Binance Wallet's new TGE B2 Network participation score requirement is 82 points
On April 30th, according to the official announcement, Binance Wallet has announced the participation threshold for the new round of the B2 Network (B2) TGE. Alpha Points need to reach 82 points. The subscription period for this round is from April 30, 2025, 16:00 to 18:00 (UTC+8).
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The current mainstream CEX, DEX funding rate differentiation, coexistence of neutrality and bearish sentiment
On April 30th, based on Coinglass data, the current mainstream CEX and DEX funding rates are showing a divergence. There is a coexistence of neutrality and bearish sentiment. The specific funding rates for major cryptocurrencies are presented in the attached image.
BlockBeats Note: The funding rate is a fee set by cryptocurrency exchanges to maintain the balance between the contract price and the underlying asset price. It is typically applicable to perpetual contracts and is a fund exchange mechanism between long and short traders. The exchange does not charge this fee. It is used to adjust the cost or profit of traders holding contracts to keep the contract price close to the underlying asset price.
When the funding rate is 0.01%, it represents the baseline rate. When the funding rate is greater than 0.01%, it indicates a generally bullish market. When the funding rate is less than 0.005%, it indicates a generally bearish market.
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The Indian High Court has ordered the ban of the encrypted email platform ProtonMail.
On April 30th, the High Court of Karnataka in India issued an order to ban the encrypted email service Proton Mail. The court invoked the "2008 Information Technology Act" and directed the government to "immediately block" the domain names related to Proton Mail. This action originated from a complaint filed by a New Delhi design firm in January of this year, claiming that its employees received offensive emails through the service.
It is important to note that in March 2024, Indian authorities had proposed to ban the service due to "false bomb threats," but the service continued to operate in India. Additionally, Proton AG (the Swiss parent company of the platform) provided a user's information to Spanish authorities in 2024, which raised concerns among privacy advocates regarding the data security of this centralized service.
Proton was founded in Switzerland in 2014 and is renowned for services such as Proton Mail, Proton VPN, and Proton Drive. It focuses on providing privacy-firs
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Bloomberg Prediction: Probability of LTC and SOL Spot ETF Approval by 2025 Reaches 90%
On April 30th, as per Bloomberg's Senior ETF Analyst Eric Balchunas, Bloomberg Intelligence projects that by 2025: the likelihood of approval for LTC and SOL spot ETFs stands at 90%; the likelihood of approval for an XRP spot ETF is 85%; the likelihood of approval for DOGE and HBAR spot ETFs is 80%; the likelihood of approval for ADA, DOT, and AVAX spot ETFs is 75%.
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In the last 24 hours, CEX net outflow of 8845.35 BTC
On April 30th, based on Coinglass data, in the past 24 hours, CEX has a total net outflow of 8845.35 Bitcoins. The top three outflow exchanges are as follows: Coinbase Pro with an outflow of 8840.52 BTC; Bybit with an outflow of 909.39 BTC; and OKX with an outflow of 274.04 BTC. Additionally, Kraken had an inflow of 1081.54 BTC, ranking first in the inflow list.
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ALPACA Short-Term Breaks $0.91, Surges Over 3000% Since "Binance Delisting" Announcement, Liquidates $26.87 Million in the Past 4 Hours
On April 30th, based on market data, ALPACA briefly exceeded $0.91 and once again reached a new high in the current upward trend since the "Binance delisting" announcement (with a cumulative increase of more than 3000%). Currently, it is trading at $0.75, with a 24-hour gain of 214%.
According to Coinglass data, the total 24-hour trading volume of ALPACA reached $4.45 billion, and the current open interest is $167 million. In the past 4 hours, there have been liquidations totaling $26.87 million across the network, making it the highest liquidation amount for a specific trading pair in the last 4 hours. Among these liquidations, long positions were liquidated for $0.786 million and short positions for $26.09 million. It is worth noting that this liquidation amount significantly exceeds the sum of liquidations for BTC, ETH, and SOL during the same period ($9.88 million + $4.06 million + $1.23 million = $15.17 million), and also accounts for the vast majority of the total network liquid
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