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According to Onchain Lens monitoring, the whale "0x0a8" further withdrew 9,288 ETH ($21.94 million) from Bybit. This whale currently holds 27,098 ETH ($64 million).

According to Bitcoin Magazine, U.S. Senator Bernie Moreno stated that they will review legislation on Bitcoin and the structure of the cryptocurrency market "next week."Moreno said, "We will send it to the president's desk by the end of June, and he will sign it into law before July 4."

According to Decrypt, Australian rapper Iggy Azalea is facing a class-action lawsuit over the Solana meme coin MOTHER, with investors accusing her of exaggerating the true utility and commercial integration of the token.The lawsuit claims that Azalea promoted MOTHER for use in the Motherland casino, Unreal Mobile phone service, and DreamVault marketplace, but these integrations failed to materialize or did not operate as promised. The MOTHER token has dropped over 99% from its peak of about $0.23. The plaintiffs are seeking compensation for affected investors, including statutory damages and potential triple damages. The lawsuit was filed by Burwick Law, which had previously sued "Hawk Tuah" girl Hailey Welch and her meme coin project.

According to Onchain Lens monitoring, Bitmin has staked another 157,344 ETH, worth $372.39 million. Currently, its total staked ETH has reached 4,712,917, worth $11.12 billion. In addition, two newly created wallets have withdrawn 40,000 ETH ($94.61 million) from Kraken, which may belong to Bitmine.

After WLFI filed a lawsuit against Sun Yuchen yesterday, Vincent Chok, the founder of FDT (First Digital Trust), spoke out today, stating that WLFI is not the first target publicly attacked by Sun Yuchen, as FDT has been entangled in litigation with him for over a year.Vincent Chok stated that in the past 12 months, Sun Yuchen has made public accusations against FDT, but has yet to provide any substantial evidence. During this time, Sun Yuchen has publicly offered rewards for so-called "internal evidence" twice, with the amount increasing from $50 million to $100 million, and as of now, no one has claimed the reward.

According to SolanaFloor, the on-chain reinsurance company OnRe Finance has completed a $5 million financing round, led by Forward and Rockaway. The funds will be used to accelerate the development of on-chain reinsurance business on the Solana network.Forward plans to deploy up to $25 million in OnRe's ONyc token to gain exposure to tokenized reinsurance returns.

According to Techfundingnews, AI law firm Moritz, co-founded by former OpenAI legal advisor Pamir Ehsas, announced the completion of a $9 million funding round, led by Y Combinator and 20VC, with participation from Urban Innovation Fund, Inception, and founders of several tech companies including Reddit, Dropbox, and Hugging Face.Moritz positions itself as an "AI-native law firm," offering fixed-price legal services, with most drafting and research work completed by artificial intelligence, followed by review and legal responsibility taken on by lawyers.

According to market news, Binance has announced the launch of a user-controlled "Withdraw Protection" feature, aimed at preventing offline coercion attacks (commonly known as "wrench attacks") against cryptocurrency holders. This feature allows users to actively lock their account withdrawal permissions for 1 to 7 days and provides a stricter "lock mode," which cannot be lifted early during the set period.Binance stated that this locking mechanism cannot be overridden by platform customer service but is controlled by internal policy, not an on-chain cryptographic lock. Binance's Chief Security Officer, Jimmy Su, indicated that this move stems from the risk trends observed on the platform, including cases where some users in high-risk areas have been forced to transfer funds. By setting a withdrawal delay, it can buy users time to respond and recover in extreme situations.Data shows that incidents of offline coercion against cryptocurrency users are significantly rising in 2025, with related attacks often bypassing traditional account security mechanisms, as the actions are completed by the users themselves under pressure. Industry insiders believe that the time-lock mechanism can change this risk model to some extent. Binance emphasizes that this feature does not affect law enforcement agencies' ability to act in accordance with the law, while also advising users to strengthen API key management and privacy protection to reduce the risk of being targeted.

