A16z makes $90 million private purchase of Optimism’s OP token.

https://unchainedcrypto.com/a16z-makes-90-million-private-purchase-of-optimisms-op-token/

Tether releases its Q1 2024 attestation: reports record-breaking $4.52 billion profit.

The main contributing entities are those in charge of issuing stablecoins and managing the respective reserves where approximately $1 billion of this profit stemmed from net operating profits, primarily derived from US Treasury holdings.

https://tether.io/news/tether-releases-q1-2024-attestation-reports-record-breaking-4-52-billion-profit-highest-treasury-bill-ownership-percentage-ever-total-group-equity-of-11-37-billion/

Andrei Grachev (DWF Labs): “Looks like it’s a good time to buy cheap coins, if we believe in a second wave of the bull market”.

https://twitter.com/ag_dwf/status/1785634453311602867

Vitalik Buterin: „The above is why I use a multisig (@safe) for >90% of my personal funds. M-of-N, some keys held by you (but not enough to block recovery), the rest held by other people you trust. Don't reveal who those other people are, even to each other. Decentralize your own security“.

https://twitter.com/VitalikButerin/status/1785562273433387320

MultiversX has introduced the Builder’s Hub - a new home for MultiversX builders.

https://multiversx.com/builders-hub
https://twitter.com/MultiversX/status/1785640253727916535

Real-world asset (RWA) tokenization firm Securitize has closed a $47 million funding round led by the world's largest asset manager BlackRock (BLK).

The round also included investments from Hamilton Lane (HLNE), ParaFi Capital and Tradeweb Markets (TW).

BlackRock and Securitize last month teamed up to create the BlackRock USD Institutional Digital Liquidity Fund, which may prove to be geared toward RWA tokenization.

https://www.coindesk.com/business/2024/05/01/rwa-tokenization-firm-securitize-raises-47m-led-by-fund-partner-blackrock/

The DRIFT Eligibility Checker is now live.

Checker: https://drift.foundation/eligibility

Launch Airdrop will distribute up to 12% of the total 1B supply:

▫️64% to OGs, your points were factored into the allocation
▫️30% to Trader Points Program activity
▫️5.5% to Early Drifters who used v1
▫️0.5% to Keeper Network

https://x.com/driftfdn/status/1785678784634720449

LayerZero: “Snapshot #1 has been completed”.

https://twitter.com/LayerZero_Labs/status/1785821562475839843

Federal prosecutors are examining financial transactions at Block, owner of Cash App and Square.

Internal documents indicate Block processed crypto transactions for terrorist groups and Square processed transactions involving nations subject to economic sanctions (Cuba, Iran, Russia and Venezuela).

https://www.nbcnews.com/business/personal-finance/posecutors-examining-transactions-block-owner-cash-app-squarc-rcna147181

Binance Labs has invested in Movement Labs, the first integrated blockchain network, integrating the security of move and parallel execution through a zero-knowledge rollup.

Movement Labs will support Sui Move, Aptos Move, and an embedded EVM interpreter MEVM—empowering both Sui, Aptos, and EVM users to use the L2.

https://www.binance.com/en/blog/ecosystem/binance-labs-invests-in-movement-labs-to-bring-smart-contract-security-and-parallelization-to-ethereum-116269849788036189

Google is laying off at least 200 employees from its “Core” organization, which includes key teams and engineering talent.

As part of the unit’s reorganization, the company will hire corresponding roles in Mexico and India.

https://www.cnbc.com/2024/05/01/google-cuts-hundreds-of-core-workers-moves-jobs-to-india-mexico.html

MOCA Public Sale ended.

▫️US$29.3 million funds pre-deposited
▫️12x+ oversubscription based on available allocation
▫️17k unique KYC-ed users participated
▫️US$9.8 million committed for the Whale Category
▫️80k Waitlist Lots committed

Sales results will be announced on May 7.

https://twitter.com/MocaverseNFT/status/1785863843421544675

Crypto Market Daily Review ☀️

The market is down. Market cap is $2.18T. Bitcoin is trading at $57.3K

dropstab | icodrops | twitter | telegram

On May 1, a record Bitcoin ETF outflow ($563.7 million) was recorded.

https://farside.co.uk/?p=997

Testnet Phase 1 of the Particle Network modular L1 is officially live.

This Testnet features two key components of the Particle Network modular L1:

▫️Universal Accounts, allowing users to have a single address across all blockchains.
▫️Universal Gas Token, allowing you to pay for gas on any chain after a single deposit, eliminating the need to hold multiple gas tokens.

Along with the Testnet, Particle Network is also rolling out the Particle Pioneer platform.

https://twitter.com/ParticleNtwrk/status/1786002826788745605

BlackRock sees sovereign wealth funds, pensions coming to Bitcoin ETFs.

https://www.coindesk.com/business/2024/05/02/blackrock-sees-sovereign-wealth-funds-pensions-coming-to-bitcoin-etfs/

Pantera Capital has invested in The Open Network (TON) blockchain.

https://www.theblock.co/post/292150/pantera-capital-ton-the-open-network

FLOKI will make an announcement on May 27.

https://twitter.com/RealFlokiInu/status/1786010193169432634

AltLayer staking enters Phase II with Restaked ALT (reALT) Token.

https://twitter.com/alt_layer/status/1785952558684463442