Midday Highlights on May 21

7:00 (UTC+8)-12:00 (UTC+8) Keywords: Kalshi, Sui, Syndicate Labs, Y Combinator1. Syndicate Labs announced it will cease operations soon.2. Kalshi received an additional $200 million in funding from new institutions.3. The departure of several core executives from the Ethereum Foundation has once again sparked heated discussions within the industry.4. Sui announced the launch of a gas-free stablecoin transfer feature, simplifying global payment infrastructure.5. The Federal Reserve plans to introduce a streamlined payment account and open its payment system to fintech companies.6. Boosted by both OpenAI and SB Energy's IPO plans, SoftBank's share price soared by nearly 20%.7. Y Combinator launched the “YC Crypto Deals” program with partners including the Solana Foundation.8. Court documents accuse Jane Street of profiting $134 million by shorting UST using Terraform insider information.