🔴China says it has not had any trade negotiations with the United States, contradicting President Trump's claims

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⚪️CME Group today announced plans to launch XRP futures on May 19, pending regulatory review. Market participants will have the choice to trade both a micro-sized contract (2,500 XRP) and a larger-sized contract (50,000 XRP). XRP futures will join the company's crypto product suite that includes Bitcoin and Ether futures and options, as well as recently launched SOL futures.

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🟢HashKey Group Chairman Xiao Feng's Discussion with Vitalik in Hong Kong: They discussed Ethereum’s early Chinese roots, noting miners/exchanges’ key role and the community’s ZK/AI progress. Vitalik, framing the Foundation as an enabler, urged focus on DeFi, RWA, and decentralized social networks, inviting Chinese teams to join POS 2.0 (Beam Chain) research. On the trilemma, he said layered architecture solves ~70% of bottlenecks, targeting WeChat-level UX via account abstraction/ZK, and proposed L1-L2 value flow.

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🔵The U.S. SEC has postponed its decision on Grayscale’s proposal to convert its Polkadot Trust and Canary’s HBAR ETF listing application to June 11, and delayed its ruling on Bitwise’s Bitcoin and Ethereum ETF to June 10.

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🟡Binance will adjust the funding interval to 1 hour for USDⓈ-M perpetual contracts like BTCUSDT if the rate hits ±0.3% at settlement. The change takes effect 15 minutes after the cap is reached, starting May 2, 2025, to improve risk hedging in volatile markets.

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🟡Binance released the requirements for listing: focus on project fundamentals and performance indicators, token economics, technical risks, team background and compliance review. Delisting criteria include: team governance issues; poor market performance and trading activity; product and/or network security issues, etc

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🔴Gitcoin announced that the core development team Grants Lab will officially shut down on May 31, 2025, and maintenance of the Grants Stack product will cease. The decision follows changes in Web3 public goods funding and key team departures, leaving Grants Lab without a sustainable revenue path. Gitcoin will refocus on a leaner Grants program and support affected staff with severance.

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🔴TON has announced that the Toncoin Bridge will be officially shut down on May 10, 2025. After this date, users will no longer be able to bridge Toncoin from TON to Ethereum or BNB Smart Chain, though previously bridged assets will remain claimable. Bridging Toncoin into TON will remain available for now, with a sunset date to be announced later

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🔵SEC Chair Paul Atkins, in his first public appearance on the fourth day in office at a crypto roundtable, stated that he will work with Congress and the Trump administration to develop a “reasonable and targeted” regulatory framework for digital assets, emphasizing their potential for risk mitigation and cost reduction.

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🔵Democratic Senator Jon Ossoff said President Donald Trump's invitation to top memecoin investors for a "grand dinner" constitutes "an impeachable offense." Ossoff criticized that the president is "selling access and effectively accepting direct payments."

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⚪️Hashdex, in partnership with Genial Investimentos, launched the world's first spot XRP ETF on April 25. Listed under the ticker XRPH11 on Brazil's B3 exchange, the fund tracks the Nasdaq XRP Reference Price Index and allocates at least 95% of its net assets to XRP

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🔵Six entities hold 88% of tokenized US Treasuries. The largest is BlackRock, with BUIDL at $2.5 billion, but also includes Franklin Templeton’s BENJI, at $707 million; Superstate’s USTB, at $661 million; Ondo’s USDY, at $586 million; Circle’s USYC, at $487 million; and Ondo’s OUSG Fund, at $424 million.

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🔵Trump family project World Liberty Financial signed a letter of intent with Pakistan Crypto Council (PCC) to accelerate blockchain innovation, stablecoin adoption and DeFi development in Pakistan. The WLF delegation met with Pakistani Prime Minister, Army Chief of Staff, Finance Minister and other senior officials to discuss cooperation. The Pakistani government plans to announce a comprehensive crypto legalization policy in the near future.

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🟢The U.S. SEC has approved ProShares Trust to launch multiple XRP-related futures ETFs, but not XRP spot ETFs, with an effective date of April 30, 2025. The approved products include ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF and ProShares Short XRP ETF, which are designed to provide leveraged and inverse exposure based on XRP futures prices.

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Binance decided to delist and cease trading on all spot trading pairs for the following token(s) at 2025-05-02 03:00 (UTC): Alpaca Finance (ALPACA) PlayDapp (PDA) Viberate (VIB) Wing Finance (WING)

🔵Grayscale met with the U.S. SEC’s Cryptocurrency Task Force on April 21 to apply for amendments to its 19b-4 Form filings for the Grayscale Ethereum Trust ETF (ETHE) and Grayscale Ethereum Mini Trust ETF (ETH) to allow the relevant funds to participate in staking activities.

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🟡Tether has released the first official attestation for XAU₮ (Tether Gold) for Q1 2025. XAU₮ currently holds 246,523.33 ounces (over 7.7 tons) of physical gold reserves, with each token backed 1:1 by one ounce of gold. Its market capitalization stands at $770 million. XAU₮ is now regulated in El Salvador, and all gold reserves are securely stored in vaults in Switzerland

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🔴Jamie Dimon warns the best case for the U.S. Economy is now a recession

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🔴The Kaia network, which is similar to TON, had more than 22.8 million active users in April, a record high. Frog Defense, Kyuzo’s Friends, and Darkstar all had more than 1 million monthly active users, but there may be a large number of fake transactions to obtain airdrops. they really compete with Tonzi for now!

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