24H Hot Coins & Headlines｜Final Draft of US-Iran Agreement Reached; Iran's Crypto Asset Holdings Reach $7.7 Billion (May 22)

1. Popular Tokens on CEX

CEX Trading Volume Top 10 and 24h Change:

• BTC: - 0.6%
• ETH: - 0.68%
• SOL: + 0.21%
• ZEC: - 3.36%
• SUI: - 1.05%
• XRP: - 0.89%
• NEAR: + 17.25%
• BNB: + 0.63%
• DOGE: + 0.73%
• ALLO: + 2.16%

24h Gainers List (Data source: OKX):

• PROVE: + 30.11%
• GRASS: + 27.83%
• NEAR: + 17.83%
• DORA: + 13.62%
• YB: + 13.42%
• VELODROME: + 12.03%
• LIT: + 9.39%
• ZAMA: + 7.93%
• WLD: + 7.66%
• KAITO: + 7.14%

24h Crypto Stock Gainers List (Data source: msx.com):

• RGTI: 40.11%
• BKKT: 28.78%
• QUBT: 26.05%
• APLD: 23.03%
• DXYZ: 20.68%
• WOLF: 19.75%
• VCX: 18.72%
• AXTI: 16.43%
• ARM: 15.87%
• VIVO: 15.8%

2. Trending Memes On-Chain (Data source: GMGN):

• ETH: sato, IFF
• Solana: WORLDCUP, DEGEN
• Base: GITBANK, openhuman
• BNB: TLS, Backhanded Possum

Headlines

Final Draft of US-Iran Agreement Reached, Expected to Be Announced Within Hours

Odaily reports, citing IRNA quoting Al Arabiya, that with Pakistan's mediation, the final draft of the US-Iran agreement has been reached and is expected to be announced within the next few hours. (Jin Shi)

Iran's Foreign Ministry: Current Negotiation Focus is Ending Wars on All Fronts

Odaily reports, On May 21 local time, Iranian Foreign Ministry Spokesperson Baqaei stated in an interview, "At this stage, the focus of negotiations is ending wars on all fronts, including Lebanon. Media reports on nuclear issues, including the enrichment uranium issue or debate, are mere speculation and lack credibility." He also noted that accurate information on negotiation details would be provided by authorized officials and the negotiating team's spokesperson. (CCTV News)

Iran's Crypto Asset Holdings Valued at $7.7 Billion

Odaily reports, Cointelegraph posted on X that according to Fox News, Iran's crypto asset holdings are valued at approximately $7.7 billion.

Industry News

Trump Administration Awards $2 Billion in Total Grants to 9 Quantum Computing Companies

Odaily reports, The Trump administration, through the U.S. Department of Commerce, is providing a total of $2 billion in grants to nine quantum computing companies in exchange for equity. $1 billion will be awarded to IBM, chip manufacturer GlobalFoundries will receive $375 million, publicly traded companies including D-Wave Quantum, Rigetti Computing, and Infleqtion will each receive $100 million, and startup Diraq is expected to receive $38 million.

According to sources, the Department of Commerce is discussing targeted financial support for relevant companies by becoming shareholders to promote the development of key technologies like quantum computing. Analysts believe this model indicates a simultaneous increase in government intervention and investment in strategic areas such as semiconductors, AI, and quantum computing. (Wall Street Journal)

Anthropic May Lease Computing Power from Microsoft's Self-Developed AI Chips

Odaily reports, Anthropic announced it is in talks with Microsoft to lease computing power from servers featuring Microsoft's self-developed AI chips to meet the growing demands of its AI model training and inference.

