intro

According to Protos, Myanmar has proposed introducing the death penalty for criminals who use violent means to coerce victims into participating in cryptocurrency scam centers. According to the draft of the country's Anti-Cyber Fraud Bill, criminals who use violence, torture, illegal arrest and detention, or cruel treatment against others to force them to commit cyber fraud will be sentenced to death.The bill will be submitted to parliament for review in June. In addition, operators of scam centers or perpetrators of cryptocurrency scams will face life imprisonment. Last month, the President of Myanmar reduced all death sentences to life imprisonment.

ZKsync's official announcement stated that following several ZK token governance proposals, the governance service provider ScopeLift has now launched the "ZK Fee Flow System" proposal on the forum. This system is a set of smart contract mechanisms that allow ZKsync Governance to route and allocate protocol revenue and fees through its controllable on-chain mechanisms. ZKsync indicated that the relevant forum post has detailed the contract architecture, operational mechanisms, security measures, and deployment addresses of the system.

According to the official announcement, the Gate TradFi stock section has launched 9 contract-for-difference trading pairs: GEV (GE Vernova), KLAC (KLA), SOXL (3x Long Semiconductor ETF), SMH (Semiconductor Index ETF), SOXX (Semiconductor ETF), HYG (Bond Index ETF), SQQQ (3x Short NASDAQ ETF), SOXS (3x Short Semiconductor ETF), GDX (Gold Mining ETF), supporting 4x fixed leverage.In addition, the Gate TradFi stock section will launch the third phase of the new coin airdrop from May 12 at 16:00 to May 22 at 16:00 (UTC+8). During the event, users who sign up will receive 30 USDT and can participate in trading the newly listed assets to share a prize pool of 100,000 USDT, with a maximum individual reward of 3,130 USDT.

According to a Reuters report, Carolyn Rogers, Senior Deputy Governor of the Bank of Canada, stated during her testimony in the Senate that the design work for Canada's stablecoin regulatory framework is fully underway and is expected to be launched in mid to late 2027.She noted that the previously planned target for early 2027 was rather ambitious.

According to CoinDesk, the American Innovation Project (AIP), a U.S. technology policy advocacy organization, has added two policy researchers, including Jacob Smagula, who has a background in the cryptocurrency industry, to join Congressman Ritchie Torres's team to participate in legislation related to digital assets.It is reported that Smagula previously worked in the government affairs team of the Bitcoin mining company MARA and is currently engaged in policy research at the DeFi Education Fund, possessing experience in communication between the cryptocurrency industry and regulators. AIP was established in 2025 with support from organizations such as the Digital Currency Group, aiming to provide Congress members with professional insights and policy support on emerging technologies like AI and digital assets. This appointment is seen as a signal of further professionalization in U.S. cryptocurrency legislation and regulation.

According to the Wall Street Journal, algorithm development company MicroAlgo Inc. announced the launch of a blockchain architecture based on quantum technology, which enhances transaction security and transparency by integrating quantum secure channels (QSC) and quantum key distribution (QKD).The architecture features a four-layer design, including a quantum communication layer, a blockchain core layer, a smart contract layer, and an application layer. Among these, QKD is used to achieve high-security key generation and distribution, while quantum encryption protects transaction data from theft and tampering, and also possesses resistance to quantum computing attacks.Additionally, the system strengthens long-term security through periodic key rotation and a quantum signature mechanism, and combines distributed ledger technology with a consensus mechanism to ensure data immutability and transaction verifiability, achieving a balance between security and transparency. However, the company also pointed out that there are still challenges regarding the maturity and commercialization of quantum technology, and large-scale implementation will take time.

Coinbase Asset Management (CBAM) announced the launch of the digital credit strategy CUSHY and introduced a tokenized share class mechanism to connect the traditional credit market with the on-chain financial system. This strategy focuses on three main areas: on-chain high liquidity public credit assets, structured private credit for digital native and traditional borrowers, and structured yield sources that combine tokenization and protocol incentives. It is built on Superstate's FundOS tokenization platform, achieving on-chain representation of fund shares and 24/7 trading capabilities, and supports operation across multiple networks such as Ethereum, Solana, and Base.

According to the Korea Economic Daily, the South Korean cryptocurrency exchange Bithumb has announced that it will introduce post-quantum cryptography (PQC) technology to guard against the risk of future quantum computers potentially breaking existing encryption systems.Bithumb plans to comprehensively apply PQC technology from virtual asset wallet management to identity authentication systems, focusing on protecting customer private keys, and will collaborate with security technology company ATON to encrypt various stages of data processing, including input, authentication, transmission, and storage. Additionally, Bithumb will strengthen its real-time monitoring system to detect new types of hacker attacks and abnormal trading patterns that utilize quantum computers.

