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Important information last night this morning (May 13-May 14)

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Reprinted from panewslab

05/14/2025·0M

Important information last night this morning (May 13-May
14)

Upbit will launch NXPC in Korean won, BTC and USDT markets

PANews reported on May 14 that according to the official announcement, South Korean crypto exchange Upbit will launch NXPC in the Korean won, BTC and USDT markets, and the transaction will be announced later.

Abraxas Capital has purchased ETH positions in the past week reaching US$561 million

According to Lookonchain monitoring, Abraxas Capital borrowed USDT to buy more Ethereum. As of yesterday's monitoring, Ethereum's price was $2,460, and now it has exceeded $2,700 - an increase of about 10%. Abraxas Capital has purchased 242,652 ETH (worth $561 million) in the past week.

Pudgy Penguin CEO: Abstract Chain's TGE is expected to be held in Q4

Pudgy Penguins CEO Luca Netz revealed in an interview that the Token Generation Event (TGE) of Abstract Chain, Ethereum Layer2 network, is expected to take place in the fourth quarter of 2025.

An investor/institutional address transfers 11.652 million UNIs into Coinbase Prime, which is approximately US$82.38 million

According to on-chain analyst Ember Monitor, on-chain analysts after 437,000 UNIs from Uniswap Foundation address flowed into Binance. 25 minutes ago, two investors/institutional addresses that received UNI allocation from Uniswap in September 2020 transferred a total of 11.652 million UNIs (about 82.38 million US dollars) to Coinbase Prime. This is the same as the recharge address used by 9 million UNIs to Coinbase Prime half a month ago, so these UNIs are likely to belong to the same investor/institution.

Coinbase announces that it will launch cbADA, cbDOGE, cbLTC, cbXRP

According to official news, Coinbase announced that it will launch cbADA, cbDOGE, cbLTC, and cbXRP. It is not available or available yet and will be announced to be officially launched at a later date. cbADA, cbDOGE, cbLTC and cbXRP are bridged tokens of Coinbase, corresponding to wrapped versions of Cardano (ADA), Dogecoin (DOGE), Litecoin (LTC) and Ripple (XRP). They are designed specifically for Coinbase's Ethereum Layer2 network base, and cbBTC has been launched previously.

DeFi Development Corp. spent $23.6 million to increase its holdings in SOL, with total holdings increasing to 595,988 pieces

According to Bitcoin.com, Nasdaq-listed company DeFi Development Corp (formerly real estate software company Janover) announced that it would purchase 172,670 SOL tokens at an average price of $136.81 per coin, totaling approximately $23.6 million. This is the company's largest SOL token acquisition transaction to date and the tenth acquisition under its digital asset treasury strategy. After the transaction is completed, the company currently holds a total of 595,988 SOLs, including pledge rewards, worth approximately US$102.7 million. The newly purchased SOL will be held for a long time and pledged to multiple verification nodes, including the company's own SOL verification nodes to generate profits. The program continues to update the dynamics of its treasury and investment strategies through public statements and regulatory documents.

Twenty One Capital has purchased $458.7 million worth of Bitcoin

According to The Block, Twenty One Capital (stock code CEP), a cryptocurrency investment company backed by Cantor Fitzgerald, Tether and SoftBank, has purchased 4,812 bitcoins worth $458.7 million, the first of the many buy orders the company promised. A securities filing on Tuesday showed that stablecoin issuer Tether completed the purchase shortly after Twenty One Capital was established. The transaction is based on an agreement on the total revenue obtained from the subscription agreement related to the issuance of convertible bonds of the publicly traded entity. This initial allocation, mentioned in the "Initial PIPE Bitcoin" transaction, has been transferred to a wallet controlled by Tether. After the business merger is completed, Tether will sell the batch of Bitcoin to the listed company for US$458.7 million. Twenty One Capital was established through a merger with Cantor Equity Partners' SPAC. At the time of its establishment, Twenty One Capital held $3.6 billion worth of Bitcoin, becoming the third largest Bitcoin holder among listed companies.

ETH breaks through US$2,700, with an intraday increase of 5.31%

According to the Ouyi OKX market, ETH has just broken through US$2,700 and is now at US$2,702.00 per coin, with an intraday increase of 5.31%.

