Odaily Planet Daily News Eric Trump, son of US President Trump, called Bitcoin "digital gold" at the Consensus 2025 conference, revealing that he entered the crypto field for political reasons. He said that when the political attacks on the Trump family spread to the crypto community, it prompted the two sides to form an alliance. American Bitcoin, a Bitcoin mining company co-founded by Eric, plans to go public through a merger with Gryphon Digital Mining. Eric Trump pointed out limitations such as poor liquidity in real estate and recognized the easy circulation of Bitcoin. The CEO of Hut 8 revealed that the merger was to quickly realize the listing of American Bitcoin, and the company name deliberately included the keywords "US" and "Bitcoin". Eric Trump is currently the chief strategy officer of the mining company, and the project is the result of cooperation with Hut 8. (CoinDesk)

Not all FTX account holders will be compensated in the second distribution, but the trust said it will send more than $5 billion “within 1 to 3 business days” after May 30.

According to Foresight News, U.S. Senate Majority Leader John Thune has officially filed a motion to end the debate on the GENIUS Act, with a vote scheduled for May 19. Senate insiders have disclosed that the amendments include explicit prohibitions on the misuse of FDIC insurance and enhanced bankruptcy protection clauses to garner bipartisan support. The outcome of this vote will directly influence the regulatory direction of the United States in the digital asset sector. Previously, Foresight News reported, citing crypto journalist Eleanor Terrett, that the Senate received a bipartisan amendment text for the GENIUS Act concerning stablecoins. According to two informed Senate sources, the amendment introduces new changes in consumer protection, bankruptcy, and ethical considerations.

According to PANews, the U.S. Department of Justice has charged 12 individuals in connection with a $263 million cryptocurrency fraud network allegedly orchestrated by Malone Lam. The group is accused of employing tactics such as social engineering scams, database breaches, and physical theft of hardware wallets. Lam himself faces charges for a single fraud amounting to $230 million. Currently, 10 of the defendants have been apprehended, while two accomplices remain at large in Dubai. The indictment outlines the group's operations, which included target selection, phone scams, money laundering, and physical theft. Lam reportedly monitored victims' iCloud data remotely and directed associates to conduct burglaries. Records from August 2024 indicate the group stole 4,100 bitcoins, valued at $385.4 million at the time, through peer-to-peer scams. In September of the previous year, ZachXBT revealed that individuals known as Greavys (Malone Lam), Wiz (Veer Chetal), and Box (Jeandiel Serrano) were implicated in a sophisticated social engineering attack, resulting in the theft of $243 million from a Genesis creditor on August 19, 2024.

Odaily Planet Daily News According to Lookonchain monitoring, Wintermute received 10 million MIRAI (approximately US$105,000) 7 hours ago. Wintermute is the market maker of the token.

Odaily Planet Daily News According to CNBC, federal prosecutors in Washington, D.C., have charged 13 men with a broad conspiracy to identify victims with large amounts of cryptocurrency, steal those assets, and then launder the proceeds. According to a superseding indictment obtained by CNBC on Thursday, the victims' cryptocurrency in this case was stolen, worth more than $265 million. The 13-person gang includes Americans and foreigners, who spent lavishly after stealing crypto assets, including spending $9 million on luxury cars, $4 million on nightclubs, and multiple rental properties. One of the defendants is 20-year-old Singaporean Malone Lam, who was previously arrested and charged for one of the largest thefts, which stole about $245 million worth of Bitcoin from a man in Washington, D.C. in mid-August. The indictment alleges that Lam used the money to buy more than 30 luxury cars, including Ferraris, Lamborghinis, Mercedes G wagons, a Rolls-Royce, a McLaren, and a Pagani. He also allegedly purchased a $2 million watch.

الرؤى الرئيسية: تُظهر الآن العملات الرقمية البديلة الرئيسية سولانا (SOL) وريبل XRP علامات مماثلة على ثقة المستثمرين. فوفقًا لبيانات السوق، ارتفعت تدفقات رأس المال إلى كلا الأصلين الرقميين بنسبة تتراوح بين 4 إلى 5% خلال الشهر الماضي. يُمثل هذا الاتجاه تحولاً بالنسبة لسولانا، والذي يعكس سلسلة طويلة من التدفقات الخارجة source: https://www.thecoinrepublic.com/ar/2025/05/15/%d8%aa%d8%af%d9%81%d9%82%d8%a7%d8%aa-%d8%b3%d9%88%d9%84%d8%a7%d9%86%d8%a7-%d9%83%d8%a7%d8%a8%d9%8a%d8%aa%d8%a7%d9%84-%d8%b3%d9%88%d9%84%d8%a7%d9%86%d8%a7-%d8%aa%d8%aa%d8%b7%d8%a7%d8%a8%d9%82-%d9%85/

