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🚀 CryptoAttack is the fastest 24/7 crypto news aggregator. This is the English version, at the moment we work with auto-translator, so there might be some errors.

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Bank of America: Our base case remains that the Fed will pause rate hikes in June and keep rates stagnant before starting to cut rates early next year.

More than 700 US banks face "significant insolvency risks" due to large losses on their balance sheets, according to the Fed report. The Fed said the rate hike was the catalyst for huge losses for US banks.

Yellen expects US regulators to be open to medium bank mergers - reuters

Republicans and Democrats Make Progress in Their Talks on Federal Spending and Raising the Debt Limit, Yellen Says - wsj

The chances of a recession have risen to the highest level in 40 years sinceaccording to the probabilistic model of the New York Fed (chart)

US government faces 'significant risk' of default in June warns Congressional Budget Office
👀 Star Xu: OKX launched the BRC-20 browser twitter.com
👀 Data: 5 tokens will be unlocked this week with a total issuance value of over 167 million USD. token.unlocks.app
👀 MicroStrategy is developing a product to help businesses deploy applications for Bitcoin rewards. twitter.com
👀 Coinbase: Users in the UK and Canada cannot sell or withdraw money to Paypal, a fix is ​​being rolled out status.coinbase.com
👀 The crvUSD contract has been redeployed again, arbitrageurs need to update the address of the robot twitter.com
👀 The new Twitter CEO keeps an eye on Dogecoin and Shiba Inu-related social media accounts. decrypt.com
👀 Binance.US now offers Web3 domains for $10 twitter.com
👀 Data: The new address spent 1202 ETH to buy 42626 RPL. twitter.com
👀 Scroll Lianchuang: The first challenge is to launch the mainnet as soon as possible, and the number of participating addresses on the testnet has exceeded 4 million. mp.weixin.qq.com
👀 Data: Giant whale address starting with 0xb154 withdrew 8500 ETH from Binance again last night. twitter.com
👀 The US Securities and Exchange Commission has filed a lawsuit to change the $22 million fine against LBRY to approximately $110,000. cointelegraph.com
👀 Bloomberg: Bitcoin will become one of the three most preferred assets for investors in the event of a US default bloomberg.com
👀 The “500 BTC Purchase Image” may be the first time Bitcoin was used to purchase goods, before pizza purchase transactions. twitter.com
👀 Ubisoft will launch the "Assassin's Creed" NFT series and plans to open casting on May 16th. decrypt.com
👀 Data: BTC miner fee income has fallen for six years in a row and returned to the level of early May. oklink.com
👀 The Sui Foundation has launched the Asia Pacific Office Hours program to provide developers with guidance. mp.weixin.qq.com
👀 Court report reveals Cash App founder was chronically addicted to drugs and underground parties. wsj.com
👀 Deputy Minister of Finance of Russia: The Tax Service, the Monetary Authority and the Central Bank may be responsible for overseeing the crypto industry in Russia from.ru
📊 The current annual return on #ETH staking is 8.6%, which is an all-time high. After the upgrade in Shanghai, 3.4M #ETH was deposited into #ETH2.0 contracts, 2.67M #ETH was withdrawn, net collateral was 734.92k #ETH ($1.4B). #stETH APR also rose to an all-time high of 8%.