News Heat Trend
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.
Ballet Founder: BTC Stolen from Binance May Be Difficult to Recover, Crypto Market Already Able to Withstand Tens of Billions in Losses
According to Bloomberg reports, Bobby Lee, founder of the digital asset hardware wallet company Ballet, stated in an interview with Bloomberg Television that the Bitcoin stolen in the Binance security incident is likely irrecoverable, as the related assets have already fallen into the hands of the hackers. He noted that stablecoins are currently the asset type with the most realistic chance of recovery, but freezing assets does not mean the recovery process is complete. Binance will still need to cooperate with law enforcement agencies on the investigation and formally apply to claim the frozen assets.
Nasdaq CEO: Tokenization Could Unlock Billions in Trapped Capital Across the Global Financial System, AI Is Crucial for 24/7 Trading
Odaily News: At TOKEN 2049 Singapore, Nasdaq CEO Adena Friedman stated that tokenizing Treasuries, equities, money market funds, and cash could enhance collateral liquidity and unlock billions of dollars in trapped capital across the global financial system. Institutional interest in tokenization has grown significantly over the past year, partly driven by the U.S. GENIUS Act establishing a regulatory framework for stablecoins. She noted that institutional interest is converging with retail demand for round-the-clock trading, with the retail ecosystem roughly 10 years ahead, but moving toward a fully 24/7 market is a massive undertaking for the financial industry, requiring risk and collateral management to operate continuously in real time. She also pointed out that AI is crucial for 24/7 trading, and Nasdaq has already launched digital agents on its risk management platform, initially providing recommendations, with banks potentially using them in the future to take more direct actions. Kraken co-CEO Arjun Sethi said that companies outside the U.S. are also highly interested in tokenization and accessing U.S. capital markets, including a company with approximately $25 million in revenue and larger international firms. Friedman cautioned that not all assets have sufficient liquidity to support a 24/7 trading environment.
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.
Ansem: Billions in On-Chain Stablecoins Await Re-entry into Risk Markets, Rally May Accelerate
Odaily News Trader Ansem (@blknoiz06) stated in a post on platform X that billions of dollars in stablecoins are currently sitting on-chain, waiting to re-enter risk asset markets.Ansem believes that in the coming weeks, market participants will gradually realize that major crypto assets (Majors) do not necessarily need to hit new all-time highs, and capital rotation may occur sooner than expected.He noted that as stablecoin funds flow back into risk assets, the market could see a stronger upward rally.
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.
Ballet Founder: BTC Stolen from Binance May Be Difficult to Recover, Crypto Market Already Able to Withstand Tens of Billions in Losses
According to Bloomberg reports, Bobby Lee, founder of the digital asset hardware wallet company Ballet, stated in an interview with Bloomberg Television that the Bitcoin stolen in the Binance security incident is likely irrecoverable, as the related assets have already fallen into the hands of the hackers. He noted that stablecoins are currently the asset type with the most realistic chance of recovery, but freezing assets does not mean the recovery process is complete. Binance will still need to cooperate with law enforcement agencies on the investigation and formally apply to claim the frozen assets.
XRP Ledger Fixes Decade-Old Vulnerability That Could Have Minted Billions of XRP Out of Thin Air
The XRP Ledger recently patched a critical security vulnerability traceable to 2015. Discovered by researcher Cayden Liao and Veria AI, the issue was reported internally on September 22. Attackers could exploit a counter overflow flaw in the ledger’s built-in exchange to create massive amounts of XRP from thin air at an extremely low cost by opening hundreds of accounts, then transfer and liquidate them to bypass XRP’s fixed supply cap of 100 billion. RippleX quietly released the patched version xrpld 3.4.1 on September 25, stating that there is currently no evidence of the public network having been exploited.
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)
XRP Ledger Fixes Decade-Old Vulnerability That Could Have Minted Billions of XRP Out of Thin Air
The XRP Ledger recently patched a critical security vulnerability traceable to 2015. Discovered by researcher Cayden Liao and Veria AI, the issue was reported internally on September 22. Attackers could exploit a counter overflow flaw in the ledger’s built-in exchange to create massive amounts of XRP from thin air at an extremely low cost by opening hundreds of accounts, then transfer and liquidate them to bypass XRP’s fixed supply cap of 100 billion. RippleX quietly released the patched version xrpld 3.4.1 on September 25, stating that there is currently no evidence of the public network having been exploited.
