Justin Sun: Li Lin Once Concealed Due Diligence Materials, I Lent the Company $30 Million to Fill the Gap

May 1st — The Financial Times reports that former President Donald Trump’s sons Donald Trump Jr. and Eric Trump have merged with a key Kazakh mining group through a shell company. That group received up to $1.6 billion in U.S. government support last year for tungsten mining projects at the Katpar and Upper Kairakty deposits in northern Kazakhstan, with financing from entities including the U.S. Export-Import Bank. The Trump sons are set to join the company’s advisory board by the end of 2024 and hold shares. The report characterizes this as another instance linking the Trump family’s business empire to U.S. government interests.

On May 1, Kairos Research data indicates the Arkham-identified address linked to a16z successfully unbonded 4,270 HYPE tokens and transferred 3,875 of them to an address starting with 0xeeb. Additionally, the same address is slated to unbond another 30,000 HYPE tokens around 4:00 AM Beijing time on May 5.

May 1 (Bloomberg) – Japan Exchange Group (JPX) CEO Yuki Yamamichi said the exchange will advance preparations to list a cryptocurrency ETF once cryptocurrency-related legal amendments and tax treatment are clarified. The earliest possible launch date is 2027, but the rollout could be delayed to 2028 depending on the progress of those legal changes.

Binance Wallet announced Thursday, May 1, that its Alpha airdrop will be distributed at 3:00 PM ET today. Users holding at least 237 Binance Alpha Points are eligible to claim the tokens on a first-come, first-served basis.

May 1st: Following OpenSea CMO Adam Hollander’s "low-key" purchase, Ouroboros co-founder Nafay and meme coin KOL pow also shared their uPEG holdings on X today. Likely driven by this development, uPEG has hit a new all-time high. GMGN data shows that as of press time, uPEG’s market cap stands at $15.59 million, with a 129% 24-hour price surge and trading volume topping $4.4 million. Per public details, Unipeg (token uPEG) centers on on-chain assets built atop Uniswap V4 Hooks. Every transaction instantly generates a unique 24x24 SVG pixel art unicorn—no artist required, nor any minting process—powered entirely by on-chain mechanics. BlockBeats warns users that prices of associated tokens are extremely volatile; users should exercise caution when investing.

**SBI Holdings Eyes Bitbank Acquisition to Add as Subsidiary** SBI Holdings announced on May 1, 2026, that it has launched discussions with cryptocurrency exchange operator Bitbank about capital and business cooperation. The firm plans to make Bitbank a subsidiary via a merger and will consider acquiring its shares after completing due diligence and internal procedures. Timing and terms of the acquisition remain undetermined. Earlier, in April 2026, the SBI Group wrapped up its acquisition of Bitpoint Japan through SBI VC Trade as part of its ongoing industry consolidation push. Bitbank previously disclosed plans to list on the Tokyo Stock Exchange in mid-2025; there is no clear link between the current capital deals and its IPO plans.