Market
Exchanges
Gemini launches derivative platform in 30 countries
Gemini said the new platform is unavailable to customers in the United States of America, the United Kingdom, or the European Union.
Exchanges
Coinbase launch international exchange for institutional traders outside US
Over the past month, Coinbase's shares shed more than 20% — dropping from as high as $72 in April to $50.1 as of May 1.
Earnings
MicroStrategy says it could sell Bitcoin to pay long-term debt obligations
MicroStrategy said it does not expect its enterprise analytics software business to generate enough cash for its debt obligations.
Bankruptcy
Lawyers, consultancy firms charge bankrupt FTX over $145M in 5 months
Law firm Sullivan and Cromwell (S&C) has charged roughly $70 million for five-months of its services to the bankrupt FTX exchange.
Memecoins
Pepe prints millionaires in March into top 100 assets
Blockchain analytical firm Arkham Intelligence reported that over 50 addresses hold more than $1 million worth of PEPE.
NFTs
Blur launches P2P NFT lending protocol
Blur's native token fell 5.47% on the 1-hour candle to trade at $0.64353 as of press time, according to CryptoSlate's data.
Mining
Bitfarms Bitcoin production declined 10% in April despite hashrate growth
Bitfarms stock rose more than 20% in April to meet Nasdaq listing requirements, according to Google Finance data.
Regulation
Nigeria SEC will support asset-backed tokens: Bloomberg
Aside Nigeria, several other countries like Germany and Singapore are also considering assets tokenizations.
Exchanges
Binance to take action against Justin Sun if he farms SUI token
Justin Sun said the TUSD deposits made to Binance were to increase the liquidity of pending orders and trading volume.
Macro
JPMorgan to takeover First Republic bank
FDIC said the failed bank's 84 offices in eight states would reopen as branches of JPMorgan during normal business hours today.
DeFi
Hackers stole $93M from crypto projects in April
In monetary value, the biggest exploit was the sandwich attack on maximal extractable value (MEV) bots that resulted in a $25 million loss.
Technology
Mastercard eyes more crypto expansion moves
Mastercard offers cryptocurrency debit cards for several entities, including Gemini, Nexo, Bitso, Lulu Exchange, Bybit, and Binance.