TRUMP unlocked 40 million tokens 5 hours ago, equivalent to around 300 million US dollars

Per Dune data, as of May 28, X Layer has logged over 1.73 million total payment activities linked to OKX’s Agent Payments Protocol (APP), with cumulative transaction volume exceeding $6 million. The count of unique addresses on the network has topped 330,000, and X Layer has entered a rapid growth phase since May 22. For context, OKX’s Agent Payments Protocol (APP) has been live for a full month. Built specifically for AI Agent business scenarios, the protocol handles core workflows including payment method selection, digital signatures, and settlement. To support quick integration for merchants and developers, OKX offers components such as Skills, API, and SDK on X Layer. Multiple merchants have already completed the integration.

May 28: The U.S. April PCE data is set to release tonight at 8:30 p.m. Beijing time. Market consensus forecasts April’s year-over-year PCE rise will hit 3.8%, up from the prior reading of 3.5% and marking a near three-year high. The core PCE year-over-year rate is also expected to edge slightly higher to 3.3%. With energy price pressures still lingering and service sector inflation remaining sticky, if the data confirms inflation is accelerating broadly, it will provide strong backing for the Fed to pivot back to a hawkish stance. Currently, the CME Group’s FedWatch tool shows that while markets expect interest rates will stay unchanged in June, the probability of a rate hike before the end of the year has risen noticeably. Looking ahead, Goldman Sachs believes inflation will take time to cool, forecasting core PCE will remain around 3% through 2026, while overall inflation this year will hold below 4%.

May 28 update: On-chain analytics firm Embermonitor reports that Hyperliquid’s Telegram trading bot and copy-trading platform pvp.trade has accumulated roughly $8.68 million in total transaction fee commissions, cementing its status as one of the top Builders in the Hyperliquid ecosystem. Since Hyperliquid launched, pvp.trade has consistently reinvested its commission earnings into buying HYPE tokens. The platform currently holds 421,000 HYPE, with an average cost per token of just $20.6. At current market rates, that stake is valued at around $24.34 million. However, pvp.trade redeemed 400,000 HYPE tokens from staking yesterday — a holding worth approximately $22.8 million at the time of withdrawal. It remains unclear whether the move was a deliberate profit-taking play amid HYPE’s recent price surge. Hyperliquid’s Builder Fees mechanism rewards the creators of its products with a share of transaction fees generated by trading on those products.

May 28: Per an official announcement, Binance will list the CTRUSDT perpetual contract on May 28, 2026 at 17:30 (UTC+8), offering up to 20x leverage.

Futu Holdings Ltd. (NASDAQ: FUTU) released its Q1 2026 financial results on May 28. Revenue reached HK$5.8599 billion, a 24.7% year-over-year increase, while net profit fell 61.2% YoY to HK$831 million. According to Bitget data, Futu’s U.S.-listed shares traded down 4.84% in pre-market hours, changing hands at $104.88 as of press time.

May 28: 10x Research reported that with surging demand for AI infrastructure, Bitcoin mining companies are accelerating their shift to become AI infrastructure firms. The firm’s Crypto Stock Basket Index is up 56% year-to-date, while Bitcoin (BTC) has fallen 17% over the same period. This week, BTC faced pressure amid a rise in U.S. Treasury yields and growing market expectations that the Federal Reserve will maintain a hawkish policy stance. Institutional funds continued to pull money out of non-yielding assets, and BlackRock’s Bitcoin ETF also saw substantial outflows. In the meantime, mining stocks and AI infrastructure concept shares rallied sharply this week: KEEL rose 30%, CIFR and IREN each climbed 29%, WULF gained 24%, and HUT advanced 22%. 10x Research notes several key events this week signal that mining firms’ transition to AI is speeding up, including IREN’s $1.6 billion acquisition of Dell’s Blackwell system, TeraWulf’s purchase of a 1GW facility in Kentucky, and Hut 8’s