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The director of the Keelung City Civil Affairs Department, Zhang Yuanxiang, recently admitted to violating the Personal Data Protection Act and the crime of forgery under the Criminal Code, and has been granted resignation. According to media reports, Zhang allegedly used his authority to illegally access the household registration system to extract citizens' personal data for creating a petition to dismiss specific council members. If this case is verified, it is not just an ordinary administrative error but may involve deeper legal issues.
Forgery is closely related to the crime of fraud.
Firstly, forgery of documents is not only a form of falsification; its substance is often highly intertwined with fraud offenses. According to statistical analysis from the Ministry of Justice of the Republic of China regarding cases of "forgery of documents and seals" (from 2017 to October 2022), among 58,249 individuals suspected of crimes, as many as 72.8% were involved in other offenses, with fraud being the most prevalent, accounting for 38.7%. These data indicate that forgery of documents is often just a part of a larger fraud structure in practice.
Forgery is often used to achieve

In the past, people may have only recognized NVIDIA, AMD, and TSMC, but now another low-key yet powerful AI chip giant, Broadcom, is also making a strong debut. Not only has its performance skyrocketed, but it even managed to surpass 1 trillion dollars in market capitalization by the end of 2024, pushing TSL and TSMC down and ranking as the ninth largest company in the world by market capitalization.
Why is Broadcom worth paying attention to?
Hold the core design and supply capabilities of AI chips
Hardware & software are stable revenue sources; even with fluctuations in the chip market, risks can be balanced through enterprise software.
Google, Meta, AWS and other tech giants are the main partners.
Business model breakdown, a dual approach of hardware and software.
Broadcom's business model relies on two main areas: software and hardware.
Semiconductor business (58%): providing high-end network switching chips, customized AI chips (A

The issuance of corporate bonds adds another entry, totaling 3.6 billion yen.
Metaplanet Inc. (Tokyo Stock Exchange Standard Market Code 3350) officially announced on May 2, 2025, that it has resolved by the board of directors to issue a total of 3.6 billion yen of the "12th Ordinary Corporate Bond." This bond will be fully subscribed by EVO FUND and the payment will be completed on the same day.
The face value of each bond issued this time is 90 million yen, with a total issuance of 40 pieces, scheduled for redemption on October 31, 2025. Unlike ordinary corporate bonds, this bond does not pay interest, is designed as unsecured and without a guarantor, and does not require the appointment of a bond manager, demonstrating the high-trust cooperation between Metaplanet and EVO FUND.
Clear use of funds: Continuously increasing investments in Bitcoin
According to the announcement

Freight Technologies, a logistics company listed on the NASDAQ in the United States, (Fr8Tech), announced that it will secure up to 20 million dollars in convertible bond financing to establish a cryptocurrency vault specifically for purchasing the Trump meme coin TRUMP, as a dual strategy to support fair trade between the U.S. and Mexico and strengthen corporate cryptocurrency asset allocation.
Logistics companies invest in TRUMP meme coin as a financial reserve?
The logistics solution company Fr8Tech, listed on the NASDAQ in the United States, stock code: FRGT(, announced that it has reached an agreement with an unnamed institutional investor to raise up to $20 million through convertible notes.
Fr8Tech CEO Javier Selgas stated that the funds will be "earmarked for a specific purpose," and will be fully invested in purchasing the Trump official meme coin TRUM.

Recently, a group of independent developers launched a new L2 scaling solution called "Ethereum R1." Notably, this solution focuses on not issuing coins, not fundraising, and having no centralized governance, relying entirely on community donations for support, while emphasizing the spirit of "returning to the essence" of scaling. This plan also reflects the community's concerns about the mainstream L2 solutions increasingly deviating from the spirit of decentralization.
Ethereum R1, which does not follow the traditional L2 route: no private placements, governance coins, purely relying on donations.
R1 was initiated by a group of developers in the Ethereum ecosystem, but is not affiliated with the Ethereum Foundation, and announced the project on Twitter on 5/1 (X), claiming:
"A universal L2 should be simple, replaceable, without centralized reliance, and without risk governance, just like a commodity."
The team further criticized the current issues of most L2s, such as private token distribution, opaque governance, and centralized operations,

