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Free is a cross-chain bridge protocol designed to enable the movement of pledged assets (e.g., M-BTC, SolvBTC, and STONE) across various blockchain networks. It is designed to provide users with the freedom to transfer assets while potentially receiving additional rewards.
Wall Street Journal: Stablecoins Essentially "Private Money" That Could Pose Risks to the Financial System
Although the GENIUS Act and the CLARITY Act are pushing for stablecoin compliance, stablecoins remain essentially "private money" and could introduce structural risks to the financial system.The article points out that stablecoins aim to combine the stability of the US dollar with the payment efficiency of blockchain, but because they operate on fragmented, privatized infrastructure, they lack the uniformity of the traditional dollar system. While USDT and USDC are pegged to the US dollar, their prices can still deviate from $1.Additionally, stablecoin issuers have incentives to boost yields by allocating capital to high-risk, low-liquidity assets. Should the value of these assets decline, it could trigger de-pegging and concentrated redemption risks. Citing Chainalysis data, the article states that stablecoins account for 84% of illicit crypto activity, primarily involving sanctions evasion and money laundering, while their use in real economy payments accounts for less than 1%.The Wall Street Journal argues that stablecoins are essentially repeating the path of the private money experiments seen during the "Free Banking Era" in 19th-century America. In the future, they may need to accept stricter regulation, similar to banks, and require deeper integration into the central banking system. (Wall Street Journal)
IOTA Announces Kenya, Morocco, and Nigeria as the First Countries to Implement the ADAPT Program
According to an official announcement, the blockchain infrastructure protocol project IOTA has named Kenya, Morocco, and Nigeria as the first countries to implement the ADAPT initiative. These three countries were selected through a rigorous evaluation process assessing their political commitment, regulatory readiness, maturity of digital infrastructure, and private-sector engagement. Launched in November 2025, the African Digital Access and Public Infrastructure for Trade (ADAPT) initiative is spearheaded by the African Continental Free Trade Area (AfCFTA) Secretariat and co-developed with the Tony Blair Institute for Global Change, the World Economic Forum, and the IOTA Foundation. ADAPT aims to build shared digital infrastructure for intra-African trade, covering digital identity, cross-border data exchange, and payment interoperability.
Crypto.com receives UAE Stored Value Facility license, enabling crypto asset payments for government service fees
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.
ZachXBT: US Law Firms' "Free-Riding Claims" May Hinder Recovery and Compensation of Funds for Hacking Victims
Odaily Odaily PaperImperium, the head of MegaETH, disclosed on X platform that documents from the U.S. District Court for the Southern District of New York show that a U.S. court has issued an injunction against the Arbitrum DAO, prohibiting it from transferring approximately $71 million in ETH assets that were previously frozen during the KelpDAO hacking incident. In response, on-chain detective ZachXBT posted on X platform, stating that certain U.S. law firms are using his investigative work and on-chain forensics to help victims of some hacking incidents file legal claims. However, this practice may actually slow down or hinder victims from receiving compensation or recovering funds.ZachXBT added that in previous hacking incidents involving the Lazarus Group, such law firms often stepped in after on-chain fund tracking or freezing was completed, proposing subsequent legal actions that were weakly related to the crypto incidents themselves. Similar "free-riding claims" strategies were used in events like Harmony and Bybit. He called on the crypto community to establish a DAO to resist such practices.
