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Donald Trump: “I am very positive and open minded to cryptocurrency companies, and all things related to this new and burgeoning industry.”
realDonaldTrump/posts/112503319133425856" rel="nofollow">https://truthsocial.com/@realDonaldTrump/posts/112503319133425856
Bloomberg ETF analyst James Seyffart believes that spot Ethereum ETFs could see 20% to 25% of the demand experienced by spot Bitcoin ETFs.
https://cryptoslate.com/spot-eth-etfs-could-see-25-of-the-demand-of-btc-counterpart-bloomberg-analysts/
Ethereum Pectra Targeted For Q1 2025
The inclusion of EVM Object Format (EOF), which is a set of about 11 EIPs that introduce an opt-in container for EVM code, is a key component that is pushing the upgrade timeline to 2025. The upgrade is set to feature PeerDAS, a data availability sampling solution that uses existing peer-to-peer components within Ethereum. Developers also agreed to replace the account abstraction EIP-3074 with a newer proposal, EIP-7702, introduced by Vitalik. EIP-7702, enables EOAs to function as smart contract wallets during a transaction.
https://ethdaily.io/472
LayerZero Sybil bounty submissions are re-opening shortly under a new process on Commonwealth that will require a bond.
Bonds will NOT be returned and will be burned if reports are:
- Taking credit for other people's work
- Fraudulent in any way
- Lacking methodology
- Spam
To submit a report, all bounty hunters must post a bond of 0.5 ETH from a reward address to the following address:
0x074add683db5b42D67e002aF3F8CaaF89dFef715
Timeline
- Saturday, May 25th, 02:00 UTC: Bounty hunters can deposit bonds to the address above.
- Tuesday, May 28th, 00:00 UTC: Bounty hunting reporting will reopen on Commonwealth for 48 hours. A link will be provided then.
- Thursday, May 30th, 00:00 UTC: Bonding and submissions will close.
https://x.com/LayerZero_Labs/status/1794186650223878240
Bybit has announced the upcoming listing of zkSync (ZK).
Listing timeline will be announced soon.
Polyhedra's ticker symbol (ZK) will be changed.
https://announcements.bybit.com/en/article/bybit-to-list-zksync-zk-on-spot-blt5eb88dc6cc2ce41f/
https://announcements.bybit.com/en/article/important-updates-on-polyhedra-network-ticker-symbol-bltfa719234dbb13c49/
💧Current state of the market in our weekly overview
dropstab | icodrops | twitter | telegram
Swell TGE is expected to occur in the next few weeks.
Swell is increasing the token allocation of Season 1 (The Voyage) from 7% to 8%.
https://x.com/swellnetworkio/status/1793599535983514055
The Fantom Foundation announced its plans to establish the Sonic Foundation and Sonic Labs ahead of the rollout of its Sonic blockchain.
Associated with this new chain, the Sonic Foundation will manage governance and treasury, while Sonic Labs will focus on the development of decentralized applications across the network.
Additionally, the Fantom Foundation closed a strategic funding round of $10 million — led by Hashed — to support the Sonic Foundation. This round included participation from UOB Ventures, Signum Capital, Aave Foundation, and several angel investors including Stani Kulechov, Robert Leshner, Michael Egorov, Fernando Martinelli, Tarun Chitra, and Sam Kazemian.
https://www.theblock.co/post/296227/fantom-sonic-foundation-raise
Linea discord hacked
https://x.com/fabdarice/status/1793669237632127172
Market correction: BTC ~ $68.2K
https://dropstab.com/
Grayscale announced two new trusts, giving certain investors exposure to the Bitcoin layer-2 Stacks and Near Protocol.
https://decrypt.co/231951/grayscale-trusts-bitcoin-layer-2-stacks-near-protocol
Holograph (HLG) trading has started on ByBit.
HLG is now trading at $0,01.
FDV: $100M
https://www.bybit.com/en/trade/spot/HLG/USDT
Eric Balchunas: “My best guess is we hear from the SEC around 4pm tomorrow. For spot btc they dropped it at 3:45pm, some others in past were slightly after 4pm. Anything poss tho.”
https://x.com/EricBalchunas/status/1793393685750546475
US House approves FIT21 crypto bill with bipartisan support
The bill clarifies the roles the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have over digital assets.
https://cointelegraph.com/news/fit21-crypto-bill-house-vote-bipartisan
BlackRock files updated 19b-4 form for its spot Ethereum ETF.
https://watcher.guru/news/blackrock-files-updated-19b-4-form-for-spot-ethereum-etf
The third round of Jupiter voting has ended.
deBridge has won with 59% of the vote.
https://x.com/jupiterexchange/status/1794420749362721194
Azuro has upgraded its Polygon and Gnosis Chain subgraphs to the Graph Protocol's Decentralized Network.
