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5/3
05:03
Svmuu News: Galaxy Research Director Alex Thorn posted on X platform, stating that after in-depth discussions with multiple Bitcoin industry figures on the topic of quantum computing and Bitcoin, he believes that the market is gradually forming a consensus:
First, the approximately 1.1 million BTC held by Satoshi Nakamoto (distributed across about 22,000 P2PK addresses) should not be arbitrarily moved. Violating property rights to address quantum risks could undermine Bitcoin’s core value proposition. Even in extreme scenarios where these BTC are transferred, the market has strong absorption capacity, and risks can be further mitigated through solutions such as “Hourglass.”
Second, advancing research, testing, and signature compression of new cryptographic technologies like quantum-resistant (PQ) cryptography for Bitcoin is a positive direction. Contingency plans can be prepared in advance. However, prematurely pushing for protocol-layer implementation should be avoided to prevent consensus deadlock or the introduction of new, unverified risks. Even if there is only a 1% chance that quantum threats will impact Bitcoin, sustained research investment is worthwhile.
04:55
Svmuu reported, citing market sources: The draft statement from OPEC+ indicates that the group plans to raise its oil production target by 188,000 barrels per day starting in June. (Jin10)
04:42
Svmuu reported that Wasabi Protocol posted a security incident update on platform X, stating that users can now safely interact with the protocol's contracts to withdraw their remaining funds. The team said they are working diligently behind the scenes to advance related processing efforts. However, as the investigation is still ongoing, they are unable to disclose further details at this time. Updates will be shared with the community as soon as circumstances permit.
04:31
Svmuu News: 10x Research founder Markus Thielen posted on X platform that Bitcoin has now risen above the 7-day and 30-day moving averages, with short-term and medium-term trends remaining bullish. It has gained 1.1% in the past week. News of continued institutional buying and ongoing accumulation by large corporate treasuries has further boosted market confidence. However, influenced by the historical pattern of "buy the rumor, sell the news," the market subsequently experienced a brief consolidation.
Markus Thielen analyzed that hints from White House advisors about an upcoming major announcement regarding national strategic reserves have also strengthened bullish market sentiment. With Bitcoin's dominance rate remaining above 60%, some altcoins are quietly forming a bottom driven by fundamental catalysts. Projects related to privacy coins and RWA infrastructure are particularly worth paying close attention to.
04:27
Svmuureports that Barry Silbert, founder of the Digital Currency Group (DCG), the parent company of Grayscale, stated in a post on the X platform that in 2015, the market had yet to realize the existence of a $2 trillion global demand for decentralized digital value storage tools like Bitcoin. At the time, the industry generally believed that Bitcoin itself was sufficiently private to serve as a relatively private global store of value and transfer tool. Now, as market awareness increases and privacy needs are more clearly identified, privacy coins like Zcash will benefit from this 'prophet advantage.'
04:12
Svmuu News: South Korean financial giant KB Financial Group has announced a strategic partnership with U.S. crypto venture capital firm Pantera Capital, aiming to expand its digital asset strategy, enhance its blockchain financial competitiveness, and accelerate the development of new businesses. Previously, KB Financial had signed a memorandum of understanding with the Bank of Korea regarding the "Project Han River" and also established a partnership with stablecoin issuer Circle. (Koreaherald)
04:10
Svmuu reported that UnblockPay, a stablecoin financial services platform, announced the completion of a $4.5 million seed funding round. Prelude led the round, with participation from Plug and Play, Wintermute, Reverie, Signature Ventures, Triaxis Capital, Crescera Capital, and a group of angel investors. The new funds will be used to build regulated financial products that help enterprises integrate stablecoins into their financial operations, and to support seamless conversion between fiat currencies and mainstream stablecoins such as USDC and USDT. (Financialit)
04:04
Svmuu News According to the voting results of the dYdX Foundation governance proposal, the markets for four trading pairs—AKT-USD, GNO-USD, MNRY-USD, and MOG-USD—have been approved for delisting. A total of 16 out of 31 active validators and 124 accounts participated in this governance vote, with an overall voter turnout of 46.86%. Among the votes, 90.96% supported the delisting proposal, 0% opposed it, and 9.04% abstained. The proposal ultimately passed successfully.
04:04
New York Attorney General Letitia James announced that crypto platform Uphold has been ordered to pay over $5 million in restitution to affected users for promoting CredEarn, a fraudulent crypto savings product. The investigation revealed that between January 2019 and October 2020, Uphold marketed CredEarn, offered by Cred LLC, as a "safe and secure" high-yield savings product, promising users it was "fully insured." However, Uphold failed to disclose that the returns actually came from issuing high-risk, small-dollar loans to low-income gamers in China, and that no such insurance coverage existed.
The New York Attorney General’s office further noted that Uphold did not obtain the necessary broker or commodity broker-dealer registrations while promoting the product. After Cred filed for bankruptcy in 2020, many users suffered losses. Under the settlement, Uphold will directly pay $5 million in restitution to harmed users. Additionally, any future funds Uphold recovers from Cred’s bankruptcy proceedings, totaling $545,000, will also be returned in full to the affected investors. (ny.gov)
04:01
Svmuu reported that a crypto KOL posted on X platform, stating that the top address on the Bitcoin rich list, associated with Binance, is a wallet address starting with "3" and holds over 200,000 BTC. The KOL questioned the security of Binance concentrating such a large amount of Bitcoin in a single address, expressing concerns about the risk of private key collision cracking. In response, CZ said: "An address starting with 3 should be multi-sig, right? You'd need to collide more than 3 private keys? Trust the math."
