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On May 31, the Cosmos ecosystem cross-chain bridge Gravity Bridge was reportedly attacked due to a suspected leak of its signing keys, resulting in the theft of approximately $5.4 million in assets. The official team has confirmed the security incident and has urgently suspended bridging services for investigation. They have also requested validators to pause the operation of validation nodes and coordinators, as it is believed that the contract keys may have been compromised. Earlier reports indicated that Gravity Bridge was attacked, leading to the theft of around $5.4 million in cryptocurrency assets.

[Cosmos Ecosystem Cross-Chain Bridge Gravity Bridge Announces Service Shutdown After Attack]On May 31, the Cosmos ecosystem cross-chain bridge Gravity Bridge was reportedly attacked due to a suspected leak of its signing keys, resulting in the theft of approximately $5.4 million in assets. The official team has confirmed the security incident and has urgently suspended bridging services for investigation. They have also requested validators to pause the operation of validation nodes and coordinators, as it is believed that the contract keys may have been compromised. Earlier reports indicated that Gravity Bridge was attacked, leading to the theft of around $5.4 million in cryptocurrency assets.

Cosmos Ecosystem Cross-Chain Bridge Gravity Bridge Announces Service Shutdown After Attack

On May 30, the VIP private class "AI + Trading from Theory to Practice" was held in Shanghai as part of the Huobi HTX Masterclass series. Cloud, Chief Analyst at HTX Research, shared insights on "New Trading Opportunities in the AI Era." He believes that AI is a vast gold mine waiting to be explored, and trading is the fastest and most efficient way to monetize AI. Ordinary traders face three major challenges: emotional interference, limited energy, and cognitive bias, which form the 'impossible triangle' of trading. AI is the key to breaking this dilemma. It enables objective, emotionless decision-making, large-scale parallel monitoring, superior pattern recognition beyond human capabilities, and multimodal signal integration, fundamentally reshaping trading decision logic.

[Cloud: AI is a Huge Gold Mine for Traders]On May 30, the VIP private class "AI + Trading from Theory to Practice" was held in Shanghai as part of the Huobi HTX Masterclass series. Cloud, Chief Analyst at HTX Research, shared insights on "New Trading Opportunities in the AI Era." He believes that AI is a vast gold mine waiting to be explored, and trading is the fastest and most efficient way to monetize AI. Ordinary traders face three major challenges: emotional interference, limited energy, and cognitive bias, which form the 'impossible triangle' of trading. AI is the key to breaking this dilemma. It enables objective, emotionless decision-making, large-scale parallel monitoring, superior pattern recognition beyond human capabilities, and multimodal signal integration, fundamentally reshaping trading decision logic.

Cloud: AI is a Huge Gold Mine for Traders

On May 31, Chan Mo-po, the Financial Secretary of the Hong Kong Special Administrative Region, stated in a blog post that domestic and foreign funds have cast a vote of confidence in Hong Kong, indicating considerable growth in the asset management sector. He mentioned that an international consulting firm recently released a global wealth report for 2026, estimating that the cross-border wealth management assets in Hong Kong grew by 10.7% year-on-year to approximately HKD 23 trillion last year, surpassing Switzerland to become the world's leading cross-border wealth management center. It is expected that from now until 2030, the cross-border wealth managed in Hong Kong will grow by about 9% annually, outpacing Switzerland. This reflects the trust that domestic and foreign funds have in Hong Kong's system and investment environment. He noted that according to the Securities and Futures Commission's annual 'Survey of Asset and Wealth Management Activities,' the total value of Hong Kong's asset management business has exceeded HKD 35 trillion, with 54% of the funds coming from investors outside of mainland China and Hong Kong, demonstrating the ongoing internationalization of Hong Kong's asset management industry. The trend shows significant growth in Hong Kong's asset management sector, with the asset scale doubling and the number of asset management institutions nearly doubling over the ten years from 2015 to 2024. (Xinhua News Agency)

[Chan Mo-po: Trust from Domestic and Foreign Funds Indicates Significant Growth in Hong Kong's Asset Management Sector]On May 31, Chan Mo-po, the Financial Secretary of the Hong Kong Special Administrative Region, stated in a blog post that domestic and foreign funds have cast a vote of confidence in Hong Kong, indicating considerable growth in the asset management sector. He mentioned that an international consulting firm recently released a global wealth report for 2026, estimating that the cross-border wealth management assets in Hong Kong grew by 10.7% year-on-year to approximately HKD 23 trillion last year, surpassing Switzerland to become the world's leading cross-border wealth management center. It is expected that from now until 2030, the cross-border wealth managed in Hong Kong will grow by about 9% annually, outpacing Switzerland. This reflects the trust that domestic and foreign funds have in Hong Kong's system and investment environment. He noted that according to the Securities and Futures Commission's annual 'Survey of Asset and Wealth Management Activities,' the total value of Hong Kong's asset management business has exceeded HKD 35 trillion, with 54% of the funds coming from investors outside of mainland China and Hong Kong, demonstrating the ongoing internationalization of Hong Kong's asset management industry. The trend shows significant growth in Hong Kong's asset management sector, with the asset scale doubling and the number of asset management institutions nearly doubling over the ten years from 2015 to 2024. (Xinhua News Agency)

