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On May 13, Alibaba's pre-market decline in U.S. stocks expanded to 2.6% following the release of its Q4 financial report.

[Alibaba's Pre-Market Decline Expands to 2.6%]On May 13, Alibaba's pre-market decline in U.S. stocks expanded to 2.6% following the release of its Q4 financial report.

Alibaba's Pre-Market Decline Expands to 2.6%

On May 13, the MGBX platform will launch the '522 Pizza Festival and Team Championship' from May 20 to June 9, 2026 (SGT), open to all MGBX users. Participants can engage in contract trading, team leaderboard competitions, elite contract rankings, and pizza blind box rewards, with a total prize pool exceeding 1,000,000 USDT. The team leaderboard prize pool is 200,000 USDT, with a maximum cash reward of 35,000 USDT. Eligible KOLs and partners can form teams to compete for leaderboard rewards. The first 50 team captains who meet specified trading volume conditions will receive an additional 1,000 USDT cash reward. The registration deadline is May 20, 2026, at 23:59 (SGT), or until spots are filled.

[MGBX 522 Pizza Festival and Team Championship with Total Prize Pool of 1 Million USDT]On May 13, the MGBX platform will launch the '522 Pizza Festival and Team Championship' from May 20 to June 9, 2026 (SGT), open to all MGBX users. Participants can engage in contract trading, team leaderboard competitions, elite contract rankings, and pizza blind box rewards, with a total prize pool exceeding 1,000,000 USDT. The team leaderboard prize pool is 200,000 USDT, with a maximum cash reward of 35,000 USDT. Eligible KOLs and partners can form teams to compete for leaderboard rewards. The first 50 team captains who meet specified trading volume conditions will receive an additional 1,000 USDT cash reward. The registration deadline is May 20, 2026, at 23:59 (SGT), or until spots are filled.

MGBX 522 Pizza Festival and Team Championship with Total Prize Pool of 1 Million USDT

On May 13, at Tencent's shareholder meeting, Chairman and CEO Pony Ma stated that Tencent's early foundational capabilities in AI were not outstanding. In recent years, the company has been continuously addressing its shortcomings through talent development, team management, and internal training, and is now gradually getting on the right track for development. In response to external doubts about whether Tencent's AI is lagging behind, Ma provided his most candid response to date. He said, 'A year ago, we thought we were on the ship, but later found that the ship was leaking. Now we feel like we are standing on it, but we can't sit down yet. We hope the ship can go a bit faster.' Ma also emphasized that Tencent may not be the fastest in seizing opportunities in the industry, but it is committed to following the right path and steadily leveraging its unique advantages. 'We can't just look at others and casually jump in to take their territory. We have done that in the past, but it mostly ended in failure.'

[Pony Ma Responds to Concerns About Tencent's AI Lag: 'We Thought We Were on the Ship, Only to Find It Leaking']On May 13, at Tencent's shareholder meeting, Chairman and CEO Pony Ma stated that Tencent's early foundational capabilities in AI were not outstanding. In recent years, the company has been continuously addressing its shortcomings through talent development, team management, and internal training, and is now gradually getting on the right track for development. In response to external doubts about whether Tencent's AI is lagging behind, Ma provided his most candid response to date. He said, 'A year ago, we thought we were on the ship, but later found that the ship was leaking. Now we feel like we are standing on it, but we can't sit down yet. We hope the ship can go a bit faster.' Ma also emphasized that Tencent may not be the fastest in seizing opportunities in the industry, but it is committed to following the right path and steadily leveraging its unique advantages. 'We can't just look at others and casually jump in to take their territory. We have done that in the past, but it mostly ended in failure.'

Pony Ma Responds to Concerns About Tencent's AI Lag: 'We Thought We Were on the Ship, Only to Find It Leaking'

On May 13, on-chain analyst Ai Yi (@ai_9684xtpa) reported that the address 0xcf6…6eb24 has made a profit of $1.15 million from a long position in INTC (Intel), making it the top account for floating profits in the Hyperliquid token. This address has a total position of $7.65 million, all in long positions, which include three U.S. stock tokens (Micron MU/Intel INTC/Nvidia NVDA) and three cryptocurrency tokens (ONDO/XPL/CHIP), with a total floating profit of $2.652 million.

