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On May 11, SoftBank CEO Masayoshi Son is considering making a billion-dollar investment.

[SoftBank CEO Masayoshi Son Considering Billion-Dollar Investment]On May 11, SoftBank CEO Masayoshi Son is considering making a billion-dollar investment.

SoftBank CEO Masayoshi Son Considering Billion-Dollar Investment

On May 11, according to Whale Alert, Tether Treasury has just minted 1,000,000,000 USDT on the Tron blockchain.

[Tether Issues 1 Billion USDT on Tron Blockchain]On May 11, according to Whale Alert, Tether Treasury has just minted 1,000,000,000 USDT on the Tron blockchain.

Tether Issues 1 Billion USDT on Tron Blockchain

On May 11, Sharplink announced its Q1 2026 financial report. As of now, the company's ETH reserves have reached 872,984 coins, with total staking rewards increasing to 18,800 ETH, and it continues to expand its on-chain deployment and ETH yield strategies. The financial report shows that Sharplink's Q1 revenue has significantly increased to $12.1 million year-on-year, compared to just $700,000 in the same period of 2025, primarily benefiting from its actively managed ETH treasury strategy. The company's SG&A expenses were $9.9 million, up from $1.1 million in the same period last year, mainly used for expanding institutional-grade ETH asset management infrastructure, talent, and system development. The company reported a net loss of $685.6 million in Q1, primarily due to unrealized losses and impairments from ETH market fluctuations. This includes an unrealized loss of approximately $506.7 million on ETH; an impairment of about $191.7 million on LsETH; and realized gains of about $12 million from operations such as ETH and LsETH conversions. Sharplink emphasized that these losses are mainly due to accounting treatment under U.S. GAAP and do not represent actual sales of ETH or permanent economic losses, nor do they reduce the amount of ETH held by the company. Sharplink CEO Joseph Chalom stated that the company has expanded from basic ETH staking to broader on-chain yield opportunities and will deploy ETH capital into institutional-grade DeFi yield strategies through the Galaxy Sharplink Onchain Yield Fund launched in collaboration with Galaxy.

[Sharplink Q1 Revenue Rises to $12.1 Million, ETH Reserves Reach 872,984]On May 11, Sharplink announced its Q1 2026 financial report. As of now, the company's ETH reserves have reached 872,984 coins, with total staking rewards increasing to 18,800 ETH, and it continues to expand its on-chain deployment and ETH yield strategies. The financial report shows that Sharplink's Q1 revenue has significantly increased to $12.1 million year-on-year, compared to just $700,000 in the same period of 2025, primarily benefiting from its actively managed ETH treasury strategy. The company's SG&A expenses were $9.9 million, up from $1.1 million in the same period last year, mainly used for expanding institutional-grade ETH asset management infrastructure, talent, and system development. The company reported a net loss of $685.6 million in Q1, primarily due to unrealized losses and impairments from ETH market fluctuations. This includes an unrealized loss of approximately $506.7 million on ETH; an impairment of about $191.7 million on LsETH; and realized gains of about $12 million from operations such as ETH and LsETH conversions. Sharplink emphasized that these losses are mainly due to accounting treatment under U.S. GAAP and do not represent actual sales of ETH or permanent economic losses, nor do they reduce the amount of ETH held by the company. Sharplink CEO Joseph Chalom stated that the company has expanded from basic ETH staking to broader on-chain yield opportunities and will deploy ETH capital into institutional-grade DeFi yield strategies through the Galaxy Sharplink Onchain Yield Fund launched in collaboration with Galaxy.

