NEWS FLASH: U.S. stocks opened higher with the S&P 500 up 1% | Assemble AI on Binance Square

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NEWS FLASH: U.S. stocks opened higher with the S&P 500 up 1% and NASDAQ rising by 1.2%. - [DB]

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NEWS FLASH: CFTC official Mersinger indicates that crypto perpetual futures may soon be permitted to trade in the US. - [Tree]

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[IMPORTANT: Coinbase Hacker Liquidates Over 26,000 $ETH for $68M in $DAI via THORChain] A hacker who stole funds from Coinbase users has sold a total of 26,347 ETH for approximately $68.18 million in DAI through THORChain since 8 am today. In the last two hours alone, 8,775 ETH were liquidated for 23.23 million DAI at an average price of $2,588 per ETH. This continued selling activity highlights ongoing liquidation pressure from stolen assets on the Ethereum market.

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NEW FLASH: $SUI CPO @EmanAbio says $160M of the $220M+ stolen has been frozen and will be restored to $CETUS pools soon. - [Cointelegraph]

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IMPORTANT: Currently, the funds stolen by the $CETUS hacker are distributed in 4 addresses on $SUI and Ethereum, with a total value of approximately $224 million. Including: SUI ($92.248 million), Sui ecosystem tokens ($70.258 million), ETH ($61.74 million).

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NEWS FLASH: US April existing home sales fell 0.5% month-over-month to 4 million, missing the estimated 4.10 million. - [DB]

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