Foresight_News

Foresight News reports that crypto KOL Ansem stated, "By 2030, Bitcoin will reach $500,000."

According to Foresight News, as reported by Cointelegraph, the UK HM Revenue and Customs has stated that as part of improving cryptocurrency tax reporting, UK cryptocurrency companies will be required to collect and report data on every customer transaction and transfer starting from January 1, 2026. For each transaction, the full name, home address, and tax identification number of the user must be collected and reported, along with the cryptocurrency used and the amount transferred. Detailed information on companies, trusts, and charities conducting transactions on cryptocurrency platforms will also need to be reported. Users who fail to comply with the regulations or report inaccurately may face fines of up to £300 (approximately $398.4) per user.

Foresight News reports that JupiterDAO has announced a coalition proposal for the PayFi network Huma Finance, suggesting a presale exclusively for JUP stakers. JUP stakers can receive $75 million in FDV, accounting for 1% of the total supply of Huma tokens. Additionally, the proposal includes a token swap valued at $250,000 for DAO tokens.

Foresight News reports that the Solana ecosystem DePIN smart wearable device project CUDIS stated that as the TGE approaches, users must register their Solana wallet on the official website before May 25. Failure to confirm by the deadline may affect the delivery of users' airdrops.

Foresight News previously reported that CUDIS will have its TGE in June.

Foresight News reports, according to The Block, Alchemy has announced the acquisition of Solana infrastructure provider DexterLab, with the specific acquisition amount not disclosed. DexterLab provides manageable web3 services for companies looking to monitor the Solana ecosystem, and this acquisition will help Alchemy expand its enterprise-level Solana services.

Foresight News reports that according to OpenSea data, CryptoPunk #3609 was sold 3 hours ago for 440 ETH (approximately $1.087 million). This NFT is one of 88 Zombie Punks, and the last sale was two years ago for 420 ETH.

Foresight News reports that The Data Nerd monitored a smart money address A7oDg which exchanged 1,600 USD for 23.2 million BULL tokens 18 hours ago. A few minutes later, that address began selling all BULL, earning 73,000 USD, achieving a profit of approximately 71,400 USD, with a return on investment of 44 times.

According to Foresight News, Aptos announced that the current selected projects for its LFM program include five DeFi projects: Aries Markets, Amnis Finance, PACT, Echo Protocol, and Hyperion.

The Aptos LFM program is a TGE channel for ecological projects launched by the Aptos Foundation earlier this year.

Foresight News reports that Robert Kiyosaki, author of 'Rich Dad Poor Dad', tweeted that the value of Bitcoin, gold, and silver will continue to rise. He is buying more Bitcoin and expects it to reach $250,000 this year, suggesting 'buy more, do not sell'.

Foresight News reports that the Indonesian Criminal Investigation Agency (also known as Bareskrim) is intensifying efforts to combat cryptocurrency-related crimes using blockchain analysis and artificial intelligence tools. A senior official from Bareskrim disclosed to Binance that the agency has observed an increase in romance scams, phishing, and deepfake fraud, and is working to address these escalating threats through better training and establishing stronger international relationships. The official stated that cooperation with cryptocurrency exchanges, wallet providers, and foreign law enforcement agencies is crucial for identifying suspects and freezing illegal funds.

Foresight News reports that, according to Ember monitoring, with the recent fluctuations in the market, it may once again be in a period of directional choice. Several whale traders are using high leverage to open large positions betting on different directions on Hyperliquid. JamesWynnReal opened a long position of 3,788.7 BTC with 40x leverage, with a position value of 391 million USD, at an opening price of 103,083 USD and a liquidation price of 96,474 USD. Meanwhile, an address starting with 0xcddf opened a short position of 41,851 ETH with 25x leverage, with a position value of 103 million USD, at an opening price of 2,514 USD and a liquidation price of 2,525 USD. Additionally, an address starting with 0x2258 opened a short position of 28,248 ETH with 20x leverage, with a position value of 70 million USD, at an opening price of 2,561 USD and a liquidation price of 2,694 USD.

On this day in 2021, the People's Bank of China prohibited financial institutions, payment institutions, and online platform operators from engaging in virtual currency-related activities.

Foresight News reported that a court in Ukraine ruled to transfer virtual assets seized during an investigation into major fraud and illegal gambling to the Asset Recovery and Management Agency (ARMA). The assets in question come from a digital wallet registered on the cryptocurrency exchange Binance, owned by a Ukrainian national (ОСОБА_6), who is suspected of laundering money through unlicensed platforms such as rollbit.com. The total value of the seized assets exceeds 500 million hryvnias (approximately 12 million US dollars), encompassing Bitcoin, Ethereum, Litecoin, Solana, and Tether (USDT). The court's ruling also requires Binance, registered in Seychelles as Nest Services Limited, to execute the transfer and cooperate with Ukrainian authorities. ARMA is expected to sell these assets through an official electronic auction platform to fulfill its duty to manage seized property and return its value to the national budget.

