BlockBeats news, on May 25, according to DefiLlama data, the trading volume of DEX on the BSC blockchain reached $55.586 billion in the past week, an increase of 133%. In addition, the weekly trading volume of DEX on the Solana blockchain was $22.771 billion, a decrease of 14.84%, while the weekly trading volume of DEX on the Ethereum blockchain was $19.413 billion, an increase of 20.52%.

An Australian senator called Bitcoin a "Ponzi Scheme" and stated it "cannot be eaten," which was met with backlash from the Bitcoin community. ABIB indicated that this misunderstanding could lead to erroneous policy-making. Supporters defended Bitcoin's characteristics as a digital asset and a value storage tool.

Gate News bot message, according to Bloomberg, Tether CEO Paolo Ardoino announced that in the context of advancing stablecoin legislation in the United States, Tether will continue to focus on the development of overseas markets. Ardoino is closely following the specific provisions of the "Genius Act" for foreign issuers. Ardoino revealed that Tether is considering the issuance of a stablecoin that complies with new regulatory requirements to attract institutional investors. At the same time, the company is in discussions with the Big Four accounting firms regarding formal audit matters, with the review work currently being handled by BDO Italy. Regarding the plan for large banks to jointly issue stablecoins, Ardoino emphasized that Tether's target customer base is the 3 billion people globally who are unbanked.

According to BlockBeats news, on May 25, Token Terminal data showed that USDC usage on Ethereum reached an all-time high, with an outstanding supply of approximately 4 billion USD, monthly USDC transfer amount of about 635 billion USD, and around 7.2 million monthly transfer transactions.

According to ChainCatcher news and a report by Tech in Asia, as the number of stablecoin-related bills in the United States continues to increase, the Crypto Assets company Tether is shifting its business focus to overseas markets to cope with the increasingly strict regulatory environment.

Canada's second-largest pension fund CDPQ announced that it will invest an additional £8 billion in the UK over the next five years to support infrastructure development, planning to increase its asset allocation in the UK by 50%. CDPQ currently has investments of approximately £17 billion in the UK, including hydroelectric companies and offshore wind farms.

BlockBeats news, on May 25, according to DefiLlama data, the current total market capitalization of stablecoins across the network is reported to be 246.365 billion USD, with a rise of 1.02% over the past 7 days, of which the market share of USDT is almost unchanged from last week, at 62.25%.

Gate News bot message, at the New York Solana Accelerate event, ARK Invest CEO Cathie Wood gave a speech. She emphasized that the encryption exchange traded fund (ETF) will maintain its economic position over the next decade, which is unrelated to the adoption rate of encryption Wallets. Wood mentioned in her speech that the Ethereum spot ETF is limited in its market performance due to the lack of support for staking. She pointed out that Ethereum is the main entry point for new users to understand the smart contract ecosystem. In addition, Wood mentioned the issuance of the TRUMP memecoin on the Solana platform, which has raised concerns among some older institutional investors. Source: Cointelegraph

Cryptocurrency exchange-traded funds (ETFs) may maintain their position in the economy over the next decade, even as the adoption rate of cryptocurrency wallets continues to rise. ARK Invest CEO Cathie Wood believes that ETFs remain attractive to convenience-seeking investors, as cryptocurrency wallets are relatively complex and involve usage friction.

According to Gate News bot, Techinasia reports that Indian fintech startup Data Sutram has raised $9 million in Series A funding. This round of financing was co-led by B Capital and Lightspeed Ventures. Data Sutram specializes in AI-based fraud detection and risk scoring services, with a client base that includes banks, cryptocurrency platforms, and high-risk industries such as e-commerce. The company plans to use the financing to expand its team, upgrade its products, and expand its business in the Middle East and Southeast Asia.

Jin10 data reported on May 25, according to AFP news on the 25th local time, Ukrainian officials stated that Russian airstrikes in the Kyiv region resulted in 3 deaths. Earlier in the day, reporters heard explosions in Kyiv and air raid sirens were activated. The mayor of Kyiv indicated that the city is under drone attack, explosions occurred within the city, and air defense forces are at work, urging citizens to seek shelter. The mayor of Kyiv stated that the airstrikes have resulted in 6 injuries. There has been no response from the Russian side so far.

