Important information from last night and this morning (March 25-March 26)

Lens founder announces that Lens Chain will be launched soon

According to a post by Lens Protocol founder Stani Kulechov on the X platform, Lens Chain will be launched soon, and "Get ready chefs" is used to imply that developers and users are ready. Lens Chain is regarded as a modular blockchain designed for social scenarios.

KelpDAO launches $KERNEL airdrop query tool, token issuance TGE scheduled for early April

According to the KelpDAO announcement, the first quarter airdrop qualification query of its unified token $KERNEL is now online, and 10% of the total supply will be allocated to users who have accumulated points before December 31, 2024. At present, the TVL of the Kelp ecosystem exceeds 2 billion US dollars, and the TGE (token generation event) is expected to start in early April 2025, and the second quarter point acquisition is still continuing.

Movement wallet address received 10 million MOVE from Binance in the early morning

According to Onchain Lens, the strategic reserve wallet of the Movement Foundation received 10 million MOVE tokens from Binance in the early hours of this morning, which is equivalent to about 5.47 million US dollars at the current price. Yesterday, the foundation announced that it would buy back $38 million worth of MOVE tokens within three months. This move was due to the recovery of funds from a market maker suspected of misconduct.

Pump.fun transferred 104,000 SOL to Kraken 8 hours ago, worth about 15 million US dollars

According to monitoring by Ember and Lookonchain, Pump.fun transferred 104,120 SOL to Kraken 8 hours ago, worth about $15 million. Lookonchain said that its cumulative transfer amounted to 2.734 million SOL (526 million US dollars) at a price of $192, and the confirmed sales amounted to 264,373 SOL, in exchange for $41.64 million USDC, with an average transaction price of $158. Ember said that Pump.fun had sold a total of 3.254 million SOL (612 million US dollars) at an average price of $188. This is basically their total fee income.

Nubank now supports four new tokens: ADA, NEAR, ATOM and ALGO

Nubank Cripto, a cryptocurrency trading platform launched by Brazilian digital bank Nubank, has added four new tokens: Cardano (ADA), Near Protocol (NEAR), Cosmos (ATOM) and Algorand (ALGO), enriching the original investment portfolio of 16 assets. The platform has also recently added 11 USDC trading pairs and provides an annualized 4% fixed return to users holding more than 10 USDC.

USDC Treasury minted 300 million USDC on Ethereum early this morning

According to Whale Alert monitoring, on-chain data shows that at 3:43, 3:57 and 4:28 am Beijing time today, USDC issuer USDC Treasury minted 100,000,000 USDC on Ethereum respectively, with a total of approximately $300 million worth of USDC minted in three times. In addition, at 7:03 this morning, USDC Treasury minted another 65 million USDC on Ethereum.

OpenAI launches GPT-4o image generation feature, available to all ChatGPT users

According to OpenAI's announcement, GPT-4o's image generation function has been officially launched and has begun to be gradually opened to ChatGPT Plus, Pro, Team and free users, and will be expanded to enterprise, educational and API developers in the future. GPT-4o can generate highly detailed and contextually consistent images, supporting complex instructions, text rendering and image and text fusion.

Ripple to Recover $75 Million Court Fine from SEC, Withdraw Appeal

According to CoinDesk, Ripple has reached a preliminary settlement agreement with the SEC, in which the SEC agreed to return $75 million of the $125 million fine imposed by the court last year, retaining only $50 million to close the case. In exchange, Ripple will withdraw its cross-appeal. The proposed settlement still needs to be approved by the court and the commission, and may mark the end of the long-standing legal dispute between the two parties.

GameStop Adds Bitcoin to Company Reserve Assets

According to GameStop's official announcement, the company's board of directors unanimously approved an update to its investment policy on March 25, Eastern Time, to include Bitcoin as one of the company's reserve assets.