World Liberty Financial (WLFI) announced a defamation lawsuit against Sun Yuchen on platform X.WLFI alleges that Sun Yuchen, through his wholly-owned entity Blue Anthem, holds approximately 4 billion $WLFI tokens: when purchasing the tokens, Sun Yuchen was clearly aware that $WLFI tokens are non-transferable, signed a token unlocking agreement, committed not to short sell, and agreed that WLFI has the right to "decide to freeze any violating wallets."After WLFI executed a freeze on the relevant tokens based on the sales terms, Sun Yuchen did not seek a good faith resolution; instead, he initiated a coordinated smear campaign, spending money to hire influencers and deploy bots to spread false information to over 4 million followers, warning that if his demand for hundreds of millions of dollars was not met, the price of $WLFI tokens would "drop to the ground."WLFI stated that the aforementioned freezing function was clearly disclosed in the sales terms, the governance mechanism is transparent and community-driven, and they will pursue legal action against Sun Yuchen.

According to Cointelegraph, the U.S. law firm Gerstein Harrow LLP has applied to the court for an injunction to prevent Arbitrum DAO from transferring frozen Ethereum assets related to the Kelp attack.The law firm claims that its clients have obtained default judgments in three cases against North Korea, totaling approximately $877 million (including punitive damages and interest), and assert a right to claim the related assets.Previously, Kelp DAO was attacked on April 18, resulting in losses of about $292 million, which is believed to be related to the North Korean hacker group Lazarus Group. Subsequently, the Arbitrum security committee urgently froze approximately 30,766 Ether (about $73 million).The incident has sparked controversy. Some community members believe that if the injunction takes effect, it will delay the return of funds to the victimized users and shift the North Korean-related debts onto secondary victims. Previously, Aave Labs had proposed to unfreeze the funds and inject them into a compensation fund to restore the damaged assets.It is worth noting that Gerstein Harrow has previously filed claims regarding assets stolen by North Korean-related hackers and frozen by cryptocurrency platforms, including the 2023 Heco Bridge incident. Industry analysts believe that this case may have a demonstrative impact on the disposal of DAO assets and the definition of cross-jurisdictional claims.

According to SoSoValue data, the net inflow of Bitcoin spot ETFs during the last trading week (Eastern Time April 27 to May 1) was $154 million.The Bitcoin spot ETF with the highest net inflow last week was Blackrock ETF IBIT, with a weekly net inflow of $136 million, bringing the total historical net inflow of IBIT to $65.5 billion. The second was Ark & 21 Shares ETF ARKB, with a weekly net inflow of $49.9842 million, and the total historical net inflow of ARKB currently stands at $1.66 billion.The Bitcoin spot ETF with the highest net outflow last week was Grayscale Bitcoin Trust GBTC, with a weekly net outflow of $73.7115 million, and the total historical net outflow of GBTC has reached $26.29 billion.As of the time of writing, the total net asset value of Bitcoin spot ETFs is $103.78 billion, with an ETF net asset ratio (market value compared to total Bitcoin market value) of 6.66%, and the historical cumulative net inflow has reached $58.72 billion.

Wasabi Protocol announced a security incident update on platform X, stating that users can now safely interact with the protocol contracts to withdraw remaining funds.The team stated that they are doing their utmost behind the scenes to advance the relevant processing work, but due to the incident still being under ongoing investigation, they are currently unable to disclose more details. They will update the community on the latest progress as soon as conditions permit.

According to official news, BAIclaw officially launched the "Sun Brother Brain" feature on May 1, allowing users to load the "Justin Sun Perspective" Skill with one click and personally experience the deep integration of cutting-edge large language models and top Web3 trading logic. To support deeper on-chain interactions, the platform simultaneously launched the Plan Pro and Plan Max premium subscription packages, offering stronger execution bandwidth and a smoother trading experience; at the same time, a limited-time launch benefit is available, where new users can enjoy a reward of 5,000,000 points for their first recharge of $5 or more. This update marks B.AI's further deepening in the integration of AI and on-chain ecology, inviting you to enter B.AI immediately, synchronize with top minds, and capture every wealth opportunity in the Web3 market.

