THIS WEEK, THE FED ANNOUNCED THE FINAL FOMC PROCEEDINGS OF THE POWELL ERA
Collapse:Jerry, ChainCatcher
Highlights:
- Coinbase will go online on May 18th with four AI infrastructure stock contracts for renewal
- The currency contract will be online on May 18th
- THE FED WILL RELEASE THE FINAL FOMC PROCEEDINGS OF THE POWELL ERA ON MAY 21ST
- The Blue Skygrath case has over 120,000 cross-border claims, and British recovery will be closed for registration on May 22nd
- Cardano NFT trading platform JPG Store announces that it will cease operations on May 23rd
Monday, 18 May
Coinbase will go online on May 18th with four AI infrastructure stock contracts for renewal
Coinbase announced that four AI infrastructure stock contracts, including Cerebras Systems (CBRS), TSMC, Nebias Group (NBIS) and Bloom Energy (BE), would be renewed on May 18th。
Officially, contracts support multiple, empty, leveraged and 7x24-hour transactions and will be open to retail and institutional traders in areas where liquidity conditions are met。
The currency contract will be online on May 18th
THE FLNCUSDT CONTRACT WILL BE RENEWED ON MAY 18, AT 21:55, WITH A MAXIMUM LEVERAGE OF 10 TIMES; 22:00 DRAMUSDT CONTRACT WITH A MAXIMUM LEVERAGE OF 20 TIMES; 22:05 RKLBUSDT CONTRACT WITH A MAXIMUM LEVERAGE OF 10 TIMES。
THE CURRENCY CONTRACT WILL BE THE FIRST USD1 VALUE-FOR-ALL CONTRACT ON MAY 18TH
THE CURRENCY CONTRACT ANNOUNCED THAT IT WOULD BE OFFICIALLY LAUNCHED ON MAY 18, 2026 IN BEIJING AT 17:00 (09:00 UTC) AND THAT THE BTCUSD1 U WOULD CONTINUE THE CONTRACT WITH A MAXIMUM OF 100 TIMES LEVERAGE。
ACCORDING TO THE INFORMATION RECEIVED, THIS WAS THE FIRST USD1 CONTRACT TRANSACTION LAUNCHED BY CURRENCY, WITH USD1 AS THE SETTLEMENT ASSET. AT THE SAME TIME, THE CONTRACT SUPPORTS THE MULTI-ASSET MODEL. THE CURRENT USD1 MAXIMUM MORTGAGE CONVERSION RATE OF 99.99 PER CENT IN THE CONSOLIDATED ACCOUNT OF THE CURRENCY CONTRACT HAS BEEN SHOWN, WHICH MEANS THAT USD1 HAS TAKEN ON THE TRIPLE ROLE OF VALUING CURRENCY, DEPOSIT ASSETS AND COLLATERAL ON THE FRONT TRADING PLATFORM。
21 May (Thursday)
THE FED WILL RELEASE THE FINAL FOMC PROCEEDINGS OF THE POWELL ERA ON MAY 21ST
ON 21 MAY, AT 2 P.M., THE FED WILL PUBLISH THE FOMC MINUTES OF THE 29 APRIL MEETING, WHICH WILL ALSO BE THE LAST OF THE “THE POWELL ERA” MINUTES, WHICH WILL ELABORATE ON THE COMMITTEE'S POSITION PRIOR TO WALSH'S ASSUMPTION OF THE PRESIDENCY。
According to The Block, the famous entrepreneurship accelerator Y Combinator will hold an interview in New York City for the first time, focusing on financial technology and encrypted money start-ups, hoping to support more companies in this area。
YC SAYS ON WEDNESDAY: “THIS IS THE FIRST TIME THAT YC HAS MOVED THE INDUSTRY-SPECIFIC INTERVIEW PROCESS UNDER LINE IN THIS WAY, AS THEY ARE MEETING WITH THE FOUNDERS OF THE EMERGING CRITICAL ECOSYSTEMS.”
The YC spokesperson indicated that the interview would take place on 21 May under the New York line. YC's standard investment terms for entry into a start-up firm are $500,000 in exchange for 7% shares. With the introduction of this option earlier this year by YC, start-up companies could also choose to receive funds in the form of a stability dollar from the Circle USDC。
YC 2026 winter editions already include several encryption and finance technology start-ups, including the financial infrastructure for the AI proxy economy, Sponge Wallet, encrypted gold service providers, Unifold, encryption, real world asset and forecast market integration platforms, Sequence Markets, and forecast market cross-platform trading platforms, Valence。
YC has invested more than 5,000 companies since its inception in 2005, with a combined estimate of more than $1 trillion. Its portfolio includes OpenAI, Airbnb, Stripe and Reddit. YC's first investment in encryption was in Coinbase in 2012, after which more than 150 companies in encryption and finance technology were invested, including the forecast market platform Kalshi, the DeFi trading platform Axiom and the NFT market OpenSea. Last year, YC worked with Coinbase to support the start-up company for the construction of the chain infrastructure, when YC called this transformation “Fintech 3.0”。
Friday, 22 May
According to financial disclosure, on 16 and 17 February 2026, the British High Court held a two-day hearing on the disposition of assets in cases involving money-gim 60,000 bitcoin money-laundering and over 11300 Chinese victims were to submit their claims to the British High Court, although this represented only 8.8 per cent of the 128,409 victims, which will be closed for registration on 22 May。
Under section 281 of the Proceeds of Crime Act (POCA), an application for recovery may be made to the High Court of England if a person claims that the assets frozen or to be confiscated by the Government would have belonged to him. On 22 October 2024, the British side allowed the Blue Skygrave victim to take the initiative to recover and to register with the British High Court to prove that he was a victim of the Blue Sky Grand case and had a relationship to the assets involved。
(Saturday) 23 May
Cardano NFT trading platform JPG Store announces that it will cease operations on May 23rd
According to the official announcement of JPG Store, the NFT trading platform serving the Cardano ecosystem for more than four years will be officially closed on 23 May 2026, due to its unsustainable operation。
When the platform is closed, the NFT stored in the hosting wallet and the JPG Store contract is still owned by the user and can continue to be accessed through other polymer platforms or Cardano CLI. Smart contracts will remain open, and the platform will simultaneously provide GitHub links for community developers to continue building tools。
