A whale transferred 1000 ETH to Binance after a year of hibernation

On May 9th, as per Bloomberg, a coalition of Democratic senators in the US (including Senator Chris Van Hollen from Maryland and Senator Elizabeth Warren from Massachusetts) dispatched a joint letter to the Secretary of the Treasury and the Attorney General, seeking an investigation into the linkage between Binance and the Trump family's digital asset project. The letter pointed out that the Abu Dhabi investment firm MXG completed a $1 billion investment in Binance in March through a USD-backed stablecoin under the control of the Trump family, giving rise to concerns regarding compliance risks. In 2023, Binance pleaded guilty to violating anti-money laundering regulations, and CZ has been incarcerated for four months. On May 9th, the Democratic senators just invoked the "Preventing Current Government Officials from Profiting from Crypto Projects" clause to temporarily postpone the passage of the "Stablecoin Act." The joint letter requested the Treasury and Justice Departments to offer

On May 9th, the Federal Reserve of Boston indicated that it is not advisable to adjust policies in the face of growing uncertainties. (Gold10)

On May 9th, Metis announced that the next stage of the Metis L2 evolution is set to launch on May 14th. It will commence the Andromeda upgrade, which is the first phase of the Metis ReGenesis evolution. This upgrade brings two revolutionary innovations: a fraud-proof mechanism and the migration of data availability to the Ethereum mainnet. When combined with Metis's already deployed decentralized sequencer, these updates will make Andromeda the first truly fully decentralized Layer 2 network.

Update: On May 9th, based on CME's "FedWatch" data, the likelihood of a 25-basis-point rate cut by the Fed in June is 17.1%, and the probability of no change is 82.9%.

On May 9th, Coinbase announced that its subsidiary, Coinbase Derivatives, launched the first CFTC-regulated Bitcoin and Ethereum leveraged futures trading service available 24/7 in the US on May 9th. This service is accessible to both retail and institutional users. This marks a significant milestone as it is the first time the US derivatives market has achieved round-the-clock trading, enabling users to hedge risks and seize market opportunities at any time. Coinbase also has plans to introduce perpetual contracts and will continue to offer more compliant derivatives in the future.

On May 9th, as monitored by Moonshot Listings, Moonshot has listed DUPE.