According to market sources, Cash App, the cryptocurrency platform owned by billionaire Jack Dorsey, officially launched its Bitcoin proof-of-reserve feature this week, verifying that all Bitcoin holdings on its platform are fully backed by 1:1 reserves for over 60 million users. The market believes this move is a significant step forward for the crypto industry in terms of transparency, user trust, and self-custody standards, and is seen as a positive signal for the long-term healthy development of the industry. (The Bitcoin Historian)

Robert Hackett of a16z Crypto suggests that the term 'stablecoin' might gradually become less relevant as stability becomes a standard feature rather than a primary innovation. According to NS3.AI, Hackett noted that the industry's focus has transitioned from questioning an asset's stability to exploring what can be developed on that stable foundation.

Starlink's global user base has reached approximately 7.8 million by 2025, marking significant growth since 2021. According to ChainCatcher, this expansion comes with a decrease in average monthly revenue per user (ARPU) by about 18%, indicating the company's strategy of capturing the global market through lower pricing and large-scale expansion. The growth is primarily driven by emerging markets and the expansion of low-cost packages in regions such as Africa, Latin America, and parts of Asia. While high-profit sectors like enterprise, aviation, and maritime continue to grow, their contribution to overall revenue remains limited. Analysts suggest that Starlink is transitioning from a premium satellite internet service to a more mainstream global broadband network. This shift aims to reduce launch and satellite deployment costs through scale expansion, further enhancing Elon Musk's influence in the global communication infrastructure sector.

Shiba Inu's significant price surge in October 2021, reaching $0.00008616, is largely attributed to Ethereum co-founder Vitalik Buterin's decision to burn 90% of the SHIB tokens he received. According to NS3.AI, this action played a crucial role in the cryptocurrency's price movement. The analysis further highlights that SHIB's vast circulating supply of approximately 589 trillion tokens makes achieving a $1 price point highly improbable without substantial real-world adoption.

Robert Hackett, Special Projects Lead at a16z Crypto, points out that the term "stablecoin" is gradually losing its relevance. Stablecoins originated during a period of high volatility in the crypto market, thus emphasizing their "stability." However, with technological evolution, stability has become fundamental, evolving into a global financial infrastructure. The crypto industry's focus has shifted from "whether it's stable" to "what else can be built upon it." Stability has become a basic requirement rather than innovation itself. Therefore, the name "stablecoin" is more like a patch for old problems than a definition of a new financial system. In the future, the concept of stablecoins may eventually fade into broader terms such as "digital dollar" or "on-chain asset," or even be completely integrated into the underlying financial system, much like how "electric light bulb" replaced "electric lighting."

A recent poll conducted by ABC, The Washington Post, and Ipsos reveals that U.S. President Donald Trump's disapproval rating has reached 62%, marking the highest level during his two terms. According to Odaily, this survey highlights the growing dissatisfaction among the public with Trump's presidency.

A recent ABC/Washington Post/Ipsos poll shows Trump's disapproval rating at 62%, a record high during his two terms. (Jinshi)

1. CZ responds to security concerns regarding Binance addresses holding over 200,000 BTC: Addresses starting with 3 are likely multi-signature addresses; 2. dYdX Foundation: The community has approved the delisting of four trading pairs, including AKT-USD and GNO-USD; 3. South Korea's KB Financial Group partners with Pantera Capital to expand its digital asset strategy; 4. Morgan Stanley increased its holdings by approximately 286 Bitcoins yesterday, bringing its total holdings to 2,620; 5. DCG founder: Bitcoin validates trillion-dollar demand, privacy coins like Zcash will benefit from "foresight advantage"; 6. 10x Research founder: BTC stabilizes above short- and medium-term moving averages, dominance rate exceeds 60%, releasing bullish signals; 7. Draft statement: OPEC+ plans to increase production targets by 188,000 barrels per day starting in June; 8. Galaxy Research Director: Satoshi Nakamoto's 1.1 million BTC should not be used, PQ solutions need to be prepared in advance; 9. Ethereum Foundation: Key goals of the Glamsterdam upgrade are basically complete, consensus reached on the 200 million Gas Limit lower limit; 10. ZachXBT: US law firms' "free-riding" claims may hinder the recovery and compensation process for hacker victims' funds.

The Zcash Foundation officially announced the release of Zebra version 4.4.0. This update fixes several critical consensus-level security vulnerabilities and strongly recommends that all node operators upgrade immediately. These vulnerabilities include a denial-of-service vulnerability that could permanently stop new block discovery, consensus divergences caused by incorrect sigops counting in block signature operations, abnormal transparent transaction signature hash processing, and the risk of memory allocation amplification attacks. The Zcash Foundation stated that some of these vulnerabilities could cause Zebra nodes to accept blocks rejected by zcashd, leading to chain forks. If not updated in time, nodes may face risks such as interrupted block discovery, consensus forks, and amplified resource consumption, and there are currently no alternative mitigation solutions.

A U.S. court has issued an injunction against Arbitrum DAO, prohibiting the transfer of approximately $71 million in ETH assets frozen following the KelpDAO hacking incident, according to PANews. The plaintiffs intend to use these assets to execute unpaid judgments related to terrorism and kidnapping cases involving North Korea over the years. The court has classified Arbitrum DAO as a 'partnership organization' that can be held accountable, highlighting the emergency action capabilities of its Security Council. Members who refuse to comply may face legal consequences such as contempt of court. Market observers suggest this case could become a significant example of the U.S. judicial system directly influencing DAO governance, underscoring the compliance pressures faced by DeFi protocols.

A Dragonfly partner recently shared his views on the crypto space on the Miles Deutscher Finance podcast, providing an in-depth analysis of where retail investors are going, why institutional investors dominate, the true nature of Bitcoin, and quantum risks.

Once payments become faster, cheaper, and globally interconnected, stablecoins will open up not just a new market, but a whole new world whose boundaries are still unclear today.

While everyone is closely watching the US crypto boom, emerging markets are quietly embarking on the next phase of the industry's development.

At the Gabelli Foundation’s 17th Annual Value Investing Conference, several senior Berkshire researchers proposed several acquisition ideas for Abel.

Following the release of financial reports by tech giants, Sister Mutou's investment portfolio saw a flurry of activity.

This week, 16 blockchain startups raised a total of $270.6 million. Sodot raised $100 million from MoonPay in a mergers and acquisitions (M&A) funding round, the largest funding round this week.

美国中部时间5月2日周六，投资界的年度盛会——伯克希尔·哈撒韦公司2026年股东大会在奥马哈举行。

Berkshire's authority will no longer rely on personal charisma, but will be built on a more diversified operating system.

While everyone else is still focused on Indonesian e-commerce, Thai tourism, and Singaporean finance, a group of Chinese AI entrepreneurs have quietly turned their attention to Vietnam.

Hyperliquid, prediction, polymarket, perpetual contracts: Can prediction markets win the perpetual contract race? Golden Finance: The integration of perpetual contracts and prediction market platforms seems like a natural progression.