Odaily Odaily Planet Daily News XRP Ledger developers have submitted a draft amendment titled "AMM Swappable Curves," planning to introduce three types of switchable curves for XRPL's native automated market maker: constant product, concentrated liquidity, and StableSwap, with a programmable Smart AMM to follow.

This upgrade aims to allow liquidity providers to choose a more suitable pricing curve based on asset type, thereby improving capital efficiency. Concentrated liquidity is suitable for trading pairs where most transactions are concentrated within a specific price range, while StableSwap is better suited for assets with near 1:1 exchange rates, such as stablecoins or pegged assets. Existing AMM pools will continue to use the current constant product model and do not require migration.

This proposal is seen as a crucial step for XRPL to bridge its DeFi infrastructure gap. Currently, there are over $3 billion in tokenized real-world assets on the XRPL chain, including the recent tokenized U.S. Treasury redemption pilot conducted by Ripple and JPMorgan. However, for these assets to be traded, lent, or generate yields more efficiently, a more mature DeFi liquidity infrastructure is still needed.

However, the proposal is still in the draft stage. It will need to go through the XRPL amendment voting process, which could take several months, and its eventual approval remains uncertain. (Coindesk)

Odaily Ethereum reserve company SharpLink and Solana reserve company Forward Industries will be included in the Russell 2000 and Russell 3000 indices following the FTSE Russell annual reconstitution, effective at the opening of U.S. stock markets on June 29.

SharpLink currently holds 868,699 ETH, valued at nearly $1.8 billion, making it the second-largest publicly traded Ethereum reserve company after Bitmine. The company stated that its inclusion in the indices will enhance its institutional visibility and help attract capital tracking the benchmarks.

Forward Industries, currently the largest publicly traded Solana reserve company, holds approximately $585 million in SOL. The company believes that index inclusion will support its long-term strategy of driving "per-share SOL holdings growth."

According to FTSE Russell data, approximately $12.2 trillion in assets are benchmarked against the Russell U.S. indices. This adjustment is also seen as the first instance of non-Bitcoin crypto reserve companies entering the major Russell index system, meaning index investors will gain indirect exposure to ETH and SOL. (The Block)

Investment bank TD Cowen stated that as the relevant political environment continues to deteriorate, the likelihood of the US crypto market structure bill, the "Clarity Act," passing this year is declining.

TD Cowen analyst Jaret Seiberg pointed out that while the Senate Banking Committee advanced the bill earlier this month, this does not signify a substantive bipartisan agreement; rather, it merely pushes the controversy to the full Senate floor.

The report indicated that the escalating controversies surrounding US President Donald Trump and his administration related to crypto in recent days are making it harder for Democrats to support the bill. If the bill does not include clear conflict-of-interest provisions, it will face even greater difficulty in gaining sufficient support in the current political environment.

Odaily报道 The Digital Chamber, a crypto industry group, has responded to Senator Elizabeth Warren’s questions regarding recent approvals of OCC national trust charters, stating that her claim of crypto companies receiving "improper approvals" is unfounded.

Earlier, Warren sent a letter to the Office of the Comptroller of the Currency (OCC), arguing that recent approvals granted to digital asset companies such as Ripple, Circle, Paxos, Fidelity, BitGo, and Coinbase may violate the National Bank Act and fail to adhere to the same regulatory standards applied to traditional banks.

The Digital Chamber stated that the OCC has the authority to grant national trust charters to qualified institutions, and that such arrangements do not equate to relaxed oversight. Representing over 250 crypto-related entities, the organization believes these charters help integrate digital asset services into a clearer federal regulatory framework.

Odaily Planet Daily News: Base, the Ethereum scaling network incubated by Coinbase, has launched Base MCP, aiming to connect AI interfaces with Base wallet infrastructure.

Through this integration, users can use natural language commands in AI tools that support the MCP open standard to complete token swaps, fund transfers, and interact with Base ecosystem applications. Supported AI interfaces include Claude, ChatGPT, Cursor, and others.

Base MCP will serve as a secure gateway between user Base accounts and AI interfaces. At its initial launch, it will connect with applications such as Morpho, Bankr, Moonwell, Avantis, Aerodrome, Virtuals, and Uniswap, covering scenarios including lending, swaps, perpetual contracts, new tokens, and AI Agent issuance.

MCP stands for Model Context Protocol, originally proposed by Anthropic, and is an open standard for connecting AI models with external tools and data sources.

