The Ethereum core development team is about to complete the formulation of the ERC-7828 and ERC-7930 standards, aimed at solving the address recognition problem in Cross-Chain Interoperativity. ERC-7930 provides a unified network identification format for the system, while ERC-7828 is dedicated to converting encryption addresses into a more recognizable "name@service" format, reducing the risks users face due to incorrect network selection. In addition, the Ethereum Pectra upgrade is scheduled to be deployed to the Mainnet on May 7.

BlockBeats news, on May 1, according to Cointelegraph, Zack Witkoff, co-founder of World Liberty Financial, stated that the USD stablecoin USD1 issued by WLFI will also be natively issued on the Tron blockchain. Previously, WLFI had issued the stablecoin USD1 on the BNB Chain.

Jin10 reported on May 1st that Brent crude oil has fallen below $60 per barrel for the first time since April 9, dropping 1.66% during the day. WTI crude oil also declined 2.00% today, currently priced at $56.90 per barrel.

Jin10 data reported on May 1st, Mitsubishi UFJ analyst Lee Hardman stated in a report that the prospect of a slowdown in the Bank of Japan's interest rate hike pace may help to curb the recent strength of the yen. The Bank of Japan maintained interest rates on Thursday, while being more cautious about the prospects for further rate hikes, and lowered its expectations for economic growth and inflation. This should help to curb the yen's strength. However, if global economic growth continues to slow down and other major central banks further cut rates, the trend of yen appreciation is unlikely to reverse.

According to Gate.io News bot, TheBlock reports that Ethena Labs and Ethena Foundation have officially announced a partnership with TON Foundation. According to the cooperation details, the synthetic stablecoins USDe and sUSDe will be introduced into the Telegram ecosystem. In the specific implementation plan, sUSDe will operate in the form of tsUSDe on the TON network, allowing Telegram users to directly access this asset. In addition, related products of Ethena have been confirmed to be integrated into the native Telegram wallet, supporting TON-compatible wallets such as Tonkeeper and TONHub.

Gate.io News bot message, according to CNBC, Tether CEO Paul Ardoino revealed that the company is preparing to launch a new stablecoin product in the U.S. market by the end of 2023 or early 2024. Ardoino pointed out that the launch progress of the new product will be in sync with the stablecoin legislation process in the U.S. Congress. In an interview, he mentioned that Tether is working closely with law enforcement to gain regulatory support, and he stated that the existing USDT is "one of the most successful export products in the U.S.". According to Ardoino, this new product will differ from the existing USDT to meet the regulatory requirements and demands of the local market in the United States. Source: CNBC

On May 1, Jin10 reported that on May 1 local time, the Chief of Staff of the Israel Defense Forces stated that the IDF is prepared to launch a decisive strike against Hamas and will soon intensify military operations in the Gaza Strip.

The crypto KOL 0xsun.sol purchased the Meme coin gork on the Solana blockchain for $18,800, and has partially sold it for a profit of 277.91 SOL. Currently, the sellable portion can fetch $135,300, with unrealized gains exceeding 1000 SOL. The current market capitalization of GORK is $43.3 million, and it has reached a trading volume of $183 million within 11 hours of being listed.

Jin10 data May 1st news, at 7 AM local time on May 1st, the UK local elections officially began, and voting will end in the evening of the same day. This local election in the UK involves 1,641 seats across 23 local councils and will also elect 6 mayors. The election results are expected to be announced on the 2nd. This local election is the first held after the 2024 UK general election and is seen by local media as a "public opinion test" for the ruling Labour Party.

Jin10 reports that Bank of Japan Governor Kazuo Ueda believes that the overall inflation rate has been rising slowly and is not lagging behind the yield curve. The slowdown in core inflation growth does not mean that interest rate hikes will be delayed. (Jin10 Data APP)

According to Gate.io News bot, as reported by CoinDesk, the crypto payment platform Mesh has announced a new feature development plan that will support users shopping with crypto assets through Apple Pay. Merchants will receive settlement in stablecoin for transactions, without the need to directly handle crypto assets. Mesh utilizes its self-developed SmartFunding technology to complete the real-time conversion of Crypto Assets to stablecoin during user checkout. This feature is scheduled to officially launch in the second quarter of this year. It is worth noting that Mesh previously secured $82 million in funding led by Paradigm.

