Arbitrum
In October, several prominent projects, including Aptos, ApeCoin, Axie Infinity, and Optimism, will undergo a new round of token unlocks. We have calculated the potential price impact of these token unlocks.
Arbitrum relaunched its Odyssey after over a year, but there is no airdrop this time.
Users can now interact with Lybra’s new companion stablecoin peUSD, which is said to be more compatible with decentralized finance protocols than the protocol’s main stablecoin eUSD.
After launching its mainnet on Monday, Mantle’s utility and governance token has jumped roughly 4%, more than the native tokens of Arbitrum and Optimism over the past day.
This is the launch of the standard that could connect all of the blockchains and all of the bank chains, Sergey Nazarov said in an interview with CoinDesk.
By making their code open source and easy to replicate, projects including Arbitrum, Optimism and zkSync are making it easier for copycat blockchains to steal away their users – in pursuit of broader ecosystems of related networks.
Trading volume for Blur has increased by 1,240% in the past 24-hours after it was listed on Upbit.
The amount of the investment wasn’t disclosed and Wintermute will provide liquidity services to the decentralized exchange.
The transition is aimed at reducing barriers of entry for The Graph’s users by decreasing gas costs and speeding up transactions.
- 04:04Grayscale Urges US SEC to Approve Ethereum ETF Staking, Claims $61 Million Revenue MissedPANews, April 28 - According to Bitcoin.com, asset management company Grayscale met with the SEC's crypto working group on April 21 to apply for permission to stake its Ethereum ETFs (ETHE and ETH). The company stated that due to regulatory restrictions, the $8.1 billion in assets under its management missed out on approximately $61 million in potential revenue from the product's launch until February 2025. Grayscale put forward three arguments: 1) Similar products in Europe and Canada have successfully implemented staking; 2) Staking can enhance the security of the Ethereum network; 3) Risk management strategies, including a "liquidity reserve," have been developed. Currently, the inability to stake spot Ethereum ETPs in the US prevents full realization of the underlying asset value. Grayscale calls on the SEC to update regulations in line with traditional financial products.
- 04:01LAYER 7th Largest Holder Address Withdraws 1 Million LAYER from CEX 40 Minutes AgoAccording to Odaily, blockchain analyst The Data Nerd reported that 40 minutes ago, wallet address DLcwu withdrew 1 million LAYER (approximately $2.72 million) from CEX and transferred it to wallet AEZok. Over the past three days, wallets DLcwu and 8KGnY have cumulatively withdrawn 26.51 million LAYER (approximately $66.92 million) from CEX, all transferred to AEZok. Currently, AEZok is the 7th largest LAYER holder, possessing 48.47 million LAYER, suspected to be a market-making address for the project.
- 03:59Data: Ethereum Spot ETFs End Eight Weeks of Net Outflows, Record $157 Million Net Inflow Last WeekAccording to ChainCatcher news and SoSoValue data, Ethereum spot ETFs recorded a net inflow of $157 million for the last trading week (April 21 to April 25, Eastern Time). The Ethereum spot ETF with the highest net inflow last week was the Fidelity ETF FETH, with a weekly net inflow of $68.59 million. The historical total net inflow for FETH has now reached $1.43 billion. This was followed by the Blackrock ETF ETHA, with a weekly net inflow of $64.18 million, bringing ETHA's historical total net inflow to $4.11 billion. The Ethereum spot ETF with the highest net outflow last week was the Grayscale Ethereum Trust ETF ETHE, with a weekly net outflow of $32.02 million. The historical total net outflow for ETHE has reached $4.28 billion. As of the time of publication, the total net asset value of Ethereum spot ETFs is $6.14 billion, with an ETF net asset ratio (market value as a percentage of Ethereum's total market value) of 2.83%. The cumulative historical net inflow has reached $2.4 billion.