News linked to both this project and an event.
Charles Schwab is rolling out Schwab Crypto™ accounts to retail clients in phases. Starting today, the first group of clients can trade Bitcoin and Ethereum on the Charles Schwab platform and manage them alongside their other investment products.
The Ethereum Foundation announced that Clear Signing has officially launched, aiming to eliminate “blind signing” by defaulting Ethereum transaction signatures to human-readable formats—thereby enhancing both user experience and security. Spearheaded by the Ethereum Working Group, the initiative includes: ERC-7730 for generating human-readable transaction descriptions; a neutral, mirrorable descriptor registry; ERC-8176, a proof framework enabling auditors to verify descriptor integrity; and open development tools for wallets, protocols, and auditors. Participants include Ledger, Trezor, MetaMask, and WalletConnect.
Coinbase announced the expansion of its on-chain crypto-backed lending product, adding Solana as a supported collateral asset. Users can now borrow up to $100,000 in liquidity based on their SOL holdings. The service operates on the Morpho lending infrastructure deployed on the Base network, consistent with the structure of previously supported loans backed by Bitcoin, Ethereum, and other crypto assets.Ben Shen, Head of Financial Services at Coinbase, stated that introducing SOL as a collateral asset will enhance capital efficiency and the liquidity experience for users within the Solana ecosystem, while strengthening its "Everything Exchange" strategy—covering more crypto financial scenarios through a single platform. (The Block)
Odaily Investment bank TD Cowen reiterated its "Buy" rating on Sharplink following its Q1 earnings report, maintaining a $16 price target, implying approximately 106% upside from the current share price of $7.76.Sharplink's Q1 revenue exceeded $12 million. The company also announced the establishment of an approximately $125 million income fund in partnership with Galaxy Digital, with Sharplink contributing roughly $100 million. The fund will focus on DeFi and liquidity yield opportunities, targeting returns higher than base staking yields.The analyst team believes the current share price is in a "favorable entry window," driven primarily by a persistent NAV discount and expanding Ethereum demand. Sharplink currently holds approximately 873,000 ETH (about $2 billion), translating to a net asset value (NAV) of roughly $9.68 per share, while the stock still trades at about a 20% discount to NAV. TD Cowen noted that the Galaxy partnership strengthens Sharplink's yield strategy, allowing it to maintain ETH exposure while improving capital efficiency through institutional-grade DeFi opportunities. (The Block)
According to official announcements, Brevis—a ZK-powered intelligent verifiable computation platform—has launched Pico Prism 2.0, now live on Ethereum’s mainnet under the current 60-million-Gas block limit. Benchmarking results show that, under Ethereum’s current 60-million-Gas block limit, Pico Prism 2.0 achieves an average proof time of 6.1 seconds per block, with 99.9% of blocks completing final proofs within 12 seconds. The entire system runs on just two machines equipped with a total of 16 RTX 5090 GPUs, at an aggregate hardware cost of approximately $100,000. Compared to Pico Prism 1.0, Pico Prism 2.0 delivers roughly a 5.3× improvement in per-block proof efficiency—even while using only one-quarter of the hardware configuration—further fulfilling the Ethereum Foundation’s two primary objectives for real-time proving: “average proof latency under 10 seconds” and “on-premises hardware cost under $100,000.” Previously, Brevis was selected for the Ethereum Foundation’s “On-Prem Proving Initiative,” a program launched in May 2026 to test whether ZK proofs can scale as decentralized infrastructure without reliance on a handful of cloud service providers—the most L1 zkEVM-integration-ready rehearsal to date. Moving forward, Brevis will continue focusing on robustness.
Odaily Planet Daily reported that Starknet, the Ethereum Layer 2 network developed by StarkWare, has officially launched strkBTC. This is a new Bitcoin-based asset designed to achieve private balances and anonymous transfers through zero-knowledge proof (ZK) technology while maintaining composability with DeFi applications. After its launch, strkBTC supports "re-anonymization," allowing assets to be bridged back to entirely new, unlinked Bitcoin addresses, and also provides compliance audit and asset screening features. (The Block)
According to the official announcement, HTX has officially launched its “7th Leveraged Trading Competition,” with a total prize pool of 30,000 USDT to celebrate Bitcoin Pizza Day. From May 12 at 18:00 to May 24 at 18:00 (UTC+8), new users who complete their first leveraged trade will receive a 50 USDT leveraged trading interest coupon—limited to the first 2,000 recipients on a first-come, first-served basis. During the event period, users whose leveraged trading volume reaches or exceeds 1,000 USDT will receive a 5%–20% rebate on trading fees. Additionally, leveraged trades in BTC, ETH, DOGE, TRX, TON, ZEC, FIL, and JST will count three times toward the user’s total trading volume. Users can participate by clicking “Register Now” on the campaign page.
