According to Foresight News, suspicious transactions have been detected in the cross-chain bridge project X Bridge. An unidentified address obtained funds on BNBChain through TornadoCash, which were then bridged to ETH. Subsequently, 0.15 ETH was deposited into 'OwnedUpgradeabilityProxy'. Not long after, 482 million STC were withdrawn from the 'OwnedUpgradeabilityProxy' contract of the project, with a total value of $824,000. The transactions are still ongoing, raising concerns about potential irregularities in the project.

According to Foresight News, the South African Financial Sector Conduct Authority (FSCA) has confirmed that it has granted cryptocurrency licenses to 75 institutions so far. The FSCA has reminded the public that its licensing authority is limited to the authorization and supervision of Cryptocurrency Asset Service Providers (CASP). CASPs are limited to providing financial services related to cryptocurrency assets as defined by the Financial Advisory and Intermediary Services (FAIS) Act.

According to Foresight News, Gearbox inventor 0xmikko.eth has analyzed the impact of ezETH decoupling on Gearbox and found that all passive borrower funds are secure, with no bad debts generated. In the aftermath of the decoupling, 115 Credit Accounts were liquidated, and 10,650 ezETH were sold on the Balancer pool. The liquidation loss of 25.77 ETH was automatically compensated by Gearbox's internal reserves, eliminating the need for any action. This analysis by 0xmikko.eth provides reassurance to the passive borrowers and stakeholders of Gearbox, ensuring that their funds remain safe despite the recent market changes.

According to BlockBeats, the recent surge in Bitcoin network activity has led to a common issue among new wallet users: despite having sufficient balance, they often encounter a 'UTXO insufficient' message during on-chain operations. This article aims to explain the concept of UTXO, why 'UTXO insufficient' situations occur, and how to split UTXO. UTXO, or Unspent Transaction Output, is a core concept in Bitcoin. It is a method of recording transaction output status, tracking each unspent transaction output to determine which Bitcoin belongs to which address. To simplify, each UTXO is like a banknote with a specific value (amount of Bitcoin) and a lock that can only be opened by a private key. When you want to send Bitcoin, you need to select some 'banknotes', merge them into a new 'banknote', and re-lock it with the recipient's lock. For instance, if you have two UTXOs, one worth 10 Bitcoin and another worth 20 Bitcoin, you can merge them into a new UTXO worth 30 Bitcoin and re-lock it with the recipient's address. This completes a transaction, sending 10 and 20 Bitcoin to the recipient and generating a new UTXO. The need to split UTXO arises because platforms like Magic Eden prohibit the use of UTXOs that have not been confirmed by the Bitcoin network for transactions. Regardless of the amount contained in a UTXO, once it has been used and is unconfirmed, it cannot be used for other operations. This is why users often encounter 'UTXO insufficient' messages despite having sufficient wallet balance. However, having more UTXOs is not necessarily better. When UTXOs are too fragmented and the individual amounts are too small, a large payment would require the merging of many UTXOs, leading to increased transaction fees. With the current high transaction rates on the Bitcoin network, this would further increase transaction costs. The most commonly used tool for splitting and merging UTXOs is Wizz.Cash. Users can link their wallets in the top right corner of the website, add rows by clicking 'Add Amount And Recipient' (each added row means a new UTXO), and fill in the amount for each UTXO and the recipient's address. UTXOs typically increase with wallet transactions, but funds just withdrawn from exchanges are often a single large UTXO. Users with a large demand for engraving runes/inscriptions can prepare by splitting in advance.

According to CryptoPotato, traditional finance firms in the United States are increasingly incorporating crypto into their portfolios. This trend is evident in the growing allocation to crypto investment products. Two U.S. investment advisors, Legacy Wealth Asset Management and United Capital Management, based in Minnesota and Kansas respectively, have allocated 6% and 5% of their portfolios to the Fidelity Wise Origin Bitcoin Fund (FBTC). These asset management firms have each invested over $20 million into FBTC, surpassing the $17 million that a competitor invested into BlackRock’s ETF, IBIT. Bloomberg ETF analyst Eric Balchunas referred to these allocations as a 'new high water mark' for investment into Bitcoin ETFs. He also suggested that this trend could be a concern for skeptics, but a positive sign for those hoping for long-term adoption. Balchunas also noted that this trend is likely to continue, with potentially 500-1000 firms reporting similar holdings in the coming weeks. He also highlighted that this is just one reporting season, with four in a year. The $40.8 million investment in FBTC has boosted spot Bitcoin ETF inflows, offsetting outflows from the previous week. Data from CoinGlass shows that the funds experienced an outflow streak for four consecutive trading days last week, with inflows only recorded on Friday. On Monday, the spot Bitcoin ETF market recorded inflows of $62.2 million, with FBTC seeing the highest of more than $34.8 million. In related news, the Stanford Blyth Fund, a student-run investment fund, allocated an even higher portion of its portfolio to Bitcoin, with a 7% allocation following a Bitcoin purchase.

