On May 17, Ethereum's second-layer network Linea announced the first phase of the points plan Linea Surge, which encourages users to hold assets in Linea and deploy them to the DeFi protocol to obtain LXP-L tokens. The first phase of the plan supports a total of 34 assets, of which 6 are listed as mainstream assets: ETH, WETH, WBTC, nextwETH, M-BTC and SolvBTC. Among them, M-BTC is the second-layer mapping token of Bitcoin's second-layer network Merlin Chain, with a current total circulation of 19,000 pieces, about US$1.2 billion. SolvBTC is a multi-chain interest-bearing token of the DeFi protocol Solv Protocol, which currently has more than US$1 billion TVL, 80% of which is in Merlin Chain. It is reported that M-BTC has been launched on multiple public chains including Merlin Chain, Linea, B^2, Mode, Manta, zkLink, and Nova, and will continue to expand in the future to provide a wider range of liquidity.

Decentralized auction platform Bounce Brand announced on the X platform that it will launch Bounce M&A on May 13, and users can prepare to join the experiment of merging three tokens into a new synthetic token. Earlier, Bounce Brand announced on the X platform that it plans to launch Bounce Booster and Bounce M&A in May. The former can use BNB deposits to promote closed-loop revenue and Onchain Launchpad opportunities, and the latter will support mergers and acquisitions of different tokens.

Merlin Chain posted on the X platform that users can now deposit ORDI/SATS into OKX. Specifically, users can use the official bridge to bridge BRC-20 tokens to Merlin for trading, and deposit them into OKX if necessary. The current gas fee on Merlin is about $0.2. Note: Please do not deposit M-ORDI/M-SATS into CEX, but wait for ORDI/SATS to be unstaked. BRC-20 tokens worth $250 million will be unstaked in a few days, and users can deposit them into CEX instantly at that time, with only a small gas fee.

M&T Bank Corporation reported a net income of $531 million, or $3.02 per diluted share, for the first quarter of 2024. source: https://tokenist.com/mt-bank-mtb-reports-3-02-eps-and-531-m-in-net-income-for-q1/?utm_source=rss&utm_medium=rss&utm_campaign=mt-bank-mtb-reports-3-02-eps-and-531-m-in-net-income-for-q1

The fair launch of the Merlin Chain ecological project Dragonverse Neo token MDBL ended at 4 pm Beijing time on April 8, raising a total of 106.50 M-BTC. The airdrop for participants in this fair launch is now open for certification, and users can link their wallets to confirm their airdrop qualifications before 4 pm Beijing time on April 12. According to official news, the fair launch $MDBL and the above airdrop will be available for collection on the 23rd of this month. On the same day, DEX will be launched to open secondary trading and start liquidity mining. The game beta test will be unveiled in May. Dragonverse Neo is a 3D open world game and game L3 chain created by the MOBOX team. $MDBL will serve as the core token of the ecosystem, providing holders with liquidity mining income, game gold, creator income, and creation and governance rights.

Odaily Planet Daily News According to on-chain analyst @tayvano_ monitoring, about $8.5 million in stolen funds from CoinsPaid and Alphapo last night (and some remaining funds in the Atomic wallet) flowed to more than 300 addresses on 3 chains . About 4,600 ETH were distributed to 125 new Ethereum addresses, then transferred to the Avalanche network, and then transferred to Bitcoin. As of now, about 290 BTC are stored in 125 new Bitcoin addresses, each address holds about 1-3 BTC. Throughout the money laundering process, a total of 514 transactions were transferred through the ETH->AVAX or AVAX->BTC ​​route, of which 500 transactions were to transfer stolen funds from Alphapo/Coinspaid/Atomic Wallet. To the best of its knowledge, this is the fifth time Lazarus has conducted such a $5-10 million money laundering operation in the past few weeks. According to yesterday’s news, on-chain detective ZachXBT tweeted that the US$290 million in funds stolen by the North Korean hacker organization Lazarus Group has recently been collected on the chain, including funds related to Harmony Protocol, Atomic Wallet, CoinsPaid, and Alphapo attacks.

据 Blockworks 报道，总部位于欧洲的区块链和加密原生投资公司 M11 Group 最近成立了流动资产加密资产管理部门，并设立 M11 Funds。M11 Group 表示，M11 Funds 的投资产品在欧盟的 AIFMD 框架之下，这是向合格投资者（包括家族办公室和养老金等）营销另类投资工具的监管先决条件。M11 Funds 有两种主要策略，其旗舰工具 M11 流动代币基金于 4 月 30 日开始交易，目标是在年底前筹集 5000 万美元。另一种策略是以 DeFi 为重点的流动性挖矿策略。

4000 boxes of M&M's candies will depict avatars by KINGSHIP as NFT-printed

Candy brand Mars has signed a deal with Universal Music Group to release limited-edition Kingship-based M&Ms. Kingship is a metaverse combination established by Universal Music Group, consisting of the NFT images of BAYC and MAYC. Only 10,000 copies of this Kingship themed M&M candy gift box or gift jar will be available.