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Fireblocks Launches Regulated Crypto Custodian Fireblocks Trust Company

Crypto custody firm Fireblocks announces the launch of Fireblocks Trust Company, regulated by the New York State Department of Financial Services (NYDFS). Pending final approval, Fireblocks Trust Company will offer cold storage-based

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Fireblocks Launches Regulated Crypto Custodian Fireblocks Trust Company

Crypto custody firm Fireblocks announces the launch of Fireblocks Trust Company, regulated by the New York State Department of Financial Services (NYDFS). Pending final approval, Fireblocks Trust Company will offer cold storage-based custody services to U.S. clients.
Circle's Former Policy VP Joins Venice as COO

Teana Baker-Taylor, former VP of Policy and Regulation Strategy at stablecoin issuer Circle, has joined the open-source generative AI platform Venice as Chief Operating Officer. Venice, founded by early Bitcoin adopter and Shapeshift CEO Erik Voorhees, pledges not to retain any user data or history, storing data solely on users' browsers.
Boyaa Interactive Expects Strong Q1 2024 Growth

Boyaa Interactive (00434โ€ขHK) forecasts a 10-15% revenue increase for Q1 2024, attributed to online operational activities and game product optimizations. Net profit attributable to shareholders is projected to surge by 1,120-1,130%, driven by increased revenue and asset values. Excluding non-operating factors, net profit is expected to rise by 5-10% compared to the previous year.

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Active addresses on Polkadot have reached a historical high for two consecutive months.

Despite the underperformance of its native token DOT, Polkadot's blockchain activity has reached an all-time high. By the end of April, monthly active addresses on Polkadot hit a record of approximately 650,000, continuing the upward trend from March. This milestone is attributed to the Moonbeam parallel chain, which contributed over 60% of active addresses. However, the total number of non-zero balance addresses slightly decreased, and the network's transaction volume also saw a minor decline.

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The United States House of Representatives has passed legislation to overturn the SEC's SAB 121 cryptocurrency rule.

The U.S. House of Representatives passed H.J. Res. 109, aiming to overturn the Securities and Exchange Commission's SAB 121 regulation on digital assets. This resolution seeks to ease regulatory burdens and facilitate safer custody of digital assets by regulated banks. However, the White House threatened to veto the resolution, expressing support for the SEC. The House Financial Services Committee clarified that H.J. Res. 109 repeals SAB 121 under the Congressional Review Act, removing barriers for financial institutions and companies to act as custodians of digital assets under strict regulation, ensuring consumer protection.

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U.S. Bitcoin spot ETF net outflow of $84.7 million yesterday

According to Farside Investors, the overall net outflow of U.S. Bitcoin spot ETF on May 10 was $84.7 million, including a net inflow of $12.4 million for IBIT, a net inflow of $5.3 million for Fidelity FBTC, and a net flow of grayscale GBTC. The $103 million.

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Azteco CEO: intends to raise $100 million in campaign funds to ensure that the next U.S. president supports Bitcoin

Azteco CEO David Bailey said on social media that in the past month, we have been working with the Trump campaign team to formulate their bitcoin and cryptocurrency policy agenda. We proposed a comprehensive executive order for President Trump to sign on the first day. I will share these details with you soon and intend to raise $100 million in campaign funds to ensure that the next president of the United States supports Bitcoin.

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A giant whale cleared ETH, OP and ARB, with a total loss of about $8.43 million

According to Lookonchain monitoring, in the past hour, a whale sold all ETH, OP and ARB, with a loss of about $8.43 million. 6,714 ETHs ($19.5 million) were sold for $2,903, with a loss of $6.45 million. 428,047 OPs ($1.06 million) were sold for $2.48, with a loss of $902,000. 901,685 ARBs ($882,000) were sold for $0.98, resulting in a loss of $1.08 million.
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The open position of BTC options on the whole network is $17.47 billion

According to Coinglass data, the nominal value of the open position of BTC options on the whole network is $17.47 billion, and the nominal value of the open position of ETH options is $8.92 billion.


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Grayscale's GBTC saw a net outflow of $103 million USD.

According to Farside Investors data, yesterday Grayscale's GBTC saw a net outflow of $103 million USD. In addition, BTCW saw a net inflow of $600,000 USD, while EZBC, ARKB, and BITB had no funds inflow.


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Feng Delun inquired whether Trump can exclusively use Bitcoin for transactions.

Hong Kong director and actor Feng Delun was recently invited to attend a Web3 forum in the United States and was also invited to a private dinner hosted by Trump at his Mar-a-Lago estate in Florida. In a video shared by Feng Delun, he unexpectedly raised his hand and interrupted Trump's speech, asking, 'Can we only use Bitcoin for transactions?' This question caught Trump off guard, prompting him to seek assistance from his advisors. Feng Delun, excited by the scene, even turned the camera towards himself with a smile.
Messari: IoTeX network staking volume grew by 73% quarter-over-quarter in the first quarter

According to the first-quarter development report released by Messari, the IoTeX network has a total of 108 nodes with a combined staking volume of $29 million, marking a 73% increase compared to the previous quarter. The average staking participation rate has reached an all-time high.

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999 BTC transferred from unknown wallet to Binance

According to financial reports, according to Whale Alert monitoring, at 18:37:31 Beijing time today, 999 BTC ($61,314,112) were transferred from an unknown wallet to Binance.

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๐Ÿ’ Good Evening ๐Ÿ’ 
โž–โž–โž–โž–โž–โž–โž–

โž–โž–โž–โž–โž–โž–โž–โž–โž–โž–
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As the sun sets and the stars begin to twinkle, may the calmness of the evening bring peace to your heart and rejuvenate your spirit

โž–Good evening โž–
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BounceBit mainnet will launch tomorrow โœจ

According to financial reports, BounceBit posted on social media that the mainnet will be launched tomorrow. Previously, the BounceBit points snapshot has been completed, and the settlement phase will be carried out on the BounceBit mainnet.

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