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Updated 5 hours ago
SoSo Daily May 16 | Berkshire Hathaway, under Warren Buffett, has completely sold off its Nubank shares, earning a profit of 250 million USD.
SoSo Daily May 16 | Berkshire Hathaway, under Warren Buffett, has completely sold off its Nubank shares, earning a profit of 250 million USD.
SoSo Daily May 16 | Berkshire Hathaway, under Warren Buffett, has completely sold off its Nubank shares, earning a profit of 250 million USD.
SoSo Daily May 16 | Berkshire Hathaway, under Warren Buffett, has completely sold off its Nubank shares, earning a profit of 250 million USD.
SoSo Daily May 16 | Berkshire Hathaway, under Warren Buffett, has completely sold off its Nubank shares, earning a profit of 250 million USD.
SoSo Daily May 16 | Berkshire Hathaway, under Warren Buffett, has completely sold off its Nubank shares, earning a profit of 250 million USD.
SoSo Daily May 16 | Berkshire Hathaway, under Warren Buffett, has completely sold off its Nubank shares, earning a profit of 250 million USD.
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Binance Alpha Launches Project MIRAI (MIRAI)
TechFlow

According to deep technology news TechFlow, on May 16, Project MIRAI (MIRAI) was launched on Binance Alpha, as per the official page.

13 hours ago
Market news: The Federal Reserve will lay off approximately 10% of its workforce over the next few years.
Odaily
Odaily Planet Daily News: Market news: The Federal Reserve will lay off about 10% of its workforce over the next few years. (Jin10)
7 hours ago
The American fast-food chain Steak 'n Shake officially accepts Bitcoin payments nationwide.
ForesightNews
American fast-food chain Steak 'n Shake officially accepts Bitcoin payments nationwide.
#Bitcoin
$BTC
7 hours ago
The Central Bank of Saudi Arabia disclosed holding shares in Strategy, indirectly investing in Bitcoin assets.
PANews
The Central Bank of Saudi Arabia has disclosed its holdings in Strategy (formerly MicroStrategy), indirectly investing in Bitcoin assets. This information was reported by Ash Crypto and published by PANews on May 16.
#Bitcoin
$BTC
21 hours ago
On-chain intelligent trading platform TrendX secured a strategic investment of 5.20 million USD, with Animoca Brands and Cream Labs participating.
TechFlow

According to TechFlow, on May 16, the on-chain intelligent trading platform TrendX announced the completion of a new round of strategic financing amounting to 5.20 million USD, with investors including Animoca Brands and Cream Labs. After this round of financing, TrendX's total funding reached 11.20 million USD, supported by 14 institutions from cutting-edge fields such as AI, DePIN, and DeFi.

#Fundraising
13 hours ago
Renowned crypto trader Cobie joins investment firm Paradigm as an advisor
The Block
Jordan Fish, known as Cobie, has joined crypto investment firm Paradigm as an advisor. Cobie is the founder of Echo, a platform enabling retail investors to access early-stage crypto funding rounds. Paradigm cofounder Matt Huang expressed excitement about the collaboration. Cobie aims to improve decentralized project funding without concentrating ownership. Paradigm has also onboarded other experts like ZachXBT and samczsun. Cobie will advise Paradigm's public market/liquid fund. Paradigm recently led a $50 million Series A funding for decentralized AI project Nous Research.
#Fundraising
17 hours ago
Bitget Releases April Transparency Report, Contract Trading Volume Increases by 17.3% Month-on-Month to 757.60 Billion USD
TechFlow

According to TechFlow, on May 16th, Bitget released its transparency report for April 2025, showing that the platform's spot trading volume reached 68.60 billion USD, and the contract trading volume reached 757.60 billion USD, representing a month-on-month increase of 14.8% and 17.3%, respectively.

During the same period, Bitget launched a series of innovative products, including the introduction of Bitget Onchain trading, enabling seamless connection between centralized exchanges (CEX) and decentralized exchanges (DEX). This provides users with a more convenient, efficient, and secure on-chain trading experience, breaking down barriers in on-chain trading. Additionally, Bitget upgraded its liquidity incentive program by optimizing fee structures and incentive mechanisms to further enhance liquidity and trading efficiency in both spot and contract markets.

In terms of compliance, El Salvador's National Digital Asset Commission (CNAD) granted Bitget the Digital Asset Service Provider (DASP) license. Following the acquisition of the Bitcoin Service Provider (BSP) license in 2024, Bitget has further expanded its local compliance footprint.

13 hours ago
BTC is now at $104,000
SoSo Price Bot
According to SoSoValue, BTC(Bitcoin) is now at $104,000, up 0.14% in the past 1H, up 0.92% in the last 24H.
$BTC
3 hours ago
Sichuan Public Security Cracks Down on Illegal Forex Operation Case Involving Virtual Currency Arbitrage Worth 3.90 Billion Yuan
PANews
Sichuan Public Security Bureau released a typical case: a gang illegally operated foreign exchange through virtual currency arbitrage and other means, involving an amount exceeding 3.90 billion yuan. The case began in August 2021, with suspects Fan, He, Chen, and others establishing a studio and a technical consulting company in Chengdu. They used social software for traffic diversion, cooperated with domestic foreign exchange agencies as agents, and provided illegal cross-border RMB exchange services, involving overseas gift card cash-outs and virtual currency wash trading. A total of 21 suspects have been successfully arrested. The investigation concluded in December 2024 and the case has been transferred for prosecution.
18 hours ago
Solv announces the launch of SolvBTC.AVAX, a Bitcoin yield asset supported by RWA, on the Avalanche chain.
吴说
Solv announced the launch of SolvBTC.AVAX, a Bitcoin yield asset backed by Real-World Assets (RWA) on the Avalanche chain. This product is jointly developed by Solv in collaboration with Avalanche, Elixir, Euler, LFJ, and Balancer. The core yield sources include BlackRock's BUIDL and Hamilton Lane's SCOPE. Solv stated that the product has received official incentive support from Avalanche and aims to explore asset structures combining BTC with RWA.
#DeFi
$AVAX
$SOLV
9 hours ago
Elon Musk changes Kekius Maximus avatar, KEKIUS token surges 136% within 4 hours
吴说
Wu Shuo learned that after Elon Musk changed his Twitter avatar to Kekius Maximus and modified his username, the KEKIUS token on Ethereum quickly rebounded. According to the latest data, KEKIUS has risen by 136.24% in the past 4 hours.
$ETH
3 hours ago
Abu Dhabi's sovereign wealth fund Mubadala holds over 400 million USD worth of BlackRock Bitcoin ETF.
ForesightNews
Abu Dhabi sovereign wealth fund Mubadala holds over 400 million USD worth of BlackRock Bitcoin ETFs.
#ETF
22 hours ago
Wall Street analysts believe the impact of the Coinbase network attack and SEC investigation is limited, leading to a rebound in the stock price.
The Block
Background: Coinbase faced a dual blow this week with a cyberattack and an investigation by the U.S. Securities and Exchange Commission (SEC) into whether its user metrics were overstated, causing the stock price to drop by more than 7% at one point. Key Events: The cyber attackers attempted to extort 20 million USD. The incident could lead to up to 400 million USD in remediation and customer compensation costs but did not involve customer funds or login systems, affecting less than 1% of users. The SEC investigation concerns the user metrics reported during the company's public listing in 2021, and Coinbase has ceased reporting this metric for two and a half years. Analyst Views: Several Wall Street analysts believe the incident has limited long-term impact on the company, viewing it as a short-term fluctuation or even a buying opportunity. Institutions such as Mizuho and Oppenheimer maintain buy ratings and have raised target prices, while Barclays considers the market reaction to be excessive. Coinbase is expected to receive significant passive capital inflows due to its inclusion in the S&P 500 index. Potential Impact: Despite short-term challenges, Coinbase is still regarded as a high-quality platform within the crypto ecosystem and is expected to benefit in the future from institutional investor adoption and regulatory clarity.
#ETF
18 hours ago
Alabama Man Sentenced to 14 Months in Prison for Hacking SEC Account and Posting False Bitcoin ETF News
The Block
A man from Alabama was sentenced to 14 months in prison for hacking into the U.S. Securities and Exchange Commission (SEC) social media accounts and posting false news about the approval of a Bitcoin spot exchange-traded fund (ETF). The incident occurred one day before the SEC officially approved the Bitcoin spot ETF, causing Bitcoin's price to briefly surge by over 1,000 USD. The defendant, Eric Council Jr., pleaded guilty to conspiracy to commit identity theft and device fraud. The U.S. Department of Justice stated that such actions undermine market integrity and emphasized that violators will be held accountable.
#Bitcoin
$BTC
16 hours ago
Whale user deposits nearly 50 thousand SOL into Kraken, incurs a loss of 3.11 million USD due to coin price decline
PANews
According to a report by PANews on May 16, Lookonchain monitoring shows that a whale user deposited 49,858 SOL, worth approximately 8.46 million USD, into the Kraken exchange 7 hours ago. However, due to the decline in the coin price, they incurred a loss of 3.11 million USD. Six months ago, this whale user withdrew 48,185 SOL from Kraken at a price of 240 USD per SOL, worth about 11.58 million USD, and staked them. During this period, they earned 1,673 SOL in staking rewards, approximately 286 thousand USD, but ultimately suffered losses due to the drop in the coin price.
#Layer1
$MAG7.SSI
$SOL
19 hours ago
Wall Street Downplays Impact of Coinbase Network Attack, Bitcoin Corporate Treasury Expands to Brazil
The Block
This article is excerpted from The Block's newsletter "The Daily," covering the latest developments in the digital asset market. It begins by reporting that Bitcoin's price remains consolidated around $104,000, driven by institutional inflows and a "buy the dip" sentiment, despite the seasonal notion of a "May sell-off." Wall Street analysts have been indifferent to the network attack on Coinbase and the U.S. Securities and Exchange Commission's (SEC) investigation, considering the impact limited. Brazilian publicly listed company Méliuz has become the country's first Bitcoin treasury company, purchasing 274.5 bitcoins. A U.S. district court judge rejected the SEC's request to settle a long-standing legal dispute with Ripple due to procedural issues. Abu Dhabi sovereign wealth fund Mubadala has increased its holdings in BlackRock's Bitcoin ETF shares. Federal prosecutors have charged 12 individuals in a $263 million cryptocurrency extortion case involving high-value victims, including early Bitcoin investors and creditors of the bankrupt lending company Genesis. The criminal group established relationships through online gaming platforms, evolving into a sophisticated cryptocurrency theft and money laundering operation that employed mixers, VPNs, and fake identities. The defendants also squandered some of the illicit proceeds on nightclub expenses and luxury car purchases. The article highlights significant events within the digital asset ecosystem, urging readers to stay informed about the latest developments.
#Bitcoin
$BTC
16 hours ago
Three CFTC commissioners are set to resign, Brian Quintenz may succeed as chairman.
The Block
Christy Goldsmith Romero, a senior official at the U.S. Commodity Futures Trading Commission (CFTC), announced her resignation effective May 31, becoming the third commissioner to leave this week. She previously stated her intention to resign following the confirmation of CFTC Chairman Brian Quintenz, who was nominated by former President Trump. The CFTC plays a significant role in cryptocurrency regulation, and its responsibilities are expected to become clearer as legislation progresses. Romero expressed that it has been an honor to work with her colleagues and team. Previously, Republican commissioners Caroline Pham and Summer Mersinger also announced their departures, with Mersinger set to become the CEO of the Blockchain Association. Quintenz's confirmation hearing has yet to be scheduled; once confirmed, he is expected to maintain a crypto-friendly stance. At that time, Democratic commissioner Kristin Johnson will be the sole remaining commissioner, and Trump will need to nominate new commissioners to fill the vacancies.
#Macro
17 hours ago
FTX Launches Second Round of $5 Billion Creditor Repayment Plan, Market Performance Remains Stable
AmbCrypto
FTX will begin the second round of creditor repayments on May 30, planning to distribute over 5 billion USD. This repayment covers four categories of creditors, with recovery rates ranging from 54% to 120%, depending on the type of claim. A fifth category of creditors, including Alameda Research partners, trading vendors, and lenders, will recover 54% to 72% of valid claims. Small unsecured creditors will receive approximately 61% repayment, while internal claims between subsidiaries will be fully repaid with an additional 20%. The FTX Recovery Trust has pushed over 90% of eligible claims into the distribution process, with funds to be transferred via BitGo and Kraken platforms within 1 to 3 business days after May 30. Although previous FTX distributions triggered a prolonged downturn in the crypto market, the current market shows some resilience. The global crypto market capitalization has reached 3.44 trillion USD, rising 1.1% within 24 hours. Bitcoin's price has increased to 103,655 USD, up 1.7%, while Solana's price, despite fluctuations, remains at 171.14 USD. While caution is advised, the market has not yet entered a full bear phase.
$BTC
$FTT
$SOL
11 hours ago
The DeGods founder's wallet was hacked, resulting in a loss of approximately 19 thousand USD in crypto assets.
ForesightNews
The DeGods founder's wallet was hacked, resulting in a loss of approximately 19 thousand US dollars in crypto assets.
#NFT
20 hours ago
wublockchain12
According to a 13F filing with the U.S. Securities and Exchange Commission (SEC) on Thursday, the Wisconsin Investment Board has liquidated its holdings in BlackRock's spot Bitcoin ETF (IBIT) in the fiscal quarter ending in March, with the original holding valued at approximately $321.00 million. Despite exiting IBIT, the institution still holds approximately $19.00 million in Coinbase stock, indicating that it has not completely abandoned crypto-related asset allocation. (The Block) https://t.co/qik5wMasJN
#ETF
21 hours ago
DeFi Development Collaborates with BONK to Jointly Manage Validator Nodes, SOL Holdings Increase to 609,190 Tokens
吴说

DeFi Development Corp. (DFDV) announced a partnership with the memecoin community BONK on Solana to jointly manage validator nodes and plans to integrate BONK's liquid staking token BONKSOL, with both parties sharing node rewards proportionally. Additionally, the company acquired 16,447 SOL tokens, increasing its holdings to 609,190 SOL, with a total value of approximately 107 million USD. (CoinDesk)

#DeFi
$BONK
$MAG7.SSI
$SOL
6 hours ago
Northern Mariana Islands Pass Stablecoin Act; Tinian to Issue First U.S. Public Entity Stablecoin
PANews
The Northern Mariana Islands overturned the governor's veto through the Stablecoin Act. This act allows its island Tinian to issue the stablecoin "Marianas US Dollar (MUSD)" and authorizes the Tinian local government to grant licenses for online casinos. The Tinian government selected the local technology company Marianas Rai Corporation as the exclusive infrastructure provider for MUSD, which will be issued on the eCash blockchain. Governor Arnold Palacios had vetoed the act citing legal and constitutional concerns, but both the Senate and House overrode the veto with more than a two-thirds majority. Supporters believe the act will help attract investment and promote economic development, while opponents worry about gambling-related issues. This act may make Tinian the first U.S. public entity to issue a stablecoin.
#DeFi
$XEC
17 hours ago
Fireblocks: Institutional Trust in Stablecoins Hits a New High, 86% of Institutions Now Equipped with Stablecoin Integration Capabilities
TechFlow

According to TechFlow, on May 16, Cryptoslate reported that Fireblocks revealed institutional adoption of stablecoins has reached an all-time high. The report indicated that 86% of surveyed institutions have established partnerships and systems to support stablecoin integration. Currently, 49% of institutions are actively using stablecoins for payments, 23% are conducting pilots, and 18% are preparing for implementation.

Compared to 2023, adoption barriers have significantly decreased: compliance concerns dropped from 74% to 18%, and regulatory uncertainty fell from 85% to 25%. Cross-border transactions have become the primary demand, with 58% of traditional banks viewing cross-border payments as the foremost use case for stablecoins.

#DeFi
20 hours ago
France Strengthens Security Measures for Cryptocurrency Entrepreneurs Amid Multiple Suspected Kidnapping Incidents
吴说
Wu Shuo has learned that after several cryptocurrency entrepreneurs and their families in France experienced two successful kidnappings and one attempted kidnapping, the French government announced it will provide these individuals and their families with priority emergency reporting channels, on-site security inspections, and safety advice. Additionally, law enforcement personnel will receive anti-money laundering training related to crypto assets. French Minister of the Interior Bruno Retailleau stated that these violent incidents targeting cryptocurrency industry practitioners are suspected to be interconnected. The cases are currently under investigation by prosecutors specializing in organized crime, and multiple suspects have already been arrested.
7 hours ago
XRP Drops 4%, Bitcoin Traders Cautious Around $105,000 Price Resistance
CoinDesk
XRP price dropped by 4%, Bitcoin traders remain cautious about the $105,000 price resistance.
#Bitcoin
$BTC
$MAG7.SSI
$XRP
1 day ago
FTX's bankruptcy assets will pay over 5 billion USD to creditors
CoinDesk
FTX announced that it will pay creditors more than 5 billion USD as part of the preparation for the distribution of bankruptcy assets. This move marks a critical phase in the FTX bankruptcy process, aiming to repay debts through asset allocation.
$FTT
1 day ago
The U.S. Department of Justice Accuses 12 Individuals in $263 Million Cryptocurrency Theft Related to Genesis Creditors
CoinDesk
The U.S. Department of Justice has charged 12 individuals in connection with a $263 million cryptocurrency theft case involving Genesis creditors.
1 day ago
Bitcoin Bulls Face $120 Million Challenge, Striving to Sustain Stair-Step Uptrend
CoinDesk
Bitcoin bulls face a challenge of $120 million as they attempt to continue their "stair-step" upward trend.
#Bitcoin
$BTC
1 day ago
Americas Crypto Market Update: Fintech Companies and Funds Continue Accumulating Bitcoin Despite Temporary Pause in Bullish Activity
CoinDesk
This article introduces the latest developments in the cryptocurrency market in the Americas, focusing on the behavior of fintech companies and funds in the Bitcoin market. Despite a temporary pause in the bullish market, these institutions continue to hold large amounts of Bitcoin, demonstrating confidence in the future market. The article analyzes the background of this phenomenon, the current market situation, and its potential impact.
#Bitcoin
$BTC
1 day ago
Analyst Says Market Overreacted to Coinbase Hack Incident, SEC Investigation Affects COIN Stock Price
CoinDesk
Analysts say the market's reaction to the Coinbase hacking incident is exaggerated, despite the SEC investigation causing COIN's stock price to decline.
1 day ago
Cryptocurrency benchmark agency states that the bearish sentiment on Ethereum has ended, driving ETH price increase
CoinDesk
The bearish sentiment on Ethereum has ended, driving up the price of ETH. The cryptocurrency benchmark publisher pointed out that the shift in market sentiment is the main reason behind the surge in ETH prices.
#Layer1
$ETH
$MAG7.SSI
1 day ago
Wisconsin Sells Entire $350 Million Spot Bitcoin ETF Holdings
CoinDesk
Wisconsin has sold its entire holdings of spot Bitcoin ETF valued at 350 million USD.
#ETF
$BTC
1 day ago
Court Dismisses Ripple and SEC XRP Settlement Application Due to Procedural Defects
CoinDesk
The court rejected Ripple's and the U.S. Securities and Exchange Commission's (SEC) application for settlement regarding XRP, citing "procedural defects."
$MAG7.SSI
$XRP
1 day ago
CoinDesk 20 Index Performance Update: AAVE Leads with a 7.4% Increase
CoinDesk
CoinDesk 20 Index Performance Update: AAVE rose by 7.4%, driving the overall index higher.
#DeFi
$AAVE
1 day ago
CoinDesk analyst suggests that UK cryptocurrency companies establish Bitcoin treasuries
CoinDesk
CoinDesk analysts recommend that UK cryptocurrency companies establish Bitcoin treasuries.
#Bitcoin
$BTC
1 day ago
Film producer David Goyer bets on blockchain technology to create a new sci-fi series
CoinDesk
Filmmaker David Goyer is planning to use blockchain technology for his next science fiction franchise. This move indicates a blend of traditional filmmaking with innovative digital technology, potentially impacting how sci-fi stories are produced and distributed.
1 day ago
Bitcoin Latest Updates: Top Win Brand Revamp, Steak N Shake Accepts Bitcoin, Galaxy Listed on NASDAQ
CoinDesk
This news covers recent developments in Bitcoin adoption, including a rebranding of Top Win, Steak N Shake starting to accept Bitcoin as payment, and Galaxy's debut on the Nasdaq stock exchange. These events highlight growing acceptance and integration of Bitcoin in various sectors, from retail to financial markets.
#Bitcoin
$BTC
1 day ago
KULR Announces Q1 2025 Performance: Revenue Grows by 40%, Achieves Bitcoin Mining Revenue for the First Time, and Launches Blockchain Supply Chain Project
The Block
KULR Technology announced its Q1 2025 financial report, with revenue increasing by 40% year-on-year to 2.45 million USD, primarily driven by product sales. The company's net loss expanded to 18.81 million USD, mainly due to the market value adjustment of Bitcoin holdings. KULR expanded its Bitcoin assets to 716.20 BTC (approximately 74.40 million USD), with a total cost of 69 million USD and an unrealized gain of 5.40 million USD. The company recognized Bitcoin mining revenue of 250 thousand USD for the first time and launched a blockchain-based supply chain project, utilizing the Ethereum Layer 2 network Base to achieve transparency and security of product data. KULR also secured 6.70 million USD in aerospace technology funding, entered the U.S. robotics market, and partnered with AstroForge to conduct asteroid mining missions. The company's CEO stated that 2025 is a year of transformation, planning to drive growth through Bitcoin assets and business expansion.
#Bitcoin
$BTC
20 hours ago
USDJ officially launches Sunset Plan, aiming for a gradual and orderly exit
TechFlow
According to TechFlow on May 16, official information confirms that USDJ has officially launched the "Sunset Plan," aiming to complete the full market exit transition by August 31, 2025. This decision aligns with the development trends in the DeFi industry, optimizes resource allocation, and gradually shifts the focus to more efficient next-generation stablecoins such as USDD within the TRON ecosystem. Starting from May 16, JustLend DAO will suspend new USDJ deposits and borrowing functions, while existing positions remain unaffected. The platform will also gradually reduce the collateralization ratio of USDJ as appropriate, advising relevant users to monitor and adjust their asset structures promptly to avoid potential liquidation risks. During the transition period, the official team commits to continuously maintaining USDJ liquidity on mainstream DEXs such as SunSwap and providing convenient asset exchange channels for USDD, USDT, and others. The JustStable team stated that they will continue to promote more innovative projects in the TRON DeFi ecosystem in the future, working hand in hand with users to build a more valuable financial future.
#DeFi
$TRX
8 hours ago
A certain whale deposited 1.70 million USDC into HyperLiquid and took a 20x short position on SOL.
TechFlow

According to TechFlow, on May 16, on-chain analyst Onchain Lens (@OnchainLens) monitored that a certain whale deposited 1.70 million USDC into HyperLiquid and opened a short position on SOL with 20x leverage.

