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On May 1, Kelp announced that it has fulfilled its commitment to donate to the recovery fund. The company stated that as donations from various parties led by Aave for DeFi United are received, the reserve support for rsETH will gradually be restored. Kelp made a one-time donation of 2,000 ETH from its treasury to DeFi United, aiming to restore the nominal exchange rate of rsETH and fully recover the system. The recovery plan for rsETH includes funding for the cross-chain lockbox, restoring oracle functionality, and clearing deficits in affected markets. Kelp expressed gratitude to its partners in the recovery fund, including Mantle, Consensys, Arbitrum, ether.fi, Lido Finance, LayerZero, and Compound, and committed to keeping the community updated on progress.

[Kelp Fulfills Commitment to Recovery Fund Donations, Gradual Restoration of rsETH Reserves to Begin]On May 1, Kelp announced that it has fulfilled its commitment to donate to the recovery fund. The company stated that as donations from various parties led by Aave for DeFi United are received, the reserve support for rsETH will gradually be restored. Kelp made a one-time donation of 2,000 ETH from its treasury to DeFi United, aiming to restore the nominal exchange rate of rsETH and fully recover the system. The recovery plan for rsETH includes funding for the cross-chain lockbox, restoring oracle functionality, and clearing deficits in affected markets. Kelp expressed gratitude to its partners in the recovery fund, including Mantle, Consensys, Arbitrum, ether.fi, Lido Finance, LayerZero, and Compound, and committed to keeping the community updated on progress.

Kelp Fulfills Commitment to Recovery Fund Donations, Gradual Restoration of rsETH Reserves to Begin

On May 1, Kelp announced that it has fulfilled its commitment to donate to the recovery fund. It stated that as donations from various parties led by Aave for DeFi United are received, the support for rsETH reserves will be gradually restored. Kelp made a one-time donation of 2,000 ETH from its treasury to DeFi United, aiming to restore the nominal exchange rate of rsETH and fully recover the system. The recovery plan for rsETH includes funding for the cross-chain lockbox, restoring oracle functionality, and clearing deficits in affected markets. Kelp expressed gratitude to its partners in the recovery fund, including Mantle, Consensys, Arbitrum, ether.fi, Lido Finance, LayerZero, and Compound, and committed to keeping the community updated on progress.

[Kelp Fulfills Commitment to Recovery Fund Donations, Gradual Restoration of rsETH Reserves Support]On May 1, Kelp announced that it has fulfilled its commitment to donate to the recovery fund. It stated that as donations from various parties led by Aave for DeFi United are received, the support for rsETH reserves will be gradually restored. Kelp made a one-time donation of 2,000 ETH from its treasury to DeFi United, aiming to restore the nominal exchange rate of rsETH and fully recover the system. The recovery plan for rsETH includes funding for the cross-chain lockbox, restoring oracle functionality, and clearing deficits in affected markets. Kelp expressed gratitude to its partners in the recovery fund, including Mantle, Consensys, Arbitrum, ether.fi, Lido Finance, LayerZero, and Compound, and committed to keeping the community updated on progress.

Kelp Fulfills Commitment to Recovery Fund Donations, Gradual Restoration of rsETH Reserves Support

On May 1, Apple (AAPL.O) announced its Q2 financial results for fiscal year 2026, surpassing Wall Street expectations. Revenue reached $111.18 billion, exceeding the anticipated $109.66 billion; net profit was $29.578 billion; and EPS was $2.01, all hitting record highs. The stock price rose over 3% in after-hours trading. CEO Tim Cook announced he will step down in September, with John Turnas set to take over. Turnas has been leading the development of the iPhone 17 series and iPhone Air. Product performance varied, with strong MacBook sales, but iPhone sales of $56.99 billion slightly missed expectations of $57.21 billion, primarily due to a shortage of high-end chip supplies. Cook noted strong demand but mentioned that 'the supply chain is somewhat tight,' expecting pressure to ease in the June quarter. Revenue from wearable devices was $7.901 billion. In terms of capital allocation, Apple announced a new $100 billion stock buyback plan, raised its dividend to $0.27 per share, and canceled its net cash neutral capital allocation target. Q3 revenue is expected to grow by 14%-17% year-over-year, with a gross margin of 47.5%-48.5%.

