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ChainThink Morning Briefing | Key Developments from the Night of May 16

ChainThink Morning Briefing | Key Developments from the Night of May 16

2025-05-16 07:30

21:00-7:00 Keywords: FTX, Coinbase, GENIUS Act, BUIDL 1. Spot gold returns to $3,200; 2. U.S. SEC is investigating whether Coinbase overstated user numbers; 3. UN report: Global economic outlook deteriorates, facing high uncertainty; 4. U.S. Senate has received draft text of bipartisan amendments to the GENIUS Act; 5. Major repayment from FTX will begin on May 30, with total allocated funds exceeding $5 billion; 6. BlackRock BUIDL Fund completes first DeFi protocol integration, connecting to the Avalanche-based lending platform Euler; 7. Coinbase Chief Legal Officer: Verified user metrics include everyone who has verified their email or phone number with us.

Disclaimer: Contains third-party opinions, does not constitute financial advice

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