Analysts believe the address likely employs a multi-signature mechanism. Even if a private key collision is theoretically possible, the actual difficulty of cracking it is extremely high.
03:15
Svmuu reported on May 3 that Mojtaba Zarei, a member of the Iranian Parliament's National Security and Foreign Policy Commission, disclosed new details of the Islamabad talks on social media. Zarei stated that the basis of the Islamabad negotiations was the permission of Iran's Supreme Leader. In addition to obtaining permission to negotiate, the content of the talks must also fall within the framework authorized by the Supreme Leader: When the US side sought to discuss nuclear technology issues, they were informed that the Supreme Leader had prohibited the delegation from discussing technical details on this matter; from now on, decisions on this issue will be made entirely by the Supreme Leader. Furthermore, the head of the Atomic Energy Organization of Iran has been banned from joining the negotiation team. (CCTV News)
02:46
Svmuureports that BlackRock has submitted a comment letter to the Office of the Comptroller of the Currency (OCC), opposing the reserve asset restrictions proposed in its draft rules implementing the GENIUS Act. In the comment letter, the firm specifically targets the rules for "permitted payment stablecoin issuers," calling for no quantitative cap on tokenized reserve assets.
BlackRock stated that the proposed restrictions are unrelated to regulatory objectives, and the risk of reserve assets should be determined by their credit quality, duration, and liquidity rather than whether they are held or transferred on a distributed ledger. This comment letter was submitted in response to multiple rule proposals from the OCC covering reserve composition, capital requirements, custody, and other related matters. (The Block)
02:25
Svmuu reported that Iraq's border crossing management department stated on the 2nd that 70 oil tankers loaded with crude oil entered Syria from Iraq via the Rabia crossing that day. This marks Iraq's reactivation of this land oil transport route after 13 years. Located in Nineveh Governorate in northwestern Iraq, the Rabia crossing had been largely closed since the outbreak of the Syrian civil war in 2011 and only reopened this April. The crossing is not far from the oil fields in Mosul and Kirkuk in northern Iraq.
02:11
Svmuu News: On May 3, local time, the Chairman of the Iranian Parliament's Civil Committee stated that, according to parliament's plan for managing the Strait of Hormuz, all traffic through the Strait must obtain permission from Iran, and any goods belonging to Israel have no right to pass under any circumstances. Hostile countries at war with Iran are not allowed to pass through the Strait of Hormuz until they compensate for damages. (CCTV News)
01:30
1. Yunfeng Financial strategically invests in WooshPay, aiming to expand its digital payment and asset tokenization business;
2. Even if the Clarity Act is not passed, the US crypto industry will continue to develop;
3. An Iranian very large crude carrier (VLCC) evades US Navy tracking, heading towards the Riau Islands, Indonesia;
4. LAB drops below $1, falling over 50% in 4 hours;
5. An account with a 47% win rate purchased $141,000 worth of bets on the Celtics covering the spread against the 76ers in Game 7 of the first round of the NBA Eastern Conference playoffs;
6. Paradigm partner proposes the PACTs mechanism, providing a protection path for quantum-vulnerable Bitcoin addresses;
7. An address spent 3 ETH to purchase ASTEROID 16 days ago, realizing a profit of approximately $1.26 million.
00:52
Svmuu reports that Chris Perkins, CEO of 250 Digital Asset Management, stated that even if the Clarity Act, aimed at clarifying the crypto regulatory framework, fails to pass Congress, the long-term development of the U.S. crypto industry will remain unaffected. He pointed out that the SEC and CFTC are already continuously building a regulatory framework to provide stability and certainty for the industry.
Perkins stated that regulatory agencies are currently gradually clarifying the classification system for crypto assets through policies and practices. Compared to the restrictions previously imposed by defining tokens as securities, the relevant compliance paths are now becoming clearer. He also noted that if the Clarity Act eventually passes, it will further consolidate the regulatory framework, making future policies more difficult to reverse. Recently, market expectations for the advancement of the bill have increased, with multiple lawmakers and industry insiders expressing optimism that it could make progress in the short term. (Cointelegraph)
00:49
Svmuu News: On May 3, local time, information from maritime intelligence company "TankerTrackers" showed that a very large crude carrier (VLCC) belonging to the National Iranian Tanker Company, carrying over 1.9 million barrels of crude oil (valued at nearly $220 million), successfully "evaded" tracking by the US Navy. The tanker is currently transiting the Lombok Strait in Indonesia and heading towards the Riau Islands. (CCTV News)
00:17
Svmuu News: Yunfeng Financial has announced the completion of a strategic investment in cross-border payment service provider WooshPay, with the specific amount undisclosed. WooshPay is a financial infrastructure platform regulated by the UK Financial Conduct Authority and the Hong Kong Customs and Excise Department. Yunfeng Financial stated that this investment aims to expand the digital payment market and integrate its digital asset infrastructure platform AlphaToken, advancing "AI+Web3" asset tokenization and compliant settlement-related businesses. According to further disclosure, Yunfeng Financial has received approval from the Hong Kong Securities and Futures Commission to provide virtual asset trading services, supporting users in trading digital assets such as Bitcoin and Ethereum on its platform.
5/2
23:34
Svmuu reported that according to Lookonchain monitoring, a trader spent 3 ETH (approximately $7,257) to buy 4.28 billion ASTEROID 16 days ago, and has since sold all of them for 550 ETH (approximately $1.27 million), realizing a profit of 547 ETH, or about $1.26 million.
22:49
According to Svmuu, data from GMGN shows that LAB has dropped over 50% in 4 hours, falling below $1 and is currently trading at $0.98.

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