01 May 202516:19
Project update

Crypto Events Recap, Apr 30 - May 1
- Binance Alpha 2.0 hit a record high on April 29 with $206 million in trading volume and 840,000 transactions; the top three assets by volume were KMNO, POPCAT, and FARTCOIN.
- Injective is bringing Meta stocks on‐chain, allowing users worldwide to trade META, NVDA, GOOGL, TSLA, and MSTR in one click via its iAsset tokenization framework.
- Microsoft has surpassed Apple as the world’s largest company by market capitalization, with Q1 earnings of $3.46 per share beating the $3.21 estimate.
- Covalent’s GoldRush introduces MCP, the first server to deliver on-chain data directly to AI models in real time, in a machine-readable format with verifiable accuracy.
- The UK government has released draft crypto regulations proposing new regulated activities, including operating trading exchanges and issuing stablecoins.
- Binance Wallet now supports Sonic Chain and will airdrop exclusive S tokens and other Sonic Chain ecosystem assets to active Binance Alpha traders.
- The Sky community is considering a final proposal to replace MKR with SKY as the sole governance token, enabling staking and USDS rewards.
- FIFA is transitioning its NFT collections and fan experiences from its current platform to a new EVM-compatible blockchain.
- Kraken now supports Unichain; users can transfer ETH, kBTC, and USDT0 between Kraken and Unichain starting today.
- According to Immunefi, DeFi hacks cost the industry an additional $92.5 million in April, a 27.3% year-over-year increase.
- Tether is nearing $120 billion in U.S. Treasuries and confirmed Q1 2025 operating profits exceeding $1 billion.
- Ethena has partnered with the TON Foundation to introduce USDe and sUSDe to the Telegram ecosystem.
- Ubisoft has announced the launch of a Decentralized Verification Network built on LayerZero’s protocol.
- The SEC has closed its investigation into PayPal’s PYUSD stablecoin without taking enforcement action.
- Circle, the issuer of USDC, reportedly declined Ripple’s $4 billion to $5 billion acquisition offer.
- Arthur Hayes predicted at Token2049 that Bitcoin’s price will reach $1 million by 2028.
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