#DeFi
$HYPE
$MAG7.SSI
$SOL
7 hours ago
The American fast-food chain Steak 'n Shake officially accepts Bitcoin payments nationwide.
ForesightNews
American fast-food chain Steak 'n Shake officially accepts Bitcoin payments nationwide.
#Bitcoin
$BTC
7 hours ago
Solv announces the launch of SolvBTC.AVAX, a Bitcoin yield asset supported by RWA, on the Avalanche chain.
吴说
Solv announced the launch of SolvBTC.AVAX, a Bitcoin yield asset backed by Real-World Assets (RWA) on the Avalanche chain. This product is jointly developed by Solv in collaboration with Avalanche, Elixir, Euler, LFJ, and Balancer. The core yield sources include BlackRock's BUIDL and Hamilton Lane's SCOPE. Solv stated that the product has received official incentive support from Avalanche and aims to explore asset structures combining BTC with RWA.
#DeFi
$AVAX
$SOLV
9 hours ago
Elon Musk changes Kekius Maximus avatar, KEKIUS token surges 136% within 4 hours
吴说
Wu Shuo learned that after Elon Musk changed his Twitter avatar to Kekius Maximus and modified his username, the KEKIUS token on Ethereum quickly rebounded. According to the latest data, KEKIUS has risen by 136.24% in the past 4 hours.
$ETH
3 hours ago
BTC is now at $104,000
SoSo Price Bot
According to SoSoValue, BTC(Bitcoin) is now at $104,000, up 0.14% in the past 1H, up 0.92% in the last 24H.
$BTC
3 hours ago
Wall Street Downplays Impact of Coinbase Network Attack, Bitcoin Corporate Treasury Expands to Brazil
The Block
This article is excerpted from The Block's newsletter "The Daily," covering the latest developments in the digital asset market. It begins by reporting that Bitcoin's price remains consolidated around $104,000, driven by institutional inflows and a "buy the dip" sentiment, despite the seasonal notion of a "May sell-off." Wall Street analysts have been indifferent to the network attack on Coinbase and the U.S. Securities and Exchange Commission's (SEC) investigation, considering the impact limited. Brazilian publicly listed company Méliuz has become the country's first Bitcoin treasury company, purchasing 274.5 bitcoins. A U.S. district court judge rejected the SEC's request to settle a long-standing legal dispute with Ripple due to procedural issues. Abu Dhabi sovereign wealth fund Mubadala has increased its holdings in BlackRock's Bitcoin ETF shares. Federal prosecutors have charged 12 individuals in a $263 million cryptocurrency extortion case involving high-value victims, including early Bitcoin investors and creditors of the bankrupt lending company Genesis. The criminal group established relationships through online gaming platforms, evolving into a sophisticated cryptocurrency theft and money laundering operation that employed mixers, VPNs, and fake identities. The defendants also squandered some of the illicit proceeds on nightclub expenses and luxury car purchases. The article highlights significant events within the digital asset ecosystem, urging readers to stay informed about the latest developments.
#Bitcoin
$BTC
16 hours ago
Alabama Man Sentenced to 14 Months in Prison for Hacking SEC Account and Posting False Bitcoin ETF News
The Block
A man from Alabama was sentenced to 14 months in prison for hacking into the U.S. Securities and Exchange Commission (SEC) social media accounts and posting false news about the approval of a Bitcoin spot exchange-traded fund (ETF). The incident occurred one day before the SEC officially approved the Bitcoin spot ETF, causing Bitcoin's price to briefly surge by over 1,000 USD. The defendant, Eric Council Jr., pleaded guilty to conspiracy to commit identity theft and device fraud. The U.S. Department of Justice stated that such actions undermine market integrity and emphasized that violators will be held accountable.
#Bitcoin
$BTC
16 hours ago
Renowned crypto trader Cobie joins investment firm Paradigm as an advisor
The Block
Jordan Fish, known as Cobie, has joined crypto investment firm Paradigm as an advisor. Cobie is the founder of Echo, a platform enabling retail investors to access early-stage crypto funding rounds. Paradigm cofounder Matt Huang expressed excitement about the collaboration. Cobie aims to improve decentralized project funding without concentrating ownership. Paradigm has also onboarded other experts like ZachXBT and samczsun. Cobie will advise Paradigm's public market/liquid fund. Paradigm recently led a $50 million Series A funding for decentralized AI project Nous Research.
#Fundraising
17 hours ago
Three CFTC commissioners are set to resign, Brian Quintenz may succeed as chairman.
The Block
Christy Goldsmith Romero, a senior official at the U.S. Commodity Futures Trading Commission (CFTC), announced her resignation effective May 31, becoming the third commissioner to leave this week. She previously stated her intention to resign following the confirmation of CFTC Chairman Brian Quintenz, who was nominated by former President Trump. The CFTC plays a significant role in cryptocurrency regulation, and its responsibilities are expected to become clearer as legislation progresses. Romero expressed that it has been an honor to work with her colleagues and team. Previously, Republican commissioners Caroline Pham and Summer Mersinger also announced their departures, with Mersinger set to become the CEO of the Blockchain Association. Quintenz's confirmation hearing has yet to be scheduled; once confirmed, he is expected to maintain a crypto-friendly stance. At that time, Democratic commissioner Kristin Johnson will be the sole remaining commissioner, and Trump will need to nominate new commissioners to fill the vacancies.
#Macro
17 hours ago
Market news: The Federal Reserve will lay off approximately 10% of its workforce over the next few years.
Odaily
Odaily Planet Daily News: Market news: The Federal Reserve will lay off about 10% of its workforce over the next few years. (Jin10)
7 hours ago
Wall Street analysts believe the impact of the Coinbase network attack and SEC investigation is limited, leading to a rebound in the stock price.
The Block
Background: Coinbase faced a dual blow this week with a cyberattack and an investigation by the U.S. Securities and Exchange Commission (SEC) into whether its user metrics were overstated, causing the stock price to drop by more than 7% at one point. Key Events: The cyber attackers attempted to extort 20 million USD. The incident could lead to up to 400 million USD in remediation and customer compensation costs but did not involve customer funds or login systems, affecting less than 1% of users. The SEC investigation concerns the user metrics reported during the company's public listing in 2021, and Coinbase has ceased reporting this metric for two and a half years. Analyst Views: Several Wall Street analysts believe the incident has limited long-term impact on the company, viewing it as a short-term fluctuation or even a buying opportunity. Institutions such as Mizuho and Oppenheimer maintain buy ratings and have raised target prices, while Barclays considers the market reaction to be excessive. Coinbase is expected to receive significant passive capital inflows due to its inclusion in the S&P 500 index. Potential Impact: Despite short-term challenges, Coinbase is still regarded as a high-quality platform within the crypto ecosystem and is expected to benefit in the future from institutional investor adoption and regulatory clarity.
#ETF
18 hours ago
DeFi Development Collaborates with BONK to Jointly Manage Validator Nodes, SOL Holdings Increase to 609,190 Tokens
吴说

DeFi Development Corp. (DFDV) announced a partnership with the memecoin community BONK on Solana to jointly manage validator nodes and plans to integrate BONK's liquid staking token BONKSOL, with both parties sharing node rewards proportionally. Additionally, the company acquired 16,447 SOL tokens, increasing its holdings to 609,190 SOL, with a total value of approximately 107 million USD. (CoinDesk)

#DeFi
$BONK
$MAG7.SSI
$SOL
6 hours ago
Northern Mariana Islands Pass Stablecoin Act; Tinian to Issue First U.S. Public Entity Stablecoin
PANews
The Northern Mariana Islands overturned the governor's veto through the Stablecoin Act. This act allows its island Tinian to issue the stablecoin "Marianas US Dollar (MUSD)" and authorizes the Tinian local government to grant licenses for online casinos. The Tinian government selected the local technology company Marianas Rai Corporation as the exclusive infrastructure provider for MUSD, which will be issued on the eCash blockchain. Governor Arnold Palacios had vetoed the act citing legal and constitutional concerns, but both the Senate and House overrode the veto with more than a two-thirds majority. Supporters believe the act will help attract investment and promote economic development, while opponents worry about gambling-related issues. This act may make Tinian the first U.S. public entity to issue a stablecoin.
#DeFi
$XEC
17 hours ago
Fireblocks: Institutional Trust in Stablecoins Hits a New High, 86% of Institutions Now Equipped with Stablecoin Integration Capabilities
TechFlow

According to TechFlow, on May 16, Cryptoslate reported that Fireblocks revealed institutional adoption of stablecoins has reached an all-time high. The report indicated that 86% of surveyed institutions have established partnerships and systems to support stablecoin integration. Currently, 49% of institutions are actively using stablecoins for payments, 23% are conducting pilots, and 18% are preparing for implementation.

Compared to 2023, adoption barriers have significantly decreased: compliance concerns dropped from 74% to 18%, and regulatory uncertainty fell from 85% to 25%. Cross-border transactions have become the primary demand, with 58% of traditional banks viewing cross-border payments as the foremost use case for stablecoins.

#DeFi
20 hours ago
France Strengthens Security Measures for Cryptocurrency Entrepreneurs Amid Multiple Suspected Kidnapping Incidents
吴说
Wu Shuo has learned that after several cryptocurrency entrepreneurs and their families in France experienced two successful kidnappings and one attempted kidnapping, the French government announced it will provide these individuals and their families with priority emergency reporting channels, on-site security inspections, and safety advice. Additionally, law enforcement personnel will receive anti-money laundering training related to crypto assets. French Minister of the Interior Bruno Retailleau stated that these violent incidents targeting cryptocurrency industry practitioners are suspected to be interconnected. The cases are currently under investigation by prosecutors specializing in organized crime, and multiple suspects have already been arrested.
7 hours ago
XRP Drops 4%, Bitcoin Traders Cautious Around $105,000 Price Resistance
CoinDesk
XRP price dropped by 4%, Bitcoin traders remain cautious about the $105,000 price resistance.
#Bitcoin
$BTC
$MAG7.SSI
$XRP
1 day ago
FTX's bankruptcy assets will pay over 5 billion USD to creditors
CoinDesk
FTX announced that it will pay creditors more than 5 billion USD as part of the preparation for the distribution of bankruptcy assets. This move marks a critical phase in the FTX bankruptcy process, aiming to repay debts through asset allocation.
$FTT
1 day ago
The U.S. Department of Justice Accuses 12 Individuals in $263 Million Cryptocurrency Theft Related to Genesis Creditors
CoinDesk
The U.S. Department of Justice has charged 12 individuals in connection with a $263 million cryptocurrency theft case involving Genesis creditors.
1 day ago
Bitcoin Bulls Face $120 Million Challenge, Striving to Sustain Stair-Step Uptrend
CoinDesk
Bitcoin bulls face a challenge of $120 million as they attempt to continue their "stair-step" upward trend.
#Bitcoin
$BTC
1 day ago
Americas Crypto Market Update: Fintech Companies and Funds Continue Accumulating Bitcoin Despite Temporary Pause in Bullish Activity
CoinDesk
This article introduces the latest developments in the cryptocurrency market in the Americas, focusing on the behavior of fintech companies and funds in the Bitcoin market. Despite a temporary pause in the bullish market, these institutions continue to hold large amounts of Bitcoin, demonstrating confidence in the future market. The article analyzes the background of this phenomenon, the current market situation, and its potential impact.
#Bitcoin
$BTC
1 day ago
Analyst Says Market Overreacted to Coinbase Hack Incident, SEC Investigation Affects COIN Stock Price
CoinDesk
Analysts say the market's reaction to the Coinbase hacking incident is exaggerated, despite the SEC investigation causing COIN's stock price to decline.
1 day ago
DeFi Development Collaborates with BONK to Jointly Manage Validator Nodes, SOL Holdings Increase to 609,190 Tokens
吴说

DeFi Development Corp. (DFDV) announced a partnership with the memecoin community BONK on Solana to jointly manage validator nodes and plans to integrate BONK's liquid staking token BONKSOL, with both parties sharing node rewards proportionally. Additionally, the company acquired 16,447 SOL tokens, increasing its holdings to 609,190 SOL, with a total value of approximately 107 million USD. (CoinDesk)

#DeFi
$BONK
$MAG7.SSI
$SOL
6 hours ago
Northern Mariana Islands Pass Stablecoin Act; Tinian to Issue First U.S. Public Entity Stablecoin
PANews
The Northern Mariana Islands overturned the governor's veto through the Stablecoin Act. This act allows its island Tinian to issue the stablecoin "Marianas US Dollar (MUSD)" and authorizes the Tinian local government to grant licenses for online casinos. The Tinian government selected the local technology company Marianas Rai Corporation as the exclusive infrastructure provider for MUSD, which will be issued on the eCash blockchain. Governor Arnold Palacios had vetoed the act citing legal and constitutional concerns, but both the Senate and House overrode the veto with more than a two-thirds majority. Supporters believe the act will help attract investment and promote economic development, while opponents worry about gambling-related issues. This act may make Tinian the first U.S. public entity to issue a stablecoin.
#DeFi
$XEC
17 hours ago
Fireblocks: Institutional Trust in Stablecoins Hits a New High, 86% of Institutions Now Equipped with Stablecoin Integration Capabilities
TechFlow

According to TechFlow, on May 16, Cryptoslate reported that Fireblocks revealed institutional adoption of stablecoins has reached an all-time high. The report indicated that 86% of surveyed institutions have established partnerships and systems to support stablecoin integration. Currently, 49% of institutions are actively using stablecoins for payments, 23% are conducting pilots, and 18% are preparing for implementation.

Compared to 2023, adoption barriers have significantly decreased: compliance concerns dropped from 74% to 18%, and regulatory uncertainty fell from 85% to 25%. Cross-border transactions have become the primary demand, with 58% of traditional banks viewing cross-border payments as the foremost use case for stablecoins.

#DeFi
20 hours ago
France Strengthens Security Measures for Cryptocurrency Entrepreneurs Amid Multiple Suspected Kidnapping Incidents
吴说
Wu Shuo has learned that after several cryptocurrency entrepreneurs and their families in France experienced two successful kidnappings and one attempted kidnapping, the French government announced it will provide these individuals and their families with priority emergency reporting channels, on-site security inspections, and safety advice. Additionally, law enforcement personnel will receive anti-money laundering training related to crypto assets. French Minister of the Interior Bruno Retailleau stated that these violent incidents targeting cryptocurrency industry practitioners are suspected to be interconnected. The cases are currently under investigation by prosecutors specializing in organized crime, and multiple suspects have already been arrested.
7 hours ago
XRP Drops 4%, Bitcoin Traders Cautious Around $105,000 Price Resistance
CoinDesk
XRP price dropped by 4%, Bitcoin traders remain cautious about the $105,000 price resistance.
#Bitcoin
$BTC
$MAG7.SSI
$XRP
1 day ago
FTX's bankruptcy assets will pay over 5 billion USD to creditors
CoinDesk
FTX announced that it will pay creditors more than 5 billion USD as part of the preparation for the distribution of bankruptcy assets. This move marks a critical phase in the FTX bankruptcy process, aiming to repay debts through asset allocation.
$FTT
1 day ago
The U.S. Department of Justice Accuses 12 Individuals in $263 Million Cryptocurrency Theft Related to Genesis Creditors
CoinDesk
The U.S. Department of Justice has charged 12 individuals in connection with a $263 million cryptocurrency theft case involving Genesis creditors.
1 day ago
Bitcoin Bulls Face $120 Million Challenge, Striving to Sustain Stair-Step Uptrend
CoinDesk
Bitcoin bulls face a challenge of $120 million as they attempt to continue their "stair-step" upward trend.
#Bitcoin
$BTC
1 day ago
Americas Crypto Market Update: Fintech Companies and Funds Continue Accumulating Bitcoin Despite Temporary Pause in Bullish Activity
CoinDesk
This article introduces the latest developments in the cryptocurrency market in the Americas, focusing on the behavior of fintech companies and funds in the Bitcoin market. Despite a temporary pause in the bullish market, these institutions continue to hold large amounts of Bitcoin, demonstrating confidence in the future market. The article analyzes the background of this phenomenon, the current market situation, and its potential impact.
#Bitcoin
$BTC
1 day ago
Analyst Says Market Overreacted to Coinbase Hack Incident, SEC Investigation Affects COIN Stock Price
CoinDesk
Analysts say the market's reaction to the Coinbase hacking incident is exaggerated, despite the SEC investigation causing COIN's stock price to decline.
1 day ago
Cryptocurrency benchmark agency states that the bearish sentiment on Ethereum has ended, driving ETH price increase
CoinDesk
The bearish sentiment on Ethereum has ended, driving up the price of ETH. The cryptocurrency benchmark publisher pointed out that the shift in market sentiment is the main reason behind the surge in ETH prices.
#Layer1
$ETH
$MAG7.SSI
1 day ago
Wisconsin Sells Entire $350 Million Spot Bitcoin ETF Holdings
CoinDesk
Wisconsin has sold its entire holdings of spot Bitcoin ETF valued at 350 million USD.
#ETF
$BTC
1 day ago
Court Dismisses Ripple and SEC XRP Settlement Application Due to Procedural Defects
CoinDesk
The court rejected Ripple's and the U.S. Securities and Exchange Commission's (SEC) application for settlement regarding XRP, citing "procedural defects."
$MAG7.SSI
$XRP
1 day ago
CoinDesk 20 Index Performance Update: AAVE Leads with a 7.4% Increase
CoinDesk
CoinDesk 20 Index Performance Update: AAVE rose by 7.4%, driving the overall index higher.
#DeFi
$AAVE
1 day ago
CoinDesk analyst suggests that UK cryptocurrency companies establish Bitcoin treasuries
CoinDesk
CoinDesk analysts recommend that UK cryptocurrency companies establish Bitcoin treasuries.
#Bitcoin
$BTC
1 day ago
Film producer David Goyer bets on blockchain technology to create a new sci-fi series
CoinDesk
Filmmaker David Goyer is planning to use blockchain technology for his next science fiction franchise. This move indicates a blend of traditional filmmaking with innovative digital technology, potentially impacting how sci-fi stories are produced and distributed.
1 day ago
Bitcoin Latest Updates: Top Win Brand Revamp, Steak N Shake Accepts Bitcoin, Galaxy Listed on NASDAQ
CoinDesk
This news covers recent developments in Bitcoin adoption, including a rebranding of Top Win, Steak N Shake starting to accept Bitcoin as payment, and Galaxy's debut on the Nasdaq stock exchange. These events highlight growing acceptance and integration of Bitcoin in various sectors, from retail to financial markets.
#Bitcoin
$BTC
1 day ago
KULR Announces Q1 2025 Performance: Revenue Grows by 40%, Achieves Bitcoin Mining Revenue for the First Time, and Launches Blockchain Supply Chain Project
The Block
KULR Technology announced its Q1 2025 financial report, with revenue increasing by 40% year-on-year to 2.45 million USD, primarily driven by product sales. The company's net loss expanded to 18.81 million USD, mainly due to the market value adjustment of Bitcoin holdings. KULR expanded its Bitcoin assets to 716.20 BTC (approximately 74.40 million USD), with a total cost of 69 million USD and an unrealized gain of 5.40 million USD. The company recognized Bitcoin mining revenue of 250 thousand USD for the first time and launched a blockchain-based supply chain project, utilizing the Ethereum Layer 2 network Base to achieve transparency and security of product data. KULR also secured 6.70 million USD in aerospace technology funding, entered the U.S. robotics market, and partnered with AstroForge to conduct asteroid mining missions. The company's CEO stated that 2025 is a year of transformation, planning to drive growth through Bitcoin assets and business expansion.
#Bitcoin
$BTC
20 hours ago
USDJ officially launches Sunset Plan, aiming for a gradual and orderly exit
TechFlow
According to TechFlow on May 16, official information confirms that USDJ has officially launched the "Sunset Plan," aiming to complete the full market exit transition by August 31, 2025. This decision aligns with the development trends in the DeFi industry, optimizes resource allocation, and gradually shifts the focus to more efficient next-generation stablecoins such as USDD within the TRON ecosystem. Starting from May 16, JustLend DAO will suspend new USDJ deposits and borrowing functions, while existing positions remain unaffected. The platform will also gradually reduce the collateralization ratio of USDJ as appropriate, advising relevant users to monitor and adjust their asset structures promptly to avoid potential liquidation risks. During the transition period, the official team commits to continuously maintaining USDJ liquidity on mainstream DEXs such as SunSwap and providing convenient asset exchange channels for USDD, USDT, and others. The JustStable team stated that they will continue to promote more innovative projects in the TRON DeFi ecosystem in the future, working hand in hand with users to build a more valuable financial future.
#DeFi
$TRX
8 hours ago
A certain whale deposited 1.70 million USDC into HyperLiquid and took a 20x short position on SOL.
TechFlow

According to TechFlow, on May 16, on-chain analyst Onchain Lens (@OnchainLens) monitored that a certain whale deposited 1.70 million USDC into HyperLiquid and opened a short position on SOL with 20x leverage.

#DeFi
$HYPE
$MAG7.SSI
$SOL
7 hours ago
DeFi Development Collaborates with BONK to Jointly Manage Validator Nodes, SOL Holdings Increase to 609,190 Tokens
吴说

DeFi Development Corp. (DFDV) announced a partnership with the memecoin community BONK on Solana to jointly manage validator nodes and plans to integrate BONK's liquid staking token BONKSOL, with both parties sharing node rewards proportionally. Additionally, the company acquired 16,447 SOL tokens, increasing its holdings to 609,190 SOL, with a total value of approximately 107 million USD. (CoinDesk)

#DeFi
$BONK
$MAG7.SSI
$SOL
6 hours ago
Northern Mariana Islands Pass Stablecoin Act; Tinian to Issue First U.S. Public Entity Stablecoin
PANews
The Northern Mariana Islands overturned the governor's veto through the Stablecoin Act. This act allows its island Tinian to issue the stablecoin "Marianas US Dollar (MUSD)" and authorizes the Tinian local government to grant licenses for online casinos. The Tinian government selected the local technology company Marianas Rai Corporation as the exclusive infrastructure provider for MUSD, which will be issued on the eCash blockchain. Governor Arnold Palacios had vetoed the act citing legal and constitutional concerns, but both the Senate and House overrode the veto with more than a two-thirds majority. Supporters believe the act will help attract investment and promote economic development, while opponents worry about gambling-related issues. This act may make Tinian the first U.S. public entity to issue a stablecoin.
#DeFi
$XEC
17 hours ago
Fireblocks: Institutional Trust in Stablecoins Hits a New High, 86% of Institutions Now Equipped with Stablecoin Integration Capabilities
TechFlow

According to TechFlow, on May 16, Cryptoslate reported that Fireblocks revealed institutional adoption of stablecoins has reached an all-time high. The report indicated that 86% of surveyed institutions have established partnerships and systems to support stablecoin integration. Currently, 49% of institutions are actively using stablecoins for payments, 23% are conducting pilots, and 18% are preparing for implementation.

Compared to 2023, adoption barriers have significantly decreased: compliance concerns dropped from 74% to 18%, and regulatory uncertainty fell from 85% to 25%. Cross-border transactions have become the primary demand, with 58% of traditional banks viewing cross-border payments as the foremost use case for stablecoins.

#DeFi
20 hours ago
France Strengthens Security Measures for Cryptocurrency Entrepreneurs Amid Multiple Suspected Kidnapping Incidents
吴说
Wu Shuo has learned that after several cryptocurrency entrepreneurs and their families in France experienced two successful kidnappings and one attempted kidnapping, the French government announced it will provide these individuals and their families with priority emergency reporting channels, on-site security inspections, and safety advice. Additionally, law enforcement personnel will receive anti-money laundering training related to crypto assets. French Minister of the Interior Bruno Retailleau stated that these violent incidents targeting cryptocurrency industry practitioners are suspected to be interconnected. The cases are currently under investigation by prosecutors specializing in organized crime, and multiple suspects have already been arrested.
7 hours ago
XRP Drops 4%, Bitcoin Traders Cautious Around $105,000 Price Resistance
CoinDesk
XRP price dropped by 4%, Bitcoin traders remain cautious about the $105,000 price resistance.
#Bitcoin
$BTC
$MAG7.SSI
$XRP
1 day ago
FTX's bankruptcy assets will pay over 5 billion USD to creditors
CoinDesk
FTX announced that it will pay creditors more than 5 billion USD as part of the preparation for the distribution of bankruptcy assets. This move marks a critical phase in the FTX bankruptcy process, aiming to repay debts through asset allocation.
$FTT
1 day ago
The U.S. Department of Justice Accuses 12 Individuals in $263 Million Cryptocurrency Theft Related to Genesis Creditors
CoinDesk
The U.S. Department of Justice has charged 12 individuals in connection with a $263 million cryptocurrency theft case involving Genesis creditors.
1 day ago
Bitcoin Bulls Face $120 Million Challenge, Striving to Sustain Stair-Step Uptrend
CoinDesk
Bitcoin bulls face a challenge of $120 million as they attempt to continue their "stair-step" upward trend.
#Bitcoin
$BTC
1 day ago
Americas Crypto Market Update: Fintech Companies and Funds Continue Accumulating Bitcoin Despite Temporary Pause in Bullish Activity
CoinDesk
This article introduces the latest developments in the cryptocurrency market in the Americas, focusing on the behavior of fintech companies and funds in the Bitcoin market. Despite a temporary pause in the bullish market, these institutions continue to hold large amounts of Bitcoin, demonstrating confidence in the future market. The article analyzes the background of this phenomenon, the current market situation, and its potential impact.
#Bitcoin
$BTC
1 day ago
Analyst Says Market Overreacted to Coinbase Hack Incident, SEC Investigation Affects COIN Stock Price
CoinDesk
Analysts say the market's reaction to the Coinbase hacking incident is exaggerated, despite the SEC investigation causing COIN's stock price to decline.
1 day ago
DeFi Development Collaborates with BONK to Jointly Manage Validator Nodes, SOL Holdings Increase to 609,190 Tokens
吴说

DeFi Development Corp. (DFDV) announced a partnership with the memecoin community BONK on Solana to jointly manage validator nodes and plans to integrate BONK's liquid staking token BONKSOL, with both parties sharing node rewards proportionally. Additionally, the company acquired 16,447 SOL tokens, increasing its holdings to 609,190 SOL, with a total value of approximately 107 million USD. (CoinDesk)

#DeFi
$BONK
$MAG7.SSI
$SOL
6 hours ago
Northern Mariana Islands Pass Stablecoin Act; Tinian to Issue First U.S. Public Entity Stablecoin
PANews
The Northern Mariana Islands overturned the governor's veto through the Stablecoin Act. This act allows its island Tinian to issue the stablecoin "Marianas US Dollar (MUSD)" and authorizes the Tinian local government to grant licenses for online casinos. The Tinian government selected the local technology company Marianas Rai Corporation as the exclusive infrastructure provider for MUSD, which will be issued on the eCash blockchain. Governor Arnold Palacios had vetoed the act citing legal and constitutional concerns, but both the Senate and House overrode the veto with more than a two-thirds majority. Supporters believe the act will help attract investment and promote economic development, while opponents worry about gambling-related issues. This act may make Tinian the first U.S. public entity to issue a stablecoin.
#DeFi
$XEC
17 hours ago
Fireblocks: Institutional Trust in Stablecoins Hits a New High, 86% of Institutions Now Equipped with Stablecoin Integration Capabilities
TechFlow

According to TechFlow, on May 16, Cryptoslate reported that Fireblocks revealed institutional adoption of stablecoins has reached an all-time high. The report indicated that 86% of surveyed institutions have established partnerships and systems to support stablecoin integration. Currently, 49% of institutions are actively using stablecoins for payments, 23% are conducting pilots, and 18% are preparing for implementation.

Compared to 2023, adoption barriers have significantly decreased: compliance concerns dropped from 74% to 18%, and regulatory uncertainty fell from 85% to 25%. Cross-border transactions have become the primary demand, with 58% of traditional banks viewing cross-border payments as the foremost use case for stablecoins.