Sharplink Q1 Revenue Rises to $12.1 Million, ETH Reserves Reach 872,984

On May 11, the gaming blockchain Ronin announced that it will officially migrate from an independent sidechain to Ethereum Layer 2 on May 12 through a hard fork. The network is expected to be down for about 10 hours during which all transfers, swaps, smart contract interactions, and blockchain game operations will be suspended. Ronin stated that this migration will utilize the OP Stack and introduce a new 'Proof of Distribution' model, incentivizing developers based on their actual contributions to the network rather than traditional passive staking. The team claims that this mechanism will significantly reduce the RON inflation rate from over 20% to below 1%. Additionally, after the migration, Ronin will inherit the security of the Ethereum mainnet while maintaining high throughput and reducing scaling costs with EigenDA. The originally planned 90 million RON for staking rewards will be transferred to the treasury, and market transaction fees will increase from 0.5% to 1.25%. Ronin previously experienced the largest DeFi cross-chain bridge attack in the history of the crypto industry in 2022, resulting in a loss of approximately $625 million. The team stated that this return to the Ethereum ecosystem is also aimed at further strengthening bridging infrastructure and overall security.

[Ronin to Transition to Ethereum Layer 2 on May 12, RON Inflation Rate Expected to Drop Below 1%]On May 11, the gaming blockchain Ronin announced that it will officially migrate from an independent sidechain to Ethereum Layer 2 on May 12 through a hard fork. The network is expected to be down for about 10 hours during which all transfers, swaps, smart contract interactions, and blockchain game operations will be suspended. Ronin stated that this migration will utilize the OP Stack and introduce a new 'Proof of Distribution' model, incentivizing developers based on their actual contributions to the network rather than traditional passive staking. The team claims that this mechanism will significantly reduce the RON inflation rate from over 20% to below 1%. Additionally, after the migration, Ronin will inherit the security of the Ethereum mainnet while maintaining high throughput and reducing scaling costs with EigenDA. The originally planned 90 million RON for staking rewards will be transferred to the treasury, and market transaction fees will increase from 0.5% to 1.25%. Ronin previously experienced the largest DeFi cross-chain bridge attack in the history of the crypto industry in 2022, resulting in a loss of approximately $625 million. The team stated that this return to the Ethereum ecosystem is also aimed at further strengthening bridging infrastructure and overall security.

Ronin to Transition to Ethereum Layer 2 on May 12, RON Inflation Rate Expected to Drop Below 1%

On May 11, Galaxy will collaborate with Ethereum reserve company Sharplink to launch a $125 million DeFi yield fund named 'Galaxy Sharplink Onchain Yield Fund.' Sharplink will contribute $100 million from its ETH reserves, while Galaxy will invest $25 million, with Galaxy serving as the exclusive manager of the fund, responsible for protocol selection, position management, and risk control. The fund is expected to officially launch in the coming weeks. Reports indicate that Sharplink currently holds approximately $2.1 billion in ETH reserves, all of which are staked and deployed in protocols such as Linea, Ether.fi, and Liquid Collective to generate yields, accumulating around $44.6 million in returns since June 2025. Sharplink CEO Joseph Chalom stated that relying solely on ETH staking for an annual yield of about 2.5% to 3.5% is no longer sufficient to meet demand, and the company plans to further explore higher-yield strategies in DeFi lending and liquidity provision, aiming for an annual return exceeding 10%.

[Galaxy and Sharplink to Launch $125 Million DeFi Yield Fund Focusing on On-Chain Lending and Liquidity Strategies]On May 11, Galaxy will collaborate with Ethereum reserve company Sharplink to launch a $125 million DeFi yield fund named 'Galaxy Sharplink Onchain Yield Fund.' Sharplink will contribute $100 million from its ETH reserves, while Galaxy will invest $25 million, with Galaxy serving as the exclusive manager of the fund, responsible for protocol selection, position management, and risk control. The fund is expected to officially launch in the coming weeks. Reports indicate that Sharplink currently holds approximately $2.1 billion in ETH reserves, all of which are staked and deployed in protocols such as Linea, Ether.fi, and Liquid Collective to generate yields, accumulating around $44.6 million in returns since June 2025. Sharplink CEO Joseph Chalom stated that relying solely on ETH staking for an annual yield of about 2.5% to 3.5% is no longer sufficient to meet demand, and the company plans to further explore higher-yield strategies in DeFi lending and liquidity provision, aiming for an annual return exceeding 10%.

