Today
2025/05/16

Ethereum researcher: Compared to Bitcoin, it is more difficult to launch a 51% Attack on Ethereum.

Ethereum researcher Justin Drake pointed out that the cost of attacking Ethereum is much higher than that of attacking Bitcoin, and the PoS mechanism along with community coordination provides additional security guarantees. The community is able to identify and punish attackers, which is an advantage that the PoW mechanism does not possess. The founder of Lightblocks also believes that the security of Ethereum relies not only on cryptography and protocol rules but also on the coordination mechanism of the community.
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Weining Health: Internal transfer of 31.6847 million shares by concerted parties

Jin10 reported on May 16 that Weining Health announced that the shareholder and director Liu Ning's concerted actor, Tongyi private sale fund product, holds 31.6847 million shares of the company, accounting for approximately 1.43% of the company's total share capital. The Tongyi private sale fund product plans to transfer all its held company shares to Liu Ning's spouse, Hou Minghua, through Block Trading within 3 months after 15 trading days from the date of the announcement. This transfer constitutes an internal shareholding change of a member of the concerted action of the company's shareholders. The total number and proportion of shares held by Liu Ning and his concerted actors have not changed, and it does not involve a reduction in holdings in the market.
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Jiejia Weichuang: The actual controller and its concerted parties plan to reduce their holdings by no more than 2.28% of the company's shares.

Jin10 data reported on May 16th that Jiejiayichuang announced in the evening that the company's controlling shareholder and one of the actual controllers, Yu Zhong, plans to reduce his holdings in the company by no more than 1.734 million shares (accounting for 0.5% of the company's total share capital) through Block Trading. The company's controlling shareholder and one of the actual controllers, Liang Meizhen's concerted actor, Jiang Zeyu, plans to reduce his holdings in the company by no more than 968,000 shares (accounting for 0.28% of the company's total share capital) through centralized Bidding, and to reduce his holdings in the company by no more than 5.203 million shares (accounting for 1.50% of the company's total share capital) through Block Trading.
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Grayscale withdrew 13,070 ETH, worth over 34 million USD.

Odaily News According to Arkham monitoring, about 2 minutes ago, Grayscale transferred 13,070 ETH, worth 34.05 million USD, to two unknown Addresses through its Ethereum exchange-traded fund.
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Glassnode: The implied volatility of Bitcoin call options has risen, significantly enhancing bullish sentiment in the market.

BlockBeats news, on May 16, Glassnode stated that the implied volatility of Bitcoin call options has surpassed that of put options. This change indicates a rise in market bullish sentiment, with traders more inclined to bet on price increases rather than hedge against downside risks—this is a risk preference signal supporting a bullish trend for Bitcoin.
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Kanglong Huacheng: Xinchong Kangcheng plans to reduce its holdings by no more than 1.50% of the company's shares.

Kanglong Huacheng announced that its shareholder, Xinchong Kangcheng, who holds more than 5% of the shares, plans to reduce its holdings by no more than 26.6729 million shares, accounting for 1.50% of the company's total share capital, within 3 months after 15 trading days from the announcement date, through centralized Bidding or Block Trading.
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Data: This week, on-chain activity of Ethereum has risen significantly, with network fees pumping by 160%.

ChainCatcher news, Sentora (formerly IntoTheBlock) stated that due to a significant rise in on-chain activity, the total fees for Ethereum rose by 160% this week.
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Bubblemaps: Eric Trump, the second son of Trump, is suspected of being involved in an eyewash with his themed Token.

Odaily News Solana's memecoin launch platform Pump.fun has launched a new Meme coin themed after Eric Trump, the second son of Trump, which has risen over 6,200% in the past 24 hours, raising alarms in the encryption community. Blockchain data platform Bubblemaps posted on X platform, warning about Eric Trump, the second son of Trump.
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Bloomberg analyst: Whiskey maker Heritage accepts Bitcoin payments, a smart strategy.

Odaily News Eric Balchunas, a senior ETF analyst at Bloomberg, stated in a post on the X platform that the whiskey manufacturer Heritage accepts Bitcoin payments and deposits the profits into the company's treasury, which is a smart strategy. If a company plans to create a Bitcoin reserve, it might as well acquire Bitcoin by accepting Bitcoin payments, thereby increasing sales by allowing loyal Bitcoin supporters to purchase your products, as your company accepts Bitcoin.
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A Whale Address bought 8613 ETH with leveraged go long on ETH, with a liquidation price of approximately 1399 USD.

