Important information last night this morning (May 6-May 7)
Reprinted from panewslab
05/07/2025·1M
According to Lookonchain monitoring, a wallet suspected to be associated with Jeffy Yu sold 35.55 million $ZEREBRO for 8,572 SOLs (about $1.27 million), and then transferred 7,100 of them to the $LLJEFFY developer wallet "G5sjgj".
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.
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 the founder of Hey Anon, the founder of Zerebro admitted through a private letter that he forged the suicide incident with the goal of completely withdrawing from the public eye and getting rid of harassment and blackmail. He explained that if he leaves the market publicly, it will lead to a plunge in its project tokens $ZEREBRO and $OPAIUM, users will panic and sell, and they may also encounter more serious personal threats. At present, it has discontinued all social accounts and plans to engage in music creation anonymously, and said it has not made any profit from it, just to seek security and privacy.
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.
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.
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.
Strike launches Bitcoin mortgage service with a minimum loan amount of $75,000
According to The Block, Strike, a Bitcoin Lightning Network payment app founded by Jack Mallers, announced the official launch of the crypto loan service "Strike Lending". The service is for individual and corporate users. It is only open in specific regions of the United States in the initial stage and will expand to the world in the future. Users can use Bitcoin as collateral to obtain cash without selling their positions. The loan term is 12 months, the amount range is US$75,000 to US$2 million, the annual interest rate is at least 12%, and there is no loan initiation fee or early repayment fee, and the credit score will not be affected. Strike stressed that its loans are supported by the reviewed capital provider, and the assets will be escrowed to the partner institutions during the loan period, and the platform always bears legal liability for user assets.
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.
USDC Treasury issues US$250 million in Solana Chain
According to Whale Alert monitoring, at 2:51 am Beijing time today, USDC issuer USDC Treasury issued an additional US$250 million USDC on Solana blockchain. In addition, at 4:01 a.m., USDC Treasury also destroyed 94,524,840 USDCs on the Ethereum chain, with the corresponding amount of approximately US$94,522,005.
ZKsync achieves full EVM equivalent, developers can seamlessly deploy Ethereum contracts
According to ZKsync's official announcement, ZKsync has now achieved complete EVM Equivalence. Developers can directly use Solidity to compile and deploy the EVM bytecode on the ZKsync chain without using zkSolc, Foundry ZKsync and other special tools. This feature was introduced through the 27th version of the protocol and was officially approved and launched by the governance proposal ZIP-9. EVM bytecode will be executed on EraVM through the EVM interpreter, achieving seamless compatibility with mainstream Ethereum development tools such as Foundry, Hardhat, and Remix. Despite this, due to different operating modes, the mechanism still has restrictions such as gas calculation methods, some EVM instructions (such as CALLCODE, SELFDESTRUCT) are not supported, and the execution cost is higher than that of native EraVM contracts. 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 to airdrop USD1 stablecoin to $WLFI holders
According to the official announcement of World Liberty Financial, it has launched a Snapshot proposal, intending to test the chain airdrop function and issue a small amount of USD1 stablecoins to all eligible $WLFI holders to verify the actual operational effect of the airdrop system and give back to early supporters. The airdrop will be funded by WLFI and implemented through the Ethereum main network. The specific amount of issuance and qualification standards will be announced later. The vote has been started and will end on May 14th. The voting page shows a 100% approval rating.
sns.sol announced SNS token economics: airdrop accounts for 40%
Solana domain name service sns.sol (formerly Bonfida) announced that it will launch a new token, SNS, with 40% of the tokens to be distributed to early and new supporters. In addition, it also released the token's white paper and token economics, and the airdrop inspection page is currently 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 are 20%, the ecosystem increases to 26.25%, liquidity is 5%, and the core contribution is 8.75%.
Michael Mo, CEO and co-founder of KULR Technology, a New York Stock Exchange-listed company, disclosed on the X platform that the company has increased its holdings of 42 bitcoins at an average price of $94,403, with a total value of about $4 million. As of now, its annual Bitcoin yield (YTD) has reached 197.5%. As of May 6, 2025, the company held 716.2 bitcoins, with an average purchase price of US$96,342, with a total value of approximately US$69 million.
According to Fortune magazine, NewLimit, a biotech company co-founded by Coinbase founder and CEO Brian Armstrong, completed a $130 million Series B financing 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.
Space and Time airdrops have been opened for inquiries
Space and Time posted an article on the X platform to announce that the airdrop query is now online. "Gigaclaim 0 will provide up to 375 million SXT collection opportunities for qualified community members, and the collection activity will begin on May 8."
According to CoinDesk, Nasdaq listed company DeFi Development Corporation (formerly Janover) announced an increase in holdings of 82,404 SOL through over-the-counter trading, bringing its total holdings to exceed 400,000, worth more than $57 million based on the current $143 calculation. The company said the newly purchased tokens include lock-in restrictions and will be held through the BitGo OTC trading platform and used for interest generation.
BlackRock buys 5,613 BTC again, worth about $529.5 million
According to Lookonchain monitoring, BlackRock purchased 5,613 BTC again, worth about US$529.5 million. Its total Bitcoin holdings have reached 620,252, worth about US$58.51 billion. Since April 21, BlackRock has purchased a total of 47,064 bitcoins, with a total value of approximately US$4.44 billion.
