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ZkSync will postpone the V24 mainnet upgrade, Sepolia testnet is expected to resume in a few hoursAccording to Foresight News, zkSync Developers tweeted that it will postpone the v24 mainnet upgrade to later next week to give the team more time to evaluate the stability of the testnet. In addition, the Sepolia testnet is expected to be restored within a few hours. According to zkSync Developers, there were two issues (since resolved) that impacted the testnet: First, due to instability issues with the eth_sender service (responsible for submitting transactions to the L1 zkSync smart contract), no L1 commit blocks were submitted for about 1 day. This was caused by different gas markets for Blob pricing on Sepolia. Second, the team found that no proofs were submitted for more than two days, causing withdrawal delays. This was caused by a logical divergence between the in-circuit VM (ZK circuits used to generate proofs) and the out-of-circuit VM (the VM on the server side, which is executed immediately when a transaction is submitted).

ZkSync will postpone the V24 mainnet upgrade, Sepolia testnet is expected to resume in a few hours

According to Foresight News, zkSync Developers tweeted that it will postpone the v24 mainnet upgrade to later next week to give the team more time to evaluate the stability of the testnet. In addition, the Sepolia testnet is expected to be restored within a few hours.

According to zkSync Developers, there were two issues (since resolved) that impacted the testnet: First, due to instability issues with the eth_sender service (responsible for submitting transactions to the L1 zkSync smart contract), no L1 commit blocks were submitted for about 1 day. This was caused by different gas markets for Blob pricing on Sepolia. Second, the team found that no proofs were submitted for more than two days, causing withdrawal delays. This was caused by a logical divergence between the in-circuit VM (ZK circuits used to generate proofs) and the out-of-circuit VM (the VM on the server side, which is executed immediately when a transaction is submitted).
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OpBNB testnet nodes must be upgraded to the latest version before the hard fork on May 15According to Foresight News, BNB Chain tweeted that the opBNB testnet nodes need to be upgraded to the latest version before the hard fork on May 15. This upgrade will reduce the gas fee of the opBNB testnet by 10 times. In addition, this upgrade also includes the transition of DA data from calldata to blob format, as well as changes to multiple op-node configurations.

OpBNB testnet nodes must be upgraded to the latest version before the hard fork on May 15

According to Foresight News, BNB Chain tweeted that the opBNB testnet nodes need to be upgraded to the latest version before the hard fork on May 15. This upgrade will reduce the gas fee of the opBNB testnet by 10 times. In addition, this upgrade also includes the transition of DA data from calldata to blob format, as well as changes to multiple op-node configurations.
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BounceBit will launch the mainnet tomorrow and release a specific timelineAccording to Foresight News, the Bitcoin re-staking infrastructure BounceBit has a release timeline. The Binance Megadrop will end at 8:00 on May 13; a new portal page will be launched at 10:30, where users can check the airdrop amount and open the yield income, and support staking and unstaking; BB token airdrop distribution will be carried out at 16:30; Binance will open trading at 18:00, and the Bounce Club mainnet will be launched and the IST Club lottery will be opened.

BounceBit will launch the mainnet tomorrow and release a specific timeline

According to Foresight News, the Bitcoin re-staking infrastructure BounceBit has a release timeline. The Binance Megadrop will end at 8:00 on May 13; a new portal page will be launched at 10:30, where users can check the airdrop amount and open the yield income, and support staking and unstaking; BB token airdrop distribution will be carried out at 16:30; Binance will open trading at 18:00, and the Bounce Club mainnet will be launched and the IST Club lottery will be opened.
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Data: Ethena reserves increased to $38.7 millionAccording to Foresight News, according to data from Ethena's official website, as of May 12, the stablecoin protocol Ethena's reserves reached 38.7 million US dollars. In the past month, the reserves increased by 6 million US dollars.

