PANews reported on May 28th that, according to The Block, TD Cowen stated that President Trump's public support for the CFTC's jurisdiction over prediction markets is unlikely to change the legal debate surrounding event contracts. TD Cowen Managing Director Jaret Seiberg pointed out that the matter is now in federal court, and cannot be decided by regulators or the executive branch. He still believes the Supreme Court will ultimately rule on whether Congress takes precedence over state sports betting laws when establishing event contracts, and that states still hold the upper hand in this debate; the litigation could take two years or more. Seiberg also noted that Trump's post was more about defending CFTC Chairman Selig following a New York Times investigation than about substantively changing policy.

PANews reported on May 28 that, according to The Block, the Office of Information and Regulatory Affairs (OIRA) under the White House Office of Management and Budget stated on its website on Tuesday that it has received a proposed rule for prediction markets from the Commodity Futures Trading Commission (CFTC) and is currently reviewing it. A CFTC spokesperson stated that more information will be released after the OIRA review is completed. CFTC Chairman Michael Selig has consistently argued that prediction markets fall under his agency's "exclusive jurisdiction" and has filed lawsuits in five states: Wisconsin, Illinois, Arizona, Connecticut, and New York. On Tuesday, Trump publicly endorsed Selig, stating that the CFTC's exclusive jurisdiction over prediction markets is "crucial."

TechFlow news, May 27, the Nikkei 225 index opened up 883.50 points, or 1.36%, at 65879.59 points. South Korea's KOSPI index opened up 195.89 points, or 2.43%, at 8243.4 points.

According to TechFlow on Deep Tide, on May 27, the U.S. Securities and Exchange Commission (SEC) is considering amending decades-old rules that prohibit companies from making certain communications during the listing process, with the aim of boosting Initial Public Offerings (IPOs). SEC Chairman Paul Atkins said at a Stanford University event on Tuesday local time that he welcomes reforms to the so-called 'gun-jumping' rules, which have not been updated for over 20 years.Atkins stated: 'The way companies communicated with employees, customers, and potential investors at that time bears almost no resemblance to today. I look forward to establishing a more coordinated set of rules that provide clarity, simplicity, and alignment with modern technology.' Atkins has expressed regret over the decline in the number of publicly listed companies in the United States since the 1990s and has promised to relax rules and develop industry-friendly policies to stimulate market activity. Last week, the agency released a comprehensive proposal that could allow certain new large issuers to temporarily avoid complying with many of its strictest disclosure rules. Part of the proposal would allow companies classified as 'large accelerated filers' to skip certain requirements for up to five years. The agency will seek public comments on the proposal within 60 days. (Jinshi)

PANews reported on May 27 that, according to The Block, TD Cowen stated that the likelihood of the CLARITY bill passing this year is decreasing as the US political environment continues to deteriorate. Jaret Seiberg, managing director of TD Cowen's Washington research group, pointed out that recent developments involving President Trump have made it more difficult for Democrats to support the bill unless it includes conflict-of-interest clauses. Several developments Seiberg cited include: the settlement between Trump and the IRS establishing a $1.776 billion antiweaponization fund and permanently prohibiting the IRS from auditing Trump and his family's past tax returns; a New York Times investigative report revealing how prediction markets and crypto interests drive their agenda, and the Trump family's connections to multiple crypto companies; and government-disclosed financial documents showing approximately 3,600 stock transactions executed in Trump's name in the first three months of 2026, some coinciding with Trump's public discussions of related companies or policies. Seiberg believes these developments increase pressure on Democrats to include conflict-of-interest clauses, and Republicans may delay legislation due to their reluctance to vote against amendments targeting Trump. With the midterm elections approaching, there is little room for further delays.

PANews reported on May 27th that, according to The Block, since the KelpDAO cross-chain bridge attack in mid-April, the total value locked (TVL) in DeFi has decreased by approximately 14%, from about $172 billion to $148 billion. The attackers exploited vulnerabilities in off-chain infrastructure, rather than smart contracts, to steal approximately $292 million, exposing new infrastructure risks. The outflow of funds has continued for more than five weeks, indicating that investors are broadly withdrawing marginal capital, rather than targeting specific attacked protocols. Lending, the largest DeFi category, saw the largest drop in total value locked (TVL), falling from approximately $53 billion to $40 billion. Liquidity restaking protocols also experienced a significant decline. The KelpDAO attack demonstrates that as smart contract security improves, off-chain infrastructure is becoming a more vulnerable attack surface.

TechFlow by Deep Tide, May 26, news from Ondo Finance announcing the unexpected passing of its founder Nathan Allman. The statement said that Nathan Allman's vision, humility, and execution shaped Ondo Finance's growth, and his philosophy of promoting a more open and inclusive financial system will continue to guide the company's future development. Ondo Finance also stated that Ian De Bode, who has served as president for a long term, will become the CEO. The announcement noted that Ian De Bode has been responsible for the company's strategy, products, and day-to-day operations for over two years and has full support from the management team.

Shenzhen Tide TechFlow News, May 26 - According to Nikkei News, the ceasefire agreement between the United States and Iran reached in early April has been extended for 60 days. Ships from all countries will be able to navigate freely and safely as before the strait closure.

PANews reported on May 26 that, according to a report by Nikkei citing a Middle Eastern diplomatic source, the United States and Iran are discussing a plan to open the Strait of Hormuz approximately 30 days after the two countries reach an agreement to end hostilities. Once an agreement is reached, Iran will clear mines from the strait within 30 days. Afterward, ships from all countries will be able to navigate freely and safely, and Iran will cease charging transit fees. The report also stated that the ceasefire agreement reached in early April will be extended for 60 days. During this two-month ceasefire period, the two sides plan to negotiate on Iran's nuclear program. Furthermore, according to Al Arabiya, a draft agreement has been reached between the US and Iran. The draft agreement allows for the free opening of the Strait of Hormuz and the clearing of mines; navigation in the Strait of Hormuz must be restored within 30 days. The agreement stipulates that the US commits to easing its blockade of Iranian ports; it allows Iran to sell and export oil; it will provide specific sanctions waivers for Iranian oil exports and will consider easing sanctions on Iranian oil in stages, depending on Iran's fulfillment of its commitments. The agreement also stipulates continued nuclear negotiations to reach a long-term consensus. According to Al Jazeera, a source familiar with the talks between a senior Iranian delegation and Doha officials said that Qatar's mediation has facilitated an understanding with the United States regarding the frozen financial assets of Iran. The source added that, given the agreement reached on this crucial issue for the Iranians, the US and Iran are likely to announce the agreement tomorrow.

On May 26th, PANews reported that Babylon Labs has initiated a temperature check proposal in the Aave community, suggesting integrating native Bitcoin as collateral on Aave V4 via the Babylon Trustless Bitcoin Vaults protocol. This solution requires no encapsulation, cross-chain bridges, or custodians. Users lock their Bitcoin in Taproot UTXOs, and redemption is controlled by on-chain rules (such as loan repayments), settling directly to the Bitcoin UTXO. The proposal deploys two Aave V4 Spokes: Babylon Core Lending Spoke and BTC Vault Swap Spoke. Collateral exists in the form of vaultBTC, a transfer-restricted ERC-20 token, limited to transfers between fixed whitelisted addresses. During the liquidation process, the liquidator can immediately settle in WBTC, with subsequent redemption on the Bitcoin side handled by arbitrageurs.