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Payment infrastructure company Fun has completed a $72 million Series A funding round, led by Multicoin Capital and SignalFire.

2 hours ago

On May 1, cryptocurrency-focused payment infrastructure startup Fun closed a $72 million Series A funding round led by Multicoin Capital and SignalFire, with additional participation from Infinity Ventures, Pharsalus Capital, and Tinder co-founder Justin Mateen. Fun specializes in providing crypto-to-fiat onramp and offramp infrastructure for platforms including Polymarket, Lighter, and Aave, and boasts an annual payment processing volume of over $18 billion. The firm plans to allocate the new capital toward expanding its team by roughly 30 employees.
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The US Stock Market Saw Continued Strength in the Storage Sector, with Micron Technology Rising by 5.07%

On May 1, Bitget market data shows the U.S. stock storage sector extended its upward trend. Micron Technology rose 5.07%, SanDisk gained 4.03%, Western Digital edged up 0.01%, and Seagate Technology climbed 5.32% — all hitting intraday record highs.

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Nasdaq Hits New All-Time High, Intraday Peak at 25,194.2 Points

On May 1, per Bitget market data, the Nasdaq index hit an intraday high of 25,194.2 points—surpassing yesterday’s intraday high of 24,935.59 points—to notch a new all-time high.

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Iran Agrees to Discuss Nuclear Issue, or Long-Term Freeze on Uranium Enrichment

On May 1, Al Jazeera reported details of Iran’s response to the U.S. proposal for talks: Tehran has agreed to discuss the nuclear issue via a technical committee, freeze uranium enrichment activities long-term, and defer missile and weapons issues to a later phase.

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Iran Informs Regional Countries of Ceasefire Position, Crude Oil Sees Decline While Gold and Silver Prices Increase, US Stock Market Continues Uptrend

May 1 – Iranian Foreign Minister Araghchi briefed Gulf foreign ministers on Iran’s stance on ending the war, per the Islamic Republic News Agency. Market moves follow: - Brent crude dipped to $107/bbl, a 2.83% intraday drop; - WTI crude fell 4% intraday, last trading at $102.71/bbl; - Spot silver surged over 3% intraday; - Spot gold rallied $20 in the short term; - U.S. stocks extended gains: Nasdaq up 1%, Dow Jones 0.53% higher, S&P 500 up 0.78%.

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Curve Launches On-Chain Liquidation Market, Providing Exit Path for Affected CRV Creditors

**Curve Unveils Voluntary Recovery Path for CRV-Long Llamalend Market** On May 1st, the Curve team rolled out a voluntary recovery plan for the CRV-long Llamalend market, which was impacted by the October 2025 market crash. The strategy leverages Curve’s existing infrastructure to launch a dedicated liquidity pool pairing the stablecoin crvUSD with cvcrvUSD—an on-chain token representing creditor claims. This lets affected users exit by swapping their claims for liquid crvUSD (tied to market pricing) instead of waiting passively for a single recovery outcome. Users have three options: 1. Sell their claims for immediate crvUSD; 2. Hold their claims for future recovery; 3. Provide liquidity to earn trading fees and potential CRV incentives (with risk awareness required). The plan does not eliminate losses or guarantee repayment, but it converts claims into tradable on-chain assets—letting the market price recovery expectations. Model projections show CRV’s solvency c

2 minutes ago

The USDC Treasury has minted an additional 250 million USDC on the Solana blockchain.

On May 1, Whale Alert reported that the USDC Treasury has minted an additional 250 million USDC on the Solana blockchain.

2 minutes ago