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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

On May 14, the Senate confirmed Kevin Warsh as the Chair of the Federal Reserve by a narrow margin, marking one of the most controversial leadership changes in the Fed's history and posing a challenge to the institution's policy independence. The vote resulted in 54 in favor and 45 against, representing the narrowest margin in the history of Fed Chair confirmations. Since the Senate established confirmation as a requirement for the position in 1977, no Fed Chair has been confirmed with such a slim vote. This reflects the polarized political landscape in Congress, with Democrats concerned that Warsh may yield to President Trump's demands for rapid interest rate cuts. Historically, bipartisan support for Fed nominees has been the norm rather than the exception; Alan Greenspan even received unanimous support in 2000 for his reappointment. Jerome Powell, whose term ends on Friday, received at least 80 votes in each of his Senate confirmations during his tenure. The incoming Chair faces the significant issue of the upcoming midterm elections in less than six months, where the Republican majority, led by Trump, is under scrutiny. It remains uncertain whether he will continue the tradition of the Fed making interest rate decisions free from political pressure. An increasing number of Fed officials believe the central bank should clearly indicate that its next interest rate move could be either a cut or a hike. For Warsh, this means that if he attempts to steer the Fed towards what officials deem unreasonable rate cuts, he will face strong opposition. Warsh has also indicated that he will seek to reduce the Fed's $6.7 trillion balance sheet and argued during his confirmation hearing that rate cuts are fairer than balance sheet expansion, as their benefits are more widely distributed.

[Warsh Elected Fed Chair by Narrowest Margin in History, Uncertainty Remains on Rate Cuts Under Trump]On May 14, the Senate confirmed Kevin Warsh as the Chair of the Federal Reserve by a narrow margin, marking one of the most controversial leadership changes in the Fed's history and posing a challenge to the institution's policy independence. The vote resulted in 54 in favor and 45 against, representing the narrowest margin in the history of Fed Chair confirmations. Since the Senate established confirmation as a requirement for the position in 1977, no Fed Chair has been confirmed with such a slim vote. This reflects the polarized political landscape in Congress, with Democrats concerned that Warsh may yield to President Trump's demands for rapid interest rate cuts. Historically, bipartisan support for Fed nominees has been the norm rather than the exception; Alan Greenspan even received unanimous support in 2000 for his reappointment. Jerome Powell, whose term ends on Friday, received at least 80 votes in each of his Senate confirmations during his tenure. The incoming Chair faces the significant issue of the upcoming midterm elections in less than six months, where the Republican majority, led by Trump, is under scrutiny. It remains uncertain whether he will continue the tradition of the Fed making interest rate decisions free from political pressure. An increasing number of Fed officials believe the central bank should clearly indicate that its next interest rate move could be either a cut or a hike. For Warsh, this means that if he attempts to steer the Fed towards what officials deem unreasonable rate cuts, he will face strong opposition. Warsh has also indicated that he will seek to reduce the Fed's $6.7 trillion balance sheet and argued during his confirmation hearing that rate cuts are fairer than balance sheet expansion, as their benefits are more widely distributed.

Warsh Elected Fed Chair by Narrowest Margin in History, Uncertainty Remains on Rate Cuts Under Trump

On May 14, the U.S. Senate confirmed Kevin Walsh as Chairman of the Federal Reserve with a vote of 54 to 45. The Senate had previously approved Walsh's appointment as a Federal Reserve Governor for a 14-year term on the 12th. Following the approval of his chairmanship on the 13th, Walsh will officially assume office after completing the necessary signing procedures at the White House, succeeding the current Chairman Jerome Powell, whose term ends this Friday, May 15. However, Powell is expected to remain on as a Federal Reserve Governor. This vote marks one of the most significant partisan divides in history: only one Democrat—Senator John Fetterman of Pennsylvania—joined the Republican majority in supporting the confirmation. (Jinshi)

