U.S. CFTC Acting Chairman: Enforcement Division Restructured, Refocused on Combating Fraud

On May 9, Bitget launched its VIP-Exclusive ETH Wealth Management Product, targeting VIP users who participated in CC PoolX between 6:00 PM May 6 and 6:00 PM May 10 (UTC+8). During the event, eligible users can head to the "Earn ETH Easily" tab to subscribe to ETH, with a maximum annual percentage rate (APR) of 5%. The subscription period runs from 6:00 PM May 10 to 6:00 PM May 15 (UTC+8). Additionally, Bitget will set aside a total of 100 NVDAON tokens as extra rewards for VIP users who meet specific trading criteria tied to their ETH deposit timing, amount, and holding period. For full details, visit the official Bitget platform.

May 9 — Recent reports say DeepSeek is kicking off its first round of financing, with investment discussions underway with firms including Tencent and Alibaba. However, negotiations between Alibaba and DeepSeek have recently collapsed. A market source told Yicai today that Alibaba shouldn’t have been part of those talks in the first place. Separately, BlockBeats reported today, citing an exclusive from Whale Laboratory, that the talks fell apart because the two sides couldn’t agree on specific terms. Multiple people close to the deal pointed to the core conflict: Alibaba pushed for ecosystem integration, while DeepSeek insisted on staying independent. Alibaba has ramped up AI ecosystem integration efforts this year. In March, it launched the Alibaba Token Hub, which includes five key business units like Tongyi Lab and the Qianwen Division. In May, the company rolled out a unified AI digital persona and integrated the Qianwen assistant into core products such as Taobao, Gaode,

Over the past 24 hours ending May 9, former President Donald Trump has made extensive remarks on a range of topics, including the Middle East, tariffs, AI, Russia-Ukraine, and extraterrestrial life. On the Middle East, Trump said the U.S. could restart an "upgraded" version of the "Freedom Plan" if the current situation "does not make progress." He also noted he expects Iran’s official response to a U.S. proposal. Upon returning to the White House, however, he declined to say whether he had received Iran’s reply. In tech and markets, Trump called Dell computers "great" during a Rose Garden speech and urged the audience to buy them. Dell’s stock jumped nearly 14% at one point Friday, hitting an all-time high. On trade, the U.S. Department of Justice has appealed a recent court ruling against Trump’s tariff policy. Earlier, a federal trade court ruled the 10% global tariff imposed by the Trump administration was "unlawful." On economic data, Trump touted April’s U.S. jobs rep

A recent report, citing a forecast from international investment bank Macquarie Securities, notes that the average bonus for employees at South Korea’s SK Hynix could reach roughly 6.1 million yuan (≈129 million South Korean won) in 2027. The bank projects SK Hynix’s operating profit will hit 44.7 trillion South Korean won that year. Using a simple calculation—10% of that operating profit as a bonus pool, divided by the company’s ~35,000 employees as of the end of last year—the total bonus pool would total ~4.47 trillion won, translating to an average of 129 million won per employee (equivalent to ~6.1 million yuan). In response, SK Hynix clarified that since its 2024 and 2025 performance remains undetermined, the bonus scale cannot be predicted. The company added it has rolled out a new headquarters-level system: 10% of annual operating profit is earmarked for annual performance bonuses. “As AI semiconductor competition ramps up, talent has become a core competitive asset,” t

On May 9th, per monitoring from HyperInsight (via their Telegram channel: https://t.me/HyperInsight), trader "Loracle" executed consecutive take-profit trades on their BTC and ZEC long positions within an hour. They gradually sold off 54.01 BTC (roughly $4.32 million) and 4,274.29 ZEC (roughly $2.3772 million), totaling approximately $6.6978 million in proceeds. Following this round of selling, the two key positions were downsized, with remaining positions as follows: - **BTC Long**: Position value reduced to $21.2362 million; current unrealized profit of ~$0.4799 million (+45.20%) - **ZEC Long**: Position value reduced to $18.0338 million; current unrealized profit of ~$6.7437 million (+373.95%) Reports indicate the trader holds the largest bullish positions on ZEC and TON, and the largest bearish position on HYPE, across the Hyperliquid platform. Their total account position value stands at $100 million. Address: 0x8def9f50456c6c4e37fa5d3d57f108ed23992dae

**On May 9, U.S. District Judge Margaret Garnett approved Aave’s asset recovery plan following the rsETH exploit, clearing the transfer of ~$71 million in ETH—previously frozen on Arbitrum—to a wallet controlled by Aave.** Court filings reveal the ruling adjusted the prior restraining order against Arbitrum DAO, enabling the community to complete the ETH transfer via an on-chain governance vote—while waiving legal liability for those voting and executing the transfer. The incident stemmed from the April rsETH exploit, widely linked to North Korea’s Lazarus Group. Earlier, lawyers representing victims of North Korean terrorism had pushed to freeze the assets and sought to include them in an ~$877 million outstanding judgment. The Arbitrum community showed overwhelming support in a Snapshot temperature check vote to return the frozen ETH to Aave’s recovery plan, though formal on-chain governance approval is still required for the actual transfer. The case also forms part of U.S. pl