Today
2025/05/12

Frank, the founder of DeGods and y00ts, has stepped down as CEO, with two anonymous community members taking over.

According to Gate.io News bot, TheBlock reports that Frank, the founder of the NFT projects DeGods and y00ts, has officially announced his resignation as CEO of the project. Frank has handed over project management to two anonymous community members @0x_chill and @pastagotsauce. In the handover statement, Frank clearly stated that he "did not run away" and has "not accepted any investigation", and the project will continue to be promoted by the new team.
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BTC_USDT breaks 103000 USDT

According to the Gate.io News bot, the market data from Gate.io shows that the price of BTC_USDT has surpassed 103000 USDT, currently priced at 103009.7 USDT. The 24-hour decline is 0.90%.
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Manus sign up Users can perform one task for free every day

Jin10 reported on May 13 that the price once soared to 100,000, and the AI intelligent platform Manus, which is hard to come by, announced the opening of sign up. Manus stated in the announcement that it is open to everyone, with no waiting list required; all users can perform one task for free each day (300 points), and all users will receive a one-time reward of 1,000 points.
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Market news: Trump's company Truth Social denies rumors of issuing Meme coin.

BlockBeats news, on May 13, according to market news, Trump's company Truth Social denied the rumors of issuing a Meme coin.
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TRUTH SOCIAL officially denies the rumors of the issuance of the TRUTH meme coin.

According to the latest news from the Gate.io News bot, the social media platform TRUTH SOCIAL has made an official response to the recent rumors circulating in the market about the issuance of a meme coin named "TRUTH". The platform has explicitly denied these rumors. This message was first reported by AggrNews. TRUTH SOCIAL clarified this rumor through official channels, emphasizing that the platform currently has no plans to issue any cryptocurrency.
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Nearly 150 changes in senior management of public sale funds within the year, with a high proportion of small and medium-sized institutions.

Nearly 150 senior executives of public funds have changed, and small and medium-sized institutions have changed greatly. There are various reasons for the change, including internal adjustments, personal planning, competitive pressures, etc. The rapid development of the industry brings challenges and opportunities, and change is related to it.
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Goldman Sachs: The impact of the US tariffs on China drop is limited.

ChainCatcher news, "The Federal Reserve (FED) mouthpiece" Nick Timiraos retweeted Goldman Sachs' viewpoint on social media, stating that the significant drop in tariffs on China has limited impact on the overall effective tariff rate in the U.S., and is expected to lead to a decrease of less than 2 percentage points in the current effective tariff rate. Despite this drop, the overall tariff level in the United States will still be significantly higher than the market's early-year expectations and will cover a wider range.
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BTC_USDT breaks through 102000 USDT

According to the Gate.io News bot, the market data from Gate.io shows that the price of BTC_USDT has surpassed 102000 USDT, currently at 102024.7 USDT. The 24-hour decline is 2.45%.
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BTC_USDT fell below 101000 USDT

According to the Gate.io News bot, the BTC_USDT price has fallen below 101000 USDT, currently at 100963.8 USDT. The 24-hour decline is 3.64%.
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SEC Chairman Paul Atkins: The rules for Crypto Assets brokers may undergo a comprehensive reform.

Odaily News The Chairman of the SEC, Paul Atkins, stated that the rules for crypto assets brokers may undergo comprehensive reform.
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In the past 4 hours, the entire network has gotten liquidated for 218 million USD, mainly long orders.

Odaily News Coinglass data shows that in the past 4 hours, the entire network got liquidated for 218 million USD, among which long orders got liquidated for 202 million USD and short orders got liquidated for 16.6194 million USD.
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In the past 4 hours, the entire network has been Get Liquidated for 218 million USD, mainly from long orders.

Odaily News Coinglass data shows that in the past 4 hours, the total liquidations across the network reached 218 million USD, with long orders getting liquidated for 202 million USD and short orders for 16.6194 million USD.
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The U.S. April budget shows that tariff revenue has risen to $16 billion, a year-on-year increase of 130%.

