Tether CEO: May promote the integration of WDK and QVAC for Agent Cards
Tether CEO Paolo Ardoino posted on X, stating that Tether may need to advance integration between WDK and QVAC in the future to support the development of Agent Cards-related features.
Analysis suggests this direction will help refine the connectivity layer between AI agents and crypto payment infrastructure, providing more efficient underlying support for automated application scenarios.
[Odaily]
“Federal Reserve Mouthpiece”: The Fed’s internal direction is changing, and the policy path is shifting from interest rate cut expectations to interest rate hike assessments.
“Federal Reserve mouthpiece” Nick Timiraos wrote in the Wall Street Journal that the Fed’s internal discussion on the path of interest rates has undergone a significant shift. The main debate is no longer about when to restart interest rate cuts, but rather to discuss under what conditions it may be necessary to raise interest rates again. Since the Federal Reserve began issuing policy statements in 1994, disagreements about how to describe the policy direction (rather than actual interest rate changes) have been rare.
Three regional Fed presidents, including Dallas Fed President Lorie Logan and Minneapolis Fed President Neel Kashkari, opposed continuing to include the wording “a rate cut is more likely next” in this week’s interest rate meeting, arguing that the next interest rate adjustment could be either a rate hike or a rate cut.
Outgoing Federal Reserve Chairman Powell said that the committee is gradually shifting from a “dovish bias” to a “neutral stance,” and said that if interest rate hikes are needed in the future, the Fed will first shift to neutral and then release signals of a rate hike.
[Odaily]
Tether CEO: May Advance WDK and QVAC Integration for Agent Cards
Tether CEO Paolo Ardoino posted on X, stating that Tether may need to advance integration between WDK and QVAC in the future to support the development of Agent Cards-related functionality.
Analysis suggests this direction would help refine the connectivity layer between AI agents and crypto payment infrastructure, providing more efficient underlying support for automated use cases.
[Foresight News]
Islamic Revolutionary Guard Corps: Gives Pentagon Deadline to Lift Blockade
On May 3, according to CCTV News, the Islamic Revolutionary Guard Corps of Iran stated that it has given the U.S. Pentagon a final deadline to lift the blockade against Iran.
[PANews]
DCG Founder: Bitcoin Validates Trillion-Dollar Demand, Privacy Coins Like Zcash Will Benefit From “First-Mover Advantage”
Barry Silbert, founder of Digital Currency Group (DCG), the parent company of Grayscale, posted on the X platform that in 2015, the market had not yet realized that there was a $2 trillion demand globally for decentralized digital value storage tools like Bitcoin. At that time, the industry generally believed that Bitcoin itself was private enough to be used as a relatively private global value storage and transfer tool.
Now, with the improvement of market awareness, privacy needs are more clearly identified, so privacy coins like Zcash will benefit from the “first-mover advantage.”
[Odaily]
Data: Monthly spending on crypto payment cards rises to $600 million, with 90% of transactions relying on Visa
Tether CEO Paolo Ardoino shared Memento Research’s latest data on X on May 3, revealing that monthly spending via crypto payment cards has surged to $600 million—a sixfold year-on-year increase—indicating robust industry growth.
To date, the cumulative on-chain transaction volume for crypto payment cards has reached $7.2 billion, with 24 million transactions processed across 1.36 million wallet addresses.
The data shows that approximately 90% of these transactions are processed via the Visa network, establishing Visa as the core distribution channel for real-world crypto payments. On the settlement side, 62.5% of transactions are settled in USDT, underscoring stablecoins’ ongoing role in underpinning everyday consumer payment infrastructure.
[PANews]
CZ Responds to Security Concerns Regarding Binance’s 200,000 BTC Address Starting with “3”: It Is a Multisig Address, Making It Extremely Difficult to Crack
On May 3rd, a crypto KOL questioned the security of a Binance-related “3” starting whale address on the X platform. The address is at the top of the Bitcoin rich list, holding over 200,000 BTC. The KOL is concerned that a large amount of assets are concentrated in a single address, which poses a risk of private key collision and cracking.
In response, Binance founder CZ (Changpeng Zhao) directly responded: “Shouldn’t addresses starting with 3 be multi-signature? Need to crack more than 3 private keys? Believe in mathematics.”
