ME News report, May 18 (UTC+8): German company Singularity Quick News summary:

Institutional updates: The Russian ruble stablecoin A7A5 plans to transition into a long-term cross-border settlement tool; South Korean stock market triggers circuit breaker, halting algorithmic trading for five minutes.

Industry highlights: Blockaid reveals that the Verus Ethereum cross-chain bridge was attacked, with approximately $11.58 million stolen; Vitalik notes that the solution of “user-stored data + on-chain proof only” still faces state bloat issues; large unlocks are scheduled for PYTH, ZRO, MBG, and other tokens this week.

Macro market: The global cryptocurrency market cap has declined to $2.56 trillion, down 1.42% in 24 hours; BTC’s market share…