ForesightNews

Foresight News reported that Coinbase Assets stated that based on recent reviews, trading of Galxe (GAL), Litentry (LIT), Mines of Dalarnia (DAR), Orion Protocol (ORN), and PARSIQ (PRQ) will be suspended, with the suspension time set for around 2 PM Eastern Time on May 16, 2025. The reason for the suspension of GAL, LIT, DAR, ORN, and PRQ is that these tokens have released new versions. Therefore, the original versions of these tokens no longer meet Coinbase's listing standards. Trading of GAL, LIT, DAR, ORN, and PRQ will be suspended on Coinbase (Simple and

According to Foresight News, game operating system developer PLAYTRON (previously collaborated with Sui to launch the SuiPlay handheld gaming console) announced the launch of a stablecoin for gaming called Game Dollar, supported by Sui, Bridge, and M0.

According to Foresight News, the Movement Network Foundation has announced an update stating that the foundation currently holds 8.15 billion MOVE. No one at Movement Labs, including those under investigation or suspected of misconduct, is authorized to transfer the foundation's funds. The transfer of funds must be approved by the foundation's multisignature. Funding management will be subject to stricter scrutiny until recent events are clearer.

According to Foresight News, five South Korean cryptocurrency exchanges, Upbit, Bithumb, Coinone, Korbit, and Gopax, announced plans to delist the WEMIX platform token from the blockchain platform owned by Wemade on June 2. Token withdrawals will be terminated on July 2. Affected by this news, WEMIX briefly fell 60% to 0.25 USDT and has now slightly rebounded to 0.38 USDT. The decision regarding the specific token was made by the Digital Asset Exchange Association (DAXA) of South Korea, whose members include these five platforms. DAXA believes

Foresight News reports that Arthur Hayes stated, "The most asked question I have been receiving lately is, when will the alt season arrive? The answer is sometimes it is right in front of you. HYPE." Additionally, Arthur Hayes's accompanying image shows that the HYPE price has broken through 20 USDT, with a 24-hour rise of 2.47%.

Foresight News, Tether released its first quarter 2025 report, as of March 31, 2025, Tether's total exposure to U.S. Treasuries (including money market funds and reverse repo agreement indirect holdings) hit an all-time high of nearly $120 billion, recognizing a quarterly operating profit of more than $1 billion. In addition, USDT circulation increased by about $7 billion in the first quarter, and about 46 million new USDT wallets were added, an increase of 13% quarter-on-quarter.

The crypto venture capital firm dao5 has announced the completion of its second-phase fund raising of $222 million, primarily attracting family offices and high-net-worth individual investors. Tekin Salimi founded this firm, and its first fund has successfully invested in projects, with a current DPI of 1x. The new fund will focus on institutional applications in stablecoins, asset tokenization, and plans to invest in 15-20 early-stage projects, with LP George Lambeth being promoted to general partner.

According to Foresight News, Yu Xian, the founder of Slow Mist, stated that "there have already been three theft incidents today, two of which are related to eyewash in Telegram. Familiar accounts were hacked, and the scammers carefully set up traps based on the context of chat records. The voice messages sent were also simulated (some AI tools are now very convenient for simulating based on historical voice). One source should not be solely trusted; for matters involving funds, it is essential to establish another credible verification mechanism."

Foresight News reports that according to a post by Yu Xian, the founder of Slow Fog, "There have already been three theft incidents today, two of which are related to eyewash in Telegram. Familiar accounts were hacked, and the scammers carefully set up traps based on the context of chat records, with the voice messages being simulated (some AI tools now make it very convenient to simulate based on historical voice). One cannot rely on a single source; for matters involving funds, it is essential to establish another trusted source verification mechanism."