News

BlockBeats News, May 19th, the Federal Reserve released the "2025 U.S. Household Economic Well-being Report," which shows that Generative AI is rapidly entering the U.S. workforce. The survey found that approximately 25% of U.S. workers have used Generative AI in their jobs in the past month, with a significantly higher usage rate among the highly educated. Most AI users believe it can improve efficiency and career development rather than directly replace jobs. The report also points out that cryptocurrency use is still primarily investment-focused. In the "Banking and Payments" section, the Federal Reserve continues to list cryptocurrency as a key area of observation and tracks its use in investment, payments, and financial services. Furthermore, the report shows that the overall financial well-being of U.S. residents is relatively stable, but financial pressures have increased for younger individuals, low-income families, and the Black community. Inflation remains the primary financial concern, and job anxiety has further increased compared to 2024.

Golden Ten Data Futures, May 19 – According to Fubao Information, today the Fubao electric carbon spot basis index is -3,020 yuan/ton (unchanged); battery-grade lithium carbonate is quoted at 181,600 yuan/ton (-6,500 yuan/ton); industrial-grade lithium carbonate (comprehensive) is quoted at 178,900 yuan/ton (-6,500 yuan/ton); high-quality battery-grade lithium carbonate is quoted at 182,600 yuan/ton (-6,500 yuan/ton); lithium hydroxide index is 1,683,833 yuan/ton (-5,500 yuan/ton); metallic lithium index is 1,100,000 yuan/ton (unchanged); Fubao brine (lithium sulfate) discount coefficient is 76% (+1). The spot price of lithium carbonate has dropped, downstream purchasing willingness has increased, and trading atmosphere is positive.

BlockBeats News, May 19th, Echo Protocol announced that unauthorized activity was detected in the deployment of eBTC on Monad, resulting in abnormal minting and fund loss. Initial investigations indicate that the issue stemmed from a compromised administrator key associated with the Monad deployment, with approximately $816,000 in assets confirmed to be affected. Echo stated that the Monad network itself was not compromised and is still operational. The team has regained control of the administrator key and burned the remaining 955 eBTC held by the attacker. The project team further explained: The current incident appears to be limited to the Monad deployment; No evidence has been found to suggest that the Aptos side was affected; aBTC on Aptos and eBTC on Monad are independent, non-bridgable assets; The current risk exposure on Aptos is approximately $71,000. As an additional security measure, Echo has temporarily halted the cross-chain functionality of the Monad deployment and has begun upgrading the relevant EVM bridge contracts and permission control mechanisms. Moreover, users are reminded not to engage with any unofficial claim, refund, or recovery pages.