After a strong market rebound, mainstream CEX and DEX funding rates still indicate a bearish outlook

According to GMGN data, Ethereum mainnet AI-themed token IMD has hit a new all-time high market cap of over $39 million, and has since pulled back to $31 million, with a 24-hour trading volume of $2.1 million. IMD is an older token on the Ethereum mainnet, having evolved from a chain game pet token to an experimental project featuring "community-provided computing power, AI labor, and token deflation." Its predecessor was Fren Pet, an electronic pet game launched on Base in 2023, later renamed VIBE, and rebranded as IMD in May 2026. Its current narrative centers on building an "AI cooperative": users holding qualified NFTs can connect their computers and Claude/Codex quotas to the network, enabling AI agents to collaboratively write code, audit smart contracts, and develop applications, with rewards distributed for completed projects. The token uses the POOL4 mechanism, where a portion of IMD is allocated from transactions—most of which is burned, with the remainder distributed to stakers and nodes. BlockBeats reminds users that token prices are highly volatile, so investment requires caution.

Per Lookonchain monitoring, an on-chain address spent $870 to purchase 16.7 million e/acc tokens, which are now valued at $313,000. The address has generated a profit of over $312,000 in just 5 hours, delivering a 350x return on investment.

Yuga Labs' Vice President of Blockchain stated that the asset claim website for the NFT theft incident linked to the Payment Processor vulnerability has officially launched. Affected users whose NFTs were successfully recovered by the platform can now submit claims, though they must first revoke their authorization for the Payment Processor. A total of approximately $6 million worth of NFTs have been successfully salvaged in this operation, while some assets remain unrecovered. Additionally, certain NFT collections are currently ineligible for claims due to Transfer Validator restrictions; the team will coordinate with relevant project teams to address these issues in the coming days. As reported yesterday, the Payment Processor vulnerability caused a large-scale NFT theft, with Yuga Labs' white hat team rescuing over $5.7 million worth of NFTs.

Over $312K in profit in just 5 hours — a 350x return! Trader 9hVshY spent just $870 to buy 16.7M $e/acc, now worth $313K.

NFT project Mad Lads’ floor price has risen to 13.57 SOL, equivalent to approximately $1,640, with an 85.23% increase over the past 24 hours. As a core NFT in the Backpack ecosystem, Mad Lads has been re-priced recently amid the strong performance of Backpack’s platform token BP.

Beating AI Express Briefing: Meituan launches LongCat-2.5-Preview. The model retains LongCat-2.0’s 1.6T total parameters, ~48B activated parameters, and 1M-token context window, while adding native multimodal capabilities, supporting long-process tasks across scenarios including terminals, browsers, desktop software, spreadsheets, and design tools. LongCat-2.5-Preview is integrated with its official API, compatible with both OpenAI and Anthropic interfaces, with a maximum output length of 128K tokens. The official has also provided integration methods for Codex, OpenCode, OpenClaw, and CatPaw, enabling direct calls from existing Agent tools. Meituan is distributing 5 million free tokens to all existing users for testing the new model, while existing token packages remain usable. However, the official has not yet released benchmarks for LongCat-2.5, and no public data is currently available to compare improvements in GUI operations and long-process tasks.