Patrick Witt, the Trump digital asset advisor, stated that the Trump administration has cleared major legal hurdles, and an announcement regarding the Bitcoin strategic reserve is expected within the coming weeks.

The U.S. government has put everything in place, legally solidifying and properly securing these Bitcoins. The U.S. government believes it should become part of the financial architecture, which is the strongest institutional endorsement. There is now a real opportunity to lead. Many would say that banks actually may need this legislation more than the crypto industry does, and this will be the new architecture of the future financial system. If the U.S. does not make the rules, it will only be following someone else's rulebook.

Odaily: Due to Samsung Pay's failure to reach an agreement with the union in negotiations, the Korea Composite Stock Price Index (KOSPI) fell 2.1%.

Odaily reported on May 19 that, according to ABC News, the US Department of Justice has signed an agreement stating it will "permanently prohibit" the IRS from reviewing the past tax returns filed by US President Trump, his family, and his companies. The DOJ has also agreed to establish a fund of nearly $1.8 billion to compensate Trump's allies who were "subjected to unjust prosecution." (Guancha.cn)

Odaily Planet Daily News: The whale "Set 10 Big Goals First" has closed its Bitcoin short position, making a profit of $12.61 million.

Odaily: According to Yonhap News Agency, Samsung Electronics' Korean union has announced it will go on strike on Thursday. (Jin Shi)

Odaily reports that OpenAI has partnered with Singapore's Ministry of Digital Development and Information to launch the "OpenAI for Singapore" project, committing over 300 million Singapore dollars.

Odaily reports that Startale App serves as the one-stop entry point and Mini App center for the Soneium ecosystem event. The Mini Apps Carnival brings together 17 Soneium ecosystem mini-programs, where users can simultaneously earn STAR Points and project-specific rewards upon completing tasks, accelerating exploration of on-chain gaming and application ecosystems.

This event also collaborates with SuperVerse to introduce additional $SUPER incentives, further driving user growth, ecosystem interaction, and the adoption of Soneium applications.

Odaily Odaily News According to SoSoValue data, the crypto market is experiencing a broad-based decline. The RWA sector, which performed strongly yesterday, led the losses over the past 24 hours with a 3.13% drop. Within the sector, Centrifuge (CFG) fell 8.40%, while Ondo Finance (ONDO) and Pendle (PENDLE) declined 3.02% and 6.08%, respectively. The GameFi sector dropped 2.59%, where WEMIX bucked the trend with a 2.01% increase.

In other sectors, the Meme sector fell 0.73% over 24 hours. However, Banana For Scale (BANANA) surged 17.23%, and Siren (SIREN) rose 8.27%. The Layer1 sector declined 0.87%, with Algorand (ALGO) gaining 7.52%. The CeFi sector fell 1.03%, though NEXO (NEXO) held relatively steady, climbing 1.61% during the session. The DeFi sector dropped 1.49%, but Morpho Token (MORPHO) increased by 3.34%. The Layer2 sector fell 1.80%, with Arbitrum (ARB) down 2.74%. The PayFi sector decreased by 2.41%, yet Telcoin (TEL) rose 4.66%.

Reflecting the historical performance of these sectors, the crypto sector indices show that ssiNFT edged up 0.36%, while the ssiAI and ssiRWA indices fell by 8.73% and 7.71%, respectively.

Odaily reported that, according to an official announcement, Bitget stock contracts have now listed 10 underlying assets including QCOM (Qualcomm), SMCI (Super Micro Computer), CSCO (Cisco), and NOK (Nokia), covering multiple popular sectors such as AI infrastructure, satellite communications, and photonic interconnect. The aforementioned contracts support leverage of up to 20x. For more details, please refer to the Bitget official platform.

According to on-chain analyst Ai Yi’s monitoring, a16z (@a16zcrypto) has accumulated a position of 9.18 million HYPE tokens, with a total value of $356 million, at an average withdrawal price of $38.77, resulting in an unrealized profit of $79.29 million on this single token.

It has accumulated 206,000 HYPE tokens over the past 11 hours, 2.35 million HYPE tokens since April 16, and 4.92 million HYPE tokens since 2026.

After subtracting the portion transferred to exchanges and market makers, a16z still holds 8.844 million HYPE tokens distributed across dozens of addresses, ranking sixth in total holdings.

Odaily, In a statement on May 19 local time, the U.S. Central Command said that U.S. forces are continuing to fully enforce a maritime blockade against Iran, preventing commercial trade from entering or leaving Iranian ports. The U.S. Central Command stated that 89 commercial vessels have been rerouted so far to ensure compliance with U.S. blockade measures. (CCTV News)

Odaily Planet Daily News Yorkville America, the asset management company behind Trump-affiliated Truth Social, has announced the withdrawal of three previously submitted crypto ETF applications to the SEC. These applications involved the Truth Social Bitcoin ETF, a Bitcoin and Ethereum ETF, and a crypto blue-chip ETF.

The company stated that it will shift from the framework of the Securities Act of 1933 to the Investment Company Act of 1940, aiming to offer more innovative products with stronger investor protections and tax advantages. However, it did not explicitly state whether it would continue to pursue crypto ETFs under the new framework. (cointelegraph)

Odaily Planet Daily reported that according to market data, the Hong Kong stock semiconductor sector continues to strengthen. GigaDevice Semiconductor (03986.HK) rose over 9%, Semiconductor Manufacturing International Corporation (00981.HK) rose over 5%, while Hua Hong Semiconductor (01347.HK) and Innoscience (02577.HK) also followed the uptrend.

1. The Beacon: Season 1 will launch on May 25, with rewards exceeding 7.7 million BCN;

2. Lighter completes L2 "Escape Mechanism" verification, allowing users to withdraw funds to the mainnet even when the sequencer fails;

3. CFTC is reviewing a surge in crude oil futures trading that occurred before Trump postponed strikes against Iran in March;

4. Multiple user wallets on Bankr have been compromised, involving interactions between Grok and Bankrbot that led to unauthorized transaction signatures;

5. Loracle.hl has started building a long position on LIT;

6. Solana founder: It's difficult for the foundation to "force" ecosystem development; you need a product first before you can promote it;

7. HSBC CEO: AI is expected to replace some jobs, and employees need to embrace the AI transformation;

8. A whale spent $1 million to buy 11,206 AAVE and deposited it into Aave V3;

9. A whale has opened a short position worth $23.07 million on XYZ100;

10. Grafana: Suffered a supply chain attack, but the security incident did not affect customer production systems and operations.

Odaily reported that CZ posted on the X platform, stating that if there are API keys in your code, even if it's a private repository, now is the time to re-check and replace them.

GitHub is currently investigating unauthorized access to its internal repositories. Although there is currently no evidence of an impact on customer information stored outside of GitHub’s internal repositories (such as customer enterprises, organizations, and repositories), it is closely monitoring subsequent activity related to the infrastructure.

Odaily reported that The Beacon announced on platform X that its first season, "Goblin's Gambit," will launch at 16:00 UTC on May 25, with total rewards exceeding 7.7 million BCN tokens. Users can earn BCN token rewards by participating in the game.