The hacker bribed overseas customer service staff and stole some personal information of less than 1% of active users, but did not involve passwords, private keys or funds. Coinbase refused to pay the $20 million ransom and instead set up a $20 million reward fund to track down the attacker.

From 08:00 on May 16, 2025 to 07:59 on July 17, 2025 (Beijing time), users who hold or stake BNSOL and related DeFi assets can receive additional LAYER APR Boost airdrops, with a total of 1.6 million LAYER issued daily.

The 17th exclusive TGE will be held from 15:00 to 17:00 on May 16, 2025 (GMT+8), and the Alaya AI (AGT) token will be listed on the PancakeSwap platform. Users need to use Alpha Points to participate. In addition, the official will launch an event for an additional 200 million AGT tokens.

Franklin OnChain USD Short-Term Money Market Fund is Singapore’s first tokenized fund for retail investors. It is backed by Franklin Templeton Investments’ Variable Capital Company (VCC) structure.

Arthur Hayes said in a new post that he has re-added to crypto at market lows and believes that now is a good time to pick quality altcoins that can outperform Bitcoin in a bull market. He is particularly bullish on two projects: $PENDLE and $ETHFI. The return of foreign capital and the massive depreciation of US debt will be the two major catalysts that will drive Bitcoin to $1 million by 2028. He mentioned that the 2028 US presidential election may bring policy uncertainty, but now is a critical period for Bitcoin to benefit. Although he believes that Bitcoin will rise to $1 million, there are still opportunities for short-term tactical shorting. He pointed out that capital controls and money printing are coming, but the road ahead is full of uncertainty. Trump's team is not consistent on capital controls, so there may be different policy directions.

Former Coinbase employee and founding member of Base Chain created B3: a third-layer infrastructure optimized for gaming.

The Singapore High Court ruled on May 9 to approve Sonic Labs' application to liquidate the Multichain Foundation. KPMG was appointed as the liquidator to handle the liquidation of the foundation's assets. The ruling stems from the July 2023 hacking incident that caused the loss of assets on multiple chains, including Fantom and Ethereum, totaling more than $210 million.

Mastercard has reached a cooperation with the crypto payment company MoonPay to launch a stablecoin payment card service for 150 million merchants worldwide. The service is based on the technical architecture of Iron, a stablecoin payment company acquired by MoonPay in March this year, and will be automatically converted into fiat currency during transactions. This is another layout of Mastercard in the field of crypto payments after its cooperation with OKX, Nuvei and Circle in April.

Binance HODLer Airdrop is now live on the 17th project – Nexpace (NXPC), a protocol formed to provide the economic foundation of the IP ecosystem and drive the next generation of reward experiences. From 00:00 on May 6, 2025 to 23:59 on May 9, 2025 (Eastern Time), users who use BNB to purchase guaranteed capital earning (regular and/or current) or on-chain earning products will receive airdrop allocations. HODLer airdrop information is expected to be online within 3 hours, and the new tokens will be distributed to users' spot wallets at least 1 hour before trading begins.