News linked to this event type.
C1 Fund, a closed-end fund listed on the New York Stock Exchange, has released its Q4 and full-year financial reports for 2025. Its digital asset private investment strategy continues to expand, with portfolio optimization and liquidity events advancing simultaneously.As of the end of 2025, CFND's digital asset infrastructure investment portfolio includes industry-leading companies such as Alchemy, Blockchain.com, Chainalysis, Consensys, Figment, Kraken, and Ripple, covering core sectors including blockchain development, compliance analytics, trading platforms, and cross-border payments. In 2025, the fund made new investments exceeding $10.47 million in projects like BitGo, Fireblocks, and Polymarket (Blockratize Inc.), and completed additional allocations to holdings such as Ripple, further strengthening its deployment depth in the digital asset infrastructure space. (Businesswire)
Trader A (@missoralways) posted that he had stored seven-figure assets in Sigma for a long time without encountering security issues in the past. However, two of his recent wallets have suffered asset theft, both occurring when wallet balances fell below $10,000.He also stated that another friend suffered the theft of approximately $200,000 in assets today, and mentioned Sigma in connection with the incident. The Sigma team has launched an investigation. The trader said he released this information for security reminder purposes and emphasized that he is not an affiliated promoter of any bot-related products.
Bloomberg ETF analyst Eric Balchunas posted on X that the prediction market ETF was not launched today as originally scheduled, as the U.S. Securities and Exchange Commission (SEC) has decided to conduct further reviews of related products.Eric Balchunas stated that the delay "is not a fatal issue" at this point, but rather suggests that regulators want to conduct additional scrutiny on the disclosure documents. He noted that such products are groundbreaking and, once approved, will set an important regulatory precedent for prediction market ETFs, so it is understandable that the SEC wants to dedicate more time to review them.
According to Decrypt, in April 2025, family members of victims of the Florida State University shooting filed a lawsuit against OpenAI in federal court. They alleged that ChatGPT provided the shooter, Phoenix Ikner, with specific guidance—including firearm usage techniques, ammunition recommendations, and suggestions on timing—weeks before the incident. This allegedly included information about peak lunch hours at the student union and statements such as “involving children is more likely to attract national attention.” OpenAI denied the allegations, stating that ChatGPT only delivered publicly available information and did not encourage illegal conduct. Florida’s Attorney General has launched a criminal investigation into OpenAI and issued subpoenas. This case is viewed as a pivotal precedent for establishing AI companies’ legal liability when their systems facilitate criminal acts; similarly, families of victims of a prior mass shooting in Canada have also filed lawsuits against OpenAI.
According to QCP analysis, this week features a dense schedule of macroeconomic events, with market attention focused on three key themes: First, President Trump and President Xi Jinping are scheduled to meet in Beijing this week, with discussions expected to cover tariffs, the rare-earth supply chain, and the Middle East situation; markets are watching closely to see whether substantive progress can be achieved on trade. Second, April’s CPI, PPI, and retail sales data will be released sequentially; if inflation stabilizes, real yields may decline—historically providing support for the crypto market—whereas the opposite would reinforce expectations of monetary tightening. Third, the U.S. Senate Banking Committee will hold hearings on the CLARITY Act; legislative progress could further catalyze institutional capital inflows. Currently, despite ETF outflows last week, BTC has held the $80,000 level, while crypto volatility remains near its lowest point of the year, with the VIX at approximately 18. In the short term, BTC is highly likely to remain range-bound, with $84,000 serving as a key resistance level.
According to the official announcement, the second asset launched on Bitget IPO Prime is preOPAI—a digital token issued by the regulated issuer Republic on the Solana blockchain, designed to mirror OpenAI’s post-IPO economic performance on a 1:1 basis. As the world’s leading consumer AI provider, OpenAI reports approximately 900 million weekly active users, according to official data. Its most recent funding round raised $122 billion, with participants including Microsoft, NVIDIA, Amazon, and SoftBank. Bitget IPO Prime operates on a subscription model, whereby users receive subscription quotas based on their account tier. Upon completion of token allocation, users may trade the tokens on the upcoming spot market. Alternatively, after the lock-up period for preOPAI’s underlying debt assets expires, the issuer will authorize Bitget to convert users’ holdings into either stock tokens or USDT, referencing the underlying company’s (OpenAI’s) publicly traded stock price. IPO Prime Details: • OpenAI Implied Valuation: $898.21 billion • Total IPO Prime Subscriptions: 29,082 • Total Subscription Value: $21,084,450 • Subscription Price: 1 preOPAI = $725 • Accepted Subscription Currencies: USDT or USDGO • Total Subscription Pool Cap: $300,000,000
According to Fortune, stablecoin-focused bank Augustus has received a federal banking charter from the U.S. Office of the Comptroller of the Currency (OCC), becoming the eighth institution to obtain such a license since 2010. Simultaneously, Augustus closed a $40 million funding round, with investors including Valar Ventures (founded by Peter Thiel), Creandum, and founders of Ramp, Deel, and Circle.
