10 #Bitcoin ETFs outflows 3,062 $BTC(-$302.76M) and 9 #Ethereum ETFs outflows 16,114 $ETH(-$53.01M) yesterday.

**U.S. Central Command (CENTCOM) said in a May 7 statement that the U.S. military fired on the Iranian-affiliated oil tanker *Hasna* in the Gulf of Oman at 9 a.m. ET on May 6 (9 p.m. Beijing Time that day).** **The strike, carried out by an F/A-18 fighter jet using a 20mm cannon, damaged the tanker’s rudder and prevented it from reaching an Iranian port.** **CENTCOM noted the vessel violated U.S. sanctions and ignored multiple warnings before the military action.** **The U.S. blockade of ships attempting to enter or exit Iranian ports remains fully in effect, the command added, emphasizing the military continues to take cautious, professional steps to enforce compliance.**

On May 7, Elon Musk announced that xAI will cease operating as an independent company and will be rebranded as SpaceXAI. Previously, BlockBeats reported that on May 2, xAI launched a voice cloning feature for its API. Users can create a custom voice in roughly two minutes, or choose from its library of over 80 pre-set voices spanning 28 languages—these voices work for use cases including voice assistants, audiobooks, and video game characters.

May 7 President Trump said a deal with Iran is expected “within a week,” but Tehran has not yet accepted two core U.S. demands. Iran stated it is reviewing the U.S.-proposed ceasefire plan and will respond to the U.S. via mediators like Pakistan. The U.S. has demanded Iran halt its nuclear program, reopen the Strait of Hormuz, send its highly enriched uranium to the U.S. and shut down its underground nuclear facility. Trump noted “very good discussions” between the two sides over the past 24 hours, adding the probability of a deal is “very high.” Iranian officials and lawmakers have criticized the proposal, calling it “more a list of American wishes than reality.” Iranian legislators said the U.S. cannot achieve through war what it cannot get at the negotiating table. Trump also renewed threats, saying if Iran rejects the deal, the U.S. will “carry out bombings.” He added even if oil prices rise to $200 a barrel, the war is “worth it.” U.S. gasoline prices are currently at t

On May 7, U.S. Senator Kirsten Gillibrand told the Consensus conference that cryptocurrency market structure legislation will fail to secure the votes needed to pass if it lacks ethical clauses. She emphasized the need to bar members of Congress, senior government officials, the President and Vice President from profiting off their insider access to the crypto sector. Several Democratic senators have raised concerns over former President Donald Trump’s ties to crypto, with Bloomberg estimating he has made at least $1.4 billion in profits from crypto-related venture capital. The bill had previously stalled in the Senate over stablecoin reward processing disputes but now has a compromise framework. Ethical clauses, however, have emerged as a new roadblock. Gillibrand said she’s working with the White House and lawmakers from both parties to ensure those provisions are included. She’s also pushing to add consumer protection and anti-money laundering measures. The legislatio

On May 7, U.S. President Donald Trump said: “Regarding Iran, they want to strike a deal. Iran wants to negotiate, and we’ll see if we can reach an agreement that’s good for us.”

On May 7, Circle announced that its USDC tokenized money market fund’s assets under management (AUM) have surpassed $3 billion, making it the world’s largest tokenized money market fund. This milestone underscores the ongoing growth of tokenized money market funds and highlights the expanding role of on-chain collateral in the digital asset market. USDC, Circle’s blockchain-based tokenization of traditional money market funds, enables institutional investors to hold, trade, and manage yield-generating assets on-chain. The fund primarily invests in short-term U.S. Treasury bonds and Treasury-backed repurchase (repo) agreements.