Froklog

eToro's IPO valued at $4.3 billion, pricing shares at $52, exceeding the initial range of $46-50. The platform raised $620 million and will debut on Nasdaq on May 14. The company previously announced a merger in 2021, rescheduled due to SEC delays.

Apple is introducing AI-powered battery management in iOS 19 to improve energy efficiency on iPhones. This new technology will analyze user device usage to optimize energy consumption. Apple aims to overcome battery limitations in devices with compact designs, such as the upcoming iPhone 17. iOS 19 will also feature an updated Health app with an AI doctor.

Charles Hoskinson announced a private stablecoin on the Cardano platform, aiming to offer a high level of privacy comparable to cash transactions. Regulatory resistance remains, as the EU plans to ban exchanges from dealing with private cryptocurrencies. Hoskinson suggested a solution through selectively disclosed data for transaction verification. The GENIUS Act concerning stablecoins failed in a crucial Senate vote.

The capitalization of Tether exceeded $150 billion
The total supply of USDT has exceeded $150 billion. According to Tether, stablecoins worth $73 billion have been issued on the TRON network — a figure that has surpassed Ethereum for the first time.
> From 0 to $150B.
> Born in 2014, Tether didn’t just launch USD₮ — it launched the entire

GD Culture Group invests $300 million in Bitcoin and meme token TRUMP. The company aims to support its digital asset management strategy, including purchasing Bitcoin and TRUMP meme tokens, to adapt to the expanding DeFi ecosystem.

Winners of the "TRUMP contest" will be vetted before dinner with Trump. Top 220 token holders will attend a private dinner at Trump's golf club in Washington on May 22. Additionally, they will receive a limited NFT Trump Diamond Hand on Solana if they maintain their rankings. The competition saw $148 million spent on TRUMP, with some wallets earning over $10 million and 764,000 investors at a loss. The token currently trades at $12.72 (-10% daily), with a 16.3% increase over the week. There are ongoing Senate investigations into Trump's crypto initiatives for potential conflicts of interest. Democratic senators introduced legislation to prohibit the president, vice president, members of Congress, and their families from releasing or endorsing cryptocurrencies.

Mayor of New York reiterates plans to make the city a global crypto capital, focusing on the positive impact on financial inclusion. Collaboration with tech companies emphasized for industry advancement. Mayor Adams encourages business involvement in crypto, blockchain, Web3, and fintech.

An expert commented on En+'s lawsuits against BitRiver for 1.2 billion rubles.
En+ structures are suing the Russian data center operator BitRiver, demanding over 1.21 billion rubles in the framework of two proceedings. This is reported by "Kommersant".
At the end of April, the Arbitration Court of the Irkutsk Region satisfied the claim of "Infras".

Curve Finance's DNS server was compromised, redirecting users to a malicious site. The platform remains secure. They advised against using curve[.]fi and introduced a new domain. Security measures were enhanced post-incident. This incident highlights the importance of cybersecurity in the crypto market.

Uzbekistan is set to launch a pilot version of the stablecoin HUMO, backed by government bonds, as part of the country's blockchain integration strategy. Local partners will handle technical implementation, aiming for mass adoption and compatibility with various smart contracts. This initiative aligns with Uzbekistan's crypto regulations and may pave the way for new digital services in the country.

Arizona Governor Katie Hobbs vetoed two cryptocurrency-related bills deeming them too risky. One bill proposed a reserve fund from seized digital assets. The other allowed government agencies to accept crypto for fines, which Hobbs found premature due to unstable market conditions. Earlier, she also blocked a bill allowing up to 10% of state pension funds to be invested in cryptocurrency. However, she supported stricter regulations for cryptocurrency ATMs to protect vulnerable groups. These changes aim to safeguard against financial fraud. The law will come into effect after final ratification.

Experts named the reasons for Bitcoin's transition to consolidation after the test of $105,000
The lack of activity from impulse traders has led to the consolidation of Bitcoin's price.
The MVRV Z-Score indicator is significantly below the peak levels in previous bull cycles.
There is a rapid expansion of the world

Experts named the reasons for Bitcoin's transition to consolidation after the test of $105,000.
The lack of activity from impulse traders has led to a consolidation of Bitcoin's price.
The MVRV Z-Score indicator is significantly below peak levels in previous bull cycles.
There is a rapid expansion of the world

US Democratic senators proposed a bill banning government officials from promoting cryptocurrencies, aiming to prevent conflicts of interest and corruption in the sector. The bill targets officials like President Trump and Elon Musk, introducing penalties for violators.