Airdrop has geographic restrictions, but restaking via UI isn't, so users urged to deposit but discouraged from claiming tokens.

*If you hard block VPN use for Airdrop, hard block UI access also when they deposit.

*This goes for every project not just EigenLayer.

MicroStrategy Announces First Quarter 2024 Financial Results:

*25,250 bitcoins acquired since the end of Q4 for $1.65 billion, or $65,232 per bitcoin.

*214,400 bitcoin holdings at a total cost of $7.54 billion, or $35,180 per bitcoin, as of April 26, 2024.

*MicroStrategy acquired an additional 122 BTC for $7.8M in April.

CZ sentencing hearing started

Binance founder Changpeng Zhao — 'CZ' sentenced to 4 months in prison

CZ is the richest person ever to serve time in the US federal lockup since his ownership of Binance — and an estimated $43 billion personal fortune tied to it — remain intact: BBG

Tether sees record net profit of over $4.52 billion in first quarter of 2024: TheBlock | link

Binance Labs Invests in Movement Labs: link

*6 days ago, Movement Labs raised $38M in Series A led by Polychain: link

*Movement is the first Move-EVM L2 on Ethereum.

Investors in Gensler’s favourite crypto project 'Algorand' are the biggest losers — only 7% of them are in profit: link

FED LEAVES RATES UNCHANGED

FED says it has not seen further progress returning inflation to 2% target: reuters

*The Federal Reserve announced that starting in June, it will decelerate the pace of its quantitative tightening (QT) program by reducing the monthly redemption cap for Treasury securities from $60 billion to $25 billion, while maintaining the $35 billion cap for agency debt and mortgage-backed securities.

Powell: unlikely the next move will be a hike

Aave Labs introduce Aave v4: Aave to 2030 and Beyond

Major upgrades & expansions proposed under this proposal are:
*Aave V4
*Aave Network
*Cross-Chain Liquidity Layer *Non-EVM L1 deployments
*A fresh new visual identity

LayerZero Snapshot 1 Complete

⚠️ Spot Bitcoin ETF's net flow: -$560M

*$IBIT spot Bitcoin ETF Flow: -$36.9m.

[BlackRock ETF sees first negative flow]

*Record outflow for Fidelity $FBTC:191M

Coinbase BEAT EARNINGS:
*EPS $4.40, EST. $1.07
*REV. $1.64B, EST. $1.32B

Jack Dorsey’s Block to invest 10% of bitcoin Product profit into bitcoin.

*Under the DCA program, Block plan to purchase bitcoin on a monthly cadence utilizing TWAP orders, starting April 2024.

fyi: Federal prosecutors are examining financial transactions at Block. Block processed multiple cryptocurrency transactions for terrorist groups: link

Dutch police arrested a man in investigation into gambling platform 'ZKasino' and 11.4M+ euros in assets seized: link

Investors were led to believe that they would get their investments back within 30 days. That did not happen. This could indicate a modus operandi called rug pull.

Fetch ai minted an additional 1.4 Billion $FET tokens to support the ASI Token Exchange Mechanism: link

Conversion ratio:
*$AGIX:$ASI — 0.433350:1
*$OCEAN:$ASI — 0.433226:1
*$FET:$ASI —1:1

*US Nonfarm payrolls 175K, Est. 240K
*US Unemployment Rate 3.9%, Est. 3.8%

Michael Saylor: Ethereum, BNB, Solana, Ripple, Cardano, everything down the stack is just a crypto asset security unregistered, none of them will ever be wrapped by a spot ETF, none of them will be accepted by Wall Street, none of them will be accepted by mainstream institutional investors in this decade.