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
Amber launches a $100 million Crypto Ecosystem Reserve powered by an AI-driven engine targeting BTC, ETH, BNB, SOL, SUI and XRP. The initiative’s partners include DFDV (Solana ecosystem) and BNB Foundation — PR Newswire
A Florida-based healthcare infrastructure firm will adopt XRP for payments and as a treasury reserve asset, supported by a $50 million credit facility — The Block
Solana memecoin Moo Deng soared 533% over the past week, pushing its market cap to $242 million, as the broader crypto market rallied with Bitcoin up 10% — Decrypt
BNB surges ~5% on strong volume, signaling institutional accumulation, and could target $750 as global economic tensions reshape crypto markets — CoinDesk
Stablecoin transfer volume on Base hit about $3.81 trillion in Q1, setting a new all-time high — Token Terminal
BlackRock has filed to allow in-kind redemptions for its Ethereum Trust, enabling direct ETH buybacks — Nasdaq
Paradigm-backed Exponential has launched YO, a DeFi platform designed to optimize yield on Base, Ethereum and Solana — The Block
DeFi Development (DFDV), a Nasdaq-listed real estate tech firm, surged 20% as its Solana holdings topped $100 million following recent acquisitions — CoinDesk
Animoca Brands unveiled plans to go public in New York — Financial Times
YZi Labs announced a 10-week in-person program for top Web3, AI, and healthcare founders — Twitter
TRUMP Memes to launch 'Trump Points' — an NFT marketplace where users trade NFTs using loyalty points or crypto — Website
Cointelegraph and The Block announce media partnership to strengthen global Web3 and virtual asset collaboration — Cointelegraph
Dubai’s Finance Department has signed an MOU with Crypto.com to accept crypto payments for government services, converting them to dirhams. The move aims to boost Dubai’s fintech economy by $2.1 billion annually — The Block
Binance will host its 16th TGE event for Privasea AI (PRAI) on May 14 at 10:00 AM UTC. Alpha Points requirements will be announced closer to the launch — Binance
U.S. CPI inflation declines to 2.3% in April following 2.4% forecast — Yahoo Finance
Native USDC and CCTP V2 are now available on Sonic following a Bridged USDC Standard upgrade — Circle