Binance News

Prediction market platform Polymarket is seeking approval from the Japanese government to operate its business in Japan by 2030. According to Odaily, the company has appointed local representatives to engage in lobbying efforts.
Polymarket views Japan as a significant yet underdeveloped market. Due to Japan's strict gambling regulations, the platform currently restricts Japanese users from participating in prediction market transactions.
Under Japanese criminal law, habitual gambling can result in a maximum sentence of three years in prison, while operating a gambling business can lead to a five-year sentence. A Polymarket spokesperson noted that there is substantial natural interest from users in Japan and the broader Asian region, and the company is continuously evaluating opportunities to expand global market access in a compliant manner.

The global storage capacity is facing its most severe shortage in 15 years due to the increasing demand for AI inference, according to PANews. The surge in AI applications has significantly increased the need for data storage, leading to a strain on existing infrastructure. This shortage is impacting various industries as they struggle to meet the growing storage requirements driven by AI technologies.

U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce recently addressed the topic of tokenized NMS stocks on social media. According to Foresight News, Peirce expressed gratitude for the interest in on-chain trading of tokenized NMS stocks but disagreed with exaggerated descriptions. She emphasized that the exemption is expected to be limited, applying only to digital representations of actual underlying equity securities that investors can purchase in the secondary market, rather than synthetic assets.

SpaceX has announced that Chun Wang, co-founder of F2Pool, will serve as the commander for the Starship's inaugural interstellar manned mission. According to Odaily, this mission is planned to last two years, involving deep space travel beyond the Earth-Moon system, passing Mars, and returning to Earth.Prior to this, Chun Wang will join Dennis Tito and Akiko Tito on Starship's first commercial lunar flyby mission. This mission is expected to last a week, with the spacecraft passing approximately 200 kilometers from the lunar surface.SpaceX stated that since May 2020, the Dragon spacecraft has completed 20 missions, sending 78 astronauts from 20 countries into space. In the future, Starship aims to expand commercial manned spaceflight to the Moon and Mars.

Nvidia's stock recently reached a new all-time high above $236, pushing its market capitalization toward $5.7 trillion, according to BeInCrypto. This surge reflects renewed investor confidence ahead of earnings, driven by accelerating global AI demand, particularly from China. Major Chinese tech firms like Alibaba, Tencent, ByteDance, and JD.com are reportedly preparing to purchase Nvidia's H200 processors, pending regulatory approvals. Despite US export restrictions, Nvidia benefits from strong global AI infrastructure spending. Year-to-date, Nvidia's stock is up over 25%, significantly outperforming major indices.

Ark Invest has expanded its holdings by purchasing 139,117 Bullish shares valued at approximately $5 million across its ARKK, ARKW, and ARKF funds on Thursday. According to NS3.AI, this acquisition follows earlier purchases totaling $4.4 million made on Monday and Tuesday. Despite these investments, Bullish shares closed down 2.73% at $35.96 on Thursday.

SEC Chair Paul Atkins announced that sponsors have agreed to postpone several event contract ETFs related to prediction markets. This decision affects approximately two dozen proposals submitted since February. According to NS3.AI, Atkins emphasized that the SEC will seek public feedback instead of considering the delay as a rejection. Additionally, the CFTC and the NHL have signed a memorandum of understanding to facilitate confidential data sharing and integrity monitoring of hockey event contracts. These actions introduce parallel oversight as regulators scrutinize brokerage-wrapped prediction products and sports-linked contracts.

India's Ministry of Electronics and Information Technology (MeitY) has issued a blocking order against Polymarket and is preparing to block Kalshi. According to NS3.AI, intermediaries that do not comply with these orders could face penalties, including up to seven years in prison and fines. The orders are expected to be issued under Section 69A of the Information Technology Act, mandating Internet Service Providers (ISPs) to block access to these platforms. This action aligns with India's online gaming law, which came into effect on May 1, prohibiting real-money online games, related advertising, and financial transactions.