https://x.com/azuroprotocol/status/1793984976918106225
Next Friday, May 31, the Uniswap Foundation will initiate the onchain vote to upgrade the Protocol so that its fee mechanism can reward UNI token holders that have staked and delegated their tokens.
https://x.com/uniswapfnd/status/1794096255590617411
Phantom Wallet surpasses Facebook in overall Google Play rankings in the United States.
https://x.com/solanafloor/status/1794039373521887603
Forgotten Playland has released its summer roadmap.
https://x.com/forgotplayland/status/1793989130940199306
SEC wins case against YouTuber Ian Balina for unregistered crypto ICO promo
Crypto YouTuber Ian Balina sold unregistered securities when he bought Sparkster (SPRK) tokens and offered them to United States investors in an investment pool, a Texas federal court judge has ruled.
The SEC said in its lawsuit that between May and July 2018, Balina purchased $5 million worth of SPRK, promoted it across multiple social media platforms and made a Telegram group to form an investment pool for the tokens.
https://cointelegraph.com/news/sec-wins-suit-ian-balina-crypto-ico-promotion
Bill to ban the Federal Reserve from issuing a CBDC passes the House.
https://x.com/bitcoinmagazine/status/1793701609563729983
The SEC has approved eight spot Ethereum ETFs
The SEC approved 19b-4 forms for the ETFs from BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy and Franklin Templeton.
While the forms have been approved, the ETF issuers need to have their S-1 registration statements go effective before trading can begin.
Bloomberg analyst James Seyffart said the approval process for this form could take at least 3 months.
https://www.theblock.co/post/296304/sec-approves-ethereum-etfs
https://downloads.coindesk.com/legal/lk87adfs99.pdf
DeFi staking platform ClayStack sunsets operations.
https://x.com/claystack_hq/status/1793570888853418239
Dfinity Foundation released an API that allows for Internet Computer smart contracts to be read and written on any EVM.
https://www.theblock.co/post/296276/dfinity-says-internet-computer-smart-contracts-now-work-with-any-evm
STEPN has released its new social lifestyle app STEPN GO
With STEPN GO, you earn rewards by staying active, using digital Sneakers.
New Features:
1. The Haus System: This social feature ensures easy onboarding for new users. Lend your Sneakers to friends or family, allowing them to start without any crypto knowledge or investment.
2. GGT Token: Earn the new GO GAME TOKEN when walking or running with your Sneaker.
3. Avatar & Outfits: Create your avatar, equip them with Outfits received through in-game crafting, and flex them on the in-app Interactive Map.
4. Energy system: To get Energy and increase the Energy Cap, users must burn Sneakers, helping maintain a stable and sustainable economy.
https://stepnofficial.medium.com/stepn-go-new-social-lifestyle-app-edd97db2e6c0
Binance has introduced the 2nd project on Binance Megadrop — Lista (LISTA), a liquid staking and decentralized stablecoin protocol
Lista Megadrop Details:
Token Name: Lista (LISTA)
Max Token Supply: 1,000,000,000 LISTA
Megadrop Token Rewards: 100,000,000 LISTA (10% of max token supply)
Initial Circulating Supply: 230,000,000 LISTA (23% of max token supply)
https://www.binance.com/en/support/announcement/introducing-lista-lista-on-binance-megadrop-lock-your-bnb-and-complete-web3-quests-for-airdrop-1d721573862848678686e1b310ba80fc
Taiko has introduced the checker for the TKO Airdrop
Checker: https://claim.taiko.xyz/
5% of the initial token supply is available to claim
Users have 7 days to check their eligibility. Once they have checked and the claim window is open, eligible users will have one month to claim their TKO.
You can check your eligibility today if you are a:
1. Taiko proposer
2. Taiko prover
3. Taiko bridger
4. Taiko user (Galxe points also included)
5. Taiko developer
6. GitHub contributor who meets conditions
7. Loopring community member who meets conditions
https://taiko.mirror.xyz/RjxK3mrDw_ek1w-P768h0Oqghpv8pdfSQ-A51n-izZg
The White House says it opposes passage of FIT 21 in its current form but also says it’s eager to work with Congress to “ensure a comprehensive and balanced regulatory framework for digital assets.”
https://x.com/eleanorterrett/status/1793287195937161481
Bitcoin and Ethereum ETPs approved for listing on the London Stock Exchange
WisdomTree has been granted approval by the Financial Conduct Authority [FCA] to list two physically backed cryptocurrency exchange-traded products [ETPs] on the London Stock Exchange [LSE]. These products, WisdomTree Physical Bitcoin [BTCW] and WisdomTree Physical Ethereum [ETHW] are set to begin trading by May 28, available exclusively to professional investors.
https://watcher.guru/news/bitcoin-ethereum-etps-garner-approval-on-london-stock-exchange