Sen. Lummis suggests Bitcoin as a strategic reserve to potentially cut debt. "If you purchase or convert liquid assets into Bitcoin and hold it for 20 years...this could cut debt in half," Lummis stated, per Cointelegraph.
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Scallop generated $1.56M in fees in the last 30 days (via DefiLlama)! Over 34M SCA tokens are locked for an avg of 3.74 years - 1/3 of circulating supply. Growth boosted by Binance Wallet campaigns & WAL launch. Binance Wallet Simple Yield ends in 3 days!
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According to SoSoValue data, Bitcoin spot ETFs saw a net inflow of $15.85 million during the trading week of April 14th to April 17th (Eastern Time). BlackRock's IBIT led with a weekly net inflow of $186 million, bringing its total historical net inflow to $39.75 billion.
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Ethereum spot ETFs saw $32.17M net outflow this week (Apr 14-17), per SoSoValue, marking the 8th straight week of outflows. Grayscale's ETHE led the way with $18.77M outflow, bringing its total to $4.24B.
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Web3 in the East: More users than partners? 🤔 Hong Kong Web3 conference hints at Western chains targeting Eastern users. Are RWA projects the new PPT scams? 😬 Bear markets build! Focus on user needs, tech, & market share, not hype. 🚀 More insights inside!
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Bybit CEO reports on the $1.4B (500K ETH) hack: 68.57% of funds are traceable, 27.59% untraceable, and 3.84% frozen. Much of the stolen ETH was bridged to Bitcoin via Thorchain and mixed via Wasabi. #cryptocurrency #securitybreach
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Arkham data: Etherfi distributed 17.176M ETHFI (~$8.28M) to 20 investors at 9:55 AM (UTC+8). Two addresses got over $1M each: 0x84...03A5 (3.507M ETHFI, ~$1.69M) & 0xBb...A5Fc (8.13M ETHFI, ~$3.92M).
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Metaplanet acquired 330 BTC at ¥12.18M (~$86,517) each, totaling ¥4.02B (~$28.23M). Their holdings now: 4,855 BTC, purchased for ¥62.165B (~$436M).
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Wallet withdrew 2.9M OM tokens from Binance a month ago at $6.46 ($18.7M). 14 hrs ago, deposited 1.72M OM back (worth ~$1M). Potential loss of ~$17M. #crypto #OM
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Token unlocks next week! 🚨 Big single unlocks ($5M+) for VENOM & ALT. Linear unlocks ($1M+/day) for SOL, WLD, TRUMP, TIA, DOGE, TAO, AVAX, SUI, DOT, IP, JTO. Total: >$235M. (via @WuBlockchain/@Tokenomist)
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CryptoPunk 741 sold for 317 ETH! rockefellercap.eth sold to 0x6c...3cdf, netting a 47 ETH profit since buying in May '24 for 270 ETH. But with ETH's price drop, they actually took a ~$290k loss. Ouch! #CryptoPunks #NFTs
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Raydium's LaunchLab launched 3,760 tokens since April 16th, with 42 (1.12%) making it to external exchanges, per @_maditim. Pump Fun now drives over 60% of daily token creation on Solana. #Solana #DeFi
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India's Supreme Court rejected a plea for a criminal probe into WazirX, Binance & others related to the $230M+ hack. The court stated crypto regulation is up to the government. WazirX's restructuring plan aims to return 85% of unhacked funds. #crypto #India #WazirX
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Wu Shuo reports Powell said tariffs could hit the US economy harder than expected. Bank of Canada warned of a recession in a trade war. This week: Fed Beige Book & PMI data in focus. #economy #tariffs #fed
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Vitalik proposes replacing Ethereum's EVM with RISC-V architecture! 🤯 This could boost scalability & efficiency, reducing proof costs. The plan includes converting existing EVM contracts to RISC-V while maintaining compatibility. #Ethereum #RISCV #VitalikButerin
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Bitget suspended some accounts due to suspected market manipulation, planning to rollback abnormal transactions within 24 hours. Controversy arose. Users who lost money trading VOXELUSDT contracts between 16:00-16:30 (UTC+8) on April 20 may be eligible for compensation.
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IOSG: Web3 consumer apps need more than privacy to win! High user retention in a niche is key for investment. Look for strong teams with tech skills & market awareness. Bullish on Web3 social, on-chain trading tools, & payment apps. Expect more Hyperliquid-like platforms challenging CeFi. #Web3 #crypto #DeFi
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OpenSea is set to integrate Solana, Raydium has launched its token launch platform LaunchLab, and KiloEx has reported a security breach, according to Wu Shuo.
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Bitget is investigating unusual VOXEL/USDT trading activity after community reports. Trading & withdrawals are normal, but some users may face restrictions due to risk control. VOXEL's 24h volume briefly surpassed Bitcoin's. #Bitget #VOXEL
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French Finance Minister warns that firing Fed Chair Powell would hurt the US economy and dollar's credibility. Lombard says it could increase debt costs & destabilize markets. This follows Trump's calls for Powell's removal over interest rate policy.
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