According to the official website of the Chinese government, the General Office of the State Council issued the “State Council’s 2026 Annual Legislative Work Plan,” which specifically highlights improving legislation related to AI governance. The plan explicitly states that comprehensive legislation promoting the healthy development of AI will be expedited, and legislation safeguarding AI’s foundational elements—including data, computing power, algorithms, intellectual property rights, cybersecurity, and supply chain security—as well as regulating key application scenarios, will also be accelerated. By incorporating AI governance into the national-level comprehensive legislative framework, this legislative initiative marks China’s entry into a substantive implementation phase for building its AI regulatory framework.
Moomoo, the overseas brand of Futu Holdings, has obtained a prediction market compliance license from U.S. regulatory authorities, becoming one of the first online brokers authorized to offer event contract trading services to retail investors in the United States. According to disclosures, Moomoo plans to launch these services for U.S. users shortly, covering domains including sports events, economics, politics, and culture. Event contracts are financial derivatives designed around the outcomes of specific events; users can trade on whether an event “will or will not occur” and settle positions once the outcome is determined. Moomoo stated that these products will operate under the regulatory framework of the U.S. Commodity Futures Trading Commission (CFTC).
Vitalik Buterin published a research article on May 10, proposing to replace traditional on-chain transfer solutions with zero-knowledge proof (ZK) transactions, pushing crypto payments from "pseudonymity" toward "privacy by default." This solution allows users to complete payment verification without disclosing their full balance and transaction history.Vitalik specifically mentioned that in the era of AI agents, autonomous AI agents need to pay for services such as LLM APIs without leaving traceable footprints. He stated that through recursive SNARKs and a ZK API credit mechanism, Ethereum Layer 2 can achieve private payments at speeds and costs close to those of transparent transactions.Additionally, the proposal includes selective disclosure and "proof of innocence" mechanisms, allowing users to provide compliance proof to regulators or tax authorities without revealing on-chain privacy data, thereby meeting anti-money laundering requirements. Vitalik believes that the transparent and public nature of blockchain is a major obstacle to the widespread adoption of crypto payments.
Odaily Planet Daily reported that Galaxy Digital stated that 7 Democratic senators on the U.S. Senate Banking Committee may play a crucial role in advancing the CLARITY Act. The bill will enter committee review this Thursday; if it passes, it will be submitted for a full vote in the Senate.Galaxy listed Ruben Gallego and Angela Alsobrooks as "pro-crypto framework" senators, and considers Mark Warner, Catherine Cortez Masto, Andy Kim, and Raphael Warnock as "negotiable," potentially supporting the bill after the inclusion of additional anti-money laundering and risk control provisions.The report noted that the Senate Banking Committee has 24 members, consisting of 13 Republicans and 11 Democrats. The bill needs at least a majority of support to proceed to the next stage. Coinbase's policy head previously stated that the CLARITY Act ultimately needs at least 60 votes and bipartisan support to become law. (Cointelegraph)
Odaily Seer Channel monitoring shows that in Polymarket's prediction event "Will the US confirm the existence of aliens before 2027?", a new account purchased $61,000 on the outcome that the US will not confirm the existence of aliens before 2027, with an opening price of 83¢.Public documents primarily involve records of Unidentified Anomalous Phenomena (UAP) sightings and investigations, but have not officially confirmed the existence of extraterrestrial life or alien technology. The All-domain Anomaly Resolution Office (AARO) has previously denied claims by some whistleblowers regarding the government's secret possession of alien technology, including related testimony from David Grusch in 2023.Odaily Seer Channel continues to monitor the prediction market, seeing changes before pricing.
Crypto.com has announced that its UAE entity, Foris DAX Middle East FZE, has obtained a Stored Value Facility (SVF) license from the Central Bank of the UAE, becoming the first Virtual Asset Service Provider (VASP) in the region to receive this license.With this license, Crypto.com will officially launch a partnership with the Dubai Department of Finance, allowing UAE residents to use crypto assets to pay for government service fees. Related fund settlements will be conducted in UAE dirhams or dirham-pegged stablecoins approved by the Central Bank of the UAE.Furthermore, upon obtaining regulatory approval, Crypto.com also plans to leverage this license to advance the integration of crypto payments with Emirates Airlines and Dubai Duty Free.
