ChainCatcher news, according to DefiLlama data, the current total market capitalization of stablecoins across the network is reported at $246.365 billion, with a growth of 1.02% over the past 7 days, and the market share of USDT remains almost unchanged from last week at 62.25%.

ChainCatcher news, according to Bloomberg, Kenneth Rogoff, former chief economist of the International Monetary Fund (IMF) and a member of the Federal Reserve Board, stated in an interview that geopolitical tensions and the growing influence of cryptocurrencies are undermining the global position of the dollar.Kenneth Rogoff believes that critics who think cryptocurrencies are just scams with no value are completely wrong. "The view that there is no 'fundamental value proposition' in cryptocurrency transactions is incorrect." One of the main markets for the dollar is the global underground economy, where the preferred payment method for such transactions used to be the dollar, but now the preferred payment method is cryptocurrency. Cryptocurrencies provide a recognized medium of exchange, which is a value proposition. Even with strict government regulation of cryptocurrencies, there will still be significant challenges in controlling the underground economy. Therefore, Kenneth Rogoff believes that "cryptocurrencies have value." Authorities will face enormous difficulties in tracking cryptocurrency transactions in the gray market, which means that cryptocurrencies are "not worthless."

ChainCatcher news, according to Ember monitoring, whale trader James Wynn has completely closed his long position in BTC worth $1.2 billion on Hyperliquid. The average opening price of this position was $108,921, and the average closing price was $107,746, resulting in a single loss of approximately $13.39 million.Although this operation resulted in a loss on closing, considering his multiple BTC position opening and closing records over the past few days, James Wynn's overall trading during this round still achieved a net profit of approximately $8.45 million.

ChainCatcher news, 37-year-old American cryptocurrency investor John Woeltz and a 24-year-old suspected female accomplice have been accused of illegally imprisoning and torturing a 28-year-old Italian businessman in a luxury apartment in Manhattan, New York, for over two weeks in an attempt to obtain his financial account passwords. The victim arrived in New York on May 6 and met with John Woeltz, with whom he had previously conducted business, and was subsequently stripped of his passport and subjected to abuse including electric shocks, drug coercion, and chainsaw threats.It is reported that the police found multiple Polaroid photos of the victim being bound and tortured at the scene, as well as firearms, chainsaws, and other tools. The victim ultimately escaped on May 23 and called the police. John Woeltz has been charged with first-degree kidnapping, unlawful imprisonment, assault, and illegal possession of weapons, among other charges.

ChainCatcher news, according to on-chain data analyst Yu Jin's monitoring, the whale James Wynn has once again slightly reduced his position, decreasing his BTC long position from $1.188 billion to $1 billion. The current specific information is as follows:40x long 9282 BTC, worth $1 billionOpening price $109190Liquidation price $103957

ChainCatcher news, according to a disclosure by Slow Mist's Chief Information Security Officer @im23pds on X platform, a cryptocurrency user fell victim to a "withdrawal verification code" scam, resulting in losses of up to $1.1 million.The scam method is as follows: the victim receives a text message disguised as a trading platform, claiming that someone has requested a withdrawal verification code and providing a phone number for contact. When the victim calls back, the scammer claims there is a security vulnerability in the system that requires implementing security restrictions. Subsequently, another scammer impersonating a Ledger employee calls, luring the victim to visit a phishing website under the pretext of resolving the security issue, ultimately leading to asset theft.

ChainCatcher news, according to on-chain data analyst Yu Jin's monitoring, a whale/institution sold 184.4 WBTC (approximately 20.4 million USD) through Wintermute OTC yesterday, and today bought 15 million USD worth of AAVE through Wintermute. They transferred 15 million USDC to Wintermute and then received 57,715 AAVE from Wintermute, making the purchase price 259.9 USD. They have been accumulating AAVE since March 2023, spending a total of 30.8 million USD to accumulate 224,010 AAVE at an average price of 137.5 USD, currently realizing a profit of 26.32 million USD.

ChainCatcher news, according to Cointelegraph, mixed martial artist Conor McGregor hinted that he might participate in the presidential election and promised to incorporate Bitcoin into Europe's balance sheet.

ChainCatcher news, according to Jinshi reports, U.S. Treasury Secretary Basent stated that the 90-day suspension proposed on April 2 is based on sincere negotiations. Trump believes that the quality of the EU's proposal is not high and hopes that this will encourage the EU to take action.