Sources say the discussions involve Microsoft providing server computing services based on its in-house chips through its data centers, which would be a key option for Anthropic to expand its computing sources. If the deal is reached, it would be seen as a significant milestone for Microsoft in the commercialization of its AI chips. (The Information)

SpaceX and Tesla Hold a Combined $2.3 Billion in Bitcoin, Ranked 5th Largest Public Company BTC Holder

Odaily reports, BitcoinTreasuries.NET posted on X that Elon Musk's SpaceX and Tesla currently hold a total of 30,221 Bitcoins, valued at $2.3 billion. Combined, they would be the fifth largest public company BTC holder.

xAI Launches Agentic Coding Model, Supports Third-Party Agent Calls like OpenClaw

Odaily reports, xAI has launched grok-build-0.1, a code model specifically trained for Agentic Coding, currently in early access.

grok-build-0.1 supports text and image multimodal input, natively offers tool calling, structured output, and reasoning capabilities, with a context window of 256k. API pricing: $1/M input tokens, $2/M output tokens. With prompt caching, the input cost for cache hits can be reduced to $0.2/M tokens.

Additionally, xAI has opened third-party authorization for Grok personal subscription accounts. Users with SuperGrok or X Premium subscriptions can directly reuse official computing quotas via OAuth authentication in open-source agents like Hermes Agent and OpenClaw, and call the grok-build-0.1 model.

Tether Acquires All Twenty One Capital Shares Held by SoftBank

Odaily reports, According to an SEC filing, Tether has acquired all shares of Bitcoin holding company Twenty One Capital (XXI) held by Japanese investment giant SoftBank, totaling 891,000 Class A shares.

Although the specific financial terms of the transaction were not disclosed, based on Wednesday's closing price of $7.98 per share, the stake is worth approximately $711 million. SoftBank purchased this stake for $999.3 million in June last year, meaning its exit incurred a significant discount.

Twenty One Capital currently holds 43,514 Bitcoins, worth approximately $3.4 billion. Following SoftBank's exit, its appointed board members have immediately resigned, causing the number of independent audit committee members to temporarily fall below New York Stock Exchange listing requirements. (decrypt)

Paradigm Announces Open-Sourcing of Self-Developed AI Agent Centaur, Claims It Has Revolutionized the Fund's Workflow

Odaily reports, Paradigm officially announced the open-sourcing of Centaur, a self-hosted, multi-user, secure AI Agent Runtime developed jointly by Paradigm and Tempo.

Paradigm stated that the fund has been using Centaur internally since January this year, and it has completely transformed the team's working methods, covering various tasks including investment, engineering, design, recruitment, events, and customer service.

Centaur can be understood as a "shared agent" that can call tools, run continuously for hours or even days, continue working after system reboots, and use real credentials to complete operations without ever touching raw secrets. Users can interact with it via Slack or call it through an API.

Billionaire Mark Cuban Says He Has Sold Most of His Bitcoin, Disappointed with 'Digital Gold' Narrative

Odaily reports, Billionaire investor Mark Cuban said he has sold most of his Bitcoin holdings, citing waning confidence in Bitcoin as a hedge against fiat currency devaluation and geopolitical risks.

Cuban said in a podcast that he was disappointed that gold prices rose while Bitcoin fell after the outbreak of the Iran war, and Bitcoin did not rise as expected when the dollar weakened.

Previously, Mark Cuban had called Bitcoin a "better version of gold," with his crypto portfolio allocated about 60% to Bitcoin. He now says his disappointment in Bitcoin exceeds that in Ethereum and refers to most other cryptocurrencies as "garbage." (CoinDesk)

Bankless Founder David Hoffman Liquidated All His ETH Holdings

Odaily reports, Bankless founder David Hoffman posted on X that he has liquidated all his ETH holdings.

Meanwhile, Bankless co-founder Ryan Sean Adams stated he remains bullish on ETH. He also revealed that Bankless's first phase – his six-year collaboration with David Hoffman – has officially ended.

Ryan Sean Adams said he will reduce his involvement in content direction and guest interviews in the future, focusing more on supporting David Hoffman's exploration of crypto and other new fields. He mentioned he will still participate in the Rollup podcast weekly, but content leadership will be handed over to David Hoffman.

Project News

Polymarket to Launch 'Taker Fee Rebate Program' Next Week, Up to 50% Fee Rebate

Odaily reports, Polymarket official Mustafa said on X that the platform will launch a "Taker Fee Rebate Program" next week, where direct taker users can receive up to a 50% fee rebate.

According to data disclosed by Mustafa, to trigger the taker fee rebate, users need a weighted trading volume exceeding $2,000 over the past 30 days. To trigger the highest tier (50%) rebate, the weighted trading volume over the past 30 days needs to exceed $10 million.

