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

2025.04.18 15:24:51

Update on April 18th: An exclusive source from Yicai informed a reporter that CEO Jensen Huang has departed from Beijing after meeting with government officials. Nvidia did not disclose Jensen Huang's other travel arrangements during his trip to China, including whether he met with the founder of DeepSeek, William Liang.
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Two wallet addresses withdrew the SAHARA token, which accounts for 3.4% of the circulating supply, from a centralized exchange (CEX) this morning.

May 25th — Per Chainalysis, two wallet addresses withdrew 111 million SAHARA tokens (valued at $3.81 million) from Binance and Bitget seven hours ago, representing 3.4% of SAHARA’s circulating supply.

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Vitalik: Ethereum Foundation to Downsize, Reduce ETH Sales

On May 25, Vitalik Buterin took to X to share his personal recommendations for the Ethereum Foundation (EF): Moving forward, the EF will transition to a smaller, longer-term, more clearly defined organization—no longer acting as the central hub of the Ethereum ecosystem, but rather a node with specific, targeted responsibilities. Buterin also stressed that Ethereum shouldn’t just focus on chasing maximum transactions per second (TPS) and ultra-low latency. Instead, he said the network should build distinct competitive edges in areas like formal verification, stronger consensus security, and reduced reliance on intermediaries (CROPS)—and that these goals don’t conflict with scalability, layer-2 (L2) solutions, or shorter slot times. He added a key note about the EF’s resource strategy: The foundation is prioritizing long-term sustainability over stretching its resources too thin, which means it will sell less ETH. He also called ETH Ethereum’s most financially valuable product.

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Polkadot OpenGov is considering requiring a minimum self-stake of 10,000 DOT from validators.

On May 25, Polkadot tweeted that its OpenGov system is currently voting on a major overhaul of the network’s staking structure. Referendum 1890 would require Polkadot validators to lock a minimum of 10,000 DOT of their own funds as self-stake. This reform is a necessary prerequisite for the network’s next big staking upgrade, which will bring two key changes: nominators will no longer be subject to slash risk, and the unbonding period will drop from roughly 28 days to 24–48 hours. If the referendum passes, validators will take on direct slash exposure via larger self-bonded stakes, while nominators keep earning staking rewards without putting their principal at risk of being slashed. These changes lower participation risk for nominators and make exiting the staking system much faster.

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A certain Satoshi-era miner transferred 2,650 Bitcoins to a liquidity provider.

On May 25, monitoring by Onchain Lens indicates a Satoshi-era Bitcoin miner transferred 2,650 BTC to OTC desks FalconX and Cumberland, with the transaction totaling roughly $203 million. The whale still holds 6,000 BTC.

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This Week's Major Unlocking Overview: XPL, HUMA, and Others to Unlock Over $30 Million in Tokens

May 25 — Token Unlocks data shows this week will bring large one-time token unlocks for four key assets (H, HUMA, XPL, and SAHARA), with total released value topping $30 million. Here’s the full breakdown aligned with U.S. crypto news conventions: 1. Humanity (H): 103 million tokens unlock on May 25, valued at roughly $23.86 million, accounting for 5.8% of its circulating supply. 2. Plasma (XPL): 88.89 million tokens unlock on May 25, worth approximately $7.24 million, making up 3.69% of its circulating supply. 3. Huma Finance (HUMA): 458 million tokens unlock on May 26, valued at about $11.64 million, representing 20.04% of its circulating supply. 4. Sahara AI (SAHARA): 132 million tokens unlock on May 26, worth around $4.56 million, equivalent to 4.06% of its circulating supply.

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Nikkei 225 Index Surpasses 65,000 Points, Surging 2.64% Intraday

On May 25th, data from Bitget shows the Nikkei 225 Index crossed above 65,000 points, marking a new all-time high with an intraday gain of 2.64%.

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