Data: Over the past week, CEX net outflow exceeded 15,000 BTC

On May 23rd, according to Coinglass data, the total open interest of Bitcoin futures contracts across all exchanges reached 724,350 BTC (approximately $80.64 billion), reaching a new record high. Among them, the open interest of Bitcoin futures on CME was 164,060 BTC (approximately $18.26 billion), ranking first. The open interest of Bitcoin futures on Binance was 121,870 BTC (approximately $13.57 billion), ranking second.

On May 23rd, as per official channels, Cookie has declared the commencement of the first Cookie Snaps event in partnership with Spark. Currently, everyone is eligible to participate and begin accruing Spark SNAPS. Cookie AI will examine each post related to Spark and bestow and assess SNAPS in accordance with Spark's market share, engagement level, loyalty, and narrative-related criteria.

On May 23rd, as reported by The Block, the hardware wallet manufacturer Ledger has launched a Solana-specific edition of its latest Ledger Flex device. This touchscreen wallet will have a Soulbound token pre-installed in it, and it may offer rewards in the future.

On May 22nd. According to The Block, the analysts at JPMorgan Chase stated that although there is a gradual progress in the US stablecoin regulatory framework, the market's expectation that the total supply of stablecoins will increase by three to four times from the current level of approximately $240 billion to close to a trillion dollars within the next one to two years is "overly optimistic." Among the two stablecoin bills proposed in the US, namely the Senate's GENIUS Act and the House's STABLE Act, the former currently enjoys more support. Just earlier this week, the Senate voted to move forward the GENIUS Act.

On May 22nd, FOX Business reporter Eleanor Terrett declared that French Hill, who is the Chair of the U.S. House Financial Services Committee, has arranged for the House cryptocurrency market structure bill to be considered on June 10th.

On May 22nd, according to official channels, Believe has announced that they are carrying out platform optimizations to enhance security and credibility. Here are the details: 1. Due to the substantial increase in non-project tokens, the release of projects on the X account @launchcoin will be temporarily halted. Developers can submit their projects through the official website, and all projects will be reviewed manually and released selectively. 2. The "Verified" label will replace the "Featured" label. This indicates that the project team has had basic communication with us and has demonstrated an attitude of integrity construction. Although this does not represent full approval, we will make our greatest efforts to conduct reviews. These adjustments will be implemented today and will continue to be iteratively optimized in the future.