Daily Report | Binance will launch the Alpha Points consumption mechanism on May 13; Futu Securities International (Hong Kong) has launched Bitcoin, Ethereum, and USDT recharge services
May 7 News OverviewOrganizer: Jerry, ChainCatcher
Important News:
- China's central bank announces interest rate cut and reserve requirement ratio reduction
- Binance Alpha points reaching 142 will receive Polyhedra Network (ZKJ) airdrop
- Zhao Changpeng proposes to lower Gas fees on the BSC chain
- Binance will add 6 new tokens including ALPHA and HIFI to the monitoring tag list
- Futu Securities International (Hong Kong) launches Bitcoin, Ethereum, and USDT deposit services
- Doodles: Users from Solana and BSC ecosystems such as Bonk, ElizaOS, and Helius will qualify for DOOD airdrop
- Users with 153 Binance Alpha points will receive OBOL token airdrop
- Ethereum developers activate Pectra upgrade, including 11 improvements to enhance staking efficiency and Layer2 scalability
- Binance will launch Alpha points consumption mechanism on May 13
- Binance Alpha and Binance Contracts will list Doodles (DOOD)
"What important events happened in the past 24 hours"
China's central bank announces interest rate cut and reserve requirement ratio reduction
On May 7, Pan Gongsheng, the governor of the People's Bank of China, announced at a press conference that the reserve requirement ratio would be cut by 0.5 percentage points and the policy interest rate would be lowered by 0.1 percentage points.
Binance Alpha points reaching 142 will receive Polyhedra Network (ZKJ) airdrop
Users with Binance Alpha points reaching 142 will receive the Polyhedra Network (ZKJ) airdrop. Alpha points between 64 (inclusive) and 141 (inclusive) and Binance account UID ending with "2" will qualify for a lucky airdrop.
Zhao Changpeng proposes to lower Gas fees on the BSC chain
Binance founder Zhao Changpeng proposed on X to "reduce the Gas fees on BSC by 3 times or 10 times."
Binance will add 6 new tokens including ALPHA and HIFI to the monitoring tag list
According to the official announcement, Binance announced on May 7 that it will add 6 new tokens to the monitoring tag list, including Stella (ALPHA), Hifi Finance (HIFI), Leverfi (LEVER), Movement (MOVE), Portal (PORTAL), and Rei Network (REI).
Futu Securities International (Hong Kong) launches Bitcoin, Ethereum, and USDT deposit services
According to the official announcement, Futu Securities International (Hong Kong) Limited announced the official launch of Bitcoin, Ethereum, and USDT deposit services. Qualified investors can complete deposits and trade cryptocurrencies through the one-stop trading platform Futu NiuNiu, supporting investments in traditional financial assets, including Hong Kong, US, and Japanese stocks, options, ETFs, funds, bonds, and other diversified assets, allowing for quick conversion between virtual and traditional asset markets.
Previous news indicated that Futu Securities was testing cryptocurrency deposits, initially expected to support USDT and USDC stablecoin deposits.
According to the official announcement, Doodles announced the Solana and BSC ecosystem projects that qualify for the DOOD token airdrop. It is reported that 13% of the total supply of DOOD tokens will be allocated to communities aligned with Doodles' mission and values, including:
BonkBot - the top 50 active traders by trading volume;
Bonk - the top 2500 wallets from the Bonk reward program;
Drip.Haus - DRiP creators active from January 1 to March 5, and some holders of Doodles Collectibles on DRiP;
Solana Mobile - pre-bookers of Solana Mobile Chapter 2;
Vector - the top 2500 wallets based on Broadcast Volume;
Helius - the top 5000 Helius stakers;
ElizaOS - contributors to ElizaOS;
The Pond - NFT holders (snapshot date is May 6);
Specific BSC communities (TST, Mubarak, Babydoge, Broccoli714, Koma Inu) will be managed directly by their respective projects.
