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Immunome announced positive clinical trial results for its drug Varegacestat.
Cogent Biosciences presented detailed clinical data from its PEAK Phase III trial at the 2026 American Society of Clinical Oncology Annual Meeting.
Replimune Group Inc. has released the latest data on its candidate therapy Rp1 in combination with nivolumab, showing remarkable long-term survival benefits in patients with advanced melanoma who have developed resistance to PD-1 therapies, with a median overall survival of 32.9 months.
BCA chief discusses the AI frenzy's peak: the current situation is a profit bubble rather than a traditional valuation bubble, and AI demand indicators will guide the market process
BlockBeats reports that on May 30, BCA Research Chief Global Strategist Peter Berezin analyzed that the current AI bubble is mainly a profit bubble rather than a traditional valuation bubble. Unlike many past stock market bubbles characterized by a rapid surge in price-to-earnings ratios (PE), valuations in the current AI sectors—especially semiconductors—are relatively reasonable, but profit expectations are excessively optimistic and unsustainable. Historically, similar situations appeared with real estate developers and banks before the 2008 financial crisis: their apparent PE ratios were not high, but they relied on unsustainable profit surges. Once profits could not be achieved, the bubble burst. Peter pointed out that semiconductor sales have shown parabolic growth, and current AI demand indicators do not yet suggest that the bubble is about to burst, but all bubbles eventually come to an end.
Peter emphasized that investors should not overly rely on Wall Street analysts’ profit forecasts, because stock prices often drop sharply before profit expectations begin to be revised downward. In previous cycles, 12-month forward EPS usually started to decline a few months after stock prices peaked; if investors wait for EPS to be revised down before selling, they may suffer significant losses. The current key is to monitor changes in AI demand indicators in advance.
BlockBeats reports that on May 30, BCA Research Chief Global Strategist Peter Berezin analyzed that the current AI bubble is mainly a profit bubble rather than a traditional valuation bubble. Unlike many past stock market bubbles characterized by a rapid surge in price-to-earnings ratios (PE), valuations in the current AI sectors—especially semiconductors—are relatively reasonable, but profit expectations are excessively optimistic and unsustainable. Historically, similar situations appeared with real estate developers and banks before the 2008 financial crisis: their apparent PE ratios were not high, but they relied on unsustainable profit surges. Once profits could not be achieved, the bubble burst. Peter pointed out that semiconductor sales have shown parabolic growth, and current AI demand indicators do not yet suggest that the bubble is about to burst, but all bubbles eventually come to an end.
Peter emphasized that investors should not overly rely on Wall Street analysts’ profit forecasts, because stock prices often drop sharply before profit expectations begin to be revised downward. In previous cycles, 12-month forward EPS usually started to decline a few months after stock prices peaked; if investors wait for EPS to be revised down before selling, they may suffer significant losses. The current key is to monitor changes in AI demand indicators in advance.
「Stock God」 Serenity Forecasts AI Hardware Investment Opportunity: Foxconn CPO Switch Ships in Q3, Xinxi is Responsible for its Advanced Optical Business
BlockBeats News, May 30th - The "Stock God" Serenity posted an article interpreting the latest news from Foxconn's shareholders meeting and strongly recommended its subsidiary ChipTech Holdings. According to the shareholders meeting, the CPO (Co-Packaged Optics) switch product has been confirmed to start shipping in Q3, with a target of 10,000 units shipped in 2026, striving to be the global leader, and expecting explosive growth next year. Serenity specifically mentioned: Foxconn's subsidiary responsible for advanced optical business is ChipTech Holdings Limited, and the shipping of these orders in index-level volumes has not yet been fully reflected in the financial report, but is likely to be evident in the second half of the year. This is positioning ahead of the next super cycle, representing the next big opportunity in AI hardware.
BlockBeats Note: Serenity is a highly influential senior trader on the Reddit forum WallStreetBets (WSB), with a cumulative investment return rate of over 3800% this year. The core research results are consistently publicly available for free, with a research framework focusing on key supporting elements in the NVIDIA AI chip industry chain. By deeply analyzing the indispensable "screw" type components in the chip manufacturing and packaging process, accurately identifying the key bottlenecks in the supply chain (Chokepoint), and based on this, exploring upstream targets with scarcity and bargaining power. SIVE (Sivers Semiconductors) is the stock mentioned most by Serenity, with 190 calls before. Since the first public call on March 16, 2026, it has skyrocketed by 1860%.
BlockBeats News, May 30th - The "Stock God" Serenity posted an article interpreting the latest news from Foxconn's shareholders meeting and strongly recommended its subsidiary ChipTech Holdings. According to the shareholders meeting, the CPO (Co-Packaged Optics) switch product has been confirmed to start shipping in Q3, with a target of 10,000 units shipped in 2026, striving to be the global leader, and expecting explosive growth next year. Serenity specifically mentioned: Foxconn's subsidiary responsible for advanced optical business is ChipTech Holdings Limited, and the shipping of these orders in index-level volumes has not yet been fully reflected in the financial report, but is likely to be evident in the second half of the year. This is positioning ahead of the next super cycle, representing the next big opportunity in AI hardware.
BlockBeats Note: Serenity is a highly influential senior trader on the Reddit forum WallStreetBets (WSB), with a cumulative investment return rate of over 3800% this year. The core research results are consistently publicly available for free, with a research framework focusing on key supporting elements in the NVIDIA AI chip industry chain. By deeply analyzing the indispensable "screw" type components in the chip manufacturing and packaging process, accurately identifying the key bottlenecks in the supply chain (Chokepoint), and based on this, exploring upstream targets with scarcity and bargaining power. SIVE (Sivers Semiconductors) is the stock mentioned most by Serenity, with 190 calls before. Since the first public call on March 16, 2026, it has skyrocketed by 1860%.
