Trending news

ChainCatcher reported that a Swiss initiative to require the Swiss National Bank (SNB) to include Bitcoin in its official reserves has failed due to insufficient number of signatures. The initiative was originally planned to push for a change in the Swiss constitution to require the SNB to hold BTC reserves in addition to gold and foreign exchange reserves. According to the rules, the proponents were required to collect 100,000 valid signatures within 18 months to trigger a national referendum, but in the end only about half of the goal was completed, so it was decided to abandon the advance. Proponents have described Bitcoin as a "neutral reserve asset" and believe it can be a hedge against dollar and euro reserve risks. The US dollar and euro assets currently account for about three-quarters of the SNB's foreign exchange reserves. However, the SNB explicitly opposed the proposal last year, citing that Bitcoin's liquidity and volatility do not meet the central bank's reserve asset requirements.

According to ChainCatcher news, Binance released a research report stating that emerging market users have accounted for 77% of the platform's total users, up from 49% in 2020. The report pointed out that more and more users are using crypto exchanges for saving, payments, and investments, rather than just trading. Binance said that 1.3 billion adults worldwide still lack financial services, 4.7 billion adults do not have access to credit, and about 1.4 billion depositors in low-income countries do not receive interest income on their deposits. In this context, crypto platforms are filling the gap in traditional financial services. According to the report, about 36% of emerging market users allocate at least half of their assets to stablecoins, a phenomenon that Binance believes reflects that stablecoins are being treated as savings tools. It also pointed out that the cost of cross-border transfers for stablecoins can be as low as $0.0001 and can achieve near-instant settlement, which is more advantageous than the average cost of traditional SWIFT cross-border remittances exceeding $20.

According to ChainCatcher, "Copy Fail" is a recently exposed Linux kernel local privilege escalation vulnerability that has affected a large number of mainstream Linux distributions since 2017. Researchers say that after gaining regular user privileges, attackers can quickly gain the highest root privileges using about 10 lines of Python code. The U.S. Cybersecurity and Infrastructure Security Agency (CISA) has listed the vulnerability in the Exploited Vulnerabilities Directory (KEV). This vulnerability is attracting great attention in the crypto industry because a large amount of crypto infrastructure relies on Linux, including exchanges, validator nodes, mining pools, custodial wallets, and cloud trading systems. The analysis pointed out that once an attacker exploits the vulnerability to breach the relevant server, they may further steal private keys, control validator nodes, obtain administrator privileges, and even launch ransom attacks. Although the vulnerability itself does not directly affect the blockchain protocol, the underlying Linux system may still cause serious operational and financial risks to the crypto ecosystem after it is breached. Industry insiders also warn that with the enhancement of AI-assisted vulnerability mining capabilities, similar underlying security issues may be discovered and weaponized faster in the future, and the risk of the encryption industry's dependence on server and operating system security is rising.

Odaily Planet Daily News South Korea plans to impose a 22% tax on virtual asset gains of more than 2.5 million won from January next year, and officials have confirmed that the timeline will proceed as planned. The policy faces calls from the opposition for its repeal and the possibility of a delay. （Bitcoin News）

Ibrahim Aziz, chairman of the National Security and Foreign Policy Committee of the Islamic Parliament of Iran, warned on social media on the 9th that governments should not support the Iran-related agreement plan promoted by the United States, otherwise "it will have serious consequences." Aziz wrote on social media: "The Strait of Hormuz is a vital lifeline. Don't close the door to it (the Strait of Hormuz) with your own hands. (Xinhua News Agency)

ChainCatcher reported that an Ethereum OG address transferred all 52,170 ETH (approximately $120.61 million) to a new wallet 4 hours ago after 3 years of silence. The address had raised 42,572 ETH from Kraken six years ago, when the ETH price was only $246, with a total value of about $10.48 million.

According to data from the Hong Kong Stock Exchange, the total market value of the securities market was HK$48.0 trillion at the end of April 2026, up 24% year-on-year. The average daily turnover in April 2026 was HK$253.5 billion. The average daily turnover in the first four months of 2026 was HK$271.1 billion, up 8% year-on-year. The average daily turnover of ETFs in the first four months of 2026 was HK$39.1 billion, up 5% year-on-year. There were 49 new listed companies in the first four months of 2026, up 158% from 19 in the same period last year. The amount of funds raised by IPOs in the first four months of 2026 was HK$151.4 billion, an increase of 604% year-on-year. (Jin Shi)

Odaily Planet Daily News Senator Cynthia Lummis posted on the X platform that the United States will lead digital asset innovation.

According to ChainCatcher news, according to Arkham monitoring, Hyperunit whales transferred $180 million worth of ETH to Binance.

According to ChainCatcher news, Andre Cronje posted on the X platform that the annualized yield of USDC on the Sonic network has reached 5.11%, while the yield of USDT and ftUSD on Ethereum has reached 5.27%. Andre Cronje emphasized that this yield does not rely on token incentives, subsidies, or points systems, nor does it require revolving leverage, staking unlock periods, or exit queues, while supporting instant redemptions and liquidity. It said that DeFi is still far from its peak, and "there is still a lot of room for the on-chain world to explore and build." ”

According to ChainCatcher news, Bitcoin Treasuries.NET posted on the X platform that according to its latest monthly report, Strategy MSTR purchased 56,000 BTC in April, which is 28 times the combined purchase of all other listed companies during the same period.

