PA Daily | Futu Securities launches currency recharge services for BTC, ETH and USDT; the People's Bank of China announces interest rate cuts
転載元： panewslab
05/07/2025·16hToday's news tips:
Doodles announces $DOOD will go online to Solana and launch 13% airdrop program
Binance adds 6 new tokens including ALPHA and HIFI to the observation list
Binance Alpha adds Polyhedra (ZKJ)
Moonshot launched urmom ($urmom)
China's People's Bank of China announces interest rate cuts
Regulatory/Macro
Futu Securities announced that it has officially launched the recharge services of Bitcoin (BTC), Ethereum (ETH) and Tether (USDT). Qualified investors can recharge, trade or withdraw cryptocurrencies through the Futuniu Niu App, and flexibly invest in traditional financial assets including Hong Kong stocks, US stocks, ETFs, funds and bonds to achieve rapid switching between virtual assets and traditional assets. Futu said that the new feature aims to improve the flexibility of cryptocurrency investment and provide investors with a convenient allocation path from Crypto to traditional financial assets (TradFi). In addition, Futu plans to support more mainstream cryptocurrencies in the future to further optimize the investment experience. Previous news, Futu Crypto supports BTC and ETH recharge, and USDT is only for professional investors.
U.S. Senate to vote on the key GENIUS stablecoin bill Thursday
The U.S. Senate will vote on the GENIUS stablecoin bill on Thursday. The bill requires stablecoins to be fully backed by assets such as the US dollar and short-term Treasury bonds. Since at least 60 votes are required to pass, the Republican Party needs to win the support of some Democratic lawmakers, but some lawmakers in both parties currently oppose the bill. Democratic lawmakers believe the bill requires stricter regulatory measures, especially for foreign stablecoin issuers and anti-money laundering clauses. At the same time, some lawmakers in the Republican Party have expressed doubts about whether the bill is necessary. In addition, the Democratic Party has launched an investigation into former President Trump's relationship with the cryptocurrency industry, further increasing the complexity of the bill's advancement. The results of this vote will have an important impact on the US stablecoin regulatory policy. Previous news, Senator Lummis announced his support for the GENIUS Act to regulate the stablecoin market.
Japanese listed company Metaplanet once again increases its holdings of 555 Bitcoins
According to Metaplanet's announcement, as of May 7, the company purchased 555 new Bitcoins at an average price of 138,24,064 yen (about 89,000 US dollars), with a total amount of 7.672 billion yen, with a total holding of 5,555 BTC, and a total investment of 71.763 billion yen (about 465 million US dollars). This purchase is part of its "Bitcoin Fiscal Strategy". Since 2024, the company continues to buy Bitcoin through additional stock issuance and bond issuance.
U.S. Senator Chris Murphy posted a statement saying that he would introduce the MEME Act, prohibiting the president or members of Congress from issuing Meme coins. Murphy said "Trump currency is the biggest corruption scandal in White House history" and said he would work with Rep. Sam Liccardo to push legislation to curb such behavior.
Bitwise applies for NEAR spot ETF, NEAR joins the US SEC review queue
According to Cointelegraph, crypto asset manager Bitwise has filed an S-1 document with 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 escrowed by Coinbase Custody and the ETF's trading code, managed fees and listing of the exchange has not yet been disclosed. Bitwise registered a NEAR Trust in Delaware on April 28 and plans to submit 19b-4 documents to formally initiate the approval process.
China's People's Bank of China announces interest rate cuts
Pan Gongsheng, Governor of the People's Bank of China, announced at the press conference of the State Council Information Office that the reserve requirement ratio will be cut by 0.5 percentage points and the policy interest rate will be reduced by 0.1 percentage points. Specifically: First, reduce the deposit reserve ratio by 0.5 percentage points, and is expected to provide the market with a long-term liquidity of about 1 trillion yuan. Second, improve the deposit reserve system and reduce the deposit reserve ratio of auto finance companies and financial leasing companies from the current 5% to 0%. Third, the policy interest rate was lowered by 0.1 percentage point, that is, the open market 7-day reverse repurchase operation interest rate was reduced from the current 1.5% to 1.4%, which is expected to drive the loan market quotation rate (LPR) to decline by about 0.1 percentage point simultaneously. Fourth, the interest rate of structural monetary policy instruments was lowered by 0.25 percentage points, including: the interest rate of various special structural instruments and the interest rate of re-lending for agriculture and small businesses, both of which were reduced from the current 1.75% to 1.5%; the interest rate of mortgage supplementary loans (PSL) was reduced from the current 2.25% to 2%. In addition, the central bank will lower the interest rate for personal housing provident fund loans by 0.25 percentage points, the interest rate for first homes over 5 years is reduced from 2.85% to 2.6%, and the interest rates for other periods will be adjusted simultaneously. The amount of re-loans for scientific and technological innovation and technological transformation will be increased from the current 500 billion yuan to 800 billion yuan, and will continue to support the implementation of the "two new" policies. The People's Bank of China will set up a 500 billion yuan re-loan for consumption and pension, and increase low-cost financial support in key areas of consumption.
