According to sns.sol on Twitter, Solana users are strongly advised not to transfer ownership of their .sol domains to new smart contracts. The warning highlights that such transfers result in permanent ownership changes to unaudited, closed systems, potentially exposing users to security risks and loss of asset control (source: sns.sol, May 26, 2025). This development is critical for crypto traders and investors, as compromised domain ownership can lead to phishing attacks, loss of NFT-related value, and negative impacts on Solana-based DeFi projects. Staying vigilant about domain management is essential to mitigating risks in the Solana ecosystem.

According to Tom Emmer (@GOPMajorityWhip), President Biden has signed the Take It Down Act into law, targeting deepfake sexual exploitation and increasing legal accountability for perpetrators (source: Tom Emmer on Twitter, May 19, 2025). This regulatory move is expected to influence AI and blockchain projects in the cryptocurrency sector, as compliance requirements for digital content security and identity verification may tighten. Traders should closely monitor crypto tokens linked to AI, privacy, and digital identity, as increased enforcement could impact project valuations and token utility across NFT, DePIN, and AI-integrated blockchains.

According to Bold (@boldleonidas), Frank DeGods stepped down from his CEO position, and just two days later, his wallet was reportedly compromised, resulting in the sale of all his DeGods NFTs (source: Twitter, May 15, 2025). This sequence of events has triggered significant discussion among NFT and crypto traders regarding the security of high-profile wallets and the potential impact on DeGods floor prices and overall Solana NFT market sentiment. The incident raises concerns about trust and transparency in NFT projects, which may lead to increased volatility and trading activity as investors reassess risk exposure (source: Twitter, May 15, 2025).

According to ZachXBT, following a recent NFT theft, the attacker rapidly sold the stolen NFTs and transferred the proceeds—amounting to 4 x 100 ETH, 5 x 100K DAI, 8 x 10 ETH, 2 x 1 ETH, and 3 x 0.1 ETH—directly to Tornado Cash (source: ZachXBT on Twitter, May 9, 2025). Due to the unique transaction amounts and subsequent fund consolidation after mixing, analysts can now perform a high-confidence 1:1 demix of the Tornado Cash transfers. This increases the chances of tracing stolen assets and may impact short-term on-chain trading sentiment for ETH and DAI, while highlighting ongoing risks around NFT security and Tornado Cash's role in laundering. Crypto traders should monitor for increased volatility and potential regulatory scrutiny surrounding privacy mixers and stolen NFT funds.

According to ZachXBT, a former Yuga Labs security researcher was wrongly detained in late 2023 due to a law enforcement error linking them to a $1.1M phishing theft targeting a Bored Ape owner. On-chain analysis by ZachXBT traced the stolen funds, revealing they were moved through multiple crypto wallets and exchanges, ultimately identifying a different perpetrator. The incident underscores the importance of thorough blockchain forensics in crypto-related investigations and impacts trader confidence in NFT security and asset recovery processes. Source: ZachXBT Twitter, May 9, 2025.

According to @ThinkingUSD, all Bored Ape Yacht Club NFTs in their possession have been lost, as disclosed in a tweet on May 1, 2025 (source: Twitter). This incident highlights ongoing security concerns in the NFT trading ecosystem, particularly for high-value collections like BAYC. Traders should note that such high-profile losses can increase volatility and drive short-term negative sentiment around the BAYC floor price and other top-tier NFTs. This event underscores the critical importance of robust wallet security and may prompt increased scrutiny on NFT storage solutions among active traders (source: Twitter).