Morning News | Michael Saylor releases Bitcoin Tracker information; Aave releases post-attack investigation on Kelp rsETH bridge; Gravity Bridge announces service suspension after being attacked

Compiled by: ChainCatcher

Important News:

• Digital asset company Laser Digital receives preliminary conditional approval from the U.S. Office of the Comptroller of the Currency to establish a federally regulated trust bank
• Aave releases post-attack investigation on Kelp rsETH bridge
• Vietnam plans to allow small and medium-sized enterprises to use digital assets and virtual assets as collateral for bank loans
• Cosmos ecosystem cross-chain bridge Gravity Bridge announces suspension of services after being attacked
• Chairman of the Hong Kong Securities and Futures Commission: In Q1 2026, the trading volume of 12 licensed virtual asset trading platforms increased nearly threefold year-on-year
• Michael Saylor releases Bitcoin Tracker information again, may disclose increased holdings data next week

What important events have occurred in the past 24 hours?

Federal Reserve Governor Waller: The popularity of stablecoins will amplify policy impact

According to ChainCatcher, Waller stated at the 32nd Dubrovnik Economic Conference that the global popularity of stablecoins could amplify the impact of Federal Reserve policies.

He pointed out that for countries adopting stablecoins, it is akin to a fixed exchange rate system, effectively expanding the reach of U.S. monetary policy.

Michael Saylor releases Bitcoin Tracker information again, may disclose increased holdings data next week

According to ChainCatcher, Michael Saylor, founder of Bitcoin treasury company Strategy, has released information related to Bitcoin Tracker again.

Based on previous patterns, Strategy always discloses increased Bitcoin holdings information the day after related news is released.

Chairman of the Hong Kong Securities and Futures Commission: In Q1 2026, the trading volume of 12 licensed virtual asset trading platforms increased nearly threefold year-on-year

According to ChainCatcher, Chairman of the Hong Kong Securities and Futures Commission, Huang Tianyou, disclosed in a recent speech that the trading volume of 12 licensed virtual asset trading platforms in Hong Kong exceeded HKD 640 billion in 2025, with a significant year-on-year increase of nearly threefold in the first quarter of this year.

Additionally, brokers engaged in virtual asset-related businesses saw their commission income increase by over 80% year-on-year.

Cosmos ecosystem cross-chain bridge Gravity Bridge announces suspension of services after being attacked
According to ChainCatcher, the Cosmos ecosystem cross-chain bridge Gravity Bridge was attacked, allegedly due to a leak of signature keys, resulting in approximately $5.4 million in assets being stolen. The official has confirmed the security incident and has urgently suspended bridging services for investigation, while also requesting validators to pause the operation of validation nodes and coordinators. It is reported that its contract keys may have been compromised.
JPMorgan CEO warns: If stablecoins can pay interest similar to bank deposits, it may eventually lead to a crisis
According to ChainCatcher, JPMorgan CEO Jamie Dimon warned about the U.S. crypto market structure bill "CLARITY Act," stating that if stablecoin issuers are allowed to offer returns to users similar to bank deposit interest, the related model may eventually lead to a crisis.

Dimon stated that the bill allows crypto companies to provide returns similar to deposit interest through stablecoin accounts without corresponding regulatory protections, which the banking industry would not accept. He said, "I am not worried about stablecoins themselves, but if this happens, I will not participate, and it will eventually lead to a crisis."

The "CLARITY Act" aims to clarify the regulatory framework for the U.S. crypto industry and delineate the responsibilities of regulatory agencies. Previously, Patrick Witt, executive director of the U.S. Digital Asset Advisory Committee, stated that the Trump administration planned to push for the bill's passage before July 4. However, Polymarket data shows that the probability of the "CLARITY Act" passing in 2026 has dropped from nearly 70% to just above 50%.

Vietnam plans to allow small and medium-sized enterprises to use digital assets and virtual assets as collateral for bank loans

According to ChainCatcher, Viet Nam News reported that the Vietnamese Ministry of Finance proposed in the revised draft of the "Support Law for Small and Medium Enterprises" to allow small and medium-sized enterprises to use digital assets, virtual assets, intellectual property, intangible assets, and future assets as collateral for bank loans to improve the financing accessibility for private enterprises and tech startups.

The draft also encourages credit institutions to issue loans based more on credit ratings, business plans, market expansion potential, and corporate cash flow, reducing reliance on traditional collateral such as real estate. The Vietnamese Ministry of Finance stated that this policy aims to release resources from the private economy and align with Resolution No. 68 - NQ/TW.

Aave releases post-attack investigation on Kelp rsETH bridge

According to ChainCatcher, Aave released a post-attack investigation on the Kelp rsETH LayerZero V2 bridge attack that occurred on April 18, emphasizing that the exposure was primarily due to third-party bridge infrastructure rather than the protocol itself. The attacker executed an RPC poisoning attack targeting a single validator of LayerZero, fabricating a cross-chain message. This led to the release of 116,500 rsETH on the Ethereum side without actual destruction on Unichain. The attacker subsequently deposited the stolen rsETH into Aave V3 (Ethereum Core and Arbitrum), borrowing approximately 82,650 WETH and 821 wstETH.

Aave Protocol Guardian and Risk Steward immediately implemented protective measures on rsETH and WETH reserves. Currently, the affected V3 deployments are operating normally for the WETH and rsETH markets. The rsETH held by the attacker on Arbitrum has been destroyed, and the LayerZero OFT adapter has been fully recharged in five batches, with rsETH support fully restored. Kelp has reopened the withdrawal, bridging, and claims functions for rsETH. The WETH LTV in the affected market has been reset to pre-attack values, and Aave V3 is fully operational across all markets except for rsETH.

