bay

According to market news, eBay has rejected GameStop's acquisition offer of approximately $56 billion, stating that it is "neither credible nor attractive."Previously, on May 4, GameStop proactively proposed to acquire the online trading platform eBay for about $56 billion. GameStop's CEO Cohen stated that the company holds about 5% of eBay's shares and proposed to acquire it for $125 per share in cash and stock. If eBay does not accept this proposal, Cohen is prepared to initiate a proxy battle and submit the proposal directly to shareholders.

According to CoinDesk, the floor price of Bored Ape (BAYC) NFTs has risen from about 5 ETH to over 10 ETH in the past month, while ApeCoin (APE) has also rebounded from below $0.1 to about $0.16 during the same period, with trading volume significantly increasing.At the same time, frequent security vulnerabilities in the DeFi sector and a continuous decline in yields have prompted some funds to shift towards the NFT market. The trend of NFT financialization is also heating up, with a recent $2.8 million loan transaction collateralized by a CryptoPunk attracting widespread attention, with the lender expected to earn about $138,000 in interest within 90 days. Blue-chip collections like Pudgy Penguins have also strengthened, further boosting market sentiment regarding the potential token issuance by OpenSea.

The Financial Secretary of Hong Kong, Paul Chan, published a blog post in which he pointed out that the Guangdong-Hong Kong-Macao Greater Bay Area possesses three capabilities: cutting-edge artificial intelligence research and development, a complete high-end manufacturing chain, and an international financial hub.Paul Chan stated that this "AI + manufacturing + finance" triple advantage allows Hong Kong to play two major roles during the 14th Five-Year Plan period: industrial synergy and regulatory alignment, including serving as the "international interface" for emerging industries landing in the Greater Bay Area, as well as being a "communication and conversion platform" for mutual reference between national standards and international standards.

According to a screenshot posted by GameStop CEO Ryan Cohen on social media, just two days after he proposed to acquire eBay for $56 billion, his personal platform account was permanently banned by eBay. The reason given was that "some of the user's activities are posing a risk to the eBay community."

According to the Wall Street Journal, GameStop will offer $56 billion to acquire eBay.It is reported that GameStop CEO Ryan Cohen stated that GameStop currently holds about 5% of eBay's shares and has proposed to acquire eBay with a combination of cash and stock at $125 per share, which is about a 20% premium over eBay's closing price last Friday.

According to informed sources, GameStop CEO Ryan Cohen is planning to make a takeover bid for the e-commerce platform eBay, which has a market value of about $45 billion, with the aim of transforming it into a retail giant worth over $100 billion, while GameStop itself currently has a market value of only about $11 billion.After the news broke, eBay's stock price surged over 10% in after-hours trading, while GameStop rose about 5%. Sources also revealed that GameStop has quietly increased its stake in eBay and may submit a bid as early as later this month. If the eBay board rejects the offer, Cohen may launch a tender offer directly to eBay shareholders.Cohen made it clear earlier this year that he is looking for significant acquisition targets in the consumer and retail sectors, attempting to expand the company's business beyond video games and collectibles. He recently adjusted the compensation plan, which could allow him to earn up to $35 billion in stock returns if the company's market value reaches $100 billion and other conditions are met.As of the end of March, GameStop held about $9 billion in cash, a significant increase from $4.8 billion in the same period last year, providing ammunition for this "snake swallowing elephant" acquisition. eBay's stock price has risen over 50% in the past 12 months, and in February of this year, it acquired the second-hand fashion platform Depop for $1.2 billion, indicating that its core strategy focusing on collectibles and fashion is beginning to show results.GameStop investor Michael Burry, the real-life inspiration for the movie "The Big Short," has also publicly called for the company to use its cash reserves for transformative acquisitions. Since joining the board in 2021 and becoming chairman, Cohen has garnered a large following of enthusiastic supporters due to his commitment to turning the company around, and he is expected to leverage the massive online fanbase to generate momentum for this deal.

According to the OpenSea page, 2 hours ago a user named FilmStar spent 35 ETH to purchase 2 BAYC, worth $81,500, among which BAYC#5617 was sold for 10 ETH, and BAYC#4593 was sold for 25 ETH. The address currently also holds 1.3 million USDC. Some users speculate that this user may be a popular music star from South Korea.

According to data monitoring by CryptoSlam, the trading volume of NFTs on the Ethereum chain reached $3.934 million in the past 24 hours, an increase of 72.78%. The trading volume of BAYC exceeded $1.45 million, with a 24-hour increase of 266.35%; Countyard's trading volume was about $980,000, with a 24-hour increase of 88.1%.In addition, NFT trading on the Ethereum chain has surged significantly, with the trading volume now exceeding $55 million, surpassing the trading volume of about $37.095 million in March.

Singapore Gulf Bank (SGB) announced the launch of stablecoin minting and redemption services, allowing businesses and high-net-worth clients to directly convert between fiat currency and stablecoins through SGB accounts, achieving real-time settlement around the clock without relying on traditional intermediary banking processes.This service is integrated into SGB's proprietary clearing network SGB Net, supporting seamless flow of funds both on-chain and off-chain. The first supported stablecoin is USD Coin (USDC), with a minimum transaction amount of $100,000, and it will subsequently support USDT, USDe (Ethena), and Global Dollar (USDG).

