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The crypto market has stabilized and rebounded, with the AI sector leading a 3.98% increase, followed by GameFi and NFT sectors showing notable gains. Meanwhile, some previously high-performing assets like Fartcoin experienced a significant drop.
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The Movement Foundation announced a delay in the Cornucopia unlock to refine the reward distribution mechanism, ensuring funds remain safe. Details on the new unlock schedule and incentives will be shared shortly.
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OKX, a Seychelles-based exchange, is expanding to the US and establishing a regional headquarters in California, following a $500 million settlement with the DOJ for operating without a money transmitter license.
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The crypto market experienced a weak rebound, with the SocialFi sector rising 2.39% led by Toncoin and Galxe, while the RWA sector fell 3.59%, exacerbated by a 32.74% drop in OM due to the ongoing MANTRA incident. Meanwhile, NFT and AI sectors saw modest gains, whereas Layer1, Layer2, DeFi, and Meme sectors faced declines.
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Avalon Labs has announced its provision of Bitcoin lending services to Bybit, enabling the launch of a stable income product on the blockchain through its fixed-rate lending system for on-chain arbitrage strategies. The company has previously made significant inroads in the Bitcoin stablecoin and on-chain lending sectors.
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Mind Network's FHE token experienced a 160% surge in value within 24 hours following its listing on Binance's contract trading platform, peaking at 0.1063 USDT. The platform also introduced a staking feature offering up to 400% annual returns, further boosting its market presence.
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According to Web3 asset data platform RootData, Immutable X (IMX) is set to unlock approximately 17.58 million tokens, worth around $6.89 million, at 8:00 AM Beijing time on April 19.
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Morpho Labs announced on X platform that the issue during yesterday's frontend update has been identified and resolved, with changes rolled back and the app functioning normally. All user funds within the protocol remain secure and unaffected, with a detailed explanation to follow.
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Following the pause in Trump's tariffs, the MOVE index quickly dropped to 128.83, below the critical threshold of 140. Arthur Hayes noted this validates the MOVE index's effectiveness, hinting at a different future BTC trend.
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Ark Invest, led by Cathie Wood, purchased an additional $4.8 million in Coinbase shares across ARKK, ARKW, and ARKF ETFs, following a $13.3 million purchase the previous day, making COIN a top holding in these funds.