PA Daily | Galaxy Digital has been officially launched on Nasdaq; Binance Alpha launches MIRAI and REX
Reprinted from panewslab
05/17/2025·23DToday's news tips:
1.SEC Chairman Paul Atkins attended the annual Financial Market Regulation Conference and delivered an opening speech
2. Galaxy Digital has been officially listed on Nasdaq with the stock code GLXY
3. French crypto entrepreneurs will receive additional security in recent kidnappings
4.Binance Alpha launches Project MIRAI (MIRAI) and REX (REX)
5.OpenAI launches a cloud-based software engineering agent Codex research preview version
6. Musk changed his profile picture and nickname to Kekius Maximus
7. Vitalik will remotely participate in ETH Beijing Hackathon and give a speech
8.Abraxas Capital has increased its holdings of ETH, withdrew more than US$650 million in the past ten days
Regulatory/Macro
Buffett clears crypto-friendly bank Nubank, making $250 million
Warren Buffett's Berkshire Hathaway has completely withdrawn from holdings in Nu Holdings, a parent company of Latin American crypto-friendly bank Nubank, with a cumulative profit of US$250 million. Although Nubank hit profit highs in both 2024 and 2025, Buffett's move further reflects his overall strategy of withdrawing from the financial sector. In the same quarter, Berkshire also sold Citi's holdings and significantly reduced its holdings in Bank of America, with cash reserves rising to $347.8 billion. Nubank supports crypto transactions such as BTC, ETH, XRP, etc., and has allocated 1% of its assets to Bitcoin.
According to the Securities and Exchange Commission (SEC) announcement, Chairman Paul Atkins delivered an opening speech at 8:45 am today (East Time). The conference agenda covers four major themes: company finance, market microstructure, intermediary institutions and asset management, and is co-chaired by SEC and scholars from many universities. The official website of the event provides a full live broadcast, focusing on the transparency of the financial market, information disclosure reform and regulatory innovation.
Galaxy Digital intends to tokenize stocks, and has been discussed with SEC
According to Bloomberg, Galaxy Digital Holdings Ltd. is in talks with the U.S. Securities and Exchange Commission (SEC) to tokenize its stocks and other securities. The company plans to use its digital asset platform to convert its own stocks into tokens that can be used for decentralized finance (DeFi) applications, and hopes to expand the technology to other stocks, fixed income products and exchange-traded funds (ETFs) in the future. Galaxy met with the SEC's cryptocurrency task force in March to discuss the possibility of registering its stock on the blockchain. The company currently manages approximately $7 billion in assets and is officially listed on the Nasdaq today.
According to Cryptoslate, a federal judge in Argentina ordered the freeze of assets of key figures in the LIBRA memecoin project, and investigators are investigating potential frauds related to the promotion of the digital token, including reviewing financial operations related to President Javier Milei and his sister Karina Milei. The judge also authorized the unsecurity of banking for Milei and his sister, allowing investigators to view their financial transaction history to find out if there are signs of ill-fact connections between them and supporters of the project.
Galaxy Digital has been officially listed on Nasdaq with the stock code GLXY
Galaxy Digital announced that it has officially listed on Nasdaq under the stock code GLXY.
Previously , crypto asset management company Galaxy Digital has completed the restructuring process of relocating from Cayman to the United States and plans to be listed on Nasdaq on May 16 under the code "GLXY".
French crypto entrepreneurs to get extra security in recent kidnapping
According to Politico, crypto entrepreneurs and their families will receive enhanced security measures in light of the recent increase in cryptocurrency-related kidnappings in France. The French Ministry of Interior said these measures include prioritizing call to the police emergency hotline, home visits and law enforcement to provide security briefings to provide best practice recommendations. Law enforcement officers will also receive “anti-crypto assets money laundering training.” "In response to repeated kidnaps of cryptocurrency industry professionals, we will use real-time and short-term specific measures to protect the industry," Home Minister Bruno Retailleau said in a statement.
Since the beginning of this year, there have been at least three incidents of kidnappings of cryptocurrency industry leaders or their families in France. Previous news , France will hold a security conference in the crypto industry to deal with the successive kidnapping incidents. The decision follows an attempted kidnapping incident in Paris on May 13. The daughter of a French crypto entrepreneur and his grandson were attacked by four masked gangsters on the street, but fortunately he was slightly injured and escaped . It is reported that the woman is the daughter of the co-founder and CEO of French crypto trading platform Paymium. In recent years, there have been many cases of kidnapping related to crypto wealth in France, including Ledger co-founder David Balland being kidnapped and tortured in January this year.
Viewpoint
U.S. Senator: Senate may pass the GENIUS Act next week
Republican Senator Bill Hagerty said the Senate may pass the GENIUS bill next week. The bill will establish the first regulatory framework for the payment of stablecoins to promote growth. The bill will consolidate the dominance of the dollar, protect consumer rights, increase demand for U.S. Treasury bonds, and ensure innovation in the digital asset space is in the hands of the United States.
Analysts: Cyber Attacks and SEC Investigations Will Not Have Substantial Impact on Coinbase
Coinbase disclosed a major cybersecurity breach on Thursday and confirmed the SEC is investigating its past user metrics, said Palmer, senior equity research analyst at Benchmark in a research note. This is in stark contrast to the news that the company will join the S&P 500 earlier this week. Parr defaulted that the cyber attack was more of a one-off incident, and the SEC investigation was “less than noise and unlikely to have any substantial impact on any driver of the bullish argument of the company’s stock.”
