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Galaxy stated that in March this year, the New York State Supreme Court quietly accepted a lawsuit aimed at confirming the ownership of over 3.7 million bitcoins (approximately $274 billion) associated with 39,069 bitcoin addresses, including addresses belonging to bitcoin founder Satoshi Nakamoto (a total of 21,744 addresses holding 1.09 million bitcoins, valued at $83.7 billion at current prices).The plaintiffs are Noah Doe (a pseudonym) and two unnamed limited liability companies from Wyoming. Noah Doe requests the New York State Supreme Court to declare their ownership of these dormant addresses through a declaratory judgment action under New York State's lost property law (Section 7-B of the Personal Property Law) as per the New York Civil Practice Law and Rules Section 3001.In short, they are attempting to have the New York court rule that the bitcoins of bitcoin founder Satoshi Nakamoto (and many other lost address bitcoins) belong to lost property, and that they have the right to legally own them because they "found" these cryptocurrencies. From June 30 to July 10, 2025, they sent "abandonment notices" via OP_RETURN to each found address.However, even if they win completely, they will ultimately only receive a court statement; they will not obtain any private keys and will not be able to transfer any bitcoins from these addresses. But Galaxy indicates that the real value of the New York ruling lies in its potential to serve as a "title defect," allowing plaintiff Noah Doe to raise objections with exchanges or custodians if these bitcoins appear in any regulated venue.

Galaxy stated that in March this year, the New York State Supreme Court quietly accepted a lawsuit aimed at confirming the ownership of over 3.7 million bitcoins (approximately $27.4 billion) associated with 39,069 bitcoin addresses, including addresses belonging to bitcoin founder Satoshi Nakamoto (a total of 21,744 addresses holding 1.09 million bitcoins, valued at $83.7 billion at current prices).The plaintiffs are Noah Doe (a pseudonym) and two unnamed limited liability companies from Wyoming. Noah Doe requests the New York State Supreme Court to declare their ownership of these dormant addresses through a declaratory judgment action under New York State's lost property law (Section 7-B of the Personal Property Law) as per the New York Civil Practice Law and Rules Section 3001.In short, they are trying to have the New York court rule that the bitcoins of bitcoin founder Satoshi Nakamoto (and many other lost address bitcoins) belong to lost property, and they claim the right to legally own them because they "found" these cryptocurrencies. From June 30 to July 10, 2025, they sent "abandonment notices" via OP_RETURN to each found address. However, even if they win completely, they will only receive a court statement; they will not obtain any private keys and will not be able to transfer any bitcoins from these addresses.But Galaxy indicated that the real value of the New York ruling lies in its potential to serve as a "title defect." If these bitcoins appear in any regulated venue, the plaintiff Noah Doe can use this document to raise objections with exchanges or custodians.

Sui stated on platform X that due to issues during the epoch change, the Sui mainnet has stopped accepting user transactions. The validator nodes are still running and creating system transactions, but currently cannot accept user transactions. The Sui core team is investigating this issue and will release updates immediately.

According to Bits.media, Ivan Chebeskov, the Deputy Minister of Finance of Russia, stated that the final version of the government's cryptocurrency market regulation bill will retain the ban on transfers from Russian custodial wallets to non-custodial foreign wallets. More lenient conditions will only apply to participants in foreign trade activities, namely importers. Chebeskov mentioned that after the law comes into effect, the effectiveness of the new regulatory system will be analyzed, and in the future, the use of non-custodial wallets may be allowed in an experimental mode. The final version of the bill will be ready next week, and the Deputy Minister hopes it can be passed before the end of the State Duma's spring session.Previously, the Duma's Financial Market Committee opposed the central bank's stance on banning transfers to non-custodial wallets and proposed providing judicial protection for all cryptocurrency asset holders. The bill was passed in the first reading on April 21, stipulating that starting July 1, Russians and companies can only purchase digital assets through licensed intermediaries, and access to foreign cryptocurrency platforms must go through a list approved by the central bank, prohibiting access to exchanges that impose sanctions on Russia.

The globally leading cryptocurrency trading platform Gate held an offline high-end reception titled "Gate x Inter XIII: Champion's Circle" on May 21 in Milan, Italy at Sublime Milano.The event invited nearly a hundred core guests to engage in deep interaction and communication around the championship moments of Inter Milan and the theme of Gate's thirteenth anniversary. During the event, guests visited the Inter Milan headquarters to view the championship trophy tour, participated in the Gate thirteenth anniversary celebration ceremony, and sang birthday wishes together with legendary football stars.In the interactive session, there was also an opportunity for autographs and photos, along with a pizza and drinks networking reception, further strengthening the community connections among guests. At the end of the event, Gate Europe CEO Giovanni Cunti personally delivered a speech, expressing sincere gratitude for the long-term support of community members and demonstrating Gate's firm determination to deepen its presence in the European market through high-profile sports cross-industry collaborations.Leveraging the championship heat and global attention of Inter Milan's "double crown" this season, Gate is enhancing the real connection between the brand and users through offline deep experiences and interactions with top sports IPs. Previously, Gate Europe CEO Giovanni Cunti attended the Malta Digital Assets Forum 2026 roundtable discussion on May 14, sharing insights on regulatory practices and industry development trends following the implementation of MiCA. Gate is promoting the integration of Web3 culture in broader scenarios through a dual strategy of sports IP collaboration and compliance dialogue in Europe.

According to CoinDesk, K33 Research stated in a report that this round of the Bitcoin bear market is different, as exceptionally pessimistic traders have limited the downside. Bitcoin traders remain in a defensive stance, reducing the risk of a leveraged-driven collapse. Research director Vetle Lunde pointed out that the current slow bottoming process has not replicated the rapid reversals seen after bear market rebounds in previous cycles, and derivative data instead points to extreme pessimism.The 30-day average funding rate for Bitcoin has been negative for 81 consecutive days, nearing the longest historical record. The annualized basis for CME Bitcoin futures has dropped below 2.5%, which is an extremely cautious level. However, Bitcoin derivative open interest remains high, and further price weakness could trigger volatility. K33 maintains its fundamental judgment, believing that Bitcoin falling to $60,000 in February could be the largest pullback of this round.

According to CoinPost, the "Next Generation AI and On-Chain Finance Concept Project Group" of the Liberal Democratic Party of Japan has released a proposal that suggests combining AI with blockchain to automate decision-making, financing, and asset management, operating around the clock, and lists finance as the "18th growth investment area."Specific measures in the proposal include: promoting the tokenization of current accounts at the Bank of Japan (including wholesale CBDC), completing the argument organization within the year; the three major banks jointly issuing stablecoins, aiming to launch practical operations before March next year; and promoting the on-chain tokenization of real assets (RWA) such as accounts receivable and real estate.On the international cooperation front, the proposal suggests establishing an "AI and On-Chain Finance Asia Policy Dialogue Framework" and advancing cross-border settlements using yen-denominated stablecoins, building a "Global SC Corridor Concept."