Jin10 reported on May 1, local time, that the acting president of South Korea and Prime Minister Han Duck-soo delivered a speech to the nation, announcing his resignation.

BlockBeats news, on May 1st, Bank of Japan Governor Kazuo Ueda stated that if the economic and price trends meet expectations, the Bank of Japan is expected to continue raising interest rates. (Jin10)

According to the Gate.io News bot, Movement Labs has announced the suspension of the originally scheduled MoveDrop Airdrop plan. The reasons for this delay include abnormal market making, the need to adjust the governance structure, and encountering serious Sybil Attacks. The official has recovered a large number of abused tokens, which will be redistributed for community and ecological incentives after the Airdrop. The foundation is advancing governance reform to strengthen security protection. The DeFi Spring ecological incentive activities will continue. The project party has apologized to users for this delay and stated that it will announce the specific arrangements for MoveDrop as soon as possible.

Gate.io News

ChainCatcher news, the decentralized AI project Gate announced the completion of a $4 million seed round funding. This round was led by YZi Labs, IDG Blockchain, Maelstrom Fund, Manifold Trading, Gate Ventures, Formless Capital, Anti Capital, MH Ventures, V3V Ventures, and 071 Labs.

Gate.io News bot message, according to SoSoValue data statistics, on April 30th Eastern Time, Ethereum Spot ETF overall experienced a net outflow of 2.3599 million USD. Among all Ethereum Spot ETFs, Fidelity ETF FETH is the only product that achieved net inflow, with a net inflow amount of 5.7953 million USD on that day. The data shows that the historical cumulative net inflow of FETH has reached 1.458 billion USD. Source: Wu Says

The Bank of Japan maintained its interest rate unchanged and lowered its economic growth forecast due to uncertainties brought by U.S. tariffs. Inflation is expected to gradually reach the 2% target, with risks potentially only delaying the interest rate hike plan. The economic growth forecasts for 2025 and 2026 have been lowered, but inflation expectations remain around 2%. The Central Bank will flexibly guide monetary policy based on economic and price trends.

According to the Gate.io News bot, the BTC_USDT price has exceeded 95000 USDT, with the current price at 95005 USDT. The 24-hour increase is 0.41%.

On May 1, Jin10 reported that the Bank of Japan maintained its target Interest Rate at 0.50% for the second consecutive meeting, in line with market expectations.

BlockBeats news, on May 1, according to OnchainLens monitoring, a certain Whale redeemed 92,663.58 SOL after staking for 10 months, worth 13.51 million USD. The Whale initially staked 87,109.43 SOL (worth 14.02 million USD), earning a profit of 5,554 SOL, but still facing a loss of about 500,000 USD.

Gate.io News bot message, a large holder has unlocked 92,663.58 SOL Tokens worth 13.51 million dollars after staking for 10 months. The holder initially staked 87,109.43 SOL (worth $14.02 million) and earned a yield of 5,554 SOL from staking. Despite the staking rewards, the holder still faces a loss of about $500,000.

The Whale sold part of its holdings of ai16z at a loss of 1.92 million dollars after holding it for three months. Originally, 6.51 million ai16z was purchased for 18,000 SOL, and now 4 million ai16z is sold at a price of 0.26 dollars, leaving 2.51 million ai16z remaining.

Odaily News According to @lookonchain monitoring, a Whale Address purchased 6.51 million ai16z three months ago for 18,000 SOL (about 3.68 million USD), with an average price of about 0.57 USD. Today, the address sold 4 million ai16z at a price of 0.26 USD, cashing out about 1.05 million USD, with a loss of 1.92 million USD, and still holds 2.51 million ai16z (approximately 702,000 USD).

Gate news bot message, a large holder partially liquidated after holding AI16Z tokens for three months. According to on-chain data, the investor invested 18,000 SOL (approximately 3.68 million USD) three months ago to purchase 6.51 million AI16Z tokens at a unit price of 0.57 USD. In the latest transaction, the investor sold 4 million AI16Z tokens at a price of $0.26, with a total transaction amount of approximately $1.05 million, and currently still holds 2.51 million AI16Z tokens, worth approximately $702,000.