Crypto News

According to market news: Billionaire Jack Dorsey's crypto financial application platform Cash App officially launched the Bitcoin proof-of-reserves function this week, verifying to more than 60 million users that all Bitcoin holdings on its platform are fully supported by 1:1 reserves. The market believes that this move is an important step for the crypto industry in terms of transparency, user trust, and self-custody standards, and is also seen as a positive sign to promote the long-term healthy development of the industry. （The Bitcoin Historian）

ChainCatcher news, according to The Information, the number of Starlink users worldwide has increased to about 7.8 million in 2025, a significant increase compared to 2021. However, its average monthly revenue per user (ARPU) fell by about 18% over the same period, reflecting that the company is capturing the global market through lower prices and massive expansion. According to the report, Starlink's current growth mainly comes from emerging markets and the expansion of low-cost packages, including Africa, Latin America and parts of Asia. At the same time, although enterprises and high-margin businesses such as aviation and maritime are still growing, their proportion of overall revenue is limited. Analysts believe that Starlink is gradually shifting from "high-end satellite Internet services" to a more popular global broadband network, diluting launch and satellite deployment costs through scale expansion, and further strengthening Elon Musk's influence in the field of global communication infrastructure.

Odaily Planet Daily News The latest ABC/Washington Post/Ipsos poll: Trump's disapproval rate reached 62%, the highest record in his two terms. (Jin Shi)

ChainCatcher news, the Zcash Foundation officially announced the release of Zebra version 4.4.0, this update fixes a number of consensus-level key security vulnerabilities and strongly recommends that all node operators upgrade immediately, including denial of service vulnerabilities that can cause new blocks to be permanently stopped discovering, consensus differences caused by block signing operation (sigops) count errors, transparent transaction signature hash handling exceptions, and memory allocation amplification attack risks. The Zcash Foundation said that some of these vulnerabilities could cause Zebra nodes to accept blocks rejected by zcashd, leading to chain forks.

ChainCatcher news, according to the latest poll by POLITICO, although the AI and crypto industries are investing a lot of political money in the US midterm elections, the American public as a whole is still obviously cautious or even negative about the two major industries. According to the survey, 45% of Americans believe that "investing in cryptocurrencies is not worth the risk," while 44% of respondents believe that AI is developing "too fast." Nearly half of respondents said they trust traditional banks to keep their funds more than crypto platforms. About two-thirds support the government in implementing strict regulations on AI or establishing unified regulatory principles. According to the report, super PACs (political action committees) that support the AI and crypto industries are quickly becoming a significant financial force in the 2026 US midterm elections. Among them, the pro-AI organization Leading the Future has raised more than $75 million; Fairshake, a crypto PAC backed by Coinbase, Andreessen Horowitz and Ripple, has invested about $28 million in several key primaries. However, polls show that voters are more inclined to support candidates who advocate "strengthening AI regulation" rather than those who push for deregulation. U.S. Senator Chris Murphy said: "People don't trust the crypto industry and don't want AI companies to crush them on a cultural and economic level. ” In addition, more than half of Americans say they have never bought or would not consider buying cryptocurrency; 43% of respondents believe that AI risks outweigh the benefits.

Odaily Planet Daily News Iran's Islamic Revolutionary Guard Corps said that it gave the Pentagon a deadline to lift the blockade of Iran. (CCTV News)

Odaily Planet Daily News Hyperliquid announced that Outcome Markets (HIP-4) has been launched on the mainnet and is currently in the initial version with limited functionality. Outcome Markets is a fully collateralized contract that can be settled within a fixed range, suitable for scenarios such as prediction markets and range options, without involving leverage or liquidation mechanisms, and the goal of the first stage is to verify the technical implementation. The first listed market is a binary Outcome contract with a daily cycle, which will be settled at 06:00 (UTC) every day based on the BTC mark price on Hyperliquid, and officials say that more features and market types will be launched in phases in the future.

Nobitex, Iran's largest cryptocurrency exchange, was founded by members of the Kharrazi family, who are close to Iran's top leadership. The investigation revealed that the exchange was founded by brothers Ali and Mohammad Kharazi, who had used the surname "Aghamir" to hide their ties to the Kharrazi family, which has long been closely associated with Iran's political core, including historical ties to Ali Khamenei and his successors. The report pointed out that Nobitex currently serves more than 11 million users, dominates the Iranian crypto market, and continues to operate during Iran's conflict with the United States and Israel, processing transactions even in the face of nationwide internet outages. Analysts say its trading volume exceeded $100 million during the war, and a large amount of money flowed overseas. Additionally, several on-chain analysts noted that the platform had processed transactions related to sanctioned entities, with estimates ranging from $22 million to $366 million. According to other data, wallets associated with the Central Bank of Iran transferred hundreds of millions of dollars in crypto assets to Nobitex in 2025, believed to be used to circumvent financial sanctions. Nobitex, for its part, denied any ties to the government and said illegal transactions accounted for only a small part of the overall business. （Cointelegraph）

Paolo Ardoino, CEO of stablecoin issuer Tether, posted on the X platform that Tether may need to promote integration between WDK and QVAC in the future to support the construction of Agent Cards-related functions. Analysts believe that this direction will help improve the connection layer between AI agents and crypto payment infrastructure, providing more efficient underlying support for automated application scenarios.