[Apple Q2 Performance Exceeds Expectations, Net Profit at $29.578 Billion, Cook to Step Down as CEO in September]On May 1, Apple (AAPL.O) announced its Q2 financial results for fiscal year 2026, surpassing Wall Street expectations. Revenue reached $111.18 billion, exceeding the anticipated $109.66 billion; net profit was $29.578 billion; and EPS was $2.01, all hitting record highs. The stock price rose over 3% in after-hours trading. CEO Tim Cook announced he will step down in September, with John Turnas set to take over. Turnas has been leading the development of the iPhone 17 series and iPhone Air. Product performance varied, with strong MacBook sales, but iPhone sales of $56.99 billion slightly missed expectations of $57.21 billion, primarily due to a shortage of high-end chip supplies. Cook noted strong demand but mentioned that 'the supply chain is somewhat tight,' expecting pressure to ease in the June quarter. Revenue from wearable devices was $7.901 billion. In terms of capital allocation, Apple announced a new $100 billion stock buyback plan, raised its dividend to $0.27 per share, and canceled its net cash neutral capital allocation target. Q3 revenue is expected to grow by 14%-17% year-over-year, with a gross margin of 47.5%-48.5%.

Apple Q2 Performance Exceeds Expectations, Net Profit at $29.578 Billion, Cook to Step Down as CEO in September

ORCA fluctuated by 54.08% within 24 hours, current price $2.2714

【ORCA's 24-hour volatility exceeds 50%!】ORCA fluctuated by 54.08% within 24 hours, current price $2.2714

ORCA's 24-hour volatility exceeds 50%!

On May 1, President Trump commented on the status of negotiations with Iran, stating that the US has significantly weakened Iran's military capabilities. He claimed that approximately 82% of Iran's drone factories have ceased production, and nearly 90% of missile factories are also inactive, reiterating that the US has 'destroyed' Iran's nuclear capabilities. He criticized Iran's blockade of the Strait of Hormuz as 'incredible', leading to Iran 'not earning any revenue from oil'. Nevertheless, Trump expressed hope for a swift agreement with Iran, suggesting that 'only he and a few others know the real situation of the negotiations with Iran'. Secretary of State Rubio is actively involved in the related negotiations. Once the Iran crisis is resolved, Trump anticipates a drop in gasoline prices. This contrasts with California Governor Newsom's view—who pointed out that after 61 days of conflict, US gasoline prices have risen nearly 30%, reaching $4.30 per gallon, with food, transportation, and flight prices also increasing, yet the federal government remains 'silent' on the matter.

[Trump: Iran's Blockade of the Strait of Hormuz 'Incredible', US Has Significantly Weakened Iran's Military Capability]On May 1, President Trump commented on the status of negotiations with Iran, stating that the US has significantly weakened Iran's military capabilities. He claimed that approximately 82% of Iran's drone factories have ceased production, and nearly 90% of missile factories are also inactive, reiterating that the US has 'destroyed' Iran's nuclear capabilities. He criticized Iran's blockade of the Strait of Hormuz as 'incredible', leading to Iran 'not earning any revenue from oil'. Nevertheless, Trump expressed hope for a swift agreement with Iran, suggesting that 'only he and a few others know the real situation of the negotiations with Iran'. Secretary of State Rubio is actively involved in the related negotiations. Once the Iran crisis is resolved, Trump anticipates a drop in gasoline prices. This contrasts with California Governor Newsom's view—who pointed out that after 61 days of conflict, US gasoline prices have risen nearly 30%, reaching $4.30 per gallon, with food, transportation, and flight prices also increasing, yet the federal government remains 'silent' on the matter.

Trump: Iran's Blockade of the Strait of Hormuz 'Incredible', US Has Significantly Weakened Iran's Military Capability

On May 1, the U.S. Senate rejected the sixth attempt by Democrats to limit President Trump's war powers against Iran, as the conflict nears a critical 60-day deadline. Republicans continue to firmly support the Trump administration. On Thursday, a procedural vote on a war powers resolution proposed by California Democratic Senator Adam Schiff was defeated with 47 votes in favor and 50 against. The resolution aimed to direct the president to withdraw U.S. troops from hostile actions against Iran. The War Powers Resolution of 1973 stipulates that if Congress does not authorize military action, the president must withdraw armed forces within 60 days. This 60-day period begins from the date the president formally notifies Congress. President Trump sent a letter to Congress on March 2, informing them of hostile actions against Iran, which means the 60-day deadline will end on May 1 (Friday). The president can extend the deadline by 30 days to facilitate troop withdrawal.

