Velodrome to Expand to Optimism Superchain Layer 2 Network Metal | Cryptocurrency Trends

1. Mainstream Exchange Trends:

• HashKey Global launches LaunchPool, introducing Polyhedra Network (ZK) as its first staking promotion.
• Binance to support Sei (SEI) and Kadena (KDA) network upgrades and hard forks.

2. Cryptocurrency Trends:

• Jupiter: UpRock to launch on May 31; airdrops will be distributed to Jupiter DAO voters.
• Floki launches Telegram-based trading bots, with half of the 1% trading fee to be used for FLOKI buybacks.
• JOJO Exchange surpasses $100 million in trading volume over the past 24 hours, ranking first on the Base chain by trading volume.
• The value of crypto assets held in Donald Trump's addresses has surpassed $10 million.
• Velodrome to expand to Metal, an Optimism Superchain Layer 2 network.
• Whales Market lists BorpaToken (BORPA) on its pre-market.
• Babylon to launch Testnet-4, a Bitcoin staking testnet, on May 28.
• Tornado Cash's attorneys file a series of final pretrial motions, alleging prosecutorial overreach.

3. Financing Trends:

• xAI, Elon Musk's AI startup, raises $6 billion in Series B funding with participation from a16z and others.

4. Regulatory Trends:

• Deputy Financial Secretary of Hong Kong: The Hong Kong government is driving the growth of virtual assets and working to enhance interconnection with the Mainland.
• South Korea's Ministry of Justice to crack down on market manipulation and fraud in the virtual asset market.
• Victory Securities is currently applying for a Hong Kong Virtual Asset Exchange license and is expected to debut its security token offering (STO) business by the end of the year.