DWF Labs Partner: Four projects contacted us yesterday and will allocate $16.5 million to repurchase tokens
Andrei Grachev, a partner at DWF Labs, posted on the X platform stating that four projects contacted us yesterday. DWF Labs will allocate $16.5 million to repurchase tokens from the market. Once completed, the on-chain proof will follow.
Did Bitcoin Top Yet? Declining Interest Signals Crypto Euphoria May Be Delayed
The firm notes that the anticipated excitement for this market cycle has not materialized yet. A significant observation is the continuous decrease in Google search interest for cryptocurrencies. Compared to previous market peaks, search trends for cryptocurrencies are significantly lower, indicating a decline in public curiosity. Wikipedia searches related to cryptocurrencies also show a similar trend, with searches not reaching previous cycle highs and starting to decrease in recent months. The lack of public interest in cryptocurrencies could be due to various factors such as global macroeconomic conditions, market sentiment, or the delayed arrival of the expected euphoria.
Japan's Sumitomo Mitsui Bank plans to launch a stablecoin in cooperation with Ava Labs
according to Nikkei News on Tuesday, Mitsubishi UFJ Financial Group, which operates Mitsui Sumitomo Bank, plans to collaborate with Ava Labs and Fireblocks to launch a stablecoin. The team behind Avalanche, Ava Labs, intends to use blockchain technology to establish the "foundation" of the stablecoin, while the crypto security company Fireblocks will provide token development management system. The banking giant plans to collaborate with local IT company TIS to conduct experiments on the project in the second half of 2025 and may issue the stablecoin next year.
Binance Alpha Launches ZETA and SAFE
according to the official page, Binance Alpha has launched ZETA and SAFE.
Usual and Sherlock launch $16 million bug bounty program
decentralized stablecoin protocol Usual is partnering with blockchain security company Sherlock to launch a bug bounty program, offering a reward of $16 million to find critical vulnerabilities in the codebase. This bounty surpasses the ones previously set by Uniswap ($15.5 million), LayerZero Labs ($15 million), and Wormhole ($10 million).
The agency expects the number of US "small non-farm" in March to be announced at 20:15 tonight
institutions expect the US March "small non-agricultural" number to be released tonight at 20:15
Circle paid Binance $60.25 million for a two-year USDC promotion and holding partnership
On April 2nd, it was reported that Circle submitted an IPO S-1 document to the U.S. Securities and Exchange Commission (SEC), indicating that in November 2024, Binance became the first approved participant in the stablecoin ecosystem protocol. According to the partnership agreement, Binance is required to promote USDC on its platform and hold a certain amount of USDC in its treasury reserves. Circle paid Binance a one-time prepayment fee of $60.25 million and agreed to pay monthly incentive fees based on the balance of USDC held by Binance. The incentive fee is only paid when Binance holds at least 1.5 billion USDC, with Binance committing to hold 3 billion USDC (with exceptions in specific circumstances). The partnership is divided into two parts: market promotion and treasury reserves, both lasting for two years. If Binance terminates the market promotion agreement early, it is still obligated to fulfill one year of reduced fee payments and promotional obligations. The agreement can be terminated early under specific circumstances by either party.
AR falls below $6
market shows AR falling below $6, now trading at $5.99, with a 24-hour decline of 7.99%. The market is volatile, please manage your risks.
Shardeum mainnet will be launched on April 15
On April 2nd, Layer1 blockchain Sharduem officially announced that its global first EVM-based automatically scalable blockchain mainnet will be officially launched on April 15, 2025.
16 Crypto Tycoons Make Forbes Billionaires List
the latest "World Billionaires List" released by Forbes, 16 giants in the cryptocurrency field successfully made the list, including Binance founder Zhao Changpeng with a net worth of $63 billion, Tether co-founder Giancarlo Devasini with a net worth of $22.4 billion. Coinbase founder Brian Armstrong and MicroStrategy's Michael Saylor made the list with fortunes of $9.5 billion and $7.4 billion respectively.
The whales (or institutions) who bought EIGEN last year lost more than $22.42 million in May
last year, he made a big purchase of EIGEN's whale (or institution), losing more than $22.42 million in May.
Shibarium on-chain transaction volume exceeds 1 billion
Shibariumscan data shows that the on-chain transaction volume of Shibarium has exceeded 1 billion, currently reaching about 1.05 billion. In addition, other indicators of Shibarium are also showing a growth trend, with the total number of blocks exceeding 10 million, the latest data being 10,251,908, and the total number of on-chain addresses approaching 200 million.
OKX launches 1-day shark fin investment product
On April 2nd, official news, OKX has now launched a 1-day term shark fin financial product, supporting bullish BTC, bearish BTC, bullish ETH, and bearish ETH, with a 1-day cycle. It can be subscribed daily, and the floating annualized return is calculated based on the daily settlement price. The investment currency is USDT, supporting daily settlement and automatic reinvestment, making fund utilization more flexible.
Megabit will be upgraded to MGBX, ushering in a new era of global trading
On April 2nd, Megibit announced a comprehensive upgrade to MGBX in order to provide more efficient and professional digital asset trading services, and introduced the following innovative measures:
Musk follows F2Pool co-founder Wang Chun on Twitter
according to ElonAlertsX monitoring information, Elon Musk has just followed F2Pool co-founder Wang Chun's account on X (formerly Twitter).
Whales sold 760,000 ETH in the past two weeks
on-chain analyst Ali stated in a post on X that whales sold 760,000 ETH in the past two weeks.
Binance VIP Borrowing Adds BMT, PARTI, and SOLV as Borrowable Assets
according to the official announcement, Binance VIP lending has added new borrowable assets: Bubblemaps (BMT), Particle Network (PARTI), Solv Protocol (SOLV),
Ethereum DEX has a transaction volume of $1.643 billion in the past 24 hours, ranking first among all chains
according to DeFiLlama data, the 24-hour trading volume of Ethereum's on-chain DEX was $1.643 billion, ranking first among all chains. Solana and BNB Chain followed closely behind, with $1.37 billion and $978 million respectively.
An Ethereum OG liquidated 2,001 ETH in 6 hours, worth $3.82 million
according to Lookonchain monitoring, an Ethereum OG sold all remaining 2,001 ETH (3.82 million USD) 6 hours ago. This OG bought 5,001 ETH in 2017 at a price of 277 USD (costing 1.38 million USD), and did not sell even when ETH reached 4,878 USD in the last bull market.
Crypto Industry-Backed Candidates Patronis and Fine Win Key Florida Seats
Republican candidates Jimmy Patronis and Randy Fine won in a special congressional election in Florida on Tuesday night, maintaining the GOP's slim majority in the House with strong support from the cryptocurrency industry's Super Political Action Committee (PAC). Fine defeated Democrat Josh Weil in Florida's sixth district with 56.7% of the vote, while Patronis won in Florida's first district with 57% of the vote against Gay Valimont. Both campaigns received strong support from "Defend American Jobs," a cryptocurrency-focused PAC affiliated with the broader Fairshake political funding network. The media stated that these victories once again represent a win for the interests of the cryptocurrency industry.