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BlockBeats News, May 17th, according to Yonhap News Agency, Samsung Electronics labor and management will launch the second round of post-event mediation at 10:00 am (UTC+8) local time on the 18th. Previously, the labor side announced that they would initiate an 18-day general strike starting on the 21st. Therefore, the focus is on whether the mediation can reach an agreement to resolve the conflict and avoid a strike. Under the mediation of the Central Labor Relations Commission, labor and management engaged in marathon negotiations from the 11th to the early morning of the 13th, but failed to narrow the differences on the performance bonus payment standards, leading to the breakdown of the negotiations. The Commission requested the labor side to resume negotiations on the 16th after they refused on the 14th. Both labor and management have accepted the mediation request, and the negotiations will resume after a 5-day hiatus. Lee Jae-yong, the chairman of Samsung Electronics, returned to Korea on the 16th after a business trip overseas. Upon arriving at the Seoul Gimpo Business Aviation Center, he called on the labor side to return to the negotiating table. Lee Jae-yong stated that at this moment, we should unite our strength, move forward together in the same direction, and let us once again do our best, truly honoring the spirit of being a 'Samsung person.' Minister of Employment and Labor, Kwon Ki-moon, also met with the labor and management sides on the 15th and 16th, respectively, to explain the government's position and coordinate opinions.

According to Golden Ten Data on May 17, Australian Treasurer Jim Chalmers reiterated on Sunday that the purpose of reforming Australia’s capital gains tax system is to fix the failing housing market. Chalmers stated that the current tax system favors housing over other assets, which drives up housing prices and pushes young people out of the real estate market. He added that this has also made the Australian stock market relatively unattractive for a long time. This statement comes as the government faces criticism from the opposition, who claim Chalmers has broken his campaign promise of "not changing the housing tax system." Others have warned that this move could hurt Australia’s nascent startup investment sector and disrupt the investment strategies of high-net-worth individuals.

1. US Secretary of Energy: The Strait of Hormuz will reopen by this summer at the latest; 2. Zhejiang Customs cracked a crypto mining machine smuggling case, seizing over 400 mining machines; 3. South Korean Prime Minister Han Duck-soo: Will seek all solutions to avoid Samsung Electronics strike; 4. South Korean Prime Minister: A one-day shutdown of Samsung Semiconductor’s plant would result in losses of up to 1 trillion KRW; 5. Jump Crypto: Firedancer is now live on the Solana mainnet and has started producing blocks; 6. Circle CEO: Willing to invest in teams exploring "letting AI Agents sign legal contracts" on Arc; 7. Machi Big Brother’s 25x long position in ETH has grown to 5,075 ETH, and a new 40x BTC long position has been opened, with total losses exceeding $32 million; 8. HyperEVM chain Meme coin ALT’s market cap surpassed $7 million, with a daily increase of over 440%.