#CryptoFees101 Project and Industry Dynamics
1. Twetch Platform Sudden Shutdown, Users' NFTs Trapped
The social media platform Twetch, based on the BSV chain, shut down without warning, and users are unable to withdraw NFTs from the platform. The official statement claims they are "urgently handling" the situation but did not specify the reason.
2. Yuga Labs Plans to Dissolve ApeCoin DAO
CEO Greg Solano criticized the inefficiency of DAO governance and plans to transfer assets to a new entity, ApeCo, focusing on core businesses like ApeChain. If approved, token holders will lose governance rights.
3. Institutional Holdings Reach New Highs
The Bitcoin holdings of listed companies reached 809,000 coins (approximately $85 billion), more than doubling within a year. Investment advisors have become the largest holders of Bitcoin ETFs ($10.28 billion), and Ethereum ETF institutional holdings have surpassed $1.06 billion.