What important events happened this week (5.27-6.2)?"
1. Trump was found guilty of all 34 felony charges
ChainCatcher reported that according to Cailian Press, a New York court jury responsible for the "hush money" case of former US President Trump made a ruling on May 30 local time, declaring that all 34 felony charges of falsifying business records in this case were established.
New York prosecutors alleged that during Trump's 2016 campaign for the US presidency, he commissioned Cohen to pay porn star Daniels (real name Stephanie Clifford) $130,000 in "hush money" to prevent the latter from claiming that she had an affair with Trump in 2006 and affecting her election campaign.
Trump subsequently falsified business records and returned Cohen's advances in installments under the name of "attorney fees" to cover up his violations of New York State and federal election laws. According to previous reports, the jury must make a unanimous decision in this case.
2. Vitalik released his views on the Bitcoin block size dispute, supporting the "big block" side
According to ChainCatcher, after reading two books about the Bitcoin block size dispute in the 2010s, "The Blocksize War" and "Hijacking Bitcoin", Vitalik published an article to put forward some of his own thoughts on the Bitcoin block size dispute. Vitalik said that when he personally experienced the Bitcoin block size dispute, he usually stood on the side of the big blockers, and his sympathy for the big blockers was mainly concentrated on the following key points:
One of Bitcoin’s key original promises was digital cash, and high fees could kill that use case.
It does not believe in the “meta-level” stories of the small block side.
The Segregated Witness proposal by the small block party is intended to increase the block size slightly, which is overly complex and unnecessary compared to a simple hard fork block size increase.
The small block party is indeed engaging in very inappropriate social media censorship to impose their views.
3. BitDeer completes $150 million in private equity financing
According to ChainCatcher, BitDeer announced on its official website that it has completed a $150 million private placement. BitDeer Technology Group has reached a subscription agreement with Tether International Limited ("Tether") to issue 18,587,360 Class A common shares and purchase warrants for up to 5,000,000 shares at a price of $10.00 per share. The private placement was completed on May 30, 2024.
The transaction generated $100 million in gross proceeds from the stock issuance, with the potential for an additional $50 million if the warrants are fully exercised. The warrants are subject to customary anti-dilution provisions reflecting stock dividends and spin-offs or other similar transactions, as well as weighted average anti-dilution protection from the issuance of common stock or common stock equivalents at a per share consideration that is less than the initial exercise price of the warrants. The warrants are exercisable at Tether’s discretion within 12 months of the closing of the transaction.
Bitdeer intends to use the net proceeds from the Private Placement to fund its data center expansion, ASIC-based mining equipment development, as well as for working capital and other general corporate purposes.
4. RootData: 33 projects with potential TGE expectations in the next quarter, involving a total valuation of US$8.47 billion
According to ChainCatcher, according to a study published by Web3 asset data platform RootData on the X platform, 33 projects in 7 popular sectors, including re-staking, Layer2, RWA, and Depin, may conduct TGE in the next quarter. The total financing of these projects is US$1.06 billion, and the total valuation is US$8.47 billion.
In addition, according to public data statistics, among the projects launched on Binance in the past year, MEME projects were launched most frequently, with 5 launches. The next most frequent projects were cross-chain, Layer2, re-staking, NFT, games, and artificial intelligence, each with 3 launches.
#BTC走势分析 As the market enters the second half of the year, the expected interest rate cut will intensify market competition, and project owners and exchanges are making necessary strategic adjustments. Teams and investors of high FDV projects may pay special attention to whether the project can be successfully launched on large exchanges.
5. NYSE President: If the regulation is clearer, NYSE will consider providing cryptocurrency trading services
ChainCatcher reported that according to CoinDesk, at the Consensus 2024 conference, Lynn Martin, president of the New York Stock Exchange (NYSE), said that if the regulatory environment for cryptocurrency trading becomes clearer, the NYSE will consider providing cryptocurrency trading services.
She noted that U.S.-listed spot Bitcoin ETFs have accumulated $58 billion in assets, showing strong market demand for regulated crypto products.
Martin and Bullish crypto exchange CEO Tom Farley discussed cryptocurrency regulation, U.S. political changes, and the opportunities and limitations of blockchain technology. Farley mentioned that the U.S. attitude toward cryptocurrencies is changing rapidly, including the removal of the anti-crypto chairman of the Federal Deposit Insurance Corporation (FDIC), the passage of the 21st Century Financial Innovation and Technology Act (FIT21) in the House of Representatives, and Republican presidential candidate Donald Trump's support for cryptocurrencies.