[Senate Rejects Resolution to Limit Trump's War Powers Against Iran as 60-Day Deadline Approaches]On May 1, the U.S. Senate rejected the sixth attempt by Democrats to limit President Trump's war powers against Iran, as the conflict nears a critical 60-day deadline. Republicans continue to firmly support the Trump administration. On Thursday, a procedural vote on a war powers resolution proposed by California Democratic Senator Adam Schiff was defeated with 47 votes in favor and 50 against. The resolution aimed to direct the president to withdraw U.S. troops from hostile actions against Iran. The War Powers Resolution of 1973 stipulates that if Congress does not authorize military action, the president must withdraw armed forces within 60 days. This 60-day period begins from the date the president formally notifies Congress. President Trump sent a letter to Congress on March 2, informing them of hostile actions against Iran, which means the 60-day deadline will end on May 1 (Friday). The president can extend the deadline by 30 days to facilitate troop withdrawal.

Senate Rejects Resolution to Limit Trump's War Powers Against Iran as 60-Day Deadline Approaches

On May 1, U.S. President Trump commented on the status of negotiations with Iran, but he did not rule out the possibility that hostile actions could continue. When asked by reporters if he was 'eager to break the ceasefire agreement,' Trump stated that there are many issues in negotiations with Iran due to Tehran's 'stubbornness,' as 'no one knows who their leaders are.' Returning to the initial question, he summarized, 'I don't know if we need to do that'; but he added, 'We may indeed need to.' Trump also described the blockade of the Strait of Hormuz as 'incredible' and claimed that Washington has 'destroyed' Iran's nuclear capabilities.

[Trump: May Need to Break Iran Ceasefire Agreement]On May 1, U.S. President Trump commented on the status of negotiations with Iran, but he did not rule out the possibility that hostile actions could continue. When asked by reporters if he was 'eager to break the ceasefire agreement,' Trump stated that there are many issues in negotiations with Iran due to Tehran's 'stubbornness,' as 'no one knows who their leaders are.' Returning to the initial question, he summarized, 'I don't know if we need to do that'; but he added, 'We may indeed need to.' Trump also described the blockade of the Strait of Hormuz as 'incredible' and claimed that Washington has 'destroyed' Iran's nuclear capabilities.

Trump: May Need to Break Iran Ceasefire Agreement

According to Cointelegraph, US debt has exceeded 100% of GDP for the first time since World War II.

[US Debt Exceeds 100% of GDP for the First Time Since World War II]According to Cointelegraph, US debt has exceeded 100% of GDP for the first time since World War II.

US Debt Exceeds 100% of GDP for the First Time Since World War II

On May 1, U.S. President Trump stated that he does not care if Powell remains on the board after his term as Federal Reserve Chair ends. Powell's term as Chair will conclude on May 15, but his board term does not expire until 2028, and he has indicated his intention to 'continue serving on the board for an undetermined period.' Meanwhile, Kevin Warsh is expected to receive full Senate approval before Powell's term ends, and Powell's continued tenure could complicate Trump's efforts to reshape the Federal Reserve. When asked if he was prepared to take any action regarding Powell's decision to remain on the board, Trump replied, 'No, I don't care if he stays. I just want to ensure Kevin can take that position.' (Jinshi)

[Trump: Unconcerned About Powell's Board Tenure, Just Wants Kevin to Chair]On May 1, U.S. President Trump stated that he does not care if Powell remains on the board after his term as Federal Reserve Chair ends. Powell's term as Chair will conclude on May 15, but his board term does not expire until 2028, and he has indicated his intention to 'continue serving on the board for an undetermined period.' Meanwhile, Kevin Warsh is expected to receive full Senate approval before Powell's term ends, and Powell's continued tenure could complicate Trump's efforts to reshape the Federal Reserve. When asked if he was prepared to take any action regarding Powell's decision to remain on the board, Trump replied, 'No, I don't care if he stays. I just want to ensure Kevin can take that position.' (Jinshi)

Trump: Unconcerned About Powell's Board Tenure, Just Wants Kevin to Chair

On April 29, Kalshi's predicted market pricing indicates that the probability of the Federal Reserve implementing a rate cut before 2027 is currently around 50%, a significant decrease from the 80-90% probability earlier this year. As the Federal Open Market Committee (FOMC) prepares for its meeting, the market is effectively pricing in a 'high interest rate environment for a longer duration,' reflecting a lack of confidence in recent monetary policy easing.

[Market Expectations for Fed Rate Cuts Before 2027 Have Significantly Diminished]On April 29, Kalshi's predicted market pricing indicates that the probability of the Federal Reserve implementing a rate cut before 2027 is currently around 50%, a significant decrease from the 80-90% probability earlier this year. As the Federal Open Market Committee (FOMC) prepares for its meeting, the market is effectively pricing in a 'high interest rate environment for a longer duration,' reflecting a lack of confidence in recent monetary policy easing.

Market Expectations for Fed Rate Cuts Before 2027 Have Significantly Diminished

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