According to Lookonchain monitoring, a wallet suspected to be associated with Jeffy Yu sold 35.55 million $ZEREBRO for 8,572 SOL (about $1.27 million), and then transferred 7,100 SOL (about $1.06 million) to the $LLJEFFY developer wallet "G5sjgj".
According to Binance's announcement, Binance will suspend the deposit and withdrawal of tokens of ETH, Arbitrum, Optimism, zkSync Era, Base, Manta, Starknet, Polygon, Metis, Scroll, Cyber, Metal DAO, Celo and Worldcoin networks from 17:45 (Beijing time) on May 7, 2025 to support the upgrade and hard fork of the ETH network at 18:05. Transactions will not be affected during this period, and Binance will handle technical issues on behalf of the network. Deposit and withdrawal will be resumed after the network is stable without further notice.
Bitwise applies for NEAR spot ETF, NEAR joins the US SEC review queue
According to Cointelegraph, crypto asset management company Bitwise has submitted an S-1 document to the U.S. Securities and Exchange Commission (SEC) to apply for the launch of a spot ETF that tracks NEAR tokens. The fund will be managed by Coinbase Custody, and the ETF's trading code, management fee rate, and listing exchange have not yet been disclosed. Bitwise registered the NEAR Trust in Delaware on April 28 and plans to submit a 19b-4 document to formally start the approval process.
China's central bank cuts interest rates and reserve requirement ratio
Pan Gongsheng, governor of the People's Bank of China, announced at a press conference held by the State Council Information Office that the reserve requirement ratio will be reduced by 0.5 percentage points and the policy interest rate will be reduced by 0.1 percentage points. Specifically: First, the deposit reserve ratio will be reduced by 0.5 percentage points, which is expected to provide about 1 trillion yuan of long-term liquidity to the market. Second, the deposit reserve system will be improved, and the deposit reserve ratio of auto finance companies and financial leasing companies will be reduced from the current 5% to 0% in stages. Third, the policy interest rate will be reduced by 0.1 percentage points, that is, the 7-day reverse repurchase operation interest rate in the open market will be reduced from the current 1.5% to 1.4%, which is expected to drive the loan market benchmark rate (LPR) to decline by about 0.1 percentage points at the same time. Fourth, the interest rate of structural monetary policy tools will be reduced by 0.25 percentage points, including: the interest rates of various special structural tools and the interest rates of re-loans for supporting agriculture and small businesses will be reduced from the current 1.75% to 1.5%; the interest rate of mortgage supplementary loans (PSL) will be reduced from the current 2.25% to 2%. In addition, the central bank will lower the interest rate of individual housing provident fund loans by 0.25 percentage points, and the interest rate for the first set of houses with a term of more than 5 years will be reduced from 2.85% to 2.6%. The interest rates of other terms will be adjusted simultaneously. The re-lending quota for scientific and technological innovation and technological transformation will be increased by 300 billion yuan from the current 500 billion yuan to 800 billion yuan, and the implementation of the "two new" policies will be continuously supported. The People's Bank of China will set up 500 billion yuan of service consumption and pension re-lending to increase low-cost funding support for key consumer areas.
According to the founder of Hey Anon, the founder of Zerebro admitted in a private letter that he faked the suicide incident in order to completely withdraw from the public eye and get rid of harassment and blackmail. He explained that if he left the market publicly, it would cause his project tokens $ZEREBRO and $OPAIUM to plummet, users would panic sell, and he might also face more serious personal threats. At present, he has deactivated all social accounts and plans to create music anonymously. He said that he did not make any profit from it, but only sought safety and privacy.
Coinbase launches open source payment protocol x402 based on HTTP
Coinbase Developer Platform announced the launch of a new open source payment protocol x402, which aims to activate the long-unused HTTP 402 status code "Payment Required" on the Internet, and transform it into a real on-chain payment layer, suitable for new scenarios such as API service providers, content creators, and contextual protocols. x402 allows servers to request payments, and clients (including humans and intelligent agents) respond instantly, supporting micropayments on a pay-per-use basis without cumbersome subscriptions. Coinbase said that the protocol is expected to simplify the Web3 payment process and provide new infrastructure for the proxy economy and on-chain services. Currently, x402 has been open sourced and developers are welcome to participate in co-construction.
Trump family project WLFI transfers more than $4.5 million in assets to an unknown wallet
According to Onchain Lens monitoring, 5 hours ago, World Liberty Finance (WLFI) transferred crypto assets worth approximately US$4.54 million to an unknown wallet address, including: 103,911 AVAX (worth US$2.04 million), 5.98 million SEI (worth US$1.18 million), and 7.58 million MOVE (worth US$1.32 million), of which MOVE was subsequently transferred to the Ceffu wallet.
