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Jack Dorsey's Crypto Finance App Cash App to Launch Bitcoin Reserve Proof

: According to market sources, billionaire Jack Dorsey's crypto finance app platform Cash App officially launched a Bitcoin reserve proof feature this week, verifying to over 60 million users that its Bitcoin holdings are fully backed with 1:1 reserves. Market observers believe this move represents a significant step forward for the crypto industry in terms of transparency, user trust, and self-custody standards, and is also seen as a positive signal promoting the long-term healthy development of the sector. (The Bitcoin Historian)

B.AI subsidy increased: top up and get a 1:1 bonus—effortlessly unlock Sun Ge’s brain

According to an official announcement, B.AI has launched a major recharge bonus upgrade campaign on May 3. For a limited time, the platform is offering a 1:1 matching recharge reward mechanism—users receive an equivalent credit bonus for every dollar they recharge, effectively reducing the cost of invoking cutting-edge large language models such as GPT-5.5 and Claude Opus 4.7, as well as the “Brother Sun Brain” model and Web3 trading skill packs by up to 50%. This campaign removes the first-recharge restriction entirely: every recharge automatically triggers an equal-value bonus, with each user eligible to accumulate up to $100 in free credits. Additionally, the platform releases a daily $10,000积分 subsidy pool (points subsidy pool), available on a first-come, first-served basis across the network, resetting every day. Starting today, visit http://b.ai to unlock top-tier computing power at the lowest possible cost—and fully unleash the limitless potential of AI Agents and on-chain ecosystems.

"Fed Mouthpiece": Fed’s Internal Winds Shift as Policy Path Moves from Rate-Cut Expectations to Rate-Hike Assessment

Nick Timiraos, known as the "Fed Mouthpiece," wrote in The Wall Street Journal that the discussion within the Federal Reserve regarding the interest rate path has undergone a noticeable shift. The focus is no longer primarily on when to restart rate cuts but has begun to consider under what conditions rate hikes might be necessary again. Since the Fed began releasing policy statements in 1994, disagreements over how to describe the policy direction—rather than actual rate changes—have been rare.Three regional Fed presidents, including Dallas Fed President Lorie Logan and Minneapolis Fed President Neel Kashkari, opposed retaining the wording "the next move is more likely a rate cut" at this week’s policy meeting, arguing that the next rate adjustment could be either a hike or a cut. Outgoing Fed Chair Jerome Powell stated that the committee is gradually shifting from a "rate-cut bias" to a "neutral stance" and noted that if rate hikes become necessary in the future, the Fed would first move to a neutral position before signaling increases. (WSJ)

Data: Monthly spending on crypto cards rises to $600 million, with USDT accounting for 62.5%

data from Memento Research shows the monthly spending volume of crypto payment cards has risen to $600 million, a six-fold increase from a year ago. Cumulative on-chain transaction volume has reached $7.2 billion, with a total of 24 million transactions completed, involving 1.36 million wallet addresses. Among them:1. 62.5% of transactions are settled using Tether (USDT), indicating that stablecoins are gradually becoming the underlying infrastructure for consumer payments;2. Approximately 90% of transactions are completed via the Visa network;3. On-chain data also shows that the Solana ecosystem contributed about $348 million in transaction volume, while Jupiter’s Jupiter Global saw a month-over-month growth of 660%.

Tether CEO: May Advance WDK and QVAC Integration for Agent Cards

Paolo Ardoino, CEO of stablecoin issuer Tether, stated in a post on platform X that Tether may need to promote integration between WDK and QVAC in the future to support the development of Agent Cards-related features. Analysts believe this direction could help improve the connection layer between AI agents and crypto payment infrastructure, providing more efficient underlying support for automated application scenarios.

Particle Network Releases Next Phase of Universal Accounts Roadmap, Chain Abstraction Ecosystem Continues to Accelerate

Particle Network has announced the next phase of its product roadmap for Universal Accounts, set to launch two new products in the coming months:1. Universal Deposit SDK: Developers only need approximately 10 lines of code to enable users to deposit assets into their application from any chain, significantly lowering the barrier for multi-chain asset integration.2. Universal Agent Accounts: APIs and a Dashboard designed for AI Agents, allowing AI Agents to own and manage their own Universal Accounts.Previously, in March, Particle released EIP-7702 Universal Accounts, enabling seamless upgrades from any standard EOA account to a Universal Account. This latest roadmap further solidifies Universal Accounts’ positioning as essential infrastructure for scenarios such as developer integration, AI Agent asset management, and multi-chain asset transfers.Overall, Particle is advancing Universal Accounts from an "account abstraction capability" towards a broader chain abstraction application-layer infrastructure, which is expected to enhance its developer adoption rate and distribution capabilities within the onchain ecosystem.