Bitget PoolX is set to launch the AIGENSYN project, with a total airdrop of 3,150,000 AIGENSYN tokens. This campaign features two ETH staking pools, open for staking from May 12 at 18:00 to May 16 at 18:00 (UTC+8). The static ETH staking pool allocates 1,260,000 AIGENSYN tokens, with a staking cap of 1,500 ETH. The dynamic ETH staking pool allocates 1,890,000 AIGENSYN tokens; its staking cap—up to 1,500 ETH—is tiered and determined based on users’ trading volume over the past 15 days.
Aave updated its statement regarding the Arbitrum DAO proposal, noting that the court modified the restraining notice on May 8 to permit Arbitrum DAO to conduct on-chain voting and to transfer the ETH frozen due to the rsETH incident to Aave LLC; upon transfer, the restraining notice will attach to Aave LLC. The revised constitutional AIP retains Arbitrum DAO’s previously approved intent to recover funds, and the relevant ETH will still be used for rsETH recovery. Aave also stated that the plaintiff judgment creditor had served the restraining notice on Arbitrum DAO on May 1 in an unrelated case, after which Aave LLC filed an emergency motion to vacate.
According to The Block, the Ethereum Foundation is restructuring its Protocol team, appointing Will Corcoran, Kev Wedderburn, and Fredrik as the new co-leads of the Protocol cluster. This reorganization comes as Barnabé Monnot and Tim Beiko plan to depart the organization, and Alex Stokes begins a sabbatical. The Protocol team is the Ethereum Foundation’s core team responsible for the design, research, development, and coordination of Ethereum’s base layer, covering areas such as security, cryptography, zkEVM, and peer-to-peer networking. The team is currently advancing Ethereum’s next major scalability upgrade, Glamsterdam, which aims to raise the gas limit ceiling and floor to 200 million and introduce ePBS. Subsequently, the team will shift its R&D focus toward the Hegotá upgrade and the FOCIL prototype to enhance Ethereum’s censorship resistance.
the Ethereum Foundation has disclosed the outcomes of a recent interoperability meeting among core developers held in Svalbard, Norway, and provided an update on the key technical progress of the next upgrade phase, "Glamsterdam." During the meeting, multi-client teams collaborated on network scaling and execution layer optimization, making progress in several areas. Developers confirmed that a "credible path" post-Glamsterdam has been agreed upon, based on the combined results of ePBS, BAL optimizations, and the EIP-8037 repricing mechanism.On the execution layer side, ePBS (External Proposer Separation) has been running stably on the multi-client Glamsterdam-devnet. The external block builder process has completed end-to-end testing, covering nearly all client implementations. Meanwhile, EIP-8037 has been finalized, establishing the fixed cost_per_state_byte model and completing the full repricing parameter output on bal-devnet-6.The expansion track "Hegotá" has also made progress. FOCIL-related prototypes now have operable implementations. The scope of requirements for Account Abstraction (AA) has been defined, and the next phase will move to multi-client devnet verification. Current development efforts remain focused on the final delivery of Glamsterdam, while simultaneously advancing the Hegotá expansion design and the subsequent Strawmap roadmap evolution. The devnet is now live, and features like FOCIL are expected to be further deepened in the next phase of testing.At an organizational level, this interop meeting also marked the official start of leadership restructuring within the Protocol Cluster. The new leads include Will Corcoran, Kev Wedderburn, and Fredrik. Will Corcoran will oversee zkVM proofing and post-quantum consensus coordination, Kev Wedderburn will lead zkEVM research and development, and Fredrik will be responsible for protocol security and the Trillion Dollar Security project. Former Protocol Cluster leadership team members Barnabé Monnot and Tim Beiko will gradually step back from management roles, while Alex Stokes is entering a sabbatical cycle. The Foundation stated that during their tenure, the Protocol team successfully advanced modularization and drove the Fusaka upgrade to launch (December 2025), introducing PeerDAS and increasing mainnet gas capacity.
: Marc, the head of cryptocurrency donations at St. Jude Children's Research Hospital, stated that the hospital received a donation equivalent to 0.5% of the total supply of ASTEROID tokens approximately two years ago. However, due to the lack of compliant exchange channels at the time, the assets remained in the on-chain wallet.He noted that as ASTEROID's market cap rose from roughly $20,000 to over $150 million, the hospital's holdings were once valued between $500,000 and $1 million. To avoid impacting the community's liquidity, the hospital ultimately sold the holdings in 12 batches over two days, continuously monitoring liquidity throughout the process.Marc stated that the proceeds totaled over 290 ETH, worth approximately $676,000, and the funds will be used to support the treatment and research of childhood diseases at St. Jude Children's Research Hospital.
