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USDT0 has been listed on Unichain

2 days ago

On March 31st, Tether launched the cross-chain stablecoin USDT0 on Unichain.
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MEXC Lists Babylon (BABY) for Preliminary Trading

On April 2nd, according to official information, MEXC opened pre-trading for Babylon (BABY) at 11:00 (UTC+8) on April 2, 2025. Users can make trades in advance before the spot trading for BABY opens.

4 minutes ago

SEC and Gemini Submit Joint Motion Seeking Potential Resolution of Crypto Lending Lawsuit

On April 2nd, according to TheBlock's report, yesterday the U.S. Securities and Exchange Commission (SEC) and the cryptocurrency exchange Gemini submitted a joint letter to the federal court in the Southern District of New York, requesting the judge to approve a 60-day litigation pause. During this period, both parties will explore potential solutions to the lawsuit regarding Gemini Earn, a cryptocurrency lending product. The case stemmed from a lawsuit filed in January 2023, in which the SEC accused Gemini of illegally selling unregistered securities through the Earn project, raising billions of dollars worth of cryptocurrency assets. A month prior to the submission of this motion, Gemini co-founder Cameron Winklevoss disclosed that the SEC had officially notified the end of the investigation into the exchange and would not pursue enforcement actions. This change in the SEC's stance is regarded as a continuation of the cryptocurrency-friendly policies during the Trump administration.

4 minutes ago

Shitcoins Experience Widespread Sell-off, ACT Plunges Over 63% in 24 Hours

On April 2nd, based on HTX market data, the majority of altcoins witnessed a general decline. These include: ACT experienced a 63.05% price drop in the past 24 hours and is currently trading at $0.0699. LEVER saw a 37.71% price decline in the past 24 hours and is currently trading at $0.000507. DF had a 36.86% price drop in the past 24 hours and is currently trading at $0.04688. MASK suffered a 33.69% price drop in the past 24 hours and is currently trading at $1.364. BROCCOLI74 experienced a 31.81% price drop in the past 24 hours and is currently trading at $0.03264.

4 minutes ago

Ethereum On-Chain Whale Transaction Activity Declines, with the Number of Large ETH Transactions Decreasing by 63.8% Since February 25

On April 2nd, the cryptocurrency analyst @ali_charts presented a chart analysis indicating that since February 25th, the quantity of large ETH transactions has witnessed a decrease of 63.8%, suggesting a decline in on-chain whale activity.

4 minutes ago

Synthetix Founder: L2 and Alt L1s Erode Ethereum Mainnet's Rent-Seeking Ability

On April 2nd, Synthetix founder Kain stated in a post that the Ethereum mainnet is experiencing economic pressure. This is due to the reduction in Gas fees and ETH burn resulting from L2 scaling off-chain transaction activities and the Blob introduced by EIP-4844 to lower data availability costs. Kain believes that the rise of L2 has captured the revenue that originally belonged to the mainnet. In the future, shifting to alternative DA solutions such as Celestia is more likely to further weaken the Ethereum mainnet's profitability. To address this issue, he proposed that in the short term, L2 could support the mainnet through official L2 channels or a rental mechanism. In the long term, it will be necessary to rely on new demands such as the tokenization of real-world assets to increase the overall L1/L2 adoption rate. He emphasized that the Ethereum community has an advantage in coordination but should promptly abandon irrelevant projects and focus resources on breaking through the ap

4 minutes ago

The ETF Store President: Predicts Index-Based Cryptocurrency ETF Will Be Approved by Year-End

On April 2nd, Nate Geraci, the president of The ETF Store, stated on social media that Grayscale had filed an S-3 form and was planning to register its Grayscale Digital Large Cap Fund as an Exchange-Traded Fund (ETF). This fund holds BTC, ETH, XRP, SOL, and ADA. The New York Stock Exchange had previously submitted a 19b-4 application to list and trade this ETF. Still adhering to the forecast, a cryptocurrency ETF based on an index will be approved by the end of the year, if not earlier.

4 minutes ago