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Dubai Finance signs MoU with Crypto.com to enable cryptocurrency payments for government fees in pioneering global move
https://mediaoffice.ae/en/news/2025/may/12-05/dubai-finance-signs-mou-with-cryptocom
New York Mayor Calls on Crypto Companies to Develop Business in the City, Announces First Crypto Summit
At a press conference on May 12, he invited crypto companies to open offices in the metropolis and announced Crypto Summit NYC, which will take place next week.
https://www.coindesk.com/policy/2025/05/12/new-york-mayor-eric-adams-to-crypto-industry-come-build-an-empire-in-nyc
Coinbase to join S&P 500
Coinbase will replace Discover Financial Services in the S&P 500 effective prior to the opening of trading on Monday, May 19.
S&P 500 constituent Capital One Financial Corp. is acquiring Discover Financial Services in a deal expected to be completed soon, pending final closing conditions.
https://www.spglobal.com/spdji/en/documents/indexnews/announcements/20250512-1478052/1478052_dfs5.pdf
Charles Hoskinson says Cardano wants to be the first blockchain with a privacy stablecoin
https://www.dlnews.com/articles/defi/cardano-founder-says-he-wants-to-create-a-privacy-stablecoin/
Ex-Cardano CMO Adam Bates is joining as XION's CMO
https://twitter.com/burnt_xion/status/1921923147642663047
BlackRock files to allow in-kind redemptions for its Ethereum Trust, enabling direct ETH buybacks
https://listingcenter.nasdaq.com/assets/rulebook/nasdaq/filings/SR-NASDAQ-2025-038.pdf
Strategy has acquired 13,390 BTC for ~$1.34 billion at ~$99,856 per bitcoin
As of 5/11/2025, it holds 568,840 BTC acquired for ~$39.41 billion at ~$69,287 per bitcoin.
https://x.com/Strategy/status/1921898698264514874
💧 Price Gainers Among Top 500 In the Last Week
MOODENG +563%
GOAT +204%
KTA +191%
PNUT +167%
PI +158%
FWOG +145%
👉 https://dropstab.com/tab/top-gainers-last-week-5gevlzipbz
Binance Futures Launched USDⓈ-Margined OGUSDT Perpetual Contract with up to 50x leverage
https://www.binance.com/en/support/announcement/detail/4aba6c55d1184c26bd5fb631c6624a72
Lido DAO initiates emergency vote to swap compromised oracle after cybersecurity incident
https://x.com/LidoFinance/status/1921534362232787004
Abraxas Capital is accumulating ETH
In the past 3 days, they've withdrawn 185,309 ETH ($399M) from exchanges—just as ETH surged from $1,800 to $2,600.
https://x.com/lookonchain/status/1921378860513345647
Aevo Governance Approves Monthly AEVO Buyback
https://twitter.com/aevoxyz/status/1921071547072028867
BlackRock Meets With SEC to Talk Staking, Tokenization, & More
https://watcher.guru/news/blackrock-meets-with-sec-to-talk-staking-tokenization-more
Trump Family-Linked Firms Profited $320M on Memecoin Despite 87% Decline Since Day One
https://www.coindesk.com/business/2025/05/09/trump-family-profited-usd320m-on-memecoin-despite-87-decline-since-day-one
The crypto market is growing
BTC Dominance - 62.14%
Market Cap - $3.30T
BTC - $103,176.57 (+0.57%)
ETH - $2,338.37 (+5.83%)
XRP - $2.36 (+2.91%)
BNB - $661.26 (+5.69%)
SOL - $171.55 (+6.21%)
SUI - $3.95 (+2.49%)
https://dropstab.com
Radiant DAO community releases a proposal to "compensate for losses caused by unlimited authorization vulnerabilities"
https://community.radiant.capital/t/feedback-104-survey-remediation-of-unlimited-allowance-exploit-losses/2222
TRUMP Top Holders Dinner
Participants are selected, all TRUMP holders will receive NFTs.
https://x.com/GetTrumpMemes/status/1922004163980100077
The crypto market correction
BTC Dominance - 61.61%
Market Cap - $3.29T
BTC - $102,229.55 (-1.68%)
ETH - $2,438.76 (-3.12%)
XRP - $2.45 (+2.26%)
BNB - $645.52 (-1.69%)
SOL - $168.54 (-4.16%)
SUI - $3.87 (-6.35%)
https://dropstab.com
Gate.io Startup Prime will officially be upgraded and renamed to Gate.io Launchpad
The first Launchpad project, Puffverse (PFVS), is about to launch its commitment round.
