Featured News
1. The AI sector token's momentum continues, with a total market value surpassing $33.1 billion.
2. DeGods founder Frank announced resignation as project CEO.
3. Citigroup: Stablecoins will expand beyond crypto trading and integrate into the mainstream economic system.
4. Insiders: The token for Trump’s company Truth Social will be issued within 72 hours.
5. The Chinese Ministry of Commerce releases a joint statement on the Sino-US Geneva trade talks.
Trending Topics
Source: Overheard on CT (tg: @overheardonct), Kaito
MOODENG
Due to an astonishing 400% increase this week and its listing on Binance Alpha, MOODENG has sparked widespread discussion. This token has performed excellently on CoinGecko, becoming one of the top gainers, with trading volume being quite considerable, even able to compete with mainstream cryptocurrencies on Coinbase. The community is buzzing with discussions about its potential, with some users expressing skepticism about Binance's listing mechanism, while others view the rise of MOODENG as a major success in the meme coin realm.
VIRTUAL
Today’s discussion about VIRTUAL focuses on its significant influence in the crypto community, especially the substantial returns brought by Genesis Launches. The platform’s innovative approach in AI agents, along with its incentive mechanisms for holders, traders, and content creators, are the main factors attracting attention. The community is actively participating in strategies to maximize 'Virgen Points' earnings, with many optimistic about its high return potential and future growth. At the same time, some users have raised concerns about potential system abuse and called for improvements.
LDO
Lido Finance's oracle system recently faced a security incident, with private keys managed by Chorus One being leaked, leading to an emergency DAO vote to replace affected oracle nodes. Despite the breach, the protocol itself remains secure, and stakers' funds are unaffected, thanks to its robust 5-of-9 multisignature design. This incident has sparked discussions about Lido's risk management and transparency, with many users praising its quick response and information disclosure, while also highlighting the importance of decentralization and risk management in DeFi protocols.
NEWTON
Today’s discussion about NEWTON mainly focuses on the Magic Newton platform. The platform is gaining attention for its innovative AI agent features and partnerships that include PayPal support. Users are eagerly anticipating potential airdrops and rewards, actively participating in tasks to earn points and join the Kaito leaderboard. The platform has performed impressively in automating crypto trading and integrating with Trusted Execution Environments (TEE). Additionally, the 0.75% allocation of $NEWT tokens to active Kaito users has significantly attracted community participation.
WORLDCOIN
Today’s discussion about WORLDCOIN focuses on its controversial biometric identity system. Users express concerns about privacy, surveillance, and the potential for misuse by authoritarian regimes. While its ability to create multiple anonymous identities is praised, the risk of a core identity being misused remains worrisome. Despite facing criticism, WORLDCOIN's tech stack is still considered to have potential. Its user base has exceeded 8 million, but operations in Kenya and Indonesia still face challenges. The Orb Mini device has faced widespread scrutiny over privacy issues, affecting its reputation and adoption.
Featured Articles
1. (The loss from the oracle private key leak is only 1.4 ETH, is Lido's security mechanism 'textbook level'?)
In the early hours of May 10, oracle service provider Chorus One disclosed that a hot wallet of the Lido oracle was hacked, resulting in the theft of 1.46 ETH. However, security audits indicated that this isolated incident had a limited impact, as the involved wallet was designed for lightweight operational purposes. An attack on an oracle indeed sounds terrible. However, the design of Lido’s architecture, the value philosophy of stakeholders, and the security-oriented contributor culture mean that the impact of such events is extremely limited—even if the oracle were completely compromised, it would not lead to catastrophic consequences. So, what is unique about Lido?
2. (70x surge in three days, has the new member of the PePe family, RATO, fired the first shot for Ethereum Meme?)
On May 11, 2025, a new Meme coin named RATO emerged on the Ethereum network. According to GMGN market data, its market cap once surged past $30 million, then retreated to $26.01 million, with a 24-hour increase of up to 62.44%. This lightning-fast rise is the allure of Meme coins—they ride the wave of community enthusiasm and internet culture, sweeping through the crypto market. What is RATO? Why has it ignited investor passion in an instant?
On-chain data
On-chain fund flow situation on May 12.
