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The U.S. House of Representatives passed two Taiwan-related bills aimed at lifting restrictions on U.S.-Taiwan interactions and strengthening Taiwan's international participation. This indicates that the U.S. Congress continues to support Taiwan and counter Chinese pressure. The passage of the bills will help Taiwan expand its international space and deepen bilateral relations. After being reviewed and passed by the Senate and signed by President Biden, they will take effect officially.

The large American Bitcoin miner Riot Platforms sold 475 Bitcoins last month, marking its first large-scale dumping since January of last year, cashing out approximately $388 million. This move has drawn market follow, especially against the backdrop of Bitcoin prices recovering compared to last year and the divergence in corporate holding strategies. Does Riot's action signify a shake in the "HODL" faith?
Riot restarts Bitcoin dumping, cashing out nearly 390 million dollars in April.
Riot Platforms stated in a statement yesterday that it sold 475 Bitcoins in April this year, marking the first large-scale dumping since January 2024. Of these, 463 were newly mined that month, while 12 came from reserves, totaling approximately $388 million in cash.
CEO Jason Les stated that this

The U.S. Congress is about to hold a hearing on the regulation of Crypto Assets, but a meeting originally aimed at promoting industry legislation has now sparked a political storm due to President Trump's involvement. Democratic lawmakers criticize the Republican Party for fostering Trump's ambition to "monopolize the market" and plan to collectively walk out in protest during the hearing.
Congress hearing reveals divisions, Democrats threaten to walk out in protest
According to Politico, the chief Democratic member of the U.S. House Financial Services Committee, California Representative Maxine Waters, plans to boycott Tuesday's joint hearing along with other Democratic members. This move is seen as a strong backlash against Trump's involvement in the Crypto Assets industry.
The Republican Party released a draft of the bill, calling for cross-party cooperation and not confrontation.
Despite the Democratic Party brewing protests, the Republican side called for maintaining the dialogue mechanism of bipartisan cooperation. The chairman of the House Financial Services Committee, Republican French Hill from Arkansas.

Do retail investors really have "rational investing"? A recent study from New York University reveals the truth: "Most retail investors spend less than 6 minutes gathering information before making trading decisions." The research team quantified the online investment behaviors of individual investors and found that most people only glance at price charts and news websites to complete their research, highlighting the speculative nature of humanity.
(Most people do not plan for financial freedom at all! Economic writer reveals in a long article: Index investing cannot possibly reverse class disparities ).
Have you done your own research (DYOR)? Retail investors only spend 6 minutes researching the target before placing an order.
The research team analyzed the web click records of 8.5 million and 60,000 hours of online activity data left by retail investors using large brokerage firms from 484 American households between April and July 2007, completing this report titled "The Research Behavior of Ind

The tokenization product protocol Ondo Finance founder Nathan Allman stated in an interview on May 4 that the tokenization of real assets (RWA Tokenization) has become a major trend in the future of financial markets. He revealed that traditional institutional giants such as BlackRock, Franklin, and Goldman Sachs have already entered the market, and even U.S. stock brokers have expressed their willingness to collaborate. He mentioned that all assets will move towards instant settlement and borderless circulation in the next 10 years, and he is quite optimistic about the future development of blockchain.
Ondo turns US bonds into tokens? Nathan: To allow stablecoins to earn interest.
Allman

Tether announced the launch of its artificial intelligence platform "Tether AI," integrating Bitcoin and USDT payment functionalities to strengthen its presence in the AI field, providing users with an unprecedented decentralized payment experience. The platform supports P2P transactions, has no central server, and offers an open source SDK platform. Tether fully embraces AI, becoming an important sci-fi vision and making significant strides into the field of artificial intelligence.