Taiwan's regulation of virtual assets is entering a new phase. The Financial Supervisory Commission recently announced the draft of the "Virtual Asset Service Act" and plans to submit it to the Executive Yuan for review by the end of June this year at the earliest. In order to gather public opinion and industry voices, the Financial Supervisory Commission plans to hold over 22 public hearings. The new regulations are not only related to market order and investor rights but also become a key turning point for local operators' future development and international competitiveness.
The draft is entering the final stage, and the Financial Supervisory Commission plans to hold 22 public hearings.
The chairman of the Financial Supervisory Commission, Peng Chin-long, pointed out during an interview on April 30 that the draft of the "Virtual Asset Service Act" is entering the final revision stage and is expected to be submitted to the Executive Yuan by the end of June. In order to fully gather suggestions from all sectors of society, the Financial Supervisory Commission will hold at least 22 public hearings, hoping to create a legal framework that balances innovation and risk management.
The industry hopes for layered management to open up more diverse virtual asset products.
Most operators at the public hearing

The New Taiwan Dollar has recently appreciated significantly, and the Central Bank clarified that it is not under pressure from the United States. The USD briefly fell below 140 against the Japanese Yen, which then rebounded to 145. The Bank of Japan maintained its policy unchanged and postponed interest rate hikes due to trade war risks. Investors selling off the USD triggered a bullish market, and the Central Bank allowed the appreciation of the New Taiwan Dollar and is optimistic about its rise. The New Taiwan Dollar has appreciated significantly and may continue to do so, with the Central Bank showing no intention to halt its rise.

The Kaohsiung Qiaotou District Prosecutor's Office cracked a case on May 1st involving a scam named "Eden platform" that solicited investments in virtual money EOS coin (EOS), claiming an annual profit of 144%. There were 2,100 victims involved, with the amount reaching up to 40 million New Taiwan Dollars. The main suspect, a man with the surname Tsai, is surprisingly a former Rotary Club president and is currently under detention with restricted visitation.
The "Eden platform" is a fake investment that truly siphons money, targeting temple believers and residents in the southern region.
The Qiaotou District Prosecutor's Office pointed out that it recently received reports from the public stating that a fraudulent group, using the name "Eden platform", is promoting investment in Virtual Money EOS (EOS), targeting believers of a certain temple in Nanzi, Kaohsiung, and residents in Tainan and Kaohsiung to siphon off money.
The group also utilizes:
Guaranteed Profit
High Profit
Funds can be withdrawn at any time and other related phrases.
In addition to the pyramid scheme, it has attracted many participants, and the mastermind behind it has further leveraged his identity as a former Rotary Club president, corporate chairman, and leader of civic organizations.

Musk clashed with the Wall Street Journal on 5/1, accusing the paper of "seriously violating journalistic ethics". This was in response to claims that the Tesla board was searching for a successor. In addition to Musk's rebuttal, Tesla chairman Robyn Denholm also criticized the report, with both of them united in their response. This is not the first time WSJ has been involved in similar controversies; high-level executives from well-known exchange Binance and stablecoin issuer Tether have also previously accused the paper of deliberate defamation.
TSL is reported to have replaced its CEO? Musk angrily criticizes WSJ for fabricating.
The Wall Street Journal pointed out on 4/30 that the Tesla board is concerned about Musk:
Political stance is too extreme.
Overwhelmed and unable to take care of TSL.
The board has been in contact with headhunting firms to find a new CEO.
The image is a report from WSJ about TSL replacing Musk.

Due to the adoption of accounting changes, it is required to value the large amount of Bitcoin held by the company at market price. MicroStrategy recorded an unrealized loss of $5.9 billion in the first quarter, and subsequently, the company directly doubled its financing plan from the "21/21 Plan" to the "42/42 Plan" to raise more funds to purchase Bitcoin.
Strategy Season 1 Bitcoin loss of 5.9 billion dollars
As of March 31, 2025, MicroStrategy's digital assets include approximately 528,185 Bitcoins, with an original cost basis and market value of $35.6 billion and $43.5 billion, respectively, reflecting an average cost of about $67,457 per Bitcoin.
MicroStrategy has adopted the accounting new system ASU 2023-08 starting this year, recording 59 in the first quarter.

