ChainCatcher news, encrypted KOL AB Kuai.Dong (@_FORAB) posted on X, stating that according to community information and confirmation from several industry insiders, the Cetus protocol, which was attacked by hackers on May 22, was developed by a team that previously created the decentralized finance project Crema Finance on the Solana ecosystem.Previously, Crema Finance suffered a hack in 2022, resulting in a loss of approximately $9.6 million in funds. After the attack, the hacker voluntarily returned about $8 million of the stolen funds.

ChainCatcher news, Bithumb is hosting a SOON airdrop event. The event period is from May 23, 2025, to May 25, 2025, targeting members who trade SOON for more than 2 days during this period. The total reward is 200,000 USDT, which will be distributed on June 10.

ChainCatcher news, Binance announces that its Alpha platform has launched the SOON (SOON) token airdrop event. Eligible users must hold at least 190 Binance Alpha points to log in to the Alpha event page and claim 180 SOON tokens starting from May 23, 2025, at 16:00 (UTC+8).Claiming this airdrop will consume 15 Alpha points, and the claiming window is 24 hours. Users must complete the operation before May 24, 2025, at 16:00 (UTC+8), or it will be considered forfeited.

ChainCatcher news, global law enforcement agencies joint operation "Operation RapTor" successfully cracked down on darknet drug networks, arresting a total of 270 suspects and seizing $200 million in cash and crypto assets.This operation spanned 10 countries, confiscating over two tons of drugs (including 144 kilograms of fentanyl) and 180 firearms, marking the largest law enforcement action in the history of the U.S. Department of Justice's J-CODE initiative.

ChainCatcher news, according to FinanceFeeds, the U.S. House of Representatives will hold a hearing on the crypto market structure bill on June 10.The bill aims to establish a comprehensive regulatory framework for digital assets in the United States, clarifying whether certain cryptocurrencies should be considered securities or commodities, thereby determining whether the primary regulator will be the U.S. Securities and Exchange Commission (SEC) or the Commodity Futures Trading Commission (CFTC). The bill also includes clear operational guidelines for digital asset classification, crypto exchanges, token issuers, and custodians, as well as enhanced consumer protection measures.

ChainCatcher news, according to Southeast Network, the Mawei Court in Fujian recently concluded a virtual currency trading dispute case. A man named Sui paid 18,000 yuan to Ye to purchase virtual currency, which led to a dispute, and he requested the return of the full amount.The court ruled to dismiss the claim, stating that virtual currency does not have the status of legal tender in China, and related transactions violate public order and good morals, thus are not protected by law. The investment risk should be borne by the individual.

ChainCatcher message, crypto analyst ali_charts stated that ETH has established a solid support level at $2,370, with no significant resistance ahead.

ChainCatcher news, Bitget Onchain trading has launched the MEME tokens in the Solana ecosystem: RWA, gib, KING, ufun, moonpig, LABUBU.Bitget Onchain trading aims to seamlessly connect CEX and DEX, providing users with a more convenient, efficient, and secure on-chain trading experience. Users can directly trade popular on-chain assets using the spot account (USDT/USDC) in the Bitget App. Currently, it supports popular public chains such as Solana (SOL), BNB Smart Chain (BSC), and Base.

ChainCatcher news, according to Lookonchain monitoring, a certain whale spent 1,704 SOL 2 hours ago to buy 53.88 million BC, worth approximately $301,000.

ChainCatcher message, the Haedal protocol officially announced that due to a recent security vulnerability incident in the Cetus protocol, the haeVault feature relying on the Cetus pool has been temporarily disabled.The Haedal team is in close communication with Cetus and other ecosystem partners, and stated that other features of the Haedal platform are not affected, and user funds are completely safe.

ChainCatcher message, according to Binance's announcement, Binance will launch the SOONUSDT perpetual contract on May 23, 2025, at 16:30 (UTC+8), with a maximum leverage of up to 50 times.

ChainCatcher news, Satoshi Action Fund co-founder Dennis Porter posted on X that Texas Governor Greg Abbott shared an article titled "Texas Pushes for Strategic Bitcoin Reserve: State Treasury Enters a New Era" on X. The article praises the Strategic Bitcoin Reserve (SBR) and describes the governor as a "staunch supporter of cryptocurrency." Greg Abbott is expected to sign the SBR into law.Previously reported, Texas passed the Strategic Bitcoin Reserve bill SB21, which was approved by a vote of 101 in favor and 42 against in its third reading, and it has now been submitted to the governor's office for signing.

ChainCatcher news, according to The Wall Street Journal, major U.S. banks, including JPMorgan Chase and Bank of America, are exploring a joint stablecoin project to directly compete with the growing dominance of the crypto industry in the digital payments space. These banks are discussing through their jointly owned payment companies, including Early Warning Services and the clearinghouse.The initiative relies on upcoming stablecoin legislation, such as the bipartisan GENIUS Act, which aims to regulate payment stablecoins by setting Federal Reserve standards, transparency, and issuer oversight. This bill made progress in the Senate this week. If the bill becomes law, stablecoins could accelerate the widespread adoption of digital assets and enhance the investment value of Bitcoin and other cryptocurrencies.

ChainCatcher news, the Rotterdam-based crypto asset management company Blockrise announced the completion of a €2 million seed round financing, with participation from Golden Egg Check Capital. The new funds are intended to prepare for the implementation of regulatory regulations for the European crypto asset market and to strive for the issuance of the crypto asset market regulatory MiCAR license from the Dutch Authority for the Financial Markets (AFM). The company expects to launch its Series A financing by the end of the year and expand its Bitcoin custody and asset management platform.

ChainCatcher news, according to Coinmarketcap data, the Altcoin Season Index is currently at 27, having previously dropped to 22 on May 17. This index indicates that in the past 90 days, about 27 projects among the top 100 cryptocurrencies by market capitalization have outperformed Bitcoin.Note: The CMC Cryptocurrency Altcoin Season Index is a real-time indicator used to determine whether the current cryptocurrency market is in an altcoin-dominated season. This index is based on the performance of the top 100 altcoins relative to Bitcoin over the past 90 days.

ChainCatcher news, according to official sources, Binance Alpha has reduced the limit order trading fees for specified tokens to 0.01%. The applicable tokens include: MERL, XTER, as well as the trading competition tokens BANK, AGT, REX, PUFFER, FHE, with the deadline to be announced later.

ChainCatcher news, SOON will announce the latest economic model for its token $SOON, with a total supply of 1 billion tokens. The specific allocation is as follows: community incentives 51% (including NFT airdrops, copy trading incentives, early participants, user tasks, etc.), ecological construction 25%, airdrop and liquidity support 8%, foundation 6%, team and co-builders 10%. The token will initially be on the Solana and BNB Chain.At the same time, SOON's live copy trading product Simpfor.fun V2 is officially launched, supporting one-click copying of smart money address trades on Hyperliquid, including the James Wynn address. In the future, on-chain gold trading will be introduced, focusing on copy trading RWA asset directions and adapting live streaming plugins for platforms like Twitch and SOOP, enabling one-click copy trading in live rooms, allowing streamers to earn up to 80% in commission without trading capabilities. This product will become a core component of the SOON LiveTrade strategy, opening a low-threshold entry for Web2 users into on-chain finance.

ChainCatcher news, Trump stated on Truth Social, "America dominates in the fields of cryptocurrency and Bitcoin, and we will continue to maintain this advantage."