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Wu said that according to Beincrypto, the blockchain security platform Scam Sniffer revealed that the phishing organization Inferno Drainer recently implemented a new type of attack using the Ethereum EIP-7702 upgrade feature, resulting in a loss of approximately $150,000 in a single transaction. EIP-7702 is a key feature in the Pectra upgrade that allows externally owned accounts (EOA) to temporarily possess smart contract functionality during transactions. The attacker initiated a mass token transfer operation using an authorized MetaMask Wallet. Yu Xian, the founder of Slow Mist, pointed ou

Swedish health technology company H100 Group AB has completed a financing of 21 million Swedish kronor (approximately 2.2 million USD), led by Blockstream CEO Adam Back, with participation from Morten Klein, Alundo Invest AS, and others, of which Adam Back invested about 1.4 million USD. The funds raised will be used to purchase Bitcoin. (Cointelegraph)

Real estate investment company Cardone Capital has launched the 10X Miami River Bitcoin Fund, a dual-asset fund that includes 346 multifamily commercial properties located along the Miami River in Florida and Bitcoin valued at $15 million. The fund will convert a portion of its monthly cash flow into Bitcoin. Grant Cardone, founder and CEO of Cardone Capital, stated that the company's long-term goal is to accumulate $1 billion in real estate assets and $200 million in Bitcoin reserves within the mixed fund. (Cointelegraph)

Wu reported that U.S. President Donald Trump has agreed to postpone the implementation date of the originally planned 50% tariff on EU goods from June 1 to July 9, 2025. This follows a call from European Commission President Ursula von der Leyen on the same day requesting the delay, and she stated that negotiations will commence swiftly.

Wu reported that Vitalik Buterin, co-founder of Ethereum, tweeted that Nordic countries are gradually slowing down the process of becoming a "cashless society" due to its highly centralized implementation being too fragile, and cash has proven to be a necessary alternative. Ethereum should possess sufficient anti-fragility and privacy to take on a similar role in the future.

According to Pakistani media 24NewsHD, the Ministry of Finance of Pakistan announced that it will allocate 2000 megawatts of surplus electricity specifically to support Bitcoin mining and the construction of artificial intelligence centers, as part of the national digital transformation strategy. The government has announced relevant tax reductions and policy incentives to attract several foreign delegations, including Bitcoin mining companies. In the next phase, Pakistan plans to introduce renewable energy.

ARK Invest CEO Cathie Wood stated at the Solana Accelerate event in New York that regardless of how high the adoption rate of crypto wallets is in the next decade, the crypto exchange-traded fund (ETF) may maintain its position in the economy. Wood also pointed out that the Ethereum Spot ETF does not support staking, which affects its market performance; however, Ethereum remains the preferred entry point for new users to understand the smart contracts ecosystem. Additionally, she mentioned that the TRUMP memecoin was issued on Solana, which may raise concerns among some older institutional in

Indian fintech startup Data Sutram announced the completion of a $9 million Series A funding round, led jointly by B Capital and Lightspeed Ventures. The company focuses on providing AI-based fraud detection and risk scoring services for high-risk industries such as banking, encryption platforms, and e-commerce. This round of funding will be used for team expansion, product upgrades, and plans to expand its business into the Middle East and Southeast Asian markets. (Techinasia)

Wu said that according to Tim Beiko's summary of the 212th Ethereum Execution Layer Core Developer Conference (ACDE), this meeting mainly discussed: Fusaka Devnet-0 will be launched on May 26, Fusaka EIP scope discussion (EIP-7825 will limit the transaction gas to 30 M; EIP-7918 anchors the blob rate to the Base Fee to mitigate fee fluctuations. These two were identified for inclusion in Devnet-1. Other EIP candidates are expected to be Devnet-2), testnet strategy (fork Sepolia first, keep Hoodi supply for testing; Encourage long-term community maintenance of testnets), future planning (next w

