward enactment by the end of 2026. (FinanceFeeds)

Odaily reported that BIT's official Chinese-language market analysis stated that Circle's stock price rose 16% overnight, currently approaching its March 2026 high. The market is pricing in expectations that uncertainty surrounding crypto regulation may ease.

BIT indicated that this week could become a critical juncture for the advancement of the CLARITY Act, with the market generally viewing Circle as a direct beneficiary of regulatory clarity. It also noted that USDC market capitalization has maintained steady growth lately, and Circle's recent rally reflects market expectations for potential favorable policies and regulatory developments, rather than short-term fundamental improvements.

BIT believes that if digital asset regulatory rules are further clarified, it could not only provide support for Bitcoin but also encourage more institutions to participate in the market.

Odaily Planet Daily News The Israeli military claims that since the "start of the ceasefire understanding," the Israeli Air Force has struck more than 1,100 Hezbollah targets, killing over 350 Hezbollah members. The Israeli military also posted on social media, stating that warplanes destroyed Hezbollah buildings, weapons depots, and other infrastructure within Lebanon. Since April 16, the "ceasefire" between Lebanon and Israel has been nominal, with Israel continuing to launch attacks and Hezbollah responding accordingly. (Al Jazeera)

Odaily News: Korean trader Definalist posted on social media, stating that during Upbit's recent listings of WIF and VVV, there appears to have been suspicious insider trading activity.

Definalist claims that multiple addresses funded by Upbit's hot wallet made purchases ahead of WIF's listing on Upbit and quickly sold off after the listing, with similar on-chain operations observed for VVV. Definalist also noted that Upbit has been frequently testing the STABLE token recently, and some wallets suspected to be related had previously engaged in buying STABLE.

Odaily reports that UK-listed company The Smarter Web Company has added another 25 Bitcoins as part of its "Ten-Year Plan," bringing its total Bitcoin holdings to 2,830 BTC.

Odaily reported that Christopher Delgado, the former CEO of Goliath Ventures, recently issued a public apology to investors after being charged by US prosecutors with operating a crypto Ponzi scheme involving approximately $328 million.

Delgado stated that he had betrayed the trust of his investors and said he voluntarily returned to the United States to face charges of fraud and money laundering. Prosecutors allege that between January 2023 and January 2026, he promised investors fixed monthly returns under the guise of "crypto liquidity pool investments," while actually using subsequent investors' funds to pay returns to earlier participants.

US prosecutors also claim that a portion of the funds was used to purchase Florida real estate valued at a total of $14.5 million, as well as to fund lavish events and travel. Delgado is currently out on bail. If convicted on all counts, he could face up to 30 years in federal prison. (Cointelegraph)

Odaily Odaily reported that according to an official announcement, Bitget's stock contracts have now listed six underlying assets: DRAM (Roundhill Memory ETF), AXTI (AXT Inc), LWLG (Lightwave Logic), KOPN (Kopin Corporation), NIO (NIO Inc.), and USAR (USA Rare Earth), covering popular sectors such as memory, optical communications, and rare earth resources. The aforementioned contracts support up to 20x leverage. For more details, please refer to the Bitget official platform.

According to Onchain Lens monitoring, a wallet linked to BIT has sold its final 99,612 HYPE tokens.

Data shows that the address has sold a total of 403,290 HYPE tokens, exchanging them for approximately 16.88 million USDC at an average selling price of around $41.86, and has now completed the full liquidation.

1. Bitmine plans to hold 5% of Ethereum's supply by the end of 2026;

2. Fluid: The $19.3 million bad debt from the Resolv incident will be shared jointly by Resolv, the Fluid treasury, and others;

3. The U.S. Senate Banking Committee releases the CLARITY Act draft, requiring senators to submit amendments by tomorrow;

4. Bitcoin spot ETFs saw a total net inflow of $27.2864 million yesterday, led by Morgan Stanley's MSBT with a net inflow of $26.3046 million;

5. Ethereum spot ETFs saw a total net outflow of $16.8868 million yesterday, led by Grayscale Ethereum Trust ETHE with a single-day net outflow of $7.587 million;

6. Upbit adds Venice Token (VVV) to its KRW, BTC, and USDT markets;

7. Telegram founder: TON launches a new toolchain, Acton;

8. Ark Invest purchases $5.5 million in Circle stock;

9. RKC developers have cashed out 6,260 SOL; RKC drops 90% after Roaring Kitty deletes posts.

Odaily Planet Daily News Citi released a report, stating that it expects SK Hynix (000660.KS) to benefit from a strong upward trend in the average selling price of bulk memory, as well as better-than-expected price growth for High Bandwidth Memory (HBM) in the second half of 2026.

As the bank expects HBM pricing to increase by 30% quarter-on-quarter in the fourth quarter of 2026, it anticipates that SK Hynix will benefit from the HBM product mix effect and strong bulk memory pricing supported by Anthropic's recent updates (which have more than doubled the token limit). The bank raised its target price from 1.7 million won to 3.1 million won. It maintains a "Buy" rating. (Jin Shi)