Galaxy and Sharplink to Launch $125 Million DeFi Yield Fund Focusing on On-Chain Lending and Liquidity Strategies

On May 11, Ronin, the blockchain behind Axie Infinity, will migrate from an independent sidechain to an Ethereum Layer 2 network via a hard fork on May 12. This transition is expected to result in approximately 10 hours of network downtime, during which all transfers, swaps, contract interactions, and on-chain gaming activities will be paused. The upgrade will introduce the OP Stack architecture and a 'Proof of Distribution' allocation model, rewarding builders based on their actual contributions to the network. Additionally, the inflation rate of RON will be significantly reduced from over 20% to less than 1%, and 90 million RON originally allocated for staking rewards will be moved to the treasury fund. Market transaction fees will increase from 0.5% to 1.25% to enhance security, scalability, and reshape the token economy.

[Ronin to Migrate to Ethereum Layer 2 Network on May 12 with 10-Hour Downtime]On May 11, Ronin, the blockchain behind Axie Infinity, will migrate from an independent sidechain to an Ethereum Layer 2 network via a hard fork on May 12. This transition is expected to result in approximately 10 hours of network downtime, during which all transfers, swaps, contract interactions, and on-chain gaming activities will be paused. The upgrade will introduce the OP Stack architecture and a 'Proof of Distribution' allocation model, rewarding builders based on their actual contributions to the network. Additionally, the inflation rate of RON will be significantly reduced from over 20% to less than 1%, and 90 million RON originally allocated for staking rewards will be moved to the treasury fund. Market transaction fees will increase from 0.5% to 1.25% to enhance security, scalability, and reshape the token economy.

Ronin to Migrate to Ethereum Layer 2 Network on May 12 with 10-Hour Downtime

On May 10, Strategy Executive Chairman Michael Saylor addressed the "selling coins controversy" during his appearance on The Wolf Of All Streets podcast. He acknowledged that the company might indeed sell a portion of its Bitcoin when necessary, but emphasized that this does not equate to reducing its holdings; rather, it is a crucial part of the overall capital strategy. Saylor provided three core reasons: First, if the market and credit rating agencies determine that Strategy will never sell its coins, then the $65 billion in Bitcoin will not be viewed as a true asset, thereby weakening 98% of the company's business foundation. Second, Strategy has billions of dollars in tax credits, and selling Bitcoin with a high cost basis can realize these tax benefits to finance preferred stock dividends. Third, in conjunction with the issuance of preferred stock tools like STRC, for every Bitcoin sold, Strategy can buy back 10, thereby not only maintaining its net position but actually increasing its holdings.

[Michael Saylor Explains Why Selling Bitcoin May Be Necessary]On May 10, Strategy Executive Chairman Michael Saylor addressed the "selling coins controversy" during his appearance on The Wolf Of All Streets podcast. He acknowledged that the company might indeed sell a portion of its Bitcoin when necessary, but emphasized that this does not equate to reducing its holdings; rather, it is a crucial part of the overall capital strategy. Saylor provided three core reasons: First, if the market and credit rating agencies determine that Strategy will never sell its coins, then the $65 billion in Bitcoin will not be viewed as a true asset, thereby weakening 98% of the company's business foundation. Second, Strategy has billions of dollars in tax credits, and selling Bitcoin with a high cost basis can realize these tax benefits to finance preferred stock dividends. Third, in conjunction with the issuance of preferred stock tools like STRC, for every Bitcoin sold, Strategy can buy back 10, thereby not only maintaining its net position but actually increasing its holdings.

Michael Saylor Explains Why Selling Bitcoin May Be Necessary

On May 11, Michael Saylor announced that Strategy purchased an additional 535 bitcoins on May 10, with a total value of approximately $43 million and an average purchase price of about $80,340. Saylor noted that Strategy's BTC yield has reached 9.4% year-to-date in 2026. As of May 10, 2026, Strategy holds a total of 818,869 BTC, with a total acquisition cost of approximately $61.86 billion and an average holding cost of about $75,540.

