Tether posts $4.9B profit in Q2 as stablecoins go mainstream

KuCoin Ventures Weekly Report: Crossover Capital Flows: Analyzing the Crypto-Stock Linkage Frenzy, Market Capital Signals, and Predicting the Next Market Frontier

Big things are coming with @superworldapp $SPWR⚡ Our Token Generation Event (TGE) is approaching fast — and you have the chance to get in before the rest. 🟦 The WhiteList is now open for our community to participate in our Reg D offering with @RepublicCrypto Why sign up? • 💸 Enjoy a 20% exclusive early bird discount • 🔓 Unlock priority access ahead of the public • 🎯 Be one of the first to step into SuperWorld’s next chapter ⏳ Limited spots available — claim yours now 👇 https://t.co/4cbbzlsowi #TokenLaunch #CryptoPresale #Web3Opportunity #SPWR #SuperWorld @DraperGorenHolm @186Ventures @CadenzaVentures @CapitalFactory @orbit @SOSV @AlteredVentures @GroundBreakVC @aisprouts @GaingelsVC Predictive Cadenza Machina Ventures Capital Factory Orbit Startups Moon Pursuit Capital SOSV Outlier Ventures Altered Ventures GroundBreak Ventures AiSprouts VC White Paper Capital AG Gaingels

Planet Early News

Weekly Crypto Update: May 5-11 📊Market Movements - Bitcoin is up 10.4% over the last 7 days, currently at $104,300 - Ethereum is sitting at $2,550 with a 39% increase from the previous week - Last week’s top 3 gainers were PI (+152%), WIF (+121%), and PEPE (+79%), while the top 3 losers were LEO (-8%), DEXE (-6%), and xAUt (-2%) - The crypto market’s Fear & Greed Index is at 73 Greed today - Crypto market capitalization is at $3.35 trillion, up 1.2% since yesterday - Bitcoin's market cap dominance is currently at 61.8%, Ethereum at 9.2%, and other cryptocurrencies at 29.1% - Stablecoins' market capitalization is down 0.01% in the last 7 days, currently at $242 billion, with USDT dominance at 61.99% - NFT sales volume increased by 186% over the previous 7 days, while total sales decreased by 9%, with 124,029 sales 🛡️Crypto Security - Ethereum’s network upgrade Pectra opened a dangerous attack vector that allows hackers to drain funds from wallets with just an off-chain signature - Hackers drained over $2 million from Mobius Token (MBU) smart contracts on BNB Chain network - 3 teenagers kidnapped a man at gunpoint, robbing $4 million worth of crypto and NFTs from him along with his passwords - A moderator’s account on Ledger’s Discord was compromised, and a bot was used to share scam links and steal seed phrases - Coinbase users are falling victim to social engineering scams through hackers posing as support staff, with $45 million stolen already - Inferno Drainer malware has been used to target Discord users and steal almost $10 million from wallets in 6 months 🌐Blockchain Tech & Gaming - Ethereum Foundation distributed over $32 million in grants in Q1 of 2025 to support its ecosystem, from educational grants and developer tools to zero-knowledge and execution layers - Adidas is partnering with Sui network-based game Xociety to release NFT mystery boxes May 16-23 on Tradeport - Pudgy Penguins’ game, Pengu Clash, was launched as early access on Telegram - Arbitrum Gaming Ventures to invest $10 million in web3 games and infrastructure 📃Regulatory Developments - Former UFC champion Conor McGregor proposes creating a national Bitcoin reserve for Ireland as part of his presidential campaign - Germany seized $38M in crypto from the Bybit hack from eXch that was used to launder the stolen funds; this marks 3rd biggest crypto seizure by Germany’s BKA 🗞️Miscellaneous - Bitcoin payments will be accepted at the Steak-n-Shake food chain starting May 16th - Japan’s Metaplanet added another $129 million worth of Bitcoin to its treasury, now holding more BTC than El Salvador - Institutional investors have been continuing to buy Bitcoin above $100k with sustained interest and inflows to ETFs - Saylor’s Strategy is accumulating Bitcoin faster than miner output, causing Bitcoin to have a -2.33% annual deflation rate, changing market dynamics - Elizabeth Warren demands that the Senate ban big tech corporations from issuing stablecoins, as Meta has been looking into re-entering the stablecoin market Have a successful week ahead! 🤝 - Swapin Team

A reminder to everyone that with ETH finally being recognized as worthy by the Vatican, there's plenty of space in Wildcat markets for those who were sidelined and need to catch up: * 4.9m USDC at 12.5% with @bodhi_ventures * 3.6m USDC/T at 12% fixed term with @cmsholdings * 18.6m USDC/T at 12% with @wintermute_t Plus space in markets for @Dialectic_Group, @Gasp_xyz, and the Wildcat Foundation itself! Believe in something—make the new pope proud.

