04/25 #Bytoken Key quick-read daily reports (daily output, follow and like, no messages missed)

▰ Hong Kong approves listing of Bitcoin and Ethereum ETFs

The Hong Kong Securities Regulatory Commission announced that it has approved the listing of Bitcoin and Ethereum spot ETFs from fund companies such as ChinaAMC, Boshi and Harvest, with management fees of 0.3%, 0.6% and 0.99% respectively.

▰ EU passes new law to combat money laundering

The European Parliament passed a new bill requiring cryptocurrency companies to conduct due diligence and report suspicious activities to the authorities, which will strengthen supervision of crypto asset service providers.

▰ Samourai Wallet co-founder arrested on suspicion of money laundering

The co-founder of crypto mixing service Samourai Wallet, accused of laundering $100 million from illegal markets, has been arrested and faces charges of money laundering and unlicensed money transfer operations.

▰ Mocaverse launches MOCA token public sale

Mocaverse, a Web3 project owned by Animoca Brands, announced the launch of a community public sale of MOCA tokens with a sales price of US$0.03938 and a target fundraising target of US$5 million.

▰ EOS proposes new token economics proposal

EOS proposed a new token economics proposal that would fix the token supply at 2.1 billion and destroy 80% of the total future supply to curb inflation.

▰ Morgan Stanley considers allowing brokers to market Bitcoin ETFs

Morgan Stanley is considering expanding Bitcoin sales by allowing its brokers to proactively market Bitcoin ETFs to clients, but is still developing protective rules to address risks.

▰ Renzo updates the airdrop allocation ratio to 12%

The liquidity re-hypothecation protocol Renzo has updated the airdrop allocation ratio to 12%, and most eligible wallets can be fully unlocked during TGE.

▰ Zhao Changpeng may serve his sentence in Seattle prison

According to the documents, Zhao Changpeng may be sentenced to prison and serve his sentence in FDC SeaTac Prison, which has housed many prisoners suspected of major crimes.

▰ Metaverse division Reality Labs lost US$3.85 billion in the first quarter

Reality Labs, Meta’s Metaverse division, lost $3.85 billion in the first quarter, with revenue accounting for only about 1% of Meta’s total revenue.

▰ BlackRock IBIT’s capital inflow accounted for 24%

BlackRock IBIT's capital inflows account for 24% of the total flows of all its ETFs, and it has outstanding performance globally, with total assets under management exceeding US$18 billion.

▰ Galxe launches GAL staking function, with reward pool approaching US$5 million

Galxe has launched a staking function for GAL tokens, with a reward pool of nearly $5 million. Users can participate in governance upgrades and unlock rewards.

▰X CEO announces the launch of X TV App

CEO X announced the launch of a new smart TV application called X TV App, designed to provide a high-quality, immersive big-screen entertainment experience.

▰ Zhao Changpeng apologized to the judge before sentencing

Changpeng Zhao submitted a letter to the judge before the sentencing, apologizing for his poor decision-making behavior and stating that he would take full responsibility.

▰ BlackRock IBIT trading volume exceeds $1.1 billion

On April 24, BlackRock IBIT’s trading volume exceeded US$1.17 billion, ranking among the leading Bitcoin spot ETFs.

▰ Grayscale GBTC had a net outflow of US$130 million on the day

On April 24, Grayscale GBTC had a net outflow of US$130 million that day, indicating that investor funds were withdrawing from the fund.

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