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The Frankfurt Prosecutor’s Office confiscated 34,000,000€ from the eXch crypto exchange (release)

In addition to money, law enforcement agencies confiscated the exchange infrastructure.

Reason: eXch has been used for years to launder hundreds of millions of $$$ obtained as a result of hacker hacking.

Despite obvious criminal schemes, the exchange refused to block addresses and freeze transactions.

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🇺🇸 American burger chain Steak ‘n Shake will start accepting payment in BTC - announcement

Visitors will be able to pay with cryptocurrency from May 16 in all 482 restaurants.

Steak ‘n Shake serves about 103,000,000 customers a year.

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🔞 Lookonchain: Crazy whale actively shorts #ETH with 25x shoulder on Hyperliquid.

Current loss: $2,600,000. Liquidation price: $2,343.

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🤯 Coinglass: The whale on the Bybit exchange liquidated the SHORT position at $10.27m with one order (in the ETH/USDT pair)...

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🤑 SoSoValue: Net inflow of funds to spot Bitcoin ETFs for yesterday = $117,460,000.

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🇹🇼Taiwanese deputy proposes to include Bitcoin in the state reserves (original)

A member of the Taiwanese parliament called on the government to include Bitcoin in national reserves along with Gold and foreign currency, emphasizing its properties as a hedging tool.

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🇺🇸 The U.S. Treasury Secretary criticized the Senate for blocking the stablecoin bill, calling it a missed opportunity for America (original)

«In order for stablecoins and other digital assets to develop globally, the world needs American leadership.»

«The world is watching while U.S. lawmakers are inactive.»

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✈️ #TON Telegram has launched Telegram Gift Marketplace (original)

Now users can buy and sell gifts directly in Telegram.

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🇺🇸 Representatives of SEC and BlackRock held a meeting to discuss cryptocurrency.

Topics: staking function in crypto-ETF, asset tokenization, crypto-ETF approval standards and crypto-ETF options.

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#13f
🤑 JPMorgan’s investments in Bitcoin ETF increased to $1,700,000,000 (form 13F)

JPMorgan — is the TOP-2 US bank. Assets under management (AUM) = 4,100,000,000,000$+.

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🤔 Bitcoin SV investors demand $13,000,000,000 from Binance (CT)

They are trying to resume a lawsuit against the exchange for delisting the token in 2019. In their opinion, this decision brought dove the price of the asset and deprived the project of the future.

The reason for delisting — is the behavior of BSV creator Craig Wright, who claims that he is Satoshi Nakamoto. CZ then publicly warned: «Continues to lie - we’ll delete it.»

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#Calendar
⚡️ Calendar of key events for this week:

Monday, May 12:
🇺🇸 The US SEC will hold the fourth round table dedicated to cryptocurrency
🔥 The meeting between the United States and China on trade duties in Switzerland is coming to an end

Tuesday, May 13:
🔥 USA - Consumer inflation CPI (Apr) - 15:30

Wednesday, May 14:
- nothing important

Thursday, May 15:
🇪🇺 EU - GDP for the 1st quarter of 2025 - 12:00
🇺🇸 USA - Initial Jobless Claims - 15:30
🇺🇸 USA - Philadelphia Fed Manufacturing Index (May) - 15:30
🔥 USA - PPI inflation (Apr) - 15:30
🔥 USA - Speech by J. Powell - 15:40
🇺🇸 USA - Fed Balance Sheet - 23:30

Friday, May 16:
- nothing important

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#onchain
📊 CryptoQuant: C exchanges withdrew 110,000 BTC ($11.5b) in the last month.

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🇪🇺 BitGO exchange received a MiCA license in Europe - announcement

Now the exchange can provide regulated services with digital assets throughout the EU.

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🔥 Michael Sailor bought 13,390 BTC ($1.34b) - announcement

Purchase price: ~99,856$

Now Strategy has 568,840 BTC ($59b) on the balance sheet.

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🔼 Institutionals (and the crowd) invested almost $1,000,000,000 in Bitcoin ETF last week - sosovalue

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🇺🇸 Kugler, Chairman of the #Fed:

❗️Tariffs are likely to lead to a slowdown in economic growth and an increase in inflation.
- Uncertainty around tariffs has already affected the economy.
- The increase in duties is likely to have significant economic consequences.
- Progress in the fight against inflation has slowed down.
- Conditions in the labor market are mostly stable.
- I supported the preservation of the interest rate at the current restrictive level.
- The Fed is in a good position to cope with the changing macroeconomic outlook (Economic Outlook)

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🤯 Coinglass: The whale on the Bybit exchange eliminated the LONG position at $7.5m with one order (in the BTC/USD pair)...

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#cro
🇦🇪 In Dubai, payment for public services with cryptocurrency will be allowed - release

The Dubai Department of Finance (DOF) has signed an agreement with the Crypto.com exchange - now residents and companies will be able to pay government fees in cryptocurrency.

This is the world’s first large-scale integration of crypto payments into the public services system.

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#breaking #crv
Warning: Hackers hacked the Curve Finance website (curve.fi domain).

All smart contracts are safe, but the project domain redirects to a phishing site that can steal funds from the wallet!

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#xaut #usdt
🇹🇭 Tether Gold token (XAU₮) is now available in Thailand! - blog

The Maxbit Exchange was the first in the country to list tokenized Gold from Tether.

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