Today
2025/05/13

In the past 24 hours, the total liquidation across the network was $503 million, mainly from long orders.

PANews, May 13 news, Coinglass data shows that in the past 24 hours, the total liquidation in the crypto assets market reached 503 million USD, with long orders getting liquidated for 372 million USD and short orders for 132 million USD. The total amount liquidated for BTC is 118 million USD, and for ETH it is 124 million USD.
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Missed 7x returns, traders panic stop loss resulting in a loss of 800,000 USD.

PANews May 13 news, according to Lookonchain, a trader bought 45 million LAUNCHCOIN for about $828,000 three months ago, but after the token fell more than 90%, he only sold it for $29,000, incurring a loss of nearly $800,000. If he had held on until now, his Holdings would be worth about $8.2 million, which could have realized a profit of $7.3 million.
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Sophon achieves EVM equivalence, fully compatible with the zkSync core development toolchain.

According to ChainCatcher news and official reports, Sophon has inherited the core technology developed by The Matter Labs for zkSync, officially achieving EVM equivalence. This means that developers can deploy contracts using regular EVM tools without needing to adapt to additional tools. The official stated that if the enhanced features provided by Sophon EraVM are not used, standard EVM contracts can be directly deployed. This update will improve development efficiency, help more high-quality applications land, and truly create value for end users.
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CZ: BNB Chain is a public blockchain where anyone can deploy smart contracts.

PANews, May 13 news, CZ stated in a post that he welcomes the RWA project Securitize and VanEck to deploy the tokenized US Treasury bond fund VBILL on the BNB Chain, emphasizing that the BNB Chain is a public blockchain where anyone can deploy smart contracts, not a private platform. Previously, Securitize announced that it has integrated BNB Chain to expand the accessibility and infrastructure efficiency of tokenized securities.
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NATO conducts large-scale military exercises in Finland

Jin10 Data reported on May 13 that large-scale military exercises held by Finland, Sweden, and the UK commenced on May 12 in Finland, with an expected participation of 6,500 soldiers. Russian military experts stated that NATO's continuous expansion of military exercises poses a threat to Russia, which needs to respond appropriately.
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SNS on-chain opening price is temporarily reported at 0.004 USD

BlockBeats news, on May 13, according to GMGN market data, SNS (sns.sol) opened on-chain at approximately 0.004 USD, with a market capitalization of 40 million USD.
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sns.sol has opened for Airdrop claims

BlockBeats news, on May 13, the Solana domain service provider sns.sol (formerly Bonfida) announced on social media that it has opened Airdrop claims. The total amount of this Airdrop is 2 billion SNS, and the claim deadline is August 11.
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Hyperliquid: SOL and FARTCOIN deposits, withdrawals, and spot trading are now open.

According to BlockBeats news, on May 13, Hyperliquid announced on social media that it has opened SOL and FARTCOIN deposits, withdrawals, and spot trading.
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The new Canadian government has sworn in.

On May 13, Jin10 reported that on May 13 local time, Canadian Liberal Party leader and current Prime Minister Mark Carney led the new cabinet in taking the oath of office at the Governor General's residence in the capital city of Ottawa.
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SpaceComputer completed Pre-Seed round financing led by Primitive Ventures to build a space encryption system.

SpaceComputer has completed a Pre-Seed funding round, with investors including Primitive Ventures. The company builds encryption systems using satellites to resist physical damage and cyber attacks, launching the ctRNG product that generates true random numbers using space entropy. Investors include Loi Luu, Sandeep Nailwal, and Meltem Demirors.
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Microsoft will lay off 3% across the board, potentially affecting thousands of employees.

Microsoft announced a global layoff of 3%, which will affect thousands of employees. The company stated that the layoffs are necessary to implement essential organizational changes for success and are unrelated to performance. This will be the largest layoff action since 2023, reflecting the company's optimism in the good financial report and quarterly forecast released at the end of April.
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Both India and Pakistan claim "victory"; Pakistan sets a day of commemoration, while India enters a 10-day celebration period starting today.