Data: Ethena reserves increased to $38.7 million

According to Foresight News, according to data from Ethena's official website, as of May 12, the stablecoin protocol Ethena's reserves reached 38.7 million US dollars. In the past month, the reserves increased by 6 million US dollars.
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A dormant Bitcoin address for 10.7 years was activated and 500 BTC were transferred out, worth about $30.51 millionAccording to Foresight News, according to Whale Alert monitoring, a Bitcoin address that had been dormant for 10.7 years was activated and 500 BTC were transferred out, worth about 30.51 million US dollars.

A dormant Bitcoin address for 10.7 years was activated and 500 BTC were transferred out, worth about $30.51 million

According to Foresight News, according to Whale Alert monitoring, a Bitcoin address that had been dormant for 10.7 years was activated and 500 BTC were transferred out, worth about 30.51 million US dollars.
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Push Protocol has reached a cooperation with QuickSwap and will provide infrastructure for the latterAccording to Foresight News, Web3 communication protocol Push Protocol has reached a cooperation with Polygon ecosystem DEX QuickSwap. Push Protocol will provide infrastructure for QuickSwap and provide convenience to users by reminding users of transaction events and token price changes as well as V3 liquidity alerts.

Push Protocol has reached a cooperation with QuickSwap and will provide infrastructure for the latter

According to Foresight News, Web3 communication protocol Push Protocol has reached a cooperation with Polygon ecosystem DEX QuickSwap. Push Protocol will provide infrastructure for QuickSwap and provide convenience to users by reminding users of transaction events and token price changes as well as V3 liquidity alerts.
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1,000 BTC transferred from TronDAO to an unknown new walletAccording to Foresight News, Whale Alert monitored that 1,000 BTC (about 60.94 million US dollars) were transferred from TronDAO to an unknown new wallet.

1,000 BTC transferred from TronDAO to an unknown new wallet

According to Foresight News, Whale Alert monitored that 1,000 BTC (about 60.94 million US dollars) were transferred from TronDAO to an unknown new wallet.
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Mark Cuban: The US SEC's cryptocurrency policy may cause Biden to lose the electionAccording to Foresight News, according to Bitcoin.com, Mark Cuban, former owner of the NBA Mavericks, recently said that the cryptocurrency policy of the U.S. Securities and Exchange Commission (SEC) may cause Biden to lose the election. "U.S. SEC Chairman Gary Gensler did not protect any investor from fraud. All he did was make it almost impossible for legitimate crypto companies to operate." Foresight News previously reported that Mark Cuban sold a majority stake in the Dallas Mavericks to Miriam Adelson and the Adelson family, a gaming tycoon, in November last year for a value of approximately $3.5 billion, retaining a portion of the team's shares and control of the team's basketball operations.

Mark Cuban: The US SEC's cryptocurrency policy may cause Biden to lose the election

According to Foresight News, according to Bitcoin.com, Mark Cuban, former owner of the NBA Mavericks, recently said that the cryptocurrency policy of the U.S. Securities and Exchange Commission (SEC) may cause Biden to lose the election. "U.S. SEC Chairman Gary Gensler did not protect any investor from fraud. All he did was make it almost impossible for legitimate crypto companies to operate."

Foresight News previously reported that Mark Cuban sold a majority stake in the Dallas Mavericks to Miriam Adelson and the Adelson family, a gaming tycoon, in November last year for a value of approximately $3.5 billion, retaining a portion of the team's shares and control of the team's basketball operations.
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Data: USDC circulation decreased by 100 million in the past 7 daysAccording to official data from Foresight News, in the seven days ending May 9, Circle issued 2 billion USDC, redeemed 2 billion USDC, and reduced the circulation by 100 million. The total circulation of USDC is 33 billion US dollars, and the reserve is 33.1 billion US dollars, including 3.3 billion US dollars in cash and 29.8 billion US dollars in the Circle Reserve Fund.

