As of May 20, 2025, the GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins) remains under active consideration in the U.S. Senate. The bill aims to establish a federal regulatory framework for payment stablecoins, addressing consumer protection, anti-money laundering, and oversight of issuers.
Key Developments
Senate Vote Scheduled: The Senate is expected to vote on the GENIUS Act today at approximately 8 P.M. EDT. This follows a previous failed procedural vote where the bill did not secure the necessary 60 votes to advance. The revised version includes updates on anti-money laundering, consumer protection, and custodial provisions.
Bipartisan Support and Opposition: While the bill has garnered bipartisan support, some lawmakers have expressed concerns. Notably, nine Democrats who previously supported the GENIUS Act have withdrawn their support, citing unresolved issues. However, Senators Kirsten Gillibrand (D-NY) and Angela Alsobrooks (D-MD) continue to back the bill.
Big Tech Restrictions: The updated bill includes provisions that would ban non-financial public companies, such as Meta, Amazon, and Google, from issuing stablecoins. This move aims to curb the influence of Big Tech in the digital currency space.
Visual Overview
For a visual summary of the GENIUS Act and its implications, you can refer to the following video: #GENIUSAct
The #MyEOSTrade challenge is currently live on Binance Square, running from May 19 to May 26, 2025. This initiative, in partnership with Vaulta, offers participants a chance to share in a $5,000 EOS token voucher reward pool.
How to Participate:
1. Trade EOS on Binance Spot: Each trade must be a minimum of $20 equivalent. Multiple qualifying trades increase your chances of earning rewards.
2. Share Your Trade via EOS Terminal on Binance Square: Include a caption explaining your trade setup (minimum 100 characters) and use the hashtag #MyEOSTrade.
3. Optional Bonus: Share your EOS trade performance on X (formerly Twitter) with a screenshot and a link to your Binance Square post. Submit the link to your X post via the provided survey.
Rewards Breakdown:
Main Prize Pool: $3,000 total, distributed proportionally based on the number of eligible Binance Square posts (capped at $5 per user).
Bonus Prize Pool: $1,000 total, based on eligible X posts (capped at $10 per user).
Best Entry: $500 total for participants with the lowest EOS buy price (capped at $25 per user).
As of May 2025, there have been no major public announcements specifically titled the "Ethereum Security Initiative." However, the Ethereum community continues to prioritize smart contract security through various frameworks and research efforts.
One notable development is the Ethereum Security Analysis Framework (ESAF), introduced in early 2024. ESAF aims to unify and simplify the process of analyzing smart contract vulnerabilities, serving both as a persistent security monitoring tool and a classic vulnerability analysis utility. This framework addresses the growing need for standardized security tools in the Ethereum ecosystem.
Binance Alpha has launched a substantial $1.7 million reward program designed to incentivize user engagement and trading activity across its platform. This initiative offers various opportunities for both new and existing users to earn rewards through trading, referrals, and content creation.
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🔍 Overview of the $1.7M Reward Program
Total Reward Pool: $1.7 million in token vouchers, trading bonuses, and exclusive perks.
Participation: Open to all Binance Alpha users, regardless of experience level.
Duration: Limited-time offer; rewards are distributed on a first-come, first-served basis.
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💰 Ways to Earn Rewards
1. Trading Incentives: Engage in trading activities to receive cashback, fee reductions, and token airdrops.
2. Referral Bonuses: Invite friends to join Binance Alpha and earn rewards as the community grows.
3. Exclusive Privileges: Gain access to premium reports, early project launches, and VIP-level benefits.
4. Content Creation: Share your trading insights and analyses on Binance Square using hashtags like #BinanceAlpha$1.7MReward to increase engagement and potential rewards.
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🚀 How to Get Started
1. Register or Log In: Access your Binance Alpha account.
2. Complete Tasks: Engage in trading, hold eligible assets, or participate in referral programs.
3. Share Insights: Post your analyses on Binance Square with relevant hashtags to showcase your expertise.
4. Claim Rewards: Visit your Alpha dashboard to monitor and redeem your earned rewards.
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For more detailed information and to participate in the program, visit the official Binance Alpha $1.7M Reward Program page.
Feel free to ask if you need assistance with specific tasks or have further questions about the program!