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The crypto market is broadly rising, with the SocialFi sector leading up over 13%, and BTC breaking through $81k.
Odaily Planet Daily Report, May 6 — According to SoSoValue data, the entire crypto market sector experienced a rally across the board, with 24-hour gains generally around 2% to 10%. Among them, the SocialFi sector led the 24-hour increase with 13.70%. Within the sector, Toncoin (TON) and Chiliz (CHZ) rose by 15.77% and 6.15%, respectively. At the same time, Bitcoin (BTC) increased by 1.40%, breaking through $81k; Ethereum (ETH) rose by 0.52%, approaching the $2,400 mark.
Notably, MAG7.ssi increased by 1.73%, DEFI.ssi increased by 3.95%, MEME.ssi increased
BTC0.74%
TON14.26%
CHZ4.41%
ETH-0.29%
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KAIO will conduct TGE today
Odaily Planet Daily News: RWA Tokenization Protocol KAIO announced on the X platform that the TGE will take place today.
Earlier news, KAIO revealed its tokenomics model, with a total supply of 10 billion tokens, community and liquidity incentives accounting for 37.5%, the largest allocation; the team and early investors' tokens are subject to lock-up and phased release mechanisms, with no initial release at TGE, and the foundation allocation accounting for 17% for long-term ecosystem development.
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South Korea's KOSPI Index surges 6.00% intraday, currently at 7,353.86 points
Odaily Planet Daily News reports that, according to Gate Data, the South Korean KOSPI Index surged 6.00% intraday, currently at 7,353.86 points.
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The CSI Sci-Tech Innovation 50 Index's increase has expanded to 7%, approaching a historical high
Odaily Planet Daily News: The A-shares STAR Market 50 Index's increase has expanded to 7%, approaching a historical high, with Haiguang Information rising over 19%, Cambrian rising nearly 10%, all continuing to hit new highs. (Jinshi)
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Anthropic CEO: Some software companies will completely disappear; technological complexity is no longer a moat.
Anthropic CEO Dario Amodei stated at The Briefing event that companies can no longer rely on software complexity as a moat to fend off competition. If the moat comes from difficult-to-replicate software complexity, the advantage is fading. The future of SaaS companies remains uncertain, with individual companies potentially experiencing declines in market value, bankruptcy, or disappearance, depending on how quickly they adapt. Companies that can identify and pivot in time may perform better; those that ignore change or fail to respond adequately will face serious consequences.
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SlowMist Cosine: Ekubo contract has been maliciously exploited, with users already losing 17 WBTC tokens
SlowMist discloses that the Ekubo contract was maliciously exploited due to users granting long-term authorization for related tokens. Attackers called payCallback to invoke transferFrom, transferring victims' funds into Ekubo Core, then withdrew them through the withdrawal process to the attackers. A total of 85 times, each time 0.2 WBTC, resulting in 0x765DEC losing 17 WBTC. Users are advised to check and revoke the following authorizations as soon as possible (V2/V3: 0x8ccb1ffd5c2aa6bd926473425dea4c8c15de60fd, 0x4f168f17923435c999f5c8565acab52c2218edf2, Arbitrum V3: 0xc93c4ad185ca48d66fefe80f906a67ef859fc47d).
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WBTC0.55%
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An address holding SKYAI positions made over $450k in profit in one month, with remaining position value of approximately $125k.
Monitoring shows that SKYAI's price has risen from $0.073 in the past month to $0.80, an increase of about 10 times. In June last year, an address bought 1.03M tokens with 49k USDT, at an average price of about $0.048. After the price increased, the address sold 873k tokens in recent days, totaling approximately $372k, with an average price of about $0.426. Currently, it still holds 158k tokens, with a market value of about $125k.
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SKYAI25.32%
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ArcNova completes $15 million funding to build AI short drama infrastructure ecosystem
ArcNova announces the completion of $15 million in funding, with investors including Adaverse Ventures, Animoca Brands, Liquid Capital, Redline Labs, and Waterdrip Capital. The company focuses on AI-native film and television infrastructure, concentrating on AI short dramas, and is committed to building the next-generation AI short drama and entertainment ecosystem through AI content generation, digital actors, content distribution, and ecosystem incentives.
