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Pi Network’s token has surged 86% in value, reflecting strong market interest despite ongoing controversies.
Quick Take This is an excerpt from the 22nd edition of The Funding sent to our subscribers on Feb. 23. The Funding is a fortnightly newsletter written by Yogita Khatri, The Block’s longest-serving editorial member. To subscribe to the free newsletter, click here.
Quick Take A recent proposal by the Arbitrum DAO’s recently-appointed Growth Management Committee has sparked backlash after recommending that 7,500 ETH be deployed to Lido, Aave, and Fluid, three decentralized finance protocols not native to Arbitrum. The proposal argues the selected protocols “represent safe applications that achieve conservative yield and strongly support ecosystem growth,” while critics argue the move signals that Arbitrum-native protocols are inferior. Should the proposal fail, the co
- 14:56Trump 100-Day Presidency Rally to Be Held in Michigan on April 29April 28 news, according to official information, Securing American Greatness will host a large rally to celebrate Trump's 100 days as U.S. President. The event will be held on April 29 in Michigan, after which Trump retweeted the event registration link on X.
- 14:55Starknet: Bitcoin Staking Expected to Launch in the Third Quarter of 2025PANews reported on April 28 that the Ethereum Layer 2 network Starknet announced on the X platform that Bitcoin staking is expected to be launched in the third quarter of 2025. This initiative aims to provide sustainable rewards for Bitcoin users, enhance security for the Starknet network, and offer new building blocks for developers. Starknet also stated that the pace of "Hyperbitcoinization" on its network will not slow down in the short term.
- 14:35Bitcoin ETF Net Inflow of 4,201 BTC Today, Ethereum ETF Net Inflow of 59,538 ETHAccording to Lookonchain statistics, 10 Bitcoin ETFs saw a net inflow of 4,201 BTC today (approximately $397 million), with iShares having a single-day net inflow of 2,523 BTC, bringing the total holdings to 588,687 BTC. At the same time, 9 Ethereum ETFs saw a net inflow of 59,538 ETH (approximately $107 million), with iShares having a net inflow of 30,272 ETH, and current holdings reaching 1,215,231 ETH.