Insider hints at X Payments launch, potential impact on banks. Dogecoin community anticipates inclusion. Elon Musk supports DOGE integration but cautious due to regulatory concerns. Ripple's legal battle highlights regulatory scrutiny in crypto industry.

U.S. stocks opened, and the three major stock indexes opened close to flat. GameStop opened down 15%, and AMC Cinemas fell 8%. (Jinshi)

According to Foresight News, RunesTerminal has announced that it is integrating the Runes protocol on the Sei Network. Further details about the integration process or its potential impact were not provided in the announcement.

Financial brokerage firms have upgraded the stock rating of bitcoin mining company Hut 8 from hold to buy, with a target price of $12 unchanged. It is reported that Hut 8 has more than 9,100 bitcoins, which provides a lot of funds for its future projects, including exploring bitcoin mining, high-performance computing and artificial intelligence. (Coindesk)

Venture capital, KOL, "beating" VC The encryption field has become a guide to wealth for KOL Golden Finance, KOL, for the encryption field, is undoubtedly a very special existence.

From a state pension fund to an insurance company, hedge funds and other professionals, billions have been invested in bitcoin in the first quarter. source: https://www.trustnodes.com/2024/05/16/institutional-investors-are-piling-up-on-bitcoin

According to CoinDesk, Fordefi, a decentralized finance (DeFi) focused wallet firm, has secured a cyber threat and crime insurance policy from Munich Re, a German insurance carrier. The policy, whose dollar amount remains undisclosed, was facilitated by the Emerging Asset Protection team at Lockton, a blockchain expert insurance broker. The policy covers Fordefi's wallet against cyberattacks, internal fraud, and collusion, but does not extend to protection at the smart contract level. Fordefi's wallet, which employs multi-party computation (MPC) for key sharing, allows customers to increase their coverage from Munich Re on an individual basis. The DeFi sector, known for its rapid evolution and decentralized, on-chain trading platforms, has been dubbed a 'playground for hackers,' posing a significant challenge for insurers specializing in digital assets. Fordefi CEO Josh Schwartz stated that the new product has prompted Munich Re to delve deeper into the DeFi sector, with more developments expected in the future. Schwartz, formerly the chief operating officer at Curv, an early crypto custody firm acquired by PayPal in 2021, noted that Munich Re is becoming involved with the most active DeFi players. The insurance policy covers external cyber threats and attacks that could compromise the platform, as well as internal fraud or collusion. Sarah Downey, the blockchain lead at Lockton's Emerging Asset Protection (LEAP), stated that the insurance industry is making progress in addressing smart contract risks. Chainproof has offered coverage to DeFi users for technical code failures, and the decentralized capital pool approach created by Nexus Mutual has gained popularity.

미국 증시 3대 지수가 혼조 출발했다. S&P500: +0.05% 나스닥: -0.02% 다우: +0.02%

Frank Chaparro, a former reporter for The Block, disclosed on the X platform that former Alameda CEO Sam Trabucco has submitted a character recommendation letter to a U.S. federal district court judge for former FTX executive Ryan Salame, who is scheduled to have a sentencing hearing on May 28. Earlier, former FTX executive Ryan Salame asked the court for leniency and sentenced him to 18 months in prison.

The miner’s bitcoin stash is a protective feature for investors and opportunistic capital for the business to use for growth, the report said. source: https://www.coindesk.com/markets/2024/05/16/miner-hut-8s-bitcoin-stack-gives-it-capital-to-pursue-upcoming-projects-upgrade-to-buy-craig-hallum/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The official website of Nanyang Technological University recently announced that the Office of Innovation and Entrepreneurship of Nanyang Technological University will cooperate with the Web3 education platform HackQuest to launch an open course "Ideating and Building in Web3". The course is sponsored by Solana Foundation, Morph, GaiaNet, Mask Network, Open Campus and Moonshot Commons. The course will be open to the public free of charge. Nanyang Technological University professors Dr. Ernie Teo and Dr. Li Yi, as well as Animoca Brands founder Yat Siu, Arbitrum co-founder Dr. Ed Felton, OKX CMO Haider, Ethereum Foundation Austin Griffith, Mask Network founder Suji Yan, Morph event leader Gloria, GaiaNet consultant Dr. Micheal Yuan, Solana Foundation Stablecoin lead Anna, Animoca Brands Head of Tokenomics Mo and Axelar founder Dr. Sergey Gorbunov and other industry experts will serve as lecturers. The open class will be held every Monday via Zoom starting May 27, and can also be watched on the HackQuest official website. In addition, HackQuest will co-host the Port63 Innovation challenge Web3 Track with Nanyang Technological University in the next semester. The challenge is also sponsored by organizations such as Solana Foundation, Morph, GaiaNet, Mask Network, Open Campus and Moonshot Commons.

On April 24, the ‘Women in Crypto for Boards‘ series in London brought together C-level and Board-level women from the digital asset industry to address the underrepresentation of women in Web3, showcasing both the challenges and the opportunities for advancing gender equality in this rapidly evolving field. The event’s founder, Tim Connolly, highlighted the importance […] source: https://cryptoslate.com/boosting-female-leadership-in-crypto-through-quotas-and-proactive-networking-discussed-in-london/

KuCoin halts Nigerian naira support amid regulatory pressure. Central Bank blames crypto for naira devaluation. Exchanges follow suit. Pending P2P ban raises concerns. Lack of clarity hampers crypto industry.

In today's technological world, the most imaginative thing besides encryption is AI.

Dogecoin (DOGE) breaks crucial resistance at $0.153, sparking optimism for a rally. Analyst Kevin Capital predicts upswing to $0.22 after successful breakout above key levels. Meme coin market sentiment improves, with DOGE showing upward momentum at $0.1549.

Over 600 firms disclose $5 billion investment in spot Bitcoin ETF by May 15. Top investors: Millennium Management ($1.9B) and Schonfeld Strategic Advisors ($479M). Continued interest signals confidence despite recent inflow decline.

Presidential candidate Trump’s stance on cryptocurrencies has shifted from being against Bitcoin to being in favor of cryptocurrencies.

In the FTX bankruptcy saga, a significant claim has been reassigned to a single creditor, streamlining proceedings but raising concerns for smaller creditors. Lack of transparency adds to apprehensions amidst FTX's turbulent downfall. Meanwhile, co-founder Sam Bankman-Fried maintains innocence amid prison sentence.

Artificial intelligence, io.net, AI trend is on the rise again. In-depth analysis of the computing power aggregation DePIN protocol io.net. Golden Finance, what is special about the highly anticipated AI project io.net.

Bithumb's listing of Bonk (BONK) triggers bullish trend in South Korea's crypto market. BONK, Solana's first dog-themed token, surges 9.57% post-announcement. Increased trading volume and market cap indicate growing investor interest. Open Interest up by 13.24%, signaling bullish sentiment.