Whats up
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Security and Exploits • ⭐️ Lido $LDO oracle (1 of 9) signing key compromised; Lido DAO initiates emergency vote to rotate the oracle node; protocol remains secure and stakers are unaffected. • Ledger Discord server hacked after an attacker compromised a moderator's account; Ledger has since regained control of the server and is taking additional precautions to reinforce its security. Token Unlocks • Starknet $STRK / ~$22M / MAY 15th • Sei $SEI / ~$14M / MAY 15th Sourced from Tokenomist Funding • Turtle Club raises $6.2M in Seed funding led by THEIA. • DoubleUp raises $4M in Pre-Seed & Seed funding led by Karatage.
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Finance News • ⭐️ US & China reach trade deal; US to cut tariffs on Chinese goods to 30% from 145% for 90 days; China to lower tariffs on US goods to 10% from 125% for 90 days. • US President Trump says the US has achieved a "total trade reset" with China this weekend; to speak with China's President Xi "maybe" at the end of the week. • ~$2.2 Trillion added to the US stock market today amid trade deal between the US and China. • Microsoft $MSFT & OpenAI potentially renegotiating their partnership; Microsoft has yet to approve OpenAI's corporate restructuring plans. • Google $GOOGL to pay $1.375B to settle US State of Texas data privacy violations; lawsuit alleged it had collected and used biometric data of millions of Texans without their consent. • Key Events This Week by The Kobeissi Letter.
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