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Strike CEO Jack Mallers stated in the What Bitcoin Did podcast that Wall Street's increasing involvement in Bitcoin will not pose a threat or conflict to Bitcoin itself.He pointed out that if Wall Street's intervention could destroy Bitcoin, then Bitcoin would not have been able to succeed from the very beginning. The vision of Bitcoin is to become the currency for all humanity, which means its user base encompasses everyone. Currently, Bitcoin is competing for global capital, and as Bitcoin becomes monetized, assets such as real estate, art, and government debt will face demonetization. In addition, traditional financial institutions are accelerating their capture of crypto platform customers, with Morgan Stanley launching a cryptocurrency trading pilot on the E*Trade platform, charging retail fees lower than mainstream platforms like Coinbase and Robinhood.

The People's Court of Haidian District, Beijing, disclosed a case involving virtual currency "box opening." The defendant illegally obtained citizens' personal information through encrypted communication tools and other channels, unlawfully acquiring over 900 million pieces of information data, building a "social engineering database" website storing over 170 million pieces of citizens' personal information, and profiting by selling it in exchange for virtual currency. Additionally, they used encrypted communication tools to establish a "box opening hang person" group to publish illegal information that infringes on privacy.The court sentenced the principal offender, Lin, to 7 years in prison for the crime of infringing on citizens' personal information and the crime of illegally using information networks, and imposed a fine of 70,000 yuan.

The on-chain detective ZachXBT, who calls himself a "fraud fighter," is increasingly being pointed to by on-chain behavior analysis as having another identity: he is not a lone righteous messenger but more like a "public spokesperson" for a premeditated short-selling team. Multiple "preview-style revelations" have triggered sharp declines in token prices, with accusations of coordinated efforts involving pre-positioned short orders and precise timing.At the same time, ZachXBT himself is embroiled in serious controversy. In 2025, he received 50% of the supply of the meme coin ZACHXBT, inflated its market value to $88 million, and then withdrew nearly $4 million in liquidity, creating a "case investigation-style rug pull." Additionally, he has long accepted airdrops from project parties and rights protection coins without exception, cashing out every time; he earns over ten million dollars a year anonymously but has consistently refused to disclose his wallet and profit chain.An anonymous account questioned as a market manipulator is now turning around to "judge" the industry— is it a voice of justice, or is it creating a smokescreen for the next short-selling opportunity?

According to market news, Solv Protocol announced the migration of over $700 million of SolvBTC and xSolvBTC from the LayerZero cross-chain bridge to Chainlink's CCIP, and the deprecation of LayerZero support on networks such as Corn, Berachain, Rootstock, and TAC.Solv stated that this move is based on the latest security review and recent cross-chain attacks, positioning CCIP as the standard cross-chain infrastructure. This migration follows Kelp DAO's shift to Chainlink after its LayerZero-based bridge suffered an attack of approximately $292 million in rsETH.

ZachXBT posted on platform X that the founder of LAB released philosophical nonsense while participating in the manipulation of the CEX market that harms retail investors; they attempted to contact privately, but the message was read and not replied to; the scammers further undermined the last remaining credibility of the industry.

According to crypto analyst @SpecterAnalyst, Binance US suddenly announced the listing of the small-cap meme coin USDUC, with suspected insiders profiting over $417,000 from it.According to on-chain information, multiple wallets received funds from Kraken, MEXC, and Coinbase hours before the announcement, buying USDUC at a low price in the early session and realizing huge profits ranging from $45,000 to $137,000 through the favorable listing. Additionally, according to GMGN market information, the current market capitalization of USDUC is reported at $16.94 million, with a 24-hour trading volume reaching $24.1 million.

According to FinanceFeeds, the victim's lawyer from North Korea attempted to redefine the rsETH attack incident that occurred on Aave as "fraud" rather than "theft" before a hearing at the Manhattan federal court, in order to maintain a freeze order on assets worth $71 million in ETH.The lawyer argued that the attacker borrowed assets using worthless collateral and did not repay, which constitutes a fraudulent loan transaction, aiming to use these frozen assets to pay for terrorism judgment compensation under the Terrorism Risk Insurance Act.Previously, hackers associated with the Lazarus Group minted unsecured rsETH through a cross-chain bridge vulnerability and borrowed approximately $230 million in assets from Aave, of which $71 million was intercepted by Arbitrum developers. The victim's lawyer also questioned Aave's standing, pointing out that its terms of service state it does not have control over user assets. Additionally, DeFi United has raised $327 million, exceeding the amount in dispute.

According to the official announcement, Coinbase has announced the launch of perpetual contracts for gold and silver, open for trading to eligible non-U.S. users. Among them, GOLD-PERP corresponds to 1 troy ounce of spot gold, and SILVER-PERP corresponds to 1 troy ounce of spot silver, both settled in USDC, supporting 24/7 trading, with a maximum leverage of 25 times. Institutional users can trade through Coinbase International Exchange, while retail users can participate via the Coinbase website and app.Coinbase stated that this move is part of its "traditional financial assets on-chain" strategy, aiming to build an "Everything Exchange" that covers crypto assets, traditional assets, and new products.In addition, Coinbase mentioned that it is working with the CFTC to plan the expansion of gold and silver futures trading in the U.S. market to operate 24/7. The company believes this will support weekend hedging, continuous price discovery, and cross-asset strategy trading.