Arbitrum DAO has voted to authorize the transfer of frozen ETH to Aave LLC, and it is currently awaiting on-chain execution. The court is still reviewing the substantive content of the restraining order, and Aave LLC will continue to comply with the restraining order during the court review period. Ongoing projects include: Aave risk framework from Llama Risk, bridging assessment framework, release of evaluation reports for currently listed assets, on-chain execution of Arbitrum DAO votes, and court review of the restraining order.

A man from Qingdao, China, was sentenced to 10 years and 9 months for stealing 107 BTC while "helping an acquaintance register a wallet"

According to ChainCatcher, the Li Cang District Prosecutor's Office in Qingdao, Shandong Province, recently handled a Bitcoin theft case. The defendant, Zhang, obtained the mnemonic phrase while assisting an acquaintance in registering a virtual currency wallet and subsequently transferred 107 BTC in multiple transactions, equivalent to over 50 million RMB at current market prices. Zhang argued that his actions were a "protective takeover," but the prosecution found that he transferred the stolen BTC through multiple trading platforms and exchanged it for over 660,000 RMB. The Li Cang District Court sentenced Zhang to 10 years and 9 months in prison for theft and imposed a fine of 100,000 RMB; the second instance upheld the original sentence.

Reports indicate that the prosecutor handling the case strictly adhered to laws and judicial policies, concluding that while China's regulatory policies deny the legal tender status of virtual currencies, they do not negate their property attributes or prohibit citizens from legally holding and circulating them. Bitcoin requires investment in computing power, funds, and other costs to acquire, possessing economic value; rights holders can achieve exclusive control and management through private keys and mnemonic phrases, aligning with the core characteristics of "property" in criminal law, making it a target for theft. In terms of amount determination, since virtual currencies lack official pricing, the Li Cang District Prosecutor's Office discarded market price estimates and used the actual proceeds from the sale of 660,000 RMB as the amount for theft, achieving accurate conviction, appropriate sentencing, and unity of responsibility and punishment.

Santiment: Bitcoin long-short ratio soars to 2.23, reaching a new high for the year, possibly indicating a short-term correction

According to ChainCatcher, the crypto sentiment platform Santiment analyzed that the ratio of positive to negative comments on Ethereum has shifted from strong FOMO sentiment in late April to a clear FUD sentiment now. Harvard University sold all its holdings of an $87 million Ethereum ETF one quarter after buying in; researchers from the Ethereum Foundation announced their resignations; and David Hoffman publicly stated he was withdrawing from Ethereum projects. The Santiment team interprets this trend as a mildly bullish signal, similar to the significant rise that followed the mid-2023 market sentiment low.

Despite the panic sentiment, the number of non-short wallets on Ethereum remains high at 192.92 million, more than three times Bitcoin's approximately 59 million. The activity of DeFi and staking trading surged at the beginning of the year but has since normalized, yet the creation of new wallets continues to grow at a healthy pace. Basic data such as holders and activity do not support the claim that "the Ethereum network is dying." Furthermore, the Bitcoin long-short ratio has reached 2.23, the highest level since 2026. Previous days with high long-short ratios have seen short-term price corrections, while extremely low short ratios indicate local bottoms. The current optimistic sentiment stands in stark contrast to the outflow of short funds from ETFs, so caution is warranted.

U.S. SEC files lawsuit against Privvy founder for alleged $12.3 million cryptocurrency scam

According to ChainCatcher, The Block reported that the U.S. SEC has filed a lawsuit in federal court in Houston, accusing Nathan Fuller, a resident of Cypress, Texas, of operating a cryptocurrency scam project involving up to $12.3 million, which used false AI trading bots for fraud.

Nathan Fuller told investors that his proprietary AI-based bot could automatically scan cryptocurrency trading platforms, capturing small price gaps through high-frequency arbitrage, and promised returns of 40% to 50% within 30 to 45 days. Some investors were even told they could receive guaranteed returns of over 100% within 21 days.

The SEC stated that Nathan Fuller, founder and sole member of Privvy Investments LLC, raised these funds from about 150 investors spread across nine states and two foreign countries between October 2022 and mid-2024. He also conducted business under the alias "Gateway Digital Investments."

It is alleged that only about 3% of the funds were actually used for cryptocurrency trading, while Fuller personally pocketed at least $6.2 million and paid approximately $5.5 million to early investors in a manner similar to a Ponzi scheme.

Digital asset company Laser Digital receives preliminary conditional approval from the U.S. Office of the Comptroller of the Currency to establish a federally regulated trust bank

According to ChainCatcher, official news states that Laser Digital has received preliminary conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish Laser Digital National Trust Bank, which will serve as a federally regulated trust institution for institutional clients.

Once formally chartered, its business scope will include foreign exchange and stablecoin intermediation, digital asset and traditional asset cross-margin collateral management, as well as multi-asset trust custody for tokenized and traditional assets.
A Chinese man was kidnapped in Cambodia and killed after a failed ransom demand of $2 million in cryptocurrency

According to ChainCatcher, Cambodian media KohsantepheapDaily reported that a 53-year-old Chinese real estate company owner, Yang Weixin, was kidnapped by a criminal gang in Phnom Penh. The suspects demanded a ransom of $2 million in cryptocurrency from the victim's wife via the victim's phone on May 30, but after failing to receive the ransom, they killed the victim and abandoned his body in a car.