05/17 #ByToken Key quick-read daily reports (daily output, follow and like, no messages missed)

▰ The U.S. Treasury Department strengthens cryptocurrency regulation:

The U.S. Department of the Treasury conducts anti-money laundering supervision on illegal finance, focusing on sanctions on cryptocurrency exchanges and warnings on "killing pig" scams.

▰ The French Securities Regulatory Commission warned Bybit:

The French Securities Regulatory Commission once again warned Bybit that it illegally provides services in France, suggesting that it may take enforcement action against it.

▰ Senate passes resolution overturning SEC crypto accounting rules:

The U.S. Senate has passed a resolution aimed at overturning the SEC’s accounting rules for cryptocurrency custody, sparking controversy.

▰ Reddit cooperates with OpenAI:

Reddit has partnered with OpenAI to bring Reddit content to ChatGPT and new products, and support Reddit users in using new artificial intelligence features.

▰ Reddit reintroduces reward system:

Reddit has reintroduced a reward system. Users can purchase "gold" to reward posts or comments. The system will have new designs and safeguards.

▰ pump.fun was attacked by flash loan:

Solana chain token launcher pump.fun was attacked by flash loans. The team has upgraded the contract and compensated the affected tokens.

▰ Vitalik Buterin said GPT-4 passed the Turing test:

Ethereum co-founder Vitalik Buterin said that OpenAI’s GPT-4 has passed the Turing test.

▰ MakerDAO launches PureDai governance token:

MakerDAO launches PureDai governance tokens, which will be permanently distributed to PureDai vault users.

▰ Chainlink cooperates with DTCC to conduct Smart NAV industry pilot:

Chainlink and DTCC successfully completed the Smart NAV industry pilot and put fund data on the chain.

▰ Zhao Changpeng has not yet been jailed:

Former Binance CEO Changpeng Zhao has not yet been jailed, and his jail time is pending notification from the Office of Probation or Pretrial Services.

▰ Param Labs completed US$7 million in financing:

Web3 gaming infrastructure developer Param Labs completed $7 million in financing, led by Animoca Brands.

▰ Bitwise reveals assets holding Bitcoin ETF:

Bitwise pointed out that 1,028 companies with assets of more than $100 million reported holding Bitcoin ETFs, with a total holding of $10.9 billion.

▰ The company disclosed its holdings in the BlackRock Bitcoin ETF:

A total of 414 companies disclosed holdings in the BlackRock Bitcoin ETF, setting a record.

▰ Robinhood cryptocurrency trading volume drops:

Robinhood cryptocurrency trading volume fell 57% in April, a steeper decline than any other competitor, as retail investor interest cooled.

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