Meta votes to reject Bitcoin in reserves Ethereum Eco-tokens to rise

Bitcoin

Meta shareholders have voted to reject proposals to include Bitcoin in reserves

At the annual shareholder meeting on May 30, MetaPlatforms shareholders rejected a proposal to add Bitcoin (BTC) to its $72 billion cash reserve, the vote ended with 4.98 billion shares against and 3.92 million shares in favor.

Bitcoin mining difficulty increased by 4.38% to 126.98 T, setting a record high

According to BTC.com data, Bitcoin mining difficulty is at 899,136 block height (08:01:30 Beijing time today), with mining difficulty being adjusted, with mining difficulty being increased by 4.38% to 126.98 T, a record high; the current average computing power of the entire network in the past seven days is 921.04 EH/s.

Trump Media Group completed $2.44 billion in financing, becoming a major Bitcoin holder for listed companies

Trump Media Group announced today that it has completed its previously announced private placement with about 50 institutional investors. The issuance includes: ① The sale of 55,857,181 shares of the company's common stock at a price of US$25.72 per share, raising approximately US$1.44 billion in gross funds; ② The issuance of convertible senior guarantee notes with a principal amount of US$1 billion and due in 2028, with a conversion price of US$34.72 per share. The two projects raised a total of approximately US$2.44 billion. Trump Media will use approximately $2.32 billion in net funds to build Bitcoin reserves and use them for other general corporate purposes and working capital. As one of the largest Bitcoin reserve transactions among listed companies, the net funds and corporate strategy of this issuance will make Trump Media Group one of the most Bitcoin-holding companies among listed companies in the United States. After this issuance, Bitcoin will be included in the balance sheet of Trump Media Group, which is paralleled with cash, cash equivalents and short-term investments totaling $759 million as of the end of the first quarter of 2025.

US Vice President Vance: Bitcoin is safe and not susceptible to fraud

US Vice President JD Vance publicly expressed his support for Bitcoin, saying it is "safe and not susceptible to fraud and is a reliable means of digital value storage." Vance stressed that although there are risks in cryptocurrencies, the public should be allowed to make independent decisions, oppose excessive government intervention, and advocate that the market naturally eliminate inferior projects and verify high-quality projects through an appropriate regulatory framework.

Michael Saylor elaborates on “21 Ways to Get Rich” at Bitcoin 2025 Conference

Strategy founder Michael Saylor gave a keynote speech at the Bitcoin 2025 conference in Las Vegas on Thursday, praising Bitcoin poetically and elaborating to audiences and attendees on what he calls “21 ways to get rich”. Michael Saylor said, "Samoto ignites a fire in cyberspace. Those timid people will escape it, the foolish people will dance around it, while those loyal people will add fire, embrace their dreams for a better world, and bathe in the warmth of the Internet. Many people will be afraid of seeing Bitcoin. They will never touch it, and will never benefit from it, and will eventually be left behind by the times. But those who truly understand it will add fire. Buying Bitcoin is adding fire." Michael Saylor said, "Take out your fiat currency and exchange it for Bitcoin. Take out your long-term capital and exchange it for Bitcoin. Sell your bonds and exchange it for Bitcoin. Sell your inferior stocks, sell your inferior real estate, buy Bitcoin." This is the third way to get rich: courage. In addition to courage, Michael Saylor also advises viewers to be confident in the potential of Bitcoin.

Ethereum

Ethereum ecological tokens generally rise, UNI, EIGEN and others lead the rise

According to market information, Ethereum rose strongly today, Ethereum ecological tokens rose generally, and UNI, EIGEN and others led the rise. Among them: UNI rose 19.3% in a single day and is now at US$7.51; EIGEN rose 16.9% in a single day and is now at US$1.79; LDO rose 11.7% in a single day and is now at US$1.01; ETHFI rose 10.1% in a single day and is now at US$1.52; ARB rose 9.7% in a single day and is now at US$0.4387.

212th Ethereum ACDE Conference: Fusaka Devnet-0 will be launched on May 26th

According to Tim Beiko's summary of the 212th Ethereum Execution Layer Core Developers Conference (ACDE), this conference mainly discusses: Fusaka Devnet-0 will be launched on May 26, Fusaka EIP category discussion (EIP-7825 limits transaction gas to 30 M; EIP-7918 anchors the Blob rate to Base Fee to alleviate cost fluctuations; these two are determined to be included in Devnet-1. Other candidate EIPs are expected to Devnet-2), testnet strategy (fork Sepolia first, retain Hoodi supply tests; encourages community long-term maintenance test network), future planning (CL Call next week decides EIP-7917; ACDE finalizes Devnet-2 in two weeks and start Glamsterdam discussions) etc.