[Address Profits $1.15 Million from Long Position in Intel, Total Account Profit Reaches $2.652 Million]On May 13, on-chain analyst Ai Yi (@ai_9684xtpa) reported that the address 0xcf6…6eb24 has made a profit of $1.15 million from a long position in INTC (Intel), making it the top account for floating profits in the Hyperliquid token. This address has a total position of $7.65 million, all in long positions, which include three U.S. stock tokens (Micron MU/Intel INTC/Nvidia NVDA) and three cryptocurrency tokens (ONDO/XPL/CHIP), with a total floating profit of $2.652 million.

Address Profits $1.15 Million from Long Position in Intel, Total Account Profit Reaches $2.652 Million

On May 13, Alibaba (09988.HK) reported that for the quarter ending March 31, 2026, the Cloud Intelligence Group's revenue was RMB 41.626 billion (USD 6.035 billion), marking a 38% year-over-year increase, with external commercialization revenue accelerating to a 40% year-over-year growth. This growth momentum was primarily driven by the increase in public cloud business revenue, which includes a rise in the adoption of AI-related products. In this quarter, revenue from AI-related products remained strong at RMB 8.971 billion, achieving triple-digit year-over-year growth for the eleventh consecutive quarter.

[Alibaba: AI-Related Product Revenue Achieves 11th Consecutive Quarter of Triple-Digit Year-Over-Year Growth]On May 13, Alibaba (09988.HK) reported that for the quarter ending March 31, 2026, the Cloud Intelligence Group's revenue was RMB 41.626 billion (USD 6.035 billion), marking a 38% year-over-year increase, with external commercialization revenue accelerating to a 40% year-over-year growth. This growth momentum was primarily driven by the increase in public cloud business revenue, which includes a rise in the adoption of AI-related products. In this quarter, revenue from AI-related products remained strong at RMB 8.971 billion, achieving triple-digit year-over-year growth for the eleventh consecutive quarter.

Alibaba: AI-Related Product Revenue Achieves 11th Consecutive Quarter of Triple-Digit Year-Over-Year Growth

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%!

Kazakhstan is ready to legalize a mechanism for converting cryptocurrencies to cash if there is demand, said President Kassym-Jomart Tokayev, per local news agency Informburo on Sept. 28.
Speaking at the international forum Digital Bridge 2022, Tokayev emphasized that Kazakhstan aims to become an international leader in the field of digital technology, cryptocurrency ecosystem and regulated mining. He noted that the government of Kazakhstan has drafted amendments in national law to pilot a mechanism for converting crypto at the Astana International Financial Centre.
“We are ready to go further. If this financial instrument shows its further relevance and security, it will certainly receive full legal recognition,” Tokayev stated.
According to local reports, the Eurasian Bank announced that it completed the bank’s first regulated crypto purchase for fiat. The precedent has marked a major milestone in Kazakhstan’s crypto adoption, allowing the Kazakh people to legally buy crypto for the national currency tenge.

Detail

【Kazakhstan ready to legalize crypto】Kazakhstan is ready to legalize a mechanism for converting cryptocurrencies to cash if there is demand, said President Kassym-Jomart Tokayev, per local news agency Informburo on Sept. 28.
Speaking at the international forum Digital Bridge 2022, Tokayev emphasized that Kazakhstan aims to become an international leader in the field of digital technology, cryptocurrency ecosystem and regulated mining. He noted that the government of Kazakhstan has drafted amendments in national law to pilot a mechanism for converting crypto at the Astana International Financial Centre.
“We are ready to go further. If this financial instrument shows its further relevance and security, it will certainly receive full legal recognition,” Tokayev stated.
According to local reports, the Eurasian Bank announced that it completed the bank’s first regulated crypto purchase for fiat. The precedent has marked a major milestone in Kazakhstan’s crypto adoption, allowing the Kazakh people to legally buy crypto for the national currency tenge.

Kazakhstan ready to legalize crypto

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