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On May 12, Rezaei, spokesperson for the Iranian Parliament's National Security Committee, stated that if the United States launches new attacks, Tehran may enrich uranium to 90%. The parliament will discuss this option.

[Iran: Tehran May Enrich Uranium to 90% if the U.S. Launches New Attacks]On May 12, Rezaei, spokesperson for the Iranian Parliament's National Security Committee, stated that if the United States launches new attacks, Tehran may enrich uranium to 90%. The parliament will discuss this option.

Iran: Tehran May Enrich Uranium to 90% if the U.S. Launches New Attacks

On May 12, the South Korean stock market opened high but closed lower, with the KOSPI index dropping 2.28% to 7644.03 points on Tuesday. The KOSPI index briefly approached 8000 points during the session before falling sharply. Major stocks such as SK Hynix fell by 2.4%, and Samsung Electronics dropped by 2.3%. In news, the Financial Supervisory Service of South Korea recently expressed concerns over signs of overheating in the stock market and the expansion of margin trading balances, emphasizing the need to be cautious about excessive leveraged investments. Additionally, the head of the policy office at the South Korean presidential office suggested that the government should consider using tax revenues from excess profits generated by AI to provide 'dividends' to all citizens.

[KOSPI Index Opens High but Closes Down 2.28%]On May 12, the South Korean stock market opened high but closed lower, with the KOSPI index dropping 2.28% to 7644.03 points on Tuesday. The KOSPI index briefly approached 8000 points during the session before falling sharply. Major stocks such as SK Hynix fell by 2.4%, and Samsung Electronics dropped by 2.3%. In news, the Financial Supervisory Service of South Korea recently expressed concerns over signs of overheating in the stock market and the expansion of margin trading balances, emphasizing the need to be cautious about excessive leveraged investments. Additionally, the head of the policy office at the South Korean presidential office suggested that the government should consider using tax revenues from excess profits generated by AI to provide 'dividends' to all citizens.

KOSPI Index Opens High but Closes Down 2.28%

On May 12, current pricing in the money market indicates that the European Central Bank is expected to raise interest rates three times this year. (Jin Shi)

[Current Pricing in the Money Market Indicates ECB Expected to Raise Rates Three Times This Year]On May 12, current pricing in the money market indicates that the European Central Bank is expected to raise interest rates three times this year. (Jin Shi)

Current Pricing in the Money Market Indicates ECB Expected to Raise Rates Three Times This Year

On May 12, gold prices fell on Tuesday as the market weighed developments in the Middle East and interest rate expectations ahead of key US inflation data. Spot gold dropped below $4,700 per ounce, down 0.74% for the day. Hopes for a peace agreement between the US and Iran have gradually faded as Iran rejected a US proposal to end the conflict and insisted on a list of demands described as 'garbage' by President Trump. Ilya Spivak, Head of Global Macro Research at Tastylive, stated, 'We have seen many central bank policy expectations shift to a more hawkish stance, which for the Federal Reserve means that the possibility of any rate cuts this year has disappeared.' He added, 'We are closely monitoring the potential impact of the US CPI data and whether there is stronger inflation momentum than expected.' Rising crude oil prices could push inflation higher, thereby increasing the likelihood of interest rate hikes.

[Gold Prices Decline as Market Assesses Middle East Situation and Awaits US Inflation Data]On May 12, gold prices fell on Tuesday as the market weighed developments in the Middle East and interest rate expectations ahead of key US inflation data. Spot gold dropped below $4,700 per ounce, down 0.74% for the day. Hopes for a peace agreement between the US and Iran have gradually faded as Iran rejected a US proposal to end the conflict and insisted on a list of demands described as 'garbage' by President Trump. Ilya Spivak, Head of Global Macro Research at Tastylive, stated, 'We have seen many central bank policy expectations shift to a more hawkish stance, which for the Federal Reserve means that the possibility of any rate cuts this year has disappeared.' He added, 'We are closely monitoring the potential impact of the US CPI data and whether there is stronger inflation momentum than expected.' Rising crude oil prices could push inflation higher, thereby increasing the likelihood of interest rate hikes.

Gold Prices Decline as Market Assesses Middle East Situation and Awaits US Inflation Data

On May 12, news emerged that the UK-listed company The Smarter Web Company announced an additional purchase of 25 bitcoins as part of its 'Decade Plan'. The company's total bitcoin holdings have now reached 2,830.

[The Smarter Web Company Increases Bitcoin Holdings by 25, Total Holdings Reach 2,830]On May 12, news emerged that the UK-listed company The Smarter Web Company announced an additional purchase of 25 bitcoins as part of its 'Decade Plan'. The company's total bitcoin holdings have now reached 2,830.

