The AKASHA Foundation, a non-profit blockchain organization, announced its dissolution. AKASHA Hub in Barcelona, Urbe Hub in Rome, and Etherlaken in the Swiss Alps will continue to operate independently. Ethereum TV will be developed as an independent project, with plans to integrate over 10000 Ethereum related speeches, provide searchable archives, live content, and achieve decentralized storage through Permvault. AKASHA's open-source code and research results will remain public, and communication channels will gradually transition to Ethereum TV. The project is expected to be launched within a few months.

THORChain has released its fourth update regarding the May 15th attack, with proposal ADR028 already announced and open for node operator voting. According to the plan, the agreement will prioritize using its own liquidity to absorb losses, with the remaining portion to be shared by synthetic asset holders. The specific proportion is still under evaluation. The self owned liquidity of the agreement will be reduced to zero, and will be supplemented through system revenue in the future. The plan does not involve the issuance or sale of RUNE, nor will it dilute the equity of the holders. In terms of technology, GG20 has been patched and upgraded and temporarily retained. Transactions will be restored after vulnerability fixes and node rotations are completed, and future release schedules will focus more on security. Innocent nodes in the same database as the attacker will be protected, and the attacker's nodes will be fully confiscated. The recovered RUNE will be paired with assets, and any excess will be destroyed.

US President Trump will hold the swearing in ceremony for Kevin Warsh at the White House on Friday morning at 11 am (UTC+8), succeeding Jerome Powell for a four-year term. （Cointelegraph）

According to Greeks.live data, there were 21000 BTC options expiring on May 22nd, with a Put Call Ratio of 0.66 and a maximum pain point of $78500, with a nominal value of $1.6 billion. In addition, 129000 ETH options will also expire with a Put Call Ratio of 0.92, a maximum pain point of $2200, and a nominal value of $280 million.

According to Cointelegraph, the Coinbase premium indicator fell to -0.0983%, the lowest point in May, reflecting increased selling pressure from institutions. CryptoQuant analyst Darkfost pointed out that institutional and professional investors on Coinbase Advanced have sold more than Binance investors. Since May 14th, the US spot Bitcoin ETF has experienced four consecutive days of net outflows, totaling $1.3 billion. Meanwhile, open contracts for Bitcoin futures and perpetual contracts decreased by approximately $1.5 billion this week.