ZachXBT: US Law Firms' "Free-Riding Claims" May Hinder Recovery and Compensation of Funds for Hacking Victims

Odaily Odaily PaperImperium, the head of MegaETH, disclosed on X platform that documents from the U.S. District Court for the Southern District of New York show that a U.S. court has issued an injunction against the Arbitrum DAO, prohibiting it from transferring approximately $71 million in ETH assets that were previously frozen during the KelpDAO hacking incident. In response, on-chain detective ZachXBT posted on X platform, stating that certain U.S. law firms are using his investigative work and on-chain forensics to help victims of some hacking incidents file legal claims. However, this practice may actually slow down or hinder victims from receiving compensation or recovering funds.ZachXBT added that in previous hacking incidents involving the Lazarus Group, such law firms often stepped in after on-chain fund tracking or freezing was completed, proposing subsequent legal actions that were weakly related to the crypto incidents themselves. Similar "free-riding claims" strategies were used in events like Harmony and Bybit. He called on the crypto community to establish a DAO to resist such practices.

New York court orders Arbitrum DAO to freeze $71 million in ETH, potentially for compensation to victims of North Korea-related cases

: MegaETH lead PaperImperium disclosed on X platform a court document from the U.S. District Court for the Southern District of New York, showing that a U.S. court has issued an injunction against the Arbitrum DAO, prohibiting it from transferring approximately $71 million worth of ETH assets that were previously frozen in the KelpDAO hacking incident. The plaintiffs are attempting to use these funds to enforce outstanding judgment compensation in cases related to North Korea's involvement in terrorism, kidnapping, and other matters spanning several years. They have also filed a motion to serve legal notice to the Arbitrum DAO via alternative means, treating it as an accountable "partnership." The court document further notes that the Arbitrum DAO has a Security Council governed by ARB holders, which has the authority to take action in emergencies. As a result, relevant members who refuse to comply may face legal consequences such as contempt of court. Market observers believe that this case could set an important precedent for the U.S. judicial system to directly constrain DAO governance structures, further highlighting the compliance pressure faced by DeFi protocols under real-world legal frameworks.

dYdX Foundation: Community Approves Delisting of Four Trading Pairs Including AKT-USD, GNO-USD

According to the voting results of the dYdX Foundation governance proposal, the markets for four trading pairs—AKT-USD, GNO-USD, MNRY-USD, and MOG-USD—have been approved for delisting. A total of 16 out of 31 active validators and 124 accounts participated in this governance vote, with an overall voter turnout of 46.86%. Among the votes, 90.96% supported the delisting proposal, 0% opposed it, and 9.04% abstained. The proposal ultimately passed successfully.

Stablecoin financial services platform UnblockPay has closed a $4.5 million seed funding round, with Wintermute participating.

According to Financialit, stablecoin financial services platform UnblockPay has announced the completion of a $4.5 million seed funding round, led by Prelude, with participation from Plug and Play, Wintermute, Reverie, Signature Ventures, Triaxis Capital, Crescera Capital, and a group of angel investors. The new capital will support the development of regulated financial products, enabling businesses to integrate stablecoins into their day-to-day financial operations and facilitating seamless conversions between fiat currencies and major stablecoins such as USDC and USDT for enterprise users.

Yunfeng Financial Strategic Investment in WooshPay, Plans to Expand Digital Payment and Asset Tokenization Business

: Yunfeng Financial has announced the completion of a strategic investment in cross-border payment service provider WooshPay, with the specific amount undisclosed. WooshPay is a financial infrastructure platform regulated by the UK Financial Conduct Authority and the Hong Kong Customs and Excise Department. Yunfeng Financial stated that this investment aims to expand the digital payment market and integrate its digital asset infrastructure platform AlphaToken, advancing "AI+Web3" asset tokenization and compliant settlement-related businesses. According to further disclosure, Yunfeng Financial has received approval from the Hong Kong Securities and Futures Commission to provide virtual asset trading services, supporting users in trading digital assets such as Bitcoin and Ethereum on its platform.

Wasabi Protocol: Users Can Now Safely Interact with Contracts and Withdraw Remaining Funds

Wasabi Protocol announced a security incident update on X, stating that users can now safely interact with the protocol’s contracts to withdraw remaining funds. The team said it is working behind the scenes to the best of its ability to address the issue; however, as the investigation remains ongoing, no further details can be disclosed at this time. The team will share the latest updates with the community as soon as conditions permit.

Bio Protocol’s multisig wallet transferred 80 million BIO tokens to CEXs, worth approximately $5.15 million.

According to Yu Jin’s monitoring, Bio Protocol recently launched a BIO staking-based IDO over the past two days, after which BIO surged by over 100%. Shortly after BIO’s rapid price increase, Bio Protocol’s multisig wallet transferred 80 million BIO tokens (approximately $5.15 million) to Binance and OKX eight hours ago.

B.AI Free Quota for New Users Significantly Upgraded: 500,000 Points Granted Upon Registration

According to an official announcement, B.AI has significantly upgraded its free quota for new users as of May 1. All newly registered users will instantly receive 500,000 free credits—no strings attached—to invoke top-tier large language models integrated into the platform, including GPT-5.5 and Claude Opus 4.7. Whether tackling complex reasoning, generating code, or exploring Web3 trading strategies, users can freely test the real-world performance of cutting-edge AI. This enhanced benefit aims to substantially lower the barrier to entry for developers, freeing creativity and execution from computational budget constraints—truly enabling “register-and-go, experiment-with-confidence.” Visit http://b.ai now to claim your credits and unlock infinite possibilities.