[Strategy Increases Bitcoin Holdings by 535, Total Holdings Reach 818,869]On May 11, Michael Saylor announced that Strategy purchased an additional 535 bitcoins on May 10, with a total value of approximately $43 million and an average purchase price of about $80,340. Saylor noted that Strategy's BTC yield has reached 9.4% year-to-date in 2026. As of May 10, 2026, Strategy holds a total of 818,869 BTC, with a total acquisition cost of approximately $61.86 billion and an average holding cost of about $75,540.

Strategy Increases Bitcoin Holdings by 535, Total Holdings Reach 818,869

On May 11, Tether launched a developer grant program that will reward developers with USDT or Bitcoin for building localized AI and payment infrastructure. The program has no overall funding cap and rewards are distributed based on technical tasks and deliverables, with current individual bonuses ranging from approximately $1,500 to $4,000. The funding focuses on Tether's open-source technology stack, including wallet infrastructure, browser extensions, and e-commerce integrations, with particular support for its local AI platform QVAC. Tether stated that QVAC can run AI inference directly on devices without relying on cloud servers, thereby reducing latency, costs, and data exposure risks. Additionally, Tether will promote the development of its Wallet Development Kit (WDK) ecosystem. This tool allows developers to directly embed self-custody wallets within applications, enabling local key generation, transaction signing, and asset transfers without relying on custodial services or third-party APIs. Tether CEO Paolo Ardoino noted that much of the current infrastructure still forces developers to depend on centralized platforms and data business models, and Tether aims to fund systems that can 'run locally, hold value directly, and operate without external dependencies' to enter the market.

[Tether Launches Developer Grant Program to Support Local AI and Self-Custody Payment Infrastructure]On May 11, Tether launched a developer grant program that will reward developers with USDT or Bitcoin for building localized AI and payment infrastructure. The program has no overall funding cap and rewards are distributed based on technical tasks and deliverables, with current individual bonuses ranging from approximately $1,500 to $4,000. The funding focuses on Tether's open-source technology stack, including wallet infrastructure, browser extensions, and e-commerce integrations, with particular support for its local AI platform QVAC. Tether stated that QVAC can run AI inference directly on devices without relying on cloud servers, thereby reducing latency, costs, and data exposure risks. Additionally, Tether will promote the development of its Wallet Development Kit (WDK) ecosystem. This tool allows developers to directly embed self-custody wallets within applications, enabling local key generation, transaction signing, and asset transfers without relying on custodial services or third-party APIs. Tether CEO Paolo Ardoino noted that much of the current infrastructure still forces developers to depend on centralized platforms and data business models, and Tether aims to fund systems that can 'run locally, hold value directly, and operate without external dependencies' to enter the market.

Tether Launches Developer Grant Program to Support Local AI and Self-Custody Payment Infrastructure

According to The Block, the developers of Layer 1 blockchain Secret Network said they resolved a security issue flagged by researchers who highlighted a vulnerability posed by Intel hardware the network used to enable privacy-preserving smart contracts. Secret’s promised privacy apps may have been compromised due to a vulnerability in certain Intel SGX chips called xAPIC or ÆPIC Leak.

Detail

【Secret Network says it resolved risk from Intel hardware vulnerability】According to The Block, the developers of Layer 1 blockchain Secret Network said they resolved a security issue flagged by researchers who highlighted a vulnerability posed by Intel hardware the network used to enable privacy-preserving smart contracts. Secret’s promised privacy apps may have been compromised due to a vulnerability in certain Intel SGX chips called xAPIC or ÆPIC Leak.

Secret Network says it resolved risk from Intel hardware vulnerability

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bill soared to 0.152352 USDT, a new high with a 24-hour increase of 15.38%. It currently trades at 0.124168 USDT on HTX.

Secret Network says it resolved risk from Intel hardware vulnerability

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