Odaily Morning News

1. Trump: Progress has been made in negotiations with Iran, but it's not enough;

2. A Paradigm researcher proposes a timestamp escape mechanism to protect early Bitcoin from quantum computing threats;

3. Trump informs the US Congress that the Iran conflict is over, circumventing war authorization procedures;

4. The Ethereum Foundation has once again sold 10 thousand ETH via OTC, with a cumulative total of 30 thousand sold over nearly one and a half months;

5. A certain exchange: Has reached a compromise with banks on stablecoin yield terms, advancing the Senate crypto bill soon;

6. AnchorageDigital submits a comment letter for the GENIUS Act, with plans to issue the stablecoin UDSPT with Western Union;

7. After the Manus acquisition plan was halted, several Chinese AI companies are considering dismantling red-chip structures to push forward IPOs;

8. a16z supports the CFTC, stating that state-level regulation would weaken prediction market liquidity;

9. Curve launches a "bad debt" recovery mechanism, allowing impaired creditors to exit via trading or participate in restoration;

10. Tether releases Q1 financial report: quarterly profit of $1.04 billion, excess reserves reach a new record high of $8.23 billion;

11. Payment infrastructure company Fun completes a $72 million Series A funding round, led by Multicoin Capital and SignalFire;

12. Crypto sector financing in April plunged 74% month-on-month to $659 million, hitting a nearly two-year low.