Odaily Planet Daily News: On May 28, 2025 at 10:00 (UTC+8), CosmFun, an innovative Meme launch platform under the CosmFinance ecosystem, announced that its platform token CSF was officially launched for trading today. As the core project of the CosmFinance ecosystem, CosmFun pioneered the "MemeVault Asset Protection Mechanism", providing stability support for digital assets through smart contract custody, deflation models, and liquidity optimization solutions. The platform adopts CSM pledged asset endorsement, automated deflation mechanism, and long-term liquidity pool locking strategy, committed to building a sustainable digital asset ecosystem.

According to Decrypt, the Bitcoin Office of El Salvador announced on Tuesday an increase in holdings of 8 bitcoins, bringing the country's reserves to nearly 6200 (worth approximately $674 million). This move occurred hours after the International Monetary Fund (IMF) completed its first round review of the country's $1.4 billion loan plan. The IMF has requested El Salvador to halt its government's increase in cryptocurrency holdings during its review, and has set a deadline of July for the closure of the state-owned cryptocurrency wallet Chivo. But the country utilizes the institutional design of the Bitcoin office, which is not part of the finance department, to continue making small daily purchases. President Bukkel has previously lifted the mandatory status of Bitcoin as a legal tender, but still maintains its optional currency attribute. The approval of this review will enable El Salvador to obtain an additional $2 billion in development bank financing to help address its public debt, which accounts for 85% of GDP. Rodrigo Valdes, Director of the Western Hemisphere Department of the IMF, stated in April that El Salvador's "financial sector has generally adhered to its commitment not to increase its holdings of Bitcoin".

Odaily Planet Daily News: Time tokenization platform Time.fun announced that the platform is now open to all users, and creating personal time tokens requires a fee of 10 USDC. Meanwhile, the platform plans to distribute first season points to creators and users this week. According to GMGN data, Solana co-founder Tony's time token has a current market value of $4 million and has risen 22.8% within 24 hours.

According to TechFlow, EV Electra, a Middle Eastern electric vehicle company, plans to invest $1 billion to participate in the restructuring of GAC Motor and seek control. On May 22nd, Jiangsu Gaohe Automobile was established, jointly invested by EV Electra and Huaren Yuntong, with shareholding ratios of 69.8% and 30.2% respectively. The environmental impact assessment report of Yancheng Economic Development Zone shows that the renovation project of Yueda Kia Factory has started, with plans to produce three models of Gaohe, and is expected to be completed in October this year. The EV Electra official website has launched the ecological token EVET, with 1 EVET=1 USDT, which supports cryptocurrency and bank transfer purchases. According to its white paper released in April 2025, it plans to raise $840 million through tokens and adopt a dual token system, with EVENT in the form of NFT, promising to distribute 10% of net profit to holders. It is worth noting that EV Electra was accused of stealing design images from car companies such as Skywell in 2023 and was involved in cryptocurrency fraud controversies. Founder Jihad Mohammad stated that the relevant responsible persons have been dealt with. At present, the brand image of Gaohe has been used on the token marketing page of EV Electra.

BlockBeats News: On May 28th, Gate, a leading global cryptocurrency trading platform, won the "Best Crypto Exchange 2025" award at the E-commerce Awards 2025 hosted by Entrepreneur Middle East. This award aims to recognize cryptocurrency platforms that have demonstrated outstanding performance in user protection, platform stability, and compliant operations. The jury highly recognizes Gate's long-term investment in technology security, global compliance system, and customer trust building, and believes that its achievements set a new benchmark for the encryption industry. This award comes at a time when the Gate brand is rejuvenated. The platform has recently officially launched a new global domain name (Gate.com) and unified its visual system in multiple licensed regions, further enhancing user experience and brand professionalism, demonstrating its new stage of high standard operation in the global market.