Malaysian Police Slow Progress on Case of Chinese Citizen Robbed of 50,000 USDT, Lawyer Angrily Points Out Investigation Delay May Involve "Cover-up"

**Crypto Market Update: May 10** Per HTX market data, Bitcoin (BTC) is currently trading at $80,865.49, with a 24-hour price change of +0.58%. Ethereum (ETH) is at $2,330.88, up 0.52% over the same period. ### Funding Rate Sentiment Mainstream centralized exchange (CEX) funding rates show: - **BTC**: Most platforms have rates clustered **below 0.005%**, signaling persistent bearish sentiment. - **ETH**: Rates have rebounded sharply—major platforms like Binance hover around 0.008%, while OKX hit exactly the 0.01% baseline. ETH has shifted away from prior bearishness but has not yet confirmed a valid bullish signal. --- **BlockBeats Note**: Funding rates are set by crypto exchanges to keep perpetual contract prices aligned with underlying assets. They facilitate fund transfers between long and short traders (exchanges do not charge this fee), adjusting holding costs/profits to narrow contract-asset price gaps. - **0.01% = baseline rate** - **Above 0.01% = broad b

A May 10 market analysis report shows Coinbase and Kraken together account for 22% of all AI references in the cryptocurrency category—13% for Coinbase and 9% for Kraken—leading other U.S. exchanges by a three-to-one margin. Gemini ranks third at 5.5%, Robinhood Crypto fourth at 5%, and BlackRock’s bitcoin spot ETF IBIT fifth at 4.5%, while dominating searches related to "bitcoin ETF." The analysis notes hardware wallets are losing influence in AI-generated responses. Though Ledger and Trezor still lead in searches for "best cryptocurrency wallets," AI now more often recommends custodial solutions from regulated exchanges when users ask about the "best crypto asset storage methods." The report argues the "self-custody narrative" that gained traction after the FTX collapse is no longer the dominant framework AI references. Moreover, AI is rapidly reshaping the playing field for U.S. retail crypto finance brands: "When users ask ChatGPT where to buy Bitcoin, the platforms AI priori

May 10 — A U.S. Air Force F-35 Lightning II fighter jet transmitted the 7700 emergency code minutes ago while operating over the Arabian Sea, according to Iran’s Tasnim News Agency. The 7700 code is a universal emergency signal for both civilian and military aircraft, signifying a critical situation (e.g., mechanical failure, medical emergency, or loss of control) that requires priority handling and may call for an immediate landing.

On May 10, Iran’s Tasnim News Agency reported—citing informed sources—that a U.S.-flagged cargo ship was attacked and caught fire near Qatar.

May 10 (local time) — Iranian Navy Commander Shahram Irani said an indigenously built Iranian light submarine is on standby in the Strait of Hormuz, ready to deploy and conduct relevant missions based on threat levels, combat capabilities, and operational requirements. (CCTV News)

**A new Financial Times poll released May 10 finds more than half of American voters disapprove of how Donald Trump has handled the economy, with top concerns including inflation, rising living costs and the energy price impact of a potential war with Iran.** **Despite reports of job gains, a manufacturing resurgence and a climbing stock market, public sentiment about real-life cost-of-living pressures has pushed Trump’s economic approval rating down to roughly 37%, while disapproval tops 55%.** **The poll underscores a gap between Wall Street and everyday Americans in economic perception—one that could hurt the Republican Party’s performance in the 2026 midterm elections.**