Hundreds of Ethereum Long-Term HODL Addresses Hacked, Reasons Unknown

May 1st, U.S. federal prosecutor Jeanine Pirro in Washington, D.C. released edited surveillance video of the Trump assassination attempt on X. The video shows perpetrator Cole Allen shooting a Secret Service officer during the attempted assassination at the White House Correspondents' Dinner. Pirro explicitly denied the Secret Service officer was injured by friendly fire. It also shows Allen scouting the Washington Hilton’s fitness center and corridors the day prior, conducting on-site reconnaissance. Controversy has arisen over public criticism of U.S. Secret Service security measures following the shooting—including that police dogs detected anomalies multiple times without proper follow-up, and on-site personnel responded with delays. U.S. Secret Service Director Sean Corwin previously stated Allen was not subdued by Secret Service gunfire; instead, he tripped over a metal detector box while running past an exterior venue checkpoint. Corwin also confirmed none of the five s

Per Arkham Monitor, a suspected multicoin address recently engaged in swing trading HYPE. The address accumulated HYPE via Galaxy Digital during the asset’s hype phase, selling roughly $23 million worth of HYPE three weeks ago—around the peak of the hype cycle. It still holds 680,000 HYPE, equivalent to $27.4 million.

On May 1, per Farside Investors monitoring data, U.S. Bitcoin spot ETFs saw a net inflow of $23.5 million yesterday. IBIT recorded a net inflow of $19.1 million, while FBTC had a net inflow of $26.6 million. Ethereum ETFs posted a net outflow of $23.7 million, with ETHA registering a net outflow of $50.6 million.

On May 1, Democratic Sens. Elizabeth Warren and Ron Wyden are pressing for accountability over Tether’s alleged bribery of U.S. Commerce Secretary Howard Lutnick. Reports state Tether provided an undisclosed loan amount to a trust fund benefiting Lutnick’s children, and Cantor Fitzgerald—where Lutnick previously worked—was also a custodian of Tether’s reserves. Warren and Wyden further noted the recently passed “Genius Act” benefited Tether, adding Tether had lobbied in support of the bill—suggesting potential cronyism.

On May 1st, crypto analyst Darkfost noted that the 30-day moving average (MA) of the Short-Term Holder (STH) SOPR has turned positive for the first time in six months—suggesting short-term holders (STHs) are now, on average, at breakeven or a slight profit. Historical data indicates this typically acts as a resistance level in bear markets, as holders often panic-sell due to low confidence.

Per a Federal Reserve survey released May 1st, 66.3% of U.S. employees earning over $200,000 annually have used AI tools for work in the past year. That’s followed by 51.6% of those making $100k–$200k and 40.2% of those earning $50k–$100k. In contrast, just 15.9% of Americans earning less than $50k annually used AI tools for work over the same period. College graduates are more than twice as likely to use AI tools for work as those without a college degree—58.7% vs. 22.9%. Full-time workers are nearly twice as likely to use AI as part-time employees: 42.7% vs. 24.7%. Among AI users, 68% said the tools made their work easier, while 56.7% reported they boosted productivity.