DailyNews

Odaily News The three major U.S. stock indexes remained stable, with the Dow Jones rising 0.61%, the S&P 500 index rising 0.15%, and the Nasdaq falling 0.29%. (Jin10)

Odaily News After the announcement of the Federal Reserve interest rate decision, traders continue to believe that the Federal Reserve will cut rates before July, still expecting three rate cuts this year. (Jin10)

Odaily News The US Dollar Index DXY is down 10 points in the short-term, currently reported at 99.49. (Jin10 Data APP)

Golden Finance reports that The Federal Reserve (FED) has announced that it will maintain the federal funds interest rate target range between 4.25% and 4.50%, in line with market expectations. This is the third consecutive time since January this year that the FED has kept the interest rate unchanged.

Odaily News US Treasury Secretary Basent stated that the US should become the preferred destination for digital assets. (Cointelegraph)

Odaily News Encryption detective ZachXBT disclosed information on his personal channel that over 45 million dollars were stolen from Coinbase users through social engineering eyegash last week. ZachXBT added: "In the past few months, I have reported that the funds stolen from Coinbase users through similar social engineering eyewash have reached nine figures; interestingly, other major exchanges have not experienced the same issue."

PANews, May 7 - According to crypto detective ZachXBT, over 45 million USD was stolen from Coinbase users through social engineering eyewash just last week. In the past few months, he has reported that the funds stolen from Coinbase users through similar social engineering eyewash have reached nine figures. Interestingly, other major exchanges have not experienced the same issue.

Odaily News Arbitrum community is considering lowering the required minimum voting threshold for passing proposals from 5% to 4.5% to revitalize governance activity, a move stemming from an increasingly severe governance participation crisis. Data shows that Arbitrum's governance participation has declined by 50% over the past year, while its token price has fallen by 87% from its historical peak. (DL News)

PANews, May 7 news, Coinglass data shows that in the past 24 hours, the crypto assets market experienced a total liquidation of 233 million USD across all contracts, with long orders getting liquidated amounting to 76.32 million USD and short orders amounting to 157 million USD. The total liquidation amount for BTC was 89.16 million USD, and for ETH, it was 38.95 million USD.

Odaily News Bitcoin payment application Strike is about to enter the BTC lending service Strike Lending. The company's CEO Jack Mallers disclosed that Strike plans to provide users with a way to borrow fiat currency while continuing to hold Bitcoin. It is reported that Strike Lending

During the previous Trump campaign, cryptocurrency policy advisor David Bailey raised $300 million to establish a publicly listed Bitcoin investment company, mimicking successful cases. He plans to raise $200 million through a private sale and convertible bonds.

The Singapore digital asset infrastructure service provider Safeheron has launched an open source trusted execution environment framework based on Intel SGX, aimed at enhancing the security and privacy protection of DeFi, payment services, and DAO. This framework creates a secure isolated "enclave" space to prevent external attacks and internal hardware threats, and has been adopted by some privacy blockchains. The CEO stated that the open source decision is to address the hindrance of closed systems to innovation.

PANews, May 7 news, according to Jin10 reports, US Treasury Secretary Basent stated that the demand for digital assets in US Treasury bonds will reach up to $2 trillion.

PANews May 7 news, according to Bitcoin News, the Arizona Senate approved the Bitcoin reserve bill SB 1373 and sent it to Governor Katie Hobbs for final decision.
According to previous news, the Governor of Arizona vetoed the state's strategic Bitcoin reserve bill SB 1025.

According to Jinse Finance reports, monitoring from Lookonchain shows that today, 10 U.S. Bitcoin ETFs had a net outflow of 132 BTC (approximately 12.83 million USD). 9 Ethereum Spot ETFs had a net outflow of 10,287 ETH (approximately 18.81 million USD).