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On May 12, the Wall Street Journal reported, citing informed sources, that the United Arab Emirates has conducted military strikes against Iran. These actions indicate that the country is now more willing to use force to protect its economic power and its growing influence in the Middle East. According to insiders, the UAE has not publicly acknowledged these strikes, which included an attack on a refinery facility located on Iran's Lavan Island in the Persian Gulf. This attack occurred in early April, coinciding with President Trump's announcement of a ceasefire following five weeks of airstrikes. The attack sparked a large fire and resulted in the shutdown of most of the refinery's production capacity for months. Since then, the UAE has become the most openly confrontational country in the Gulf region and has maintained strong military cooperation with the United States throughout the war. In contrast, Iran has concentrated most of its firepower on the UAE, launching over 2,800 missiles and drones at it, a number significantly higher than that aimed at any other country, including Israel.

[WSJ: UAE Launched Military Strikes Against Iran in Early April, Becoming Most Targeted by Iranian Firepower]On May 12, the Wall Street Journal reported, citing informed sources, that the United Arab Emirates has conducted military strikes against Iran. These actions indicate that the country is now more willing to use force to protect its economic power and its growing influence in the Middle East. According to insiders, the UAE has not publicly acknowledged these strikes, which included an attack on a refinery facility located on Iran's Lavan Island in the Persian Gulf. This attack occurred in early April, coinciding with President Trump's announcement of a ceasefire following five weeks of airstrikes. The attack sparked a large fire and resulted in the shutdown of most of the refinery's production capacity for months. Since then, the UAE has become the most openly confrontational country in the Gulf region and has maintained strong military cooperation with the United States throughout the war. In contrast, Iran has concentrated most of its firepower on the UAE, launching over 2,800 missiles and drones at it, a number significantly higher than that aimed at any other country, including Israel.

WSJ: UAE Launched Military Strikes Against Iran in Early April, Becoming Most Targeted by Iranian Firepower

opg Surges 20.01% in 24H, Currently at 0.3406 USDT

【opg currently trades at 0.3406 USDT, up 20.01% in 24h, according to HTX market data.】opg Surges 20.01% in 24H, Currently at 0.3406 USDT

opg currently trades at 0.3406 USDT, up 20.01% in 24h, according to HTX market data.

On May 12, it was announced that 21Shares US will launch its Hyperliquid ETF (THYP) on May 12, 2026, Eastern Time. According to the prospectus, THYP is a passive spot HYPE ETF aimed at tracking the performance of the FTSE Hyperliquid Index, and it plans to pledge a portion of its HYPE holdings under controlled compliance and tax risk.

[21Shares Hyperliquid ETF (THYP) to Launch on May 12]On May 12, it was announced that 21Shares US will launch its Hyperliquid ETF (THYP) on May 12, 2026, Eastern Time. According to the prospectus, THYP is a passive spot HYPE ETF aimed at tracking the performance of the FTSE Hyperliquid Index, and it plans to pledge a portion of its HYPE holdings under controlled compliance and tax risk.

21Shares Hyperliquid ETF (THYP) to Launch on May 12

On May 12, according to monitoring by Onchain Lens, a whale spent 3.02 million USDC to purchase 71,832 HYPE at an average price of 42 dollars.

[Whale Purchases 71,832 HYPE for 3.02 Million USDC]On May 12, according to monitoring by Onchain Lens, a whale spent 3.02 million USDC to purchase 71,832 HYPE at an average price of 42 dollars.

Whale Purchases 71,832 HYPE for 3.02 Million USDC

BLUM fluctuated by 53.14% within 24 hours, current price $0.003647

【BLUM fluctuated over 50% in 24 hours!】BLUM fluctuated by 53.14% within 24 hours, current price $0.003647

BLUM fluctuated over 50% in 24 hours!

On May 12, according to monitoring by Onchainlens, FTX/Alameda unstaked 99,263 SOL half an hour ago, valued at $19.4 million.

[FTX/Alameda Unstakes 99,263 SOL Worth $19.4 Million]On May 12, according to monitoring by Onchainlens, FTX/Alameda unstaked 99,263 SOL half an hour ago, valued at $19.4 million.

