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

DWF Labs started acquiring some tokens on open market, building its long position

https://x.com/ag_dwf/status/1917924236586348732

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/

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

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/

Coinbase will suspend trading for Movement (MOVE) on May 15, 2025

https://twitter.com/CoinbaseAssets/status/1917976975055950199

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

Aztec’s Public Testnet is live

https://x.com/aztecnetwork/status/1917926796986929192

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

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

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

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

Bithumb listed Haedal Protocol (HAEDAL)

https://feed.bithumb.com/notice/1648372

Meteora has proposed a 25% allocation towards the Liquidity Rewards and TGE Reserve

https://x.com/MeteoraAG/status/1918115102068490477

Scroll is sunsetting the Sessions 2 incentive program and changing ecosystem growth strategy

https://x.com/Scroll_ZKP/status/1917972287615332809

Andrei Grachev: “We will publish very soon our designated wallets that will hold our secondary market purchases”.

https://twitter.com/ag_dwf/status/1918184496907637229

Goldman Sachs announced plans to expand crypto trading, explore crypto lending, and pursue tokenization

https://www.cnbc.com/video/2025/05/02/goldman-sachs-ramps-up-push-into-digital-assets.html

Sahara AI testnet SIWA is coming May 19th

https://x.com/SaharaLabsAI/status/1918143899559968957

Binance has announced the 17th project on the HODLer Airdrops page - StakeStone (STO)

Users who subscribed their BNB to Simple Earn (Flexible and/or Locked) and/or On-Chain Yields products from 2025-04-27 00:00 UTC to 2025-04-29 23:59 UTC will get the airdrops distribution.

Binance will then list STO at 2025-05-02 16:00 UTC and open trading against USDT, USDC, BNB, FDUSD, and TRY pairs.

Genesis Total Token Supply: 1,000,000,000 STO 
Max Token Supply: 1,000,000,000 STO
HODLer Airdrops Token Rewards: 15,000,000 STO (1.5% of max token supply)
Circulating Supply upon Listing on Binance: 225,333,333 STO (22.53% of max token supply)

https://www.binance.com/en/support/announcement/detail/6c74537a512e4668bc731e8fb1a293da