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On May 6, following a bridge attack last month that resulted in approximately $292 million in losses, Kelp DAO has decided to abandon LayerZero and adopt Chainlink's cross-chain infrastructure. Kelp DAO will utilize Chainlink's Cross-Chain Interoperability Protocol (CCIP), which requires 16 independent node operators to validate cross-chain transactions, making it the first major protocol to leave LayerZero after the attack. During the attack, the LayerZero-powered OFT bridge utilized a 1-of-1 single validator configuration, with 47% of LayerZero applications using the same setup at that time. LayerZero subsequently announced the discontinuation of single validator configurations. Kelp DAO stated that migrating to Chainlink CCIP directly addresses the architectural vulnerabilities exposed during the attack. Additionally, rsETH will adopt a cross-chain token standard. As part of the DeFi United rescue operation, LayerZero has donated and lent approximately 10,000 ETH to Aave.

[Kelp DAO Abandons LayerZero for Chainlink After Attack Incident]On May 6, following a bridge attack last month that resulted in approximately $292 million in losses, Kelp DAO has decided to abandon LayerZero and adopt Chainlink's cross-chain infrastructure. Kelp DAO will utilize Chainlink's Cross-Chain Interoperability Protocol (CCIP), which requires 16 independent node operators to validate cross-chain transactions, making it the first major protocol to leave LayerZero after the attack. During the attack, the LayerZero-powered OFT bridge utilized a 1-of-1 single validator configuration, with 47% of LayerZero applications using the same setup at that time. LayerZero subsequently announced the discontinuation of single validator configurations. Kelp DAO stated that migrating to Chainlink CCIP directly addresses the architectural vulnerabilities exposed during the attack. Additionally, rsETH will adopt a cross-chain token standard. As part of the DeFi United rescue operation, LayerZero has donated and lent approximately 10,000 ETH to Aave.

Kelp DAO Abandons LayerZero for Chainlink After Attack Incident

On May 6, the Chicago Mercantile Exchange Group (CME Group) announced plans to launch cash-settled Bitcoin volatility futures on June 1, pending regulatory approval. The product will trade under the code BVI, with each contract having a multiplier of $500 times the BVX index value, settling to the CME CF Bitcoin Volatility Index (real-time 30-day implied volatility metric). Giovanni Vicioso, Global Head of CME Cryptocurrency Products, stated that this move allows traders to directly trade and hedge Bitcoin volatility without making directional bets on Bitcoin prices.

[CME Group to Launch Cash-Settled Bitcoin Volatility Futures]On May 6, the Chicago Mercantile Exchange Group (CME Group) announced plans to launch cash-settled Bitcoin volatility futures on June 1, pending regulatory approval. The product will trade under the code BVI, with each contract having a multiplier of $500 times the BVX index value, settling to the CME CF Bitcoin Volatility Index (real-time 30-day implied volatility metric). Giovanni Vicioso, Global Head of CME Cryptocurrency Products, stated that this move allows traders to directly trade and hedge Bitcoin volatility without making directional bets on Bitcoin prices.

CME Group to Launch Cash-Settled Bitcoin Volatility Futures

According to monitoring by Dongcha Beating, OpenAI has released GPT-5.5 Instant, a significant upgrade to the default model of ChatGPT, now available to all users. GPT-5.5 Instant features comprehensive improvements in intelligence, factual accuracy, and response quality. Key enhancements include a substantial increase in factual accuracy, with a 52.5% reduction in hallucinations in high-risk areas such as medicine, law, and finance, and a 37.3% decrease in overall inaccurate statements. Additionally, the model's capabilities have been enhanced in STEM problems, image analysis, tool usage (such as web searches), and visual reasoning. The response style has also been optimized—answers are more concise (approximately 30% fewer words), reducing redundant formatting, excessive emojis, and unnecessary follow-up questions, while maintaining a warm personality and avoiding clutter. The new model excels in personalization: it can intelligently utilize chat history, uploaded files, and connected Gmail contexts to provide highly targeted suggestions and plans, while users retain complete control. GPT-5.5 Instant has a more natural and practical tone in everyday conversations, offering concise workplace advice or personalized recommendations based on user preferences (such as tea shop selections). OpenAI emphasizes that since Instant serves as a 'daily driver' assistant for most people, these small yet comprehensive improvements can significantly enhance the user experience, making ChatGPT a more reliable and efficient AI partner.

[OpenAI Releases GPT-5.5 Instant with Enhanced Intelligence, Accuracy, and Response Quality]According to monitoring by Dongcha Beating, OpenAI has released GPT-5.5 Instant, a significant upgrade to the default model of ChatGPT, now available to all users. GPT-5.5 Instant features comprehensive improvements in intelligence, factual accuracy, and response quality. Key enhancements include a substantial increase in factual accuracy, with a 52.5% reduction in hallucinations in high-risk areas such as medicine, law, and finance, and a 37.3% decrease in overall inaccurate statements. Additionally, the model's capabilities have been enhanced in STEM problems, image analysis, tool usage (such as web searches), and visual reasoning. The response style has also been optimized—answers are more concise (approximately 30% fewer words), reducing redundant formatting, excessive emojis, and unnecessary follow-up questions, while maintaining a warm personality and avoiding clutter. The new model excels in personalization: it can intelligently utilize chat history, uploaded files, and connected Gmail contexts to provide highly targeted suggestions and plans, while users retain complete control. GPT-5.5 Instant has a more natural and practical tone in everyday conversations, offering concise workplace advice or personalized recommendations based on user preferences (such as tea shop selections). OpenAI emphasizes that since Instant serves as a 'daily driver' assistant for most people, these small yet comprehensive improvements can significantly enhance the user experience, making ChatGPT a more reliable and efficient AI partner.

