Musk asks Gork X account questions again

According to Fortune magazine, Chainalysis data shows that since the launch of Meme coin TRUMP earlier this year, its creators have earned over $320 million through transaction fees. After the first announcement at the Trump dinner, the trading activity of the Meme coin surged, and the price also rose accordingly. But the Trump family can make money without selling any memes. According to its white paper, 20% of the total supply of 1 billion TRUMP tokens is already in circulation, with half of them being invested in decentralized exchange liquidity pools. CIC Digital, a subsidiary of the Trump Organization, earns profits by charging a 0.3% commission on each transaction. Blockchain analysis company Nansen pointed out that this model does not rely on coin price fluctuations, but continuously generates profits through trading volume. Currently, 80% of the tokens are still in a locked state and belong to Trump affiliated companies. Democrats in the United States have criticized this model as a potential channel for anonymous individuals to improperly influence the president. Although Trump denied paying attention to cryptocurrency price fluctuations in an NBC interview, data shows that the transaction fees related to the Trump dinner were $1.3 million in the week when the news was announced.

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BlockBeats News: On May 6th, Vitalik published an article dividing the security of Ethereum Rollup into three stages: Stage 0: The security committee can completely veto the proof system, and control is centralized. Stage 1: Intervention requires the consent of 6/8 members, with an external member threshold and limited intervention. Stage 2: Intervene only when verifiable errors occur and cannot make arbitrary decisions. He suggested that as trust in the proof system increases, there should be a gradual transition from stage 0 to stage 2. Stage 0 has the lowest level of security and should avoid long-term stays. Rollup should at least be initiated from Phase 1, while emphasizing the audit and maturity construction of the proof system.

The newly formed Sentora aims to offer a compliant DeFi platform for sophisticated investors looking for yield, liquidity and risk management.

According to Bitcoin.com, the struggling Nigerian cryptocurrency exchange Crypto Bridge Exchange (CBEX) recently announced the launch of new withdrawal options in hopes of restoring investor confidence. According to sources, the company announced this news after facing rumors of bankruptcy. According to the new regulations, investors holding funds not exceeding $1000 on the platform must pay a fee of $100 in order to withdraw 50% of their initial funds, which are expected to be disbursed on June 20, 2025. CBEX is accused of misappropriating funds from over 600000 Nigerian users, leading the Nigerian SEC to declare the platform illegal. Despite the introduction of new withdrawal options, some users still have doubts about the true situation of the company, believing that this activation fee may be a potential scam to defraud more Nigerians of their money.