Standard Chartered Bank: BNB price may reach US$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 native token BNB is expected to reach $2,775 by the end of 2028. The report notes that since May 2021, BNB's price movements have been highly consistent with the unweighted portfolio of Bitcoin and Ethereum, and this correlation is expected to continue. Kendrick expects the relationship to continue, with BNB's price going up from its 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 (CEXs), “the value drivers of BNB are unlikely to change anytime soon”, meaning the token could become the benchmark for digital assets. He noted that BNB Chain is almost entirely used in decentralized exchanges (DEXs), lending protocols and liquidity staking, meaning 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 proposal for CFX destruction and pledge has been voted to pass, 76 million CFX will be destroyed and 500 million CFX will be pledged to reduce the annual interest rate of PoS to about 13.38%. The Conflux Foundation will destroy it as soon as possible, and records will be shared on the chain after the destruction is completed.
Berachain Boyco airdrops are open for collection
The Berachain Foundation announced on the X platform that Berachain Boyco airdrops are now open to be collected. Official reminders say that most pre-deposit vault rewards and all deposits must be collected directly from the corresponding vault. Non-BERA incentives should be collected on the website of each protocol, specifically based on its Token Generation Event (TGE)/Points Plan, etc. It is reported that Boyco is a pre-release liquidity platform, where users can directly pre-store liquidity in Berachain's DeFi protocol on Ethereum.
According to CoinDesk, DogeOS, Dogecoin ecological application development layer, 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.
Listed company SOL Strategies announces the purchase of 122,524 SOL
According to official news, Canadian Stock Exchange listed company SOL Strategies announced that it has purchased 122,524 SOL tokens at an average price of US$148.96, using all the initial funds of its recently completed ATW financing instrument.
According to official news, Sui ecological liquidity staking agreement Haedal announced the launch of a repurchase plan, aiming to directly use the agreement income to reward veHAEDAL stakeholders. The specific operation is as follows: Haedal will use 50% of its agreement income (including liquid staking fees + HMM fees + haeVault's net profit) to directly return to HAEDAL tokens from the secondary market. HAEDAL will be allocated to veHAEDAL holders in proportion to their balance. (After each repurchase, the actual reward will be executed in the next week's veHAEDAL epoch. The rewards will be automatically accumulated and can be collected weekly and will not expire. VeHAEDAL holders can enjoy higher rewards every week, while also gaining more practical future features and governance powers.
Binance will list Maple Finance (SYRUP) and Kamino Finance (KMNO) and add seed tags to them
According to the official announcement, Binance will launch Maple Finance (SYRUP) and Kamino Finance (KMNO) at 23:00 on May 6, 2025 (East Eighth District time) 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 (East Eighth District time).
Financial Times: Traders buy before Trump's Melania token MELANIA goes public, making $100 million
According to the Financial Times, Melania Trump's MELANIA token was suspected to have insider trading on the first day of its listing. In the first three minutes of Trump's announcement of the launch 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 to make a profit of nearly $100 million. The wallets are on-chain related to Texas crypto entrepreneur Hayden Davis, but Davis denied to independent investigative reporters that they participated in making money. The organizers behind MELANIA have reportedly withdrawn $64.7 million in Tier 1 sales and handling fees through Delaware-based MKT World LLC, which does not include the $99.6 million accumulated by early traders. Melania Trump has used MKT World to conduct multiple businesses since 2021, but its specific role or profit sharing structure has not yet been clarified. Melania has not publicly commented on the token's market activity or governance. The media reported that similar wallet models also appeared in the LIBRA scandal, indicating that strategies to use well-known figures to speculate in cryptocurrency are common. Despite regulatory vulnerabilities and on-chain anonymity, this event demonstrates the increasing complexity of political brands in digital assets and the challenges faced by retail players in the rapidly growing crypto market.
Sentora, a DeFi project merged by IntoTheBlock and Trident, completes $25 million in financing
According to CoinDesk, DeFi analytics platform IntoTheBlock and liquidity service provider Trident Digital announced the merger to form Sentora and completed a $25 million founding round of financing. New Form Capital led the investment, and Ripple, Tribe Capital, UDHC and Joint Effects participated in the investment, and strategic ecosystem investors such as Curved Ventures, Flare and Bankai Ventures also provided further support. The new company will be led by Anthony DeMartino, co-founder of Trident and former head of risk strategy at Coinbase, to provide institutional investors with one-stop on-chain financial services covering income strategies and compliance risk control. Sentora integrates IntoTheBlock's institutional-level DeFi analysis data of more than US$3 billion and a structured liquidity solution with Trident, and will develop a unified interface to solve the problem of multi-chain protocol interaction fragmentation. CTO Jesus Rodriguez said its goal is to build "the core infrastructure that enables organizations such as DAOs, family offices, etc. to securely access DeFi."
The creator of Meme Coin TRUMP has earned over $320 million in handling fees so far
According to Fortune Magazine, Chainalysis data shows that since the launch of Meme currency TRUMP earlier this year, its creators have made more than $320 million in profits through handling fees. After the first announcement of the Trump dinner, trading activity on the Meme coin surged and prices rose. But the Trump family can make money without selling any meme coins. According to its white paper, 20% of the total supply of TRUMP is in circulation, half of which are invested in the liquidity pool of decentralized exchanges. Trump Group affiliate CIC Digital makes a profit by charging a 0.3% handling fee per transaction. Blockchain analysis company Nansen pointed out that this model does not rely on currency price fluctuations, but continues to obtain profits through transaction volume. Currently, 80% of the tokens are still locked and belong to Trump's affiliates. Democrats in the United States criticized the model for possible role in anonymous improperly affecting the president. Although Trump denied paying attention to currency price fluctuations in an NBC interview, data showed that the news of Trump's dinner was announced that the relevant transaction fees reached $1.3 million that week.
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