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Meitu founder Cai Wensheng invested 650 million HKD in the acquisition of a Hong Kong commercial building to create an AI-Web3 entrepreneurship center.

According to Gate.io News bot, the Hong Kong Commercial Daily reported that Meitu founder Cai Wensheng acquired the "PARK AURA" commercial building in the Hong Kong Tin Hau area for approximately HKD 650 million. The building was completed in 2020 and has 25 floors.
Cai Wensheng announced through social media that the commercial building will transform into an AI-Web3 entrepreneurship center. The plan includes an AI-themed café on the 1st and 2nd floors, along with spaces for technical lectures; some floors will be designated as AI-Space shared office areas, providing free access to entrepreneurs in Hong Kong; the remaining floors will be used to establish studios in the fields of AI and Web3.
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BTC_USDT breaks through 97000 USDT

According to the Gate.io News bot, the market data from Gate.io shows that the BTC_USDT price has exceeded 97000 USDT, currently at 97025.9 USDT. The 24-hour increase is 3.21%.
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Large fund flow: Whale conducts a $4.8 million ETH operation through the Spark lending platform.

Gate.io News bot message, a Whale account deposited 4,815 ETH (valued at 8.86 million USD) into the Spark lending platform and borrowed 4.5 million DAI. The account then converted these DAI to USDS and deposited them into the Aave V3 platform.
Blockchain data shows that the wallet previously received ETH from multiple wallets that had previously interacted with Tornado Cash.
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USDC Treasury burned 150 million USDC on the Ethereum chain.

Gate.io News bot message: According to real-time data monitored by the on-chain data platform Whale Alert, USDC Treasury executed a burn transaction on the Ethereum blockchain network at 22:42 UTC+8, destroying a total of 150 million USDC stablecoins. Source: Wu Says.
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Large holders bought a significant amount of ETH within two hours, totaling over ten million dollars.

According to the Gate.io News bot, on-chain data shows that several large holders have made large-scale ETH purchases in the past two hours.
The wallet address 0xDdb4 borrowed 3.44 million USDC from Aave and subsequently used these funds to purchase 1,856 ETH. Meanwhile, another address 0xf84d borrowed 1.64 million USDC from Aave and used 2.34 million USDC to acquire 1,259 ETH.
In addition, a newly created wallet address 0x69D0 withdrew 2,250 ETH from a certain platform, worth approximately 4.12 million dollars.
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Ethereum R1: The neutral Rollup project without Token officially launched.

Gate.io News bot message, Ethereum scaling solution R1 officially announced its launch. The project operates on a 100% donation funding model, does not issue tokens, and has no pre-sale activities.
R1 has entered the second phase since its launch, featuring a permissionless proof mechanism, a longer upgrade delay period, and extensive community multi-signature characteristics. The project receives public benefit funding support until 2030, after which all incurred fees will be burned.
Source: wublock123
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May 1 ETF data: Bitcoin ETF net outflow of 382 coins, Ether ETF net outflow of 1,648 coins.

Gate.io News bot消息,根据最新数据显示,5月1日,10只 Bitcoin ETF 合计净流出382枚 Bitcoin,价值约3,668万美元。其中,富达 ( Fidelity ) 基金流出1,462枚 Bitcoin,价值1.4057亿美元,目前持有198,376枚 Bitcoin,总价值190.7亿美元。
On the same day, 9 Ethereum ETFs saw a net outflow of 1,648 Ethereum, worth 3.03 million USD. The Grayscale ( ETHE fund had an outflow of 3,987 Ethereum, valued at 7.32 million USD, with a current holding of 1,144,481 Ethereum.
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The Sky core team submitted a governance token upgrade proposal to fully convert MKR into SKY.

According to the Gate.io News bot, TheBlock reports that the Sky core governance team Atlas Axis has submitted a new proposal to the community, planning to completely upgrade the governance token of the Sky ecosystem from MKR to SKY.
Sky is renamed from Maker in 2024 through the "Endgame" strategy, having previously launched USDS and SKY tokens to replace DAI and MKR respectively. According to the proposal, MKR holders can convert their tokens to SKY at a ratio of 1:24000. Starting from September 18, a 1% fee will be charged for the conversion, which will increase by 1% every three months.
Once the proposal is approved, all governance rights will be transferred to the SKY Token. The conversion process is expected to be completed between May 15 and May 19, with the specific timing determined by on-chain voting. Currently, the supply of USDS has exceeded $7.5 billion.
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Aminesoftvip:
The bullish market is at its peak 🐂

Charles Schwab announces preparation for Crypto Assets investment services

According to Gate.io News bot, Ledger Insights reported that Charles Schwab is preparing to offer cryptocurrency investment services to its clients. President and interim CEO Rick Wurster revealed that the company is currently providing clients with encryption-related ETFs and futures products, and will launch Spot encryption investment services once the regulatory environment is clarified.
Compared to competitors like Robinhood that have already launched encryption services, Charles Schwab's customer base is quite unique. According to data from 2023, 56% of the company's customers are over the age of 60.
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dao5 has completed the fundraising of 220 million USD encryption fund, focusing on institutional application direction.

According to Gate.io News bot, as reported by Fortune, the encryption venture capital firm dao5 has completed the raising of $222 million for its second fund. The firm was founded by former Polychain investor Tekin Salimi in 2022.
The first phase of the $125 million fund by dao5 has been fully invested in encryption startups, with projects including Layer-1 blockchain Berachain and decentralized AI project Bittensor. Tekin Salimi revealed that the first phase fund has achieved a 1x DPI, completing the return of the invested principal.
The new fund has attracted about 15 limited partners to participate, mainly from family offices and high-net-worth individuals. The fund will focus on institutional applications in areas such as stablecoins and asset tokenization.
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The new wallet transferred 5 million USDC to HyperLiquid to purchase HYPE Token.

