🎁 Uniswap DAO Votes to Reclaim $42M in UNI Delegation Loans
Uniswap DAO is voting on a proposal to reclaim 12.5 million UNI, valued at approximately $42 million, which was loaned to the Uniswap Foundation and key delegates from 2022 to 2023. This move aims to enhance governance participation amid ongoing discussions about governance influence and decentralization. The vote will conclude on May 8, with around 53% in favor and about 46% abstaining, showing minimal opposition.
Uniswap DAO is voting on a proposal to reclaim 12.5 million UNI, valued at approximately $42 million, which was loaned to the Uniswap Foundation and key delegates from 2022 to 2023. This move aims to enhance governance participation amid ongoing discussions about governance influence and decentralization. The vote will conclude on May 8, with around 53% in favor and about 46% abstaining, showing minimal opposition.
⚖️ Spirit Airlines says in court papers it was forced to shut down due to rising fuel prices. #regulation
📊 Hyperliquid Treasury Vehicles Now Hold Nearly 9% of HYPE Float
Hyperliquid-linked digital asset treasury companies (DATs) now hold close to 9% of HYPE’s circulating supply, surpassing comparable treasury holdings in #BTC, #ETH, #SOL, and #BNB. HYPE is the only DAT asset in the dataset trading at a positive mNAV, potentially facilitating capital raises and supply absorption. An ETF approval could lead to new passive inflows into a tighter float, supporting price amid existing institutional positioning and ongoing treasury demand. #etf
Hyperliquid-linked digital asset treasury companies (DATs) now hold close to 9% of HYPE’s circulating supply, surpassing comparable treasury holdings in #BTC, #ETH, #SOL, and #BNB. HYPE is the only DAT asset in the dataset trading at a positive mNAV, potentially facilitating capital raises and supply absorption. An ETF approval could lead to new passive inflows into a tighter float, supporting price amid existing institutional positioning and ongoing treasury demand. #etf
🗽 SEC Proposes Allowing Companies to Report Earnings Twice a Year. #regulation
🧑💻 #SOL Google Cloud and Solana Foundation launch a new pay-as-you-go payment system for AI agents.
🐳 Two 14-year dormant $BTC whales just disagreed — violently.
On May 3, one Satoshi-era wallet sold 11,300 $BTC for $750M, while the other bought 7,000 $BTC for $470M. Both wallets had been silent for over 14 years and moved on the same day, resulting in a net distribution of -4,300 $BTC.
OG conviction is splintering. Whose thesis cracks first?
Track dormant supply →
On May 3, one Satoshi-era wallet sold 11,300 $BTC for $750M, while the other bought 7,000 $BTC for $470M. Both wallets had been silent for over 14 years and moved on the same day, resulting in a net distribution of -4,300 $BTC.
OG conviction is splintering. Whose thesis cracks first?
Track dormant supply →
⚖️ Forbes: SBF’s Early VC Bets Could Have Been Worth an Extra $100B
Forbes reported that Sam Bankman-Fried’s early venture portfolio is being reassessed, estimating he could have been roughly $100 billion richer if he had not ended up in prison after FTX’s collapse. The portfolio included stakes in companies such as Anthropic, SpaceX, Robinhood, and AI coding tool Cursor, which was recently valued around $60 billion and Anthropic nearing $90 billion.
Much of the portfolio was later liquidated by FTX’s bankruptcy attorneys at valuations far below where some positions trade today, as the estate sold assets to repay creditors.
Forbes reported that Sam Bankman-Fried’s early venture portfolio is being reassessed, estimating he could have been roughly $100 billion richer if he had not ended up in prison after FTX’s collapse. The portfolio included stakes in companies such as Anthropic, SpaceX, Robinhood, and AI coding tool Cursor, which was recently valued around $60 billion and Anthropic nearing $90 billion.
Much of the portfolio was later liquidated by FTX’s bankruptcy attorneys at valuations far below where some positions trade today, as the estate sold assets to repay creditors.
💸 Crypto F&G crashed from 71 Greed to 48 Fear in 7 days.
$BTC reclaimed $80K. Funding flipped green on $ETH. ETF flows turned. Liquidations were one-sided shorts. Yet sentiment dropped 23 points in a week.
What happens next?
- Sentiment catches up, $BTC pushes $85K
- Sentiment was right — this rip fades
- Sideways grind for 2 weeks
Sentiment dashboard → #etf
$BTC reclaimed $80K. Funding flipped green on $ETH. ETF flows turned. Liquidations were one-sided shorts. Yet sentiment dropped 23 points in a week.
What happens next?
- Sentiment catches up, $BTC pushes $85K
- Sentiment was right — this rip fades
- Sideways grind for 2 weeks
Sentiment dashboard → #etf