1. Multicoin: Understanding BTC native application platform Arch Why it pays more attention to BTC programmability

On May 9, 2024, Multicoin announced that it led a $7 million seed round of financing for Arch, a Bitcoin native application platform. Arch unlocks the potential of bridgeless decentralized finance (DeFi) on Bitcoin, the world's largest blockchain. Other investors participating in this round of financing include OKX Ventures, Big Brain Holdings, Portal Ventures, CMS Holdings, Tangent, etc. Click to read

2. Learn about Binance Launch 54 Project Notcoin (NOT)

On May 9, 2024, Binance announced that the 54th project of Binance Newcoin Mining has been launched - Notcoin (NOT), a community token that introduces users to web3 through a click-to-earn mining and click-to-earn mining mechanism. Click to read

3. Pantera Partner: Understanding P2P Lending Protocol Morpho

DeFi is revolutionizing the way we think about financial services, challenging traditional banking and lending structures through groundbreaking innovation. Among the various protocols on Ethereum, Morpho stands out, recently surpassing Compound in total lending value. This achievement not only highlights the effectiveness of Morpho’s innovative lending model, but also signals a broader shift in digital asset management across the DeFi space. Initially known for the peer-to-peer lending it provided through Morpho Optimizers, Morpho has evolved further with the launch of Morpho Blue, a model that enhances traditional pool-based lending systems to provide a more efficient and adaptable financial solution. Click to read

4. What’s next for FTX after the creditor repayment proposal?

FTX’s latest plan to repay its creditors is another step in a process that will likely require more negotiation and time. In other words, this story isn’t over yet.

5. Nansen analyst: Altcoins will bottom out before the early summer bull market

Popular cryptocurrency analyst Rekt Capital wrote in a May 8 article that based on historical chart patterns, altcoins could reach a price bottom around early June.