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FDT Founder Vincent Chok: WLFI is not the first target of Sun Yuchen.
WLFI has filed a lawsuit against Sun Yuchen, FDT founder Chok stated that the dispute involving both parties and related parties has lasted over a year, and WLFI is not the first publicly targeted entity. In the past year, Sun has twice offered rewards for internal evidence, with amounts increasing from 50 million to 100 million USD. Sun Yuchen accused FDT of transferring approximately 500 million USD of customer funds to a Dubai bank, which FDT denied and responded with legal action. Court documents from the DIFC show that Techteryx froze about 456 million USD in assets in the TUSD case. Chok said that more trading partners are responding through legal means to what they call malicious attacks and lies, and the dispute will be settled by judicial outcomes.
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WLFI3.58%
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Wu Shuo learned that CME Group announced plans to launch Bitcoin volatility futures contracts on June 1, 2026 (subject to regulatory approval), with the CME CF Bitcoin Volatility Index as the settlement benchmark (reflecting the implied volatility over the next 30 days), used for trading or hedging Bitcoin volatility risk.
BTC1.98%
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Wu Shuo learned that, according to the Solana Foundation's disclosure, they have partnered with Google Cloud to launch a payment gateway for AI agents, allowing direct access and payment for APIs using stablecoins through the Solana wallet based on usage, without the need for accounts or subscriptions; the system supports integration with Google Cloud services such as Gemini, BigQuery, Vertex AI, Cloud Run, and over 50 third-party APIs, and enables pay-per-use and multi-service selection through a unified API marketplace.
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According to Fortune, the crypto payment and infrastructure company MoonPay has acquired the Solana trading infrastructure platform DFlow for approximately $100 million in stock. DFlow provides trading routing and DEX aggregation services, recently accounting for about 5% to 10% of trading volume on Solana-related trading platforms, and processed over $12 billion in trading volume in the first quarter of 2026. The acquisition aims to enhance MoonPay's capabilities in trading, and to improve its integrated layout of "funds, tokenization, trading, and payments."
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Arthur Hayes stated at Consensus Miami 2026: 99% of shitcoins may go to zero, but this does not mean the end of the crypto industry; rather, it is a normal market cleansing process. Similar to how approximately 98% of S&P 500 companies have been eliminated or replaced since 1929, the industry continues to evolve through a process of metabolic renewal, and the altcoins ecosystem will still exist and develop.
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Wu reported that on-chain analyst @0xaletheia369 posted that Hyperliquid-related digital asset treasury companies (DATs) currently hold nearly 9% of the circulating supply of HYPE, with a circulation market cap that exceeds BTC, ETH, SOL, and BNB treasury holdings. Currently, HYPE is the only DAT asset in their statistics traded with a positive mNAV, making it easier for related treasury tools to raise funds and continue absorbing supply. If the ETF is approved, the new passive funds will face a tighter circulating supply, early institutional holding structures, and existing treasury buy order
HYPE6.91%
BTC1.98%
ETH0.61%
SOL1.85%
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Drift announces April vulnerability compensation plan, will issue Recovery Token and plans to restart the exchange in Q2
Drift Protocol announced a recovery plan after the vulnerability was disclosed: affected wallets will receive a Recovery Token and file claims based on verified losses and their proportion of the recovery fund pool. The initial funding is approximately $3.8 million (USDT). Going forward, the funding will continue to increase through matching via the exchange’s net revenue, partner capital, and Tether’s maximum match of $127.5 million. Once the fund pool reaches $5 million, redemptions will be opened; early redemptions will forfeit the remaining claim rights. Previously, $280 million was stolen.
