Important information last night this morning (April 21-April 22)
Reprinted from panewslab
04/22/2025·1M
Base person in charge: The daily coin issuance of Base chain exceeds Solana
Base head Jesse Pollak posted on the X platform that Blockworks data showed that on April 19, the number of ERC tokens created in a single day exceeded 50,000 (51,835), exceeding the 41,642 tokens on Solana (of which Pump.Fun contributed 32,135).
Galaxy Digital is suspected of selling ETH to exchange for SOL
According to Lookonchain monitoring, Galaxy Digital transferred 65,600 ETH (about $105 million) to Binance in the past two weeks, and extracted 752,240 SOLs (about $98.37 million) from Binance, which is suspected of undergoing ETH-for-SOL operation.
Paradigm transfers 5500 ETH to Anchorage, or as a precursor to the sale
According to Embers, Paradigm transferred 5,500 ETHs (about $8.66 million) to Anchorage, an institutional brokerage platform, about three hours ago. In the past year, Paradigm has transferred a total of 96,955 ETHs to Anchorage, with a total value of about $302 million and an average price of about $3,110. Previous similar operations were usually followed by subsequent transfers to exchanges such as Coinbase and Binance, which were suspected to be prepared for sale.
Hyperlane: HYPER token application will be open tonight at 20:00
According to Hyperlane's announcement, the application for HYPER tokens will be officially opened at 20:00 Beijing time on April 22.
Galaxy Digital transferred 5,000 ETH to Binance 8 hours ago
According to The Data Nerd monitoring, Galaxy Digital once again transferred 5,000 ETH to Binance 8 hours ago, which is about $8.11 million. In the past week, it has transferred a total of 65,280 ETH to various exchanges, about US$105 million. It still holds about 55,760 ETH, worth about $87.86 million.
All three major U.S. stock indexes fell by more than 2%, gold hitting a record high
TradingView market shows that US stocks closed sharply this morning. As of the close, the S&P 500 fell 2.36% to 5158.2 points; the Nasdaq Composite fell 2.55% to 15870.9 points; and the Dow Jones Industrial Average fell 2.48% to 38170.41 points. Gold hit a new record high this morning, with London spot gold hitting $3,440/ounce this morning, and the New York Mercantile Exchange (COMEX) gold futures contract hitting $3,442/ounce.
Coinbase will support RSR token trading on the Base network
Coinbase announced that it will support transactions of Reserve Rights (RSR) tokens on the Base network, and users must not transfer money through other networks to avoid loss of assets. If the liquidity conditions are met, the RSR-USD trading pair will be launched in stages after 0:00 am on April 23, 2025 Beijing time, and there may be trading restrictions in some areas.
PumpFun deposits 95,934 SOLs to Kraken again, worth $13.34 million
According to Onchain Lens monitoring, PumpFun once again deposited 95,934 SOLs into Kraken, worth $13.34 million. In 2025, PumpFun sent a total of 1,818,889 SOLs worth $324.06 million.
Galaxy Digital once again withdraws 123,058 SOLs from Binance, about $17.1 million
According to SolanaFloor monitoring, Galaxy Digital continued to increase its holdings of SOL and withdraw another 123,058 SOLs (approximately $17.1 million) from Binance. The company has withdrawn $95 million in SOL from crypto exchanges over the past seven days.
Binance HODLer airdrop launches Hyperlane (HYPER)
According to the official announcement, Binance HODLer Airdrop is now launched in the Phase 15 project – Hyperlane (HYPER), a cross-chain interoperability communication protocol for permissionless cross-chain interoperability among different blockchains. From 08:00 on April 14, 2025 to 07:59 on April 18, 2025 (East Eighth District time), users who use BNB to subscribe for guaranteed currency (regular and/or current) or on-chain currency earning products will receive airdrop distribution. HODLer airdrop information is expected to be launched within 12 hours, and the new tokens will be distributed to the user's spot wallet at least 1 hour before the transaction begins. Binance will list HYPER at 21:00 on April 22, 2025 (East Eighth District Time), and open trading pairs for USDT, USDC, BNB, FDUSD and TRY, and seed label trading rules apply. The HYPER recharge channel will be open in 1 hour. HYPER HODLer airdrop details: Total supply of Genesis tokens: 802,666,667 The maximum supply of HYPER tokens: 1,000,000,000 HYPER (inflation rate is set to 8,000,000 per year, 1% in the first year, and gradually declined thereafter); Total HODLer airdrop tokens: 20,000,000 HYPER (includes 2.49% of the total supply of Genesis tokens); circulating supply at Binance when it was listed: 175,200,000 HYPER (includes 21.83% of the total supply of Genesis tokens).
