Rhythm Evening News｜A list of important information on May 15

BounceBit Chain introduces dual-token PoS

According to official news, BounceBit Chain announced the introduction of a dual-token PoS mechanism. Users can now stake BB and BBTC and earn an annual interest rate of about 15%.

Bouncebit natively supports Liquid Staking. Users will receive stBB and stBBTC, and can also choose to use stBBTC to subscribe to Premium Yield to get more benefits.

NuLink announced that it will be listed on Bybit, KuCoin and Gate.io on May 16

According to official news, ZK provable data security solution NuLink announced that it will be listed on Bybit, Kucoin and Gate.io on May 16.

NuLink recently completed a $11.4 million financing led by BinanceLabs, DWFLabs, Poolz and ViaBTC. It will use the funds to advance technology, expand capabilities, education and training, and ensure the success of the upcoming listing. In addition to the listing, NuLink is also preparing for a series of strategic expansions and technological advances.

PeckShield: A GME Meme Token on Ethereum Rugpulled

According to PeckShield Alert, a GME Meme Token on Ethereum Rugpulled, and the price of the coin has fallen by 100% in a short period of time. The contract deployer transferred 93.2 WETH (worth about $270,000).

BlockBeats Note: Meme coins have no actual value and are extremely risky. Users should participate with caution

Wintermute OTC Trader: The probability of Ethereum spot ETF being approved by the end of May is only 16%

According to The Block, Ethereum options traders are bracing for month-end volatility as the U.S. Securities and Exchange Commission (SEC) is highly likely not to approve two spot Ethereum ETF applications.

Wintermute OTC trader Jake Ostrovskis said the market currently sees only a 16% chance that these ETFs will be approved by the end of May. Ethereum options implied volatility may rise at the end of the month, especially when the SEC is expected to make a decision on spot Ethereum ETFs.

BlockBeats Note: The SEC has a deadline of May 23 and May 24 to decide whether to approve the spot Ethereum ETF applications submitted by VanEck and ArkInvest/21 Shares, respectively.

10x Research: There is still a round of rally this year, but the timing of entry is crucial

10x Research officials posted on social media that according to the agency's analysis, there is still a round of rally this year. But to profit from it, investors must grasp the timing perfectly and act according to plan. The situation in the past few weeks has shown that the buy and hold (hodl) model no longer works in this market. Traders need to set realistic expectations and make a plan.

XLink Bridge attacker has transferred assets to a new address

BlockBeats reported that on May 15, according to Paidun monitoring, the XLink Bridge attacker address has transferred 14.4 BTCB (worth about $903,800) and 2,758,666.8 SKO (worth about $61,000) to the new address 0x321f…f58D.

BlockBeats reported earlier today that Bitcoin DEFI tool ALEXLab confirmed that it had lost $4.3 million in an attack. The ALEX team proposed a reward of 10% of the total stolen funds to require hackers to return 90% of the assets.

ARB airdropped by Biconomy to BICO stakers has been issued

According to official news, the ARB airdropped by Biconomy to BICO stakers has been issued.

BlockBeats previously reported that Biconomy, a multi-chain infrastructure developer, announced the airdrop of ARB to BICO stakers (this is Airdrop #1). The condition for obtaining the ARB airdrop is to stake at least 1,000 BICO (or 190 BBPT). The snapshot time is 0:00 on April 12.

Yesterday, the U.S. spot Bitcoin ETF had a net inflow of $100.5 million

According to Farside Investors data, yesterday's U.S. spot Bitcoin ETF had a net inflow of $100.5 million, including:

ARK Invest's ARKB had a net inflow of $133.1 million;

Grayscale's GBTC had a net outflow of $50.9 million.

BlockTower Capital's main hedge fund was hacked and some funds were drained

According to Bloomberg, citing people familiar with the matter, BlockTower Capital's main hedge fund has been hacked and some funds have been drained.

The funds are still missing and the hackers have not been arrested, but BlockTower Capital has hired blockchain forensics analysts to determine why the funds were stolen and recently notified its limited partners of the theft, one of the people said.

The firm manages $1.7 billion in assets, according to data provider PitchBook.

Recommended reading:

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4. Part of BlockTower's funds were stolen, will MakerDAO collapse?

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