Musk: I Never Discussed Cryptocurrency with Trump; Cryptocurrencies Empower the People by Shifting Power from Government

LayerZero has added Solana to its cross-chain bridge network.
Federal Reserve’s Williams: Interest rate cuts do not require inflation to precisely reach 2%.
Musk: I have never discussed cryptocurrency with Trump; cryptocurrency can transfer power from the government to the people.
Loopring will launch the multi-network Loopring smart wallet.
The Supreme Court of Montenegro will make another decision on Do Kwon’s extradition.
Uniswap founder: The concept of celebrity coins is not necessarily bad, just poorly executed.
A16z and Ripple have donated nearly $50 million to the crypto PAC Fairshake, respectively.
Sources: Musk has proposed suggestions on cryptocurrency to Trump, and Trump’s campaign team is discussing inviting Musk to the Republican National Convention.
Terraform Labs and its CEO have reached a preliminary settlement with the US SEC on the fraud case.
SEC Commissioner Hester Peirce suggests the UK and US jointly establish a digital securities sandbox.
Neynar, a provider of Web3 social networking tools, has completed a $11 million Series A funding round led by Haun Ventures.
New York State Department of Financial Services: Virtual currency companies must comply with new customer service obligations.
Smart Transaction, a trading execution protocol, has completed a $5.5 million seed funding round with participation from HackVC, among others.
Bitcoin collateral project Babylon has raised $70 million in funding with Paradigm as the lead investor.
JPMorgan: Ethereum spot ETF demand will be much lower than Bitcoin.
Vanguard has no plans to offer spot Ethereum ETF trading on its brokerage platform.
Arweave AO will have a 100% fair token distribution with a total supply of 21 million tokens.
RootData: Stargate Finance token (STG) has seen a 60.26% increase in the past 24 hours.
Binance announces that users can purchase C Ronaldo NFT without licensing fees and platform fees during Portugal’s matches in the Euro 2020.
Binance Futures will launch TURBO 1-50x USDT perpetual contracts.
Sui has partnered with Atoma Network to launch a verifiable reasoning network.
Turbos Finance has launched a referral program.
SYMBIOGENESIS: Arbitrum on-chain NFT auction will take place on May 31.
US PCE inflation data will be released tomorrow, and Bitcoin prices may face a risk of correction.
Orbs has launched Perpetual Hub, an intent-based on-chain perpetual futures trading solution.
Marlin: Ethereum network user interface will be deprecated on June 15, and users need to cross-chain their tokens to Arbitrum.
Open Campus community has initiated a $10 million strategic validator node verification fund proposal vote.
Digital asset joint venture Marketnode has raised Series A funding with HSBC as the lead investor.
Open Campus community has initiated a $10 million strategic validator node verification fund proposal vote.
Nansen: DBS Bank currently holds 173,700 ETH, and the address has profited over $200 million from holding ETH.
A “seed capital investor” has purchased initial shares of BlackRock’s spot Ethereum ETF.
“Pakt,” a protocol for the blockchain business stack, has raised $750,000 in seed funding.
Vitalik: DAO means project, while official means scam.
Cyber’s second season of staking will end on June 3, and mainnet staking will go live on June 14.
Wu Jiezhuang: Hong Kong needs to embrace DAO and integrate it into Hong Kong law.
Huaxia Fund (Hong Kong): Actively exploring asset tokenization, STO, and compliant stablecoin ecosystem.
BlackRock has submitted a revised S-1 registration statement for its spot Ethereum ETF.
NYSE President: If regulatory situation becomes clearer, NYSE will consider offering crypto trading.
Galxe is building the L1 smart contract platform Gravity and plans to migrate all its products to the new blockchain.
US Congressman: The biggest opportunity for crypto legislation to become law is at the end of the year.
US Treasury: NFTs are prone to fraud and scams, and regulation on NFTs is recommended.
Fed’s Beige Book: Economic activity continues to expand, with modest growth in most regions.
Cathie Wood: Approval of Ethereum ETF is unexpected because cryptocurrencies have become an election issue.