● Binance ranks ninth in Hurun Global Top Ten Unicorns List

According to the latest "2024 Global Unicorn Ranking" released by Hurun Research Institute, Binance ranked ninth, with a value increase of nearly 100 billion yuan to 240 billion yuan, making it the only blockchain company in the top ten. It is also the youngest company among them. In addition, the top three of this list are ByteDance, SpaceX and OpenAI, which also entered the top ten for the first time.

● Binance CEO Richard Teng: Cultural issues have been overcome and Binance has now entered the "regulatory maturity stage"

According to Golden Finance, Binance CEO Richard Teng told CNBC on Tuesday that Binance has overcome cultural issues after reaching a settlement with the U.S. Department of Justice. Richard Teng said that the complaints involved events that occurred in the "early" stages of the company's development and that the company has now entered a "regulatory maturity stage."

● On April 9, BlackRock IBIT and Bitwise BITB saw capital inflows, while Grayscale GBTC saw net outflows

According to PANews, HODL15Capital monitoring data showed that on April 9, BlackRock IBIT had an inflow of $129 million and Bitwise BITB had an inflow of $4 million. On the same day, ARKB had no inflow or outflow of funds. It is worth noting that Grayscale GBTC had a net outflow of $155 million on the same day.

● Bitcoin halving is expected to take about 10 days

According to Binance's Bitcoin halving page, there are about 10 days left before the fourth Bitcoin "halving", with 1,551 blocks remaining. The halving is expected to take place on April 20, 2024. Block halving refers to the process of reducing the amount of digital currency generated per unit time, mainly by reducing block rewards. So far, the Bitcoin network has experienced three halvings in 2012, 2016 and 2020.

● BTC Q1 Status Report: Inscription transaction count and fees decreased by 40% and 60% month-on-month

According to BlockBeats, Messari released the Bitcoin Status Report for the first quarter of 2024. The price of BTC rose 69% month-on-month to $71,310, setting a new record high in April as the new halving cycle approached. The success of the spot BTC ETF is a driving factor in price movements, with inflows exceeding $12 billion in the first quarter. The spot BTC ETF currently holds 831,000 BTC, or $59 billion. The number of inscription transactions and fees fell 40% and 60% month-on-month. However, the daily sales of NFT trading platforms still exceeded $10 million. The halving in April will bring the release of the Runes token protocol and Epic sat. Miner revenue (in US dollars) increased by 34% month-on-month, and miners are exploring inscriptions and MEV as additional sources of income. Some miners have officially started selling blocks to meet the needs of Ordinals developers. The TVL of the programmable Bitcoin layer increased by 127% month-on-month. Dozens of new layers are being built to scale Bitcoin and increase its programmability, many of which are exploring BitVM-based bridging and state verification.

● Analysis: Multiple sectors of the crypto market are recovering, with AI and big data leading the way

According to CryptoPotato, multiple sectors of the crypto market are recovering. According to the latest analysis by blockchain intelligence platform Santiment, AI and big data, liquidity staking, and DeFi projects have gained the most in the past week.

● The cause of Solana network instability is revealed, and the fix is ​​expected to be launched on April 15

According to BlockBeats, Mert Mumtaz, CEO of Solana ecosystem development platform Helius, recently explained the reasons for the instability of the Solana network on a social platform. He pointed out that Solana’s current problems do not stem from the protocol design, but from bugs in specific implementations. Solana uses the QUIC network protocol, but the currently used QUIC implementation version has some defects and errors.

Mumtaz further explained that the design of the protocol is like the overall design of a car, while the specific implementation is similar to the car models of different brands. Solana only needs to replace the problematic 'parts' without changing the entire 'model'. He revealed that the implementation being developed by Firedancer does not have the same problem. The fix is ​​expected to be launched on April 15, and the launch time may be delayed if other problems are found during testing. In addition to technical issues, Mumtaz believes that Solana also needs to consider long-term economic sustainability factors, and the local fee market and economic incentives can be planned more clearly after the bug is fixed.