Bitcoin Analysis
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Axelar (AXL) partners with Deutsche Bank to join Project Guardian program

According to news on May 15, Deutsche Bank has partnered with Interop Labs (the initial development team of Axelar Network) to join the Project Guardian "Guardian Program" sponsored by the Monetary Authority of Singapore, aiming to develop blockchain interoperability and asset tokens. new standards.
Aaron Rodgers is a quarterback for the New York Jets and 4-time NFL Most Valuable Player. He's been canceled by the Left for his stance on vaccines, criticism of Jimmy Kimmel, and general free-thinking.

He joins Tucker Carlson to discuss why he was canceled, the potentially fake vaccine passports in the NFL, why U.S. presidential candidate RFK Jr. asked him to be his VP, and more.
Cryptocurrency trading company Raven completes $2.7 million in seed round financing, led by Hack VC

According to financial reports, cryptocurrency trading company Raven announced the completion of a $2.7 million seed round of financing, led by Hack VC, with participation from Wintermute Ventures and several undisclosed angel investors. The company began raising the round last November and closed last month. This is an equity round with no token plans, and this round brings Ravenโ€™s valuation to $25 million.
JUST IN: ๐Ÿ‡บ๐Ÿ‡ธ US Presidential candidates Joe Biden and Donald Trump agree to debate each other on June 27th.
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The net inflow of U.S. spot Bitcoin ETF was about $300 million yesterday

According to the monitoring of HODL15Capital, the net inflow of spot Bitcoin ETF in the United States was about $300 million yesterday (May 15).


โœ… @Bitcoin_earningsss
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Fire Rabbit Capital invests in Biton trading platform

According to news on May 16, Fire Rabbit Capital, a subsidiary of investment institution BlockChain Capital, announced that it has invested US$44 million in the blockchain asset trading infrastructure application project Biton trading platform to promote the further expansion of Bitonโ€™s global market. The two parties will sign a strategic cooperation relationship. This marks a solid step taken by Huotu Fund in building a new generation of global trading system.

๐Ÿ’ธ @Bitcoin_earningsss
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zkLink will implement airdrop witch detection, and you will receive 25% of the expected reward if you surrender

According to news on May 16, zkLink, a multi-chain transaction infrastructure based on zero-knowledge proof, announced in the community that it will implement strict witch detection for all Lynks NFT holders, which means that holders need to pass the test when receiving ZKL rewards. Anti-witch testing and KYC verification. All Lynks NFT witch users are given the opportunity to self-report within the next 10 days. In return, they will receive 25% of expected rewards without accountability, and witch data will be kept confidential.
Aevo: The team voluntarily re-locks 15% of the token supply until the end of 2024

According to financial reports, Aevo officially announced on social platforms that the migration of RBN to AEVO has been officially completed. The AEVO token is a rebrand of the RBN token launched in 2021. This "unlock" is not a typical insider or VC unlock, but the ability of RBN holders to migrate RBN to AEVO tokens. About 40% of the "unlocks" are the DAO converting RBN to AEVO.
Velodrome: Incentives on Mode have been launched, users can pledge LP tokens to earn MODE

According to news on May 16, Optimism ecological DEX and liquidity protocol Velodrome issued a document on the X platform stating that incentives on Mode Network have been launched and users can pledge LP tokens to earn MODE
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Alex Lab: Some of the stolen funds have been recovered and tracking continues, and mitigation measures for affected community members are being considered

According to news on May 16, DeFi tool Alex Lab released an update on the attack. Regarding the affected assets, the attacker conducted a targeted attack and took over the administrator rights of a vault related to the ALEX liquidity pool, affecting All assets in the vault include approximately 13.7 million STX, of which approximately 3 million are sent to various CEXs and the amount is still increasing, with the balance held in several wallets. So far, all aBTC, sUSDT, xBTC, xUSD, ALEX, atALEX, LiSTX, LUNR, SKO, CHAX, B20, ORDG, ORMM, ORNJ, TRIO, TX20 and STXS have been restored. ALEXโ€™s smart contract code and infrastructure were not compromised.

