Odaily Planet Daily reports that the estate of Nathan Allman, founder of tokenized company Ondo Finance, has accused former president Ian De Bode of illegally seizing control of the company after his death. The lawsuit has been filed in Delaware court, seeking a determination of who legally controlled the company and upholding the status quo. The estate stated that it initially worked with De Bode, subsequently reorganized the board, and voted to remove him from his position.

Odaily Planet Daily reports that Uniswap founder Hayden stated in an article on the X platform that the technical design of automatically compounding liquidity is his personal contribution to pools.trade. It works as follows: liquidity positions are deposited into a smart contract, and the rule is that anyone can withdraw all unclaimed fees from that position, provided they increase the size of the liquidity position by 0.2%. Therefore, fees will increase over time, and when the fee value exceeds 0.2% of the liquidity, the seeker will be automatically incentivized to add 0.2% liquidity to the pool and claim the fees. This mechanism is based on the Uniswap token jar and can also be used to automatically compound ordinary Uniswap LP positions, therefore this feature will be added to the roadmap.

According to Odaily, BitcoinTreasuries.NET reported on the X platform that Bitcoin mining company Canaan has authorized its management to sell a portion of its digital asset reserves to fund a stock buyback of up to $30 million. Canaan holds 1,915 BTC and 3,952 ETH, worth approximately $130 million.

According to Odaily Planet Daily, Defend American Jobs and Protect Progress, affiliated with the cryptocurrency-backed political action committee Fairshake, disclosed that they collectively spent over $1.5 million ahead of the August 18 primaries to support House and Senate candidates in Florida, Alaska, and Wyoming. Federal Election Commission documents show that Defend American Jobs spent over $500,000 in Alaska's single congressional district to support Representative Nick Begich's re-election; the Super PAC also spent similar amounts on Republican candidates Sydney Gruters in Florida's 16th congressional district and Harriet Hageman in Wyoming's Senate seat. Protect Progress disclosed that it spent over $50,000 in Florida's 23rd congressional district to support Lois Frankel's re-election. Frankel, Begich, and Hageman all voted for the GENIUS Act and CLARITY Act during their terms in Congress. These expenditures occurred after the primary loss of the Michigan 13th congressional district candidate supported by Protect Progress. The Super PAC had previously invested over $2 million to support incumbent Democratic Representative Shri Thanedar, who lost the primary to State Representative Donavan McKinney.

According to Odaily, Patrick Hansen, Senior Director for EU Strategy and Policy at Circle, stated that since the full implementation of the EU's Crypto Asset Market Regulation (MiCA), licenses have been issued for 35 electronic currency tokens from 21 issuers, with local issuers making good progress in implementation. Hansen pointed out that MiCA's stringent regulations have prevented most major stablecoin issuers, including Tether, from meeting operational requirements. Currently, only USDG, USDC, and EURC meet the framework requirements; other stablecoins are outside the scope of MiCA regulation, leaving EU users unprotected or unable to access it. He believes the upcoming review of MiCA should address this issue and provide a more pragmatic operational path for foreign issuers. The Directorate-General for Financial Stability, Financial Services and Capital Markets of the European Union launched a public consultation on May 20 to assess the applicability of the current framework, which will continue until September 30.