Hyperliquid Platform RWA Open Interest Hits All-Time High of $2.6 Billion

On May 18th, AI Grandma’s monitoring indicates Justin Sun’s crypto address withdrew 41.99 million SPK tokens as staking rewards from Spark following a two-week gap. The withdrawn SPK, valued at $1.23 million, were immediately deposited in full into HTX, presumably for sale. Since September 2025, Sun has transferred a total of $19.08 million worth of SPK — 610 million tokens — to exchanges.

NEW YORK, May 18 (CryptoBiz Brief) — U.S. publicly traded firm Bitmine Immersion Technologies (NYSE: BMNR) announced this week it added 71,672 ether (ETH) to its holdings, boosting its total ETH stash to 4,712,917 tokens. Valued at roughly $12.6 billion, those holdings make up 4.37% of Ethereum’s 120.7 million total circulating supply, meaning Bitmine has hit 87% of its goal to hold 5% of Ethereum’s total supply. Of the company’s ETH holdings, 4.7129 million tokens are staked, worth approximately $10.3 billion at an ETH price of $2,191, per the announcement. Beyond crypto, Bitmine holds around $685 million in cash and other digital assets, plus $83 million worth of shares in Nasdaq-listed Eightco (NASDAQ: ORBS). This stake makes it one of the few publicly traded firms giving investors indirect exposure to OpenAI-related positions. Bitmine highlighted two key trends driving its Ethereum focus: "Wall Street asset tokenization" and growing demand from AI systems for open, neutral publi

May 18 — The Trump administration is rolling out a new model for supporting U.S. corporations: moving beyond relying solely on traditional bailouts, subsidies, or tax breaks, and instead taking direct equity stakes in key American companies, with a sharp focus on national security-linked sectors like semiconductors, critical minerals, and nuclear energy. Over the past two years, the administration has repeatedly used equity investments in U.S. firms. Trump and Commerce Secretary Howard Lutnick’s team argue this approach not only helps struggling American companies but could also deliver long-term returns on par with venture capital gains for the U.S. Treasury. Intel stands out as the most prominent case. Back in August 2025, the Trump administration struck a special deal with the chipmaker, acquiring roughly 9.9% of Intel’s shares for around $10 billion. At the time, Intel was grappling with slipping market share and heavy debt loads. In an interview with Fortune editor-in-chief Aly

May 18 — CNBC is reporting that multiple industry watchdogs are issuing urgent alerts over plummeting global crude oil inventories, warning Europe could face an actual physical oil shortage as early as the end of this month, with stockpile recovery not expected until December 2027. Jeff Currie, co-head of Abaxx Commodity Exchange, noted that while the oil market appears steady on the surface right now, the underlying supply system is already stretched razor-thin — leaving Europe primed for a physical shortage “at any minute.” He cautioned that once those inventories run dry, oil prices could spike in a dramatic, non-linear jump. Currie added that the crude oil market is shifting between its typical low-demand season and peak usage period. With U.S. Memorial Day and the UK’s Spring Bank Holiday fast approaching, demand for diesel, gasoline, and jet fuel is set to skyrocket, which could put even more strain on already tight supply conditions. A Societe Generale (SocGen) analyst based

Binance announced on May 18 that Binance Wallet will host a "Double Free" event for ONDO tokenized securities. During the event period, users who transact eligible ONDO tokenized securities on the BSC network via Binance Wallet will qualify for both zero service fees and zero on-chain gas fees. The event runs from 12:00 UTC on May 18, 2026, through 12:00 UTC on June 18, 2026. According to the announcement, all ONDO tokenized US stock assets currently supported on Binance Wallet are covered, including but not limited to: AAPLon (Apple), TSLAon (Tesla), NVDAon (NVIDIA), AMZNon (Amazon), QQQon (Nasdaq ETF), GLDon (Gold ETF), as well as any ONDO tokenized US stock assets that will be added during the event or later on.

On May 18, Tether announced an investment in cross-border financial platform LemFi, a move aimed at boosting stablecoin adoption for remittances in emerging markets and expanding access to borderless financial infrastructure. LemFi primarily caters to cross-border professionals and residents working in the U.K., U.S., Canada, and Europe, offering tailored financial services for remittances sent to Africa and Asia. Tether noted that the investment will enable LemFi to integrate USD? as a core settlement layer across key cross-border corridors, replacing the slow, multi-day SWIFT settlement process to deliver lower costs and near-instant cross-border transfers. The pair also intend to scale their stablecoin integration efforts, rolling out USD? across LemFi’s full product ecosystem to deliver even more stable, transparent, and accessible financial solutions. Tether CEO Paolo Ardoino emphasized that the company’s mission is to drive global financial inclusion via scalable financi