14 May 202516:08
Project update
Crypto Events Recap, May 13-14

Crypto Events Recap, May 13-14

  • LaunchCoin (Pasternak) lit up the Solana charts this week, posting the highest gains across the network. Fueled by fresh liquidity-mining rewards and surging on-chain adoption, Pasternak’s slick DeFi features captured trader interest.
  • JPMorgan Chase, the $4 trillion asset manager, has settled its first public transaction of tokenized U.S. Treasuries using Chainlink and Ondo infrastructure.
  • eToro debuted on Nasdaq at $52 per ETOR share, raising about $310 million from 6 million shares and securing a $4.2 billion valuation.
  • Succinct has launched Stage 2 of its Prover Network Testnet, following Stage 1, which introduced ZK proofs through interactive games that taught users how to request proofs.
  • Sui is now fully integrated with Backpack Exchange, allowing users to trade, lend, earn yield, swap assets, bridge tokens across chains, and explore the ecosystem.
  • Synthetix contributors have proposed acquiring Derive (formerly Lyra) via an SNX-for-DRV token swap. The proposal values Derive at $27 million, with one SNX exchanged for 27 DRV.
  • Nvidia has announced a strategic partnership with Humain (Saudi Arabia AI VC) to build AI factories in Saudi Arabia, following Riyadh’s $600 billion strategic partnership deal with the United States.
  • The Ethereum Foundation has launched the Trillion Dollar Security initiative, an ecosystem-wide effort to enhance security across wallets, user interfaces, smart contracts, and other critical components.
  • Binance Alpha has announced listings for two new Sui blockchain tokens: Bluefin (BLUE) and Sudeng (HIPPO).
  • YZi Labs announced a 10-week in-person program for top Web3, AI, and healthcare founders.
  • Hong Kong crypto investor Animoca plans US listing as Trump lures more groups.
  • NEXPACE (NXPC) will open for trading on Binance Alpha and Futures Zones on May 15 at 06:00 UTC.
  • Native USDC and CCTP V2 are now available on Sonic following a Bridged USDC Standard upgrade.
  • Yuga Labs has transferred the CryptoPunks NFT series IP to the non-profit Infinite Node Foundation.
  • Gate.io Startup Prime is now Gate.io Launchpad, with its first project, Puffverse (PFVS), entering the commitment round.
  • TRUMP Memes to launch Trump Points, an NFT marketplace where users trade NFTs using loyalty points or crypto.

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