[BlackRock Plans to Launch $6.1 Billion Tokenized Money Market Fund] According to Bloomberg, BlackRock is planning to launch two money market funds targeting stablecoin holders. The company has filed documents proposing a digital share class for the $6.1 billion BlackRock Select Treasury Based Liquidity Fund. The fund invests in cash, U.S. Treasury bills, and other securities with maturities of no more than 93 days. The tokenized securities will be available on the Ethereum blockchain and will operate alongside traditional share classes.

According to Ai Yi's report, a giant whale account that previously profited approximately $86.36 million from short selling 28 altcoins including ZEC, TON, NEAR, LIT, and crude oil contract CL has incurred a floating loss of approximately $4.06 million in 29 short positions, with a total position value of approximately $47.66 million, and is continuing to increase its holdings. The account's position was still in a floating profit before May 4th, but later turned into a floating loss due to the market's overall rise in expectations of the end of the war.

Bitwise Chief Investment Officer Matt Hougan stated that although Bitcoin and gold have been repeatedly declared 'dead', the fiat currency system is actually 'dead'.

The global uncertainty index has risen to the third highest level in history, surpassing the level during the Internet foam and the global financial crisis. （Cointelegraph）

[Wasabi Protocol Suffers Attack, Losing Approximately $5.7 Million] According to a security incident update released by Wasabi Protocol, attackers exploited a Spring Boot Actuator configuration vulnerability in its AWS infrastructure to steal private keys controlling EVM smart contracts. This resulted in the theft of approximately $4.8 million in user funds and $900,000 from the protocol's treasury, with total losses amounting to around $5.7 million. The attack chain began with a public-facing server whose Actuator heap dump was not password-protected, allowing attackers to obtain credentials for another server and gain control of the smart contract private keys. The incident only affected EVM deployments, including vaults on Ethereum, Base, Blast, and Berachain. Deployments on Solana and the Prop AMM were not impacted. The team has not yet confirmed a compensation plan for users and will provide updates on the investigation's progress via the Discord community.