Former U.S. President Donald Trump has publicly embraced the Crypto Assets and AI industries, but his close involvement with related projects alongside his family has raised increasing political and ethical concerns. Following criticism from Senator Elizabeth Warren and others, Trump not only did not back down but announced two controversial dinners to be held in May, igniting public opinion.
Trump announced a Crypto Assets and AI dinner, with ticket prices reaching 1.5 million dollars per person.
On Monday, Trump posted on his social platform Truth Social, announcing that he will host a "Crypto & AI Innovators Dinner" later this month in Washington, organized by the pro-Trump super PAC MAGA Inc. This event is seen as a political fundraising event, inviting notable figures from the Crypto Assets and AI sectors.

U.S. Treasury Secretary Scott Bessent stated at the Milken Institute Global Conference on May 5 that AI and quantum computing are not just technological competitions, but are core strategies concerning the future fate of the United States. He also pointed out that China's advancements in the field of AI have caught up with the U.S., and one of the key focuses of the Trump administration moving forward is to combat Chinese intellectual property (IP) theft.
AI and quantum are the battles for national destiny; the United States cannot afford to lose.
Besant stated bluntly: "We must win in AI and quantum computing; if we lose, everything is meaningless."
He pointed out that China is quickly catching up, and while this is natural, he still believes that the United States will maintain its leading position.
He does not want the government to select the technology winners, but rather to create an environment that gives entrepreneurs the opportunity to succeed, while protecting intellectual property rights through policies.

The significant appreciation of the Taiwan dollar has attracted attention, and the Taiwanese life insurance industry is facing difficulties due to large exposures in overseas assets, with hedging costs reaching 450,000 TWD per million USD. The Financial Supervisory Commission has requested the life insurance industry to assess forex risks and plans to hold a meeting to discuss response strategies. The Taiwanese life insurance industry holds over 767 billion USD in overseas assets and must deal with USD exposure risks. Meanwhile, life insurance companies are required to evaluate the impact of forex risk and management measures.

Eric Trump, son of former US President Donald Trump, delivered a speech at the Token 2049 conference held in Dubai, promoting his own financial project "World Liberty Financial" and the stablecoin "USD1", while publicly criticizing the traditional banking system as "outdated and corrupt". He stated: "Crypto Assets will replace large banking institutions, causing them to be eliminated by the times."
The conversation focuses on "breaking financial hegemony", and WLF was born for this purpose.
Eric Trump opened by stating that blockchain will not only fundamentally change the world, but WLF was also born to address the long-standing issues of the financial system. He revealed:
Opacity: Large banks only serve the elite at the top, operating in an internal black box.
Inaccessible: 1.4 billion people worldwide still cannot access financial services.
Low efficiency in cross-border transactions: In many countries, the handling fees for payments in USD can reach up to

After undergoing internal discussions and external controversies, ChatGPT developer OpenAI announced the cancellation of its plan to fully transform the organization into a for-profit company. In the future, it will maintain a structure led by a nonprofit organization while transforming the for-profit business sector into a public welfare enterprise. CEO Sam Altman emphasized that this will not affect the company’s ability to continue raising substantial funds for the development of artificial intelligence.
Plan Reversal: Maintain Non-Profit Structure, Transform into Public Welfare Enterprise
OpenAI announced today through its official blog that it will abandon plans to fully or partially transform the organization into a for-profit company, and instead will only transform its current for-profit business division into a "Public Benefit Corporation (, abbreviated as PBC)," which will continue to be controlled by the original non-profit organization.
4 facts about our

On May 5th, the U.S. Congress released a discussion draft of the "TBAA Act," which categorizes crypto assets for legislation and defines how SEC and CFTC should regulate them. The draft also proposes clear regulations on topics such as Decentralized Finance, stablecoin, digital asset exchanges, and self-custody rights, aiming to further ensure Compliance for the U.S. crypto industry.
TBAA Bill Timeline and Key Context
The official document number for this draft is "TBAA.XML", which was edited and submitted by the U.S. House Committee on Financial Services in early May 2025, and is currently in the discussion draft stage.
The image is the cover of the TBAA draft document which states that Bitcoin and Ethereum may be classified as digital commodities.
The TBAA bill clearly defines "digital goods" (Digital

