Today, important developments stand out for many altcoin projects. Here’s what’s happening on a daily basis…
The critical day has come for these altcoin projects
- Tether cut its bank deposits from $5.3 billion to $481 million.
 - Lido V2 has officially entered the Ethereum mainnet.
 - Polygon co-founder Sandeep Nailwal launched the web3 scholarship program.
 - sui; He tweeted that the IDO on Cetus Launchpad had exceeded 200% in 3 minutes and had collected 1,863,554 SUIs so far.
 - Ethereum-based structured product firm Ribbon Finance’s decentralized exchange Aevo has started offering options tied to altcoins.
 - MultiversX (EGLS) is changing its Maiar Launchpad to xLaunchpad today.
 - DSLA Protocol will launch its beta today.
 - Secret (SCRT) will make an announcement for the network update.
 

- Telos (TLOS) will hold a question and answer event today at 22 CEST.
 - Secret (SCRT) will hold the question and answer event on Twitter Spaces at 21:00.
 - BitMart lists Hudi (HUDI) in USDT pair at 17 CET.
 - Travel Care (TRAVEL) will hold a question and answer event with FLOKI (FLOKI).
 - Celer Network (CELR) will hold a question and answer event with CANTO (CANTO).
 - Arweave Domain Name Service Arweave Name Service (ANS) announced the issuance of the ANS Token and airdropped it to users who mint ANS domain names on ans.gg.
 - BitKeep has released BRC-20 Ranking, real-time update of BRC-20 token price changes.
 - According to the announcement, Ledger Insights reports that LG and Hashed have withdrawn from the Klaytn blockchain management committee.
 - ChatGPT manufacturer and AIGC system publisher “YURI” reached a strategic cooperation with Hong Kong Digital Currency Trading Platform (HKD.com) and received HKD’s first strategic investment.
 - According to Lookonchain data, DWF Labs transferred 100,000 LADYS to OKX, worth only about 1 cent.
 

- Hector Network will put the HIP40 proposal to a vote.
 - The bankrupt crypto lender Celsius reportedly continues to stake Ethereum (ETH) after withdrawing some of its staked ETH portfolio in April.
 - Terra Classic’s new project DFLunc, which gained popularity with its massive LUNC burning mechanism, burned almost 2 billion LUNC tokens in two weeks.
 - Blackmail accusations against Steven Nerayoff, one of the first advisors of the Ethereum network, were dismissed by a judge in New York on May 5.
 - Optimism has announced that the launch date of the highly anticipated Bedrock update on its mainnet is June 6th.
 - Chainlink recently announced the integration of Chainlink Automation on Optimism.
 - Cardano has released the developer report for Lace 1.1.0 and Node v.8.0.0.
 - Tarmex, a popular crypto-asset exchange, announced today that it will list Bone ShibaSwap (BONE) and Baby Doge Coin (BABYDOGE).
 

- Floki; Listed on ABX, Coins.ph and Hotcoin.
 - Crypto companies like Coinbase and the Ripple blockchain are playing a poker game with the US Securities and Exchange Commission (SEC), according to CNBC reporters Arjun Kharpal and Ryan Browne.
 - Atlendis announced the launch of version V2 on the Polygon mainnet.
 - Due to the launch of Lido V2, 3 giant whales increased their LDO holdings last week.
 - EOS Network Foundation tweeted that it has released version v0.4.2 that fixes a serious vulnerability found in EOS EVM.
 - KAVA, the native token of Layer-1 Blockchain Kava, has surged nearly 40 percent over the past week as its network prepares to undergo a major mainnet upgrade.