Prime Minister of Pakistan: Will continue to earnestly advance peace, hoping to host the next round of talks soon
May 24 — Pakistani Prime Minister Shabaz extended congratulations to U.S. President Donald Trump for his extraordinary efforts toward peace. Army Chief of Staff General Munir represented Pakistan during a phone call with Trump, per Pakistani official statements. Pakistan reaffirmed its commitment to carrying out peace efforts with the utmost sincerity and expressed hope that it will soon host the next round of talks.
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Several institutions have "clustered" at 1155 F Street in Washington D.C., turning it into the de facto lobbying "command center" for the U.S. cryptocurrency industry.
On May 24, multiple key crypto institutions are based at the 1155 F Street building in Washington, D.C. Notable tenants include Coinbase, DCG, the Blockchain Association, and Injective on the third floor, while the 10th floor houses the Solana Policy Research Institute, Hyperliquid Policy Center, and the DeFi Education Fund. Additionally, venture capital giant Paradigm is also moving into the facility.
According to reports, the building has seen visits from White House officials, Capitol Hill staffers, state lawmakers, and congressional candidates seeking crypto policy support. All in all, 1155 F Street has emerged as the de facto "lobbying command center" for the U.S. cryptocurrency industry.
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Trump Calls US-Iran Agreement 'Basically Done,' White House Reports Gunfire Again, Oil Price Plunges, Bitcoin Sees V-Shaped Recovery
May 24. Even on the weekend, a flurry of overnight and early-morning news has roiled markets: Trump announced the U.S.-Iran deal is "basically agreed." The New York Times reported Iran has signed onto a memorandum of understanding (MOU) including halting all fighting on fronts like Lebanon, reopening the Strait of Hormuz, lifting the U.S. naval blockade, allowing unimpeded commercial traffic, and releasing $250 billion in frozen Iranian assets. Nuclear-related issues will be negotiated over the next 30 to 60 days.
Notably, the deal isn’t just one-sidedly optimistic from the U.S. side—Iran also expressed full optimism about the talks last night, making the agreement more credible.
Just hours after that news, the White House was hit by a shooting, prompting a lockdown. The suspect died at a hospital.
Crude oil plummeted rapidly as a result: Bitget data shows Brent crude fell from $102 to $94.2.
Bitcoin, meanwhile, staged a V-shaped rebound after bottoming above $74,000. It’s now trad
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Aave Founder: Revenue-Oriented Strategy to Continue Over the Next 12 Months
May 24 — Aave founder Stani Kulechov has reaffirmed the protocol’s “revenue-focused” strategy, stressing that revenue is essential to the long-term sustainability of decentralized finance (DeFi). Data shows Aave V3’s revenue has significantly outpaced that of other lending protocols over the past 12 months.
Looking ahead to the next year, Kulechov outlined Aave’s strategic priorities: diversifying revenue streams, boosting profit margins via the GHO stablecoin, and evolving the Aave App into a distribution layer controlled by AAVE token holders. These initiatives are aimed at further strengthening the protocol’s profitability and enhancing user retention, he noted.
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Gunshots Near White House, Trump Was in White House at Time, Suspect Dead
May 24 — On the evening of May 23 local time (which fell on the early morning of May 24 in Beijing), heavy gunfire erupted near the White House in the U.S., prompting a full lockdown of the presidential compound. At the time, President Donald Trump was inside the White House, law enforcement officials confirmed.
According to reports, an emotionally disturbed suspect approached a checkpoint at the intersection of 17th Street and Pennsylvania Avenue, adjacent to the White House. When officers ordered the suspect to step back, they opened fire on law enforcement personnel. The suspect was shot by responding officers and taken to a local hospital. A civilian bystander was also wounded in the crossfire. Both the suspect and the civilian are in critical condition, authorities said.
In an updated statement, the U.S. Secret Service announced the suspect later died from their injuries at the hospital. (CNN)
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Trump: Spoken with Multiple World Leaders, Basic US-Iran Agreement Reached
May 24: President Trump posted on social media that he held a "very good call" in the White House Oval Office with leaders from Saudi Arabia, the UAE, Qatar, Pakistan, Turkey, Egypt, Jordan, Bahrain, and other countries. The talks centered on the Iran issue and a peace reconciliation memorandum, he noted.
Trump said the agreement has been essentially negotiated, pending final sign-off from the U.S., Iran, and other relevant parties. Separately, his call with Israeli Prime Minister Benjamin Netanyahu was "equally very smooth," he added.
Final details of the agreement are still being discussed and will be announced shortly. Trump specifically highlighted one key part of the accord: The Strait of Hormuz will be reopened.
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