According to TechFlow, the decentralized trading platform DODO announced the launch of DODOchain. Officials said that this is an Omni Trade Layer3, supported by Arbitrum Orbit, EigenLayer and AltLayer. DODOchain will use EigenDA to provide Ethereum's consensus and security functions. It is reported that the DODOChai test network is now online.

Written by: TaxDAO

Since the U.S. Securities and Exchange Commission approved the listing of the first batch of 11 spot Bitcoin ETFs on January 10, the Hong Kong financial market has also made new progress in incorporating virtual assets. On Monday, April 15, according to public information disclosure, the issuance of virtual asset spot ETF products by Hong Kong subsidiaries of mainland public funds, Bosera International, China Asset Management (Hong Kong), and Harvest International, has been approved in principle by the Hong Kong Securities Regulatory Commission. It is reported that after the approval of the business, the manager can provide virtual asset management services to investors and apply to the regulator to issue ETF products that can invest in spot Bitcoin and spot Ethereum. Ordinary investors can subscribe to related products through the Hong Kong Stock Exchange.

According to TechFlow, Biconomy, a multi-chain infrastructure developer, has officially announced that it will airdrop ARB to BICO stakers (this is Airdrop #1). The airdrop qualification query website is now open and the application period is from April 22 to May 10.

According to reports, the condition for obtaining the ARB airdrop is to stake at least 1,000 BICO (or 190 BBPT), and the snapshot time is 0:00 on April 12. Biconomy added that users need to sign a "claim transaction", but will not receive ARB immediately. Once the claim period ends, the official will automatically deposit the ARB allocation directly into the user's Arbitrum on-chain wallet.

According to TechFlow, TON announced the official launch of the TON/USDT liquidity pool incentive activity with a total scale of US$30 million. 5 million TONs will be used to incentivize users who add liquidity to the TON/USDt liquidity pool (LP) on the TON decentralized exchange.

According to the official news of Anchorage Digital, Aaron Schnarch, former CEO of Coinbase Custody, has joined Anchorage Digital as Chief Operating Officer. Aaron Schnarch will oversee all business lines of Anchorage, including custody, trading, staking, settlement and self-custody, as well as sales, marketing and business development.

According to Beincrypto, the Web3 social protocol PairedWorld announced that it has completed a $1.5 million financing, but the details of the financing are unknown. BlackRock Venture Partner Paul Taylor also joined its advisory board.

PairedWorld aims to enhance real-world social interactions through blockchain technology while providing new data avenues for consumer brands through real-world interactions (RWI). Paul Taylor's joining the PairedWorld board of directors is reportedly expected to significantly boost the development of the protocol. His extensive expertise in fintech and blockchain is consistent with PairedWorld's mission.

According to TechFlow, on April 22, according to Ave data, the meme token Mickey rose by 290% and was temporarily reported at US$0.0{5}323.

It is reported that Mickey is a Meme token issued on SOL and was launched on April 22.

According to TechFlow, Bitcoin L2 network BOB (Build on Bitcoin) stated that due to the surge in the number of projects ready to be deployed on BOB, the team will postpone the mainnet launch time to May 1 (originally scheduled for April 24) to accommodate additional testing and auditing.

According to TechFlow, investment bank Benchmark has raised the target share price of Hut 8, a listed Bitcoin mining company, to $12. Its current share price is about $8.05. In addition, Benchmark has also rated the company as "buy".

According to TechFlow, Lookonchain monitoring shows that a whale withdrew 800 bitcoins from Binance in the past 5 hours, worth approximately US$52.84 million.

The whale is reported to have sold 4,556 bitcoins ($302.3 million) between March 15 and March 22.

According to TechFlow, Othentic, a project focusing on shared security of distributed systems, announced the completion of a $4 million seed round of financing, led by Finality Capital Partners and Breyer Capital, with participation from Coinbase Ventures, HashKey Capital, Collider Ventures, BanklessVC, Robot Ventures, Everstake, PUNK DAO and others.

According to Coindesk, the Omni Foundation announced the launch of the Omni Network mainnet on the Ethereum L2 networks Arbitrum and Optimism. The team said that Omni is a joint Ethereum aggregated L1 that provides access and liquidity to the Ethereum ecosystem for all users. The launch was carried out after Omni's token generation event and airdrop, sending $3 million in OMNI to Omni and the Ethereum ecosystem.

According to Cryptobriefing, DePIN network io.net announced a strategic partnership with decentralized GPU cloud infrastructure Aethir. io.net's virtualization technology cluster solution will be integrated with Aethir's enterprise-level distributed GPU cloud to create a powerful, low-latency, and cost-effective GPU-intensive workload solution to enhance GPU access, performance, and coverage for AI, machine learning, and gaming applications.

