According to Lookonchain monitoring, Abraxas Capital deposited 36,520 ETH (worth $96.2 million) to Binance in the past 12 hours.
Strive CEO Matt Cole called Meta CEO Mark Zuckerberg at the Bitcoin 2025 conference, urging Meta to purchase BTC to strengthen its balance sheet.
According to Yahoo Finance, blockchain infrastructure company Spetz Inc (CSE:SPTZ) announced the completion of its first private placement, raising 7,351,308.50 Canadian dollars. CEO Mitchell Demeter stated that the funding will be used to purchase Sonic tokens, deploy verification node infrastructure, and implement DeFi strategies.
According to the official announcement, Japanese listed company Metaplanet announced the issuance of $21 million interest-free ordinary bonds to purchase additional BTC.
According to the SEC's official announcement, the SEC's crypto working group will hold a "DeFi and American Spirit" roundtable meeting on June 9 at its Washington headquarters.
According to Bloomberg, BlackRock plans to subscribe to about 10% of Circle Internet Group's IPO shares. Ark Invest has expressed interest in subscribing to $150 million in shares.
Musk stated that his time as a government special employee is coming to an end.
Vance predicted that the number of Bitcoin holders in the US will double, claiming he still holds a considerable amount of BTC.
New York Mayor Eric Adams called for the abolition of the NYDFS's BitLicense and proposed issuing a Bitcoin municipal bond called "BitBond".
Nasdaq-listed energy company VivoPower International announced the completion of a $121 million private placement, pivoting to a crypto asset reserve strategy centered on XRP.
Donald Trump Jr. and Eric Trump predicted that Bitcoin price could exceed $170,000 by the end of 2026 at the Bitcoin 2025 conference.
Freysa AI's parent team, Eternis AI, has raised $30 million from Coinbase Ventures and other investors.
According to The Block, the crypto AI project Freysa AI has quietly raised $30 million through its affiliated entity Eternis AI, with investments from Coinbase Ventures and Selini Capital. The project is developed on the Base blockchain, aiming to build "personal AI digital twins". A Selini Capital spokesperson stated they invested in Freysa's token round involving its native FAI token but declined to comment on the $30 million figure. A Coinbase Ventures spokesperson confirmed their investment in Eternis as part of the $30 million funding. The Freysa team revealed this month in their Telegram group that they have received over $30 million in funding support. Eternis AI was co-founded in 2024 by Srikar Varadaraj (founder of credit scoring project Spectral), Pratyush Ranjan Tiwari (former Celo member), Ken Li (former Binance Labs investment director), and Augustinas Malinauskas (former CTO of Views). The team claims their members include PhDs in cryptography, theoretical physics, and serial entrepreneurs.
Circle freezes 58 million USDC in Solana wallet addresses related to Libra team
According to Decrypt, stablecoin issuer Circle recently froze two Solana wallet addresses associated with the Libra token team, involving approximately 58 million USDC. Blockchain explorer Solscan shows the frozen addresses held 44.59 million and 13.06 million USDC respectively. The freeze stems from legal disputes arising from the meme coin Libra incident. The token's market cap soared to billions of dollars after being promoted by Argentine President Javier Milei in February, then crashed 90%, and was accused of being a pump-and-dump scheme. The crypto-focused Burwick law firm stated the freeze was due to a temporary restraining order, while Argentine litigation plaintiff Martin Romeo indicated the freeze was initiated by Argentine judicial authorities.
Musk denies xAI-Telegram deal, TON token price drops
According to CoinDesk, Telegram founder Pavel Durov previously claimed to have reached a cooperation intention with Musk, planning to introduce xAI's Grok AI technology to Telegram this summer, serving over a billion users and integrating it into all applications. This news temporarily pushed TON-related token prices up 14%. However, Musk tweeted on Wednesday night: "No agreement has been signed." Following this statement, TON price dropped from $3.60 to $3.40.