An address holding 15 million USDT was frozen
According to Whale Alert monitoring, an address holding 15 million USDT was just frozen.
Binance Wallet will host Hyperlane (HYPER) token generation event
According to official news, Binance Wallet announced that it will cooperate with Hyperlane (HYPER) to hold the 11th exclusive token generation event (TGE) through PancakeSwap from 17:00 to 19:00 Beijing time on April 22. Participants must complete an effective purchase of at least $20 worth of Binance Alpha tokens through Binance Wallet (keyless version) or Binance Exchange between 00:00:00 (UTC) on March 22, 2025 and 23:59:59 (UTC) on April 20, 2025. An additional 10,000,000 HYPER will be allocated to future marketing activities.
Upexi shares may rise by 639.2% due to Solana's financial strategy
According to the market, the share price of Nasnak listed company Upexi rose 639.20% to $16.78. Previous news, GSR led a $100 million private equity investment in U.S. listed company Upexi to support its Solana-based financial strategy.
Musk may announce a date for withdrawal from the U.S. Department of Efficiency
According to a reporter from Jinshi who signed Fox Business Channel, Tesla CEO Elon Musk may indicate when he will leave the "Director of Government Efficiency" (DOGE) in a earnings call after the latest quarterly results were announced on Tuesday. Earlier, Musk and the White House denied reports that he would leave the agency, but insisted that his tenure there was temporary.
According to official news, the on-chain token distribution protocol Sign announced the economics of SIGN tokens, with a total supply of 10 billion pieces, which will be minted on the Ethereum main network and distributed through BNB Chain and Base. 40% of the token allocation is allocated to community incentives (of which 10% are TGE airdrops, 30% are community rewards and future airdrops), 20% are allocated to supporters, 10% are allocated to early team members, 10% are allocated to ecosystems, 20% are allocated to foundations, 12% are allocated to core contributors, 3.5% are allocated to liquidity incentives, 2% are allocated to compliance budgets, 2% are allocated to operating budgets, and 0.5% are allocated to donations. On-chain asset snapshots will be conducted at 20:00 Beijing time on April 25. Earlier in January, Yzi Labs announced a $16 million investment in the token distribution on-chain infrastructure Sign.
Initia announces INIT token economics: 1 billion pieces, airdrop accounts for 5%
The full-chain Rollup L1 network Initia announced the economics of INIT tokens, with a total supply of 1 billion pieces, of which 5% are used for airdrops. In addition, the foundation accounts for 7.75%, the protocol developers account for 15%, and the protocol sales account for 15.25%. For initial CEX liquidity guidance, 6% of the total supply is allocated to Binance online activities.
Trump: There is almost no inflation, calling on Powell to lower interest rates
According to King Ten, Trump said that there was almost no inflation and called on Powell to lower interest rates. Unless interest rates are lowered, economic growth may slow.
Source: Paul Atkins will be sworn in as US SEC chairman as early as Tuesday
FOX reporter Charles Gasparino said that Paul Atkins will be sworn in as president of the US SEC as early as Tuesday.
According to the official blog, decentralized GPU cloud computing provider Aethir announced the launch of the industry-wide alliance “AI Unbundled” aimed at supporting the development of Web3 AI. With “AI Unbundled,” Aethir will align with other leaders in the AI and Web3 sectors to accelerate growth in the AI industry. Members of the “AI Unbundled” alliance include 0G Labs, Biconomy, ChainGPT, GEODNET, IoTeX, Oasis Protocol, FLock.io, OORT, DeAgent AI, Polyhedra, iExec and AlphaNeural AI. Through this alliance, Aethir and its ecosystem partners will provide AI builders with tailored end-to-end infrastructure support.
