π π₯ Weekly Token Unlocks: APT, MOVE, and Others Set for Major Unlocks, with APT Worth Approximately $110M π₯
#TokenUnlocks #APT #MOVE #AxieInfinity #Aptos #Optimism #Ethena #Eigenlayer #Cryptocurrency #MarketEvents #IO
According to PANews, Token Unlocks data reveals that several tokens, including APT and MOVE, are scheduled for significant unlocks next week. Details are as follows:Movement (MOVE): Approximately 50 million tokens will be unlocked on January 9 at 12:00 PM UTC, accounting for 2.22% of the circulating supply, with an estimated value of $53 million.io.net (IO): Around 3.22 million tokens will be unlocked on January 11 at 12:00 PM UTC, representing 2.50% of the circulating supply, worth approximately $11.8 million.Axie Infinity (AXS): About 815,000 tokens will be unlocked on January 12 at 1:10 PM UTC, constituting 0.52% of the circulating supply, valued at $5.6 million.Aptos (APT): Approximately 11.31 million tokens will be unlocked on January 11 at 1:59 AM UTC, accounting for 2.03% of the circulating supply, with an estimated value of $110 million.Ethena (ENA): Around 12.86 million tokens will be unlocked on January 8 at 7:00 AM UTC, making up 0.42% of the circulating supply, worth approximately $16.2 million.Optimism (OP): Approximately 4.47 million tokens will be unlocked on January 9 at 8:00 PM UTC, representing 0.33% of the circulating supply, valued at $9.3 million.Eigenlayer (EIGEN): About 1.29 million tokens will be unlocked on January 8 at 7:00 AM UTC, constituting 0.61% of the circulating supply, with an estimated value of $5.2 million.#TokenUnlocks #APT #MOVE #AxieInfinity #Aptos #Optimism #Ethena #Eigenlayer #Cryptocurrency #MarketEvents #IO
π World Liberty Financial Increases Cryptocurrency Holdings Despite Losses
#WorldLibertyFinancial #Cryptocurrency #ETH #MOVE #CryptoHoldings #Investments #FinancialLosses
According to PANews, monitoring by Lookonchain reveals that the Trump family's cryptocurrency project, World Liberty Financial (WLFI), has acquired an additional 3,191 ETH, valued at $10 million, and 240 MOVE, worth $1.88 million, in the past 12 hours.
World Liberty Financial's portfolio currently includes eight tokens, all of which are experiencing losses totaling $21.78 million. The most significant loss is from ETH, amounting to $14.9 million.#WorldLibertyFinancial #Cryptocurrency #ETH #MOVE #CryptoHoldings #Investments #FinancialLosses
π Rex Shares And Osprey Funds Plan To Launch ETF Tracking MOVE Performance
#RexShares #OspreyFunds #ETF #MOVE #Ethereum #Layer2 #Investment #Finance #SEC #TRUMP #BONK
According to PANews, investment management firms Rex Shares and Osprey Funds have submitted an application to list an ETF that tracks the price performance of MOVE, a product of Movement Networks. The mainnet of this Ethereum Layer 2 network, built using MoveVM, is expected to launch later on Monday.
The application filed with the U.S. Securities and Exchange Commission (SEC) indicates that the proposed REX-Osprey MOVE ETF will allocate at least 80% of its assets to MOVE or related instruments, through direct holdings and derivatives.
Rex Shares, known for issuing ETFs, has previously collaborated with Osprey Funds to submit applications for listing funds, including products related to meme coins such as TRUMP, BONK, and DOGE.#RexShares #OspreyFunds #ETF #MOVE #Ethereum #Layer2 #Investment #Finance #SEC #TRUMP #BONK
π Web3port Implicated in Recent MOVE Incident
#Web3port #MOVE #marketmaker #ForesightNews #cryptocurrency
According to Foresight News, monitoring by @ai_9684xtpa, along with information from jason_chen998 and BroLeonAus, has identified Web3port as the market maker involved in the recent MOVE incident.#Web3port #MOVE #marketmaker #ForesightNews #cryptocurrency
π MOVE Tokens Transferred to DWF Labs-Linked Address
#MOVE #DWF #tokens #transaction #crypto #Wintermute #JumpCrypto
According to Foresight News, a recent transaction involving MOVE tokens has been detected. Approximately three hours ago, the MOVE treasury address transferred 13.35 million tokens, valued at around $7.23 million, to an address associated with DWF Labs. Arkham has identified this address as potentially belonging to DWF Labs. However, the source of funds for this address has previously engaged in transactions with Wintermute and Jump Crypto, making it difficult to ascertain the exact ownership of the address at this time.#MOVE #DWF #tokens #transaction #crypto #Wintermute #JumpCrypto
π Altcoins and Meme Tokens Seek Spot ETF Approval Amid Growing Interest
#Altcoins #MemeTokens #ETF #SOL #XRP #LTC #ADA #AVAX #APT #SUI #MOVE #TRX #DOGE #TRUMP #BONK #PENGU #BlackRock #VanEck #Cryptocurrency #SEC #Investment
According to BlockBeats, nine altcoins and four meme tokens have recently submitted applications for spot ETFs. The altcoins include SOL, XRP, LTC, ADA, AVAX, APT, SUI, MOVE, and TRX, while the meme tokens are DOGE, TRUMP, BONK, and PENGU. Among these, SOL and XRP have garnered the most interest, with six and ten institutions applying, respectively. The latest application was submitted by Canary Capital for a TRX spot ETF on April 19.
