Singapore's largest money laundering case suspect Wang Shuiming may be extradited to China, with his accomplice being the mastermind behind the Hong Kong crypto platform scam AAX.

May 20: Bitget Launches USDGO Holding & Earning Event Users don’t need to stake or lock up their assets—they only have to hold USDGO in their spot or contract account to automatically earn rewards. The platform settles rewards daily, with distributions tiered by VIP level for a maximum APR of 4.3%. The event also includes a "Slippage Subsidy Mechanism": users can swap USDT for USDGO (and vice versa) via instant exchange, hold USDGO for at least 14 days, and receive a subsidy to cover slippage from exchange rate fluctuations, enabling a zero-slippage exchange experience. The holding reward calculation period ends June 16 at 00:00 UTC+8. For full details, visit the official Bitget platform. USDGO is issued by Anchorage Digital Bank N.A.—the first federally chartered crypto bank in the U.S.—and operated and distributed by OSL Group (HKEX: 863.HK). This stablecoin is pegged 1:1 to the U.S. dollar and operates within a compliant regulatory framework. Bitget CEO Gracy Chen noted t

May 20th update: Official sources confirm the Federal Reserve will release the minutes from its monetary policy meeting at 2 a.m. Beijing Time on May 21. NVIDIA is set to unveil its Q1 FY2027 earnings report after U.S. stock markets close (4 a.m. Beijing Time) and will host an earnings call—these developments are likely to spark market volatility.

On May 20, per GMGN’s monitoring, the Base ecosystem token GITLAWB surged 30% in under an hour, peaking at a $37.5 million market cap. As of now, it’s trading at a $36.6 million market cap, with a nearly 39% 24-hour gain and roughly $3.3 million in trading volume over that period. BlockBeats notes that on-chain transactions are highly volatile, heavily driven by market sentiment and concept-based speculative trading. Investors are strongly advised to be fully aware of the associated risks.

May 20 Market Alert: Per Coinbob Popular Address Monitor, Brent Crude Oil Futures (2607) has rallied more than 15.6% from its May 7 low, reaching $109.8 per barrel. On the Hyperliquid platform, the BRENTOIL contract is currently priced at $105.37, with an approximate daily trading volume of $128 million. This rebound allowed a $16 million on-chain BRENTOIL long position to hit break-even today. The whale behind this address has significantly reduced its holdings over the past two hours: its contract count dropped from 151,057 to 99,716, cutting the position by roughly $5.44 million. The average entry price for this whale’s contracts stands at $103.34, leaving a remaining position valued at about $10.5 million. Wallet Address: 0x7f5ff9f8da891ffe5229e33b90959ae1e6d5f47e

May 20th – Per Bybit’s official announcement: The crypto platform is rolling out two new perpetual contracts today: Cisco (ticker: CSCOUSDT) and Rocket Lab (ticker: RKLBUSDT), both with up to 10x leverage available. Cisco is a world-leading network equipment giant, while Rocket Lab is a prominent player in the fast-growing commercial space industry – these assets directly tap into today’s biggest market trends. Enjoy our limited-time fee deal: Maker fees are set at 0%, and Taker fees get a 50% discount for a restricted window.

On May 20, South Carolina Governor Henry McMaster signed S. 163 into law, updating the state code to create a more favorable environment for cryptocurrency users and businesses. The new legislation prohibits any restrictions on individuals or businesses accepting digital assets as payment for goods and services, or using self-hosted wallets or hardware wallets for self-custody of crypto. It also exempts payments made with cryptocurrency from additional state or local taxes. A key provision of the bill takes an anti-central bank digital currency (CBDC) stance: it bars all state agencies, commissions, departments, and political subdivisions from accepting or requiring CBDC payments, as well as from joining any Federal Reserve-led tests of similar government-issued digital currencies. The law also offers strong support for cryptocurrency mining, preventing local governments from restricting mining operations in industrial zones or imposing specific noise limits on miners beyond area-wi