Rhythm Morning News | After the Runestone snapshot was completed, the floor price fell by 59.5% in 24 hours; Grayscale ETHE's negative premium rate n

Featured News:

1. After the Runestone snapshot was completed, the floor price fell to 0.032 BTC, a 24-hour drop of 59.5%;

2. When LUNA/UST collapsed, shorting BTC earned $5.16 million. Smart Money address sold 45 WBTC;

3. Bitcoin Rune No. 2 DECENTRALIZED: No snapshot has been taken yet, and the distribution plan will be announced next week;

4. ZKasino: New technologies are often subject to external interference and FUD, and construction will continue;

5. Data: BounceBit TVL exceeds $1 billion

Price Observation

After the Runestone snapshot was completed, the floor price fell to 0.032 BTC, 24-hour drop of 59.5%

On April 22, according to CoinGecko data, after the Runestone snapshot was completed, the floor price fell to 0.032 BTC, a 24-hour drop of 59.5%.

AI sector tokens generally rose, ARKM rose more than 23% in 24 hours

On April 21, according to market data, AI sector tokens saw a general rise, including:

TAO 24-hour increase of 7.57%, the current price is 471.9 US dollars;

FET 24-hour increase of 8.41%, the current price is 2.417 US dollars;

AGIX 24-hour increase of 10.11%, the current price is 0.988 US dollars;

ARKM 24-hour increase of 23.6%, the current price is 2.184 US dollars;

WLD 24-hour increase of 12.35%, the current price is 5.623 USD.

Transaction Tracking

A certain address made a profit of 10 million USD in one day through GUMMY

On April 21, according to Lookonchain monitoring, a certain address turned $9,770 SOL into about $10 million in tokens in just one day, an increase of 1,025 times.

12 minutes before GUMMY was deployed, this address withdrew 65.23 SOL from MEXC. Then in the same block, 64.5 SOL (about $9,769) was spent to buy 97.36 million GUMMY, just in the same block where the GUMMY deployer added liquidity.

The address transferred 97.36 million GUMMY to 10 new wallets without selling them. Currently, these 97.36 million GUMMY are worth $10 million.

When LUNA/UST collapsed, shorting BTC earned $5.16 million. Smart Money address sold 45 WBTC

On April 21, according to @ai_9684xtpa's monitoring, in the past 15 minutes, the Smart Money address that shorted BTC when LUNA/UST collapsed and earned $5.16 million sold 45 WBTC (about $2.92 million).

The address bought 260.82 WBTC at an average price of $56,355 between February 18 and March 7. The current sales have made a profit of $390,000, and the remaining part still has a floating profit of $1.83 million.

The whale that previously lost money on leveraged long ETH again borrowed USDT with 1,293 ETH as collateral

On April 21, according to @ai_9684xtpa’s monitoring, in the past two hours, the whale that previously lost $4 million on leveraged long ETH again transferred 1,293 ETH (about $4.09 million) from Binance, deposited it in Compound as margin, and borrowed another 2.66 million USDT.

The whale has cumulatively pledged 9,542 ETH to lend 19.96 million USDT.

Project Dynamics

Jupiter: The second LFG vote has ended, LSD protocol sanctum and AI project UpRock won

On April 22, Jupiter announced on the social platform that its second LFG vote had ended, 230 million JUP participated in the vote, and a total of 334,000 users participated. Liquidity pledge protocol sanctum and decentralized AI network information analysis platform UpRock won the vote and became the next two teams to be launched on LFG.

The next round of CWG introductions for LFG will also resume next week. If you are interested in participating in LFG, you can apply on the forum.

LightLink will airdrop LL tokens to Mocavers NFT holders

On April 22, Ethereum Layer 2 network LightLink stated on the social platform that it will airdrop LL tokens to Mocavers NFT holders, and each Mocavers NFT will receive 1,000 LL. Claim details will be released on the MOCA Discord soon.

As previously reported, on April 19, Ethereum Layer 2 network LightLink stated on the social platform that it would airdrop LL node NFTs to TIA and PYTH stakers. The airdrop will reward the community that helps secure its network, and more details will be announced in the future.

Bitcoin Rune 2 DECENTRALIZED: No snapshot has been taken yet, and the distribution plan will be announced next week

On April 22, the NFT project CyberKongz released the rune No. 2 DECENTRALIZED on the social platform, saying that it had not yet taken a snapshot and would announce it in advance, and the distribution plan would be announced next week. Prometheans Discord holder verification is coming soon.

