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

1. Popular Tokens on CEX

CEX Top 10 Trading Volume & 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 (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 (Data from 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 On-Chain Meme (Data Source: GMGN):

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

Headlines

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

Odaily News: According to the Islamic Republic News Agency (IRNA), citing Al Arabiya, the final draft of the US-Iran agreement has been reached with Pakistan's mediation and is expected to be announced within the coming hours. (Jinshi)

Iranian Foreign Ministry: Current Negotiation Focus is Ending All Frontline Wars

Odaily News: On May 21 local time, Iranian Foreign Ministry Spokesperson Baghaei stated in an interview that the current focus of negotiations is ending wars on all fronts, including Lebanon. He said media reports regarding nuclear issues, including enrichment topics, are mere speculation and lack credibility. He added that accurate information on negotiation details will be provided by authorized officials and the negotiating team's spokesperson. (CCTV News)

Iran's Crypto Asset Holdings Valued at $7.7 Billion

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

Industry News

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

Odaily News: The Trump administration, through the U.S. Department of Commerce, is providing a total of $2 billion in grants to 9 quantum computing companies in exchange for equity. $1 billion will go 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 providing targeted financial support by becoming shareholders in these companies to advance key technologies like quantum computing. Analysts believe this model signals a concurrent increase in government intervention and investment in strategic fields such as semiconductors, AI, and quantum computing. (Wall Street Journal)

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

Odaily News: Anthropic has announced it is negotiating with Microsoft to lease computing power from servers equipped with Microsoft's self-developed AI chips, to address its growing AI model training and inference demands.

According to informed sources, the discussions involve Microsoft data centers providing server computing services based on its own chips. This would be a key option for Anthropic to expand its computing sources. If the deal is reached, it will be viewed as a critical step in Microsoft's AI chip commercialization. (The Information)

SpaceX and Tesla Hold Combined $2.3 Billion in Bitcoin, Ranked Fifth Among Public Companies

Odaily News: BitcoinTreasuries.NET posted on X that Elon Musk's SpaceX and Tesla together hold 30,221 Bitcoin, valued at $2.3 billion. Combined, they would be the fifth-largest corporate Bitcoin holder.

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

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

It is understood that grok-build-0.1 supports text and image multimodal input, natively features tool calling, structured output, and reasoning capabilities, with a context window of 256k. API pricing: $1/million tokens for input, $2/million tokens for output; with prompt caching enabled, the cost for cached input tokens can be reduced to $0.2/million tokens.

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

Tether Acquires All Shares of Twenty One Capital Held by SoftBank

Odaily News: 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 specific financial terms were not disclosed, based on Wednesday's closing price of $7.98 per share, the stake is worth approximately $711 million. SoftBank purchased these shares for $999.3 million last June, meaning this exit represents a significant discount.

Twenty One Capital currently holds 43,514 Bitcoin, valued at approximately $3.4 billion. Following SoftBank's exit, its appointed board members resigned immediately, causing the number of independent members on the company's audit committee to temporarily fall below the NYSE listing requirements. (decrypt)

Paradigm Announces Open-Sourcing its AI Agent 'Centaur', Says it Has Transformed the Fund's Workflow

Odaily News: Paradigm officially announced it is open-sourcing Centaur, a self-hosted AI Agent Runtime supporting multi-user collaboration and security, 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 workflow, covering various tasks such as 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 restarts, and perform operations using real credentials without ever touching raw secrets. Users can interact with it via Slack or call it through an API.

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

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

Cuban stated on a podcast that he was disappointed because gold's price rose after the Iran war broke out while Bitcoin fell, and Bitcoin did not rise as expected when the US dollar weakened.

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

Bankless Founder David Hoffman Liquidates All ETH Holdings

Odaily News: Bankless founder David Hoffman posted on X that he has liquidated all his ETH.

Meanwhile, Bankless co-founder Ryan Sean Adams stated he remains bullish on ETH. He also revealed that Bankless Phase 1—his 6-year partnership with David Hoffman—has officially ended.

Ryan Sean Adams said he will reduce his involvement in content direction and guest interviews going forward, instead 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 direction will be handed over to David Hoffman.

Project News

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

Odaily News: Polymarket team member Mustafa stated on X that the platform will launch a 'Taker Fee Rebate Program' next week, where direct takers can receive up to 50% fee rebate.

According to data shared by Mustafa, to be eligible for the 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 must exceed $10 million.

Kraken Parent Payward Receives Preliminary Approval from Dubai VARA for Crypto Operations

Odaily News: Kraken parent company Payward announced it has received preliminary approval for broker-dealer, investment, and management licenses from the Dubai Virtual Assets Regulatory Authority (VARA) in the UAE, allowing it to expand crypto operations. Payward is expected to offer spot, margin, and OTC trading, staking services, and Kraken Prime for institutional clients through a local regulated entity, and support crypto asset transfers between users. (Businesswire)

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

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

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

Previously, Nakamoto reported a first-quarter 2026 net loss of $238.8 million. This includes approximately $107.7 million in write-downs related to prepaid options and about $102.5 million in book losses from its holdings of 5,058 BTC during the quarter's 23% decline in Bitcoin price. (Decrypt)

Apyx Confirms TGE and Airdrop on October 13, Points-Based Allocation Increased

Odaily News: Apyx, a stablecoin project built on STRC, announced on X that its TGE and airdrop are scheduled for October 13. Additionally, Season 2's points activity is confirmed to end on October 11, and the token allocation corresponding to points will increase from 4% to 6% of the total supply.

As previously reported, DeFi Development stated it will continue to advance its strategic investment in the stablecoin protocol Apyx.

Cross-Chain Settlement Protocol Everclear Announces Shutdown

Odaily News: Cross-chain settlement protocol Everclear announced on X the closure of its foundation, labs, and product development. The core reason is that its solver-based cross-chain capital rebalancing model, despite reaching $500 million in monthly volume, failed to convert into substantial revenue due to user price sensitivity. The DAO will continue operating and explore open-sourcing the protocol. If remaining funds exist, a CLEAR token buyback will be considered. The official timeline for closure, asset handling, and user fund arrangements have not yet been disclosed.

Syndicate Development Company to Wind Down Operations, SYND Governance Unaffected in Short Term

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

Syndicate said its structure consists of two parts: Syndicate Labs, responsible for development, will close; while Syndicate Network Collective (Wyoming DUNA), a separate entity holding SYND tokens and governance rights, will continue to exist, and SYND governance will not be affected in the short term.

Funding & Investment

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

Odaily News: AI hardware startup Hark announced a $700 million funding round, achieving a post-money valuation of $6 billion. 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 Raises Additional $200M in Series F Extension, Baillie Gifford and Layer Global Participate

Odaily News: Sources indicate that prediction market platform Kalshi has raised an additional $200 million from Baillie Gifford and Layer Global, extending the $1 billion Series F round previously led by Coatue Management. The company's valuation remains unchanged at $22 billion.

Earlier this month, Kalshi announced a $1 billion Series F round with participation from Sequoia Capital, a16z, IVP, Paradigm, Morgan Stanley, and ARK Invest.

Data shows that Kalshi's monthly trading volume exceeded $14 billion in April this year, with an annualized revenue of over $1.5 billion. (Bloomberg)