A research team from Dartmouth College ( developed an AI chatbot named Therabot and published their findings in the New England Journal of Medicine. The study found that the psychological counseling effects of the AI chatbot are significant and can help address the shortage of mental health professionals. However, it also acknowledges that AI psychotherapy still carries risks and requires close supervision and involvement from mental health experts.
Therabot's AI chatbot has significant effects in psychological counseling.
In an eight-week trial, 106 participants with depression, anxiety, or eating disorders interacted with Therabot through a smartphone application, entering prompts about their feelings or initiating conversations when they needed to talk. The results showed:
Reduction of symptoms in depression patients by 51%

U.S. stocks fell, the Taiwan dollar surged, and MicroStrategy bought more Bitcoin. The S&P 500 index dropped, and the exchange rate of the New Taiwan Dollar against the U.S. Dollar saw the largest increase in nearly 30 years, prompting a response from the Central Bank. MicroStrategy announced the purchase of an additional 1,895 Bitcoins, holding a total of 555,450 BTC. Overall, this reflects the trends of falling U.S. stocks, soaring Taiwan dollar, and Bitcoin investments.

Recently, Ethereum founder Vitalik Buterin outlined a series of blueprints in an article, aiming to steer Ethereum towards minimalism, with the goal of structuring a blockchain as simple as Bitcoin. They even considered setting a maximum limit on the number of code lines. Simon Kim, CEO of the venture capital firm Hashed, gave a positive evaluation of Ethereum's minimalist proposal, stating that these upgrades would not affect the coin price tomorrow but would provide support for the next decade. He also specifically discussed the significance of the upgrade.
(Vitalik proposed a minimalist Ethereum development blueprint to reduce technical debt and lower the development threshold)
Ethereum Minimalism Aligns with Simple Paradox
Simon Kim introduces the "simple paradox" at the beginning of the article, where most innovative technologies start out simple but become increasingly complex over time. When the complexity reaches its limit, they tend to move back towards simplicity.

In the past two trading days, the New Taiwan Dollar has appreciated significantly against the US Dollar by nearly 7%, with the latest single-day increase reaching 2.5%, shocking the forex market. However, amidst such dramatic fluctuations, the Central Bank of Taiwan has chosen to stand pat, showing no significant intervention actions. Is there a complex struggle of geopolitics and international trade behind this? International media Bloomberg has put forward its analysis:
Forex Shockwave: New Taiwan Dollar Surges to Two-Year Highest Pump
According to Bloomberg reports, the New Taiwan Dollar surged nearly 7% in two days, marking the largest single-week increase in two years, with a daily increase reaching 2.5%. This wave of pump caught the market off guard and raised questions about why the Central Bank of Taiwan did not intervene in a timely manner. In the past, when faced with such fluctuations in the exchange rate, the Central Bank of Taiwan usually stepped in to stabilize, but this time it remained unusually silent.
U.S. factors emerge: Is the exchange rate becoming a potential bargaining chip?
Market analysis indicates that Taiwan and the United States are negotiating a bilateral trade agreement.

According to Dune data, Axiom has captured 63% of the market share in the Solana meme coin trading market outside of (Telegram Trading BOT ). This trading platform, supported by the renowned incubator Y Combinator, seems to be reshaping the competitive landscape of the meme coin trading market. However, the developer Guangguang revealed that he initially thought Axiom's product was good and wanted to assist in development for free. But the attitude of Axiom's CEO shifted from being willing to pay for his contributions to both sides becoming adversaries.
( Former TikTok engineer founded Axiom to create trading BOTs, earning millions of dollars, second only to Pump.Fun )
Developers complain about the Axiom team being passive.
According to Guangguang's article, he initially felt that the product details of Axiom were very well done, and he happened to be developing it himself.