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10xResearch: Most traders are still on the sidelines, with early Bitcoin bulls leading by about 10%
10x Research states that despite Bitcoin's trading volume being relatively low and the funding rate being negative, some early traders have already positioned themselves in advance and gained about 10% returns. They believe that the bear market is not triggered by a single news event, but rather due to improved indicators, changing risk-reward ratios, and most participants not yet entering the market. The institution turned bullish a month ago, with sentiment improving but positions not fully aligned, emphasizing that risks still exist in the market and proper hedging and enhanced position management are necessary.
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BTC0.74%
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Whale opens a short on BTC with 40x leverage, approximately $20.32 million, liquidation price $82,236
Odaily Planet Daily News reports that, according to Lookonchain monitoring, after address 0x128e deposited $499.9k USDC into HyperLiquid, they opened a short position of 250 BTC, with a position value of approximately $20.32 million, a leverage of 40x, and a liquidation price of $82,236.61.
BTC0.74%
USDC-0.01%
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JPMorgan Chase CEO: In the long term, investing up to $1 trillion in data centers makes sense
Odaily Planet Daily News reports that JPMorgan Chase CEO Jamie Dimon stated at the event The Briefing hosted by Anthropic yesterday that investing up to one trillion dollars in data centers "is meaningful" in the long term. These expenditures not only include the data centers themselves but also cover chips, cables, and hardware. Technology ultimately tends to bring returns, just not in a straight line. (FT)
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Polymarket "Strategy to sell Bitcoin by the end of the year" probability briefly rises to 40%, up 29% in 24 hours
Odaily Seer Prophet Channel monitoring shows that Polymarket’s “Strategy to sell Bitcoin before December 31, 2026” probability briefly rose to 40%, up 29% over the past 24 hours.
This event is mainly determined based on official information from MicroStrategy and on-chain data, and it will also refer to consensus reporting from mainstream media. At present, the market remains focused on MicroStrategy’s Bitcoin holdings strategy and Michael Saylor’s recent remarks about “possibly selling some Bitcoin to pay dividends.”
Odaily previously reported that Michael Saylor said there is a possibility of selling part of his Bitcoin holdings to pay dividends, to demonstrate to the market that the strategy is feasible.
Odaily Seer continues to monitor the Prophet Channel.
BTC0.74%
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Ekubo Protocol: Security risk detected in the swap routing contract on EVM chains; users are advised to revoke contract permissions.
Odaily Planet Daily reports that the Ekubo Protocol official announced on the X platform that there is an active security incident involving the Ekubo exchange router contract on the EVM chain, with the impact limited to the EVM chain; LP is unaffected; Starknet is unaffected. The official is investigating the scope of the issue, but for safety reasons, users are advised to revoke all authorizations.
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Meta is developing a personalized AI assistant, or supporting users in creating autonomous agent robots.
Odaily Planet Daily News reports that Meta is developing a highly personalized AI assistant to help users manage daily tasks. Sources reveal that the project includes an advanced digital assistant powered by Meta's newly launched Muse Spark AI model, which is currently being tested among internal employees.
Other reports suggest that Meta's goal is to create a product similar to OpenClaw, allowing users to create AI robots called "agents" that can autonomously perform tasks. (Financial Times)
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Anonymous whale who lost $55 million sues Coinbase, accusing it of refusing to return stolen funds
An anonymous crypto whale residing in Puerto Rico sues Coinbase, claiming it refused to return funds stolen in the 2024 hacking incident. This case is highly similar to the over $55 million DAI stolen in August 2024. The plaintiff states that after a phishing attack, multiple on-chain investigation firms were hired to trace the flow of funds, ultimately pinpointing Coinbase accounts. Coinbase states that the funds were frozen for investigation in early December 2024 but can only be released with a court order, and have not been returned to date.
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