Users with 153 Binance Alpha points will receive OBOL token airdrop
According to the official news, Binance announced that it will airdrop 165 OBOL tokens to eligible users holding at least 153 Alpha points. Additionally, users with Alpha points between 116 and 152 (inclusive) and Binance UID ending with 6 will receive a lucky airdrop of 165 OBOL tokens.
Previous news indicated that Binance Alpha will launch and open trading for Obol (OBOL) on May 7, 2025, at 18:00 (UTC+8). The Binance contract platform will launch the OBOLUSDT perpetual contract on May 7, 2025, at 18:30 (UTC+8), with a maximum leverage of up to 50 times.
According to The Block, the Ethereum mainnet successfully activated the Pectra upgrade at 6:05 AM Eastern Time, marking the most significant network update since the Merge in 2022.
This hard fork includes 11 EIP improvement proposals, focusing on three main areas: enhancing staking efficiency, optimizing user experience, and improving Layer2 scalability. The successful deployment of the Hoodi testnet in March laid the foundation for this upgrade. Pectra sets the stage for the Fusaka upgrade, which will introduce key technologies such as Verkle Trees and PeerDAS.
Among the highlights of this upgrade is the EIP-7702 account abstraction scheme, which allows regular wallets to temporarily execute smart contract functions. In the future, users will be able to experience innovative features such as third-party payment of Gas fees, batch transaction packaging, and even recovering lost private keys through social contacts. Regarding the staking mechanism, the ETH staking limit for a single validator node has been significantly increased from 32 to 2048, allowing institutional stakers to reduce operational complexity through node merging.
For Layer2 expansion, the Blob data capacity per block has doubled to 6 (peaking at 9), further deepening the proto-danksharding technology from last year's Dencun upgrade, which is expected to reduce transaction costs on Rollup chains like Arbitrum by over 90%. The technical team has also addressed several long-standing pain points: the activation time for validator nodes has been reduced from 12 hours to 13 minutes, the execution layer can directly control node exits to enhance key security, and the on-chain storage of historical block hash data has improved the reliability of decentralized oracles.
Binance will launch Alpha points consumption mechanism on May 13
According to the official announcement, Binance will launch the Alpha points consumption mechanism starting from May 13, 2025.
Under this mechanism, if users successfully participate in token generation events (TGE) or claim airdrops, the system will deduct a certain number of Alpha points.
Binance Alpha and Binance Contracts will list Doodles (DOOD)
According to the official announcement, Binance will launch the DOOD/USDT perpetual contract (up to 50x leverage) on May 9, 2025, and open DOOD trading on Binance Alpha. The specific trading time will be announced on May 9, 2025.
In addition, users who meet the Alpha Points threshold will receive a DOOD airdrop within 10 minutes after trading begins.
"What are the must-read articles in the past 24 hours"
Bitcoin officially enters state government "treasury," will a reserve boom begin?
Small state, big ambition, New Hampshire is the first to pass a Bitcoin strategic reserve bill, igniting the spark of financial transformation.
In the context of global monetary turmoil and asset revaluation, Jack Mallers explores a new model of institutional growth and capital pathways centered around Bitcoin.
I prefer to be a builder of a platform, providing tools for people to use, rather than participating in trading myself.
Removing OP_RETURN restrictions, the most important Bitcoin upgrade in 4 years
OP_RETURN is like sticking a "note" on the edge of a page—you can write dozens of words or small pieces of data into it, and this note is marked by the system as "read-only," meaning others cannot use it as money or affect the records of other "money" in the ledger.
China and the US officially start negotiations, Bitcoin aims for $100,000
On the financial level, "cooperation benefits both sides" is certainly true.
Meme Popularity Rankings
According to the meme token tracking and analysis platform GMGN, as of May 7, 19:50:
In the past 24 hours, the top five popular Ethereum tokens are: beraSTONE, Mog, CTM, KOBUSHI, PECTRA
In the past 24 hours, the top five popular Solana tokens are: POPCAT, KMNO, gorkrust, LLJEFFY, Fartcoin
In the past 24 hours, the top five popular Base tokens are: BOBR, SATO, VIRTUAL, BABY SATO, ZORA