Odaily News The U.S. April budget shows that tariff revenue surged to $16 billion, a year-on-year increase of 130%. (Jin10)
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Guterres welcomed the positive outcomes of the high-level economic and trade talks between China and the United States.

United Nations Secretary-General spokesman Dujarric stated that Guterres supports the results of the Sino-U.S. talks in Geneva, emphasizing that trade dialogue is positive and warning that trade wars should be avoided from escalating, highlighting the need for dialogue to resolve issues. He emphasized that no one wins in a trade war and expressed concerns about "depeg". Overall, it is a positive start.
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Anchorage Digital acquisition stablecoin issuer Mountain Protocol

Gate.io News bot message, the digital asset custody platform Anchorage Digital officially announced the acquisition of the issuer of the yield-generating stablecoin USDM, Mountain Protocol. According to CoinDesk, this acquisition plan includes the integration of Mountain's technological infrastructure, core team, and existing licensing framework. Nathan McCauley, CEO of Anchorage Digital, stated: "This move aims to promote institutional stablecoin adoption and enhance security and compliance within the global digital asset ecosystem." The acquisition transaction is currently still awaiting approval from the relevant regulatory authorities.
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BTC_USDT fall below 102000 USDT

According to the Gate.io News bot, the BTC_USDT price has dropped below 102000 USDT, currently at 101927.3 USDT. The 24-hour decline is 1.95%.
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Ukrainian President Zelensky: Despite the proposal for a ceasefire, Russia continues to attack Ukraine.
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The SEC Chairman announced adjustments to Crypto Assets regulatory policies and will formulate new guidelines.

According to Gate.io News bot, TheBlock reported that SEC Chairman Paul Atkins announced regulatory policy adjustments at the fourth cryptocurrency working group roundtable meeting. The SEC plans to formulate new guidelines involving the issuance and custody of Crypto Assets, regulating through rule-making and exemption mechanisms. Under specific conditions, funds and advisers are allowed to self-custody. Atkins also suggested that the SEC is studying providing conditional exemptions for registered or unregistered institutions to accommodate innovative products.
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TRUMP is suspected to launch the "Trump Points" NFT market.

Trump's official MEME coin TRUMP is suspected to launch the "Trump Points" NFT market, where users can trade NFTs using loyalty points or Crypto Assets. Points can be earned through tasks, and holding TRUMP Tokens may enhance points. The authenticity of the news awaits official confirmation.
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TRUMP Memes has launched an NFT trading platform based on points and Crypto Assets.

According to Gate.io News bot, BWENEWS reported that TRUMP Memes has announced the launch of an NFT trading market called "Trump Points". This platform allows users to buy and sell NFTs using loyalty points or Crypto Assets. Users can earn loyalty points by trading on the platform, completing specified tasks, etc. Holding Trump Coin also allows for additional points rewards.
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pump.fun launches a creator revenue sharing program

BlockBeats news, on May 13, pump.fun announced the launch of a creator revenue sharing plan, where 50% of PumpSwap's revenue is now shared with Token creators.
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The futures market bets that the Federal Reserve will not cut interest rates in the short term.

ChainCatcher News, according to Jin Shi, judging from the federal funds rate futures, concerns about the economy have been greatly reduced compared to Trump's "Liberation Day". A month ago, bets in the futures market reflected only a one-fifth chance that the Fed would keep interest rates steady in the first half of the year, with traders arguing that trade policy chaos would weaken the economy, forcing the Fed to respond with easing. Now, the futures market is pricing in about a 90% chance that there will be no rate cut before the end of June.
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Tether: USDT market capitalization has surpassed 150 billion USD.

Odaily News Tether announced on the X platform that the market capitalization of the stablecoin USDT has surpassed 150 billion USD. Tether was founded in 2014 and not only launched USDT but also initiated the entire stablecoin industry. Today, USDT has gained the trust of over 400 million people and is driving the development of the digital economy.
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The commander-in-chief of the India-Pakistan military operations agreed to de-escalate the situation.

