Rhythm Morning News｜A list of important news from last night and this morning on May 23

zkSync: Censorship is the killer of freedom

On May 22, zkSync posted a message saying, "I must not censor. Censorship is the killer of freedom. Censorship is the small death that brings total destruction. Where censorship disappears, there is nothing. Only freedom remains."

Previously on May 21, The Block quoted people familiar with the matter as saying that zkSync plans to hold TGE this week with a total token supply of 21 billion. According to screenshots of internal messages, the zkSync token airdrop is expected to occur around June 13.

Biden campaign plans to hire a meme manager to win support from young voters

On May 22, The Washington Times reported that the Biden campaign plans to hire a meme manager to manage its content and meme pages to communicate with young people in an effort to connect with Generation Z voters. In a job posting on Daybook, the team is seeking to hire a partner to manage Internet content for election campaigns, including meme content.

MetaMask is integrating native Bitcoin for its wallet

On May 22, Ethereum wallet MetaMask is working to integrate native Bitcoin (BTC), according to two people familiar with the matter. One person said that access may be achieved within the next month, while another person said that the functionality has not yet been determined, but the functionality may be limited initially and expanded over time.

Near Lianchuang: Will create "AI Developer" to solve the core problem of building end-to-end Web3 applications based on user intent

On May 22, Near co-founder Illia Polosukhin said that he would create an "AI Developer" to solve the core problem of building end-to-end Web3 applications based on user intent. Polosukhin said, "We hope that people can just tell the computer what application they want, and the computer will write code and build the application for them."

Whales Market founder: gm.ai tokens will be airdropped next month

On May 22, dexter, the founder of Whales Market, said on his social platform that yesterday's meme coin GMCAT airdrop was proportional. The more users contributed in the pre-sale and the more xWhales they held, the more GMCAT tokens they would get.

Puffer: The community will receive 1% of the total amount of Olive tokens on the re-staking yield blockchain

On May 22, LSD protocol Puffer Finance announced a partnership with Olive, a blockchain with native staking and re-staking yields. As part of this partnership, 1% of the total amount of Olive tokens will be allocated to the Puffer community. The details are as follows: 20% of the tokens will be distributed to all pufETH holders; 80% will be reserved for new pufETH holders on the Olive chain,

In addition, pufETH holders on the Olive Network will enjoy a 1.5x increase in Puffer Points.

Taiko has launched an airdrop query page

On May 23, Taiko, the Ethereum second-layer network based on zkRollup, has launched an airdrop query page.

Nvidia's Q1 net profit was US$14.88 billion, a year-on-year increase of 628%

On May 23, Nvidia (NVDA.O) released its first-quarter financial report after the U.S. stock market closed on Wednesday, showing that its sales and profits exceeded expectations, and made a strong forecast for the second quarter.

It is expected that the U.S. SEC will receive news about the spot Ethereum ETF in the early hours of Friday morning

On May 23, Bloomberg ETF analyst Eric Balchunas wrote, "My most optimistic guess is that we will receive news from the U.S. SEC (about the spot Ethereum ETF) around 4 pm tomorrow afternoon Eastern Time (4:00 am Friday Beijing Time)."

U.S. House of Representatives approved FIT21 cryptocurrency bill

On May 23, the U.S. House of Representatives passed the 21 Cryptocurrency Act with 279 votes in favor and 136 votes against. The passage of the Crypto Market Structure Act marks the industry’s most significant legislative achievement in Congress. The digital asset legislation passed by the House passes the cryptocurrency baton to the Senate, but the likelihood of decisive action in the Senate remains low. Opinion: Cancellation of staking plans may weaken demand for spot Ethereum ETFs On May 23, many in the crypto market believed that key changes made by issuers to spot Ethereum ETF applications were good for the Ethereum blockchain, but bad for the ETF product itself. Issuers including Fidelity and Ark have canceled plans to staking Ethereum ETFs.

Staking has been a sensitive issue for Ethereum because it enables holders to earn a yield, raising questions about whether the token should be considered a security under U.S. regulators.

Some market participants believe that if an ETF cannot stake its tokens, then spot ETFs will be less attractive than directly buying stakeable Ethereum.

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