5.01 AlphaCoin Community Noon Report:

1. $BTC fell below 60,000, leading the entire altcoin to continue to fall, $BTC fell 2%, and the altcoin fell 10-20%;

2. $BTC fell all the way, and there was no sharp drop for everyone to catch, causing many altcoins to fall more than 60% from their highs;

3. ionet founder: The proof-of-work verification process has been launched, and the Worker login problem has been solved;

4. The judge in the CZ case refused to increase the sentence, and the DOJ emphasized that CZ deliberately exploited the US financial system; Zhao Changpeng's defense lawyer agreed to 5 months in prison; Judge Richard Jones rejected the Department of Justice's sentencing recommendation for Zhao Changpeng to be imprisoned for 36 months, and announced a sentence of 4 months;

5. 9 spot Bitcoin ETFs reduced their holdings by a total of 1,698 BTC, equivalent to US$103.22 million;

6. Mina Foundation launched Core Grants Plan to support ecological innovation;

7. Borderless Capital launches $50 million Wormhole cross-chain ecological fund;

8. BlackRock's BUIDL becomes the largest tokenized fund, reaching $375, surpassing Franklin Templeton;

9. Renzo Protocol is launched on @binance, and due to the market situation, it has become the worst performing launchpool; it seems that in front of the market, no matter how hard you work or how good you are, it is useless;

10. Merlin Chain NFT bridge is online, and rune bridge is still under development;

11. Sui has reached a cooperation with Google Cloud to jointly promote Web3 innovation;

12. Hong Kong BTC and ETH spot ETFs are launched, and the first-day trading volume is less than that of the on-chain local dog;

13. JamesWynnReal started shouting $ELON again after $ELON rose, will the market continue to buy it;

14. Kamino went online, but it was not very popular, and no one even paid attention to it;

15. The agreement of not taking over each other seemed to be reached, but although they said they would not take over cex, a lot of people still took over $REZ ;

$ATOM $OP