Nasdaq CEO: Tokenization Could Unlock Billions in Trapped Capital Across the Global Financial System, AI Is Crucial for 24/7 Trading
Odaily News: At TOKEN 2049 Singapore, Nasdaq CEO Adena Friedman stated that tokenizing Treasuries, equities, money market funds, and cash could enhance collateral liquidity and unlock billions of dollars in trapped capital across the global financial system. Institutional interest in tokenization has grown significantly over the past year, partly driven by the U.S. GENIUS Act establishing a regulatory framework for stablecoins. She noted that institutional interest is converging with retail demand for round-the-clock trading, with the retail ecosystem roughly 10 years ahead, but moving toward a fully 24/7 market is a massive undertaking for the financial industry, requiring risk and collateral management to operate continuously in real time. She also pointed out that AI is crucial for 24/7 trading, and Nasdaq has already launched digital agents on its risk management platform, initially providing recommendations, with banks potentially using them in the future to take more direct actions. Kraken co-CEO Arjun Sethi said that companies outside the U.S. are also highly interested in tokenization and accessing U.S. capital markets, including a company with approximately $25 million in revenue and larger international firms. Friedman cautioned that not all assets have sufficient liquidity to support a 24/7 trading environment.
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.
Related news
Ballet Founder: BTC Stolen from Binance May Be Difficult to Recover, Crypto Market Already Able to Withstand Tens of Billions in Losses
According to Bloomberg reports, Bobby Lee, founder of the digital asset hardware wallet company Ballet, stated in an interview with Bloomberg Television that the Bitcoin stolen in the Binance security incident is likely irrecoverable, as the related assets have already fallen into the hands of the hackers. He noted that stablecoins are currently the asset type with the most realistic chance of recovery, but freezing assets does not mean the recovery process is complete. Binance will still need to cooperate with law enforcement agencies on the investigation and formally apply to claim the frozen assets.
Coinbase Partners with Thunes to Connect Stablecoins to Billions of Bank Accounts and Mobile Wallets
Odaily report: Cryptocurrency exchange Coinbase has reached a partnership with Singapore-based payment network Thunes to connect stablecoin transfers with bank account and mobile wallet payouts, covering billions of accounts. The partnership targets vendor payments, gig income disbursements, and international remittances, with recipients able to receive funds in real time via bank accounts or mobile wallets.Coinbase will integrate Thunes' Direct Global Network, gaining the ability to receive funds through local clearing systems and alternative payment methods. Thunes is responsible for the "last mile" of funds entering recipients' bank accounts and mobile wallets, with its network covering more than 140 countries and over 90 currencies.Coinbase will provide stablecoin infrastructure to help Thunes further incorporate relevant tokens into its business operations. Thunes said its network connects more than 12 billion mobile wallets, stablecoin wallets, and bank accounts, and covers over 220 payment methods. (Bitcoin.com News)
Specter retweets warning about community InfoFi project BILL suspected as a scam, with token price plummeting 97% from its highs.
On-chain detective Specter reposted a tweet on X cautioning the community about a suspected scam surrounding the InfoFi project BILL. According to reports, the Billion (BILL) token has dropped approximately 97% from its all-time high. Over the past two months, 17 wallets receiving tokens from team-associated addresses deposited approximately 988 million BILL to CEXs. Additionally, an independent deposit address transferred 360 million BILL to CEXs this week. These tokens were sourced from the project team's multi-sig wallet.
XRP Ledger Fixes Decade-Old Vulnerability That Could Have Minted Billions of XRP Out of Thin Air
The XRP Ledger recently patched a critical security vulnerability traceable to 2015. Discovered by researcher Cayden Liao and Veria AI, the issue was reported internally on September 22. Attackers could exploit a counter overflow flaw in the ledger’s built-in exchange to create massive amounts of XRP from thin air at an extremely low cost by opening hundreds of accounts, then transfer and liquidate them to bypass XRP’s fixed supply cap of 100 billion. RippleX quietly released the patched version xrpld 3.4.1 on September 25, stating that there is currently no evidence of the public network having been exploited.
Nasdaq CEO: Tokenization Could Unlock Billions in Trapped Capital Across the Global Financial System, AI Is Crucial for 24/7 Trading
Odaily News: At TOKEN 2049 Singapore, Nasdaq CEO Adena Friedman stated that tokenizing Treasuries, equities, money market funds, and cash could enhance collateral liquidity and unlock billions of dollars in trapped capital across the global financial system. Institutional interest in tokenization has grown significantly over the past year, partly driven by the U.S. GENIUS Act establishing a regulatory framework for stablecoins. She noted that institutional interest is converging with retail demand for round-the-clock trading, with the retail ecosystem roughly 10 years ahead, but moving toward a fully 24/7 market is a massive undertaking for the financial industry, requiring risk and collateral management to operate continuously in real time. She also pointed out that AI is crucial for 24/7 trading, and Nasdaq has already launched digital agents on its risk management platform, initially providing recommendations, with banks potentially using them in the future to take more direct actions. Kraken co-CEO Arjun Sethi said that companies outside the U.S. are also highly interested in tokenization and accessing U.S. capital markets, including a company with approximately $25 million in revenue and larger international firms. Friedman cautioned that not all assets have sufficient liquidity to support a 24/7 trading environment.
Kraken Parent Company Payward Bets Billions on Financial Infrastructure Transformation
Kraken parent company Payward has announced a major investment to advance its strategic transformation, dedicated to building comprehensive financial infrastructure rather than simply operating as a cryptocurrency exchange.