DeepNewz

DeFi
Lido DAO Initiates Emergency Vote to Replace Chorus One Oracle Node After 1.4 ETH Theft in 5-of-9 Multisig System
Lido Finance, a leading decentralized finance protocol managing over $23 billion in staked assets, announced an emergency vote by its DAO to replace a compromised oracle node linked to Chorus One

Regulation & Politics
President Trump Highlights Bitcoin, Calls Crypto Stronger Than Markets, Says Millions Want It, Warns China Will Lead If U.S. Does Not
President Donald Trump has expressed strong support for cryptocurrency, emphasizing its importance and popularity among millions of people

Blockchains
Tether USDT Supply Hits $150 Billion; Tron Surpasses Ethereum with $73.7B, Stablecoin Volume at $1.82T
Tether's USDT stablecoin supply has reached a new all-time high, surpassing $150 billion in total market capitalization

Markets
MicroStrategy (NASDAQ: MSTR) Acquires 13,390 BTC, Boosting Holdings to 568,840 BTC with $1.34 Billion Purchase
MicroStrategy, now known as Strategy and listed on NASDAQ as MSTR, has continued its aggressive acquisition of Bitcoin, purchasing an additional 13,390 BTC between May 5 and May 11 for approximately $1

CeFi
Coinbase Rejects 80% Bitcoin Treasury Approach; Holds $1.3B in Crypto as Dell Declines Bitcoin Proposal
Coinbase considered adopting a Bitcoin-heavy treasury strategy similar to that of MicroStrategy, which involved allocating up to 80% of its balance sheet to Bitcoin

Markets
Goldman Sachs Increases BlackRock's Bitcoin ETF Stake by 28% to $1.4B Amid Record $62.9B Inflows
Goldman Sachs has significantly increased its stake in BlackRock's iShares Bitcoin Trust (IBIT) ETF, boosting its holdings by 28% to 30

Blockchains
Galaxy Digital Transfers $3.08 Million in TRUMP Tokens to Binance Amid $2 Billion UAE Investment Using Trump Stablecoin
Galaxy Digital transferred 220,550 TRUMP tokens, valued at approximately $3

Blockchains
Trump Family-Backed American Bitcoin to Go Public on Nasdaq as ABTC, Retaining 98% Ownership
American Bitcoin, a Bitcoin mining company backed by the Trump family, is set to go public through a merger with Gryphon Digital Mining

Markets
Spot Bitcoin ETFs Hit $128B AUM as Crypto Funds Gain $882M; Hyperliquid Open Interest Hits $5.6B
Digital asset investment products experienced robust inflows last week, totaling $882 million and extending a four-week streak of gains that have pushed 2025 year-to-date inflows to $6

Regulation & Politics
BitGo Receives MiCA License From BaFin in Germany to Expand Institutional-Grade Crypto Services to Banks and Asset Managers Across EU
BitGo has obtained a Markets in Crypto-Assets Regulation (MiCA) license from Germany's Federal Financial Supervisory Authority (BaFin), enabling the company to extend its digital asset services across the European Union





