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The FDIC proposes to implement the Bank Secrecy Act and sanctions compliance requirements on stablecoin issuers
Golden Finance reports that on May 23, the Federal Deposit Insurance Corporation (FDIC) announced new regulations aimed at establishing "Bank Secrecy Act" (BSA) and sanctions compliance standards for stablecoin issuers under its supervision. According to the requirements of the "GENIUS Act," U.S. federal banking regulators are required to develop a regulatory framework for stablecoin issuers. Previously, the FDIC had proposed two rules, one concerning the process for bank subsidiaries applying to become stablecoin issuers, and the other regarding capital, liquidity, and risk management requirements.
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Trump-nominated Kevin Warsh officially takes office as Federal Reserve Chair!
Warsh is the Fed Chair with the most in-depth understanding of cryptocurrencies to date. His previous views include "Bitcoin could become the new gold for people under 40" and that Bitcoin is a "good policy overseer."
Warsh has also criticized the Fed for talking too much and is extremely dissatisfied with the past excessive expansion of the Fed's balance sheet.
Wall Street generally estimates that even if he compromises on interest rates under Trump’s pressure, he would lean toward accelerating quantitative ti
BTC-2.54%
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#PlatinumCardCreatorExclusive #PlatinumCardExclusiveForCreators
THE FUTURE OF SPENDING IS NO LONGER ABOUT PAYING…
IT IS ABOUT POSITIONING YOURSELF INSIDE THE DIGITAL ECONOMY.
Most cards were designed for the old financial world.
You spend money.
Your balance decreases.
The bank earns rewards from your activity.
You receive almost nothing in return except temporary convenience.
That model is outdated.
If I had a Gate Platinum Card, I would not use it like a normal bank card.
I would use it as a financial operating system for my entire digital lifestyle.
Not because it looks premium.
Not because
BTC-2.54%
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Two stocks on the market’s ‘naughty list’ could be set for a 2022 comeback, traders say
Two traders favor beaten-down names: Block (SQ) amid disruption and Afterpay, and Las Vegas Sands (LVS) hoping travel and gaming recover for a rebound.
Abstract: This article reports on two CNBC traders who see upside in beaten-down stocks: Block (SQ), supported by disruption in payments and Afterpay, and Las Vegas Sands (LVS), aligned with a recovering travel and gaming environment despite Covid and China risks. It also touches on regulatory scrutiny of Buy Now, Pay Later and broader China exposure.
ai-iconThe abstract is generated by AI
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Bitcoin and Ethereum options with a notional value of $2.62 billion are expiring today.
Data as of May 15th shows: 25k BTC options, Put/Call=0.59, maximum pain at $80,000, notional value of $200 million; 274k ETH options, PCR=0.4, maximum pain at $2,300, notional value of $620 million. BTC is fluctuating around $80,000, market sentiment is neutral, options activity is low, with about 20% of positions held at the end of May and about 30% at the end of June. Implied volatility for BTC is approximately 35%, for ETH about 50%, and skew has decreased. BTC performed relatively well in the second quarter, remaining the main trading target under long-term favorable conditions, with reasonable medium- and long-term options positioning.
ai-iconThe abstract is generated by AI
BTC-2.52%
ETH-2.96%
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I'm trading on Gate, a top-tier exchange with a 13-year track record. Come join me and dive into the hottest events right now! https://www.gate.com/campaigns/4871?ch=2882&ref=VLZCV1KKVG&ref_type=132
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Bitcoin is the first digital and decentralized cryptocurrency that is not dependent on any central authority or intermediary institution.
BTC-2.54%
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GateUser-73fa270e:
Bitcoin is the first digital and decentralized cryptocurrency that is not dependent on any central authority or intermediary institution.
History doesn't repeat but rhymes; the fundamental volume with a net inflow of 60 billion hasn't changed. 80k is just a psychological threshold; breaking through or not doesn't affect the final outcome.
