Morning paper | Kraken secret submission to US IPO; eToro purchase encryption wallet provider Zengo; Bitmine publish Q1 quarterly financial statements
Photo by ChainCatcher
Important information:
- The other.fi committed $3 billion to the ETHGAs for three years to be mobile as a certifier
- Kraken secretly submitted IPO to the United States, and the valuation dropped to $13.3 billion
- Bitmine Publication of quarterly financial statements: net losses exceeded $3.8 billion, mainly due to ETH losses
- Data: Korea accounts for 30 per cent of the world's encrypted transactions and dominates the Yamaya currency but markets are not as deep as Japan
- THE CLARITY BILL IS NOT ON THE UNITED STATES SENATE AGENDA NEXT WEEK, AND THE BILL HAS SUFFERED FURTHER SETBACKS
- Foreign currency start-up firm Brix completed $5.5 million in financing, Circle Ventures, etc
- eToro acquired from hosting encryption wallet provider Zengo
What's important about the past 24 hours
Foreign currency start-up firm Brix completed $5.5 million in financing, Circle Ventures, etc
ChainCatcher News, according to The Block, Brix, a start-up company dedicated to the monetization of emerging market assets, announced the completion of $5.5 million in financing, with the Yapi Kredi Lower Flag Division, FRWRD, Is Assembly Management, and the participation of encrypted investment agencies Circle Ventures, ConsenSys and Borderless Capital。
Brix plans to go online on the MegaETH network with the aim of bringing into the chain trading strategies traditionally led by large financial institutions。
CryptoQuant: BTC Breaks $75,000, short-term holders sell over 65,000 within 24 hours
ChainCatcher, CryptoQuant Analyst Darkfost, tweets that the short-term holders (STHs) significantly increased their transfers to the BTC on the exchange at a bitcoin test of $75,000 yesterday, sending more than 65,000 BTCs within 24 hours. Of these, profit-making dominated, with about 61,000 BTCs sold for profit。
Darkfost points out that any price increase is currently considered an exit opportunity, whether profitable or not. Short-term holders remain highly sensitive and responsive to price fluctuations。
ChainCatcher NewsAccording to the Senate Banking Company Network, the agenda for next week (21 April) has only one nomination hearing, and there are no scheduled meetings for consideration/revision of the digital assets expected by the market or of the CARITY Act。
It was also reported by Politico that Senator Tom Tilis would issue the final draft this week, the last piece of the puzzle required before the Committee convened the marking meeting. The bill still needs to be harmonized with the Senate Committee on Agriculture, through a plenary vote of the Senate 60 threshold (which requires the support of the Democratic Party) and then coordinated with the Chamber of Deputies。
It was pointed out that if marking meetings were not scheduled between 20 and 25 April, mid-election politics could completely stifle the bill, as cooperation between the two parties would completely disappear。
ChainCatcher reports that Korea accounts for 30 per cent of global transactions in encrypted currency, monitored by the encrypted data agency KaikoData, with a high share of 85 per cent in banknotes, 9 per cent in bitcoin, 6 per cent in Taicha, and an average weekly turnover of approximately $26 billion。
By contrast, Japan’s Japanese yen-denominated transactions, which average only between $2 billion and $3 billion per month, are spread over four exchanges, far less in size than South Korea, but are three to five times deeper than South Korea’s, indicating that Japan’s market is of better liquidity quality。
eToro acquired from hosting encryption wallet provider Zengo
ChainCatcher reports that the trading and investment platform eTor announced the purchase of Zengo, the recipient of the hosting encryption wallet, and the amount of the purchase was not disclosed。
The objective of the acquisition was to combine the eToro global multi-asset platform and distribution channels with Zengo ' s non-host wallet technology to support the next phase of Zengo ' s growth and to expand eToro ' s digital asset capacity。
BITCOIN PROPOSAL BIP-361 SUGGESTS FREEZING QUANTUM VULNERABLE ADDRESSES TO COMMUNITY DISPUTES
ChainCatcher reports that, according to market sources, Cyberpunk Jameson Lopp and a number of Bitcoin Quantum Security Experts have proposed bitcoin improvement BIP-361 to freeze the vulnerable address of quantum, including the Chinese-heart reserve, in order to prevent future quantum computers from stealing about 1.7 million bitcoins。
The proposal was advanced in three stages: first, the transfer of funds to an old address was prohibited, after five years the old signature was invalidated and the assets that had not been moved were frozen, and finally, the zero-knowledge certification mechanism allowed some users to resume the freezing of funds. The proposal, which was aimed at facilitating the migration of the entire network to a quantum resistant address, was objected to by some community members as being predatory in nature, contrary to the idea of the centralization of bitcoin。
ChainCatcher NewsAccording to The Block, the quarterly net loss of Etheum Asset Management, Bitmine, ended on 28 February 2026, amounted to $3.8 billion, mainly due to the unrealized loss of its digital assetsUS$ 37.80 billion driverI don't know. By April 12th, Bitmine held 4.87 million utensils, approximately 4.04 per cent of the global total supply of the utensils, at an average purchase price of $2,206 per table, and the target controlled 5 per cent of the global supply of the utensils。
The company ' s report shows that revenue for the quarter was $11.04 million, of which approximately $10 million came from the ETA. Bitmine has pledged 3.33 million IEDs, representing 68 per cent of its total holding stock, with an estimated annualized revenue of $212 million. In addition, the company held cash of $719 million, 198 bitcoin and investments in Best Industries and Eightco Holdings。
ChainCatcher NewsIn an interview with CNBC, Mr. Tom Lee, Chairman of the Bitmine Bank, ETA, said that “the stock market remains resilient because, even in the face of war, the economy actually performed better than expected”. He pointed out that defence spending currently stood at about $30 billion a month and could rise to $60 billion a month in the future, which could be a significant stimulus to the economy; at the same time, the price of oil rose $20 per month to increase the burden on families by only about $12 billion, “comprehensively, the war is actually helping businesses to profit.”
