The American Bankers Association urges the improvement of the stablecoin bill

Aave announced on the X platform that the first phase of the rsETH technology recovery plan has been completed, including the destruction of rsETH held by attackers on Arbitrarum. In the coming days, we will gradually supplement the LayerZero OFT adapter and reopen rsETH related operations. Kelp stated that it will gradually replenish 117132 rsETH from Aave Recovery Guardian and Kelp Recovery Safe to the LayerZero OFT adapter on the main network in the next two weeks. It is expected that the withdrawal function will resume within 24 hours after the first batch of replenishment is completed, and all rsETH operations will return to normal.

According to Lookonchain monitoring, after being inactive for over a year, wallet address 0xB476 spent 5.81 million USDCs and bought 2570 ETH at a unit price of $2261 7 hours ago.

The US Senate confirmed Kevin Walsh as a member of the Federal Reserve Board of Governors with 51 votes in favor and 45 votes against, and plans to initiate the confirmation process for him to also serve as the Chairman of the Federal Reserve. The procedural vote is expected to be completed as early as May 13th. Walsh previously held investments in cryptocurrency and blockchain enterprises and has promised to complete the divestment. The current chairman Powell's term will expire this Friday, during which he plans to continue serving on the board.

According to AiCoin data, the Panic and Greed Index is 42 today (49 yesterday), and the level has changed from "neutral" to "fearful". Market fluctuations may be significant, please pay attention to risk control.

According to The Block, eToro's cryptocurrency revenue in the first quarter decreased from $3.5 billion in the same period last year to $2.15 billion, and the total number of transactions decreased by 32% year-on-year. EToro acquires wallet company Zengo for $70 million and launches cryptocurrency trading service in New York. The company's crypto holdings decreased from $62.6 million to $60.5 million, and crypto asset related costs decreased from $3.5 billion to $2.1 billion. Adjusted EBITDA increased by 35% to $109 million, net profit increased by 37% to $82 million, funds account increased by 12% to over $4 million, managed assets increased to $17 billion, and earnings per share increased from $0.79 to $0.98.