Trump Directs Fed to Evaluate Granting Cryptocurrency Firms Main Account Access

8Qef2u, the largest $ASTEROID holder on Solana, bought 10.04M $VIRL ($17.7K). This wallet already holds 25.03M $ASTEROID ($301.6K) and bought $VIRL after the official @solana account followed @virlfun.

May 20th — Last week, the highly anticipated CLARITY Act officially cleared review by the U.S. Senate Banking Committee, taking a concrete step toward implementation. Earlier this week, Patrick Witt, a key digital asset advisor to Trump, dropped a major announcement that the "U.S. Bitcoin Strategic Reserve Plan" is expected to be unveiled in the coming weeks. Additional news includes the SEC potentially introducing an "Innovation Exemption" for tokenized stocks, paired with today’s signing of a crypto-friendly executive order by Trump. The Trump administration has recently been doubling down on its support for cryptocurrency. BlockBeats analysts argue Trump’s primary motivation likely stems from pressure over the upcoming U.S. midterm elections. Historically, the president’s party tends to lose ground in midterms; current forecasts signal Democrats may retake the House, with Republicans only holding onto the Senate. As such, Trump is scrambling to win over young, tech-savvy, and liber

May 20th update from SlowMist: Several high-profile npm packages—including AntV and Echarts-for-react—and the Python SDK durabletask have fallen victim to the Mini Shai-Hulud supply chain attack. SlowMist’s recommended mitigation steps: - Immediately rotate all your public GitHub, npm, PyPI, and cloud credentials. - Replace affected npm/PyPI packages with verified secure versions, or lock in your dependency versions to avoid further risks. - Isolate any systems that may have been breached, and investigate for cases of credential theft or lateral movement. - Apply security patches to your CI/CD pipeline and review any intrusions into artifacts post-breach. Additional best practices to follow: - Enable real-time monitoring and alerts for suspicious token or key activity. - Roll out stricter dependency review policies and regular supply chain risk checks. - Train teams to verify a package’s authenticity before installing it. - Monitor the dark web and underground markets for any leaks o

As of May 20, monitoring from Hyperinsight shows SpaceX’s IPO is in the final countdown to its listing, with the market widely anticipating it will set a new record for the largest IPO ever. Among SpaceX-related pre-IPO contracts, one early strategic investment has already generated a 760% return. A strategic investor using the wallet address 0x258 opened a 2x-leveraged long position right after the SPACEX/USDH trading pair (hosted by Ventuals) launched on Hyperliquid. Their average entry price was roughly $445, which translates to a $4.45 trillion valuation. The initial outlay for this position was just $31,500; as of press time, the position has a floating profit of $239,700—an over 760% return. Notably, this same wallet also made significant gains from longing Anthropic 110 days ago. Additionally, on the recently launched SPCX/USDC trading pair (hosted by trade.xyz) on Hyperliquid, the largest long position holder—wallet 0x4e2—opened a 5x-leveraged long position of 16,540 unit

On May 20th, South Carolina’s governor signed Senate Bill 163 (S.163), a piece of legislation designed to safeguard Bitcoin self-custody rights, ban discriminatory taxation targeting Bitcoin, and grant legal protection to proof-of-work (PoW) mining operations within the state. The bill marks the latest step in a growing trend across U.S. states to clarify clear legal frameworks surrounding Bitcoin holding, utilization, and mining activities.

Per an official statement issued May 20, Binance will conduct wallet maintenance for the Ethereum (ETH) network at 14:00 UTC+8 on May 21, 2026. To support this maintenance, Binance will pause all Ethereum (ETH) deposits and withdrawals starting at 13:55 UTC+8 on May 21, 2026. The maintenance is expected to take 1 hour, and deposit and withdrawal services will automatically resume once the work is completed.