Spot gold breaks through US$3410, with a cumulative increase of about 30% so far this year
According to Jinshi, spot gold broke through the $3,410/ounce mark, setting a new record high, with the intraday increase expanding to 2.4%, with a cumulative increase of more than 9% this month and a cumulative increase of about 30% so far this year.
According to Decrypt, cryptocurrency trading and investment company GSR announced today that it has made a $100 million private equity investment (PIPE) in Upexi, Inc. (NASDAQ: UPXI), a brand owner focusing on consumer goods development, manufacturing and distribution. The investment comes after Upexi announced a strategic transformation to a cryptocurrency-based treasury strategy designed to achieve long-term value-added and profitable for shareholders. Upexi has committed to establishing a Solana treasury strategy, including accumulating and pledging Solana.
MANTRA announced in its official blog that its CEO and founder John Patrick Mullin will destroy 150 million tokens in its token allocation for its team. This destruction move is a commitment made to the community last week, aiming to rebuild trust. Team and core contributor tokens were pledged when the main network was launched in October 2024 to activate network security. At present, the process of unstaking 150 million tokens from the token pool of team and core contributors has begun. The pledge release period will be completed on April 29, 2025. Once the process is completed, all tokens will be sent directly to the destruction address. These tokens will be permanently removed, and the total supply will be reduced by 150 million OM tokens accordingly. In addition, MANTRA is continuing to communicate with key ecosystem partners and plans to destroy an additional 150 million OM tokens, which will bring the total destruction to 300 million OM tokens. After unbinding, the MANTRA chain will destroy 150 million OM tokens, and the total supply will be reduced from 1.82 billion OM tokens to 1.67 billion OM tokens, and the pledged tokens will be reduced from 571.8 million OM tokens to 421.8 million OM tokens. This strategic destruction will reduce the pledge rate from 31.47% to 25.30%, resulting in an increase in the annualized pledge yield. Once the destroyed transaction is executed on the blockchain and confirmed, complete verification information will be provided.
Binance Alpha will launch ZORA and airdrop 4,276 tokens to meet the requirements
According to Binance official news, Zora (ZORA) tokens will be open for trading on Binance Alpha at 21:00 on April 23, 2025 (UTC+8). All Binance users who meet the criteria* will receive airdrops of 4,276 ZORA tokens in their Alpha account by 2025-04-23 21:10 (UTC+8). Qualifications are only available for users who use spot or asset accounts to generate purchase transactions of no less than US$50 on March 22, 2025 to 07:59:59 (UTC+8) on April 21, 2025 in the Alpha area of Binance Centralized Trading Platform.
Balance TGE is now online, and EPT tokens are open to be collected
The Balance Foundation announced on the X platform that Balance TGE is now online and EPT tokens are now open to be collected.
Strategy spends $555.8 million to increase its holdings of 6,556 Bitcoins
According to official news, Strategy (formerly MicroStrategy) purchased 6,556 bitcoins between April 14 and April 20, with an average value of $84,785 (total: $555.8 million).
Binance Alpha adds Balance (EPT)
According to official news, Binance Alpha has added Balance (EPT).
Binance Alpha adds SPX, MOG, POPCAT and CULT
According to official news, Binance Alpha has added SPX6900 (SPX), Mog Coin (MOG), Popcat (POPCAT) and Milady Cult Coin (CULT).
According to Onchain Lens monitoring, a giant whale deposited 773.66 million MEME tokens into Binance, worth $1.69 million, and faced a loss of $9.48 million. The giant whale has obtained these MEME tokens for $11.17 million in the past 11 months.
