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Project Overview
Billions Network is a digital identity verification platform designed to offer a future where humans and AI can trust each other, including Sam Altman’s crypto project, World. The platform, which utilizes zero-knowledge proof tech, seeks to provide a scalable and secure method for verifying both human and AI identities.
Thailand Issues Arrest Warrant for Chinese Businessman Allegedly Involved in "Pig Butchering" Scam and Illegal Crypto Mining Money Laundering Worth Billions of Dollars
The Thai government has officially issued an arrest warrant for Chinese businessman Wang Yicheng, accusing him of colluding with transnational criminal syndicates to launder billions of dollars through illegal cryptocurrency "mining" activities on behalf of cross-border internet fraud and online gambling syndicates. Reuters, citing an investigation by blockchain analytics firm TRM Labs, reported that Wang Yicheng's cryptocurrency wallet received at least $9.1 million (approximately HKD 71.35 million) between 2021 and 2022, with funds linked to "pig butchering" scams.Thailand's Special Investigation Department stated in a statement that U.S. law enforcement agencies have confirmed Wang Yicheng's involvement in a digital asset fraud case. The U.S. side had previously traced the flow of stolen funds from a victim in Massachusetts to an account registered under Wang Yicheng's name and seized approximately $500,000 worth of cryptocurrency. (Lianhe Zaobao)
US Department of Justice Seizes Huione Account Allegedly Laundering Billions of Dollars
: The US Department of Justice announced the seizure of an account that provided backend infrastructure for a subsidiary of Cambodia's Huione Group. Prosecutors stated that the account helped operate the Telegram marketplace Huione Guarantee, which matched stolen data, money laundering services, and tools for Southeast Asian scam operations.Additionally, on the same day, FinCEN took action to extend the existing Huione ban to its successor entity, H-Pay Service PLC, to prevent the group from circumventing US restrictions. According to court documents, the custody service operated by the account also assisted criminals, including money launderers, in cryptocurrency transactions. The case is currently being jointly investigated by the FBI's San Francisco office and IRS Criminal Investigation. (decrypt)
HTX will list TWT (Trust Wallet) and BILL (Billions Network) tonight.
According to the HTX (formerly Huobi) announcement, HTX has enabled deposits for TWT and BILL tokens as of May 7 at 16:00 (GMT+8). Spot trading and grid trading for TWT/USDT and BILL/USDT will go live on May 7 at 18:00 and 19:00 (GMT+8), respectively. Withdrawals for TWT and BILL will be available on May 8 at 18:00 and 19:00 (GMT+8), respectively. Trust Wallet is a popular cryptocurrency hot wallet that allows users to retain full control over their funds. Its core feature is an integrated DApp browser offering a curated selection of decentralized applications, enabling direct staking and token trading. Billions Network is a universal “human-and-AI” collaboration network. It enables anyone to prove, in seconds, that they are a real and unique individual on-chain—without revealing any underlying personal data—providing humanity with a way to rebuild trust in every digital interaction and securely leverage AI agents.
WEEX Launches BILL Zero-Fee Trading Campaign: Trade to Share 50,000 USDT
WEEX Exchange has announced a zero-fee campaign for Billions Network (BILL). Users trading BILL can share in a 50,000 USDT reward pool. Campaign period: May 13, 18:00 – May 20, 18:00 (UTC+8). During the campaign: - New users who make a net deposit of ≥100 USDT are eligible to share in a 15,000 USDT futures trial fund. - New users who complete their first spot trade of BILL/USDT are also eligible to share in an additional 15,000 USDT trial fund. - Both new and existing users whose cumulative BILL/USDT spot trading volume reaches ≥100 USDT will receive a random trial fund of 1–10 USDT; the maximum award is 50 USDT.
Bitget CandyBomb: Trade BTC, ETH, and more to unlock 55,000 BILL airdrop tokens
Bitget has launched a new CandyBomb campaign with a total prize pool of 55,000 BILL tokens. New users can earn up to 550 BILL tokens per person by completing tasks such as net deposits and futures trading. Detailed rules are available on the official Bitget platform. Eligible users must click the “Join Now” button to register before participating. The campaign runs from May 13, 18:00 to May 20, 18:00 (UTC+8).