The Ethereum execution layer core developer meeting on May 25 discussed the launch of Fusaka Devnet-0, the scope of Fusaka EIP discussions, testnet strategies, and future plans. Specific topics included discussions on EIP-7825 and EIP-7918, testnet strategies aimed at long-term maintenance testnets, as well as decision-making and discussion agendas in future planning.

Golden Finance reported that Simon Gerovich, CEO of the Japanese listed company Metaplanet, stated on the X platform that Metaplanet's Bitcoin rating is 69.24 times, maintaining an extremely strong and flexible capital structure. The net asset value of the Bitcoins held by the company is far higher than its liabilities, ensuring that even if the price of Bitcoin falls to $2,000, all bonds can be covered. According to previously disclosed information, as part of the Bitcoin treasury strategy, Metaplanet has accumulated 7,800 Bitcoins, with a historical average purchase price of 13.51 million yen per coin.

BlockBeats news, on May 25, Solana co-founder Toly retweeted the project development vision published by the DoubleZero team members on the X platform, mentioning "IBRL". The same-named Token may be affected by this, briefly pumping 10%, with a current market capitalization of 45.59 million USD. BlockBeats reminds users that the price of related Tokens is highly volatile, and users should invest with caution.

According to Gate News bot, Ethereum developer Tim Beiko summarized the 212th Ethereum execution layer core developer meeting (ACDE), confirming that Fusaka Devnet-0 is set to launch on May 26. The meeting discussed several Fusaka EIP proposals: EIP-7825 sets the transaction Gas limit to 30M, while EIP-7918 anchors the Blob fee rate to the Base Fee to alleviate fee fluctuations. These two proposals have been confirmed to be included in Devnet-1, and other candidate EIPs will be considered in Devnet-2. In terms of testnet strategy, the development team decided to first fork Sepolia while retaining Hoodi for application testing and encouraging community participation in the long-term maintenance of the testnet. Regarding the follow-up arrangements, next week's CL Call will make a decision on EIP-7917, and the ACDE meeting two weeks later will determine the content of Devnet-2 and start discussions related to Glamsterdam. Source: Wu Says

According to Gate News bot, as reported by Wu Shuo, the Cetus team has released the latest developments on the hacker incident. Currently, some of the stolen funds remain frozen on the Sui chain, while the rest of the funds have been transferred off-chain. The team has adopted a dual approach to recovery: on one hand, negotiating with white hat hackers, and on the other hand, initiating legal proceedings. Meanwhile, the team proposed unlocking the frozen assets through PoS voting within the Sui community. Regarding service recovery, the aggregator function has been reopened, and the CLMM liquidity pools that were not affected by the attack will gradually resume operations after the data repair is completed. The development team is working on system data repairs while formulating compensation and fund recovery plans, and they promise to make every effort to compensate users for their losses.

BlockBeats news, on May 25, Whale James Wynn expressed his closing position remarks on the X platform, stating: "(Traders) need to know when to hold on, when to give up, when to leave, and when to get on board. Never count money at the table; after the trade is done, there is plenty of time to count the money." Previously, it was reported that Whale James Wynn had closed a long position worth $1.2 billion in BTC this morning, with a single loss of about $13.39 million.

According to Golden Finance, Glassnode stated on the X platform that there is a significant investor chip distribution for ETH around $2,800. As the price approaches this area, selling pressure may increase, as many holders who bought at higher prices may seek to drop risks near the breakeven point.

According to Crowdfund Insider, BNP Paribas Asset Management (BNPP AM) officially announced the launch of tokenized money market fund shares. The project will test cross-border transactions based on distributed ledger technology (DLT). In this project, the Allfunds blockchain is the technology provider, and BNP Paribas Securities Services is responsible for providing transfer agency and fund trading services.

According to BlockBeats news on May 25, @alicharts analysis suggests that Ethereum may test the lower limit of the previous range of oscillation at $2380 again.