In addition, the Chicago Mercantile Exchange (CME) plans to launch spot cryptocurrency trading. Farley said that although blockchain technology is expected to improve the efficiency of financial processes, regulators' skepticism of public blockchains may drive traditional financial companies to develop private blockchains.
$BTC 6. Report: The number of cryptocurrency holders worldwide has reached 562 million, accounting for 6.8% of the total population
According to ChainCatcher, fintech company Triple A recently released a report titled "Global Cryptocurrency Ownership Status in 2024", which deeply studies the global cryptocurrency ownership trends and its evolving role in the financial ecosystem. $BNB
“Today, 562 million people around the world own some or other form of digital currency, up from 420 million in 2023,” Triple A founder and CEO Eric Barbier wrote in the report’s foreword. “In other words, 6.8% of the world’s population owns and uses digital currency.”
The report states that Asia is leading the trend, with the number of people owning cryptocurrencies increasing by 21.8% from 268.2 million to 326.8 million. North America follows closely behind, with the number rising by 38.6% from 52.1 million to 72.2 million.
Additionally, the number of cryptocurrency holders in South America surged from 25.5 million to 55.2 million, an increase of 116.5%. Europe also saw significant growth, with numbers rising from 30.7 million to 49.2 million, a 60.3% increase. Africa experienced modest growth of 8.5% from 40.1 million to 43.5 million. In Oceania, the number of cryptocurrency holders increased by 114.3% from 1.4 million to 3 million.
7. The Hong Kong government has communicated with the Securities and Futures Commission to process all virtual asset platform applications as soon as possible
#MegadropLista ChainCatcher News: According to Hong Kong media Wen Wei Po, the Hong Kong government will maintain close communication with the SFC to allow the SFC to process all platform applications as soon as possible, so that citizens and investors have more secure investment options. Looking ahead, Hong Kong will further improve the regulatory framework, including regulating virtual asset OTC service providers, to build a stable ecosystem for the virtual asset industry and promote its responsible and sustainable development.
The Hong Kong Securities and Futures Commission emphasized yesterday that although those virtual asset trading platforms that are deemed to have been licensed have promised to strengthen their policies, procedures, systems and control measures to comply with the regulatory requirements of the Securities and Futures Commission, they still need to demonstrate the actual implementation and effectiveness of these measures to be satisfied by the Hong Kong Securities and Futures Commission. Before these platforms are officially licensed, the Securities and Futures Commission does not expect them to actively promote their services or establish business relationships with new retail customers.
8. Biden vetoes resolution to repeal SEC crypto asset accounting standard SAB 121
$SOL ChainCatcher reported that US President Joe Biden vetoed a resolution that would have overturned the US SEC’s controversial crypto asset accounting standard SAB 121. He said in an official statement on May 31: “Overturning the SEC staff’s considered judgment in this way could undermine the SEC’s broader authority in accounting practices.”
“My administration will not support measures that jeopardize the well-being of consumers and investors,” Biden said.
SAB 121 goes into effect on April 11, 2024, but has been met with strong opposition from the crypto community and lawmakers.
According to previous news, the bill to overturn SAB 121 was passed by the House of Representatives on May 8 and the Senate on May 17, respectively.
9. Canada is expected to adopt the International Crypto-Asset Reporting Framework (CARF) for taxation by 2026
According to ChainCatcher, according to a supplementary document to the 2024 budget, Canada is expected to adopt the international crypto-asset reporting framework (CARF) for taxation by 2026. CARF will impose new reporting requirements on crypto-asset service providers (CASPs), such as cryptocurrency exchanges, crypto-asset brokers and traders, and crypto-asset ATM operators, whether individuals or corporate entities.
10. Grayscale Survey: 47% of US voters surveyed want to include cryptocurrency in their investment portfolio
ChainCatcher reported that according to The Block, Grayscale's latest survey shows that driven by macroeconomic developments and its maturity as an asset, American voters are increasingly attracted to Bitcoin. About 47% of American voters want to include cryptocurrency as part of their investment portfolio, highlighting the importance of the topic in the upcoming November election.
According to the survey, about 32% of voters said they would prefer to learn about cryptocurrency as an investment. This choice may be supported by the fact that 28% of voters believe that inflation is the most pressing issue in the upcoming US election.
Additionally, geopolitical tensions, polarized political discourse, and persistent inflation have led more U.S. voters to seek out Bitcoin, but major developments surrounding Bitcoin, including the approval of a Bitcoin spot ETF, have also played an important role.
“It is clear that cryptocurrencies will increasingly be considered by policymakers and candidates for all offices as they prepare to run in the 2024 election,” Grayscale noted.
