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The SEC's delay in Canary Capital's Litecoin ETF application, coupled with a call for public comments, led to a 5% drop in Litecoin's price, despite no clear rejection signal.
Quick Take Kenya’s High Court has ordered World to delete local users’ biometric data, ruling the collection violated privacy rights. The judge also barred World from further biometric data collection in Kenya.
Corporate entities are likely to continue accumulating Bitcoin over the coming years, joining the likes of Strategy, according to Bernstein researchers.
Quick Take New Hampshire has become the first state to pass a “Strategic Bitcoin Reserve” bill, according to Satoshi Action Fund founder Dennis Porter. Other states, including Arizona, Illinois, Maryland, Michigan, and Texas, are mulling similar legislation, which is largely based on a plan drafted by the pro-Bitcoin nonprofit Satoshi Action Fund.
Quick Take Bitcoin core developers said the 80-byte cap is already constantly side-stepped by spammers in a way that bloats and abuses the network. The plan received backlash for not gaining consensus and community support.
Quick Take DeFi Development Corporation bought 82,404.50 SOL, valued at around $11.2 million. The firm’s total SOL holdings now sit at 400,091 SOL, worth about $58.5 million including staking rewards, as of May 6. The purchase comes five days after DeFi Development Corp. penned a $24 million private investment in public equity deal to buy more solana.
- 09:37Sign Explaining Trump Impeachment Case Removed by US Museum: Not Due to White House PressureAccording to a report by Jinse Finance, the U.S. National Museum management agency stated on Saturday (2nd local time) that the recent removal of an interpretive sign about President Trump’s two impeachments was not due to pressure from the White House. According to AFP, the Smithsonian Institution issued a statement on the X social platform, explaining that the sign was always intended to be temporary and “did not meet the museum’s standards in terms of appearance, placement, timeline, or overall presentation.” The statement added: “It was inconsistent with other parts of the exhibition and obstructed the view of items in the display case. For these reasons, we removed the sign.” “We did not receive any requests from the government or any government officials to remove exhibition content.”
- 09:14X account @a has updated its profile to Grok humanoid companion AniAccording to ChainCatcher, the account with the handle @a on Platform X has updated its profile, changing it to Ani, the humanoid companion developed by xAI, Elon Musk's artificial intelligence company. Currently, the custom name, background image, and bio of the @a account do not show any clear official association with xAI's Grok or other products. The related information appears to be more of a personal creation rather than an official endorsement. According to GMGN market data, the market capitalization of the Ani meme coin on the Solana blockchain has surpassed $47 million, currently reported at $47.36 million, with a 62.13% increase over the past six hours.
- 08:37Satoshigallery, the Satoshi Nakamoto Statue Planner, Offers a 0.1 BTC Reward for the Recovery of the Stolen StatueAccording to a report by Jinse Finance, Satoshigallery, the organizer behind the Satoshi Nakamoto statue, announced on the X platform that they will offer 0.1 BTC to anyone who helps recover the Satoshi Nakamoto statue stolen yesterday in Lugano. Satoshigallery also addressed the thief, stating: "You can steal our symbol, but you can never steal our soul." The Satoshigallery team emphasized their determination to work together to place the statue in 21 locations worldwide. Previously, it was reported that the Satoshi Nakamoto statue in Lugano, Switzerland, was stolen. The statue was co-founded by Tether, designed by Italian artist Valentina Picozzi, and took 18 months of research and 3 months to build.