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On May 13, during Tencent's shareholder meeting, Chairman and CEO Pony Ma provided the most candid response to date regarding concerns about whether Tencent's AI is lagging behind. He stated, "A year ago, we thought we were on board, but later found that the ship was leaking. Now, we feel like we are on board, but we haven't settled in yet. We hope the ship can go a bit faster." Ma acknowledged the company's tumultuous journey in the field of artificial intelligence and humorously illustrated the current situation: they are on the ship but have not yet found their footing. He also emphasized that Tencent may not be the fastest in seizing opportunities in the industry, but they are committed to following the right path and leveraging their unique advantages steadily. "We can't just look at others and casually jump over to seize their territory. We have done that in the past but ultimately failed," he added. (Wall Street Journal)

[Pony Ma Responds to Concerns About Tencent's AI Lag: 'We Thought We Were on Board, But Found the Ship Leaking']On May 13, during Tencent's shareholder meeting, Chairman and CEO Pony Ma provided the most candid response to date regarding concerns about whether Tencent's AI is lagging behind. He stated, "A year ago, we thought we were on board, but later found that the ship was leaking. Now, we feel like we are on board, but we haven't settled in yet. We hope the ship can go a bit faster." Ma acknowledged the company's tumultuous journey in the field of artificial intelligence and humorously illustrated the current situation: they are on the ship but have not yet found their footing. He also emphasized that Tencent may not be the fastest in seizing opportunities in the industry, but they are committed to following the right path and leveraging their unique advantages steadily. "We can't just look at others and casually jump over to seize their territory. We have done that in the past but ultimately failed," he added. (Wall Street Journal)

Pony Ma Responds to Concerns About Tencent's AI Lag: 'We Thought We Were on Board, But Found the Ship Leaking'

On May 13, Japanese Bitcoin treasury company Metaplanet announced its Q1 performance for the fiscal year 2026: revenue was 30.8 billion yen (approximately 19.6 million USD), a year-on-year increase of 251.1%; operating profit was 22.67 billion yen (approximately 14.4 million USD), a year-on-year increase of 282.5%; recurring losses amounted to 114.928 billion yen (approximately 731 million USD), primarily impacted by accounting impairments due to the decline in Bitcoin prices. As of March 31, 2026, Metaplanet held 40,177 BTC, representing a 2.8% increase in fully diluted per-share BTC holdings compared to the end of 2025. The company stated that as of May 12, 2026, the market value of its BTC holdings was approximately 514 billion yen (about 3.27 billion USD), accounting for about 87% of the total BTC holdings of publicly listed companies in Japan. Additionally, Metaplanet maintained its full-year performance guidance for fiscal year 2026, expecting total revenue of 16 billion yen (approximately 1.02 million USD), a year-on-year increase of 79.7%; and total operating profit of 11.4 billion yen (approximately 72.5 million USD), a year-on-year increase of 81.3%.

[Metaplanet Releases Q1 Financial Report: Revenue Up 251% Year-on-Year, Bitcoin Holdings Reach 40,177 BTC]On May 13, Japanese Bitcoin treasury company Metaplanet announced its Q1 performance for the fiscal year 2026: revenue was 30.8 billion yen (approximately 19.6 million USD), a year-on-year increase of 251.1%; operating profit was 22.67 billion yen (approximately 14.4 million USD), a year-on-year increase of 282.5%; recurring losses amounted to 114.928 billion yen (approximately 731 million USD), primarily impacted by accounting impairments due to the decline in Bitcoin prices. As of March 31, 2026, Metaplanet held 40,177 BTC, representing a 2.8% increase in fully diluted per-share BTC holdings compared to the end of 2025. The company stated that as of May 12, 2026, the market value of its BTC holdings was approximately 514 billion yen (about 3.27 billion USD), accounting for about 87% of the total BTC holdings of publicly listed companies in Japan. Additionally, Metaplanet maintained its full-year performance guidance for fiscal year 2026, expecting total revenue of 16 billion yen (approximately 1.02 million USD), a year-on-year increase of 79.7%; and total operating profit of 11.4 billion yen (approximately 72.5 million USD), a year-on-year increase of 81.3%.

Metaplanet Releases Q1 Financial Report: Revenue Up 251% Year-on-Year, Bitcoin Holdings Reach 40,177 BTC

On May 13, 2026, the AI intent-driven engine “Intelligent Trading Intent Awakening: OG Agent Global Launch Conference”, co-hosted by Ju.com and Nivex, successfully concluded simultaneously in Hangzhou, Chongqing, and Shenzhen. This grand event brought together global blockchain elites and ecosystem leaders to jointly witness a milestone moment in AI trading in the Web 4.0 era.

[OG Agent Global Launch Conference (Shenzhen Station) Successfully Concludes: The Intelligent Computing Era Officially Begins]On May 13, 2026, the AI intent-driven engine “Intelligent Trading Intent Awakening: OG Agent Global Launch Conference”, co-hosted by Ju.com and Nivex, successfully concluded simultaneously in Hangzhou, Chongqing, and Shenzhen. This grand event brought together global blockchain elites and ecosystem leaders to jointly witness a milestone moment in AI trading in the Web 4.0 era.

OG Agent Global Launch Conference (Shenzhen Station) Successfully Concludes: The Intelligent Computing Era Officially Begins

UP fluctuated by 99.55% within 24 hours, current price $0.230819

【UP24-hour fluctuation exceeds 50%!】UP fluctuated by 99.55% within 24 hours, current price $0.230819

UP24-hour fluctuation exceeds 50%!