NEAR Protocol is set to introduce a dynamic resharding feature, allowing the protocol to automatically increase the number of shards based on demand without manual intervention. According to Foresight News, this upgrade will enable automatic deterministic splitting of shards when a shard reaches a state size threshold, verified by state witnesses.
Currently, adding shards to NEAR requires a complete protocol upgrade, including validator coordination, voting, and phased deployment. The dynamic resharding feature will enhance NEAR's horizontal scalability and support the automatic expansion of sharded contract infrastructure like NEAR Intents as needed.
Additionally, network upgrade 2.13 will introduce post-quantum secure signatures, with the launch expected in June.

Trump Media Technology Group reportedly acquired 11,542 BTC through stock and convertible bond sales in July and August of last year. According to BlockBeats On-chain Detection, the purchase was made at an average price of $118,529 per BTC. Earlier this year, the company sold 2,000 BTC at an average price of $87,380. Today, an additional 2,650 BTC, valued at $205 million, were transferred to a centralized exchange (CEX).Currently, Trump Media has incurred a loss of $455 million on its Bitcoin investment. The company still holds 6,889 BTC, valued at $533 million.

JPMorgan reports that tokenized money market funds represent only about 5% of the stablecoin market, primarily due to regulatory challenges. According to CoinDesk, these funds face a 'structural regulatory disadvantage' as they are classified as securities, which imposes restrictions on their circulation within the crypto ecosystem. Despite their yield-generating potential, tokenized funds are unlikely to exceed 10%-15% of the stablecoin market without regulatory changes. Stablecoins remain dominant in crypto trading and payments due to their seamless integration across exchanges and DeFi.

On May 22, according to Jin10, Li Chao, Deputy Director of the Policy Research Office at the National Development and Reform Commission, announced at a press conference that China has collaborated with relevant departments for six consecutive years to create a list of integrated circuit enterprises or projects and software companies eligible for tax incentives. Overall, these tax incentives have effectively reduced costs, promoted research and development, and stabilized expectations, significantly advancing the rapid development of industries such as integrated circuits, foundational software, industrial software, and artificial intelligence software.

Circle CEO Jeremy Allaire announced that Circle Wrapped Bitcoin (cirBTC) is set to launch soon. According to Foresight News, users can now obtain cirBTC for testing on the Arc and Ethereum testnets through a faucet.
Previously, Foresight News reported that Circle plans to introduce cirBTC, a tokenized Bitcoin product backed 1:1 by native BTC, specifically designed for the institutional market. The reserves of cirBTC can be independently verified in real-time on-chain, making it suitable for institutional scenarios such as OTC trading desks, market makers, and lending protocols. The product will initially be available on the Ethereum and Arc platforms, with future plans to expand to a multi-chain ecosystem and integrate seamlessly with Circle's USDC, Arc, and Circle Mint, offering a complete end-to-end service.

A petition in South Korea advocating for the abolition of a proposed 22% tax on cryptocurrency investment gains has garnered over 50,000 signatures, prompting a move to committee review. According to NS3.AI, the tax was initially set to be implemented in January 2027. The petition's progress reflects growing public opposition to the tax, which many investors believe could hinder the growth of the cryptocurrency market in the country. The committee review will determine the next steps in addressing the concerns raised by the petitioners.

Russia's Finance Ministry has finalized legislation that upholds a ban on personal non-custodial cryptocurrency wallets for individuals. According to NS3.AI, the bill provides exemptions for participants in foreign economic activities, such as importers, while ordinary investors will be required to trade through intermediaries licensed by the Russian central bank. If the bill is enacted, starting July 1, all individuals and institutions in Russia will be mandated to use licensed exchanges and intermediaries for cryptocurrency transactions.

