1. Popular currencies on CEX
CEX top 10 trading volume and 24-hour rise and fall:
BTC: -0.24%
ETH: +3.65%
SOL: +1.33%
XRP: +0.56%
BNB: +1.57%
NXPC: +6.05%
DOGE: +0.96%
SUI: +5.16%
PEPE: +1.24%
ADA: +0.04%
24 H increase list (data source: OKX):
TRB: +54.47%
CETUS: +27.4%
WCT: +26.33%
AIXBT: +18.44%
MAJOR: +18%
SNT: +17.24%
ANIME: +14.08%
PHA: +13.65%
KAITO: +12.34%
ETHFI: +11.99%
2. Top 5 popular memes on the chain (data source: GMGN ):
B 2
KOGE
B
PORT 3
FHE
3. 24-hour hot search currencies
WCT: WCT is the official token of WalletConnect, which aims to connect wallets, applications, and users to promote user experience innovation. WCT hit an all-time high on May 27, with the price reaching $0.97, which may be related to the recent expansion of WalletConnect to the Solana network and airdrops to active Solana users.
TRB: TRB is the official token of Tellor, a decentralized oracle on Ethereum focused on bringing price data on-chain for use by DeFi protocols. TRB surged on May 27, up more than 54%.
Headlines
Circle has applied to list on the New York Stock Exchange under the ticker symbol CRCL
Stablecoin giant Circle has submitted an IPO application to the New York Stock Exchange with the stock code CRCL. The company will issue 24 million Class A shares, of which 9.6 million shares will be issued by the company and 14.4 million shares will be sold by existing shareholders. The expected pricing range is US$24 to US$26 per share. Circle is the issuer of USDC, and this listing marks its further move towards the traditional financial market. (CoinDesk)
Market News: Trump Media and Technology Group announces plans for a $2.5 billion Bitcoin vault
Trump Media Technology Group announced that it has reached a subscription agreement with approximately 50 institutional investors to conduct a private placement totaling approximately US$2.5 billion.
The offering consists of approximately $1.5 billion of common stock and $1 billion of 0.00% convertible senior secured notes, with proceeds intended to be used to create a Bitcoin vault.
The company will use Crypto.com and Anchorage Digital to hold its Bitcoin funds, and expects the offering to be completed on or about May 29, 2025.
Industry News
Nasdaq submits 19 b-4 application to SEC for 21 Shares SUI ETF
According to official documents, Nasdaq has submitted a 19 b-4 application for the 21 Shares SUI ETF to the U.S. Securities and Exchange Commission (SEC).
Thailand plans to allow tourists to spend cryptocurrencies
Thailand is preparing to allow tourists to spend cryptocurrencies through a credit card-linked platform, Deputy Prime Minister and Finance Minister Pichai Chunhavajira announced at an investment seminar in Bangkok. The plan is currently under review by the Ministry of Finance and the Bank of Thailand. Under the plan, tourists can link their cryptocurrency holdings to credit cards for local consumption, and merchants will receive Thai baht as usual and will generally not know that the transaction involves cryptocurrency. In addition, Thailand also plans to unify the legal framework of traditional capital markets and the digital asset sector, and will launch a blockchain-based G-Tokens program that allows retail investors to purchase fractional units of government bonds.
Project News
According to GlobenewsWire, SharpLink Gaming, Inc. (NASDAQ: SBET), a US-listed company, announced today that it has signed a securities purchase agreement for a $425 million private placement investment, and plans to issue approximately 69.1 million shares of common stock (or equivalent securities) at a price of $6.15 per share (US$6.72 per share for members of the companys management team). Consensys Software Inc. led the investment as the main investor, and the participating parties include well-known crypto venture capital institutions such as ParaFi Capital, Electric Capital, Pantera Capital, and Galaxy Digital. The transaction is expected to be completed on May 29.
SharpLink plans to use the raised funds to purchase Ethereum as the companys main treasury reserve asset. After the transaction is completed, Ethereum co-founder and Consensys founder and CEO Joseph Lubin will serve as chairman of the board of directors of SharpLink and will serve as a strategic advisor to assist the company in developing its core business.
