According to Onchain Lens, in the past two days, a whale spent $1.87 million to buy 60.03 million MIRA at an average price of $0.031. Currently, these MIRA are worth $486,000, and the whale faces a loss of about $1.38 million.

Nate Geraci, president of The ETF Store, tweeted that five institutions have applied for crypto ETFs in the past 48 hours.

According to on-chain analyst Ember, ETH/BTC long James Fickel sold 6,429 ETH (US$21.45 million) for 227 WBTC 4 hours ago to pay off all WBTC loans. James Fickel has been long on ETH/BTC for a whole year and lost US$68.84 million (20,632 ETH).

Nate Geraci, president of The ETF Store, tweeted that ProShares has applied to launch a Bitcoin hedge ETF based on the S&P 500, Nasdaq 100 and gold.

Solana co-founder Stephen Akridge is being sued by his ex-wife Elisa Rossi, accusing him of stealing "millions of dollars" in rewards generated by SOL staking and seeking claims including breach of contract, unjust enrichment and fraud. According to the complaint, Stephen Akridge "took advantage of the huge difference in his expertise in cryptocurrency and blockchain" to secretly obtain Elisa Rossi's staking rewards. Although Elisa Rossi mentioned "significant amounts" in her request to the court to keep parts of the lawsuit confidential, the value of the tokens at issue in the lawsuit was not disclosed. Elisa Rossi said that from early March to mid-May, the accounts "were operated and controlled by Stephen Akridge.

Nate Geraci, president of The ETF Store, tweeted that Volatility Shares has submitted an application to the US SEC for an exchange-traded fund (ETF) based on Solana futures, covering 1x, 2x and -1x leverage exposure. Volatility Shares has actively promoted the SEC to launch an Ethereum futures ETF.

Galaxy Research releases 2025 forecast report covering Bitcoin and Ethereum prices, DOGE, stablecoins, DeFi, L2s, policies, VC, and more.

The U.S. Internal Revenue Service (IRS) has finalized rules requiring DeFi brokers to report gross proceeds from digital asset sales and provide customers with 1099 forms that collect user transaction information, including name and address. The Treasury Department noted that the final rule applies to "front-end service providers" that interact "directly with customers," meaning the entity that runs the main website used to access decentralized protocols, not the protocol itself. According to the document, the rule is expected to take effect on or after January 1, 2027. The idea of strengthening tax enforcement for digital asset service providers first appeared in the Infrastructure Investment and Jobs Act passed in 2021 to help pay for spending authorized by the bill.

According to a statement from the Montenegrin Ministry of Justice, Minister of Justice Bojan Božović has signed a decision to extradite Terraform Labs founder Do Kwon to the United States. At the same time, South Korea’s extradition request was rejected.

OpenAI announced that its board of directors is evaluating the corporate structure and transforming the existing for-profit division into a Delaware public benefit corporation (PBC) to balance the needs of shareholders, stakeholders, and the public interest while providing stronger resource support for the non-profit division.

In the future, more and more large projects will embrace Kaito, screen contributors based on their respective lists and conduct airdrops.

The National Bank of Cambodia (NBC) announced that it would allow commercial banks and payment institutions to provide services related to stablecoins and asset-backed cryptocurrencies, but unbacked assets such as Bitcoin are still prohibited. The new regulations require institutions to obtain approval before they can carry out crypto asset exchange, transfer and custody services, and prohibit the use of customer assets.

Murad Mahmudov, as a witness and analyst of this trend, proposed the concept of "Meme Coin Super Cycle". In his view, Meme Coin is not just a pure speculative tool, but the most powerful user popularization engine in the crypto world. He deeply analyzed the key factors for the success of Meme Coin and elaborated on how to promote the growth of these projects through social media and community power.

The Bitget team released a new version of the BGB white paper and announced the introduction of a repurchase and destruction mechanism. For the first time, 800 million BGB held by the core team will be destroyed, and the total supply of BGB will be reduced to 1.2 billion, and 100% will be fully circulated. Subsequently, Bitget will repurchase and destroy BGB with 20% of its profits every quarter.