Japanese cryptocurrency exchange Coincheck has announced that it expects its listing on Nasdaq via a merger with special purpose acquisition company Thunder Bridge Capital Partners IV to be completed in the second or third quarters, subject to approval by Thunder Bridger IV's stockholders, the U.S. Securities and Exchange Commission (SEC) and Nasdaq. The merger was initially announced in March 2022 with plans to complete in the second half of that year, but the target was pushed to July 2023 before being extended further by up to 12 months. Once the merger completes, the Netherlands-domiciled business will be renamed Coincheck Group and list on the Nasdaq Global Select Marker under the ticker "CNCK," joining Coinbase as the only crypto exchanges publicly traded in the U.S.

Major companies interested in financial services such as Citigroup, JPMorgan Chase, Mastercard, Swift, and Deloitte will work together to explore the potential of sharing ledger technology through simulated multi-asset trading in US dollars. According to a statement, the research project called "Regulated Settlement Network (RSN) Proof of Concept (PoC)" will explore the potential of bringing commercial bank funds, wholesale central bank funds, and securities such as US Treasuries and investment-grade debt to a common regulated venue. The New York Fed's Innovation Center will serve as a technical observer.

FTX, the cryptocurrency exchange that filed for bankruptcy in November 2022, has submitted an updated reorganization plan that estimates between $14.5 billion to $16.3 billion available for distribution to creditors. The plan offers hope for the estimated 9 million customers and investors who experienced substantial losses when FTX collapsed, with some creditors potentially receiving payouts exceeding their initial claims by up to 142%. The plan prioritizes smaller creditors by creating a "convenience class" for those with claims of $50,000 or less, with the exchange expecting most of these creditors to receive around 118% of their claims within two months of court approval. FTX plans to generate the distribution pool by selling various assets, including investments held by Alameda Research and FTX Ventures businesses, and possible settlements from ongoing legal cases.

According to the Huobi HTX announcement, Huobi HTX has opened GUMMY's deposit business on May 8th at 16:10 (GMT+8). GUMMY/USDT spot trading will be opened on May 8th at 17:00 (GMT+8). The withdrawal business of GUMMY will be opened on May 10th at 11:00 (GMT+8). It is reported that GUMMY is a MEME coin on the Solana chain.

NFT game DEGEN WAR announced the completion of its seed funding round, with participation from SuperState CEO Robert Leshner, Mechanism partner Marc, Nansen CEO Alex, and others.

DODOchain announced that the first phase of the mainnet MACH AVS has been launched on X platform. Earlier, the DODO team announced the launch of DODOchain, which is an Omni Trade Layer3 supported by Arbitrum Orbit, EigenLayer, and AltLayer. DODOchain will use EigenDA to provide Ethereum's consensus and security features. Currently, the DODOChai testnet is online.

According to a message from LayerZero CEO Bryan Pellegrino in the TechFlow community, he stated that data will prove whether users are real or not. However, considering that nearly half of the addresses have only made one transaction, he believes that the ratio of 400,000-800,000 out of 6 million addresses is appropriate. This may mean that only 6.67%-13.33% of addresses are eligible for airdrops. Bryan Pellegrino stated that the data work is still ongoing. When asked whether wallets that have not traded on the Ethereum mainnet are real users, he questioned why they couldn't be.

Web3 entertainment company Imaginary Ones announced the completion of an oversubscribed financing round, with participating investors including Cypher Capital, Animoca Brands, Polygon Ventures, ED3N, MH Ventures, IlluminatiCapital, Hercules Ventures, etc. Angel investors and advisors include dingaling, Ivanon Tech, MoonCat2878, and partners include HUGO BOSS, Samsung Singapore, Immutable, Portal, MOCA Coin, etc.

Lyra Finance, a decentralized options platform, now allows holders of the re-collateralized token (LRT) to generate additional income. The platform will allow LTR holders to earn additional income using automated versions of popular strategies such as basis trading and covered call options. The tokenized derivative income product was launched in partnership with the liquidity re-collateralization protocol Swell Network and Ether.Fi.

A spokesperson for the fund management giant Vanguard Group stated that they will not offer direct investment in Bitcoin ETF trading, currently have no plans to offer Bitcoin ETFs or other crypto-related products, and have no plans to offer Vanguard Bitcoin ETFs or other crypto-related products. Spot Bitcoin ETFs will not be available for purchase on the Vanguard platform.