Selected News
Zerebro co-founder Jeffy Yu passed away in May 2025 at the age of 22
The TRUMP issuance team has earned over $320 million in revenue through transaction fees
Trending Topics
Source: Overheard on CT (tg: @overheardonct), Kaito
BOOPFUN: BOOP is gaining attention today due to its airdrop event and launch on the Binance Alpha platform. The project is distributing airdrop rewards to Kaito NFT holders and staking users, with high returns surprising many users and becoming a hot topic in the community. The unique tokenomics design of BOOP (including sharing transaction fees with users through staking) is seen as a core differentiator from competitors like pumpfun. The community is actively discussing the project's potential to challenge existing platforms and its possible impact on the crypto ecosystem.
BNB: Today's discussions around BNB mainly focus on VanEck's submission of a spot BNB ETF application, which has attracted strong market attention and is seen as a potential catalyst for attracting institutional investment. Additionally, Binance founder CZ's proposal for Kyrgyzstan to include BNB and Bitcoin in its national crypto reserves has sparked heated discussions. The launch of the Space and Time (SXT) project on Binance Launchpool, allowing users to mine SXT tokens by staking BNB, has also become a key topic. These developments collectively position BNB as a focal point in the cryptocurrency space today.
XRP: The rising interest in XRP today is primarily due to two major events: Ripple's commitment of $25 million to support American educators for its RLUSD stablecoin, which has received widespread praise on Twitter; and the news of Ripple's failed acquisition of Circle, which has sparked market discussions about its strategic positioning. The combination of charitable actions and business movements has made XRP an important topic in the crypto community today.
USDE: The USDE stablecoin is gaining attention due to its integration with HyperliquidX exchange and HyperEVM, providing daily rewards for HyperCore users. The USDE launched by Ethena Labs is seen as a strategic move aimed at creating scalable yield-generating dollar assets within the Hyperliquid ecosystem. However, there are concerns in the market regarding its centralized backing model and potential competition with Hyperliquid. The rapid adoption and high total value locked (TVL) of this stablecoin in the Pendle liquidity pool have been impressive, and its role in enhancing stablecoin diversity on HyperEVM is also being discussed.
MIOTA: The excitement around MIOTA today stems from the official launch of the IOTA Rebased mainnet, which introduces significant improvements such as Move smart contract functionality, proof-of-stake mechanisms, and decentralized validation node groups. The new mainnet promises faster transaction speeds, stronger security, and developer tools, significantly enhancing IOTA's competitiveness in the Layer-1 space. The community is celebrating this milestone event, emphasizing the network's application potential in real-world scenarios such as trade, logistics, and finance. This mainnet launch has sparked widespread discussions about IOTA's future development and its ability to attract developers and institutional adoption.
Featured Articles
Jeffy Yu, the 22-year-old founder of the AI crypto project Zerebro, allegedly committed suicide. His concept of "Legacy Coin," which he proposed during his lifetime—where developers create and lock tokens that are permanently frozen after their death to symbolize "digital immortality"—has sparked heated discussions. The Zerebro project he led once had a market cap exceeding $800 million, and the related token $LLJEFFY surged briefly after the announcement of his passing. Jeffy was known for his technical talent and artistic pursuits, exploring the intersection of AI, music, and blockchain, but ultimately, both his social media and project accounts were deactivated, and the truth remains to be verified. This incident reflects the complex discussions within the crypto community regarding the value of life and digital legacy.
Following former President Trump's signing of an executive order supporting Bitcoin, several states are advancing bills to include Bitcoin in their strategic reserves, but progress varies. Utah has passed a bill but removed the Bitcoin investment clause, shifting to digital asset protection; New Hampshire's bill is pending signature, proposing to allow 5% of public funds to invest in digital assets; Texas and others are steadily advancing, targeting a scale of $50 billion; while states like Arizona and Florida have failed to pass due to gubernatorial vetoes or legislative stalling. This trend reflects the divergence among states regarding cryptocurrency as a reserve asset, with some actively positioning themselves and others remaining conservative due to risk concerns.
On-Chain Data
On-chain capital flow situation on May 6
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