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UFD fluctuated by 58.87% within 24 hours, current price $0.012489

【UFD's 24-hour fluctuation exceeds 50%!】UFD fluctuated by 58.87% within 24 hours, current price $0.012489

UFD's 24-hour fluctuation exceeds 50%!

On May 13, Iranian Foreign Ministry spokesman Baghaei stated on May 12 local time that ending hostilities and lifting the blockade of the Strait of Hormuz are prerequisites for any negotiations with the United States. Baghaei also mentioned that the US demands Iran's 'complete surrender' rather than genuine dialogue. He further pointed out that the responsibility for the blockade of the Strait of Hormuz lies with the US, noting that according to international law, maritime blockades constitute acts of war. (CCTV News)

[Iran: Preconditions for Negotiations with the US Include Ending Hostilities and Lifting Blockade of the Strait of Hormuz]On May 13, Iranian Foreign Ministry spokesman Baghaei stated on May 12 local time that ending hostilities and lifting the blockade of the Strait of Hormuz are prerequisites for any negotiations with the United States. Baghaei also mentioned that the US demands Iran's 'complete surrender' rather than genuine dialogue. He further pointed out that the responsibility for the blockade of the Strait of Hormuz lies with the US, noting that according to international law, maritime blockades constitute acts of war. (CCTV News)

Iran: Preconditions for Negotiations with the US Include Ending Hostilities and Lifting Blockade of the Strait of Hormuz

On May 13, U.S. stock indices closed mixed, with the Nasdaq down 0.71%, the S&P 500 down 0.16%, and the Dow Jones up 0.11%. The chip and semiconductor equipment sectors in the U.S. saw widespread declines on Tuesday, with the Philadelphia Semiconductor Index falling over 3% and briefly dropping nearly 7% during the session. Qualcomm dropped over 11%, marking its worst single-day performance since March 2020; Intel and SanDisk fell over 6%, Micron Technology dropped more than 3%, and Broadcom, AMD, Applied Materials, and ASML all fell over 2%.

[U.S. Stock Indices Close Mixed as Chip and Semiconductor Equipment Sectors Decline]On May 13, U.S. stock indices closed mixed, with the Nasdaq down 0.71%, the S&P 500 down 0.16%, and the Dow Jones up 0.11%. The chip and semiconductor equipment sectors in the U.S. saw widespread declines on Tuesday, with the Philadelphia Semiconductor Index falling over 3% and briefly dropping nearly 7% during the session. Qualcomm dropped over 11%, marking its worst single-day performance since March 2020; Intel and SanDisk fell over 6%, Micron Technology dropped more than 3%, and Broadcom, AMD, Applied Materials, and ASML all fell over 2%.

U.S. Stock Indices Close Mixed as Chip and Semiconductor Equipment Sectors Decline

On May 13, Bitwise Chief Investment Officer Matt Hougan stated that privacy is becoming a core infrastructure direction for the next phase of the cryptocurrency industry. Recently, three institutional-grade blockchains focused on stablecoins and asset tokenization—Arc, Canton, and Tempo—have collectively raised over $1 billion, indicating a rapid increase in institutional demand for a 'privacy-friendly on-chain financial system.' Among them, stablecoin issuer Circle has raised $222 million for Arc, corresponding to a valuation of approximately $3 billion; Digital Asset's Canton blockchain is reportedly seeking $300 million at a $2 billion valuation; while Tempo, supported by Stripe and Paradigm, has previously completed $500 million in funding, reaching a valuation of $5 billion. Hougan pointed out that this wave of financing reflects three major trends: the gradual clarification of the U.S. regulatory framework, an increased institutional demand for on-chain privacy, and intensified competition among new blockchain networks supported by large enterprises. Current public chains still face structural trade-offs between speed, cost, security, and privacy, while the scenarios of stablecoins and RWA tokenization require systems to possess high performance, compliance, and privacy capabilities simultaneously, making 'verifiable privacy' an important prerequisite for institutional adoption of on-chain finance.

[Bitwise CIO: Privacy May Become the Next 'Killer Application']On May 13, Bitwise Chief Investment Officer Matt Hougan stated that privacy is becoming a core infrastructure direction for the next phase of the cryptocurrency industry. Recently, three institutional-grade blockchains focused on stablecoins and asset tokenization—Arc, Canton, and Tempo—have collectively raised over $1 billion, indicating a rapid increase in institutional demand for a 'privacy-friendly on-chain financial system.' Among them, stablecoin issuer Circle has raised $222 million for Arc, corresponding to a valuation of approximately $3 billion; Digital Asset's Canton blockchain is reportedly seeking $300 million at a $2 billion valuation; while Tempo, supported by Stripe and Paradigm, has previously completed $500 million in funding, reaching a valuation of $5 billion. Hougan pointed out that this wave of financing reflects three major trends: the gradual clarification of the U.S. regulatory framework, an increased institutional demand for on-chain privacy, and intensified competition among new blockchain networks supported by large enterprises. Current public chains still face structural trade-offs between speed, cost, security, and privacy, while the scenarios of stablecoins and RWA tokenization require systems to possess high performance, compliance, and privacy capabilities simultaneously, making 'verifiable privacy' an important prerequisite for institutional adoption of on-chain finance.