Analysis pointed out that Bitcoin addresses starting with 3 are P2SH multi-signature addresses, which require multiple private keys to jointly authorize transfers, commonly in combinations such as “2-of-3” and “3-of-5”. Even if there is a theoretical possibility of private key collision, the actual probability of cracking is close to zero, and the security level is much higher than that of a single-signature address.
[PANews]
Iranian Ambassador to Pakistan: New plan for Iran-U.S. negotiations has been handed over to the U.S. by Pakistan
On May 3, according to Cailian News, Iranian Ambassador to Pakistan Moghadam stated in an interview that Iran’s new negotiation proposal—designed to end the U.S.-Israel-Iran conflict—has been submitted to Pakistan. As the current process’s primary mediator, Pakistan has forwarded the new proposal to the U.S. side. There are no signs that Iran intends to replace the mediator.
Moghadam emphasized that while Iran continues taking necessary measures to safeguard its national and ethnic interests, it remains firmly committed to the diplomatic path. However, everything hinges on the United States: if the U.S. seeks a breakthrough in negotiations, it must change its behavior.
Moghadam added that what is critically important for the Iranian people is for the U.S. to cease its aggressive actions and respect Iran’s rights.
[PANews]
ZachXBT: U.S. law firms’ “free-riding claims” may hinder the recovery and compensation process for victims of hacking.
MegaETH director PaperImperium disclosed on the X platform that documents from the U.S. District Court for the Southern District of New York show that the U.S. court has issued an injunction to Arbitrum DAO, requiring it not to transfer approximately $71.00 million USD in ETH assets that were previously frozen in the KelpDAO hack.
In response, “on-chain detective” ZachXBT posted on the X platform that some U.S. law firms are using their investigative work and on-chain forensics to help some victims of hacking incidents file legal claims, but this practice will instead affect and slow down victims from receiving compensation/recovering funds.
ZachXBT added that in several previous hacking incidents involving the Lazarus Group, such law firms usually intervene after their on-chain fund tracking or freezing is completed, and propose subsequent legal actions that are weakly related to the crypto event itself. They have also adopted similar strategies in Harmony, Bybit and other events to “free-ride claims.” He called on the crypto community to establish a DAO to resist such behavior.
[Odaily星球日报]
DCG Founder: Bitcoin Validates Trillion-Dollar Demand, Privacy Coins Like Zcash Will Enjoy “Prophet Advantage”
On May 3, Barry Silbert, founder of Grayscale’s parent company Digital Currency Group (DCG), posted on X stating that in 2015 the market failed to recognize a $2 trillion global demand for decentralized digital value storage tools like Bitcoin. At the time, the industry widely believed Bitcoin’s privacy features were sufficient for use as a private global value storage and transfer tool.
He added that today, as market awareness has increased, privacy needs have been clearly identified, and privacy-focused cryptocurrencies like Zcash will benefit from this “first-mover advantage.”
[PANews]
TON Mainnet Verification Rules Tightened: Minimum Staking Threshold May Rise to 1 million TON
TON released an update for mainnet validators, stating that due to the entry of new capital into the verification network, the minimum and maximum effective staking thresholds required for participation in verification have increased simultaneously. Validators need to check as soon as possible whether their current resource allocation is sufficient to continue participating in verification and consolidate staking positions where conditions permit.
Currently, the minimum and maximum staking thresholds for this round of verification are 824,000.00 TON and 2,425,000.00 TON, respectively, and are expected to further increase to 1,000,000.00 TON and 3,000,000.00 TON in the near future.
For validators who cannot meet the dual-round verification staking requirements at the same time, TON recommends using staking services or configuring a 1-of-2 round verification mode to maximize capital utilization efficiency.
[Odaily]
Galaxy’s Head of Research: Satoshi Nakamoto’s BTC holdings should not be touched, and research and development of quantum-resistant technology should be promoted.
Galaxy Digital’s Head of Research, Alex Thorn, posted on the X platform that after in-depth discussions with several Bitcoin industry figures on the impact of quantum computing on Bitcoin, the industry has gradually formed two major consensuses.
