🔥 Hot Events

1️⃣ U.S. lawmakers continue discussions on the Senate stablecoin bill, negotiations are "90% complete"

2️⃣ The SEC is investigating whether Coinbase inflated user numbers before its IPO in 2021

3️⃣ FTX will begin distributing over $5 billion to creditors on May 30 under its bankruptcy plan

4️⃣ A U.S. court dismissed the SEC's motion for a settlement with Ripple due to procedural errors

📖 Project Updates

1️⃣ In April, the trading volume of stablecoins on the Ethereum chain reached $908 billion, a record high

2️⃣ The Trump family project WLFl spent 3 million USDT to acquire 3.63 million EOS

3️⃣ Zhao Changpeng: MGX completed a $2 billion investment in Binance using USDT, unrelated to the TRUMP token

4️⃣ Abraxas Capital significantly increased its ETH holdings, adding over $650 million in the past ten days

📆 Upcoming Events

1️⃣ May 29: U.S. GDP revision (20:30)

2️⃣ June 2: U.S. May ISM Manufacturing Index (22:00)