Bitget completed transaction rollbacks & account recovery after trading irregularities. Processing compensation for contract losses. Some users reported incorrect fees/P&L after rollback. Bitget is doing a secondary review to address these. $1M BGB airdrop for affected users! #Bitget #Crypto
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Whale on HyperLiquid sees over $4.84M unrealized profit on a 3x long FARTCOIN position as it breaks $1 (via @WuBlockchain). But same address also has a 20x short on SOL with ~$471K unrealized loss. High risk, high reward!
#crypto #blockchain #news
Binance money laundering lawsuit moved to Florida! Judge ruled the case overlaps with a similar one already filed there. Crypto investors allege stolen funds were laundered through Binance. #Binance #Crypto #Lawsuit
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OKX will delist the USDT spot trading pairs for KISHU, MAX, MILO, MXC, and SSWP between 08:00 and 10:00 (UTC) on April 29, 2025, according to an announcement. Deposits for these tokens were suspended on April 22, and withdrawals will be halted starting July 29.
#crypto #blockchain #news
Law firm warns Metaplex: Don't transfer unclaimed SOL ($7.3M) to its DAO treasury! Burwick Law says the plan could spark lawsuits. They urge Metaplex to halt the transfer and return 90% to NFT holders, keeping 10% for maintenance. Metaplex planned to move SOL from un-optimized NFT accounts. #Solana #NFT #Metaplex #DAO
#crypto #blockchain #news
Gibraltar court unfreezes 542M PLAY tokens ($2.6M), citing insufficient evidence in Ready Games' claim that CEO illegally took over. The tokens represent ~2/3 of circulating supply. PLAY's value has dropped 97% since Dec '23 launch. (via Cointelegraph)
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Bithumb to spin off non-exchange biz into "Bithumb A" by July 2025 to boost efficiency & prep for IPO! 🚀 Aiming for local listing this year, considering Nasdaq too. Bithumb reported a $110M profit last year, up 560%! 💰 #crypto #Bithumb #IPO
#blockchain #news
According to Onchain Lens, Alameda Research has deposited 9 million USDT to Binance via Wintermute OTC. Over the past four days, Alameda Research has transferred a total of 18.5 million USDT to Binance and Coinbase.
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HK to launch 2nd public consultation on regulating over-the-counter (OTC) virtual asset transactions. Legislator Duncan Chiu urges using licensed exchanges due to rising fraud. Claims of being a "licensed OTC dealer" are currently misleading as no licenses have been issued yet.
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JD.com's stablecoin is in "sandbox" testing in Hong Kong, per VP Shen Jianguang. Aiming for global launch to boost supply chain & cross-border payments. Compliance is key in each jurisdiction. Shen sees stablecoins as viable. #stablecoin #JDcom #HongKong #fintech
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Ethereum spot ETFs saw $25.42M in net outflows on April 21, per SoSoValue. No inflows across all 9 ETFs. Grayscale's ETHE had the biggest outflow at $25.42M, bringing its total net outflow to $4.27B.
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$381M flowed into Bitcoin spot ETFs on April 21, per SoSoValue. All 12 ETFs saw inflows, with ARKB (Ark/21Shares) leading at $116M. ARKB's total net inflow now exceeds $2.6B.
#crypto #blockchain #news #BTC #Bitcoin
Hyperliquid moving to 21 permissionless validators! 🚀 Anyone can register a node; top 21 by stake become active. 10,000 HYPE self-delegation required (1-year lock, non-refundable). Testnet recommended. Delegation Program coming soon to support validators! #Hyperliquid #Validators #DeFi
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Whale alert! 🐳 @ai_9684xtpa reports a TRUMP token profit-taker ($5.3M) just dropped 3.073M USDC on 3.36M FARTCOIN in the last 8 hrs. Avg price: $0.9134. FARTCOIN +12% in 24h, now at $1. Whale's already up $291K! 📈
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Zora Coins drama! Jesse Pollak (Base) touted record users, but ZachXBT called them "viral" with low market caps. Pollak admits most content is "worthless" but defends on-chain creation. ZachXBT questions creators issuing tokens for low-value content & misleading marketing. #web3 #crypto
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Oregon's Attorney General is suing Coinbase, alleging illegal sales of "crypto securities" to state residents. The suit covers 31 tokens, including AAVE, UNI, LINK, and XRP - more than previous SEC cases. Coinbase calls the claims "without merit."
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WazirX's fate hinges on a Singapore court hearing May 13! They're seeking approval to restart & compensate users after last year's $234M hack. If approved, withdrawals could resume within 10 days. An Indian court previously dismissed a similar lawsuit. (via Cointelegraph)
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BNB Chain completes its 5th TVL incentive program, supporting restaking & LST/LRT ecosystems! 🎉 Kernel, Aster, YieldNestFi, Tranchess, & Lista get delegated staking (1-5%) based on TVL. Rewards in BNB/WBNB coming within 10 days! Staking support lasts 1-3 months. #BNBChain #DeFi
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Vitalik's Pumpfun critique sparks debate: Is crypto about user-friendliness or values? Solana's meme coin shift raises questions about its original vision. Is it politics over product-market fit? Vitalik's a consistent "missionary," but his ideas aren't mandates! #crypto #Pumpfun #Solana
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OM token issues & market maker scrutiny. Should Binance step in? Industry needs to reveal market-making deals (terms, side letters) for transparency. This could curb inflated volume & boost legit projects. Regulation might be needed for real change. More in the full article.
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