Web3 payment infrastructure startup Fun has announced the completion of a $72 million Series A funding round, led by Multicoin Capital and SignalFire. According to Odaily, other participants in the round include Infinity Ventures, Pharsalus Capital, and Tinder co-founder Justin Mateen. The funding round was finalized in late January, following a previous seed round in 2022 that raised $3.9 million. Fun specializes in providing payment rails for developers, enabling users to directly exchange crypto assets for fiat currencies like the U.S. dollar without relying on centralized exchanges or traditional banks. The company currently supports deposit infrastructure for platforms such as prediction market Polymarket, crypto derivatives platform Lighter, and lending application Aave, with an annual payment processing volume exceeding $18 billion. The newly acquired funds will be used to expand Fun's team, which currently consists of approximately 30 members.

Web3 payments infrastructure startup Fun announced the completion of a $72 million Series A funding round, led by Multicoin Capital and SignalFire, with participation from Infinity Ventures, Pharsalus Capital, and Tinder co-founder Justin Mateen, among others. This round was completed in late January, following a $3.9 million seed round in 2022. Fun's main business is providing payment tracks for developers, enabling users to directly exchange crypto assets for fiat currencies such as the US dollar without using centralized exchanges or traditional banks. Currently, the project provides deposit infrastructure for prediction market Polymarket, crypto derivatives platform Lighter, and lending app Aave, processing over $18 billion in payments annually. The new funding will be used to expand its team of approximately 30 people. (Fortune)

On May 01, 2026, 12:34 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 78,000 USDT benchmark and is now trading at 78,016.6875 USDT, with a narrowed 2.20% increase in 24 hours.

Hypersonic weapons are emerging as a pivotal element in the global race for military supremacy, with the United States facing stiff competition from China and Russia. Bloomberg posted on X, highlighting the strategic importance of these advanced weapons systems, which can travel at speeds exceeding Mach 5, making them difficult to detect and intercept. The U.S. has been trailing behind its rivals in the development and deployment of hypersonic technology. Both China and Russia have made significant strides, with Russia reportedly deploying hypersonic missiles in recent conflicts. This technological gap has raised concerns among U.S. defense officials about national security and the balance of military power. Efforts are underway in the U.S. to accelerate the development of hypersonic capabilities. The Pentagon has increased funding for research and development, aiming to close the gap and enhance its strategic deterrence. However, challenges remain, including technical hurdles and the need for collaboration between government agencies and private sector partners. As the race intensifies, hypersonic weapons are set to play a crucial role in shaping future military strategies and geopolitical dynamics. The competition underscores the importance of technological innovation in maintaining global security and stability.

Iran has reportedly submitted its latest proposal to the United States through a mediator from Pakistan. According to NS3.AI, this development marks a continuation of diplomatic efforts between the two nations. The specifics of the proposal have not been disclosed, but it is part of ongoing negotiations aimed at addressing longstanding issues. The involvement of a Pakistani mediator highlights the regional interest in facilitating dialogue between Iran and the United States. Further details on the proposal and its potential impact on bilateral relations remain to be seen.

Binance announced on X the launch of the Agentic Wallet, a new feature designed to enhance security for AI agents. Supported by Binance Wallet, this innovation allows AI agents to perform wallet operations within user-defined boundaries, ensuring a secure environment for transactions. To encourage user engagement and feedback, Binance has initiated a reward program. Participants are invited to create their own Binance Agentic Wallet and execute transactions according to their strategies. Users are encouraged to like, follow, retweet, and share their feedback on the experience. Additionally, a form is available for users to submit their feedback. As part of the reward initiative, Binance will distribute 1 BNB among 10 users who provide outstanding feedback. The deadline for participation is set for May 8 at 23:59 (UTC+8). This initiative aims to gather valuable insights from users to further refine the Agentic Wallet's functionality and user experience.

On May 01, 2026, 12:24 PM(UTC). According to Binance Market Data, BNB has crossed the 620 USDT benchmark and is now trading at 620.130005 USDT, with a narrowed 0.62% increase in 24 hours.

Key Takeaways CME FedWatch data shows a 94.9% probability of the Fed holding rates unchanged at its June meetingThe probability of a 25 basis point rate cut in June has collapsed to just 5.1%The near-certain June hold follows the Fed's May decision to keep rates at 3.50%–3.75% amid elevated inflation and Middle East uncertainty Markets have almost entirely priced out the possibility of a Federal Reserve rate cut in June, with CME FedWatch data showing a 94.9% probability of rates remaining unchanged at the next meeting, leaving just a 5.1% chance of a 25 basis point reduction. The reading represents a significant hawkish shift in near-term rate expectations, reflecting the Fed's May decision to hold rates at 3.50%–3.75% alongside Powell's acknowledgment that rising energy prices driven by the Iran conflict are pushing short-term inflation higher. With the Fed's own projections placing a return to the 2% inflation target at least a year away, markets appear to have accepted that the easing cycle remains firmly on pause. The near-zero probability of a June cut also aligns with the growing number of FOMC members shifting toward a neutral policy stance. Powell noted at his final press conference that the next meeting may consider removing the accommodative bias from the policy statement -- a signal that the Fed's forward guidance may actually tighten rather than soften at the June meeting. For crypto markets, a 94.9% probability of a June hold removes one of the near-term bullish catalysts that Bitcoin bulls had been counting on. Rate cut expectations have historically supported Bitcoin by reducing the opportunity cost of holding non-yielding assets. With June now effectively ruled out, the next potential easing catalyst shifts further into the second half of 2026 -- contingent on inflation cooling and the Middle East energy shock subsiding.

On May 01, 2026, 12:22 PM(UTC). According to Binance Market Data, Ethereum has crossed the 2,300 USDT benchmark and is now trading at 2,300.169922 USDT, with a narrowed 1.52% increase in 24 hours.

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Last night, DeepSeek multimodal researcher Chen Xiaokang tweeted on X, announcing DeepSeek's new paper on multimodal technology, "Thinking with Visual Primitives," and saying "Excited to release."

Cryptocurrency, the crypto market, it's too difficult—crypto becomes the most censored topic on X. Jinse Finance: What have the KOLs in the crypto circle been talking about in the past 24 hours?

Jinse Finance launches its cryptocurrency and blockchain industry daily news report, "Jinse Morning 8," issue 3043, providing you with the latest and fastest news on the digital currency and blockchain industry.