New Hampshire becomes first state in the U.S. to pass “strategic bitcoin reserve” legislation
According to a statement released by Satoshi Action Fund, New Hampshire officially signed HB 302, becoming the first state in the United States to pass the "Strategic Bitcoin Reserve" (SBR) legislation. The bill authorizes the state treasurer to purchase Bitcoin or digital assets with a market value of more than $500 billion, and sets the holding limit at 5% of the total reserve funds. The reserve assets must be managed through a multi-signature mechanism or exchange product that complies with US regulatory compliance to ensure transparency and security. The bill will officially take effect in 60 days.
Strike launches Bitcoin mortgage service with minimum loan amount of $75,000
According to The Block, Strike, a Bitcoin Lightning Network payment application founded by Jack Mallers, announced the official launch of the crypto loan service "Strike Lending". The service is open to individual and corporate users, initially only in certain areas of the United States, and will be expanded to the world in the future. Users can use Bitcoin as collateral to obtain cash without selling their holdings. The loan period is 12 months, the amount ranges from US$75,000 to US$2 million, the annual interest rate is at least 12%, and there are no loan origination fees and early repayment fees, and credit scores are not affected. Strike emphasizes that its loans are supported by vetted capital providers, and assets will be held in custody by partner institutions during the loan period. The platform always bears legal responsibility for user assets.
Doodles announced that $DOOD will be listed on Solana and launch a 13% airdrop plan
According to the official announcement of Doodles, $DOOD tokens will be issued as native assets of the Solana chain and will be airdropped to eligible wallet addresses during the TGE (token generation event). Holders of multiple types of collections such as OG Doodles, Space Doodles, Dooplicators, etc. can be allocated, and 13% of the tokens will be allocated to users of cooperative communities such as Bonk, Solana Mobile, and Helius. Users who have not pre-registered can manually claim them within 77 days after the TGE. The official plan is to bridge $DOOD to the Base chain in the future to achieve cross-chain circulation. The first batch of cooperative communities include: BonkBot active traders, the top 2,500 wallets of Bonk rewards, drip.haus active creators and Doodles collection holders, Solana Mobile pre-orderers, the top 2,500 wallets of Vector broadcast volume, the top 5,000 pledgers of Helius, ElizaOS contributors, "The Pond" NFT holders (snapshot on May 6), etc. The BSC community (TST, Mubarak, Babydoge, etc.) airdrops will be issued by their respective projects. The community qualification check tool for the Solana ecosystem will be launched soon.
USDC Treasury issues an additional $250 million USDC on Solana chain
According to Whale Alert monitoring, at 2:51 am Beijing time today, USDC issuer USDC Treasury issued an additional $250 million USDC on the Solana blockchain. In addition, at 4:01 am, USDC Treasury also destroyed 94,524,840 USDC on the Ethereum chain, corresponding to approximately $94,522,005.
ZKsync achieves full EVM equivalence, allowing developers to seamlessly deploy Ethereum contracts
According to the official announcement of ZKsync, ZKsync has now achieved full EVM equivalence. Developers can directly use the EVM bytecode compiled by Solidity to deploy on the ZKsync chain, without the need to use special tools such as zkSolc and Foundry ZKsync. This feature was introduced through the 27th version of the protocol upgrade and was officially approved for launch by the governance proposal ZIP-9. The EVM bytecode will be executed on EraVM through the EVM interpreter to achieve seamless compatibility with mainstream Ethereum development tools such as Foundry, Hardhat, and Remix. Despite this, due to differences in operating modes, the mechanism still has limitations such as different gas calculation methods, some EVM instructions (such as CALLCODE, SELFDESTRUCT) are not supported, and the execution fee is higher than the native EraVM contract. ZKsync recommends that performance-sensitive projects still prioritize EraVM native development. This upgrade will gradually expand to other ZK chains in the Elastic Network.
WLFI launches Snapshot proposal, plans to airdrop USD1 stablecoin to $WLFI holders
According to the official announcement of World Liberty Financial, it has launched the Snapshot proposal to test the on-chain airdrop function, issuing a small amount of USD1 stablecoin to all eligible $WLFI holders to verify the actual operation of the airdrop system and give back to early supporters. The airdrop will be funded by WLFI and executed through the Ethereum mainnet. The specific amount and eligibility criteria will be announced later. The voting is currently open and will end on May 14. The voting page shows a 100% support rate.
sns.sol announces SNS token economics: airdrop accounts for 40%
Solana domain name service sns.sol (formerly Bonfida) announced that it will soon launch a new token SNS, of which 40% will be distributed to early and new supporters. In addition, it also released the white paper and token economics of the token, and the airdrop inspection page is now online. According to its official website, the total supply of SNS tokens is 10 billion, of which airdrops account for 40%, future emissions and communities account for 20%, the ecosystem increases to 26.25%, liquidity 5%, and core contribution value 8.75%.
