Robinhood Considers Solana & Arbitrum for Blockchain Platform

️ On today's Top Picks:

Crypto News

• ⭐️ Robinhood $HOOD to launch blockchain platform offering users in EU to trade US securities; Solana $SOL & Arbitrum $ARB under consideration for partnership.

• US State of New Hampshire passes strategic Bitcoin $BTC reserve bill; state can now buy BTC directly or through an ETP.

• US State of Florida postpones strategic Bitcoin $BTC reserve bills; US State of Arizona Governor Katie Hobbs recently vetoed a Bitcoin $BTC reserve bill.

• ⭐️ Ethereum $ETH launches Pectra upgrade; activates smart account wallet UX features, doubles L2 blob data capacity, and introduces validator UX improvements.

• Bitwise files to launch spot $NEAR ETF; US SEC currently reviewing multiple crypto ETF applications.

• Movement $MOVE Labs terminates Rushi Manche; details on leadership changes and revamped governance structure coming soon.

• Uniswap $UNI DAO contributor Pepo resigns; cites other stakeholders have too much power over the protocol; some delegates feel that significant decisions are made privately.

Alpha

• EthStaker launches Ethereum $ETH Pectra POAP; mint closes on May 10th.

• Berachain launches Boyco $BERA rewards claim; pre-pre deposit vault rewards and all deposits must be claimed directly from their respective vault.

• ⭐️ Resolv unveils $RESOLV tokenomics & roadmap; 10% of token supply allocated for Airdrop Season 1; to launch airdrop registration soon.

• Magic Newton Foundation unveils $NEWT; launch details coming soon.

• ICYMI Weekly Airdrop Recap by Earndrop.

Airdrops

• ⭐️ Space and Time launches $SXT airdrop eligibility & allocation checker; testnet users, Community NFT holders, & more are eligible; claim on May 8th.

• Solana Name Service launches $SNS airdrop eligibility & allocation checker; .sol domain holders and several Solana-based communities are eligible; claim on May 13th.

• World Liberty $WLFI launches Snapshot proposal for a $USD1 airdrop; WLFI holders eligible if proposal passes.

• Doodles launches $DOOD airdrop eligibility & allocation checker; Doodle collectible holders and several Solana-based communities are eligible.

Finance News

• ⭐️ US Federal Reserve leaves interest rates unchanged; remains at 4.25% - 4.50%.

• China agrees to engage with United States on trade; China Vice Premier He Lifeng to hold talks US Treasury Secretary Scott Bessent on May 9th-12th.

• Metaplanet $3350.T buys an additional 555 Bitcoin $BTC for ~$53.4M at ~$96,134 per BTC; now holds 5555 BTC worth ~$538M.

• Defi Dev Corp $DFDV buys an additional 82,404 Solana $SOL for ~$11.2M at ~$135 per SOL; now holds 400,091 SOL worth ~$59M.

• Sol Strategies $HODL buys an additional 122,524 Solana $SOL for ~$18.25M at ~$149 per SOL; now holds 395,078 SOL worth ~$58M.

• eToro launches US IPO; to raise up to $500M at $4B valuation; offering 10M Class A common shares priced between $46 and $50 per share.

Security and Exploits

• ZachXBT reports another $45M+ was stolen from Coinbase users via social engineering scams; points out no other exchange has the same problem.

• RevokeCash launches Batch Revoking feature; revoke multiple approvals in one transaction.

Token Unlocks

• Solayer $LAYER / ~$35M / MAY 11th
Sourced from Tokenomist

Funding

• Sentora raises $25M in Series A funding led by New Form Capital.

• Fuze raises $12.2M in Series A funding led by Galaxy.

• DogeOS raises $6.9M in funding led by Polychain Capital.

• Litheum raises $750K in Strategic funding led by Alphemy Capital & Amber Group.

• BVNK raises an undisclosed amount in Strategic funding from Visa $V.

• AppLayer raises an undisclosed amount in funding from Arcanum Ventures.

The Degen Farmer