On May 28, according to monitoring by Lookonchain, a Matrixport-associated whale holding a long position of 120,000 ETH (worth $237 million) is currently facing an unrealized loss of $33.86 million. The whale has just created a new account, deposited 5 million USDC, and opened a long position of 500 BTC (worth $36.5 million) with 20x leverage.
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Matrixport-Linked Whale Opens 500 BTC Long Position
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Deflation Continues to Intensify | DMD Destroys 34,764.93 Tokens Over the Past 7 Days
On May 28, 2026, according to the latest on-chain data from DMDAO, DMD—a decentralized matrix market-making protocol—has completed a cumulative on-chain physical burn of 34,764.93 DMD tokens over the past 7 calendar days. This round of burning was jointly driven by a triple internal-loop mechanism consisting of "transaction tax + freeze tax + liquidity pool deflation," resulting in a continuous boost in deflationary efficiency. -
Ministry of Foreign Affairs: China and the U.S. Should Maintain Stable Development of Bilateral Economic and Trade Relations
On May 28, Foreign Ministry spokesperson Mao Ning stated at a regular press conference that the Chinese Embassy in the United States has forwarded the preliminary results of the China-U.S. economic and trade consultations in response to questions regarding China's export controls on rare earths. Both China and the U.S. should jointly implement the important consensus reached by the leaders of the two countries and maintain the stable development of China-U.S. economic and trade relations. -
Beijing to Formulate Regulations for AI Industry Development, First Review of Draft Scheduled for November
On May 28, according to the Beijing News, the 24th meeting of the Standing Committee of the 16th Beijing Municipal People's Congress heard and reviewed a report from the Committee on Ethnic Affairs, Religion, Overseas Chinese Affairs, and Foreign Affairs regarding the results of the deliberation of proposals submitted by representatives at the 4th meeting of the 16th Beijing Municipal People's Congress. A total of four proposals were submitted for review by the Committee, including a proposal on formulating the "Beijing Regulations on AI Industry Development" by 13 representatives led by Huang Leping, a proposal on enacting legislation to promote the development of the AI industry in Beijing by 15 representatives led by Yang Qiang, a proposal on accelerating legislation for AI industry development and strengthening talent development by 12 representatives led by Tao Qinghua, and a proposal on accelerating legislation for the embodied intelligent robotics industry by 17 representatives led by Zhang Xiyong. According to the legislative work schedule, the Standing Committee plans to conduct the first review of the draft regulations in November this year, and prior to that, the Standing Committee's director meeting will also study the "Project Justification Report for the Beijing Regulations on AI Industry Development." -
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Astarter reveals three-layer fusion architecture to coordinate the three major trends of Al Agent, DePIN, and DeFAI
Astarter has officially released the "three-layer fusion architecture" - coordinating the three independent trends of AI Agent (actor), DePIN (computing power bottom layer), and DeFAI (financial layer) in a unified stack. The project itself summarizes the architecture as follows: "Astarter is building the infrastructure for an autonomous AI agent economy - integrating Al Agent, DePIN, and DeFAI. Industry analysis suggests that this three-layer architecture is one of the few project solutions in the AI Agent economy that has publicly committed to covering all three layers. Most similar projects only cover one layer, while the strategic alliance between Astarter and UXLINK is the first public attempt to fully cover three layers under the same cooperation framework. -
BTC Falls Below $73,000
Market data shows that BTC has fallen below $73,000, currently priced at $72,970.91, with a 24-hour decline of 3.58%. The market is experiencing significant volatility, so please ensure proper risk management. -
BTC Falls Below $74,000
Market data shows that BTC has fallen below $74,000, currently priced at $73,984.09, with a 24-hour decline of 2.48%. The market is experiencing significant volatility, so please ensure proper risk management. -
ETH Falls Below $2000
Market data shows that ETH has fallen below $2000, currently priced at $1993.67, with a 24-hour decline of 3.98%. The market is experiencing significant volatility, so please ensure proper risk management. -
IRGC Claims Strikes Against US Airbase
On the 28th, the Public Relations Department of the Islamic Revolutionary Guard Corps (IRGC) stated that in the early hours of the day, the US military conducted an airstrike on a location in the suburbs of Abadan Port. Subsequently, the IRGC retaliated by striking the US airbase that launched the attack. (Xinhua News Agency)
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