🧠 Exciting news! Science Corp, co-founded by Neuralink's Max Hodak, just raised a whopping $104 million, led by Khosla Ventures! 🚀 Before this, they secured $186 million. After leaving Neuralink in 2021, Max launched this venture, which has already developed a retinal implant for eye diseases and is [working on brain implantation ](https://t.co/BSjNelTWGn)tech. Looks like Elon Musk isn’t the only player shaking things up in this space! 👀💡 #TechInnovation #Startups

🪂 Airdrop Weekly Report | Zora Announces Token Launch in Spring 2025; MegaETH Will Not Provide Airdrops for Testnet Interaction (March 3 - March 9)Odaily Planet Daily has summarized the airdrop projects available for claim from March 3, 2025, to March 9, 2025, and organized new interactive airdrop projects/tasks and important information during this period. For detailed information, see the main text.⬇️⬇️1️⃣ RedStone @redstonexyz Project and Airdrop Eligibility IntroductionRedStone is a DeFi data oracle project. The project opened the RED token airdrop claim and staking on March 6. The RedStone Miner airdrop plan aims to reward active members in the RedStone ecosystem and community in the long term, with 10% of the total RED tokens allocated for community and genesis plans, which includes airdrops for participants in the RedStone Expedition.Funding SituationRedStone has raised over $22.52 million, completing a $520,000 Pre-seed round on July 13, 2021, with investors including Arweave, 1kx, Maven 11, Collider Ventures, KR 1, TRGC, and Bering Waters; on August 30, 2022, it completed a $7 million seed round led by Lemniscap, with participation from Coinbase Ventures, Blockchain Capital, Arweave, SevenX Ventures, and others; on July 2, 2024, it completed a $15 million Series A round led by Arrington Capital, with investments from gumi Cryptos Capital, Kenetic Capital, HTX Ventures, Flowdesk, Spartan Group, Amber Group, SevenX Ventures, IOSG Ventures, and others.Claim Period and LinkClaim Period: March 6, 2025, to April 6, 2025Link: https://t.co/iHa0unavJOPriceAccording to CoinGecko, the current price of $RED is 0.58 USDT.2️⃣ Elixir @elixir Project and Airdrop Eligibility IntroductionElixir is a DeFi protocol that opened airdrop queries for the protocol token ELX on March 6 and announced the token economic model for ELX. Community allocation is 41%: 8% for the first quarter airdrop, 21% for future airdrops and LP incentives, and 12% for public network security rewards. All unlocked tokens are not eligible for staking. Previously, KiloEx announced that its TGE will take place on March 17.Funding SituationElixir has raised a total of $18.6 million, completing a $2.1 million seed round on January 17, 2023, with investors including Inception Capital, Chapter One, FalconX, Arthur Hayes, and Commonwealth Capital Ventures; on October 18, 2023, it completed a $7.5 million Series A round led by Hack VC, with participation from NGC Ventures, Bloccelerate, Bodl Ventures, WAGMi Ventures, and Angellist Ventures; on March 12, 2024, it completed an $8 million Series B round led by Sui / Mysten Labs and Maelstrom Capital, with investments from Amber Group, GSR, Flowdesk, Manifold Trading, and Arthur Hayes.Claim Period and LinksClaim Period: March 6, 2025 to PresentLink: https://t.co/viCuEFY88FPriceAccording to CoinGecko data, the current price of $ELX is 0.51 USDT.3️⃣ Mint Blockchain @Mint_Blockchain Project and Airdrop Eligibility IntroductionMint is an L2 focused on NFTs, which previously announced that it will open airdrop claims on March 7, 2025, at 14:00 Beijing time. The airdrop will adopt a phased unlocking mechanism, unlocking over 3 months. Specific unlocking times are: March 7, 2025: unlock 50%; April 15, 2025: unlock 25%; May 31, 2025: unlock 25%.Funding SituationMint completed a $5 million seed round of financing on May 31, 2024, with participation from Mask Network, SNZ Holding, GoPlus Security, Jsquare, PANONY, Antalpha Ventures, NFTScan, WhiteList Ventures, Mike, Victor Zhang, BlockAI Ventures, and Predator Capital.Claim Period and LinksClaim Period: March 7, 2025 to August 1, 2025Link: https://t.co/xbZni13E2uPriceAccording to CoinGecko data, the current price of $MINT is 0.042 USDT.4️⃣ SoSoValue @SoSoValueCrypto Project and Airdrop Eligibility IntroductionSoSoValue is a one-stop financial research platform for cryptocurrency investors. The project announced on March 6 that it would open claims for token staking epoch 1 airdrop, with 30,000,000 SOSO allocated for a 30-day Staking Epoch 1, and more than 300,000 eligible addresses.Funding SituationSoSoValue has raised a total of $19.15 million, completing