[U.S. Senate Confirms Kevin Walsh as Federal Reserve Chairman]On May 14, the U.S. Senate confirmed Kevin Walsh as Chairman of the Federal Reserve with a vote of 54 to 45. The Senate had previously approved Walsh's appointment as a Federal Reserve Governor for a 14-year term on the 12th. Following the approval of his chairmanship on the 13th, Walsh will officially assume office after completing the necessary signing procedures at the White House, succeeding the current Chairman Jerome Powell, whose term ends this Friday, May 15. However, Powell is expected to remain on as a Federal Reserve Governor. This vote marks one of the most significant partisan divides in history: only one Democrat—Senator John Fetterman of Pennsylvania—joined the Republican majority in supporting the confirmation. (Jinshi)

U.S. Senate Confirms Kevin Walsh as Federal Reserve Chairman

XYO fluctuated by 50.85% within 24 hours, current price $0.005844

【XYO fluctuated over 50% in 24 hours!】XYO fluctuated by 50.85% within 24 hours, current price $0.005844

XYO fluctuated over 50% in 24 hours!

On May 14, AI chip manufacturer Cerebras Systems priced its initial public offering at $185 per share. (Dongxin News)

[AI Chip Maker Cerebras Systems Prices IPO at $185 per Share]On May 14, AI chip manufacturer Cerebras Systems priced its initial public offering at $185 per share. (Dongxin News)

AI Chip Maker Cerebras Systems Prices IPO at $185 per Share

On May 14, the U.S. Senate voted to confirm the nomination of Waller as the Chair of the Federal Reserve.

[U.S. Senate Votes to Confirm Waller as Federal Reserve Chair]On May 14, the U.S. Senate voted to confirm the nomination of Waller as the Chair of the Federal Reserve.

U.S. Senate Votes to Confirm Waller as Federal Reserve Chair

On May 14, according to Onchain Lens monitoring, an Ethereum ICO participant transferred 790 ETH, valued at $1.78 million, after being inactive for over 10.8 years. The participant had initially invested only $246, achieving a return on investment of 7,243 times.

[Ethereum ICO Participant Transfers 790 ETH Worth $1.78 Million After 10.8 Years of Inactivity]On May 14, according to Onchain Lens monitoring, an Ethereum ICO participant transferred 790 ETH, valued at $1.78 million, after being inactive for over 10.8 years. The participant had initially invested only $246, achieving a return on investment of 7,243 times.

Ethereum ICO Participant Transfers 790 ETH Worth $1.78 Million After 10.8 Years of Inactivity

1. Aston Martin's NFT racing game, on sale from 19th December.
2. Porsche NFT website updated with project details, will open for registration on 20 December.
3. Multiple U.S. Senators demand Silvergate turn in records with FTX.Respond to lawmakers by Dec. 19.
4. Gary Harmon, who stole 713 bitcoins from a US government wallet, will plead guilty in federal court in Washington next week, with a plea deal hearing on 22 December.
5. The Bank of England is calling for bids for the "CBDC Sample Wallet Proof of Concept" project, with applications due on December 23rd.
6. Cartan Group launches proposal to extend ApeCoin DAO contract for 12 months, voting will end on 22 December.
7. Aptos eco-NFT project Lemur Lounge will go live on Souffl3 Launchpad on 22 December.

Detail

【Huobi Next Week's Highlights】1. Aston Martin's NFT racing game, on sale from 19th December.
2. Porsche NFT website updated with project details, will open for registration on 20 December.
3. Multiple U.S. Senators demand Silvergate turn in records with FTX.Respond to lawmakers by Dec. 19.
4. Gary Harmon, who stole 713 bitcoins from a US government wallet, will plead guilty in federal court in Washington next week, with a plea deal hearing on 22 December.
5. The Bank of England is calling for bids for the "CBDC Sample Wallet Proof of Concept" project, with applications due on December 23rd.
6. Cartan Group launches proposal to extend ApeCoin DAO contract for 12 months, voting will end on 22 December.
7. Aptos eco-NFT project Lemur Lounge will go live on Souffl3 Launchpad on 22 December.

Huobi Next Week's Highlights

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Article

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ETH Surpasses $2300

Huobi Next Week's Highlights

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