ChainCatcher news, BNB Chain posted on platform X that data shows BNB Chain reached 2,763 transactions per second at block #49295120, setting a new record for transaction volume per second.

ChainCatcher news, according to official sources, YZi Labs has officially launched a 10-week in-person global incubation program called EASY Residence, focusing on the fields of Web3, AI, and healthcare, aimed at clearing distractions for the top 1% of founders who have the courage to tackle challenges and providing a focused entrepreneurial environment.The program will kick off on June 2, 2025, in Silicon Valley, California, and will conclude on August 10, culminating in a Demo Day where 10-20 selected teams will showcase their product results to well-known industry venture capitalists for potential investment opportunities. During the program, teams will receive comprehensive support including accommodation and meals, and will have deep access to a network of world-class mentors, builders, and investors. The mentor lineup is impressive, featuring industry leaders such as Binance co-founder CZ and Ethereum co-founder Vitalik Buterin, who will provide long-term guidance and support to entrepreneurs.Applications are currently open and will close on May 21 at 23:59 (GMT-7).

ChainCatcher news, U.S. Treasury Secretary Scott Bessent posted on social platform X that the U.S. Senate failed to advance the "GENIUS Act," which is a "missed intergenerational opportunity to expand the dominance of the dollar and the influence of financial innovation."He warned that in the absence of a unified federal regulatory framework, stablecoins will develop amidst fragmented state regulations, which is detrimental to the U.S. maintaining its global leadership and may push digital asset innovation overseas.

ChainCatcher message, top trader Eugene Ng Ah Sio posted on his personal channel, "The market may have entered the second phase yesterday, it's time to reposition."

According to ChainCatcher, as reported by Cointelegraph, SEC Commissioner Caroline Crenshaw publicly stated on May 8 that if the Ripple settlement agreement is approved, it will further undermine the SEC's legal credibility in cryptocurrency regulation and erode the court's role in interpreting securities law. She criticized that such settlements have become a "chain of concessions," harming investor interests and causing the SEC's internal legal position to waver continuously.

ChainCatcher news, according to official information, Ripple Labs has reached a formal settlement with the U.S. Securities and Exchange Commission (SEC). Both parties have submitted the agreement to a New York court, which, if approved, will end the long-standing litigation surrounding the XRP token that began in 2020. Ripple will pay a $50 million fine, significantly lower than the SEC's previous demand of $2 billion and the court's earlier ruling of $125 million.According to the agreement, both parties will withdraw their respective appeals. This settlement is also seen as a sign of the SEC's shift in its cryptocurrency regulatory strategy.Previous news, Ripple agreed to waive its cross-appeal, and the SEC will retain $50 million of the $125 million fine.

ChainCatcher news, according to Forbes, the crypto division of quantitative trading giant Jump Trading, Jump Crypto, has strategically invested in the asset tokenization platform Securitize, with the specific amount undisclosed.This is the latest funding Securitize has received following last year's $47 million investment from BlackRock. Securitize's Chief Operating Officer Michael Sonnenshein stated that Jump's entry indicates traditional financial institutions' recognition of on-chain capital markets. The advantages of tokenized products include daily dividends, collateral applications, and these features are attracting yield-seeking investors to shift from stablecoins to tokenized government bonds.Securitize currently provides tokenization services for top asset management firms such as BlackRock and Apollo, and its flagship product, the BUIDL Fund (tokenized money market fund), has reached a scale of $2.86 billion. Securitize is collaborating with Ethena Labs to develop a compliance DeFi blockchain called Converge, designed specifically for institutions, which is expected to launch this quarter.

ChainCatcher news, according to Coinglass data, Bitcoin volatility has fallen to 2.34%, marking a downward trend for three consecutive days.High Bitcoin volatility is often associated with speculative trading and retail FOMO sentiment. When volatility decreases, it may indicate a reduction in short-term speculators, leading the market into a consolidation phase or a "calm period." Additionally, Bitcoin price fluctuations are often linked to macroeconomic events, such as inflation expectations, interest rate changes, or geopolitical risks. When these external factors stabilize, Bitcoin's volatility may also decrease.

ChainCatcher news, Coinbase Chief Legal Officer Paul Grewal stated that Coinbase has made public over 10,000 pages of regulatory documents obtained through the Freedom of Information Act (FOIA), aiming to promote government transparency. He pointed out key materials including the 2019 SEC internal acknowledgment of the "crypto regulatory gap," the 2023 New York Attorney General's request for the SEC to support the claim that ETH is a security, and the SEC's inability to view Coinbase's response video due to IT issues, emphasizing that this battle for information transparency relates to the public's right to know.

