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$RDAC is being explored as a mechanism for decentralized reputation scoring systems, where individuals and entities build verifiable trust based on their actions across various platforms. In contrast to traditional credit or rating systems that rely on centralized data providers, a $RDAC-based model gives users control over their reputation and its visibility. Reputation data—such as successful transactions, collaboration history, or community feedback—can be logged securely and immutably. Users earn or lose $RDAC depending on the credibility of their behavior, incentivizing accountability and positive engagement in both social and commercial environments. These scores can then be portable across ecosystems, allowing people to carry their earned trust from one platform to another, reducing the friction of starting over in new communities or services. The transparent and programmable nature of $RDAC also allows for customizable reputation frameworks depending on the context. This approach offers a fairer, user-owned alternative to opaque scoring models and could play a key role in improving trust and cooperation in decentralized digital environments.

US Lawmakers Continue Discussion on Senate Stablecoin Bill, Negotiations “90% Complete” Negotiations on the U.S. Senate's stablecoin bill, the GENIUS Act, have made significant progress, with people familiar with the matter saying the two sides have reached a consensus on 90% of the terms. The remaining differences are mainly focused on the ethics of special government employees (including Musk) and the standard requirements for listed companies to issue stablecoins. According to the latest draft, stablecoin issuers must maintain 100% of U.S. dollars or other highly liquid assets as reserves, and projects with a market value of more than $50 billion must undergo annual audits. The bill also contains relevant provisions for foreign issuers operating in the United States. Although the vote to end the debate procedure failed as planned on Thursday, the Democratic Party has sent positive signals. A source said: "We are willing to support the motion to end the debate, but we need the Republicans to guarantee that we will continue to negotiate the remaining 10% of the differences." Last week, due to the collective opposition of the Democratic Party, the bill failed to enter the debate process. The main disputes involved anti-money laundering standards and foreign issuer supervision. Mark Hays, a policy analyst at the Financial Reform Organization, pointed out that although the current draft covers special government employees such as Musk, it does not address the issue of President Trump's stablecoin business connection with the decentralized financial platform World Liberty Financial. Analysts believe that the next week will be a critical window period. If the two sides can eliminate the remaining differences, the probability of the bill passing will increase significantly. (The Block)

SEC is investigating whether Coinbase misreported its user numbers According to the New York Times, shortly after US President Trump took office, Coinbase (COIN.O), the largest cryptocurrency exchange in the United States, received good news: the U.S. Securities and Exchange Commission (SEC) withdrew the lawsuit accusing it of illegally promoting digital currencies to the public. But this is far from the end of the company's legal disputes. According to four people familiar with the matter, the SEC is investigating whether Coinbase has falsely reported the number of users in past disclosure documents-an investigation that began in the Biden administration and is still continuing during Trump's tenure. The previously undisclosed investigation focuses on Coinbase's claim of having more than 100 million "certified users" in securities filings and promotional materials. The data appeared in the 2021 listing documents, but the company stopped citing it two years later. Two people familiar with the matter said that Coinbase has continued to communicate with the SEC this year and hired Davis Polk to assist in responding.

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Eric Trump, son of US President Donald Trump, declared that a global rush to accumulate Bitcoin is underway. At the Consensus 2025 conference in Toronto on May 15, he emphasized the widespread interest in Bitcoin, stating, “Everybody in the world is trying to hoard Bitcoin right now.” “I’m traveling. I’m on a plane. Everybody in the world is trying to hoard Bitcoin right now. Everybody. I hear it from sovereign wealth funds. I hear it from the wealthiest families. I hear from the biggest companies.” The comments came from a panel featuring Trump and Asher Genoot, CEO of Bitcoin mining company Hut 8. His more immediate future outlook is in the form of two races he sees currently taking place in the Bitcoin space: the race to buy Bitcoin and mine. Eric Trump is not only talking about Bitcoin; he’s building a business empire around it. His company, American Bitcoin, entered a deal to merge with Gryphon Digital Mining on May 12. The deal, structured as an all-stock exchange offer, will merge two powerful mining companies into a combined entity that the two companies said will be publicly listed on the Nasdaq later this year. American Bitcoin is a unit of Hut 8, one of North America’s largest cryptocurrency mining companies. The merged company will become one of the biggest Bitcoin miners in the United States. Trump, who co-launched American Bitcoin alongside his brother, is bullish on the space. They aim to make American Bitcoin a conduit for people and institutions to invest in Bitcoin, largely through the US-regulated stock markets. After the news, Gryphon shares rose over 200%, while Hut 8 shares also went up. Analysts observe that this is a smart play leading up to the next Bitcoin halving cycle and follows a continuing surge in corporate interest in crypto mining. The deal is scheduled to close in the third quarter of 2025. But not everyone is cheering. The uncloaked investment of the Trumps in the crypto world has raised the government’s scrutiny — particularly among Democrats on Capitol Hill. Critics are concerned about conflicts of interest and potential political power over the digital asset market. A few Democrats have demanded that the family’s crypto bets be investigated. They include meme coins, such as $TRUMP and NFT collections, mining companies, and even stablecoin projects that are said to have the fingerprints of companies with ties to the Trump family. House Democrats stormed out of a bipartisan hearing on digital assets earlier this month, complaining that Republicans ignored allegations of possible ethics lapses by the President’s inner circle. A group of Senate Democrats issued a plea to President Trump on May 13, asking him to divest himself of all assets in cryptocurrency, even including a stablecoin project backed by hard assets. They maintained that such links involve leveraging his presidency for personal gain, potentially opening himself up to foreign influence, and operating in an industry he has immense power to deregulate. It marries Trump’s unscrupulous business tendencies with an industry that is notorious for fraud, scams, and a lack of transparency. It may also become the most lucrative business he’s ever been involved in. The group State Democracy Defenders Action estimated in a new report that the president’s crypto holdings now represent nearly 40% of his net worth — or approximately $2.9 billion. Lawmakers also forced the postponement of a bipartisan bill on stablecoins, with a second vote likely to be pushed for the case before the end of May. President Trump recently ordered the establishment of a US Strategic Bitcoin Reserve , an order that shocked the world of politics at home and abroad. Some welcomed it as forward-looking, but critics derided it as little more than a thinly veiled attempt to promote family investments. Even in the face of this pushback, the administration has still attempted to position itself as crypto-friendly. The family’s direct influence on the sector indicates that Bitcoin may also play a central role in future economic and political discussions. KEY Difference Wire helps crypto brands break through and dominate headlines fast