Chan Mo-po: Trust from Domestic and Foreign Funds Indicates Significant Growth in Hong Kong's Asset Management Sector

On May 31, according to hl.eco data, after HYPE broke the $70 new high around noon today, the TWAP net buy volume showed a declining trend, with a net sell volume of $202,000 in the last hour. The projected net buy volume for the next 24 hours is $3.91 million, down from approximately $54 million earlier this morning. Note from BlockBeats: The TWAP order model (Time-Weighted Average Price) splits a large order into many smaller orders evenly over time and executes them gradually at fixed intervals within a predetermined time window. It is a common algorithmic trading strategy primarily used to reduce market price impact when executing large orders.

[HYPE TWAP Net Buy Volume Decreases After New High, Projected at $3.91 Million in Next 24 Hours]On May 31, according to hl.eco data, after HYPE broke the $70 new high around noon today, the TWAP net buy volume showed a declining trend, with a net sell volume of $202,000 in the last hour. The projected net buy volume for the next 24 hours is $3.91 million, down from approximately $54 million earlier this morning. Note from BlockBeats: The TWAP order model (Time-Weighted Average Price) splits a large order into many smaller orders evenly over time and executes them gradually at fixed intervals within a predetermined time window. It is a common algorithmic trading strategy primarily used to reduce market price impact when executing large orders.

HYPE TWAP Net Buy Volume Decreases After New High, Projected at $3.91 Million in Next 24 Hours

On May 31, in response to allegations of insider trading regarding SIVE's listing news, Swedish prosecutors suggested that Nasdaq initiate an investigation. 'New stock guru' Serenity posted on platform X, stating that Sivers (SIVE) should fully transition into a U.S. company, with Nasdaq listing as the first step. The company already possesses a U.S. capital structure, significant equity stakes, and support from the CHIPS Act. This transformation could lead to higher valuation premiums and merger opportunities. Furthermore, negative reports from Swedish local media influenced by short sellers are detrimental to the development of AI photonics. The U.S. market can offer more financing opportunities as well as support from institutions, funds, and indices. Serenity also recommended that Sivers retain its European operations as a subsidiary, managed by the U.S. parent company, ultimately aiming to become a leading U.S. optical communications firm rather than merely justifying its value in the Swedish market. Additionally, it hinted that Sivers' management may have already begun seeking to establish Sivers as the next American photonics giant, similar to Lumentum (LITE).

[New Stock Guru Serenity: SIVE Should Transform into a U.S. Company While Retaining European Subsidiaries for Photonics Market Positioning]On May 31, in response to allegations of insider trading regarding SIVE's listing news, Swedish prosecutors suggested that Nasdaq initiate an investigation. 'New stock guru' Serenity posted on platform X, stating that Sivers (SIVE) should fully transition into a U.S. company, with Nasdaq listing as the first step. The company already possesses a U.S. capital structure, significant equity stakes, and support from the CHIPS Act. This transformation could lead to higher valuation premiums and merger opportunities. Furthermore, negative reports from Swedish local media influenced by short sellers are detrimental to the development of AI photonics. The U.S. market can offer more financing opportunities as well as support from institutions, funds, and indices. Serenity also recommended that Sivers retain its European operations as a subsidiary, managed by the U.S. parent company, ultimately aiming to become a leading U.S. optical communications firm rather than merely justifying its value in the Swedish market. Additionally, it hinted that Sivers' management may have already begun seeking to establish Sivers as the next American photonics giant, similar to Lumentum (LITE).

New Stock Guru Serenity: SIVE Should Transform into a U.S. Company While Retaining European Subsidiaries for Photonics Market Positioning

On May 31, according to HTX market information, HYPE briefly surpassed $70, currently priced at $69.845, with a 24-hour increase of 6.4%, setting a new historical high.

[HYPE Briefly Surpasses $70, Setting New Historical High]On May 31, according to HTX market information, HYPE briefly surpassed $70, currently priced at $69.845, with a 24-hour increase of 6.4%, setting a new historical high.