Odaily星球日报讯 Solana 隐私层 Umbra 与代币分发平台 Streamflow 合作推出私密代币归属功能，允许项目方在 Solana 上以更高隐私性完成代币锁仓、归属和分发。

该方案由 Arcium 的加密执行引擎支持，Streamflow 客户仍可使用基于时间锁、价格条件等原有分发机制，但实际代币转账过程将保持私密。接收方会直接在 Umbra 钱包中收到已归属代币，每一项新的归属计划也将加入 Umbra 的共享匿名池，从而增强整体网络隐私性。

双方表示，该产品主要针对代币解锁过程中的链上监控、抢跑和信息不对称风险。仅 2025 年，通过归属和解锁计划释放的代币规模就约达 970 亿美元，而大多数相关数据目前仍可在链上公开追踪。

Streamflow 目前服务超过 130 万用户和 4 万多个项目，是 Solana 生态主要代币分发平台之一。此次合作也反映出，链上隐私正逐渐成为项目方进行大规模代币分发和推动主流采用的重要基础设施。（The Block）

Odaily reported that on the evening of the 26th local time, the Public Relations Department of the Islamic Revolutionary Guard Corps Navy issued a statement stating that over the past 24 hours, 25 vessels, including oil tankers, container ships, and other commercial vessels, have passed through the Strait of Hormuz after obtaining permission, under the coordination and security guarantee of the Islamic Revolutionary Guard Corps Navy. Meanwhile, the Navy of the Islamic Revolutionary Guard Corps also stated that it is exercising "effective and authoritative" control over the Strait of Hormuz and that any act of aggression will be met with a severe response. (CCTV News)

Odaily Planet Daily News: According to Nikkei Asia, Federal Reserve Bank of Minneapolis President Neel Kashkari stated that the Fed may implement a "series" of interest rate hikes in response to inflationary issues triggered by the situation in the Middle East. During the FOMC meeting in late April, the Fed maintained interest rates unchanged. Kashkari and two other officials opposed the decision to include language in the Fed's statement hinting at future monetary policy easing. In a written interview, Kashkari said, "I believe the next interest rate adjustment could be a rate cut, or it could be a rate hike," thereby expressing his differing viewpoint. Kashkari stated that the outcome depends on inflation trends, which hinge on whether the Strait of Hormuz will reopen soon or remain effectively closed due to further damage to infrastructure in the region, the latter of which would exacerbate global energy shortages. Kashkari noted that the concern is that long-term inflation expectations of businesses and households "could become unanchored." He indicated that the FOMC "would likely need to respond forcefully," and rate hikes, possibly even a series of them, might be necessary. (Source: Jinshi Data App)

Odaily Odaily Planet Daily News: ClawCivi.ai has completed a multi-million dollar seed round financing, with participation from Trump-affiliated funds and the Draper family fund.

The product enables multiple AI Agents to collaborate on tasks by sharing the Skills capabilities of Agents (OpenClaw, Hermes, Manus).

Its token, $CLAW, will officially launch on PancakeSwap at 3:00 AM (UTC+8) on May 27.

Odaily reported that according to data from MSX.COM, Micron Technology (MU.O) stock price continues to rise, breaking through $900 per share to hit a new all-time high, currently trading at $906.5 per share, a daily increase of 20.72%. The total market capitalization has reached $1.02 trillion.

Odaily reports, according to data from MSX.COM, the US 100 Index rose 520.8 points today, an increase of 1.77%, historically breaking through the 30,000-point mark for the first time, currently standing at 30,002.45 points.

Odaily reported that former President Donald Trump posted on social media stating he has just completed his six-month physical examination at the Walter Reed National Military Medical Center, with all test results being perfect. He expressed gratitude to the doctors and staff and is now returning to the White House.

Odaily News, On May 26 local time, Iranian President Masoud Pezeshkian spoke by phone with Qatari Emir (Head of State) Tamim. Pezeshkian stated that Iran is prepared to reach a "dignified" framework agreement to end the ongoing war and tensions in the region.

Tamim stated that the Qatari government will spare no effort and dedicate every possible endeavor for regional peace and stability. (CCTV News)

Odaily Planet Daily News: According to official sources, Base MCP has been officially launched. Users can connect their Base account to an AI interface to perform swaps, transfers, track their portfolio, and participate in the Base ecosystem via chat. The service supports projects like Morpho, Moonwell, Aerodrome, Bankr, Avantis, Virtuals, and Uniswap upon launch, covering areas such as lending, swapping, and perpetual contracts.

Users can install it through AI clients that support MCP and authenticate using their Base account. All transactions initiated by the AI agent require users to manually confirm or cancel them. Base MCP builds its authentication based on the OAuth 2.1 standard, generates wallet request links via the store request function, and the MCP server does not hold or access users' private keys.

Odaily News: Former New York Fed President William Dudley warned that the Federal Reserve’s credibility as an “inflation fighter” is at risk of being lost, given its long-term failure to meet the 2% inflation target. “We have been above the Fed’s inflation target for more than five years,” Dudley said. “And there is a risk that inflation expectations could ultimately become unanchored.”

His comments underscore the challenges facing newly appointed Fed Chair Kevin Warsh. Warsh takes the helm at a time when the Consumer Price Index (CPI) posted its largest monthly gain since 2023, and following former President Trump’s sustained criticism of Jerome Powell for not easing monetary policy. Dudley believes that Warsh’s appointment, coupled with Trump’s pressure for rate cuts, further exacerbates the credibility challenges facing the Fed. (Jin10)