#DeFi
20 hours ago
France Strengthens Security Measures for Cryptocurrency Entrepreneurs Amid Multiple Suspected Kidnapping Incidents
吴说
Wu Shuo has learned that after several cryptocurrency entrepreneurs and their families in France experienced two successful kidnappings and one attempted kidnapping, the French government announced it will provide these individuals and their families with priority emergency reporting channels, on-site security inspections, and safety advice. Additionally, law enforcement personnel will receive anti-money laundering training related to crypto assets. French Minister of the Interior Bruno Retailleau stated that these violent incidents targeting cryptocurrency industry practitioners are suspected to be interconnected. The cases are currently under investigation by prosecutors specializing in organized crime, and multiple suspects have already been arrested.
7 hours ago
XRP Drops 4%, Bitcoin Traders Cautious Around $105,000 Price Resistance
CoinDesk
XRP price dropped by 4%, Bitcoin traders remain cautious about the $105,000 price resistance.
#Bitcoin
$BTC
$MAG7.SSI
$XRP
1 day ago
FTX's bankruptcy assets will pay over 5 billion USD to creditors
CoinDesk
FTX announced that it will pay creditors more than 5 billion USD as part of the preparation for the distribution of bankruptcy assets. This move marks a critical phase in the FTX bankruptcy process, aiming to repay debts through asset allocation.
$FTT
1 day ago
The U.S. Department of Justice Accuses 12 Individuals in $263 Million Cryptocurrency Theft Related to Genesis Creditors
CoinDesk
The U.S. Department of Justice has charged 12 individuals in connection with a $263 million cryptocurrency theft case involving Genesis creditors.
1 day ago
Bitcoin Bulls Face $120 Million Challenge, Striving to Sustain Stair-Step Uptrend
CoinDesk
Bitcoin bulls face a challenge of $120 million as they attempt to continue their "stair-step" upward trend.
#Bitcoin
$BTC
1 day ago
Americas Crypto Market Update: Fintech Companies and Funds Continue Accumulating Bitcoin Despite Temporary Pause in Bullish Activity
CoinDesk
This article introduces the latest developments in the cryptocurrency market in the Americas, focusing on the behavior of fintech companies and funds in the Bitcoin market. Despite a temporary pause in the bullish market, these institutions continue to hold large amounts of Bitcoin, demonstrating confidence in the future market. The article analyzes the background of this phenomenon, the current market situation, and its potential impact.
#Bitcoin
$BTC
1 day ago
Analyst Says Market Overreacted to Coinbase Hack Incident, SEC Investigation Affects COIN Stock Price
CoinDesk
Analysts say the market's reaction to the Coinbase hacking incident is exaggerated, despite the SEC investigation causing COIN's stock price to decline.
1 day ago
Cryptocurrency benchmark agency states that the bearish sentiment on Ethereum has ended, driving ETH price increase
CoinDesk
The bearish sentiment on Ethereum has ended, driving up the price of ETH. The cryptocurrency benchmark publisher pointed out that the shift in market sentiment is the main reason behind the surge in ETH prices.
#Layer1
$ETH
$MAG7.SSI
1 day ago
Wisconsin Sells Entire $350 Million Spot Bitcoin ETF Holdings
CoinDesk
Wisconsin has sold its entire holdings of spot Bitcoin ETF valued at 350 million USD.
#ETF
$BTC
1 day ago
Court Dismisses Ripple and SEC XRP Settlement Application Due to Procedural Defects
CoinDesk
The court rejected Ripple's and the U.S. Securities and Exchange Commission's (SEC) application for settlement regarding XRP, citing "procedural defects."
$MAG7.SSI
$XRP
1 day ago
CoinDesk 20 Index Performance Update: AAVE Leads with a 7.4% Increase
CoinDesk
CoinDesk 20 Index Performance Update: AAVE rose by 7.4%, driving the overall index higher.
#DeFi
$AAVE
1 day ago
CoinDesk analyst suggests that UK cryptocurrency companies establish Bitcoin treasuries
CoinDesk
CoinDesk analysts recommend that UK cryptocurrency companies establish Bitcoin treasuries.
#Bitcoin
$BTC
1 day ago
Film producer David Goyer bets on blockchain technology to create a new sci-fi series
CoinDesk
Filmmaker David Goyer is planning to use blockchain technology for his next science fiction franchise. This move indicates a blend of traditional filmmaking with innovative digital technology, potentially impacting how sci-fi stories are produced and distributed.
1 day ago
Bitcoin Latest Updates: Top Win Brand Revamp, Steak N Shake Accepts Bitcoin, Galaxy Listed on NASDAQ
CoinDesk
This news covers recent developments in Bitcoin adoption, including a rebranding of Top Win, Steak N Shake starting to accept Bitcoin as payment, and Galaxy's debut on the Nasdaq stock exchange. These events highlight growing acceptance and integration of Bitcoin in various sectors, from retail to financial markets.
#Bitcoin
$BTC
1 day ago
KULR Announces Q1 2025 Performance: Revenue Grows by 40%, Achieves Bitcoin Mining Revenue for the First Time, and Launches Blockchain Supply Chain Project
The Block
KULR Technology announced its Q1 2025 financial report, with revenue increasing by 40% year-on-year to 2.45 million USD, primarily driven by product sales. The company's net loss expanded to 18.81 million USD, mainly due to the market value adjustment of Bitcoin holdings. KULR expanded its Bitcoin assets to 716.20 BTC (approximately 74.40 million USD), with a total cost of 69 million USD and an unrealized gain of 5.40 million USD. The company recognized Bitcoin mining revenue of 250 thousand USD for the first time and launched a blockchain-based supply chain project, utilizing the Ethereum Layer 2 network Base to achieve transparency and security of product data. KULR also secured 6.70 million USD in aerospace technology funding, entered the U.S. robotics market, and partnered with AstroForge to conduct asteroid mining missions. The company's CEO stated that 2025 is a year of transformation, planning to drive growth through Bitcoin assets and business expansion.
#Bitcoin
$BTC
20 hours ago
USDJ officially launches Sunset Plan, aiming for a gradual and orderly exit
TechFlow
According to TechFlow on May 16, official information confirms that USDJ has officially launched the "Sunset Plan," aiming to complete the full market exit transition by August 31, 2025. This decision aligns with the development trends in the DeFi industry, optimizes resource allocation, and gradually shifts the focus to more efficient next-generation stablecoins such as USDD within the TRON ecosystem. Starting from May 16, JustLend DAO will suspend new USDJ deposits and borrowing functions, while existing positions remain unaffected. The platform will also gradually reduce the collateralization ratio of USDJ as appropriate, advising relevant users to monitor and adjust their asset structures promptly to avoid potential liquidation risks. During the transition period, the official team commits to continuously maintaining USDJ liquidity on mainstream DEXs such as SunSwap and providing convenient asset exchange channels for USDD, USDT, and others. The JustStable team stated that they will continue to promote more innovative projects in the TRON DeFi ecosystem in the future, working hand in hand with users to build a more valuable financial future.
#DeFi
$TRX
8 hours ago
A certain whale deposited 1.70 million USDC into HyperLiquid and took a 20x short position on SOL.
TechFlow

According to TechFlow, on May 16, on-chain analyst Onchain Lens (@OnchainLens) monitored that a certain whale deposited 1.70 million USDC into HyperLiquid and opened a short position on SOL with 20x leverage.

#DeFi
$HYPE
$MAG7.SSI
$SOL
7 hours ago
DeFi Development Collaborates with BONK to Jointly Manage Validator Nodes, SOL Holdings Increase to 609,190 Tokens
吴说

DeFi Development Corp. (DFDV) announced a partnership with the memecoin community BONK on Solana to jointly manage validator nodes and plans to integrate BONK's liquid staking token BONKSOL, with both parties sharing node rewards proportionally. Additionally, the company acquired 16,447 SOL tokens, increasing its holdings to 609,190 SOL, with a total value of approximately 107 million USD. (CoinDesk)

#DeFi
$BONK
$MAG7.SSI
$SOL
6 hours ago
Northern Mariana Islands Pass Stablecoin Act; Tinian to Issue First U.S. Public Entity Stablecoin
PANews
The Northern Mariana Islands overturned the governor's veto through the Stablecoin Act. This act allows its island Tinian to issue the stablecoin "Marianas US Dollar (MUSD)" and authorizes the Tinian local government to grant licenses for online casinos. The Tinian government selected the local technology company Marianas Rai Corporation as the exclusive infrastructure provider for MUSD, which will be issued on the eCash blockchain. Governor Arnold Palacios had vetoed the act citing legal and constitutional concerns, but both the Senate and House overrode the veto with more than a two-thirds majority. Supporters believe the act will help attract investment and promote economic development, while opponents worry about gambling-related issues. This act may make Tinian the first U.S. public entity to issue a stablecoin.
#DeFi
$XEC
17 hours ago
Fireblocks: Institutional Trust in Stablecoins Hits a New High, 86% of Institutions Now Equipped with Stablecoin Integration Capabilities
TechFlow

According to TechFlow, on May 16, Cryptoslate reported that Fireblocks revealed institutional adoption of stablecoins has reached an all-time high. The report indicated that 86% of surveyed institutions have established partnerships and systems to support stablecoin integration. Currently, 49% of institutions are actively using stablecoins for payments, 23% are conducting pilots, and 18% are preparing for implementation.

Compared to 2023, adoption barriers have significantly decreased: compliance concerns dropped from 74% to 18%, and regulatory uncertainty fell from 85% to 25%. Cross-border transactions have become the primary demand, with 58% of traditional banks viewing cross-border payments as the foremost use case for stablecoins.

#DeFi
20 hours ago
France Strengthens Security Measures for Cryptocurrency Entrepreneurs Amid Multiple Suspected Kidnapping Incidents
吴说
Wu Shuo has learned that after several cryptocurrency entrepreneurs and their families in France experienced two successful kidnappings and one attempted kidnapping, the French government announced it will provide these individuals and their families with priority emergency reporting channels, on-site security inspections, and safety advice. Additionally, law enforcement personnel will receive anti-money laundering training related to crypto assets. French Minister of the Interior Bruno Retailleau stated that these violent incidents targeting cryptocurrency industry practitioners are suspected to be interconnected. The cases are currently under investigation by prosecutors specializing in organized crime, and multiple suspects have already been arrested.
7 hours ago
XRP Drops 4%, Bitcoin Traders Cautious Around $105,000 Price Resistance
CoinDesk
XRP price dropped by 4%, Bitcoin traders remain cautious about the $105,000 price resistance.
#Bitcoin
$BTC
$MAG7.SSI
$XRP
1 day ago
FTX's bankruptcy assets will pay over 5 billion USD to creditors
CoinDesk
FTX announced that it will pay creditors more than 5 billion USD as part of the preparation for the distribution of bankruptcy assets. This move marks a critical phase in the FTX bankruptcy process, aiming to repay debts through asset allocation.
$FTT
1 day ago
The U.S. Department of Justice Accuses 12 Individuals in $263 Million Cryptocurrency Theft Related to Genesis Creditors
CoinDesk
The U.S. Department of Justice has charged 12 individuals in connection with a $263 million cryptocurrency theft case involving Genesis creditors.
1 day ago
Bitcoin Bulls Face $120 Million Challenge, Striving to Sustain Stair-Step Uptrend
CoinDesk
Bitcoin bulls face a challenge of $120 million as they attempt to continue their "stair-step" upward trend.
#Bitcoin
$BTC
1 day ago
Americas Crypto Market Update: Fintech Companies and Funds Continue Accumulating Bitcoin Despite Temporary Pause in Bullish Activity
CoinDesk
This article introduces the latest developments in the cryptocurrency market in the Americas, focusing on the behavior of fintech companies and funds in the Bitcoin market. Despite a temporary pause in the bullish market, these institutions continue to hold large amounts of Bitcoin, demonstrating confidence in the future market. The article analyzes the background of this phenomenon, the current market situation, and its potential impact.
#Bitcoin
$BTC
1 day ago
Analyst Says Market Overreacted to Coinbase Hack Incident, SEC Investigation Affects COIN Stock Price
CoinDesk
Analysts say the market's reaction to the Coinbase hacking incident is exaggerated, despite the SEC investigation causing COIN's stock price to decline.
1 day ago
Cryptocurrency benchmark agency states that the bearish sentiment on Ethereum has ended, driving ETH price increase
CoinDesk
The bearish sentiment on Ethereum has ended, driving up the price of ETH. The cryptocurrency benchmark publisher pointed out that the shift in market sentiment is the main reason behind the surge in ETH prices.
#Layer1
$ETH
$MAG7.SSI
1 day ago
Wisconsin Sells Entire $350 Million Spot Bitcoin ETF Holdings
CoinDesk
Wisconsin has sold its entire holdings of spot Bitcoin ETF valued at 350 million USD.
#ETF
$BTC
1 day ago
Court Dismisses Ripple and SEC XRP Settlement Application Due to Procedural Defects
CoinDesk
The court rejected Ripple's and the U.S. Securities and Exchange Commission's (SEC) application for settlement regarding XRP, citing "procedural defects."
$MAG7.SSI
$XRP
1 day ago
CoinDesk 20 Index Performance Update: AAVE Leads with a 7.4% Increase
CoinDesk
CoinDesk 20 Index Performance Update: AAVE rose by 7.4%, driving the overall index higher.
#DeFi
$AAVE
1 day ago
CoinDesk analyst suggests that UK cryptocurrency companies establish Bitcoin treasuries
CoinDesk
CoinDesk analysts recommend that UK cryptocurrency companies establish Bitcoin treasuries.
#Bitcoin
$BTC
1 day ago
Film producer David Goyer bets on blockchain technology to create a new sci-fi series
CoinDesk
Filmmaker David Goyer is planning to use blockchain technology for his next science fiction franchise. This move indicates a blend of traditional filmmaking with innovative digital technology, potentially impacting how sci-fi stories are produced and distributed.
1 day ago
Bitcoin Latest Updates: Top Win Brand Revamp, Steak N Shake Accepts Bitcoin, Galaxy Listed on NASDAQ
CoinDesk
This news covers recent developments in Bitcoin adoption, including a rebranding of Top Win, Steak N Shake starting to accept Bitcoin as payment, and Galaxy's debut on the Nasdaq stock exchange. These events highlight growing acceptance and integration of Bitcoin in various sectors, from retail to financial markets.
#Bitcoin
$BTC
1 day ago
KULR Announces Q1 2025 Performance: Revenue Grows by 40%, Achieves Bitcoin Mining Revenue for the First Time, and Launches Blockchain Supply Chain Project
The Block
KULR Technology announced its Q1 2025 financial report, with revenue increasing by 40% year-on-year to 2.45 million USD, primarily driven by product sales. The company's net loss expanded to 18.81 million USD, mainly due to the market value adjustment of Bitcoin holdings. KULR expanded its Bitcoin assets to 716.20 BTC (approximately 74.40 million USD), with a total cost of 69 million USD and an unrealized gain of 5.40 million USD. The company recognized Bitcoin mining revenue of 250 thousand USD for the first time and launched a blockchain-based supply chain project, utilizing the Ethereum Layer 2 network Base to achieve transparency and security of product data. KULR also secured 6.70 million USD in aerospace technology funding, entered the U.S. robotics market, and partnered with AstroForge to conduct asteroid mining missions. The company's CEO stated that 2025 is a year of transformation, planning to drive growth through Bitcoin assets and business expansion.
#Bitcoin
$BTC
20 hours ago
USDJ officially launches Sunset Plan, aiming for a gradual and orderly exit
TechFlow
According to TechFlow on May 16, official information confirms that USDJ has officially launched the "Sunset Plan," aiming to complete the full market exit transition by August 31, 2025. This decision aligns with the development trends in the DeFi industry, optimizes resource allocation, and gradually shifts the focus to more efficient next-generation stablecoins such as USDD within the TRON ecosystem. Starting from May 16, JustLend DAO will suspend new USDJ deposits and borrowing functions, while existing positions remain unaffected. The platform will also gradually reduce the collateralization ratio of USDJ as appropriate, advising relevant users to monitor and adjust their asset structures promptly to avoid potential liquidation risks. During the transition period, the official team commits to continuously maintaining USDJ liquidity on mainstream DEXs such as SunSwap and providing convenient asset exchange channels for USDD, USDT, and others. The JustStable team stated that they will continue to promote more innovative projects in the TRON DeFi ecosystem in the future, working hand in hand with users to build a more valuable financial future.
#DeFi
$TRX
8 hours ago
A certain whale deposited 1.70 million USDC into HyperLiquid and took a 20x short position on SOL.
TechFlow

According to TechFlow, on May 16, on-chain analyst Onchain Lens (@OnchainLens) monitored that a certain whale deposited 1.70 million USDC into HyperLiquid and opened a short position on SOL with 20x leverage.

#DeFi
$HYPE
$MAG7.SSI
$SOL
7 hours ago
DeFi Development Collaborates with BONK to Jointly Manage Validator Nodes, SOL Holdings Increase to 609,190 Tokens
吴说

DeFi Development Corp. (DFDV) announced a partnership with the memecoin community BONK on Solana to jointly manage validator nodes and plans to integrate BONK's liquid staking token BONKSOL, with both parties sharing node rewards proportionally. Additionally, the company acquired 16,447 SOL tokens, increasing its holdings to 609,190 SOL, with a total value of approximately 107 million USD. (CoinDesk)

#DeFi
$BONK
$MAG7.SSI
$SOL
6 hours ago
Northern Mariana Islands Pass Stablecoin Act; Tinian to Issue First U.S. Public Entity Stablecoin
PANews
The Northern Mariana Islands overturned the governor's veto through the Stablecoin Act. This act allows its island Tinian to issue the stablecoin "Marianas US Dollar (MUSD)" and authorizes the Tinian local government to grant licenses for online casinos. The Tinian government selected the local technology company Marianas Rai Corporation as the exclusive infrastructure provider for MUSD, which will be issued on the eCash blockchain. Governor Arnold Palacios had vetoed the act citing legal and constitutional concerns, but both the Senate and House overrode the veto with more than a two-thirds majority. Supporters believe the act will help attract investment and promote economic development, while opponents worry about gambling-related issues. This act may make Tinian the first U.S. public entity to issue a stablecoin.
#DeFi
$XEC
17 hours ago
Fireblocks: Institutional Trust in Stablecoins Hits a New High, 86% of Institutions Now Equipped with Stablecoin Integration Capabilities
TechFlow

According to TechFlow, on May 16, Cryptoslate reported that Fireblocks revealed institutional adoption of stablecoins has reached an all-time high. The report indicated that 86% of surveyed institutions have established partnerships and systems to support stablecoin integration. Currently, 49% of institutions are actively using stablecoins for payments, 23% are conducting pilots, and 18% are preparing for implementation.

Compared to 2023, adoption barriers have significantly decreased: compliance concerns dropped from 74% to 18%, and regulatory uncertainty fell from 85% to 25%. Cross-border transactions have become the primary demand, with 58% of traditional banks viewing cross-border payments as the foremost use case for stablecoins.

#DeFi
20 hours ago
France Strengthens Security Measures for Cryptocurrency Entrepreneurs Amid Multiple Suspected Kidnapping Incidents
吴说
Wu Shuo has learned that after several cryptocurrency entrepreneurs and their families in France experienced two successful kidnappings and one attempted kidnapping, the French government announced it will provide these individuals and their families with priority emergency reporting channels, on-site security inspections, and safety advice. Additionally, law enforcement personnel will receive anti-money laundering training related to crypto assets. French Minister of the Interior Bruno Retailleau stated that these violent incidents targeting cryptocurrency industry practitioners are suspected to be interconnected. The cases are currently under investigation by prosecutors specializing in organized crime, and multiple suspects have already been arrested.
7 hours ago
XRP Drops 4%, Bitcoin Traders Cautious Around $105,000 Price Resistance
CoinDesk
XRP price dropped by 4%, Bitcoin traders remain cautious about the $105,000 price resistance.
#Bitcoin
$BTC
$MAG7.SSI
$XRP
1 day ago
FTX's bankruptcy assets will pay over 5 billion USD to creditors
CoinDesk
FTX announced that it will pay creditors more than 5 billion USD as part of the preparation for the distribution of bankruptcy assets. This move marks a critical phase in the FTX bankruptcy process, aiming to repay debts through asset allocation.
$FTT
1 day ago
The U.S. Department of Justice Accuses 12 Individuals in $263 Million Cryptocurrency Theft Related to Genesis Creditors
CoinDesk
The U.S. Department of Justice has charged 12 individuals in connection with a $263 million cryptocurrency theft case involving Genesis creditors.
1 day ago
Bitcoin Bulls Face $120 Million Challenge, Striving to Sustain Stair-Step Uptrend
CoinDesk
Bitcoin bulls face a challenge of $120 million as they attempt to continue their "stair-step" upward trend.
#Bitcoin
$BTC
1 day ago
Americas Crypto Market Update: Fintech Companies and Funds Continue Accumulating Bitcoin Despite Temporary Pause in Bullish Activity
CoinDesk
This article introduces the latest developments in the cryptocurrency market in the Americas, focusing on the behavior of fintech companies and funds in the Bitcoin market. Despite a temporary pause in the bullish market, these institutions continue to hold large amounts of Bitcoin, demonstrating confidence in the future market. The article analyzes the background of this phenomenon, the current market situation, and its potential impact.
#Bitcoin
$BTC
1 day ago
Analyst Says Market Overreacted to Coinbase Hack Incident, SEC Investigation Affects COIN Stock Price
CoinDesk
Analysts say the market's reaction to the Coinbase hacking incident is exaggerated, despite the SEC investigation causing COIN's stock price to decline.
1 day ago
Cryptocurrency benchmark agency states that the bearish sentiment on Ethereum has ended, driving ETH price increase
CoinDesk
The bearish sentiment on Ethereum has ended, driving up the price of ETH. The cryptocurrency benchmark publisher pointed out that the shift in market sentiment is the main reason behind the surge in ETH prices.
#Layer1
$ETH
$MAG7.SSI
1 day ago
Wisconsin Sells Entire $350 Million Spot Bitcoin ETF Holdings
CoinDesk
Wisconsin has sold its entire holdings of spot Bitcoin ETF valued at 350 million USD.
#ETF
$BTC
1 day ago
Court Dismisses Ripple and SEC XRP Settlement Application Due to Procedural Defects
CoinDesk
The court rejected Ripple's and the U.S. Securities and Exchange Commission's (SEC) application for settlement regarding XRP, citing "procedural defects."
$MAG7.SSI
$XRP
1 day ago
CoinDesk 20 Index Performance Update: AAVE Leads with a 7.4% Increase
CoinDesk
CoinDesk 20 Index Performance Update: AAVE rose by 7.4%, driving the overall index higher.
#DeFi
$AAVE
1 day ago
CoinDesk analyst suggests that UK cryptocurrency companies establish Bitcoin treasuries
CoinDesk
CoinDesk analysts recommend that UK cryptocurrency companies establish Bitcoin treasuries.
#Bitcoin
$BTC
1 day ago
Film producer David Goyer bets on blockchain technology to create a new sci-fi series
CoinDesk
Filmmaker David Goyer is planning to use blockchain technology for his next science fiction franchise. This move indicates a blend of traditional filmmaking with innovative digital technology, potentially impacting how sci-fi stories are produced and distributed.
1 day ago
Bitcoin Latest Updates: Top Win Brand Revamp, Steak N Shake Accepts Bitcoin, Galaxy Listed on NASDAQ
CoinDesk
This news covers recent developments in Bitcoin adoption, including a rebranding of Top Win, Steak N Shake starting to accept Bitcoin as payment, and Galaxy's debut on the Nasdaq stock exchange. These events highlight growing acceptance and integration of Bitcoin in various sectors, from retail to financial markets.
#Bitcoin
$BTC
1 day ago
KULR Announces Q1 2025 Performance: Revenue Grows by 40%, Achieves Bitcoin Mining Revenue for the First Time, and Launches Blockchain Supply Chain Project
The Block
KULR Technology announced its Q1 2025 financial report, with revenue increasing by 40% year-on-year to 2.45 million USD, primarily driven by product sales. The company's net loss expanded to 18.81 million USD, mainly due to the market value adjustment of Bitcoin holdings. KULR expanded its Bitcoin assets to 716.20 BTC (approximately 74.40 million USD), with a total cost of 69 million USD and an unrealized gain of 5.40 million USD. The company recognized Bitcoin mining revenue of 250 thousand USD for the first time and launched a blockchain-based supply chain project, utilizing the Ethereum Layer 2 network Base to achieve transparency and security of product data. KULR also secured 6.70 million USD in aerospace technology funding, entered the U.S. robotics market, and partnered with AstroForge to conduct asteroid mining missions. The company's CEO stated that 2025 is a year of transformation, planning to drive growth through Bitcoin assets and business expansion.
#Bitcoin
$BTC
20 hours ago
USDJ officially launches Sunset Plan, aiming for a gradual and orderly exit
TechFlow
According to TechFlow on May 16, official information confirms that USDJ has officially launched the "Sunset Plan," aiming to complete the full market exit transition by August 31, 2025. This decision aligns with the development trends in the DeFi industry, optimizes resource allocation, and gradually shifts the focus to more efficient next-generation stablecoins such as USDD within the TRON ecosystem. Starting from May 16, JustLend DAO will suspend new USDJ deposits and borrowing functions, while existing positions remain unaffected. The platform will also gradually reduce the collateralization ratio of USDJ as appropriate, advising relevant users to monitor and adjust their asset structures promptly to avoid potential liquidation risks. During the transition period, the official team commits to continuously maintaining USDJ liquidity on mainstream DEXs such as SunSwap and providing convenient asset exchange channels for USDD, USDT, and others. The JustStable team stated that they will continue to promote more innovative projects in the TRON DeFi ecosystem in the future, working hand in hand with users to build a more valuable financial future.
#DeFi
$TRX
8 hours ago
A certain whale deposited 1.70 million USDC into HyperLiquid and took a 20x short position on SOL.
TechFlow

According to TechFlow, on May 16, on-chain analyst Onchain Lens (@OnchainLens) monitored that a certain whale deposited 1.70 million USDC into HyperLiquid and opened a short position on SOL with 20x leverage.

