Linea: „Thanks to the community, we detected Sybil activity which managed to bypass issuers and attain attestations as though they are individual people. We strive to make our Voyage human-centric, so this caused us to pause distributing LXP. We're working with PoH issuers and Verax proactively to revoke attestations for addresses that are Sybils.”

https://twitter.com/LineaBuild/status/1789318471680958952

The Securities and Exchange Commission will probably deny applications for Ethereum spot exchange-traded funds on May 23.

The lack of meaningful interaction with prospective issuers, coupled with Ethereum’s ambiguous regulatory status, have made analysts pessimistic about the chances.

Not to mention the SEC’s recent investigation into the Ethereum Foundation.

That means spot Ethereum ETFs probably won’t see the light until the end of 2025, Bloomberg Intelligence ETF analyst Eric Balchunas told DL News.

https://www.dlnews.com/articles/markets/us-election-may-decide-fate-of-ethereum-spot-etfs/

Bitcoin Magazine CEO: “For the past month we have been working with the Trump campaign to develop their bitcoin and crypto policy agenda. We proposed a comprehensive executive order for President Trump to sign on day 1. I will be sharing those details soon. This week Trump took the first step, but there is much work to do. We intend to raise a $100m war chest for the campaign to insure the next President of the United States is pro Bitcoin. If you can help, please reach out.”

https://twitter.com/DavidFBailey/status/1789141605544538467

Bitcoin's onchain activity has dipped to its lowest level since 2019.

https://twitter.com/santimentfeed/status/1789383542021169208

Crypto Market Daily Review ☀️

The market is neutral. Market cap is $2.26T. Bitcoin is trading at $61.1K

dropstab | icodrops | twitter | telegram

Ripple CEO Brad Garlinghouse has warned that the US government is targeting Tether.

https://beincrypto.com/ripple-ceo-government-target-tether/

Carv has postponed the node sale.

Whitelist Node Sale Launch: May 24, at 12:00 UTC
Public Node Sale Launch: May 28, at 12:00 UTC

https://medium.com/carv-official/carv-nodes-up-to-100-buyback-program-chaperone-the-node-launch-fostering-a-decentralized-9fa0353e475f

BounceBit (BB) trading has started on Binance.

BounceBit (BB) is the first project on Binance Megadrop.

BB is now trading at $0.46.
FDV: $978.6M
Max Token Supply: 2,100,000,000 BB
Initial Circulating Supply: 409,500,000 BB (19.5% of max token supply)

Website: https://bouncebit.io/
Twitter: https://twitter.com/bounce_bit

https://www.binance.com/en/trade/BB_USDT

Holograph has introduced the airdrop checker and airdrop round 1 details.

Checker: https://eligibility.holograph.foundation/

Tokenomics:
Total supply: 10B HLG
500,000,000 HLG (5% of the total supply) will be distributed to eligible recipients in HLG Rewards Round 1.
Initial Circulating Supply: 15,25%

Key Timelines:
Registration Period: May 13, 2024 at 10:00 UTC — May 23, 2024 at 4:59s UTC
Distribution Period: May 23, 2024 at 17:00 UTC — May 23, 2024 at 9:59 UTC
Results Announcement: May 23, 2024 at 10:00 UTC
Lock-Up Period: Until May 23, 2024 at 12:00 UTC

Holograph is an omnichain tokenization protocol, enabling asset issuers to mint natively composable omnichain tokens.

Website: https://www.holograph.xyz/
Twitter: https://twitter.com/holographxyz

https://mirror.xyz/holographxyz.eth/VwVSwT0BqujmLuq5Xnm4exDnx90Wl7c6WaqX8EuOuQI

Notcoin direct deposits to exchanges will be closed tomorrow (May 14th).

The next time withdrawal options (including on-chain claim) will be opened after the listing.

https://twitter.com/thenotcoin/status/1790006429912293875

Binance Labs has invested in Zest Protocol, an on-chain bitcoin lending infrastructure enabling users to lend or borrow native BTC with transparent yields in a permissionless way.

https://www.binance.com/en/blog/ecosystem/binance-labs-invests-in-zest-protocol-to-introduce--onchain-bitcoin-lending-on-stacks-blockchain-4872312500777637604

DYdX founder Antonio Juliano to step down as CEO of the decentralized exchange; Ivo Crnkovic-Rubsamen takes over.

https://www.coindesk.com/business/2024/05/13/dydx-founder-antonio-juliano-to-step-down-as-ceo-of-the-decentralized-exchange-ivo-crnkovic-rubsamen-takes-over/

Crypto Market Daily Review ☀️

The market is growing. Market cap is $2.31T. Bitcoin is trading at $62.4K

dropstab | icodrops | twitter | telegram

UBS, the largest Bank in Schweiz, and Bank of Montreal, the 4th largest in Canada, disclose that they own Blackrock Bitcoin Spot ETF.

https://twitter.com/seth_fin/status/1790073444442235227

Drift Protocol has announced the airdrop details.

DRIFT Launch Airdrop claims will go live on May 16 at 12:00 UTC.

Total Airdrop Supply: 12%
Total Tokens for Airdrop: 120,000,000
Eligibility & claim URL: drift.foundation

The initial allocation is available at launch, and the bonus unlocks linearly over 6 hours. Vesting starts at launch and will stop when claimed.

https://twitter.com/DriftFDN/status/1790141570685051034

Bryan Pellegrino: “Up to 100,000 self reported Sybil addresses. My intuition is that a confirmed data set of 100,000+ is going to be extremely powerful in finding others either using same software or similar methodologies. Can’t wait to see what it yields.”

https://twitter.com/PrimordialAA/status/1790033102837797069

FLOKI DAO put forward a proposal to burn 15,246,000,000 FLOKI tokens.

End date: May 15

https://snapshot.org/#/floki-inu.eth/proposal/0xeb0cad899fbf88b71e20171c771c1b71b8b90dcb3ce2da80a5b12dc38107506b

According to GitHub, Taiko TGE is approaching on May 26th.

Taiko is a decentralized, Ethereum-equivalent ZK-Rollup.

Website: https://taiko.xyz/
Twitter: https://twitter.com/taikoxyz

https://github.com/taikoxyz