According to the official announcement, Binance will perform wallet maintenance on the Ethereum network (ETH) at 15:00 (ET on April 30, 2025). To support this maintenance, Binance will suspend the deposit and withdrawal services of the Ethereum network (ETH) at 14:55 (ET on April 30, 2025). The maintenance is expected to take 1 hour, and the deposit and withdrawal services will be automatically resumed after the maintenance is completed.
Ethereum community members propose new fee structure for application layer
According to Cointelegraph, Ethereum community members Kevin Owocki and Devansh Mehta proposed a dynamic fee structure proposal for the Ethereum application layer on April 27 to strike a balance between revenue creation for application developers and fairness in fee extraction. The scheme uses a square root function to calculate the fee ratio, charging a higher ratio when the fund pool is smaller, and a fee cap of 1% when it exceeds $10 million to support application developers and encourage project growth. Owocki and Mehta's proposal to balance the income and profitability of Ethereum application developers reflects the growing calls for reforms to the fee structure and value accumulation mechanism to maintain Ethereum's economic viability relative to competing networks.
ALPACA fell more than 50% in the early hours of this morning and is now trading at $0.1763
The market shows that ALPACA fell 53% in a short period of time this morning and is now trading at $0.1763. Previously, on April 24, Binance announced that it would delist ALPACA on May 2. After the announcement, ALPACA rose by more than 650%.
1inch team investment fund spent 1.094 million USDC to buy 5.498 million 1INCH
According to on-chain analyst Yu Jin's monitoring, the 1inch team investment fund started buying 1INCH after selling part of WBTC the day before yesterday: in the past day or so, it bought 5.498 million 1INCH at a price of US$0.199 through limit orders, spending 1.094 million USDC.
Swiss Spar Supermarkets to Soon Accept Bitcoin Payments in All Stores
According to Bitcoin News, Bitcoin payments will be expanded to all Swiss Spar supermarkets after a successful pilot in Zug and Kreuzlingen. The service will be launched as soon as possible.
Trump family crypto project World Liberty Financial (WLFI) said on the X platform that its founders Zach Witkoff, Zak Folkman and WatcherChase met with Binance founder Zhao Changpeng in Abu Dhabi to discuss topics such as promoting the global popularity of cryptocurrencies and setting new standards. Zhao Changpeng previously posted that he met with Zach Witkoff and Bilal Bin Saqib that day, and expected that traditional media might fabricate negative reports on this, but emphasized that he would continue to focus on construction.
Hunter Horsley, CEO of Bitwise, wrote on the X platform that the price of Bitcoin has reached $94,000, but the number of searches for "Bitcoin" on Google is close to a long-term low. This is not driven by retail investors. Institutions, investment advisors, companies and national entities have entered the market. The types of investors buying Bitcoin are becoming more diverse.
Stablecoin market value increased by $4.58 billion in the past week, approaching $240 billion
According to Cointelegraph, the stablecoin market capitalization increased by $4.58 billion in just one week, approaching the $240 billion milestone. Tether, USDC, and new competitors such as USDS and RLUSD continue to drive market growth.
Term Finance lost $1.6 million due to oracle configuration error and has recovered $1 million
According to The Block, Term Finance, a fixed-rate lending market in the Ethereum ecosystem, lost about $1.6 million in ETH on Saturday due to an oracle configuration error. Through internal recovery and negotiation, Term has recovered more than $1 million in funds, including 223.197 ETH (about $400,000) recovered internally and 333 ETH (about $600,000) recovered through negotiation. The remaining unrecovered losses totaled 362.03 ETH (about $650,000), a significant reduction from the initial loss. Term emphasized that the loss was caused by a oracle vulnerability, not a hacker attack or smart contract being exploited, and user funds were not directly locked. It is not clear what form the negotiation for the recovery of its funds will take. In addition, security company TenArmor disclosed that Impermax Finance was also attacked last Saturday, with losses exceeding $150,000. It said that someone used flash loans to drain the V3 funding pool and promised to provide a post-event analysis after verification.