First, the approximately 1.10 million BTC held by Satoshi Nakamoto (distributed across approximately 22,000 P2PK addresses) should not be used casually. If infringing on his property rights to deal with quantum risks, it will damage Bitcoin’s core value proposition; even in extreme cases where these BTC are transferred, the market has a strong absorption capacity and the risk can be mitigated through solutions such as “Hourglass”.
[PANews]
Particle Network releases the next-phase roadmap for Universal Accounts, further accelerating the chain abstraction ecosystem
Particle Network today unveiled the next-phase product roadmap for Universal Accounts, with two new products set to launch in the coming months:
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Universal Deposit SDK: Developers can enable users to deposit assets into their applications from any chain with just ~10 lines of code—significantly lowering the barrier to multi-chain asset integration.
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Universal Agent Accounts: An API and dashboard tailored for AI Agents, empowering them to own and manage their own Universal Accounts.
Earlier this March, Particle launched EIP-7702 Universal Accounts, enabling any externally owned account (EOA) to seamlessly upgrade to a Universal Account without friction. This new roadmap further solidifies Universal Accounts’ role as foundational infrastructure across key use cases—including developer integration, AI Agent asset management, and cross-chain asset transfers.
Overall, Particle is evolving Universal Accounts from an “account abstraction capability” into broader, chain-abstracted application-layer infrastructure—potentially boosting its developer adoption rate and distribution capacity within the onchain ecosystem.
[Odaily]
Zcash Foundation: Released Zebra 4.4.0, fixing multiple consensus-level security vulnerabilities and recommending that nodes upgrade immediately
The Zcash Foundation officially announced the release of Zebra version 4.4.0. This update fixes several consensus-level critical security vulnerabilities and strongly recommends that all node operators upgrade immediately, including a denial-of-service vulnerability that could permanently stop the discovery of new blocks, a consensus divergence caused by block signature operation (sigops) counting errors, abnormal handling of transparent transaction signature hashes, and the risk of memory allocation amplification attacks.
The Zcash Foundation stated that some of these vulnerabilities may cause Zebra nodes to accept blocks rejected by zcashd, resulting in a chain fork. If the update is not timely, nodes may face risks such as interruption of block discovery, consensus forks, and increased resource consumption, and there is currently no alternative mitigation solution.
[Odaily]
Jack Ma’s Yunfeng Financial Strategically Invests in Cross-Border Payment Service Provider WooshPay
On May 3rd, Yunfeng Financial, which is backed by Jack Ma, officially announced the completion of a strategic investment in cross-border payment service provider WooshPay. The specific investment amount has not yet been disclosed. WooshPay holds dual regulatory qualifications from the UK FCA and Hong Kong Customs and Excise Department, and is a compliant financial infrastructure platform.
After this investment, Yunfeng Financial will integrate its digital asset infrastructure AlphaToken to create an AI+Web3 model and improve the complete ecosystem of asset tokenization and compliant settlement.
Currently, Yunfeng Financial has obtained a virtual asset trading license from the Hong Kong Securities and Futures Commission and can compliantly launch mainstream digital asset trading services such as Bitcoin and Ethereum.
[PANews]
10x Research Founder: BTC has established itself above the short-to-medium-term moving average, and a dominance rate exceeding 60% releases a bullish signal.
Markus Thielen, Founder of 10x Research, posted on X stating that Bitcoin has currently crossed above both its 7-day and 30-day moving averages, maintaining bullish short- and medium-term trends, with a weekly gain of 1.1%. Continued institutional buying and large corporations further accumulating Bitcoin in their treasuries have further bolstered market confidence; however, following the historical pattern of “sell the news,” the market subsequently experienced brief consolidation.
Thielen analyzed that hints from White House advisors about an upcoming announcement regarding a national strategic reserve have also reinforced bullish sentiment. Against the backdrop of Bitcoin’s dominance remaining above 60%, certain altcoins are quietly forming bottoms, driven by fundamental catalysts—particularly privacy coins and projects related to RWA infrastructure, which warrant close attention.
[Odaily]
Iran Revolutionary Guard: Trump Must Choose Between Military Action and a Bad Deal
On May 3, according to Jinshi citing Iran’s Press TV, the Iranian Revolutionary Guard stated, “Trump must choose between an impossible military operation or a bad deal with Iran.
The decision-making space for the United States has narrowed.”
