- Bittrex has filed for Chapter 11 bankruptcy protection, with estimated assets and liabilities between $500 million and $1 billion.
- Solana Labs has launched its mobile phone Saga to the public, and its users can apply for the Saga Genesis NFT.
- MakerDAO has officially launched its lending protocol, Spark Protocol, which is open to all DeFi users and features lending capabilities for DAI, ETH, stETH, and sDAI.
- Following a record-breaking 605,000 daily transactions on the Bitcoin chain on May 1st, yesterday’s on-chain daily transaction volume hit a new high of 663,000 transactions, more than double the daily average of 250,000 transactions in 2022.
- Revoke.cash has released a signature dashboard that allows users to view and cancel existing signatures.
- Starknet sorter Madara has released official documentation and supports developers in launching their own small customized Starknet application chains.
- Voyager now has $1.334 billion in assets, and users can choose to receive cryptocurrency or cash compensation.
- Canto will hold a proposal vote on May 11th to reduce liquidity mining incentives and block rewards.
- The CEO of the Hong Kong Monetary Authority has stated that virtual assets will be developed sustainably and that there will be no leniency in terms of regulation.
- Digital Asset is partnering with French bank BNP Paribas, Deloitte, CBOE, and Goldman Sachs to launch the privacy-interoperable network Canton Network.