A whale bought 30,000 ETH and 600 BTC through OTC today
According to Lookonchain monitoring, a whale transferred about $112 million USDC to Wintermute through OTC transactions today, and obtained 30,000 ETH (about $54 million) and 600 BTC (about $56.7 million).
Xie Jiayin, the Chinese director of Bitget, posted on the X platform that Bitget has verified the details of the VOXEL incident and confirmed that it will send lawyers' letters to 8 suspected related professional arbitrage group accounts, involving more than 20 million US dollars in improper gains. The recovered funds will be 100% returned to the platform users in the form of airdrops. In addition to the accounts involved, users who traded and withdrew normally between 16:00 and 16:30 on April 20 will not be held accountable, and their accounts have returned to normal. The official promised to publish a complete accident report as soon as possible.
According to Token Unlocks data, SUI, OMNI, OP and other tokens will be unlocked in large amounts next week, including: Sui (SUI) will unlock about 74 million tokens at 8:00 am Beijing time on May 1, accounting for 2.28% of the current circulation and worth about 267 million US dollars; Omni Network (OMNI) will unlock about 15.98 million tokens at 7:00 pm Beijing time on May 2, accounting for 83.51% of the current circulation and worth about 42.2 million US dollars; Optimism (OP) will unlock about 31.34 million tokens at 8:00 am Beijing time on April 30, accounting for 1.89% of the current circulation and worth about 25.7 million US dollars; Kamino (KMNO) will unlock about 229 million tokens at 8:00 pm Beijing time on April 30, accounting for 16.98% of the current circulation and worth about 14.5 million US dollars; Ethena (ENA) will unlock about 40.63 million tokens at 3:00 p.m. Beijing time on May 2, accounting for 0.73% of the current circulation and worth about $14.2 million; ZetaChain (ZETA) will unlock about 44.26 million tokens at 8:00 a.m. Beijing time on May 1, accounting for 5.67% of the current circulation and worth about $11.3 million; Renzo (REZ) will unlock about 527 million tokens at 7:00 p.m. Beijing time on April 30, accounting for 19.57% of the current circulation and worth about $7.4 million; Memecoin (MEME) will unlock about 3.45 billion tokens at 3:30 p.m. Beijing time on May 3, accounting for 7.90% of the current circulation and worth about $7.4 million; dydx (DYDX) will unlock about 8.33 million tokens at 8:00 a.m. Beijing time on May 1, accounting for 1.09% of the current circulation and worth about $5.4 million; Gunz (GUN) will unlock approximately 83.33 million tokens at 10:00 pm Beijing time on April 30, accounting for 13.79% of the current circulation and worth approximately US$5 million.
ProShares Trust postpones XRP-related ETF effective date to April 30
According to the U.S. SEC documents, ProShares Trust filed Form 485BXT earlier this month, announcing that the registration effective date of ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF and ProShares Short XRP ETF will be postponed to April 30, 2025. This revision only changes the effective date and does not involve the content of the prospectus and supplementary instructions.
Bitrue hacker sells SHIB and HOT again to cash out
According to Embers, the hacker who stole $23 million in assets from Bitrue in April 2023 once again sold the remaining assets on the chain: 150 billion SHIBs for 1,090.4 ETH (about $1.97 million), and 135 million HOTs for 76.5 ETH (about $140,000). The hacker had previously sold 4,207 ETH in March 2024.
Sui Wallet and Stashed merge to launch Slush
According to Mysten Labs, Sui Wallet and Stashed have officially merged into a new wallet, Slush, which supports web, mobile and browser plug-ins, and provides self-custody, zkLogin quick login, NFT management, staking and one-click transfer functions. The official said that the minor glitches that had occurred in the browser plug-in have been fixed, and users can experience the new version of the wallet seamlessly and synchronously.
