Bitcoin reached a new all-time high of $111,860 on Binance on May 22, but analysts note the rally lacks signs of market euphoria. Funding rates remain low, indicating limited speculative activity, wit...

Bitcoin reached a new all-time high of $111,860 on Binance on May 22, but analysts note the rally lacks signs of market euphoria. Funding rates remain low, indicating limited speculative activity, with spot buyers driving the move rather than leveraged traders. Rising stablecoin supplies, USDT at $152 billion and USDC up 35% to $58 billion, alongside a 5% increase in global M2 money supply, point to untapped liquidity. Glassnode reports muted profit-taking, with only $1 billion realized at the new high, compared to $2.1 billion when BTC first crossed $100,000, signaling long-term holder confidence and potential for continued growth, Cointelegraph reported.

Bitcoin hits new highs, suggesting further upside

On May 23, 2025 — The Telecommunications Department (Ministry of Information and Communications) officially requested telecommunications companies to implement technical measures to block the messaging application Telegram at...

Vietnam requests to block Telegram application due to serious violations in cyberspace

Many people are puzzled: after @CetusProtocol was hacked, the validator network "froze" the hacker's address, recovering $160 million. How exactly was this done? Is decentralization a "lie"? Here's an analysis from a technical perspective:
· Cross-chain bridge transfer part: After the successful hack, the hacker immediately transferred some USDC and other assets to other chains like Ethereum through a cross-chain bridge. These funds cannot be recovered, as once they leave the Sui ecosystem, validators are powerless.
· Funds still on the Sui chain...

How did Sui "freeze" the hacker's address? Is decentralization a lie?

On the afternoon of May 22, the Sui chain's leading DEX liquidity protocol Cetus Protocol token CETUS suddenly experienced a sharp decline, with its price almost "chopped off," and multiple token trading pairs on Cetus also saw dramatic drops. Subsequently, many KOLs posted on X, indicating that the Cetus protocol LP pools had been hacked.

According to on-chain monitoring, the Cetus attacker appears to have controlled all LP pools priced in SUI, with the stolen amount exceeding $260 million as of the time of writing...