According to Foresight News and local media Pagina12, federal judge María Servini, who is handling the LIBRA token case, has ordered the Central Bank of Argentina to revoke the bank account confidentiality privileges of President Milei and his sister Karina Milei. It is alleged that Karina Milei had contact with some of the co-founders of Libra before the launch of the Libra token. Judge Servini had previously ordered the freezing of the finances of the three co-founders of the Libra memecoin and stated that prosecutors are still reviewing video evidence from one co-founder's mother and sister, who allegedly emptied a bank safe the day after Milei promoted the token. Additionally, the president and his sister have refused to attend a mediation hearing, which could lead to civil litigation. The subpoena was issued by an Argentine lawyer representing 25 foreign and domestic victims.

Foresight News reports that ralexstokes published a summary of the 157th Ethereum Core Developers Conference (ACDC) on Ethereum Magicians. This meeting primarily discussed: reviewing the Pectra upgrade process and looking ahead, an upcoming analysis report after the addition of Blobs, Fusaka (peerdas-devnet-7 has been released and is operating stably; the client team is currently focused on implementing BPO support; fusaka-devnet-0 is expected to launch on May 26; validator hosting aims to enhance the management of staking keys and validator credentials to improve security, modularity, and user experience. Due to complexity and unresolved issues, there is a risk of schedule delays that may impact the scope or release of Fusaka), and a proposal to create a new platform or upgrade Ethereum Magicians to lower the participation threshold for external contributors.

According to Foresight News and reports from the Hong Kong Commercial Daily, the Hong Kong police launched an operation codenamed 'Night Strike' to dismantle an active cross-border money laundering criminal group involving mainland and Hong Kong individuals. The group recruited mainland individuals to open bank accounts in Hong Kong, profiting from the fraud cases, and then arranged for them to withdraw cash from the bank to exchange for cryptocurrencies at virtual asset exchange shops to launder the money. During the operation, 12 men and women were arrested, involving 118 million yuan in criminal proceeds.

The Chief Inspector of the Fraud Investigation Unit of the Hong Kong Commercial Crime Bureau, Lau Yuen-Saan, stated that from July 2024 to May 2025, this criminal group recruited mainland individuals to Hong Kong as puppet account holders, with the accounts mainly used to receive proceeds from various types of fraud. During this period, over 500 bank accounts were used to launder 118 million yuan. Among these, 10 million yuan has been confirmed to belong to the proceeds of 58 reported fraud cases, where victims lost approximately 43.2 million yuan in total.

Foresight News reports that Morten Søberg, the former Secretary of State for the Norwegian Ministry of Finance, member of the Norwegian Central Bank's Supervisory Council, and director of public affairs at SpareBank 1, will assume the role of Secretary General at the newly established Bitcoin Policy Institute (BPI) in August 2025. The institution aims to oppose the Bitcoin ban, promote legislative openness, and enhance public understanding of Bitcoin and the monetary system. Currently, BPI has received approximately 1.517 BTC (around 1.6 million Norwegian kroner) in donations and has 121 paying members.

Foresight News reports that Coinbase analyst David Duong tweeted that the statement he wrote on Thursday night still applies: "The rise of ETH is mainly driven by technical factors, reflecting a large number of incorrect market positions, short covering, and subsequent re-establishment of positions, as the price of ETH catches up with similar assets like BTC and SOL. Nevertheless, we believe that overall market interest in allocating ETH remains relatively limited."

According to Foresight News, based on an official announcement from Nyan Heroes, due to the latest product failing to reach the expected user scale, combined with the current challenges facing the Web3 market environment, the project has been unable to secure the funding needed to sustain studio operations, ultimately leading to the decision to cease operations. Nyan Heroes received over 250,000 player reservations on the Epic and Steam platforms, and the four testing events attracted more than 1 million players in total. The game has appeared multiple times on the Epic Games popular and most-played lists and has garnered attention from traditional media outlets such as IGN, Business Insider, and Game Rant. Despite the project's team exploring various options for release, new investments, grants, and acquisitions, they ultimately could not raise the necessary funds to complete game development.

Foresight News reports that OnChain Lens monitoring shows the whale lxuan.eth deposited 2.04 million USDC into Hyperliquid and purchased 74,893 HYPE at a buying price of $27.34.