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5/17
20:10
Svmuu reported that the U.S. Department of Justice has announced the launch of a restitution process for victims of the crypto mining scam AirBit Club. No fees will be charged during the compensation process.
AirBit Club was established in 2015, operating a financial pyramid scheme under the guise of crypto mining and virtual currency trading platforms. Victims who previously provided information to the FBI or prosecutors will be contacted by RCB Fund Services. The founder of AirBit Club was charged by the U.S. Attorney's Office for the Southern District of New York in August 2020 with money laundering and fraud. The trial concluded in September 2023, and the court ordered the forfeiture of all fraud proceeds, including over 16,000 Bitcoin. (bits.media)
20:09
Svmuu讯 According to insiders, Hong Kong Exchanges and Clearing Limited (HKEX) will soon unveil details of a new contract design for gold futures. Amidst global demand for gold and competition from Singapore, HKEX has been actively pushing forward to restart gold futures trading. The exchange is researching optimizations to its existing gold futures products, and relevant details will be announced in due course. (Hong Kong Economic Times)
20:08
Curve founder Michael Egorov expressed confusion over Fluid's latest governance proposal, which aims to transfer fGHO and iETHv2 positions from the protocol treasury to a team-controlled multi-sig wallet to cover the remaining bad debt from the Resolv depeg incident.
Aerodrome community member jpn memelord argued that the operation lacked sufficient communication and indirectly altered the risk exposure for USDC/USDT depositors, effectively using user liquidity to cover bad debts. The Fluid team responded, stating this is a standard technical procedure to unify the liquidation of thousands of Resolv-related debts. The total protocol assets remain unchanged, all steps are within the governance framework, and the proposal was prepared in advance.
In March of this year, the Resolv protocol suffered a hack targeting its signature infrastructure, leading to the malicious minting of approximately $80 million in unbacked USR stablecoins. This caused USR to severely depeg, and due to factors such as lagging oracle prices, Fluid was exposed to approximately $21 million in bad debt.
20:07
Svmuu reported that Aave CEO Stani stated on X that on May 18, the next phase of the rsETH technical fix plan has been completed. The loan-to-value ratios for wrapped Ethereum on all affected networks have been restored to pre-incident standards. Users can now once again use wrapped Ethereum as collateral for borrowing on the Aave platform, and collateral and debt swaps are also supported.
20:05
Svmuu News: Olena Oblamska appeared in U.S. federal court and pleaded not guilty to charges of conspiracy to commit wire fraud. The U.S. Department of Justice stated that Olena Oblamska is accused of participating in the operation of the cryptocurrency investment platform Forsage and was extradited from Thailand to the United States last week. Prosecutors allege that Forsage operated under the guise of an investment project based on Ethereum blockchain smart contracts, but in reality constituted a Ponzi and pyramid investment scheme involving approximately $340 million. Olena Oblamska is currently being held in custody pending trial, with the jury trial scheduled to begin on July 14, 2026. If convicted, she faces up to 20 years in federal prison. (The Block)
20:04
Svmuureports that Israeli media confirmed Trump and Netanyahu discussed the core topic of resuming military strikes against Iran during a phone call. Israeli officials said that if the US takes action, the two countries are expected to launch joint airstrikes. Trump warned Iran that "time is running out" and if they fail to present a good plan, they will face even more severe strikes.
Israel's public broadcaster, citing a senior Israeli official, reported that the phone call between Netanyahu and Trump lasted about half an hour, mainly discussing the possibility of resuming military strikes against Iran. The official said that if the US resumes military operations against Iran, Israel and the US are expected to launch joint airstrikes.
In a phone interview with the Axios news website, Trump stated that Iran's "time is running out" and warned that if the Iranian regime cannot offer better terms for a deal, "they will suffer strikes far more severe than ever before." Two US officials said Trump is expected to convene his senior national security team in the Situation Room on Tuesday to discuss military options. (Jin Shi)
20:00
Svmuu reports that, according to Onchain Lens monitoring, the ShapeShift mystery whale spent 5.68 million USDC to purchase 2,656 ETH, and currently holds 129,667 ETH, worth $274.78 million.