BlockBeats previously reported that on April 20, CyberKongz successfully deployed the rune No. 2 "DECENTRALIZED". Previously, CyberKongz had airdropped 17,850 Prometheans to the Ordinals community, and the airdrop would be targeted at Bitcoin NFT communities including NodeMonkey and Runestone. The total number of Prometheans is 21,000, of which 85% will be allocated to the Ordinals community and 15% to CyberKongz holders.

io.net: The user points displayed on the website are only from internal testing and do not reflect the user's real points in the Ignition reward program

On April 22, the Solana Ecosystem DePIN Protocol io.net official posted in Discord that the points displayed on the website today are part of the early testing of the new pre-TGE website user interface. The UI has been updated and the points part has been removed. The point values displayed on the website are only from internal testing, which are based on some snapshots and some placeholder values in the past. It does not reflect the user's real points in the Ignition reward program. The engineering team is working hard to display the reward points when it is ready and verified. BlockBeats previously reported that io.net launched the first phase of the points reward program on March 1. The program is called Ignition and will last until April 28. The program will reward points based on the GPU users provide to the network.

ZKasino: New technologies are often subject to external interference and FUD, and will continue to build

On April 21, the decentralized betting platform ZKasino officially stated that when ZKasino Chain goes live, EIP-3074 will be integrated, aiming to completely change the gaming experience of its platform. Users will no longer need to manage their ZKAS balances for Gas fees, simplifying the process of interacting with dApps. EIP-3074 is not yet online.

In addition, ZKasino stated that although new technologies are often subject to external interference and FUD, it remains focused on its mission. ZKasino will continue to build, upgrade and promote updates to ZKasino Chain to ensure that its platform is always at the forefront of the blockchain gaming field. Change may sometimes be met with skepticism, but ZKasino sees it as an opportunity for growth. ZKasino is excited about the future and looks forward to sharing its journey with users.

Moonbeam Network: Block production has been resumed, waiting for the Polkadot core development team to disclose the details of the incident

On April 21, Moonbeam Network officially issued a statement saying, "Today at around 18:27, Polkadot upgraded, triggering all parachains including Moonbeam, and blocks stopped producing in about 1 hour. Moonbeam resumed block production at about 19:36. Currently, the network is operating normally. We are waiting for the details of the incident provided by the Polkadot core development team and will share more information later."

ApeCoin DAO initiated the " "NFT Launchpad powered by APE" proposal voting

On April 21, according to the Snapshot governance page, the ApeCoin DAO community initiated a proposal vote for "NFT Launchpad powered by APE", which will end on May 2.

The proposal stated that the initiative aims to support the Apecoin ecosystem by promoting the creation and trading of NFTs, thereby enhancing the practicality and adoption of APE as a token. The Puffles project introduces a user-friendly, code-free tool for NFT creators to easily launch their collectibles on various blockchain networks. Puffles focuses on customization and support for multiple blockchain networks, giving creativity and accessibility to the NFT field. The main goal is to build an NFT Launchpad that uses APE as a currency to mint NFTs on the ERC-20 network, providing creators with a seamless platform for minting, displaying and trading their NFTs.

Unicross opens Merlin Rune Cross-Chain Bridge, RUFI is the first cross-chain rune token

On April 21, according to official news from UniCross, UniCross is about to launch the Merlin Rune Cross-Chain Bridge, which is the first BTC second-layer rune cross-chain bridge.

Currently, the first BRC-20 token RUFI with the concept of "inscription rune swap" on Merlin Chain is inscribed on the first layer and cross-chained to Merlin Chain. RUFI will conduct a 1:1 inscription rune swap through Merlin Phantom. RUFI has risen by 120% in the past 24 hours.

Chainflip Labs: We have learned about the problems after the Polkadot upgrade and are investigating the relevant impact

On April 21, the cross-chain trading platform Chainflip Labs officially stated, "We have noticed the problems that Polkadot has encountered after the upgrade and are investigating its impact on Chainflip. Please do not attempt to exchange DOT at this time."

Viewpoint Data

ZachXBT: In the past month, 12 Meme projects raised more than 180,000 SOLs after Rug

In April On the 22nd, according to statistics from the chain detective ZachXBT, in the past month, 12 Solana pre-sale meme coins have raised more than 180,650 SOL (about 26.7 million US dollars) and then Rug. ZachXBT advises the community to be wary of future projects launched by these founders.

DePIN project has raised more than 1 billion US dollars

On April 22, according to CoinDesk, according to a report by Crypto.com, DePIN projects have raised more than $1 billion in total, some of which have also used all the funds for DePIN protocols, with a total market value of tens of billions of dollars, but the industry faces one of the oldest challenges in the cryptocurrency field: relatively few customers. Analysts point out that DePIN projects with great potential are all projects with clear and identifiable demand for underlying services.

Zircuit TVL exceeds $1.9 billion

On April 22, according to official data, the zkRollup Zircuit protocol TVL exceeded $1.9 billion, temporarily reported at $1.91 billion.

BlockBeats previously reported that on February 23, zkRollup Zircuit announced the launch of its staking plan. Users can now participate by staking ETH, ezETH, rswETH, rsETH, LsETH and stETH and other assets. Not only can they continue to enjoy the original staking income, EigenLayer Points and other rewards, but they will also receive an additional 100% Zircuit Points reward.

The Bitcoin Volatility Index rose to 75.99 yesterday, a daily increase of 3.68%

On April 22, the BitVol (Bitcoin Volatility) Index launched by financial index company T3 Index and Bitcoin options trading platform LedgerX rose to 75.99 yesterday, a daily increase of 3.68%.