#DeFi
$HYPE
$MAG7.SSI
$SOL
7 hours ago
DeFi Development Collaborates with BONK to Jointly Manage Validator Nodes, SOL Holdings Increase to 609,190 Tokens
吴说

DeFi Development Corp. (DFDV) announced a partnership with the memecoin community BONK on Solana to jointly manage validator nodes and plans to integrate BONK's liquid staking token BONKSOL, with both parties sharing node rewards proportionally. Additionally, the company acquired 16,447 SOL tokens, increasing its holdings to 609,190 SOL, with a total value of approximately 107 million USD. (CoinDesk)

#DeFi
$BONK
$MAG7.SSI
$SOL
6 hours ago
Northern Mariana Islands Pass Stablecoin Act; Tinian to Issue First U.S. Public Entity Stablecoin
PANews
The Northern Mariana Islands overturned the governor's veto through the Stablecoin Act. This act allows its island Tinian to issue the stablecoin "Marianas US Dollar (MUSD)" and authorizes the Tinian local government to grant licenses for online casinos. The Tinian government selected the local technology company Marianas Rai Corporation as the exclusive infrastructure provider for MUSD, which will be issued on the eCash blockchain. Governor Arnold Palacios had vetoed the act citing legal and constitutional concerns, but both the Senate and House overrode the veto with more than a two-thirds majority. Supporters believe the act will help attract investment and promote economic development, while opponents worry about gambling-related issues. This act may make Tinian the first U.S. public entity to issue a stablecoin.
#DeFi
$XEC
17 hours ago
Fireblocks: Institutional Trust in Stablecoins Hits a New High, 86% of Institutions Now Equipped with Stablecoin Integration Capabilities
TechFlow

According to TechFlow, on May 16, Cryptoslate reported that Fireblocks revealed institutional adoption of stablecoins has reached an all-time high. The report indicated that 86% of surveyed institutions have established partnerships and systems to support stablecoin integration. Currently, 49% of institutions are actively using stablecoins for payments, 23% are conducting pilots, and 18% are preparing for implementation.

Compared to 2023, adoption barriers have significantly decreased: compliance concerns dropped from 74% to 18%, and regulatory uncertainty fell from 85% to 25%. Cross-border transactions have become the primary demand, with 58% of traditional banks viewing cross-border payments as the foremost use case for stablecoins.

#DeFi
20 hours ago
France Strengthens Security Measures for Cryptocurrency Entrepreneurs Amid Multiple Suspected Kidnapping Incidents
吴说
Wu Shuo has learned that after several cryptocurrency entrepreneurs and their families in France experienced two successful kidnappings and one attempted kidnapping, the French government announced it will provide these individuals and their families with priority emergency reporting channels, on-site security inspections, and safety advice. Additionally, law enforcement personnel will receive anti-money laundering training related to crypto assets. French Minister of the Interior Bruno Retailleau stated that these violent incidents targeting cryptocurrency industry practitioners are suspected to be interconnected. The cases are currently under investigation by prosecutors specializing in organized crime, and multiple suspects have already been arrested.
7 hours ago
XRP Drops 4%, Bitcoin Traders Cautious Around $105,000 Price Resistance
CoinDesk
XRP price dropped by 4%, Bitcoin traders remain cautious about the $105,000 price resistance.
#Bitcoin
$BTC
$MAG7.SSI
$XRP
1 day ago
FTX's bankruptcy assets will pay over 5 billion USD to creditors
CoinDesk
FTX announced that it will pay creditors more than 5 billion USD as part of the preparation for the distribution of bankruptcy assets. This move marks a critical phase in the FTX bankruptcy process, aiming to repay debts through asset allocation.
$FTT
1 day ago
The U.S. Department of Justice Accuses 12 Individuals in $263 Million Cryptocurrency Theft Related to Genesis Creditors
CoinDesk
The U.S. Department of Justice has charged 12 individuals in connection with a $263 million cryptocurrency theft case involving Genesis creditors.
1 day ago
Bitcoin Bulls Face $120 Million Challenge, Striving to Sustain Stair-Step Uptrend
CoinDesk
Bitcoin bulls face a challenge of $120 million as they attempt to continue their "stair-step" upward trend.
#Bitcoin
$BTC
1 day ago
Americas Crypto Market Update: Fintech Companies and Funds Continue Accumulating Bitcoin Despite Temporary Pause in Bullish Activity
CoinDesk
This article introduces the latest developments in the cryptocurrency market in the Americas, focusing on the behavior of fintech companies and funds in the Bitcoin market. Despite a temporary pause in the bullish market, these institutions continue to hold large amounts of Bitcoin, demonstrating confidence in the future market. The article analyzes the background of this phenomenon, the current market situation, and its potential impact.
#Bitcoin
$BTC
1 day ago
Analyst Says Market Overreacted to Coinbase Hack Incident, SEC Investigation Affects COIN Stock Price
CoinDesk
Analysts say the market's reaction to the Coinbase hacking incident is exaggerated, despite the SEC investigation causing COIN's stock price to decline.
1 day ago
Cryptocurrency benchmark agency states that the bearish sentiment on Ethereum has ended, driving ETH price increase
CoinDesk
The bearish sentiment on Ethereum has ended, driving up the price of ETH. The cryptocurrency benchmark publisher pointed out that the shift in market sentiment is the main reason behind the surge in ETH prices.
#Layer1
$ETH
$MAG7.SSI
1 day ago
Wisconsin Sells Entire $350 Million Spot Bitcoin ETF Holdings
CoinDesk
Wisconsin has sold its entire holdings of spot Bitcoin ETF valued at 350 million USD.
#ETF
$BTC
1 day ago
Court Dismisses Ripple and SEC XRP Settlement Application Due to Procedural Defects
CoinDesk
The court rejected Ripple's and the U.S. Securities and Exchange Commission's (SEC) application for settlement regarding XRP, citing "procedural defects."
$MAG7.SSI
$XRP
1 day ago
CoinDesk 20 Index Performance Update: AAVE Leads with a 7.4% Increase
CoinDesk
CoinDesk 20 Index Performance Update: AAVE rose by 7.4%, driving the overall index higher.
#DeFi
$AAVE
1 day ago
CoinDesk analyst suggests that UK cryptocurrency companies establish Bitcoin treasuries
CoinDesk
CoinDesk analysts recommend that UK cryptocurrency companies establish Bitcoin treasuries.
#Bitcoin
$BTC
1 day ago
Film producer David Goyer bets on blockchain technology to create a new sci-fi series
CoinDesk
Filmmaker David Goyer is planning to use blockchain technology for his next science fiction franchise. This move indicates a blend of traditional filmmaking with innovative digital technology, potentially impacting how sci-fi stories are produced and distributed.
1 day ago
Bitcoin Latest Updates: Top Win Brand Revamp, Steak N Shake Accepts Bitcoin, Galaxy Listed on NASDAQ
CoinDesk
This news covers recent developments in Bitcoin adoption, including a rebranding of Top Win, Steak N Shake starting to accept Bitcoin as payment, and Galaxy's debut on the Nasdaq stock exchange. These events highlight growing acceptance and integration of Bitcoin in various sectors, from retail to financial markets.
#Bitcoin
$BTC
1 day ago
KULR Announces Q1 2025 Performance: Revenue Grows by 40%, Achieves Bitcoin Mining Revenue for the First Time, and Launches Blockchain Supply Chain Project
The Block
KULR Technology announced its Q1 2025 financial report, with revenue increasing by 40% year-on-year to 2.45 million USD, primarily driven by product sales. The company's net loss expanded to 18.81 million USD, mainly due to the market value adjustment of Bitcoin holdings. KULR expanded its Bitcoin assets to 716.20 BTC (approximately 74.40 million USD), with a total cost of 69 million USD and an unrealized gain of 5.40 million USD. The company recognized Bitcoin mining revenue of 250 thousand USD for the first time and launched a blockchain-based supply chain project, utilizing the Ethereum Layer 2 network Base to achieve transparency and security of product data. KULR also secured 6.70 million USD in aerospace technology funding, entered the U.S. robotics market, and partnered with AstroForge to conduct asteroid mining missions. The company's CEO stated that 2025 is a year of transformation, planning to drive growth through Bitcoin assets and business expansion.
#Bitcoin
$BTC
20 hours ago
USDJ officially launches Sunset Plan, aiming for a gradual and orderly exit
TechFlow
According to TechFlow on May 16, official information confirms that USDJ has officially launched the "Sunset Plan," aiming to complete the full market exit transition by August 31, 2025. This decision aligns with the development trends in the DeFi industry, optimizes resource allocation, and gradually shifts the focus to more efficient next-generation stablecoins such as USDD within the TRON ecosystem. Starting from May 16, JustLend DAO will suspend new USDJ deposits and borrowing functions, while existing positions remain unaffected. The platform will also gradually reduce the collateralization ratio of USDJ as appropriate, advising relevant users to monitor and adjust their asset structures promptly to avoid potential liquidation risks. During the transition period, the official team commits to continuously maintaining USDJ liquidity on mainstream DEXs such as SunSwap and providing convenient asset exchange channels for USDD, USDT, and others. The JustStable team stated that they will continue to promote more innovative projects in the TRON DeFi ecosystem in the future, working hand in hand with users to build a more valuable financial future.
#DeFi
$TRX
8 hours ago
A certain whale deposited 1.70 million USDC into HyperLiquid and took a 20x short position on SOL.
TechFlow

According to TechFlow, on May 16, on-chain analyst Onchain Lens (@OnchainLens) monitored that a certain whale deposited 1.70 million USDC into HyperLiquid and opened a short position on SOL with 20x leverage.

#DeFi
$HYPE
$MAG7.SSI
$SOL
7 hours ago
DeFi Development Collaborates with BONK to Jointly Manage Validator Nodes, SOL Holdings Increase to 609,190 Tokens
吴说

DeFi Development Corp. (DFDV) announced a partnership with the memecoin community BONK on Solana to jointly manage validator nodes and plans to integrate BONK's liquid staking token BONKSOL, with both parties sharing node rewards proportionally. Additionally, the company acquired 16,447 SOL tokens, increasing its holdings to 609,190 SOL, with a total value of approximately 107 million USD. (CoinDesk)

#DeFi
$BONK
$MAG7.SSI
$SOL
6 hours ago
Northern Mariana Islands Pass Stablecoin Act; Tinian to Issue First U.S. Public Entity Stablecoin
PANews
The Northern Mariana Islands overturned the governor's veto through the Stablecoin Act. This act allows its island Tinian to issue the stablecoin "Marianas US Dollar (MUSD)" and authorizes the Tinian local government to grant licenses for online casinos. The Tinian government selected the local technology company Marianas Rai Corporation as the exclusive infrastructure provider for MUSD, which will be issued on the eCash blockchain. Governor Arnold Palacios had vetoed the act citing legal and constitutional concerns, but both the Senate and House overrode the veto with more than a two-thirds majority. Supporters believe the act will help attract investment and promote economic development, while opponents worry about gambling-related issues. This act may make Tinian the first U.S. public entity to issue a stablecoin.
#DeFi
$XEC
17 hours ago
Fireblocks: Institutional Trust in Stablecoins Hits a New High, 86% of Institutions Now Equipped with Stablecoin Integration Capabilities
TechFlow

According to TechFlow, on May 16, Cryptoslate reported that Fireblocks revealed institutional adoption of stablecoins has reached an all-time high. The report indicated that 86% of surveyed institutions have established partnerships and systems to support stablecoin integration. Currently, 49% of institutions are actively using stablecoins for payments, 23% are conducting pilots, and 18% are preparing for implementation.

Compared to 2023, adoption barriers have significantly decreased: compliance concerns dropped from 74% to 18%, and regulatory uncertainty fell from 85% to 25%. Cross-border transactions have become the primary demand, with 58% of traditional banks viewing cross-border payments as the foremost use case for stablecoins.

#DeFi
20 hours ago
France Strengthens Security Measures for Cryptocurrency Entrepreneurs Amid Multiple Suspected Kidnapping Incidents
吴说
Wu Shuo has learned that after several cryptocurrency entrepreneurs and their families in France experienced two successful kidnappings and one attempted kidnapping, the French government announced it will provide these individuals and their families with priority emergency reporting channels, on-site security inspections, and safety advice. Additionally, law enforcement personnel will receive anti-money laundering training related to crypto assets. French Minister of the Interior Bruno Retailleau stated that these violent incidents targeting cryptocurrency industry practitioners are suspected to be interconnected. The cases are currently under investigation by prosecutors specializing in organized crime, and multiple suspects have already been arrested.
7 hours ago
XRP Drops 4%, Bitcoin Traders Cautious Around $105,000 Price Resistance
CoinDesk
XRP price dropped by 4%, Bitcoin traders remain cautious about the $105,000 price resistance.
#Bitcoin
$BTC
$MAG7.SSI
$XRP
1 day ago
FTX's bankruptcy assets will pay over 5 billion USD to creditors
CoinDesk
FTX announced that it will pay creditors more than 5 billion USD as part of the preparation for the distribution of bankruptcy assets. This move marks a critical phase in the FTX bankruptcy process, aiming to repay debts through asset allocation.
$FTT
1 day ago
The U.S. Department of Justice Accuses 12 Individuals in $263 Million Cryptocurrency Theft Related to Genesis Creditors
CoinDesk
The U.S. Department of Justice has charged 12 individuals in connection with a $263 million cryptocurrency theft case involving Genesis creditors.
1 day ago
Bitcoin Bulls Face $120 Million Challenge, Striving to Sustain Stair-Step Uptrend
CoinDesk
Bitcoin bulls face a challenge of $120 million as they attempt to continue their "stair-step" upward trend.
#Bitcoin
$BTC
1 day ago
Americas Crypto Market Update: Fintech Companies and Funds Continue Accumulating Bitcoin Despite Temporary Pause in Bullish Activity
CoinDesk
This article introduces the latest developments in the cryptocurrency market in the Americas, focusing on the behavior of fintech companies and funds in the Bitcoin market. Despite a temporary pause in the bullish market, these institutions continue to hold large amounts of Bitcoin, demonstrating confidence in the future market. The article analyzes the background of this phenomenon, the current market situation, and its potential impact.
#Bitcoin
$BTC
1 day ago
Analyst Says Market Overreacted to Coinbase Hack Incident, SEC Investigation Affects COIN Stock Price
CoinDesk
Analysts say the market's reaction to the Coinbase hacking incident is exaggerated, despite the SEC investigation causing COIN's stock price to decline.
1 day ago
Cryptocurrency benchmark agency states that the bearish sentiment on Ethereum has ended, driving ETH price increase
CoinDesk
The bearish sentiment on Ethereum has ended, driving up the price of ETH. The cryptocurrency benchmark publisher pointed out that the shift in market sentiment is the main reason behind the surge in ETH prices.
#Layer1
$ETH
$MAG7.SSI
1 day ago
Wisconsin Sells Entire $350 Million Spot Bitcoin ETF Holdings
CoinDesk
Wisconsin has sold its entire holdings of spot Bitcoin ETF valued at 350 million USD.
#ETF
$BTC
1 day ago
Court Dismisses Ripple and SEC XRP Settlement Application Due to Procedural Defects
CoinDesk
The court rejected Ripple's and the U.S. Securities and Exchange Commission's (SEC) application for settlement regarding XRP, citing "procedural defects."
$MAG7.SSI
$XRP
1 day ago
CoinDesk 20 Index Performance Update: AAVE Leads with a 7.4% Increase
CoinDesk
CoinDesk 20 Index Performance Update: AAVE rose by 7.4%, driving the overall index higher.
#DeFi
$AAVE
1 day ago
CoinDesk analyst suggests that UK cryptocurrency companies establish Bitcoin treasuries
CoinDesk
CoinDesk analysts recommend that UK cryptocurrency companies establish Bitcoin treasuries.
#Bitcoin
$BTC
1 day ago
Film producer David Goyer bets on blockchain technology to create a new sci-fi series
CoinDesk
Filmmaker David Goyer is planning to use blockchain technology for his next science fiction franchise. This move indicates a blend of traditional filmmaking with innovative digital technology, potentially impacting how sci-fi stories are produced and distributed.
1 day ago
Bitcoin Latest Updates: Top Win Brand Revamp, Steak N Shake Accepts Bitcoin, Galaxy Listed on NASDAQ
CoinDesk
This news covers recent developments in Bitcoin adoption, including a rebranding of Top Win, Steak N Shake starting to accept Bitcoin as payment, and Galaxy's debut on the Nasdaq stock exchange. These events highlight growing acceptance and integration of Bitcoin in various sectors, from retail to financial markets.
#Bitcoin
$BTC
1 day ago
KULR Announces Q1 2025 Performance: Revenue Grows by 40%, Achieves Bitcoin Mining Revenue for the First Time, and Launches Blockchain Supply Chain Project
The Block
KULR Technology announced its Q1 2025 financial report, with revenue increasing by 40% year-on-year to 2.45 million USD, primarily driven by product sales. The company's net loss expanded to 18.81 million USD, mainly due to the market value adjustment of Bitcoin holdings. KULR expanded its Bitcoin assets to 716.20 BTC (approximately 74.40 million USD), with a total cost of 69 million USD and an unrealized gain of 5.40 million USD. The company recognized Bitcoin mining revenue of 250 thousand USD for the first time and launched a blockchain-based supply chain project, utilizing the Ethereum Layer 2 network Base to achieve transparency and security of product data. KULR also secured 6.70 million USD in aerospace technology funding, entered the U.S. robotics market, and partnered with AstroForge to conduct asteroid mining missions. The company's CEO stated that 2025 is a year of transformation, planning to drive growth through Bitcoin assets and business expansion.
#Bitcoin
$BTC
20 hours ago
USDJ officially launches Sunset Plan, aiming for a gradual and orderly exit
TechFlow
According to TechFlow on May 16, official information confirms that USDJ has officially launched the "Sunset Plan," aiming to complete the full market exit transition by August 31, 2025. This decision aligns with the development trends in the DeFi industry, optimizes resource allocation, and gradually shifts the focus to more efficient next-generation stablecoins such as USDD within the TRON ecosystem. Starting from May 16, JustLend DAO will suspend new USDJ deposits and borrowing functions, while existing positions remain unaffected. The platform will also gradually reduce the collateralization ratio of USDJ as appropriate, advising relevant users to monitor and adjust their asset structures promptly to avoid potential liquidation risks. During the transition period, the official team commits to continuously maintaining USDJ liquidity on mainstream DEXs such as SunSwap and providing convenient asset exchange channels for USDD, USDT, and others. The JustStable team stated that they will continue to promote more innovative projects in the TRON DeFi ecosystem in the future, working hand in hand with users to build a more valuable financial future.
#DeFi
$TRX
8 hours ago
A certain whale deposited 1.70 million USDC into HyperLiquid and took a 20x short position on SOL.
TechFlow

According to TechFlow, on May 16, on-chain analyst Onchain Lens (@OnchainLens) monitored that a certain whale deposited 1.70 million USDC into HyperLiquid and opened a short position on SOL with 20x leverage.

#DeFi
$HYPE
$MAG7.SSI
$SOL
7 hours ago
DeFi Development Collaborates with BONK to Jointly Manage Validator Nodes, SOL Holdings Increase to 609,190 Tokens
吴说

DeFi Development Corp. (DFDV) announced a partnership with the memecoin community BONK on Solana to jointly manage validator nodes and plans to integrate BONK's liquid staking token BONKSOL, with both parties sharing node rewards proportionally. Additionally, the company acquired 16,447 SOL tokens, increasing its holdings to 609,190 SOL, with a total value of approximately 107 million USD. (CoinDesk)

#DeFi
$BONK
$MAG7.SSI
$SOL
6 hours ago
Northern Mariana Islands Pass Stablecoin Act; Tinian to Issue First U.S. Public Entity Stablecoin
PANews
The Northern Mariana Islands overturned the governor's veto through the Stablecoin Act. This act allows its island Tinian to issue the stablecoin "Marianas US Dollar (MUSD)" and authorizes the Tinian local government to grant licenses for online casinos. The Tinian government selected the local technology company Marianas Rai Corporation as the exclusive infrastructure provider for MUSD, which will be issued on the eCash blockchain. Governor Arnold Palacios had vetoed the act citing legal and constitutional concerns, but both the Senate and House overrode the veto with more than a two-thirds majority. Supporters believe the act will help attract investment and promote economic development, while opponents worry about gambling-related issues. This act may make Tinian the first U.S. public entity to issue a stablecoin.
#DeFi
$XEC
17 hours ago
Fireblocks: Institutional Trust in Stablecoins Hits a New High, 86% of Institutions Now Equipped with Stablecoin Integration Capabilities
TechFlow

According to TechFlow, on May 16, Cryptoslate reported that Fireblocks revealed institutional adoption of stablecoins has reached an all-time high. The report indicated that 86% of surveyed institutions have established partnerships and systems to support stablecoin integration. Currently, 49% of institutions are actively using stablecoins for payments, 23% are conducting pilots, and 18% are preparing for implementation.

Compared to 2023, adoption barriers have significantly decreased: compliance concerns dropped from 74% to 18%, and regulatory uncertainty fell from 85% to 25%. Cross-border transactions have become the primary demand, with 58% of traditional banks viewing cross-border payments as the foremost use case for stablecoins.

#DeFi
20 hours ago
France Strengthens Security Measures for Cryptocurrency Entrepreneurs Amid Multiple Suspected Kidnapping Incidents
吴说
Wu Shuo has learned that after several cryptocurrency entrepreneurs and their families in France experienced two successful kidnappings and one attempted kidnapping, the French government announced it will provide these individuals and their families with priority emergency reporting channels, on-site security inspections, and safety advice. Additionally, law enforcement personnel will receive anti-money laundering training related to crypto assets. French Minister of the Interior Bruno Retailleau stated that these violent incidents targeting cryptocurrency industry practitioners are suspected to be interconnected. The cases are currently under investigation by prosecutors specializing in organized crime, and multiple suspects have already been arrested.
7 hours ago
XRP Drops 4%, Bitcoin Traders Cautious Around $105,000 Price Resistance
CoinDesk
XRP price dropped by 4%, Bitcoin traders remain cautious about the $105,000 price resistance.
#Bitcoin
$BTC
$MAG7.SSI
$XRP
1 day ago
FTX's bankruptcy assets will pay over 5 billion USD to creditors
CoinDesk
FTX announced that it will pay creditors more than 5 billion USD as part of the preparation for the distribution of bankruptcy assets. This move marks a critical phase in the FTX bankruptcy process, aiming to repay debts through asset allocation.
$FTT
1 day ago
The U.S. Department of Justice Accuses 12 Individuals in $263 Million Cryptocurrency Theft Related to Genesis Creditors
CoinDesk
The U.S. Department of Justice has charged 12 individuals in connection with a $263 million cryptocurrency theft case involving Genesis creditors.
1 day ago
Bitcoin Bulls Face $120 Million Challenge, Striving to Sustain Stair-Step Uptrend
CoinDesk
Bitcoin bulls face a challenge of $120 million as they attempt to continue their "stair-step" upward trend.
#Bitcoin
$BTC
1 day ago
Americas Crypto Market Update: Fintech Companies and Funds Continue Accumulating Bitcoin Despite Temporary Pause in Bullish Activity
CoinDesk
This article introduces the latest developments in the cryptocurrency market in the Americas, focusing on the behavior of fintech companies and funds in the Bitcoin market. Despite a temporary pause in the bullish market, these institutions continue to hold large amounts of Bitcoin, demonstrating confidence in the future market. The article analyzes the background of this phenomenon, the current market situation, and its potential impact.
#Bitcoin
$BTC
1 day ago
Analyst Says Market Overreacted to Coinbase Hack Incident, SEC Investigation Affects COIN Stock Price
CoinDesk
Analysts say the market's reaction to the Coinbase hacking incident is exaggerated, despite the SEC investigation causing COIN's stock price to decline.
1 day ago
Cryptocurrency benchmark agency states that the bearish sentiment on Ethereum has ended, driving ETH price increase
CoinDesk
The bearish sentiment on Ethereum has ended, driving up the price of ETH. The cryptocurrency benchmark publisher pointed out that the shift in market sentiment is the main reason behind the surge in ETH prices.
#Layer1
$ETH
$MAG7.SSI
1 day ago
Wisconsin Sells Entire $350 Million Spot Bitcoin ETF Holdings
CoinDesk
Wisconsin has sold its entire holdings of spot Bitcoin ETF valued at 350 million USD.
#ETF
$BTC
1 day ago
Court Dismisses Ripple and SEC XRP Settlement Application Due to Procedural Defects
CoinDesk
The court rejected Ripple's and the U.S. Securities and Exchange Commission's (SEC) application for settlement regarding XRP, citing "procedural defects."
$MAG7.SSI
$XRP
1 day ago
CoinDesk 20 Index Performance Update: AAVE Leads with a 7.4% Increase
CoinDesk
CoinDesk 20 Index Performance Update: AAVE rose by 7.4%, driving the overall index higher.
#DeFi
$AAVE
1 day ago
CoinDesk analyst suggests that UK cryptocurrency companies establish Bitcoin treasuries
CoinDesk
CoinDesk analysts recommend that UK cryptocurrency companies establish Bitcoin treasuries.
#Bitcoin
$BTC
1 day ago
Film producer David Goyer bets on blockchain technology to create a new sci-fi series
CoinDesk
Filmmaker David Goyer is planning to use blockchain technology for his next science fiction franchise. This move indicates a blend of traditional filmmaking with innovative digital technology, potentially impacting how sci-fi stories are produced and distributed.
1 day ago
Bitcoin Latest Updates: Top Win Brand Revamp, Steak N Shake Accepts Bitcoin, Galaxy Listed on NASDAQ
CoinDesk
This news covers recent developments in Bitcoin adoption, including a rebranding of Top Win, Steak N Shake starting to accept Bitcoin as payment, and Galaxy's debut on the Nasdaq stock exchange. These events highlight growing acceptance and integration of Bitcoin in various sectors, from retail to financial markets.
#Bitcoin
$BTC
1 day ago
KULR Announces Q1 2025 Performance: Revenue Grows by 40%, Achieves Bitcoin Mining Revenue for the First Time, and Launches Blockchain Supply Chain Project
The Block
KULR Technology announced its Q1 2025 financial report, with revenue increasing by 40% year-on-year to 2.45 million USD, primarily driven by product sales. The company's net loss expanded to 18.81 million USD, mainly due to the market value adjustment of Bitcoin holdings. KULR expanded its Bitcoin assets to 716.20 BTC (approximately 74.40 million USD), with a total cost of 69 million USD and an unrealized gain of 5.40 million USD. The company recognized Bitcoin mining revenue of 250 thousand USD for the first time and launched a blockchain-based supply chain project, utilizing the Ethereum Layer 2 network Base to achieve transparency and security of product data. KULR also secured 6.70 million USD in aerospace technology funding, entered the U.S. robotics market, and partnered with AstroForge to conduct asteroid mining missions. The company's CEO stated that 2025 is a year of transformation, planning to drive growth through Bitcoin assets and business expansion.
#Bitcoin
$BTC
20 hours ago
USDJ officially launches Sunset Plan, aiming for a gradual and orderly exit
TechFlow
According to TechFlow on May 16, official information confirms that USDJ has officially launched the "Sunset Plan," aiming to complete the full market exit transition by August 31, 2025. This decision aligns with the development trends in the DeFi industry, optimizes resource allocation, and gradually shifts the focus to more efficient next-generation stablecoins such as USDD within the TRON ecosystem. Starting from May 16, JustLend DAO will suspend new USDJ deposits and borrowing functions, while existing positions remain unaffected. The platform will also gradually reduce the collateralization ratio of USDJ as appropriate, advising relevant users to monitor and adjust their asset structures promptly to avoid potential liquidation risks. During the transition period, the official team commits to continuously maintaining USDJ liquidity on mainstream DEXs such as SunSwap and providing convenient asset exchange channels for USDD, USDT, and others. The JustStable team stated that they will continue to promote more innovative projects in the TRON DeFi ecosystem in the future, working hand in hand with users to build a more valuable financial future.
#DeFi
$TRX
8 hours ago
A certain whale deposited 1.70 million USDC into HyperLiquid and took a 20x short position on SOL.
TechFlow

According to TechFlow, on May 16, on-chain analyst Onchain Lens (@OnchainLens) monitored that a certain whale deposited 1.70 million USDC into HyperLiquid and opened a short position on SOL with 20x leverage.

