Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

On May 8, the GnosisDAO community proposed a measure titled **"Allow GNO Holders to Redeem Proportionally Claimed Treasury Shares."** The proposal would let GNO holders exchange their tokens for a proportionally allocated share of the GnosisDAO treasury. Non-participants would retain their GNO and keep all economic rights tied to the DAO’s ongoing operations, with liquidity and semi-liquid treasury assets distributed based on net asset value (NAV). For illiquid off-chain investments and enterprise value, the DAO plans to use a synthetic **gLTD-CLAIM**. This claim grants holders a fixed percentage of future dividends from DAO-deployed assets—*only if those assets exceed the principal recovery threshold at redemption*. Redeemed GNO will be burned, permanently reducing the circulating supply. As of press time, the proposal has a 64.81% opposition rate.

On May 8, Elon Musk replied with “Memes” to the question “What has Bernie Sanders contributed to society in his 45 years in politics?” on X. In response to the news, Solana-based meme coin BURNIE briefly surged more than 100%. Per GMGN data (view here: https://gmgn.ai/sol/token/i_m4TE56o8_CGEDT9QZDvvH5GmVkWJH2BXiMJqMJySC9ihWyr7Spump), BURNIE’s market cap stood at $18.07 million at press time—after a brief spike, it quickly pared its gains. BlockBeats advises users that related token prices are highly volatile; exercise caution when investing.

On May 8, analyst firm Alicharts reported that Bitcoin’s estimated leverage ratio across major futures exchanges has climbed to approximately 0.26—its highest level in nearly a year, exceeding the peak recorded in October 2025. This signals a sharp rise in traders’ risk appetite. Alicharts noted the data reflects heavy leverage use among investors, who are bullish on Bitcoin’s ongoing upward momentum. This underscores the market’s optimistic outlook for future price action.

On May 8th, per LookOnChain monitoring, the ENS token unlock wallet deposited 1.457 million ENS (valued at $9.34 million) to Binance 5 hours ago.

On May 8: The UAE National Emergency Crisis and Disaster Management Authority stated that its air defense system is currently responding to a missile threat. (FXS)

**May 8** — Per GMGN monitoring, Solana-based meme coin **HANTA** (launched yesterday) notched another sharp rally at 6 a.m. ET this morning. Its market cap surged **more than 450% in one hour**, topping out at over $18 million. The coin then saw a steep drop, now trading at roughly $9 million—nearly half its peak value. Its 24-hour gain still stands at ~650%, with on-chain trading volume over the same span topping $40 million. Per reports, the meme’s narrative stems from a recent **HANTA virus outbreak** on an overseas cruise ship. Given the virus’s high fatality rate, associated panic has grown steadily across social media. **BlockBeats Note**: Meme coins are extremely volatile, relying heavily on market sentiment and hype-driven speculation. They hold no tangible value or practical use case. Investors should exercise caution due to inherent risks.