HYPE Briefly Surpasses $70, Setting New Historical High

On May 31, Israeli Defense Minister Katz stated that Israel is determined to weaken the power of Hezbollah in Lebanon. He remarked, 'The enemy will lose its strategic positions one after another.' (CCTV International News)

[Israeli Defense Minister Issues Stern Warning to Hezbollah]On May 31, Israeli Defense Minister Katz stated that Israel is determined to weaken the power of Hezbollah in Lebanon. He remarked, 'The enemy will lose its strategic positions one after another.' (CCTV International News)

Israeli Defense Minister Issues Stern Warning to Hezbollah

On May 31, a video clip from last December of Trump praising IBM CEO Arvind Krishna during a roundtable meeting at the White House has gone viral again. In the video, Trump stated that IBM's stock price has risen from a low point to a decent level and predicted that 'it will rise even more.' The renewed interest comes after IBM received a $1 billion funding from the U.S. Department of Commerce under the CHIPS Act for a quantum chip factory on May 21. This positive news led to a consecutive week of increases in IBM's stock price, with a rise of approximately 17.7%, nearing historical highs. Notably, Trump has not only verbally praised IBM but has also quietly purchased a small amount of IBM stock. Recently disclosed financial documents from the U.S. Office of Government Ethics (OGE) Form 278-T for the first quarter of 2026 reveal that Trump's trust bought a share of IBM stock on March 21, although the amount was not large, falling within the $15,001 - $50,000 range.

[Trump's Bold Prediction: IBM Stock to Rise Following $1 Billion Government Investment]On May 31, a video clip from last December of Trump praising IBM CEO Arvind Krishna during a roundtable meeting at the White House has gone viral again. In the video, Trump stated that IBM's stock price has risen from a low point to a decent level and predicted that 'it will rise even more.' The renewed interest comes after IBM received a $1 billion funding from the U.S. Department of Commerce under the CHIPS Act for a quantum chip factory on May 21. This positive news led to a consecutive week of increases in IBM's stock price, with a rise of approximately 17.7%, nearing historical highs. Notably, Trump has not only verbally praised IBM but has also quietly purchased a small amount of IBM stock. Recently disclosed financial documents from the U.S. Office of Government Ethics (OGE) Form 278-T for the first quarter of 2026 reveal that Trump's trust bought a share of IBM stock on March 21, although the amount was not large, falling within the $15,001 - $50,000 range.

Trump's Bold Prediction: IBM Stock to Rise Following $1 Billion Government Investment

On May 31, Trump posted on the Truth platform stating, 'The results of my physical examination at Walter Reed National Military Medical Center have just been released, and they are very favorable. Unlike other presidents who have never undergone any approved high-difficulty cognitive tests, I achieved a perfect score of 30, which is considered 'very high intelligence.' In fact, this is my fourth time taking such a test, and I have achieved perfect scores each time, answering all 120 questions correctly out of 120! Very few people can achieve a perfect score, especially in the case of accomplishing this four times in a row, which is indeed rare. All candidates for the presidency and vice presidency should be required to take high-difficulty cognitive tests.' Public information shows that Trump underwent the Montreal Cognitive Assessment (MoCA), which primarily screens for cognitive decline and is not a tool for measuring 'smartness' or IQ.

[Trump Announces Perfect Score on IQ Test, Calls it a 'Rare Achievement']On May 31, Trump posted on the Truth platform stating, 'The results of my physical examination at Walter Reed National Military Medical Center have just been released, and they are very favorable. Unlike other presidents who have never undergone any approved high-difficulty cognitive tests, I achieved a perfect score of 30, which is considered 'very high intelligence.' In fact, this is my fourth time taking such a test, and I have achieved perfect scores each time, answering all 120 questions correctly out of 120! Very few people can achieve a perfect score, especially in the case of accomplishing this four times in a row, which is indeed rare. All candidates for the presidency and vice presidency should be required to take high-difficulty cognitive tests.' Public information shows that Trump underwent the Montreal Cognitive Assessment (MoCA), which primarily screens for cognitive decline and is not a tool for measuring 'smartness' or IQ.

Trump Announces Perfect Score on IQ Test, Calls it a 'Rare Achievement'

According to Bussiness Wire, crypto lender BlockFi and eight of its affiliates today commenced voluntary cases under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of New Jersey. As part of its restructuring efforts, the Company will focus on recovering all obligations owed to BlockFi by its counterparties, including FTX and associated corporate entities. Due to the recent collapse of FTX and its ensuing bankruptcy process, which remains ongoing, the Company expects that recoveries from FTX will be delayed. Platform activity continues to be paused at this time. BlockFi has $256.9 million in cash on hand.

Detail

【BlockFi commences bankruptcy restructuring proceeding, now it has $256.9 million in cash】According to Bussiness Wire, crypto lender BlockFi and eight of its affiliates today commenced voluntary cases under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of New Jersey. As part of its restructuring efforts, the Company will focus on recovering all obligations owed to BlockFi by its counterparties, including FTX and associated corporate entities. Due to the recent collapse of FTX and its ensuing bankruptcy process, which remains ongoing, the Company expects that recoveries from FTX will be delayed. Platform activity continues to be paused at this time. BlockFi has $256.9 million in cash on hand.

BlockFi commences bankruptcy restructuring proceeding, now it has $256.9 million in cash

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Article

Gravity Bridge Suspected of Private Key Leak Attack, Approximately $5.4 Million in Assets Stolen

BlockFi commences bankruptcy restructuring proceeding, now it has $256.9 million in cash

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

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