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Insider: Former SEC Chair Gensler's private attitude towards crypto is much "milder," having previously contributed to the airdrop concept

4 hours ago

On May 14th, according to financefeeds, former House Financial Services Committee Chair Patrick McHenry said that the private stance of former U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler on digital assets is much more favorable than his public position. Patrick McHenry stated on the "U.S. Cryptocurrency" podcast that during private discussions, Gensler has expressed appreciation for the potential of blockchain and digital assets, which is in sharp contrast to his aggressive regulatory stance while leading the SEC. McHenry recalled that Gensler often mentioned his time at MIT where he taught courses on blockchain and digital currencies, and he also saw the value of digital assets and understood blockchain technology. Others who have worked with Gensler during his academic career have also confirmed this view. Sei Labs Chief Legal Officer Gerald Gallagher pointed out that Gensler made contributions to the early conceptualization of token airdrops, a detail that is rarely mentioned in his public biography.
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Source: Insider Insider Source: U.S. Not Seeking Dollar Depreciation in Tariff Negotiations

May 15th. As per the information available, the U.S. officials engaged in global trade agreement negotiations did not make an attempt to incorporate exchange rate policy commitments within the agreement terms. In the foreign exchange market, there are sharp fluctuations because of the concern that the Trump administration may be inclined to drive down the value of the dollar or achieve this objective through trade negotiations. On Wednesday, the South Korean won witnessed a nearly 2% surge against the dollar, and the Japanese yen also strengthened. Earlier this month, the New Taiwan dollar achieved its largest gain in decades. The source indicated that U.S. Treasury Secretary Bennett is the sole member of the Trump economic team who is responsible for exchange rate matters and has not authorized other officials to negotiate exchange rate policies with trading partners. Such negotiations will only occur when he is directly involved. (FXStreet)

2 hours ago

Ukrainian President: Kyiv Is Ready to Engage in "Any Form of Negotiation" to End Conflict with Russia

On May 15, Ukrainian President Zelensky declared that Kyiv is prepared to participate in "any form of negotiation" in order to bring an end to the conflict with Russia. (Forex)

2 hours ago

Pump.fun's Dominance Threatened by Emerging Platforms, Daily "Rug Pull" Token Share Significantly Decreases

May 15th. According to Dune Data cited by LookOnChain, the dominance of Pump.fun is being challenged by new platforms like Letsbonk.fun, Believe, and LaunchLab. Currently, among the daily "rug pull" tokens in the market, the proportion of Pump.fun has dropped from over 98% to 57.5%. Letsbonk.fun accounts for 17.9%, Believe for 12.9%, and LaunchLab for 5%. Recently, the hottest memes (such as LAUNCHCOIN, GOONC, DUPE, Hosico, etc.) have all been launched on either Letsbonk.fun or Believe.

2 hours ago

The Dollar Index (DXY) has surged nearly 30 points in the short term, now trading at 101.05.

On May 15th, based on market data, the US Dollar Index (DXY) experienced a short-term increase of nearly 30 points and is currently trading at 101.05.

2 hours ago

Kaito: Previously entered into a Liquidity Provision Agreement with Web3Port, but terminated the partnership prior to the latter's investigation by a CEX

On May 15th, Kaito posted on social media that on February 17th, Kaito entered into a liquidity provision agreement with Web3Port and voluntarily ended the transaction on February 27th. This agreement was one of several liquidity provision agreements that Kaito entered into around the TGE on February 20th, with the aim of supporting the initial trading price stability. In less than a week, Kaito believed that Web3Port's execution deviated from the original intention and promptly decided to terminate the project. This event took place before the negative reports on Web3Port in March and the subsequent exchange investigation. Since the TGE, the Kaito Foundation has never sold any KAITO tokens. In fact, the Kaito Foundation has been a net buyer of the token through an ongoing buyback program.

2 hours ago

Fintech Company Antalpha's Stock Soars 70% on US Market Debut, Triggers Circuit Breaker

On May 14th, according to GlobeNewswire, Antalpha Platform Holding Company (hereafter referred to as "Antalpha") announced today that the initial public offering (IPO) of its common stock was priced at $12.80 per share, with a total of 3,850,000 shares of common stock issued. The company's common stock has been approved for listing on the Nasdaq Global Market and is expected to start trading on May 14, 2025, under the stock symbol "ANTA". The offering is anticipated to be completed on May 15, 2025, subject to the usual closing conditions. It is reported that Antalpha is a cryptocurrency fintech company that focuses on providing liquidity and risk management solutions to institutional Bitcoin miners. As a key lending partner of Bitmain, Antalpha offers supply chain financing and collateralized loans through its Antalpha Prime technology platform, enabling customers to initiate and manage digital asset loans while monitoring collateral positions in nearly real-time. Market data shows t

2 hours ago

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