BlockBeatNews

BlockBeats news, on May 1st, according to WhaleAlert monitoring, 2 minutes ago, the USDC Treasury minted 250 million USDC on the Solana blockchain.

BlockBeats news, on May 1, U.S. Treasury Secretary Basant: (Regarding the Ukraine mineral agreement) We are ready to sign; the Ukrainian side made some changes at the last minute. (Jin10)

BlockBeats news, on May 1, U.S. President Trump stated during a cabinet meeting that the stock market is just a barometer, and I do not believe the stock market is omnipotent. The stock market shows how bad the situation has been since we took over the Biden administration. There should be no judgment on the merits or demerits of the stock market situation. (Jin10)

BlockBeats News, on May 1, U.S. President Trump stated that the "big beautiful bill" currently in the works might be "bigger than tariffs." Trump praised U.S. Senate Majority Leader McConnell for his work on legislation and added that Democrats are "trying to block it at every turn." He warned that "if they succeed, it would mean a 58% tax increase." Trump reiterated that the proposed spending bill would mean "the largest tax cut in American history." (Jin10)

BlockBeats news, on May 1, U.S. President Trump: A "beautiful big deal" is coming, possibly bigger than tariffs. Regarding the trade agreement, Trump stated: I think we are doing very well. (Jin10)

According to BlockBeats news, on May 1, Ethena Labs announced the third quarter ENA Airdrop allocation, starting on May 1, 2025, at 16:00 (UTC). 3.5% of the total ENA supply will be allocated as rewards for the third quarter. There will be no eligibility verification period, and the allocation will take place immediately on May 1.

BlockBeats News, on April 30, according to CME "The Federal Reserve (FED) Watch" data, there are 7 days and 2 hours left until the next FOMC meeting, with a 5.1% probability of a 25 basis point rate cut in May and a 94.9% probability of keeping the interest rate unchanged. The probability of the Federal Reserve maintaining the interest rate unchanged until June is 29.9%, the probability of a cumulative 25 basis point rate cut is 66.6%, and the probability of a cumulative 50 basis point rate cut is 3.5%.

Movement Labs has noted that the intermediary Rentech has signed an improper market-making protocol, resulting in its control over 66 million MOVE Tokens. They have commissioned the encryption asset intelligence agency Groom Lake to conduct a review, and will share the results and implement governance reforms once completed.

BlockBeats news, on April 30, according to statistics from Lookonchain, BlackRock's Bitcoin Spot ETF IBIT increased its holdings by 25,430 BTC in the past 7 days, valued at $2.37 billion, with a total open interest of 601,209 BTC, valued at $56.11 billion.

The social engineering tactics have led to the confirmation of a theft of 330 million USD in Bitcoin from American seniors, with the stolen funds converted into Privacy Coin XMR, which has surged. The attackers gained access to the victims' Wallets, transferring 3520 BTC and laundering the money through 6 trading platforms. The price of XMR has skyrocketed by 50%, and the incident has been confirmed.

According to BlockBeats news, on April 30, U.S. stock indices continued to decline, with the S&P 500 index falling by 2%, the Nasdaq down by 2.69%, and the Dow Jones down by 1.59%. (Jin10)

Lista DAO's lending product Lista Lending has added a BTC Vault, allowing users to provide BTCB or other assets to borrow BTCB, and operate in three lending markets: WBNB/BTCB, solvBTC/BTCB, and USD1/BTCB. Additionally, new markets for PT-clisBNB-30OCT2025/WBNB and USD1/WBNB have been added, where users can deposit PT-clisBNB-30OCT2025 as collateral to borrow WBNB, or deposit USD1 to borrow WBNB at an interest rate as low as 0.38%.

BlockBeats news, on April 30, affected by the negative growth of the U.S. GDP in the first quarter, which reached a new low since the second quarter of 2022, the decline in U.S. stock index futures continued to expand. Nasdaq futures fell by 2%, Dow futures fell by 0.85%, and the S&P 500 index fell by 1.45%. (Jin10)

BlockBeats news, on April 30, the initial value of the annualized quarterly rate of the actual GDP in the United States for the first quarter is -0.3%, expected 0.3%, previous value 2.40%. The negative growth of the GDP in the first quarter of the United States marks a new low since the second quarter of 2022. (Jin10)

300 industry participants in the crypto space signed a petition for the DeFi education fund, calling on the Trump administration to terminate illegal prosecutions against open source software developers, and demanding that the White House's crypto assets chief defend software developers. This includes the Winklevoss brothers.

BlockBeats news, on April 30, the U.S. Treasury yield continued to decline after the ADP data was released; the latest yield on the 10-year Treasury fell by 2.5 basis points to 4.149%. The two-year U.S. Treasury yield finally fell by 1.4 basis points to 3.644%. (Jin10)