CryptoQuant: Ethereum may have bottomed out, and the copycat season may start
CryptoQuant tweeted that Ethereum may have bottomed out compared to Bitcoin. The ETH/BTC ratio soared 38% from its five-year low. Demand is rising, selling pressure is declining, and ETFs are increasing. This may herald the beginning of the copycat season.
Project News
Binance Alpha launches Project MIRAI (MIRAI)
The APP page shows that Binance Alpha has launched Project MIRAI (MIRAI).
Binance Alpha is now available for REX (REX)
The APP page shows that Binance Alpha has been launched on REX (REX).
Modular blockchain Sophon will be launched in May SOPH main token
Sophon, a modular blockchain based on ZKsync, announced that SOPH will be officially launched as the main functional token of Sophon Network in May, and details of token economic model, community allocation and other aspects will be announced later. Official reminds users to pay attention to verification links and stay vigilant to prevent phishing risks.
OpenAI launches cloud-based software engineering agent Codex research preview version
The OpenAI team announced the launch of a cloud-based software engineering agent Codex research preview version powered by codex-1 in a live broadcast. ChatGPT Pro, Team and Enterprise users are now online, and Plus users are about to go online. Users can access Codex through the sidebar, assign encoding tasks to it, and check execution through references, terminal logs and test results. Codex will be available for free in the coming weeks, and will introduce speed limit access and flexible pricing solutions in the future.
Musk changed his profile picture and nickname to Kekius Maximus
Musk replaced the X nickname and avatar with the theme of "Kekius Maximus". Market information shows that Kekius Maximus (KEKIUS) rose 105.9% in 24 hours. Musk changed his profile picture and nickname Kekius Maximus in December last year, and the related concept coins soared.
In the Coinbase data breach, Sequoia Capital partner Roelof Botha's personal information was stolen
According to a person familiar with the matter, Roelof Botha, a managing partner of Sequoia Capital, was stolen, including phone number, address and other details related to his Coinbase account in the Coinbase data breach, according to a person familiar with the matter. Coinbase disclosed on Thursday that the attacker bribed Indian customer service representatives to obtain customer data, and the leaked information included detailed information such as name, date of birth, address, nationality, ID number, part of bank data, and account creation time and balance.
In addition, major cryptocurrency exchanges such as Binance and Kraken have also been subject to similar social engineering attacks, but their internal policies and technologies have resisted these attacks and have not lost customer data, according to people familiar with the matter. Binance found that scammers offered bribes to its customer service staff and provided a Telegram account to contact criminals, one of the people familiar with the matter said. Binance uses artificial intelligence robots to identify potential bribery behaviors in different languages and prevent conversations.
Related Readings: Coinbase user data was stolen and ransomware of $20 million, sociological attacks have become the norm
Vitalik will remotely participate in ETH Beijing Hackathon and give a speech
Ethereum founder Vitalik will remotely participate in the ETH Beijing Hacking Matsu and give a speech. The topic of the speech is "Beam Chain", which will be 2 pm on May 17 (Beijing time).
According to the official announcement, eligible Binance users who have at least 196 Binance Alpha points can claim airdrops of 3935 REX tokens on the Alpha event page starting on May 17 at 15:00 (UTC+8). Applying for a REX airdrop will consume 15 Binance Alpha points. Users need to complete the application within 24 hours after the application is opened (i.e. before 15:00 in East Eighth District on May 18), otherwise they will be deemed to have given up the airdrop.
Important data
Ethereum spot ETF net inflows of US$22.117 million yesterday, and no net outflows of nine ETFs
Bitcoin spot ETF net inflows of US$260 million yesterday, lasting 3 days of net inflows
According to Lookonchain, since May 7, Abraxas Capital has withdrawn a total of 278,639 ETH from the exchange, worth approximately $655 million, with an average purchase price of $2,350, and currently unrealized returns reaching $77 million.
Grayscale address transfers nearly 400 BTC and 6562 ETH to Coinbase
On-chain data shows that the Grayscale Bitcoin Trust address transferred a total of 378.63 BTC to Coinbase Prime at 21:07 today (Beijing time), which is equivalent to about US$39.24 million at the current price, involving two transaction addresses. Grayscale address also transferred a total of 6,562 ETH to Coinbase at 21:27, with a current market value of approximately US$17.1 million. Among them are 1,495 ETH (about US$3.9 million) and 5,067 ETH (about US$13.2 million) respectively. In addition, at 21:24, the grayscale address also transferred 13,070 ETH (worth about US$34.05 million) to the two unknown addresses.
According to the on-chain analyst Ember Monitor, in the past 20 hours, another 6.7 million LDOs ($6.61 million) have entered Binance, OKX, Bybit, and Gate. The agency or team has transferred 17.81 million LDOs (US$18.14 million) to CEX in the last 4 days. The LDO price also pulled back from $1.16 to the current $0.93 during this period, down 20%.
Yesterday , in the past three days, 2 addresses including one of the Lido team's home address have transferred 11.11 million LDOs (US$11.53 million) into Binance, OKX, Bybit, and Gate.
According to the monitoring of on-chain analyst @ai_9684xtpa, "the giant whale that borrows coins to go long 8613 ETH" cleared 10543 ETH (US$26.08 million) in the past hour, because the average long price was US$2,608.36, and the total loss of US$1.42 million in this round.
According to news today, "The giant whale that borrowed coins to go long by 8,613 ETH" borrowed another USDT and bought 1930 ETH during the market decline 10 hours ago.
Tether has issued a total of USDTs of 75.7 billion on Tron, surpassing Ethereum
According to Lookonchain monitoring, in 2025, Tether cast USDT 16 billion on Tron. Tether has issued a total of 75.7 billion USDT on Tron, surpassing Ethereum.
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