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BlockBeats news, on May 1st, according to Hong Kong Business Daily, Meitu founder Cai Wensheng bought the entire Tin Hau shopping mall for about HKD 650 million. The target of this transaction is the Ginza style shopping mall "Park AURA" on Tin Hau Road. The property was completed in 2020, with 25 floors (underground to 24th floors), a single floor area of about 2041 square feet, and a total floor area of about 53000 square feet. Cai Wensheng posted on social media that he plans to build the building into an AI Web3 entrepreneurship center: an AI themed caf é (similar to a garage coffee model) will be set up on the first and second floors, with supporting AI technology lecture spaces. Some floors are designated as AI Space shared office areas, which are free for Hong Kong entrepreneurs to apply for use. The remaining floors are planned to be studios in the fields of AI and Web3.

BlockBeats news, on May 1st, whales have been buying ETH in the past 2 hours. Among them: The address starting with 0xDdb4 borrowed 3.44 million USDC from Aave, and then spent 3.44 million USDC to purchase 1856 ETH. The address starting with 0xf84d borrowed 1.64 million USDC from Aave, and then spent 2.34 million USDC to purchase 1259 ETH. A new address starting with 0x69D0 was extracted 2250 ETH (worth 4.12 million US dollars) from Binance.

According to Lookonchain monitoring, in the past two hours, three whale addresses have spent a total of $7.2 million to buy 5362 ETH. The address 0xDdb4 borrowed 3.44 million USDCs from Aave and subsequently used these 3.44 million USDCs to purchase 1856 ETH. The address 0xf84d borrowed 1.64 million USDC from Aave and then spent 2.34 million USDC to purchase 1259 ETH. A newly created wallet (0x69D0) withdrew 2250 ETH (worth 4.12 million US dollars) from the Binance exchange.

According to CoinDesk, NexusOne Consulting, a new government relations consulting firm composed of former government officials, has started operating in Washington D.C., aiming to help cryptocurrency and artificial intelligence companies shape US policies. The company is led by white-collar defense lawyer Jeff Ifrah, former government lawyer Jim Trusty who represented the Trump administration, and Ross Branson who served in the Department of Commerce during Trump's first presidential term. Ifrah stated in a press release that this is a rare opportunity to shape the future of technology policies, and the company needs to ensure that innovators are not only passively responding to policies, but also actively influencing them. Trump has expressed his intention to turn the United States into the "capital of cryptocurrencies in the world" and has begun to establish strategic Bitcoin reserves. NexusOne Consulting, located directly across from the White House, claims to be a bridge between the private sector and government, and plans to conduct lobbying activities for companies exploring the forefront of artificial intelligence, cryptocurrency, and social platforms.