Odaily Planet Daily reported that the National Tax Service of South Korea is building an artificial intelligence system costing approximately $2.2 million to monitor cryptocurrency transactions and pursue tax evaders, with completion expected by the end of 2026. This system will integrate exchange transaction records with blockchain data to identify suspicious transactions such as money laundering, unreported gifts, and offshore tax evasion, and will extend its tracking capabilities to non-custodial wallets. The National Tax Service is coordinating implementation details with five major exchanges, including Upbit and Bithumb, with the final tax guidelines anticipated by the end of 2026. A survey by the Financial Services Commission of South Korea revealed that the country has over 11 million verified crypto investors, although growth has slowed; the growth rate of tradable accounts fell from 25% in the first half of 2024 to 3% in the second half.
South Korea’s Financial Security Institute announced three key initiatives focused on digital asset services: developing a smart contract verification tool, establishing a smart contract verification framework, and cultivating specialized talent in digital assets. The Institute will develop a dedicated security verification tool capable of automatically detecting major vulnerabilities—including reentrancy attacks, access control errors, and missed collateral checks—targeting use cases such as tokenized securities and stablecoins. Detection rules will be continuously updated to align with South Korea’s financial regulatory environment. Concurrently, the Institute will release the “Smart Contract Security Guidelines,” covering the full lifecycle of development, deployment, and operations, and will enhance financial institutions’ digital asset security capabilities through workshops, collaborative networks, and other means.
According to Bloomberg, banking groups are proposing final revisions to a compromise proposal on stablecoin yield ahead of a key U.S. Senate committee’s review of a landmark digital assets bill. The compromise was brokered earlier this month by Republican Senator Thom Tillis and Democratic Senator Angela Alsobrooks, with the proposed adjustments aiming to advance long-sought legislation for the crypto industry and establish clearer regulatory rules for the digital assets sector.
The Fuzhou Gulou District People's Court recently concluded a dispute arising from investment in virtual currency. Chen transferred 480,000 yuan to Liu for foreign exchange financial management. Liu converted the funds into USDT and invested them on an overseas platform. After the platform was shut down, Chen sued the court demanding a refund. The court reviewed the case and found that this transaction model formed a closed loop of receiving RMB, converting to USDT, cross-border transfer, and foreign exchange trading, constituting a disguised form of foreign exchange trading and suspected of economic crimes.The court ruled to dismiss Chen's lawsuit and transferred relevant materials to the public security authorities for handling. The Fuzhou Intermediate People's Court upheld the original ruling. The court reminded that civil legal acts related to investing in virtual currency that violate public order and good customs are invalid, and any losses incurred therefrom shall be borne by the investor themselves.
According to Crowdfund Insider, digital asset management firm Grayscale Investments plans to launch an exchange-traded fund (ETF) focused on Cardano (ADA) by the end of 2026. The product is expected to trade under the ticker symbol GADA and would convert Grayscale’s existing Cardano Trust into a listed ETF—rather than filing a new application. If the relevant regulatory filings take effect by mid-August, the application may enter the U.S. Securities and Exchange Commission’s (SEC) streamlined review process and could begin trading in late October 2026. Grayscale has also recently increased ADA’s weight in its Smart Contract Fund from approximately 17.96% to 18.33%.
Strategy CEO Phong Le posted on platform X, stating that in the first quarter of 2026, Strategy's software business achieved its strongest performance in nearly a decade, with revenue growing 12%. This included a 59% increase in cloud business revenue and a 27% rise in profits. Le noted the unique synergies between the company's bitcoin treasury and its software business, explaining that the software business's expertise in engineering, security, and compliance provides institutional-grade capabilities for the bitcoin operations, while the bitcoin mission helps attract talent and accelerate software innovation.Additionally, the company has built an AI data platform called Mosaic and plans to leverage multiple AI models within the next year to redesign internal processes and achieve system autonomy.
According to Odaily, the value of cryptocurrency holdings held by South Korean investors has more than halved over the past year, dropping from 121.8 trillion won at the end of January 2025 to 60.6 trillion won (approximately $41.4 billion) by the end of February 2026.Daily trading volume on the five major exchanges—Upbit, Bithumb, Korbit, Coinone, and Gopax—fell from $11.6 billion in December 2024 to $3 billion in February 2026. Korean won deposits on these exchanges also decreased from 10.7 trillion won to 7.8 trillion won.Stablecoin holdings declined from 597 million units in December 2024 to 41 million units in February 2026.South Korean regulators plan to implement revised anti-money laundering rules in August, under which crypto transactions involving overseas exchanges or private wallets exceeding 10 million won will be automatically flagged as suspicious. Additionally, a 22% tax on crypto gains is set to take effect on January 1, 2027.