JUST 6th Anniversary × Gas-Free Carnival Month – Enhanced! Join Us to Share $10,000 USDT
JUST’s 6th Anniversary × GasFree Super Carnival Month – Rewards Keep Growing! From May 25 to 31, users who create or log in to a GasFree wallet address using one of the designated wallets (TronLink Wallet, Klever Wallet, Guarda Wallet, or NOW Wallet), deposit USDT into their GasFree address, and conduct USDT transfers via GasFree are eligible to share in a $10,000 USDT prize pool. The more transfers you make, the higher your ranking—and the greater your chance to receive transaction fee reimbursements, up to $66 USDT per wallet address. Additionally, users who use GasFree for the first time during the campaign and successfully qualify for reimbursement will receive an extra “Easter Egg” reward of $20 USDT. Meanwhile, the first round of GasFree’s “Lucky 6” Golden Fish Campaign has already begun (May 25, 18:00 – May 26, 18:00 SGT). If your transfer falls at position #6, #66, #166, or other lucky numbers, you’ll instantly win $20 USDT. This campaign runs through May 29. Also, follow @DeFi_JUST and retweet with engagement—10 lucky winners will be randomly selected to share an additional $200 USDT in rewards. Create or log in to your GasFree wallet now and start your zero-gas-fee transfer journey—unlock multiple surprise rewards today!
Gate Launches Exclusive VIP SpaceX (SPCX) Airdrop Program, VIP 5+ Users and Super Agents Enjoy Free Airdrops
Odaily News: Digital asset trading platform Gate will list the first Pre-IPOs project SpaceX (SPCX) and simultaneously launch an airdrop incentive program targeting high-tier users and super agents.The subscription period for this SpaceX (SPCX) project is from 18:00 on April 20, 2026, to 18:00 on April 22, 2026 (UTC+8). The total subscription amount is 33,900 SPCX, valued at approximately $20.001 million. The project supports subscriptions in USDT and GUSD. Upon completion of the subscription, tokens will be 100% unlocked for pre-market trading.Concurrently, the platform has initiated a VIP-exclusive airdrop event, distributing SPCX asset vouchers to users with VIP level 5 and above and super agents. The event runs from 18:00 on April 15, 2026, to 18:00 on April 22, 2026 (UTC+8). Users must meet conditions such as registration and net deposits to participate. Rewards will be distributed in tiers based on VIP level and will be issued collectively after the subscription period ends. Additionally, eligible super agents can also receive a fixed quota of SPCX airdrops.
Bitget Offers Free Access to US Stock L2 Depth Quotes for VIP Users
According to an official announcement, Bitget has launched US stock L2 depth quotes, supporting Nasdaq TotalView, Blue Ocean, and other multi-market data, covering US stock pre-market, regular trading, after-hours, and extended-hours sessions, operating 24/7. Users can view up to 40 levels of buy and sell order books, depth charts, and trade-by-trade details. Users with a trading level of VIP1 or above, or an asset holding level of VIP3 or above, can unlock this feature for free.
Huobi Margin Launches User Reward Program: Interest-Free and Guaranteed Loss Coverage for New Users’ First 1 USDT Position; Up to 30% of Trading Fees Refunded; Participate in Trading to Share a $20,000 USDT Prize Pool
According to the official announcement, HTX has officially launched its “Margin User Rewards Program” and simultaneously kicked off the ninth edition of its Margin Trading Competition. From now until 20:00 (UTC+8) on June 15, users who register and complete KYC verification can participate to enjoy trading fee rebates, accelerated order execution, and exclusive benefits for newcomers—expressing HTX’s gratitude for users’ long-term support and trust. For new margin traders, HTX offers a “$1 Margin Opening” experience: users need only $1 USDT as initial capital to execute their first $10 USDT margin trade. The platform provides $9 USDT in interest-free borrowed funds, and HTX will compensate users for losses on their first trade—significantly lowering the barrier to entry for margin trading. Additionally, HTX has launched a Margin Trading Competition with a total prize pool of $20,000 USDT. During the event, users can receive up to 30% in trading fee rebates based on their margin trading volume. Notably, margin trading volume in designated cryptocurrencies—including BTC, ETH, SOL, DOGE, TRX, and XRP—is counted at triple weight toward the total volume, helping users seize market opportunities and unlock higher rebate tiers more quickly.
