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Yahoo launching Metaverse events for Hong Kong residents under restrictions

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Yahoo has announced its intention to launch a series of Metaverse projects in Hong Kong, apparently creating a brief rally for Decentraland’s native token, MANA.

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Coin Market

Bitcoin SV investors attempt to resurrect 2019 Binance lawsuit

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Investors of Bitcoin Satoshi’s Vision (BSV) — a hard fork of Bitcoin Cash (BCH), which itself is a hard fork of the Bitcoin (BTC) protocol, are attempting to revive a 2019 lawsuit against crypto exchange Binance for delisting the altcoin, which the litigants claim stunted the price of BSV.  

According to Law360, attorneys for the plaintiffs argued that a July 2024 decision from the UK Competition Appeal Tribunal dismissing the “loss of chance” claim made against Binance for delisting the token, should be reconsidered. The litigants demanded $9 billion in damages, in the original case.

The investors continue to claim that Binance’s 2019 delisting of BSV and similar major exchange delistings are the primary drivers of BSV’s long-term price decline and its failure to attract the investor attention enjoyed by Bitcoin.

BSV has been in a long-term price decline and has failed to capture investor attention. Source: TradingView

If the coalition of BSV investors manages to push through their legal argument and win in court, they could seek up to 10 billion British pounds (GBP), or roughly $13 billion, in damages from the exchange.

The price of BSV surged by approximately 15% following the news and is currently trading at around $42. However, the altcoin remains in a long-term downtrend and has failed to capture the vast majority of the economic or computing power from the Bitcoin network.

Related: Nike sued for $5 million over its shutdown of NFT platform RTFKT

Binance delists BSV due to founder Craig Wright’s behavior

Binance delisted BSV in April 2019 after announcing that the token failed to meet its listing standards due to the actions of BSV creator Craig Wright, who is infamous in the crypto world for falsely asserting that he is Bitcoin creator Satoshi Nakamoto.

Former CEO of the Binance exchange, Changpeng Zhao warned BSV of an impending delisting if Wright continued to make the claims that he was Bitcoin’s pseudonymous creator.

Since that time, BSV has suffered several 51% attacks, a type of exploit where malicious nodes control a majority of the computing power on the network and can double-spend funds — removing one of the core mechanisms that make digital currencies valuable.

Magazine: This is your brain on crypto: Substance abuse grows among crypto traders

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Coin Market

Bitcoin now deflationary due to Strategy's BTC purchases — Analyst

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Strategy, a Bitcoin (BTC) treasury company, is accumulating Bitcoin at a faster rate than total miner output, giving the supply-capped asset a -2.33% annual deflation rate, according to CryptoQuant CEO and market analyst Ki Young Ju.

“Their 555,000 BTC is illiquid with no plans to sell,” the analyst wrote in a May 10 X post. “Strategy’s holdings alone mean a -2.23% annual deflation rate — likely higher with other stable institutional holders,” Ju continued.

Michael Saylor, the co-founder of Strategy, is an outspoken Bitcoin advocate who evangelizes the scarce digital currency to potential investors and has inspired many other companies to adopt a Bitcoin treasury plan.

The total BTC supply is shrinking due to Strategy accumulating Bitcoin. Source: Ki Young Ju

Additionally, Strategy acts as a bridge between Bitcoin and traditional financial (TradFi) markets by funneling funds from TradFi investors into Bitcoin through selling corporate debt and equity, which the company uses to finance more BTC purchases. According to Michael Saylor, over 13,000 institutions hold Strategy stock directly in their portfolios.

Bitcoin investors continue to watch the company and its effect on Bitcoin market dynamics. Strategy leads the charge toward institutional adoption of Bitcoin, further restricting the supply of available coins and raising BTC prices, while dampening volatility.

Related: Bitcoin yet to hit $150K because outsiders are ghosting — Michael Saylor

Strategy and corporate institutions change the Bitcoin market dynamic

Adam Livingston, author of “The Bitcoin Age and The Great Harvest.” recently said that Strategy is synthetically halving Bitcoin by outpacing miner supply through high demand.

According to the author, the current collective daily miner output is approximately 450 BTC, while Strategy accumulates an average of 2,087 BTC per day — over 4 times the daily miner production.

Miner reserves are dwindling and are in a long-term decline. Source: CryptoQuant

Other institutions including hedge funds, pension funds, asset managers, and tech companies continue buying BTC as a portfolio diversifier or a treasury asset to hedge against fiat currency inflation.

