Data: Web3 social application Towns has over 400,000 total users, with over 200,000 token holders

May 11 — More than 40 countries will hold a meeting Monday to discuss an escort mission led by the UK and France, aimed at protecting ships crossing the Strait of Hormuz once a stable ceasefire is in place. The nations are expected to contribute capabilities like mine clearance, escort operations, and aerial patrols. UK Defense Secretary Healey said, “We’re turning diplomatic agreements into concrete military plans to restore confidence in shipping through the Strait of Hormuz.” He will co-chair Monday’s meeting with French Defense Minister Vautrin. The UK will deploy its HMS Dragon destroyer to take part in the mission. Previously, Trump criticized the UK and other NATO allies for being unwilling to deploy naval forces to help restore navigation in the Strait of Hormuz. He also specifically took aim at the UK for proposing to send aircraft carriers long after the U.S. actually needed them, mocking the carriers as “toys.”

On May 11, Bitget market data shows South Korea’s KOSPI index continued rising, pushing the country’s stock market total capitalization above the 70 trillion won mark for the first time ever.

On May 11, per market data from GMGN (link: https://gmgn.ai/base/token/i_m4TE56o8_0x3722264aB15a1dfCe5a5af89e6547F7949A8ABA3), LFI—the token of Base layer real-world asset (RWA) project LienFi—has surpassed a $10 million market capitalization, hitting an all-time high of $10.36 million with a 24-hour gain of 61.2%. The project states it was developed by a team from one of the largest property tax lien hedge funds in the U.S., aiming to tackle the operational friction and steep knowledge barriers ordinary investors encounter when seeking to access property tax lien benefits.

May 11 — Bitcoin’s push above $82,000 has triggered a notable weakening of bearish sentiment across major centralized (CEX) and decentralized (DEX) exchanges, per data from Coinglass. BlockBeats Note: Funding rates are fees set by crypto exchanges to keep perpetual contract prices aligned with the underlying asset’s spot price. They facilitate fund transfers between long and short traders — exchanges do not collect these fees directly. The mechanism adjusts traders’ holding costs or profits to narrow the gap between contract and spot prices. A 0.01% funding rate acts as the baseline: rates above 0.01% signal broadly bullish sentiment, while rates below 0.005% indicate a generally bearish market mood.

On May 11th, per alternative data, today’s cryptocurrency Fear & Greed Index stands at 48 (yesterday’s reading was 47), with market sentiment remaining “Neutral.” Note: The Fear & Greed Index spans 0–100 and includes these indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin Dominance (10%) + Google Trends Analysis (10%).

Per monitoring from Dynamic Beating, Bloomberg reports that NVIDIA has named Suzanne Nora Johnson—former vice chairman of Goldman Sachs—to its board, adding a senior executive with experience in both finance and philanthropy. In a statement, NVIDIA said the appointment will take effect July 13, expanding its board to 11 members. The company noted Johnson is expected to serve on the audit committee following her joining. At 68, Johnson has held multiple key roles at Goldman Sachs, including overseeing the firm’s research business and leading its global healthcare division.