Tether minted another $1B USDT on Tron network
https://whale-alert.io/transaction/tron/38d034cdd47293c27d7bf5ac2f9fc0ba8498aa2b1c86dba7f33d76e9d8fd649f
https://whale-alert.io/transaction/tron/38d034cdd47293c27d7bf5ac2f9fc0ba8498aa2b1c86dba7f33d76e9d8fd649f
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The crypto market is growing
BTC Dominance - 63.74%
Market Cap - $3.08T
BTC - $99,152.06 (+2.63%)
ETH - $1,905.84 (+4.27%)
XRP - $2.19 (+1.95%)
BNB - $611.8 (+1.51%)
SOL - $150.81 (+3.09%)
SUI - $3.59 (+5.88%)
LAYER - $1.35 (-25.91%)
KAITO - $1.44 (+28.1%)
https://dropstab.com
BTC Dominance - 63.74%
Market Cap - $3.08T
BTC - $99,152.06 (+2.63%)
ETH - $1,905.84 (+4.27%)
XRP - $2.19 (+1.95%)
BNB - $611.8 (+1.51%)
SOL - $150.81 (+3.09%)
SUI - $3.59 (+5.88%)
LAYER - $1.35 (-25.91%)
KAITO - $1.44 (+28.1%)
https://dropstab.com
US Treasury is doing a series of private roundtables next week with members of the crypto industry
Tables will focus on various different areas of the ecosystem like DeFi, banking, cyber etc.
https://x.com/jacqmelinek/status/1920261567527928134
Tables will focus on various different areas of the ecosystem like DeFi, banking, cyber etc.
https://x.com/jacqmelinek/status/1920261567527928134
Arizona Governor Katie Hobbs has signed a bill into law allowing the US state to keep unclaimed crypto and establish a “Bitcoin Reserve Fund”
https://cointelegraph.com/news/arizona-governor-signs-bitcoin-reserve-keep-unclaimed-crypto
https://cointelegraph.com/news/arizona-governor-signs-bitcoin-reserve-keep-unclaimed-crypto
The OCC clarifies national banks can buy and sell crypto assets at customers' direction and outsource custody and execution services to third parties with proper risk management.
https://x.com/cointelegraph/status/1920312835290157336
https://x.com/cointelegraph/status/1920312835290157336
Binance founder CZ Zhao asked Trump to pardon money laundering conviction
https://cointelegraph.com/news/changpeng-zhao-cz-binance-asked-trump-pardon
https://cointelegraph.com/news/changpeng-zhao-cz-binance-asked-trump-pardon
Cointelegraph
Binance founder CZ Zhao asked Trump to pardon money laundering conviction
Former Binance CEO Changpeng Zhao said he filed for a pardon from US President Donald Trump after initially denying similar reports by Bloomberg and The Wall Street Journal.
Upbit will list Celestia (TIA) and io.net (IO) today
https://upbit.com/service_center/notice?id=5100
https://upbit.com/service_center/notice?id=5100
Binance is the first platform to support the listing of SXT:
Binance Alpha Trading Opens May 8, 2025, at 12:00 UTC
Binance Spot Trading Opens May 8, 2025, at 13:00 UTC.
Eligible users with at least 150 Alpha Points will receive an airdrop of 512 SXT tokens within 10 minutes after the Alpha listing.
Additionally, a lucky airdrop of 512 SXT tokens will be distributed to users whose Alpha Points are between 66 and 149 (inclusive), and whose Binance UIDs end in 1.
https://x.com/binance/status/1920418539355193537
Binance Alpha Trading Opens May 8, 2025, at 12:00 UTC
Binance Spot Trading Opens May 8, 2025, at 13:00 UTC.
Eligible users with at least 150 Alpha Points will receive an airdrop of 512 SXT tokens within 10 minutes after the Alpha listing.
Additionally, a lucky airdrop of 512 SXT tokens will be distributed to users whose Alpha Points are between 66 and 149 (inclusive), and whose Binance UIDs end in 1.
https://x.com/binance/status/1920418539355193537
Shardeum (SHM) trading has started on Kucoin, MEXC, BitMart and others
SHM is now trading at ~$0.204
FDV: ~$51M
https://www.kucoin.com/trade/SHM-USDT
SHM is now trading at ~$0.204
FDV: ~$51M
https://www.kucoin.com/trade/SHM-USDT
→ Overall sentiment: Bullish
• Changpeng Zhao: BTC could reach between $500K–$1M this cycle.