PANews May 16 news, according to Ai Yi monitoring, Whale Address 0x348…a40b4 used leveraged circular buying to acquire 8,613 ETH in the past hour, with a total value of approximately $22.43 million, and an average purchase price of $2,612.33. Currently, this address has used all ETH for collateral, borrowing 10 million USDT, with a health ratio of 1.86. If ETH falls to $1,399, liquidation will be triggered.
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Viewpoint: ETH rise is dominated by short positions covering, not driven by new long positions.

PANews, May 16 - Sui Chung, CEO of cryptocurrency index provider CF Benchmarks, stated that the recent rise in ETH is primarily driven by short positions being covered, rather than institutions establishing new long positions. The annualized basis for CME Ethereum futures remains in the range of 6%-10%, indicating a lack of leveraged long momentum in the market. Additionally, the US Spot ETH ETF has only recorded net inflows on ten trading days over the past four weeks, with only one instance exceeding $100 million in a single day. Chung noted that this round of rise reflects more of a risk aversion and position adjustment, rather than new market demand.
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Jinhe Biology: Jinhe Holdings plans to reduce its stake in the company by no more than 3%.

On May 16, Jinhe Biology announced that the controlling shareholder Jinhe Holdings plans to reduce its holdings of the company's shares by no more than 22,563,400 shares, that is, no more than 3% of the company's total share capital, through centralized bidding transactions and block transactions from June 10, 2025 to September 9, 2025. Among them, no more than 7,521,100 shares were reduced through centralized bidding, accounting for 1% of the total share capital; No more than 15,042,300 shares were reduced through block trading, accounting for 2% of the total share capital. The reason for the reduction is to repay the pledged debt, and the price of the reduction will be determined according to the market price.
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Fenda Technology: Controlling shareholder解除stake 46.47 million shares

Jin10 data reported on May 16th, Fenda Technology announced that the 46.47 million shares held by its controlling shareholder, Mr. Xiao Fen, have been released from stake, accounting for 16.56% of his holdings and 2.59% of the company's total share capital. This release of stake will not result in a change of the company's actual control and will not have a substantial impact on the company's production, operation, and governance.
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Analysis: The rise of Ethereum is due to short positions covering rather than bullish sentiment.

The rise in Ethereum prices is mainly driven by short positions covering, rather than new bullish bets in the market. The low basis of CME Ethereum futures and the lack of inflows into Spot ETFs indicate that the rise lacks new demand and institutional support.
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CF Benchmarks: The Ethereum Bear Market Has Ended

Odaily News CF Benchmarks CEO Sui Chung stated that the recent rise in Ethereum prices is mainly driven by short positions covering, rather than new long positions getting on board. He pointed out that the CME Ethereum futures premium remains low, and there has been no significant influx of funds into US-listed spot Ethereum ETFs, indicating that the current rise is more due to traders closing short positions rather than active positioning by institutional investors. (CoinDesk)
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The Federal Reserve's Bostic: Due to uncertainty, a rate cut is expected once this year.

ChainCatcher news, The Federal Reserve (FED) Bostic stated that due to uncertainty, a rate cut is expected once this year. This year's economic growth rate may be 1% or 0.5%. Economic growth is expected to slow down, but I believe there will not be a recession. (Jin10)
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Data: clUSDL stablecoin TVL surpasses 100 million USD

DeFiLlama data shows that Coinshift's stablecoin clUSDL, launched only 4 months ago in January this year, has reached a TVL of $100 million. The market demand for fiat-pegged assets that provide passive income through DeFi protocols is rising. clUSDL is built on Ethereum, earning returns through on-chain lending and U.S. Treasury bonds, based on the USDL issued by Paxos.
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Data: An unknown Wallet transferred 24,496 ETH to Ceffu, valued at approximately 63.82 million USD.

ChainCatcher news, according to Whale Alert monitoring, an unknown Wallet transferred 24,496 ETH to the Crypto Assets custody service provider Ceffu, worth approximately 63.82 million USD.
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The Trump family's encryption project WLFI refutes the investigation by U.S. senators into the relationship between USD1 and Trump.

