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Evening Must-Read 5 Articles | Reflecting on Ethereum's Potential as a "Digital Cash"
1. Who is Quintenz, the CFTC chairman nominee nominated by Trump? Which companies is he associated with?
In February of this year, former CFTC Commissioner Brian Quintenz officially became the CFTC nominee for chairman. According to a Bloomberg report on May 27, documents released by the U.S. Office of Government Ethics on May 25 revealed that Brian Quintenz disclosed key positions he holds in cryptocurrency and market companies that are directly related to the CFTC's regulatory focus, along with disclosing assets valued at least at $3.4 million. Click to read.
2. Worldcoin Graces the Cover of Time Magazine: Are You Human?
Sam Altman once again showcases the future to the world. The CEO of OpenAI stands on an unassuming stage in San Francisco, ready to reveal his next move to an attentive audience. "In the era of general artificial intelligence, we need some way to recognize and verify humanity," Altman explained, "We want to ensure that humans remain a unique and central presence." Click to read
3. Ethereum co-founder SharpLink, which has been losing money for years, sees overnight growth from 400 million to 2.5 billion.
On May 27, sports betting operator SharpLink Gaming (NASDAQ: SBET) announced that it has secured $425 million in private investment, with the funds raised to purchase Ethereum as the company's primary treasury reserve asset. Click to read.
4.GENIUS Bill: A Passport to the Future or a Ticking Time Bomb for Crisis?
On May 19, 2025, the U.S. Senate voted 66-32 to pass a procedural motion for the GENIUS stablecoin bill. On the surface, this is a technical piece of legislation aimed at regulating digital assets and protecting consumer rights, but a closer look at the political and economic logic behind it reveals that it could be the beginning of a more complex and far-reaching systemic change. Click here to read
5. Ethereum co-founder Vitalik Buterin: Reflecting on Ethereum's potential as "digital cash"
Despite the declining usage of cash in modern payment systems year by year, and its gradual elimination, it still holds significance as an important backup payment method, or its alternatives in special circumstances. Vitalik Buterin, co-founder of Ethereum, commented on this, stating that Ethereum needs to have the characteristics of cash in order to fulfill this role. Click to read.