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According to Gate market data, U.S. stocks closed on Thursday with the Dow Jones Industrial Average initially rising by 1.7%, reaching a new closing high, the S&P 500 index up by 0.4%, and the Nasdaq Composite index slightly down. Nvidia (NVDA.O) rose nearly 2%, Micron Technology (MU.O) fell by 7.7%, and Broadcom (AVGO.O) dropped over 12%. The Nasdaq China Golden Dragon Index closed down by 0.6%, and Xpeng Motors (XPEV.N) fell by 3.5%.

According to Gate market data, at the opening of the US stock market, the Dow Jones rose by 1%, the S&P 500 index fell by 0.4%, and the Nasdaq fell by 1%. Broadcom (AVGO.O) plummeted by 14% after the earnings report was released, with a total market value dropping below $2 trillion, and the AI chip revenue guidance was below market expectations. Chip stocks were under pressure, with Micron Technology (MU.O) down 6.7%, Arm (ARM.O) down 7.3%, AMD (AMD.O) down 5.3%, Intel (INTC.O) down 3.4%, and Nvidia (NVDA.O) down 0.5%.

According to Jinshi, the US stock semiconductor sector continued to decline before the market opened, with Broadcom down over 13%, Micron Technology down 6%, and both AMD and Intel down 4%.

The major U.S. stock indices continued their strong performance, with the three major indices setting new historical closing records on the latest trading day. The Dow Jones Industrial Average rose 0.09% to 51,078.88 points, marking a new historical closing high for the fourth consecutive trading day; the Nasdaq index increased by 0.42% to 27,086.81 points, closing above 27,000 points for the first time; the S&P 500 index climbed 0.26% to 7,599.96 points, also setting a new historical closing high. During the trading session, the Dow, Nasdaq, and S&P 500 all reached historical highs.As interest in the U.S. stock market increases, Gate Live will hold the second themed live broadcast of "U.S. Stock Investment Week" on June 2 at 20:00 (UTC+8). At that time, several well-known KOLs from the cryptocurrency space will share insights on the process of opening U.S. stock accounts, trading precautions, and how to buy and sell U.S. stocks and ETFs on Gate, as well as address questions regarding product mechanisms and trading rules. During the live broadcast, interactive giveaways will also be held, giving participating users a chance to receive U.S. stock airdrop rewards.Gate stocks support users in trading over 10,000 mainstream U.S. market stocks and ETFs using USDT, covering major U.S. securities trading markets and liquidity networks such as NYSE, Nasdaq, NYSE Arca, NYSE American, and BATS, and supports fractional share trading starting from as low as 0.01 shares, providing users with a more comprehensive global securities asset allocation choice. With the official launch of stock trading services, Gate further connects digital assets with traditional financial markets on a unified trading platform.

According to Gate market data, the pre-market performance of star tech stocks in the US shows a mixed trend, with Broadcom up 5.5%, Oracle down 2.5%, Google and Intel both down 2%, and AMD and Microsoft down 1.5%.

Circle released a quantum security white paper, proposing a phased upgrade plan covering Arc, USDC, smart contracts, and the validator system to address potential security risks posed by future quantum computing.

Sei releases the next-generation protocol upgrade "Giga" roadmap, planning to significantly enhance transaction performance by restructuring the execution client, state management, and consensus mechanism. Core upgrades include: Ares execution client (optimizing performance through pipelined execution and asynchronous processing); Eidos state management (replacing the Merkle tree with a flat key-value store, separating hot data from cold archives); Autobahn consensus mechanism (targeting 200,000 TPS and 400 milliseconds finality, with the internal test network already achieving 5 Gigagas processing capability); Sedna private memory pool (introducing a cryptographic transaction propagation mechanism); and gradually phasing out Cosmos SDK and CosmWasm through SIP-3, transitioning to a pure EVM architecture.

According to official news, the Gate Live Pizza Festival special live broadcast will be held on May 22 at 20:00 (UTC+8). The live content will revolve around the theme of Bitcoin Pizza Day, featuring special guests such as Yibo Talks Coins and the Margin King to share BTC bull and bear stories and wealth experiences, helping users understand the history of Bitcoin and market trends.Users can participate in the lottery by entering the live room, watching, and engaging in comments and interactions. During this live broadcast, multiple lucky users will be randomly selected to receive benefits such as GT, position experience vouchers, VIP5, and a continuous shower of red envelopes throughout the event.

