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According to a report by Shangguan News, on May 17, 2026, an elderly man in his 70s, Mr. Gong, from Shuxin Town, Chongming, Shanghai, was deceived by a scammer posing as an "investment mentor" on a short video platform. He was lured into investing in Bitcoin with the bait of "low investment, high returns" and attempted to withdraw 100,000 yuan in cash for transfer at different bank branches twice.After noticing the unusual behavior, the bank teller activated the anti-fraud warning mechanism and coordinated with the police to intervene and dissuade him. The police explained to the elderly man, using real cases, that virtual currency trading and speculation are explicitly prohibited in the country, and that so-called "Bitcoin investments" are all scams. They helped him delete the fraudulent software and block the scammer on WeChat on the spot. After two rounds of patient persuasion from the police and the bank, the elderly man ultimately recognized the scam and gave up the transfer.

According to analyst Alicharts, in the past two months, about 60 whale addresses holding at least 10,000 ETH have completely liquidated their positions. Alicharts states that when different entities holding millions of dollars in positions exit the network within such a short time frame, it usually indicates profit-taking and asset reallocation by institutions. These big players are taking advantage of recent liquidity to reduce risk, reflecting a clear lack of confidence in the mid-term outlook. Furthermore, the decrease in the number of giant whales aligns perfectly with the recent influx of large amounts of funds into exchanges. Data shows that the path of least resistance in the short term will still be downward. Therefore, attention needs to be paid to the support at $2,000 for Ethereum.

According to Bits.media, the Russian government's bill on cryptocurrency regulation will be revised during its second reading, aiming to grant the central bank the authority to set requirements for anti-money laundering verification services for cryptocurrency transactions. Alexey Yakovlev, head of the Financial Policy Department of the Ministry of Finance, stated that he hopes to authorize the central bank to impose requirements on AML services, enabling them to verify whether transactions comply with current Russian laws and regulations.A representative from the Ministry of Finance stated that the authorities plan to mandate AML services to consider an "external perspective," analyzing the performance of Russian cryptocurrency wallets in international services and the "image of the Russian system formed abroad." At the same time, such services must "maintain the confidentiality of Russian financial infrastructure," not disclosing their operational principles and internal process details to outsiders. AML services are platforms that help users verify the risks of cryptocurrency wallets concerning international sanctions, anti-money laundering, and counter-terrorism financing. Currently, the main regulatory body for such platforms in Russia is the Federal Financial Monitoring Service of the Russian Federation.

According to a report by Jinshi, Zaheer Anwari, an analyst at Revacy Fund, pointed out that the outlook for interest rate hikes in the U.S. supports the dollar due to high energy prices. He stated that persistent inflationary pressures have led the market to form the expectation that "interest rates will remain high for a long time." LSEG data shows that the U.S. money market has fully priced in the expectation of a 25 basis point rate hike by the Federal Reserve before March 2027, and the market believes there is a 62% probability of a rate hike by the end of 2026.

JUST 6th Anniversary × GasFree Super Carnival Month is in full swing, the "GasFree Knowledge Challenge" beginner challenge has now begun, with a massive prize pool of up to 10,000 USDT continuously being offered. We sincerely invite all community members to participate in answering questions, with the first wave sharing 200 USDT in incentives.To participate, simply follow @DeFi_JUST, like and retweet this post, provide the correct answer to the poster question in the comments, tag 3 friends, and include the #JUSTGASFREE topic along with your GasFree wallet address for a chance to be one of the 20 lucky winners. Once the comments on the Chinese and English tweets exceed 300 each, the second phase advanced challenge and a 400 USDT doubled prize pool will be unlocked immediately! The event runs from May 19 to 25, and opportunities are fleeting, so take the first step of "0" Gas transfer now and win big with your strength.