#DeFi
$HYPE
$MAG7.SSI
$SOL
7 hours ago
DeFi Development Collaborates with BONK to Jointly Manage Validator Nodes, SOL Holdings Increase to 609,190 Tokens
吴说

DeFi Development Corp. (DFDV) announced a partnership with the memecoin community BONK on Solana to jointly manage validator nodes and plans to integrate BONK's liquid staking token BONKSOL, with both parties sharing node rewards proportionally. Additionally, the company acquired 16,447 SOL tokens, increasing its holdings to 609,190 SOL, with a total value of approximately 107 million USD. (CoinDesk)

#DeFi
$BONK
$MAG7.SSI
$SOL
6 hours ago
Northern Mariana Islands Pass Stablecoin Act; Tinian to Issue First U.S. Public Entity Stablecoin
PANews
The Northern Mariana Islands overturned the governor's veto through the Stablecoin Act. This act allows its island Tinian to issue the stablecoin "Marianas US Dollar (MUSD)" and authorizes the Tinian local government to grant licenses for online casinos. The Tinian government selected the local technology company Marianas Rai Corporation as the exclusive infrastructure provider for MUSD, which will be issued on the eCash blockchain. Governor Arnold Palacios had vetoed the act citing legal and constitutional concerns, but both the Senate and House overrode the veto with more than a two-thirds majority. Supporters believe the act will help attract investment and promote economic development, while opponents worry about gambling-related issues. This act may make Tinian the first U.S. public entity to issue a stablecoin.
#DeFi
$XEC
17 hours ago
Fireblocks: Institutional Trust in Stablecoins Hits a New High, 86% of Institutions Now Equipped with Stablecoin Integration Capabilities
TechFlow

According to TechFlow, on May 16, Cryptoslate reported that Fireblocks revealed institutional adoption of stablecoins has reached an all-time high. The report indicated that 86% of surveyed institutions have established partnerships and systems to support stablecoin integration. Currently, 49% of institutions are actively using stablecoins for payments, 23% are conducting pilots, and 18% are preparing for implementation.

Compared to 2023, adoption barriers have significantly decreased: compliance concerns dropped from 74% to 18%, and regulatory uncertainty fell from 85% to 25%. Cross-border transactions have become the primary demand, with 58% of traditional banks viewing cross-border payments as the foremost use case for stablecoins.

#DeFi
20 hours ago
France Strengthens Security Measures for Cryptocurrency Entrepreneurs Amid Multiple Suspected Kidnapping Incidents
吴说
Wu Shuo has learned that after several cryptocurrency entrepreneurs and their families in France experienced two successful kidnappings and one attempted kidnapping, the French government announced it will provide these individuals and their families with priority emergency reporting channels, on-site security inspections, and safety advice. Additionally, law enforcement personnel will receive anti-money laundering training related to crypto assets. French Minister of the Interior Bruno Retailleau stated that these violent incidents targeting cryptocurrency industry practitioners are suspected to be interconnected. The cases are currently under investigation by prosecutors specializing in organized crime, and multiple suspects have already been arrested.
7 hours ago
XRP Drops 4%, Bitcoin Traders Cautious Around $105,000 Price Resistance
CoinDesk
XRP price dropped by 4%, Bitcoin traders remain cautious about the $105,000 price resistance.
#Bitcoin
$BTC
$MAG7.SSI
$XRP
1 day ago
FTX's bankruptcy assets will pay over 5 billion USD to creditors
CoinDesk
FTX announced that it will pay creditors more than 5 billion USD as part of the preparation for the distribution of bankruptcy assets. This move marks a critical phase in the FTX bankruptcy process, aiming to repay debts through asset allocation.
$FTT
1 day ago
The U.S. Department of Justice Accuses 12 Individuals in $263 Million Cryptocurrency Theft Related to Genesis Creditors
CoinDesk
The U.S. Department of Justice has charged 12 individuals in connection with a $263 million cryptocurrency theft case involving Genesis creditors.
1 day ago
Bitcoin Bulls Face $120 Million Challenge, Striving to Sustain Stair-Step Uptrend
CoinDesk
Bitcoin bulls face a challenge of $120 million as they attempt to continue their "stair-step" upward trend.
#Bitcoin
$BTC
1 day ago
Americas Crypto Market Update: Fintech Companies and Funds Continue Accumulating Bitcoin Despite Temporary Pause in Bullish Activity
CoinDesk
This article introduces the latest developments in the cryptocurrency market in the Americas, focusing on the behavior of fintech companies and funds in the Bitcoin market. Despite a temporary pause in the bullish market, these institutions continue to hold large amounts of Bitcoin, demonstrating confidence in the future market. The article analyzes the background of this phenomenon, the current market situation, and its potential impact.
#Bitcoin
$BTC
1 day ago
Analyst Says Market Overreacted to Coinbase Hack Incident, SEC Investigation Affects COIN Stock Price
CoinDesk
Analysts say the market's reaction to the Coinbase hacking incident is exaggerated, despite the SEC investigation causing COIN's stock price to decline.
1 day ago
Cryptocurrency benchmark agency states that the bearish sentiment on Ethereum has ended, driving ETH price increase
CoinDesk
The bearish sentiment on Ethereum has ended, driving up the price of ETH. The cryptocurrency benchmark publisher pointed out that the shift in market sentiment is the main reason behind the surge in ETH prices.
#Layer1
$ETH
$MAG7.SSI
1 day ago
Wisconsin Sells Entire $350 Million Spot Bitcoin ETF Holdings
CoinDesk
Wisconsin has sold its entire holdings of spot Bitcoin ETF valued at 350 million USD.
#ETF
$BTC
1 day ago
Court Dismisses Ripple and SEC XRP Settlement Application Due to Procedural Defects
CoinDesk
The court rejected Ripple's and the U.S. Securities and Exchange Commission's (SEC) application for settlement regarding XRP, citing "procedural defects."
$MAG7.SSI
$XRP
1 day ago
CoinDesk 20 Index Performance Update: AAVE Leads with a 7.4% Increase
CoinDesk
CoinDesk 20 Index Performance Update: AAVE rose by 7.4%, driving the overall index higher.
#DeFi
$AAVE
1 day ago
CoinDesk analyst suggests that UK cryptocurrency companies establish Bitcoin treasuries
CoinDesk
CoinDesk analysts recommend that UK cryptocurrency companies establish Bitcoin treasuries.
#Bitcoin
$BTC
1 day ago
Film producer David Goyer bets on blockchain technology to create a new sci-fi series
CoinDesk
Filmmaker David Goyer is planning to use blockchain technology for his next science fiction franchise. This move indicates a blend of traditional filmmaking with innovative digital technology, potentially impacting how sci-fi stories are produced and distributed.
1 day ago
Bitcoin Latest Updates: Top Win Brand Revamp, Steak N Shake Accepts Bitcoin, Galaxy Listed on NASDAQ
CoinDesk
This news covers recent developments in Bitcoin adoption, including a rebranding of Top Win, Steak N Shake starting to accept Bitcoin as payment, and Galaxy's debut on the Nasdaq stock exchange. These events highlight growing acceptance and integration of Bitcoin in various sectors, from retail to financial markets.
#Bitcoin
$BTC
1 day ago
KULR Announces Q1 2025 Performance: Revenue Grows by 40%, Achieves Bitcoin Mining Revenue for the First Time, and Launches Blockchain Supply Chain Project
The Block
KULR Technology announced its Q1 2025 financial report, with revenue increasing by 40% year-on-year to 2.45 million USD, primarily driven by product sales. The company's net loss expanded to 18.81 million USD, mainly due to the market value adjustment of Bitcoin holdings. KULR expanded its Bitcoin assets to 716.20 BTC (approximately 74.40 million USD), with a total cost of 69 million USD and an unrealized gain of 5.40 million USD. The company recognized Bitcoin mining revenue of 250 thousand USD for the first time and launched a blockchain-based supply chain project, utilizing the Ethereum Layer 2 network Base to achieve transparency and security of product data. KULR also secured 6.70 million USD in aerospace technology funding, entered the U.S. robotics market, and partnered with AstroForge to conduct asteroid mining missions. The company's CEO stated that 2025 is a year of transformation, planning to drive growth through Bitcoin assets and business expansion.
#Bitcoin
$BTC
20 hours ago
USDJ officially launches Sunset Plan, aiming for a gradual and orderly exit
TechFlow
According to TechFlow on May 16, official information confirms that USDJ has officially launched the "Sunset Plan," aiming to complete the full market exit transition by August 31, 2025. This decision aligns with the development trends in the DeFi industry, optimizes resource allocation, and gradually shifts the focus to more efficient next-generation stablecoins such as USDD within the TRON ecosystem. Starting from May 16, JustLend DAO will suspend new USDJ deposits and borrowing functions, while existing positions remain unaffected. The platform will also gradually reduce the collateralization ratio of USDJ as appropriate, advising relevant users to monitor and adjust their asset structures promptly to avoid potential liquidation risks. During the transition period, the official team commits to continuously maintaining USDJ liquidity on mainstream DEXs such as SunSwap and providing convenient asset exchange channels for USDD, USDT, and others. The JustStable team stated that they will continue to promote more innovative projects in the TRON DeFi ecosystem in the future, working hand in hand with users to build a more valuable financial future.
#DeFi
$TRX
8 hours ago
A certain whale deposited 1.70 million USDC into HyperLiquid and took a 20x short position on SOL.
TechFlow

According to TechFlow, on May 16, on-chain analyst Onchain Lens (@OnchainLens) monitored that a certain whale deposited 1.70 million USDC into HyperLiquid and opened a short position on SOL with 20x leverage.

#DeFi
$HYPE
$MAG7.SSI
$SOL
7 hours ago
DeFi Development Collaborates with BONK to Jointly Manage Validator Nodes, SOL Holdings Increase to 609,190 Tokens
吴说

DeFi Development Corp. (DFDV) announced a partnership with the memecoin community BONK on Solana to jointly manage validator nodes and plans to integrate BONK's liquid staking token BONKSOL, with both parties sharing node rewards proportionally. Additionally, the company acquired 16,447 SOL tokens, increasing its holdings to 609,190 SOL, with a total value of approximately 107 million USD. (CoinDesk)

#DeFi
$BONK
$MAG7.SSI
$SOL
6 hours ago
Northern Mariana Islands Pass Stablecoin Act; Tinian to Issue First U.S. Public Entity Stablecoin
PANews
The Northern Mariana Islands overturned the governor's veto through the Stablecoin Act. This act allows its island Tinian to issue the stablecoin "Marianas US Dollar (MUSD)" and authorizes the Tinian local government to grant licenses for online casinos. The Tinian government selected the local technology company Marianas Rai Corporation as the exclusive infrastructure provider for MUSD, which will be issued on the eCash blockchain. Governor Arnold Palacios had vetoed the act citing legal and constitutional concerns, but both the Senate and House overrode the veto with more than a two-thirds majority. Supporters believe the act will help attract investment and promote economic development, while opponents worry about gambling-related issues. This act may make Tinian the first U.S. public entity to issue a stablecoin.
#DeFi
$XEC
17 hours ago
Fireblocks: Institutional Trust in Stablecoins Hits a New High, 86% of Institutions Now Equipped with Stablecoin Integration Capabilities
TechFlow

According to TechFlow, on May 16, Cryptoslate reported that Fireblocks revealed institutional adoption of stablecoins has reached an all-time high. The report indicated that 86% of surveyed institutions have established partnerships and systems to support stablecoin integration. Currently, 49% of institutions are actively using stablecoins for payments, 23% are conducting pilots, and 18% are preparing for implementation.

Compared to 2023, adoption barriers have significantly decreased: compliance concerns dropped from 74% to 18%, and regulatory uncertainty fell from 85% to 25%. Cross-border transactions have become the primary demand, with 58% of traditional banks viewing cross-border payments as the foremost use case for stablecoins.

#DeFi
20 hours ago
France Strengthens Security Measures for Cryptocurrency Entrepreneurs Amid Multiple Suspected Kidnapping Incidents
吴说
Wu Shuo has learned that after several cryptocurrency entrepreneurs and their families in France experienced two successful kidnappings and one attempted kidnapping, the French government announced it will provide these individuals and their families with priority emergency reporting channels, on-site security inspections, and safety advice. Additionally, law enforcement personnel will receive anti-money laundering training related to crypto assets. French Minister of the Interior Bruno Retailleau stated that these violent incidents targeting cryptocurrency industry practitioners are suspected to be interconnected. The cases are currently under investigation by prosecutors specializing in organized crime, and multiple suspects have already been arrested.
7 hours ago
XRP Drops 4%, Bitcoin Traders Cautious Around $105,000 Price Resistance
CoinDesk
XRP price dropped by 4%, Bitcoin traders remain cautious about the $105,000 price resistance.
#Bitcoin
$BTC
$MAG7.SSI
$XRP
1 day ago
FTX's bankruptcy assets will pay over 5 billion USD to creditors
CoinDesk
FTX announced that it will pay creditors more than 5 billion USD as part of the preparation for the distribution of bankruptcy assets. This move marks a critical phase in the FTX bankruptcy process, aiming to repay debts through asset allocation.
$FTT
1 day ago
The U.S. Department of Justice Accuses 12 Individuals in $263 Million Cryptocurrency Theft Related to Genesis Creditors
CoinDesk
The U.S. Department of Justice has charged 12 individuals in connection with a $263 million cryptocurrency theft case involving Genesis creditors.
1 day ago
Bitcoin Bulls Face $120 Million Challenge, Striving to Sustain Stair-Step Uptrend
CoinDesk
Bitcoin bulls face a challenge of $120 million as they attempt to continue their "stair-step" upward trend.
#Bitcoin
$BTC
1 day ago
Americas Crypto Market Update: Fintech Companies and Funds Continue Accumulating Bitcoin Despite Temporary Pause in Bullish Activity
CoinDesk
This article introduces the latest developments in the cryptocurrency market in the Americas, focusing on the behavior of fintech companies and funds in the Bitcoin market. Despite a temporary pause in the bullish market, these institutions continue to hold large amounts of Bitcoin, demonstrating confidence in the future market. The article analyzes the background of this phenomenon, the current market situation, and its potential impact.
#Bitcoin
$BTC
1 day ago
Analyst Says Market Overreacted to Coinbase Hack Incident, SEC Investigation Affects COIN Stock Price
CoinDesk
Analysts say the market's reaction to the Coinbase hacking incident is exaggerated, despite the SEC investigation causing COIN's stock price to decline.
1 day ago
Cryptocurrency benchmark agency states that the bearish sentiment on Ethereum has ended, driving ETH price increase
CoinDesk
The bearish sentiment on Ethereum has ended, driving up the price of ETH. The cryptocurrency benchmark publisher pointed out that the shift in market sentiment is the main reason behind the surge in ETH prices.
#Layer1
$ETH
$MAG7.SSI
1 day ago
Wisconsin Sells Entire $350 Million Spot Bitcoin ETF Holdings
CoinDesk
Wisconsin has sold its entire holdings of spot Bitcoin ETF valued at 350 million USD.
#ETF
$BTC
1 day ago
Court Dismisses Ripple and SEC XRP Settlement Application Due to Procedural Defects
CoinDesk
The court rejected Ripple's and the U.S. Securities and Exchange Commission's (SEC) application for settlement regarding XRP, citing "procedural defects."
$MAG7.SSI
$XRP
1 day ago
CoinDesk 20 Index Performance Update: AAVE Leads with a 7.4% Increase
CoinDesk
CoinDesk 20 Index Performance Update: AAVE rose by 7.4%, driving the overall index higher.
#DeFi
$AAVE
1 day ago
CoinDesk analyst suggests that UK cryptocurrency companies establish Bitcoin treasuries
CoinDesk
CoinDesk analysts recommend that UK cryptocurrency companies establish Bitcoin treasuries.
#Bitcoin
$BTC
1 day ago
Film producer David Goyer bets on blockchain technology to create a new sci-fi series
CoinDesk
Filmmaker David Goyer is planning to use blockchain technology for his next science fiction franchise. This move indicates a blend of traditional filmmaking with innovative digital technology, potentially impacting how sci-fi stories are produced and distributed.
1 day ago
Bitcoin Latest Updates: Top Win Brand Revamp, Steak N Shake Accepts Bitcoin, Galaxy Listed on NASDAQ
CoinDesk
This news covers recent developments in Bitcoin adoption, including a rebranding of Top Win, Steak N Shake starting to accept Bitcoin as payment, and Galaxy's debut on the Nasdaq stock exchange. These events highlight growing acceptance and integration of Bitcoin in various sectors, from retail to financial markets.
#Bitcoin
$BTC
1 day ago
KULR Announces Q1 2025 Performance: Revenue Grows by 40%, Achieves Bitcoin Mining Revenue for the First Time, and Launches Blockchain Supply Chain Project
The Block
KULR Technology announced its Q1 2025 financial report, with revenue increasing by 40% year-on-year to 2.45 million USD, primarily driven by product sales. The company's net loss expanded to 18.81 million USD, mainly due to the market value adjustment of Bitcoin holdings. KULR expanded its Bitcoin assets to 716.20 BTC (approximately 74.40 million USD), with a total cost of 69 million USD and an unrealized gain of 5.40 million USD. The company recognized Bitcoin mining revenue of 250 thousand USD for the first time and launched a blockchain-based supply chain project, utilizing the Ethereum Layer 2 network Base to achieve transparency and security of product data. KULR also secured 6.70 million USD in aerospace technology funding, entered the U.S. robotics market, and partnered with AstroForge to conduct asteroid mining missions. The company's CEO stated that 2025 is a year of transformation, planning to drive growth through Bitcoin assets and business expansion.
#Bitcoin
$BTC
20 hours ago
USDJ officially launches Sunset Plan, aiming for a gradual and orderly exit
TechFlow
According to TechFlow on May 16, official information confirms that USDJ has officially launched the "Sunset Plan," aiming to complete the full market exit transition by August 31, 2025. This decision aligns with the development trends in the DeFi industry, optimizes resource allocation, and gradually shifts the focus to more efficient next-generation stablecoins such as USDD within the TRON ecosystem. Starting from May 16, JustLend DAO will suspend new USDJ deposits and borrowing functions, while existing positions remain unaffected. The platform will also gradually reduce the collateralization ratio of USDJ as appropriate, advising relevant users to monitor and adjust their asset structures promptly to avoid potential liquidation risks. During the transition period, the official team commits to continuously maintaining USDJ liquidity on mainstream DEXs such as SunSwap and providing convenient asset exchange channels for USDD, USDT, and others. The JustStable team stated that they will continue to promote more innovative projects in the TRON DeFi ecosystem in the future, working hand in hand with users to build a more valuable financial future.
#DeFi
$TRX
8 hours ago
A certain whale deposited 1.70 million USDC into HyperLiquid and took a 20x short position on SOL.
TechFlow

According to TechFlow, on May 16, on-chain analyst Onchain Lens (@OnchainLens) monitored that a certain whale deposited 1.70 million USDC into HyperLiquid and opened a short position on SOL with 20x leverage.

#DeFi
$HYPE
$MAG7.SSI
$SOL
7 hours ago
DeFi Development Collaborates with BONK to Jointly Manage Validator Nodes, SOL Holdings Increase to 609,190 Tokens
吴说

DeFi Development Corp. (DFDV) announced a partnership with the memecoin community BONK on Solana to jointly manage validator nodes and plans to integrate BONK's liquid staking token BONKSOL, with both parties sharing node rewards proportionally. Additionally, the company acquired 16,447 SOL tokens, increasing its holdings to 609,190 SOL, with a total value of approximately 107 million USD. (CoinDesk)

#DeFi
$BONK
$MAG7.SSI
$SOL
6 hours ago
Northern Mariana Islands Pass Stablecoin Act; Tinian to Issue First U.S. Public Entity Stablecoin
PANews
The Northern Mariana Islands overturned the governor's veto through the Stablecoin Act. This act allows its island Tinian to issue the stablecoin "Marianas US Dollar (MUSD)" and authorizes the Tinian local government to grant licenses for online casinos. The Tinian government selected the local technology company Marianas Rai Corporation as the exclusive infrastructure provider for MUSD, which will be issued on the eCash blockchain. Governor Arnold Palacios had vetoed the act citing legal and constitutional concerns, but both the Senate and House overrode the veto with more than a two-thirds majority. Supporters believe the act will help attract investment and promote economic development, while opponents worry about gambling-related issues. This act may make Tinian the first U.S. public entity to issue a stablecoin.
#DeFi
$XEC
17 hours ago
Fireblocks: Institutional Trust in Stablecoins Hits a New High, 86% of Institutions Now Equipped with Stablecoin Integration Capabilities
TechFlow

According to TechFlow, on May 16, Cryptoslate reported that Fireblocks revealed institutional adoption of stablecoins has reached an all-time high. The report indicated that 86% of surveyed institutions have established partnerships and systems to support stablecoin integration. Currently, 49% of institutions are actively using stablecoins for payments, 23% are conducting pilots, and 18% are preparing for implementation.

Compared to 2023, adoption barriers have significantly decreased: compliance concerns dropped from 74% to 18%, and regulatory uncertainty fell from 85% to 25%. Cross-border transactions have become the primary demand, with 58% of traditional banks viewing cross-border payments as the foremost use case for stablecoins.