The first BTC spot ETF application was submitted by BlackRock in June 2023 and received approval on January 10, 2024. Similarly, VanEck submitted the first ETH spot ETF application in September 2023, which was approved on May 23, 2024. Among the altcoins with submitted spot ETF applications, SOL, XRP, LTC, ADA, and SUI are considered 'American coins,' with teams having significant U.S. resources or being originally U.S.-based projects. The remaining altcoins, AVAX, APT, MOVE, and TRX, are part of WLFI's investment portfolio.
The process for spot ETF applications requires exchanges to submit a 19b-4 document on behalf of the issuers, rather than direct submissions by the issuers themselves. Drafting the subsequent S-1 document incurs a cost of approximately $100,000. Theoretically, the U.S. spot ETF application process can take up to 240 days, but this timeline may extend if the SEC requests multiple revisions or additional materials. The process involves submitting the 19b-4 document, undergoing an SEC review period of up to 240 days, obtaining approval for the S-1 registration statement, and finally listing the ETF for trading.#Altcoins #MemeTokens #ETF #SOL #XRP #LTC #ADA #AVAX #APT #SUI #MOVE #TRX #DOGE #TRUMP #BONK #PENGU #BlackRock #VanEck #Cryptocurrency #SEC #Investment
π World Liberty Finance Transfers $4.54 Million in Crypto Assets to Unknown Wallets
#WorldLibertyFinance #CryptoTransfers #AVAX #SEI #MOVE #Blockchain #Cryptocurrency
According to PANews, World Liberty Finance (WLFI) has transferred approximately $4.54 million worth of cryptocurrency assets to unknown wallet addresses. The transaction, monitored by Onchain Lens, occurred five hours ago and included 103,911 AVAX valued at $2.04 million, 5.98 million SEI worth $1.18 million, and 7.58 million MOVE valued at $1.32 million. Notably, the MOVE tokens were subsequently moved into a Ceffu wallet.#WorldLibertyFinance #CryptoTransfers #AVAX #SEI #MOVE #Blockchain #Cryptocurrency
π π₯ Binance Postpones Additional MOVE Token HODLer Airdrops Amid Project Uncertainty π₯
#Binance #MOVE #HODLer #Airdrop #Crypto #UserProtection #Transparency #MarketUncertainty #TokenSale #BNB #USDC
Binance has announced the postponement of its scheduled additional HODLer airdrops for Movement (MOVE), citing ongoing developments with the project and a need for further clarity.Originally planned for mid-2025, the airdrop was set to distribute 5% of MOVEβs total supply to eligible Binance users approximately six months after its initial listing. However, Binance has delayed the campaign until Movement provides updated guidance on the project's status.Transparency and User Protection CitedIn a statement issued on May 7, Binance emphasized that user protection and transparency remain top priorities, and that the collected MOVE tokens will be held in a publicly visible wallet. The exchange provided access to this wallet to ensure community transparency during the postponement period.βWe will continue to closely monitor developments and provide updates when appropriate,β Binance said in the announcement.MOVE Price ReactionThe MOVE token saw a sharp decline following the news:MOVE/USDC: $0.15, down 10.31%MOVE/BNB: 0.0002607 BNB, down 11.05%These drops reflect market uncertainty surrounding the project and the delay in distribution. #Binance #MOVE #HODLer #Airdrop #Crypto #UserProtection #Transparency #MarketUncertainty #TokenSale #BNB #USDC
π Binance Updates Collateral Ratios for Portfolio Margin Assets
#Binance #CollateralRatios #PortfolioMargin #Cryptocurrency #Trading #IOTA #AXS #CAKE #MASK #CHZ #BAT #GTC #PORTAL #ZEC #MOVE #BSW #UserImpact #Liquidation #uniMMR #CryptoUpdates
According to Binance's official announcement, the cryptocurrency exchange will implement changes to the collateral ratios for several assets under its Portfolio Margin system starting from 2025-05-16 at 06:00 (UTC). The update is expected to be completed within approximately one hour.
