ChainCatcher news, according to The Block, the Trump family's crypto project World Liberty Financial (WLFI) responded to U.S. Senate Democrat Richard Blumenthal's investigation into the relationship between its USD1 stablecoin and former President Trump, stating that the investigation is politically motivated.World Liberty Financial emphasized that the USD1 stablecoin is backed by U.S. dollars and U.S. Treasury bonds, operates transparently, and complies with regulatory requirements. Previously, U.S. Senate Democrats expressed concerns about the ties between World Liberty Financial and the Trump family, pointing out that the company's $2 billion investment agreement with the Abu Dhabi state-owned enterprise MGX could present a conflict of interest. World Liberty Financial stated that its operations are independent of the Trump administration, and all investments follow compliance procedures.

ChainCatcher news, Coinbase stated on social media that hackers obtained some personal information of less than 1% of active users by bribing overseas customer service personnel, but passwords, private keys, or funds were not involved.Coinbase refused to pay the $20 million ransom and instead set up a $20 million reward fund to track down the attackers. Affected customers who are scammed and lose money will be compensated. Prime accounts were not affected, and the case is currently under investigation in cooperation with law enforcement.Coinbase officials estimate the losses from this ransomware incident to be between $180 million and $400 million.

ChainCatcher news, as the presidential election on June 3 approaches, the South Korean Democratic Party has made cryptocurrency regulation one of the core campaign issues, establishing a "Digital Asset Committee" aimed at centralizing the authority for cryptocurrency policy-making in the presidential office. The committee held its first meeting on May 13 at the National Assembly in Seoul, bringing together legislators, government officials, and representatives from local exchanges such as Upbit, Bithumb, Coinbit, and Gopax. Committee Chairman Min Byeong-deok stated that the current "one exchange, one bank" system restricts the development of cryptocurrency businesses and needs reform.The committee is drafting key legislation known as the "Second Phase Bill," which aims to establish a digital asset framework for South Korea, covering regulatory innovation and user protection. Additionally, the regulation of stablecoins has become a focal point of discussion, especially stablecoins pegged to the Korean won. Democratic presidential candidate Lee Jae-myung advocates for a swift market launch and proposes the issuance of a won-pegged stablecoin. However, the Bank of Korea (BOK) insists that discussions must involve early-stage participation to prevent instability in national monetary policy.This reform aims to promote the development of the cryptocurrency industry and attract the support of young voters. Reports indicate that over 16 million people in South Korea are involved in cryptocurrency trading.

ChainCatcher news, according to the official announcement from MIRAI, the project has completed 50% of the refund for the raised funds of 76,831 SOL. All refunds have been executed through the designated address FmiMDXvLNUsMoVF7SC1VhcyHEXoPLsNcvAbxkEokr49P.At the same time, the project party confirmed that all incoming funds after block height 339081946 have been fully refunded.

ChainCatcher message, on-chain analyst @ai_9684xtpa stated on social media that today marks the launch of the first phase of the Binance Alpha points consumption mechanism, where the airdrop mechanism has changed from default distribution to active claiming, requiring a deduction of 15 points (the deduction amount may likely be adjusted in each phase).The actual points consumed do not reach 15 (for example, if a user earned 8 points 15 days ago, this portion of points will expire tomorrow, meaning the actual consumption for this airdrop is only 7 points). Whether the value of the airdrop is worth the point deduction for participation will become an important reference for pre-market/contract/OTC prices.

ChainCatcher news, Loopscale released a post-hack report, disclosing that hackers exploited a pricing logic vulnerability in the protocol, resulting in the unauthorized outflow of 5,726,724.97 USDC and 1,211.4 SOL from the USDC and SOL Genesis treasury. All funds have now been recovered.Loopscale additionally stated that it will gradually re-enable the full protocol features, with the refinancing function set to restart soon. The grace period will be extended by 3 days, providing borrowers an opportunity to repay or close their positions. Borrowers are advised to monitor their positions in case of interest rate changes or liquidity tightening.Furthermore, from April 26 to June 7, the balances of Vault or Advanced Lend depositors will receive a 12x points boost.

ChainCatcher news, according to Bitcoin Magazine, U.S. Treasury Secretary Scott Bessent stated, "We believe the U.S. should be the preferred destination for digital assets."

According to ChainCatcher news, as reported by Jinshi, informed sources revealed that the United States recently rejected Japan's request for a comprehensive exemption of the 10% reciprocal tariff and tariffs on specific countries during negotiations.Sources stated that U.S. officials, including Treasury Secretary Mnuchin, indicated last week in Washington during talks with Japan's chief negotiator Akizawa Ryozo that the Trump administration intends to only reduce the specific country tariffs by 14%, which are suspended until early July.During the second round of negotiations, the U.S. emphasized that, depending on the progress of the talks, it would only consider extending the suspension measures for 90 days or reducing the tariffs by 14%. Tokyo has been seeking the complete elimination of reciprocal tariffs, a 25% automobile tariff, and a 25% steel and aluminum tariff from the U.S. Washington has stated that it will not negotiate on the global 10% base tariff or tariffs on automobiles and steel products.

ChainCatcher news, QCP Capital released a market analysis indicating that the macro data published last Friday provided a detailed snapshot of the U.S. economy. Non-farm payrolls increased by 177,000, exceeding the expected 133,000, while the unemployment rate remained stable at 4.2%. However, behind the strong data, economists continue to warn that the full economic impact of recent tariff increases has yet to be seen, and the market remains cautiously optimistic about this.Meanwhile, the market widely expects the Federal Reserve to keep interest rates unchanged at this week's policy meeting. Despite the first-quarter losses reaching a record high, Strategy has doubled its fundraising target to $84 billion. This loss was due to the adoption of new digital asset fair value accounting standards, highlighting the company's firm belief in its long-term Bitcoin strategy. At the same time, the steady inflow of spot Bitcoin ETFs indicates that institutional demand remains strong and reinforces the growing role of this asset in diversified portfolios.

