According to BlockBeats, on May 24th, according to on chain data analyst Yu Jin's monitoring, James Wynn, a giant whale, has once again reduced his BTC long position by a small margin, reducing it from $1.188 billion to $1 billion. The specific information is as follows:
·40x+9282 BTC, worth $1 billion · opening price $109190 · clearing price $103957
According to official data, in the seven days ending May 22, Circle issued approximately 4.3 billion USDC, redeemed approximately 3.5 billion USDC, and increased circulation by approximately 800 million pieces. The total circulation of USDC is 61.3 billion pieces, with reserves of approximately 61.5 billion US dollars, including cash of approximately 8.1 billion US dollars, and Circle Reserve Fund holding approximately 53.5 billion US dollars.
Foresight News reported that Solana officially launched a new verification service called Solana Attestation Service (SAS), which can be used to verify any content and is intended to provide a trust layer for the Internet capital market. SAS allows off chain data to be associated with any Solana wallet, and applications can now verify information such as KYC/identity verification, investor authentication, and on chain reputation, while maintaining privacy through signature verification.
BlockBeats News: On May 24th, Sui officially posted on social media that earlier today, Cetus initiated a community vote proposal to upgrade the protocol and return frozen funds (without rolling back on chain records or revoking transactions). This is a special request under special circumstances - it concerns the security of Cetus user assets. After careful consideration, the Sui team has decided to support their on chain voting proposal, but with two additional conditions:
·Sui officials will remain neutral on the voting results and waive their voting rights. Sui's responsibility is to design and implement a decision-making process that reflects the collective will of the Sui community (specific plans and codes will be announced soon)
·Cetus must publicly commit to using all financial resources to recover assets until all users receive full compensation