#DeFi
20 hours ago
France Strengthens Security Measures for Cryptocurrency Entrepreneurs Amid Multiple Suspected Kidnapping Incidents
吴说
Wu Shuo has learned that after several cryptocurrency entrepreneurs and their families in France experienced two successful kidnappings and one attempted kidnapping, the French government announced it will provide these individuals and their families with priority emergency reporting channels, on-site security inspections, and safety advice. Additionally, law enforcement personnel will receive anti-money laundering training related to crypto assets. French Minister of the Interior Bruno Retailleau stated that these violent incidents targeting cryptocurrency industry practitioners are suspected to be interconnected. The cases are currently under investigation by prosecutors specializing in organized crime, and multiple suspects have already been arrested.
7 hours ago
XRP Drops 4%, Bitcoin Traders Cautious Around $105,000 Price Resistance
CoinDesk
XRP price dropped by 4%, Bitcoin traders remain cautious about the $105,000 price resistance.
#Bitcoin
$BTC
$MAG7.SSI
$XRP
1 day ago
FTX's bankruptcy assets will pay over 5 billion USD to creditors
CoinDesk
FTX announced that it will pay creditors more than 5 billion USD as part of the preparation for the distribution of bankruptcy assets. This move marks a critical phase in the FTX bankruptcy process, aiming to repay debts through asset allocation.
$FTT
1 day ago
The U.S. Department of Justice Accuses 12 Individuals in $263 Million Cryptocurrency Theft Related to Genesis Creditors
CoinDesk
The U.S. Department of Justice has charged 12 individuals in connection with a $263 million cryptocurrency theft case involving Genesis creditors.
1 day ago
Bitcoin Bulls Face $120 Million Challenge, Striving to Sustain Stair-Step Uptrend
CoinDesk
Bitcoin bulls face a challenge of $120 million as they attempt to continue their "stair-step" upward trend.
#Bitcoin
$BTC
1 day ago
Americas Crypto Market Update: Fintech Companies and Funds Continue Accumulating Bitcoin Despite Temporary Pause in Bullish Activity
CoinDesk
This article introduces the latest developments in the cryptocurrency market in the Americas, focusing on the behavior of fintech companies and funds in the Bitcoin market. Despite a temporary pause in the bullish market, these institutions continue to hold large amounts of Bitcoin, demonstrating confidence in the future market. The article analyzes the background of this phenomenon, the current market situation, and its potential impact.
#Bitcoin
$BTC
1 day ago
Analyst Says Market Overreacted to Coinbase Hack Incident, SEC Investigation Affects COIN Stock Price
CoinDesk
Analysts say the market's reaction to the Coinbase hacking incident is exaggerated, despite the SEC investigation causing COIN's stock price to decline.
1 day ago
Cryptocurrency benchmark agency states that the bearish sentiment on Ethereum has ended, driving ETH price increase
CoinDesk
The bearish sentiment on Ethereum has ended, driving up the price of ETH. The cryptocurrency benchmark publisher pointed out that the shift in market sentiment is the main reason behind the surge in ETH prices.
#Layer1
$ETH
$MAG7.SSI
1 day ago
Wisconsin Sells Entire $350 Million Spot Bitcoin ETF Holdings
CoinDesk
Wisconsin has sold its entire holdings of spot Bitcoin ETF valued at 350 million USD.
#ETF
$BTC
1 day ago
Court Dismisses Ripple and SEC XRP Settlement Application Due to Procedural Defects
CoinDesk
The court rejected Ripple's and the U.S. Securities and Exchange Commission's (SEC) application for settlement regarding XRP, citing "procedural defects."
$MAG7.SSI
$XRP
1 day ago
CoinDesk 20 Index Performance Update: AAVE Leads with a 7.4% Increase
CoinDesk
CoinDesk 20 Index Performance Update: AAVE rose by 7.4%, driving the overall index higher.
#DeFi
$AAVE
1 day ago
CoinDesk analyst suggests that UK cryptocurrency companies establish Bitcoin treasuries
CoinDesk
CoinDesk analysts recommend that UK cryptocurrency companies establish Bitcoin treasuries.
#Bitcoin
$BTC
1 day ago
Film producer David Goyer bets on blockchain technology to create a new sci-fi series
CoinDesk
Filmmaker David Goyer is planning to use blockchain technology for his next science fiction franchise. This move indicates a blend of traditional filmmaking with innovative digital technology, potentially impacting how sci-fi stories are produced and distributed.
1 day ago
Bitcoin Latest Updates: Top Win Brand Revamp, Steak N Shake Accepts Bitcoin, Galaxy Listed on NASDAQ
CoinDesk
This news covers recent developments in Bitcoin adoption, including a rebranding of Top Win, Steak N Shake starting to accept Bitcoin as payment, and Galaxy's debut on the Nasdaq stock exchange. These events highlight growing acceptance and integration of Bitcoin in various sectors, from retail to financial markets.
#Bitcoin
$BTC
1 day ago
KULR Announces Q1 2025 Performance: Revenue Grows by 40%, Achieves Bitcoin Mining Revenue for the First Time, and Launches Blockchain Supply Chain Project
The Block
KULR Technology announced its Q1 2025 financial report, with revenue increasing by 40% year-on-year to 2.45 million USD, primarily driven by product sales. The company's net loss expanded to 18.81 million USD, mainly due to the market value adjustment of Bitcoin holdings. KULR expanded its Bitcoin assets to 716.20 BTC (approximately 74.40 million USD), with a total cost of 69 million USD and an unrealized gain of 5.40 million USD. The company recognized Bitcoin mining revenue of 250 thousand USD for the first time and launched a blockchain-based supply chain project, utilizing the Ethereum Layer 2 network Base to achieve transparency and security of product data. KULR also secured 6.70 million USD in aerospace technology funding, entered the U.S. robotics market, and partnered with AstroForge to conduct asteroid mining missions. The company's CEO stated that 2025 is a year of transformation, planning to drive growth through Bitcoin assets and business expansion.
#Bitcoin
$BTC
20 hours ago
USDJ officially launches Sunset Plan, aiming for a gradual and orderly exit
TechFlow
According to TechFlow on May 16, official information confirms that USDJ has officially launched the "Sunset Plan," aiming to complete the full market exit transition by August 31, 2025. This decision aligns with the development trends in the DeFi industry, optimizes resource allocation, and gradually shifts the focus to more efficient next-generation stablecoins such as USDD within the TRON ecosystem. Starting from May 16, JustLend DAO will suspend new USDJ deposits and borrowing functions, while existing positions remain unaffected. The platform will also gradually reduce the collateralization ratio of USDJ as appropriate, advising relevant users to monitor and adjust their asset structures promptly to avoid potential liquidation risks. During the transition period, the official team commits to continuously maintaining USDJ liquidity on mainstream DEXs such as SunSwap and providing convenient asset exchange channels for USDD, USDT, and others. The JustStable team stated that they will continue to promote more innovative projects in the TRON DeFi ecosystem in the future, working hand in hand with users to build a more valuable financial future.
#DeFi
$TRX
8 hours ago
A certain whale deposited 1.70 million USDC into HyperLiquid and took a 20x short position on SOL.
TechFlow

According to TechFlow, on May 16, on-chain analyst Onchain Lens (@OnchainLens) monitored that a certain whale deposited 1.70 million USDC into HyperLiquid and opened a short position on SOL with 20x leverage.

#DeFi
$HYPE
$MAG7.SSI
$SOL
7 hours ago
DeFi Development Collaborates with BONK to Jointly Manage Validator Nodes, SOL Holdings Increase to 609,190 Tokens
吴说

DeFi Development Corp. (DFDV) announced a partnership with the memecoin community BONK on Solana to jointly manage validator nodes and plans to integrate BONK's liquid staking token BONKSOL, with both parties sharing node rewards proportionally. Additionally, the company acquired 16,447 SOL tokens, increasing its holdings to 609,190 SOL, with a total value of approximately 107 million USD. (CoinDesk)

#DeFi
$BONK
$MAG7.SSI
$SOL
6 hours ago
Northern Mariana Islands Pass Stablecoin Act; Tinian to Issue First U.S. Public Entity Stablecoin
PANews
The Northern Mariana Islands overturned the governor's veto through the Stablecoin Act. This act allows its island Tinian to issue the stablecoin "Marianas US Dollar (MUSD)" and authorizes the Tinian local government to grant licenses for online casinos. The Tinian government selected the local technology company Marianas Rai Corporation as the exclusive infrastructure provider for MUSD, which will be issued on the eCash blockchain. Governor Arnold Palacios had vetoed the act citing legal and constitutional concerns, but both the Senate and House overrode the veto with more than a two-thirds majority. Supporters believe the act will help attract investment and promote economic development, while opponents worry about gambling-related issues. This act may make Tinian the first U.S. public entity to issue a stablecoin.
#DeFi
$XEC
17 hours ago
Fireblocks: Institutional Trust in Stablecoins Hits a New High, 86% of Institutions Now Equipped with Stablecoin Integration Capabilities
TechFlow

According to TechFlow, on May 16, Cryptoslate reported that Fireblocks revealed institutional adoption of stablecoins has reached an all-time high. The report indicated that 86% of surveyed institutions have established partnerships and systems to support stablecoin integration. Currently, 49% of institutions are actively using stablecoins for payments, 23% are conducting pilots, and 18% are preparing for implementation.

Compared to 2023, adoption barriers have significantly decreased: compliance concerns dropped from 74% to 18%, and regulatory uncertainty fell from 85% to 25%. Cross-border transactions have become the primary demand, with 58% of traditional banks viewing cross-border payments as the foremost use case for stablecoins.

#DeFi
20 hours ago
France Strengthens Security Measures for Cryptocurrency Entrepreneurs Amid Multiple Suspected Kidnapping Incidents
吴说
Wu Shuo has learned that after several cryptocurrency entrepreneurs and their families in France experienced two successful kidnappings and one attempted kidnapping, the French government announced it will provide these individuals and their families with priority emergency reporting channels, on-site security inspections, and safety advice. Additionally, law enforcement personnel will receive anti-money laundering training related to crypto assets. French Minister of the Interior Bruno Retailleau stated that these violent incidents targeting cryptocurrency industry practitioners are suspected to be interconnected. The cases are currently under investigation by prosecutors specializing in organized crime, and multiple suspects have already been arrested.
7 hours ago
XRP Drops 4%, Bitcoin Traders Cautious Around $105,000 Price Resistance
CoinDesk
XRP price dropped by 4%, Bitcoin traders remain cautious about the $105,000 price resistance.
#Bitcoin
$BTC
$MAG7.SSI
$XRP
1 day ago
FTX's bankruptcy assets will pay over 5 billion USD to creditors
CoinDesk
FTX announced that it will pay creditors more than 5 billion USD as part of the preparation for the distribution of bankruptcy assets. This move marks a critical phase in the FTX bankruptcy process, aiming to repay debts through asset allocation.
$FTT
1 day ago
The U.S. Department of Justice Accuses 12 Individuals in $263 Million Cryptocurrency Theft Related to Genesis Creditors
CoinDesk
The U.S. Department of Justice has charged 12 individuals in connection with a $263 million cryptocurrency theft case involving Genesis creditors.
1 day ago
Bitcoin Bulls Face $120 Million Challenge, Striving to Sustain Stair-Step Uptrend
CoinDesk
Bitcoin bulls face a challenge of $120 million as they attempt to continue their "stair-step" upward trend.
#Bitcoin
$BTC
1 day ago
Americas Crypto Market Update: Fintech Companies and Funds Continue Accumulating Bitcoin Despite Temporary Pause in Bullish Activity
CoinDesk
This article introduces the latest developments in the cryptocurrency market in the Americas, focusing on the behavior of fintech companies and funds in the Bitcoin market. Despite a temporary pause in the bullish market, these institutions continue to hold large amounts of Bitcoin, demonstrating confidence in the future market. The article analyzes the background of this phenomenon, the current market situation, and its potential impact.
#Bitcoin
$BTC
1 day ago
Analyst Says Market Overreacted to Coinbase Hack Incident, SEC Investigation Affects COIN Stock Price
CoinDesk
Analysts say the market's reaction to the Coinbase hacking incident is exaggerated, despite the SEC investigation causing COIN's stock price to decline.
1 day ago
Cryptocurrency benchmark agency states that the bearish sentiment on Ethereum has ended, driving ETH price increase
CoinDesk
The bearish sentiment on Ethereum has ended, driving up the price of ETH. The cryptocurrency benchmark publisher pointed out that the shift in market sentiment is the main reason behind the surge in ETH prices.
#Layer1
$ETH
$MAG7.SSI
1 day ago
Wisconsin Sells Entire $350 Million Spot Bitcoin ETF Holdings
CoinDesk
Wisconsin has sold its entire holdings of spot Bitcoin ETF valued at 350 million USD.
#ETF
$BTC
1 day ago
Court Dismisses Ripple and SEC XRP Settlement Application Due to Procedural Defects
CoinDesk
The court rejected Ripple's and the U.S. Securities and Exchange Commission's (SEC) application for settlement regarding XRP, citing "procedural defects."
$MAG7.SSI
$XRP
1 day ago
CoinDesk 20 Index Performance Update: AAVE Leads with a 7.4% Increase
CoinDesk
CoinDesk 20 Index Performance Update: AAVE rose by 7.4%, driving the overall index higher.
#DeFi
$AAVE
1 day ago
CoinDesk analyst suggests that UK cryptocurrency companies establish Bitcoin treasuries
CoinDesk
CoinDesk analysts recommend that UK cryptocurrency companies establish Bitcoin treasuries.
#Bitcoin
$BTC
1 day ago
Film producer David Goyer bets on blockchain technology to create a new sci-fi series
CoinDesk
Filmmaker David Goyer is planning to use blockchain technology for his next science fiction franchise. This move indicates a blend of traditional filmmaking with innovative digital technology, potentially impacting how sci-fi stories are produced and distributed.
1 day ago
Bitcoin Latest Updates: Top Win Brand Revamp, Steak N Shake Accepts Bitcoin, Galaxy Listed on NASDAQ
CoinDesk
This news covers recent developments in Bitcoin adoption, including a rebranding of Top Win, Steak N Shake starting to accept Bitcoin as payment, and Galaxy's debut on the Nasdaq stock exchange. These events highlight growing acceptance and integration of Bitcoin in various sectors, from retail to financial markets.
#Bitcoin
$BTC
1 day ago
KULR Announces Q1 2025 Performance: Revenue Grows by 40%, Achieves Bitcoin Mining Revenue for the First Time, and Launches Blockchain Supply Chain Project
The Block
KULR Technology announced its Q1 2025 financial report, with revenue increasing by 40% year-on-year to 2.45 million USD, primarily driven by product sales. The company's net loss expanded to 18.81 million USD, mainly due to the market value adjustment of Bitcoin holdings. KULR expanded its Bitcoin assets to 716.20 BTC (approximately 74.40 million USD), with a total cost of 69 million USD and an unrealized gain of 5.40 million USD. The company recognized Bitcoin mining revenue of 250 thousand USD for the first time and launched a blockchain-based supply chain project, utilizing the Ethereum Layer 2 network Base to achieve transparency and security of product data. KULR also secured 6.70 million USD in aerospace technology funding, entered the U.S. robotics market, and partnered with AstroForge to conduct asteroid mining missions. The company's CEO stated that 2025 is a year of transformation, planning to drive growth through Bitcoin assets and business expansion.
#Bitcoin
$BTC
20 hours ago
USDJ officially launches Sunset Plan, aiming for a gradual and orderly exit
TechFlow
According to TechFlow on May 16, official information confirms that USDJ has officially launched the "Sunset Plan," aiming to complete the full market exit transition by August 31, 2025. This decision aligns with the development trends in the DeFi industry, optimizes resource allocation, and gradually shifts the focus to more efficient next-generation stablecoins such as USDD within the TRON ecosystem. Starting from May 16, JustLend DAO will suspend new USDJ deposits and borrowing functions, while existing positions remain unaffected. The platform will also gradually reduce the collateralization ratio of USDJ as appropriate, advising relevant users to monitor and adjust their asset structures promptly to avoid potential liquidation risks. During the transition period, the official team commits to continuously maintaining USDJ liquidity on mainstream DEXs such as SunSwap and providing convenient asset exchange channels for USDD, USDT, and others. The JustStable team stated that they will continue to promote more innovative projects in the TRON DeFi ecosystem in the future, working hand in hand with users to build a more valuable financial future.
#DeFi
$TRX
8 hours ago
A certain whale deposited 1.70 million USDC into HyperLiquid and took a 20x short position on SOL.
TechFlow

According to TechFlow, on May 16, on-chain analyst Onchain Lens (@OnchainLens) monitored that a certain whale deposited 1.70 million USDC into HyperLiquid and opened a short position on SOL with 20x leverage.

#DeFi
$HYPE
$MAG7.SSI
$SOL
7 hours ago
DeFi Development Collaborates with BONK to Jointly Manage Validator Nodes, SOL Holdings Increase to 609,190 Tokens
吴说

DeFi Development Corp. (DFDV) announced a partnership with the memecoin community BONK on Solana to jointly manage validator nodes and plans to integrate BONK's liquid staking token BONKSOL, with both parties sharing node rewards proportionally. Additionally, the company acquired 16,447 SOL tokens, increasing its holdings to 609,190 SOL, with a total value of approximately 107 million USD. (CoinDesk)

#DeFi
$BONK
$MAG7.SSI
$SOL
6 hours ago
Northern Mariana Islands Pass Stablecoin Act; Tinian to Issue First U.S. Public Entity Stablecoin
PANews
The Northern Mariana Islands overturned the governor's veto through the Stablecoin Act. This act allows its island Tinian to issue the stablecoin "Marianas US Dollar (MUSD)" and authorizes the Tinian local government to grant licenses for online casinos. The Tinian government selected the local technology company Marianas Rai Corporation as the exclusive infrastructure provider for MUSD, which will be issued on the eCash blockchain. Governor Arnold Palacios had vetoed the act citing legal and constitutional concerns, but both the Senate and House overrode the veto with more than a two-thirds majority. Supporters believe the act will help attract investment and promote economic development, while opponents worry about gambling-related issues. This act may make Tinian the first U.S. public entity to issue a stablecoin.
#DeFi
$XEC
17 hours ago
Fireblocks: Institutional Trust in Stablecoins Hits a New High, 86% of Institutions Now Equipped with Stablecoin Integration Capabilities
TechFlow

According to TechFlow, on May 16, Cryptoslate reported that Fireblocks revealed institutional adoption of stablecoins has reached an all-time high. The report indicated that 86% of surveyed institutions have established partnerships and systems to support stablecoin integration. Currently, 49% of institutions are actively using stablecoins for payments, 23% are conducting pilots, and 18% are preparing for implementation.

Compared to 2023, adoption barriers have significantly decreased: compliance concerns dropped from 74% to 18%, and regulatory uncertainty fell from 85% to 25%. Cross-border transactions have become the primary demand, with 58% of traditional banks viewing cross-border payments as the foremost use case for stablecoins.

#DeFi
20 hours ago
France Strengthens Security Measures for Cryptocurrency Entrepreneurs Amid Multiple Suspected Kidnapping Incidents
吴说
Wu Shuo has learned that after several cryptocurrency entrepreneurs and their families in France experienced two successful kidnappings and one attempted kidnapping, the French government announced it will provide these individuals and their families with priority emergency reporting channels, on-site security inspections, and safety advice. Additionally, law enforcement personnel will receive anti-money laundering training related to crypto assets. French Minister of the Interior Bruno Retailleau stated that these violent incidents targeting cryptocurrency industry practitioners are suspected to be interconnected. The cases are currently under investigation by prosecutors specializing in organized crime, and multiple suspects have already been arrested.
7 hours ago
XRP Drops 4%, Bitcoin Traders Cautious Around $105,000 Price Resistance
CoinDesk
XRP price dropped by 4%, Bitcoin traders remain cautious about the $105,000 price resistance.
#Bitcoin
$BTC
$MAG7.SSI
$XRP
1 day ago
FTX's bankruptcy assets will pay over 5 billion USD to creditors
CoinDesk
FTX announced that it will pay creditors more than 5 billion USD as part of the preparation for the distribution of bankruptcy assets. This move marks a critical phase in the FTX bankruptcy process, aiming to repay debts through asset allocation.
$FTT
1 day ago
The U.S. Department of Justice Accuses 12 Individuals in $263 Million Cryptocurrency Theft Related to Genesis Creditors
CoinDesk
The U.S. Department of Justice has charged 12 individuals in connection with a $263 million cryptocurrency theft case involving Genesis creditors.
1 day ago
Bitcoin Bulls Face $120 Million Challenge, Striving to Sustain Stair-Step Uptrend
CoinDesk
Bitcoin bulls face a challenge of $120 million as they attempt to continue their "stair-step" upward trend.
#Bitcoin
$BTC
1 day ago
Americas Crypto Market Update: Fintech Companies and Funds Continue Accumulating Bitcoin Despite Temporary Pause in Bullish Activity
CoinDesk
This article introduces the latest developments in the cryptocurrency market in the Americas, focusing on the behavior of fintech companies and funds in the Bitcoin market. Despite a temporary pause in the bullish market, these institutions continue to hold large amounts of Bitcoin, demonstrating confidence in the future market. The article analyzes the background of this phenomenon, the current market situation, and its potential impact.
#Bitcoin
$BTC
1 day ago
Analyst Says Market Overreacted to Coinbase Hack Incident, SEC Investigation Affects COIN Stock Price
CoinDesk
Analysts say the market's reaction to the Coinbase hacking incident is exaggerated, despite the SEC investigation causing COIN's stock price to decline.
1 day ago
Cryptocurrency benchmark agency states that the bearish sentiment on Ethereum has ended, driving ETH price increase
CoinDesk
The bearish sentiment on Ethereum has ended, driving up the price of ETH. The cryptocurrency benchmark publisher pointed out that the shift in market sentiment is the main reason behind the surge in ETH prices.
#Layer1
$ETH
$MAG7.SSI
1 day ago
Wisconsin Sells Entire $350 Million Spot Bitcoin ETF Holdings
CoinDesk
Wisconsin has sold its entire holdings of spot Bitcoin ETF valued at 350 million USD.
#ETF
$BTC
1 day ago
Court Dismisses Ripple and SEC XRP Settlement Application Due to Procedural Defects
CoinDesk
The court rejected Ripple's and the U.S. Securities and Exchange Commission's (SEC) application for settlement regarding XRP, citing "procedural defects."
$MAG7.SSI
$XRP
1 day ago
CoinDesk 20 Index Performance Update: AAVE Leads with a 7.4% Increase
CoinDesk
CoinDesk 20 Index Performance Update: AAVE rose by 7.4%, driving the overall index higher.
#DeFi
$AAVE
1 day ago
CoinDesk analyst suggests that UK cryptocurrency companies establish Bitcoin treasuries
CoinDesk
CoinDesk analysts recommend that UK cryptocurrency companies establish Bitcoin treasuries.
#Bitcoin
$BTC
1 day ago
Film producer David Goyer bets on blockchain technology to create a new sci-fi series
CoinDesk
Filmmaker David Goyer is planning to use blockchain technology for his next science fiction franchise. This move indicates a blend of traditional filmmaking with innovative digital technology, potentially impacting how sci-fi stories are produced and distributed.
1 day ago
Bitcoin Latest Updates: Top Win Brand Revamp, Steak N Shake Accepts Bitcoin, Galaxy Listed on NASDAQ
CoinDesk
This news covers recent developments in Bitcoin adoption, including a rebranding of Top Win, Steak N Shake starting to accept Bitcoin as payment, and Galaxy's debut on the Nasdaq stock exchange. These events highlight growing acceptance and integration of Bitcoin in various sectors, from retail to financial markets.
#Bitcoin
$BTC
1 day ago
KULR Announces Q1 2025 Performance: Revenue Grows by 40%, Achieves Bitcoin Mining Revenue for the First Time, and Launches Blockchain Supply Chain Project
The Block
KULR Technology announced its Q1 2025 financial report, with revenue increasing by 40% year-on-year to 2.45 million USD, primarily driven by product sales. The company's net loss expanded to 18.81 million USD, mainly due to the market value adjustment of Bitcoin holdings. KULR expanded its Bitcoin assets to 716.20 BTC (approximately 74.40 million USD), with a total cost of 69 million USD and an unrealized gain of 5.40 million USD. The company recognized Bitcoin mining revenue of 250 thousand USD for the first time and launched a blockchain-based supply chain project, utilizing the Ethereum Layer 2 network Base to achieve transparency and security of product data. KULR also secured 6.70 million USD in aerospace technology funding, entered the U.S. robotics market, and partnered with AstroForge to conduct asteroid mining missions. The company's CEO stated that 2025 is a year of transformation, planning to drive growth through Bitcoin assets and business expansion.
#Bitcoin
$BTC
20 hours ago
USDJ officially launches Sunset Plan, aiming for a gradual and orderly exit
TechFlow
According to TechFlow on May 16, official information confirms that USDJ has officially launched the "Sunset Plan," aiming to complete the full market exit transition by August 31, 2025. This decision aligns with the development trends in the DeFi industry, optimizes resource allocation, and gradually shifts the focus to more efficient next-generation stablecoins such as USDD within the TRON ecosystem. Starting from May 16, JustLend DAO will suspend new USDJ deposits and borrowing functions, while existing positions remain unaffected. The platform will also gradually reduce the collateralization ratio of USDJ as appropriate, advising relevant users to monitor and adjust their asset structures promptly to avoid potential liquidation risks. During the transition period, the official team commits to continuously maintaining USDJ liquidity on mainstream DEXs such as SunSwap and providing convenient asset exchange channels for USDD, USDT, and others. The JustStable team stated that they will continue to promote more innovative projects in the TRON DeFi ecosystem in the future, working hand in hand with users to build a more valuable financial future.
#DeFi
$TRX
8 hours ago
A certain whale deposited 1.70 million USDC into HyperLiquid and took a 20x short position on SOL.
TechFlow

According to TechFlow, on May 16, on-chain analyst Onchain Lens (@OnchainLens) monitored that a certain whale deposited 1.70 million USDC into HyperLiquid and opened a short position on SOL with 20x leverage.

#DeFi
$HYPE
$MAG7.SSI
$SOL
7 hours ago
DeFi Development Collaborates with BONK to Jointly Manage Validator Nodes, SOL Holdings Increase to 609,190 Tokens
吴说

DeFi Development Corp. (DFDV) announced a partnership with the memecoin community BONK on Solana to jointly manage validator nodes and plans to integrate BONK's liquid staking token BONKSOL, with both parties sharing node rewards proportionally. Additionally, the company acquired 16,447 SOL tokens, increasing its holdings to 609,190 SOL, with a total value of approximately 107 million USD. (CoinDesk)

#DeFi
$BONK
$MAG7.SSI
$SOL
6 hours ago
Northern Mariana Islands Pass Stablecoin Act; Tinian to Issue First U.S. Public Entity Stablecoin
PANews
The Northern Mariana Islands overturned the governor's veto through the Stablecoin Act. This act allows its island Tinian to issue the stablecoin "Marianas US Dollar (MUSD)" and authorizes the Tinian local government to grant licenses for online casinos. The Tinian government selected the local technology company Marianas Rai Corporation as the exclusive infrastructure provider for MUSD, which will be issued on the eCash blockchain. Governor Arnold Palacios had vetoed the act citing legal and constitutional concerns, but both the Senate and House overrode the veto with more than a two-thirds majority. Supporters believe the act will help attract investment and promote economic development, while opponents worry about gambling-related issues. This act may make Tinian the first U.S. public entity to issue a stablecoin.
#DeFi
$XEC
17 hours ago
Fireblocks: Institutional Trust in Stablecoins Hits a New High, 86% of Institutions Now Equipped with Stablecoin Integration Capabilities
TechFlow

According to TechFlow, on May 16, Cryptoslate reported that Fireblocks revealed institutional adoption of stablecoins has reached an all-time high. The report indicated that 86% of surveyed institutions have established partnerships and systems to support stablecoin integration. Currently, 49% of institutions are actively using stablecoins for payments, 23% are conducting pilots, and 18% are preparing for implementation.

Compared to 2023, adoption barriers have significantly decreased: compliance concerns dropped from 74% to 18%, and regulatory uncertainty fell from 85% to 25%. Cross-border transactions have become the primary demand, with 58% of traditional banks viewing cross-border payments as the foremost use case for stablecoins.