OpenAI Partners with Malta to Offer ChatGPT Plus Free of Charge to All Citizens
According to Cointelegraph, OpenAI and the Government of Malta have announced the world’s first partnership to roll out ChatGPT Plus to all Maltese citizens—a landmark agreement marking the first time a government has entered into such a collaboration with the AI company. OpenAI announced on Saturday that under this initiative, citizens who complete a government-supported AI literacy course will receive one year of free access to ChatGPT Plus. Developed by the University of Malta, the course covers the definition, capabilities, and limitations of AI, as well as how to use AI responsibly in both home and workplace settings.
Bitget Wallet Launches API Management Platform, Free for Developers and Institutional Clients
Bitget Wallet announces the launch of its API Management Platform, now freely available to global developers and institutional clients, offering a full-stack API service covering same-chain swaps, cross-chain transactions, and real-time market data.
Bitget Wallet Launches API Management Platform, Available Free for Developers and Institutional Clients
Bitget Wallet has announced the launch of its API management platform, now available free of charge to developers and institutional clients worldwide. The platform provides a full-stack API service encompassing same-chain swaps, cross-chain transactions, and real-time market data.Developers and institutional clients can now register for an account and apply for an API Key directly through the platform, gaining free access to Bitget Wallet's on-chain trading infrastructure without the need to build complex backend systems from scratch. Additionally, building upon its previous support for 7 public chains including Ethereum, Solana, BNB Chain, Base, and Morph, this launch adds support for HyperEVM and Hypercore. It also introduces cross-chain APIs, chain query and broadcast interfaces, and the NoGas feature, reducing transaction friction for end users. The market data API currently covers 33 public chains and over 200 mainstream tokenized stocks, and incorporates an AI risk detection module capable of identifying anomalous tokens, unusual transaction behaviors, and unstable trading routes.Built on Bitget Wallet's proprietary DEX aggregation engine, the API processes an average daily aggregated trading volume of over $20 million and carries approximately 80% of the wallet's core transaction volume. Currently, the API is deeply integrated with leading aggregators and solvers including 0x Protocol, LI.FI, CoW Swap, deBridge, Velora, and XO Swap. The launch of this management platform will further lower the barrier for developer integration, enabling more products to build everyday financial services on top of Bitget Wallet's on-chain trading infrastructure.
Crypto.com receives UAE Stored Value Facility license, enabling crypto asset payments for government service fees
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.
Related news
Bitget Offers Free Access to US Stock L2 Depth Quotes for VIP Users
According to an official announcement, Bitget has launched US stock L2 depth quotes, supporting Nasdaq TotalView, Blue Ocean, and other multi-market data, covering US stock pre-market, regular trading, after-hours, and extended-hours sessions, operating 24/7. Users can view up to 40 levels of buy and sell order books, depth charts, and trade-by-trade details. Users with a trading level of VIP1 or above, or an asset holding level of VIP3 or above, can unlock this feature for free.
Huobi Margin Launches User Reward Program: Interest-Free and Guaranteed Loss Coverage for New Users’ First 1 USDT Position; Up to 30% of Trading Fees Refunded; Participate in Trading to Share a $20,000 USDT Prize Pool
According to the official announcement, HTX has officially launched its “Margin User Rewards Program” and simultaneously kicked off the ninth edition of its Margin Trading Competition. From now until 20:00 (UTC+8) on June 15, users who register and complete KYC verification can participate to enjoy trading fee rebates, accelerated order execution, and exclusive benefits for newcomers—expressing HTX’s gratitude for users’ long-term support and trust. For new margin traders, HTX offers a “$1 Margin Opening” experience: users need only $1 USDT as initial capital to execute their first $10 USDT margin trade. The platform provides $9 USDT in interest-free borrowed funds, and HTX will compensate users for losses on their first trade—significantly lowering the barrier to entry for margin trading. Additionally, HTX has launched a Margin Trading Competition with a total prize pool of $20,000 USDT. During the event, users can receive up to 30% in trading fee rebates based on their margin trading volume. Notably, margin trading volume in designated cryptocurrencies—including BTC, ETH, SOL, DOGE, TRX, and XRP—is counted at triple weight toward the total volume, helping users seize market opportunities and unlock higher rebate tiers more quickly.
