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The details of the EigenLayer token were revealed yesterday, with a 15% airdrop allocation to ecosystem participants. The plan faced criticisms relating to the lack of transferability of the token and its heavy handed approach to blocking jurisdictions.
Bitwise CIO Matt Hougan said Congress may pass comprehensive stablecoin legislation this year. If so, the “mainstreaming of stablecoins” could prove bigger than the U.S. spot bitcoin ETFs, Hougan said.
CertiK reports that this month saw the least crypto-related losses from confirmed hacks, exploits, and scams since the blockchain security firm started tracking them.
The price of bitcoin seems set to close April down 12% from its value at the beginning of the month.The monthly downturn marks the end of a seven-month winning streak of green candles for the digital asset — a trend that began at the beginning of September 2023.
MilkyWay has raised $5 million in a seed round co-led by Binance Labs and Polychain Capital. The funding comes ahead of MilkyWay’s token launch and airdrop in the coming months.
- 04:32CryptoQuant CEO: Trump's coin issuance signifies that social influence will be measured by market value rather than the number of fansCryptoQuant CEO Ki Young Ju posted on X saying, "Social influence will soon be measured by market value rather than the number of fans. Trump's coin issuance yesterday marked this shift. Unless someone stronger than the president intervenes, it is inevitable. As victims emerge, chaos will affect the law - that's the saddest part."
- 04:27Market News: TRUMP team withdraws 5 million USDC liquidity from Meteora pool to exchange for SOLAccording to market news, the TRUMP team withdrew 5 million USDC liquidity from the Meteora pool, exchanged it for SOL, and then sent it to the CEX deposit address.
- 04:23A certain address sold TRUMP worth 8.23 million USD in nearly 2 hours, making a profit of 6.99 million USDChain analysts have observed that an address sold 310,000 TRUMP in the past two hours and converted it into 8.23 million USDC, making a profit of 6.69 million USD. This address used 1.54 million USDC to purchase 310,000 TRUMP at an average price of $4.95 per unit yesterday at noon. It then began selling TRUMP two hours ago and has now completely sold out for a total of 8.23 million USDC, with an average selling price of $26.5 per unit. In just twenty-two hours, they made a profit of $6.69 million (+434%) on their TRUMP holdings.