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WeBank Technology Services has unveiled a new blockchain-based infrastructure to enhance Hong Kong’s Web3 ecosystem, announced at the Hong Kong Web3 Festival 2025.
Dubai is taking a bold step toward modernizing its real estate sector through blockchain technology, as two key regulators sign a strategic cooperation agreement to explore property tokenization.
Investor caution returned to digital asset markets last week as cryptocurrency exchange-traded products (ETPs) recorded $240 million in outflows, ending a two-week streak of inflows totalling $870 million.
Conor McGregor’s much-hyped REAL memecoin has failed to deliver on its ambitious presale target, raising only $390,000—61% below its $1 million minimum goal.
Glassnode data has confirmed that more than 80% of TRX and XRP holders are currently in unrealized profits despite the market crash.
The PI token shot up over 3% in the past 24 hours as 1.5 million tokens are scheduled to be unlocked per day starting April 11.
Quick Take Despite the slowdown, decentralized exchanges still claim a growing share of spot trading, with newer platforms and Layer 2s helping offset Ethereum’s volume decline. The following is an excerpt from The Block’s Data and Insights newsletter.
Larry Fink, CEO of BlackRock, warns of US economy weakening He sees zero chance of four or five interest rate cuts this year Fink doesn’t rule out another 20% market decline
- 00:34Movement Announces Third-Party Review of Previous Market Maker AbnormalitiesAccording to Odaily, the Movement Network Foundation has announced a third-party review of the abnormalities with external market makers. The Foundation has commissioned Groom Lake, a professional intelligence agency in the digital asset field, to carry out this review. Upon completion, the Foundation will release the findings and the measures to be taken.Previously, on March 25, the Movement Network Foundation stated that it received a notification from Binance on March 11. A market maker was suspected of inappropriate actions involving multiple tokens, including the MOVE token. The market maker allegedly sold off a large number of tokens after the MOVE TGE, violating its obligation to provide bilateral liquidity support. The Foundation was unaware of this and, upon learning of it, immediately severed ties with the market maker, informed other trading platforms, and assisted Binance in the investigation. The Foundation stated that it has recovered the related funds and plans to use the recovered $38 million for open market repurchase of MOVE, establishing the "Movement Strategic Reserve" fund.
- 00:34Pump.fun Suspected of Selling 95,933 SOL Again and Transferring Funds to CEXPANews, April 22, reported that according to Onchain Lens monitoring, Pump.fun is suspected of transferring 95,933 SOL through five newly created wallets, exchanging them for $13.23 million USDC at a rate of approximately $138 per SOL, and depositing the funds into an exchange. This transaction amount matches the amount Pump.fun has deposited in the past 9 hours, raising market concerns over its potential continued selling of SOL.
- 00:32Galaxy Digital Transfers Another 5,000 ETH to CEX; Over 65,000 Transferred to Exchanges in One WeekAccording to Odaily, as monitored by OnchainDataNerd, Galaxy Digital transferred another 5,000 ETH to CEX 8 hours ago, equivalent to approximately $8.11 million at the time of transaction. Over the past week, they have cumulatively transferred about 65,280 ETH to exchanges, valued around $105 million. As of now, the address still holds approximately 55,760 ETH, worth about $87.86 million. Frequent transfers to exchanges may indicate expectations of liquidation, and the market should be attentive to potential selling pressure.