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According to GMGN monitoring, the Meme coin Freedom of Money on the BSC chain rose 25% within 1 hour, with a market capitalization recovering to 12 million USD, and a 24-hour increase of 40%, with a trading volume of approximately 2.2 million USD during the same period.Meme coin trading is highly volatile, largely relying on market sentiment and concept speculation, with no actual value or use case; investors should be aware of the risks.

According to Jinshi reports, Federal Reserve's Goolsbee stated that any signs indicating that the U.S. inflation issue is continuing to move in the wrong direction will require us to reassess the correct monetary policy path.

Circle officially announced that its USYC asset management scale has surpassed 3 billion USD, making it the largest tokenized money market fund in the world. This milestone indicates the continuous growth of tokenized money market funds, while the role of on-chain collateral in the digital asset market is also steadily increasing.USYC is a product that tokenizes traditional money market funds through blockchain technology, allowing institutional investors to hold, trade, and manage yield-bearing assets on-chain. The fund primarily invests in short-term U.S. Treasury bills and U.S. government securities-backed reverse repurchase agreements.

According to Jinshi reports, the panic index VIX has fallen to a three-month low, down 0.71 points to 16.67.

According to GMGN data, the top 5 tokens with net inflow of smart money in the past 24 hours are as follows:Goblin (3KHM....ump): Net inflow of $6,000, with a 24-hour increase of 312.8%, currently priced at $0.0057.PURCH (7EW5....ump): Net inflow of $2,000, with a 24-hour increase of 477.9%, currently priced at $0.001.TrackedBio (7t1T....Mrn): Net inflow of $1,000, with a 24-hour decrease of -39.3%, currently priced at $0.0002.CHILLBASS (4DRS....ump): Net inflow of $451, with a 24-hour increase of 295.1%, currently priced at $0.0001.MROBOTICS (DMzV....ump): Net inflow of $448, with a 24-hour increase of 22%, currently priced at $0.0001.

According to Onchainlens monitoring, a certain whale, after being silent for three months, deposited $4.1 million into HyperLiquid to establish a long position of 92,161 SOL with 2x leverage, worth $8 million. In addition, the whale also holds a long position of 5,992 ETH, valued at approximately $14 million.

According to on-chain analyst Yu Jin's monitoring, SKYAI has increased tenfold in the past month (from $0.073 to $0.8). One address turned $49,000 into $500,000 through SKYAI.This address spent 49,000 USDT to buy 1,032,000 SKYAI in June last year, at a price of $0.048; after the recent surge of SKYAI, it has sold 873,000 SKYAI (worth $372,000) in the past few days, at an average price of $0.426; it still holds 158,000 SKYAI (worth $125,000).

Kraken co-CEO Arjun Sethi stated at the Consensus Miami conference that the preparations for KrakenIPO are about 80% complete, and the company has submitted an application to the U.S. Securities and Exchange Commission, currently waiting for the right market window.Kraken also announced a partnership with MoneyGram, where both parties will collaborate on scenarios involving the exchange of crypto assets and cash to address the "last mile" cash access issue. MoneyGram currently has approximately 500,000 retail locations worldwide. Executives from both sides stated that stablecoins are expected to reduce costs and efficiency losses in payment systems, especially in regions with weaker financial infrastructure.

"On-chain detective" ZachXBT disclosed that the DSJ Exchange (DSJEX) / BG Wealth Sharing Ponzi scheme, involving over $150 million, collapsed last week.Under its leadership, actions were taken in collaboration with Tether, Binance security teams, OKX, and U.S. law enforcement agencies, resulting in approximately $41.5 million in funds being frozen, including $38.4 million frozen by Tether on May 4, and about $3.1 million frozen by other platforms.It is reported that the project has been operating since 2025, using "1.3%--2.6% daily returns" as a gimmick to attract users through referral commissions and tiered rewards. DSJ has been identified as a fraudulent trading platform, BG as a supporting investment organization, and the so-called CEO "Stephen Beard" is also a fictional character. Investigations show that the project team evaded regulation by frequently changing domain names and hot wallets, and promoted false trading signals through messaging applications. Before the collapse, the platform had suspended withdrawals and demanded users pay a 12% "tax" under the pretext of "upcoming IPO."In terms of fund flow, the involved addresses transferred assets through Tokenlon exchanges, cross-chain bridges (such as Bridgers, Butter Network), and stablecoin wrapping/unwrapping, ultimately flowing into addresses of multiple exchanges. Currently, 13 regulatory agencies from five continents have issued risk warnings regarding this project. Analysts believe that this incident once again highlights the critical role of cross-chain tracking and multi-party collaboration in combating cryptocurrency fraud.