[PANews]
Particle Network Releases Next Phase Roadmap for Universal Accounts
Particle Network today announced the next phase of the Universal Accounts product roadmap, which will launch two new products in the coming months:
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Universal Deposit SDK: Developers only need about 10 lines of code to allow users to deposit assets from any chain into the application memory, greatly reducing the access threshold for multi-chain assets.
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Universal Agent Accounts: APIs and Dashboards for AI Agents, enabling AI Agents to own and manage their own Universal Accounts.
Previously, Particle released EIP-7702 Universal Accounts in March, supporting frictionless upgrades of any EOA account to Universal Account. This roadmap further strengthens the infrastructure positioning of Universal Accounts in scenarios such as developer integration, AI Agent asset management, and multi-chain asset flow.
[Foresight News]
Hyperliquid mainnet launches Outcome Markets, introducing the first daily settlement prediction market for BTC
Hyperliquid announced that Outcome Markets (HIP-4) has gone live on the mainnet, currently in a feature-limited initial version. Outcome Markets is a fully collateralized contract that settles within a fixed range, suitable for use cases such as prediction markets and range options—without leverage or liquidation mechanisms. The first phase aims to validate the technical implementation.
The first launched market is a daily-cycling binary Outcome contract, which will settle daily at 06:00 UTC based on the BTC mark price on Hyperliquid. The official team stated that additional features and market types will be rolled out incrementally in subsequent phases.
[Odaily]
New York Federal Court Orders Arbitrum DAO to Freeze $71.00 Million USD in ETH Linked to North Korean Hackers, Possibly for Compensation to Terror Attack Victims
According to documents filed with the U.S. District Court for the Southern District of New York, a U.S. court has issued an injunction against the Arbitrum DAO, ordering it not to transfer approximately $71 million worth of ETH assets frozen in connection with the KelpDAO hack. The plaintiffs seek to use these assets to satisfy unpaid judgments related to North Korea’s long-standing acts of terrorism, kidnappings, and other crimes.
The court documents state that the plaintiffs have applied for service of legal notice on the Arbitrum DAO via alternative means and have requested that the Arbitrum DAO be treated as a legally liable “partnership.” The court further emphasized that the Arbitrum DAO possesses a Security Council governed by ARB token holders, granting it the capacity to act swiftly in emergencies; thus, relevant members who refuse to cooperate may face legal consequences, including contempt of court.
[Foresight News]
Today’s Market Pulse
The crypto market is pivoting toward institutional-grade infrastructure development, with Tether leading AI-agent integration while the Federal Reserve’s hawkish shift creates near-term volatility catalysts.
Key Themes
AI Agent Financial Infrastructure
Tether is advancing integration between WDK and QVAC protocols to support Agent Cards, positioning crypto payments as foundational for automated AI applications. Concurrently, crypto payment cards have surged to $600 million monthly spending, with 90% processed via Visa and 62.5% settled in USDT. This demonstrates the rapid convergence of AI agents and real-world payment rails, creating a new frontier for crypto utility beyond speculation.
Monetary Policy Inflection Point
The Federal Reserve has undergone a rare internal shift, moving from “dovish bias” to “neutral stance” with discussions now focused on potential rate hikes rather than cuts. This pivot suggests the Fed may tolerate higher inflation or stronger economic data, creating headwinds for risk assets including crypto. Market participants should prepare for increased volatility as the Fed’s forward guidance evolves.
Privacy Coin Catalysts
DCG founder Barry Silbert highlights that privacy coins like Zcash are poised to benefit from “first-mover advantage” as market awareness of Bitcoin’s limitations for privacy applications grows. This fundamental driver coincides with Zcash Foundation’s critical security update, addressing consensus-level vulnerabilities that could have undermined the network’s value proposition for privacy-focused use cases.
RichSilo Verdict
Smart money should monitor Tether’s AI agent integration progress as a potential catalyst for mainstream adoption, while tracking the Fed’s language shifts for timing on potential market corrections. The confluence of rising geopolitical tensions (particularly Iran-US developments) and institutional adoption signals creates a complex risk environment where privacy coins and quantum-resistant infrastructure may outperform. The most promising opportunities lie at the intersection of traditional finance infrastructure (Visa integration, regulatory compliance) and next-generation applications (AI agents, chain abstraction).
