Odaily News According to SoSoValue data, the crypto market sector has fallen for three consecutive days, with a general decline of about 2% to 8%. Bitcoin (BTC) fell 2.95%, with the lowest price falling to around $100,000. Ethereum (ETH) fell 7.23%, once falling below $2,400. In addition, the Meme sector fell 8.04%. Within the sector, OFFICIAL TRUMP (TRUMP) and Pepe (PEPE) fell 10.00% and 10.68% respectively, but Fartcoin (FARTCOIN) rose 8.34% against the trend. In other sectors, the PayFi sector fell 4.25% in 24 hours, and Keeta (KTA), which had previously risen sharply, fell 14.05%; the CeFi sector fell 4.45%, and Hyperliquid (HYPE) fell 5.71%; the Layer1 sector fell 4.59%, among which Cardano (ADA) and Sui (SUI) fell 6.39% and 7.35% respectively; the DeFi sector fell 6.03%, Chainlink (LINK) and Aave (AAVE) fell 6.29% and 8.20%; the Layer2 sector fell 7.03%, and Arbitrum (ARB) fell 9.46%. The crypto sector index, which reflects the historical market conditions of the sector, shows that the ssiMeme, ssiLayer2, and ssiNFT indices fell 8.07%, 6.98%, and 6.96% in 24 hours respectively.

Odaily News According to official news, the Arbitrum Foundation announced the launch of the $1 million Trailblazer 2.0 funding program. This program is a continuation of the previous $1 million AI funding program. A single project can receive up to $10,000 in funding. The funding scope includes: DeFi agents that execute profitable strategies, functional plug-ins, open source agent templates and tool integrations, etc. Priority will be given to projects such as complex DeFi strategy templates, agent backtesting tools, and Farcaster mini applications.

Odaily News OrcaMind.ai, the launch platform for on-chain transaction AI Agent, announced that the official whitelist application will be officially closed in 48 hours. The application was launched on May 29 and opened to global users. It officially ended on June 6 and will remain open for one week. Officials said that whitelisted users will be the first to experience the product and enjoy multiple rights and interests such as zero-threshold participation in points tasks, points bonus, and exclusive community identity. The core chat function of the platform has been launched this week, and now supports mainstream networks such as Arbitrum, Ethereum, and BSC. Users can now perform multiple on-chain operations such as query, transfer, and pledge. OrcaMind.ai is built on the native Web MCP architecture. There is no need to download the client. Just install the official MCP Server plug-in with one click to call AI to perform on-chain operations, creating an intelligent interactive experience of "you speak, AI does it".

Odaily News Polygon provides $300,000 in funding to the decentralized lending protocol Folks Finance to support its deployment of a cross-chain lending solution on the Polygon PoS network, aiming to integrate liquidity and simplify the multi-chain lending experience. According to the official introduction, Folks Finance adopts an innovative "hub-and-spoke" architecture, allowing users to pledge assets on one chain and seamlessly borrow on another chain. The solution is coordinated through three cross-chain communication protocols: Circle CCTP, Chainlink CCIP, and Wormhole, avoiding the asset security and operational complexity problems brought by traditional bridging. The funding will be issued in three installments, of which the first MATIC token worth $100,000 has been issued. Polygon said that after Aave reduced its deployment on the PoS chain, a gap appeared in the lending market, and this funding for Folks Finance is an important measure to fill this gap. Folks Finance also launched the "Folks Points" points system to incentivize user behavior within the protocol. In addition to Polygon, Folks Finance has previously received support from the Avalanche and Arbitrum Foundations. (Cointelegraph)

Odaily News According to SoSoValue data, the crypto market sectors rose across the board, with Ethereum (ETH) up 4.72% in 24 hours, rebounding to above $2,600. Bitcoin (BTC) rose 1.03% to $106,000. The Meme sector rose 5.04%, of which Pepe (PEPE), dogwifhat (WIF), and SPX6900 (SPX) rose 8.20%, 11.43%, and 15.14%, respectively. At the same time, MAG7.ssi rose 2.26%, DEFI.ssi rose 3.64%, and MEME.ssi rose 3.63%. In other sectors, the Layer2 sector rose 4.54% in 24 hours, among which Arbitrum (ARB) and Movement (MOVE) rose 6.94% and 7.98% respectively; the RWA sector rose 4.34%, and within the sector, Maker (MKR) rose 9.67%; the DeFi sector rose 3.59%, Aave (AAVE) and Ethena (ENA) rose 5.03% and 6.81% respectively. The PayFi sector rose 2.53%, and Monero (XMR) rose 4.85%; the Layer1 sector rose 2.37%, the CeFi sector rose 1.86%, and Hyperliquid (HYPE) stopped falling and rebounded, rising 7.62% in 24 hours. The crypto sector index, which reflects the historical market conditions of the sector, shows that the ssiGameFi, ssiNFT, and ssiRWA indexes rose 6.44%, 5.58%, and 4.93% in 24 hours, respectively.

