CME Group to Launch Bitcoin Volatility Futures

On May 10, Polymarket announced the latest progress on its feature updates, including the launch of a latency spam mitigation measure to ensure smooth order placement and cancellation operations, a fix for the "Insufficient Balance/Allowance" error, and a core issue affecting limit order placement that’s expected to be resolved in the next few days. Additionally, Polymarket stated it has identified and banned multiple clusters of "ghost-fill" accounts—all created before the deposit wallet system launched. Any accounts exhibiting ghost-fill behavior will be identified and banned, and the deposit wallet system will also block abusive accounts from bulk-creating new accounts. Further updates to address lingering issues are set to roll out over the next week.

**May 10 – Alibaba is gearing up to announce plans to integrate its Qwen artificial intelligence platform with Taobao, its core e-commerce platform, according to sources.** **The move aims to shift shopping from keyword search to conversation-driven interactions.** **Per reports, the integration will let consumers browse, compare and purchase products by chatting with Qwen’s AI assistant in the app—no manual scrolling through product listings required. Qwen is set to access the full catalog of over 4 billion items across Taobao and Tmall, with a “skill library” to handle logistics and after-sales services. It will also deliver personalized shopping recommendations based on users’ order history and preferences.** **Additionally, Alibaba will launch a Qwen-powered AI shopping assistant directly on Taobao, offering tools including virtual try-on and 30-day price tracking.** **(BlockBeats)**

May 10 — 36+ hours after the U.S. Pentagon declassified over 160 UFO/UAP files, photos, and videos on May 8, global discussions over extraterrestrial evidence are raging. However, space advocate Elon Musk has stayed completely silent on the matter on X. Musk has repeatedly stated publicly that he “has never seen any evidence of aliens or alien technology. Most unidentified phenomena are likely linked to classified human weapons projects or satellites, not extraterrestrial visitors.” This muted response to the UFO file declassification once again underscores Musk’s rational skepticism toward extraterrestrial technology.

**May 10th** Michael Burry (of *The Big Short* fame) revealed in a recent blog post that he has expanded his short positions in AI-linked stocks, including Nvidia and Palantir. On Palantir: Burry pegs the company’s fair value at no more than $46–$50 per share and has flagged concerns about its business model. Additionally, Burry holds substantial put options against NVDA, SOXX, QQQ, and ORCL—expiring in 2027—representing roughly 9.5% of his investment portfolio in short positions. Notably, Burry has maintained large AI-focused short positions since Q3 2023. He has a track record of losses from premature moves (e.g., being squeezed ahead of the 2008 financial crisis).

On May 10, on-chain analyst Ai Auntie (@ai_9684xtpa) reported that the so-called "BTC OG Insider Whale" recharged 78,168.5 ETH to Binance 11 hours earlier—valued at $180 million, with no clear purpose yet. Since May 6, the whale has sent a total of 322,268.33 ETH to centralized exchanges (CEXs). Currently, it still holds 225,449.31 ETH and 19,003.39 BTC on-chain, with a combined worth of approximately $2.05 billion.

May 10 — Per LookOnChain data, SATO has once again hit a new all-time high. Crypto whale 0xe5f6 purchased 335,899 SATO three days ago in a FOMO spree, paying $1.42 per token (valued at roughly $477k at the time). The whale’s holdings have since flipped from a 60% unrealized loss to a profit, with the current unrealized gain standing at around $130k.