OpenAI Releases GPT-5.5 Instant with Enhanced Intelligence, Accuracy, and Response Quality

On May 6, Strategy reported a net loss of $12.54 billion for the first quarter of 2026, while holding 818,334 bitcoins at an average cost of $75,537. The company currently has approximately 18 months of dividend coverage, corresponding to an annual dividend expenditure of about $1.5 billion. Executive Chairman Michael Saylor indicated the possibility of selling bitcoins to pay dividends, which led to a roughly 3% drop in the company's stock price in after-hours trading, while the price of bitcoin fell below $81,000.

[Strategy Suggests Possible Bitcoin Sale to Meet Dividend Obligations]On May 6, Strategy reported a net loss of $12.54 billion for the first quarter of 2026, while holding 818,334 bitcoins at an average cost of $75,537. The company currently has approximately 18 months of dividend coverage, corresponding to an annual dividend expenditure of about $1.5 billion. Executive Chairman Michael Saylor indicated the possibility of selling bitcoins to pay dividends, which led to a roughly 3% drop in the company's stock price in after-hours trading, while the price of bitcoin fell below $81,000.

Strategy Suggests Possible Bitcoin Sale to Meet Dividend Obligations

On May 6, U.S. Secretary of State Rubio stated to reporters at the White House, "Operation Epic Fury has concluded, and we have achieved the objectives of this operation." He also explained that the next goal for the U.S. is to establish a secure passage area supported by naval and air forces to restore the ability of ships to transit and gradually rebuild confidence in the safety of shipping routes. Meanwhile, Trump posted on social media that the 'Freedom Plan' for facilitating navigation through the Strait of Hormuz will be temporarily suspended. "Based on requests from Pakistan and other countries, and given our significant military victories in the campaign against Iran, as well as substantial progress made towards a comprehensive final agreement with Iranian representatives, both sides have agreed that while the blockade measures will continue to be effective, the 'Freedom Plan' (which involves the passage of ships through the Strait of Hormuz) will be paused for a period to observe whether this agreement can ultimately be reached and signed."

[US Declares End of Offensive Against Iran, Trump Suspends 'Freedom Plan' for Strait Navigation]On May 6, U.S. Secretary of State Rubio stated to reporters at the White House, "Operation Epic Fury has concluded, and we have achieved the objectives of this operation." He also explained that the next goal for the U.S. is to establish a secure passage area supported by naval and air forces to restore the ability of ships to transit and gradually rebuild confidence in the safety of shipping routes. Meanwhile, Trump posted on social media that the 'Freedom Plan' for facilitating navigation through the Strait of Hormuz will be temporarily suspended. "Based on requests from Pakistan and other countries, and given our significant military victories in the campaign against Iran, as well as substantial progress made towards a comprehensive final agreement with Iranian representatives, both sides have agreed that while the blockade measures will continue to be effective, the 'Freedom Plan' (which involves the passage of ships through the Strait of Hormuz) will be paused for a period to observe whether this agreement can ultimately be reached and signed."

US Declares End of Offensive Against Iran, Trump Suspends 'Freedom Plan' for Strait Navigation

On May 6, U.S. prosecutors recommended a lighter sentence for former Celsius executive Roni Cohen-Pavon due to his substantial cooperation. Cohen-Pavon, who served as the Chief Revenue Officer of the bankrupt crypto lending platform Celsius, pleaded guilty in September 2023 to charges of fraud and conspiracy to manipulate the price of CEL tokens, in a case related to the 2022 collapse of Celsius that resulted in billions of dollars in losses. In a letter submitted to the Southern District of New York federal court, U.S. Attorney Jay Clayton emphasized Cohen-Pavon's willingness to testify against former CEO Alex Mashinsky. This cooperation could likely prompt Mashinsky to plead guilty earlier, as he has been sentenced to 12 years in prison starting May 2025. The prosecutors did not propose a specific sentence but requested the judge to consider the sentencing guidelines for 'appropriate leniency.' Cohen-Pavon's attorney argued that 'the time served is sufficient,' stating that he has taken full responsibility. The sentencing hearing originally scheduled for May 7 has been postponed to May 13.