Ondo Finance has officially disclosed that Ondo now supports bridging its tokenized stocks and ETFs (such as SPYon, NVDAon, TSLAon, etc.) from Ethereum and BNB Chain to Hyperliquid’s HyperEVM via the Ondo Bridge. This integration supports 35 types of tokenized assets, which can be combined with Hyperliquid’s perpetual contract markets for strategies such as basis trading, funding rate arbitrage, and neutral hedging. The prices of Ondo’s tokenized assets are pegged to quotes from traditional markets like the NYSE and Nasdaq, aiming to preserve off-chain market liquidity. Since its launch in September 2025, Ondo Global Markets has accumulated a total TVL of approximately $970 million, with a trading volume of nearly $18 billion.
the Bank of New York Mellon (BNY) has announced the launch of a compliant institutional-grade digital asset custody service in the Abu Dhabi Global Market (ADGM), aiming to position Abu Dhabi as a global digital finance hub. The service is designed to provide institutional clients with highly secure and scalable digital asset custody solutions. Initially, the service will support the custody of Bitcoin and Ethereum, with subsequent phases expanding to stablecoins, tokenized real-world assets (RWAs), and more regulated digital financial products. The project remains subject to final agreement confirmation and relevant regulatory approvals. (Crowdfundinsider)
Odaily Odaily Planet Daily reports, Ronin, the gaming-focused blockchain behind Axie Infinity, will migrate from an independent sidechain to an Ethereum Layer 2 network (L2) via a hard fork on May 12. The upgrade adopts the OP Stack architecture and is expected to trigger approximately 10 hours of network downtime, during which transfers, swaps, contract interactions, and on-chain gaming activities will all be paused.This upgrade simultaneously introduces the Proof of Distribution mechanism, which automatically rewards ecosystem builders based on their actual network contributions. In terms of tokenomics, RON's inflation rate will be drastically reduced from over 20% to below 1%; the 90 million RON originally allocated for staking rewards will be transferred to the treasury fund; and the market fee will be increased from 0.5% to 1.25% to enhance network security, scalability, and long-term economic stability. (CoinDesk)
Vitalik Buterin published a research article on May 10, proposing to replace traditional on-chain transfer solutions with zero-knowledge proof (ZK) transactions, pushing crypto payments from "pseudonymity" toward "privacy by default." This solution allows users to complete payment verification without disclosing their full balance and transaction history.Vitalik specifically mentioned that in the era of AI agents, autonomous AI agents need to pay for services such as LLM APIs without leaving traceable footprints. He stated that through recursive SNARKs and a ZK API credit mechanism, Ethereum Layer 2 can achieve private payments at speeds and costs close to those of transparent transactions.Additionally, the proposal includes selective disclosure and "proof of innocence" mechanisms, allowing users to provide compliance proof to regulators or tax authorities without revealing on-chain privacy data, thereby meeting anti-money laundering requirements. Vitalik believes that the transparent and public nature of blockchain is a major obstacle to the widespread adoption of crypto payments.
Binance has released its May proof of reserve update. As of May 1st, users' net BTC balance stood at 606,742.388 BTC, while Binance's wallet balance was 608,067.979 BTC, resulting in a BTC reserve ratio of 100.22%.Additionally, users' net ETH balance was 3,762,321.834 ETH, with Binance's wallet balance at 3,762,328.82 ETH, giving an ETH reserve ratio of 100%. The USDT reserve ratio was 104.27%, and the BNB reserve ratio was 101.68%.
BitMart's "BM Discovery" zone launched LO0P (LO0P) at 10:30 AM (UTC+8) on May 11. The trading pair LO0P/USDT is now available.LO0P is a lending AMM protocol on Ethereum based on Uniswap V4 Hook, allowing users to borrow ETH without selling their tokens. Users purchase LOOP on a bonding curve and lock it as collateral to withdraw funds from the liquidity pool's ETH reserves.
Wasabi Protocol released a security incident update, stating that the attacker exploited a Spring Boot Actuator configuration vulnerability in its AWS infrastructure to steal private keys controlling EVM smart contracts, and subsequently drained approximately $4.8 million in user funds and $900,000 from the protocol’s treasury—totaling roughly $5.7 million in losses. The attack chain originated from a public-facing analysis server whose Actuator heap dump was not properly password-protected, enabling the attacker to obtain credentials for another server and ultimately gain control of the smart contract private keys. This incident affected only EVM deployments—including certain treasuries on Ethereum, Base, Blast, and Berachain—while Solana deployments and the Prop AMM remained unaffected. No final user compensation plan has been announced yet; however, “ensuring all affected users are compensated” remains the team’s top priority. Updates on the investigation will be shared with the community via Discord.
CoinMarketCap’s April 2026 Exchange Monthly Report shows that the total trading volume across the 12 tracked cryptocurrency exchanges amounted to $4.50 trillion, with Binance holding a 36.23% market share. Overall derivatives trading volume was 5.38 times that of spot trading, and the combined proof-of-reserves across eight exchanges totaled $220.07 billion. The report also notes that Coinbase surpassed Binance in BTC spot order book depth within ±2%, becoming the exchange with the deepest liquidity; for ETH spot liquidity, Binance remains the leader. On the regulatory front, Binance is advancing its MiCA authorization application in Greece, while Gemini completed its withdrawal from the UK, EEA, and Australian markets on April 6.