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Elon Musk changed his Twitter avatar to Kekius Maximus, a meme token, and modified his username, leading to a rapid rebound in the KEKIUS token on
Ethereum
. According to the latest data, KEKIUS surged 136.24% in the past 4 hours.
#ETH
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On May 16, U.S. spot Bitcoin ETFs recorded a total net inflow of $260 million, marking three consecutive days of net inflows. Spot Ethereum ETFs saw a total net inflow of $22.117 million, with none of the nine ETFs experiencing net outflows. https://sosovalue.com/zh/assets/etf/us-btc-spot
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Sequoia Capital managing partner Roelof Botha’s personal information was stolen in a hacking incident against Coinbase, including his phone number, address, and sensitive information related to his Coinbase account. https://www.bloomberg.com/news/articles/2025-05-16/sequoia-capital-partner-s-data-hacked-as-part-of-coinbase-breach
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According to Bloomberg, Binance and Kraken faced social engineering attacks similar to those targeting Coinbase but successfully prevented customer data breaches. Sources report that hackers attempted to bribe Binance customer service staff, directing them to a specific Telegram account, but Binance’s AI system detected and blocked the attempts.
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Eric Council Jr. of Alabama was sentenced to 14 months in prison and ordered to forfeit $50,000 for conducting a SIM swap scheme to gain unauthorized access to the SEC’s X account and post a fraudulent Bitcoin ETF approval statement on January 9, 2024, causing Bitcoin’s price to temporarily surge by over $1,000.
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DeFi Development Corp. announced a partnership with Solana-based memecoin community BONK to co-manage a validator and plans to integrate BONK’s liquid staking token BONKSOL. Additionally, the company acquired 16,447 SOL tokens, bringing its total holdings to 609,190 SOL, valued at approximately $107 million.
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