persona

According to the Science and Technology Innovation Board Daily, MiniMax founder and CEO Yan Junjie issued an internal letter to all employees, responding to recent market fluctuations and emphasizing that the company's long-term direction remains unchanged. In the letter, Yan Junjie announced that starting today, until the day the company achieves AGI, he will no longer receive any salary from the company. Over the next four years, he will allocate personal shares equivalent to 4% of the company's total equity to incentivize team members who work alongside the company to create value together; at the same time, he will set aside 1% of the shares to establish a special fund to continuously support the development of relevant open-source communities.

The legal team of the Bank of Korea released a research paper titled "Regulatory Framework for Foreign Remittance Transactions Involving Stablecoins," proposing regulatory recommendations for large stablecoin transactions. The paper references South Korea's current foreign exchange management regulations and outlines constraints for stablecoin transfers exceeding $10,000 between individuals, requiring such transactions to be conducted only between officially certified wallets, along with a prior declaration mechanism.Institutions admit that comprehensive control over unregistered wallets faces technical obstacles, but due to anti-money laundering compliance requirements, it is necessary to strengthen restrictions on large cross-border stablecoin fund flows. South Korean regulatory authorities have previously stated the need to improve the monitoring system for cross-border cryptocurrency transactions involving non-custodial wallets, and this paper further refines the control approach.

According to CoinDesk, Thomas Sy, head of multi-asset solutions at New York Life Investment Management (NYLIM), stated that the core application of the next phase of tokenization will be to achieve "personalized portfolio construction," rather than merely enhancing settlement efficiency or extending trading hours.NYLIM manages approximately $807 billion, with about $11 billion overseen by Sy's team. He pointed out that blockchain technology is expected to enable asset management institutions to customize complex portfolio strategies for different investors on a large scale, a capability that is currently difficult to achieve within the traditional financial system.Sy indicated that the core of asset management will shift towards "highly customized" solutions in the future, and blockchain is the only technological path that can achieve this goal at scale. He believes that tokenization is not just about putting ETFs, bonds, or private credit on-chain, but more importantly, about reconstructing the way portfolios are built.He also noted that current asset portfolios typically involve a mixed allocation of ETFs, bonds, and private assets, but due to operational complexities, personalized strategies are difficult to scale. Tokenization is expected to "embed customization logic into the assets themselves," reducing operational costs and enhancing efficiency.In addition, Sy stated that stablecoins have become a key entry point for traditional finance to enter the blockchain space, with the current scale of stablecoins exceeding $300 billion, being used for cross-border payments and fund management. He believes this trend will gradually drive institutional demand for on-chain income-generating assets.In the area of decentralized finance (DeFi), NYLIM is still researching related applications, but Sy emphasized that institutional participation still requires more mature infrastructure, including the improvement of tokenized collateral, clearing mechanisms, and the prime brokerage service system.

According to The Block, New York man Noman Saleem was sentenced to 15 months in prison and three years of supervised release for impersonating a cryptocurrency influencer to commit fraud. The U.S. Attorney's Office for the District of Maryland stated that Saleem pleaded guilty to charges of wire fraud last September, admitting to creating fake Telegram accounts that mimicked well-known cryptocurrency influencers, attracting thousands to join his channel, and setting up paid "VIP sub-channels" to further profit.Prosecutors indicated that Saleem lured multiple victims into transferring digital assets to wallets under his control under the guise of providing staking rewards, but he never actually conducted any staking operations. After obtaining the funds, he cut off contact and disappeared with the money. The victims included at least one resident of Maryland, with the total amount involved exceeding $1.4 million. The U.S. government has recovered most of the defrauded funds.

A New York man was sentenced to 15 months in prison and 3 years of supervised release by a U.S. court for impersonating a cryptocurrency influencer on Telegram and using false staking returns as bait to defraud investors. 39-year-old Noman Saleem pleaded guilty to wire fraud in September 2025.Prosecutors stated that he created multiple fake Telegram accounts impersonating well-known crypto KOLs and attracted thousands of people to join his channels, even setting up paid "VIP sub-channels." Saleem claimed to victims that he could provide "guaranteed returns" through crypto staking or investment opportunities, inducing many to transfer their crypto assets into wallets under his control. However, prosecutors indicated that he did not actually engage in any staking operations and ceased communication after obtaining the funds, taking the victims' assets with him.The case resulted in losses exceeding $1.4 million, and the U.S. government has recovered and seized most of the funds.

According to a Reuters report, the Bank of England released the final policy and draft rules for stablecoins on Monday, easing some of the recommendations proposed in last year's industry consultation. The Bank of England has scrapped the plan for a personal holding limit and instead imposed a cap on the total issuance of each stablecoin, with an initial limit of £40 billion (approximately $52.84 billion). The central bank has also slightly relaxed the reserve asset requirements and plans to finalize the rules by the end of this year.

As SpaceX's stock price once rose over 15%, Tesla and SpaceX's leader Elon Musk's personal wealth soared to an astonishing $1.4 trillion, setting a new historical record. At the same time, this figure also surpassed the total market value of Bitcoin. According to Coingecko data, the current market value of Bitcoin is approximately $1.31 trillion.

