Huang Renxun has left Beijing, and NVIDIA has not disclosed whether Huang Renxun met with the DeepSeek founder.

On May 10, the Intercontinental Exchange (ICE) announced plans to launch Bitcoin Volatility Futures on June 1—pending regulatory approval—expanding its U.S.-based derivatives exchange’s cryptocurrency offerings. Reportedly, the contracts will tie to the CME CF Bitcoin Volatility Index (not Bitcoin’s price) and are designed to track expected market volatility over the next four weeks.

On May 10, Strategy CEO Phong Le stated the company will only sell Bitcoin under specific circumstances: paying a 11.5% dividend to STRC preferred shareholders, and pursuing tax deferral or optimization arrangements. The firm will evaluate whether selling Bitcoin or issuing stock better improves its "earnings per Bitcoin" metric, emphasizing BTC will only be sold if the transaction creates value for common shareholders. Previously, Michael Saylor noted the company may "sell some Bitcoin in the future to pay dividends," drawing market attention. As of now, Strategy holds 818,334 BTC—valued at over $66 billion. Phong Le believes the company’s ~$1 billion annual dividend payout will not materially impact Bitcoin’s market price, given the asset’s roughly $600 billion daily trading volume.

May 10th — According to analyst Tom Wan, multiple protocols with a combined total value locked (TVL) of roughly $20 billion have announced plans to migrate to Chainlink CCIP, despite LayerZero issuing an apology statement earlier. These include KelpDAO ($15B), SolvProtocol ($6B), and re ($2B). Meanwhile, top assets still using LayerZero’s OFT standard are: USDe/sUSDe (Ethena), weETH (Etherfi), USDT0 (Tether), thBILL (Theo), and WBTC (Bitgo). Specific migration timelines will be released by the projects at a later date. Earlier, LayerZero formally apologized for its inadequate communication during the security incident over the past three weeks. The firm acknowledged its internal RPC was compromised by the Lazarus Group and admitted it had mistakenly allowed LayerZero Labs DVN to serve as a 1/1 validation node for high-value transactions, creating a single point of failure.

On May 10th, Changpeng Zhao (CZ) said during the latest episode of the Crypto Banter podcast: “Other U.S.-based crypto centralized exchanges (CEXes) don’t want to see me get a pardon. During the pardon application process, we actually faced strong opposition from what we consider our competitors in the U.S.”

On May 10, LienFi, an RWA (Real World Asset) protocol, announced it has minted the first tokenized U.S. real estate tax liens on the Base network.

May 10 — Trump Media and Technology Group (TMTG) on Thursday reported its first-quarter 2026 financial results, posting a net loss of $405.9 million and revenue of $871,200. The loss widened sharply from $31.7 million in the year-ago period, driven primarily by unrealized losses on the company’s cryptocurrency holdings. During Q1, TMTG held 9,542 bitcoins valued at $767 million, with an average purchase price of $118,529 per bitcoin. It also held 756.1 million CRO tokens, carrying a cost basis of $113.9 million and a fair value of $53 million. Last year, TMTG completed its acquisition of CRO for $105 million. Additionally, TMTG holds 4,000 bitcoins in covered call options to hedge against crypto volatility; those options require 2,000 bitcoins as collateral.