aelf (@aelfblockchain): 🌊aelf Ventures Weekly News Highlight: 2 May 2025💡

🌊aelf Ventures Weekly News Highlight: 2 May 2025💡 1️⃣Movement Foundation and Web3Port Accused in $38M MOVE Token Dump Scandal @movementlabsxyz (MOVE) is under scrutiny following allegations of a $38M token dump orchestrated through a controversial deal with @Web3Port_Labs. Internal documents reveal that 66M $MOVE tokens were liquidated on the same day the token launched on @binance, causing its value to nosedive. The Foundation allegedly believed that Rentech, the recipient of over 5% of total MOVE tokens, was a subsidiary of Web3Port. However, this was inaccurate, and dubious contract stipulations allowed Rentech to liquidate its tokens once the FDV exceeded $5B. Rentech reportedly split the profits 50/50 with the Movement Foundation, incentivizing a pump-and-dump scheme. This controversy has sparked significant backlash, raising questions about the ethics of market-making practices in the #Web3 space. 2️⃣Mastercard Expands Global Stablecoin Payments with End-to-End Capabilities @Mastercard has unveiled a comprehensive #stablecoin payments solution to seamlessly integrate stablecoins into everyday financial systems. Partnering with industry leaders like @okx, @circle and @MetaMask, Mastercard’s new approach spans wallet enablement, merchant settlement and on-chain remittances, benefitting both consumers and businesses. Having strong partnerships with industry leaders, Mastercard is creating a robust ecosystem to power stablecoin adoption at scale, paving the way for the future of digital payments. 3️⃣Worldcoin Launches US Identity Platform and Partners with Visa and Tinder World has launched its #blockchain-based identity verification platform in the US and has announced key partnerships, including: 🔹@Visa: Developing the World Visa Card, supporting payments in $WLD and other digital assets. 🔹@Tinder (via Match Group): Piloting World ID to boost profile authenticity on dating apps. 🔹Collaborations with @Kalshi (prediction markets) and @MorphoLabs (#decentralised lending). Despite challenges in Europe over privacy concerns, the US expansion reflects a clear regulatory shift toward enabling cutting-edge #AI and blockchain solutions. 4️⃣Ethena x TON Brings USDe and DeFi Features to Telegram Users @ethena_labs has partnered with @ton_blockchain to integrate USDe and yield-generating sUSDe directly into the @telegram ecosystem, enabling Telegram’s global user base to access #DeFi tools seamlessly within the app. Ethena will also extend its integration to TON-compatible wallets, such as @tonkeeper and TON Space, enabling broader DeFi engagement like lending, trading and saving. Future plans include adding payment options via debit cards and Apple Pay, allowing users to spend tsUSDe rewards on real-world purchases. Seeing the success of messaging platform-integrated finance, this partnership could greatly expand TON’s DeFi ecosystem and deliver powerful on-chain tools to Telegram users globally.