Coinbase announced that it will add MetaDAO (META) and Derive (DRV) to the asset listing roadmap.

According to Gate market data, U.S. stocks opened lower, with the Dow Jones Industrial Average down 0.37%, the S&P 500 down 0.43%, and the Nasdaq Composite down 0.65%. The technology sector generally declined, with Micron Technology down 2.7%, Intel down 1.7%, Qualcomm down 2.3%, Bilibili down over 4.8%, and Li Auto down 3.7%.

The Criminal Investigation Bureau of the Ministry of Public Security published an article titled "Beware of Online Fraud Targeting Minors," which reveals a new type of online fraud chain characterized by "game diversion + impersonating public security and judicial authorities + virtual currency money laundering." Criminals post advertisements through games and social platforms to guide minors to add friends, and use intimidation and other means to extract funds from parents' accounts. The stolen money is split and withdrawn through black and gray industry platforms to purchase virtual currencies, which are not restricted by geography and can silently flow back to overseas fraud dens, completing the "physical isolation" of cross-border funds. The Criminal Investigation Bureau reminds that public security and judicial authorities will never handle cases online, will never intimidate for deductions, and will never ask for passwords or verification codes.

According to Gate market data, U.S. stocks opened with the Dow Jones Industrial Average down 0.66%, the S&P 500 down 0.85%, and the Nasdaq Composite down 1.3%. AI chip stocks generally fell, with Intel down over 5%, Baidu down nearly 4%, AMD down 3.5%, and NVIDIA down over 2%.

According to Jinshi News, JPMorgan stated that investor panic is rapidly escalating, and many clients have turned fully bearish on the stock market. Despite the pessimistic market sentiment, JPMorgan's traders still advise clients to remain calm amid market volatility and not to panic.

According to Jinshi reports, the semiconductor sector of the US stock market generally rose, with Micron Technology up nearly 5%, ON Semiconductor rising close to 5%, and NXP Semiconductors up 4.6%.

The Ethereum Foundation disclosed the results of a recent interoperability meeting held by core developers in the Svalbard archipelago of Norway and updated the key technical progress for the next phase upgrade, Glamsterdam. During the meeting, multiple client teams collaborated on network scalability and execution layer optimization, making progress in several directions. Developers confirmed that based on the comprehensive results of ePBS, BAL optimization, and the EIP-8037 repricing mechanism, a consensus on the "trusted path" after Glamsterdam has been reached.In terms of the execution layer, ePBS (External Proposer Separation Architecture) has been stably running in the multi-client Glamsterdam-devnet, and the external block builder process has completed end-to-end testing, covering almost all client implementations. Meanwhile, EIP-8037 has been finalized, establishing the fixed cost_per_state_byte model, and complete repricing parameter output has been achieved in bal-devnet-6. The scalability direction Hegotá has also made progress. The FOCIL-related prototype has a runnable implementation, and the scope of account abstraction (AA) requirements has been defined, with the next phase entering the multi-client development network verification stage.Current development focus remains on the final implementation of Glamsterdam while advancing the Hegotá scalability design and subsequent Strawmap route evolution. The development network is online, and functionalities such as FOCIL are expected to continue deepening in the next phase of testing. At the organizational level, this interop meeting also marks the formal initiation of leadership structure adjustments within the Protocol Cluster. The new leaders include Will Corcoran, Kev Wedderburn, and Fredrik. Will Corcoran is responsible for zkVM proof and post-quantum consensus coordination, Kev Wedderburn leads zkEVM development, and Fredrik is in charge of protocol security and the Trillion Dollar Security project.Original Protocol Cluster leadership team members Barnabé Monnot and Tim Beiko will gradually step back from management roles, and Alex Stokes is entering a leave period. The foundation stated that during its term, the Protocol has completed modular advancement and facilitated the launch of the Fusaka upgrade (December 2025), introduced PeerDAS, and enhanced mainnet gas capacity.