19:59
According to Coinglass data, over the past hour, liquidations across the entire network totaled $526 million, with long position liquidations accounting for $510 million and short position liquidations at $16.33 million. Additionally, ETH liquidations reached $239 million, while BTC liquidations totaled $151 million.
19:55
According to Onchain Lens monitoring, after a sudden market decline this morning, Machi Big Brother Huang Licheng's 25x leveraged ETH long position was completely liquidated again. He then quickly reopened a new 25x ETH long position, with cumulative losses exceeding $32.4 million.
19:42
Svmuu reported that OKX market data shows ETH has fallen below 2100 USDT, currently trading at 2099.99 USDT, with a 24-hour decline of 3.73%.
19:41
Svmuu reported that OKX market data shows BTC has fallen below 77,000 USDT, currently trading at 76,989.2 USDT, with a 24H decline of 1.55%.
10:40
According to Lookonchain monitoring, over the past 5 hours, two wallets spent $2.33 million to purchase 656,000 UNI.
10:12
Svmuu News: SharpLink CEO stated that if the CLARITY Act passes, market risk appetite recovers, and the tokenization process accelerates, ETH could rise. (Cointelegraph)
10:06
Svmuu reported that on-chain analyst Ai Yi monitored that the large whale increased its position by another 75,000 HYPE tonight, bringing its total holdings to 375,033.14 HYPE, valued at $16.02 million, with an average opening price of $43.298, and an unrealized profit of $225,000.
09:55
Svmuu News, Greeks.live macro researcher Adam posted on platform X stating that through Options Terminal analysis of the weekend market, it was found that large funds mainly engaged in three types of operations:
Selling near-term gamma and near-month volatility;
Buying downside protection for medium-to-long-term tenors, or constructing defensive structures such as put fly and collar;
Conducting pin and roll operations around the $79,000 to $80,000 range.
He stated that the current market does not support chasing short positions, and the decline has not caused market concern, with whales expecting short-term consolidation.
08:48
Svmuu news: Michael Saylor, founder and Executive Chairman of Bitcoin treasury company Strategy, has once again released information related to the Bitcoin Tracker, captioning it “₿ig Dot Energy.” Based on past patterns, Strategy always discloses its increased Bitcoin holdings the day after releasing related information.
08:32
Svmuu: U.S. President Donald Trump called Kentucky Representative Tom Massie "a terrible guy," stating he voted against tax cuts, against building the border wall, and against supporting our military and law enforcement. In fact, he has voted against almost every good thing. Massie is arguably the worst Republican congressman in history. President Trump urged Kentucky voters to oust this "waste" at the ballot box on Tuesday, saying, "We can't afford to put up with this troublemaker for two more years. He is a true negative force." (Jin Shi)
07:54
According to an official announcement, Gate will list Warden Protocol (WARD) for spot trading on May 18 at 17:00 (UTC+8) and will also list Warden Protocol (WARD) on its flash exchange platform at 18:00 (UTC+8).
07:30
1. Italy's largest bank Q1 crypto holdings rise to $235 million, first allocation to Ethereum and XRP;
2. Analyst: Bitcoin faces resistance at $82,000 again, short-term holders still selling on each rebound;
3. Iran says US has proposed 5 key conditions to Iran;
4. Iranian military: If US launches military action again, it will face an "offensive response";
5. Abu Dhabi sovereign wealth fund Mubadala increases IBIT holdings to nearly $660 million;
6. ADA whale holdings ratio rises to nearly 67%, highest since 2020;
7. A whale opens 25x leverage short on $50.55 million worth of ETH, and 20x leverage long on $25.27 million worth of BTC;
8. Santiment: Be cautious of bullish sentiment surging alongside the advancement of the CLARITY Act.
07:01
SvmuuNews: Analyst Axel Adler Jr. posted on X platform, stating that Bitcoin has been rejected at $82,000 again, marking the third failure at this level. The short-term holder SOPR indicator has still failed to stay above 1.0, indicating that short-term holders continue to sell during each rally. Currently, crude oil is near $106, the Dow Jones Industrial Average has dropped 537 points, and interest rates face the risk of remaining elevated for a prolonged period.

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