Rhythm Morning News｜A list of important news from last night and this morning on May 31

Sei Foundation: Airdrop check has been updated and users will see accurate results

On May 31, the Sei Foundation officially announced that the airdrop check has been updated and users will see accurate results. The airdrop criteria remain the same, but the number of eligible wallets has increased. The data has been updated in the original blog post.
For an address to be eligible to receive Sei tokens, it must be connected and the terms must be agreed to.

Modular execution layer Fuel announced the launch of the final testnet

On May 31, the modular execution layer Fuel announced the launch of the final testnet on the Sepolia network.

Previously, the modular execution layer Fuel announced that it would launch the mainnet in the third quarter of 2024.

DeFi strategy protocol Blueberry Protocol has launched an airdrop query page

On May 31, according to official news, the DeFi strategy protocol Blueberry Protocol has launched an airdrop query page. Early users will be eligible for protocol airdrops.

The U.S. SEC requires spot Ethereum ETF issuers to submit the first round of S-1 draft forms by Friday

On May 31, two people familiar with the matter revealed that the SEC required issuers to submit a draft S-1 document by Friday. After that, the SEC will provide a first round of comments and eventually make further modifications.

VanEck filed an amended version of its S-1 the day its ETF was approved. BlackRock followed suit on May 30, detailing that its ETF would be seeded with $10 million.

The details of the seed investment are fairly straightforward for issuers, meaning other aspects of the form may take longer to work out. They said they expect at least two more rounds of draft submissions before the S-1 is ready.

Digital asset investment advisory firm Wave Digital Assets launches Polygon income tool with an initial investment of $30 million

On May 31, according to an official announcement, Wave Digital Assets, a digital asset investment advisory firm regulated by the US SEC, announced the launch of a Polygon network-centric income tool with an initial capital of $30 million. The tool is designed to support protocols and teams on the Polygon zkEVM blockchain, first and foremost to promote liquidity and TVL.

Decentralized social network tool Neynar completes $11 million Series A financing, a16z and others participate

On May 30, Neynar, which provides developers with tools to build decentralized social networks, announced the completion of $11 million in Series A financing, led by Haun Ventures, with participation from a16z, CSX, Coinbase Ventures and Union Square Ventures.

Currently, most developers using Neynar services are developing social applications on Farcaster, which plays a "quite critical" role in this journey because it minimizes the contact points between users who are tired of encryption and the underlying blockchain, creating an experience similar to Web2 applications such as Instagram or X. (fortune)

ARKB had a net outflow of $99.9 million yesterday, and BITB had a net inflow of $25.9 million

On May 31, according to Farside Investors, ARKB had a net outflow of $99.9 million yesterday, and BITB had a net inflow of $25.9 million.

EZBC, HODL, GBTC, BTCW had no inflow/outflow.

Backpack wallet now supports modifying transaction slippage

On May 31, according to official news, Backpack wallet added support for modifying transaction slippage for a single transaction.

Affected by the news that Terraform Labs reached a settlement with the SEC, LUNA rose by more than 30% in a short period of time

On May 30, according to OKX market information, LUNA rose by more than 30% in a short period of time and is now quoted at $0.8059.

Previously, Terraform Labs and its CEO Do Kwon had reached a preliminary settlement with the SEC on the fraud case.

Worldcoin extends loan agreement for 10 million WLD from five entities for one year

On May 30, according to the official blog of Worldcoin, on December 16, 2023, World Assets Ltd. (a subsidiary of the Worldcoin Foundation) signed a loan agreement with five trading companies operating outside the United States. The five entities received a total of 10 million WLD loans. These loans will expire around June 14, 2024. World Assets Ltd. has chosen to extend the term of the loan agreement by one year, to June 14, 2025, while keeping the other terms of the agreement unchanged.

Therefore, the 10 million WLD loaned by these trading companies will remain part of the circulating supply for the foreseeable future. After the extension period expires, each trading company must repay its loan in full.

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