Bitget PoolX to List Project BILL; Stake BTC to Unlock 5 Million BILL Tokens
Bitget PoolX will list the BILL project, with a total airdrop of 5,000,000 BILL tokens. This campaign features two BTC staking pools, open for deposits from May 9 at 19:00 to May 16 at 19:00 (UTC+8). Specifically, the BTC Static Staking Pool allocates 2,250,000 BILL tokens, with a per-user staking cap of 30 BTC; the BTC Dynamic Staking Pool allocates 2,750,000 BILL tokens, with a tiered staking cap determined by users’ trading volume over the past 15 days, and a per-user staking cap of 50 BTC. Additionally, users whose net BTC deposits are positive during the campaign period will receive a 3% BTC interest-boosting coupon upon campaign completion. First-time PoolX participants who meet the net deposit requirement will receive a 10% BTC interest-boosting coupon. The net deposit window runs from May 8 at 19:00 to May 15 at 19:00 (UTC+8). For more details, please refer to the official Bitget platform.
Bitget Lists BILL Spot Trading
Bitget has listed Billions Network (BILL) spot trading. The trading channel is now open, and the withdrawal channel will open tomorrow at 17:00 (UTC+8).
Coinbase to List Billions (BILL)
According to an official announcement, Coinbase has announced the listing of the Billions (BILL) token. Users can now generate BILL deposit addresses on the Coinbase website, Coinbase App, and Coinbase Exchange (in supported regions). However, actual deposits are temporarily unavailable until the project team enables token transfer functionality. Coinbase reminds users that the BILL deposit feature will only be officially activated once the asset issuer lifts transfer restrictions, at which point users can complete on-chain deposits.
Bithumb to Launch BILL/KRW Trading Pair
According to the official announcement, Bithumb will list the BILL/KRW trading pair.
BILL’s 24-hour global spot trading volume exceeds $2.18B, with Bybit accounting for approximately 77%, ranking first among CEX spot trading volumes
According to CoinGecko data, BILL has demonstrated consistently strong performance since its launch, rising from an opening price of approximately $0.005 to a peak of $0.227—a cumulative maximum increase of over 45x. Yesterday, its 24-hour global trading volume exceeded $2.18 billion, with the Bybit BILL/USDT trading pair standing out—accounting for over $1.68 billion, or more than 77%, of the total volume, maintaining its position as the top-performing trading pair on centralized exchanges (CEX).
Bitget CandyBomb: Trade BTC, ETH, and more to unlock 55,000 BILL airdrop tokens
Bitget has launched a new CandyBomb campaign with a total prize pool of 55,000 BILL tokens. New users can earn up to 550 BILL tokens per person by completing tasks such as net deposits and futures trading. Detailed rules are available on the official Bitget platform. Eligible users must click the “Join Now” button to register before participating. The campaign runs from May 13, 18:00 to May 20, 18:00 (UTC+8).
Bitget PoolX to List Project BILL; Stake BTC to Unlock 5 Million BILL Tokens
Bitget PoolX will list the BILL project, with a total airdrop of 5,000,000 BILL tokens. This campaign features two BTC staking pools, open for deposits from May 9 at 19:00 to May 16 at 19:00 (UTC+8). Specifically, the BTC Static Staking Pool allocates 2,250,000 BILL tokens, with a per-user staking cap of 30 BTC; the BTC Dynamic Staking Pool allocates 2,750,000 BILL tokens, with a tiered staking cap determined by users’ trading volume over the past 15 days, and a per-user staking cap of 50 BTC. Additionally, users whose net BTC deposits are positive during the campaign period will receive a 3% BTC interest-boosting coupon upon campaign completion. First-time PoolX participants who meet the net deposit requirement will receive a 10% BTC interest-boosting coupon. The net deposit window runs from May 8 at 19:00 to May 15 at 19:00 (UTC+8). For more details, please refer to the official Bitget platform.
HTX will list TWT (Trust Wallet) and BILL (Billions Network) tonight.
According to the HTX (formerly Huobi) announcement, HTX has enabled deposits for TWT and BILL tokens as of May 7 at 16:00 (GMT+8). Spot trading and grid trading for TWT/USDT and BILL/USDT will go live on May 7 at 18:00 and 19:00 (GMT+8), respectively. Withdrawals for TWT and BILL will be available on May 8 at 18:00 and 19:00 (GMT+8), respectively. Trust Wallet is a popular cryptocurrency hot wallet that allows users to retain full control over their funds. Its core feature is an integrated DApp browser offering a curated selection of decentralized applications, enabling direct staking and token trading. Billions Network is a universal “human-and-AI” collaboration network. It enables anyone to prove, in seconds, that they are a real and unique individual on-chain—without revealing any underlying personal data—providing humanity with a way to rebuild trust in every digital interaction and securely leverage AI agents.
HTX has launched perpetual contracts for AMD, USAR, BILL, and IO.
According to the official announcement, HTX has launched perpetual contracts for AMD/USDT, USAR/USDT, BILL/USDT, and IO/USDT on May 7. The maximum leverage for AMD/USDT and USAR/USDT is 10x, while the maximum leverage for BILL/USDT and IO/USDT is 20x.
