Daily Report | Binance will airdrop 482 RDAC tokens to users with an Alpha score of 205; Coinbase will become the first pure cryptocurrency company included in the S&P 500
May 13 News OverviewOrganizer: Jerry, ChainCatcher
Important News:
- Binance Alpha launches Scallop (SCA)
- Binance to airdrop 482 RDAC tokens to users with Alpha points reaching 205
- Dubai partners with Crypto.com to provide crypto payments for government services
- Xiao Feng once told Vitalik: Losing the Chinese market means losing important global developer resources
- ZKsync and Matter Labs official X accounts hacked, hackers spread false SEC investigation information
- Hacker who used US SEC X account to announce Bitcoin spot ETF approval may face two years in prison
- Coinbase to become the first pure cryptocurrency company included in the S&P 500, stock price surges 8% after hours
- Meme coin TRUMP competition ends and will issue NFTs, 220 dinner winners will undergo background checks
- Market news: Trump's company Truth Social denies rumors of issuing Meme coin
"What important events happened in the past 24 hours"
Binance Alpha launches Scallop (SCA)
According to the official page, Binance Alpha has launched Scallop (SCA).
Binance to airdrop 482 RDAC tokens to users with Alpha points reaching 205
According to official news, Binance Alpha will launch Redacted (RDAC), with trading starting on May 13, 2025, at 10:00 (UTC). Eligible Binance users with at least 205 Alpha points can start claiming 482 RDAC tokens airdrop on the Alpha event page from May 13, 2025, at 10:00 (UTC).
Additionally, users with Alpha points between 170 and 204 (inclusive) and whose Binance account UID ends with the digit 7 will also have the opportunity to claim 482 RDAC tokens in a lucky airdrop starting from May 13, 2025, at 10:00 (UTC).
Please note that claiming the RDAC airdrop will consume 15 Alpha points.
Dubai partners with Crypto.com to provide crypto payments for government services
According to Cointelegraph, the Dubai government has signed an agreement with cryptocurrency exchange Crypto.com to allow individual and business users to pay government service fees using cryptocurrency through Crypto.com's digital wallet. Payments will be automatically converted to dirhams and deposited into the Dubai Treasury account.
This initiative is part of Dubai's "cashless strategy," aiming to achieve 90% cashless financial transactions in the public and private sectors by 2026. The Dubai Treasury stated that this cooperation will accelerate the development of fintech and is expected to bring at least 8 billion dirhams (approximately 2.1 billion USD) in economic growth.
The specific cryptocurrencies that will be accepted have not yet been announced, but officials mentioned that "stable cryptocurrencies" may be supported, indicating a preference for stablecoins. This cooperation marks an important step for Dubai in promoting digital payments and cryptocurrency applications, further solidifying its position as a globally crypto-friendly city.
According to the WeChat public account of Wanwu Island ThreeDAO, Xiao Feng, the founder of Wanxiang Blockchain, suggested to Vitalik during a private conversation that the Ethereum Foundation should establish an office in Hong Kong.
Xiao Feng pointed out that blockchain developers are mainly concentrated in the English-speaking and Chinese-speaking worlds, and losing the Chinese market means losing important global developer resources. Vitalik stated that the development team of the Ethereum Foundation in Berlin mainly engages in underlying technology work, and the underlying technology of Ethereum is now mature, with only optimization space remaining. He also mentioned that, in fact, the technical departments, government agencies, and developer communities in China hold a respectful attitude towards Ethereum technology and suggested that the foundation should not distance itself from the Chinese market.
According to Cointelegraph, the official X accounts of Ethereum Layer 2 network ZKsync and its development company Matter Labs were hacked, and the attackers released false statements claiming that the platform was under investigation by the U.S. Securities and Exchange Commission (SEC). Matter Labs confirmed that the information was false and has regained control of the account.
As a result, the platform token ZK briefly fell by 2% to $0.07158. This is the second security incident for the platform in four months, following a token theft incident worth approximately $5 million in April. The company's investigation revealed that this intrusion may have been implemented through a third-party delegated account permission vulnerability. Currently, the ZK price has fallen by 6.4% from a 38.5% increase in the previous week.
Hacker who used US SEC X account to announce Bitcoin spot ETF approval may face two years in prison
According to Cointelegraph, the U.S. government has requested a federal judge to sentence Eric Council Jr. to two years in prison. Eric Council Jr. is the person who helped publish false information that announced the approval of a Bitcoin spot ETF through the U.S. Securities and Exchange Commission (SEC) X account.
In documents submitted to the U.S. District Court for the District of Columbia on May 12, prosecutors recommended that the judge sentence Council to two years in prison for posting false information on social media platform X, claiming that the SEC had approved the spot Bitcoin ETF for the first time in January 2024. This false statement shook the market about 24 hours before the SEC actually approved the spot Bitcoin ETF, ultimately leading to Council's arrest.
According to The Block, Coinbase (stock code COIN), the largest cryptocurrency exchange in the U.S., will officially be included in the S&P 500 index, marking a precedent for pure cryptocurrency companies to be included in this benchmark index. Following the announcement, Coinbase's stock price surged 8% in after-hours trading, reaching $226, with a market capitalization of $53 billion.
This inclusion signifies mainstream financial market recognition of the cryptocurrency industry, with Coinbase replacing Discover Financial Services in the S&P 500. Notably, despite a 13% quarter-over-quarter decline in revenue to $2 billion in Q1 2025, the company still achieved a net profit of $527 million, demonstrating profitability amid volatility in the cryptocurrency market.
The official TRUMP meme coin project announced on Monday that "the official competition to decide who can have dinner with the president has ended, and 220 winners will be notified," and they will undergo background checks. The dinner will be held at Trump's Washington National Golf Club. The project team added that "all users holding the same number of TRUMP tokens as the final leaderboard during the dinner will also receive a limited edition Solana NFT of Trump's diamond hand."
According to Reuters, citing Inca Digital data, "TRUMP meme coin buyers invested approximately $148 million in this competition." Chainalysis data shows that "58 wallets that purchased the coin made profits of over $10 million, with total earnings exceeding $1 billion, while another 764,000 wallets incurred losses."
Market news: Trump's company Truth Social denies rumors of issuing Meme coin
According to market news, Trump's company Truth Social denied rumors of issuing a Meme coin.
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Meme Popularity Rankings
According to the meme token tracking and analysis platform GMGN, as of May 13, 19:50:
In the past 24 hours, the top five popular Ethereum tokens are: RATO, RUSTY, BERRY, FROGGER, BROZZY
In the past 24 hours, the top five popular Solana tokens are: PIPE, TRUMPE, NFTLX, Fartcoin, POPCAT
In the past 24 hours, the top five popular Base tokens are: SKITTEN, VIRTUAL, DEGEN, VEGETA, KEYCAT
