🚨 Movement Labs has terminated co-founder Rushi Manche following issues related to MOVE token deals. In a separate development, Binance has suspended the MOVE airdrop until the situation with the project is clarified.

🌟 Sixty-eight cryptocurrency wallets profited millions from the meme coin TRUMP, while 764,000 others incurred losses, according to data from CNBC.

✨ In the United States, a new bill known as the MEME Act has been introduced, which aims to prohibit the President and members of Congress from issuing meme coins. The legislation seeks to regulate the growing influence of such cryptocurrencies in the market. For more details, visit here.

🚀 Asian firm Metaplanet has added 555 BTC to its balance, further establishing its presence in the cryptocurrency market. Meanwhile, KULR Technology has also strengthened its position by acquiring an additional 42 BTC. For more information on KULR Technology, visit their website.

🚀 Tether has announced the launch of USDT on the KAIA blockchain, aiming to enhance Web3 and stablecoin adoption across Asia. This development is part of a collaboration with Line Next and Kaia, signaling a significant advance in the cryptocurrency landscape. For more details, visit the official announcement here.

🚗 Tesla has announced the launch of a more affordable Model Y in the United States. For more details, visit the full article on Reuters.

🛢🇺🇸 American oil and gas company Diamondback Energy Inc. has lowered its oil production forecast for the current year, stating that production at U.S. shale fields has likely peaked and will decline in the coming months due to falling oil prices.

🇷🇺 Softline has acquired over 1 million shares of the company on the Moscow Exchange. For more details, see the official release.

⚠️🇺🇸 The number of M&A deals has reached a 20-year low following "Liberation Day" in America. According to a report by Reuters, this significant decline highlights the changing landscape of business transactions in the country. For more details, visit the full article here.

⚠️🇷🇺 At the opening of trading, the Moscow Exchange Index (IMOEX) has decreased by 0.8%.

🌟 CZ has proposed to reduce gas fees on the BNB Smart Chain by 3 to 10 times.

🇨🇳 On May 8, Huawei will unveil its own developed PC featuring HarmonyOS and its ecosystem.

🌍 Brazilian President Lula intends to sign an agreement with Russia focused on uranium, fertilizers, and energy. This move aims to attract investments in these crucial sectors. For more details, visit EXAME.

🇺🇸 OpenAI has announced plans to share a smaller percentage of its revenue with Microsoft following a restructuring, according to The Information.

🚨 China’s Ministry of Foreign Affairs has announced that negotiations on tariffs with the United States will take place at the request of the U.S. government. The discussions aim to address ongoing trade tensions between the two nations.

🌎 The EM currency index has reached record highs against the dollar. This milestone indicates a significant shift in the financial landscape, reflecting the strength and resilience of emerging market currencies. Investors are closely monitoring these developments as they may impact global economic trends. For more information, visit here.

🌕🇨🇳 China has been purchasing gold for six consecutive months, according to Bloomberg.

🇩🇪 Germany's Defense Minister plans to set defense spending at over 60 billion euros annually starting in 2025, according to RTRS.

🚨 China’s Geely is proposing to privatize Zeekr, offering to buy company shares at $25.66 per ADS. This represents a 13% premium over the current market price.

⚠️🇨🇳🇺🇸 Trade talks between U.S. and Chinese officials in Switzerland this week are expected to result in a delay of tariffs between the two nations, according to Sean Stein, president of the U.S.-China Business Council. For more details, visit here.

🛢🇨🇳🇷🇺 China and Russia have added the issue of the stalled Power of Siberia 2 gas pipeline to the agenda for talks in Moscow, signaling ongoing discussions about energy cooperation. For more details, visit BBG.