The U.S. SEC’s cryptocurrency working group will hold four new roundtable meetings in the next three months to discuss regulatory issues

According to the SEC's official website, the U.S. Securities and Exchange Commission (SEC) Cryptocurrency Working Group announced that it will hold four new rounds of roundtable meetings from April to June 2025, covering topics such as crypto trading, custody, asset tokenization and DeFi. The time and topics of the four public roundtable meetings are: "Tailored Regulation for Crypto Trading" on April 11, "Key Issues for Custodians" on April 25, "Asset Chain Integration with Traditional Finance" on May 12, and "DeFi and the American Spirit" on June 6. Commissioner Hester Peirce called this "a clear spring sprint to crypto", marking the SEC's new direction from law enforcement to cooperation and a clear regulatory framework. The meeting will be open to the public and live online.

US SEC terminates investigation into Immutable and related parties, finding no violations

According to VentureBeat, Immutable announced that the U.S. Securities and Exchange Commission (SEC) has officially terminated its investigation into it and related parties, found no violations, and will not take further action. This marks the official closure of last year's Wells notice (a preview of possible litigation). Robbie Ferguson, president of Immutable, said that this move brings regulatory clarity to the Web3 gaming industry and is expected to drive more institutional investment, especially in the in-game purchase market worth more than $200 billion, which will unlock huge opportunities.

CBOE Submits Solana ETF Application for Fidelity

According to market news, the Chicago Board Options Exchange (CBOE) has submitted a Solana ETF application for Fidelity. It is reported that Cboe BZX, a subsidiary of the Chicago Board Options Exchange Group, has submitted a proposed rule change (19b-4 application document) to the U.S. Securities and Exchange Commission.

Greeks.live: The community is divided on the current direction of the crypto market, some are bullish and believe that it is necessary to buy on dips

Greeks.live released a community briefing, which revealed that the community has different opinions on the current direction of the crypto market. Some are bullish and think it is time to buy on dips, but others point out that the gap needs to be filled. Trump's unclear policies may be a catalyst for further declines. Short sellers expect Bitcoin to fall to the $84,500 range. In addition, some traders have recently profited from call option positions, while other traders are actively selling put options.

Flow Traders is one of the PARTI market makers and received 9 million tokens from the project contract address 3 hours ago.

According to @ai_9684xtpa's monitoring, Flow Traders is one of the PARTI market makers. Three hours ago, it received 9 million tokens from the project's contract address, accounting for 3.86% of the circulating tokens. Currently, 6.75 million tokens have been deposited into major exchanges.

Trump family crypto project WLFI plans to launch stablecoin USD1, which will initially be minted on Ethereum and BSC

The Trump family's crypto project World Liberty Financial Inc. (WLFI) officially announced plans to launch the stablecoin USD1, which can be exchanged for US dollars at a 1:1 ratio and will be 100% backed by short-term U.S. government bonds, U.S. dollar deposits and other cash equivalents. It will initially be minted on the Ethereum (ETH) and Binance Smart Chain (BSC) blockchains, and plans to expand to other protocols in the future. It is reported that the USD1 reserve will be hosted by BitGo.

BlackRock Partners with Securitize to Expand Money Market Fund BUIDL to Solana

According to Fortune, BlackRock announced a partnership with Securitize to expand the blockchain-based money market fund BUIDL to Solana. In addition to expanding its BUIDL business, BlackRock's asset management company is also increasingly involved in the cryptocurrency market. In January 2024, the company launched a spot Bitcoin exchange-traded fund, which has since attracted nearly $40 billion in funds.

Paidun: GMX and MIM Spell hacker attacks have caused losses of about $13 million

According to the updated information of GMX and MIM Spell related contracts being hacked by Paidun, about 6,260 ETH have been stolen by hackers, with a value of 13 million US dollars.

The US government currently holds $17.621 billion worth of cryptocurrencies, including 198,000 BTC, 61,000 ETH and 40,100 BNB.

According to data disclosed by Jinshi, the current US government holds cryptocurrencies worth US$17.621 billion (as of March 24), including: 198,000 BTC (US$17.28 billion), 61,000 ETH (US$126 million), 122 million USDT (US$122 million), 751 WBTC (US$65.24 million), and 40,100 BNB (US$25.24 million).

A new wallet withdrew more than $8.7 million in assets from Cumberland in 24 hours

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