The Trump family's encryption project World Liberty Financial responded to the U.S. senator's investigation into its stablecoin, stating that it has political motives and emphasizing the transparent operation of the USD1 stablecoin, which complies with regulations. The company stated that its connection with the Trump family is independent and that its investments are compliant. (Summary length: 52 characters)
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Ukrainian President's Office Director: This Russia-Ukraine negotiation will not be related to three years ago.

The head of the Ukrainian President's Office stated that Russia is attempting to link the ongoing negotiations with those of 2022, but emphasized that the only similarity between the two negotiations is the location of Istanbul. The effort to associate the current negotiations with those of 2022 will not succeed. Although there are differences in the fifth round of Russia-Ukraine negotiations, there is a close agreement on key issues, with the Russian side promising to reduce military actions and the Ukrainian side proposing a neutral status. However, the negotiations were interrupted in April of this year.
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Rumors of assassination continue as South Korean presidential candidate Lee Jae-myung gives a speech behind bulletproof glass.

On May 16, South Korea's presidential election is approaching, and rumors continue that Lee Jae-myung, the presidential candidate of the Democratic Party of Korea, the largest opposition party, is facing assassination threats. Lee Jae-myung's campaign team said on the 16th that it would equip his speeches with bulletproof glass from next week to deal with the "terrorist threat." Voting in South Korea's 21st presidential election is scheduled to be held on June 3, and the campaign for candidates to canvass for votes was officially launched on May 12. According to South Korean media reports, there have been recent rumors that Lee Jae-myung is facing a security threat and that an assassination attempt has been carried out against him. As a result, the Democratic Party of Japan (DPK) has asked the police to step up security for Lee Jae-myung.
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Anthropic: Claude now supports mobile web and Google Workspace research.

PANews, May 16 news, Anthropic's official X account announced that Claude now supports web and Google Workspace content research on mobile, capable of generating comprehensive reports with hundreds of source citations.
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PitchBook: It is expected that the financing scale of encryption startups will reach $18 billion by 2025.

In 2025, cryptocurrency startups are expected to attract about $18 billion in venture capital, a 50% rise compared to 2024. PitchBook believes that macroeconomic stability, increased institutional adoption, and the return of ordinary venture capital investors will drive this growth. Cryptocurrency projects have raised $7.4 billion in 2025, with six projects raising nearly $35 million this week, indicating an increase in market activity.
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Debang Co., Ltd.: Plans to repurchase company shares for 75 million to 150 million yuan.

Jin10 reported on May 16 that Debang Co., Ltd. announced its plan to repurchase company shares through centralized Bidding, with a total repurchase amount not less than RMB 75 million and not exceeding RMB 150 million. The repurchase price will not exceed RMB 16.00 per share. The repurchased shares will be used for cancellation and reduction of registered capital. The repurchase period is within 12 months from the date of approval by the shareholders' meeting.
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Multiple kidnapping incidents involving encryption individuals in France have raised community concerns about the security of the Cannes ETHCC conference.

Odaily News Recent incidents of kidnappings targeting crypto assets individuals have occurred in France, causing concern in the crypto community about the safety of the upcoming Cannes ETHCC conference. It is reported that the leader of the "Whale Hunting Squad", KOL @Cbb0fe, has clearly stated that considering the recent kidnappings of crypto assets individuals in France, he will definitely skip this year's ETHCC in Cannes. "The risk-reward is absolutely terrible; it's safer to stay at home and trade crypto assets."
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The Hong Kong brand DayDayCook has purchased 100 BTC.

Golden Finance reported that the Hong Kong food consumption brand DayDayCook (DDC) announced on May 15 the implementation of a Bitcoin reserve strategy, having immediately purchased 100 Bitcoins worth approximately $10.4 million. According to CEO Zhu Xiaoying's shareholder letter, the company plans to accumulate 5,000 BTC over the next 36 months, aiming to reach 500 by the end of 2025.
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Weak U.S. inflation data is seen as a contradictory factor in the U.S. bond market.

Jin10 data May 16 news, LBBW senior fixed income analyst Elmar Voelker said in a report that from the perspective of participants in the U.S. bond market, the weak inflation data has sent a contradictory signal. This data supports the recent recovery of U.S. economic confidence, but the consumer price data has also suppressed concerns about rampant Inflation. Therefore, in terms of Inflation itself, it has temporarily limited the possibility of further bearish sentiment on bonds. Thus, the risk of continued rise in U.S. Inflation is clearly not the focus of investor concerns.
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Guanghui Energy: The controlling shareholder Guanghui Group intends to transfer 15.03% of the company's shares.