According to Farcaster founder Dan Romero, Farcaster has launched Farcaster Pro subscription feature, which costs $120 per year. Users need to pay through the built-in wallet of the APP or 12,000 warps to subscribe. The first 10,000 subscribers will receive a limited edition NFT, and a purple badge will be added to their personal ID after subscription. All subscription fees will be distributed to developers and creators every week. In addition, Dan emphasized that this feature is optional and there is no promised benefit.
MetaMask now natively supports the Solana network, unifying the multi-chain wallet experience
According to the official announcement, the latest version of the MetaMask browser plug-in has officially integrated the Solana network. Users can manage Ethereum and Solana accounts in parallel in one interface, send, receive, exchange, bridge and purchase Solana tokens, and securely access Solana ecosystem dapps. Officials said that mobile support will also be launched in a few weeks. This integration marks an important step for MetaMask to expand to non-EVM chains, aiming to create a one-stop multi-chain wallet and eliminate the cumbersome experience of switching between multiple wallets.
ZKsync Launches ZKsync Prividium, an Enterprise-Grade Privacy Chain Infrastructure
According to official news, ZKsync announced the launch of ZKsync Prividium, an enterprise-level privacy chain infrastructure, which supports built-in compliance and seamless connection with Ethereum, supports institutions to deploy private chains while meeting regulatory standards, and can perform trustless settlement on Ethereum. It is reported that the first production deployment of Prividium is Memento ZK Chain, a compliance-focused privacy chain built based on ZKsyncs cooperation with Deutsche Bank, which aims to put fund services completely on the chain.
Circles latest IPO filing shows it acquired Hashnote for nearly $100 million
According to the latest IPO documents submitted by Circle to the U.S. Securities and Exchange Commission (SEC), the company completed its full acquisition of tokenization startup Hashnote in January 2025. The total transaction amount was approximately US$99.8 million, including US$9.9 million in cash and approximately 2.9 million shares of Circle common stock (fully vested).
Suis on-chain protocol Cetus Protocol released the latest progress on X, saying that it is ready to fully cover the stolen assets that were previously stolen from the chain in the hacker attack through its own funds and token vaults, combined with key loans from the Sui Foundation. If the communitys upcoming vote is passed, affected users are expected to achieve 100% full recovery.
Character*Voice
Michael Saylor, executive chairman of Strategy, said during the Bitcoin 2025 Las Vegas conference that it is not a good idea for institutions to issue proof-of-reserves on the chain, but it may weaken the security of assets.
He pointed out: The currently commonly used proof of reserves method is insecure and will dilute the security of issuers, custodians, exchanges and even investors. Saylor emphasized that public wallet addresses may bring long-term tracking risks and have no practical benefits for institutions.
Asked whether Strategy would publish proof of reserves, Saylor declined to answer directly, responding only that “it’s a bad idea,” adding that “reserves alone are meaningless without the accompanying disclosure of liabilities audited by the Big Four.”
Several personally identifiable information of Solana co-founder and Solana Labs President Raj Gokal was posted on the official Instagram page of American rap group Migos on the evening of May 27, presumably due to a hack of the account.
The account has more than 13 million followers. The attacker posted 7 pictures on the platform in succession, including selfies of Gokal with his passport and drivers license. Some of the pictures also included photos of what appear to be his wifes ID cards. In addition, there were screenshots containing private information such as phone numbers. The hacker encouraged users to harass Gokal and left a message saying You should have paid the 40 BTC, which seemed to imply that the incident involved attempted blackmail.
Devin Nunes, CEO of Trump Media Technology Group (DJT), announced that the company will make cryptocurrency a key component of its assets and regard it as the highest tool for financial freedom. He said that the companys first acquisition of a crown asset - Bitcoin, is intended to resist harassment and discrimination that may be caused by financial institutions, while creating synergies for subscription payments, utility tokens and other planned transactions for the Truth Social and Truth+ platforms. Nunes emphasized that this is an important step for the company to develop into a holding company and acquire more profitable crown assets that are in line with the principle of America First.
