OKX will launch MEMEFI/USDT pre-market trading at 3:00 PM (UTC+8) today

BlockBeats News: On May 17th, according to Farside monitoring data, the cumulative net inflow of US Ethereum spot ETFs this week was $41.8 million.

Is it easy to affect the speed of placing orders when BTC is in a state of panic during sharp rises and falls? Try AiCoin Strategy Cloud to make your strategy run worry free. Support three core capabilities: custom indicator real-time trading, full currency DCA, and automatic coin arbitrage, meeting diverse needs from short-term gaming to long-term allocation. 🤖 Strategy Cloud makes trading easier: 1. Cloud based operation, completely bidding farewell to local network and device limitations, not afraid of network disconnection or shutdown, with a strategy of stable execution 24/7 without stopping; 2. Efficient and worry free: up to 100+custom real-time trading strategies can be run simultaneously, Kaiping is fully automated, making you a "programmatic trading expert"! Welfare Enhancement: Upgrading PRO will give you a strategic cloud membership worth over 60U, allowing you to experience the charm of worry free live streaming immediately! Experience now: https://www.aicoin.com/vip/strategycloud

According to a New Zealand police announcement, a Wellington man has been arrested in Auckland on suspicion of participating in a global cryptocurrency fraud operation led by the Federal Bureau of Investigation in the United States. The criminal group stole $265 million (NZD 450 million) worth of cryptocurrency from seven victims and subsequently laundered it through multiple platforms between March and August 2024. New Zealand police said that in the past three days, search warrants have been executed in Auckland, Wellington, and California, arresting several people, including one in New Zealand. Thirteen people are facing charges. The US Department of Justice has filed charges against the Wellington man under US federal law, accusing him of extortion and blackmail (RICO), conspiracy to commit telecommunications fraud, and conspiracy to commit money laundering. The man appeared in Auckland District Court today and was temporarily prohibited from disclosing his name. He has now been released on bail. He will appear again in Auckland District Court on July 3, 2025. Previously, the US Department of Justice indicted 12 suspects suspected of committing $263 million in cryptocurrency crimes, accusing them of participating in a criminal network organized by the mastermind Malone Lam. The gang committed crimes through social engineering fraud, database intrusion, and physical theft of hardware wallets, among which Lam was personally charged with a single fraud of 230 million US dollars. Currently, 10 defendants have been arrested, and 2 accomplices in Dubai are still at large. The indictment shows that the division of labor in the gang includes target screening, telephone fraud, money laundering, and on-site theft. Lam once remotely monitored the victim's iCloud data and directed his accomplices to break into the house for theft. According to records from August 2024, the gang stole 4100 bitcoins (worth 385.4 million US dollars at the time) through P2P fraud.

Odaily Planet Daily News: According to Onchain Lens monitoring, a newly built wallet has withdrawn 1.79 trillion PEPEs worth $22.22 million from Binance.

BlockBeats News: On May 17th, according to official announcements, due to the failure of the latest product to reach the expected user base and the many challenges facing the current Web3 market environment, the blockchain game Nyan Heroes was unable to obtain the necessary financial support to maintain studio operations and ultimately decided to terminate operations. It is reported that Nyan Heroes has received over 250000 player reservations on Epic and Steam platforms, and four testing events have attracted over 1 million players to participate. This game has repeatedly appeared on Epic Games' popular and most played charts, and has received attention and coverage from traditional media such as IGN, Business Insider, and Game Rant. Although the project team discussed various options such as release, new investment, subsidies, and acquisition, they ultimately failed to raise the necessary funds to complete the game development.