As oil shipments in the Persian Gulf are disrupted due to the Iranian war, global oil inventories are being depleted at a record rate, which is eroding buffer reserves that would otherwise be used to withstand supply shocks. The rapid shrinking of inventories means that the risk of more extreme price spikes and supply shortages is getting closer. As the Strait of Hormuz approaches a two-month closure, governments and industries have fewer options to deal with the shock of more than 1 billion barrels of lost supply. The sharp depletion of inventories also means that even after the conflict ends, the market will remain vulnerable to future supply disruptions for a longer period of time. Morgan Stanley estimates that global oil inventories fell by an average of about 4.8 million barrels per day between March 1 and April 25, far exceeding the previous peak of quarterly inventory reductions in data compiled by the International Energy Agency. Crude oil accounted for nearly 60% of the reduction, and the rest was refined oil. The key is that the oil system also needs to set a minimum inventory level. Natasha Kaneva, head of global commodity research at JPMorgan Chase & Co., said this means that the part of the safety stock that can no longer be moved is reached before the inventory actually bottoms out. (Jin Shi)

According to a report by Iran's Mehr News Agency on the 9th, Hassan Khomeini, the grandson of Iran's first Supreme Leader Khomeini, said that Iran's supreme leader is fully in control of national affairs, and relevant decisions are progressing step by step. Hassan Khomeini said during a meeting with Iranian Red Crescent managers and rescuers on the same day: "The Supreme Leader has the overall situation, and relevant decisions are promoted in accordance with procedures, approved and signed by him." He also called on all sectors of society to respect the decisions made by the Iranian state system and trust the "ability, understanding and judgment" of front-line officials. (CCTV News)

According to ChainCatcher news, Strategy CEO Phong Le posted on the X platform that Bitcoin per share (BPS) is Strategy's core goal. The company uses a multivariate model to optimize capital, equity, debt, and credit decisions on a daily basis to maximize annual BTC yield (BPS growth). Year-to-date, Strategy has achieved a 9.4% BTC yield and $5 billion in BTC yield.

According to the monitoring of on-chain analyst Aunt Ai, the total profit of an account shorting a basket of altcoins reached US$86.36 million, and the current 29 short positions had a floating loss of US$4.06 million; It shorted 28 altcoins and CL crude oil, including ZEC, TON, NEAR, and LIT, with a total position worth $47.66 million, and continues to increase its position.

Odaily Planet Daily News The world uncertainty index has risen to its third highest level in history, and the current value has surpassed the Internet bubble period and the global financial crisis. （Cointelegraph） Odaily Note: The World Uncertainty Index WUI is a forward-looking stress indicator that mainly reflects the uncertainty of economic entities (enterprises, residents, investors) about the future economic, political and policy environment, and helps analyze how uncertainty affects economic growth, investment decisions and financial markets. Global WUI has reached historical highs several times over the past decade, especially due to the superposition of multiple crises.

Odaily Planet Daily News Bitwise CEO Bitwise Chief Investment Officer Matt Hougan said that although Bitcoin and gold have been declared "dead" many times, the reality is that the fiat currency system is "dead". （Bitcoin News）

ChainCatcher news, Bitcoin bulls add another macro narrative. Ray Dalio, founder of Bridgewater Fund, warned that the $39 trillion debt crisis in the United States could trigger a long-term depreciation or even collapse of the US dollar, while JPMorgan analysts believe that the market is experiencing currency depreciation transactions that rotate from gold to Bitcoin. Dalio said that the current annual expenditure of the United States is about $7 trillion and revenue is only about $5 trillion, and the long-term fiscal deficit and debt expansion are close to historical danger zones. He believes that during similar periods, fiat currencies tend to continue to depreciate, while gold benefits. Meanwhile, JPMorgan analyst Nikolaos Panigirtzoglou pointed out that as Bitcoin ETF inflows continue to exceed gold ETFs after the escalation of the Iran conflict, some funds are viewing Bitcoin as a hedge against the depreciation of digital gold against the US dollar. The report mentioned that since the outbreak of the US-Iran conflict, the price of Bitcoin has risen by about 30%, although it is still below its all-time high of $126,000 in 2025. Well-known investors, including Stanley Druckenmiller and Elon Musk, have also expressed concerns about the long-term reserve currency status of the US dollar many times recently.

On the 9th local time, the chairman of the Energy Committee of the Iranian Parliament said that production in multiple oil fields across the country is currently continuing. The enemy's actions against Iranian oil tankers are completely illegal, and the effect of pressure on Iranian oil exports is not obvious. There are also no official reports of oil spills around Halk Island. Previously, it was reported that satellite images taken showed a suspected large-scale crude oil spill in the waters near Khalk Island, a key oil export hub in Iran, covering tens of square kilometers of sea. (CCTV News)