ChainCatcher news, according to Jinshi reports, U.S. President Trump stated on social media that the main purpose of the EU's establishment is to take advantage of the U.S. in trade, but the EU is difficult to deal with. Their strong trade barriers, value-added tax, ridiculous corporate penalties, non-tariff trade barriers, currency manipulation, and unfair and unreasonable lawsuits against U.S. companies, etc., have resulted in the U.S. trade deficit exceeding $2,500,000,000 each year, a figure that is completely unacceptable. Our discussions with them have made no progress. Therefore, I propose to impose a 50% tariff on the EU starting June 1, 2025. No tariffs will be imposed if the products are made or produced in the U.S.Affected by Trump's remarks, European stocks fell further, with the German DAX index, French CAC40 index, and Spanish IBEX35 index all dropping over 1%, while the Italian FTSE MIB index saw a decline of up to 2.00% during the day.

ChainCatcher news, BitMEX co-founder Arthur Hayes stated on social media that the target of this bull market may be HYPE surpassing SOL.

ChainCatcher news, according to Sentora (formerly IntoTheBlock) monitoring, as the BTC price breaks through $110,000, setting a new historical high. The Bitcoin network transaction fees reached $6.43 million, an increase of 51.03%.

ChainCatcher news, according to OKX Wallet data, the functional token $BC issued by the Web3 entertainment platform BC.GAME has increased by 87% in the past 24 hours, currently priced at $0.0078, with a market cap exceeding $78 million. On-chain trading activity has significantly increased, with liquidity and market attention expanding simultaneously in the short term.Meanwhile, BC.GAME has launched a daily rebate incentive program of 1 billion $BC. The higher the daily gaming amount of users, the higher the rebate percentage of $BC they receive the next day, up to 13%. Eligible users can also qualify for a Porsche lottery. This rebate mechanism is based on the continuous release of the utility value of $BC, aiming to strengthen its circulation loop within the platform ecosystem.$BC is the core of incentives and governance within the BC.GAME ecosystem, widely used for user rewards, task interactions, and future governance modules. Multiple gaming scenarios on the platform have achieved direct pairing transactions with $BC and support its value capture in on-chain applications. As more features are gradually launched, the practicality and demand-side foundation of $BC will be further anchored and strengthened.

ChainCatcher news, according to Protos, the cross-chain DeFi project Chainge launched by Multichain founder DJ Qian has encountered issues where some users are unable to withdraw their funds, a situation that has persisted for months. A large number of complaints are focused on the wKAS cross-chain bridge, with the official attributing the problem to individual "malicious users" causing a lack of liquidity.Despite the team's previous multiple commitments to inject liquidity to restore functionality, the issue has still not been fully resolved, and the wKAS token has shown significant decoupling. The Chainge front-end service remains open, and the related risks have drawn market attention.

ChainCatcher news, Messari released a research report on the decentralized AI infrastructure Mira. Mira optimizes the reliability of AI outputs through a distributed model consensus mechanism, with its verification layer improving the accuracy of AI facts in scenarios such as finance and education from 70% to 96%. The protocol breaks down AI outputs into independent factual statements, which are cross-verified by heterogeneous models provided by node operators such as Io.Net and Aethir, requiring consensus from over 2/3 of the nodes to pass.Mira currently processes over 3 billion text tokens daily, covering 4.5 million users across chatbots, educational platforms, and more. The protocol employs an economic incentive model, where verification nodes receive rewards based on their contributions, while anomalous nodes face penalties. Partners include decentralized GPU computing providers like Hyperbolic and Exabits, achieving computing power expansion through a node delegation mechanism.According to team data, the protocol has reduced the AI hallucination rate by 90%, with each verification taking less than 30 seconds. Users can trace the verification process through on-chain proof, with each output accompanied by an encrypted certificate recording model voting details. Currently, integrated applications like Klok have utilized this technology to optimize educational content generation, with plans to expand into high-risk areas such as medical diagnosis in the future.

ChainCatcher message, according to DeFiLlama data, the DEX trading volume on the BSC chain has exceeded $7.15 billion, surpassing the combined total of Solana ($3.789 billion) and Ethereum ($2.642 billion), ranking first.BscScan data shows that on that day, the number of active addresses on the BSC chain was nearly 2 million, with on-chain transactions totaling 12.58 million.