Bitwise CIO: Privacy May Become the Next 'Killer Application'

On May 13, Russian President Putin met with the Minister of Economic Development, Reshetnikov, on May 12 local time. Reshetnikov reported on the state of the Russian economy to Putin. He stated that the Russian economy has grown by 10% over the past three years. Reshetnikov pointed out that the current economic situation provides conditions for the central bank to ease monetary policy and emphasized that the economic situation in Russia is stabilizing.

[Russian Minister of Economic Development: 10% Economic Growth Over the Past Three Years]On May 13, Russian President Putin met with the Minister of Economic Development, Reshetnikov, on May 12 local time. Reshetnikov reported on the state of the Russian economy to Putin. He stated that the Russian economy has grown by 10% over the past three years. Reshetnikov pointed out that the current economic situation provides conditions for the central bank to ease monetary policy and emphasized that the economic situation in Russia is stabilizing.

Russian Minister of Economic Development: 10% Economic Growth Over the Past Three Years

On May 13, according to a report by Iran's Fars News Agency citing informed sources, on May 12 local time, Iran proposed five preconditions for a new round of negotiations with the United States, which include: ending all wars on all fronts, particularly in Lebanon; lifting sanctions against Iran; unfreezing Iranian assets; compensating for damages caused by the war; and recognizing Iran's sovereignty over the Strait of Hormuz. The informed source stated that if these conditions are not met, Iran and the U.S. will be unable to enter a new phase of negotiations. (CCTV International News)

[Iran Reveals Five Preconditions for New Round of Talks with the U.S.]On May 13, according to a report by Iran's Fars News Agency citing informed sources, on May 12 local time, Iran proposed five preconditions for a new round of negotiations with the United States, which include: ending all wars on all fronts, particularly in Lebanon; lifting sanctions against Iran; unfreezing Iranian assets; compensating for damages caused by the war; and recognizing Iran's sovereignty over the Strait of Hormuz. The informed source stated that if these conditions are not met, Iran and the U.S. will be unable to enter a new phase of negotiations. (CCTV International News)

Iran Reveals Five Preconditions for New Round of Talks with the U.S.

HTX data monitoring shows that DOGE has broken through 0.11 USDT, currently reported at 0.11 USDT, with a 24H decline of 1.18%.

【DOGE breaks through 0.11 USDT】HTX data monitoring shows that DOGE has broken through 0.11 USDT, currently reported at 0.11 USDT, with a 24H decline of 1.18%.

DOGE breaks through 0.11 USDT

On May 13, Tuesday (May 12), the usage of the Federal Reserve's overnight reverse repurchase agreements (RRP) was $1.199 billion.

[Federal Reserve Overnight Reverse Repo Usage at $1.199 Billion]On May 13, Tuesday (May 12), the usage of the Federal Reserve's overnight reverse repurchase agreements (RRP) was $1.199 billion.

Federal Reserve Overnight Reverse Repo Usage at $1.199 Billion

On May 13, Fed's Goolsbee stated that without central bank independence, inflation would not return to target, and the CPI report indicates 'not much good news'; the trend of inflation is not solely related to factors such as oil and tariffs.

[Fed's Goolsbee: CPI Report Indicates 'Not Much Good News']On May 13, Fed's Goolsbee stated that without central bank independence, inflation would not return to target, and the CPI report indicates 'not much good news'; the trend of inflation is not solely related to factors such as oil and tariffs.

Fed's Goolsbee: CPI Report Indicates 'Not Much Good News'

According to CoinDesk, Kazakhstan is set to test a pilot project for the creation and operation of cryptocurrency exchanges in the Astana International Financial Centre (AIFC).
The AIFC, which was launched in 2018, was designed to develop Kazakhstan's non-banking financial sector and become a financial hub for Central Asia. According to its website, there are 1,046 companies registered there.
The pilot will see crypto exchanges operate in the AIFC in cooperation with the local banks and government agencies.

Detail

【Kazakhstan looks to bring crypto exchanges to AIFC hub】According to CoinDesk, Kazakhstan is set to test a pilot project for the creation and operation of cryptocurrency exchanges in the Astana International Financial Centre (AIFC).
The AIFC, which was launched in 2018, was designed to develop Kazakhstan's non-banking financial sector and become a financial hub for Central Asia. According to its website, there are 1,046 companies registered there.
The pilot will see crypto exchanges operate in the AIFC in cooperation with the local banks and government agencies.

Kazakhstan looks to bring crypto exchanges to AIFC hub

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Article

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Kazakhstan looks to bring crypto exchanges to AIFC hub

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