Michael Mo, CEO and co-founder of KULR Technology, a New York Stock Exchange-listed company, published a post on the X platform, revealing that the company has increased its holdings of 42 bitcoins at an average price of $94,403, with a total value of approximately $4 million. As of now, its annualized return on bitcoin (YTD) has reached 197.5%. As of May 6, 2025, the company holds 716.2 bitcoins, with an average purchase price of $96,342, with a total value of approximately $69 million.
According to Fortune magazine, NewLimit, a biotech company co-founded by Coinbase founder and CEO Brian Armstrong, has completed a $130 million Series B financing round led by Kleiner Perkins. The company focuses on epigenetic reprogramming technology, repairing aging cells through AI and single-cell sequencing technology, and has made breakthrough progress in the regeneration of liver and immune system cells. Armstrong said that this technology is expected to "double" human life span again. NewLimit uses artificial intelligence to reduce the cost of a single cell test to a few cents, greatly accelerating the research process. The company plans to launch non-human primate experiments in the next two years and seek permission for human clinical trials around 2028. Ilya Fushman, partner at Kleiner Perkins, pointed out that the technology is advancing anti-aging research at an unprecedented rate in the industry through the combination of large-scale genomics and cutting-edge AI.
Space and Time airdrop is now open for inquiry
Space and Time posted on the X platform announcing that the airdrop query is now online, "Gigaclaim 0 will provide eligible community members with the opportunity to claim up to 375 million SXT, and the claim activity will start on May 8."
According to CoinDesk, Nasdaq-listed DeFi Development Corporation (formerly Janover) announced that it had increased its holdings of 82,404 SOL through over-the-counter transactions, bringing its total holdings to over 400,000, worth more than $57 million at the current price of $143. The company said that the newly purchased tokens include lock-up period restrictions and will be held through the BitGo over-the-counter trading platform and used for staking and interest.
BlackRock purchased another 5,613 BTC, worth about $529.5 million
According to Lookonchain, BlackRock has purchased another 5,613 BTC worth about $529.5 million, and its total bitcoin holdings have now reached 620,252, worth about $58.51 billion. Since April 21, BlackRock has purchased a total of 47,064 bitcoins, with a total value of about $4.44 billion.
Standard Chartered Bank: BNB price may reach $2,775 by the end of 2028
According to CoinDesk, Geoff Kendrick, head of asset research at Standard Chartered Bank, predicted in a research report released on Tuesday that BNB Chain's native token BNB is expected to reach $2,775 by the end of 2028. The report pointed out that since May 2021, BNB's price trend has been highly consistent with an unweighted portfolio consisting of Bitcoin and Ethereum, and this correlation is expected to continue. Kendrick expects this relationship to continue, and BNB's price will rise from the current price of about $600 to $2,775 by the end of 2028. Kendrick said that as long as Binance remains one of the largest centralized exchanges (CEX), "BNB's value drivers are unlikely to change soon," which means that the token has the potential to become a benchmark for digital assets. He pointed out that BNB Chain is almost entirely used for decentralized exchanges (DEX), lending protocols, and liquidity pledges, which means that it is a "more centralized and more 'traditional' smart contract platform than competitors such as Ethereum and Avalanche."
Conflux will destroy 76 million CFX and pledge 500 million CFX
Conflux Network announced that the CFX destruction and staking proposal has been voted through, 76 million CFX will be destroyed and 500 million CFX will be staked to reduce the PoS annual interest rate to about 13.38%. The Conflux Foundation will carry out the destruction as soon as possible, and the record will be shared on the chain after the destruction is completed.
Berachain Boyco airdrop is now available
The Berachain Foundation announced on the X platform that the Berachain Boyco airdrop is now open for claiming. Official reminder that most pre-deposit vault rewards and all deposits must be claimed directly from the corresponding vault. Non-BERA incentives should be claimed on each protocol's website, specifically according to its token generation event (TGE)/points program, etc. It is reported that Boyco is a pre-release liquidity platform that allows users to pre-deposit liquidity in Berachain's DeFi protocol directly on Ethereum.
According to CoinDesk, DogeOS, the application development layer of Dogecoin ecosystem, has completed a $6.9 million financing, led by Polychain Capital. The project aims to provide developers with operating system-level tools based on the Dogecoin blockchain to support the development of consumer applications such as games and AI. Jordan Jefferson, CEO of the MyDoge wallet development team, said that the demand of the existing 500,000 wallet users shows that the community has strong expectations for native Dogecoin applications. This financing will accelerate the transformation of Dogecoin from a simple payment token to a multi-functional ecosystem. By simplifying the development process, DogeOS is expected to promote more DeFi and entertainment applications to integrate DOGE payments and enhance its actual usage scenarios.