Ethereum Foundation: Key objectives of the Glamsterdam upgrade largely completed; consensus reached on 200 million gas limit floor

The Ethereum Foundation published a summary of the Soldøgn Interop work, stating that key objectives for the Glamsterdam upgrade have now been largely achieved. These include reaching consensus on a post-upgrade gas limit floor of 200 million, achieving stable operation of the external builder process for ePBS, and finalizing the gas repricing parameters defined in EIP-8037. The primary focus of the Glamsterdam upgrade is to safely increase the gas limit—thereby expanding Ethereum’s throughput capacity—while EIP-8037 aims to prevent unbounded state growth under high gas limits by increasing the cost of state creation. The Ethereum Foundation also noted that most clients have achieved stable operation on glamsterdam-devnet-2 and have successfully tested the full external builder workflow. Additionally, substantial progress has been made on FOCIL, native account abstraction, and the Hegotá upgrade. Over the coming weeks, core developers will continue strengthening clients, refining tests, and merging code; final parameters will be publicly confirmed at the AllCoreDevs meeting.

B.AI Officially Integrates GPT-5.5 and Claude Opus 4.7 to Deliver Top-Tier Model Experience

According to an official announcement, B.AI has fully integrated and deployed the next-generation large language models GPT-5.5 and Claude Opus 4.7 as of May 1. Developers and users can directly experience these two industry-leading models at https://chat.b.ai/chat. GPT-5.5 delivers significant improvements in reasoning capability, contextual understanding, and multimodal interaction, while Claude Opus 4.7 excels particularly in code generation, logical alignment, and execution of complex tasks. This model upgrade aims to continuously provide ecosystem users with cutting-edge AI computing power, lower the barrier for developers to access top-tier models, and ensure higher response speed and system stability.

BAIclaw officially launches “Uncle Sun’s Brain,” enabling one-click loading of Justin Sun’s perspective

According to an official announcement, BAIclaw officially launched its “Sun Brother Brain” feature on May 1. Users can now one-click load the “Justin Sun Perspective” Skill to experience firsthand the deep integration of cutting-edge large language models with top-tier Web3 trading logic. To support deeper on-chain interactions, the platform has simultaneously introduced two premium subscription plans—Plan Pro and Plan Max—offering enhanced execution bandwidth and a smoother trading experience. Additionally, a limited-time launch promotion is now live: new users who make their first deposit of at least $5 will receive a bonus of 5,000,000 points. This update marks B.AI’s further advancement in integrating AI with the on-chain ecosystem—invite you to enter B.AI now, sync with elite intelligence, and seize every wealth opportunity in the Web3 market.

GameStop is planning to make a takeover offer for eBay.

According to sources familiar with the matter, GameStop CEO Ryan Cohen is planning to make a takeover bid for the e-commerce platform eBay, which has a market capitalization of approximately $45 billion, with the aim of transforming it into a retail giant valued at over $100 billion—while GameStop’s current market cap stands at only about $11 billion. Per Bitget market data, following the news, eBay’s after-hours stock price surged more than 10% on U.S. markets, while GameStop rose roughly 5% in tandem. The sources also revealed that GameStop has quietly accumulated shares of eBay and may submit its formal offer as early as later this month; should eBay’s board reject the proposal, Cohen could launch a direct tender offer to eBay’s shareholders. Earlier this year, Cohen explicitly stated he is scouting major acquisition targets in the consumer and retail sectors, seeking to expand the company’s business beyond video games and collectibles. He recently revised his compensation plan, under which he stands to receive up to $35 billion in stock awards if certain conditions—including achieving a $100 billion market capitalization—are met. As of the end of March, GameStop held approximately $9 billion in cash—nearly double the $4.8 billion it held a year earlier—providing financial firepower for this “snake-swallowing-elephant”-style acquisition. Over the past 12 months, eBay’s stock has risen more than 50%; in February, it acquired the secondhand fashion platform Depop for $1.2 billion, further focusing on collectibles.

Bitso Report: Stablecoins Account for 40% of Latin American Cryptocurrency Purchases, with USDC Purchases Exceeding Those of BTC

According to Bitcoin.com News, Bitso, one of Latin America’s largest cryptocurrency service providers, has released its “2025 Latin American Crypto Landscape Report.” The report shows that nearly 40% of cryptocurrency purchases in the region in 2025 involved U.S. dollar-pegged assets such as USDT and USDC. The analysis draws on data from nearly 10 million customers across key markets including Argentina, Brazil, Colombia, and Mexico.

Ethereum Mainnet Monthly Transaction Volume Hits All-Time High of 72.8 Million

The specific distribution is as follows: token transfers account for 62%, utility (including inscriptions) accounts for 13%, financial applications account for 8%, cross-chain applications account for 2%, and unclassified applications account for 15%.