[U.S. Prosecutors Request Leniency for Former Celsius Executive Due to Cooperation]On May 6, U.S. prosecutors recommended a lighter sentence for former Celsius executive Roni Cohen-Pavon due to his substantial cooperation. Cohen-Pavon, who served as the Chief Revenue Officer of the bankrupt crypto lending platform Celsius, pleaded guilty in September 2023 to charges of fraud and conspiracy to manipulate the price of CEL tokens, in a case related to the 2022 collapse of Celsius that resulted in billions of dollars in losses. In a letter submitted to the Southern District of New York federal court, U.S. Attorney Jay Clayton emphasized Cohen-Pavon's willingness to testify against former CEO Alex Mashinsky. This cooperation could likely prompt Mashinsky to plead guilty earlier, as he has been sentenced to 12 years in prison starting May 2025. The prosecutors did not propose a specific sentence but requested the judge to consider the sentencing guidelines for 'appropriate leniency.' Cohen-Pavon's attorney argued that 'the time served is sufficient,' stating that he has taken full responsibility. The sentencing hearing originally scheduled for May 7 has been postponed to May 13.

U.S. Prosecutors Request Leniency for Former Celsius Executive Due to Cooperation

On May 5, BlackRock will announce a hyperscale data center deal this week. (Jinshi)

[BlackRock to Announce Hyperscale Data Center Deal This Week]On May 5, BlackRock will announce a hyperscale data center deal this week. (Jinshi)

BlackRock to Announce Hyperscale Data Center Deal This Week

On May 6, oil prices fell for the second consecutive day, with U.S. President Donald Trump stating that 'significant progress' has been made towards a final agreement to end the war with Iran. WTI crude futures dropped below $100 per barrel, falling 3.9% on Tuesday; Brent crude futures settled around $110 per barrel. Trump posted on Truth Social that U.S. actions to facilitate the passage of ships through the Strait of Hormuz will be paused, but maritime blockades will continue to be enforced. Since the conflict erupted in late February, Brent crude prices have risen over 50%, with hundreds of millions of barrels of Persian Gulf oil unable to enter the global market. Currently, the strait is doubly blocked, hindering oil transport through this critical chokepoint, with Tehran obstructing shipping while the U.S. prevents vessels from entering and exiting Iranian ports. Earlier, U.S. Secretary of State Marco Rubio told reporters at the White House that the 'Epic Fury Operation' has concluded, marking 66 days since the U.S. and Israel began bombing Iran. He stated, 'We have achieved the objectives of the operation.'

[Oil Prices Continue Downward Trend as Trump Claims 'Significant Progress' in Iran Negotiations]On May 6, oil prices fell for the second consecutive day, with U.S. President Donald Trump stating that 'significant progress' has been made towards a final agreement to end the war with Iran. WTI crude futures dropped below $100 per barrel, falling 3.9% on Tuesday; Brent crude futures settled around $110 per barrel. Trump posted on Truth Social that U.S. actions to facilitate the passage of ships through the Strait of Hormuz will be paused, but maritime blockades will continue to be enforced. Since the conflict erupted in late February, Brent crude prices have risen over 50%, with hundreds of millions of barrels of Persian Gulf oil unable to enter the global market. Currently, the strait is doubly blocked, hindering oil transport through this critical chokepoint, with Tehran obstructing shipping while the U.S. prevents vessels from entering and exiting Iranian ports. Earlier, U.S. Secretary of State Marco Rubio told reporters at the White House that the 'Epic Fury Operation' has concluded, marking 66 days since the U.S. and Israel began bombing Iran. He stated, 'We have achieved the objectives of the operation.'

Oil Prices Continue Downward Trend as Trump Claims 'Significant Progress' in Iran Negotiations

On May 6, WTI crude oil June futures fell by $2.70, dropping below the $100 mark, following Trump's announcement to suspend 'Freedom Plan' actions. (Jin Shi)

[WTI Crude Oil June Futures Drop Below $100 Following Trump's Announcement to Suspend 'Freedom Plan' Actions]On May 6, WTI crude oil June futures fell by $2.70, dropping below the $100 mark, following Trump's announcement to suspend 'Freedom Plan' actions. (Jin Shi)

WTI Crude Oil June Futures Drop Below $100 Following Trump's Announcement to Suspend 'Freedom Plan' Actions

WAR fluctuated by 50.54% within 24 hours, current price $0.003036

【WAR fluctuated over 50% in 24 hours!】WAR fluctuated by 50.54% within 24 hours, current price $0.003036

WAR fluctuated over 50% in 24 hours!

a16z：普通人利用AI工具进行DeFi攻击，成功率有多高？

马斯克对决OpenAI庭审首日

微软与 OpenAI「分手」：模型独家的时代终结了

想进一年狂赚400亿美元的Jane Street有多难？

Trapped Below Market Mean

但斌出手，建仓 Circle

Litecoin’s MWEB Bug Let An Attacker Create 85,034 LTC

别急着All-in DeepSeek V4，先看看这10位从业者的真心话

CLARITY Act Nears Last Markup—White House Adviser Sees ‘Rocket Ship’ Crypto Boom

加密熊市创业指南第三弹：预测市场AI跟单Bot

Article

Ethena Season 5 Airdrop Now Open for Claims, Distributing 2% of ENA Supply

WAR fluctuated over 50% in 24 hours!

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