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MarsBitNews
Analysis: $1.26 billion Bitcoin ETF outflows may serve as a "contrarian buy signal"
Santiment reports that in the past six trading days, US spot BTC ETFs have experienced net outflows of approximately $1.26 billion, which could serve as a contrarian buy signal, as retail investor sentiment dominates capital flow. BTC is around $75,400, down from the high of $79,000, with some retail investors losing patience after not surpassing $80k. Historically, net outflows are often associated with patient accumulation, and market sentiment is leaning towards weakening. A Bloomberg analyst states that since the ETF launch, net inflows have totaled nearly $60 billion, with the potential to reach new all-time highs in the future.
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DeepSeek this blame is a bit unfair; model hallucinations are mistaken for security vulnerabilities.
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MeNews
Can input secretly view others' chat records? The "vulnerability" in DeepSeek has been seriously misunderstood.
According to Beating reports, there are rumors that inputting specific tags into DeepSeek allows users to see others' conversations, which has been characterized as a failure of P0 multi-tenant isolation. In fact, this is a phenomenon where the model generates seemingly real conversations based on memory and system prompts, rather than real-time retrieval of others' sessions. It is a common issue related to training data memory extraction and is not unique to DeepSeek. Academic research has indicated that training data can be extracted through template tokens; the presence of the current date in conversations makes it difficult to prove they originate from others. Currently, to confirm actual user data leakage, concrete evidence is needed. No evidence currently points to the existence of other users' information.
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#WarshSwornInAsFedChair
Global markets are entering a new phase as attention shifts toward the Federal Reserve’s future direction under Warsh’s leadership. Traders and investors across crypto and traditional finance are closely monitoring how upcoming monetary policies could influence liquidity, market confidence, and risk sentiment worldwide. 📊🌍
From interest rate expectations to inflation management, every signal from the Fed has the potential to create major reactions across digital assets and global markets. Crypto participants are especially focused on whether the new leadership approa
BTC-2.54%
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5 million dollars burned to create an ecosystem niche, this ROI could be written into a textbook
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MeNews
General Tensor完成对Tensorplex Labs旗下Backprop Finance的收购
On May 15th, General Tensor announced the completion of its acquisition of Backprop Finance, a subsidiary of Tensorplex Labs. Backprop is one of the largest decentralized trading platforms by trading volume within the Bittensor ecosystem. After the acquisition, General Tensor will cover approximately one-third of the trading volume on the Bittensor network. Previously, General Tensor raised a total of $5 million through Pre-Seed and Seed rounds, with investors including DCG, Lvna Capital, and Good Morning Holdings, led by Lok Lee and supported by Goldman Sachs. Backprop Finance mainly facilitates token exchange and subnet filtering for the Bittensor Dynamic TAO (dTAO) subnet Alpha token trading.
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4DoF gimbal system, just saying its name makes it sound very powerful
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MeNews
Honor CEO Li Jian officially announces Robot Phone to be released in Q3 of this year
AIMPACT News, May 15 (UTC+8), Honor unveiled its first robot phone (Robot Phone) at the Cannes Film Festival, becoming the only visual partner in the history of Cannes China Night.
As a completely new species in the industry, Honor Robot Phone features the industry's smallest self-developed 4DoF gimbal system, giving the phone a lively "body"; combined with a powerful "brain" built with multimodal intelligent agents, achieving deep integration of AI and hardware.
In the field of imaging, Honor also reached a strategic technical partnership with ARRI, a benchmark brand defining industry standards in filmmaking, transforming master-level imaging science—such as exclusive color science, cinematic-style filters, and professional imaging workflows—into accessible mobile imaging experiences, officially opening a new chapter in mobile imaging's future.
Honor CEO Li Jianguan
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To further enhance the payment experience for users, Gate Card is launching a limited-time spending rewards campaign. During the campaign period, users who successfully apply for a Gate Card and complete designated spending tasks will have the opportunity to earn GT rewards. Rewards are limited and available on a first-come, first-served basis. https://www.gate.com/campaigns/4834?ch=2724&ref=VLZCV1KKVG&ref_type=132
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