TinTucBitcoin.com - Continuously update the latest news about Bitcoin and the cryptocurrency market. Bring you the most accurate and fastest information.
Instructions for transferring refs to reduce 20% of Spot trading fees and 10% of Futures for those who already have a Binance account but have never accepted anyone's invitation before.
+ Step 1: Go to this ref link: https://www.binance.com/join?ref=RPFVVF9J
+ Step 2: Select login and log in to your current account.
After logging in, a confirmation window will appear.
+ Step 3: Select [Bind Now] [Link Now] and you're done, you will be under your ref.
Note: If you have registered Binance through a previous ref link, you will not be able to do it.
Loopscale Recovers Lost Cryptocurrency, Users Safe
Report on the Cryptocurrency Incident
On April 29, according to information from the official Twitter account of Loopscale, the amount of 5,726,725 USDC and 1,211 SOL stolen on April 26 has been successfully returned. No user deposits were lost during this process.
Details About the Incident
The development team will provide further details about the withdrawal from the vault later. The negotiations have been successfully achieved, ensuring the safety of user assets. This is a testament to the security and resilience of the cryptocurrency system when faced with serious incidents.
On April 29, information from govinfo.gov indicated that U.S. Senator Bernie Moreno proposed the "U.S. Blockchain Technology Deployment Act 2025" (S.1492) on April 10. The goal of this act is to require the Secretary of Commerce to support the global leadership position of the United States in the deployment, application, and enhancement of the competitiveness of blockchain technology. The bill is currently under consideration by the Senate Committee on Commerce, Science, and Transportation.
On April 29, according to the official account of Binance Wallet, users reported frequent failures in transactions for KMNO Token. The cause was identified as the basic mechanism of the decentralized exchange (DEX). Binance has contacted the DEX party to confirm the issue and stated that it will continue to monitor and optimize this process.
Users humorously suggested that Binance is encouraging value investing and long-term holding. This information is intended to provide market data, not investment advice.
Liquidation of 153 million USD in contracts in the past 24 hours
ā
On April 29, according to data from Coinglass, in the past 24 hours, the cryptocurrency market witnessed a total contract liquidation of up to 153 million USD. Of this, 73.0134 million USD came from long orders and 80.0211 million USD came from short orders.
The total liquidation amount for BTC reached 29.7152 million USD, while ETH was 31.4629 million USD. These numbers reflect the strong volatility of the cryptocurrency market. The market is undergoing a high liquidity phase, indicating significant fluctuations between long and short investment orders.
Unto Labs Raises 14 Million USD for RISC-V Blockchain
Unto Labs Completes Funding Round of 14.4 Million USD
According to a report from Fortune on April 29, Unto Labs announced the completion of a funding round worth 14.4 million USD led by Framework Ventures and Electric Capital. The company is valued at 140 million USD. Unto Labs is developing a separate blockchain along with the ThruVM virtual machine, based on RISC-V architecture, aimed at improving compatibility with traditional hardware and lowering barriers for developers outside the cryptocurrency field.
Unto Labs raises $14 million for RISC-V blockchain
Unto Labs Completes $14.4 Million Funding Round
According to a report from Fortune on April 29, Unto Labs announced the completion of a $14.4 million funding round led by Framework Ventures and Electric Capital. The company was valued at $140 million. Unto Labs is developing a separate blockchain along with the ThruVM virtual machine, based on RISC-V architecture, aimed at improving compatibility with traditional hardware and lowering barriers for developers outside the cryptocurrency field.
Meta launches Meta AI application, voice conversation
Meta just launched the new Meta AI application on April 29. The conversation features, including full-duplex functionality, have been deployed in the United States, Canada, Australia, and New Zealand. This emergence marks an important step forward in intelligent communication technology. The application aims to enhance user experience by combining advanced artificial intelligence with modern communication tools.
New Cryptocurrency Regulations in the UK to Combat Fraud
New Announcement on Cryptocurrency Regulations from the UK
On April 29, the UK Treasury and Chancellor of the Exchequer Rachel Reeves proposed new regulations for cryptocurrencies, aimed at supporting innovation while tightening controls on fraudsters. This new regulatory round will apply to cryptocurrency exchanges, dealers, and brokers, bringing them into the proper legal framework, amid many residents being scammed by risky and fraudulent companies.
Cryptocurrency ETF Market: Strong Flows Into Bitcoin and Ethereum
On April 29, Bitcoin ETFs recorded inflows of 6,634 BTC, equivalent to about $630 million. BlackRockās iShares led the way with inflows of 10,249 BTC and total holdings of 598,936 BTC. This is a clear sign of strong institutional interest in cryptocurrencies.
Report on $649 billion Stablecoins Related to Illegal Activities 2024
Bitrace Report 2024: Trends and Risks in Stablecoin Trading
In 2024, according to Bitrace's report, $649 billion worth of stablecoins circulated through blockchain addresses identified as high-risk. These addresses are often associated with illegal entities. This accounts for approximately 5.14% of the total stablecoin transaction volume for the year, a slight decrease from 5.94% the previous year but still higher than the 2.8% in 2022 and 1.63% in 2021.
On April 29, a famous whale, known as "Aunt Ai", executed a notable transaction in the cryptocurrency market. Previously, on April 28, this whale borrowed money to purchase 15,000 ETH, earning a profit of $301,000.
Borrowing and Short-Selling Strategy
Recently, the whale borrowed an additional 4,000 ETH, worth approximately $7.32 million. With this move, the whale sold ETH at an average price of $1,832.2.
New ZK Ethereum Solution from Kakarot and StarkWare
Kakarot Develops Independent ZK Proof System for Ethereum
According to sources, Kakarot ā backed by Vitalik and StarkWare ā is developing an independent zero-knowledge (ZK) proof system for Ethereum. This system is expected to achieve real-time block proof capability for Layer 1 by the end of 2025. The goal is to enhance the diversification and sustainability of Ethereum's validation system.
Trump Organization's $1 billion project in Dubai accepts cryptocurrency payments
On April 29, Eric Trump, Executive Vice President of Trump Organization, announced that the company would accept cryptocurrency payments for its new $1 billion project in Dubai. This project is a collaboration between Trump Organization and Dar Global, consisting of hotels, apartments, and a club, expected to be completed within the next five years.
Letsbonk.fun raises 800K USD after 3 days of launch
Title: Solana and the Prominent Token BONK
Recently, Solana has attracted attention through the dog-inspired token, BONK. The new launch platform, Letsbonk.fun, has been launched, energizing the BONK and Raydium communities. In three days, this platform has garnered a pace of 800,000 USD, a portion of the fees used to buy back BONK tokens.
The price of BONK has surged 54% in the past week. This not only reflects increasing interest but also indicates a significant rise in BONK's futures contracts, signifying higher price volatility.