According to official news, Aster announced the launch of the Marina Protocol (BAY) perpetual contract, and trading will allow participation in sharing a reward of 50,000 USD in ASTER tokens.BAYUSDT launch time: April 8, 20:00 UTC+8;Reward pool: worth 50,000 USD in ASTER tokens;Activity period: April 8, 20:00 UTC+8 to April 15, 22:00 UTC+8;During the activity period, the BAYUSDT perpetual contract enjoys a 1.2x bonus;The reward calculation rule is based on the proportion of the user's trading fees generated in the BAYUSDT perpetual contract, with the reward = total reward pool × (user trading fees ÷ total trading fees of all eligible users), with a single user cap of 3%. Qualification requirements state that total trading fees must exceed 5 USD, and rewards for amounts below 1 ASTER will not be issued.

According to CoinDesk, despite several digital art projects being showcased at the Art Basel in Hong Kong, the overall performance of the NFT market remains weak, with no significant signs of recovery.Specifically, the listing price for Bored Ape #5278 from the "Bored Ape" series is currently only 7 ETH, down more than 100 ETH from its last transaction price, reflecting a significant pullback in the valuation of top NFT assets. Once regarded as a rapidly emerging asset class, the NFT art market has notably cooled, with both liquidity and price performance under continued pressure.

According to CoinDesk, the American pharmaceutical company NovaBay Pharmaceuticals announced its name change to Stablecoin Development Corporation and changed its stock ticker from NBY to SDEV, marking its shift from the medical field to cryptocurrency and stablecoin development.The company previously completed a $134 million private placement and established a holding of SKY tokens, currently holding approximately 2.06 billion SKY, accounting for about 8.78% of the total supply. The company has begun staking its SKY tokens and has currently earned approximately 26.6 million in rewards.

According to the official announcement, Gate DEX BountyDrop has launched the YieldBay airdrop event. Users can enter the BountyDrop module to participate in tasks through the "Events" page on Gate DEX. Among all participants who complete the tasks, 1,000 participants will be randomly selected to share $15,000 YBAY.In addition, Gate DEX officially launched the "Gas-Free Spring Month" special program from February 26, 18:00 to March 26, 18:00 (UTC+8). It is reported that for new wallet users who create or import wallets within 7 days, Gate DEX offers 3 full-process gas-free benefits covering sending, authorization, and trading. Existing users can also regularly receive 15 advanced gas-free opportunities each month. Furthermore, during the event period, there is a special enhancement for the "First Recharge Subsidy" benefit. Users who recharge 5–100 USDT to the gas station for the first time will have the related on-chain fees fully subsidized by the platform, even if there are no native tokens in their wallets.Gate DEX is an industry-leading multi-chain crypto platform, providing a one-stop connection to over 100 public chains, millions of assets, and thousands of DApps, offering a professional-grade DEX experience and the best solutions for every DEX need. BountyDrop is a dedicated earning activity section in the discovery page of Gate DEX, where users have the chance to win rewards or participate in a lottery to obtain airdrop tokens by completing simple tasks.

According to the token unlocking data from the Crypto asset data platform RootData, Marina Protocol (BAY) will unlock approximately 26.58 million tokens on February 28 at 10:00 AM Beijing time, worth about 1.02 million USD.

Singapore Gulf Bank (SGB) has announced an upgrade to its multi-currency real-time clearing network SGB Net, adding stablecoin settlement capabilities. Institutional clients will be able to trade, mint, convert, hold, and transfer stablecoins, including Circle's USDC and Tether's USDT, within a single regulatory infrastructure, with these stablecoins operating on blockchains such as Ethereum and Solana.SGB CEO Shawn Chan stated: "Stablecoins have become the working capital of the digital asset economy, but managing them remains overly complex." This upgrade positions SGB as the default bank for managing fiat and multiple stablecoins within a single regulatory infrastructure. The bank currently processes approximately $2 billion in fiat transaction volume each month.The service includes compliance checks such as KYC, KYB, and AML, with digital asset custody and trading security provided in partnership with Fireblocks. According to DefiLlama data, the current total market size for stablecoins is approximately $304.9 billion. The network is expected to be open to clients in the first quarter of 2026. Singapore Gulf Bank is supported by Whampoa Group and Mumtalakat and is regulated by the Central Bank of Bahrain.

According to the token unlocking data from the crypto asset data platform RootData, Marina Protocol (BAY) will unlock approximately 46.58 million tokens at 10:00 AM Beijing time on January 30, worth about 1.35 million USD.

According to the official announcement, Binance will hold a BNB Smart Chain trading competition from November 27, 2025, 00:00 to December 11, 2025, 00:00. Users trading Marina Protocol (BAY), Janction (JCT), and Datagram Network (DGRAM) on the Binance Alpha platform can share a reward pool equivalent to $1.6 million.During the event, the first 8,500 users will receive rewards in BAY, JCT, and DGRAM based on their trading volume. For specific reward distribution, please pay attention to the event page.

Bitget launches a new VIP exclusive PoolX, locking up BTC to unlock 1,320,000 BAY, with a maximum lock-up limit of 20 BTC. The lock-up channel deadline is November 8 at 18:00 (UTC+8).In addition, users who participate in BTC subscription and have a positive net recharge will also receive a 5% BTC wealth management interest coupon, with the net deposit open until November 6 at 16:00 (UTC+8).