Data: USDC circulation decreased by 100 million in the past 7 days

According to official data from Foresight News, in the seven days ending May 9, Circle issued 2 billion USDC, redeemed 2 billion USDC, and reduced the circulation by 100 million. The total circulation of USDC is 33 billion US dollars, and the reserve is 33.1 billion US dollars, including 3.3 billion US dollars in cash and 29.8 billion US dollars in the Circle Reserve Fund.
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Data: In the past 24 hours, the entire network has liquidated 44.96 million US dollars, and short positions have liquidated 23.31 million US dollarsAccording to Foresight News, according to Coinglass data, the entire network has been liquidated for $44.96 million in the past 24 hours, of which long orders have been liquidated for $21.65 million and short orders have been liquidated for $23.31 million. Bitcoin liquidated about $9.33 million and Ethereum liquidated about $7.45 million.

Data: In the past 24 hours, the entire network has liquidated 44.96 million US dollars, and short positions have liquidated 23.31 million US dollars

According to Foresight News, according to Coinglass data, the entire network has been liquidated for $44.96 million in the past 24 hours, of which long orders have been liquidated for $21.65 million and short orders have been liquidated for $23.31 million. Bitcoin liquidated about $9.33 million and Ethereum liquidated about $7.45 million.
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Harvest Global and China Asset Management are promoting the collateralization of ETF products in Hong KongAccording to Foresight News, the South China Morning Post reported that at the Bitcoin Asia conference held in Hong Kong, managers of Harvest Global and China Asset Management both stated that they are promoting the pledge of ETF products in Hong Kong to allow investors to use ETF shares as loan collateral. Foresight News previously reported that Han Tongli, CEO of Harvest Global ETF, recently said that the company is considering allowing mainland investors to directly invest in its Bitcoin and Ethereum ETF products through the Shanghai-Hong Kong Stock Connect program in the future, provided that "everything goes well" in the next two years.

Harvest Global and China Asset Management are promoting the collateralization of ETF products in Hong Kong

According to Foresight News, the South China Morning Post reported that at the Bitcoin Asia conference held in Hong Kong, managers of Harvest Global and China Asset Management both stated that they are promoting the pledge of ETF products in Hong Kong to allow investors to use ETF shares as loan collateral.

Foresight News previously reported that Han Tongli, CEO of Harvest Global ETF, recently said that the company is considering allowing mainland investors to directly invest in its Bitcoin and Ethereum ETF products through the Shanghai-Hong Kong Stock Connect program in the future, provided that "everything goes well" in the next two years.
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The number of EIGEN token claiming addresses has exceeded 110,000, and more than 47.77 million tokens have been claimedAccording to Foresight News, according to Dune data, since the EIGEN airdrop claim portal was opened, more than 47.77 million EIGEN tokens have been claimed, and the number of token claim addresses has exceeded 110,000, currently reported at 115,266.

The number of EIGEN token claiming addresses has exceeded 110,000, and more than 47.77 million tokens have been claimed

According to Foresight News, according to Dune data, since the EIGEN airdrop claim portal was opened, more than 47.77 million EIGEN tokens have been claimed, and the number of token claim addresses has exceeded 110,000, currently reported at 115,266.
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TRUMP reached a high of 6.58 USDT during the day, with a 24-hour increase of 14.14%According to Foresight News, according to CMC market data, TRUMP hit a high of 6.58 USDT during the day and is currently quoted at 6.04 USDT, with a 24-hour increase of 14.14%.

TRUMP reached a high of 6.58 USDT during the day, with a 24-hour increase of 14.14%

According to Foresight News, according to CMC market data, TRUMP hit a high of 6.58 USDT during the day and is currently quoted at 6.04 USDT, with a 24-hour increase of 14.14%.
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Fintech firm Lesaka Technologies to acquire payments provider Adumo for approximately $86 millionAccording to Foresight News, Bitcoin.com reported that South African fintech company Lesaka Technologies will acquire payment solutions provider Adumo for approximately $86 million. Under the terms of the agreement, Lesaka Technologies will pay Adumo $12.5 million in cash and issue 17,279,803 common shares to Adumo's major shareholders. The two parties hope to complete the transaction in the third quarter of 2024 and are still awaiting shareholder approval. Once the acquisition is approved, Adumo CEO Paul Kent will join the management team of Lesaka Technologies. Adumo’s major shareholders include private equity funds Apis Growth Fund I and African Rainbow Capital (ARC).

