TechubNews

According to Bloomberg, Israeli stock and cryptocurrency trading platform eToro is considering launching an initial public offering (IPO) in the United States as early as next week, after the company suspended its listing plan due to market volatility caused by the Trump administration's tariff policy.

According to Techub News, The Block reports that the gaming operating system Playtron has announced its collaboration with the stablecoin infrastructure platforms M0 and Bridge to develop a programmable stablecoin specifically for games called Game Dollar, which is planned to be launched in the fourth quarter of 2025.

The stablecoin is expected to be used for the upcoming new handheld gaming console SuiPlay0 X1. The device is priced at 599 dollars and is expected to start shipping later this year.

According to Techub News, data from the Circle website shows that from April 25 to May 1, Eastern Time, Circle issued approximately 3.1 billion USDC and redeemed approximately 3.8 billion USDC, resulting in a decrease of about 700 million in circulating supply. As of May 1, the total circulating supply of USDC is approximately 61.4 billion, with reserves of about 61.5 billion USD.

According to Techub News and data from ichaingo, on May 2, the net subscriptions and net redemptions for Bitcoin and Ether spot ETFs in Hong Kong were 0.

Currently, the total amount of Bitcoin ETF assets held in Hong Kong is about 4,120 coins, with a total net asset value of approximately 398 million USD; the total amount of Ether ETF assets held in Hong Kong is about 20,120 coins, with a total net asset value of approximately 36.66 million USD.

According to Techub News and reported by The Block, the Federal Trade Commission (FTC) of the United States, along with the state of Nevada, filed a lawsuit on May 2 against a company named IML, accusing it of defrauding approximately $1.2 billion since 2018 through false advertising of Crypto Assets, forex, Options, and stock trading courses. The company operated under several names, including IYOVIA, IM Mastery Academy, iMarketsLive, and IM Academy.

Techub News reports that Bitcoin mining company Cipher Mining has released its unaudited production and operational update for April. The company mined a total of 174 Bitcoins during the month, but had to sell 350 coins due to business operational needs. As of April 30, its Bitcoin Holdings were 855 coins, with a hashrate of 13.5 EH/s.

Techub News, Uniswap Labs announced that with the support of Rollup-Boost, Unichain has become the first L2 to build blocks within a Trusted Execution Environment (TEE). This upgrade brings more transparency to block building, ensures prioritization, mitigates extractive MEV, and introduces support for restore protection. Rollup-Boost is built by Uniswap Labs and Flashbots.

According to Techub News and a report by CryptoSlate, Mathew McDermott, head of Goldman Sachs' digital asset division, stated at the TOKEN2049 conference in Dubai that the bank plans to launch a 24/7 trading service for tokenized U.S. Treasury bonds and money market fund shares.

Goldman Sachs is currently operating a cryptocurrency derivatives trading desk and plans to launch three tokenization projects in 2025, including a U.S. fund tokenization project and a euro-denominated digital bond. In addition, Goldman Sachs is considering spinning off its digital asset platform (GS DAP) into an ind

According to Techub News and reported by Decrypt, after Epic Games sued Apple in an antitrust case, Apple updated its iOS App Store review guidelines to allow developers to offer external payment methods within their apps and support users in purchasing NFTs through third-party markets. Apple informed iOS developers that "U.S. apps are [no longer] prohibited from including buttons, external links, or other calls to action when allowing users to browse NFTs owned by others."

It is worth noting that cryptocurrency applications still need to comply with strict regulations, including prohibiting

According to Techub News, The Block reported that Ivy League school Brown University disclosed in a stockholding report submitted to the SEC that it holds 105,000 shares of BlackRock Bitcoin Spot ETF IBIT, valued at nearly $5 million. Matt Sigel, head of digital asset research at VanEck, stated that Brown University is the third U.S. university to announce the purchase of a Bitcoin ETF, following Emory University and the University of Austin.

According to Techub News, Arizona Governor Katie Hobbs has vetoed the Crypto Assets reserve bill SB 1025, as reported by Bloomberg. The bill proposed allowing the state treasurer and public retirement systems to invest up to 10% of the funds they control in Virtual Money, after previously passing a vote in the state House.

Techub News reports, according to CoinDesk, that Google is upgrading its Wallet service with a focus on privacy. This upgrade uses zk-SNARKs technology for age verification, allowing users to confirm their age without sharing their birth date. Currently, this feature is now live in Google Wallet and can operate on mobile devices and applications using Google’s digital credential API, with social app Bumble being one of the first companies to utilize this data.

Techub News reports that the Web3 infrastructure project aZen has announced the completion of a $1.2 million seed round financing, led by Waterdrip Capital, with participation from DWF Ventures, Rootz Labs, Mindfulness Capital, Attention Ventures, Quantum Leap Lab, and others. Additionally, aZen's holding company has also secured a $40 million equity investment from UAE-based Royal Front LLC. The funds raised will be used to build a decentralized AI-native computing infrastructure, promoting long-term expansion and ecological development.

According to Techub News, Nasdaq-listed Thumzup Media Corporation has submitted an S-3 registration statement to the SEC, planning to issue up to $200 million in common stock, warrants, units, or rights. The company intends to use the proceeds for general corporate purposes, including the purchase of Bitcoin as a primary reserve asset and for daily operating capital arrangements.