Andre Cronje stated in an interview with Cointelegraph that many DeFi protocols today are "no longer truly DeFi" and are more like "profit-driven companies operated by teams," as they generally rely on upgradable contracts, multi-signatures, off-chain infrastructure, and manual operational control.Cronje pointed out that the current industry is still overly focused on smart contract audits while neglecting operational risks that are closer to traditional finance (TradFi). He believes that recent attack incidents are not due to code vulnerabilities but stem from off-chain infrastructure, permission management, and social engineering attacks.The discussion arises from the recent frequent security incidents in DeFi. In April, protocols such as Flying Tulip, Drift Protocol, and Kelp encountered security events, with Drift and Kelp suffering losses of approximately $280 million and $293 million, respectively.In response, Flying Tulip has introduced a "Withdrawal Circuit Breaker," which can delay or queue withdrawal requests when unusually large withdrawals occur, allowing the team about 6 hours to respond. Cronje emphasized that this mechanism does not permanently freeze withdrawals but serves as a layer of protection within the security system.However, Michael Egorov holds a cautious attitude towards this. He stated that the circuit breaker itself could also become a new point of centralized risk. If control permissions fall into the hands of an attacker, the mechanism originally intended to protect the protocol could instead be used to freeze assets or directly transfer funds.Egorov believes that the long-term direction of DeFi should be to minimize human intervention and centralized permissions as much as possible, rather than adding more layers of manual control. "The security of DeFi comes from decentralization, not more human management."

According to CoinDesk, Securitize, a tokenization platform supported by BlackRock, announced a partnership with global stock transfer agent giant Computershare, allowing U.S. listed companies to issue on-chain tokenized equity (Issuer-Sponsored Tokens, ISTs) outside of the existing stock system.Under the plan, investors will have the option to hold shares through traditional securities accounts or directly hold corresponding on-chain equity assets through digital wallets. Computershare will continue to act as the transfer agent, responsible for managing shareholder registries, dividend distributions, and handling corporate actions such as stock splits.Reports indicate that the core of this structure is to avoid the common "wrapped shares" model found in the traditional crypto market. Unlike derivative tokens that only represent a claim to shares, ISTs will directly represent real equity ownership, rather than a mapping certificate of off-chain stocks.Carlos Domingo stated that ISTs are not derivatives built on existing stocks, but rather allow U.S. issuers to create real equity directly in token form.Data shows that Computershare currently serves over 25,000 companies and acts as the transfer agent for about 58% of S&P 500 companies. The market believes that this collaboration signifies that blockchain infrastructure is gradually entering the backend system of the core U.S. securities market, which may further promote the on-chain settlement, equity registration, and asset circulation of U.S. stocks.

According to the official announcement, the Gate TradFi stock section has launched 52 contracts for difference trading pairs including GIS (General Mills), MPWR (Monolithic Power Systems), HSY (Hershey), COTY (Coty Inc.), CTSH (Cognizant), INFY (Infosys), SO (Southern Company), ALK (Alaska Airlines), BAP (Credicorp), CIB (Grupo Cibest), SYY (Sysco), DD (DuPont), DTE (DTE Energy), PSX (Phillips 66), AON (Aon), MCO (Moody's), CHT (Chunghwa Telecom), GT (Goodyear Tire & Rubber), GFS (GlobalFoundries), MAR (Marriott International), WYNN (Wynn Resorts), SYF (Synchrony Financial), EPD (Enterprise Products Partners), CBOE (Chicago Board Options Exchange Global Markets), IVZ (Invesco), MLM (Martin Marietta Materials), EXC (Exelon), PNC (PNC Financial Services Group), AMT (American Tower), BDX (Becton Dickinson), WMB (Williams), AIG (American International Group), CPRI (Capri Holdings), HBAN (Huntington Bancshares), SYK (Stryker), ZTS (Zoetis), BMRN (BioMarin Pharmaceutical), APD (Air Products and Chemicals), STT (State Street), XLE (State Street Energy Select SPDR ETF), IBIT (iShares Bitcoin Trust), ASTS (AST SpaceMobile), AUPH (Aurinia Pharmaceuticals), PTON (Peloton Interactive), CRON (Cronos Group), GPRO (GoPro), OPFI (OppFi), RIG (Transocean), XRX (Xerox), MANU (Manchester United), URA (Global X Uranium ETF), LIT (Global X Lithium Battery ETF), supporting 4x fixed leverage.In addition, the Gate TradFi stock section will launch the second phase of the new coin airdrop from April 29 at 16:00 to May 8 at 16:00 (UTC+8). During the event, users can register to receive 30 USDT and can share a prize pool of 100,000 USDT by participating in the trading of newly listed assets, with a maximum individual reward of 3,130 USDT.

