ChainCatcher news, in response to crypto detective ZachXBT questioning why Neiro initially chose the notoriously poor-reputed Gotbit as a market maker, Neiro's CTO co-lead "S" stated that when Sun Yuchen's tweet led to its listing on HTX, there was actually only a few hours to find one, making time critical. The choice of Gotbit was partly because the market maker offered a retention agreement at that time, which was the most affordable option so far, and partly because the project viewed it as a quick solution for the HTX listing (with the agreement with Gotbit lasting 3 months), planning to explore other options when the budget allowed. Additionally, there was a lack of judgment experience regarding the industry; although they had heard various bad things about Gotbit, they had also heard bad things about almost everyone in the industry, making it difficult to make a judgment."S" also mentioned: "I had not had direct contact with Gotbit before, so I chose to trust them and gave them a chance. Gotbit also marketed itself as a 'meme coin friendly' market maker, which seemed like an attractive proposition.""S" concluded: "But ultimately, I take full responsibility for this; I should have been more careful. I am deeply pained by this outcome and have paid a huge price for it. At the same time, it has given us a tremendous learning opportunity, forcing us to fundamentally improve the project by collaborating with better and more market makers to reduce counterparty risk and upgrade the Neiro trading market."Previous news, on-chain detective ZachXBT commented on Neiro's announcement to terminate its partnership with market maker Gotbit, suggesting that perhaps Neiro should explain to the community why they initially chose Gotbit, given their consistently poor reputation and the substantial evidence of Gotbit's price manipulation behavior before the U.S. government accused them of fraud and market manipulation this week.

ChainCatcher news, according to FOX Business, U.S. Senator Tim Scott criticized SEC Chairman Gary Gensler for delaying the scheduled Senate Banking Committee hearing.Scott stated that Gensler's regulatory agenda is detrimental to the U.S. economy, increasing burdens on businesses, reducing opportunities for capital acquisition, and harming the interests of American retirement savers. Republican lawmakers have introduced the Empowering Main Street in America Act, which requires the SEC chairman to testify before Congress twice a year to enhance transparency and accountability.

ChainCatcher news, Zhao Changpeng stated on his social media platform that meme coins (and all cryptocurrencies) are high-risk, and users need to discern risk and reward themselves (DYOR) and take responsibility for their actions.It is reported that Binance's Innovation Zone will launch FLOKI (FLOKI) and Pepe (PEPE) on May 6 at 00:00 (UTC+8). (source link)

ChainCatcher news, AEX founder Huang Tianwei tweeted: "The current situation has improved, it's not as pessimistic as imagined, but it's not yet time to be optimistic. Since the matter is not yet concluded, there are many things that are inconvenient to discuss, but my attitude has always been clear, and I will actively take on my responsibilities. The main task for the future is to work hard to bring AUSD closer to USDT, and to convert the assets in hand to address everyone's demands more quickly and effectively, even though it is not something that can be resolved in the short term, I believe that one day the goal will be achieved."ChainCatcher previously reported that in July 2022, AEX announced the suspension of platform services at the request of the police; in January this year, AEX released Solution 2, proposing to transfer some platform assets at a discount to customers for AUSD destruction. (source link)