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Manta Network’s Kenny Li suspects the Lazarus Group tried to target him in a deepfake Zoom attack
https://x.com/superanonymousk/status/1913017335436448206
EigenLayer slashing is live on mainnet
https://x.com/eigenlayer/status/1913000486212624821
Cryptocurrency exchange eXch announced it will cease operations on May 1 after reports alleged the firm was used to launder funds from a Bybit hack.
In an April 17 notice, eXch said the majority of people in its management team voted to “cease and retreat” in response to the allegations that North Korea’s Lazarus Group used the exchange to launder roughly $35 million of the funds stolen in a $1.4 billion exploit on Bybit.
https://cointelegraph.com/news/exch-shutting-down-reports-hacked-funds
Crypto exchange giant Kraken has laid off hundreds of staffers across all areas of the business over the past several months, as the firm continues to streamline its operations ahead of a potential public listing in the U.S.
https://www.coindesk.com/business/2025/04/17/kraken-sheds-hundreds-of-jobs-to-streamline-business-ahead-of-ipo-sources-say
Coinbase Platform announced the upgrade of its Solana infrastructure, increasing block processing throughput by 5x by asynchronously processing transactions, increasing RPC performance by 4x using bare metal servers, and enhancing system resilience by improving failover and liquidity optimization
https://x.com/CoinbasePltfrm/status/1912857582546321601
https://x.com/wublockchain/status/1912903687623852400
The crypto market is neutral
BTC Dominance - 62.53%
Market Cap - $2.69T
BTC - $84,772.51 (+1.01%)
ETH - $1,582.76 (-0.07%)
XRP - $2.05 (-0.82%)
BNB - $589.34 (+1.26%)
SOL - $134.04 (+3.14%)
ZRO - $2.42 (+3.79%)
https://dropstab.com
Converge, the RWA-focused blockchain developed by Ethena and Securitize, will use Arbitrum and Celestia, aiming for mainnet launch in Q2
https://www.coindesk.com/tech/2025/04/16/ethena-securitize-target-q2-mainnet-launch-for-rwa-focused-blockchain-tap-arbitrum-celestia
Base launched the token “Base is for everyone”, which crashed 95%
The token has recovered nearly all of its lost value.
https://x.com/base/status/1912584945127813533
The SEC has announced its third crypto policy roundtable
The April 25th event will focus on custody issues.
https://x.com/EleanorTerrett/status/1912603969291186223
Russia should develop its own stablecoins pegged to other currencies after Russia-linked digital wallets holding the popular USDT stablecoin were blocked last month, a senior Finance Ministry official said on Wednesday
https://www.reuters.com/technology/russia-should-have-own-stablecoins-finance-ministry-official-says-2025-04-16/
The appeal in the SEC vs. Ripple case has officially been paused
https://x.com/FilanLaw/status/1912517176885473357
💧 Recent Funding Rounds Backed by Top Tier Angels
👉 https://dropstab.com/insights/latest-fundraising-rounds
Binance Futures will launch the USDⓈ-margined AERGOUSDT perpetual contract with up to 15x leverage today at 11:00 UTC
https://www.binance.com/en/support/announcement/detail/82f730b7ef444a38b323ab7a2e56b757
VanEck Exec Proposes “BitBonds” — Bitcoin-Backed Bonds to Refinance U.S. National Debt
https://x.com/matthew_sigel/status/1912228237259993160/
Towns Protocol is launching TOWNS in Q2 2025.
Total supply: 10 billion TOWNS
Community: 5.7 billion TOWNS (57% of total supply)
Team Investors: 3.5 billion TOWNS (35% of total supply)
Initial Node Operators and Delegators: 800 million TOWNS (8% of total supply)
https://x.com/TownsProtocol/status/1912174278604411383
💧Current state of the market in our weekly overview
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Binance Wallet has announced the Token Generation Event on BNB Smart Chain for Lorenzo Protocol, in collaboration with PancakeSwap
Lorenzo Protocol Subscription Details:
Token Name: BANK (Lorenzo Governance Token)
Start Date: 18th April, 2025 09:00 UTC
End Date: 18th April, 2025 11:00 UTC
Total Raise Amount: $200,000 in BNB
Available Token: 42,000,000 (2% of the total supply)
Price per Token: $0.0048 USD in BNB
Subscription Cap per Binance Wallet user: 3 BNB
Participant Eligibility: To qualify, participants must have purchased Binance Alpha tokens through Binance Wallet (Keyless) or Spot/Funding accounts on Binance Exchange within the 30-day period preceding the TGE start date.
