Summary of the day of 09 and May

🇺🇸 The Biden administration wants to veto a bill that would allow regulated financial companies to hold cryptocurrencies.

🌪 A user has transferred the crypto from Tornado Cash to a BlackRock wallet, the funds are marked with metadata such as "Tornado Cash Recipient".

2️⃣ Ethereum reduced its fees, but lost its deflationary criterion after the update.

🧬 Mastercard, in collaboration with CITI and JPMorgan banks, is testing a blockchain system for payments.

📉 The total volume of spot and derivatives markets fell by 43.8% in April to $6,580 billion after a record in March ($9,120 billion).

💎 Pantera Capital announced that it had invested a record amount in TON.

📊 Deutsche Bank analysts highlighted the risks for stablecoins, Tether responded with criticism.

⚖️ Former FTX director Sam Bankman-Fried is negotiating rice in prison and has lost 11 kg.

🇮🇳 Binance and KuCoin will resume their activities in India after paying fines.

🙃 The scammer who took 1,155 WBTC ($68 million) from a user returned 11,460 ETH ($34,700,000).

🚀 Jack Dorsey believes that bitcoin will reach $1 million by 2030 and beyond.