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【AiCoin丨5.24 Snapshot: Giant Whales Bottom Fishing, Stablecoin Legislation, New Regulations in Japan】

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28 minutes ago
AI summarizes in 5 seconds.

1. The US-Iran peace agreement is expected to be announced within 24 hours, the draft for ending hostilities has been approved

According to The Washington Times, sources say that the negotiation representatives of the United States and Iran have approved the draft agreement to end hostilities, and it is expected to be officially announced within 24 hours, pending approval from both governments.   -Original

2. The US cryptocurrency industry accelerates the push for regulatory legalization, legislation on stablecoins and other matters is underway

According to The Information, the US cryptocurrency industry is promoting legislation on stablecoin regulation, cryptocurrency market structure bills, and ETFs in Washington. Reports indicate that the Trump administration's attitude towards cryptocurrencies has shifted to a friendly stance, with increasing support in Congress, and the industry is trying to integrate crypto assets into the mainstream financial system. Institutions such as Coinbase and a16z crypto are expanding their policy influence through political donations and lobbying teams, shifting regulatory approaches from "suppression" to "normalization and acceptance."   -Original

3. The University of Michigan's Consumer Confidence Index hits a record low since 1952

The University of Michigan's Consumer Confidence Index has dropped to its lowest level since records began in 1952.   -Original

4. Man sentenced to 12 years and 7 months for stealing 4 bitcoins, illegally profiting about 900,000

According to the Fuzhou City Cangshan District People's Procuratorate, a man was sentenced to 12 years and 7 months in prison for stealing another person's Bitcoin wallet keys and related data, illegally profiting about 900,000. The court imposed a fine of 300,000. The procuratorial agency stated that while Bitcoin is not a legal currency, it has property characteristics, and related infringement actions will be prosecuted.   -Original

5. Binance denies WSJ's allegations of Iranian sanction transactions and files a defamation lawsuit

According to the WSJ, Binance is accused of handling about 850 million dollars in transactions related to Iranian sanctions over two years, with some funds flowing to the Iranian Revolutionary Guard Corps (IRGC). Binance CEO Richard Teng denied the report on the X platform, calling it "completely inaccurate" and stated that the related actions occurred before the involved parties were sanctioned by the US. The report claimed that Iranian businessman Babak Zanjani and his associated accounts were said to have formed a secret payment network through Binance. The WSJ noted that Binance's compliance system identified unusual access from Tehran at the end of 2024, but the related accounts were not shut down in time, with entities like the Iranian central bank conducting transactions of about 107 million dollars through Binance between 2024 and 2025. Binance emphasized that its compliance system is leading and has continuously strengthened risk control after paying 4.3 billion dollars in settlement funds, while filing a defamation lawsuit against the WSJ.   -Original

6. Bitfinex sees an inflow of 2307 BTC in 24 hours, worth 231 million dollars

According to AiCoin monitoring, Bitfinex exchange has seen significant capital flow. In the past 24 hours, the exchange's wallet has received 2307 BTC, valued at 231 million dollars, with its current BTC wallet balance at 407,300 BTC. For more data on exchange capital flows, please visit the AiCoin webpage - Data - Hyperliquid: https://www.aicoin.com/zh-Hans/hyperliquid   -Original

7. Early Ethereum address buys 3942 ETH at the bottom, valued at 8.08 million dollars

On-chain data shows that an early Ethereum address bought 3942 ETH during the market downturn, valued at about 8.08 million dollars, with an average buying price of 2049 dollars. This address acquired 12,000 ETH from ShapeShift about 10 years ago at an average price of around 7.58 dollars, and sold all ETH over a year ago at an average price of about 2856 dollars, receiving 34.3 million USD Coin, with a total profit of about 34.2 million dollars, resulting in an investment return rate of 376 times.   -Original

8. Japan's Financial Services Agency announces revised rules for the 2025 "Funds Settlement Act," effective June 1

According to NADA NEWS, Japan's Financial Services Agency has announced the orders and rules related to the revision of the 2025 "Funds Settlement Act," which will take effect on June 1. The revisions cover stablecoins, cryptocurrency service intermediaries, fund transfers, and cross-border collection businesses, clarifying the underlying asset scope, allocation ratio limits, and requirements to prevent principal loss for specific trust beneficiary-type electronic payment means, as well as specifying registration applications, user notices, prohibited behaviors, user protection, and bookkeeping management rules for electronic payment means and cryptocurrency service intermediaries.   -Original

 

The above is a selection of hot topics from the past 24 hours. For faster news updates, please download AiCoin (aicoin.com)

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