**Collateral Ratio Adjustments**
- **CAKE**: Reduced from 80% to 75%
- **IOTA**: Reduced from 70% to 60%
- **AXS**: Reduced from 70% to 60%
- **MASK**: Reduced from 60% to 50%
- **CHZ**: Reduced from 65% to 50%
- **BAT**: Reduced from 65% to 50%
- **GTC**: Reduced from 50% to 40%
- **PORTAL**: Reduced from 50% to 35%
- **ZEC**: Reduced from 30% to 20%
- **MOVE**: Reduced from 20% to 10%
- **BSW**: Reduced from 20% to 10%
**Impact on Users**
The changes in collateral ratios will directly affect the Unified Maintenance Margin Ratio (uniMMR). Binance advises users to closely monitor their uniMMR to prevent potential liquidation or losses that could result from these adjustments. Users are encouraged to review their positions and make necessary adjustments to align with the new collateral requirements.
**Additional Information**
Binance emphasizes that there may be discrepancies between the original English announcement and any translated versions. Users are advised to refer to the original English version for the most accurate information. The announcement also provides links to further resources, including an introduction to Binance Portfolio Margin Mode, trading rules, and details on transfer-in limits, position limits, leverage, supported collateral, and rates.
Binance appreciates the continued support from its users and remains committed to providing updates and improvements to its services. The changes are part of Binance's ongoing efforts to optimize its platform and ensure a secure trading environment for its users.#Binance #CollateralRatios #PortfolioMargin #Cryptocurrency #Trading #IOTA #AXS #CAKE #MASK #CHZ #BAT #GTC #PORTAL #ZEC #MOVE #BSW #UserImpact #Liquidation #uniMMR #CryptoUpdates
π Mysten Labs Launches Decentralized Management Service Seal for Sui
#MystenLabs #Seal #Sui #Move #decentralized #privacy #encryption #accesscontrol #identity #thresholdencryption
According to Foresight News, Mysten Labs has announced the launch of Seal, a decentralized private management service for Sui. Seal utilizes Move to enable programmable, application-specific access control logic. It employs identity and threshold-based encryption technology to ensure seamless and secure client encryption and decryption processes.#MystenLabs #Seal #Sui #Move #decentralized #privacy #encryption #accesscontrol #identity #thresholdencryption
π Movement Network Transfers 10 Million MOVE Tokens to Null Address
#MovementNetwork #MOVE #tokentransfer #nulladdress #ChainCatcher #cryptocurrency #blockchain
At 06:19, Movement Network transferred 10 million MOVE tokens to a null address. According to ChainCatcher, this transaction involved tokens valued at approximately $2.21 million. The reasons behind this transfer remain undisclosed.#MovementNetwork #MOVE #tokentransfer #nulladdress #ChainCatcher #cryptocurrency #blockchain
π OpenZeppelin Integrates with Sui Ecosystem to Enhance Smart Contract Capabilities
#OpenZeppelin #Sui #ζΊθ½εηΊ¦ #εΊειΎ #DeFi #εΌεθ ε·₯ε · #Moveθ―θ¨ #SUI
OpenZeppelin has been integrated into the Sui ecosystem, introducing an industry-standard smart contract library to its Move-based environment. According to NS3.AI, this integration provides developers with verified DeFi math primitives and access control features, enhancing the capabilities for those building on the Sui platform.#OpenZeppelin #Sui #ζΊθ½εηΊ¦ #εΊειΎ #DeFi #εΌεθ ε·₯ε · #Moveθ―θ¨ #SUI
π Movement Token Unlock Scheduled for April 9
#MovementToken #MOVE #TokenUnlock #April9 #Web3 #RootData #ChainCatcher
Movement (MOVE) is set to unlock approximately 176.74 million tokens on April 9 at 11:00 AM UTC+8. According to ChainCatcher, this token release is part of the scheduled unlock events tracked by the Web3 asset data platform, RootData.#MovementToken #MOVE #TokenUnlock #April9 #Web3 #RootData #ChainCatcher