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On May 14, Metaplanet CEO Simon Gerovich announced that the company has postponed its plans to list Mars and Mercury preferred stocks due to the underdeveloped nature of the Japanese preferred stock market and restrictions imposed by exchange rules. He stated that Japanese exchanges require preferred stock dividends to be supported by sustainable and recurring cash flows, while Metaplanet still needs to demonstrate that its Bitcoin revenue business can generate stable returns under different market conditions. Additionally, the company plans to pay dividends monthly, but the Japanese market typically operates on an annual or semi-annual dividend schedule, and the necessary infrastructure is still being developed. Metaplanet currently holds 40,177 BTC, and its stock price has dropped 25% year-to-date.

[Metaplanet Delays Preferred Stock Listing Due to Japanese Market Structure Issues]On May 14, Metaplanet CEO Simon Gerovich announced that the company has postponed its plans to list Mars and Mercury preferred stocks due to the underdeveloped nature of the Japanese preferred stock market and restrictions imposed by exchange rules. He stated that Japanese exchanges require preferred stock dividends to be supported by sustainable and recurring cash flows, while Metaplanet still needs to demonstrate that its Bitcoin revenue business can generate stable returns under different market conditions. Additionally, the company plans to pay dividends monthly, but the Japanese market typically operates on an annual or semi-annual dividend schedule, and the necessary infrastructure is still being developed. Metaplanet currently holds 40,177 BTC, and its stock price has dropped 25% year-to-date.

Metaplanet Delays Preferred Stock Listing Due to Japanese Market Structure Issues

On May 14, the TAC team announced that its cross-chain layer on the TON side was exploited by external attackers, resulting in losses of approximately $2.8 million, involving USDT, BLUM, and tsTON. TAC, TON, and all ERC-20 tokens bridged from Ethereum are unaffected. The bridging service remains suspended, and forensic analysis and repairs are underway, with a full report containing more details to be released within the next 48 hours. The team is actively collaborating with law enforcement, SEAL 911, and security partners to trace and freeze the stolen funds. The team stated that its core focus is to sell the foundation's TAC token reserves in a legitimate structured manner to compensate users for their losses and fully restore bridging liquidity. Official channels will continue to update on progress.

[Cross-Chain Bridge TAC Suffers External Attack, Losses Estimated at $2.8 Million; Foundation Plans to Sell Reserve Tokens to Compensate Users]On May 14, the TAC team announced that its cross-chain layer on the TON side was exploited by external attackers, resulting in losses of approximately $2.8 million, involving USDT, BLUM, and tsTON. TAC, TON, and all ERC-20 tokens bridged from Ethereum are unaffected. The bridging service remains suspended, and forensic analysis and repairs are underway, with a full report containing more details to be released within the next 48 hours. The team is actively collaborating with law enforcement, SEAL 911, and security partners to trace and freeze the stolen funds. The team stated that its core focus is to sell the foundation's TAC token reserves in a legitimate structured manner to compensate users for their losses and fully restore bridging liquidity. Official channels will continue to update on progress.

Cross-Chain Bridge TAC Suffers External Attack, Losses Estimated at $2.8 Million; Foundation Plans to Sell Reserve Tokens to Compensate Users

On May 14, the Federal Reserve announced on Wednesday that it will purchase approximately $10 billion in Treasury bills during this period. This move reflects a further slowdown of the program aimed at lowering short-term financing costs by supplementing reserves in the financial system. According to the New York Fed's official website, its Open Market Trading Desk plans to conduct the aforementioned Reserve Management Purchases (RMP) during the monthly period ending June 11, along with approximately $16.3 billion in reinvestment purchases during the same period. The Federal Reserve unexpectedly halted the reduction of its balance sheet, known as quantitative tightening, at the end of 2025, and instead began injecting liquidity back into the financial system by purchasing Treasury bills maturing within one year. (Dongxin News Agency)