On May 13, The Block reported that the KRWQ stablecoin, pegged to the South Korean won, has announced its expansion to the Solana network, aiming to support on-chain liquidity in won. KRWQ was created in collaboration between IQ Company and Frax, and the team stated that this deployment will make it a core settlement asset for won liquidity on Solana. KRWQ will support various trading applications denominated in won on Solana, including perpetual futures, on-chain foreign exchange markets, arbitrage strategies, cross-margin trading between won and US dollar stablecoins, as well as institutional and algorithmic trading systems.

[KRWQ Stablecoin Expands to Solana Network]On May 13, The Block reported that the KRWQ stablecoin, pegged to the South Korean won, has announced its expansion to the Solana network, aiming to support on-chain liquidity in won. KRWQ was created in collaboration between IQ Company and Frax, and the team stated that this deployment will make it a core settlement asset for won liquidity on Solana. KRWQ will support various trading applications denominated in won on Solana, including perpetual futures, on-chain foreign exchange markets, arbitrage strategies, cross-margin trading between won and US dollar stablecoins, as well as institutional and algorithmic trading systems.

KRWQ Stablecoin Expands to Solana Network

On May 13, OpenAI's official status page indicated that the company is investigating multiple service outages, with the Codex 5.5 engine experiencing a high error rate. Free users are particularly affected, and all Codex users have reported increased latency with GPT 5.5. Additionally, the Realtime API's SIP/WebRTC processes have been interrupted, which has been marked as 'under investigation' by the official team, with related issues persisting for several hours. The website notes that the impact of the outages varies based on subscription level and the models and features used.

[OpenAI Services Experience Outages Affecting API and Codex Usage]On May 13, OpenAI's official status page indicated that the company is investigating multiple service outages, with the Codex 5.5 engine experiencing a high error rate. Free users are particularly affected, and all Codex users have reported increased latency with GPT 5.5. Additionally, the Realtime API's SIP/WebRTC processes have been interrupted, which has been marked as 'under investigation' by the official team, with related issues persisting for several hours. The website notes that the impact of the outages varies based on subscription level and the models and features used.

OpenAI Services Experience Outages Affecting API and Codex Usage

SYS fluctuated by 50.7% within 24 hours, current price $0.0072

【SYS fluctuated over 50% in 24 hours!】SYS fluctuated by 50.7% within 24 hours, current price $0.0072

SYS fluctuated over 50% in 24 hours!

According to The New York Times, venture capital firm Andreessen Horowitz (a16z) and its co-founders Marc Andreessen and Ben Horowitz have disclosed over $115 million in federal donations during the current midterm election cycle, surpassing George Soros ($102.9 million), Elon Musk ($85 million), and Jeff Yass ($81.8 million), making them the largest known political donor in this election cycle. Compared to the approximately $63 million donated in the 2024 election cycle, this round of donations marks a significant increase. Notably, on November 6, 2024 (the day after the election), a16z injected over $23 million into a major super PAC in the cryptocurrency industry, indicating a clear long-term strategic intent in their political positioning.

[a16z Becomes Largest Donor in Current U.S. Midterm Elections, Disclosing Over $115 Million in Federal Donations]According to The New York Times, venture capital firm Andreessen Horowitz (a16z) and its co-founders Marc Andreessen and Ben Horowitz have disclosed over $115 million in federal donations during the current midterm election cycle, surpassing George Soros ($102.9 million), Elon Musk ($85 million), and Jeff Yass ($81.8 million), making them the largest known political donor in this election cycle. Compared to the approximately $63 million donated in the 2024 election cycle, this round of donations marks a significant increase. Notably, on November 6, 2024 (the day after the election), a16z injected over $23 million into a major super PAC in the cryptocurrency industry, indicating a clear long-term strategic intent in their political positioning.

a16z Becomes Largest Donor in Current U.S. Midterm Elections, Disclosing Over $115 Million in Federal Donations

On May 13, Morgan Stanley raised its year-end target for the S&P 500 index to 8000 for 2026, up from the previous target of 7800. (Jin Shi)

[Morgan Stanley Raises S&P 500 Year-End Target to 8000 for 2026]On May 13, Morgan Stanley raised its year-end target for the S&P 500 index to 8000 for 2026, up from the previous target of 7800. (Jin Shi)

Morgan Stanley Raises S&P 500 Year-End Target to 8000 for 2026

According to Techcrunch, Reddit is launching a new NFT-based avatar marketplace today that allows you to purchase blockchain-based profile pictures for a fixed rate. The company said that you need not have a crypto wallet to buy them, so your credit or debit card should be enough, and you can use Reddit’s own wallet product to store them.
The social network said it is releasing 90 different designs with the total amount of NFTs going for sale in this early-access phase being “tens of thousands.”

Detail

【Reddit is launching a new NFT avatar marketplace】According to Techcrunch, Reddit is launching a new NFT-based avatar marketplace today that allows you to purchase blockchain-based profile pictures for a fixed rate. The company said that you need not have a crypto wallet to buy them, so your credit or debit card should be enough, and you can use Reddit’s own wallet product to store them.
The social network said it is releasing 90 different designs with the total amount of NFTs going for sale in this early-access phase being “tens of thousands.”

Reddit is launching a new NFT avatar marketplace

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Article

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Reddit is launching a new NFT avatar marketplace

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