The developers also discussed an update to EIP-4788 that would allow smart contract applications on EL to verify proofs of CL state, which would facilitate improved trust assumptions for decentralized staking pools, restaking protocols, MEV applications, and more.

In addition, the developers talked about the security improvement proposal, the "permanently valid signed voluntary opt-out" proposal dapplion, and updated the "Node Confirmation Rules" PR #3339 under the consensus specification repository.

Biden also said he would continue discussions with congressional leaders on the debt ceiling in the coming days until an agreement is reached. He is expected to hold a press conference on the 21st local time to discuss the issue. Biden reiterated that the United States will not default on its debt.

Earlier on May 1, U.S. Treasury Secretary Yellen said that the U.S. government may default on its debt for the first time in history as early as June 1.

In addition, it is reported that Do Kwon has not yet been released from prison and is being held in a detention center on the outskirts of Podgorica, and the bail has not yet been paid. to stand trial.

It is reported that during the trial held on the 11th, the prosecution strongly opposed the bail of 400,000 euros, saying that these bails were too small compared to Do Kwon's property, so there was a risk of escape.

Treasuries, along with other reserves in the cash and cash equivalents category (such as overnight repos, term repos, money market funds, cash and bank deposits) accounted for nearly 85%, the highest level on record. In addition, Tether also reduced its bank deposits from US$5.3 billion to US$481 million in the first quarter, which is a reduction of more than 90%, in order to reduce the counterparty risk faced by Tether.

According to previous news on May 10, Tether’s Q1 net profit in 2023 was US$1.48 billion, and excess reserves reached US$2.44 billion; Tether included other categories in its reserve report for the first time, of which gold and Bitcoin accounted for 4% and 4% of total reserves respectively. About 2%.

Office Hours is the first part of the Builder Success Program. For the first time, Office Hours will focus on projects in the Asia-Pacific region. Europe, the Middle East, Africa and North America will be launched soon.

M11 Funds flagship product, The M11 Liquid Token Fund, started trading on April 30. Its goal is to achieve an average annualized return of more than 20% over three years, and the fund plans to raise $50 million by the end of the year.

According to reports, the project can use ERC721-C to control the transfer of NFT between wallets, and at the same time can force royalties to ensure that NFT creators receive royalties, and can perform programmable payments, splits, derivatives, etc. ERC721-C is compatible with various token types, including ERC721, ERC721-A, AdventureERC-721, and ERC1155. It also has smart contract whitelist options and functions, and is open source.

Limit Break has yet to determine how it plans to use ERC721-C in its own NFT project, DigiDaigaku. ERC721-C is currently open source.

According to Google's internal documents, at this conference, Google will launch its latest and most advanced general-purpose large-scale language model PaLM 2. PaLM 2, which covers more than 100 languages, has been running inside Google under the codename "Unified Language Model." It is capable of performing a wide range of coding and math tests, as well as creative writing tests and analysis.

Google first announced its PaLM language model in April 2022. In March, the company launched an API for PaLM alongside a set of AI enterprise tools it says will help companies "generate text, images, code, video, audio, and more from simple natural language prompts." .