Wall Street Journal: Stablecoins Essentially "Private Money" That Could Pose Risks to the Financial System
Although the GENIUS Act and the CLARITY Act are pushing for stablecoin compliance, stablecoins remain essentially "private money" and could introduce structural risks to the financial system.The article points out that stablecoins aim to combine the stability of the US dollar with the payment efficiency of blockchain, but because they operate on fragmented, privatized infrastructure, they lack the uniformity of the traditional dollar system. While USDT and USDC are pegged to the US dollar, their prices can still deviate from $1.Additionally, stablecoin issuers have incentives to boost yields by allocating capital to high-risk, low-liquidity assets. Should the value of these assets decline, it could trigger de-pegging and concentrated redemption risks. Citing Chainalysis data, the article states that stablecoins account for 84% of illicit crypto activity, primarily involving sanctions evasion and money laundering, while their use in real economy payments accounts for less than 1%.The Wall Street Journal argues that stablecoins are essentially repeating the path of the private money experiments seen during the "Free Banking Era" in 19th-century America. In the future, they may need to accept stricter regulation, similar to banks, and require deeper integration into the central banking system. (Wall Street Journal)
JUST 6th Anniversary × Gas-Free Carnival Month – Enhanced! Join Us to Share $10,000 USDT
JUST’s 6th Anniversary × GasFree Super Carnival Month – Rewards Keep Growing! From May 25 to 31, users who create or log in to a GasFree wallet address using one of the designated wallets (TronLink Wallet, Klever Wallet, Guarda Wallet, or NOW Wallet), deposit USDT into their GasFree address, and conduct USDT transfers via GasFree are eligible to share in a $10,000 USDT prize pool. The more transfers you make, the higher your ranking—and the greater your chance to receive transaction fee reimbursements, up to $66 USDT per wallet address. Additionally, users who use GasFree for the first time during the campaign and successfully qualify for reimbursement will receive an extra “Easter Egg” reward of $20 USDT. Meanwhile, the first round of GasFree’s “Lucky 6” Golden Fish Campaign has already begun (May 25, 18:00 – May 26, 18:00 SGT). If your transfer falls at position #6, #66, #166, or other lucky numbers, you’ll instantly win $20 USDT. This campaign runs through May 29. Also, follow @DeFi_JUST and retweet with engagement—10 lucky winners will be randomly selected to share an additional $200 USDT in rewards. Create or log in to your GasFree wallet now and start your zero-gas-fee transfer journey—unlock multiple surprise rewards today!
IOTA Announces Kenya, Morocco, and Nigeria as the First Countries to Implement the ADAPT Program
According to an official announcement, the blockchain infrastructure protocol project IOTA has named Kenya, Morocco, and Nigeria as the first countries to implement the ADAPT initiative. These three countries were selected through a rigorous evaluation process assessing their political commitment, regulatory readiness, maturity of digital infrastructure, and private-sector engagement. Launched in November 2025, the African Digital Access and Public Infrastructure for Trade (ADAPT) initiative is spearheaded by the African Continental Free Trade Area (AfCFTA) Secretariat and co-developed with the Tony Blair Institute for Global Change, the World Economic Forum, and the IOTA Foundation. ADAPT aims to build shared digital infrastructure for intra-African trade, covering digital identity, cross-border data exchange, and payment interoperability.
JUST 6th Anniversary × Gas-Free Super Carnival Month Launches Today
JUST, in collaboration with key ecosystem partners including TronLink, Klever Wallet, Guarda Wallet, and NOW Wallet, has launched the GasFree Super Carnival Month, officially kicking off a massive prize pool of up to $10,000 USDT.