Odaily News Bitget announced a partnership with the University of Zurich Blockchain Center, which ranks third in the world in blockchain education. Bitget will sponsor the sixth international summer program "Deep Dive into Blockchain 2025" hosted by the university, providing scholarships and career development opportunities for young students interested in the blockchain field. This scholarship program is affiliated with Bitget's $10 million education project Blockchain4Youth (B4Y), which aims to make it easier for students with potential and enthusiasm to access high-quality blockchain education and broaden their development paths. Up to 10 students who meet the academic and financial aid requirements will receive full scholarships, covering course tuition, accommodation, local transportation, field visits and cross-cultural exchange activities. The course will deeply analyze blockchain from multiple perspectives such as technology, law, and economy, and is committed to cultivating future talents with an interdisciplinary vision. Bitget COO Vugar Usi Zade will also teach in person during the course, share cutting-edge practical experience, and promote the integration and development of academia and industry.

Odaily News According to the official news of Launcher Capital, AI game startup Launcher has completed a $4 million seed round of financing, led by a16z Crypto Startup Accelerator (CSX). The project aims to reconstruct the game industry ecosystem through AI and on-chain IP, lower the threshold for story creators and developers, support the rapid construction of AI-driven multi-player immersive game experience, enable users to become creators, and promote the expansion of global creativity.

Odaily News Web3 entertainment public chain project T-Rex announced the completion of a $17 million Pre-seed round of financing, with participating institutions including Portal Ventures, North Island Ventures (NIV), Framework Ventures, Arbitrum Gaming Ventures, ArkStream Capital, Mindfulness Capital, Hypersphere, SNZ Holding and Arche Fund (Coin98 Ventures). The project is positioned as a layer-one blockchain dedicated to the entertainment industry, and the funds will be used for underlying technology development and ecosystem construction.

Odaily News US President Trump has recently been caught in a public opinion storm due to crypto-related activities. It was revealed that Trump plans to hold two crypto-themed events in May: a dinner for the top 25 holders of TRUMP memecoin on May 22, and a "Crypto and AI Innovators Dinner" organized by the MAGA Inc. super PAC, with a single seat price starting at $1.5 million. This has triggered questions from many politicians, including Senator Elizabeth Warren, who believe that this move may involve an exchange of interests of "exchanging presidential privileges for business investment." On-chain data shows that 80% of the supply of TRUMP tokens is controlled by the Trump Group, and about $325 million has been transferred to internal wallets through built-in mechanisms since it went online in January. Although industry lawyer Olta Andoni believes that the token is "no different from other memecoins," Wormhole legal counsel Cathy Yoon pointed out that this raises "serious ethical issues." In response to the doubts, Trump emphasized that he "did not profit from it" and regarded the crypto industry as a strategic area of competition between China and the United States. The price of TRUMP tokens surged 50% after the dinner was announced, but Trump claimed that he had "no idea" about its valuation. (The Block)

Odaily News The Federal Reserve announced the withdrawal of regulatory guidance on banks' crypto assets and US dollar token businesses, and simultaneously updated relevant business expectation standards. The move is intended to ensure that regulatory requirements keep pace with risk evolution and further support innovation in the banking system. The announcement shows that the Federal Reserve officially abolished the regulatory letter issued in 2022, which previously required state member banks to make prior filings for proposed or existing crypto asset businesses. After the revocation, the Federal Reserve will no longer require banks to fulfill their filing obligations and will instead monitor related activities through regular regulatory procedures. Also abolished is the 2023 guidance document on the "regulatory no objection" procedure for state member banks to participate in the US dollar token business. In addition, the Federal Reserve and the Federal Deposit Insurance Corporation jointly decided to withdraw from two policy statements jointly issued by federal bank regulators in 2023 on bank crypto asset business and risk exposure. The Office of the Comptroller of the Currency has previously withdrawn from the statement. The Federal Reserve said that in the future it will work with other regulators to assess whether a new guidance framework is needed to support innovation (including crypto asset business). (Jinshi)

Odaily News ABCDE co-founder Du Jun posted on social media that ABCDE has officially stopped investing in new projects and has suspended the fundraising plan for the second phase of the fund. The original team will continue to be responsible for post-investment support and exit arrangements for existing projects to ensure that the commitments to entrepreneurs and LPs can be fulfilled conscientiously. His personal work focus will also gradually shift from financial investment in the primary market to a direction dominated by strategic investment and combined with deep incubation, focusing more on industry collaboration and long-term value creation.

Odaily News South Korean presidential candidate Hong Joon-pyo said at a press conference at his campaign office in Yeouido on the 16th that he would follow the example of the Trump administration in the United States to significantly relax regulations, promote blockchain and virtual assets to become independent industries, and introduce blockchain technology into the public sector and administrative services. Hong Joon-pyo emphasized that the virtual asset industry will become a new growth point for the South Korean economy. Hong Joon-pyo also proposed a "new industry without threshold" system, allowing new technologies and new businesses to enter the market without prior government approval. This policy is expected to provide a more relaxed innovation environment for blockchain startups. In addition, he plans to abolish the 52-hour work week in cutting-edge industries and provide more flexible labor support for technology research and development fields such as blockchain.

Odaily News British Prime Minister Starmer said that with the so-called "reciprocal tariffs" of the United States taking effect, "the world we know is no longer there." He will continue to push for an economic agreement with the United States to avoid some tariffs. In addition, he said that the British government "is ready to use industrial policies to help British companies avoid the storm." Starmer said that the UK will work to strengthen alliances with other countries and cut trade barriers to reduce the impact of "global market shocks" on the UK. (Jinshi)

1. 比特币现货 ETF 昨日总净流入 2.21 亿美元，连续三日流出后转为净流入； 2. FDUSD 已完成首批赎回，保持 1:1 足额支持； 3. 孙宇晨将在几小时后就 First Digital Trust 事件进行直播回应； 4. Mask Network 创始人回应 MASK 价格异常下跌：解决方案将在 1-2 天内公布； 5. First Digital Labs 过去 24 小时销毁 8700 万枚 FDUSD； 6. 巨鲸解除质押并向币安充值 71448 枚 SOL，价值 854 万美元； 7. 孙宇晨：“我是奥特曼”，Techteryx 不属于名下产业，若 TUSD 无法兑现或引发金融风暴； 8. 俄罗斯或允许将查获 BTC 转为国家财政收入； 9. Superseed 推出 Genesis Passport，限量纪念主网上线； 10. Treasure 因财务危机将终止游戏及 Treasure Chain 运营； 11. 加密市场板块全线下挫，BTC 跌破 84000 美元，仅 RWA 板块相对坚挺。

Odaily News In an exclusive interview with Sing Tao Daily, Justin Sun said that criminals used the reputation of Hong Kong as an international financial center to commit fraud, and hoped that the Hong Kong government would plug the loophole as soon as possible. At present, about US$460 million (about HK$3.6 billion) has been lent. Justin Sun added that Techteryx Ltd. sought assistance. When he first learned about the incident, he was very surprised and did not understand why large amounts of funds could be transferred overseas without the authorization of the principal. He explained that TUSD has 5 million users worldwide. Once it is discovered that TUSD cannot be exchanged for cash, it will trigger a major financial storm. Justin Sun also emphasized that Techteryx Ltd. is not part of his industry, and described the incident as "Godzilla is coming", "Godzilla has destroyed all the buildings in the city, and I am Ultraman (Superman) who beat Godzilla away with one palm, so I am a person who comes to save everyone." (Sing Tao Daily)