Telegram founder: Would rather exit the market than destroy encryption technology through backdoors
Telegram founder Pavel Durov posted on his official TG channel that France almost banned encryption technology last month. The Senate passed a law requiring communications apps to set up backdoors for police access to private information. Fortunately, this law was rejected by the National Assembly. However, three days ago, the Paris police chief once again spoke out for the law on the matter. Because technically, there is no guarantee that only the police can access the back door. Once the backdoor is introduced, it may be exploited by other parties—from foreign spies to hackers. Therefore, the private information of all law-abiding citizens can be threatened. This law, which aims to prevent drug trafficking, will not help fight crime anyway. Even if mainstream crypto apps are weakened by backdoors, criminals can still communicate securely through dozens of smaller apps—and they are even harder to track because of the VPN. That's why Telegram would rather exit the market than destroy encryption technology and violate basic human rights through backdoors. Unlike some of our competitors, we don’t sacrifice privacy for market share. Bytes of any private information have never been leaked on Telegram. Under the EU Digital Services Act, Telegram will only disclose the suspect's IP address and phone number if a valid court order is received -rather than the information content. Last month, Freedom won. But it is also a reminder: we must continue to explain to lawmakers that encryption does not exist to protect criminals—it is to protect the privacy and security of ordinary people. Losing this protection would be tragic. The struggle is far from over. This month, the European Commission proposed a similar initiative to add backdoors to communications apps. No country is immune to the gradual erosion of freedom.
Solana's high staking yields have briefly pushed its staking value beyond Ethereum
According to Cryptoslate, on April 20, Solana's total staking value (in US dollars) briefly surpassed Ethereum. According to staking data shared by Nansen CEO Alex Svanevik, Solana's staked SOL tokens are worth more than $53.9 billion at peak. This figure is slightly higher than Ethereum's $53.7 billion pledged market value that day. However, Solana's leading position is fleeting. At press time, Ethereum had regained its top spot with a pledge value of $56 billion, compared to Solana's $54 billion. Although Solana is only temporarily leading, the incident reignited discussions about staking incentives, cybersecurity and user behavior in both ecosystems. Market observers point out that an important factor in Solana's rise is its attractive pledge yield. According to Staking Rewards, Solana currently offers a network-level return of 8.31%, significantly higher than Ethereum’s 2.98%. This difference may prompt users to choose to stake tokens rather than participate in lending or providing liquidity through the DeFi protocol. In addition, Solana's staking participation rate is about 65%, showing active participation from the community. However, Solana lacks a severe punishment mechanism for those who are not behavioral. Therefore, critics such as Ethereum researcher Dankrad Feist believe that while Solana encourages staking, economic security is sacrificed in the process.
According to the Wall Street Journal, a banking consortium including Deutsche Bank in Germany and Standard Chartered Bank in the UK are considering expanding its cryptocurrency business to the United States.
CryptoQuant analyst Carmelo Alemán posted a statement that on April 14, 2025, the capitalization of Bitcoin (or Bitcoin achieves market value) hit a record high: $872,195,501,000. This is a strong signal: more investors are holding their Bitcoins and more funds are flowing into the network; it also indicates that confidence in the Bitcoin network and the assets themselves is increasing, suggesting that Bitcoin may not have reached the top of the market cycle. Bitcoin Implementation Market Value represents the total value calculated by all Bitcoins in circulation based on their last price when they were transferred on the blockchain. In short, it is the sum of all investments when each bitcoin is purchased in US dollars. From a technical point of view, Bitcoin implementation market value is defined as: implementation market value = Σ (number of Bitcoins in each unspent transaction output (UTXO) × the price at the last transfer of the Bitcoin).
Abraxas Capital withdraws 6,000 ETH from Binance and deposits it into Aave, worth $9.88 million
According to Lookonchain monitoring, two hours ago, Abraxas Capital extracted 6,000 ETHs (worth $9.88 million) from Binance and deposited them into Aave. Abraxas Capital has withdrawn a total of 8,719 ETH (worth $14.22 million) from Binance over the past week.
According to the Wall Street Journal, regulators cracked down on cryptocurrencies two years ago after FTX and two crypto-friendly banks went bankrupt, prompting some traditional financial institutions to part ways with the industry. Now, Trump’s pledge to make the United States a “bitcoin superpower”, laying the foundation for the closer intertwining of cryptocurrencies and banking systems. Many crypto companies, including Circle and BitGo, plan to apply for banking licenses or licenses, according to people familiar with the matter. Others say cryptocurrency exchange Coinbase Global and stablecoin company Paxos are considering similar moves. Meanwhile, the Trump administration is taking action to mainstream cryptocurrencies into finance, and Congress has introduced two bills that will establish a regulatory framework for stablecoins, allowing people to easily buy and sell more volatile cryptocurrencies. The legislation would require stablecoin issuers to obtain charters or licenses from regulators.