According to monitoring by Catcher Predict, in the "Cavaliers vs. Knicks" event on the prediction market Polymarket, the win probability for the "Cavaliers" option in the sub-market "1H Moneyline" has experienced significant fluctuations, rising from 32% an hour ago to the current 48% (a fluctuation of 16%). Please note the impact of relevant breaking news.

Echo Protocol announced that its eBTC deployment on Monad experienced unauthorized activity, resulting in abnormal minting and financial losses. Preliminary investigations indicate that the issue stemmed from the compromise of the administrator keys related to the Monad deployment, with approximately $816,000 in assets currently confirmed to be affected.Echo stated that the Monad network itself was not affected and continues to operate normally. The team has regained control of the administrator keys and has destroyed the remaining 955 eBTC held by the attacker. The project further clarified: the current incident appears to be limited to the Monad deployment; there is no evidence to suggest that the Aptos side has been affected; aBTC on Aptos and eBTC on Monad are independent, non-bridgeable assets; the current related risk exposure on Aptos is approximately $71,000.As an additional precaution, Echo has suspended the cross-chain functionality of the Monad deployment and has begun upgrading the related EVM bridging contracts and permission control mechanisms, while reminding users not to interact with any unofficial claims, refund, or recovery pages.

According to data from CryptoQuant, the participation of retail investors (holding less than 1 BTC) in the Bitcoin market is continuously declining, almost "disappearing" from on-chain active addresses. Currently, the monthly average inflow of BTC from retail investors on Binance has dropped to a historical low of only 314 BTC.

Keone Hon, co-founder of Monad, posted on the X platform that the Monad network is unaffected and operating normally, while security researchers are investigating the eBTC-related incident of the Echo Protocol. Researchers have determined that the vulnerability led to approximately $816,000 being stolen. Previously, it was reported that the Echo Protocol was attacked on the Monad chain, where hackers minted 1,000 eBTC and withdrew funds via Curvance.

According to Lookonchain monitoring, Pump.fun deposited 174,408 SOL (approximately 14.76 million USD) into Kraken 13 hours ago.At the same time, on-chain trading behavior indicates that it may have completed part of its sell-off operation: a newly created wallet (35qaEz) withdrew 117,877 SOL (approximately 9.96 million USD) from Kraken, and then sold all of it at a price of about 84.52 USD, obtaining approximately 9.96 million USDC, which was then deposited back into Kraken.

Ionic Digital released an unaudited mining and operational update report for April 2026, disclosing that 20.45 bitcoins (BTC) were mined in April, a decrease of 27.1% compared to the previous month. The average daily hash rate was 1.51 EH/s, a month-on-month decrease of 26.2%, mainly due to the complete shutdown of its hosting facility in GXD, Oklahoma, which is currently out of operation.Currently, the company has only four mining sites in Midland still operating, which contributed all 20.45 BTC output in April. During the same period, global network hash rate decreased by 2.1%, but block output remained basically stable, with a month-on-month increase of 0.5%. In terms of finances, Ionic Digital maintained a zero-debt status, having not sold any BTC in April. As of April 30, the company held 2,836.4 BTC, an increase of approximately 19.9 BTC compared to the previous month.

Smart money, which previously built a position of 11,004 ETH at an average price of $3.45 in 2016 and made a profit of $30.38 million, has once again bought 1,344.18 ETH ($2.83 million) on-chain 10 hours ago; currently, the average cost of the newly built position is $2,153.95, with an unrealized loss of $165,000, and all USDC on-chain has been used for building the position.

According to Bits.media, the State Duma of Russia is reviewing a supplementary bill parallel to the "Digital Currency and Digital Rights Law," which aims to enforce mandatory monitoring of cryptocurrency transactions exceeding 1 million rubles (approximately $13,700). The bill requires operators to identify customers, recognize suspicious transactions, implement internal controls and documentation management, transmit data to government agencies, and interface with the Central Bank of Russia.Digital compliance will become a mandatory requirement, including checks for money laundering and risks associated with funding organizations deemed undesirable. Exchange operators may delegate customer identification procedures to banks and must operate as non-credit institutions. The Central Bank has the authority to restrict their activities, demand changes in management, remove them from the register, or even liquidate the company through the courts.The supplementary bill also includes administrative and criminal liabilities, with fines for violations ranging from 30,000 to 50,000 rubles for public officials and 700,000 to 1 million rubles for legal entities. Illegal circulation of cryptocurrency by organizations may result in a maximum sentence of seven years in prison.

