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Circle announced it raised $222 million in a token presale for its new Layer 1 blockchain Arc, which focuses on corporate finance, reaching a $3 billion fully diluted valuation. The funding round was led by Andreessen Horowitz (a16z crypto) with a $75 million contribution, alongside investors
According to The Block, Ronin, the gaming blockchain developed by Sky Mavis, will migrate from an independent Ethereum sidechain to an OP Stack-based Layer 2 network on May 12, with approximately 10 hours of scheduled downtime during which all network transactions and onchain game actions will
According to BlockBeats, Frax Finance announced on May 12 that Tangent project deposits will launch on May 18, with frxUSD set as the default stablecoin alongside USDC support. Users can participate by providing USDC or frxUSD liquidity, earning yields and TAN token allocations while locking
According to BlockBeats, stablecoin startup Boundary Labs announced on May 12 that it is preparing to launch USBD, an institutional-grade stablecoin, and has completed $2 million in seed-stage funding. The round was led by Galaxy Digital's Galaxy Ventures, with participation from First Block
According to CNBC, Circle Internet Group completed a token presale for its Arc blockchain, raising $222 million with a fully diluted network valuation of $3 billion. Andreessen Horowitz led the round with a $75 million investment, joined by BlackRock, Apollo Funds, Intercontinental Exchange (ICE),
According to USD.AI's official announcement, Permian Labs has bought back over 338.8 million CHIP tokens from investor allocations, representing 3.39% of the total supply. Combined with previously repurchased airdrop tokens of 31.7 million CHIP (0.32%), cumulative buybacks now account for 3.71% of t
According to BlockBeats, Sui treasury company SUI Group disclosed on May 11 that it holds 108.7 million SUI tokens as of May 4, with the majority already staked and generating yields. The staking activity produces approximately 5,200 SUI daily, accumulating roughly $300,000 in rewards since
According to RootData token unlock data, Lombard (BARD) will unlock approximately 4.38 million tokens worth about $1.25 million on May 18 at 00:00 UTC+8.
According to Syndicate's announcement on May 11, the project has completed compensation for affected SYND holders on Commons Chain. All impacted users received full reimbursement plus an additional 15% of the loss amount, totaling approximately 12.9 million SYND. Compensation was sent directly to af
Key Insights:
Bittensor surged after dual ETF filings, with volume rising sharply as institutional interest in AI crypto strengthened across markets and reinforced demand signals.
Supply cuts and high staking rates limit circulating TAO, supporting price stability while analysts project
According to Digital Asset's weekly altcoin schedule, multiple tokens will undergo significant unlocking events between May 11 and May 16. MOCA will unlock 275.8 million tokens on May 11 at 11 p.m. KST, representing 3.1% of total supply. APT will release 11.3 million tokens on May 12 at 9 a.m. KST,
According to RootData, a Web3 asset data platform, Spark Protocol (SPK) will unlock approximately 27.891 million tokens worth $10.83 million on May 17 at 00:00 UTC.
According to Onchain Lens, WorldCoin team transferred 30 million WLD tokens worth $8.17 million to BitGo Custody address today (May 10). The wallet now holds 153.65 million WLD tokens valued at $41.35 million.
Key Insights:
Bittensor surged after dual ETF filings, with volume rising sharply as institutional interest in AI crypto strengthened across markets and reinforced demand signals.
Supply cuts and high staking rates limit circulating TAO, supporting price stability while analysts project
According to Lee Reiners, a lecturing fellow at Duke University and former Federal Reserve Bank of New York examiner, World Liberty Financial's WLFI token may constitute an unregistered security, in a blog post on Friday. Reiners argues