1. Strategy: Probability of selling Bitcoin this week rises from 11% to 30% from today's low;2. Some banks in Hong Kong are tightening account openings for investment accounts, temporarily having no impact on savings accounts;3. Yuga Labs: Head of ApeCo to depart, ApeChain core tech and BD teams shift to direct collaboration;4. Polymarket launches "Trump $250 banknote to be officially issued within the year";5. 157 government/corporate websites and well-known apps become "springboards" for porn, hacker uses crypto to conceal illegal gains, sentenced;6. Opinion: The market still underestimates the Fed's potential tightening policy;7. Predict.fun launches "CXMT IPO: Closing Market Cap Ranking on Day One";8. Bit Digital CEO: Added to ETH position, it's my responsibility to make smart capital allocation decisions for clients.

Odaily Yuga Labs CEO Michael Figge announced on X that the team will implement several adjustments to ApeCoin. Previously, due to regulatory uncertainty, Yuga Labs and ApeCo adopted a parallel coordination model, which resulted in lower efficiency. As the regulatory environment evolves, the team has decided to simplify the structure and eliminate the independent ApeCo lead role. ApeCo Lead Cam will depart, while the ApeChain core technology and BD teams will collaborate directly with Yuga Labs. Certain other team members will also be leaving, with the transition set to be completed by June 5.

According to Odaily, as risk appetite in the crypto market recovers, the "Bored Ape" BAYC is experiencing a significant rebound, with market expectations for a recovery in the NFT sector heating up accordingly. Over the past month, its floor price has doubled from approximately 5 ETH to 10 ETH, while trading volume for the ecosystem token ApeCoin has also notably increased. Market analysts believe this rally is linked to renewed capital flows into high-risk assets, with recent memecoins and other high-beta assets outperforming defensive sectors like DeFi, signaling a rise in retail risk appetite.Yuga Labs' new CEO, Michael Figge, stated that blue-chip NFTs had been "oversold," with prices showing a clear divergence from user activity. He added that the current uptick is more of a market correction, as the number of actual NFT holders hasn't doubled in tandem, indicating that this cycle is primarily driven by valuation recovery. (CoinDesk)

Odaily News: Renowned developer and Yuga Labs Vice President 0xQuit posted on X, stating that the situation at Aave is dire and worsening. Multiple liquidity pools have reached 100% utilization, leaving depositors "locked in" and the protocol facing the risk of further bad debt... If the ETH price falls and Aave is unable to liquidate effectively (which is currently the case), it will ultimately lead to inefficient liquidations, resulting in more bad debt. If the issue is not resolved quickly, this situation could snowball.

1. Iranian media: The Strait of Hormuz has been completely closed;2. Fed's "whisperer" Nick Timiraos: "Vast majority" of officials believe inflation may ease slower than expected;3. Ethereum Foundation has sold 3,750 ETH at an average price of approximately $2,214;4. Polymarket completes acquisition of Brahma, expanding crypto and DeFi infrastructure;5. Pharos completes $44 million Series A funding round;6. South Korea tightens cryptocurrency withdrawal delay exemption rules to combat telecom fraud;7. Yuga Labs reaches settlement with Ryder Ripps, ending BAYC trademark dispute;8. Yi Lihua: Establishes AI fund OpenX_Labs, focusing on investing in and collaborating with AI projects;9. U.S. Treasury to propose rules requiring stablecoin issuers to bear AML and sanctions compliance obligations;10. Trump: Any country supplying weapons to Iran will face a 50% tariff on goods sold to the U.S.;11. "First set 10 big goals": In the absence of extreme news, opening reverse positions when the overall market fluctuates 10%, aiming for a win rate of at least 60%.

