News linked to both this project and an event.
According to GlobeNewswire, cryptocurrency wallet provider Exodus Movement released its April operational data report. After selling over 1,000 BTC from its reserves in Q1 to fund the acquisition of a payment business, the company resumed accumulating BTC, ETH, and SOL in April. Its holdings of all three assets increased compared to the end of March, standing at 629 BTC, 1,872 ETH, and 19,234 SOL. Additionally, Exodus processed $347 million in transactions in April, while its monthly active users remained stable at 1.5 million—nearly unchanged from March.
non-custodial crypto wallet Sorted Wallet has completed a $4.4 million seed funding round, co-led by Tether and Gnosis with a $3.4 million equity investment. Vox Solutions provided an additional $1 million in strategic support, with angel investors including Movement, Angel Invest Group, and the founder of RWA.io also participating. (The Block)
According to The Block, non-custodial crypto wallet Sorted Wallet has raised $4.4 million in seed funding. Tether and Gnosis co-led a $3.4 million equity financing round, while Vox Solutions provided $1 million in strategic support. Angel investors—including Movement, Angel Invest Group, and the founder of RWA.io—also participated in the round.
According to chart analysis released by independent analyst Markus Thielen on May 18, the 30-day moving average of daily net inflows into ETH ETFs over the past year has been highly synchronized with Ethereum’s price movement, making institutional fund flows a core driver of ETH’s price. However, as U.S. 10-year Treasury yields rise above 4.6% and inflation accelerates again, Ethereum’s ~2.5% net staking yield is losing appeal relative to risk-free assets. Since May, ETH ETFs have seen renewed net outflows; if this trend persists, Ethereum’s price is highly likely to remain in a range-bound consolidation pattern.
: Kelp posted on X platform, stating that to ensure the security standards of rsETH and optimize network integration, it will discontinue rsETH cross-chain support for multiple networks after June 15. The affected networks include Optimism, Manta, Mode, Blast, Scroll, X Layer, zkSync, Zircuit, Swellchain, Hemi, Berachain, Sonic, HyperEVM, Unichain, TAC, Avalanche, Plasma Stable, MegaETH, Monad, and Movement.Kelp reminds users holding rsETH on the aforementioned chains to bridge it back to the Ethereum mainnet before June 15. After the deadline, asset recovery can still be requested, but a fee of 100 USDC will be charged per address. Specific procedures will be announced closer to the deadline.
According to Movement’s official blog, Movement has announced the acquisition of Canopy, a treasury infrastructure project, bringing it under internal operations. Canopy is a treasury-layer protocol deployed on the Movement Network; its smart contracts enable users and independent curators to allocate assets and compose strategies on-chain.
According to GlobeNewswire, Exodus Movement—a U.S.-listed cryptocurrency wallet provider and Bitcoin treasury company—has announced a partnership with Ripple to expand native support for the XRP Ledger (XRPL) within its wallet, as well as add in-wallet support for the stablecoin Ripple USD (RLUSD). Users will be able to directly manage and send XRP assets within the wallet.