Important information from last night and this morning (April 21st - April 22nd)

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PANews
04-22
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Important information from last night and this morning (April 21st - April 22nd)

ZachXBT: 12 Solana pre-sale meme coins have been abandoned after raising more than 180,000 SOL in the past month

ZachXBT, the chain detective, said on the X platform that in just one month, 12 Solana pre-sale meme coins have been completely abandoned after raising more than 180,650 SOL (about 26.7 million US dollars). The community should be wary of the projects that the founder will launch in the future.

io.net: The user points previously displayed on the website are for internal testing. The real points will be displayed after verification.

Solana Ecosystem DePIN Protocol io.net officials said in Discord that the points displayed on the website today are part of the early testing of the new pre-TGE website user interface. The UI has been updated and the points part has been removed. The points value displayed on the website is only from internal testing, which is based on some snapshots and some placeholder values ​​in the past. It does not reflect the user's real points in the Ignition reward program. The engineering team is working hard and will display the reward points after it is ready and verified.

Ordinals Developer: Runestone snapshot completed, DOG runes will be automatically airdropped to wallets

Ordinals developer Leonidas tweeted that the Runestone snapshot of the DOG airdrop has been completed at block height 840,269. Each Runestone NFT can get 889,806 DOG rune airdrops (Rune No. 3). Holding multiple Runestones in a single address will not affect the number of airdrops received. DOG will be automatically airdropped to the user's wallet in the next few days, and there is no need to claim it.

Later in the day, it was reported that the floor price of Runestone briefly fell below 0.03 BTC, and the current one-hour drop is 61.8% .

Figure CEO: FTX bankruptcy estate will auction the next batch of locked Solana tokens

According to The Block, the sale of the next batch of locked Solana tokens in the FTX bankruptcy estate will be in the form of an auction rather than a fixed price sale, and these tokens have attracted a lot of attention from buyers. According to Figure CEO Mike Cagney, following the FTX bankruptcy estate's sale of Solana tokens to companies such as Galaxy Digital and Pantera for $1.9 billion, the next batch of sales will be in the form of an auction. Figure Markets plans to create a special purpose vehicle for non-US investors and eligible US investors to participate in the auction. The specific details of the sale have not yet been announced, and FTX did not immediately respond to a request for comment. This batch of locked Solana tokens, which accounted for the largest proportion of FTX's digital asset holdings at the time of its bankruptcy, has attracted strong interest from buyers willing to take the risk and buy these tokens at a discount, which may not be sold until a future date. The last time the FTX bankruptcy estate sold about two-thirds of the Solana tokens in its reserves, it brought the estate $2.6 billion in revenue at a price of about $60 per coin. The current price of Solana is hovering around $150.

Data: Tokens worth $45.86 million will be unlocked this week

Token Unlocks data shows that this week, tokens such as YGG, ID and AGIX will have a one-time large-scale unlocking, with a total release value of US$45.86 million. Among them:

Yield Guild Games (YGG) will unlock 16.69 million tokens at 10:00 PM on April 27, worth approximately $15.71 million, accounting for 5.33% of the circulating supply;

SPACE ID (ID) will unlock 18.49 million tokens at 8:00 a.m. on April 22, worth approximately $15.29 million, accounting for 4.29% of the circulating supply;

SingularityNET (AGIX) will unlock 8.84 million tokens at 8:00 am on April 28, worth approximately $8.78 million, accounting for 0.69% of the circulating supply.

Cartesi (CTSI) will unlock 21.43 million tokens at 12:00 noon on April 23, worth approximately $4.66 million, accounting for 2.73% of the circulating supply.

Acala (ACA) will unlock 4.66 million tokens at 8 am on April 25, worth approximately $551,700, accounting for 0.48% of the circulating supply.

Euler (EUL) will unlock 72,100 tokens at 10:24 PM on April 25, worth approximately $341,300, accounting for 0.39% of the circulating supply.

Nigerian High Court postpones Binance tax evasion trial to May 17

According to Bitcoinist, Nigerian Federal High Court Judge Emeka Nwite said that the tax evasion trial against Binance and some of its executives has been postponed again to May 17. This is the second time that the Nigerian Federal Inland Revenue Service (FIRS) has postponed the tax evasion case against Binance. On April 4, the case was postponed for the first time because the FIRS failed to serve the summons before the stipulated trial date. On March 22, the FIRS charged Binance and its two executives with four counts of tax evasion.

Big Brain Holdings: Never invested in ZKasino and never received token allocations

Big Brain Holdings stated on the X platform that Big Brain Holdings invested in ZigZag Exchange in 2022, which subsequently resulted in financial losses. Some of the former founders of the project are now members of the ZKasino team, which appears to be fraudulent. Big Brain Holdings stated that it had never invested in ZKasino, but was offered tokens allocated on a pro rata basis, but Big Brain Holdings did not receive them and would not choose to accept them. Earlier news, the blockchain gaming infrastructure project ZKasino announced the completion of its Series A financing at a valuation of US$350 million. The specific amount has not been disclosed. This round of financing was participated in by MEXC, Big Brain Holdings, Trading_axe, Pentoshi and Sisyphus.

Previously, the launch of ZKasino aroused the anger of investors because its development team suddenly changed its plan, resulting in users being unable to redeem the bridged Ethereum after the platform was launched, and the $33 million invested by users had been sent to Lido . Later in the news, ZKasino said that it plans to implement EIP-3074 when the Ethereum protocol change takes effect and will continue to build.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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