REX Shares submits prospectus for pledged ETFs by Solana and Ethereum, which is expected to be listed in the United States within weeks

Bloomberg analyst James Seyffart said on the X platform that REX Shares has submitted prospectuses for Solana and Ethereum pledged ETFs and is expected to be listed in the U.S. market in the coming weeks. These funds are products under the 1940 Act and adopt a C-company structure rather than a traditional 19b-4 process. "This may be a way to get some approval from the SEC." Seyffart noted that the ETF will gain spot exposure between SOL and ETH through its Cayman subsidiary, saying that "this is a series of clever legal and regulatory evasion strategies to get these products to market." "Even if more efficient structures emerge in the future, this may be the first way to go online," Seyffart also said.

Founder of Consensys: Ethereum is the infrastructure for the reconstruction of modern financial systems

Joseph Lubin, founder of Consensys and co-founder of Ethereum, published an op-ed article in the Financial Times, pointing out that the current financial system is facing structural pressures such as trust crisis, high inflation and accumulation of debt. He believes that blockchain networks such as Ethereum are similar to the role of Internet protocol HTTP in the 1990s, and can provide new and decentralized and programmable infrastructure for global financial systems. Lubin emphasized that this is not a replacement for traditional banks and fiat currencies, but an open financial structure that coexists with the existing system and interoperates with the existing system. It has been adopted by institutions such as BlackRock and JPMorgan Chase.

The Ethereum Foundation has pledged 50,000 RAILs to Railgun and borrowed 2 million GHOs

According to PeckShield monitoring, the Ethereum Foundation has pledged 50,000 RAIL worth about 50,000 US dollars to Railgun, and loaned a 2 million GHO through the 10,000 WETH provided on Aave in February as collateral.

Vitalik Buterin: Ethereum needs to be resilient and privacy

Vitalik Buterin posted on X platform: "Nordic countries are abandoning cashless social initiatives because they are too fragile to the centralized implementation of this concept. Cash is proven necessary as a backup. Ethereum needs to be resilient and privacy to play this role reliably."

Other projects

Binance: Binance Alpha Earn Hub is now available

Binance Wallet posted on the X platform that Binance Alpha Earn Hub is now online and can unlock more rewards for Binance Alpha tokens by providing liquidity on PancakeSwap V3.

Futu subsidiary Moomoo will launch Moomoo Crypto for US users

Moomoo, a subsidiary of FUTU Holdings (FUTU), announced that it will enter the cryptocurrency trading field with the launch of Moomoo Crypto, a comprehensive digital asset investment service for US users, and the new US Crypto plans to launch more than 30 cryptocurrencies.

Dubai Land Authority launches real estate tokenization platform based on XRP Ledger, expected to reach US$16 billion in 2033

Dubai Land Authority (DLD) partnered with real estate fintech company Prypco and infrastructure provider Ctrl Alt to launch its first real estate tokenization platform Prypco Mint. The platform tokenize property ownership contracts and synchronizes official real estate records, deploying it on the XRP Ledger blockchain. The move is part of a government-backed project, which is expected to tokenize 7% of the Dubai property market, or $16 billion, by 2033. The platform currently only supports UAE Dirham transactions and is only available for UAE ID card holders. It will expand global access rights in the future. Zand Digital Bank serves as its banking partner, and supervision is handled by the UAE Central Bank, the Dubai Virtual Assets Regulatory Authority (VARA) and the Dubai Future Foundation’s real estate sandbox.

Kazakhstan will launch pilot zone for cryptocurrency payment and application

Kazakhstan President Tokayev said Kazakhstan plans to launch a crypto pilot zone called "CryptoCity" that allows the purchase of goods and services using cryptocurrencies. The relevant statement was posted on the president's official website on May 29. Tokayev said at the 2025 Astana International Forum that the pilot zone will explore the adoption of cryptocurrencies in a regulated sandbox environment. “We plan to create a pioneering pilot zone called CryptoCity where you can use cryptocurrency to buy goods, services and even achieve a wider range of uses,” he said.

Cetus releases community update: Aggregator service has been restored and is simulating different fund recovery plans

Cetus, which was stolen by hackers, released a community update, with the main disclosures including: 1. The affected funds are composed of two parts: one is within the Sui, and the other part is mainly bridged outside the ecosystem in the form of ETH. 2. The data recovery work of the Cetus protocol is underway and is expected to take dozens of hours. 3. The aggregator service has been restored and launched, supporting redemption through partners such as Phantom and Binance Alpha. It has been confirmed that the Cetus CLMM pool that was not affected in this event will begin to resume operation after the accurate position data is fully restored. 4. Active discussions are being made with the Sui Foundation and other community members to finalize the key details of the recovery. 5. We are advancing two directions at the same time: (1) Solve the problem as soon as possible through white hat negotiations; (2) Actively collect clues and evidence to recover funds through legal channels. 6. Different recovery plans are being simulated and technically feasible fund recovery and compensation plans are designed. 7. Proposed a protocol upgrade through PoS voting to unlock and return most of the stolen funds currently frozen in the attacker's Sui wallet.