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Meteora has proposed a 25% allocation towards the Liquidity Rewards and TGE Reserve
https://x.com/MeteoraAG/status/1918115102068490477
Movement Labs suspended co-founder Rushi Manche
The move to suspend Manche comes as Coinbase delisted the MOVE token, after CoinDesk reported that Movement Labs is investigating how a market maker tied to Web3Port acquired and dumped over 5% of the token’s supply, triggering a price crash.
The MOVE token is down about 20% on the day.
https://www.coindesk.com/markets/2025/05/02/movement-labs-suspends-rushi-manche-after-coinbase-delists-move-token
Tether CEO defends decision to skip MiCA registration for USDT
https://cointelegraph.com/news/tether-ceo-defends-decision-to-skip-mi-ca-registration-for-usdt
Aztec’s Public Testnet is live
https://x.com/aztecnetwork/status/1917926796986929192
Coinbase will suspend trading for Movement (MOVE) on May 15, 2025
https://twitter.com/CoinbaseAssets/status/1917976975055950199
Sky community mulls final proposal to replace MKR with SKY as sole governance token, enabling staking and USDS rewards
https://forum.sky.money/t/atlas-edit-weekly-cycle-proposal-week-of-may-5-2025/26319
DWF Labs started acquiring some tokens on open market, building its long position
https://x.com/ag_dwf/status/1917924236586348732
💧 Top 10 Price Gainers in the Last Month
ALPACA +802.5%
VIRTUAL +195.1%
AERGO +187.2%
DEEP +181.9%
ALCH +158.8%
FARTCOIN +140.9%
TURBO +131.2%
PUDGY +117.4%
CETUS +110.3%
BRETT +108.2%
👉 https://dropstab.com/tab/top-gainers
Ethereum Set for UX Overhaul With New Interoperable Address Standards
Contributors are working on new ERC-7930 and ERC-7828 standards to simplify transactions on Ethereum and compatible chains.
https://decrypt.co/317259/ethereum-set-for-ux-overhaul-with-new-interoperable-address-standards
📈 Top 10 Tokens Launched in April by FDV
💧 DropsTab
Ethena Labs Integrates USDe into TON and Telegram Ecosystem
The partnership spans 3 major product lines, rolled out over May:
1. An integration into all major non-custodial TON wallets, such as TON Space, Tonkeeper, MyTonWallet
2. An integration into Wallet in Telegram, the custodial crypto wallet in Telegram
3. Integration into major TON DeFi applications, where Ethena will help to power trading, savings, and lending use cases
Eligible holders of Ton Staked USDe (tsUSDe) on the non-custodial wallets will get an additional 10% APY paid weekly in TON on top of native sUSDe rewards. The boost will apply to up to 10,000 tsUSDe per TON user.
Starting in May, Telegram Wallet will directly integrate Ethena, making Ethena rewards directly accessible to all users of Wallet. Ethena will power a USDT Earn vault, allowing users to stake USDT, but earn Ethena rates simultaneously. This wll make USDe the the only other dollar asset available in the wallet aside from Tether USDT on TON.
https://x.com/ethena_labs/status/1917855295335981232
Movement delayed MoveDrop due to issues with the market maker
https://x.com/movementlabsxyz/status/1917719734805749868
Canary Capital officially files a prospectus with the SEC for a Staked SEI ETF
https://x.com/jseyff/status/1917689341926899863
In a critical step toward regulatory clarity, CCI’s Proof of Stake Alliance (POSA), in partnership with nearly 30 leading crypto organizations, submitted a comprehensive letter to the SEC’s Crypto Task Force urging the agency to provide clear guidance on the regulatory treatment of staking and staking services under U.S. securities laws.
