Today's top news highlights:

Data: CONX, AVAX, ARB and other tokens will see large-scale unlocking next week, with CONX unlocking value estimated at approximately $18.1 million.

Mysten Labs co-founder: Confidential transactions to launch on Sui this year, enabling large-scale free privacy payments.

Garrett Jin, a whale, deposited nearly 578,000 ETH into Binance over four days, incurring a loss of approximately $1.3 billion.

Regulation & Macro

Australia plans to adjust capital gains tax, impacting cryptocurrency investors.

Australia plans to abolish the 50% capital gains tax discount on assets held for more than 12 months, replacing it with a tax on inflation-adjusted real gains, effective July 2027. This move could double the tax burden on long-term cryptocurrency gains, raising concerns about investor withdrawals.

Trump rejects Iran peace plan, calling it "completely unacceptable."

Trump and Iran rejected each other's latest peace proposals, with Trump calling Iran's response "completely unacceptable." Netanyahu stated that the US-Israeli military operation against Iran is not over. More than 40 countries will discuss escort missions to ensure the passage of ships through the Strait of Hormuz.

U.S. Energy Secretary Wright: The U.S. has briefly suspended the "Freedom Project" initiative.

U.S. Energy Secretary Wright stated that the U.S. has temporarily suspended the "Freedom Project" and that reaching an agreement with Iran on the Strait of Hormuz through negotiations is the best outcome.

Trump will pay a state visit to China from May 13 to 15.

Iran's response to the US proposal to end the war has been delivered through Pakistan.

Project Updates

Futu's overseas brand Moomoo has obtained a prediction market license in the United States and will launch event contract trading services.

Futu's overseas brand, moomoo, has obtained a U.S. prediction market compliance license, becoming one of the first online brokerages authorized to offer event trading services to retail users. moomoo plans to launch event trading in the U.S. soon, covering sports, economics, politics, and culture. Product details and launch date will be announced later.

Binance Alpha will open its airdrop for collection and trading at 17:00 today, with a minimum requirement of 241 points.

Binance Alpha will open for airdrops and trading on May 11th at 17:00. Users holding at least 241 Binance Alpha points can apply, on a first-come, first-served basis.

SlowMist: TRON users should be wary of phishing campaigns impersonating the TronLink Chrome extension.

SlowMist is issuing a warning to TRON wallet users: attackers have created fake TronLink Chrome extensions, using homophones for spoofing. These extensions remotely load phishing pages to steal mnemonic phrases, private keys, and other sensitive information, which are then transmitted back via Telegram Bot. We recommend immediately uninstalling any suspicious extensions and transferring your assets.

Strategy CEO: Software revenue grew 12% in Q1, the best performance in nearly a decade, creating synergies with Bitcoin Treasury.

Strategy CEO Phong Le stated that software revenue grew by 12% in Q1, while cloud revenue grew by 59%, the best performance in nearly a decade. The company's Bitcoin treasury synergizes with its software business, and it recently built the AI data platform Mosaic, anticipating leveraging AI to restructure internal processes over the next year.

Michael Saylor has released more information about Bitcoin Tracker, and may disclose data on his increased holdings next week.

Strategy founder Michael Saylor has once again released information related to Bitcoin Tracker. Based on previous patterns, Strategy may disclose its increased holdings data next week.

Grayscale plans to launch the Cardano ETF by the end of 2026.

Grayscale plans to launch a Cardano ETF (ticker symbol GADA) by the end of 2026, converting the existing Cardano Trust into an ETF. If regulatory filings are activated in August, trading could begin as early as October 2026. Grayscale recently increased Cardano's weighting in its smart contract fund to 18.33%.

Microsoft Security Team: Fake macOS Troubleshooting Posts Can Install Crypto Wallet Stealing Programs

Microsoft's security team has discovered that attackers are using fake macOS troubleshooting guides to trick users into running malicious commands that steal encrypted wallets, iCloud data, and browser passwords. The malware can steal wallet keys for Exodus, Ledger, and other wallets; Apple has already added protection features in macOS 26.4.

Mysten Labs co-founder: Confidential transactions to launch on Sui this year, enabling large-scale free privacy payments.

Mysten Labs co-founder Adeniyi Abiodun said that confidential transactions will be launched on the Sui network this year, enabling large-scale, free, and privacy-protected payments.

Investment and financing news

Digital Asset is raising $300 million at a $2 billion valuation, with a16z crypto leading the round.

Digital Asset, the developer of Canton Network, is raising $300 million at a valuation of approximately $2 billion, led by a16z crypto, and is expected to close in the coming weeks. Canton Network is a public blockchain designed to allow users to retain some privacy of their information, targeting mainstream financial transactions.

Opinions & Analysis

Vitalik: ZKPay may become the next global standard

Vitalik Buterin stated that ZK payments may become the next key standard in the global digital economy, and that crypto payments need to shift from pseudonyms to default privacy. He proposed that transactions based on ZK proofs enable AI agents to make private payments, and that low-cost privacy transactions can be achieved through recursive SNARKs.

Michael Saylor: Strategy will buy 10 to 20 Bitcoins for every 1 Bitcoin sold, adhering to a net accumulation strategy.

