According to Foresight News, recent data from Dune indicates that the number of clubs on the friend.tech platform has surpassed 100,000, currently standing at 107,000. The total number of transactions has also exceeded 16.6 million FRIEND. This significant milestone reflects the growing popularity and user engagement on the platform.

Charles Schwab Hong Kong financial advisor Lin Changjie said that the United States may be in a rolling recovery process, and the performance of U.S. stocks is still resilient. It is expected that the Federal Reserve will have the opportunity to start cutting interest rates in the second half of this year, two to three times, and continue to be optimistic about the financial, energy and materials U.S. stock sectors that benefit from the high interest rate environment. He believes that traditional investment products such as stocks and bonds will not be replaced by virtual currencies at this time. Lin Changjie believes that the manufacturing PMI in March returned to the high level in September 2022. Although the service industry data has slowed down, it is still in the expansion range. These data show that the United States may be in a rolling recovery process. At the same time, the recent performance of U.S. stocks has been resilient and returned to a reasonable level. Some inflation data have eased, so it is expected that the United States will cut interest rates as early as the second half of the year. Regarding the choice of U.S. stocks, Lin Changjie pointed out that due to the maintenance of the high interest rate environment, it is expected that the income of the three major categories of financial, energy and materials stocks will have stable growth, and these stocks may be expected to rise this year. Earlier, the price of Bitcoin continued to set new highs, and even surpassed silver to become the world's eighth largest asset. Lin Changjie pointed out that Bitcoin is a new investment product and is believed to attract a group of investors, but its supervision is not yet complete, the overall transaction transparency is not high, and investor protection is less. At this moment, it is believed that Bitcoin will not replace the status of traditional investment products such as stocks and bonds. He continued that the price of virtual currencies fluctuates greatly and the risks are high. Investors should make investment allocations based on their own risk tolerance; therefore, it is not recommended that ordinary investors use such assets as long-term deployments, but only as speculative tools. He also said that although the first batch of virtual asset spot ETF products in Hong Kong have been listed, the company currently does not provide customers with specific investment advice and investment deployment, but if customers need it, they can provide them with relevant news and information. (Sing Tao Headline)

This report explores the rapidly evolving DePIN space and its strategic composability with other ecosystems, positioned to transform economic systems through data integrity and scalable solutions.

Greeks.live macro researcher Adam posted on the X platform that there were fewer important macro events and cryptocurrency-related events this week. Last week was a big news week, and cryptocurrencies did fluctuate sharply. Cryptocurrencies are still affected by various news. There are multiple macro-related news this week, but the impact is limited. If nothing unexpected happens, the Federal Reserve will maintain the current interest rate in the next few months. -This week's major events: Tuesday, May 7* RBA interest rate decision; speeches by several FOMC voting members; Wednesday, May 8* Fed Vice Chairman Jefferson spoke on the economy; Thursday, May 9** US 10-year Treasury auction; US initial jobless claims for the week; Bank of England interest rate decision; Friday, May 10* University of Michigan Consumer Confidence Index; Federal Reserve Board member Bowman spoke on financial stability risks. -Crypto market outlook: The entire cryptocurrency market took a V-shaped reversal last week, and April became the month with the deepest correction in the past year. Dvol has rebounded, and the current short- and medium-term IV is stable at 55%, which is consistent with our judgment last week. The recent major term option IV will gradually move towards a stable state of 55%-60%. In the short term, you can choose a term and price with a lower IV and continue to buy options. -In the crypto interest rate market, Bitfinex spot big players have begun to continuously buy the bottom, and the green leaf interest rate market can often encounter orders with an annualized interest rate of 20%.

According to BlockBeats, on May 6th, market information revealed a general increase in the value of small cap tokens in the AI sector. Among these, ENQAI reported a price of $0.03254, marking a significant 24-hour increase of over 56%. ALEPH followed closely, with a current price of $0.3993 and a 24-hour increase of 36.8%. LAI was also on the rise, with a current price of $0.04375 and a 24-hour increase of 31.4%. Lastly, COMAI reported a price of $1.33, with a 24-hour increase of 24.7%. This surge in the AI sector's small cap tokens indicates a positive trend in the market.

Jameson Lopp, co-founder of Bitcoin hosting company Casa, said that due to factors such as "block storms" and subject to "slightly different consensus rules from the main network", the Bitcoin test network occasionally generates more than 10,000 blocks in a day, while the Bitcoin main network generates an average of 144 blocks per day. This has resulted in the current block height of the test network being 2,811,000, which is equivalent to the height of the Bitcoin main network in 2061. As a result, the rewards for miners on the test network have been reduced to near zero, making the network almost unusable for developers. Jameson Lopp recommends that Bitcoin developers and users migrate their infrastructure to testnet4 in the coming months. (Cointelegraph)

According to Foresight News, the Seoul Local Cyber Crime Prosecution Office's Cyber Crime Investigation Department has successfully recovered a deleted cryptocurrency wallet. The wallet, which was involved in a fraud case, contained Ethereum valued at approximately 7.6 billion Korean Won, or around $5.6 million. The prosecutors allege that a programmer, identified only as 'An', defrauded 156 victims between January and February 2019. An had reportedly developed a token that was about to be listed on a trading platform, and he managed to swindle investment funds worth 14.6 billion Korean Won (approximately $12 million) from these victims. In June of the same year, An transferred 1,796 Ethereum to his personal crypto wallet. The gaming platform company he worked for had purchased this wallet for operating a cryptocurrency trading platform.

