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PANews reported on May 6 that MYX Finance has officially launched a community airdrop event to reward early supporters and ecosystem contributors. The total allocation for this airdrop accounts for 14.7% of the total token supply, with the first phase distributing 6.7% (approximately 67.036 million $MYX). The tokens are issued on the BNB Chain, ensuring fast transactions and low fees. The airdrop will be released in multiple phases, with the first phase initially releasing 30%, and the remaining 70% will be released linearly over the next 5 months. Users must claim their tokens within 90 days after each release, or the unclaimed tokens will be returned to the project treasury. BMYX holders will receive their allocation directly without any additional actions required.

The cryptocurrency and stock trading platform eToro has announced details of its upcoming IPO in New York, aiming to raise up to $500 million and achieve a valuation of $4 billion. The offering includes 10 million Class A common shares, priced between $46 and $50 per share. According to the announcement released on Monday, eToro will offer half of the issuance, with the remaining 5 million shares held by existing shareholders. The platform also allows underwriters to purchase an additional 1.5 million shares within 30 days to cover any over-allotments. Goldman Sachs, Jefferies, UBS Investment Bank, and Citigroup are leading the underwriting, with additional support from Deutsche Bank Securities, Cantor, and BofA Securities.