#DeFi
20 hours ago
France Strengthens Security Measures for Cryptocurrency Entrepreneurs Amid Multiple Suspected Kidnapping Incidents
吴说
Wu Shuo has learned that after several cryptocurrency entrepreneurs and their families in France experienced two successful kidnappings and one attempted kidnapping, the French government announced it will provide these individuals and their families with priority emergency reporting channels, on-site security inspections, and safety advice. Additionally, law enforcement personnel will receive anti-money laundering training related to crypto assets. French Minister of the Interior Bruno Retailleau stated that these violent incidents targeting cryptocurrency industry practitioners are suspected to be interconnected. The cases are currently under investigation by prosecutors specializing in organized crime, and multiple suspects have already been arrested.
7 hours ago
XRP Drops 4%, Bitcoin Traders Cautious Around $105,000 Price Resistance
CoinDesk
XRP price dropped by 4%, Bitcoin traders remain cautious about the $105,000 price resistance.
#Bitcoin
$BTC
$MAG7.SSI
$XRP
1 day ago
FTX's bankruptcy assets will pay over 5 billion USD to creditors
CoinDesk
FTX announced that it will pay creditors more than 5 billion USD as part of the preparation for the distribution of bankruptcy assets. This move marks a critical phase in the FTX bankruptcy process, aiming to repay debts through asset allocation.
$FTT
1 day ago
The U.S. Department of Justice Accuses 12 Individuals in $263 Million Cryptocurrency Theft Related to Genesis Creditors
CoinDesk
The U.S. Department of Justice has charged 12 individuals in connection with a $263 million cryptocurrency theft case involving Genesis creditors.
1 day ago
Bitcoin Bulls Face $120 Million Challenge, Striving to Sustain Stair-Step Uptrend
CoinDesk
Bitcoin bulls face a challenge of $120 million as they attempt to continue their "stair-step" upward trend.
#Bitcoin
$BTC
1 day ago
Americas Crypto Market Update: Fintech Companies and Funds Continue Accumulating Bitcoin Despite Temporary Pause in Bullish Activity
CoinDesk
This article introduces the latest developments in the cryptocurrency market in the Americas, focusing on the behavior of fintech companies and funds in the Bitcoin market. Despite a temporary pause in the bullish market, these institutions continue to hold large amounts of Bitcoin, demonstrating confidence in the future market. The article analyzes the background of this phenomenon, the current market situation, and its potential impact.
#Bitcoin
$BTC
1 day ago
Analyst Says Market Overreacted to Coinbase Hack Incident, SEC Investigation Affects COIN Stock Price
CoinDesk
Analysts say the market's reaction to the Coinbase hacking incident is exaggerated, despite the SEC investigation causing COIN's stock price to decline.
1 day ago
Cryptocurrency benchmark agency states that the bearish sentiment on Ethereum has ended, driving ETH price increase
CoinDesk
The bearish sentiment on Ethereum has ended, driving up the price of ETH. The cryptocurrency benchmark publisher pointed out that the shift in market sentiment is the main reason behind the surge in ETH prices.
#Layer1
$ETH
$MAG7.SSI
1 day ago
Wisconsin Sells Entire $350 Million Spot Bitcoin ETF Holdings
CoinDesk
Wisconsin has sold its entire holdings of spot Bitcoin ETF valued at 350 million USD.
#ETF
$BTC
1 day ago
Court Dismisses Ripple and SEC XRP Settlement Application Due to Procedural Defects
CoinDesk
The court rejected Ripple's and the U.S. Securities and Exchange Commission's (SEC) application for settlement regarding XRP, citing "procedural defects."
$MAG7.SSI
$XRP
1 day ago
CoinDesk 20 Index Performance Update: AAVE Leads with a 7.4% Increase
CoinDesk
CoinDesk 20 Index Performance Update: AAVE rose by 7.4%, driving the overall index higher.
#DeFi
$AAVE
1 day ago
CoinDesk analyst suggests that UK cryptocurrency companies establish Bitcoin treasuries
CoinDesk
CoinDesk analysts recommend that UK cryptocurrency companies establish Bitcoin treasuries.
#Bitcoin
$BTC
1 day ago
Film producer David Goyer bets on blockchain technology to create a new sci-fi series
CoinDesk
Filmmaker David Goyer is planning to use blockchain technology for his next science fiction franchise. This move indicates a blend of traditional filmmaking with innovative digital technology, potentially impacting how sci-fi stories are produced and distributed.
1 day ago
Bitcoin Latest Updates: Top Win Brand Revamp, Steak N Shake Accepts Bitcoin, Galaxy Listed on NASDAQ
CoinDesk
This news covers recent developments in Bitcoin adoption, including a rebranding of Top Win, Steak N Shake starting to accept Bitcoin as payment, and Galaxy's debut on the Nasdaq stock exchange. These events highlight growing acceptance and integration of Bitcoin in various sectors, from retail to financial markets.
#Bitcoin
$BTC
1 day ago
KULR Announces Q1 2025 Performance: Revenue Grows by 40%, Achieves Bitcoin Mining Revenue for the First Time, and Launches Blockchain Supply Chain Project
The Block
KULR Technology announced its Q1 2025 financial report, with revenue increasing by 40% year-on-year to 2.45 million USD, primarily driven by product sales. The company's net loss expanded to 18.81 million USD, mainly due to the market value adjustment of Bitcoin holdings. KULR expanded its Bitcoin assets to 716.20 BTC (approximately 74.40 million USD), with a total cost of 69 million USD and an unrealized gain of 5.40 million USD. The company recognized Bitcoin mining revenue of 250 thousand USD for the first time and launched a blockchain-based supply chain project, utilizing the Ethereum Layer 2 network Base to achieve transparency and security of product data. KULR also secured 6.70 million USD in aerospace technology funding, entered the U.S. robotics market, and partnered with AstroForge to conduct asteroid mining missions. The company's CEO stated that 2025 is a year of transformation, planning to drive growth through Bitcoin assets and business expansion.
#Bitcoin
$BTC
20 hours ago
USDJ officially launches Sunset Plan, aiming for a gradual and orderly exit
TechFlow
According to TechFlow on May 16, official information confirms that USDJ has officially launched the "Sunset Plan," aiming to complete the full market exit transition by August 31, 2025. This decision aligns with the development trends in the DeFi industry, optimizes resource allocation, and gradually shifts the focus to more efficient next-generation stablecoins such as USDD within the TRON ecosystem. Starting from May 16, JustLend DAO will suspend new USDJ deposits and borrowing functions, while existing positions remain unaffected. The platform will also gradually reduce the collateralization ratio of USDJ as appropriate, advising relevant users to monitor and adjust their asset structures promptly to avoid potential liquidation risks. During the transition period, the official team commits to continuously maintaining USDJ liquidity on mainstream DEXs such as SunSwap and providing convenient asset exchange channels for USDD, USDT, and others. The JustStable team stated that they will continue to promote more innovative projects in the TRON DeFi ecosystem in the future, working hand in hand with users to build a more valuable financial future.
#DeFi
$TRX
8 hours ago
A certain whale deposited 1.70 million USDC into HyperLiquid and took a 20x short position on SOL.
TechFlow

According to TechFlow, on May 16, on-chain analyst Onchain Lens (@OnchainLens) monitored that a certain whale deposited 1.70 million USDC into HyperLiquid and opened a short position on SOL with 20x leverage.

#DeFi
$HYPE
$MAG7.SSI
$SOL
7 hours ago
DeFi Development Collaborates with BONK to Jointly Manage Validator Nodes, SOL Holdings Increase to 609,190 Tokens
吴说

DeFi Development Corp. (DFDV) announced a partnership with the memecoin community BONK on Solana to jointly manage validator nodes and plans to integrate BONK's liquid staking token BONKSOL, with both parties sharing node rewards proportionally. Additionally, the company acquired 16,447 SOL tokens, increasing its holdings to 609,190 SOL, with a total value of approximately 107 million USD. (CoinDesk)

#DeFi
$BONK
$MAG7.SSI
$SOL
6 hours ago
Northern Mariana Islands Pass Stablecoin Act; Tinian to Issue First U.S. Public Entity Stablecoin
PANews
The Northern Mariana Islands overturned the governor's veto through the Stablecoin Act. This act allows its island Tinian to issue the stablecoin "Marianas US Dollar (MUSD)" and authorizes the Tinian local government to grant licenses for online casinos. The Tinian government selected the local technology company Marianas Rai Corporation as the exclusive infrastructure provider for MUSD, which will be issued on the eCash blockchain. Governor Arnold Palacios had vetoed the act citing legal and constitutional concerns, but both the Senate and House overrode the veto with more than a two-thirds majority. Supporters believe the act will help attract investment and promote economic development, while opponents worry about gambling-related issues. This act may make Tinian the first U.S. public entity to issue a stablecoin.
#DeFi
$XEC
17 hours ago
Fireblocks: Institutional Trust in Stablecoins Hits a New High, 86% of Institutions Now Equipped with Stablecoin Integration Capabilities
TechFlow

According to TechFlow, on May 16, Cryptoslate reported that Fireblocks revealed institutional adoption of stablecoins has reached an all-time high. The report indicated that 86% of surveyed institutions have established partnerships and systems to support stablecoin integration. Currently, 49% of institutions are actively using stablecoins for payments, 23% are conducting pilots, and 18% are preparing for implementation.

Compared to 2023, adoption barriers have significantly decreased: compliance concerns dropped from 74% to 18%, and regulatory uncertainty fell from 85% to 25%. Cross-border transactions have become the primary demand, with 58% of traditional banks viewing cross-border payments as the foremost use case for stablecoins.

#DeFi
20 hours ago
France Strengthens Security Measures for Cryptocurrency Entrepreneurs Amid Multiple Suspected Kidnapping Incidents
吴说
Wu Shuo has learned that after several cryptocurrency entrepreneurs and their families in France experienced two successful kidnappings and one attempted kidnapping, the French government announced it will provide these individuals and their families with priority emergency reporting channels, on-site security inspections, and safety advice. Additionally, law enforcement personnel will receive anti-money laundering training related to crypto assets. French Minister of the Interior Bruno Retailleau stated that these violent incidents targeting cryptocurrency industry practitioners are suspected to be interconnected. The cases are currently under investigation by prosecutors specializing in organized crime, and multiple suspects have already been arrested.
7 hours ago
XRP Drops 4%, Bitcoin Traders Cautious Around $105,000 Price Resistance
CoinDesk
XRP price dropped by 4%, Bitcoin traders remain cautious about the $105,000 price resistance.
#Bitcoin
$BTC
$MAG7.SSI
$XRP
1 day ago
FTX's bankruptcy assets will pay over 5 billion USD to creditors
CoinDesk
FTX announced that it will pay creditors more than 5 billion USD as part of the preparation for the distribution of bankruptcy assets. This move marks a critical phase in the FTX bankruptcy process, aiming to repay debts through asset allocation.
$FTT
1 day ago
The U.S. Department of Justice Accuses 12 Individuals in $263 Million Cryptocurrency Theft Related to Genesis Creditors
CoinDesk
The U.S. Department of Justice has charged 12 individuals in connection with a $263 million cryptocurrency theft case involving Genesis creditors.
1 day ago
Bitcoin Bulls Face $120 Million Challenge, Striving to Sustain Stair-Step Uptrend
CoinDesk
Bitcoin bulls face a challenge of $120 million as they attempt to continue their "stair-step" upward trend.
#Bitcoin
$BTC
1 day ago
Americas Crypto Market Update: Fintech Companies and Funds Continue Accumulating Bitcoin Despite Temporary Pause in Bullish Activity
CoinDesk
This article introduces the latest developments in the cryptocurrency market in the Americas, focusing on the behavior of fintech companies and funds in the Bitcoin market. Despite a temporary pause in the bullish market, these institutions continue to hold large amounts of Bitcoin, demonstrating confidence in the future market. The article analyzes the background of this phenomenon, the current market situation, and its potential impact.
#Bitcoin
$BTC
1 day ago
Analyst Says Market Overreacted to Coinbase Hack Incident, SEC Investigation Affects COIN Stock Price
CoinDesk
Analysts say the market's reaction to the Coinbase hacking incident is exaggerated, despite the SEC investigation causing COIN's stock price to decline.
1 day ago
Cryptocurrency benchmark agency states that the bearish sentiment on Ethereum has ended, driving ETH price increase
CoinDesk
The bearish sentiment on Ethereum has ended, driving up the price of ETH. The cryptocurrency benchmark publisher pointed out that the shift in market sentiment is the main reason behind the surge in ETH prices.
#Layer1
$ETH
$MAG7.SSI
1 day ago
Wisconsin Sells Entire $350 Million Spot Bitcoin ETF Holdings
CoinDesk
Wisconsin has sold its entire holdings of spot Bitcoin ETF valued at 350 million USD.
#ETF
$BTC
1 day ago
Court Dismisses Ripple and SEC XRP Settlement Application Due to Procedural Defects
CoinDesk
The court rejected Ripple's and the U.S. Securities and Exchange Commission's (SEC) application for settlement regarding XRP, citing "procedural defects."
$MAG7.SSI
$XRP
1 day ago
CoinDesk 20 Index Performance Update: AAVE Leads with a 7.4% Increase
CoinDesk
CoinDesk 20 Index Performance Update: AAVE rose by 7.4%, driving the overall index higher.
#DeFi
$AAVE
1 day ago
CoinDesk analyst suggests that UK cryptocurrency companies establish Bitcoin treasuries
CoinDesk
CoinDesk analysts recommend that UK cryptocurrency companies establish Bitcoin treasuries.
#Bitcoin
$BTC
1 day ago
Film producer David Goyer bets on blockchain technology to create a new sci-fi series
CoinDesk
Filmmaker David Goyer is planning to use blockchain technology for his next science fiction franchise. This move indicates a blend of traditional filmmaking with innovative digital technology, potentially impacting how sci-fi stories are produced and distributed.
1 day ago
Bitcoin Latest Updates: Top Win Brand Revamp, Steak N Shake Accepts Bitcoin, Galaxy Listed on NASDAQ
CoinDesk
This news covers recent developments in Bitcoin adoption, including a rebranding of Top Win, Steak N Shake starting to accept Bitcoin as payment, and Galaxy's debut on the Nasdaq stock exchange. These events highlight growing acceptance and integration of Bitcoin in various sectors, from retail to financial markets.
#Bitcoin
$BTC
1 day ago
KULR Announces Q1 2025 Performance: Revenue Grows by 40%, Achieves Bitcoin Mining Revenue for the First Time, and Launches Blockchain Supply Chain Project
The Block
KULR Technology announced its Q1 2025 financial report, with revenue increasing by 40% year-on-year to 2.45 million USD, primarily driven by product sales. The company's net loss expanded to 18.81 million USD, mainly due to the market value adjustment of Bitcoin holdings. KULR expanded its Bitcoin assets to 716.20 BTC (approximately 74.40 million USD), with a total cost of 69 million USD and an unrealized gain of 5.40 million USD. The company recognized Bitcoin mining revenue of 250 thousand USD for the first time and launched a blockchain-based supply chain project, utilizing the Ethereum Layer 2 network Base to achieve transparency and security of product data. KULR also secured 6.70 million USD in aerospace technology funding, entered the U.S. robotics market, and partnered with AstroForge to conduct asteroid mining missions. The company's CEO stated that 2025 is a year of transformation, planning to drive growth through Bitcoin assets and business expansion.
#Bitcoin
$BTC
20 hours ago
USDJ officially launches Sunset Plan, aiming for a gradual and orderly exit
TechFlow
According to TechFlow on May 16, official information confirms that USDJ has officially launched the "Sunset Plan," aiming to complete the full market exit transition by August 31, 2025. This decision aligns with the development trends in the DeFi industry, optimizes resource allocation, and gradually shifts the focus to more efficient next-generation stablecoins such as USDD within the TRON ecosystem. Starting from May 16, JustLend DAO will suspend new USDJ deposits and borrowing functions, while existing positions remain unaffected. The platform will also gradually reduce the collateralization ratio of USDJ as appropriate, advising relevant users to monitor and adjust their asset structures promptly to avoid potential liquidation risks. During the transition period, the official team commits to continuously maintaining USDJ liquidity on mainstream DEXs such as SunSwap and providing convenient asset exchange channels for USDD, USDT, and others. The JustStable team stated that they will continue to promote more innovative projects in the TRON DeFi ecosystem in the future, working hand in hand with users to build a more valuable financial future.
#DeFi
$TRX
8 hours ago
A certain whale deposited 1.70 million USDC into HyperLiquid and took a 20x short position on SOL.
TechFlow

According to TechFlow, on May 16, on-chain analyst Onchain Lens (@OnchainLens) monitored that a certain whale deposited 1.70 million USDC into HyperLiquid and opened a short position on SOL with 20x leverage.

#DeFi
$HYPE
$MAG7.SSI
$SOL
7 hours ago
DeFi Development Collaborates with BONK to Jointly Manage Validator Nodes, SOL Holdings Increase to 609,190 Tokens
吴说

DeFi Development Corp. (DFDV) announced a partnership with the memecoin community BONK on Solana to jointly manage validator nodes and plans to integrate BONK's liquid staking token BONKSOL, with both parties sharing node rewards proportionally. Additionally, the company acquired 16,447 SOL tokens, increasing its holdings to 609,190 SOL, with a total value of approximately 107 million USD. (CoinDesk)

#DeFi
$BONK
$MAG7.SSI
$SOL
6 hours ago
Northern Mariana Islands Pass Stablecoin Act; Tinian to Issue First U.S. Public Entity Stablecoin
PANews
The Northern Mariana Islands overturned the governor's veto through the Stablecoin Act. This act allows its island Tinian to issue the stablecoin "Marianas US Dollar (MUSD)" and authorizes the Tinian local government to grant licenses for online casinos. The Tinian government selected the local technology company Marianas Rai Corporation as the exclusive infrastructure provider for MUSD, which will be issued on the eCash blockchain. Governor Arnold Palacios had vetoed the act citing legal and constitutional concerns, but both the Senate and House overrode the veto with more than a two-thirds majority. Supporters believe the act will help attract investment and promote economic development, while opponents worry about gambling-related issues. This act may make Tinian the first U.S. public entity to issue a stablecoin.
#DeFi
$XEC
17 hours ago
Fireblocks: Institutional Trust in Stablecoins Hits a New High, 86% of Institutions Now Equipped with Stablecoin Integration Capabilities
TechFlow

According to TechFlow, on May 16, Cryptoslate reported that Fireblocks revealed institutional adoption of stablecoins has reached an all-time high. The report indicated that 86% of surveyed institutions have established partnerships and systems to support stablecoin integration. Currently, 49% of institutions are actively using stablecoins for payments, 23% are conducting pilots, and 18% are preparing for implementation.

Compared to 2023, adoption barriers have significantly decreased: compliance concerns dropped from 74% to 18%, and regulatory uncertainty fell from 85% to 25%. Cross-border transactions have become the primary demand, with 58% of traditional banks viewing cross-border payments as the foremost use case for stablecoins.

#DeFi
20 hours ago
France Strengthens Security Measures for Cryptocurrency Entrepreneurs Amid Multiple Suspected Kidnapping Incidents
吴说
Wu Shuo has learned that after several cryptocurrency entrepreneurs and their families in France experienced two successful kidnappings and one attempted kidnapping, the French government announced it will provide these individuals and their families with priority emergency reporting channels, on-site security inspections, and safety advice. Additionally, law enforcement personnel will receive anti-money laundering training related to crypto assets. French Minister of the Interior Bruno Retailleau stated that these violent incidents targeting cryptocurrency industry practitioners are suspected to be interconnected. The cases are currently under investigation by prosecutors specializing in organized crime, and multiple suspects have already been arrested.
7 hours ago
XRP Drops 4%, Bitcoin Traders Cautious Around $105,000 Price Resistance
CoinDesk
XRP price dropped by 4%, Bitcoin traders remain cautious about the $105,000 price resistance.
#Bitcoin
$BTC
$MAG7.SSI
$XRP
1 day ago
FTX's bankruptcy assets will pay over 5 billion USD to creditors
CoinDesk
FTX announced that it will pay creditors more than 5 billion USD as part of the preparation for the distribution of bankruptcy assets. This move marks a critical phase in the FTX bankruptcy process, aiming to repay debts through asset allocation.
$FTT
1 day ago
The U.S. Department of Justice Accuses 12 Individuals in $263 Million Cryptocurrency Theft Related to Genesis Creditors
CoinDesk
The U.S. Department of Justice has charged 12 individuals in connection with a $263 million cryptocurrency theft case involving Genesis creditors.
1 day ago
Bitcoin Bulls Face $120 Million Challenge, Striving to Sustain Stair-Step Uptrend
CoinDesk
Bitcoin bulls face a challenge of $120 million as they attempt to continue their "stair-step" upward trend.
#Bitcoin
$BTC
1 day ago
Americas Crypto Market Update: Fintech Companies and Funds Continue Accumulating Bitcoin Despite Temporary Pause in Bullish Activity
CoinDesk
This article introduces the latest developments in the cryptocurrency market in the Americas, focusing on the behavior of fintech companies and funds in the Bitcoin market. Despite a temporary pause in the bullish market, these institutions continue to hold large amounts of Bitcoin, demonstrating confidence in the future market. The article analyzes the background of this phenomenon, the current market situation, and its potential impact.
#Bitcoin
$BTC
1 day ago
Analyst Says Market Overreacted to Coinbase Hack Incident, SEC Investigation Affects COIN Stock Price
CoinDesk
Analysts say the market's reaction to the Coinbase hacking incident is exaggerated, despite the SEC investigation causing COIN's stock price to decline.
1 day ago
Cryptocurrency benchmark agency states that the bearish sentiment on Ethereum has ended, driving ETH price increase
CoinDesk
The bearish sentiment on Ethereum has ended, driving up the price of ETH. The cryptocurrency benchmark publisher pointed out that the shift in market sentiment is the main reason behind the surge in ETH prices.
#Layer1
$ETH
$MAG7.SSI
1 day ago
Wisconsin Sells Entire $350 Million Spot Bitcoin ETF Holdings
CoinDesk
Wisconsin has sold its entire holdings of spot Bitcoin ETF valued at 350 million USD.
#ETF
$BTC
1 day ago
Court Dismisses Ripple and SEC XRP Settlement Application Due to Procedural Defects
CoinDesk
The court rejected Ripple's and the U.S. Securities and Exchange Commission's (SEC) application for settlement regarding XRP, citing "procedural defects."
$MAG7.SSI
$XRP
1 day ago
CoinDesk 20 Index Performance Update: AAVE Leads with a 7.4% Increase
CoinDesk
CoinDesk 20 Index Performance Update: AAVE rose by 7.4%, driving the overall index higher.
#DeFi
$AAVE
1 day ago
CoinDesk analyst suggests that UK cryptocurrency companies establish Bitcoin treasuries
CoinDesk
CoinDesk analysts recommend that UK cryptocurrency companies establish Bitcoin treasuries.
#Bitcoin
$BTC
1 day ago
Film producer David Goyer bets on blockchain technology to create a new sci-fi series
CoinDesk
Filmmaker David Goyer is planning to use blockchain technology for his next science fiction franchise. This move indicates a blend of traditional filmmaking with innovative digital technology, potentially impacting how sci-fi stories are produced and distributed.
1 day ago
Bitcoin Latest Updates: Top Win Brand Revamp, Steak N Shake Accepts Bitcoin, Galaxy Listed on NASDAQ
CoinDesk
This news covers recent developments in Bitcoin adoption, including a rebranding of Top Win, Steak N Shake starting to accept Bitcoin as payment, and Galaxy's debut on the Nasdaq stock exchange. These events highlight growing acceptance and integration of Bitcoin in various sectors, from retail to financial markets.
#Bitcoin
$BTC
1 day ago
KULR Announces Q1 2025 Performance: Revenue Grows by 40%, Achieves Bitcoin Mining Revenue for the First Time, and Launches Blockchain Supply Chain Project
The Block
KULR Technology announced its Q1 2025 financial report, with revenue increasing by 40% year-on-year to 2.45 million USD, primarily driven by product sales. The company's net loss expanded to 18.81 million USD, mainly due to the market value adjustment of Bitcoin holdings. KULR expanded its Bitcoin assets to 716.20 BTC (approximately 74.40 million USD), with a total cost of 69 million USD and an unrealized gain of 5.40 million USD. The company recognized Bitcoin mining revenue of 250 thousand USD for the first time and launched a blockchain-based supply chain project, utilizing the Ethereum Layer 2 network Base to achieve transparency and security of product data. KULR also secured 6.70 million USD in aerospace technology funding, entered the U.S. robotics market, and partnered with AstroForge to conduct asteroid mining missions. The company's CEO stated that 2025 is a year of transformation, planning to drive growth through Bitcoin assets and business expansion.
#Bitcoin
$BTC
20 hours ago
USDJ officially launches Sunset Plan, aiming for a gradual and orderly exit
TechFlow
According to TechFlow on May 16, official information confirms that USDJ has officially launched the "Sunset Plan," aiming to complete the full market exit transition by August 31, 2025. This decision aligns with the development trends in the DeFi industry, optimizes resource allocation, and gradually shifts the focus to more efficient next-generation stablecoins such as USDD within the TRON ecosystem. Starting from May 16, JustLend DAO will suspend new USDJ deposits and borrowing functions, while existing positions remain unaffected. The platform will also gradually reduce the collateralization ratio of USDJ as appropriate, advising relevant users to monitor and adjust their asset structures promptly to avoid potential liquidation risks. During the transition period, the official team commits to continuously maintaining USDJ liquidity on mainstream DEXs such as SunSwap and providing convenient asset exchange channels for USDD, USDT, and others. The JustStable team stated that they will continue to promote more innovative projects in the TRON DeFi ecosystem in the future, working hand in hand with users to build a more valuable financial future.
#DeFi
$TRX
8 hours ago
A certain whale deposited 1.70 million USDC into HyperLiquid and took a 20x short position on SOL.
TechFlow

According to TechFlow, on May 16, on-chain analyst Onchain Lens (@OnchainLens) monitored that a certain whale deposited 1.70 million USDC into HyperLiquid and opened a short position on SOL with 20x leverage.