Euro stablecoin transactions processed by retail virtual asset service providers have surged 12-fold over the past 15 months, reaching $777 million, according to ChainCatcher. This growth is highlighted in Fireblocks' '2025 Stablecoin Status Report.'
Following the implementation of the EU's Markets in Crypto-Assets (MiCA) framework, European banks and fintech companies are accelerating the production and deployment of compliant stablecoins. Banking Circle and SG-Forge are leading this initiative with the launch of euro-backed digital assets EURI and EURCV, respectively, both of which are expanding their production operations.
This increase signifies a broader shift in Europe's digital asset infrastructure, with banks moving from pilot projects to developing production systems for tokenized assets and stablecoin payment rails. Fireblocks' research indicates that European banks now view stablecoin and tokenized asset infrastructure as a crucial part of their 2026 roadmap. The MiCA compliance has reduced regulatory uncertainty, thereby accelerating the deployment process.

On May 22, VerusCoin's cross-chain bridge attacker returned 4,052.4 ETH to the project team's address, according to BlockBeats On-chain Detection. This amount represents 75% of the total stolen funds. The remaining 25%, equivalent to 1,350 ETH, will be retained in the attacker's wallet as a white hat bounty.

Nomura Securities has revised its outlook for U.S. Federal Reserve policy, now predicting that interest rates will remain unchanged throughout 2026. According to Jin10, this marks a shift from their earlier forecast, which anticipated rate cuts in September and December of this year.

AMD CEO Lisa Su stated that production at TSMC's Arizona facility is progressing excellently. According to Jin10, Su highlighted the positive developments at the site, emphasizing the successful collaboration between AMD and TSMC in enhancing manufacturing capabilities. The Arizona plant is part of TSMC's strategic expansion in the United States, aiming to bolster semiconductor production and meet growing demand.

Approximately seven hours ago, a batch of addresses suspected to belong to Polychain unlocked and redeemed 122 million EIGEN tokens from the EigenCloud staking contract, according to ChainCatcher. This amount represents about 16.5% of EIGEN's current circulating supply. The tokens, valued at approximately $23.88 million, remain in the address without further movement. The tokens originate from a 2024 investment allocation, with Polychain being an early lead investor in EigenCloud.

The German Bundestag's Finance Committee has shut down the Green Party's push to hike taxes on cryptos. As reported by ChainCatcher, the proposal was all about eliminating the tax break for selling cryptos that you've held for over a year. Right now, German law gives a pass on capital gains tax for cryptos sold after that one-year mark.
The Green Party is saying this exemption is totally off the mark, arguing that crypto assets should be treated like any other investment. But the bears are pointing out that this move would hit crypto traders with a heavier tax load compared to your average stock investor. The ruling coalition's CDU/CSU is claiming that this proposal doesn't really close the gaps in the system and could even open up new ones. On the flip side, the SPD is looking to hold off until the Finance Minister drops his own strategy.

CoinGecko's 2026 report on perpetuals reveals a significant decline in total crypto open interest, which decreased from $210 billion before October's liquidation event to $99.09 billion by April 2026. According to NS3.AI, this represents a reduction of more than 50% from its peak levels. The report also highlights that the top 11 perpetual centralized exchanges (CEXs) recorded an average monthly volume of $4.69 trillion during the first four months of 2026, a decrease from $7.11 trillion in 2025. Despite this downturn, perpetual decentralized exchanges (DEXs) increased their market share, capturing 13.5% of open interest by the end of April 2026, while the share of CEXs declined to 86.5%.

A significant cryptocurrency holder, known as the 'whale with $230 million in liquidations,' has initiated a short position on Zcash (ZEC), according to Foresight News. The whale currently holds a $1.26 million short position at three times leverage and has placed limit sell orders for $1.22 million worth of ZEC within the $653.58 to $661.4 range. Additionally, the address maintains a long position in Bitcoin (BTC) valued at $39.21 million and holds $2.49 million in HYPE spot.

Bitcoin experienced a significant decline, dropping nearly 7% from $82,800 to $76,000. According to NS3.AI, aggregate realized losses among holders amounted to $616 million. Data from Glassnode indicated a shift in holder behavior from accumulation to distribution, with whale absorption reaching a record low of -151%.