According to the Hong Kong Wen Wei Po, the President of the Hong Kong Monetary Authority, Yu Weiwen, stated after attending a Legislative Council meeting yesterday that they will consider issuing new licenses after the first batch of stablecoins is launched. However, the number will still be strictly controlled based on market capacity and new risk situations to avoid unrealistic expectations regarding the number of licenses in the market. There will also be long-term continuous monitoring of the implementation of stablecoins.

According to Jinshi reports, Federal Reserve's Williams stated that the breakeven point for the job market may now be between 0 and 50,000 jobs per month.

According to Jinshi reports, Federal Reserve's Williams stated that U.S. monetary policy remains in a favorable position to respond to an uncertain economic environment.

According to Cointelegraph, the South Korean crypto industry group DAXA (Digital Asset Exchange Alliance), representing 27 registered virtual asset service providers (VASP), has submitted objections to the Financial Services Commission (FSC) and the Financial Intelligence Unit (FIU) regarding the proposed amendments to the implementation order of the Specific Financial Information Act.The new regulations aim to require domestic VASPs to report any virtual asset transfers with foreign VASPs as suspicious transaction reports (STR) if the amount reaches 10 million won (approximately $6,800), regardless of the risk level. DAXA warned that this would cause the annual reporting volume of South Korea's five major trading platforms (Upbit, Bithumb, Coinone, Korbit, Gopax) to surge from about 63,000 last year to over 5.4 million, making compliance practically impossible.The industry also opposes the proposed requirement to verify the accuracy of customer information, arguing that the subordinate rules impose obligations not clearly defined by law. This industry backlash comes as exchanges face sanctions from financial regulators in court. On April 9, the court ruled to lift part of the business suspension against Upbit operator Dunamu, but the regulators have appealed. On April 30, the court suspended the six-month partial business suspension against Bithumb. Coinone also received a temporary stay of execution.The public consultation period for the new regulations ends on May 11, and it is expected to be finalized in July after regulatory and legal reviews. This highlights the tension between South Korea's tightening of crypto anti-money laundering regulations and the industry's concerns about excessive compliance burdens.

According to monitoring by Lookonchain, a smart money address 0x2daa spent 53.6 ETH (approximately $127,000) to buy 254,000 sato at a price of $0.5 after making a profit of about $1.3 million from trading $ASTEROID, becoming the second largest holder of sato on the Ethereum network.

According to Coinglass, this morning, Bitcoin surged strongly, returning to the $80,000 mark after 3 months, rising 1.56% in 1 hour. As a result, nearly $106 million was liquidated across the network in about 1 hour.Among them, short positions accounted for $104 million in liquidations. The largest single liquidation was for the Ethereum contract on Binance, with a liquidation amount of $11.7717 million.

Tether CEO Paolo Ardoino shared data from Memento Research on the X platform, showing that the monthly spending scale of crypto payment cards has risen to $600 million, a sixfold increase compared to a year ago. The cumulative on-chain transaction volume has reached $7.2 billion, with a total of 24 million transactions involving 1.36 million wallet addresses. Among these: 1. 62.5% of transactions were settled using Tether (USDT), indicating that stablecoins are gradually becoming the underlying infrastructure for consumer payments; 2. About 90% of transactions were completed through the Visa network; 3. On-chain data also shows that the Solana ecosystem contributed approximately $348 million in transaction volume, while Jupiter's Jupiter Global saw a month-over-month growth of 660%.

In less than three weeks, 12 agreements were stolen for over $606 million. Among them, the Drift incident resulted in a loss of $285 million, and Kelp DAO suffered a loss of $292 million, with the two attacks accounting for approximately 95% of the total losses.

According to growthepie, the Ethereum mainnet recently reached a historic high in monthly transaction volume, totaling 72.8 million transactions.The specific distribution is as follows: token transfers account for 62%, utility (including inscriptions) account for 13%, financial transactions account for 8%, cross-chain transactions account for 2%, and unclassified transactions account for 15%.