Guanghui Energy announced that Guanghui Group will transfer approximately 15.03% of its shares in Guanghui Energy to Fude Life Insurance and Fude Financial Holdings through a protocol transfer, with a transfer price of 6.35 yuan/share, totaling approximately 6.2 billion yuan. After the transfer, Guanghui Group will still hold 20.06% of Guanghui Energy shares, and its control will not be affected.
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Initia: 93% Airdrop Token has been claimed, currently about 3.4 million INIT awaiting claim.

Odaily News Initia announced on the X platform that there are eight days left until the airdrop claim deadline. So far, 93% of the airdrop tokens have been claimed, but there are still about 3.4 million INIT tokens waiting to be claimed.
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Bill Gates: Reducing holdings in Berkshire Hathaway before Buffett retires

Jin10 data May 16 news, Bill Gates' first quarter investment portfolio shows that the top three Holdings are Microsoft, Berkshire Hathaway, and Waste Management. The portfolio includes both high-tech and value investments as well as essential services, reflecting his emphasis on investment diversification. It is worth noting that Gates slightly reduced his stake in Berkshire Hathaway in the first quarter, which may indicate his concerns about the company's prospects after Buffett's retirement.
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*ST Kexin: Removal of delisting risk warning, abbreviation changed to Kexin Development

Jin10 data reported on May 16 that ST Kexin announced that the company's audited net profit before and after deducting non-recurring gains and losses for the fiscal year 2023 is negative, and the operating income after deducting business income unrelated to the main business and income that lacks commercial substance is less than 100 million yuan, resulting in a delisting risk warning. In the fiscal year 2024, the company achieved an operating income of 375 million yuan, and the net profit attributable to the parent company's owners was 39.977 million yuan, meeting the conditions for the removal of the delisting risk warning. The company's stock will be suspended for one day on May 19, 2025, and the delisting risk warning will be lifted starting from May 20, with the stock name changed to Kexin Development.
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U.S. media: The U.S. submitted a nuclear agreement proposal to Iran.

On May 16, Jin10 reported, according to AXIOS: A U.S. official and two other sources stated that the U.S. submitted a nuclear agreement proposal to Iran. This is the first written proposal made by White House envoy Wietekov to Iran since the nuclear talks began in early April.
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*ST Aonong: Cancellation of delisting risk warning and other risk warnings. Stock suspended for one day.

Jin10 data reported on May 16th that ST Aonong announced on the evening of May 16th that due to the company's cancellation of the delisting risk warning and other risk warnings, the company's stock will be suspended for one day on May 19, 2025, and will resume trading on May 20, 2025. Starting from May 20, 2025, the company's stock abbreviation will change from "ST Aonong" to "Aonong Biotechnology", while the stock code "603363" will remain unchanged, and the daily rise and fall limit for the stock price will change from 5% to 10%.
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Kremlin: Putin is kept informed of the progress of negotiations in real-time.

Jin10 Data, May 16 - According to the International News Agency, Kremlin spokesman Dmitry Peskov stated that the Russian negotiating team in Istanbul maintains ongoing communication with President Putin, who will receive all relevant information in real-time. Peskov indicated that all necessary information communication channels have been established between the negotiating team and the "center."
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Iran is negotiating with three European countries in Turkey.

Jin10 reported on May 16 that today (May 16) at noon local time, representatives from Iran and the UK, France, and Germany held nuclear issue negotiations in Istanbul, Turkey. The main agenda of this negotiation is to continue discussions with the three European countries on nuclear issues and topics related to indirect negotiations between Iran and the United States. Currently, the delegations from the three European countries have arrived at the Iranian Consulate General in Istanbul.
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The yield on the 30-year U.S. Treasury bond may exceed 5%.

Jin10 reported on May 16 that Mark Dowding, Chief Investment Officer of BlueBay Asset Management, stated in a report that he believes there is room for the 30-year U.S. Treasury yield to break above 5%. This would partially reflect the waning concerns about a recession, but also show bond investors' worries about the U.S. budget. BlueBay considers a 10-year U.S. Treasury yield around 4.5% to be reasonable, but it could rise to higher levels. The risk of longer-term Treasury yields rising is greater.
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