a $4.15 million seed round financing on June 23, 2024, with participation from Sequoia China, GSR, Alumni Ventures, CoinSummer Labs, and OnePiece Labs; on January 8, 2025, it completed a $15 million financing, led by Sequoia China, Mirana Ventures, SafePal, and SmallSpark.Claim Period and LinksClaim Period: March 6, 2025 to May 26, 2025Link: https://t.co/KSrrdnZUV1PriceAccording to CoinGecko data, the current price of $SOSO is 0.59 USDT.5️⃣ Dolomite @Dolomite_io Project and Airdrop Eligibility IntroductionDolomite is a lending protocol on chains such as Berachain and Arbitrum; the project opened airdrop query on March 5.Funding SituationDolomite has raised a total of $3.4 million, completing a $2.5 million financing on May 15, 2023, led by NGC Ventures and Draper Goren Holm, with participation from Coinbase Ventures, 6th Man Ventures, WWVentures, Token Metrics Ventures, etc.; on March 19, 2024, it completed a $900,000 strategic financing, with investors including Optic Capital, Sandeep Nailwal, DCF GOD, Pentoshi, Marc Boiron, DeFi Dad, Jack Melnick, Alicia Katz, Altcoin Sherpa, CLBera, Richard Seiler, @Ishanb 22, hansolar, @OrderandflowInvestment participation.Query period and linkQuery period: March 5, 2025 to presentLink: https://t.co/QILJt7BHX9PriceNot launched🪂 New airdrop interactive projects/tasksEndless: Mainnet launched, participate in interactions to share an equivalent of 1 million USD $EDSEndless is a distributed smart component protocol, announced on March 4, 2025, the completion of 110 million USD financing, with major investors including Foresight Ventures and other institutions and well-known investors.Endless Web3 Genesis Cloud (referred to as Endless) announced the official launch of its mainnet on March 6. Users can currently participate in the Endless x Luffa Carnival event, completing tasks to share an equivalent of 1 million EDS. Users can download Luffa and check the specific "airdrop activities" through the "Luffa Official" or "Endless Official" channels.Airdrop important informationZora @zora will launch its token $ZORA in Spring 2025, with a total supply of 10 billion piecesZora announced on March 4 that its native token ZORA will launch in Spring 2025, planned to be launched on the Base network, with a total supply of 10 billion pieces. The first snapshot was taken on March 3, 2025, and the second snapshot will take place three days before ZORA launches. In the ZORA token distribution, 20% is allocated for community rewards; 20% for treasury; 10% for airdrops; 18.9% for team; 5% for community liquidity; and 26.1% for strategic contributors.MegaETH @megaeth_labs: No airdrop rewards for testnet interactionsMegaETH stated on March 6 that it will not provide airdrop rewards for interactions on the public testnet, as the purpose of the testnet is to conduct practical testing, allowing developers to explore technology and users to experience applications. (Providing airdrops for the testnet) does not align with our style. Previously, MegaETH announced it would deploy the testnet on March 6.Movement @movementlabsxyz may launch the public mainnet on March 10, airdrop token collection still needs to waitMovement released a video on March 7, seemingly previewing the official launch of the public mainnet on March 10. A user inquired on Discord whether this means users can collect airdrop tokens on that day, to which Movement team member Craesol replied "Later," indicating that they still need to wait. Earlier in late January, Movement launched its developer mainnet, and earlier this month, Movement co-founder Rushi Manche stated that the public mainnet has been launched internally and will go live immediately after completing bridging security procedures.Sign @sign: Four types of SBT holders are eligible for airdrops, will cancel the gradually decreasing airdrop mechanismSign official disclosed the airdrop principles of SIGN on March 4, providing greater transparency to the community without revealing the snapshot algorithm. Sign also mentioned four types of SBT qualifying for airdrops: Support Warrior, Orange in the Veins, Outstanding Content Creation, and Serious Builder.Rhea Finance @rhea_finance announced the launch of token RHEA, 10% airdrop to usersNear ecosystem's chain-abstract liquidity solution Rhea Finance announced on March 6 the launch of token RHEA, with 10% of the total supply of $RHEA to be airdropped to actively participating users, and will introduce its staking version token xRHEA and reward token oRHEA. In addition, existing users who hold BRRR and REF tokens will be able to convert their tokens into RHEA.jpg">

