Overview of Key Overnight Developments on May 12

21:00 (UTC+8) - 7:00 (UTC+8) Keywords: STRC, CoW DAO, "Freedom Plan", "14-point Proposal" 1. Speaker of Iran: The "14-point Proposal" is irreplaceable;2. Bitcoin mining company IREN will issue convertible notes to raise 2 billion USD;3. Michael Saylor: STRC risk-adjusted returns outperform mainstream hedge fund strategies;4. American Bankers Association urgently pressures Congress, requesting to tighten stablecoin yield limitation regulations;5. Ethereum Foundation: Current development focus remains on completing the final delivery of Glamsterdam;6. Trump: If necessary, the "Freedom Plan" operation may be rebooted, or even "tougher measures" could be taken;7. The CoW DAO domain hijacking incident’s user compensation plan has been approved. Affected users must file claims before May 14.