Pakistan and India announced a ceasefire on the 10th, with both leaders portraying the conflict as a victory. The Pakistani Prime Minister designated May 10th as "Truth War Day," while the Indian Prime Minister claimed a decisive victory. India has entered a 10-day celebration period, during which Modi is touring the military to offer condolences and give speeches, with activities continuing until May 23.
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NVIDIA rises over 5%. Saudi AI company Humain claims it will build an artificial intelligence factory with NVIDIA in Saudi Arabia.

PANews May 13 news, NVIDIA (NVDA.O) rose over 5%. Saudi artificial intelligence company Humain announced it will collaborate with NVIDIA to build an artificial intelligence factory in Saudi Arabia.
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The United States and Saudi Arabia signed a $142 billion defense protocol.

On May 13, Jin10 reported that the White House stated that during Trump's visit to Saudi Arabia, the United States and Saudi Arabia signed a nearly $142 billion defense protocol on Tuesday, providing Riyadh with the most advanced equipment and services from American companies. The White House mentioned in a briefing that this defense protocol is part of Saudi Arabia's commitment to a $600 billion investment in the United States. The protocol also includes a total export of $14.2 billion for General Electric gas turbines and energy solutions, and a total export of $4.8 billion for Boeing 737-8 passenger aircraft.
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@traderpow insists on holding the Token LAUNCHCOIN which has fallen 99%, with unrealized gains exceeding 2.5 million dollars after 3 months.

Odaily News On-chain trader @traderpow bought 17.66 million LAUNCHCOIN three months ago for 1,466 SOL (about $367,000), and despite the token once experiencing a big dump of nearly 99%, he chose not to sell. Recently, LAUNCHCOIN's market capitalization exceeded $150 million, and his holdings have now appreciated to about $2.7 million, with unrealized gains exceeding $2.5 million, yielding 6.35 times.
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Yuga Labs sold the intellectual property of CryptoPunks to The Infinite Node Foundation.

BlockBeats news, on May 13, Yuga Labs sold the intellectual property of CryptoPunks to The Infinite Node Foundation.
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White House: Google, DataVolt, Oracle, Salesforce, AMD, and Uber have committed to investing $80 billion in the United States and Saudi Arabia.

PANews May 13 news, the White House: Google, DataVolt, Oracle, Salesforce, AMD, and Uber have committed to investing $80 billion in the United States and Saudi Arabia. Saudi DataVolt will continue to advance the planned $20 billion investment, focusing on the construction of artificial intelligence data centers and energy infrastructure in the United States.
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Barclays postpones the Federal Reserve (FED) rate cut expectations to December.

According to ChainCatcher news and Jin10 reports, Barclays expects the Federal Reserve (FED) to cut interest rates in December, previously anticipated for July.
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Bank of America: Saudi Aramco can quickly increase oil production at a low cost.

On May 13, Jin10 reported that Bank of America analysts wrote that Saudi Aramco is able to rapidly increase oil production at limited additional costs. During an analyst conference call on Monday, Saudi Aramco stated that the company could increase its daily oil production from the current approximately 9.4 million barrels to about 12 million barrels within a few weeks at a limited cost. Analysts estimate that for every additional 1 million barrels per day, operating cash flow would increase by $12 billion.
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JPMorgan: Expects the Federal Reserve (FED) to cut interest rates in December, previously expected in September.

According to ChainCatcher news, Jin10 reported that JPMorgan stated the risk of a U.S. economic recession has now fallen below 50%. The Federal Reserve (FED) is expected to cut interest rates in December, previously anticipated for September.
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MIRAI: The refund has been completed.

BlockBeats news, on May 13, on-chain virtual human MIRAI announced that the refunds have been completed. 50% of the 76,831 SOL raised has been refunded to users, and any funds sent after block 339081946 have also been fully refunded.
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Trump signed an economic cooperation protocol with the Saudi Crown Prince.

