- HashKey plans to raise $100-200 million in funding at a valuation of over $1 billion.
- Bitcoin voucher provider Azteco has completed a $6 million seed round of financing, with Jack Dorsey leading the investment.
- Borderless Capital and over 20 blockchain teams and venture funds jointly launched the $50 million Wormhole cross-chain ecosystem fund.
- Web3 social graph protocol CyberConnect announced the completion of its public sale on CoinList, selling all 3 million CYBER tokens at a price of $1.8 each, raising a total of $5.4 million.
- Coinbase launches subscription service Coinbase One, with plans to open it up to 35 countries.
- Ripple announces the launch of the Ripple CBDC platform, allowing central banks, governments, and financial institutions to issue their own digital currencies.
- The 109th Ethereum Core Developers’ Consensus Meeting resolves to release the Deneb specification on May 23rd.
- MicroStrategy is researching Ordinals and evaluating its potential in application development.
- Sam Altman, CEO of OpenAI, acknowledges issues with selling World IDs registered with iris scans by his cryptocurrency company Worldcoin, but emphasizes that the problem is limited to “a few hundred instances.” Worldcoin states that it has implemented several new measures to curb this issue, including adjusting the face-to-face registration process.
- Jay Yao, advisor to ParaSpace, has resigned from his position and apologizes to the community.