According to Bloomberg, Polymarket seeks CFTC approval to bring its main trading platform to the United States.

The Solana Foundation stated that its core development team Anza has reached an agreement with Firedancer, a subsidiary of Jump Crypto, on a potential post-quantum solution, planning to introduce a new digital signature scheme called Falcon.Although the threat of quantum computing is not expected to materialize for several years, Solana has developed a phased upgrade roadmap. This plan includes ongoing research into Falcon and other alternatives, introducing post-quantum solutions for new wallets when necessary, and ultimately completing the migration of existing wallets. Currently, the quantum-resistant primitive Winternitz Vault, developed by Blueshift, has been running on Solana for over two years. The Solana Foundation stated that the network's high-speed, low-latency design can accommodate such solutions, and the migration is not expected to have a significant impact on performance.

According to Cointelegraph, bipartisan lawmakers in the United States jointly announced the "PACE Act," which aims to create a unified national payment license for fintech companies and cryptocurrency companies, to be regulated by the Office of the Comptroller of the Currency (OCC).

Paul Atkins, the Chairman of the SEC, delivered a speech on the first anniversary of his inauguration at the Washington Economic Club, stating that the SEC is advancing reforms to the regulatory framework for digital assets and incorporating it into the "A - C - T" strategy, which aims to modernize regulation, clarify regulatory boundaries, and reshape the rule system.Regarding crypto assets, the SEC has released a classification system for crypto tokens, dividing digital assets into five categories, four of which do not fall under securities. It indicated that the SEC is about to launch an "innovation exemption" mechanism to provide a limited framework for market participants to conduct tokenized securities trading on-chain in a compliant manner, and has initiated Project Crypto to adapt securities rules and regulatory systems to the trend of capital markets moving on-chain.Additionally, the SEC signed a Memorandum of Understanding (MOU) with the CFTC last month to unify key definitions, clarify regulatory jurisdictions, and coordinate joint regulatory matters, including digital assets. Paul Atkins also stated that the previous regulatory approach to crypto assets in the U.S. had led to innovation activities flowing overseas.

According to official Twitter news, B.AI has released its latest weekly report, disclosing several important advancements in developer ecosystem and financial infrastructure development.In terms of products, B.AI has officially launched the OpenClaw automatic configuration script, introduced the open-source AI coding assistant BAI Code, and completed Stripe integration, laying a solid foundation for the ecosystem's payment and development experience; in terms of wallet support, new multi-link access for KuCoin Web3 and Trust Wallet has been added.With the number of users surpassing 1 million, B.AI is continuously expanding its developer toolchain and financial connectivity capabilities for autonomous agents through deep cooperation with platforms such as KuCoin and Symbiosis, aiming to build the core AI infrastructure for the digital economy era.

The SEC released a document (34-105260) disclosing the rule change application submitted by the NYSE, intending to formally introduce a framework for trading tokenized securities.According to the proposal, the NYSE plans to add Rule 7.5, allowing eligible securities to be traded and settled in a blockchain-based tokenized form in addition to traditional forms. The relevant arrangements will operate under the DTC pilot program. The core mechanisms include: tokenized securities and traditional stocks will share the same trading code (CUSIP) and rights structure, and will be fully interchangeable; in the matching system, tokenized and traditional securities will have the same execution priority, and the order of transactions will not be affected by the different forms; trading participants can choose to settle and clear in an on-chain form through a tokenization flag, with specific processing carried out by custodians. Additionally, the NYSE also plans to simultaneously modify order sorting, routing, and clearing rules to accommodate the trading process of tokenized securities, ensuring seamless integration with the existing market structure.From a market perspective, this proposal signifies that traditional U.S. securities exchanges are officially exploring the introduction of blockchain technology into the core trading and settlement systems. If approved, it could become an important milestone for on-chain securities entering mainstream financial infrastructure.

French Interior Minister representative Jean-Didier Berger stated at the Paris Blockchain Week that France is preparing to introduce new measures to protect cryptocurrency holders. He revealed that authorities have launched a prevention platform and attracted thousands of registrations, while working with Interior Minister Laurent Nuñez to develop a more stringent response plan, expected to be implemented in the coming weeks.In this context, there have been 41 cryptocurrency-related kidnapping cases in France in 2026, averaging one every 2.5 days; in 2025, global incidents of such "ransom attacks" increased by 75% year-on-year, with France being the most severely affected country in the world, accounting for about 40% of the total incidents in Europe.