FocusAI in talks to acquire South Korean exchange Flybit

On May 21st, Strategy founder Michael Saylor stated that the company's goal is to maximize the growth of the credit tool STRC, in order to expand the scale of Bitcoin purchases and increase BTC holdings per share, while also aiming to minimize volatility and uncertainty as much as possible.

Hong Kong joins forces with multiple countries to crack down on cross-border fraud, freezing 102000 accounts According to the Hong Kong Special Administrative Region News Release, the Hong Kong police, together with law enforcement agencies from 9 countries and regions including Singapore, South Korea, and Thailand, cracked down on cross-border fraud and money laundering from March 10 to May 7, arresting a total of 3018 people and involving 138000 fraud cases, resulting in a total loss of approximately USD 752 million (approximately HKD 5.89 billion). The operation froze 102000 bank accounts and intercepted approximately 161 million US dollars (approximately 1.26 billion Hong Kong dollars) in fraudulent funds. The Hong Kong police arrested 870 people and intercepted approximately 539 million Hong Kong dollars in funds. The largest case involved a Singaporean company being defrauded of 360 million US dollars (approximately 280 million Hong Kong dollars), with some funds being converted into stablecoins, and the police successfully freezing 20 million US dollars.

The London-listed company is broadening its digital asset offering after introducing spot crypto trading for U.K. retail customers last year. What to know : IG could soon offer its crypto trading across Europe, a year after introducing it in the U.K. IG, which introduced financial spread betting to the U.K. in the 1970s, has 1.3 million clients globally.

According to on chain analyst Ai Yi's monitoring, a smart money trader on Binance contract lost $1.98 million within 24 hours, ranking first on the loss chart. Among them, ZEC suffered a floating loss of $1.15 million in short positions, with an opening price of $410.66; HYPE has a floating loss of 789000 US dollars on short positions, with an opening price of 42.49 US dollars; BTC short position floating loss of $158000, opening price of $76400; ETH has a floating profit of 124000 US dollars on a short position, with an opening price of 2232.28 US dollars.

According to Onchain Lens monitoring, a giant whale (0x082... a88) has been holding HYPE 5-fold leverage multiple orders since December 5, 2025, with a floating loss of over $260 million at one point and a current floating profit of over $274 million. The address currently holds 138 million HYPEs worth $810 million.