Kraken Parent Company Payward Receives Initial Approval from Dubai's VARA for Crypto Operations

Odaily reports, Kraken's parent company Payward announced it has received initial approval from the Virtual Assets Regulatory Authority (VARA) in Dubai, UAE, for licenses for brokerage, dealing, investment, and management services. It will expand its crypto business in the UAE. Payward expects to offer spot, margin, OTC trading, staking services, and Kraken Prime for institutional clients through local regulated entities, and support peer-to-peer crypto asset transfers. (Businesswire)

Bitcoin Treasury Company Nakamoto Plans 1:40 Reverse Stock Split to Maintain Nasdaq Listing

Odaily reports, Bitcoin treasury company Nakamoto plans to implement a 1:40 reverse stock split to push its share price back above $1, thereby meeting Nasdaq listing compliance requirements.

Under the plan, the company's outstanding shares will be reduced from approximately 696.1 million to about 17.4 million, with the split expected to take effect on May 22.

Earlier, Nakamoto reported its Q1 2026 financial results, with a net loss of $238.8 million. This includes approximately $107.7 million from write-downs related to acquired call options and about $102.5 million in losses from the book value decline of its 5,058 BTC holdings during a 23% drop in Bitcoin price for the quarter. (Decrypt)

Apyx Confirms TGE and Airdrop for October 13, Points-to-Token Allocation Increased

Odaily reports, Apyx, a stablecoin project built on STRC, announced on X that its TGE and airdrop are scheduled for October 13. Additionally, the second season points program is confirmed to end on October 11, and the token allocation corresponding to points will be increased from 4% to 6% of the total supply.

Previously, DeFi Development indicated it would proceed with a strategic investment in the stablecoin protocol Apyx.

Cross-Chain Settlement Protocol Everclear Announces Shutdown

Odaily reports, Cross-chain settlement protocol Everclear announced on X the closure of its foundation, labs, and product development. The core reason is that despite reaching a monthly trading volume of $500 million, its solver-based cross-chain rebalancing mode proved user price-sensitive, making it difficult to convert into substantial revenue. The DAO will continue to operate and explore open-sourcing the protocol. Any remaining funds may be used for CLEAR token repurchases. The official timeline, asset handling plans, and user fund arrangements have not yet been disclosed.

Syndicate Development Company to Gradually Cease Operations; SYND Governance Unaffected in Short Term

Odaily reports, DAO infrastructure provider Syndicate announced it will gradually cease operations. It stated that after five years of building on-chain developer infrastructure, the Rollup market has fundamentally changed. The Rollup market has shrunk significantly, some Rollup projects are gradually shutting down, and the market has shifted from EVM Rollups to custom chains built from scratch by consulting teams, drastically reducing the value of reusable technology and networks.

Syndicate stated its structure comprises two parts: Syndicate Labs, responsible for development, will shut down, while the independent entity holding SYND tokens and governance rights, Syndicate Network Collective (Wyoming DUNA), will continue to exist. SYND governance will not be affected in the short term.

Investments & Fundraising

AI Hardware Startup Hark Raises $700M Series A at $6B Valuation, Led by Parkway Venture Capital

Odaily reports, AI hardware startup Hark announced a $700 million funding round at a $6 billion post-money valuation. This Series A round was led by Parkway Venture Capital, with participation from NVIDIA, AMD Ventures, ARK Invest, Brookfield, Greycroft, Intel Capital, Qualcomm Ventures, Salesforce Ventures, and others. The new funds will be used to expand GPU infrastructure and accelerate large model development. (Bloomberg)

Kalshi Completes $200M Series F Extension, Baillie Gifford and Layer Global Participate

Odaily reports, Sources say prediction market platform Kalshi has raised an additional $200 million from Baillie Gifford and Layer Global, further expanding the $1 billion round led earlier by Coatue Management. The company's valuation remains unchanged at $22 billion.

Earlier this month, Kalshi announced the completion of a $1 billion Series F round, with participants including Sequoia Capital, a16z, IVP, Paradigm, Morgan Stanley,