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Stablecoin Startup Zar Raises $7 Million in Funding, with a16z, Dragonfly, and VanEck Ventures as Lead Investors

4 hours ago

On April 30th, the stablecoin startup Zar has successfully completed a funding round of $7 million. a16z, Dragonfly Capital, and VanEck Ventures took the lead in the investment, with Coinbase Ventures and Solana Labs also participating. Zar intends to concentrate on digital payments and cross-border transactions in markets such as Pakistan, Bangladesh, Indonesia, Nigeria, Lebanon, and Argentina. The company plans to achieve compliance and stability by establishing partnerships with local financial institutions and promote the widespread use of stablecoins.
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Worldcoin (WLD) Experiences Short-Term Surge, Breaking Through $1.12

On May 1st, according to HTX market data, due to the news of being listed on Coinbase, Worldcoin (WLD) saw a short-term surge. It broke through $1.12 and is currently trading at $1.093, with the 24-hour decline narrowed to 0.54%.

4 minutes ago

Ethena: The Third Season ENA Airdrop Opens for Claiming on May 1

On May 1st, Ethena Labs declared that they are going to carry out the third season of ENA airdrop distribution. This will commence on May 1, 2025, at 16:00 (UTC). 3.5% of the total ENA supply will be set aside as rewards for the third quarter. There will be no period for eligibility verification, and the distribution will happen promptly on May 1st.

4 minutes ago

Coinbase to Add Worldcoin (WLD) to Its Coin Listing Roadmap

On May 1st, according to official channels, Coinbase is going to include Worldcoin (WLD) in its list of upcoming listings.

4 minutes ago

Bybit has launched the token distribution product Megadrop, redefining the airdrop and financial management experience, with the inaugural project OBOL.

On May 1st, Bybit officially launched a brand new token distribution platform today - Bybit Megadrop. The aim is to disrupt the traditional airdrop method and offer users an easier, risk-free, and more rewarding experience in participating in projects. Through Megadrop, users can use assets like MNT, USDT, USDC, or bbSOL to subscribe to Bybit's structured financial products. Then, they can receive project token airdrops based on the subscription amount. Participants can also increase their airdrop quota by completing educational tasks and earn additional new coin rewards while obtaining the annualized financial product yield (APR). Bybit's new Megadrop platform's first launched project is OBOL, with the following details: Airdrop Token Supply: 6,500,000 OBOL Supported Currencies: MNT, USDT (for structured financial products) Start Time: April 30, 2025, 12:00 (UTC) End Time: May 5, 2025, 23:59:59 (UTC) Spot Trading Launch Time: The OBOL/USDT trading pair will be available on Bybit's sp

4 minutes ago

A newly created wallet withdrew 420 BTC from Binance, worth $39.2 million.

On May 1st, as per the monitoring of LookOnChain, a newly established wallet withdrew 420 BTC from Binance just 1 hour ago. The amount withdrawn is worth $39.2 million.

4 minutes ago

Trump Trade Advisor: Media Manufacturing Tariff Fear, Fear Will Disappear Upon Agreement

On April 30th, in a recent interview, Trump's trade advisor Navarro launched a fierce attack on the media. He argued that as President Trump was implementing his trade agenda, the news media was using "scare tactics" to sow more fear among the public. Navarro stated, "Generally, it takes a long time to reach agreements - about 18 months. But we will do this on 'Trump Time', which is the perfect time. The American public has a short memory, and all the pain and all the scare tactics that the media is subjecting them to at present will disappear with the first deal." Navarro predicted that the United States might first reach a trade agreement with the UK, India, or South Korea. Once these issues were resolved, the public would see the effectiveness of Trump's trade strategy. "Once we start reaching a series of agreements, people will begin to understand that Trump's strategy is exactly right, and the world needs to stop taking advantage of us." (FXStreet)

4 minutes ago