Gate News bot message, Swiss luxury watch brand Franck Muller announced a collaboration with the public blockchain Solana to launch a limited edition watch series. This series has a limited issuance of 1,111 pieces, incorporating Web3 elements into the watch design. Each watch features a QR code embedded at the 12 o'clock position on the dial, allowing the holder to customize it to their personal Solana wallet Address. Source: Wu Says

PANews May 25 news, Swiss watchmaker Franck Muller launched a series of 1,111 watches linked to the Solana Wallet, with the binding done through a QR code on the watch. Each watch is individually numbered and priced at 20,000 Swiss Francs (approximately 24,356 USD).

According to Gate News bot, the Gate market shows that the ETH_USDT price has fallen below 2500 USDT, currently priced at 2493.42 USDT. The 24-hour drop is 1.69%.

A U.S. survey shows that most adults believe Trump's trade war negatively impacts family finances, with the costs of tariffs outweighing the benefits. Trump's "Liberation Day" tariff plan has triggered market unease, raising concerns that the U.S. may fall into recession.

Jin10 Data reported on May 25 that on May 24 local time, Musk posted on social media platform X that due to X, xAI, and TSL being in a critical technology release period, and with the Starship launch next week, he has now returned to a full-time work state. Previously, Musk's social platform X experienced a large-scale outage on the morning of the 24th, and services have basically been restored. Last year, Musk invested nearly $300 million to support Trump and several Republican candidates, and on the 20th, he stated that he would significantly reduce political donations, indicating that he is shifting his focus back to his own business landscape to address investors' concerns about his divided attention.

Jin10 Data reported on May 25th that on the 24th local time, the Israel Defense Forces stated that all regular infantry brigades and armored brigades of its army have now been deployed to the Gaza Strip. This indicates that Israel is preparing to further intensify its offensive against Hamas. Currently, in addition to the Golani Brigade, Paratroopers Brigade, Givati Brigade, Commando Brigade, Young Lions Brigade, Nahal Brigade, 7th Armored Brigade, 188th Armored Brigade, and 401st Armored Brigade, a small number of reserve forces have also entered Gaza. It is reported that the Israel Defense Forces had previously announced that five divisions are operating in Gaza, with a total strength of tens of thousands.

Gate News bot消息，据@EmberCN监测数据显示，交易员James Wynn在5月25日清晨6:40至7:27期间，用时47分钟清空了约12亿美元的Bitcoin多头仓位。此次交易的开仓均价为108,921美元，Close Position均价为107,746美元，单次交易亏损约1,339万美元。 Data shows that James Wynn recently made multiple Enter a Position and Close Position operations, accumulating a profit of approximately 8.45 million dollars. Source: Wu Says

Whale trader James Wynn completely closed a long position of BTC with a single loss of 13.39 million USD this morning, totaling 1.2 billion USD. The average opening price was 108,921 USD, and the average closing price was 107,746 USD. However, based on multiple past trading records, the overall net profit is approximately 8.45 million USD.

Golden Finance reports that Whale trader James Wynn has completely closed all positions of his $1.2 billion BTC long positions on Hyperliquid.

Trump stated at the West Point graduation ceremony that he would not cut the U.S. defense budget by $1 trillion and emphasized that no amount would be reduced. The budget will increase by nearly 12% starting in the 2026 fiscal year, entering the "trillion-dollar defense budget era."

Gate News bot news, according to Gate market data, the BTC_USDT price has fallen below 108000 USDT, with the current price at 107939.9 USDT. The 24-hour decline is 0.00%.

Golden Finance reported that U.S. Treasury Secretary Bessent stated on the program that the U.S. will vigorously develop digital assets. Blockchain is the most important financial technology of this era, and under the leadership of President Trump, the U.S. will become the global leader in this new frontier of finance. The U.S. is already working on formulating the next-generation framework to support innovation, security, and economic dominance in the digital asset space.

According to a report from Golden Finance, data from the DeFilama platform shows that as of May 25, the supply of USDe has reached 5.204 billion, setting a new historical high, with a growth rate of 4.72% over the past 7 days.

According to Golden Finance, DefiLlama data shows that the total market capitalization of stablecoins rose by 0.95% in the past week, currently reported at 246.119 billion USD. Among them, the total market capitalization of USDT increased by 1.01%, currently reported at 153.334 billion USD, with a market share of 62.30%.