[Federal Reserve Significantly Reduces Treasury Bill Purchases Again]On May 14, the Federal Reserve announced on Wednesday that it will purchase approximately $10 billion in Treasury bills during this period. This move reflects a further slowdown of the program aimed at lowering short-term financing costs by supplementing reserves in the financial system. According to the New York Fed's official website, its Open Market Trading Desk plans to conduct the aforementioned Reserve Management Purchases (RMP) during the monthly period ending June 11, along with approximately $16.3 billion in reinvestment purchases during the same period. The Federal Reserve unexpectedly halted the reduction of its balance sheet, known as quantitative tightening, at the end of 2025, and instead began injecting liquidity back into the financial system by purchasing Treasury bills maturing within one year. (Dongxin News Agency)

Federal Reserve Significantly Reduces Treasury Bill Purchases Again

On May 14, the South Korean KOSPI index opened up 33.41 points, an increase of 0.43%, reaching 7877.42 points. The Nikkei 225 index opened up 172.68 points, an increase of 0.27%, reaching 63444.79 points. (Dongxin News Agency)

[Japanese and South Korean Stock Markets Open Slightly Higher]On May 14, the South Korean KOSPI index opened up 33.41 points, an increase of 0.43%, reaching 7877.42 points. The Nikkei 225 index opened up 172.68 points, an increase of 0.27%, reaching 63444.79 points. (Dongxin News Agency)

Japanese and South Korean Stock Markets Open Slightly Higher

On May 14, a document revealed that NVIDIA CEO Jensen Huang and his wife Lori's foundation is acquiring computing resources from CoreWeave and donating them to universities and other nonprofit organizations. The document indicates that the value of these donations has reached $108.3 million to date. According to the filings submitted on Tuesday, these computing resources will be used for scientific and artificial intelligence research. NVIDIA stated in the document that it plans to provide free engineering services to some of the recipient organizations. This donation not only highlights Huang's generosity but also reflects NVIDIA's continued support for CoreWeave, a cloud computing company focused on artificial intelligence applications. NVIDIA designed the graphics processing units (GPUs) that CoreWeave provides to its customers. In January of this year, NVIDIA invested $2 billion in CoreWeave, becoming the company's second-largest shareholder at the time.

[NVIDIA CEO Foundation Purchases $108.3 Million in AI Computing Power for Research Institutions]On May 14, a document revealed that NVIDIA CEO Jensen Huang and his wife Lori's foundation is acquiring computing resources from CoreWeave and donating them to universities and other nonprofit organizations. The document indicates that the value of these donations has reached $108.3 million to date. According to the filings submitted on Tuesday, these computing resources will be used for scientific and artificial intelligence research. NVIDIA stated in the document that it plans to provide free engineering services to some of the recipient organizations. This donation not only highlights Huang's generosity but also reflects NVIDIA's continued support for CoreWeave, a cloud computing company focused on artificial intelligence applications. NVIDIA designed the graphics processing units (GPUs) that CoreWeave provides to its customers. In January of this year, NVIDIA invested $2 billion in CoreWeave, becoming the company's second-largest shareholder at the time.

NVIDIA CEO Foundation Purchases $108.3 Million in AI Computing Power for Research Institutions

On May 14, according to Onchain Lens monitoring, a whale deposited $2 million USDC to the HyperLiquid platform while increasing its 7x short position on the S&P 500 index, bringing the total position size to $37.67 million. Currently, the whale is facing an unrealized loss of over $2.19 million, with a liquidation price of $8,104.85.

[Whale Deposits $2 Million USDC to HyperLiquid While Increasing S&P 500 Index 7x Short Position]On May 14, according to Onchain Lens monitoring, a whale deposited $2 million USDC to the HyperLiquid platform while increasing its 7x short position on the S&P 500 index, bringing the total position size to $37.67 million. Currently, the whale is facing an unrealized loss of over $2.19 million, with a liquidation price of $8,104.85.

Whale Deposits $2 Million USDC to HyperLiquid While Increasing S&P 500 Index 7x Short Position

UXLINK fluctuated by 68.42% within 24 hours, current price $0.0032

【UXLINK fluctuated over 50% in 24 hours!】UXLINK fluctuated by 68.42% within 24 hours, current price $0.0032

UXLINK fluctuated over 50% in 24 hours!

On May 14, Coin Bureau reported that Jupiter is collaborating with Bitwise to create an institutional-level USDe lending market within the Solana ecosystem. This isolated market is built on Jupiter Lend and Fluid, allowing users to earn investment returns by depositing USDe while mitigating the risks associated with Jupiter's existing liquidity underpinnings.