Fintech firm Lesaka Technologies to acquire payments provider Adumo for approximately $86 million

According to Foresight News, Bitcoin.com reported that South African fintech company Lesaka Technologies will acquire payment solutions provider Adumo for approximately $86 million. Under the terms of the agreement, Lesaka Technologies will pay Adumo $12.5 million in cash and issue 17,279,803 common shares to Adumo's major shareholders. The two parties hope to complete the transaction in the third quarter of 2024 and are still awaiting shareholder approval. Once the acquisition is approved, Adumo CEO Paul Kent will join the management team of Lesaka Technologies.

Adumo’s major shareholders include private equity funds Apis Growth Fund I and African Rainbow Capital (ARC).
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Trump: Supports cryptocurrency, Biden administration hinders cryptocurrency developmentAccording to Foresight News, according to CoinDesk, Trump recently said at an NFT party that both CBDC and government blockchain have their "places." "If you go back a few years, people said that cryptocurrency would not succeed, but now it has hit an all-time high. This is a form of currency, and I think I support it, and more and more people support it." In addition, he also criticized the Biden administration's attitude towards cryptocurrency: "Biden doesn't even know what cryptocurrency is. If you want to control what we have, then you have to accept a lot of things that not everyone likes."

Trump: Supports cryptocurrency, Biden administration hinders cryptocurrency development

According to Foresight News, according to CoinDesk, Trump recently said at an NFT party that both CBDC and government blockchain have their "places." "If you go back a few years, people said that cryptocurrency would not succeed, but now it has hit an all-time high. This is a form of currency, and I think I support it, and more and more people support it." In addition, he also criticized the Biden administration's attitude towards cryptocurrency: "Biden doesn't even know what cryptocurrency is. If you want to control what we have, then you have to accept a lot of things that not everyone likes."
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Io.net announced the token contract address, which is not yet on the chainAccording to Foresight News, Solana ecosystem DePIN protocol io.net announced that its IO token contract address is BZLbGTNCSFfoth2GYDtwr7e4imWzpR5jqcUuGEwr646K, which has not yet been put on the chain. Foresight News previously reported that hushky, a member of the io.net team, announced the details of the token airdrop in Telegram. The total amount of airdrop is 25 million IO, of which 7.5 million are allocated to Ignition Season 1 Workers, 7.5 million are allocated to Ignition Season 2 Workers, 7.5 million are allocated to Galxe, the community, Discord, KOL, and content creators, and about 2.5 million are used to exchange with Aethir airdrops.

Io.net announced the token contract address, which is not yet on the chain

According to Foresight News, Solana ecosystem DePIN protocol io.net announced that its IO token contract address is BZLbGTNCSFfoth2GYDtwr7e4imWzpR5jqcUuGEwr646K, which has not yet been put on the chain.

Foresight News previously reported that hushky, a member of the io.net team, announced the details of the token airdrop in Telegram. The total amount of airdrop is 25 million IO, of which 7.5 million are allocated to Ignition Season 1 Workers, 7.5 million are allocated to Ignition Season 2 Workers, 7.5 million are allocated to Galxe, the community, Discord, KOL, and content creators, and about 2.5 million are used to exchange with Aethir airdrops.
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Masa has opened the initial token airdropAccording to Foresight News, the decentralized "AI data chain" Masa tweeted that it has opened the initial MASA token airdrop application. Eligible users can connect to the application portal to redeem and view the locked tokens and future reward distribution in the dashboard. If the user does not submit the token lock-up period before May 11, they can claim the tokens every Monday and Friday after submitting. Foresight News previously reported that Masa has launched an airdrop token claim portal, and the first airdrop will be issued on May 11. Eligible users can redeem 20% of their total airdrop allocation on May 11, and the remaining 80% of the tokens can be locked for 3 months, 6 months, 9 months or 12 months. A total of 59 million MASA tokens were allocated for this MASA token airdrop, of which 20% (11.8 million MASA tokens) met the issuance conditions on May 11. After the first issuance, users can claim every Monday and Friday. Participants will have 3 months to claim their airdrop tokens, after which unclaimed tokens will be returned to the Masa Foundation treasury.

