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US-Iran Conflict Update: Iran Set to Respond to Agreement Proposal, Trump Suggests Reinstating "Freedom Plan" Operation

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**US-Iran Conflict: Latest Developments (May 9)** The latest focus of the U.S.-Iran conflict centers on Iran’s expected response to a U.S.-proposed agreement—due within the next 12 hours. Former President Trump has also threatened to reinstate the “Freedom Plan” operation (aimed at deterring ships in the Strait of Hormuz) plus additional measures. ### Ceasefire Talks & Strait of Hormuz - **Iranian Media**: Iran says it’s still reviewing the U.S. proposal to end hostilities. - **U.S. Secretary of State**: We expect Iran’s response today (May 8); hoping for serious U.S.-Iran negotiations. - **U.S.**: Over 70 oil tankers are currently blocked from entering/leaving Iranian ports. - **Update**: No large commercial vessels have transited the Strait of Hormuz in the past 24 hours. - **Iranian Media**: Iran is developing a “legal framework” plan for the Strait of Hormuz, set to become permanent law. ### U.S. Side - Trump says he may resume the “Freedom Plan” operation. - U.S. military: Fired on two Iranian oil tankers, disabling them. - Pompeo met with Qatar’s prime minister to discuss Iran negotiation talks. - U.S. will facilitate talks in Lebanon. ### Iranian Side - Iranian commercial vessel attacked by U.S. military: 10 injured, 5 missing. - Iran’s Foreign Ministry strongly condemned the U.S. attack on an Iranian oil tanker. - Maritime intelligence firm: 3 Iranian oil tankers broke through U.S. military blockade. - Iranian armed forces had sporadic clashes with U.S. warships in the Strait of Hormuz. - Iran’s foreign minister: Missile inventory + launch capabilities up 20% since Feb. 28. - Iran’s Foreign Ministry: Armed forces fully prepared to retaliate against any aggression. - Observatory groups: U.S./Israeli airstrikes set back Iran’s nuclear program by up to 2 years. - **Iranian Media**: Senior lawmaker says Iran will now respond militarily to U.S. maritime blockades. - Satellite imagery: Suspected large oil spill near Iran’s Hark Island; Iranian lawmaker claims pollution is from European tankers. - Iran’s Supreme Leader advisor Mohabell: UAE already punished, will face harsher penalties; once-safe investment havens now seeing capital flight. ### Prediction Market (Polymarket) - Probability of U.S.-Iran permanent peace deal: 18% by May 15, rises to 36% by May 31 (per PolyBeats monitoring). Source: PolyBeats
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Yi Li Hua: The market uptrend will gradually unwind, and in the long term, AI is not in a bubble

**May 9th News Brief** Liquid Capital (formerly LD Capital) founder Li Hua released an article on May 9th with key insights: - As expected, the end of the conflict means there’s no basis for further U.S.-Iran tensions. - The market has rebounded to above $80,000 as forecast, and a gradual position-closing strategy will be implemented. - While $60,000 may not mark this cycle’s bottom, U.S. stocks and Chinese A-shares continue hitting new highs driven by AI. - Intel and Samsung have both reported profits exceeding $1 trillion. Looking ahead, tokens could become daily necessities—on par with eating and drinking. In the long run, AI shows no signs of a bubble; in the short term, however, a black swan event remains uncertain. Warren Buffett is again hoarding cash amid whatever he’s observed. If a buying opportunity emerges at $50,000, the next crypto bull market could deliver a quadruple return. Amid AI’s abundant opportunities: Crypto miners are shifting to AI computing p

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The Altcoin Market has seen a significant resurgence, with the Altseason Index rising to 48. Solana and the SUI ecosystem token have shown impressive performance.