On May 13, Jin10 reported that U.S. President Trump and Saudi Crown Prince Mohammed bin Salman signed a strategic economic partnership protocol. The protocol was signed in Riyadh, the first stop of Trump's visit to the Middle East, covering the fields of energy, mining, and defense. The primary task of Trump's visit is to secure billions of dollars in investment deals, rather than addressing security issues in the Middle East. After hosting an investment forum between Saudi Arabia and the U.S. in Riyadh, Trump will visit Qatar tomorrow and the UAE on Thursday.
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Zelensky: Only face-to-face talks with Putin can bring peace.

Ukrainian President Zelensky expressed hope for face-to-face negotiations with Russian President Putin in Istanbul for an unconditional 30-day ceasefire. He accused Putin of being "afraid" of the meeting and stated that if negotiations do not take place, there will be harsh sanctions. Zelensky emphasized that only direct dialogue with Putin can ensure a ceasefire and end the war, and he invited Trump to attend the meeting, but it has not yet been confirmed.
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Investors' Holdings of LAUNCHCOIN appreciated from $367,000 to $2.7 million over three months.

According to the Gate.io News bot, trader @traderpow invested 1,466 SOL (approximately $367,000) three months ago to purchase 17,766,000 LAUNCHCOIN (PASTERNAK) Tokens. Despite the fact that the Token subsequently fell by about 99%, @traderpow still chose to hold on. As the market value of LAUNCHCOIN exceeds 150 million USD, the 17.66 million LAUNCHCOIN it holds is currently valued at 2.7 million USD.
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What does the April inflation report mean for The Federal Reserve (FED)?

Jin10 data May 13 news, "The Federal Reserve (FED) mouthpiece" Nick Timiraos: The Federal Reserve (FED) will have no reason to change its wait-and-see stance because of the inflation data from April. These numbers largely align with the expectations of forecasters closely tracking the Labor Department's measurement of inflation. If it weren't for the widespread increase in tariffs in April, the inflation data might have led the Federal Reserve (FED) to expect to resume interest rate cuts soon. However, the potential rise in costs in the coming months may cause the Federal Reserve (FED) to remain on hold until it can better assess whether the price increases are temporary.
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VanEck, in collaboration with Securitize, launches a tokenized government bond fund, entering the RWA sector.

VanEck has partnered with Securitize to develop a blockchain-based tokenized treasury fund, entering the crypto market. This move represents a Financial Institution once again venturing into the tokenization of assets. Specific details have yet to be announced, but it is expected to comply with U.S. securities regulations.
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Moonshot launches Noodle ($NOODLE) and gooncoin ($GOONC)

PANews May 13 news, Moonshot announced the launch of the new coin Noodle ($NOODLE) on the Solana chain. Its current market capitalization is approximately $14.6 million, with a 24-hour volume reaching $33.4 million. In addition, Moonshot also launched the new coin gooncoin ($GOONC) on the Solana chain. Its current market capitalization is approximately $27 million, with a 24-hour volume reaching $41.4 million.
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VanEck has launched the multi-chain government bond fund VBILL, with cross-chain support provided by Wormhole.

PANews May 13th news, VanEck, with Assets Under Management of $120 billion, launched its first tokenized treasury bond fund VBILL, which is now live on Solana, AVAX, BNB Chain, and Ethereum. VBILL is tokenized through Securitize and provides cross-chain interoperability via Wormhole, supporting 24/7 Liquidity and real-time Settlement, aiming to offer institutional investors an on-chain alternative based on U.S. Treasury yields.
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The on-chain Meme coin GOONC on Solana surpassed a market capitalization of 30 million USD within 12 hours of its launch.

BlockBeats news, on May 13th, according to GMGN market information, KOL Pata van Goon (@basedalexandoor) on platform X announced that the celebrity coin GOONC launched on the meme issuance platform Believe has surpassed a market capitalization of 30 million USD within 12 hours, currently reported at 32 million USD, with a transaction volume of 28.86 million USD. BlockBeats reminds users that meme coins have no actual use cases, and coin prices are highly volatile, so users should exercise caution.
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