BNP Paribas Asset Management (BNPP AM) announced the launch of native tokenized money market fund shares, testing cross-border transactions based on Distributed Ledger Technology (DLT). This collaboration will work with Allfunds Blockchain (technology provider) and BNP Paribas Securities Services (transfer agent and fund trading service provider). (Crowdfund Insider)

Wu learned that the Swiss luxury watch brand Franck Muller announced the launch of a limited edition watch series in collaboration with the public chain Solana, with a total issuance of 1,111 pieces. This series of watches incorporates Web3 elements, featuring a QR code at the 12 o'clock position on the dial that can be customized to a personal Solana Wallet Address, symbolizing the combination of identity, ownership, and technological innovation. Each watch is individually numbered, priced at 20,000 Swiss francs (approximately 24,356 USD).

Wu learned that the Swiss high-end watch brand Franck Muller announced the launch of a limited edition watch series in collaboration with the blockchain Solana, with a total issuance of 1,111 pieces. This series of watches incorporates Web3 elements, featuring a QR code at the 12 o'clock position on the dial that can be customized to an individual Solana Wallet Address, symbolizing the combination of identification, ownership, and technological innovation.

In the week ended May 24, the U.S. spot bitcoin ETF recorded its highest weekly volume since 2025, with a total trading volume of $25 billion and a net inflow of $2.75 billion, the second-highest weekly net inflow of the product since its listing in early 2024. BlackRock's IBIT currently holds 3.3% of the global Bitcoin supply, and the fund's net worth is over $71 billion, about three times that of second-ranked Fidelity FBTC. Over the same period, Ethereum spot ETFs saw net inflows of around $250 million, the highest since early February, despite a slight pullback in volume. (TheBlock)

New York police arrested John Woeltz, a 37-year-old crypto investor, and a 24-year-old female accomplice in Lower Manhattan on suspicion of kidnapping and torturing an Italian tourist. According to the New York Post, citing sources, Woeltz imprisoned the victim in an upscale SoHo apartment for more than two weeks in an attempt to violently gain access to his financial accounts, which amounted to millions of dollars. Police found Polaroid photographs documenting abuse at the scene, including a photo of the victim being pointed at gunpoint. The victim was lured to his apartment on May 6 for an a

Wu reported that the Slow Mist team released an analysis of the Cetus theft incident, where the attacker exploited the overflow detection flaw in the checked_shlw function to borrow haSUI through Flash Loans, manipulate the price, and exchange a massive amount of liquidity at a cost of only 1 Token, profiting approximately 230 million USD, including various assets such as SUI, vSUI, and USDC. The attacker transferred part of the funds (USDC, SOL, etc.) across-chain to EVM Addresses via Sui Bridge. They deposited 10 million USD in Suilend, and currently, 162 million USD of the stolen funds have

A U.S. federal judge overturned the fraud and market manipulation convictions of Avraham Eisenberg, the main perpetrator of the Mango Markets attack, believing that the DeFi protocol is an open system and does not constitute "fraud in the legal sense." The judge pointed out that the prosecution failed to provide sufficient evidence to prove that his actions involved false statements. Although the case has been dismissed, Eisenberg is still serving nearly four years in prison for a separate child pornography case. He still faces civil lawsuits filed by the SEC and CFTC. (Cointelegraph)

According to Wu, Solana announced the launch of the Solana Attestation Service (SAS), a new verification service that can be used to verify any content, aimed at providing a trust layer for the internet capital market. SAS allows off-chain data to be associated with any Solana Wallet, and applications can now verify KYC/identification, investor verification, and on-chain reputation information while maintaining privacy through signed verification.

The U.S. law firm Bragar Eagel & Squire has launched an investigation into the medical technology company Semler Scientific, potentially involving violations of federal securities laws and other misconduct. The company has been under investigation by the Department of Justice since 2017 due to QuantaFlo reimbursement issues, and has received multiple supplemental requests in recent years, with a recent settlement attempt failing. Despite facing potential lawsuits, Semler purchased an additional $50 million in Bitcoin this week, bringing its total holdings to 4,264 coins. (Decrypt)