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Blockchain Report
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All the necessary news about blockchain and crypto market

Ethereum spot ETFs saw $38.79M net outflow on April 10, marking 3 days of outflows (SoSoValue). Fidelity's FETH led the way with $36.01M outflow, the largest single-day loss among spot ETFs. FETH's total net inflow is $1.37B.

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Bitcoin ETFs saw a $150M net outflow on April 10, per SoSoValue, marking 6 straight days of outflows. Fidelity's FBTC led the pack with a $74.63M outflow, despite its $11.405B total net inflow.

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BNB Chain testnet's Lorentz hard fork SUCCESS! 🎉 Block times slashed to 1.5s, boosting speed & efficiency! opBNB: 0.5s, BSC: 1.5s. Mainnet upgrades on April 21st & 29th. Maxwell upgrade (0.75s blocks!) planned for June 2025! 🚀 #BNBChain #Blockchain

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According to Onchain Lens, a whale deposited 1,500 BTC, valued at $120.29 million, to Binance 14 minutes ago. The whale still holds 1,486 BTC, worth $119.76 million.

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According to data from Token Terminal, Ethereum dapps generated $1.014 billion in fees in Q1 2025. Base dapps followed with $193 million, while BNB Chain dapps generated $170 million. Arbitrum dapps produced $73.8 million in fees, and Avalanche C-Chain dapps generated $27.68 million.

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Early Ethereum investor @ai_9684xtpa (2015 ICO participant, holding 100K ETH) sold 4,180 ETH since April, netting ~$7.05M. They also deposited 664 ETH to Kraken. Initial ETH cost: $0.31. Estimated gain from recent deposit: ~$1.01M.

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Plastic Labs raises $5.35M pre-seed led by Variant, White Star Capital, and Betaworks, with Mozilla Ventures & others participating. They've also launched early access to Honcho, their AI identity platform! #web3 #AI

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Web3 security firm Fuzzland's co-founder, Chaofan Shou, has warned users of a potential vulnerability in the front-end (Bundler3) of the Morpho lending protocol via a post on X. Shou advised caution and urged users to avoid interacting with the platform due to the identified risk.

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Secured Finance is launching USDFC, a Filecoin-based stablecoin! 🚀 Alpha (minting/liquidity) in March 2025, Beta (community testing) in April 2025, and full launch (pending regulations) in May 2025. #Filecoin #stablecoin #USDFC

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Towns, a decentralized communication protocol, raised $10M in Series B funding led by a16z crypto, with Coinbase Ventures joining and Benchmark continuing their investment. Towns is building on-chain communication tools for Web3 social and collaboration. #web3 #crypto

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Vitalik proposes a simpler roadmap for Ethereum L1 privacy! 🛡️ Focus: user privacy without consensus changes. Key areas: payments, app activity, read privacy & network anonymity. Solutions: Railgun, "one address per app," FOCIL/EIP-7701, & TEE/PIR. Goal: less metadata leakage! #Ethereum #Privacy

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South Korea gives crypto exchanges more time to comply with the Credit Information Act, extending the deadline to Dec 1, 2025. Transaction info is now "credit information." No penalties for violations during the transition unless willful misconduct or gross negligence is involved.

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Silk Road founder Ross Ulbricht, recently pardoned by Trump, will make his first public appearance at the Bitcoin conference in Las Vegas. "I'm excited," Ulbricht stated.

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Arizona passes HB 2342, the Bitcoin Mining Rights Bill! ⛏️ The bill protects Bitcoin miners & node operators from zoning restrictions. Passed Senate 17-12, now heads to the governor. #Bitcoin #Arizona #Mining

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According to Arkham data, an NFT trader sold their CryptoPunk Alien NFT for 4,000 ETH (approximately $6 million). The NFT was purchased a year ago for 4,500 ETH (around $16 million), resulting in a loss of $10 million.

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According to Onchain Lens, an early Ethereum whale address has sold off a portion of its holdings for the first time in a decade, exchanging 9,514 ETH for $14.04 million USDC. The address still holds 29,066 ETH, valued at approximately $44.33 million.

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FTX founder Sam Bankman-Fried (SBF) has been moved to Victorville Medium II FCI in California, per BOP records. Decrypt reports the medium-security prison is known for violence and nicknamed "Victimville" by inmates. #SBF #FTX

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Nasdaq wants to list VanEck's Avalanche (AVAX) spot ETF, filing with the SEC. This follows VanEck's initial proposal and a similar move by Grayscale. Bloomberg analysts predict AVAX ETF approval by year-end, and a DOGE ETF possibly by mid-October (per Decrypt).

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The New Hampshire House of Representatives has passed a bill allowing the state treasurer to invest up to 5% of state funds in digital assets, according to Bitcoin Magazine. Currently, only Bitcoin meets the bill's requirement of a $500 billion market capitalization.

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Trump overturns Biden's crypto tax rule requiring "hosting brokers" to report user data to the IRS. The rule, impacting front-end service providers, was passed by Congress. #crypto #tax #politics

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