Galaxy Digital founder Michael Novogratz and BitGo Holdings CEO Mike Belshe are engaged in a legal confrontation this week over a four-year merger dispute, according to ChainCatcher. BitGo is demanding at least $100 million in damages from Galaxy, following the collapse of a proposed $1.2 billion acquisition in 2021, which was set to be the largest in the crypto industry at the time. BitGo alleges that Galaxy failed to make reasonable efforts to complete the deal and concealed details of investigations by U.S. authorities that could have significantly impacted the merger's completion.

Five cryptocurrency projects, including Syndicate Labs and Bitcoin Depot, are shutting down operations this week due to a prolonged market downturn. According to NS3.AI, these closures are attributed to decreased user activity and reduced investment. Despite this trend, Hyperliquid and Polymarket are continuing to experience growth.

HyperLend has introduced Aviya, an institutional credit platform built on Hyperliquid, according to Foresight News. Aviya aims to provide structured credit access for institutional participants, offering bilateral fixed-rate financing services. Initially, HYPE will be used as collateral, with plans to expand to more asset classes.
Aviya is set to become a key component of the Hyperliquid ecosystem's credit layer, supporting capital formation, leverage, and structured financing for native and future tokenized assets, including stocks, commodities, fixed-income instruments, and pre-IPO companies. Additionally, HyperLend is enhancing its collaboration with Hyperion to advance institutional business development and capital introduction.

According to the announcement from Binance, the platform is enhancing its 'Team Up for BTC' campaign in celebration of Pizza Day. Participants now have the opportunity to win 1 BTC in token vouchers, in addition to the existing prize pool valued at 1,000,000 USDC. To qualify, users must team up with friends and successfully form and complete five teams during the promotion period, which runs from 2026-05-22 00:00 (UTC) to 2026-05-30 23:59 (UTC).
Participants can join the Pizza Day Challenge by visiting the activity page and inviting friends to form teams. A team can consist of 3, 5, or 10 members, and each member must lock 100 USDC. Once the team is full and the USDC is locked, the system will automatically convert the locked USDC into BTC at the real-time market price. The conversion must be completed according to the campaign rules to count as a successfully formed team. Eligible participants who complete the required steps will be entered into a random draw, with the winner announced on 2026-06-08 via official Binance channels.
The winner will be notified through email and in-app push notifications. While participants can form more than five teams, the chance of winning remains unchanged. The 1 BTC reward will be distributed as a token voucher within 15 working days after the promotion ends, and the voucher will be valid for 14 days from the distribution date. Binance reserves the right to disqualify participants for dishonest behavior or interference with program code. The platform also retains the discretion to amend the terms and conditions of the promotion without prior notice.

GLM-5.1 High-Speed API has been launched for select enterprise clients, achieving a model output speed of 400 tokens per second, setting a new global record for large model official interface end-to-end speed. According to Odaily, this high-speed version retains the capabilities of the original flagship model and is powered by a high-performance inference engine jointly developed by Zhipu and the TileRT team. The engine optimizes GPU operation scheduling by restructuring it into a persistent Engine Kernel that resides on the GPU, reducing kernel startup and memory read/write delays in traditional inference.
In multi-card scenarios, TileRT further specializes GPU nodes in the 8-card NVL topology into different functional Workers to enhance attention layer computation and cross-card communication efficiency.
Currently, this high-speed version is available to select enterprise clients on the Zhipu MaaS platform. Future plans include optimizing FP8 inference and extended context capabilities to support low-latency scenarios such as AI programming, real-time interaction, and real-time voice applications.

Ink Ecosystem's decentralized exchange, Nado, has commenced its second season with several significant updates. According to Foresight News, the platform has removed its invitation-only registration, allowing any user to sign up and start trading from May 21. A trading competition with a total prize pool of $100,000 will be held from May 25 to June 1.
The points mechanism has been adjusted, linking the points pool size to the platform's overall trading volume. As the protocol's trading volume increases, the weekly points emission cap will also rise. The referral system is set to be upgraded, introducing a commission reward based on transaction fees, which will operate alongside the existing points rewards.
Additionally, the fee structure has been optimized by adjusting the fee rate tiers to lower the threshold for high-tier users. Nado also plans to gradually introduce real-world assets (RWA) as collateral in the second season. Furthermore, the platform aims to launch a tokenized market for 24/7 trading and establish fiat on-ramp and off-ramp channels.

