PANews posted on X (formerly Twitter) that several significant events are set to take place in May 2026, impacting the Web3 and crypto sectors. On May 1, Apple will hold its earnings call, and the Solana Foundation will implement a new validator delegation program. The Chicago Mercantile Exchange (CME) plans to launch AVAX and Sui futures contracts on May 4. The U.S. April non-farm payroll data will be released on May 8, followed by a Senate vote on Kevin Warsh's appointment on May 11. The U.S. April Consumer Price Index (CPI) data is scheduled for release on May 12. Additionally, the Federal Reserve's monetary policy meeting minutes will be published on May 21. On May 29, the CME will initiate 24/7 trading support for crypto futures and options. These macroeconomic, regulatory, and industry activities are expected to further heat up the crypto market in May. PANews has introduced a new crypto calendar that offers comprehensive coverage, flexible filtering, and easy export options.

On May 1, Jin10 reported that the prices of gold jewelry in China have seen a slight increase compared to the previous day. Several brands have raised their prices by 9 yuan per gram, with most quotes ranging from 1,414 yuan per gram to 1,419 yuan per gram.

U.S. Democratic Senators Elizabeth Warren and Ron Wyden sent letters this week to Tether CEO Paolo Ardoino and U.S. Commerce Secretary Howard Lutnick, expressing concerns about Tether's loan to a family trust fund with Lutnick's children as beneficiaries. The letter notes that Lutnick previously led Cantor Fitzgerald, which has served as custodian of Tether's reserves since 2021. The senators questioned whether the loan could have assisted Lutnick's children in obtaining funds to acquire their father's shares in Cantor Fitzgerald, and expressed concern that this involved bribery or other improper conduct. Furthermore, the senators expressed concerns about Tether's past compliance record and its lobbying efforts during the GENIUS Act legislation process, emphasizing the need to ensure that politically connected crypto stakeholders do not receive preferential treatment. (The Block)

Sky has announced the launch of its institutional-grade infrastructure, Laniakea, as part of its governance reform efforts. According to PANews, this initiative aims to tap into the $300 billion worth of idle stablecoins, intensifying competition in the DeFi infrastructure sector. The move is seen as a strategic step to leverage the vast amount of unused stablecoins in the decentralized finance space, potentially reshaping the landscape of DeFi infrastructure.

U.S. President Donald Trump faces scrutiny over the 60-day deadline set by the 1973 War Powers Act for military actions without congressional approval. According to Odaily, some lawmakers argue that May 1 marks the deadline, as Trump notified Congress of hostilities on March 2. However, Defense Secretary Pete Hegseth claims the current ceasefire pauses the 60-day countdown. Senator Adam Schiff disagrees, stating that the ceasefire does not halt the clock and argues the military action was illegal from the start due to the absence of an imminent threat. Meanwhile, Republican Senator Lisa Murkowski warns that if the White House fails to present a credible plan next week, a proposal for an Authorization for Use of Military Force (AUMF) will be introduced to uphold Congress's constitutional oversight role. It remains uncertain whether Trump will seek an additional 30-day extension allowed by the act.

Under the War Powers Act of 1973, the president must cease using force after a 60-day period if he initiates military action without congressional authorization. Currently, some lawmakers believe May 1st is the deadline, arguing that Trump informed Congress of the start of hostilities on March 2nd. However, Defense Secretary Pete Hegseth stated that the current ceasefire means the 60-day clock has been paused or stopped. Senator Adam Schiff countered that a ceasefire does not stop the clock and argued that the military action was illegal from the outset because there was no imminent threat. Meanwhile, some Republican lawmakers, such as Lisa Murkowski, indicated they would introduce an Authorized Use of Force (AUMF) proposal to fulfill Congress's constitutional oversight responsibility if the White House fails to present a credible plan by next week. Currently, it remains uncertain whether Trump will request an additional 30-day extension allowed by the bill. (CNN)

Bitcoin spot ETFs experienced a net inflow of $14.7578 million on April 30 (ET), according to NS3.AI. This marks the end of three consecutive days of net outflows for Bitcoin. In contrast, Ethereum spot ETFs recorded a net outflow of $23.6426 million, continuing a four-day trend of outflows.

Arkham posted on the X platform that Arkham AI discovered a suspected Multicoin address. This address previously received $39.4 million from Galaxy Digital OTC and then deposited $22.99 million into Coinbase. Currently, the address still holds $26.9 million in HYPE, with a floating profit of approximately $10.5 million.

According to SoSoValue data, Ethereum spot ETFs saw a total net outflow of $23.6426 million yesterday (April 30th, Eastern Time). The Ethereum spot ETF with the largest single-day net inflow was BlackRock's Stashed ETH ETF (ETHB), with a net inflow of $29.1038 million, bringing its historical total net inflow to $70.8207 million. This was followed by Grayscale's Ethereum Mini Trust ETF (ETH), with a net inflow of $4.7213 million, bringing its historical total net inflow to $1.93 billion. The Ethereum spot ETF with the largest single-day net outflow was BlackRock's ETH ETF (ETHA), with a net outflow of $50.5739 million, bringing its historical total net outflow to $143 million. As of press time, the total net asset value of the Ethereum spot ETF is $13.253 billion, the ETF net asset ratio (market capitalization as a percentage of Ethereum's total market capitalization) is 4.85%, and the historical cumulative net inflow has reached $11.915 billion.

According to Odaily, anonymous blockchain investigator Wazz has revealed that hundreds of wallets on the Ethereum mainnet have been emptied by a single address. Several of these wallets had been inactive for over seven years. The incident is suspected to be a new type of real-time vulnerability attack. Crypto user Capitulation commented that the most likely cause of the vulnerability was storing mnemonic phrases in LastPass's secure notes during 2020/21.

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