Today
2025/05/03

Distributing 8.25 million USUALx to USUALx holders

PANews May 3 news, RWA stablecoin issuer Usual announced on X that its third round of early redemption fees has been completed, with a total of 8.25 million USUALx distributed to eligible holder addresses. Usual indicates that the previous UIP-7 proposal has been approved, clarifying the redistribution method of the early redemption fees collected earlier, and there will be more rounds of distribution in the future.
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Trump posted a photo of himself in a pope costume on a social platform.

BlockBeats news, on May 3rd, according to The Kobeissi Letter, Trump posted a photo of himself in a pope costume on the social platform Truth.
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Poll: Less than 40% of Germans support Merz, who may become the Chancellor of Germany.

On May 3, Jin10 reported that the political barometer of German television channel ZDF showed that the support rate for Merz, the leader of the Christian Democratic Union and the Christian Social Union (CDU/CSU), who is about to become the new Chancellor of Germany, is less than 40%. According to the survey results, only 38% of Germans have a positive attitude towards Merz leading the future government, while 56% have a negative evaluation. It is reported that among the supporters of the Social Democratic Party of Germany (SPD), which previously reached a coalition government protocol with the CDU/CSU, most hold a negative attitude towards Merz. Only 32% of respondents support his candidacy, while 62% oppose it.
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A stampede occurred in Goa, India, resulting in 7 deaths.

Jin10 reported on May 3rd that a stampede occurred during a religious event in Goa, India, resulting in 7 deaths and more than 30 injuries. The injured have been sent to the hospital for treatment.
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memes GORK continues to pump, market capitalization surpasses 73 million USD, setting a new historical high.

BlockBeats News, on May 3, according to the GMGN market, the meme coin GORK continued to rise, with a market value of more than $73 million, and the price of the currency hit a record high, with a 24-hour increase of 164.8%.
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Thailand reports a case of human infection with anthrax resulting in death.

Jin10 reported on May 3 that the Thai Ministry of Public Health reported two confirmed cases of human infection with anthrax on May 1, one of whom has died. This marks the first report of a fatal human anthrax infection in Thailand in 31 years, prompting the Thai government to issue a public health alert.
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Harvard University President: Trump's move to strip the school of its "tax-exempt status" is "highly illegal"

On May 3, Jin10 reported that Harvard University President Alan Garber stated in a media interview on the 2nd local time that the action to deprive the university of its federal "tax-exempt status" is "highly illegal" and will send a "terrible signal" to the education sector. According to reports, U.S. President Trump reiterated his plan to revoke Harvard University's "tax-exempt status" through social media that day, to which Garber responded. Garber emphasized that granting educational institutions "tax-exempt status" is meant to enable them to successfully fulfill their educational mission, and for research universities, it is to fulfill their research mission.
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Large Investors injected 6.51 million USDC into HyperLiquid and shorted HYPE Token.

According to the Gate.io News bot, on-chain data shows that in the past 48 hours, a Large Investor deposited 6.51 million USDC into the HyperLiquid platform. The investor then used these funds to open a short position on HYPE Token with 5x leverage on the platform.
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The Houthis claimed that the US military launched more than ten attacks in multiple locations in Yemen.

Jin10 reported on May 3 that, according to the Masira TV controlled by the Houthi armed group in Yemen, on the morning of May 3 local time, the U.S. military launched 8 attacks in Al-Jawf Province, 3 attacks in Amran Province, and 1 attack in Sana'a Province.
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Due to the influence of Elon Musk's follow, the meme coin GORK briefly pumped over 50%.

BlockBeats news, on May 3rd, according to GMGN market information, influenced by Musk's attention, the meme coin GORK surged over 50% in a short time, currently priced at 0.049 USD. Musk paid attention to the gork X account this morning and replied with a GRIN emoji under the related tweet.
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Elon Musk follows the gork X account and replies to related tweets.

BlockBeats news, on May 3, Musk followed the gork X account this morning and replied with a GRIN emoticon under the related tweet.
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The United States and Israel are reportedly about to reach an agreement on sending aid supplies to Gaza.