ChainCatcher news, Movement Labs posted on platform X that it has noted media reports. Movement Labs and the Movement Network Foundation have commissioned a third party to conduct a thorough review of the abnormal situations with market makers. The review of Groom Lake is still ongoing, and once all details are gathered, the investigation results will be shared. Significant governance reforms will be made based on the review results to ensure that similar incidents do not occur in the future.Previous news, Movement Labs is investigating the sell-off triggered by the control grant agreement of 66 million MOVE tokens.

ChainCatcher news, according to CNBC, Eric Trump, vice president of the Trump Organization and son of Donald Trump, publicly criticized the traditional financial system at a cryptocurrency event in Dubai, stating that the SWIFT system is inefficient and that the banking industry will be eliminated in ten years if it does not reform.He stated, "The modern financial system has collapsed, it is slow and costly. Everything that blockchain technology can do will be better than the way current financial institutions operate. SWIFT is a disaster. Our banking system favors the super-rich.What really got me into the (cryptocurrency) space is realizing that our banking system is being used against the vast majority of people in our country. This forced me into the world of cryptocurrency. I tell you, if banks do not pay attention to the upcoming changes, they will go extinct in ten years."He also praised decentralized finance as a way to bypass the costs and lack of privacy associated with traditional banks.In recent years, Eric Trump has frequently visited this desert emirate, as it has rapidly become a global center for cryptocurrency.

According to ChainCatcher news reported by The Block, the Arbitrum Foundation, an Ethereum Layer 2 network, announced its withdrawal from the Nvidia-supported Ignition AI Accelerator program due to the chip giant's requirement that no mention of the collaboration be made in crypto-related announcements. The two parties had originally planned to establish an exclusive partnership, with Arbitrum being the only representative of the Ethereum ecosystem in the AI acceleration program.A spokesperson for the Arbitrum Foundation stated that Nvidia recently changed its stance, expressing a willingness to maintain the partnership but prohibiting public disclosure, which demonstrates its lack of long-term commitment to the crypto space. The accelerator program was intended to provide Arbitrum with AI development guidance and cloud service credits. Notably, another public chain, Aptos, still maintains its partnership with the accelerator. The foundation emphasized that the decision to withdraw was based on business considerations and that it will choose "partners that fully support blockchain innovation" in the future.

ChainCatcher news, according to Coindesk, the Swiss National Bank has refused to hold Bitcoin reserves, citing concerns over the liquidity and volatility of the cryptocurrency market. Swiss National Bank President Martin Schlegel stated at the central bank conference on Friday: "For cryptocurrencies, market liquidity may sometimes seem decent, but it is naturally called into question during times of crisis. Cryptocurrencies are also known for their high volatility, which poses a risk to long-term value preservation. In short, it can be said that cryptocurrencies currently do not meet our high requirements for monetary reserves."

ChainCatcher news, according to Cointelegraph, the Meme coin team of U.S. President Trump has denied rumors circulating on social media that official TRUMP token holders need at least $300,000 to attend an upcoming dinner with Trump.The rumor originated from community members citing information from the Solana blockchain explorer that displayed the token contract address holders. As of the time of writing, the explorer shows that the 220th holder possesses 33,114 TRUMP tokens, valued at over $400,000. However, the Meme coin team stated that the explorer does not reflect their standards.The team wrote in a statement: "People mistakenly took the data of the 220th holder on the blockchain explorer as a qualification line, which is inaccurate. This data includes locked tokens, exchange holdings, market maker holdings, and holdings of users who did not participate in the activity. Actual participation eligibility should be based on the official leaderboard."According to information from the Meme coin official website, the team will select winners based on "time-weighted holdings," a metric that takes into account both the number of tokens held and the duration of holding.Additionally, Trump's Meme coin team clarified that the rumor about "unlocking a large number of tokens" for this competition is also untrue. They stated that currently, user "Sun" is in the lead with 1,176,803 TRUMP (worth about $14 million), while the user in 220th place, "HAR," holds only 35.3 TRUMP (worth about $420).

According to ChainCatcher news and the official announcement, Huobi HTX has recently launched a C2C advertiser referral commission incentive program to celebrate the successful launch of the industry's first high-quality C2C trading area "Selection Station." From April 24 to May 31, users who successfully invite a C2C advertiser to settle in the Huobi HTX C2C Selection Station and pass the platform review will receive 0.02% of the advertiser's trading volume for the first 7 days as a commission; if the invited advertiser has not yet passed the Selection Station review, they can first settle in the Huobi HTX C2C Classic Station. After a 15-day assessment period, the inviter can participate in sharing a prize pool of 10,000 USDT.

ChainCatcher news, according to CNBC, LMAX market strategist Joel Kruger stated in an interview that the recent surge in Bitcoin primarily reflects the market seizing an opportunity to profit from the decline in asset prices, and this asset has consistently proven to be a strong choice for portfolio diversification and hedging against macroeconomic uncertainty and dollar fluctuations.

ChainCatcher news, according to Jinshi Data, U.S. Treasury Secretary Basent stated that the termination of Federal Reserve Chairman Powell mentioned by Trump may refer to the expiration of Powell's term.