According to Foresight News, Kamino, the Solana ecosystem DeFi protocol, announced that Kamino Season 3 has ended. The snapshot was taken at midnight on May 12th, and a total of 350 million KMNOs will be distributed to users in May, equivalent to approximately $26 million allocated. Season 3 reward inquiry is now online, and the application will take effect in the next few days.
According to Foresight News, Kaito Al disclosed in a post that on February 17th, Kaito signed a market making agreement with Web3Port and voluntarily terminated trading on February 27th. This agreement is one of several market making agreements reached by Kaito around TGE on February 20th, aimed at supporting initial trading price stability. In less than a week, Kaito felt that the execution of Web3Port had deviated from its original intention and quickly decided to terminate the project. This incident occurred before the negative coverage of Web3Port in March and the subsequent exchange investigation. Since TGE, the Kaito Foundation has never sold any KAITO tokens. In fact, the Kaito Foundation has been a net buyer of the token through its ongoing repurchase program.
According to Foresight News, Adrienne Harris, the head of the New York Department of Financial Services, stated at the Consensus 2025 conference that in the absence of a federal framework in the United States, New York's cryptocurrency regulatory system remains a guide for domestic and international regulatory agencies, including Congress. The encryption standards in the state have played a good role in preventing companies such as FTX from entering. New York State has established BitLicense to regulate cryptocurrency companies and has deployed 60 staff members to oversee this work.
