China-US Economic and Trade High-Level Talks Will Continue
On May 10th, the high-level economic and trade consultations between China and the US were held in Geneva, Switzerland. BlockInfo learned that after lunch, the high-level economic and trade consultations between China and the US continued. (BlockInfo)
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Mirai Presale Ends Early, Raises Nearly $13 Million
May 10th. The on-chain virtual influencer MIRAI announced that the Mirai token presale had ended prematurely. The team stated, "The amount raised has significantly exceeded our initial target." The team intends to refund the excessive funds.
On-chain data indicates that the Mirai presale address has received 76,423.42 SOL, which is approximately equivalent to 12.95 million US dollars.
Mirai is jointly launched by Aww Inc. and Holoworld AI. Aww Inc. is a company that integrates virtual humans with artificial intelligence to bring out human potential. Its virtual idol imma is extremely popular in Japan.
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Three Florida Teens Kidnap Cryptocurrency Event Organizer, Steal $4 Million in Crypto
May 10th. Three teenagers from Florida have been charged with gunpoint kidnapping a man. They took him to a remote desert area about an hour outside of Las Vegas and stole $4 million worth of cryptocurrency and other digital assets. Records show that Belal Ashraf and Austin Fletcher, both 16 and from Pasco County, along with another teenager, face charges including robbery, kidnapping, and extortion. A juvenile court judge had previously determined that Ashraf and Fletcher should be treated as adults.
During Friday's Fletcher's probable cause hearing, prosecutors stated that the third teenager is no longer in the United States. The prosecutors also said that these individuals are accused of stealing $4 million worth of cryptocurrency and NFTs. According to the documents, last November, a man reported that three youths had kidnapped him at gunpoint, taken him to a remote desert area, and stolen millions of dollars in assets from him.
Police said that evening the victim had attended a
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Trump: India and Pakistan Agree to Immediate, Full Ceasefire
On May 10th, U.S. President Trump said, "After a long night of the United States' mediation, I am glad to announce that India and Pakistan have reached an agreement to implement a comprehensive and immediate ceasefire. Congratulations to both countries for showing common sense and great wisdom. Thank you for your attention to this matter!"
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Due to the resurgence of altcoins, investors' perception of cryptocurrency is quickly changing.
This Wednesday, on May 10th, New Hampshire passed a bill this week, enabling the state to establish a strategic Bitcoin reserve. A day after that, Arizona also passed legislation in support of cryptocurrency reserves. As the November election approaches, the momentum at the state level indicates that political leaders are paying more attention to digital asset policies.
Recently, President Trump's optimistic remarks regarding the upcoming US-China trade negotiations have alleviated market anxiety. These remarks are in line with a new trade agreement signed between the US and the UK, which will eliminate reciprocal tariffs and reduce tariffs on US goods, further boosting confidence in the stock and crypto markets.
Analysts state that the recent trends suggest a decisive departure from the depressed price action that affected altcoins in March and April. "Traders believe that the crypto industry may have finally found a new impetus as a hedge against market uncertainty," said Nick Ruck
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DeFi platform Zaros to Cease Operations Due to Fund Depletion
On May 10th, the DeFi platform Zaros announced that it would cease project operations due to the exhaustion of funds. "During the past five months, we have made every effort to explore every possible path, including transformation, extending the funding timeline, and evaluating strategic options. Despite the team's tremendous endeavors, we no longer have the funds to continue driving this project forward."
The team encountered many problems, such as launching the entire product at one time instead of implementing modular releases and the timing of the token launch.
BlockBeats previously reported that on May 23, 2024, the DeFi platform Zaros completed a $1.8 million financing round, with the participation of SNZ Holdings, Seven Capital, Cogitent Ventures, DCI Capital, Antony Sassano, Fernando Martinelli, Kieran Warwick, Andy Chen, and Kevin Lu, etc. Zaros aims to enhance perpetual futures trading by using Liquid Stake Token (LST) and Liquid Restake Token (LRT).
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