BlockBeats Note: The BitVol index measures the 30-day expected implied volatility derived from the price of tradable Bitcoin options. Implied volatility refers to the volatility implied by the actual option price. It is the volatility inferred by substituting the actual option price and other parameters except volatility σ into the B-S option pricing formula.

The actual price of an option is formed by the competition of many option traders. Therefore, implied volatility represents the market participants' views and expectations on the future of the market, and is therefore regarded as the closest to the actual volatility at the time.

zkSync Era network TVL exceeded US$700 million, an increase of 8.52% in 7 days

On April 21, according to L2BEAT data, the zkSync Era network TVL rose to US$706 million, an increase of 8.52% in 7 days.

Grayscale ETHE negative premium rate narrowed slightly to 23.65%

On April 21, according to Coinglass data, the current Grayscale ETH Trust Fund (ETHE) negative premium rate is 23.65%; the ETC Trust negative premium rate is 36.91%.

Big Brain Holdings: Never invested in ZKasino

On April 21, Big Brain Holdings officially stated, "In 2022, Big Brain Holdings invested in the ZigZag project, which subsequently caused us to suffer financial losses. Some of the previous founders of the project are now members of the ZKasino team. We have never invested in ZKasino, but have been offered tokens allocated in proportion, but we have not received them yet and will not choose to accept them."

Bitcoin network transaction fees fell, high priority temporarily reported 104 Sat/byte

On April 21, according to mempool.space Data shows that Bitcoin network transaction fees have fallen, with high priority falling to 104 Sat/byte.

Open interest in Bitcoin contracts across the network dropped to $30.9 billion

On April 21, according to Coinglass data, the open interest in Bitcoin futures contracts across the network was 474,200 BTC (about $30.971 billion).

Among them, the open interest of CME Bitcoin contracts was 143,200 BTC (about $9.338 billion), ranking first;

The open interest of Binance Bitcoin contracts was 105,800 BTC (about $6.919 billion), ranking second.

Data: BounceBit TVL exceeds 1 billion US dollars

On April 21, according to official website data, the TVL of Bitcoin re-staking public chain BounceBit has reached 1.014 billion US dollars, including 796 million US dollars in Bitcoin, 87.63 million USDT and other assets.

Ordinals founder: I hope the rumor that I am Satoshi Nakamoto can be put to rest through the launch of Runes

On April 21, Casey Rodarmor, founder of Ordinals, posted on social media, "Sometimes people think I am Satoshi Nakamoto. I hope that through the launch of Runes, this rumor can finally be put to rest, because Satoshi Nakamoto would never do such a stupid thing."

Financing Express

DePIN project Roam received investment from Samsung Next and has previously completed a US$5 million strategic round of financing

On April 22, the DePIN project Roam (formerly MetaBlox) recently received investment from Samsung Next again after completing a strategic round of financing of US$5 million at the end of 2023. This investment will further promote Roam's construction in the DeWi track ecosystem and global WiFi roaming network nodes.

The global WiFi roaming network has begun to take shape under the promotion of Roam's decentralized solution. Samsung Next stated that Samsung and Roam, as members of the WBA organization, have a common vision of achieving seamless global WiFi roaming, and Roam's innovative Web3 solution provides the last piece of the puzzle for the landing of the OpenRoaming™ network. With the support of Saumsung Next, Roam will accelerate the construction of a global unified decentralized WiFi roaming network, reshape the WiFi connection experience, and build a safer and more user-friendly ecosystem.

So far, Roam has received investment from many well-known institutions such as Anagram, Volt Capital, Comma3 Ventures, ECMC Group, Awesome People Ventures, Stratified Capital, DePIN Labs, Future 3 Campus, IoTeX, ZC capital, JDI, Synergis and SNZ.

PenPad received strategic investment from Gate Labs to accelerate the construction of innovative LaunchPad on the Scroll network

On April 21, according to official news, PenPad, a key support project of the Scroll ecosystem, announced that it has received strategic investment from Gate Labs. This cooperation will greatly accelerate PenPad's mission - to empower project construction on the Scroll network with cutting-edge zk tools and technologies.

GateLabs is a dynamic accelerator dedicated to providing entrepreneurs with extensive resources and strong support. With the support of Gate, PenPad will further strengthen its innovative product features. This strategic investment is an important milestone in PenPad's growth journey. With the development of zk technology, PenPad hopes to promote a wider range of application scenarios and bring more possibilities to the community.

Regulatory News

SBF agrees to help handle lawsuits against FTX celebrity endorsers

On April 21, according to DL News, FTX founder SBF has agreed to a settlement with investors, who will waive their civil liability claims against him in exchange for his cooperation in a class action lawsuit against celebrities who promoted the cryptocurrency trading platform. The agreement is subject to court approval.

These celebrities include sports stars American football player Tom Brady, former NBA star Shaquille O'Neal, Stephen Curry and others, who are accused of promoting unregistered securities for FTX.

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