On the X platform, "on-chain detective" ZachXBT pointed out that certain law firms in the United States are using their investigative work and on-chain forensic results to help victims of hacking incidents file legal claims, but this practice may actually affect the victims' ability to receive compensation or recover funds.In previous hacking incidents involving the Lazarus Group, these law firms typically intervene only after their on-chain fund tracking or freezing is completed, and propose follow-up legal actions that are weakly related to the crypto incidents themselves. They have also employed similar strategies for "free-riding claims" in incidents involving Harmony, Bybit, and others. ZachXBT also called for the crypto community to establish a DAO to resist such behavior.

According to official news, Tapp Exchange has announced that it will gradually cease operations. The protocol will remain fully available until May 31, 2026, and all user assets are secure and can be withdrawn at any time.Since its launch in June 2025, Tapp has built the first V4 style DEX on Aptos, continuously introducing the ve(3,3) voting mechanism, emission distribution, bribery infrastructure, and governance tools, transferring liquidity decision-making power to veTAPP holders.

According to on-chain analyst Ai Yi's monitoring, a suspected address of Sun Yuchen has withdrawn 3.2 million USDT from Spark again, totaling 96.62 million US dollars in stablecoins withdrawn.The financial address 0x939...6A1D1 currently has 1.15 billion dollars in funds on Spark, of which 1.02 billion is USDS and 131 million is USDC. After previously suspected to have sold 5.51 million dollars worth of USDS farming rewards, new rewards have accumulated to nearly 600,000 dollars.

According to official news, the Solana ecosystem DeFi protocol Carrot has announced that it will soon shut down. Carrot stated that the Drift exploit incident has had a catastrophic impact on its ongoing operations. Carrot has set May 14 as the deadline for withdrawing remaining funds from Boost, Turbo, and CRT, after which the system will begin deleveraging, reducing all leverage to zero and releasing all liquidity for CRT redemption. Carrot stated that any recovery funds from Drift will still be distributed as previously promised, but there is currently no specific timeline.

Multiple independent sources have confirmed to Caixin that the founding partner and director of a law firm in Chongqing has recently been taken away by relevant authorities. This lawyer is Peng Jing, the founding partner and director of Chongqing Jingsheng Law Firm. There is speculation that she has numerous connections with the officials who have recently fallen from grace.According to analysts, lawyers from law firms are usually not taken away by the Central Commission for Discipline Inspection, "but Peng Jing has a very large network, and her case involves too many people." On March 20, 2026, Chongqing Mayor Hu Henghua was reported to be under investigation, and on April 17, Luo Lin, a member of the Chongqing Municipal Committee and secretary of the Liangjiang New Area Committee, was also announced to have fallen. Reports from the local political and business circles in Chongqing suggest that the downfall of Hu Henghua and Luo Lin is related to bribery and money laundering through stablecoins, and "Peng Jing may be a key figure, helping others launder money under the guise of collecting legal fees." Sources indicate that in the Hu Henghua case, Lin Kechuang, the son-in-law of Lin Xiucheng, gave Hu Henghua 30.8 million USDT (approximately 210 million yuan, of which 10 million was for exchange fees). After Hu Henghua was investigated, the cold wallet was controlled, and authorities traced the funds from six other cold wallets held by Lin Kechuang; among them, a transfer of 15.5 million USDT that occurred simultaneously with Hu Henghua's was claimed by Lin Kechuang to have been sent to Luo Lin. Luo Lin was taken away by relevant authorities on April 14, 2026, and his home was searched on the evening of April 15, but this cold wallet was not found. Subsequently, authorities found Luo Lin's cold wallet at a third party's home.