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According to East Net reports, in the past week, Hong Kong received nearly 100 online investment scam cases, including a female victim who met a so-called "expert" through a second-hand furniture group and was lured to invest in Tether (USDT) on a fake website.
The victim followed the scammer's instructions, transferring funds over 60 times, moving money and virtual currencies to the scammer's account as investment principal.
It wasn't until the scammer refused to allow withdrawals that the victim realized they had been scammed, with total losses reaching HKD 5.2 million.
Law enforcement

According to Hong Kong 01, the Hong Kong Monetary Authority issued a notice urging the public to stay alert and pay attention to press releases issued by the Fintech Innovation Hub and HSBC, which involve tokens claiming to be related to licensed stablecoin issuers. Recently, the market has seen tokens using the code names "HKDAP" or "HSBC," but these tokens are not issued by licensed stablecoin issuers and have no connection to the issuers. As of now, both licensed stablecoin issuers have stated that they have not issued any regulated stablecoins in the market. The HKMA reminds the public to

According to The Daily Mail, after ASOS co-founder Quentin Griffiths, an online retail giant, died by falling from a building in Thailand, approximately $4 million (about £2.7 million) in assets in his Bitcoin wallet appeared to have been stolen.
The 58-year-old Griffiths died on February 9 this year after falling from the balcony of his 17th-floor apartment in Pattaya, Thailand, and he was previously under investigation for a £500k fraud case.
Investigations show that within a few days of Griffiths's death, the funds were transferred to unknown addresses through three separate transaction

The Bitcoin lending protocol Tropykus announced the initiation of its phased shutdown process for the first version. The official statement indicated that due to its original architecture designed four years ago being immutable, it cannot flexibly integrate new technologies such as artificial intelligence (AI) or meet future security standards. Tropykus confirmed that deposits and new loan functions have been permanently suspended, but withdrawal and repayment functions remain open. The official recommends users complete asset withdrawals through the official website frontend before July 27, 2

According to CBC, the Canadian federal government announced in the Spring 2026 Economic Update that it plans to ban cryptocurrency ATMs to protect citizens from scams. The government pointed out that crypto ATMs have become a primary means for scammers to defraud victims and for criminals to transfer funds. According to statistics, Canada currently has nearly 4,000 crypto ATMs, making it the country with the highest per capita ownership. Based on analysis by Canada's financial intelligence agency FINTRAC, these machines have become a core channel for money laundering and fraudulent fund outflo

U.S. District Court Judge Lewis Kaplan officially denied the former FTX CEO Sam Bankman-Fried's (SBF) motion for a retrial. Previously, SBF presented so-called "new evidence," claiming that FTX was still solvent at the time of bankruptcy and accused the Department of Justice of intimidating witnesses. Judge Kaplan harshly criticized these allegations as "baseless" and "absurd conspiracy theories," pointing out that their claims are completely contradicted by the factual record. (TheBlock)

According to Lookonchain monitoring, Bitmine has staked an additional 106,200 ETH, worth $244 million. Currently, Bitmine has staked a total of 3,920,445 ETH, valued at $8.97 billion, accounting for 77.2% of its total holdings.

According to @EmberCN monitoring, about 20 minutes ago, a multi-signature wallet of WLFI transferred 16,435 ETH ( worth 37.58 million USD ) into Coinbase Prime.

According to Bitcoin Magazine, former PayPal president and current Lightspark CEO David Marcus announced at the 2026 Bitcoin Conference the launch of a new Bitcoin wallet that allows AI agents to buy BTC and send and receive funds.

Wu learned that Bloomberg ETF analyst James Seyffart stated that the market ETF is expected to launch next week. Roundhill Investments has submitted relevant documents with an effective date of May 5th. The initial products will focus on betting on the outcome of control of the U.S. Congress by either the Republican or Democratic parties (House or Senate); he also expects that other issuers, including Bitwise and GraniteShares, may submit similar documents in the coming days.