According to ChainCatcher, Particle Network today announced the next phase of Universal Accounts' product roadmap, which will launch two new products in the coming months: 1. Universal Deposit SDK: Developers can allow users to import assets from any chain to application memory with only about 10 lines of code, significantly reducing the barrier to entry for multi-chain assets. 2. Universal Agent Accounts: API and dashboard for AI Agents, enabling AI Agents to own and manage their own Universal Accounts. Previously, Particle released EIP-7702 Universal Accounts in March, which supports frictionless upgrades to Universal Accounts for any EOA account. This roadmap further strengthens Universal Accounts' infrastructure positioning in scenarios such as developer integration, AI Agent asset management, and multi-chain asset circulation. Overall, Particle is promoting Universal Accounts from "account abstraction capabilities" to a broader chain abstraction application layer infrastructure, which is expected to increase its developer adoption and distribution capabilities in the onchain ecosystem.

Odaily Planet Daily News TON issued an update for mainnet validators stating that due to the entry of new capital into the validation network, the minimum and maximum effective staking thresholds required to participate in verification have risen simultaneously, and validators need to check whether the current resource allocation is sufficient to continue participating in verification and consolidate staking positions as soon as conditions permit. Currently, the minimum and maximum staking thresholds for this round of verification are 824,000 TON and 2,425,000 TON, respectively, and it is expected to be further increased to 1 million TON and 3 million TON in the near future. For validators who cannot meet the two-round verification staking requirements at the same time, TON recommends using staking services or configuring a 1-of-2 round verification mode to maximize the efficiency of fund use.

ChainCatcher news, crypto lending platform Nexo issued an article disclosing that the number of wallets holding more than 100 BTC is continuing to rise, indicating that "smart money" is reflowing into the Bitcoin market. According to the data, addresses holding 10 to 10,000 BTC have accumulated about 41,000 BTC in the past two weeks. At the same time, the price of Bitcoin also broke above the "True Market Mean" average price level of $78,100 for the first time since January this year. Market analysis believes that the continuous accumulation of large-value addresses on the chain may reflect the recovery of risk appetite of institutions and long-term holders.

Odaily Planet Daily News MegaETH director PaperImperium disclosed on the X platform Federal Court documents for the Southern District of New York show that a U.S. court has issued an injunction against Arbitrum DAO from transferring approximately $71 million in ETH assets previously frozen in the KelpDAO hack. In this regard, "on-chain detective" ZachXBT posted on the X platform that some U.S. law firms use their investigation work and on-chain evidence collection results to help victims of certain hacking incidents file legal claims, but this practice will affect the delay in victims obtaining compensation/recovery funds. ZachXBT added that in many previous hacking incidents involving Lazarus Group, such law firms usually intervened after the tracking or freezing of funds on their chains was completed, and proposed follow-up legal actions that were weakly related to the crypto incident itself.

According to ChainCatcher news, Alex Thorn, head of research at Galaxy, posted on the X platform that after in-depth discussions with a number of Bitcoin industry insiders on quantum computing and Bitcoin issues, he believes that the market is gradually forming a consensus: first, the approximately 1.1 million BTC held by Satoshi Nakamoto (distributed in about 22,000 P2PK addresses) should not be used at will, and if it infringes on its property rights to deal with quantum risks, it may damage Bitcoin's core value proposition; Even if these BTC are transferred in extreme cases, the market has strong absorption capacity and can further mitigate risks through schemes such as "Hourglass". Second, promoting the research, testing, and signature compression of new cryptographic technologies such as Bitcoin's quantum-resistant (PQ) cryptography is a positive direction, and emergency plans can be prepared in advance, but consensus impasse or new risks that are not fully verified should be avoided due to premature implementation of the protocol layer.

According to market news: According to the draft OPEC+ statement, OPEC+ plans to increase its oil production target by 188,000 barrels per day from June. (Jin Shi)

According to Arkham monitoring, the on-chain wallet address of Morgan Stanley's spot Bitcoin exchange-traded fund Morgan Stanley Bitcoin Trust (MSBT) increased its holdings by a total of 286.693 BTC through Coinbase yesterday, worth $22.48 million, and as of now, MSBT's total Bitcoin holdings have reached 2,620, worth about $204 million.

ChainCatcher news, a crypto KOL posted on the X platform that the address ranking first on the Bitcoin rich list is Binance, and the relevant address is a wallet address starting with "3" and holds more than 200,000 BTC, and questioned the security of Binance storing such a large amount of Bitcoin in a single address, worrying about the risk of being cracked by private key collisions. In response, CZ said: "The one that starts with 3 should be multi-signed, right? Crashing out more than 3 private keys? Believe in mathematics. ” The analysis believes that the address is likely to use a multi-signature mechanism, and even if there is a theoretical possibility of private key collision, it is extremely difficult to crack in practice.

ChainCatcher news that the Central Bank of Brazil has banned the use of stablecoins and cryptocurrencies for settlement in cross-border payments, which will take effect on October 1.

On May 3, local time, Mojtaba Zarei, a member of the National Security and Foreign Policy Committee of the Iranian Parliament, disclosed new details of the Islamabad talks on social media. According to Zarei, the basis for the negotiations in Islamabad was the permission of the Supreme Leader of Iran. In addition to obtaining permission to negotiate, the content of the negotiations must also be carried out within the framework of the Supreme Leader's permission: when the US side wanted to discuss nuclear technology, they were told that the Supreme Leader had forbade delegations from discussing technical details on this issue; From now on, decisions in this regard will be made exclusively by the Supreme Leader. In addition, the head of the Iranian Atomic Energy Organization was banned from joining the negotiating team. (CCTV News)