The 10 Most Searched Token on Binance.com Today. 1. $BOME: +14.81% 2. $WIF: +21.7% 3. $HBAR: +56.88% Explore more on Binance Square now: https://www.binance.com/square

According to an official announcement: Binance has decided to discontinue and cease trading on several spot trading pairs. As of April 26, 2024, 03:00 (UTC), the following spot trading pairs will be removed from Binance's platform:    ALPINE/BTC     FRONT/TUSD     HARD/BTC     RUNE/TUSD     SSV/TUSD     WIN/BRL Importantly, the removal of a spot trading pair doesn't impact the tokens' availability on Binance Spot. Base and quote assets of the affected trading pairs can be still traded on other trading pairs available on Binance. Spot Trading Bots services, where applicable, for these specific spot trading pairs will also be discontinued at 03:00 (UTC) on April 26, 2024. Binance strongly advises users to update or cancel their Spot Trading Bots before the termination of services to prevent potential losses.

According to Bloomberg, the Securities and Exchange Commission (SEC) has proposed a fine for Kwon and Terraform, which could be the largest in the crypto industry. The fine is in response to the duo making over $4 billion from unregistered sales of tokens, including LUNA and UST. The SEC's filing to the Southern District Court of New York stated that Terraform's UST, an algorithmic stablecoin supposed to be pegged to the US dollar, wiped out $40 billion in market value when it collapsed in 2022. The SEC's proposed fine includes a $4.2 billion disgorgement penalty, $545 million in prejudgment interest, and civil penalties of $420 million and $100 million for Terraform and Kwon respectively. If approved, the total fine would surpass $4.3 billion. Lawyers for Kwon and Terraform have disputed the SEC's claims, arguing that the token sales occurred outside the US and did not violate federal securities law. Kwon, who was arrested in Montenegro last year for attempting to travel with a fake passport, is currently awaiting extradition to either the US or his native South Korea. He faces criminal fraud charges in both countries. The SEC has also requested a permanent bar on Kwon, who owns 92% of Terraform, from serving as an officer or director and is seeking a 'sworn accounting' of his assets.

According to Foresight News, BMW has officially congratulated the Bored Ape Yacht Club (BAYC) on its third anniversary. The car manufacturer also interacted with several BAYC holders on Twitter. The Bored Ape Yacht Club is a popular online community that has gained significant attention in recent years. BMW's interaction with the club and its members signifies the growing influence of such digital communities. However, the specifics of these interactions were not detailed in the report.

According to Foresight News, the decentralized exchange (DEX) Camelot, part of the Arbitrum ecosystem, has announced its launch on the Layer3 solution XAI. This development is part of the ongoing expansion and evolution of the Arbitrum ecosystem. The launch of Camelot on XAI represents a significant step forward in the growth of the ecosystem, providing new opportunities for users and developers alike. Further details about the launch and its implications for the Arbitrum ecosystem are yet to be revealed.

According to Foresight News, Indonesian President Joko Widodo has issued a warning to the Financial Transaction Reports and Analysis Centre (PPATK) to monitor the use of cryptocurrencies and NFTs for money laundering. He noted signs indicating that the amount of money laundered through digital assets in 2021 could reach $8.6 billion (139 trillion Indonesian Rupiah). This information was cited from data in the Chainalysis 2022 Cryptocurrency Crime Report, emphasizing the need for swift action. In addition to cryptocurrencies and NFTs, President Widodo also stressed the need to monitor other potential tools for money laundering. These include virtual assets, market activities, digital currencies, and transactions driven by artificial intelligence. The president's warning comes amidst a global increase in the use of digital assets, highlighting the potential risks and challenges that these new technologies can pose to financial security.

27th BNB Token Burn Successfully Completed by BNB Foundation: An Inside Look BNB Foundation announced the successful culmination of the 27th quarterly BNB token burn conducted by BNB Chain. An automatic burn mechanism destroyed 1,944,452.51 BNB, approximately valued at $1.17 billion at burn-time. However, the recent burn saw no BNB decommissioned under the Pioneer Burn Program. Decoding the Role of BNB Burn The official cryptocurrency of the BNB Chain ecosystem, BNB, also functions as the BNB Smart Chain's native coin, as well as for opBNB L2s and the BNB Greenfield blockchain. Its applications encompass governance token functions and facilitating transactions within projects developed on these chains. Upon BNB's 2017 inception, an agreement was struck to remove 100 million BNB (50% of total supply) from circulation via an automated burn process, leaving 100 million BNB in circulation. The BNB Auto-Burn ensures an auditable, objective way to uphold this commitment. Figures are reported quarterly, detached from the Binance centralized exchange, augmented by a portion of BNB Chain’s gas fees burned in real-time with the Real-Time-Burn mechanism. Given the ongoing BNB Chain Fusion, this quarter's burn – and subsequent ones – will be conducted directly on the BNB Smart Chain (BSC). The corresponding BNB amount will be sent to the "blackhole" address: 0x000000000000000000000000000000000000dEaD. Understanding the Pioneer Burn Program The Pioneer Burn Program executes permanent elimination of an equivalent amount of BNB to verified lost funds by eligible BNB Chain users. This figure contributes to the total quarterly burn data. Post BEP95's introduction, an approximate total of 210K BNB has been incinerated through this mechanism.