Trump: Stock markets will rise sharply

US President Trump said in his speech at the "US-Saudi Investment Forum" that the stock market will rise sharply.

Moonshot launches FITCOIN ($FITCOIN)

Moonshot announced the launch of FITCOIN ($FITCOIN) on the Solana chain. Its current market value is approximately US$6.2 million, with a 24-hour trading volume of US$12.1 million.

The three major U.S. stock indexes opened with mixed gains and downs, and Coinbase rose by more than 15%.

At the opening of the US stock market, the three major stock indexes rose and fell mixed, with the Dow Jones Industrial Average falling 0.4%, the S&P 500 rising 0.1%, and the Nasdaq rose 0.2%. NVDA.O rose 1.4%, US media said the United States will push Saudi Arabia to obtain artificial intelligence chips. Coinbase (COIN) rose by more than 15%. This morning, Coinbase will join the S&P 500 on May 19.

Binance Wallet will open the 16th TGE project on May 14: Privasea (PRAI)

According to the Binance Wallet announcement, the 16th issue of the exclusive TGE will be held from 18:00 to 20:00 (Beijing time) on May 14, 2025. The project is Privasea (PRAI), and will be carried out through PancakeSwap. Starting this time, users need to use Alpha points to participate, and an additional 40 million PRAIs will be used for subsequent activities. More details will be announced on the event page.

Moonshot launches Noodle ($NOODLE) and gooncoin ($GOONC)

Moonshot announced the launch of the Solana chain currency Noodle ($NOODLE). Its current market value is approximately US$14.6 million, with a 24-hour trading volume of US$33.4 million. In addition, Moonshot also launched the Solana chain new coin gooncoin ($GOONC). Its current market value is approximately US$27 million, with a 24-hour trading volume of US$41.4 million.

VanEck launches multi-chain treasury bond fund VBILL, Wormhole provides cross-chain support

VanEck, with an asset management scale of US$120 billion, launched its first tokenized treasury bond fund VBILL, which has been launched in Solana, AVAX, BNB Chain and Ethereum. VBILL completes tokenization through Securitize, providing cross-chain interoperability by Wormhole, supporting 24/7 liquidity and real-time settlement, aiming to provide institutional investors with on-chain alternatives based on US Treasury yields.

The US has not adjusted the annual CPI in April by 2.3%, and the monthly CPI rate after the seasonal adjustment is 0.2%.

According to Jinshi, the US unseasonal adjustment of CPI annual rate in April was 2.3%, expected to be 2.40%, and the previous value was 2.40%. The monthly rate of CPI in the United States was 0.2% in the seasonally adjusted in April, with an expected 0.30%, and the previous value was -0.10%. The United States did not adjust the core CPI annual rate in April was 2.8%, expected to be 2.8%, and the previous value was 2.8%. The monthly rate of core CPI in the United States was 0.2% in April, expected to be 0.30%, and the previous value was 0.1%.

Binance Alpha launches Scallop (SCA) and Redacted (RDAC)

The APP page shows that Binance Alpha is online Scallop (SCA, Redacted (RDAC).

Binance's upcoming RDAC airdrop Alpha points are required to exceed 205 points, and the application will consume 15 points of Alpha points.

According to Binance announcement, RDAC will be traded at 18:00 on May 13, 2025 (Beijing time), and the platform will be released for the first time. Qualified users can apply for 482 RDAC airdrops on the Alpha activity page from 18:00 on the same day on Beijing time. The application will consume 15 points of Alpha points and must be completed within 24 hours. Users with Alpha scores of 205 or points between 170 and 204 and UID last rank of 7 can participate in the application.

Meso Finance announces token economic model, 3% of the total MESO supply is used for air-investing

Aptos-based DeFi protocol Meso Finance announced the token economic model, with the total supply of $MESO governance tokens of 1 billion, which will be used for community governance, incentive mechanisms and platform decentralization. Token allocation includes community incentives 25%, team incentives 20%, marketing promotion 20%, foundation 12%, seed round 10%, liquidity and public offering 5%, and airdrop 3%. $MESO will run on the Aptos chain and support community voting for proposals such as new collateral assets, liquidity pool incentives and protocol upgrades. Airdrop snapshots have not been taken yet.

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