ChainCatcher message indicates that, according to SoSoValue data, the encrypted market sector has seen some increases, with Bitcoin (BTC) rising for two consecutive days, up 0.85% in 24 hours, peaking above $98,000. Ethereum (ETH) has been fluctuating narrowly, down 0.31% in 24 hours, but still maintaining around $1,800. Additionally, the Layer2 sector rose by 1.49%, with Celestia (TIA) and Stacks (STX) increasing by 3.76% and 8.12%, respectively. The GameFi sector rose by 1.15%, with Decentraland (MANA) and Beam (BEAM) increasing by 3.15% and 5.53%, respectively.Meanwhile, the cryptocurrency sector indices reflecting historical market trends show that the ssiGameFi and ssiLayer2 indices rose by 1.61% and 1.46% in 24 hours, respectively.In other sectors, the Meme sector rose by 0.84% in 24 hours, with Popcat (POPCAT) increasing by 11.75% and Mog Coin (MOG) rising by 36.60%; the Layer1 sector rose by 0.34%, and the DeFi sector rose by 0.19%, with Maker (MKR) increasing by 4.34%; the PayFi sector fell by 0.07%, but Bitcoin Cash (BCH) and Safe (SAFE) rose against the trend by 6.51% and 25.10%, respectively; the CeFi sector fell by 0.20%.Additionally, the AI sector fell by 1.21%, but KAITO remained strong, rising for two consecutive days, peaking at 26.28% during the session.

ChainCatcher news, CITIC Securities research report states that the Federal Reserve's interest rate meeting in May 2025 will maintain the policy interest rate unchanged, with the meeting statement emphasizing "increased uncertainty." Powell's speech revolved around the words "uncertain" and "wait and see," seemingly providing little incremental information. However, based on our analysis framework of "transitory inflation + weaker growth + high uncertainty," current U.S. economic data and inflation expectations correspond to a reduction in rate cut expectations.We still expect the Federal Reserve to cut rates no more than 2 times this year and anticipate that the June Federal Reserve meeting will keep the policy interest rate unchanged. On the market side, the bland meeting did not stir much turbulence, and we expect the market to continue trading around Trump's tariff policy in the short term. The forex market remains bearish on the dollar, and the outlook for U.S. stocks is still unclear, with expectations of maintaining high volatility in the short term.

ChainCatcher news, according to Bitcoin Magazine, U.S. Treasury Secretary Scott Bessent stated, "We believe the U.S. should be the preferred destination for digital assets."

ChainCatcher news, according to CoinDesk, Coinbase recently obtained and publicly disclosed a batch of internal communication documents from the U.S. Securities and Exchange Commission (SEC) through the Freedom of Information Act (FOIA), which show that the New York Attorney General's Office requested the SEC to clarify the classification of Ethereum (ETH) as a security during its lawsuit against KuCoin in 2023.Shamiso Maswoswe, Director of the New York Investor Protection Bureau, stated in a letter that she hoped the SEC would submit an amicus curiae brief supporting the view that ETH is a security to strengthen investor protection. However, the SEC ultimately did not adopt that request, but the documents revealed the agency's internal discussions on the classification issue of ETH, especially after Ethereum transitioned to a PoS consensus mechanism. Coinbase stated that this disclosure aims to enhance regulatory transparency and promote public understanding of cryptocurrency asset regulatory policies.

ChainCatcher news, according to Cointelegraph, Singapore-based digital asset infrastructure provider Safeheron recently launched an open-source Trusted Execution Environment (TEE) framework. This solution is developed based on the Intel SGX SDK and written in modern C++, aiming to enhance security and privacy protection in Web3 areas such as DeFi, payment services, and DAOs.The framework allows clients to create a secure isolated "enclave" space through cloud services that support Intel SGX, preventing external attacks and even internal hardware threats. Currently, privacy blockchains like Oasis Network and Secret Network have adopted similar technologies. Safeheron CEO Wade Wang stated that the decision to go open-source stems from concerns that closed systems in the industry hinder innovation.

ChainCatcher news, according to Jinshi reports, U.S. Treasury Secretary Basent stated that the demand for digital assets will reach up to $2 trillion for U.S. Treasury bonds.

ChainCatcher news, according to the official announcement, Futu Securities International (Hong Kong) Limited has officially launched Bitcoin, Ethereum, and USDT deposit services. Qualified investors can complete deposits and trade cryptocurrencies through the one-stop trading platform Futu NiuNiu, supporting investments in traditional financial assets, including Hong Kong, US, and Japanese stocks, options, ETFs, funds, bonds, and other diversified assets, allowing for quick conversion between virtual and traditional asset markets.Previous news, Futu Securities is testing cryptocurrency deposits, with the first phase expected to support USDT and USDC stablecoin deposits.

ChainCatcher news, according to the Solayer Foundation announcement, the next round of community tokens will be unlocked on May 16, all of which will be used for Q2 incentives, early users, InfiniSVM developers, and ecosystem development, including the launch of native products and product growth plans. The foundation stated that it will gradually announce the token distribution details and new product release plans in May.