Binance Wallet: Partial Alpha Token Sell Order Transaction Failed Due to Underlying DEX Issue, Continued Follow-up and Optimization in Progress
Update, April 29th. Binance Wallet responded to a user's query regarding failed Alpha token trades on social media. It stated, "The KMNO token trades have a relatively higher failure rate due to factors related to the underlying DEX. This problem needs to be addressed by the underlying DEX. We have already had communication with the underlying DEX, and they have recognized the issue. We will keep monitoring and make efforts to optimize this issue."
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Unto Labs Raises $14.4M in Funding, Led by Framework Ventures and Electric Capital
On April 29th, as per Fortune magazine, the crypto company Unto Labs, founded by a former employee of Crypto Jump, has successfully completed a financing round of $14.4 million. This round was led by Framework Ventures and Electric Capital, and the company is valued at $1.4 billion. Heeger is developing his own virtual machine, ThruVM, for the planned Unto blockchain, which will utilize RISC-V. Unto Labs will utilize this round of financing to recruit more employees, aiming to expand the team from 5 people to 10 people by the end of the year.
Liam Heeger previously served as a core engineer at Jump Crypto for two years and was involved in developing the company's flagship product, Firedancer (a computer system connected to the Solana blockchain). In January of this year, Heeger left to start his own business and immediately faced a lawsuit from his former employer, who accused him of establishing a "competitive business." Now, after reaching a settlement, Heeger has announced his new
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If Bitcoin surpasses $96,000, the mainstream CEX cumulative short liquidation pressure will reach $1.143 billion
On April 29th, based on Coinglass data, if Bitcoin manages to break through $96,000, the cumulative short liquidation intensity on mainstream CEX will amount to $1.143 billion.
Conversely, if Bitcoin drops below $94,000, the cumulative long liquidation intensity on mainstream CEX will reach $659 million.
BlockBeats Note: The liquidation chart does not disclose the exact number of contracts to be liquidated or the precise value of contracts to be liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to neighboring liquidation clusters, that is, intensity.
Therefore, the liquidation chart illustrates the extent to which reaching a certain price level will be impacted. A higher "liquidation bar" indicates that when the price reaches that level, it will experience a more intense reaction due to a liquidity cascade.
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Eigen Foundation has released its 2025 Community Grant Strategy, which will allocate 40 million EIGEN tokens.
On April 29th, the Eigen Foundation disclosed its 2025 Community Funding Strategy. It will allocate 40 million EIGEN tokens and distribute the funding quarterly to boost the development of the ecosystem. Previously, the Eigen Foundation had set aside 15% of the initial total supply for the EigenLayer community plan, including incentive programs and grants for users, developers, and community contributors. The Eigen Foundation will be in charge of deploying these grants to the EigenLayer community.
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The Trump Group will invest $1 billion in Dubai to develop Trump-branded hotels and residences, and will accept cryptocurrency payments
On April 29th, as reported by The National, Eric Trump disclosed that the Trump Organization announced a $1 billion investment in Dubai for the construction of a Trump-branded hotel and residences. This project will accept cryptocurrency payments and will feature a $20.4 million penthouse along with other luxury apartments. It is anticipated that the project will be completed within five years.
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The 15,000 ETH Swing Whale who previously borrowed coins to go long has once again borrowed 4,000 ETH 2 hours ago and sold them at an average price of $1832.2 to go short.
On April 29th, based on the monitoring of @ai_9684xtpa, on April 28th, a whale that borrowed 15,000 ETH for a long position and achieved a profit of $301,000 carried out this activity again 2 hours ago by borrowing an additional 4,000 ETH ($7.32 million) and selling it short at an average price of $1832.2.
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