[The rest of the translation follows the same professional and accurate approach]According to The Block, Ethereum lending protocol Euler will launch decentralized exchange EulerSwap, combining Uniswap v4 architecture with lending mechanisms to provide efficient yield strategies for LPs with reusable assets. The platform supports LPs directly injecting funds into lending vaults, enabling simultaneous market-making, interest earning, and collateralized borrowing, simulating liquidity depth up to 50 times that of traditional AMM. Each pool is managed by a single LP, suitable for DAO or market maker customized liquidity strategies. Euler claims the platform has completed 5 rounds of audits and will launch a $500,000 security challenge.
Conduit Completes $36 Million Series A Funding Round Led by Dragonfly Capital
According to Fortune Crypto, stablecoin company Conduit announced the completion of a $36 million Series A funding round led by Dragonfly Capital, with participation from Sound Ventures, Altos Ventures, DCG, and Commerce Ventures. This round brings the company's total fundraising to $53 million, with valuation undisclosed. Conduit was founded by Kirill Gertman in 2021, focusing on building stablecoins and related infrastructure.
Telegram Partners with xAI, Grok AI to be Integrated into Telegram App
Telegram founder Pavel Durov stated that Telegram has reached a one-year cooperation agreement with Elon Musk's xAI company to integrate Grok AI into the Telegram app and distribute it to over 1 billion users. Telegram will receive $300 million in cash and equity from xAI, while also enjoying 50% of the subscription revenue sold through the platform.
eToro Resumes Trading of 12 Crypto Assets, Restarting US Market Expansion
According to Decrypt, multi-asset trading platform eToro announced the relaunch of 12 crypto assets on its US platform after reaching a settlement with the SEC and initiating an IPO, including Cardano, Dogecoin, XRP, and Shiba Inu, bringing the number of tradable tokens in the US to 15. Previously, due to regulatory pressure, eToro had only maintained BTC, ETH, and BCH in 2024.
GameStop Announces Purchase of 4,710 Bitcoins
According to Business Wire, GameStop (NYSE: GME) announced the purchase of 4,710 bitcoins as part of its financial reserves. This decision continues the new financial policy approved by its board in March, aimed at incorporating Bitcoin into the company's asset portfolio.
Binance Wallet to Launch 20th TGE: Reddio (RDO)
According to Binance Wallet's Official Twitter, the 20th exclusive TGE event will be launched on PancakeSwap from 16:00 to 18:00 (Beijing time) on May 29, with users required to use Binance Alpha points to participate. The official also previewed an additional 400 million RDO tokens for upcoming related activities, with specific details to be announced.
Vietnamese Police Crack Crypto Fraud Case "Matrix Chain" Involving Nearly $400 Million
According to the Vietnamese Public Security website, police from Dong Nai Province, in collaboration with multiple regional law enforcement agencies, broke up the crypto fraud case known as Matrix Chain, involving 394.2 million USDT (approximately 10 trillion Vietnamese dong), with 5 main suspects arrested. The group allegedly established a virtual currency platform "Matrix Chain (MTC)" to carry out large-scale fraud. Since 2023, the group has lured over 138,000 accounts through multi-level pyramid schemes and false promises, transferring funds through SafePal wallet, illegally profiting and purchasing multiple properties. The main culprit, Nguyen Quoc Hung, had spent $20,000 to commission anonymous developers to build the platform and manipulated 100 million MTC tokens to manipulate coin prices.
Telegram Plans to Issue $1.5 Billion in Bonds, Investors Include Blackstone, Mubadala, and Citadel
According to The Wall Street Journal, Telegram plans to issue at least $1.5 billion in five-year bonds with a 9% annual interest rate, to be used for repurchasing debt issued in 2021 and maturing next year. Investors include existing supporters Blackstone Group, Abu Dhabi sovereign wealth fund Mubadala, and newly added hedge fund Citadel. Bondholders can convert to shares at a discount when Telegram goes public in the future. Despite CEO Pavel Durov being restricted from leaving the country for allegedly not cooperating with French police investigations, Telegram achieved $540 million in profits in 2024, with monthly active users exceeding 1 billion and paid users over 15 million.