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Zuckerberg Predicts: Billions of People Will Have Personal AI Agents in the Next Five Years
According to TechCrunch, Meta founder and CEO Mark Zuckerberg stated during the July 29 quarterly earnings conference call that within the next five years, billions of people will possess personal AI agents capable of representing users to achieve goals around the clock, with application scenarios covering finance, health, interpersonal relationships, and family management. He also noted that messaging platforms such as WhatsApp will play an increasingly important role in the era of multi-agent interaction. Currently, Meta's enterprise AI agents have been adopted by over one million businesses on WhatsApp and Messenger. However, Meta's free cash flow for this quarter was only $784 million, a sharp 91% decline from $8.55 billion in the same period last year, primarily dragged down by AI infrastructure investments; Meta's stock price also fell nearly 10% following the earnings report. Additionally, Meta's Reality Labs incurred a loss of approximately $4.6 billion this quarter, with cumulative losses reaching about $88 billion since 2021. This week, Meta announced a partnership with BlackRock to jointly build a data center costing $14 billion in El Paso, Texas.
SpaceX IPO Sparks Competition Between Solana and Hyperliquid for Billions in Trading Volume
Odaily News Following SpaceX's IPO last month, Solana and Hyperliquid have emerged as two of the most active venues for trading tokenized SpaceX shares and perpetual contracts. Both are competing for a share of the multi-billion dollar trading volume in perpetuals and tokenized equities, vying for dominance in related trading activity.
Thailand Issues Arrest Warrant for Chinese Businessman Allegedly Involved in "Pig Butchering" Scam and Illegal Crypto Mining Money Laundering Worth Billions of Dollars
The Thai government has officially issued an arrest warrant for Chinese businessman Wang Yicheng, accusing him of colluding with transnational criminal syndicates to launder billions of dollars through illegal cryptocurrency "mining" activities on behalf of cross-border internet fraud and online gambling syndicates. Reuters, citing an investigation by blockchain analytics firm TRM Labs, reported that Wang Yicheng's cryptocurrency wallet received at least $9.1 million (approximately HKD 71.35 million) between 2021 and 2022, with funds linked to "pig butchering" scams.Thailand's Special Investigation Department stated in a statement that U.S. law enforcement agencies have confirmed Wang Yicheng's involvement in a digital asset fraud case. The U.S. side had previously traced the flow of stolen funds from a victim in Massachusetts to an account registered under Wang Yicheng's name and seized approximately $500,000 worth of cryptocurrency. (Lianhe Zaobao)
US Department of Justice Seizes Huione Account Allegedly Laundering Billions of Dollars
: The US Department of Justice announced the seizure of an account that provided backend infrastructure for a subsidiary of Cambodia's Huione Group. Prosecutors stated that the account helped operate the Telegram marketplace Huione Guarantee, which matched stolen data, money laundering services, and tools for Southeast Asian scam operations.Additionally, on the same day, FinCEN took action to extend the existing Huione ban to its successor entity, H-Pay Service PLC, to prevent the group from circumventing US restrictions. According to court documents, the custody service operated by the account also assisted criminals, including money launderers, in cryptocurrency transactions. The case is currently being jointly investigated by the FBI's San Francisco office and IRS Criminal Investigation. (decrypt)
California Bets on IPO Tax Windfall: SpaceX and AI Giants’ Listings Could Bring Billions in Additional Revenue
According to CNBC, as potential IPOs by tech companies—including SpaceX, OpenAI, and Anthropic—draw near, California is expected to see a surge in IPO-related tax revenue. However, the actual scale and predictability of this increase remain highly uncertain. SpaceX’s IPO, in particular, could become one of the largest tax-generating events in California’s history. Yet due to its unique employee equity incentive structure—specifically, a single-trigger RSU (Restricted Stock Unit) vesting mechanism—and long-term prepayment tax arrangements, portions of the associated tax liability have already been realized prior to the IPO, thereby weakening the traditional “concentrated, post-IPO tax surge” model. California’s Department of Finance and the Legislative Analyst’s Office (LAO) note that while today’s mega-IPOs theoretically hold greater tax-revenue potential than Facebook’s 2012 IPO—which generated approximately $1.3 billion in tax revenue—their complex employee stockholding structures, earlier-than-usual share sales, and increased use of tax-avoidance tools mean actual tax receipts may be more dispersed and harder to forecast. Overall, although California stands to benefit from a “super-IPO cycle,” its tax revenue pattern is shifting away from “concentrated, one-time surges” toward “longer-term, distributed realization,” rendering fiscal gains more volatile and less predictable.
FTX's SpaceX Exposure May Reach Billions of Dollars
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