Rhythm Morning News｜A list of important news from last night and this morning on May 28

Ethereum Layer 2 TVL exceeded 47.3 billion US dollars, setting a new record high, with a 7-day increase of 16.41%

On May 27, according to L2BEAT data, Ethereum Layer 2 TVL increased to 47.31 billion US dollars, a record high, with a 7-day increase of 16.41%. The top 5 Layer 2 networks are:

· Arbitrum One: TVL increased to US$19.23 billion, a 7-day increase of 17.86%

· OP Mainnet: TVL increased to US$7.82 billion, a 7-day increase of 8.51%

· Base: TVL increased to US$6.96 billion, a 7-day increase of 20.79%

· Blast: TVL increased to US$3.37 billion, a 7-day increase of 23.83%

· Mantle: TVL increased to US$1.28 billion, a 7-day increase of 13.45%

The total open interest of Ethereum contracts exceeded 170

On May 28, Coinglass data showed that the open interest of Ethereum contracts on the entire network rose to 4.3787 million ETH (about 17.084 billion US dollars), an increase of 3.56% in the past 24 hours.

Among them: Binance Ethereum contract open interest is 1.6172 million ETH (about 6.309 billion US dollars), ranking first; the increase in position in the past 24 hours reached 2.24%. Bybit Ethereum contract open interest is 865,400 ETH (about 3.375 billion US dollars), ranking second, and the increase in position in the past 24 hours reached 2.91%.

The ETF Store President: It is expected that the US SEC will approve the Ethereum spot ETF S-1 (Registration Statement) in the next few weeks

On May 28, Nate Geraci, president of The ETF Store, wrote, "No one knows exactly when the U.S. SEC will approve the S-1 (registration statement) for the spot Ethereum ETF, but I expect it to be approved in the next few weeks. 2 to 3 months at most. Now it's just a matter of how long the SEC wants to delay."

Today, 9 Bitcoin spot ETFs increased their holdings by 3,028 BTC

On May 27, according to Lookonchain monitoring, today 9 Bitcoin spot ETFs increased their holdings by 3,028 BTC (approximately US$211 million). Among them:

BlackRock IBIT increased its holdings by 2,642 BTC (about 89.7 million US dollars) and currently holds 287,168 BTC (about 20.08 billion US dollars).

Grayscale reduced its holdings by 216 BTC and currently holds 289,041 BTC (about 20.2 billion US dollars).

Ethena Labs Releases Fund Custody Transparency Report for May

On May 27, Ethena Labs officially released the custody certificate for May to enhance the transparency of its project. Data shows that as of 10 a.m. UTC on May 24:

USDe supply: $2.673 billion

Custody-backed assets: $2.677 billion

Reserve fund: $42.3 million

The total assets of the protocol account for 101.74% of the USDe supply

In addition, the security agency Immunefi also has an Ethena bug bounty program. If you find a critical vulnerability in the Ethena smart contract, you can get a 10% reward of the directly affected funds, up to $3 million.

Taiko is expected to launch tokens a few weeks after the mainnet is launched, and plans to launch a points incentive program

On May 27, The Block reported that Taiko's native token is expected to be launched a few weeks after the mainnet is launched. In addition, Taiko plans to launch a points incentive program called Trailblazers to attract community participation by rewarding the community for completing tasks and interacting with the network. Taiko also plans to launch a DAO later this year to gradually transfer control of the protocol to its community.

LayerZero: The deadline for submission of Protocol RFP applications is 7:59 on June 1

On May 28, LayerZero stated on the social platform that all projects that have OApp, OFT or ONFT contracts on the mainnet before Snapshot #1 can submit Protocol RFP. The deadline for submitting Protocol RFP to obtain TGE allocation is 7:59 UTC on June 1.

As previously reported, on May 11, LayerZero Labs released the "Protocol RFP" proposal in the community, marking the first step in finalizing the TGE allocation. An example of project allocation is: 50% is allocated to users of cross-chain OFT, 20% is allocated to LP, 15% is allocated to token holders, and 15% is allocated to community members. At the same time, the LayerZero Foundation will screen according to the final witch report, and the witch address will be automatically disqualified from the allocation.

Whales Market launches zkSync (ZK) on Pre-Market

On May 28, Whales Market launched zkSync (ZK) on its Pre-Market.

Solana community voted to "allocate 100% of priority fees to validators" related proposals

On May 28, according to the official governance page, the Solana community has voted to allocate 100% of the priority fees to validators, replacing the current 50% destruction and 50% reward structure. The vote ended at the end of epoch 620, with 51.17% of stake participating, and was eventually passed with a 77.77% approval rate.

NodeOps Completes $5 Million Seed Round, L1D Leads Investment

On May 28, blockchain node management platform NodeOps completed a $5 million seed round of financing, led by L1D, with participation from Blockchain Founders Fund, Finality Capital and others. It is reported that NodeOps has built a solution that simplifies the node deployment and management process, and achieves integration with multiple blockchain networks through innovative tools and support mechanisms.

The PEPE development team sold 21.49 billion PEPE 13 hours ago and currently holds 2.52 trillion PEPE

On May 28, according to Spot On Chain monitoring, 13 hours ago, the PEPE development team sold 21.49 billion PEPE (US$355,000) through Binance and DEX.

Since the PEPE price rose at the end of February, the PEPE development team has sold 282.8 billion PEPE at an average price of approximately US$0.000008067, equivalent to approximately US$2.28 million.

Current holdings: 2.52 trillion PEPE (US$42.7 million).

DWF Labs address deposited 5 million TOKEN into Gate after Floki released good news

On May 27, according to the monitoring of on-chain data analyst @ai_9684xtpa, the DWF Labs address deposited 5 million TOKENs into Gate after Floki released the good news of "launching Telegram trading robot". Currently, DWF still holds 14.67 million TOKENs with a total value of US$2.27 million.

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