Odaily Planet Daily News: Bloomberg analyst James Seyffart stated on the X platform that the 2x leveraged Cerebras Systems ETF (ticker: CBRG) has officially begun trading, while its underlying asset CBRS only started trading in the afternoon of the previous day. This means the leveraged ETF was launched just hours apart from its underlying asset, setting a record for an extremely fast product launch pace. This "fast-follower" ETF issuance model is accelerating. In the future, leveraged ETFs for non-listed or high-profile assets such as SpaceX, Anthropic, and OpenAI may also follow a similar rapid replication and issuance path, reflecting a significant acceleration in the productization speed of the ETF market for exposure to new assets.
Elon Musk stated that he will not sell any shares of SpaceX. Reports indicate that the company could publicly file its long-awaited IPO application as early as next week. Musk responded to a user's post on the X platform, writing: "Not selling a single share." The user had suggested he sell shares after the lock-up period ends. According to sources familiar with the matter, the company—which operates in the rocket, satellite, and artificial intelligence sectors—could publicly submit its IPO filing as early as Wednesday. The company has previously filed confidentially, planning to raise up to $75 billion at a valuation exceeding $2 trillion, which would make it the largest IPO in history.
Odaily reported that Yi Li Hua posted on platform X stating that the current market cycle should be viewed as a rebound rather than a reversal, and recommended a strategy of selling into strength. He mentioned potential bearish factors ahead, including a normal correction in U.S. equities from highs, the impact of oil prices on inflation leading to changes in rate cut expectations, and a rebound in U.S. Treasury yields. The long-term prospects for crypto remain promising, describing the current environment as the darkest before dawn, with deep bear markets often presenting opportunities for entry and patience. He believes the AI era favors investors bold enough to invest in AI stocks and AI entrepreneurs, recommending allocating 50% of future returns to the AI sector, and stated that ALL IN AI is the only choice.
Odaily Odaily, THORChain posted on platform X that its developers have released an incident update on Discord. Current evidence points to a node thor16uc...cn84q, which recently joined the network, as being associated with the attack. This node is operated by a single malicious actor. The primary hypothesis is that the attacker exploited a vulnerability in the GG20 TSS implementation, causing sensitive key material of vault participants to leak over time. This ultimately enabled the reconstruction of the vault's private key and the execution of unauthorized outgoing transactions.
Regarding network status, the network has been paused after multiple node operators executed `make pause`. RUNE transfers and on-chain observation may resume within approximately 12 hours, but transactions, LP operations, signing, and other sensitive operations remain paused.
Discussed recovery plans include slashing the affected node's bond, covering losses with protocol-owned liquidity (POL), or other community-driven solutions. THORSec and Outrider Analytics are continuing their investigation. The Treasury is gathering forensic data and coordinating with relevant law enforcement agencies. Full functional recovery is expected to take several days or longer.
Odaily Odaily reports that, according to Onchain Lens monitoring, Machi‘s (@machibigbrother) 25x long position on ETH and 40x long position on BTC have been fully liquidated. His BTC position was closed at a profit, while the ETH position was closed at a loss. After the liquidation, the address reopened a 25x long position on 1275 ETH, valued at $2.79 million.
Odaily reported that according to crypto KOL Ma Siqi's post on platform X, "Here's a little-known fact: besides being both 'Northeast master teachers' at New Oriental alongside Bitcoin OG Li Xiaolai and having private dealings with each other, Luo Yonghao also made over 30 million yuan (RMB) from investing in Bitcoin back in 2018. That year, he even advised the young employees of his company: 'Focus on your work, don't speculate in crypto.'"
Odaily Odaily News According to on-chain analyst Ai Yi's monitoring, a whale who previously purchased 11,004 ETH in 2016 at an average price of $3.45, realizing a profit of $30.38 million, has restocked ETH after a year. One hour ago, the whale bought 647.137 ETH on-chain at an average price of $2,211.49, worth $1.43 million. The address still has 14.19 million USDC available.
Odaily Planet Daily News On the 16th local time, the Israel Defense Forces issued a notice stating that the military is launching airstrikes against Hezbollah infrastructure targets in multiple locations in southern Lebanon. (Jin Shi)
Odaily Planet Daily News Bill and Melinda Gates have sold all their Microsoft shares, totaling 7.7 million shares, worth over $3.2 billion. (Cointelegraph)
Odaily报道 中美元首会晤引发全球高度关注。国际人士表示，期待在元首外交的战略引领下，中美走出一条新时代大国正确相处之道，在共同开创两国关系美好未来的同时，也为变乱交织的世界带来更多稳定性和确定性。美国《全球策略信息》杂志前驻白宫记者威廉·琼斯表示，作为当今世界最重要的双边关系，美中关系这艘大船的平稳前行，离不开两国元首“看方向、掌大局、稳航程”。他表示，越是关键时刻，良好的对话沟通就越显重要。“这次会晤为两国关系未来发展描绘了清晰的路线图，再次彰显元首外交在美中关系中的‘定盘星’作用。”（央视新闻）
Odaily reports that CoinGlass data shows over the past 24 hours, a total of 139,135 individuals were liquidated globally, with the total liquidation amount reaching $580 million.
Among them, the liquidation amount for long positions was approximately $552 million, while short position liquidations totaled about $27.3585 million. The largest single liquidation occurred on the Bitget platform's BTCUSDT trading pair, valued at roughly $21.5908 million.
Odaily Planet Daily News A U.S. source said that the Pentagon is preparing to resume military operations against Iran, and the United States and Israel could resume military strikes against Iran as early as next week. The U.S. source stated that negotiations are currently at an impasse. According to reports, multiple U.S. officials have revealed that if the U.S. decides to resume military strikes against Iran, one option would be to carry out more intense bombing of Iranian military and infrastructure targets; another option would be to send special operations forces on the ground to seize Iran's nuclear materials. Hundreds of special operations forces personnel arrived in the Middle East in March. However, U.S. officials acknowledged that this option carries significant risks. In addition, since the ceasefire in early April, the U.S. has rearmed warships and warplanes in the region. (CCTV News)
Odaily News: The Chinese Ministry of Foreign Affairs spokesperson announced that at the invitation of President Xi Jinping, Russian President Vladimir Putin will pay a state visit to China from May 19 to 20. (CCTV News)
Odaily reported that as the price of HYPE declines, Loracle.hl (Loracle.xyz)'s previously established 5x leveraged HYPE short position has returned to a profitable state. Its 5x leveraged CRBS short position currently has an unrealized profit of over $1.76 million, bringing the total profit back to $41.43 million.