FTX/Alameda Unstakes 99,263 SOL Worth $19.4 Million

UXLINK fluctuated by 157.3% within 24 hours, current price $0.00429

【UXLINK fluctuated over 50% in 24 hours!】UXLINK fluctuated by 157.3% within 24 hours, current price $0.00429

UXLINK fluctuated over 50% in 24 hours!

On May 12, according to monitoring by Onchain Lens, FTX/Alameda has unstaked 199,263 SOL, valued at $19.4 million.

[FTX/Alameda Unstaked 199,263 SOL Worth $19.4 Million]On May 12, according to monitoring by Onchain Lens, FTX/Alameda has unstaked 199,263 SOL, valued at $19.4 million.

FTX/Alameda Unstaked 199,263 SOL Worth $19.4 Million

On May 12, the Sui Network ecosystem welcomed a new expansion of real-world asset (RWA) applications as Creek Finance announced the launch of its core protocol on the Sui mainnet, integrating the gold token XAUm developed by Matrixdock. This protocol allows users to split, collateralize, lend, trade, and generate yields on tokenized physical gold on-chain, enabling DeFi operations centered around gold assets. XAUm is backed 1:1 by physical gold and is verified through third-party audits and on-chain reserve proof mechanisms. Creek Finance stated that this launch marks the official deployment of its core contracts, allowing users to engage in leveraged and yield strategy operations based on gold assets in a permissionless environment, further expanding the application scenarios of RWA in DeFi.

[Sui Launches New Gold RWA DeFi Application for On-Chain Lending and Yield Generation]On May 12, the Sui Network ecosystem welcomed a new expansion of real-world asset (RWA) applications as Creek Finance announced the launch of its core protocol on the Sui mainnet, integrating the gold token XAUm developed by Matrixdock. This protocol allows users to split, collateralize, lend, trade, and generate yields on tokenized physical gold on-chain, enabling DeFi operations centered around gold assets. XAUm is backed 1:1 by physical gold and is verified through third-party audits and on-chain reserve proof mechanisms. Creek Finance stated that this launch marks the official deployment of its core contracts, allowing users to engage in leveraged and yield strategy operations based on gold assets in a permissionless environment, further expanding the application scenarios of RWA in DeFi.

Sui Launches New Gold RWA DeFi Application for On-Chain Lending and Yield Generation

According to coindesk, Citi (C) said in a research note on Thursday that the planned merger of the Ether blockchain, upgrading it from a proof-of-work (PoW) system to a more environmentally friendly proof-of-stake (PoS) mechanism, will have a number of implications. These include a reduction in energy intensity, a transition to deflationary assets and "a potential roadmap to a more scalable future through sharding". Merge is the first of five planned upgrades to the network, which may only increase transaction speeds by 10 per cent by reducing block times, according to the report. However, it paves the way for "Surge", the next planned upgrade to the network, which promises to bring 100,000 transactions per second (TPS) capacity to the blockchain. Citi says the switch from PoW will reduce overall issuance by 4.2% per year, and could improve the token as a store of value as ETH eventually becomes deflationary.

Detail

【Citi: Ether's merger will have multiple impacts on blockchain】According to coindesk, Citi (C) said in a research note on Thursday that the planned merger of the Ether blockchain, upgrading it from a proof-of-work (PoW) system to a more environmentally friendly proof-of-stake (PoS) mechanism, will have a number of implications. These include a reduction in energy intensity, a transition to deflationary assets and "a potential roadmap to a more scalable future through sharding". Merge is the first of five planned upgrades to the network, which may only increase transaction speeds by 10 per cent by reducing block times, according to the report. However, it paves the way for "Surge", the next planned upgrade to the network, which promises to bring 100,000 transactions per second (TPS) capacity to the blockchain. Citi says the switch from PoW will reduce overall issuance by 4.2% per year, and could improve the token as a store of value as ETH eventually becomes deflationary.

Citi: Ether's merger will have multiple impacts on blockchain

Top Ethereum Holder Makes Bold Move Says ETH Is Close to Generational Run, Here’s When

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Article

Whale Goes Long on Micron Technology, Floating Profit Reaches $4.5 Million

Citi: Ether's merger will have multiple impacts on blockchain

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

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