• The Hong Kong subsidiaries of two Chinese asset management companies have applied to launch spot Bitcoin ETFs. The two companies, Harvest Fund and Southern Fund, manage more than $200 billion in assets respectively. The applications come amid tight restrictions on cryptocurrency trading and mining in mainland China. This will be the first opportunity for cryptocurrency investors to get exposure to Bitcoin ETFs in the Hong Kong market​

  • 1inch announced a partnership with Mastercard and Baanx to launch a Web3 debit card that supports ATM withdrawals, allowing users to use cryptocurrencies for online and face-to-face purchases and seamlessly convert cryptocurrencies to fiat currencies.

  • Chainalysis announced that James Lee, former head of criminal investigation at the IRS, has joined the company as global head of capability building. His main task is to help law enforcement agencies, regulators and other entities build and enhance their capabilities to combat illegal financial crime.

  • Bored & Hungry restaurant in Los Angeles is about to close, but the brand will be taken over by Hungry DAO and may reopen in the Los Angeles area. Bored & Hungry is a restaurant based on the Bored Ape Yacht Club NFT that allows cryptocurrency payments. Despite the closure of the store in Long Beach, California, the brand is expanding in Asia and the Middle East, with pop-up stores in Hong Kong, Singapore and Dubai.

  • Bored & Hungry restaurant in Los Angeles is about to close, but the brand will be taken over by Hungry DAO and may reopen in the Los Angeles area. Bored & Hungry is a restaurant based on the Bored Ape Yacht Club NFT that allows cryptocurrency payments. Despite the closure of the store in Long Beach, California, the brand is expanding in Asia and the Middle East, with pop-up stores in Hong Kong, Singapore and Dubai.

  • According to CME's "Fed Watch", the probability of the Fed keeping interest rates unchanged in May is 100%. By June, the probability of keeping interest rates unchanged is 48.7%, while the probability of a cumulative 25 basis point rate cut is 51.3%, and the probability of a cumulative 50 basis point rate cut is 0%​

  • The president of the Swiss National Bank said that the central bank is studying how to use wholesale central bank digital francs to settle monetary policy operations. The study includes evaluating the possibility of providing Swiss franc central bank currency in tokenized form to financial institutions and exploring its use in operations such as repurchasing or trading Swiss National Bank bills. The pilot project showed that banks, infrastructure providers and the Swiss National Bank can adapt to the use of wholesale central bank digital francs, but at present, there seems to be little need to issue retail central bank digital currencies to the general public, because the risks of retail central bank digital francs outweigh their potential benefits.

  • Polkadot’s active addresses have exceeded 600,000, of which more than 41% belong to Moonbeam, but its network transaction volume is still low. The transaction volume in March was 11.58 million, slightly higher than 10.8 million in April, but far lower than 31.78 million in December.

  • The total locked value (TVL) of the L2 network Base has exceeded $4 billion. According to L2BEAT data, the current TVL is $4.01 billion, an increase of 14.5% in the past seven days.

I have a project that I am very optimistic about. The following article is a must-read:

  1. In-depth analysis of the core logic of the XAI project

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  3. Understand and run Xai nodes to earn XAI tokens

  4. Game public chain Xai: Binance Square database


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