News linked to both this project and an event.
The China Securities Regulatory Commission (CSRC), the Ministry of Industry and Information Technology, the Ministry of Public Security, the People’s Bank of China, and five other departments jointly issued the “Implementation Plan for Comprehensive Rectification of Illegal Cross-Border Securities, Futures, and Fund Operations,” specifying a two-year concentrated campaign to tackle illegal cross-border securities, futures, and fund operations, with the goal of “resolutely banning illegal activities and steadily clearing existing cases.” The plan prohibits overseas institutions from conducting marketing, account opening, trade order processing, and fund transfers illegally within China; bans internet platforms, self-media outlets, and domestic entities from providing traffic-driving, technical, or customer service support; and mandates that, during the rectification period, existing accounts may only conduct one-way sell orders and fund withdrawals.
According to official announcements, B.AI has added support for $HTX deposits. Public information indicates that B.AI is a financial infrastructure built for the AI Agent era, dedicated to addressing core requirements of AI Agents in areas such as model integration, payments, clearing and settlement, identity management, and collaboration. As the sole designated partner token of Huobi HTX, $HTX’s integration with B.AI is viewed by the market as a further expansion of $HTX into the AI application ecosystem.
the U.S. SEC is seeking public comments on prediction market ETFs and has postponed the approval process for related "new-type ETFs."SEC Chairman Paul Atkins stated, "New products bring new questions," indicating that regulators need to further assess the impact of such products. Previously, Bitwise, Roundhill, and GraniteShares have submitted applications for prediction market ETFs, which would track the outcomes of events such as U.S. elections.Bloomberg ETF analyst Eric Balchunas noted that the SEC is currently evaluating prediction market ETFs cautiously, similar to its previous approach to spot crypto ETFs. (Cointelegraph)
Eric Balchunas, Bloomberg ETF analyst, stated in a post that the U.S. Securities and Exchange Commission (SEC) Chair is soliciting public comments on prediction market ETFs. Balchunas noted that the Commission is clearly researching and evaluating such products and seeks additional time and input. He believes prediction market ETFs are a novel concept—akin to cryptocurrencies—and regulators aim to ensure their safety before formally approving them.
B.AI has officially integrated into the Solana ecosystem, comprehensively upgrading its cross-chain login and payment capabilities. Users can now log in with one click via MetaMask and Phantom wallets and top up or subscribe using SOL, USDT, USDC, or WBTC on the Solana network. B.AI now supports eight major public blockchains—TRON, BNB Chain, Ethereum, Base, Arbitrum, Optimism, Polygon, and Solana—building a more open and decentralized multi-chain AI economy. New users enjoy an exclusive limited-time welcome offer: 500,000 points upon first login, a 1:1 bonus on top-ups, and up to an additional $100 worth of points per user. Going forward, B.AI will lower entry barriers and expand asset options to help you seamlessly enter the new era of intelligent economics.
Vibhu, Chief Product Officer of the Solana Foundation, and professional trader drews888 each contributed $10,000 to launch a public trading duel on the Phoenix Trade platform. As of market close on May 25, the participant with the better profit-and-loss performance will receive an additional $1,000 reward from the other.
The Public Security Ministry’s Criminal Investigation Bureau published an article titled “Beware of Online Fraud Targeting Minors” on its official WeChat account, exposing a new type of online fraud characterized by “gaming-based traffic diversion + impersonation of public security, procuratorial, and judicial organs + virtual currency money laundering.” Fraudsters lure minors into adding them as friends via advertisements posted on gaming and social media platforms, then use intimidation and other tactics to obtain funds from the minors’ parents’ accounts. The illicit proceeds are split and withdrawn through black-market and gray-market platforms before being used to purchase virtual currencies. These virtual currencies face no geographical restrictions and can silently flow back to overseas fraud dens, achieving “physical isolation” for cross-border fund transfers. The Public Security Ministry’s Criminal Investigation Bureau warns: Public security, procuratorial, and judicial organs never conduct investigations online, never threaten to deduct funds, and never request passwords or verification codes.
According to on-chain analyst Ember (@EmberCN), following yesterday’s rsETH incident, a whale withdrew 10,800 ETH—worth approximately $24.91 million—from Aave in the early hours. Subsequently, this address sold all of the ETH on-chain today, receiving 24.91 million USDC at an average execution price of roughly $2,300 per ETH. Public data indicates that this batch of ETH was purchased in March at $2,081 per ETH; thus, based on the current sale price, the whale realized cumulative profits of approximately $2.41 million.