Token Symbol: PFVS
Token Type: Ronin
Commitment Price: 1 PFVS = 0.07 USDT
Total Committed Tokens: 10,000,000 PFVS
Commitment Method: USDT commitment
Maximum Token Limit Per User Can Earn: 10,000 PFVS
Commitment Time: From May 13, 2025, 03:00 to May 16, 2025, 12:00 UTC
Distribution Time: Will be distributed on TGE date
Spot Trading Time: Before the end of May
Unlock Method: 100% Unlock
Total Token Supply: 1,000,000,000
https://www.gate.io/announcements/article/44878
Pump.fun Creator Revenue Sharing is here
50% of PumpSwap Revenue is now shared with Coin Creators.
https://x.com/pumpdotfun/status/1921941742854512924
🇺🇸 Top Made in USA Coins by Price Gains in the Last Month
PENGU +189%
SUI +90.4%
IO +83.8%
MANTA +75.3%
ROSE +74.8%
TRUMP +74.6%
EIGEN +74.7%
WLD +73.2%
ALEO +72.9%
AERO +70.5%
💧DropsTab
BitGo has received a Markets in Crypto-Assets Regulation (MiCA) license from Germany’s Federal Financial Supervisory Authority (BaFin)
https://www.bitgo.com/resources/blog/bitgo-secures-mica-license-to-expand-digital-asset-services-across-the-eu/
ICON Project rebrands as SODAX, migrating DeFi infrastructure to Sonic
SODAX introduces a new intent-based execution that enables seamless swaps, lending, and borrowing across 12+ chains, all routed through protocol-owned liquidity and delivered via a composable SDK stack. Unlike most DeFi apps, SODAX lets users seamlessly move between assets and blockchains. Intent-based execution handles any need to bridge or wrap tokens in the backend.
https://cointelegraph.com/press-releases/icon-project-rebrands-as-sodax-migrating-de-fi-infrastructure-to-sonic
Former FTX EU customers may now complete the two-step process to claim their Euro funds via Backpack EU
https://x.com/Backpack/status/1921820800912425095
USDT0 is live on Hyperliquid Spot and HyperEVM
https://x.com/chameleon_jeff/status/1921502111566856208
Chairman Paul Atkins will be giving the keynote address at the May 12 Crypto Task Force roundtable, “Tokenization: Moving Assets Onchain: Where TradFi and DeFi Meet.”
https://x.com/SECGov/status/1919445785373966385
The crypto market is neutral
BTC Dominance - 61.43%
Market Cap - $3.36T
BTC - $104,018.87 (-0.02%)
ETH - $1,517.09 (-0.86%)
XRP - $2.39 (-0.55%)
BNB - $655.2 (-1.3%)
SOL - $174.54 (-0.9%)
SUI - $4.04 (+0.7%)
ZRO - $2.99 (-2.15%)
RAI - $1.03 (+4.71%)
https://dropstab.com
Conor McGregor Calls on Ireland to Create Bitcoin Strategic Reserve
https://x.com/TheNotoriousMMA/status/1920968495124091090
Telegram launched the Telegram Gift Marketplace
So you can instantly buy gifts from other users or sell your own.
Telegram Gifts are NFTs — unique collectibles on the TON blockchain.
/channel/durov/413
Coinbase launches 24/7 trading for Bitcoin and Ethereum futures. This is the first time 24/7 trading is available for leveraged futures contracts on a CFTC-regulated exchange.
https://www.coinbase.com/zh-sg/blog/24-7-futures-trading-has-arrived