SOL Strategies, a listed company, announced the purchase of 122,524 SOL
According to official news, SOL Strategies, a company listed on the Canadian Stock Exchange, announced that it has purchased 122,524 SOL tokens at an average price of US$148.96, mobilizing all of the initial US$20 million in funds from its recently completed ATW financing tool.
Haedal launches buyback program to use protocol revenue directly to reward veHAEDAL stakers
According to official news, Sui Ecological Liquid Staking Protocol Haedal announced the launch of a repurchase plan, which aims to use the protocol income directly to reward veHAEDAL pledgers. The specific operation is as follows: Every week, Haedal will use 50% of its protocol income (including liquidity staking fees + HMM fees + haeVault's net profit) to directly buy back HAEDAL tokens from the secondary market. HAEDAL will be distributed to veHAEDAL holders in proportion to their balances. (After each repurchase, the actual reward will be executed in the veHAEDAL epoch of the following week. The rewards will be automatically accumulated, can be claimed every week and will not expire. veHAEDAL holders can enjoy higher rewards every week, while also gaining more future practical functions and governance power.
Binance to List Maple Finance (SYRUP) and Kamino Finance (KMNO) and Add Seed Tags
According to the official announcement, Binance will list Maple Finance (SYRUP) and Kamino Finance (KMNO) at 23:00 on May 6, 2025 (GMT+8) and open the following spot trading pairs: SYRUP/USDT, SYRUP/USDC, KMNO/USDT, KMNO/USDCSYRUP. The KMNO recharge channel will be opened in one hour, and withdrawals are expected to be opened at 23:00 on May 7, 2025 (GMT+8).
According to the Financial Times, there was suspected insider trading on the first day of Melania Trump's MELANIA token listing. In the first three minutes of Trump's announcement of the token on January 19, more than 20 digital wallets purchased tokens worth $2.6 million, and then sold 81% of their holdings within 12 hours for a profit of nearly $100 million. These wallets are linked on the chain to projects associated with Texas crypto entrepreneur Hayden Davis, but Davis denied participating in the profit to independent investigative reporters. The organizers behind MELANIA reportedly operated through Delaware-based MKT World LLC and have withdrawn $64.7 million in primary sales and fees, not including the $99.6 million accumulated by early traders. Since 2021, Melania Trump has used MKT World for a number of businesses, but her specific role or profit-sharing structure has not yet been clarified. Melania has not yet publicly commented on the market activities or governance of the token. The media reported that similar wallet patterns also appeared in the LIBRA scandal, indicating that the strategy of using celebrities to speculate in cryptocurrencies is not uncommon. Despite regulatory loopholes and on-chain anonymity, the incident illustrates the growing complexity of political branding in digital assets and the challenges facing retail participants in the rapidly evolving crypto market.
According to CoinDesk, DeFi analysis platform IntoTheBlock and liquidity service provider Trident Digital announced a merger to form Sentora, and completed a $25 million founding round of financing, led by New Form Capital, with participation from Ripple, Tribe Capital, UDHC and Joint Effects, and further support from strategic ecosystem investors such as Curved Ventures, Flare and Bankai Ventures. The new company will be led by Trident co-founder and former Coinbase risk strategy director Anthony DeMartino, and aims to provide institutional investors with one-stop on-chain financial services covering yield strategies and compliance risk control. Sentora integrates IntoTheBlock's more than $3 billion institutional-level DeFi analysis data with Trident's structured liquidity solution, and will develop a unified interface to solve the problem of fragmented interactions among multi-chain protocols. CTO Jesus Rodriguez said its goal is to build "core infrastructure that enables DAOs, family offices and other institutions to securely access DeFi."
The creator of the meme coin Trump has earned over $320 million in fees so far
Chainalysis data shows that since the launch of the meme coin TRUMP earlier this year, its creator has earned more than $320 million in fees, according to Fortune magazine. After the Trump dinner was first announced, trading activity for the meme coin surged, and the price rose accordingly. But the Trump family does not need to sell any meme coins to make money. According to its white paper, 20% of the total supply of 1 billion TRUMP coins are in circulation, half of which are invested in decentralized exchange liquidity pools. CIC Digital, an affiliate of the Trump Organization, makes money by charging a 0.3% fee on each transaction. Blockchain analysis company Nansen pointed out that this model does not rely on price fluctuations, but continues to earn income through trading volume. Currently, 80% of the tokens are still locked and belong to Trump-related companies. US Democrats have criticized the model as a possible channel for anonymous people to improperly influence the president. Although Trump denied paying attention to price fluctuations in an NBC interview, data shows that the transaction fees related to the Trump dinner announcement reached $1.3 million in the week.