According to Decrypt, French chipmaker Sequans Communications sold 1,025 bitcoins in the first quarter of 2026, reducing its bitcoin holdings from 2,139 at the end of 2025 to 1,114 by the end of April, nearly halving its position.The company reported a net loss of $54.3 million in the first quarter, with operating losses widening from $7.3 million in the same period last year to $50.5 million. Financial documents show that the quarterly losses included an unrealized bitcoin impairment loss of $29.3 million and a realized sales loss of $11.7 million. Sequans began accumulating bitcoin in July 2025, previously positioning it as "a long-term store of value for shareholders." The company has pledged the remaining 817 bitcoins as collateral for $35.9 million in convertible notes. Sequans' stock price has fallen about 42% over the past six months.

On-chain detective ZachXBT tweeted that the DSJ Exchange (DSJEX) and the BG Wealth Sharing Ponzi scheme collapsed last week, with a total amount involved exceeding $150 million. The scheme had been operating since 2025, luring victims with high returns of 1.3%-2.6% daily. Between April 27 and May 3, criminals transferred and laundered over $92 million across chains to cover their tracks.ZachXBT stated that it had assisted Tether, Binance security teams, OKX, and U.S. law enforcement, and has currently frozen over $41.5 million in funds, including a single freeze of $38.4 million USDT on the TRON chain by Tether on May 4. ZachXBT warns that such scams primarily target ordinary retail investors, and victims should report to local police in a timely manner.

According to The Crypto Times, the High Court of Himachal Pradesh, India, rejected Abhishek Sharma's bail application. Sharma is one of the key promoters of a large-scale cryptocurrency MLM scam, which is suspected of defrauding over 80,000 investors across India, with estimated losses reaching 500 million rupees and a total investment pool of about 2 billion rupees.The report states that the scam involved several fraudulent crypto platforms such as Korvio, Voscrow, DGT, Hypenext, and A-Global, with investors promised double returns. In the early stages of the project, small returns were paid to attract more participants, but all payments suddenly stopped on December 25, 2021. Subsequently, the promoters directed users to other platforms, ultimately failing to pay any returns.The Enforcement Directorate (ED) had previously conducted searches at eight locations in Himachal Pradesh and Punjab, freezing approximately 12 million rupees in lockers and bank deposits. Investigators stated that the funds in the case were laundered through real estate developers, shell companies, and family bank accounts, with some senior individuals involved having fled to Dubai.

According to Cryptopolitan, a court in Barcelona is investigating six former Sevilla FC players for their alleged involvement in a fraud case related to the Shirtum crypto project.Newly submitted criminal complaints indicate that the project is accused of selling fake NFTs and manipulated tokens to investors, resulting in losses of over 24 million euros, approximately 28 million dollars. The players named in the complaint include Papu Gómez, Lucas Ocampos, Ivan Rakitić, Nico Pareja, Alberto Moreno, and Javier Saviola. Additionally, El Correo de Andalucía reports that Diego Perotti and Marcelo Guedes were also involved in promoting the project. Thirteen Spanish investors have filed a lawsuit with the Barcelona Investigative Court No. 5, claiming they lost all their funds.It is reported that Shirtum was promoted as a digital collectibles trading platform for football and sold "cinematic NFTs" containing player photos and recordings, priced at around 450 euros each. However, the complainants claim that these NFTs were never minted on any blockchain and cannot be transferred or resold. Furthermore, Shirtum's promoters previously obtained about 3 million euros in BNB from investors for the development of iOS and Android mobile applications, but the app was never launched, and the related funds were neither refunded nor accounted for.

In response to community users claiming that Binance Square "if you stay still for just 1 hour, your account will be banned," He Yi posted a response stating: "It is an issue with the live broadcast risk control strategy of the Square. Previously, we encountered some accounts that had no sound and no trading, running all day, so it automatically scans some live broadcasts that have no activity."He Yi added that they will resolve such issues.

According to The Block, North Korea has denied allegations of its involvement in cryptocurrency theft, calling the claims "absurd defamation" and a "political tool." The statement was released by state media, emphasizing that necessary measures will be taken to safeguard national interests.However, data from blockchain analysis firm TRM Labs shows that hacker groups associated with North Korea have stolen approximately $577 million, accounting for about 76% of global cryptocurrency theft losses during the same period. This includes two major attack incidents on KelpDAO (approximately $292 million) and Drift Protocol (approximately $285 million).TRM pointed out that the related attacks are mainly associated with the Lazarus Group and its sub-organizations. Since 2017, the cumulative scale of cryptocurrency theft linked to North Korea has exceeded $6 billion. U.S. and international agencies generally believe that such funds are used to support military and missile programs. Meanwhile, the U.S. Treasury has recently imposed sanctions on related individuals and entities, involving approximately $800 million in illegal fund flows for 2024.