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DRIFT-3.53%
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Cryptocurrency exchange Coinbase has made a multi-million dollar strategic investment in tokenization platform Centrifuge and has designated it as a primary tokenization partner within the Base ecosystem. Centrifuge will be responsible for promoting the onboarding and trading of real-world assets (RWA), including ETFs, credit funds, and structured products, on the Base network. The two parties have previously collaborated, with Centrifuge launching an on-chain S&P 500 index fund on Base. (The Block)
CFG14.64%
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Wu Shuo has learned that the crypto law firm Burwick Law issued a statement indicating that it has filed a federal class action lawsuit against Iggy Azalea on behalf of the MOTHER token buyers. The complaint alleges that Azalea promised that MOTHER would have real-world utility, misleading consumers into purchasing the token, but the related promises were not fulfilled as expected. Burwick Law states that MOTHER has fallen 99.5% from its historical high. The relevant allegations are still subject to the court's ruling.
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Wu Shuo learned that Burwick Law issued a statement indicating that it has filed a federal class-action lawsuit on behalf of the MOTHER token buyers against Iggy Azalea. The complaint alleges that Azalea promised that MOTHER would have real-world utility, misleading consumers into purchasing the token, but the related promises were not fulfilled as expected. Burwick Law stated that MOTHER has fallen 99.5% from its historical high. The relevant allegations are still subject to the court's ruling.
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WLFI Ecosystem's first AI project, WorldClaw, announces its official launch, positioned as an open operating system (Agent OS) for the Agent economy. Its initial product, WorldRouter, is an AI model routing gateway that aggregates over 300 mainstream AI models including Claude, GPT, Gemini, and supports native settlement using WLFI's stablecoin USD1. WorldClaw states that it will integrate the WLFI AgentPay SDK to enable AI agent calls, agent-to-agent payments, and on-chain settlements using USD1, building an economic closed loop from computing power invocation to payment.
WLFI3.58%
USD10.01%
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Wu Shuo learns that the Bitcoin Core Project, the core development team of Bitcoin, has issued a high-severity security alert (CVE-2024-52911), stating that between Bitcoin Core versions 0.14.0 and 29.0, nodes may trigger a memory error when validating specially crafted blocks, leading to remote crashes. The announcement points out that the vulnerability stems from cached data being prematurely released during transaction validation and accessed by background threads. If an attacker can construct a block with sufficient computational power, it may cause the node to crash and potentially pose a
BTC1.98%
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According to Fortune, the Solana ecosystem infrastructure project Jito plans to launch a user-facing trading application called JTX in July, officially entering the consumer trading market. The app will initially support spot trading, with plans to add perpetual contracts and prediction market features later. Jito CEO Lucas Bruder stated that the company is no longer solely relying on third parties to build products on its infrastructure but is proactively expanding user-facing applications. Jito previously received a $50 million investment from venture capital firm a16z Crypto in 2025.
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According to Bloomberg, market maker Jump Trading is collaborating with tokenization platform Securitize to promote on-chain stock trading within the existing regulatory framework.
Among them, Jump will be responsible for market making and trading, while Securitize will provide infrastructure support.
Securitize CEO Carlos Domingo stated that the plan aims to expand the securities market through blockchain technology.
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According to The Wall Street Journal, algorithm development company MicroAlgo Inc. (NASDAQ: MLGO) announced the launch of a blockchain architecture based on quantum technology, which integrates cyclic quantum secure channels (QSC) and quantum key distribution (QKD) to enhance on-chain transaction security and transparency. The architecture adopts a four-layer design, including the quantum communication layer, blockchain core layer, smart contract layer, and application layer. MicroAlgo stated that QKD can be used for key generation and distribution, quantum encryption can protect transaction d
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According to Forbes, ARK Invest released a report predicting that as Bitcoin gradually matures into a new institutional asset class, its market capitalization could grow from the current nearly $2 trillion to $16 trillion by 2030, with an annual compound growth rate of about 63% over the next five years. ARK expects the total market size of smart contract networks and on-chain digital currencies to reach $28 trillion by 2030, with Bitcoin potentially accounting for about 70%, primarily composed of smart contract networks like Ethereum, Solana, and others. The report believes that the growth of
BTC1.98%
ETH0.61%
SOL1.85%
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