Key market intelligence on May 12, how much did you miss?

CN
7 hours ago

Selected News

  1. AI sector tokens continue to rise, total market value surpasses $33.1 billion

  2. DeGods founder Frank announces resignation as project CEO

  3. Citigroup: Stablecoins will expand beyond crypto trading, integrating into the mainstream economy

  4. Insiders: Trump’s company Truth Social token will be issued within 72 hours

  5. China's Ministry of Commerce releases joint statement on China-U.S. Geneva economic and trade talks

Trending Topics

Source: Overheard on CT (tg: @overheardonct), Kaito

MOODENG

Due to an astonishing 400% increase this week and its launch on Binance Alpha, MOODENG has sparked widespread discussion. This token has performed exceptionally well on CoinGecko, becoming one of the top gainers, with trading volumes that can even compete with mainstream cryptocurrencies on Coinbase. The community is buzzing about its potential, with some users expressing skepticism about Binance's listing mechanism, while others view MOODENG's rise as a significant success in the meme coin space.

VIRTUAL

Today's discussion about VIRTUAL focuses on its strong influence in the crypto community, particularly the substantial returns brought by Genesis Launches. The platform's innovative approach to AI agents and its incentive mechanisms for holders, traders, and content creators are major factors attracting attention. The community is actively engaging in strategies to maximize "Virgen Points" earnings, with many optimistic about its high return potential and future growth. However, some users have raised concerns about potential system abuse and called for improvements.

LDO

Lido Finance's oracle system recently faced a security incident, with private keys managed by Chorus One being leaked, prompting an emergency DAO vote to replace the affected oracle nodes. Despite the breach, the protocol itself remains secure, and stakers' funds were unaffected, thanks to its robust 5-of-9 multisig design. This incident has sparked discussions about Lido's risk management and transparency, with many users praising its quick response and information disclosure, while also highlighting the importance of decentralization and risk management in DeFi protocols.

NEWTON

Today's discussion about NEWTON mainly revolves around the Magic Newton platform. The platform has gained attention for its innovative AI agent features and partnerships, including support from PayPal. Users are eagerly anticipating potential airdrops and rewards, actively participating in tasks to earn points and engage in the Kaito leaderboard. The platform has excelled in automating crypto trading and integrating with Trusted Execution Environments (TEE). Additionally, the allocation of 0.75% of $NEWT tokens to Kaito active users has greatly attracted community participation.

WORLDCOIN

Today's discussion about WORLDCOIN focuses on its controversial biometric identity system. Users have expressed concerns about privacy, surveillance, and the potential for abuse by authoritarian regimes. While its ability to create multiple anonymous identities is praised, the risk of a core identity being misused remains worrisome. Despite facing criticism, WORLDCOIN's tech stack is still considered to have potential. Its user base has surpassed 8 million, but operations in Kenya and Indonesia continue to face challenges. The Orb Mini device has been widely questioned over privacy issues, affecting its reputation and adoption.

Featured Articles

  1. Oracle private key leak results in only 1.4 ETH loss, is Lido's security mechanism "textbook-level"?

On May 10, oracle service provider Chorus One disclosed that a hot wallet of Lido's oracle was hacked, resulting in the theft of 1.46 ETH. However, according to security audits, this isolated incident has limited impact, as the affected wallet was designed for lightweight operational purposes. An attack on an oracle sounds terrible. However, Lido's architectural design, stakeholder value philosophy, and security-oriented contributor culture mean that the impact of such events is extremely limited—even if the oracle were completely compromised, it would not lead to catastrophic consequences. So, what makes Lido unique?

  1. 70-fold surge in 3 days, new member of the PePe family RATO fires the first shot for Ethereum Meme?

On May 11, 2025, a new meme coin called RATO emerged on the Ethereum network. According to GMGN market data, its market cap once surged past $30 million, then fell back to $26.01 million, with a 24-hour increase of 62.44%. This lightning-fast rise is the charm of meme coins—they ride the wave of community enthusiasm and internet culture, sweeping through the crypto market. What is RATO? Why has it ignited investors' passion in an instant?

On-chain Data

On-chain capital flow situation on May 12

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