SoSo Daily Feb 24 | Bybit hackers have cross-chain swapped 37.90 thousand ETH.

🚨Missed the last 24h in crypto? Here’s the scoop!🚨📢#CryptoNews:1️⃣ Nasdaq files a 19B-4 application for a Canary Litecoin ETF.2️⃣ Swiss state-owned PostFinance bank launches Ethereum staking service.3️⃣ Tether mulls expanding into the U.S., pending clearer regulations.4️⃣ Bloomberg analyst: A Solana ETF could face delays until 2026 for U.S. approval.5️⃣ Tapestry, a Solana-based social graph protocol, raises $5.75M in Series A from Union Square Ventures & Fabric Ventures.🔥 #MarketHotspots:1️⃣ FARTCOIN surpasses ai16z in market cap, +18.6% in 24H.2️⃣ BTC breaks 102,000 USDT, +2.07% in 24H.3️⃣ US Bitcoin Spot ETF sees $622.26M inflow yesterday, with Ethereum Spot ETF inflows at $166.57M.How do you see these developments shaping the market? Share your thoughts!#Crypto #Bitcoin #Ethereum #Litecoin #Solana #Tether #ETF #DeFi #Blockchain #MarketUpdates

SoSo Daily Jan 17 | Trump Plans to Make Cryptocurrency a National Priority

SoSo Daily Jan 17 | Coinbase Restores Bitcoin Loans for U.S. Users Through Morpho

SoSo Daily Jan 10 | Renzo has launched the re-staking token bzSOL.

BlastUP Partners with @MHTrading, a division of @MH_Ventures! 🚀We’re thrilled to announce our new partnership! Together, we’re set to explore amazing opportunities and support each other’s growth in the Web3 space.Stay tuned for more updates! 🔥🔗 https://t.co/kV035KCbfJ https://t.co/GyxRFucJVC186caa2.jpg">

📢 ICYMI: @gate_ventures, the venture capital arm of @gate_io and The Blockchain Center in Abu Dhabi (@adbc_ae) to launch Falcon Gate Ventures, a $100 million fund to propel global web3 innovationMore details👇https://t.co/PGCYr5xz6j#Gateio #Crypto #Cryptoabudhabi #Web3 https://t.co/iuVaPov3yE186f2e.jpg">

SoSo Daily Jun 6

SoSo Daily Jun 5

Army ⚔️@KIPprotocol Checker Nodes WL sale has successfully ended, exceeding expectations with double the initial allocation sold out.Once more, the Spartan community has showcased it strength by purchasing 300 nodes, valued at over $186,000 🔥KIP Protocol is the Web3 Base Layer for AI, incubated and strongly backed by @AnimocaVentures. It enables owners of AI models, apps, and data to rapidly deploy in Web3 and to transact & monetize with full property rights.Node distribution will be done in the upcoming weeks.To ensure you don't miss out, leave a follow 👀

The total amount of financing in the crypto market in April reached 1.02 billion US dollars, exceeding 1 billion for two consecutive months

SoSo Daily Mar 20