The Smarter Web Company Increases Bitcoin Holdings by 25, Total Holdings Reach 2,830

On May 12, Kim Yong-beom, the head of the presidential policy office, stated that the government should utilize taxes collected from AI profits to pay 'dividends' to citizens. Following this announcement, South Korea's Kospi index plunged by 5.1% at one point, but the decline moderated after Kim clarified that he intended to use 'excess tax revenue' generated from AI prosperity, rather than impose a new windfall tax on corporate profits. Shares of Samsung and SK Hynix initially fell but later recovered most of their losses. Jung In Yun, CEO of Fibonacci Global Asset Management, commented that Kim's remarks 'indicate that the South Korean government increasingly views AI as a national infrastructure, rather than just another technological trend. This is positive for South Korea's AI supply, particularly for companies related to semiconductors, power equipment, and domestic AI platforms.'

[South Korean Presidential Policy Chief Proposes AI Tax to Distribute Funds to Citizens, Causing Temporary Stock Market Drop]On May 12, Kim Yong-beom, the head of the presidential policy office, stated that the government should utilize taxes collected from AI profits to pay 'dividends' to citizens. Following this announcement, South Korea's Kospi index plunged by 5.1% at one point, but the decline moderated after Kim clarified that he intended to use 'excess tax revenue' generated from AI prosperity, rather than impose a new windfall tax on corporate profits. Shares of Samsung and SK Hynix initially fell but later recovered most of their losses. Jung In Yun, CEO of Fibonacci Global Asset Management, commented that Kim's remarks 'indicate that the South Korean government increasingly views AI as a national infrastructure, rather than just another technological trend. This is positive for South Korea's AI supply, particularly for companies related to semiconductors, power equipment, and domestic AI platforms.'

South Korean Presidential Policy Chief Proposes AI Tax to Distribute Funds to Citizens, Causing Temporary Stock Market Drop

On May 12, it was reported that the USD/JPY exchange rate experienced a short-term drop of nearly 100 points, reaching a low of 156.75, with the latest quote at 157.06. (Jin Shi)

[USD/JPY Drops Nearly 100 Points in Short-Term]On May 12, it was reported that the USD/JPY exchange rate experienced a short-term drop of nearly 100 points, reaching a low of 156.75, with the latest quote at 157.06. (Jin Shi)

USD/JPY Drops Nearly 100 Points in Short-Term

On May 12, the U.S. Navy's Sixth Fleet announced that an Ohio-class nuclear submarine arrived at Gibraltar, located at the western end of the Mediterranean Sea, on May 10 for a visit. The statement emphasized that the visit aims to "demonstrate America's capabilities, flexibility, and ongoing commitment to NATO allies." It also specifically mentioned that the Ohio-class submarine "is an undetectable platform for launching submarine-launched ballistic missiles, with the highest survivability among the U.S. triad nuclear forces." (Xinhua News Agency)

[US Nuclear Submarine Arrives at Gibraltar in the Mediterranean]On May 12, the U.S. Navy's Sixth Fleet announced that an Ohio-class nuclear submarine arrived at Gibraltar, located at the western end of the Mediterranean Sea, on May 10 for a visit. The statement emphasized that the visit aims to "demonstrate America's capabilities, flexibility, and ongoing commitment to NATO allies." It also specifically mentioned that the Ohio-class submarine "is an undetectable platform for launching submarine-launched ballistic missiles, with the highest survivability among the U.S. triad nuclear forces." (Xinhua News Agency)

US Nuclear Submarine Arrives at Gibraltar in the Mediterranean

On May 12, GoPlus Security tweeted that two more attack incidents occurred within the past 36 hours, resulting in a total loss of $238,000. Among them, Unihax0r suffered a loss of $200,000, having previously uploaded trading bot and Telegram-related materials. The stolen address of Eli5DeFi is linked to a previous large-scale mysterious private key leak involving 574 addresses.

[Two Hacking Incidents in 36 Hours Resulting in Total Loss of Approximately $238,000]On May 12, GoPlus Security tweeted that two more attack incidents occurred within the past 36 hours, resulting in a total loss of $238,000. Among them, Unihax0r suffered a loss of $200,000, having previously uploaded trading bot and Telegram-related materials. The stolen address of Eli5DeFi is linked to a previous large-scale mysterious private key leak involving 574 addresses.

Two Hacking Incidents in 36 Hours Resulting in Total Loss of Approximately $238,000

Perennial, a DeFi derivatives protocol, went live with Arbitrum, which Perennial said supports higher leverage as well as lower costs and faster execution and settlement speeds. As previously reported, Perennial announced the closing of a $12 million funding round led by Polychain Capital and Variant in December 2022.

Detail

【DeFi Protocol Perennial Launches, Announces $12M in Funding】Perennial, a DeFi derivatives protocol, went live with Arbitrum, which Perennial said supports higher leverage as well as lower costs and faster execution and settlement speeds. As previously reported, Perennial announced the closing of a $12 million funding round led by Polychain Capital and Variant in December 2022.

DeFi Protocol Perennial Launches, Announces $12M in Funding

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Article

OSMO Current Price at $0.0886, 24-Hour Increase of 68.32%

DeFi Protocol Perennial Launches, Announces $12M in Funding

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

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