Solana's Moo Deng Meme Coin Is Surging

The Kenyan High Court has ruled that World project must delete all biometric data collected without proper consent, violating privacy rights. The court ordered the deletion of data within seven days and prohibited further collection without valid consent.

In April, Riot Platforms sold $38.8 million worth of Bitcoin to boost liquidity, with 475 BTC sold at an average price of $81,731 per coin. The company aims to reduce reliance on equity financing and limit shareholder dilution amid tightening margins in the mining sector.

Warren Buffet, Berkshire Hathaway CEO, plans to step down after leading the company to a 5,500,000% return on investment. Despite softening his stance on Bitcoin's technology, he remains skeptical about its enduring value.

The U.S. Securities and Exchange Commission delayed approving a new crypto ETF for Litecoin, filed by Canary Capital, as part of the normal application process. Asset managers are seeking approval for ETFs targeting coins like Solana, XRP, and Cardano.

Semler Scientific disclosed purchasing 167 Bitcoins for $16.2 million, increasing its BTC treasury to 3,634 tokens. With a current value of $342 million, the company's Bitcoin stash was acquired at an average price of $97,093 per token, totaling $88,668 per token as of May 2.

The House Financial Services Committee's new discussion draft proposes amending American securities laws to exclude top digital assets from SEC oversight. The bill defines "digital commodities" and exempts their secondary market trading from SEC regulation under certain conditions.

Freight Technologies' stock price dropped 30% after announcing plans to raise funds for acquiring President Trump's meme coin. The move has sparked concerns about potential conflicts of interest and ethical issues surrounding the token's influence on policy decisions.

Warren Buffett, known for his negative stance on bitcoin, is stepping down as Berkshire Hathaway's CEO, leaving a legacy that may influence the firm's future crypto stance. His successor, Greg Abel, is expected to maintain the current ideology on digital assets.

VanEck has filed for approval to launch an exchange-traded fund tracking the BNB token's spot price, offering investors exposure to Binance Coin without direct ownership. This marks the first indication of an investment firm planning to introduce a BNB ETF in the U.S.

A critical bug in the ZK ElGamal Proof program on the Solana network could have allowed exploiters to mint unlimited Token-22 confidential tokens or withdraw them from accounts. A patch was swiftly rolled out to validators after the vulnerability was confirmed by engineers and security firms. The Solana Foundation successfully addressed the issue without any known exploits.