Strategy Executive Chairman Michael Saylor stated that even when the company occasionally sells small amounts of Bitcoin, it quickly replenishes the holdings by buying back 10 to 20 Bitcoins for every 1 sold, maintaining its position as a net Bitcoin accumulator. Strategy announced last week that it would consider using its Bitcoin holdings to fund dividends on its STRC perpetual preferred stock.

After a drop of over 35%, ETH/BTC continues its weak trend, with analysts warning of a potential further decline of 40%.

ETH/BTC has fallen by more than 35% over the past year. Technical analysis shows that selling pressure continues. If the weakness continues, the next key support level is around 0.0176 BTC, which still represents a potential downside of about 40% from the current level.

Google Cloud and PayPal executives: AI agents will run on encrypted payment tracks, inaccessible to traditional bank accounts.

At the Consensus conference, Google Cloud and PayPal executives stated that AI agents cannot use traditional bank accounts, and that encrypted payment rails are machine-readable payment interfaces. Google launched the Agentic Payments Protocol, and PayPal's PYUSD is seen as a naturally programmable payment layer.

CryptoQuant analyst warns of pressure on BTC mining: Hashrate falls below key moving average, industry enters adjustment phase.

CryptoQuant analyst Darkfost said that Bitcoin's total network hashrate has fallen below the annual average, reflecting intensified competition among miners, and some mining companies may have shut down or adjusted their business models.

Analysis: Bitcoin's correction may not be over; market focuses on the battle for the key $80,000 support level.

Bitcoin traded in a narrow range above $80,000 over the weekend, but many traders believe the correction is not yet over. The market is focused on the key support level of $80,000; if this level is breached, $74,000 may become the next area to watch. The upcoming US April CPI data may also influence the market.

Opinion: The AI Agent economy will operate on a crypto track, with stablecoins and on-chain payments becoming core infrastructure.

Google Cloud and PayPal executives stated that the AI Agent economy will operate on a crypto track, with stablecoins and on-chain payments forming core infrastructure. Google launched the AP2 protocol, and PayPal's PYUSD provides a programmable layer for AI-native payments. Multi-party escrow will be crucial; AI agents should not control full private keys.

Paul Chan: The Guangdong-Hong Kong-Macao Greater Bay Area possesses the triple advantages of "AI + Manufacturing + Finance".

Hong Kong Financial Secretary Paul Chan said that the Guangdong-Hong Kong-Macao Greater Bay Area has three advantages: AI research and development, high-end manufacturing chain and international finance. Hong Kong will play its role in industrial synergy and rule connection, and become an international interface and standard conversion platform for the landing of emerging industries.

Important data

Bitcoin spot ETFs saw net inflows of $623 million last week, marking the sixth consecutive week of net inflows.

Last week, Bitcoin spot ETFs saw net inflows of $623 million, marking the sixth consecutive week of net inflows. BlackRock's IBIT saw net inflows of $596 million, and ARKB saw net inflows of $53.09 million; Grayscale's GBTC saw net outflows of $62.28 million. The total net asset value of Bitcoin spot ETFs is $106.61 billion, with a historical cumulative net inflow of $59.34 billion.

CoinShares: Digital asset investment products saw net inflows of $857.9 million last week, marking the sixth consecutive week of net inflows.

Last week, digital asset investment products saw net inflows of $857.9 million, marking the sixth consecutive week of net inflows, bringing total assets under management to $160 billion. Bitcoin saw inflows of $706.1 million, Ethereum $77.1 million, and Solana $47.6 million. The United States saw inflows of $776.6 million.

Matrixport withdrew 5,000 ETH from Binance, equivalent to approximately $11.67 million.

A whale converted 40 BTC into 1,384.6 ETH and transferred the funds via Tornado Cash.

Data: CONX, AVAX, ARB and other tokens will see large-scale unlocking next week, with CONX unlocking value estimated at approximately $18.1 million.

Next week, CONX will unlock approximately 1.32 million tokens (approximately $18.1 million), AVAX approximately 1.67 million tokens (approximately $16.5 million), ARB approximately 92.65 million tokens (approximately $13 million), APT approximately 11.31 million tokens (approximately $12.4 million), and STRK approximately 127 million tokens (approximately $6.8 million).

Amber Group-linked addresses withdrew 340,000 LAB tokens and deposited them into Gate, worth $1.74 million.

A Bitcoin OG address that had been dormant for 12 years transferred 500 BTC, making a profit of $40.17 million.

Garrett Jin, a whale, deposited nearly 578,000 ETH into Binance over four days, incurring a loss of approximately $1.3 billion.

Garrett Jin, a whale, deposited all 578,000 ETH ($1.35 billion) into Binance within four days. Most of these ETH were exchanged from BTC at a price of $4,591 eight months ago, and he has now lost approximately $1.3 billion.

Morgan Stanley Bitcoin ETF saw a net inflow of $194 million in its first month of trading, with no days experiencing net outflows.

The Morgan Stanley Bitcoin ETF (MSBT) saw a net inflow of $193.6 million in its first month of trading, with no days experiencing net outflows, and its net assets reached $239.6 million. Its management fee of 0.14% is the lowest among US spot Bitcoin ETFs.

Binance updates token information method and adds token unlocking schedule

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