Arbitrum DAO has approved a 35 million ARB allocation to tokenized U.S. Treasuries from Franklin Templeton, Spiko, and WisdomTree — The Block

98.6% of tokens launched on Pump.fun were classified as rug pulls or pump-and-dump schemes, according to a Solidus Labs report exposing widespread fraud on the Solana blockchain — CoinDesk

Sei Network developers have proposed phasing out native Cosmos functionality to streamline the network’s architecture and focus on building a fully EVM-compatible ecosystem — GitHub

Fueled by Binance incentives and airdrops, Binance Alpha 2.0 hit a record $386 million in trading volume on May 7, with $308 million on the BNB Chain, bringing its cumulative volume to $3 billion — Dune

Gas fees on BNB Chain have been cut by 90%, now just 0.1 Gwei — Twitter

Celsius founder Alex Mashinsky gets 12 years for crypto fraud — Bloomberg

Camp Network released its testnet for IP-focused blockchain after $30M fundraising — The Block

Doodles (DOOD) has completed its initial listings on select exchanges and is currently trading at $0.00763, with a market cap of $59.4 million and a diluted valuation of $76.2 million — Bybit

Clearpool has expanded into the Solana ecosystem and is now available for trading on Raydium — Twitter

Zerebro co-founder Jeffy Yu was reportedly discovered alive at his parents’ home after what appeared to be a staged suicide livestreamed on pump fun — The Block

Telegram has launched the Gift Marketplace, integrating NFTs as unique collectibles on the TON blockchain — Telegram

Wormhole launched the NTT Launchpad, working with 9+ EVM chains and powered by the recently launched NTT Framework — Blog

Trump family-linked firms profited $320M on memecoin despite 87% decline since day one — CoinDesk

Tether to be brought under US jurisdiction, regardless of where it is based, according to newest version of stablecoin bill — Unchained

ICON (ICX) announced rebranding as SODAX (SODA), migrates DeFi infrastructure to Sonic — Cointelegraph

Binance Alpha and Bithumb announced the upcoming listing of NEXPACE (NXPC) for trading on May 15 — Twitter

Backpack Exchange has announced that it will officially launch the withdrawal process for former FTX EU users — Twitter

Strategy has acquired 13,390 BTC for ~$1.34 billion at $99,856 per Bitcoin, and now holds 568,840 BTC, purchased for a total of ~$39.41 billion at ~$69,287 per BTC — Twitter

Digital asset inflows hit $882 million last week, the fourth straight week, bringing the 2025 YTD total to $6.7 billion — CoinShares

Sonic Labs announces the completion of a $10 million strategic sale of its S tokens to Galaxy — Twitter

Global Dollar Network, founded by Paxos, Robinhood and other major industry players, has added 19 new members to accelerate adoption of its Solana-based USDG stablecoin — The Block