According to Cointelegraph, the U.S. law firm Gerstein Harrow LLP has applied to the court for an injunction to prevent Arbitrum DAO from transferring frozen Ethereum assets related to the Kelp attack.The law firm claims that its clients have obtained default judgments in three cases against North Korea, totaling approximately $877 million (including punitive damages and interest), and assert a right to claim the related assets.Previously, Kelp DAO was attacked on April 18, resulting in losses of about $292 million, which is believed to be related to the North Korean hacker group Lazarus Group. Subsequently, the Arbitrum security committee urgently froze approximately 30,766 Ether (about $73 million).The incident has sparked controversy. Some community members believe that if the injunction takes effect, it will delay the return of funds to the victimized users and shift the North Korean-related debts onto secondary victims. Previously, Aave Labs had proposed to unfreeze the funds and inject them into a compensation fund to restore the damaged assets.It is worth noting that Gerstein Harrow has previously filed claims regarding assets stolen by North Korean-related hackers and frozen by cryptocurrency platforms, including the 2023 Heco Bridge incident. Industry analysts believe that this case may have a demonstrative impact on the disposal of DAO assets and the definition of cross-jurisdictional claims.

On the X platform, "on-chain detective" ZachXBT pointed out that certain law firms in the United States are using their investigative work and on-chain forensic results to help victims of hacking incidents file legal claims, but this practice may actually affect the victims' ability to receive compensation or recover funds.In previous hacking incidents involving the Lazarus Group, these law firms typically intervene only after their on-chain fund tracking or freezing is completed, and propose follow-up legal actions that are weakly related to the crypto incidents themselves. They have also employed similar strategies for "free-riding claims" in incidents involving Harmony, Bybit, and others. ZachXBT also called for the crypto community to establish a DAO to resist such behavior.

According to the Financial Times, Donald Trump Jr. and Eric Trump merged with a key mineral group in Kazakhstan through a shell company, which received up to $1.6 billion in support from the U.S. government last year for the development of a tungsten mine project.The tungsten mine project involves the Katpar and Upper Kairakty deposits in northern Kazakhstan, with financing previously provided by institutions such as the Export-Import Bank of the United States. Trump's sons joined the advisory board of the relevant company and hold shares by the end of 2024. The report suggests that this is another case of the Trump family's business empire being linked to U.S. government interests.

Multiple independent sources have confirmed to Caixin that the founding partner and director of a law firm in Chongqing has recently been taken away by relevant authorities. This lawyer is Peng Jing, the founding partner and director of Chongqing Jingsheng Law Firm. There is speculation that she has numerous connections with the officials who have recently fallen from grace.According to analysts, lawyers from law firms are usually not taken away by the Central Commission for Discipline Inspection, "but Peng Jing has a very large network, and her case involves too many people." On March 20, 2026, Chongqing Mayor Hu Henghua was reported to be under investigation, and on April 17, Luo Lin, a member of the Chongqing Municipal Committee and secretary of the Liangjiang New Area Committee, was also announced to have fallen. Reports from the local political and business circles in Chongqing suggest that the downfall of Hu Henghua and Luo Lin is related to bribery and money laundering through stablecoins, and "Peng Jing may be a key figure, helping others launder money under the guise of collecting legal fees." Sources indicate that in the Hu Henghua case, Lin Kechuang, the son-in-law of Lin Xiucheng, gave Hu Henghua 30.8 million USDT (approximately 210 million yuan, of which 10 million was for exchange fees). After Hu Henghua was investigated, the cold wallet was controlled, and authorities traced the funds from six other cold wallets held by Lin Kechuang; among them, a transfer of 15.5 million USDT that occurred simultaneously with Hu Henghua's was claimed by Lin Kechuang to have been sent to Luo Lin. Luo Lin was taken away by relevant authorities on April 14, 2026, and his home was searched on the evening of April 15, but this cold wallet was not found. Subsequently, authorities found Luo Lin's cold wallet at a third party's home.

As a CEX platform connecting to Polymarket, Gate's data shows a significant divergence in market expectations regarding the prediction event "Will silver (SI) reach the target price by the end of June?" The probability of reaching $65 by the end of June is 61%, while the probability of being below $60 is 48%. Against the backdrop of macro uncertainty and fluctuations in the metal market, the market's judgment on the price path of metals is becoming cautious, and the long-short game continues to heat up. Meanwhile, according to CoinGlass data, the 24-hour trading volume of silver (XAG) contracts on the Gate platform reached $112 million, ranking among the top globally.In addition, Gate Polymarket has completed a new round of functional upgrades and launched the "Upgrade Experience, Enjoy Up to 5,000 USDT Compensation Benefits" campaign simultaneously. During the event, new users can enjoy up to 100 USDT compensation on their first order, while existing users can receive up to 5,000 USDT in compensation, with a reward pool of 10,000 USDT for the earnings leaderboard. In the trend of accelerating integration between prediction markets and derivatives trading, Gate continues to enrich trading scenarios and strengthen platform liquidity and user participation experience.