Economist Kento Minami from Daiwa Securities has indicated that the supply disruptions caused by Middle East tensions could start affecting Japan's consumer prices as early as June. According to Jin10, the impact of geopolitical risks was not evident in April's data, partly due to government energy subsidies. In April, consumer inflation excluding volatile fresh food rose by 1.4% year-on-year, which is lower than the 1.8% increase in March. Minami noted that while Japan has made progress in finding alternative oil sources, the increased transportation costs due to longer distances are inevitable and are expected to contribute to rising prices in the future. He added that concerns over supply constraints might persist due to differences in crude oil quality and logistical bottlenecks.

Economist Anthony Malouf from Ebury stated that the Reserve Bank of New Zealand is likely to keep interest rates unchanged at its policy meeting next week. According to Jin10, Malouf noted that recent inflation has unexpectedly risen, primarily due to increasing energy prices. However, the uncertainty stemming from the Iranian conflict has led to a weakening in domestic demand. He suggested that the most probable course of action is to maintain the current interest rates temporarily while using the policy meeting to better express their outlook on the future economy. Malouf also anticipates two rate hikes later this year, followed by another increase early next year, which would bring the official cash rate to 3%.

Hong Kong's automotive stocks experienced a notable upswing, with XPeng Group (09868.HK) rising over 4% and Li Auto (02015.HK) increasing more than 3%. According to Jin10, other companies such as Leapmotor (09863.HK) and BYD Co. Ltd. (01211.HK) also followed suit, contributing to the sector's overall positive performance.

Bitcoin continues to maintain stability at high levels, while the sentiment in the altcoin market has rapidly improved. According to PANews, funds are flowing along clear thematic lines, with AI infrastructure, decentralized storage, and emerging DeFi protocols forming the three core narratives this week.

A scam operation has been identified by SolanaFloor, where fraudsters are impersonating Jupiter to distribute fake CJUP tokens to wallets. According to ChainCatcher, these scammers are attempting to lure users into connecting to fraudulent websites to steal their assets.

China's National Development and Reform Commission (NDRC) has clarified that the country has never mandated domestic technology companies to reject foreign investment. According to NS3.AI, Li Chao, a representative from the NDRC, emphasized that while foreign investment is welcome, it must adhere to Chinese laws and regulations. Additionally, such investments should not compromise China's national security and interests.

The cryptocurrency market experienced limited movement, with the Real-World Asset (RWA) sector increasing by 2.12% over the past 24 hours. According to NS3.AI, Bitcoin saw a minor decrease of 0.38%, maintaining a position close to $78,000. Meanwhile, Ethereum declined by 0.41% but remained above the $2,100 mark.

AMD CEO Lisa Su announced that the company plans to continue increasing its supply each quarter this year and aims to maintain this growth through 2027 and beyond. According to Jin10, Su highlighted that the demand for CPUs is expected to rise in the coming years.

AMD CEO Lisa Su has highlighted the current tight conditions in the CPU market. According to Jin10, Su noted that the demand for CPUs remains strong, but supply chain constraints continue to pose challenges for manufacturers. The ongoing situation has led to increased pressure on production capacities, affecting the availability of certain products. Su emphasized the importance of strategic planning and collaboration with partners to navigate these challenges effectively. As the industry adapts to these conditions, AMD is focused on optimizing its operations to meet customer needs and maintain its competitive edge.

The South Korean government plans to inject excess tax revenue from the booming semiconductor industry into a new sovereign wealth fund set to launch in the second half of this year. According to Odaily, the fund was initially intended to raise 20 trillion won through contributions of government-held shares in state-owned enterprises. However, the decision has been made to add several trillion won in cash, expanding the seed capital to nearly 30 trillion won (approximately $20 billion).
This growth-oriented fund aims to make medium- to long-term investments in potential companies within South Korea's strategic industries that are in the growth phase. The related legislation is expected to be submitted to the National Assembly in June, with the funding plan included in the 2027 budget proposal.