Odaily News According to Lookonchain monitoring, James Wynn has just unpledged 126,116 HYPE (worth $4.12 million) and sold them at an average price of $32.7. James Wynn initially bought these HYPEs on May 9 and May 12 at an average price of $24.4, making a profit of $1.05 million. In addition, James Wynn also posted a message suggesting that this part of USDC may be transferred to Hyperliquid contracts to continue opening orders.

Odaily News OrcaMind.ai, an on-chain trading AI Agent platform, has officially launched the Chat dialogue function and is the first to open the Arbitrum MCP Server for users. Users can now use OrcaMind Chat to complete multiple operations such as transfers, inquiries, and pledges on the Arb network with just one command (such as "Send ETH on Arbitrum"), truly opening up the experience of "one sentence to complete on-chain operations". In the future, the platform will also continue to support many MCP Servers such as Ethereum, BSC, Uniswap, Pump.fun, PancakeSwap, etc., and continue to expand the boundaries of intelligent execution. Based on the innovative Web MCP architecture, OrcaMind.ai supports developers to independently deploy MCP Servers through standard SDKs, and call AI assistants for on-chain execution through a unified interface. Official whitelist registration is now open, and successfully selected users can participate in the internal test first and receive early points rewards and exclusive incentives.

Odaily News On May 20, according to SoSoValue data, most crypto market sectors rose, with Ethereum (ETH) rebounding 4.27% in 24 hours, breaking through $2,500. Bitcoin (BTC) continued to rise slightly, rising above $106,000. In addition, the DeFi sector rose 2.34% in 24 hours, of which Curve DAO (CRV) and Aave (AAVE) rose 6.75% and 17.19% respectively; the RWA sector rose 1.29%, and within the sector, Maker (MKR) and Pendle (PENDLE) rose 4.21% and 7.51% respectively. In terms of other sectors, the CeFi sector rose 0.80% in 24 hours, of which Amp (AMP) rose 3.01%; the Layer1 sector rose 0.71%, Sui (SUI) rose 2.91%; the Meme sector rose 0.66%, FLOKI rose 5.78%; the Layer2 sector rose 0.52%, Optimism (OP) and Arbitrum (ARB) rose 3.55% and 4.07% respectively; the PayFi sector rose 0.09%. The crypto sector index reflecting the historical market conditions of the sector shows that the ssiDeFi, ssiLayer1, and ssiRWA indexes rose 3.92%, 2.57%, and 2.08% in 24 hours respectively.

Odaily News Web3 entertainment public chain project T-Rex announced the completion of a $17 million Pre-seed round of financing, with participating institutions including Portal Ventures, North Island Ventures (NIV), Framework Ventures, Arbitrum Gaming Ventures, ArkStream Capital, Mindfulness Capital, Hypersphere, SNZ Holding and Arche Fund (Coin98 Ventures). The project is positioned as a layer-one blockchain dedicated to the entertainment industry, and the funds will be used for underlying technology development and ecosystem construction.

Odaily News On-chain data shows that the number of testnet addresses of the RWA stablecoin yield protocol R2 has exceeded 200,000, and the cumulative number of transactions has exceeded 10,000,000. According to the official Twitter message, the R2 testnet has been deployed on four networks: ETH Sepolia, Plume, Arbitrum Sepolia, and Monad. More test chains will continue to be integrated in the future to fully expand the multi-chain ecosystem and provide users with a richer interactive experience. R2 is a new generation of redeemable stablecoin protocol with real income support. Its underlying assets include on-chain US Treasury bonds, compliant money market funds (MMF) and other strategies, and is committed to establishing a trusted connection between stability and profitability. The mainnet is expected to be officially launched in the second to third quarter of 2025.