Odaily News Yuga Labs has reached a settlement with artist Ryder Ripps over a long-standing trademark dispute, signaling the near end of the legal controversy surrounding the Bored Ape Yacht Club (BAYC).According to the settlement agreement, Ripps and his partners will be prohibited from continuing to use Yuga Labs' related images and trademarks. The specific terms have not been fully disclosed.The case began in 2022 when Ripps launched a copycat NFT series (RR/BAYC), using the same ape imagery as BAYC, and described it as a form of "expressive appropriation art." Yuga Labs subsequently filed a lawsuit for trademark infringement.In 2023, a US court ruled that the copycat project constituted trademark infringement and initially awarded approximately $9 million in damages. A subsequent appeal court partially overturned that ruling and ordered a retrial, leading the case into a protracted tug-of-war phase.

1. Lighter: The final batch of points for Season 2 has been distributed; Witch Points have been removed and redistributed. 2. LayerZero's third vote on the "fee switch" failed to meet the quorum requirement and will remain closed. 3. JPMorgan Chase freezes multiple stablecoin startup accounts, involving high-risk markets such as Venezuela; 4. Yuga Labs announced the acquisition of Improbable, the Unreal Engine creation platform, and will absorb the latter's development team; 5. An address suspected of being associated with the YGG vault deposited 40 million YGG tokens, worth $2.65 million, into Binance; 6. Coinbase CEO: The Genius Act will not be amended; this is Coinbase's red line. 7. Galaxy Research Director: US ETPs are performing steadily, and it's only a matter of time before Bitcoin follows gold as a hedge against currency devaluation. 8. Trader pension-usdt.eth turned to shorting after making over $25 million in profits; 9. CryptoQuant analyst: Total ETH contract trading volume hits a new record this year.

According to Odaily Planet Daily, BAYC co-founder Garga.eth announced on the X platform that Yuga Labs has acquired Improbable, the Unreal Engine creation platform, and entered into a perpetual licensing agreement with Improbable for its high-concurrency technology for Otherside. Furthermore, engineers and developers from the platform will join Yuga Labs. The specific acquisition amount has not yet been disclosed. It is understood that Yuga Labs plans to further expand Improbable's software and tools in 2026 and accelerate the delivery of new Otherside game experiences.

According to Odaily, Democrats on the U.S. House Judiciary Committee released a highly partisan report accusing President Trump and his family of using presidential power to profit massively from the cryptocurrency industry. The report claims that the Trump family profited as much as $800 million in the first half of 2025 through token issuance, investment partnerships, and political donations, and that their total holdings of cryptocurrencies and stocks have risen to $11 billion, doubling their wealth in less than a year. The report alleges that foreign powers have used the purchase of Trump family-related tokens or investment in projects in exchange for policy favors, including regulatory easing and preferential treatment. Democratic Party examples include: Trump's pardons of BitMEX founder Arthur Hayes (March 2025) and Binance founder CZ (October 2025), the termination of investigations into leading companies such as Coinbase, Gemini, Robinhood, Ripple, Crypto.com, Uniswap, Yuga Labs, and Kraken, the disbanding of the Justice Department's National Cryptocurrency Enforcement Task Force, and the repeal of Biden's executive order, "Ensuring the Responsible Development of Digital Assets," among other regulatory measures. The Democratic report concluded that Trump turned the Oval Office into "the world's most corrupt crypto startup," and that his so-called "pro-crypto policy" was essentially a family money-making scheme, operating on a "pay-to-play" model and the influence of foreign interests. (Decrypt)

1. Polymarket and Kalshi dominate the prediction market 2. Variant and Paradigm announced they would increase their holdings of MetaDAO tokens from the open market 3. aixbt has now been connected to the X402 protocol and can be queried and used on the Base network 4. A whale withdrew 15.11 million DOGE from Binance, worth approximately $2.95 million 5. Nevada regulators issue cease-and-desist order to crypto custodian Fortress Trust 6. ZachXBT: Didn't call Vultisig a "scam," but warned against project risks. 7. Yuga Labs and Six Studios partner to form Bored Ape Studios 8. U.S. stablecoin payment usage surges 70%, potentially reaching $122 billion annually 9. Yuga Labs announced that the Metaverse Otherside will be launched on November 12