Jin10 reported on May 3rd that, according to AXIOS on Friday local time, two Israeli officials and one American source revealed that representatives from the United States, Israel, and a new international foundation are about to reach an agreement on how to restore humanitarian aid to the Palestinians in Gaza without being controlled by Hamas.
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The results of the local elections in the United Kingdom have been announced, and the Labour and Conservative parties have suffered setbacks

Golden Ten Data reported on May 3 that on May 2, local time, the results of the local elections in the United Kingdom were released. Britain's right-wing Reform Party won the most local council seats, with 674 seats; The ruling Labour Party is fourth out of six parties with 99 seats; The Conservatives came in second with 316 seats, but lost their original 672 seats. More than 1,600 members of the local council and six mayors were elected, and one member of the House of Commons representing the Langcoen and Helsby regions of England was elected in a by-election. Previously, Labour MPs representing the constituency resigned after being convicted of assaulting someone in the street. The results of the by-election have been indicated, and the Reform Party narrowly defeated the Labour Party to win the seat. British Prime Minister Starmer, the leader of the Labour Party, said in an interview that the result was "disappointing". The election is seen as a major test for Labour's coming to power. Analysts pointed out that a series of measures after the Labor Party came to power, such as limiting winter energy subsidies, pushing
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Two cryptocurrency project leaders from the IRS are leaving under a delayed retirement plan.

According to the Gate.io News bot, CoinDesk reported that Seth Wilks and Raj Mukherjee, leaders of the encryption project at the IRS, officially left their positions this Friday. The two previously worked in the encryption industry and joined the IRS in 2024, mainly responsible for formulating encryption tax policies and participating in the development of the new 1099-DA tax form. This departure is based on the government’s "DOGE Deferred Compensation Plan."
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Friday
2025/05/02

FTC sues IML for allegedly misleading advertising of Crypto Assets trading courses to defraud $1.2 billion

According to the Gate.io News bot, TheBlock reported that on May 2, 2024, the Federal Trade Commission (FTC) of the United States, in conjunction with the state of Nevada, filed a legal lawsuit against IML Company. The lawsuit documents indicate that the company has accumulated approximately $1.2 billion in funding since 2018 through false advertising of crypto assets, forex, options, and stock trading courses. The company had previously conducted business under several names, including IM Mastery Academy and iMarketsLive.
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Ant Group launched the Jovay Layer 2 Blockchain in Dubai, promoting the construction of RWA financing infrastructure.

According to Gate.io News bot, Wu Shuo reported that Ant Group is scheduled to hold the first RWA REAL UP Summit in Dubai on April 30, 2025. At the summit, Ant Group will launch the Jovay Layer 2 Blockchain for building the financing infrastructure for real-world assets (RWA). At the same time, Ant Group launched the DTVM Stack smart contract platform based on large models, which has been open-sourced and supports Ethereum-compatible ecosystems. Ant Group promotes the application of AI and Blockchain technology in the financial and green energy sectors through its international headquarters in Hong Kong and its Middle East hub in Dubai, including converting green energy facilities such as solar energy into tradable on-chain assets.
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The Houthi forces stated that the U.S. military's intensive airstrikes targeted Al Hudaydah province in Yemen.

On May 3, Jin10 reported that, according to Houthi armed forces, the U.S. military carried out at least seven intensive airstrikes on the port of Ras Isa in Yemen's Hodeidah province on the evening of the 2nd local time.
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$A47 surges above 510% after going live on Gate.io

$A47
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Institution: U.S. refined copper imports hit record high in April

Jin10 reported on May 3rd that according to IHS Markit high-frequency shipping data, refined copper shipments to the United States in April exceeded 170,000 tons, reaching the highest level since records began in 2014. Some organizations claim that if this data is corroborated by trade data disclosed by the U.S. government, it will surpass the historical high of approximately 142,000 tons set in November 2001.
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European Central Bank Vice President Luis de Guindos: We can maintain an optimistic attitude towards the sustained phase of interest rate cuts.

Hyperliquid has launched a developer self-deployment feature for Perptual Futures, now available on the Testnet.

Gate.io News bot message, the decentralized derivation protocol Hyperliquid officially releases the HIP-3 feature, which supports developers to autonomously deploy Perptual Futures, and is currently live on the Testnet. According to this mechanism, developers need to stake 1 million HYPE tokens and pay gas fees through a Dutch auction to achieve complete decentralization of the contract market launch. The deployer has the authority to set the fee distribution and market parameters. In case of malicious operations, the verifier will confiscate their staked assets through a voting mechanism. Source: wublock123
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Pakistan calls for an international investigation into the shooting incident in Indian-administered Kashmir.

Jin10 reported on May 2 that Pakistani Prime Minister Shehbaz again urged the international community to conduct a credible, transparent, and neutral investigation into the recent shooting incident in the India-controlled Kashmir region.
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$PUNDIAI gains more than 15% after going live on Gate.io Launchpool

$PUNDIAI
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