• Eric Trump: Sees exponential BTC growth - a big personal bet.
• Geoffrey Kendrick: BNB could hit $2,775 by 2028.
• Tim Draper: BTC might be worth an “infinite” amount in USD
• Michaël van de Poppe: ETH breakout toward $2,100 in 1–2 weeks.
• Lark Davis: SOL target at $170, watch key resistance at $150–$160.
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Wellgistics Health Secures $50M Credit Facility and Launches XRP-Powered Payment Initiative
https://www.globenewswire.com/news-release/2025/05/08/3077096/0/en/Wellgistics-Health-Secures-50M-Credit-Facility-and-Launches-XRP-Powered-Payment-Initiative.html
https://www.globenewswire.com/news-release/2025/05/08/3077096/0/en/Wellgistics-Health-Secures-50M-Credit-Facility-and-Launches-XRP-Powered-Payment-Initiative.html
Missouri is about to become first U.S. state to exempt stock and crypto sale profits from income taxes
https://fortune.com/article/missouri-first-us-state-exempt-stock-crypto-sale-profits-income-taxes/
https://fortune.com/article/missouri-first-us-state-exempt-stock-crypto-sale-profits-income-taxes/
Coinbase to buy Deribit for $2.9B ($700M cash, 11M shares)
https://www.coinbase.com/blog/coinbase-to-acquire-deribit-becoming-the-most-comprehensive-global-crypto-derivatives-platform
https://www.coinbase.com/blog/coinbase-to-acquire-deribit-becoming-the-most-comprehensive-global-crypto-derivatives-platform
The Arbitrum DAO just approved 35M ARB via STEP 2 to accelerate RWA institutional adoption with Franklin Templeton, Spiko and WisdomTree
https://snapshot.box/#/s:arbitrumfoundation.eth/proposal/0xd67d17db3bd230b163ce1f791d8712812446bced14ef2de875fd01ab3e2be3d6
https://snapshot.box/#/s:arbitrumfoundation.eth/proposal/0xd67d17db3bd230b163ce1f791d8712812446bced14ef2de875fd01ab3e2be3d6
The LockBit ransomware gang has suffered a data breach
All of the ransomware gang's admin panels now state. "Don't do crime CRIME IS BAD xoxo from Prague," with a link to download a "paneldb_dump.zip."
https://www.bleepingcomputer.com/news/security/lockbit-ransomware-gang-hacked-victim-negotiations-exposed/
All of the ransomware gang's admin panels now state. "Don't do crime CRIME IS BAD xoxo from Prague," with a link to download a "paneldb_dump.zip."
https://www.bleepingcomputer.com/news/security/lockbit-ransomware-gang-hacked-victim-negotiations-exposed/
Space and Time (SXT) trading has started on Binance, Bybit, Gate and others.
SXT is now trading at ~$0.147
FDV ~$764M
Space and Time is a decentralized replacement for your blockchain indexing service, database, data warehouse, and API servers, secured by a ZK coprocessor for SQL.
https://www.binance.com/en/trade/SXT_USDT
SXT is now trading at ~$0.147
FDV ~$764M
Space and Time is a decentralized replacement for your blockchain indexing service, database, data warehouse, and API servers, secured by a ZK coprocessor for SQL.
https://www.binance.com/en/trade/SXT_USDT
Trump's post on Truth Social about including XRP, SOL, and ADA in the US crypto reserve was posted by Brian Ballard's lobbying group, which has now been "expelled" from the White House for manipulating the presidency
https://www.politico.com/news/2025/05/08/ballard-trump-wiles-lobbyist-00333953
https://www.politico.com/news/2025/05/08/ballard-trump-wiles-lobbyist-00333953
Jump Crypto has taken a strategic stake in Miami-based Securitize
https://www.forbes.com/sites/digital-assets/2025/05/08/blackrock-backed-securitize-raises-strategic-funding-from-jump-crypto/
https://www.forbes.com/sites/digital-assets/2025/05/08/blackrock-backed-securitize-raises-strategic-funding-from-jump-crypto/
Forbes
BlackRock-Backed Securitize Raises Strategic Funding From Jump Crypto
As tokenization of real-world assets explodes, two blockchain-focused companies are expanding institutional access.