On Apr 24, 2024, 04:49 AM (UTC). According to Binance Market Data, Bitcoin (BTC) has crossed the 67,000 USDT benchmark and is now trading at 67,040 USDT, with a 1.08% increase in 24 hours.

According to Foresight News, a memorandum of understanding (MoU) has been signed between Layer1 public blockchain platform Zetrix Foundation, digital services company MY E.G. Services Berhad (MYEG), and MaiCapital, a licensed virtual asset management company based in Hong Kong. The MoU outlines plans to jointly launch a virtual asset fund or a Hong Kong virtual asset ETF product. The focus of the MoU is on the collaborative issuance of a Hong Kong Securities and Futures Commission (SFC) approved ETF. This ETF will include a basket of cryptocurrencies, such as Bitcoin and Zetrix, along with other potentially suitable cryptocurrencies.

According to Foresight News, the Lazarus Group is reportedly using LinkedIn to target individuals in the cryptocurrency industry, using malicious software to steal employee credentials or assets. The group initially contacts management or HR personnel of target companies on LinkedIn, posing as job seekers in React/Blockchain development. The attackers then present themselves as experienced applicants, inviting the target to visit their repository and run relevant code to assess their skill level. However, this repository contains malicious code fragments.

According to Foresight News, Gearbox, a composable leverage protocol in the DeFi sector, has responded to a report by RedStone Oracles regarding the decoupling of ezETH. The situation led to the liquidation of some Credit Accounts users, however, no bad debts were generated by the passive borrowers in the protocol. The team is set to release a report reviewing the incident. The decoupling of ezETH, as reported by RedStone Oracles, had a significant impact on the users of Gearbox's Credit Accounts. Despite the liquidation of some users, the protocol's passive borrowers did not generate any bad debts. This indicates the robustness of the protocol in managing such situations. In response to the incident, the Gearbox team is preparing a comprehensive report. This report will provide a detailed review of the event, offering insights into how the situation was handled and the measures taken to prevent similar occurrences in the future.

According to Foresight News, Runestone flooring has experienced a significant price drop. The data from Magic Eden reveals that the price has fallen to 0.01759 BTC, a decrease of approximately 38% within 24 hours. This decline represents an 81.4% drop from the highest point recorded by CoinGecko statistics.

According to PANews, in the past 24 hours, seven 'whale' addresses have collectively accumulated 49,268 Ethereum (ETH). The address starting with 0x435 has accumulated 115,389 ETH, equivalent to approximately 49.8 million USD, with a total ETH holding of 147,442. The address beginning with 0xaaC has accumulated 2,763 ETH, equivalent to about 8.94 million USD, with a total ETH holding of 14,153. The address starting with 0x17a has accumulated 6,313 ETH, equivalent to approximately 20.44 million USD, with a total ETH holding of 10,200. The address beginning with 0x2Bc has accumulated 14,600 ETH, equivalent to about 47 million USD. The address starting with 0x20d has accumulated 2,474 ETH, equivalent to approximately 8 million USD. The address beginning with 0x030 has accumulated 5,697 ETH, equivalent to about 18.3 million USD, with a total ETH holding of 23,650. The address starting with 0xD79 has accumulated 1,750 ETH, equivalent to approximately 5.62 million USD.

According to PANews, Mert Mumtaz, the CEO of Helius, a development platform within the Solana ecosystem, has announced plans to release Solana's Mainnet v1.18 version on May 27, assuming all goes well. This new version is aimed at addressing the current congestion issues on the mainnet. Solana, a high-performance blockchain platform, has been experiencing congestion issues, affecting its efficiency and performance. The upcoming Mainnet v1.18 version is expected to provide a solution to these problems, enhancing the platform's overall functionality. Mumtaz made the announcement on the X platform, expressing optimism about the planned release date. However, he emphasized that the launch is contingent on everything proceeding smoothly in the lead-up to the release date. The Solana community is eagerly awaiting the update, hoping it will significantly improve the platform's performance.

According to PANews, Renzo's liquidity staking token, ezETH, experienced a significant fluctuation in its value. The token's value momentarily dropped to 0.8510 ETH, before rising to 1:0.9875 ETH. This information was revealed by data from Defillama. The sudden fluctuation in the value of ezETH highlights the volatile nature of the cryptocurrency market. However, the token managed to recover a significant portion of its value, demonstrating the resilience of the market. It's important to note that the value of cryptocurrencies can change rapidly, and investors should always be prepared for potential fluctuations. The case of ezETH serves as a reminder of this inherent volatility.