On May 9, HTX market data shows the altcoin market has staged a sharp rebound. The Altcoin Season Index has climbed to 48, meaning 48 of the top 100 altcoins have outperformed Bitcoin (BTC) over the past 90 days. Meanwhile, Bitcoin’s dominance rate (BTC.D) has dropped from a recent high of 61.2% to 60.6%. Leading gainers include: - ONDO: Surged 34.5% to $0.4695 - ICP: Rose 32.8% to $3.97 - STRK: Increased 21.2% to $0.0558 - PLUME: Rose 21.03% to $0.01554 - DYM: Surged 19.9% to $0.0241 Tokens in the Solana and SUI ecosystems also posted strong gains, including: - JUP: Surged 18.7% to $0.245 - PYTH: Rose 17.5% to $0.061 - SUI: Increased 14.7% to $1.09 - DEEP: Surged 30.2% to $0.04 - WAL: Rose 11.6% to $0.086 - CETUS: Increased 12.9% to $0.031

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F2Pool co-founder Wang Chun withdraws 7,461 ETH from Binance, worth $17.27 million

On May 9th, on-chain analyst Ai Auntie (@ai_9684xtpa) noted that F2Pool co-founder Wang Chun withdrew 7,461 ETH (valued at $17.27 million) from Binance 5 hours ago, then deposited the funds into Spark.

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Coinbase CEO: Yesterday's Outage Was Absolutely Unacceptable, Will Reassess System and Conduct Technical Balancing

On May 9, Coinbase CEO Brian Armstrong acknowledged an outage the previous day (May 8) that was "absolutely unacceptable." The root cause traced to overheating in an AWS data center room, triggering multiple cooling unit failures. Coinbase’s systems are built to be redundant against single AWS Availability Zone (AZ) outages—and most operated as intended overnight. However, the centralized exchange failed to achieve full redundancy due to latency optimizations and customer host colocation needs. While these measures typically support AZ outage resilience, they introduced latency risks and disrupted colocation setups. Post-incident, Coinbase will reevaluate its architecture to strike a balance, aiming to drastically cut downtime during AZ migrations. The company thanked AWS and Coinbase teams for overnight mitigation efforts, noting a detailed technical summary will be released later.

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Aave: Launches rsETH Incident Compensation Tool, Focusing on Resolving rsETH Minting Issue and Restoring Market Functionality

May 9 — Aave has unveiled the Phase Two update for its rsETH incident recovery plan. On April 28, Aave rolled out its V3 technical recovery solution for the rsETH hack, with progress now made on both Ethereum Mainnet and Arbitrum. On May 6, 8 Aave V3 positions linked to the attacker were successfully liquidated, and the recovered rsETH collateral was sent to the Recovery Guardian per the Aave Improvement Proposal (AIP). Other users — including Umbrella stakers — were unharmed. Plus, governance proposals from Mantle DAO and Arbitrum DAO have been greenlit. The latter signed off on returning $71 million worth of recovered ETH to Aave for the DeFi United joint recovery push. Legal wins are also in the books: a court order has cleared Arbitrum DAO to send frozen ETH to Aave LLC via on-chain voting, with the restraining order to be issued after the transfer. Aave LLC is now waiting for a final court ruling. As a stopgap, the team has borrowed extra funds to cover the shortfall — ensur

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DeepSeek's Financing Negotiation with Alibaba Falls Through, Ecosystem Integration and Control Rights Misalignment Become Key Issues

Per monitoring by Dongcha Beating (via its Telegram channel @OneMillion_AI), AI model firm DeepSeek’s financing negotiations with Alibaba have collapsed. DeepSeek launched a major financing round in April that drew interest from tech giants including Tencent and Alibaba, but the two sides failed to reach an agreement. The core conflict: Alibaba sought to strengthen its AI ecosystem through the investment—integrating its Tongyi and Qianwen tools deeply into products like Taobao and Amap. DeepSeek, an independent AI model company, pushed back, insisting on minimal contractual constraints, preserving its technological independence, and rejecting excessive ecosystem integration requirements. DeepSeek founder Liang Wenfeng has long turned down external equity financing; this round marks his first time opening the door to such deals, but his bottom line remains unchanged: he prioritizes offers with the “fewest additional conditions.” DeepSeek’s current financing round values the fir

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