Gate.io News bot news, a newly established digital Wallet transferred 5 million USDC stablecoin to the HyperLiquid platform and placed a Spot order to buy HYPE Token on that platform. According to the order, the purchase price range set by the Wallet for HYPE Token is between 12 USD and 20.05 USD.
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Blockchain financial company Dinari completes $12.7 million Series A funding.

Gate.io News bot message, "Fortune" reports that the Blockchain financial company Dinari has completed a $12.7 million Series A funding round. This funding round was led by Hack VC and Blockchange Ventures, with participation from VanEck Ventures, F-Prime, and Avalanche Fund.
Dinari, as a Web3 equity trading platform, has a total financing of 22.65 million dollars, with a valuation of 40.15 million dollars in 2024. The company has launched the dShare platform outside of the United States, achieving a 1:1 match between tokens and underlying securities.
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JPMorgan Kinexys collaborates with eight banks in the Middle East and North Africa on Blockchain.

According to the Gate.io News bot, TheBlock reported that JPMorgan's blockchain division Kinexys (formerly known as Onyx) signed a cooperation protocol with eight banks in the Middle East and North Africa (MENA). The cooperating banks include Qatar National Bank, Saudi National Bank, First Abu Dhabi Bank, Emirates NBD, Dubai Commercial Bank, Bank ABC, and two banks whose names have not been disclosed.
According to the protocol, these eight banks will deploy the Kinexys platform to optimize cross-border payments, fund management, and trading operations.
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21Shares applied to the SEC for a SUI ETF, and the SUI price rose by 3.35%.

Gate.io News bot message, Swiss asset management company 21Shares has submitted S-1 registration documents to the SEC, planning to launch a SUI exchange-traded fund (ETF). According to CoinDesk, after this news was announced, the SUI price rose 3.35%, reaching $3.65. In the previous six weeks, Canary Capital had submitted application documents for the SUI ETF to the SEC.
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FHM888vip:
rxt has mostly passed, but it still falls. This is still in application. Hehe.

AI Agents zone has risen over 100% in the last 30 days, but has still fallen over 60% this year.

Gate.io News bot message, according to Dexu AI data, as BTC price rises, the AI Agents zone has achieved a 103.37% rise in the past 30 days, becoming the strongest performing zone during this period. However, in terms of overall performance from the beginning of the year to now, the AI Agents zone has fallen over 60%, ranking as one of the three worst performing zones.
Source: Wu Shuo
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Dormant wallet restarts after two months: completed a large transaction of 5.13 million USDC exchanged for WBTC.

Gate.io News bot message, a cryptocurrency wallet that has been silent for two months has recently resumed activity, executing a large token exchange transaction. The wallet exchanged 5.18 million USD in USDC for 53.87 WBTC, at an exchange price of 96,160 USD.
According to the data, the wallet at address 0x5966dcace43b2c243d73f9edda7ace43c05a3acd previously received the above USDC from Chainflip, and also received 119.73 ETH worth 218,000 USD.
Source: Nansen Data Platform
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BTC_USDT broke through 96000 USDT

Gate.io News bot message, according to Gate.io market display, the BTC_USDT price has surpassed 96000 USDT, current price is 96023.9 USDT. 24-hour increase is 1.11%.
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Ethereum advances two new standards to improve cross-chain trading experience.

According to Gate.io News bot, Decrypt reported that the Ethereum development team is advancing the development of two new standards, ERC-7930 and ERC-7828. ERC-7930 provides a standardized format for computers to specify the network to which an address belongs; ERC-7828 converts addresses into human-readable formats such as "readonly@decrypt this".
The multi-protocol team Wonderland pointed out at the Ethereum L2 interoperability working group meeting that currently, wallets and protocols lack a unified standard for parsing and displaying cross-chain address information. These two new standards are planned to be finalized on May 9 and will then be implemented in wallets, block explorers, and cross-chain protocols.
Additionally, the Ethereum Pectra upgrade is scheduled to go live on May 7, having been delayed due to issues with the testnet.
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CDCDDCDCvip:
Just go for it💪

The UK encryption mining company BTCMining Limited has been ordered to close by the court due to fraud.

Gate.io News bot message: According to CryptoNews, the High Court of England ruled on April 28 to close the cryptocurrency asset company BTCMining Limited. The company charged users for mining services but failed to deliver promised returns and prevented users from withdrawing funds.
Victimized users come from multiple countries including Estonia, Mauritania, and Iran. The UK fraud agency Action Fraud has received six formal complaints, involving a total loss of over $18,000.
The investigation shows that BTCMining Limited has had no legitimate registered address since its establishment in January 2024, and the website is currently inaccessible. The company's sole director, Stibich Martins Yhaicha Luzia, is missing.
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Ethena Labs has partnered with the TON Foundation to introduce the USDe stablecoin into the Telegram ecosystem.

According to Gate.io News bot, TheBlock reports that Ethena Labs and Ethena Foundation have officially announced a partnership with TON Foundation. According to the cooperation details, the synthetic stablecoins USDe and sUSDe will be introduced into the Telegram ecosystem.
In the specific implementation plan, sUSDe will operate in the form of tsUSDe on the TON network, allowing Telegram users to directly access this asset. In addition, related products of Ethena have been confirmed to be integrated into the native Telegram wallet, supporting TON-compatible wallets such as Tonkeeper and TONHub.
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LoveMePleaseFallvip:
快enter a position!🚗