Masa has opened the initial token airdrop

According to Foresight News, the decentralized "AI data chain" Masa tweeted that it has opened the initial MASA token airdrop application. Eligible users can connect to the application portal to redeem and view the locked tokens and future reward distribution in the dashboard. If the user does not submit the token lock-up period before May 11, they can claim the tokens every Monday and Friday after submitting.

Foresight News previously reported that Masa has launched an airdrop token claim portal, and the first airdrop will be issued on May 11. Eligible users can redeem 20% of their total airdrop allocation on May 11, and the remaining 80% of the tokens can be locked for 3 months, 6 months, 9 months or 12 months. A total of 59 million MASA tokens were allocated for this MASA token airdrop, of which 20% (11.8 million MASA tokens) met the issuance conditions on May 11. After the first issuance, users can claim every Monday and Friday. Participants will have 3 months to claim their airdrop tokens, after which unclaimed tokens will be returned to the Masa Foundation treasury.
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Ola: ICO snapshot completedAccording to Foresight News, the second-layer modular ZKVM project Ola tweeted that the first token issuance snapshot has been completed. At the same time, Massive S1 has officially ended and Massive S2 is in progress.

Ola: ICO snapshot completed

According to Foresight News, the second-layer modular ZKVM project Ola tweeted that the first token issuance snapshot has been completed. At the same time, Massive S1 has officially ended and Massive S2 is in progress.
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Justin Sun transferred 24.23 million USDT to HTX half an hour agoAccording to Foresight News, according to monitoring by Twitter user Yujin, Justin Sun transferred 24.23 million USDT to HTX through 2 addresses in the past half hour. Foresight News previously reported that Justin Sun received a total of 3.62 million EIGEN from 4 addresses 45 minutes ago, worth approximately US$28.23 million.

Justin Sun transferred 24.23 million USDT to HTX half an hour ago

According to Foresight News, according to monitoring by Twitter user Yujin, Justin Sun transferred 24.23 million USDT to HTX through 2 addresses in the past half hour.

Foresight News previously reported that Justin Sun received a total of 3.62 million EIGEN from 4 addresses 45 minutes ago, worth approximately US$28.23 million.
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A whale sold all ETH, OP and ARB in the past hour, losing about $8.43 millionAccording to Foresight News, according to Lookonchain monitoring, in the past hour, a whale sold all ETH, OP, and ARB, with a loss of about $8.43 million. Among them, the whale sold 6714 ETH (about $19.5 million) at $2903, with a loss of $6.45 million; sold 428,047 OP (about $1.06 million) at $2.48, with a loss of $902,000; sold 901,685 ARB (about $882,000) at $0.98, with a loss of $1.08 million. The addresses of this giant whale are 0x12199683be663f927fcd0e7ca9b90360613fe206 and 0xac2184e6954593f9c350180300d182f7580ed561.

A whale sold all ETH, OP and ARB in the past hour, losing about $8.43 million

According to Foresight News, according to Lookonchain monitoring, in the past hour, a whale sold all ETH, OP, and ARB, with a loss of about $8.43 million. Among them, the whale sold 6714 ETH (about $19.5 million) at $2903, with a loss of $6.45 million; sold 428,047 OP (about $1.06 million) at $2.48, with a loss of $902,000; sold 901,685 ARB (about $882,000) at $0.98, with a loss of $1.08 million.

The addresses of this giant whale are 0x12199683be663f927fcd0e7ca9b90360613fe206 and 0xac2184e6954593f9c350180300d182f7580ed561.
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