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Blockchain Report
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All the necessary news about blockchain and crypto market

Arkham monitoring shows address 0x63…4Ff2 (potentially linked to Mantra DAO) burned 21.229M OM tokens (~$132M) to a dead address at 17:47 UTC+8. Total OM tokens burned now at 84.019M, worth ~$524M.

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Japan's Sumitomo Mitsui Financial Group plans a stablecoin with Ava Labs (Avalanche blockchain) & Fireblocks (security). Experiments with TIS begin H2 2025, potential launch next year! #stablecoin #crypto #japan

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QCP Capital sees short-term pressure on risk assets. US tariff policies may lead to market marginalization. Despite rate cut expectations, Fed faces "stagflation," making a hold/hike more likely. Crypto sentiment remains weak, with limited rebound catalysts.

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Ethereum's gas limit increased to 36M in Feb. MEV-Boost blocks use ~3M more gas, causing fuller blocks. Vanilla blocks unchanged. Recovery blocks up 4-6M.

Trade-offs: Hurts local builders, increases liveness risks.

Solutions proposed: EIP-7872, gas usage flag, EIP-7623. Balancing MEV-Boost & local builders.

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Arthur Hayes predicts Bitcoin could hit $250K by year-end, driven by potential Fed easing. He sees $76.5K as the start of the climb, referencing gold's performance. Factors include potential liquidity injections, China's monetary policy, & increased European military spending.

#crypto #blockchain #news #BTC #Bitcoin

Binance will list API3/USDC, AUCTION/TRY, AUCTION/USDC, BANANA/USDC, GUN/USDC, QNT/USDC, and THETA/USDC spot trading pairs on April 3, 2025, at 16:00 (UTC+8), according to an announcement.

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Backpack cracking down on Sybil attacks! 🚨 Fake accounts detected during points distribution. Multiple accounts = points redistribution & consequences. 🚫 Backpack rewarding genuine users. Manual/API traders, you're good! 👍

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Large BTC options trade spotted by Greeklive: $100M in puts expiring April 2025, $60K strike. Deeply out-of-the-money, suggesting hedging against extreme downside risk, not speculation. Increased institutional put positions indicate bearish sentiment for April.

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Overnight crypto flash crash! 🚨 LEVER/USDT plunged >28% (down 36% in 24h). MASK/USDT dropped >29% (down 33% in 24h). ACT now $0.067 (-64% in 24h), DF at $0.05 (-36% in 24h). Other tokens like ACT and TST also saw big drops between 0:00-4:00 UTC. #crypto #flashcrash

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China's central bank is overhauling its credit system! Expect a multi-level approach covering all societal needs, with a focus on tech, inclusive finance, and green initiatives. More big data, AI & blockchain will boost accuracy. Strict data protection is a priority. #China #Fintech #CreditSystem

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Binance launches "Binance Seeds" to grow crypto talent! 🌱 Offers 3-6 month internships & full-time roles in product, marketing, & engineering. Get hands-on experience, career support, remote options, fitness benefits & competitive pay. #Binance #CryptoJobs #Internship

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Hong Kong Web3 Carnival (Apr 6-9)! Wanxiang Blockchain Labs & HashKey Group host this 4-day event at the HK Convention & Exhibition Centre. Includes ETH Asia stage on Apr 9 with Dr. Xiao Feng & Vitalik Buterin! #Web3 #HongKong #Ethereum

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Asphere (Ankr's enterprise arm) launched a no-code L3 blockchain deployer for Frax! This simplifies creating new L3 networks on Fraxtal's modular EVM L2, opening up DeFi & stablecoin opportunities. No more complex blockchain development!

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Sony Singapore now accepts USDC payments on its online store via Crypto.com! 🎉 This is Sony's first direct crypto payment integration in the region. More cryptocurrencies are planned for the future. Sony's been increasing its blockchain involvement, launching the Soneium Ethereum Layer-2 network earlier this year. #crypto #web3 #sony

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Scroll's Ye Zhang: Taxing Layer 2s hurts Ethereum's future. It prioritizes short-term revenue over long-term growth & platform neutrality. ETH's value lies in supporting rollups, not fees. Taxing L2s risks pushing them to alternatives. Focus should be on upgrades like increased blob capacity for better data availability.

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Bitcoin Policy Institute proposes a "Bitcoin Bond" for the U.S. to tackle the $36T national debt. The plan suggests allocating 10% of bond proceeds to Bitcoin, potentially saving billions and reducing the debt burden. #Bitcoin #debt

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Ethereum ETFs saw $3.58M in net outflows on April 1st, per SoSoValue. 21Shares' CETH had the largest inflow ($1.72M), while Grayscale's ETH saw the biggest outflow ($2.7M). Total net assets: $6.54B. ETF net asset ratio: 2.83%. Historical cumulative net inflow: $2.41B.

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Bitcoin spot ETFs saw a $158M net outflow on April 1st (SoSoValue). BITB had a $24.53M inflow, while ARKB saw an $87.37M outflow. Total net asset value: $95.45B, 5.64% of Bitcoin's market cap. Cumulative net inflow: $36.02B.

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Bitcoin spot ETFs saw $158M net outflow on April 1st (SoSoValue). BITB had $24.53M inflow, ARKB $87.37M outflow. Ethereum spot ETFs hold $6.54B, with a 2.83% net asset ratio and $2.41B cumulative inflows.

#crypto #blockchain #news #BTC #Bitcoin

UK trade groups are pushing the government to prioritize crypto & blockchain! They're proposing a crypto envoy, action plan, & industry forum to boost the UK economy by £57B over the next decade. They also urge the FCA to speed up actions to keep pace with Dubai & Singapore. #crypto #blockchain #UK

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