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Bitget Onchain Trading Now Supports B2 Network (B2)

4 hours ago

On April 30th, Bitget Onchain Trading launched the B² Network (B2). Users are now able to commence trading on the onchain trading section. Bitget Onchain Trading endeavors to seamlessly connect CEX and DEX, offering users a more convenient, efficient, and secure onchain trading experience.

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Re7 Capital Launches $10M Fund to Invest in SocialFi Startups

On April 30th, according to TheBlock, Re7 Capital has initiated a $10 million fund whose purpose is to make investments in 30 early-stage SocialFi startups. This fund is headed by Re7 Capital, and among its other supporters are Lens, Dan Romero (the co-founder of Farcaster), as well as existing limited partners of Re7 Capital. Re7 partner Luc de Leyritz mentioned that "The timing is just perfect as infrastructure, talent, and user behavior are finally coming together."

13 minutes ago

Movement: Noting Reports of Improper Market Making Protocol Leading to 66 Million Token Dump, Undergoing Detailed Review

On April 30th, Movement Labs issued a statement indicating that they had become aware of the related report "Improper Signing of Market-Making Agreement Resulting in Intermediary Rentech Gaining Control of 66 Million MOVE Tokens". Movement Labs and the Movement Network Foundation have hired a third-party crypto asset intelligence agency, Groom Lake, to conduct a comprehensive review of the abnormal situation of the market maker. The review work by Groom Lake is still in progress. Once all details are obtained, the investigation results will be shared, and governance reforms will be implemented based on the review results.

13 minutes ago

Investigation: Earlier, 66 million MOVE tokens were anomalously sold off or are linked to intermediary Rentech self-trading

On April 30th, as per CoinDesk, the previous liquidity agreement of Movement Labs has led to the obscure intermediary Rentech obtaining control over 66 million MOVE tokens. This resulted in a sell-off of MOVE tokens worth $38 million on the day after the TGE (Token Generation Event), prompting Binance to urgently freeze relevant accounts. Internal contracts reveal that the intermediary Rentech appeared in the agreement as both an agent of the Movement Foundation and a subsidiary of Web3Port, playing a dual role in the transaction. Its domain name was registered on the day of the contract signing. This contract granted Rentech lending rights to approximately half of the publicly held MOVE supply and allowed Web3Port to liquidate the tokens and divide the proceeds with Rentech when the MOVE valuation reached $5 billion. Movement stated that it might have been lured into signing a financial agreement that granted excessive control to a single entity and is currently conducting an invest

13 minutes ago

Tether Announces Acquisition of 70% Stake in South American Sustainable Production Company Adecoagro

On April 30th, Tether announced the acquisition of a 70% stake in the South American sustainable production company Adecoagro. After the acquisition was completed, the Adecoagro board underwent a significant restructuring. The collaboration between Tether and Adecoagro started in September 2024 when Tether invested $100 million to acquire a 9.8% stake in Adecoagro.

13 minutes ago

BlackRock's BIT Bitcoin Holdings Exceed 600,000 Coins, Worth $56.1 Billion

On April 30th, based on LookOnChain data, BlackRock's Bitcoin spot ETF IBIT has seen an increase of 25,430 BTC in its holdings over the past 7 days. The value of this increase is $23.7 billion, bringing the total holdings to 601,209 BTC, with a value of $56.11 billion.

13 minutes ago

Bitcoin Price Drops Below $93,000, 24-hour Loss Extends to 1.94%

On April 30th, based on HTX market data, Bitcoin dropped below $93,000 and is currently trading at $92,977, with a 24-hour loss expanded to 1.94%.