According to on-chain analyst Yu Jin's monitoring, in just the past 2 months, the Ondo project's multi-signature wallet has transferred over 328 million ONDO (98.42 million USD) to exchanges such as Coinbase.

According to Onchain Lens monitoring, Echo Protocol was attacked on the Monad chain. The attacker minted 1,000 eBTC ($76.7 million) and withdrew funds from Curvance through a previously tested attack path.Currently, the attacker has deposited 45 eBTC ($34.5 million) into Curvance as collateral, borrowed about 11.29 WBTC ($867,700), and cross-chained to Ethereum, sending 385 ETH (approximately $818,000) to TornadoCash after exchanging for ETH. The attacker still controls a large amount of minted eBTC.

According to Gate market data, U.S. stocks closed on Monday with the Dow Jones Industrial Average initially rising 0.3%, the S&P 500 index falling 0.07%, and the Nasdaq down 0.5%. Nvidia (NVDA.O) fell 1%, Micron Technology (MU.O) dropped 6%, and Tesla (TSLA.O) declined nearly 3%. The Nasdaq Golden Dragon China Index closed down 0.7%, with Li Auto (LI.O) dropping nearly 10%.

According to Jinshi reports, U.S. President Trump will hold the swearing-in ceremony for Federal Reserve Chair nominee Waller on Friday.

JUST joins hands with core ecosystem partners TronLink, Klever Wallet, Guarda Wallet, and NOW Wallet to launch the GasFree Super Carnival Month, officially igniting a carnival prize pool of up to 10,000 USDT. From May 18 to 24 (SGT), during the event, users only need to use a wallet that supports the GasFree feature and transfer USDT to randomly win a lucky reward of up to 522 USDT; at the same time, completing at least one transaction using the GasFree feature gives you a chance to receive a full refund of activation fees or transaction fees. All rewards will be distributed to your GasFree wallet address within 18 working days after the event ends. No need for TRX, no fear of Gas, truly achieving zero-threshold free transfers! Start the ultimate transfer new era now------the 10,000 USDT carnival prize pool is fully in place, and the anniversary bonus is within reach. Don't hesitate any longer, take action now, and celebrate the sixth anniversary peak moment with JUST and global ecosystem partners.

According to data from the Gate platform, WTI crude oil (CL) is currently priced at $102.22, up 0.73% in the last 24 hours; Brent crude oil (BZ) is currently priced at $105.50, up 0.38% in the last 24 hours, with active trading in oil-related contracts. According to Coinglass data, the BZUSDT position on the Gate platform is approximately $6.0924 million, ranking among the top in the network; the CLUSDT trading position is approximately $2.6843 million, also maintaining high market attention.To further improve the platform's oil derivatives product system, Gate has renamed the trading symbol for the XBR perpetual contract to BZ and officially launched the BZ perpetual contract; at the same time, the trading symbol for the XTI perpetual contract has been renamed to CL and the CL perpetual contract has been officially launched. This only involves adjustments to the trading symbols, while the contract underlying and trading rules remain unchanged.Gate contracts have taken the lead in the oil market, pioneering the commodity contract sector, covering BZUSDT (Brent crude oil), CLUSDT (WTI crude oil) perpetual contract trading, and NG (natural gas) perpetual contract trading, providing 24/7 trading, USDT settlement, and up to 100 times leverage, assisting users in cross-market asset allocation and strategic layout during volatile market conditions.