Today, two whales purchased 292,934 HYPE tokens, worth 10.09 million USD. Address 0x24aB spent 8.09 million USD in the past 8 hours to buy 235,553 HYPE at an average price of 34.35 USD; address 0xFa0F spent 2 million USD in the past hour to buy 57,381 HYPE at an average price of 34.85 USD.

According to Gate News bot, the New York Post reported that New York police arrested 37-year-old crypto assets investor John Woeltz and his 24-year-old female accomplice in downtown Manhattan. The two are suspected of kidnapping and torturing an Italian tourist. According to sources, Woeltz imprisoned the victim in an upscale apartment in SoHo for more than two weeks. At the scene, police found multiple Polaroid photographs documenting the abuse, including images of the victim being pointed at gunpoint. The victim was kidnapped and abused on May 6 after being lured to his apartment for a business transaction in order to gain access to his financial account, which amounted to millions of dollars. When the victim escaped, he stated that Woeltz planned to kill him. According to TheBlock, Woeltz was involved in early investments in Bitcoin, and his GitHub account has been inactive since 2020. Currently, Woeltz is facing charges of second-degree assault, kidnapping, unlawful imprisonment, and illegal possession of a firearm, while his female accomplice is charged with kidnapping and unlawful imprisonment.

John Woeltz, a 37-year-old U.S. cryptocurrency investor, and a 24-year-old suspected female associate are accused of illegally detaining and torturing a 28-year-old Italian businessman in an upscale apartment in Manhattan, New York, for more than two weeks in an attempt to obtain the password to his crypto account. The victim arrived in New York on May 6 to meet with Woeltz, with whom he had been doing business, before being seized of his passport and subjected to electric shocks, drug coercion, chainsaw threats, and other abuses. It is reported that the police found multiple Polaroid photos of the victims being tied up and tortured at the scene, as well as guns, chainsaws and other tools. The victim eventually escaped on May 23 and called the police. John Woeltz has been charged with multiple counts of first-degree kidnapping, false imprisonment, assault and unlawful possession of a weapon, and the investigation is ongoing. （The Block）

According to Jinse Finance, a report from Scam Sniffer monitoring shows that an Address upgraded to EIP-7702 lost $146,551 in a phishing attack due to malicious bulk transactions.

Odaily News Musk stated on the X platform: "I am back to working 24 hours a day, sleeping in the conference room/server/factory room. I must highly follow X/xAI and TSL, as we have key technologies being launched. This week’s X uptime issues indicate that significant operational improvements are needed. Failover redundancy should have been effective, but it has not worked in practice."

Odaily News Elon Musk stated on the X platform: "I have returned to a state of working 24 hours a day and sleeping in the conference room/server/factory room. I must pay close attention to X/xAI and TSL, as we have key technologies being launched. This week’s uptime issues with X indicate that significant operational improvements are needed. Failover redundancy should have been effective, but it has not worked in practice."

BlockBeats news, on May 24, Musk changed the X avatar to a concept image of "xAI", consistent with the style of "xAI / Grok - TO UNDERSTAND" in his background image. Previously, his avatar was a concept MEME image of "Kekius Maximus".

Odaily News Elon Musk has changed his X account name back to Elon Musk.

Odaily News According to monitoring by Onchain Lens, a certain Whale has been continuously increasing their holdings of HYPE, having spent a total of 8.04 million USD to purchase 235,553 HYPE at an average buying price of 34.17 USD.

Odaily News According to Onchain Lens monitoring, a Whale continues to increase its HYPE holdings, having spent a total of 8.04 million dollars to acquire 235,553 HYPE, with an average purchase price of 34.17 dollars.

BlockBeats news, on May 24th, according to Downdetector monitoring, the X platform is suspected to have encountered a large-scale network outage, starting at 8:42 PM, over 25,000 users reported abnormal network issues.

Odaily News According to Downdetector.com, Elon Musk's social media platform "X" experienced outages for tens of thousands of users in the United States on Saturday. According to Downdetector, as of 8:39 AM Eastern Time, more than 25,000 people reported issues with the social media platform. (Jin10)

PANews news on May 24th reported by Jin10 indicates that as of 8:35 AM Eastern Time, over 25,054 US users have encountered issues on the social media platform "X".