Base Mainnet Withdrawal Feature Experiencing Delay, Team Working on Fix
May 30th: Developer donnoh revealed an upgrade-related vulnerability has left Base Network’s state updates stuck for over 30 hours. Most regular users haven’t felt major disruptions because withdrawing Base to the Ethereum mainnet requires a roughly 7-day challenge period.
Later, Base’s official status page confirmed the issue comes from a Trusted Execution Environment (TEE) enclave malfunction, which interrupted the network’s governance proposal process and triggered the state update holdup. Officials noted Base’s mainnet withdrawal functionality is delayed, but the team is actively working on a fix—no other core network components were directly impacted, per the update.
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Yongping Duan, who earns 1 billion RMB daily, expressed optimism about Pop Mart's overseas expansion, praising founder Wang Ning as being "on the same level as Steve Jobs."
May 30 – Renowned investor Neil Shen expressed optimism about Pop Mart’s future overseas expansion during a discussion with investors. He stated, “Pop Mart has extremely strict standards for store locations, and prime spots are always in high demand. Securing these ideal locations takes a great deal of time, and over the next five to ten years, we expect many more Pop Mart stores to open internationally.”
Renowned investor Neil Shen’s recent increased investment in Pop Mart via his firm H&H International Investment has been generating significant buzz. On May 25, Shen purchased 9.8232 million shares at an average price of approximately HK$150 per share, raising his stake to 5.69% and making him the company’s second-largest shareholder, with holdings valued at more than HK$11.7 billion. According to Bitget market data, Pop Mart saw a strong upward trend in trading yesterday, closing with an 8.98% gain. Shen’s single-day unrealized profit was close to HK$1 billion.
Recently, Shen’s att
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「Stock God」 Serenity's Top Holding SIVE Accused of Insider Trading, Swedish Prosecutor Recommends Nasdaq to Launch Investigation
May 30th — Jonas Myrdal, a prosecutor with Sweden’s Economic Crime Authority, stated that the premature leak of news about Sivers Semiconductors (ticker: SIVE) exploring a U.S. dual listing via an anonymous X account (with 200,000 followers) was no coincidence. The post went up approximately 48 hours before SIVE officially confirmed the development in a press release. Myrdal made clear the information was leaked, noting the same X account had previously promoted SIVE, leading to the stock price surging by several hundred percentage points in a short period. He also recommended Nasdaq investigate the incident and report any suspected violations related to market abuse.
Recently, self-proclaimed "Stock Oracle" Serenity has repeatedly endorsed SIVE, maintaining an extremely bullish stance on the company. Serenity labeled SIVE the "most attractive CPO/Photonics investment target" and explicitly confirmed they "have not sold a single share and do not intend to sell any." This market expert
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League of Legends BLG Upsets WE, Polymarket Users Suffer $157,500 Loss
Per on-chain analyst Ai Yi’s monitoring, tonight’s League of Legends match between BLG and WE brought a major upset: Polymarket user TrevorPlovdivBulgariaForHisBirthday lost $157,500 total after betting on BLG to win. Pre-match data showed BLG was a heavy favorite with a 95.5% probability of claiming victory, but BLG suffered a surprising 1-3 defeat in the end.
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Bitcoin Surges Past $74,000, 24-hour Gain of 1.3%
On May 30, HTX market data reports Bitcoin has topped $74,000, notching a 1.3% gain over the past 24 hours.
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Loeb Rebuts Bubble Theory: Investing in AI Is Far From Flushing Money Down the Toilet, We've Just Scratched the Surface of the Trend
May 30 – Dan Loeb, founder of Third Point and manager of a $24-billion hedge fund, is sounding bullish on artificial intelligence, arguing today’s AI boom is fundamentally different from the dot-com bubble era.
Loeb emphasizes that major tech companies have pledged a combined $700 billion in AI infrastructure spending this year, with plans to invest another $1 trillion next year. Unlike the dot-com days, he notes these firms boast strong profits and massive cash flows, so nearly all of this spending is funded by their own resources.
“To think this capital expenditure will deliver no returns is like saying they’re flushing money down the toilet — that’s not how the dot-com bubble played out. We shorted that bubble back then and turned a decent profit,” Loeb stated, adding he does not see a valuation bubble forming in AI right now.
He cites Anthropic as a key example supporting his optimistic outlook: the AI startup’s latest financing round values it at $965 billion, up from $380 bill
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