DEX Trading Date: Immediately after 18th April, 2025 11:00 UTC in Binance Wallet DEX or on PancakeSwap
Lorenzo is an institutional-grade asset management platform that issues yield-bearing tokens backed by diverse underlying strategies, with two flagship products featuring BTC Liquid Staking Token stBTC powered by Babylon staking yields and wrapped BTC enzoBTC containing Lorenzo native yield and on-chain liquidity farming yields.
https://www.binance.com/en/events/lorenzoprotocol-tge-rules
President Trump says if he wants Fed Chair Jerome Powell out, "he'll be out of there real fast."
https://x.com/WatcherGuru/status/1912927136391758050
Aztec Nears Launch of Public Testnet
https://x.com/aztecnetwork/status/1912900542244000233
A16Z invested an additional $55M in LayerZero tokens (ZRO), with a 3-year lockup
https://x.com/alive_eth/status/1912899221868396869
Eliza Labs unveils auto.fun, a no-code AI agent launchpad
https://www.theblock.co/post/351017/eliza-labs-auto-fun-ai-agent-launchpad-fairer-than-fair-tokenomics
Binance has announced the 68th project on Binance Launchpool - Initia (INIT)
Users will be able to lock their BNB, FDUSD, and USDC to receive INIT airdrops over 6 days, with farming starting from 2025-04-18 00:00 UTC.
Binance will then list INIT at 2025-04-24 11:00 UTC and open trading with INIT/USDT, INIT/USDC, INIT/BNB, INIT/FDUSD, and INIT/TRY trading pairs.
https://www.binance.com/en/support/announcement/detail/c288d0d677304b9e9246eceae0237ff3
Binance's second batch of token delisting voting ended: FTT (11,1%), ZEC (8,6%), JASMY (8,6%), GPS (8,2%), and PDA (7,6%)
https://www.binance.com/en/square/post/22635913750921
VanEck is aiming to launch a new crypto-related exchange-traded fund with the ticker symbol NODE on May 14
NODE will aim to hold 30 to 60 names from a 130+ stock universe tied to the digital asset economy.
https://www.theblock.co/post/351078/vaneck-crypto-related-investment-etf-next-month-offering-broad-industry-exposure
The crypto market is neutral
BTC Dominance - 62.44%
Market Cap - $2.67T
BTC - $83,928.01 (+0.24%)
ETH - $1,583.35 (-0.47%)
XRP - $2.06 (-0.87%)
BNB - $582.09 (-0.26%)
SOL - $129.96 (+2.79%)
https://dropstab.com
Raydium has introduced LaunchLab, all-in-one token launchpad
https://x.com/RaydiumProtocol/status/1912496080383799632
DWF Labs announced its strategic expansion to the United States with a new office in New York City.
DWF Labs also announced it has purchased $25 million of World Liberty Financial (“WLFI”) governance tokens in a strategic private transaction.
https://www.dwf-labs.com/news/541-us-expansion-wlfi-crypto-investment-announcement
China debates rules on handling seized cryptocurrencies.
Local governments use private firms to sell seized crypto for cash.
Surge in crypto crimes boosts local government finances.
https://www.reuters.com/world/china/china-debates-how-handle-criminal-crypto-cache-2025-04-15/
OKX has announced the launch of its centralized crypto exchange and OKX Wallet in the United States, alongside the establishment of its regional headquarters in San Jose, California
https://www.okx.com/learn/bringing-okx-to-the-united-states-a-new-era-for-crypto-and-web3-innovation
The crypto market is down
BTC Dominance - 62.30%
Market Cap - $2.67T
BTC - $83,738.88 (-1.83%)
ETH - $1,593.21 (-2.69%)
XRP - $2.08 (-2.77%)
BNB - $584.03 (-0.48%)
SOL - $126.63 (-2.9%)
OM - $0.76 (+21.56%)
https://dropstab.com