Abu Dhabi's sovereign wealth fund Mubadala has disclosed its ownership of more than $400 million worth of BlackRock's Bitcoin Futures ETF.

On May 16th, based on HTX market information, Vaulta (A) briefly exceeded $0.83 and is now trading at $0.8327, with a 24-hour increase of 7.4%. Before this news, WLFI purchased $3 million worth of EOS and A through the BSC ecosystem Pancake and the exSat ecosystem 1DEX respectively.

On May 16th, as reported by The Block, Bitcoin mining company BitDeer experienced a sharp decrease in revenue but a notable increase in net profit during the first quarter of this year. This was mainly due to non-cash gains from derivatives. According to BitDeer's latest financial report released on Thursday, the company's total revenue for Q1 2025 was $70.1 million, representing a 41.3% year-on-year decline. The majority of the revenue came from its self-mining operations, which generated $37.2 million in revenue this quarter, a 23.1% year-on-year decrease. The company reported a net income of $409.5 million in the first quarter of this year, compared to $600,000 in the same period of 2024. The growth appears to be primarily attributed to a $503.1 million non-cash gain resulting from the fair value increase of derivative liabilities on its balance sheet, including convertible notes and Tether warrants. BitDeer's Chief Business Officer Matt Kong stated in a statement, "This quarter mar

On May 16th, as per on-chain data, the Trump family's crypto project WLFI purchased $3 million worth of EOS via the BSC ecosystem DEX protocol Pancake. Meanwhile, they also bought $3 million worth of Vaulta (A) through the exSat ecosystem DEX protocol 1DEX. Before this piece of news, Vaulta (formerly EOS) announced that the EOS token would be swapped for A on May 14th, supporting a 1:1 frictionless exchange with no alterations to the tokenomics.

On May 16th, based on official data, by May 15th, the Bitcoin spot ETF under BlackRock, namely the Bitcoin Investment Trust (IBIT), held approximately $646.97 billion worth of Bitcoin, which surpassed the current holding of approximately $591.46 billion of the Strategy.

On May 16th, according to official channels, the U.S. Securities and Exchange Commission (SEC) has put out Frequently Asked Questions (FAQs) associated with crypto asset activities and distributed ledger technology. These FAQs cover broker-dealer custody rules, the in-kind creation of crypto ETFs, the net capital treatment of Bitcoin and Ethereum, and the transfer agent rules for tokenized securities. Commissioner Hester Peirce characterized this guidance as an "incremental move" and reminded that non-securities crypto assets are not safeguarded by the Securities Investor Protection Act (SIPA).

On May 16th, according to the analysis of crypto KOL niftywap.eth, the Believe platform is amassing the token supply for its ecosystem token through a fee mechanism. Taking the meme coin Theranos as an example, in the past 24 hours, the Believe platform has accumulated 2.3% of the token supply (which is currently locked) and has risen to the third-largest holder, second only to theranoscexwallet.sol. niftywap.eth further stated that if the fees used for the token could be distributed to the team, the issue of the listing fund would be alleviated. The team needs several percentage points of funding to survive and get listed on a centralized exchange (CEX). Whale users are not willing to donate, and they shouldn't. As long as the team uses these fees for marketing and listing projects, this is the new gold standard.