05/09 #ByToken Key quick-read daily reports (daily output, follow and like, no messages missed)
▰ The U.S. House of Representatives passes a resolution aimed at overturning the SEC’s crypto accounting policy
The U.S. House of Representatives passed a resolution intended to overturn the SEC's cryptocurrency custody accounting standards announcement, sparking controversy in the industry; the White House stated that President Biden would veto the resolution, saying it could lead to financial instability and market uncertainty.
▰ Trump announced that he is accepting donations for the US presidential campaign in the form of cryptocurrency
Trump announced that he will accept donations to the U.S. presidential campaign in the form of cryptocurrency, promising to change his attitude towards cryptocurrency and oppose the policies of the Biden administration.
▰ The Hong Kong Securities and Futures Commission warns “Quantum AI” to engage in virtual asset-related fraudulent activities
The Hong Kong Securities and Futures Commission issued a warning to remind the public to be wary of a fake cryptocurrency trading service called "Quantum AI" that may be involved in fraudulent activities.
▰ Bloomberg: Musk’s xAI will complete financing as soon as this week, with a valuation of US$18 billion
Musk’s xAI is about to complete financing, with a valuation of US$18 billion, and investment institutions such as Sequoia are participating in the investment.
▰ Grayscale CEO: The company will focus on spot Ethereum products
Grayscale Investment Company will focus on developing spot Ethereum products and stop launching new products to respond to market demand.
▰ The listing of crypto wallet provider Exodus on the New York Stock Exchange was delayed due to US SEC review
Crypto wallet company Exodus was originally scheduled to be listed on the New York Stock Exchange, but due to delays in SEC review, the company said it would wait for further news.
▰ MakerDAO: DAI supply has grown by 1 billion in the past two months
The supply of MakerDAO's stablecoin DAI has increased by 1 billion in the past two months, and in April it became the stablecoin with the largest transaction volume on the chain.
▰ The founder of Uniswap calls for stopping setting high valuations too early
The founder of Uniswap called on crypto projects not to set high valuations too early and to prove their value first before talking about unicorns.
▰ CryptoQuant Report: Ethereum’s Dencun upgrade makes ETH inflation again
The CryptoQuant report pointed out that Ethereum’s Dencun upgrade caused it to become inflationary again, which may affect its characteristics as a “supersonic” currency.
▰ Modular blockchain Sophon raised $60 million through node sales
Modular blockchain Sophon has raised $60 million in funding to develop a zkSync-based blockchain platform.
▰ FTX Creditors Committee: Evaluating the reorganization plan and disclosure statement
The FTX Creditors Committee is evaluating FTX’s reorganization plan and requires creditors to submit objections to the disclosure statement before June 5.
▰ Lagrange, a new cryptography company, completed a US$13 million seed round of financing, led by Founders Fund.
Cryptozoology startup Lagrange has successfully raised $13 million in seed funding to develop encryption solutions.
▰ Robinhood’s first quarter cryptocurrency trading volume increased by 224% compared with the same period last year
Robinhood's first-quarter cryptocurrency trading volume increased by 224% compared with the same period last year, and its financial report showed a significant increase in its cryptocurrency revenue.
▰ This morning’s large on-chain transfer worth US$1.565 billion of SOL tokens may be an internal operation
A large on-chain transfer of SOL tokens worth US$1.565 billion occurred this morning, which may have been an internal operation by the same validator, attracting market attention.