This article will introduce you to the recently launched projects such as Autonomous Finance, AOX, ArSwap and aoWebWallet, and give you a preliminary understanding of the new forces in the AO financial ecosystem.

코인텔레그래프에 따르면 비트코인 커스터디 기업 카사 공동 설립자 제임슨 롭은 비트코인 테스트넷 리부트(재부팅)가 필요하다고 지적했다. 테스트넷 고유 합의 메커니즘으로 인해 블록 스톰(block storms)이 계속 발생하기 때문. 비트코인 메인넷은 일평균 144개 블록을 생성하지만, 테스트넷에선 하루 1만개 이상 블록이 생성된다. 이러한 블록 스톰 때문에 테스트넷 채굴자 보상이 거의 0으로 줄어들어 개발자가 사실상 테스트넷을 사용할 수 없게 됐다는 지적이다. 또 일부 비양심 유저들이 메인넷 BTC를 가장해 테스트넷 BTC(TBTC)를 판매하고 있다고도 덧붙였다. 제임슨 롭은 테스트넷을 무료로 사용할 수 있어야 한다고 강조했다.

The decentralized lending protocol ZeroLend announced that it will open ZERO airdrop claims on Linea at 15:30 Beijing time on May 6, and open ZERO trading at 16:00. Users' accumulated Zero Gravity points and earlyZERO (1 earlyZERO = 1 ZERO) will be automatically converted to ZERO and displayed on the rewards page. ZeroLend will distribute 18% of the token supply to the community, of which 5% of the supply will be allocated to Zero Gravity participants and 13% will be allocated to earlyZERO holders. ZeroLend said that it will take a snapshot when the TGE is approaching. ZERO stakers will receive voting rights, staking rewards, and potential future airdrops from other protocols based on their voting rights. If users stake for more than 1 year, they can get a 5%-20% staking bonus.

Cryptocurrency, Bankless: Five reasons to continue to be bullish on cryptocurrencies Golden Finance, Market sentiment may be shifting, but don't ignore bullish signals.

NexGami is a Web3-based gaming platform on Polygon that promotes fairness and competitiveness. It aims to the gap between traditional gaming and Web3-based gaming. In a recent move, it has hinted at the good news of the IDO listing which was postponed due to the volatility of the market.  NexGami $NEXG token IDO and listing […] source: https://www.cryptopolitan.com/news-from-nexgami-expected-it-hints-launch/

According to the official announcement, Binance has launched a new round of WOTD fun word guessing game. All eligible users will share a pool of 500,000 Binance points, which can be used to redeem up to 10 USDT token vouchers and 50 USDT handling fee refund vouchers in the Reward Center. This week's theme is "Copy Trading". Read the selected articles to learn about this theme, participate in this week's WOTD and share rewards. Event period: May 6 08:00 to May 13 07:59 (Eastern Time 8); WOTD is an entertaining game. While participating in the game, users can learn cryptocurrency terms and understand the latest industry trends.

Since the rise of Rollups, blockchain expansion has focused on the modular vs. monolithic debate. Initially this binary opposition was a useful mental model for reasoning about blockchain scalability, but now both camps have moved beyond it.

The recent decision by the Department of Justice to prosecute wallet developers for unauthorized money transmission crimes came as a surprise, especially since these developers do not actually control the assets that users secure with their software.

EigenLayer finally announced the token model of its governance token EIGEN. EigenLayer seems to be very persistent in using new words to distinguish itself from other projects. This time, when publishing the token white paper, it used the new word InterSubjective.

Unconsciously, BTC (Bitcoin) quickly completed a V-shaped reversal: from the low opening of 56.8k on May 2, it rose for 3 consecutive days and returned to the 64k line, exceeding the opening price of 63k on April 30.

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance. Its content covers the week's key news, market and contract data, mining information, project dynamics, technological progress and other industry dynamics.

TBC.network is not a new thing, it is a function that Bitcoin already has. It is an Easter egg left by Satoshi Nakamoto as a member of the P2P community, and a backbone infrastructure of the P2P network.

This week, 24 projects successfully raised funds, with the largest amount being Optimism, which raised $90 million. 10 projects received pre-seed and seed round investments, and 14 projects received other rounds of financing. This week, the total amount of funds raised in the crypto industry reached $216.7 million.