Odaily Report: PEPE rose 15.8% in 24 hours and is now trading at $0.00000498. Previously, a wallet labeled as being associated with Justin Sun (0x721…E5991) withdrew 4.65 trillion PEPE from Poloniex in the early hours of this morning, worth approximately $20.32 million. Since October 17, this address has transferred out a cumulative $48.76 million worth of PEPE and currently holds 11.8 trillion PEPE, with an average withdrawal price of $0.000004114. At the current price, the address is sitting on an unrealized gain of 21%.

Odaily reports: In a 3.5-hour in-person conversation with Jin Ming, Justin Sun stated that Hyperliquid is one of the biggest new discoveries to emerge during this cycle, and its launch of US stock perpetual contracts has opened up new imaginative possibilities for the industry. As more and more projects move into US stock perpetual contracts, Hyperliquid is facing intensifying competition. Justin Sun believes that the key to future competition between DEXs and CEXs lies in how US regulators define Hyperliquid's regulatory boundaries; if it obtains a regulatory exemption similar to that of Uniswap, it is possible that a large number of CEXs could pivot to the DEX model. Conversely, if regulation tightens, Hyperliquid will face significant pressure. Hyperliquid's maturity in regulatory affairs and US domestic operations still cannot compare with onshore compliant entities such as Circle.

Odaily News: Justin Sun recently stated in an interview that the market severely underestimates the potential impact of Quantum Threat Day (Q-Day) on Bitcoin's price. TRON is pushing forward with the implementation of the National Institute of Standards and Technology (NIST) post-quantum cryptographic standards, with the relevant technology already live on testnet and expected to be deployed to mainnet as early as early next year. He stated that the Bitcoin network's consensus and technical upgrade progress is slow, and that even if the risk were confirmed two years in advance, completing a network-wide upgrade would be nearly impossible; major financial institutions including BlackRock, despite investing substantial capital, have not truly participated in Bitcoin development and lack sufficient understanding of its underlying technological evolution.

Odaily reports that blockchain data platform Arkham stated on X that it has tagged Justin Sun's wallet addresses across 10 blockchains, with on-chain assets totaling approximately $2.25 billion. Arkham added that its research team previously ranked Justin Sun in September as the individual holder with the second-largest on-chain holdings, behind only Bitcoin founder Satoshi Nakamoto.

Odaily Planet Daily reported that according to on-chain analyst Ai Yi's monitoring, Justin Sun redeemed 5,000 ETH from Lido, of which 3,500 ETH was transferred to Poloniex and subsequently moved to a hot wallet address, with the specific purpose unknown; the remaining 1,500 ETH was deposited into Morpho. Justin Sun still holds over 243,000 ETH on-chain, valued at over $600 million, ranking 4th among ETH-holding entities, surpassing the Ethereum Foundation in holdings.

Odaily News, Justin Sun stated at the Bitcoin Asia 2026 conference in Hong Kong that the threat of quantum computing to blockchain and the entire financial system is widespread, with traditional banks such as JPMorgan facing the same risks. Due to the highly decentralized nature of the Bitcoin community, which involves multiple participants including miners, exchanges, and WBTC, reaching a quantum-resistant consensus will take a considerable amount of time. Justin Sun stated that TRON has been researching quantum-resistant mechanisms over the past year, having released a quantum-resistant address solution and launched it on the testnet in the first half of this year. The project plans to upgrade the entire network into a mainstream crypto network with quantum-resistant capabilities by the end of this year.

Odaily reports, according to Onchain Lens monitoring, Justin Sun has been continuously staking ETH through Lido Finance. 23 hours ago, Sun staked an additional 13,000 ETH, worth approximately $23.08 million, bringing his total staked amount on Lido to 247,436 stETH, currently valued at around $430.2 million.Data shows that since February 2023, this staking position has generated a total of 11,307 stETH in staking rewards, worth approximately $26.82 million. Based on the current yield level, Sun's annualized return on this position is approximately $9.5 million.

Odaily Odaily, Securitize officially announced that Hamilton Lane's tokenized senior credit opportunity fund, HLSCOPE, is now live on the TRON blockchain. This marks the first Securitize-issued asset launched on TRON. Qualified investors can access HLSCOPE on TRON through Securitize.Securitize will leverage its official interoperability partner, Wormhole, to enable HLSCOPE tokens to move across blockchain ecosystems. Carlos Domingo, Co-founder and CEO of Securitize, stated that bringing HLSCOPE to TRON expands access to private markets through financial activity infrastructure. Justin Sun, Founder of TRON, said that welcoming Securitize and HLSCOPE into the TRON ecosystem is an important step in connecting traditional finance with blockchain infrastructure. (financewire)

Monitoring by the Odaily Seer Channel shows that the prediction market Predict.fun has launched a new event: "Who Will Top This Week's XHunt Chinese KOL Rankings," with total trading volume exceeding $110,000.Among them, the probability of CZ topping this week's XHunt Chinese KOL rankings is currently reported at 83%; the probability of Justin Sun topping the rankings is currently at 4%; the probabilities for KOLs such as Heyi, JackYi, 杀破狼, and 嗯哼 topping this week's XHunt Chinese KOL rankings are currently in the range of 1% to 2%.The settlement criteria for this event are based on XHunt's historical rankings. Specifically, the "Board" is set to "Popular KOL," the "Category" is set to "China Region," the "Window" is set to "7 Days," and the "Date" is set to May 11, 2026.The Odaily Seer Channel continues to monitor the prediction market, seeing the changes before the price is set.

Odaily News: A LayerZero cross-chain bridge related to Kelp DAO was hacked on Saturday, resulting in 116,500 rsETH worth $291 million flowing to a new wallet. The hacker used the illicitly obtained rsETH as collateral to borrow on Aave, causing the utilization rate of Aave's core lending pool to reach 100% and triggering a liquidity crunch. According to monitoring by 0xngmi, as of early Sunday, the net withdrawal amount from Aave had reached $6.2 billion. Kelp DAO has suspended the rsETH contracts on the Ethereum mainnet and several L2 networks. Affected by this, the price of the Aave token fell 16% to $90.13, and the price of Ethereum dropped 2% to $2,300. Currently, Justin Sun has posted on platform X attempting to negotiate with the hacker.