Wu Shuo learned that the Office of the United States Attorney for the Southern District of New York said that Maximilien de Hoop Cartier, a French national, was sentenced to 8 years in prison for operating an unregistered cryptocurrency over-the-counter (OTC) business and participating in a conspiracy to commit bank fraud, laundering more than $470 million through a network of shell companies; since 2018, he has used multiple U.S. bank accounts and false business records to convert illegal proceeds such as those from drug trafficking into fiat currency in the form of cryptocurrency and transfe

According to @EmberCN monitoring, an address that participated in the Ethereum ICO in 2015 and received 10k ETH made its first transfer after holding for about 10 years, transferring all ETH to a new address; based on the ICO price of approximately $0.311, it was worth about $3,110 at the time, and its current value is approximately $22.88 million.

Wu Shuo learned that PumpFun stated it has destroyed all previously repurchased PUMP tokens, approximately $370 million, accounting for about 36% of the circulating supply, in response to market doubts about the purpose and sustainability of the buybacks; at the same time, it announced that in the next year, 50% of its revenue will be used for programmatic buybacks and burns to reduce circulating supply and enhance mechanism certainty; this move is an adjustment taken after about 9 months of high-income operations to address market trust issues.

Wu said that Robinhood Markets announced its first-quarter 2026 results, with total revenue increasing by 15% year-over-year to $1.07 billion, diluted earnings per share of $0.38, up 3% year-over-year; net deposits of $17.7 billion, corresponding to a 22% annualized growth rate, and total platform assets growing 39% year-over-year to $307 billion. Trading revenue increased 7% year-over-year to $623 million, mainly driven by options, stocks, and event contracts, but crypto revenue declined 47% year-over-year to $134 million; net interest income grew 24% year-over-year to $359 million.

Wu learned that LayerZero Labs has committed to providing over 10,000 ETH to the DeFi United revival plan led by Aave, including a donation of 5,000 ETH and an additional 5,000 ETH deposited to enhance Aave's market liquidity, and will further boost GHO liquidity; this initiative is one of the industry recovery plans surrounding the rsETH incident, and LayerZero also stated that it will continue to collaborate with Aave and other DeFi projects on the integration of OFT in lending markets.

Wu Shuo learned that Coinbase, in collaboration with Glassnode, released the report "Charting Crypto Q2 2026" which states that the crypto market is still mainly driven by macro factors and Middle Eastern developments, with high short-term uncertainty; Bitcoin's NUPL has risen from the "fear" phase in the first quarter to the "optimism" phase, with about 75% of institutional investors and 71% of non-institutional investors believing Bitcoin is undervalued; regarding Ethereum, short-term supply (held less than three months) decreased by 38% in the first quarter, while long-term supply (held ove

RWA yield platform Nuva Digital (co-incubated by Animoca Brands and Nuva Labs) completed a $5.2 million seed round funding, led by Morgan Creek Digital, with participation from Ulu Ventures and others, providing funding support for its RWA yield platform Nuva Finance; initial products include nuYLDS and nuHELOCs based on assets issued by Figure Technologies (corresponding to yield-bearing stablecoin securities YLDS registered with the U.S. SEC and home equity loan assets). (The Block)

Over Foundation issues a statement announcing that Over Protocol will enter a halt in operations. Due to funding constraints, the foundation has ceased infrastructure and services such as OverWallet, OverNode, OverFlex, RPC, block explorers, and APIs, and does not plan to resume them. Over Protocol is a Layer 1 mainnet; although designed to be decentralized, after the foundation's exit, on-chain block production will heavily depend on whether independent validators continue running clients, and the foundation cannot guarantee the network's continued operation.

According to Bloomberg, the prediction market platform Polymarket is in discussions with officials from the U.S. Commodity Futures Trading Commission (CFTC), planning to lift trading restrictions for U.S. users and promote its main platform's return to the U.S. market. If approved, it could significantly accelerate the development of the prediction market industry in the United States. Polymarket previously exited the U.S. market after reaching a settlement with the CFTC in 2022 and banned U.S. users from accessing its international platform. Currently, the company is exploring integrating its

According to Bloomberg, prediction market Polymarket is actively working to launch its core trading platform for the U.S. market, contingent upon obtaining approval from the U.S. Commodity Futures Trading Commission (CFTC). The report did not disclose specific launch timelines or product details.