Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Key Market Information Discrepancy on April 16th - A Must-Read! | Alpha Morning Report

Key Market Information Discrepancy on April 16th - A Must-Read! | Alpha Morning Report

BlockBeatsBlockBeats2025/04/16 01:21
By:BlockBeats

1. Top News: ZKsync Hack: Airdrop Distributes Admin Account, Mints 1.11 Billion ZK Tokens 2. Token Unlock: $ARB, $ASTR

Top News


1. ZKSync Hacker Attacks Airdrop Admin's Account, Mints 1.11 Billion ZK Tokens

2. Trump's Latest Crypto Project to Be a Real Estate Video Game

3. Report: Tether, Galaxy, Ledn Lead CeFi Crypto Lending, On-Chain DeFi Lending Surges

4. Standard Chartered Bank Expects Stablecoin Total Supply to Surge to $20 Trillion by 2028

5. HSBC: Bitcoin Thunderbolt Network Goes Live on Mainnet, Introduces UTXO Bundling and OP_CAT to Bitcoin Network via Soft Fork


Articles & Threads


1. "Six Years of Deep Cultivation to Rewrite the Financial New Chapter, Matrixport's Advancement from Crypto Asset Management to Super Account"

The article focuses on Wu Jihan and Ge Yuesheng's entrepreneurial journey from Bitmain to the establishment of Matrixport. Wu Jihan, as an early Bitcoin evangelist, led Bitmain to become a global mining giant but chose to split up due to internal and external challenges, co-founding the crypto asset management platform Matrixport with Ge Yuesheng. Matrixport pioneered a new track in the crypto asset management field, with innovative products like dual-currency wealth management, crossing bull and bear markets, and growing into a unicorn managing $6 billion in assets. The article emphasizes that Matrixport, with compliance and trust at its core, aims to become a one-stop financial gateway to Web3, showcasing the evolution of the crypto industry from fervor to maturity.


2.《ZKsync Hacked: $5 Million Tokens Stolen, Once L2 Star Now in Turmoil

On April 15, ZKsync faced a security breach where the admin account was compromised. 110 million unredeemed ZK airdrop tokens were fraudulently minted and 66 million of them were dumped, amounting to approximately $5 million. This incident caused a sharp 14% drop in the ZK token price within 24 hours. The official statement referred to the event as an isolated case of private key leak, limited to the airdrop contract only, assuring users of fund safety and claiming no impact on the protocol. However, the community raised concerns of insider manipulation, implying a collapse of trust due to centralization issues. Following last year's airdrop and historical Rug Pull events, ZKsync's ecosystem activity has been steadily declining, leaving the once-prominent Layer 2 project in a deep crisis.


Market Data


Daily Market Overall Funding Heat (Reflected by Funding Rate) and Token Unlocks

Data Source: Coinglass, TokenUnlocks


Funding Rate

Key Market Information Discrepancy on April 16th - A Must-Read! | Alpha Morning Report image 0


Token Unlocks

Key Market Information Discrepancy on April 16th - A Must-Read! | Alpha Morning Report image 1


0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Buyer Battles Begin as BlockDAG Offers 25M BDAG Daily! LINK Price Prediction Leans Toward $25 & TRX Crypto Shows Strength

Catch the next big crypto as LINK price prediction targets $25, TRX crypto shows strength & BlockDAG drops Buyer Battles offering 25M BDAG daily fueling buying frenzy.Chainlink Price Prediction Targets $25 BreakoutTRX Crypto Draws Volume After USDT Mint & ETF HypeBlockDAG Launches Daily Buyer BattlesStrong Moves Are Happening Live

Coinomedia2025/04/26 16:00
Buyer Battles Begin as BlockDAG Offers 25M BDAG Daily! LINK Price Prediction Leans Toward $25 & TRX Crypto Shows Strength