Odaily Planet Daily News Coinglass data shows that the current Coinbase Pro Bitcoin wallet balance is 771,503.63, ranking first among CEX; 508.37 inflows in the past 24 hours, 454.35 inflows in the past 7 days, and 63955.61 inflows in the past 30 days. The balance of Binance Bitcoin wallet is 566,442.96, with an outflow of 169.71 in the past 24 hours, 225.32 outflows in the past 7 days, and 346.51 inflows in the past 30 days. The balance of Bitfinex Bitcoin wallet is 363,835.78, with an outflow of 440.20 in the past 24 hours, an inflow of 7128.64 in the past 7 days, and an outflow of 514.47 in the past 30 days.

Odaily Planet Daily News According to official news, BNB Chain recently announced that it has cooperated with major wallet providers to launch three MEV protection solutions, committed to helping users protect their transactions from sandwich attacks and get a safer DeFi trading experience. The three solutions are: -Wallet with automatic MEV protection (enabled by default); -Wallet with manual MEV protection option; -Customized protection for advanced users. CZ posted on X about this progress: "Step by step."

According to Foresight News, data from Nansen reveals that BNB Chain's gas fees have accumulated to $15 million over the past seven days, marking a 400% increase compared to the previous period. This figure is second only to Solana, which recorded $29 million in gas fees. In a recent update, validators on the BNB Chain will now be able to collect more bids within the same block. This change could potentially allow high-value transactions, such as time-sensitive MEME trades, to replace lower-priority transactions.

According to Odaily, Startale CEO Sota Watanabe recently expressed concerns on X about the current state of the cryptocurrency industry. Reflecting on his decade-long journey in the field, Watanabe shared his initial excitement about how technology could empower individuals and improve society. However, he noted that the industry's primary use case has shifted to meme coins. While acknowledging this reality, Watanabe emphasized the need to address this issue.

Odaily Planet Daily News According to Onchain Lens monitoring, yesterday, an insider of LIBRA spent $2.8 million USDC to buy 13.73 million LIBRA through two different wallets. Then, the insider sent these LIBRA to multiple wallets and sold them for $12.79 million USDC, and finally made a profit of $9.99 million.

According to Odaily, Indian authorities have seized nearly $190 million in cryptocurrency connected to the Bitconnect Ponzi scheme, which was dismantled in 2018. The scheme resulted in losses of approximately $2.4 billion for 4,000 investors across 95 countries. Bitconnect, launched in 2016, collapsed in 2018. The founder, Satish Kumbhani, was charged by the U.S. Department of Justice in February 2022 for establishing a global network of promoters who were paid commissions to promote the scheme. In August of last year, the Indian Enforcement Directorate (ED) reported the arrest of Shailesh Babulal Bhatt from Gujarat. Bhatt was accused of kidnapping, extortion, and violating anti-money laundering laws in a major cryptocurrency-related crime exceeding $144 million. Following a complaint filed by Surat police against Bitconnect Coin promoter Satish Kumbhani, the Indian Ministry of Justice launched a money laundering investigation, leading to Bhatt's detention. It is alleged that after Kumbhani shut down the Bitconnect platform in January 2018, he deceived investors and fled. Bhatt, who had invested in Bitconnect, kidnapped two of Kumbhani's employees to recover his funds, extorting 2,091 Bitcoins, 11,000 Litecoins, and cash amounting to 145 million rupees, now valued at 12.325 billion rupees. Bhatt also distributed 2.89 billion rupees of the extorted funds among accomplices for acquiring various assets.

According to PANews, a report by Christine Kim, Vice President of Research at Galaxy Digital, reveals that over 50 traditional companies, including financial institutions like Deutsche Bank and PayPal, as well as brands such as Louis Vuitton and Adidas, are developing cryptocurrency-specific applications on Ethereum and its Layer 2 networks. These initiatives focus on non-speculative use cases, such as the tokenization of real-world assets (RWA), non-fungible tokens (NFTs), and Web3 gaming, bypassing general crypto infrastructure like exchanges. Ethereum leads in RWA tokenization, with assets under custody valued at nearly ten times that of its competitor blockchain, Stellar. Among the 20 financial institutions building crypto infrastructure, 13 have issued RWAs, including Blackrock's Ethereum-based fund BUIDL. Stablecoins are also thriving on Ethereum, with PayPal's PYUSD and Robinhood's USDG contributing to a 70% surge in supply in 2024. Ethereum holds over 50% of the $400 billion stablecoin market.

Odaily Planet Daily News Indian authorities have seized nearly $190 million in cryptocurrencies related to Bitconnect in their ongoing investigation into a crypto Ponzi scheme that was uncovered in 2018 and caused 4,000 investors in 95 countries to lose about $2.4 billion. Bitconnect was launched in 2016 and closed in 2018. It is understood that Bitconnect founder Satish Kumbhani (charged by the US Department of Justice in February 2022) established a global network of promoters to pay them commissions to promote the Ponzi scheme. (Cointelegraph) Last August, the Indian Enforcement Directorate (ED) said that a man in Gujarat, Shailesh Babulal Bhatt, was arrested on suspicion of kidnapping and extortion and violating anti-money laundering laws. The incident involved a major cryptocurrency-related crime of more than $144 million. Bhatt was detained following a money laundering investigation launched by the Indian Ministry of Justice based on the first filing by the Surat police against Bitconnect Coin promoter Satish Kumbhani. Kumbhani allegedly defrauded investors and fled after shutting down the Bitconnect platform in January 2018. Bhatt had invested in Bitconnect and in order to recover the funds, he kidnapped two of Kumbhani’s employees and extorted 2,091 Bitcoins, 11,000 Litecoins and Rs 145 million in cash, which is now worth Rs 12.325 billion. Bhatt also distributed Rs 289 million of the extortion funds to his accomplices for the acquisition of various assets.

Key takeaways Blockchain.com joins the growing number of cryptocurrency companies planning for an IPO. The iDEGEN presale nears $23 million as token listing approaches.  Blockchain.com inches closer to an IPO Blockchain.com, one of the oldest cryptocurrency exchanges and wallet providers, is taking steps towards an initial public offering (IPO). This comes as the company appointed […] The post... source: https://coinjournal.net/news/blockchain-com-gears-for-an-ipo-as-more-crypto-companies-look-to-go-public/

According to Foresight News, Solayer developer Chaofan Shou recently tweeted about his involvement with Solayer as part of Fuzzland's acquisition. Shou clarified that he is not a founder of Solayer but a core developer. He mentioned that the financial losses he incurred were personal and not related to Solayer. Over the past few years, Shou accumulated wealth through active investments in ETH and various projects, as well as trading memecoins. He stated that losing $1 million is not significant to him personally, but he expressed disappointment regarding the impact on Solana, noting that certain groups are damaging SOL.

Fracture Labs has sued Jump Trading, accusing it of running a "pump and dump" scheme with DIO tokens, allegedly manipulating the token's price for profit during FractureLabs' fundraising.