[Jupiter Partners with Bitwise to Launch Institutional USDe Lending Market in Solana Ecosystem]On May 14, Coin Bureau reported that Jupiter is collaborating with Bitwise to create an institutional-level USDe lending market within the Solana ecosystem. This isolated market is built on Jupiter Lend and Fluid, allowing users to earn investment returns by depositing USDe while mitigating the risks associated with Jupiter's existing liquidity underpinnings.

Jupiter Partners with Bitwise to Launch Institutional USDe Lending Market in Solana Ecosystem

On May 14, according to official news, the smart contract auditing platform Code4rena announced that it will gradually cease operations, with Web3 security company Immunefi taking over its clients and security researchers. Code4rena posted on social media that it has made the decision to shut down and stated that all ongoing competitions and bounty activities will be completed as scheduled, and existing collaborations will be 'properly concluded.' Immunefi stated that it will assist in migrating Code4rena's bounty projects, reward structures, and researchers to its platform. Code4rena is known for its 'competitive auditing' model, where independent researchers compete to find smart contract vulnerabilities for rewards. This shutdown comes less than two years after blockchain security company Zellic acquired Code4rena in 2024. Previously, Code4rena raised $6 million from Paradigm in 2023 for audit incentives and platform expansion. The shutdown occurs during a challenging time for DeFi protocols and the security sector. Data from DefiLlama shows that over 20 crypto vulnerability incidents occurred in April alone, setting a monthly record. JPMorgan analysts believe that ongoing DeFi security incidents are limiting the entry of major institutional investors. Meanwhile, the total value locked in DeFi has dropped from about $160 billion in October to around $83 billion currently.

[Code4rena Announces Shutdown, Immunefi to Absorb Its Bug Bounty Clients and Researchers]On May 14, according to official news, the smart contract auditing platform Code4rena announced that it will gradually cease operations, with Web3 security company Immunefi taking over its clients and security researchers. Code4rena posted on social media that it has made the decision to shut down and stated that all ongoing competitions and bounty activities will be completed as scheduled, and existing collaborations will be 'properly concluded.' Immunefi stated that it will assist in migrating Code4rena's bounty projects, reward structures, and researchers to its platform. Code4rena is known for its 'competitive auditing' model, where independent researchers compete to find smart contract vulnerabilities for rewards. This shutdown comes less than two years after blockchain security company Zellic acquired Code4rena in 2024. Previously, Code4rena raised $6 million from Paradigm in 2023 for audit incentives and platform expansion. The shutdown occurs during a challenging time for DeFi protocols and the security sector. Data from DefiLlama shows that over 20 crypto vulnerability incidents occurred in April alone, setting a monthly record. JPMorgan analysts believe that ongoing DeFi security incidents are limiting the entry of major institutional investors. Meanwhile, the total value locked in DeFi has dropped from about $160 billion in October to around $83 billion currently.

Code4rena Announces Shutdown, Immunefi to Absorb Its Bug Bounty Clients and Researchers

According to Bloomberg, the crisis engulfing Sam Bankman-Fried’s FTX.com is rapidly worsening, with the onetime crypto wunderkind warning of bankruptcy if his firm can’t secure funds to cover a shortfall of as much as $8 billion.
Bankman-Fried informed investors of the gap on Wednesday, shortly before rival exchange Binance abruptly scrapped a takeover offer. He said FTX.com needed $4 billion to remain solvent and is attempting to raise rescue financing in the form of debt, equity, or a combination of the two.

Detail

【FTX hurtles toward bankruptcy with $8 billion hole, US probe】According to Bloomberg, the crisis engulfing Sam Bankman-Fried’s FTX.com is rapidly worsening, with the onetime crypto wunderkind warning of bankruptcy if his firm can’t secure funds to cover a shortfall of as much as $8 billion.
Bankman-Fried informed investors of the gap on Wednesday, shortly before rival exchange Binance abruptly scrapped a takeover offer. He said FTX.com needed $4 billion to remain solvent and is attempting to raise rescue financing in the form of debt, equity, or a combination of the two.

FTX hurtles toward bankruptcy with $8 billion hole, US probe

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