Jin10 reported on May 13 that multiple media outlets, including New Delhi Television, cited military sources stating that the military commanders of India and Pakistan held a phone conversation on the evening of the 12th, discussing the commitment to ceasefire. Both sides agreed not to take any aggressive or hostile actions, not firing a single shot. They are considering immediate measures to ensure a reduction of troops in border and frontline areas. Currently, there has been no official statement from India or Pakistan on this matter.
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Pump Fun has launched a creator revenue sharing program where Token trading can earn SOL rewards.

According to Gate.io News bot, Pump Fun officially announced the launch of a creator revenue sharing program. Under this program, the platform will share 50% of its revenue with Token creators. Specifically, when users trade tokens issued by creators, the creators will receive a 0.05% (5 basis points) SOL reward. This program covers three types of tokens: newly created tokens, tokens traded on Pump Fun with a curve, and tokens that have been migrated to PumpSwap.
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The Israeli delegation will travel to Doha for ceasefire negotiations.

The Israeli Prime Minister's Office stated that a delegation will travel to Doha for indirect negotiations with Hamas regarding a ceasefire protocol. Prime Minister Netanyahu met with a U.S. envoy and emphasized that the talks will take place amidst gunfire. In addition, Hamas released Aidan Alexander, a detained individual with dual U.S. and Israeli citizenship.
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Foreign media: Perplexity's valuation has surged to $14 billion in a new round of $500 million financing.

PANews, May 12 - According to The Wall Street Journal: Artificial intelligence company Perplexity's valuation soared to $14 billion in a new round of $500 million financing.
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Tron chain stablecoin increased by $1.74 billion, Solana chain decreased by $1.38 billion.

Gate.io News bot message, according to on-chain data, in the past 7 days, the total amount of stablecoins (USDT and USDC) on the Tron chain increased by $1.74 billion. During the same period, the total amount of stablecoins (USDT and USDC) on the Solana chain decreased by $1.38 billion. Data source: Lookonchain
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Market news: BlackRock applies to enable physical redemption for its Ethereum trust.

According to ChainCatcher news, as disclosed by Solid Intel, BlackRock has submitted an application to allow its Ethereum Trust to enable a physical redemption mechanism, which means buyback operations will be conducted in the form of ETH Spot.
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Pump.fun has launched a creator revenue sharing mechanism, with 50% of transaction fees returned to Token creators.

PANews May 12 news, Pump.fun officially launched the "Creator Revenue Sharing" mechanism today. In the future, 50% of the PumpSwap revenue generated from each Token transaction will be returned to the Token creators. For each transaction, creators can receive 0.05% (5 basis points) SOL rewards, which can accumulate significantly over time. For example, a trading volume of 10 million dollars can bring in 5,000 dollars in revenue. All projects still on the Pump.fun trading curve or have graduated to PumpSwap have automatically activated revenue sharing, starting billing from today, and users can claim SOL rewards on demand at any time on the official website.
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Goldman Sachs: The impact of the U.S. tariff drop on China is limited.

ChainCatcher news, "The Federal Reserve (FED) mouthpiece" Nick Timiraos retweeted Goldman Sachs' view on social media, stating that the significant drop in tariffs on China has a limited impact on the overall effective tariff rate in the United States, and is expected to lead to a decrease of less than 2 percentage points in the current effective tariff rate. Despite this drop, the overall tariff level in the United States will still be significantly higher than market expectations at the beginning of the year, and the coverage will be broader.
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Hamas: Calls on the Trump administration to take action to end the Gaza conflict

BlockBeats news, on May 12, Hamas declared that it is ready to participate in negotiations to reach a comprehensive and sustainable ceasefire protocol. It called on the Trump administration to take measures to end the Gaza conflict. (Jin10)
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Whale James Wynn: has increased BTC long positions to 135 million USD

Odaily News Whale James Wynn stated in a post on X that he has increased his BTC long positions to $135 million, believing this is the bottom; if not, he will continue to buy, and it will soon reach new highs.
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