Coinbase, one of the biggest names in crypto, is dealing with a serious mess. A recent cyber attack targeted the company’s internal systems through a mix of deception and insider manipulation. The Coinbase hack wasn’t just another phishing attempt. It involved insiders, stolen data, and a potential $400 million fallout source: https://99bitcoins.com/news/exchanges/coinbase-hacked-up-to-400m-at-risk-after-insider-scam/

Odaily Planet Daily News According to The Defiant, the Russian Central Bank has rated Bitcoin as the best performing asset in the Russian financial market in April 2025, with Bitcoin prices rising 11.2% that month. The bank also emphasized that Bitcoin's performance so far this year has also topped the list, with a return rate of 17.6%, surpassing stocks, bonds and gold. Despite a short-term volatility drop of 18.6% in Bitcoin between January and April 2025, Bitcoin has been recognized as the world's best performing investment product since 2022, with a cumulative return rate of 121.3%. In the past year, Bitcoin has been recognized by the Russian Central Bank as the most profitable investment product with a return rate of 38%. Since 2022, Bitcoin's cumulative return rate has reached 121.3%, significantly surpassing traditional assets such as gold, stocks and the S&P 500 index. This recognition comes at a time when institutional interest in Bitcoin is unprecedentedly high.

Odaily Planet Daily News According to Cryptoslate, U.S. District Court Judge Analisa Torres rejected the settlement motion jointly submitted by the SEC and Ripple. The motion seeks the court to lift the injunction in the August 2024 judgment and approve the release of $50 million of the $125 million civil penalty escrow to be paid to the SEC, and the remaining funds to be returned to Ripple. The judge determined that the application did not follow the procedural requirements of Rule 60 of the Federal Rules of Civil Procedure. Ripple's chief legal officer said it would resubmit a settlement application that complies with the rules. Legal experts analyzed that both parties need to explain the reasons for the settlement in detail according to the Rule 60 standard, including the basis for the SEC's decision to abandon other charges, and the complete process is expected to take 3-5 weeks. The judge emphasized that this rejection was only for procedural defects and did not involve a substantive review of the content of the settlement.

Odaily Planet Daily News According to Coingape, U.S. Senate Majority Leader John Thune has formally submitted a motion to end the debate on the GENIUS Act, which is scheduled to be voted on May 19. This stablecoin regulatory bill requires that issuers with assets exceeding $10 billion be regulated by the Federal Reserve, and small institutions be regulated at the state level; all stablecoins must be fully backed by assets such as US dollars or treasury bonds. The latest bipartisan amendment proposes to add three clauses: 1) Stricter rules for technology companies to get involved in financial assets; 2) Strengthen consumer protection mechanisms; 3) Strengthen supervision of government officials (including Musk and others). The House of Representatives has previously passed a similar "STABLE Act", requiring stablecoin issuers such as USDT to operate in full transparency. If the bill is passed, it will become the first federal legislative framework for stablecoins in the United States. Senate sources revealed that the amendments include an explicit prohibition on the abuse of FDIC insurance and strengthening bankruptcy protection clauses to win cross-party support. The results of this vote will directly affect the direction of U.S. regulation in the field of digital assets.

Ondo has already moved assets such as U.S. Treasury bonds and money market funds onto the chain and integrated them into DeFi gameplay.

Golden Finance launches "Golden Web3.0 Daily" to provide you with the latest and fastest MEME, DeFi, DAO, NFT and Metaverse industry news.

Today, we will not discuss technical details, but will peel off the emperor's new clothes and talk about the 10 most heartbreaking truths in the RWA circle. Fasten your seat belts and let's get started.

When we talk about payment vision and PayFi narrative, we don’t realize that crypto payments with stablecoins as the core have quietly advanced to the stage of application implementation.

From Meme coins to CS:GO accessories, the story of cyber speculation will never end.

A new meta-narrative is emerging: loud, fast, and speculative. It’s called Internet Capital Markets (ICM).

Although the logic supporting the reversal of ETH’s trend is still weak, the improvements in fundamentals and funding brought about by the Pectra upgrade can at least support Ethereum to return to the valuation center of 2800-3200.

After being accused of being Woke, Elon Musk’s xAI chatbot Grok is determined to prove that he isn't woke by spurring out white genocide rhetoric in South Africa, even in replies on unrelated topics.

The battle of the Bitcoin reserve giants has expanded beyond just companies competing to accumulate BTC.