According to a statement released by Satoshi Action Fund, New Hampshire officially signed the HB 302 Act, becoming the first state in the United States to pass the "Strategic Bitcoin Reserve" (SBR). The bill authorizes state fiscal officials to purchase Bitcoin or digital assets with a market value of more than $500 billion and set a cap on holdings to 5% of the total reserve funds. Reserve assets must be custodialized through a US regulatory compliance multi-signature mechanism or exchange products to ensure transparency and security. The bill will officially come into effect 60 days later.
Project News
Binance adds 6 new tokens including ALPHA and HIFI to the observation list
Binance announced that it will add six new tokens to the Monitoring Tag list on May 7, including Stella (ALPHA), Hifi Finance (HIFI), LeverFi (LEVER), Movement (MOVE), Portal (PORTAL) and Rei Network (REI).
According to Binance announcement, Polyhedra Network (ZKJ) has been listed on the Binance Alpha area. All users with Alpha points of 142 points will receive 50 ZKJ tokens; users with points between 64 and 141 points and UID tail number 2 will receive 50 ZKJ for lucky airdrops. Alpha points are used to evaluate users' activity in Binance Alpha and its wallet ecosystem. Participating in airdrops must meet regional compliance requirements.
STPT will be renamed AWE, Binance will launch token replacement and brand upgrade
According to Binance announcement, Standard Tokenization Protocol (STPT) will undergo token replacement and upgrade its brand to AWE Network (AWE). Binance will stop STPT trading at 11:00 on May 19 (UTC+8) and open AWE trading at 16:00 on May 21, with the tokens automatically replaced 1:1. The original STPT recharge and withdrawal will be suspended on May 19, and AWE recharge will be open on May 21. Other related services (such as leverage, currency earning, flash exchange, etc.) will remove STPT in stages and transition to AWE.
Binance Alpha adds Polyhedra (ZKJ)
The Binance APP page shows that Binance Alpha has added Polyhedra Network (ZKJ).
Moonshot launched urmom ($urmom)
Moonshot announced the launch of the Solana chain currency urmom ($urmom). Its current market value is approximately US$12.4 million, with a 24-hour trading volume of US$22.1 million.
According to the official announcement of Movement, the project has been reorganized into Move Industries and has entered a new stage. Torab (current CEO and ecosystem architect) and Will (current president and CMO) took over the leadership, announcing the promotion of new governance structures and technical routes, emphasizing "return to the community and technology nature." In the future, MoveDrop airdrop, Parthenon project and major technological upgrades will be launched.
Binance announces postponement of additional MOVE HODLer airdrop plan
According to Binance announcement, the airdrop of additional holders (5% of the total supply) of Movement (MOVE), which was originally scheduled to be announced in December 2024 (launched about six months after the spot listing), will be postponed due to recent turmoil in the project. The specific issuance time is subject to further explanation. Binance said it will temporarily keep the airdrop tokens and disclose the wallet address to ensure transparency.
Solayer will unlock the second quarter token on May 16, 100% for ecological incentives and growth
According to the announcement of the Solayer Foundation, the next round of community tokens will be unlocked on May 16, all for the second quarter incentives, early users, InfiniSVM developers and ecosystem development, including native product launch and product growth plans. The foundation said it will announce the details of token allocation and new product release plans in May.
According to Binance announcement, Binance will suspend token recharges and withdrawals of ETH, Arbitrum, Optimism, zkSync Era, Base, Manta, Starknet, Polygon, Metis, Scroll, Cyber, Metal DAO, Celo and Worldcoin networks from 17:45 on May 7, 2025 (Beijing time), to support the upgrade and hard fork of ETH network at 18:05. During this period, transactions will not be affected. Binance will handle technical issues on its behalf. After the network is stable, it will resume charging and withdrawal. No further notice will be made.
Coinbase launches open source HTTP-based payment protocol x402
The Coinbase developer platform announced the launch of the new open source payment protocol x402, aiming to activate the Internet to retain the unenabled HTTP 402 status code "Payment Required" for a long time, and convert it into a true on-chain payment layer, suitable for new scenarios such as API service providers, content creators, and context protocols. x402 allows server requests for payment, and clients (including humans and smart agents) to respond instantly, and supports micropayment pay-per-view, without the need for cumbersome subscriptions. Coinbase said that the agreement is expected to simplify the Web3 payment process and provide new infrastructure for agency economy and on-chain services. x402 is currently open source, and developers are welcome to participate in co-construction.