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World Bank to issue Swiss digital bonds settled with wholesale CBDC

According to financial reports, the World Bank announced that it has priced a 200 million Swiss franc digital bond, which will be issued on the SIX Digital Exchange (SDX) on June 11 and settled using Swiss franc wholesale central bank digital currency (wholesale CBDC). The Swiss National Bank (SNB) is currently piloting its wholesale CBDC on the SDX DLT platform as part of Project Helvetia.


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Glassnode: The downside of the U.S. dollar index will fuel the rebound of risk assets BTC and SP500 until the end of summer

According to news on May 16, Glassnode co-founder Negentropic said: "The U.S. dollar index (DXY) took a heavy hit after yesterday's CPI and retail sales data were released. According to EW-count, this looks like a major head and shoulders top pattern. โ€œRight Shoulder.โ€ More downside could fuel a rally in risk assets BTC and SP500 into late summer.


โœ… @Bitcoin_earningsss
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Reddit announces reintroduction of rewards system

According to financial reports, Reddit announced on Wednesday that the company will reintroduce the reward system after shutting it down last year. The company says that most of the mechanics related to rewards will remain the same, but there will be some new additions. For example, there will be a new design for rewards, a new reward button below eligible posts, and a leaderboard showing the highest rewards earned by comments or posts. Earlier this month, Reddit mentioned reintroducing the rewards program during its first earnings call as a public company.

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Ronin: The wallet has been updated to solve the problem of over 1,000 tokens being unable to be transferred.

Ronin announced on the X platform that Ronin Wallet has been updated, solving problems such as the inability to transfer more than 1,000 tokens.
Sui: Identity verification project Netki will be launched on Sui and launch DeFi Sentinel tools for developers

Sui said on the regulations. DeFi Sentinel provides real-time KYC/AML, wallet screening, financial transaction monitoring, securities compliance, and tax compliance, and will be integrated directly into DeFi protocols on Sui that choose to implement the tool.
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The number of Bitwise BITB shares in circulation exceeded 65 million, and as of May 16, holdings increased by 21.8 BTC from the previous day.

According to financial reports, Bitwise official data shows that as of May 16, local time, the number of circulating shares of the Bitcoin spot exchange-traded fund BITB exceeded 65 million, touching 65,010,000, with each holding 0.000545 BTC. In addition, BITB holds 35,438.33 BTC, an increase of 21.8 BTC from the previous trading day, and the market value of the position reached 2,314,117,703.78 US dollars.


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Hong Kong Monetary Authority: Four banks of CCCC are Hong Kong digital RMB wallet operators

According to financial reports, the Hong Kong Monetary Authority announced the institutions participating in the Hong Kong cross-border pilot program of digital renminbi, including:
1. The digital RMB wallet operating organization is:
1. Bank of China, 2. Bank of Communications, 3. China Construction Bank, 4. Industrial and Commercial Bank of China.
2. Hong Kong banks that provide "FPS" value-added support include: RMB account value-added:
1. China CITIC Bank (International) Limited, 2. Chong Hing Bank Limited, 3. Dah Sing Bank Limited, 4. DBS Bank (Hong Kong) Limited, 5. Fubon Bank (Hong Kong) Limited, 6. ZhongAn Bank Limited.

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Crypto industry political donations since 2023 have reached $94 million, surpassing the previous U.S. presidential election cycle

Finance reports that crypto industry donors have donated $94 million to federal political committees since 2023, exceeding the $83 million in the previous election cycle to support their allies in Congress. According to data from OpenSecrets, the largest political donors in the United States include multiple crypto industry supporters. Susquehanna International Group's Jeffrey Yass, for example, has donated $70 million, and Fairshake and its two affiliated super PACs, Defend American Jobs and Protect Progress, have raised a combined $85 million. Notably, the Bloomberg report adjusted Fairshakeโ€™s fundraising totals to remove double-counting of in-kind donations in the form of cryptocurrencies and their conversion to U.S. dollars.

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