⚡️ News Flash - 6 May 2024 !

1️⃣ GNUS Discord Hack Results in $1.27M in Losses
On May 5, the Genius (GNUS) artificial intelligence network fell victim to a token-minting exploit, resulting in approximately $1.27 million in losses. In response, the GNUS team announced the development of a new token version and advised users against purchasing the old token.

2️⃣ iMe Smart Platform Integrates Manta Network into iMe Wallet
iMe Smart Platform Announces Manta Network Integration in iMe Wallet, Enabling Scalable Crypto Transactions via Wallet Addresses, QR Codes, and Telegram Chats in Two Clicks

3️⃣ Omnia Protocol to Conduct OMNIA Token IDO on ChainGPT Pad on 9 May
Omnia Protocol is launching its OMNIA token IDO on ChainGPT Pad on 9 May. The token price is $0.35, with a total raise of $700K and an initial market cap of $210K. The diluted valuation is $35M, with vesting terms of 15% at TGE, a one-month cliff, and linear vesting over eight months. Omnia Protocol focuses on dePIN and aggregation as an RPC provider.

4️⃣ Binance Urges Users to Convert BIDR to Other Currencies by August 20, 2024
Binance is discontinuing support for BIDR products and services, with delistings starting May 10 and ending May 17, 2024. Users should trade or convert their BIDR assets before these dates. Any remaining BIDR balances after August 20, 2024, will be automatically converted to FDUSD.

5️⃣ Jack Dorsey's Block Plans to Raise $1.5B in Senior Notes Offering
Block, formerly Square, intends to issue $1.5 billion in senior notes through a private placement to qualified institutional investors. The specific terms of the notes, such as interest rates and maturity dates, will be negotiated with initial purchasers. Eligible investors include pension funds, banks, mutual funds, and high-net-worth individuals.