Doodles announces $DOOD will go online to Solana and launch 13% airdrop program
According to the official announcement of Doodles, the $DOOD token will be issued as a Solana chain native asset and will be airdropped to a qualified wallet address during the TGE (token generation event). OG Doodles, Space Doodles, Dooplicators and other collections can all be allocated, and 13% of the tokens will be distributed to partner community users such as Bonk, Solana Mobile, and Helius. Unpre-registered users can manually collect it within 77 days after TGE. The official plan will subsequently bridge $DOOD to the Base chain to realize cross-chain circulation. The first batch of cooperative communities include: BonkBot active traders, Bonk top 2500 wallets, drip.haus active creators and Doodles collection holders, Solana Mobile pre-orderers, Vector broadcast top 2500 wallets, Helius top 5000 stakers, ElizaOS contributors, "The Pond" NFT holders (snapshot on May 6), etc. The airdrops of BSC communities (TST, Mubarak, Babydoge, etc.) will be distributed by their respective projects. A community qualification inspection tool for Solana ecosystem will be launched soon.
Important data
According to Binance market data, ALPHA and PORTAL may be affected by the addition to Binance Observation tag, ALPHA and PORTAL fell by more than 15% in a short period of time, of which: ALPHA fell by 17.82% in a short period of time, and are now quoted at US$0.024; PORTAL fell by 17.35% in a short period of time, and are now quoted at US$0.0649; REI fell by 14.5% in a short period of time, and are now quoted at US$0.021. LEVER fell 14.08% in a short period of time and is now quoted at US$0.00047; MOVE fell 13.68% in a short period of time and is now quoted at US$0.1538; HIFI fell 6.83% in a short period of time and is now quoted at US$0.234; Previous news, Binance added 6 tokens including ALPHA and HIFI to the observation list.
Trump's family project WLFI transfers over $4.5 million in assets to unknown wallet
According to Onchain Lens monitoring, five hours ago, World Liberty Finance (WLFI) transferred crypto assets worth about $4.54 million to unknown wallet addresses, including: 103,911 AVAX (valued at $2.04 million), 5.98 million SEI (valued at $1.18 million), and 7.58 million MOVE (valued at $1.32 million), of which MOVE was then transferred to Ceffu wallet.
Financing
Nasdaq listed company Thumzup Media Corporation (NASDAQ: TZUP) announced that it would increase its financing registration amount from US$200 million to US$500 million, preparing to raise more funds through issuance of stocks, bonds and other means in the next three years. The company currently holds 19.106 bitcoins (approximately $1.8 million) and plans to invest up to 90% of its current assets in Bitcoin, further strengthening its digital asset strategy. No securities have been sold yet, and the specific financing plan will be announced separately. Previous news, Nasdaq listed company Thumzup submitted an S-3 registration statement, intending to issue up to US$200 million in securities to acquire Bitcoin.
The Middle East and Türkiye's digital asset infrastructure company Fuze recently completed a US$12.2 million Series A financing, led by Galaxy Digital and e& capital. Fuze provides "digital assets as a service" infrastructure to MENA and Turkey's financial institutions and enterprises, and has launched a stablecoin and payment product FuzePay. Funds will be used to accelerate regional and global expansion, product innovation and compliance construction. Fuze said that nearly all financial institutions will adopt crypto or stablecoin services in the next 12 months.
NewLimit, a biotech company co-founded by Coinbase founder and CEO Brian Armstrong, completed a $130 million Series B round, led by Kleiner Perkins. The company focuses on epigenetic reprogramming technology, repairing senescent cells through AI and single-cell sequencing technology, and has made breakthrough progress in the regeneration of liver and immune system cells. Armstrong said the technology is expected to "double" growth in human life span again. NewLimit uses artificial intelligence to reduce the cost of a single cell test to a few cents, significantly accelerating the research process. The company plans to launch non-human primate experiments in the next two years and seek human clinical trial licenses around 2028. Kleiner Perkins partner Ilya Fushman pointed out that the technology is advancing anti-aging research at an unprecedented rate through the combination of scale genomics and cutting-edge AI.
Dogecoin ecological application development layer DogeOS completed a US$6.9 million financing, led by Polychain Capital. The project aims to provide developers with operating system-level tools based on Dogecoin blockchain to support the development of consumer-level applications such as games and AI. Jordan Jefferson, CEO of MyDoge wallet development team, said the demand of existing 500,000 wallet users demonstrates the community's strong expectations for native Dogecoin applications. This financing will accelerate Dogecoin's transformation from a simple payment token to a multifunctional ecosystem. By simplifying the development process, DogeOS is expected to promote more DeFi and entertainment applications to integrate DOGE payments and improve its actual usage scenarios.
