Hong Kong crypto investment company Animoca Brands is planning to go public in New York. Co-founder Yat Siu said the Trump administration's loose regulation of crypto assets provides a "unique opportunity" to enter the world's largest capital market. Animoca was previously valued at nearly $6 billion, with an investment portfolio that includes companies such as OpenSea, Kraken and Consensys. Yat Siu said the company had not considered going public in the United States last year, but now "the U.S. market has become unmissable." Animoca said it is considering a variety of equity structures and the listing announcement "may be released soon."

As the market expands, OTC traders also face a series of compliance challenges.

Japanese listed company Metaplanet announced the issuance of $15 million in interest-free ordinary bonds to purchase additional BTC.

Dell has formally rejected a shareholder proposal that would have added Bitcoin to its treasury. In a May 9 response letter, Dell said proposals that "dig into complex matters that prevent shareholders from making informed decisions and thus improperly micromanage the company" could be excluded. The proposal's statement of support exposed the proposer's attempt to micromanage management's discretion in managing the company's cash and structuring its investments, arguing that Dell should consider replacing some of its cash and bonds with assets that can outperform inflation, such as Bitcoin. But staff have previously pointed out that stipulating the form of a company's investments would improperly limit management's discretion in ordinary business matters. Whether it requires investment in cryptocurrency assets or divests such assets, the proposal improperly limits management and the board's autonomy in managing the company.

GD Culture Group Limited (NASDAQ: GDC) and its subsidiary AI Catalysis Corp. announced that it has entered into a common stock purchase agreement with a qualified investor of a British Virgin Islands limited liability company for the sale of up to $300 million of its common stock. The proceeds from the financing will be used to support the company's crypto asset funding strategy, including the purchase of Bitcoin and the official Trump coin (TRUMP). Under the plan, subject to certain restrictions, GDC intends to use a significant portion of the proceeds from any share sale under the financing to acquire, hold for the long term, and integrate crypto assets into its core funding operations.

ZKsync Developers posted on the X platform that the official X accounts of ZKsync and Matter Labs have been stolen. Please do not interact with these accounts or click on any related links. Previously, ZKsync released suspicious links related to airdrops.

New York Mayor Eric Adams announced on Monday that he would host the first New York Crypto Summit on May 20, vowing to make New York the "global cryptocurrency capital." Adams said at a press conference that blockchain technology can provide inclusive financial services to communities outside the traditional financial system, and New York is becoming the most important crypto innovation center outside of Silicon Valley. The summit aims to build a platform for political and business dialogue, bringing together industry leaders to discuss the application of digital assets in economic development and public services. Adams emphasized that New York focuses on the long-term value of blockchain technology rather than short-term speculation, and advocates the formulation of a regulatory framework that protects investors without stifling innovation. Adams stressed that the city will be committed to cryptocurrencies for the long term and is not interested in short-lived trends such as Meme coins. Adams said that while the crypto industry believes that widespread adoption is inevitable, he stressed the need to develop balanced regulation that is strong enough to protect investors but not so strict that it hinders innovation and growth. He said: "Our state should embrace a cryptocurrency and blockchain-friendly environment like New York City. The right regulation can ensure safety, but excessive regulation can harm the industry - we don't want that to happen."

DeFi protocol Curve Finance issued a warning that its domain name system (DNS) was hijacked by hackers for the second time, and users were directed to malicious websites. On May 12, the Curve team posted a message on the X platform, reminding users that "curve.fi's DNS may have been hijacked, please do not interact." The team explained that the website pointed to the wrong IP address when the user visited. DNS is like a directory, responsible for converting domain names to IP addresses. The Curve team also said that the password is safe, two-factor authentication has been set up for a long time, and the domain name registrar has been contacted. Although the smart contract is currently safe, the domain name points to a malicious website, which may drain the user's wallet funds. The team is investigating and working hard to restore access, and has not yet found any vulnerabilities.

Paul Atkins, the new chairman of the U.S. Securities and Exchange Commission (SEC), announced on Monday a major change in the agency's approach to cryptocurrency regulation and detailed plans involving issuance and custody, marking a "new era" for the agency. Atkins said at the SEC's fourth crypto working group roundtable that the agency will abandon its past practice of formulating policies through ad hoc enforcement actions and adopt a more systematic regulatory framework. Atkins criticized the previous administration for adopting an "ostrich policy" and just shouting the slogan "Welcome to the SEC to talk" without adjusting basic requirements such as registration forms based on the particularity of crypto technology. Atkins revealed that the SEC is considering three key reforms: clarifying the identification standards for security tokens, updating custody rules to allow self-custody under certain conditions, and establishing a conditional exemption mechanism for new products.

The official TrumpMeme X account announced that the first TRUMP competition has officially ended. The top 220 ranking users will receive a notification about having dinner with US President Trump in the email address they registered when they signed up. TRUMP NFT will be issued to all ranking participants. In addition, the TRUMP reward points program has now been launched and users can start earning points by connecting their wallets.

Cryptocurrency exchange Coinbase (NASDAQ: COIN) will be officially included in the S&P 500 index on May 19, replacing Discover Financial Services. This is the first pure crypto company to be included in the benchmark index. Coinbase becomes the first cryptocurrency-focused company to be included in the S&P 500 index.