According to the latest global billionaire list released by Forbes, the personal wealth of Tesla and SpaceX leader Elon Musk once soared to an astonishing $1.4 trillion, setting a new historical record.

Strategy founder Michael Saylor stated on social media, "I haven't sold a single satoshi of my Bitcoin holdings, and Strategy is still executing the accumulation strategy."Note: A satoshi is the smallest unit of Bitcoin, with 1 BTC equivalent to 100 million satoshis. Michael Saylor previously mentioned to never sell your own Bitcoin, but never stated that the company cannot sell.

In May 2026, the decentralized wallet imToken announced its strategic direction for the next decade on the occasion of its tenth anniversary, proposing to evolve from a "Trusted Main Wallet" to a "Personal Digital Hub," helping users control their assets, identity, permissions, and intelligent actions in an open and intelligent internet.imToken stated that in the past decade, the wallet primarily focused on Store, Send, and Stake services for users; facing the era of AI intelligence, the wallet needs to add a fourth core product proposition: Sign. Sign is no longer just about signing transactions, but rather the foundational interface for users to express intentions, grant permissions, set rules, delegate actions, and revoke authorizations.imToken Founder & CEO Ben He stated: "AI will make autonomous action increasingly abundant, but what will truly be scarce is control. In the next decade, imToken hopes to help users continue to control their digital world in the intelligent era."imToken also upgraded its brand proposition to: Your Digital World, Under Your Control.

Vitalik Buterin once again proposed the concept of "synthetic stable assets," stating that the object of stability anchoring does not necessarily have to be the US dollar. He indicated that the core demand of users for stablecoins is price stability for future expenditures, but if the crypto ecosystem is built on US dollar-backed stablecoins, it is difficult to claim true decentralization.

According to Cointelegraph, the cryptocurrency exchange Gemini has partnered with Elon Musk's xAI to launch a new feature in its prediction market called "Command Center," powered by Grok.This feature can automatically recommend personalized markets based on users' holdings, watchlists, and prediction history, covering areas such as cryptocurrency, sports, commodities, politics, economics, and culture.Currently, Gemini's prediction market business is still relatively small, with revenue of $400,000 in the first quarter of this year and approximately 20,000 users, far below leading platforms like Kalshi and Polymarket.

On-chain analyst "b-block" posted on social media on Monday that a counterfeit Uniswap website is stealing funds from multiple wallets, with assets held by the scammers valued at over $400,000. Stacy Muur, founder of the Web3 marketing agency Green Dots, shared screenshots of false sponsored results from search engines, criticizing Google for ignoring this issue for years, leading to fake links ranking above real ones, resulting in users continuously being scammed.According to Etherscan data, the two flagged addresses hold a total of about 146 ETH, valued at approximately $306,000. DeFiLlama pointed out that fake ads on Google are a common source of phishing attacks. The crypto nonprofit organization Security Alliance (SEAL) reported in April that phishing activities on Google searches significantly increased in March, with attackers deploying highly deceptive fake ads by paying for or hijacking legitimate ad accounts, using seemingly real URLs to bypass Google's automatic checks, and loading malicious payloads through hidden iframes.SEAL has blocked over 356 malicious ad links and stated that the volume of Google ads deployed by attackers has remained stable for over a year, with no slowdown in attack activities. Reports indicate that between March 13 and 30 alone, a total of $1.27 million was stolen. Additionally, earlier this month, there were malicious ad campaigns targeting Mac users that utilized Google ads and the AI chatbot Claude for shared chats. Malwarebytes also reported that Facebook is similarly a hotspot for fake ads and scams.

Vitalik revealed in a post on X this morning that nearly 90% of his net worth is in ETH, with the remaining majority being about 40 million dollars in on-chain fiat, each dollar of which has already been allocated to certain open-source biotechnology, software, or hardware projects.

Futu Holdings (FUTU.O) announced today that the company has received a notice of investigation and a pre-notice of administrative penalty from the China Securities Regulatory Commission (CSRC) and its Shenzhen branch.The CSRC pointed out that certain Futu entities in mainland China and Hong Kong have engaged in securities business, public fund sales, and futures business in mainland China without obtaining the necessary licenses or approvals, violating the Securities Law, the Securities Investment Fund Law, and the Futures and Derivatives Law of the People's Republic of China. The CSRC intends to order the relevant companies to rectify or cease such activities, confiscate illegal gains, and impose fines, with a proposed total fine of approximately 1.85 billion yuan (about 271 million USD).In addition, the CSRC plans to impose a personal fine of 1.25 million yuan (about 183,575 USD) on the company's founder and CEO, Mr. Li Hua. Futu Holdings stated that the proposed fines are still subject to further procedures and the CSRC's final decision.

According to SolanaFloor monitoring, a scam gang is impersonating Jupiter, airdropping fake CJUP tokens to wallets, and enticing users to connect to a scam website to steal assets.