🚨TOP 10 WEEKLY CRYPTO UPDATE (MAY 5–11)

🚨TOP 10 WEB 3 WEEKLY UPDATES(MAY 3, 2025)

1. Movement Scandal
🔹$MOVE token dumped $38M worth post-listing; Binance banned it.
🔹Rushi Manche suspended; 66M MOVE under shady deal with Rentech.
🔹 Cøinbase to halt MOVE trading on May 15.

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2. #Worldcoin Expands in U.S.

🔹Official U.S. launch in 6 cities.
🔹Announced crypto-linked Visa card & Tinder ID pilot in Japan.

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3. Base Reaches Rollup Stage 1

🔹Launches permissionless fault proofs.
🔹Introduces 10-member decentralized security council.

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4. #Scroll Becomes First zk-Rollup to Hit Stage 1

🔹upgrades: exit windows, censorship resistance, system liveness.

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5. Aave Proposes $6M Buyback

🔹Plan to repurchase #AAVE with aEthUSDT & aEthUSDC.
🔹Also reallocates assets and boosts GHO operations.

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6. Sky to Replace MKR with SKY as Sole Governance Token

🔹MKR → SKY conversion (1:24,000) with rising fee schedule.
🔹Full migration vote from May 15–19.

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7. #Ethena Joins TON Ecosystem

🔹USDe and sUSDe (tsUSDe) integrated into Telegram wallets.

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8. PancakeSwap $CAKE Infinity (v4) Launch

🔹BNB Chain support, new AMM features, optimized gas fees.
🔹Plans to open-source v4 code.

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9. #Binance Alpha 2.0 Hits ATH

🔹$206M daily volume on Apr 29; 840k transactions.
🔹Top trades: KMNO, POPCAT, FARTCOIN.

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10. Binance HODLer Airdrop #17: StakeStone (STO)

🔹Trading pairs launched; 1.5% of supply for airdrop.
🔹Total supply: 1B $STO ; 225M circulating at launch.