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Daily Report | China will reduce tariffs on U.S. goods from 125% to 10% for a period of 90 days; users with Binance Alpha points reaching 186 can receive 362 PUFFER airdrops

Summary: May 12 News Overview
ChainCatcher Selection
2025-05-12 20:00:00
Collection
May 12 News Overview

Organizer: Jerry, ChainCatcher

Important News:

"What important events happened in the past 24 hours"

Binance Alpha will launch REDACTED (RDAC)

According to the official announcement, the Binance Alpha platform will launch a trading platform for the REDACTED (RDAC) token. Trading will officially begin on May 13, 2025, and users who meet the Alpha points threshold will receive airdrop rewards within 10 minutes after trading starts. The specific points threshold will be announced before trading begins.

At the same time, Binance will introduce an Alpha points consumption mechanism, but this mechanism does not apply to the RDAC airdrop event.

Bitcoin mining company American Bitcoin signs merger agreement with Gryphon, plans to go public

According to Jinshi News, Bitcoin mining company American Bitcoin announced that it has signed a formal merger agreement with Gryphon Digital Mining and plans to go public.

Guangzhou Nansha will build a blockchain and digital asset integration application platform

The People's Bank of China, the Financial Regulatory Administration, the China Securities Regulatory Commission, the State Administration of Foreign Exchange, and the Guangdong Provincial People's Government recently jointly issued the "Opinions on Financial Support for Guangzhou Nansha to Deepen Comprehensive Cooperation with the World."

The "Opinions" mention support for the development of digital industries, including the construction of data computing power centers, R&D certification centers, evaluation centers, and regulatory platforms that integrate key digital technologies such as blockchain and artificial intelligence with financial scenarios in Nansha. It supports the Guangzhou Data Exchange to improve comprehensive services for data circulation and trading, and to strengthen cooperation with licensed digital asset trading platforms in Hong Kong, innovating digital asset trading service methods.

Insider: Trump's company Truth Social token will be issued within 72 hours

According to X user @cryptomanran, the Meme coin of Trump's social platform TruthSocial will go live in the next 72 hours.

Previous report indicated that Trump Media Group plans to launch a utility token for Truth Social.

Users with 186 points on Binance Alpha can receive 362 PUFFER airdrop

According to Binance customer service, Binance Alpha users with 186 points can receive 362 PUFFER airdrop rewards.

Additionally, users with Alpha points between 147 and 185 (inclusive) and whose UID ends with 5 will have the opportunity to receive a lucky airdrop.

Binance Alpha will launch NEXPACE (NXPC)

According to official news, Binance Alpha will launch NEXPACE (NXPC), with trading starting on May 15.

From May 13, eligible users can use Alpha Points to claim airdrops on the Alpha event page. The event page and rules will be announced tomorrow.

AggrNews: China will reduce tariffs on U.S. goods from 125% to 10% for 90 days

According to AggrNews, China will implement a temporary tariff reduction policy on U.S. imported goods, lowering the current 125% tariff rate to 10%, effective for 90 days.

Zhao Changpeng warns of Ledger security incident: social accounts are the weakest link in crypto security

Binance founder Zhao Changpeng issued an important security warning today regarding the hacking incident involving the Ledger Discord administrator account. He pointed out that attackers infiltrated the Ledger official Discord administrator account, forged security vulnerability announcements, and lured users to phishing websites to submit their 24-word mnemonic phrases. Zhao Changpeng emphasized, "No matter who the other party is, never give out your private key recovery mnemonic," and noted that "the social network accounts of crypto companies are often the weakest security link."

In this attack, hackers carefully designed phishing messages that included false compensation schemes, falsely claiming that there were vulnerabilities in the Ledger security system that could lead to the leakage of users' mnemonic phrases. Notably, the phishing domain used by the hackers was highly misleading. Zhao Changpeng's warning highlights the new risks of social engineering attacks facing the current crypto industry, especially the escalating threat of hijacking official communication channels.

"What are the noteworthy articles to read in the past 24 hours"

New paradigm of liquid staking: understand decentralized margin trading protocol Glow Finance in one article | CryptoSeed

Glow Finance provides a complementary set of DeFi tools built around margin accounts, pooled lending, and automated strategies.

Tax authorities in multiple regions of China are auditing personal overseas income; should crypto and U.S.-Hong Kong stock investors be worried?

Tax authorities in four regions of China are jointly verifying residents' overseas income, covering the middle-class population.

a16z: Recent key events of traditional finance embracing stablecoins

These events share a common core: meeting user needs.

Why do most people lose money trading cryptocurrencies? The counterintuitive wealth-building path of former Goldman Sachs executive Raoul Pal

The Bitcoin DCA strategy serves as a cornerstone of wealth, with the Sui ecosystem occupying 70% of the portfolio, emphasizing rational allocation to combat market volatility.

Quirky VC Awards: 10 typical crypto VCs, how many have you encountered?

Do not compromise on choosing investors for financing.

$100,000 is just the starting point? Miners' holdings hit a new cycle low + U.S.-China tariff exemptions, Bitcoin enters a frenzy mode

The global market is at a dual juncture of Bitcoin halving cycles and trade relationship rebalancing, with liquidity reconstruction potentially driving asset repricing.

Altcoin season or Altcoin G? The dilemma of the "local bull market"

The market is highly divided and still in a phase of oversold recovery.

Meme Popularity Rankings

According to the meme token tracking and analysis platform GMGN, as of May 12, 19:50:

The top five popular Ethereum tokens in the past 24 hours are: RATO, BERRY, DRMUTANT, PENCIL, OOGRE

The top five popular Solana tokens in the past 24 hours are: PIPE, POPCAT, Fartcoin, NFTLX, CNC


The top five popular Base tokens in the past 24 hours are: VIRTUAL, BOBR, SATO, Bsop, BABY SATO

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