Additionally, Aethir will airdrop $50 million worth of ATH tokens to io.net community members, while io.net will airdrop $50 million worth of IO tokens to Aethir community members.

review:

In my previous blog post “What kind of DApp do we need?”, I shared my thoughts on the key components of a successful application: product, subculture, and economic model.

I predicted that meme tokens would become a trend in this cycle. This prediction was several months earlier than the meme trend began in 2024.

So the questions are:

Why are some public chains highly active and filled with various meme coins, while others have significantly decreased after airdrops and become "ghost chains"?

Before we go any further, let's first understand the concept: "meta".

Written by: Bitget Research Institute

In the past 24 hours, many new hot currencies and topics have appeared in the market, and it is very likely that they will be the next opportunity to make money.

The sectors with strong wealth-creating effects are: Solana Meme;

The sectors that need to be focused on in the future: Runes Protocol;

The most searched tokens and topics by users are: MultiBit, GUMMY, TON;

Potential airdrop opportunities include: LI.FI, Grass

Data statistics time: April 22, 2024 4:00 (UTC+ 0)

1. Market environment

Last week, the Fed's hawkish inclinations intensified, and the market's expectations for rate cuts further cooled. The Fed's "hawkish in January, dovish in January" performance increased market uncertainty. BTC showed strong resilience before and after the halving. After a short-term decline caused by the deterioration of the situation in the Middle East, it quickly rebounded and recovered the decline, stabilizing the price of the currency in the range of 63,000-65,000 over the weekend.

According to Cryptoslate, Swiss Bitcoin advocate, founder and chairman of the non-profit think tank 2B4CH, Yves Bennaïm, has launched a referendum urging the Swiss National Bank (SNB) to include Bitcoin in its national asset reserves.

It is reported that the launch of this referendum depends on whether 100,000 valid signatures of Swiss citizens can be obtained. If the required number is reached, Swiss citizens will vote on the proposed amendments.

According to TechFlow, according to OKLink data, since the fourth Bitcoin halving (as of 18:00 on April 22), nearly 60% of Bitcoin miners' income comes from transaction fees, of which the transaction fees generated on April 20 due to the popularity of runes exceeded 1,000 BTC. In this regard, OKLink Research Institute stated in its latest article that although this miner income structure based on transaction fees is not sustainable at this stage, it proves that the increase in transaction fees brought about by active Bitcoin chain activities is theoretically sufficient to generate continuous positive incentives for the miner group, thereby offsetting the negative impact of the reduction in block rewards brought about by the halving.

According to TechFlow, the Hong Kong Securities and Futures Professionals Association published a letter to the Hong Kong Treasury Bureau on its official website, "Proposal to Establish an Independent Self-Regulatory Organization for the Development of the Securities, Futures, Asset Management and Virtual Asset Industries", pointing out that many economically developed regions in the world, including my country, have statutory semi-official industry self-regulatory organizations that focus on industry development and maintain the market ecology. Hong Kong can refer to a similar approach and form a self-regulatory organization with "industry development as the core function" composed of industry stakeholders. It is responsible for formulating and implementing business conduct rules in areas such as promoting a healthy competitive ecology in the industry, coordinating the number of licenses issued, reviewing advertisements, and advocating to improve the corporate governance level of securities companies. It aims to ensure the long-term and healthy development of the industry as a whole, enhance the competitiveness of the Hong Kong securities market in the global market, and consolidate its position as an international financial center. In terms of supervision, the power of the SFC's licensing department must also be set up in a self-regulatory organization, while other regulatory powers over the market remain unchanged.

Submitted by OKG Research

Author: Jason Jiang

According to OKLink data, Bitcoin successfully completed its fourth halving at block height 840000 (8:09 Beijing time on April 20, 2024), and the Bitcoin mining reward was officially reduced from 6.25BTC to 3.125BTC. After this halving, the Bitcoin inflation rate will also drop from 1.75% to 0.85%, which is expected to be only about 1/2 of the gold supply growth rate, making it a truly more scarce asset than gold.

In theory, the short-term income of Bitcoin miners will be directly affected after the halving. However, since the Bitcoin Rune was launched simultaneously with the Bitcoin halving, the transaction fees on the Bitcoin chain have increased rapidly in the past two days, so that miners have not felt the negative impact of the halving in the first 100 blocks after the halving. On the contrary, they have gained more than before the halving: on April 20 alone, the transaction fees on the chain generated by the Rune activity accounted for as high as 57.7%; the transaction fees generated by block 840000 reached 37.626BTC, which is about 6 times the block reward before the halving. Since the completion of the Bitcoin halving, transaction fees have accounted for nearly 60% of miners' income (as of 18:00 on April 22, 2024).

According to TechFlow, STEPN officially announced that the Adidas Genesis Sneaker Raffle minting event has ended, locking in more than 120 million GMTs.