ETF inflows have also helped to stabilize Bitcoin’s price by injecting fresh capital from traditional financial markets, smoothing out the volatility of Bitcoin and making downturns less severe.

However, the most august institutional players — sovereign wealth funds — will not ramp up Bitcoin purchases until clear cryptocurrency regulations are established in the United States, according to SkyBridge founder Anthony Scaramucci.

Once a comprehensive regulatory framework emerges in the US, it will trigger large blocks of Bitcoin purchases by sovereign wealth funds, increasing Bitcoin’s price, Scaramucci added.

Magazine: Bitcoin vs. the quantum computer threat: Timeline and solutions (2025–2035)

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Technology

TCL CSOT to Unveil Industry-Leading Display Innovations at SID Display Week 2025

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SAN JOSE, Calif., May 10, 2025 /PRNewswire/ — TCL CSOT, a global leader in display technologies, is set to participate in SID Display Week 2025 with a compelling showcase of innovations that will define the next generation of intelligent displays. From high-performance Inkjet Printing OLED (IJP OLED) and MLED products to advanced FMM OLED and LCD applications, TCL CSOT will present a full spectrum of future-ready display solutions under its APEX innovation platform.

“Introduced in 2024, the APEX brand represents TCL CSOT’s vision for the future of display technology—where exceptional visual performance aligns with human-centric innovation, energy efficiency, and sustainable development,” said Jun Zhao, Chief Executive Officer of TCL CSOT. “At SID 2025, the APEX platform will debut a new generation of groundbreaking technologies that reflect our continued commitment to shaping a more intelligent and environmentally conscious display era.”

Breakthroughs Across Sizes and Applications in IJP OLED

TCL CSOT has been a pioneer in IJP OLED for over a decade. With consistent investment and deep technical expertise, the company has introduced multiple world-first innovations—spanning ultra-large panels and high-resolution flexible displays. As one of the first manufacturers to achieve production-scale commercialization of IJP OLED, TCL CSOT is advancing both the performance and scalability of the technology through greater material efficiency and process flexibility.

At SID 2025, TCL CSOT will debut a complete IJP OLED family bucket—including smartphones, tablets, laptops, rollable displays, and TVs—highlighting the brand’s industry leadership in delivering eco-efficient, production-ready IJP OLED solutions across all mainstream device categories.

Advancing the Full-Spectrum MLED Ecosystem

TCL CSOT continues to push the boundaries of Micro LED technology, introducing high-contrast, high-uniformity display solutions across a wide range of form factors. As part of its MLED ecosystem strategy, the company will present next-generation innovations across scale, brightness, and integration—pushing the boundaries of Micro LED applications. These innovations signal the ongoing evolution of MLED technology into a true platform for immersive, sustainable, and intelligent visual systems.

APEX Across Categories – Comprehensive Display Innovation

In addition to OLED and MLED advancements, TCL CSOT’s APEX platform will feature a robust lineup of innovations across multiple display segments. Highlights include:

Advanced HVA and HFS technologies for improved image quality, low power consumption, and eye-care.Breakthrough FMM OLED displays for slim, high-performance consumer electronics.Next-gen automotive displays designed to elevate in-cabin interactivity, visibility, and aesthetics.

Together, these innovations reflect TCL CSOT’s comprehensive leadership across the intelligent display ecosystem—advancing user experience, technical versatility, and environmental responsibility across industries.

Exhibition Details

Event: SID Display Week 2025
Date: May 13–15, 2025
Location: San Jose McEnery Convention Center, California
Booth: #816

TCL CSOT warmly welcomes industry professionals, media representatives, and ecosystem partners to visit its booth and experience firsthand the technologies that are shaping the future of smart visual interaction. The company looks forward to engaging discussions, collaboration opportunities, and the sharing of insights that will define the next phase of display innovation.

About TCL CSOT

Established in 2009, TCL China Star Optoelectronics Technology Co., Ltd. (TCL CSOT) is a leading global innovator in display technologies. Its LCD, OLED, and MLED solutions power applications across TVs, smartphones, tablets, laptops, monitors, automotive systems, VR/XR, and commercial displays. With continuous investment in R&D and a strong global supply ecosystem, TCL CSOT is committed to shaping the future of display technology with intelligent, energy-efficient, and user-centric innovations. As part of TCL’s Worldwide Olympic Partnership through 2032, TCL CSOT is proud to deliver display solutions that elevate experiences on the global stage.

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SOURCE TCL China Star Optoelectronics Technology

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