The world's largest stablecoin issuer Tether announced the verification report for the first quarter of 2025 signed by accounting firm BDO, which shows that operating profits from traditional investments exceeded $1 billion this quarter, with direct and indirect holdings of U.S. Treasury bonds reaching $120 billion, a historical high.
Tether's Q1 excess reserves reached 5.6 billion USD.
Stablecoin issuer Tether announced the issuance of the assurance report for the first quarter of 2025, issued by BDO, one of the world's five largest accounting firms. This is also Tether's first quarter under regulation in El Salvador, where the company obtained a stablecoin issuer license under the country's comprehensive digital asset framework.
As of March 31, 2025, the group's total assets amounted to 149,274,515,988 USD, with total liabilities of 143,682,6

Bitshine, Taiwan's largest virtual currency entity trading company, was shocked to report that it cooperated with fraud groups to launder money, involving hundreds of millions of yuan, shocking the blockchain circle and the Finance Committee of the Legislative Yuan. The FSC immediately launched the largest virtual asset service provider (VASP) financial inspection operation in history, and is expected to check a total of 12 VASP operators in Taiwan that have not yet been inspected by the end of this year, and comprehensively strengthen anti-money laundering and anti-fraud supervision.
CoinX Technology suspected of being a fraud group "Money Laundering Channel", police grasping hundreds of millions in fund flow.
According to preliminary investigations by the police, Cointhink Technology is suspected of colluding with a fraud group, collecting cash from victims and then converting it into virtual money to assist in money laundering. It is reported that the fraud group would instruct victims to go to Cointhink's store to purchase designated virtual coins, and it is suspected that there was prior collusion and cooperation, with the amount initially estimated to exceed hundreds of millions, raising significant concern from the Finance Committee of the Legislative Yuan.
The largest scale financial inspection in history has begun, involving 12 VA.

U.S. stocks rebounded strongly on Thursday, boosted by impressive earnings reports from Meta and Microsoft that enhanced confidence in AI. Tesla denied rumors of a CEO change, and the cryptocurrency market also surged. Investors are optimistic about the long-term prospects of AI, leading to an active market. Economic data still casts a shadow, but the technology zone rose against the trend, with SUI coin performing remarkably. Tesla's CEO denied the change rumors, and the stock price rebounded, while the cryptocurrency market overall rose, with SUI being the focus of a big pump.

The human verification encryption project "World" created by OpenAI CEO Sam Altman has officially entered the US market, announcing a series of significant collaborations, including the launch of a Visa-based debit financial card and partnering with the dating app Tinder for identity verification, further strengthening the distinction between humans and AI, and accelerating the progress towards global application.
World Launches in the United States: Six Major Cities Initiate First
World Network, formerly known as Worldcoin, announced its official entry into the U.S. market yesterday, with the first wave of cities including Atlanta, Austin, Los Angeles, Miami, Nashville, and San Francisco. Local users only need to complete identity verification to receive the native encryption token.

As the global AI competition heats up, NVIDIA CEO Jen-Hsun Huang recently made significant remarks at a technology conference in Washington, emphasizing that China is "not lagging behind" in the field of artificial intelligence, and praising Huawei as one of the world's most powerful technology companies. These statements not only break some Western misconceptions about China's AI capabilities but also highlight that amid the technological confrontation between the US and China, semiconductors and AI chips have become the front line of a new cold war.
The AI capabilities of China and the US are close, Jen-Hsun Huang: This is a long-term race.
Jen-Hsun Huang pointed out in the meeting that although China is currently "possibly slightly behind the United States," the gap is very small. He stated plainly, "We are very close. Don't forget, this is a long-term and endless race."
NVIDIA plays a key role, but U.S. policies pose the biggest challenge.
NVIDIA has become a core force in the development of global AI technology in recent years, with its chips.

HSBC has issued a warning that the global trade war triggered by U.S. President Trump will have broader implications, particularly directly impacting loan and credit quality. This means that HSBC, which primarily serves business clients, will face more challenging times.
HSBC Holdings ( is the largest bank in Europe and has now reset its targets, announcing a new $3 billion share buyback plan ). The first quarter financial report disclosed a pre-tax profit of $9.5 billion, mainly attributed to one-time costs related to the disposal of operations in Canada and Argentina. Analysts had previously estimated that the pre-tax profit of this largest bank in Europe by asset size would reach $7.8 billion, and the bank's profits in the first quarter exceeded analysts' expectations. On April 29, HSBC's stock price in Hong Kong rose by about 3.2%, while the Hang Seng Index remained flat, and the London Stock Exchange price rose by about 2.1.