Manta Network announced on X platform that the fifth distribution of Squad Game's public offering tokens will be conducted on Manta Atlantic today. Due to a backlog in the distribution node on the runtime side, the recipient may experience slight delays, and the team is working to resolve this issue as soon as possible.
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According to the transparency page of Tether, the authorized issuance of USDT on TON has reached 330 million US dollars.
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On May 17th, Binance announced that the Financial Crime Compliance department (FCC) of Binance, in collaboration with the Taiwan Department of Justice Investigation Bureau, has successfully cracked a major criminal case involving money laundering of virtual assets, with an involved amount of nearly 200 million New Taiwan dollars. Throughout the entire case, Binance provided support to Taiwan's crime fighters, offering crucial intelligence and assistance, and played a key role in promoting the investigation.
In addition to business assistance, Binance has also launched a series of law enforcement training programs in Taiwan, collaborating with over ten different units and involving over a thousand law enforcement personnel, all of which have received very positive feedback.
#SEC驳回Coinbase新的加密货币监管框架请愿书

Tether CEO Paolo Ardoino stated in a post on X platform that Tether may invest a large amount of resources to establish a P2P financial market terminal based on Holepunch technology. As humans enjoy the pleasure of getting rid of monopolistic intermediaries in payments, we can also achieve the same results in the financial market data infrastructure. Any exchange in the world will maximize the revenue of its own data while maintaining direct control over its use. The financial market will become more flexible and the world may become a better place as a result.
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PeckShield has monitored that the fake token Notcoin (NOT) on Ethereum has dropped 100%. An address starting with 0xE0eB sold 1,645,040,633,338,481.95 NOT and exchanged it for 93.5 WETH (valued at $281,000 USD). Note: Rugpull tokens have the same name as legitimate tokens.
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According to relevant page information, the LayerZero witch hunt has collected 2312 reports, of which 608 have been completed and 1704 are still in the review stage.As previously reported , LayerZero announced that the airdrop activity has entered the bounty hunting stage. Reporters need to provide at least 20 addresses that clearly indicate witch operations, and can receive 10% of the expected token distribution of the witch address. In the case of multiple reports of the same address, the bounty will be given to the first reporter. The final witch list will be announced after the bounty hunting ends on May 31st.
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Whales Market announced that it has launched Ethereum Layer 2 network Scroll token trading.
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Ki Young Ju, CEO of CryptoQuant, stated in a post that Bitcoin is currently in the middle of the current bull market cycle. He outlined a chart that shows Bitcoin's actual market value "growing faster than its realized value," which is a variant of market value that values it based on the last movement price of each UTXO. This trend typically lasts for two years, meaning that the ongoing bull market will end in around 11 months.
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On May 23, Bloomberg ETF analyst James Seyffart posted on X that demand for SOL ETF may be greater than other digital assets except BTC and ETH. However, the problem is that SEC's attitude towards SOL is completely different from that towards ETH. In previous lawsuits against Coinbase, Kraken, and other companies, SEC has bluntly stated that "Solana (SOL) is a security," which may make the road to SOL's ETF very difficult.
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Aevo announced the launch of Aevo Airdrops. Aevo Airdrops is a new program that collaborates with pre-launch projects launched on Aevo and airdrops their tokens to the most active pre-launch traders and AEVO stakers. The first two projects launched in Aevo Airdrops are Swell Protocol and Zerolend Finance. Aevo will begin airdropping ZERO tokens to eligible wallets next week. Aevo has also improved the equity of its stakers, which is divided into four levels.
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ATOM Accelerator DAO (AADAO) announced its first risk-funded project, the integrated DeFi Layer1 application chain Elys Network on Cosmos Hub, with whom they have reached a strategic partnership. The risk-funded project on Cosmos Hub, deployed through AADAO, aims to invest in high-growth early-stage projects within the cross-chain ecosystem. The Cosmos Hub community fund pool will receive a large amount of ELYS tokens through the Cosmos Hub risk-funded project deployed by AADAO.
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The three major U.S. stock indexes have all reached new highs during intraday trading.
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Phoenix Group, a listed mining company and blockchain technology provider for Bitcoin, released its Q1 financial report, with the following main points:
Net profit of $66.2 million, a year-on-year increase of 166%.2. Total assets increased by 237% year-on-year, soaring from $261 million to $879.3 million.3. Total assets increased by 5% quarter-on-quarter.4. Revenue increased by 18% quarter-on-quarter, reaching $68.9 million.5. Gross profit increased by 82.8% quarter-on-quarter, reaching $23.28 million.6. The total comprehensive income increased by 312% year-on-year to $102.28 million, an increase of 33.7% quarter-on-quarter.7. Earnings per share for the first quarter of 2024 were $BTC #SEC驳回Coinbase新的加密货币监管框架请愿书

Recent developments reveal that the U.S. Securities and Exchange Commission (SEC) has pressured the withdrawal of Solana ETF proposals, citing ongoing concerns that Solana (SOL) may still be classified as a security.
According to reports from The Block, the Cboe BZX Exchange, a prominent U.S. stock exchange, was compelled to retract proposals for Solana spot ETFs from VanEck and 21Shares. These proposals, which were initially introduced in early July 2023, faced swift resistance from the SEC.
The SEC's primary concern stems from its view that Solana still exhibits characteristics of a security. As a result, during a meeting between the SEC and Cboe, the regulatory body urged for the withdrawal of the proposals. VanEck, in response, quickly withdrew its Solana ETF registration before it could be officially published in the Federal Register, a crucial step that would have initiated the SEC’s review process. Despite this withdrawal, the original registration documents from both VanEck and 21Shares remain accessible on the SEC's information portal.
Solana was one of the cryptocurrencies flagged by the SEC in its June 2023 lawsuit against major exchanges Binance and Coinbase, categorizing it as a "security in question." Interestingly, by late July, the SEC indicated to Binance that it might reassess its classification of SOL as a security, though the details of this revised stance have yet to be fully clarified.
Anticipation has been high for Solana to follow in the footsteps of Bitcoin and Ethereum, potentially becoming the next cryptocurrency to secure ETF approval. However, Solana's path to an ETF is complicated not only by ongoing legal challenges but also by the absence of an ETF futures market—a crucial precursor to establishing a spot ETF, as seen with Bitcoin and Ethereum.
In other related news, the SEC recently concluded its case against Ripple and XRP, which resulted in Ripple agreeing to pay a $125 million fine for prior infractions related to its offerings. Notably, the SEC was unable to universally classify XRP as a security, a decision that has further implications for other cryptocurrencies like Solana.
Solana (SOL) Price Reaction:
Despite the regulatory uncertainty, Solana’s price has remained relatively stable, even showing signs of recovery alongside broader market trends. As of now, SOL is trading around $146, marking a 2% increase from the previous day.
#SolanaUSTD #SEC驳回Coinbase新的加密货币监管框架请愿书 #Write2Earn!
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