https://cryptoforinnovation.org/posa-playbook/
Coinbase lists Worldcoin (WLD) and Mantle (MNT)
https://x.com/CoinbaseAssets/status/1917626658615345178
Bithumb listed Haedal Protocol (HAEDAL)
https://feed.bithumb.com/notice/1648372
Strategy Announces First Quarter 2025 Financial Results
• 13.7% “BTC Yield” achieved in 2025 YTD
• 61,497 “BTC Gain” achieved in 2025 YTD
• $5.8 billion “BTC $ Gain” achieved in 2025 YTD
• 553,555 bitcoin holdings at a total cost of $37.90 billion, or $68,459 per bitcoin, as of April 28, 2025
• Announces a new $21 billion at-the-market (ATM) common stock equity offering
• Increasing 2025 “BTC Yield” target from 15% to 25%
• Increasing 2025 “BTC $ Gain” target from $10 billion to $15 billion
https://www.strategy.com/press/strategy-announces-first-quarter-2025-financial-results_05-01-2025
The crypto market is growing
BTC Dominance - 63.24%
Market Cap - $3.05T
BTC - $97,153.69 (+2.44%)
ETH - $1,847.59 (+2.22%)
XRP - $2.22 (+0.81%)
BNB - $601.47 (+0.36%)
SOL - $150.66 (+1.35%)
SUI - $3.5 (+1.19%)
https://dropstab.com
Injective is bringing Meta stocks onchain, allowing global users to trade via Injective’s iAsset tokenization framework in one click.
META joins NVDA, GOOGL, TSLA and MSTR as one of the first equities Injective has integrated.
https://x.com/injective/status/1917968424333935041
Crypto venture firm dao5 closes $222 million second fund after investments in Berachain and Bittensor
https://fortune.com/crypto/2025/05/01/dao5-crypto-venture-capital-tekin-salimi-polychain-berachain-funding/
Tether says Treasury exposure neared $120 billion in Q1, posts $1 billion profit
https://tether.io/news/tether-approaching-120b-in-u-s-treasuries-confirms-quarterly-operating-profit-over-1b-and-strengthens-global-usd%E2%82%AE-demand-in-q1-2025/
Morgan Stanley is working on a plan to add cryptocurrency trading to its E*Trade platform, with a potential launch next year
https://www.bloomberg.com/news/articles/2025-05-01/morgan-stanley-plans-to-offer-crypto-trading-to-e-trade-clients
MEXC launches $300M Web3 fund, commits to ‘strategic investment’
https://cointelegraph.com/news/mexc-300m-web3-fund-strategic-investment
World Liberty Financial's stablecoin, USD1, will be used for MGX's $2 billion investment in Binance
USD1 will integrate with the Tron ecosystem, supported by billionaire Justin Sun.
https://www.coindesk.com/business/2025/05/01/world-liberty-s-stablecoin-will-be-used-to-close-mgx-s-usd2b-binance-investment-eric-trump
Tether plans to launch a US stablecoin product by the end of 2025 or early 2026, CEO Paolo Ardoino says.
https://x.com/cointelegraph/status/1917843993821434347
Tether Acquires 70% Stake in Adecoagro
https://tether.io/news/tether-acquires-70-stake-in-adecoagro-signaling-strategic-expansion-into-sustainable-infrastructure/
Sam Altman’s World project is launching in the U.S.
Americans will be able to collect WLD tokens when verifying their personhood and establishing a World ID.
The project also plans to launch a Visa card that users can use to spend digital assets.
https://www.theblock.co/post/352679/sam-altmans-world-project-launching-in-us-with-plans-for-visa-card-and-tinder-pilot-program
Circle Rejected Ripple Takeover Bid of $4-5B
https://x.com/matthew_sigel/status/1917647009994993944
Bybit has announced the launch of OBOL on Bybit Megadrod
Event period: Apr 30, 2025, 12:00 UTC – May 5, 2025, 23:59 UTC
During this period, stake MNT and USDT to share from a 6,500,000 OBOL prize pool.
Token: OBOL
Pools: USDT, MNT
Total Megadrop prize pool: 6,500,000 OBOL
Reward claim start time: May 7, 2025, 7:00 UTC
Reward claim deadline: May 30, 2025, 7:00 UTC
https://announcements.bybit.com/en/article/bybit-megadrop-stake-mnt-and-usdt-to-share-from-a-massive-6-500-000-obol-prize-pool--bltd03a67ebd261fea0/
The crypto market is neutral
BTC Dominance - 62.96%
Market Cap - $2.99T
BTC - $94,791.82 (-0.17%)
ETH - $1,808 (+0.07%)
XRP - $2.2 (-1.9%)
BNB - $599.3 (-0.73%)
SOL - $148.71 (+0.59%)
SUI - $3.47 (-2.44%)
https://dropstab.com