#DeFi
$HYPE
$MAG7.SSI
$SOL
7 hours ago
DeFi Development Collaborates with BONK to Jointly Manage Validator Nodes, SOL Holdings Increase to 609,190 Tokens
吴说

DeFi Development Corp. (DFDV) announced a partnership with the memecoin community BONK on Solana to jointly manage validator nodes and plans to integrate BONK's liquid staking token BONKSOL, with both parties sharing node rewards proportionally. Additionally, the company acquired 16,447 SOL tokens, increasing its holdings to 609,190 SOL, with a total value of approximately 107 million USD. (CoinDesk)

#DeFi
$BONK
$MAG7.SSI
$SOL
6 hours ago
Northern Mariana Islands Pass Stablecoin Act; Tinian to Issue First U.S. Public Entity Stablecoin
PANews
The Northern Mariana Islands overturned the governor's veto through the Stablecoin Act. This act allows its island Tinian to issue the stablecoin "Marianas US Dollar (MUSD)" and authorizes the Tinian local government to grant licenses for online casinos. The Tinian government selected the local technology company Marianas Rai Corporation as the exclusive infrastructure provider for MUSD, which will be issued on the eCash blockchain. Governor Arnold Palacios had vetoed the act citing legal and constitutional concerns, but both the Senate and House overrode the veto with more than a two-thirds majority. Supporters believe the act will help attract investment and promote economic development, while opponents worry about gambling-related issues. This act may make Tinian the first U.S. public entity to issue a stablecoin.
#DeFi
$XEC
17 hours ago
Fireblocks: Institutional Trust in Stablecoins Hits a New High, 86% of Institutions Now Equipped with Stablecoin Integration Capabilities
TechFlow

According to TechFlow, on May 16, Cryptoslate reported that Fireblocks revealed institutional adoption of stablecoins has reached an all-time high. The report indicated that 86% of surveyed institutions have established partnerships and systems to support stablecoin integration. Currently, 49% of institutions are actively using stablecoins for payments, 23% are conducting pilots, and 18% are preparing for implementation.

Compared to 2023, adoption barriers have significantly decreased: compliance concerns dropped from 74% to 18%, and regulatory uncertainty fell from 85% to 25%. Cross-border transactions have become the primary demand, with 58% of traditional banks viewing cross-border payments as the foremost use case for stablecoins.

#DeFi
20 hours ago
France Strengthens Security Measures for Cryptocurrency Entrepreneurs Amid Multiple Suspected Kidnapping Incidents
吴说
Wu Shuo has learned that after several cryptocurrency entrepreneurs and their families in France experienced two successful kidnappings and one attempted kidnapping, the French government announced it will provide these individuals and their families with priority emergency reporting channels, on-site security inspections, and safety advice. Additionally, law enforcement personnel will receive anti-money laundering training related to crypto assets. French Minister of the Interior Bruno Retailleau stated that these violent incidents targeting cryptocurrency industry practitioners are suspected to be interconnected. The cases are currently under investigation by prosecutors specializing in organized crime, and multiple suspects have already been arrested.
7 hours ago
XRP Drops 4%, Bitcoin Traders Cautious Around $105,000 Price Resistance
CoinDesk
XRP price dropped by 4%, Bitcoin traders remain cautious about the $105,000 price resistance.
#Bitcoin
$BTC
$MAG7.SSI
$XRP
1 day ago
FTX's bankruptcy assets will pay over 5 billion USD to creditors
CoinDesk
FTX announced that it will pay creditors more than 5 billion USD as part of the preparation for the distribution of bankruptcy assets. This move marks a critical phase in the FTX bankruptcy process, aiming to repay debts through asset allocation.
$FTT
1 day ago
The U.S. Department of Justice Accuses 12 Individuals in $263 Million Cryptocurrency Theft Related to Genesis Creditors
CoinDesk
The U.S. Department of Justice has charged 12 individuals in connection with a $263 million cryptocurrency theft case involving Genesis creditors.
1 day ago
Bitcoin Bulls Face $120 Million Challenge, Striving to Sustain Stair-Step Uptrend
CoinDesk
Bitcoin bulls face a challenge of $120 million as they attempt to continue their "stair-step" upward trend.
#Bitcoin
$BTC
1 day ago
Americas Crypto Market Update: Fintech Companies and Funds Continue Accumulating Bitcoin Despite Temporary Pause in Bullish Activity
CoinDesk
This article introduces the latest developments in the cryptocurrency market in the Americas, focusing on the behavior of fintech companies and funds in the Bitcoin market. Despite a temporary pause in the bullish market, these institutions continue to hold large amounts of Bitcoin, demonstrating confidence in the future market. The article analyzes the background of this phenomenon, the current market situation, and its potential impact.
#Bitcoin
$BTC
1 day ago
Analyst Says Market Overreacted to Coinbase Hack Incident, SEC Investigation Affects COIN Stock Price
CoinDesk
Analysts say the market's reaction to the Coinbase hacking incident is exaggerated, despite the SEC investigation causing COIN's stock price to decline.
1 day ago
Cryptocurrency benchmark agency states that the bearish sentiment on Ethereum has ended, driving ETH price increase
CoinDesk
The bearish sentiment on Ethereum has ended, driving up the price of ETH. The cryptocurrency benchmark publisher pointed out that the shift in market sentiment is the main reason behind the surge in ETH prices.
#Layer1
$ETH
$MAG7.SSI
1 day ago
Wisconsin Sells Entire $350 Million Spot Bitcoin ETF Holdings
CoinDesk
Wisconsin has sold its entire holdings of spot Bitcoin ETF valued at 350 million USD.
#ETF
$BTC
1 day ago
Court Dismisses Ripple and SEC XRP Settlement Application Due to Procedural Defects
CoinDesk
The court rejected Ripple's and the U.S. Securities and Exchange Commission's (SEC) application for settlement regarding XRP, citing "procedural defects."
$MAG7.SSI
$XRP
1 day ago
CoinDesk 20 Index Performance Update: AAVE Leads with a 7.4% Increase
CoinDesk
CoinDesk 20 Index Performance Update: AAVE rose by 7.4%, driving the overall index higher.
#DeFi
$AAVE
1 day ago
CoinDesk analyst suggests that UK cryptocurrency companies establish Bitcoin treasuries
CoinDesk
CoinDesk analysts recommend that UK cryptocurrency companies establish Bitcoin treasuries.
#Bitcoin
$BTC
1 day ago
Film producer David Goyer bets on blockchain technology to create a new sci-fi series
CoinDesk
Filmmaker David Goyer is planning to use blockchain technology for his next science fiction franchise. This move indicates a blend of traditional filmmaking with innovative digital technology, potentially impacting how sci-fi stories are produced and distributed.
1 day ago
Bitcoin Latest Updates: Top Win Brand Revamp, Steak N Shake Accepts Bitcoin, Galaxy Listed on NASDAQ
CoinDesk
This news covers recent developments in Bitcoin adoption, including a rebranding of Top Win, Steak N Shake starting to accept Bitcoin as payment, and Galaxy's debut on the Nasdaq stock exchange. These events highlight growing acceptance and integration of Bitcoin in various sectors, from retail to financial markets.
#Bitcoin
$BTC
1 day ago
KULR Announces Q1 2025 Performance: Revenue Grows by 40%, Achieves Bitcoin Mining Revenue for the First Time, and Launches Blockchain Supply Chain Project
The Block
KULR Technology announced its Q1 2025 financial report, with revenue increasing by 40% year-on-year to 2.45 million USD, primarily driven by product sales. The company's net loss expanded to 18.81 million USD, mainly due to the market value adjustment of Bitcoin holdings. KULR expanded its Bitcoin assets to 716.20 BTC (approximately 74.40 million USD), with a total cost of 69 million USD and an unrealized gain of 5.40 million USD. The company recognized Bitcoin mining revenue of 250 thousand USD for the first time and launched a blockchain-based supply chain project, utilizing the Ethereum Layer 2 network Base to achieve transparency and security of product data. KULR also secured 6.70 million USD in aerospace technology funding, entered the U.S. robotics market, and partnered with AstroForge to conduct asteroid mining missions. The company's CEO stated that 2025 is a year of transformation, planning to drive growth through Bitcoin assets and business expansion.
#Bitcoin
$BTC
20 hours ago
USDJ officially launches Sunset Plan, aiming for a gradual and orderly exit
TechFlow
According to TechFlow on May 16, official information confirms that USDJ has officially launched the "Sunset Plan," aiming to complete the full market exit transition by August 31, 2025. This decision aligns with the development trends in the DeFi industry, optimizes resource allocation, and gradually shifts the focus to more efficient next-generation stablecoins such as USDD within the TRON ecosystem. Starting from May 16, JustLend DAO will suspend new USDJ deposits and borrowing functions, while existing positions remain unaffected. The platform will also gradually reduce the collateralization ratio of USDJ as appropriate, advising relevant users to monitor and adjust their asset structures promptly to avoid potential liquidation risks. During the transition period, the official team commits to continuously maintaining USDJ liquidity on mainstream DEXs such as SunSwap and providing convenient asset exchange channels for USDD, USDT, and others. The JustStable team stated that they will continue to promote more innovative projects in the TRON DeFi ecosystem in the future, working hand in hand with users to build a more valuable financial future.
#DeFi
$TRX
8 hours ago
A certain whale deposited 1.70 million USDC into HyperLiquid and took a 20x short position on SOL.
TechFlow

According to TechFlow, on May 16, on-chain analyst Onchain Lens (@OnchainLens) monitored that a certain whale deposited 1.70 million USDC into HyperLiquid and opened a short position on SOL with 20x leverage.

#DeFi
$HYPE
$MAG7.SSI
$SOL
7 hours ago
DeFi Development Collaborates with BONK to Jointly Manage Validator Nodes, SOL Holdings Increase to 609,190 Tokens
吴说

DeFi Development Corp. (DFDV) announced a partnership with the memecoin community BONK on Solana to jointly manage validator nodes and plans to integrate BONK's liquid staking token BONKSOL, with both parties sharing node rewards proportionally. Additionally, the company acquired 16,447 SOL tokens, increasing its holdings to 609,190 SOL, with a total value of approximately 107 million USD. (CoinDesk)

#DeFi
$BONK
$MAG7.SSI
$SOL
6 hours ago
Northern Mariana Islands Pass Stablecoin Act; Tinian to Issue First U.S. Public Entity Stablecoin
PANews
The Northern Mariana Islands overturned the governor's veto through the Stablecoin Act. This act allows its island Tinian to issue the stablecoin "Marianas US Dollar (MUSD)" and authorizes the Tinian local government to grant licenses for online casinos. The Tinian government selected the local technology company Marianas Rai Corporation as the exclusive infrastructure provider for MUSD, which will be issued on the eCash blockchain. Governor Arnold Palacios had vetoed the act citing legal and constitutional concerns, but both the Senate and House overrode the veto with more than a two-thirds majority. Supporters believe the act will help attract investment and promote economic development, while opponents worry about gambling-related issues. This act may make Tinian the first U.S. public entity to issue a stablecoin.
#DeFi
$XEC
17 hours ago
Fireblocks: Institutional Trust in Stablecoins Hits a New High, 86% of Institutions Now Equipped with Stablecoin Integration Capabilities
TechFlow

According to TechFlow, on May 16, Cryptoslate reported that Fireblocks revealed institutional adoption of stablecoins has reached an all-time high. The report indicated that 86% of surveyed institutions have established partnerships and systems to support stablecoin integration. Currently, 49% of institutions are actively using stablecoins for payments, 23% are conducting pilots, and 18% are preparing for implementation.

Compared to 2023, adoption barriers have significantly decreased: compliance concerns dropped from 74% to 18%, and regulatory uncertainty fell from 85% to 25%. Cross-border transactions have become the primary demand, with 58% of traditional banks viewing cross-border payments as the foremost use case for stablecoins.

#DeFi
20 hours ago
France Strengthens Security Measures for Cryptocurrency Entrepreneurs Amid Multiple Suspected Kidnapping Incidents
吴说
Wu Shuo has learned that after several cryptocurrency entrepreneurs and their families in France experienced two successful kidnappings and one attempted kidnapping, the French government announced it will provide these individuals and their families with priority emergency reporting channels, on-site security inspections, and safety advice. Additionally, law enforcement personnel will receive anti-money laundering training related to crypto assets. French Minister of the Interior Bruno Retailleau stated that these violent incidents targeting cryptocurrency industry practitioners are suspected to be interconnected. The cases are currently under investigation by prosecutors specializing in organized crime, and multiple suspects have already been arrested.
7 hours ago
XRP Drops 4%, Bitcoin Traders Cautious Around $105,000 Price Resistance
CoinDesk
XRP price dropped by 4%, Bitcoin traders remain cautious about the $105,000 price resistance.
#Bitcoin
$BTC
$MAG7.SSI
$XRP
1 day ago
FTX's bankruptcy assets will pay over 5 billion USD to creditors
CoinDesk
FTX announced that it will pay creditors more than 5 billion USD as part of the preparation for the distribution of bankruptcy assets. This move marks a critical phase in the FTX bankruptcy process, aiming to repay debts through asset allocation.
$FTT
1 day ago
The U.S. Department of Justice Accuses 12 Individuals in $263 Million Cryptocurrency Theft Related to Genesis Creditors
CoinDesk
The U.S. Department of Justice has charged 12 individuals in connection with a $263 million cryptocurrency theft case involving Genesis creditors.
1 day ago
Bitcoin Bulls Face $120 Million Challenge, Striving to Sustain Stair-Step Uptrend
CoinDesk
Bitcoin bulls face a challenge of $120 million as they attempt to continue their "stair-step" upward trend.
#Bitcoin
$BTC
1 day ago
Americas Crypto Market Update: Fintech Companies and Funds Continue Accumulating Bitcoin Despite Temporary Pause in Bullish Activity
CoinDesk
This article introduces the latest developments in the cryptocurrency market in the Americas, focusing on the behavior of fintech companies and funds in the Bitcoin market. Despite a temporary pause in the bullish market, these institutions continue to hold large amounts of Bitcoin, demonstrating confidence in the future market. The article analyzes the background of this phenomenon, the current market situation, and its potential impact.
#Bitcoin
$BTC
1 day ago
Analyst Says Market Overreacted to Coinbase Hack Incident, SEC Investigation Affects COIN Stock Price
CoinDesk
Analysts say the market's reaction to the Coinbase hacking incident is exaggerated, despite the SEC investigation causing COIN's stock price to decline.
1 day ago
Cryptocurrency benchmark agency states that the bearish sentiment on Ethereum has ended, driving ETH price increase
CoinDesk
The bearish sentiment on Ethereum has ended, driving up the price of ETH. The cryptocurrency benchmark publisher pointed out that the shift in market sentiment is the main reason behind the surge in ETH prices.
#Layer1
$ETH
$MAG7.SSI
1 day ago
Wisconsin Sells Entire $350 Million Spot Bitcoin ETF Holdings
CoinDesk
Wisconsin has sold its entire holdings of spot Bitcoin ETF valued at 350 million USD.
#ETF
$BTC
1 day ago
Court Dismisses Ripple and SEC XRP Settlement Application Due to Procedural Defects
CoinDesk
The court rejected Ripple's and the U.S. Securities and Exchange Commission's (SEC) application for settlement regarding XRP, citing "procedural defects."
$MAG7.SSI
$XRP
1 day ago
CoinDesk 20 Index Performance Update: AAVE Leads with a 7.4% Increase
CoinDesk
CoinDesk 20 Index Performance Update: AAVE rose by 7.4%, driving the overall index higher.
#DeFi
$AAVE
1 day ago
CoinDesk analyst suggests that UK cryptocurrency companies establish Bitcoin treasuries
CoinDesk
CoinDesk analysts recommend that UK cryptocurrency companies establish Bitcoin treasuries.
#Bitcoin
$BTC
1 day ago
Film producer David Goyer bets on blockchain technology to create a new sci-fi series
CoinDesk
Filmmaker David Goyer is planning to use blockchain technology for his next science fiction franchise. This move indicates a blend of traditional filmmaking with innovative digital technology, potentially impacting how sci-fi stories are produced and distributed.
1 day ago
Bitcoin Latest Updates: Top Win Brand Revamp, Steak N Shake Accepts Bitcoin, Galaxy Listed on NASDAQ
CoinDesk
This news covers recent developments in Bitcoin adoption, including a rebranding of Top Win, Steak N Shake starting to accept Bitcoin as payment, and Galaxy's debut on the Nasdaq stock exchange. These events highlight growing acceptance and integration of Bitcoin in various sectors, from retail to financial markets.
#Bitcoin
$BTC
1 day ago
KULR Announces Q1 2025 Performance: Revenue Grows by 40%, Achieves Bitcoin Mining Revenue for the First Time, and Launches Blockchain Supply Chain Project
The Block
KULR Technology announced its Q1 2025 financial report, with revenue increasing by 40% year-on-year to 2.45 million USD, primarily driven by product sales. The company's net loss expanded to 18.81 million USD, mainly due to the market value adjustment of Bitcoin holdings. KULR expanded its Bitcoin assets to 716.20 BTC (approximately 74.40 million USD), with a total cost of 69 million USD and an unrealized gain of 5.40 million USD. The company recognized Bitcoin mining revenue of 250 thousand USD for the first time and launched a blockchain-based supply chain project, utilizing the Ethereum Layer 2 network Base to achieve transparency and security of product data. KULR also secured 6.70 million USD in aerospace technology funding, entered the U.S. robotics market, and partnered with AstroForge to conduct asteroid mining missions. The company's CEO stated that 2025 is a year of transformation, planning to drive growth through Bitcoin assets and business expansion.
#Bitcoin
$BTC
20 hours ago
USDJ officially launches Sunset Plan, aiming for a gradual and orderly exit
TechFlow
According to TechFlow on May 16, official information confirms that USDJ has officially launched the "Sunset Plan," aiming to complete the full market exit transition by August 31, 2025. This decision aligns with the development trends in the DeFi industry, optimizes resource allocation, and gradually shifts the focus to more efficient next-generation stablecoins such as USDD within the TRON ecosystem. Starting from May 16, JustLend DAO will suspend new USDJ deposits and borrowing functions, while existing positions remain unaffected. The platform will also gradually reduce the collateralization ratio of USDJ as appropriate, advising relevant users to monitor and adjust their asset structures promptly to avoid potential liquidation risks. During the transition period, the official team commits to continuously maintaining USDJ liquidity on mainstream DEXs such as SunSwap and providing convenient asset exchange channels for USDD, USDT, and others. The JustStable team stated that they will continue to promote more innovative projects in the TRON DeFi ecosystem in the future, working hand in hand with users to build a more valuable financial future.
#DeFi
$TRX
8 hours ago
A certain whale deposited 1.70 million USDC into HyperLiquid and took a 20x short position on SOL.
TechFlow

According to TechFlow, on May 16, on-chain analyst Onchain Lens (@OnchainLens) monitored that a certain whale deposited 1.70 million USDC into HyperLiquid and opened a short position on SOL with 20x leverage.

#DeFi
$HYPE
$MAG7.SSI
$SOL
7 hours ago
DeFi Development Collaborates with BONK to Jointly Manage Validator Nodes, SOL Holdings Increase to 609,190 Tokens
吴说

DeFi Development Corp. (DFDV) announced a partnership with the memecoin community BONK on Solana to jointly manage validator nodes and plans to integrate BONK's liquid staking token BONKSOL, with both parties sharing node rewards proportionally. Additionally, the company acquired 16,447 SOL tokens, increasing its holdings to 609,190 SOL, with a total value of approximately 107 million USD. (CoinDesk)

#DeFi
$BONK
$MAG7.SSI
$SOL
6 hours ago
Northern Mariana Islands Pass Stablecoin Act; Tinian to Issue First U.S. Public Entity Stablecoin
PANews
The Northern Mariana Islands overturned the governor's veto through the Stablecoin Act. This act allows its island Tinian to issue the stablecoin "Marianas US Dollar (MUSD)" and authorizes the Tinian local government to grant licenses for online casinos. The Tinian government selected the local technology company Marianas Rai Corporation as the exclusive infrastructure provider for MUSD, which will be issued on the eCash blockchain. Governor Arnold Palacios had vetoed the act citing legal and constitutional concerns, but both the Senate and House overrode the veto with more than a two-thirds majority. Supporters believe the act will help attract investment and promote economic development, while opponents worry about gambling-related issues. This act may make Tinian the first U.S. public entity to issue a stablecoin.
#DeFi
$XEC
17 hours ago
Fireblocks: Institutional Trust in Stablecoins Hits a New High, 86% of Institutions Now Equipped with Stablecoin Integration Capabilities
TechFlow

According to TechFlow, on May 16, Cryptoslate reported that Fireblocks revealed institutional adoption of stablecoins has reached an all-time high. The report indicated that 86% of surveyed institutions have established partnerships and systems to support stablecoin integration. Currently, 49% of institutions are actively using stablecoins for payments, 23% are conducting pilots, and 18% are preparing for implementation.

Compared to 2023, adoption barriers have significantly decreased: compliance concerns dropped from 74% to 18%, and regulatory uncertainty fell from 85% to 25%. Cross-border transactions have become the primary demand, with 58% of traditional banks viewing cross-border payments as the foremost use case for stablecoins.

#DeFi
20 hours ago
France Strengthens Security Measures for Cryptocurrency Entrepreneurs Amid Multiple Suspected Kidnapping Incidents
吴说
Wu Shuo has learned that after several cryptocurrency entrepreneurs and their families in France experienced two successful kidnappings and one attempted kidnapping, the French government announced it will provide these individuals and their families with priority emergency reporting channels, on-site security inspections, and safety advice. Additionally, law enforcement personnel will receive anti-money laundering training related to crypto assets. French Minister of the Interior Bruno Retailleau stated that these violent incidents targeting cryptocurrency industry practitioners are suspected to be interconnected. The cases are currently under investigation by prosecutors specializing in organized crime, and multiple suspects have already been arrested.
7 hours ago
XRP Drops 4%, Bitcoin Traders Cautious Around $105,000 Price Resistance
CoinDesk
XRP price dropped by 4%, Bitcoin traders remain cautious about the $105,000 price resistance.
#Bitcoin
$BTC
$MAG7.SSI
$XRP
1 day ago
FTX's bankruptcy assets will pay over 5 billion USD to creditors
CoinDesk
FTX announced that it will pay creditors more than 5 billion USD as part of the preparation for the distribution of bankruptcy assets. This move marks a critical phase in the FTX bankruptcy process, aiming to repay debts through asset allocation.
$FTT
1 day ago
The U.S. Department of Justice Accuses 12 Individuals in $263 Million Cryptocurrency Theft Related to Genesis Creditors
CoinDesk
The U.S. Department of Justice has charged 12 individuals in connection with a $263 million cryptocurrency theft case involving Genesis creditors.
1 day ago
Bitcoin Bulls Face $120 Million Challenge, Striving to Sustain Stair-Step Uptrend
CoinDesk
Bitcoin bulls face a challenge of $120 million as they attempt to continue their "stair-step" upward trend.
#Bitcoin
$BTC
1 day ago
Americas Crypto Market Update: Fintech Companies and Funds Continue Accumulating Bitcoin Despite Temporary Pause in Bullish Activity
CoinDesk
This article introduces the latest developments in the cryptocurrency market in the Americas, focusing on the behavior of fintech companies and funds in the Bitcoin market. Despite a temporary pause in the bullish market, these institutions continue to hold large amounts of Bitcoin, demonstrating confidence in the future market. The article analyzes the background of this phenomenon, the current market situation, and its potential impact.
#Bitcoin
$BTC
1 day ago
Analyst Says Market Overreacted to Coinbase Hack Incident, SEC Investigation Affects COIN Stock Price
CoinDesk
Analysts say the market's reaction to the Coinbase hacking incident is exaggerated, despite the SEC investigation causing COIN's stock price to decline.
1 day ago
All You Need to Know in 10s
1
Berkshire Hathaway, under Warren Buffett, has completely sold off its Nubank shares, earning a profit of 250 million USD.
2
Nasdaq-listed company Basel Medical Group launches a 1 billion USD Bitcoin acquisition strategic plan
3
Wall Street analysts believe the impact of the Coinbase network attack and SEC investigation is limited, leading to a rebound in the stock price.
4
Galaxy Digital is currently in discussions with the U.S. SEC regarding the tokenization of its own stock and other securities.
5
U.S. Federal Judge Rejects SEC and Ripple's Motion for Indicative Ruling, Further Delaying Case Resolution
Latest News
1
"Should the market structure of crypto mirror traditional market structure, or should we have more integrated offerings?"

This and other big questions on the Main Stage at Consensus with Anchorage Digital CEO @nathanmccauley. https://t.co/fMme2mYj86
2
Si Woo just YEETED a 252-yard hole-in-one! https://t.co/mEHx1bgZ0b
3
🚨 CMC News: Chinese Firm Plans $800M $BTC and $TRUMP Purchase.

Chinese manufacturer Addentax Group Corp announced potential plans to acquire approximately $800 million worth of $BTC and the $TRUMP meme coin despite having a mere $4.4 million market cap.

The Nasdaq OTC-traded company claims to be in discussions with cryptocurrency holders who collectively own "approximately 8,000 BTC."

Addentax would fund the crypto acquisition by issuing common stock as part of a "long-term investment strategy."

CEO Hong Zhida positioned this as supporting the company's "broader blockchain strategy."

Investor reaction appeared tepid, with shares down approximately 7% following the announcement that carefully noted "no definitive agreement has been reached."
4
rekt ecosystem is taking over $REKT https://t.co/3LUE7J5w2u
5
😍
BTC:$103,641.3+0.38%ETH:$2,551.99+1.31%ssiMAG7:$21.29+0.69%ssiMeme:$20.2+1.46%
SOL:$168.19+0.45%DOGE:$0.22277+3.77%ADA:$0.7614+1.53%TRX:$0.2721+0.18%
SUI:$3.7911-0.10%LINK:$15.8+0.51%AVAX:$23.13+0.61%XLM:$0.2943+2.44%
22:30This Week in Crypto: Tron Ecosystem Expansion, Cardano Price Outlook, and the Rise of Lightchain AI
22:00Binance Reduces 300 Thousand ETH Reserves, Ethereum Price Expected to Break Through $2,665
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