The US Treasury Department Meets with Three Crypto Companies to Discuss Bitcoin Reserve Custody Solution

According to sources, BlackRock, Hillhouse Capital, and Temasek are set to serve as cornerstone investors in Auro Optoelectronics’ (Zhongji Chuangchuang) potential $8 billion Hong Kong IPO. Investment firms Sino-Pac Investment, JPMorgan Asset Management, Wellington Management Co., and Yunfeng Fund also plan to participate as cornerstone investors, with these investors expected to subscribe for nearly half of the shares. Auro Optoelectronics is scheduled to start accepting investor subscriptions as early as Wednesday, in what is poised to be Hong Kong’s largest stock offering in seven years. The base offering size is approximately $7 billion, though an over-allotment option could push the final size to $8 billion. Per Bitget market data, Auro Optoelectronics (300308.SZ) is currently the largest constituent of the CSI 300 Index. As a leading supplier of AI optical modules, its market capitalization and index weight have risen rapidly amid surging demand for AI infrastructure, and it is projected to surpass CATL to become the top-weighted stock in the CSI 300 Index between May and June 2026. Its core business covers optical communication devices and intelligent equipment, with products applied in cloud data centers, AI computing clusters, wireless communications, metropolitan area networks, and backbone networks.

Selini Capital has just requested to unstake 504,000 HYPE tokens, valued at $31.7 million. The address in question deployed the HIP-3 Dreamcash marketplace. Following the announcement of the marketplace’s closure, Selini is unstaking the HYPE tokens required for deploying and maintaining the platform, having earned nearly $20 million in profit from this "investment".

London Stock Exchange announced plans to launch an overnight trading service in 2027, allowing investors to trade outside regular market trading hours.

Michael Saylor, founder of Strategy, stated that attempting to modify Bitcoin rules solely due to disapproval of how others use Bitcoin is a statist impulse, contrary to the Bitcoin community’s core values of freedom, property rights, free markets, and Austrian economics principles. BIP-110 is essentially an attempt to enforce "monetary purity" through legal means, which is inconsistent with Bitcoin’s core concept of decentralization. On the 19th, Michael Saylor opposed BIP-110, arguing that its governance risks outweigh the problems it seeks to solve. He claimed the proposal attempts to restrict the use of currently valid, fee-paying transactions via consensus rules, which could elevate disputes over use cases like data storage to the protocol layer. BIP-110 would add seven consensus restrictions over its approximately one-year validity period, including limiting the length of new script public keys, the size of certain push data and witness items, and disabling some Taproot extension paths, among other measures. Saylor also listed 110 reasons to oppose BIP-110. He objected to the proposal’s 55% miner signaling threshold, noting it is significantly lower than BIP-9’s 95% standard, and that eliminating regular timeouts and FAILED states could increase coordination errors, chain splits, and market uncertainty. Saylor believes that tools such as block space fees, node relay policies, miner strategies, pruning, and Layer 2 solutions can address these issues without modifying consensus rules. He emphasized that even if the rules are only temporarily in effect, the governance precedent established could persist long-term, making "the proposed governance framework more dangerous than the problem itself."

Binance Alpha will launch its airdrop at 19:00 UTC+8 today, featuring a newly upgraded Alpha Box model. The airdrop pool consists of tokens from multiple projects. Users holding at least 256 Alpha points are eligible to claim one token reward on a first-come, first-served basis. A total of 15 Alpha points will be deducted for claiming the airdrop. Furthermore, the airdrop is structured with three reward tiers: Common (accounting for 80% of the reward pool), Rare (15%), and Ultra Rare (5%), each with a distinct Alpha Box value. During claim, the system will automatically assign users to one tier, and rewards will be distributed proportionally based on the tier. Should any rewards remain unclaimed, the point threshold will automatically drop by 5 points every 5 minutes.

According to market data from BIT (bit.com), Taiwan Semiconductor Manufacturing Company (TSM) gained over 3.5% in U.S. pre-market trading, following its earlier announcement of next year’s chip foundry price hikes. Earlier reports noted that TSMC plans to increase prices for both advanced and mature chip foundry services by up to 10% in 2027.