Ripple plans to lead a $1 billion XRP treasury initiative
According to ChainCatcher, market sources report that Ripple is pushing to raise at least 1 billion USD through SPAC financing to create a publicly listed treasury company focused on XRP. If the transaction is completed, it will become the largest XRP treasury vehicle to date.
According to ChainCatcher, market sources report that Ripple is pushing to raise at least 1 billion USD through SPAC financing to create a publicly listed treasury company focused on XRP. If the transaction is completed, it will become the largest XRP treasury vehicle to date.
Zama Founder: Actively Communicating with All Parties to Unfreeze the cUSDC Contract Expeditiously, Will Release Detailed Post-Mortem Analysis
BlockBeats News, May 30th, Zama Protocol founder Rand released a new statement regarding the freezing of the cUSDC contract incident. The root cause has been identified, and the incident is entirely unrelated to Zama itself or its privacy technology. Instead, it originated from the Overnight Finance hacker address depositing approximately $12.5 million USDC. At that time, the address was not flagged on any sanctions list and was not intercepted by KYT tools. However, last night, a US court issued a restraining order to freeze the hacker-associated wallet. Since over 99% of the funds inside the contract are from this hacker, the court directly demanded freezing the entire wrapper contract to lock the illicit funds.
Zama emphasized that it has always upheld a "compliance with confidentiality" stance and will not tolerate any illegal activities. Currently, it is in communication with all parties to expedite the unfreezing process. Meanwhile, it has suspended the cUSDC, cUSDT, cWETH contracts for a thorough investigation and will release a detailed post-incident analysis and future plans for dealing with such court requests.
BlockBeats News, May 30th, Zama Protocol founder Rand released a new statement regarding the freezing of the cUSDC contract incident. The root cause has been identified, and the incident is entirely unrelated to Zama itself or its privacy technology. Instead, it originated from the Overnight Finance hacker address depositing approximately $12.5 million USDC. At that time, the address was not flagged on any sanctions list and was not intercepted by KYT tools. However, last night, a US court issued a restraining order to freeze the hacker-associated wallet. Since over 99% of the funds inside the contract are from this hacker, the court directly demanded freezing the entire wrapper contract to lock the illicit funds.
Zama emphasized that it has always upheld a "compliance with confidentiality" stance and will not tolerate any illegal activities. Currently, it is in communication with all parties to expedite the unfreezing process. Meanwhile, it has suspended the cUSDC, cUSDT, cWETH contracts for a thorough investigation and will release a detailed post-incident analysis and future plans for dealing with such court requests.
RWA outdoor ecological platform XZ Navigator officially launches on BNB Chain
ChainCatcher news: The RWA ecosystem platform XZ Navigator, which integrates outdoor experiences with digital assets, has officially launched on BNB Chain.
According to reports, XZ Navigator is aimed at global outdoor enthusiasts and high-net-worth individuals, and is committed to tokenizing real-world resources such as offline cultural tourism IP, event rights, and outdoor camps through digital methods. Its core ecosystem mainly covers three sectors: global outdoor route IP, elite social circles, and RWA digital asset empowerment.
According to the official statement, the platform's long-term goal is to build a global network covering 100 countries, 100 selected routes, and 1 million users. In addition, the XZ Token will serve as the core digital rights carrier within the ecosystem, supporting scenarios such as identity verification, event participation, rights transfer, community incentives, and ecosystem governance.
ChainCatcher news: The RWA ecosystem platform XZ Navigator, which integrates outdoor experiences with digital assets, has officially launched on BNB Chain.
According to reports, XZ Navigator is aimed at global outdoor enthusiasts and high-net-worth individuals, and is committed to tokenizing real-world resources such as offline cultural tourism IP, event rights, and outdoor camps through digital methods. Its core ecosystem mainly covers three sectors: global outdoor route IP, elite social circles, and RWA digital asset empowerment.
According to the official statement, the platform's long-term goal is to build a global network covering 100 countries, 100 selected routes, and 1 million users. In addition, the XZ Token will serve as the core digital rights carrier within the ecosystem, supporting scenarios such as identity verification, event participation, rights transfer, community incentives, and ecosystem governance.
Zama Responds to Circle Freezing cUSDC Contract: Legal Team Engaged, Will Soon Restore Qualified Participants' Access
BlockBeats News, May 30th, Zama's official response to Circle's freezing of the cUSDC contract incident. Circle's compliance system flagged a wallet of an external depositor due to holding funds in the cUSDC contract, causing the entire contract to be automatically swept into a standard holding freeze. This was only an incidental damage and not a sanction against the Zama Protocol. Zama's legal team has intervened, isolating the flagged address and will restore access for all unaffected participants as soon as possible.
BlockBeats News, May 30th, Zama's official response to Circle's freezing of the cUSDC contract incident. Circle's compliance system flagged a wallet of an external depositor due to holding funds in the cUSDC contract, causing the entire contract to be automatically swept into a standard holding freeze. This was only an incidental damage and not a sanction against the Zama Protocol. Zama's legal team has intervened, isolating the flagged address and will restore access for all unaffected participants as soon as possible.
The European Union considers unified taxation on the crypto industry, potentially adding billions of euros in revenue to its budget.
ChainCatcher news, the European Commission is studying the feasibility of including the crypto industry in the EU's unified tax system. Preliminary estimates show that taxing crypto transactions and capital gains could generate billions of euros in annual fiscal revenue for the EU.
ChainCatcher news, the European Commission is studying the feasibility of including the crypto industry in the EU's unified tax system. Preliminary estimates show that taxing crypto transactions and capital gains could generate billions of euros in annual fiscal revenue for the EU.