1. The U.S. Government Holds $21.1 Billion in Cryptocurrency

The value of the U.S. government's cryptocurrency holdings has risen to $21.156 billion, including: · 198,012 Bitcoins, valued at approximately $20.69 billion; · 59,965 Ethereum, valued at approximately $150.7 million; · 122 million USDT. -Original

2. Michael Saylor's Bitcoin Investment Profits $20 Billion

3. Rootstock Enhances Bitcoin DeFi Security

Rootstock is one of many projects aiming to bring greater utility to Bitcoin by expanding the DeFi capabilities of smart contracts. -Original

4. Coinbase Aims to Become the World's Largest Financial Services App

Coinbase CEO Brian Armstrong stated that with traditional players continuing to accelerate the adoption of cryptocurrency, the crypto platform aims to become one of the largest financial services companies in the world within a few years. Brian Armstrong mentioned during Thursday's quarterly earnings call: "Currently, we are primarily focused on trading and payments, targeting our main customer groups: retail, small and medium-sized enterprises, institutions, and developers. Our goal is to become the number one financial services application among global customers within five to ten years." -Original

5. Defillama Discovers Hacker Breach in Lido Oracle

Odaily Planet Daily reports that Defillama founder 0xngmi posted on X platform stating that hackers managed to breach one address in the Lido oracle's multi-signature, exposing their whereabouts after stealing 1.4 ETH. 0xngmi added that it might be worth placing some simple coins in a multi-signature wallet to act as a canary and alert when the wallet is compromised. Previously, Lido DAO initiated an emergency proposal to replace the oracle nodes suspected of leaking private keys. -Original

6. South Korean Central Bank Seeks Early Involvement in Stablecoin Approval

The South Korean central bank emphasized that if a stablecoin backed by the Korean won is launched, the central bank should intervene from the initial approval stage. Ko Kyeong-cheol, head of the central bank's electronic finance team, stressed at a recent financial law conference that stablecoins could significantly impact the central bank's ability to implement policies related to monetary policy, financial stability, and payment settlements. He emphasized that the South Korean central bank should play a role in the approval process to minimize the potential negative impact of digital assets on the central bank's policy objectives. -Original

7. OpenAI and Microsoft Discuss Funding Unlock and IPO

Odaily Planet Daily reports: According to the Financial Times, OpenAI and Microsoft are in talks to unlock new funding and a future IPO. -Original

8. $110 Million Worth of CHEEL Set to Unlock

Next week, four crypto projects will undergo token unlocks, releasing a total value of approximately $260 million. On May 12, APT will unlock about 11.3 million tokens (approximately $66.27 million), accounting for 1.131% of the total supply; on May 13, CHEEL will unlock about 20.81 million tokens (approximately $110 million), accounting for 2.081% of the total supply; on May 13, ZKJ will unlock about 17.22 million tokens (approximately $37.71 million), accounting for 1.722% of the total supply; on May 17, AVAX will unlock about 1.76 million tokens (approximately $43.41 million), accounting for 0.245% of the total supply. -Original

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