Tom Lee quoted historical precedents as saying that “recalling World War II, the stock market hit its bottom in May 1942, only five months before the United States joined the war, without even any United States troops on the European or Pacific battlefield”. In his view, “the market is very good at the results of early digestion, and the current rise in the stock market means that the market is pricing a favourable outcome, which is the signal of its performance, although I am unable to specify the specific reasons”
For the three main variables of the current market — the Iranian war, corporate financials and interest rates — Tom Lee stated that “of the three, only war can produce a tail event in two directions, and therefore this is the most deserving variable for close attention”. On the plate configuration, he continued to look at the multi-energy track and noted that energy security was one of the most important structural themes in recent years。
OpenAI launch GPT-54-Cyber model open to security personnel with low-resistance capacity
ChainCatcher NewsOpenAI announced the launch of the GPT-54-Cyber model, which is based on GPT-54 fine-tuning of the network security landscape to reduce the denial of security-related requests under certain conditions to support professional operations such as binary reverse analysis。
The model was described as being open only to approved security manufacturers, enterprise safety teams and researchers through the “Network security credible access” (TAC) programme. OpenAI states that the relevant stratification mechanism will limit the use of models and impose additional restrictions on access in low-visibility settings。
Crypto.com works with High Roller on the forecast market
ChainCatcher NewsCrypto.com has signed a final agreement with High Roller Technologies to enter the field by integrating forecast market operations。
The incident contract will be made available through CDD, an exchange already registered with the United States Commodity Futures Trading Commission (CFTC), for United States users, and will compete with platforms such as Kalshi and Polymarket。
Kraken secretly submitted IPO to the United States, and the valuation dropped to $13.3 billion
ChainCatcher, Joint Chief Executive Officer of the Encrypted Currency Exchange, Arjun Sethi, confirmed that the company had filed its first public collection application with the United States Securities and Exchange Commission in secret. This time IPO application was formally advanced after the first disclosure planned last year。
The data show that Kraken ' s latest valuation is approximately $13.3 billion, a significant decrease from $20 billion in 2025. Before, Kraken had suspended the IPO program because of the secret currency market downturn. The German Stock Exchange Group has committed $200 million for Kraken 1.5 per cent of total diluted ownership。
ChainCatcher NewsFarcaster writes, "No token will be issued. The “coin discussion” currently circulating on the market is actually related to Hypersnap, a fork in the Farcaster agreement. During the discussion, the Hypersnap team called its token “Farcaster token”, which to some extent contributed to confusion among users who were unfamiliar with technical details。
It needs to be made clear that this is not a comment on the fork in itself. We simply hope that this speculation will not continue to cause unnecessary noise, such as robot accounts, airdrop users and fraudulent accounts, which will affect the entire web experience. What needs to be clear is that there is no so-called Farcaster protocol drop."
The other.fi committed $3 billion to the ETHGAs for three years to be mobile as a certifier
ChainCatcher News, Ether.fi, the Etheleum Mobile Re-commitment Agreement, announced that over the next three years, a total of $3 billion worth of the ETHGAs market would be made available to the ETHGAs market for `liquidation of the certifiers', financed by its management of 2.8 million pledges。
ETHGAs is a futures market in space with Taifung blocks, which allows for the early purchase of block space to achieve trade enforcement safeguards. The initiative aims to enhance certificationer returns and to help the certificationer capture more of the maximum recoverable value (MEV) and obtain higher and more predictable returns by selling block space commitments. ETHGAs has received institutional investments such as Polychain Capital and has introduced the governance token GWEI, which currently has a market value of approximately $120 million。
The market value of ETHFI is approximately $332 million. This will provide more predictable transaction costs and implementation time for developers and enterprises, and will contribute to the development of the Taifung as a global institutional capital settlement。
The Russian Central Bank will require citizens to declare possession of encrypted assets abroad
ChainCatcher NewsThe Russian Central Bank indicated that it planned to require citizens to declare their encrypted assets held abroad after the entry into force of the new code of encryption。
VLADIMIR CHISTICHIN, FIRST VICE-PRESIDENT OF THE RUSSIAN CENTRAL BANK, STATED THAT THE NEW REGULATIONS WOULD STRENGTHEN THE REQUIREMENTS OF THE EXCHANGE, KYC, TO ENHANCE TRANSPARENCY IN TRANSACTIONS. AT THE SAME TIME, IT IS EMPHASIZED THAT REGULATION DOES NOT PROHIBIT INDIVIDUALS OR INSTITUTIONS FROM HOLDING ENCRYPTED ASSETS IN THEIR WALLETS ABROAD, BUT REQUIRES A DECLARATION TO THE FEDERAL TAX AUTHORITIES. THE MEASURE IS EXPECTED TO ENTER INTO FORCE IN JULY WITH THE RELEVANT REGULATORY FRAMEWORK。
Central bank branches publish virtual currency risk alerts and publish four typical cases
ChainCatcher NewsTHE PEOPLE'S BANK OF CHINA PUBLISHED A VIRTUAL CURRENCY RISK ALERT ON THE OCCASION OF THE “4/15” DAY OF NATIONAL SECURITY EDUCATION FOR ALL, AS WELL AS FOUR TYPICAL CASES OF “HIGH PAY FOR U PART-TIME” MONEY-LAUNDERING, “HIGH INTEREST-BONDED CURRENCY” ILLEGAL COLLECTIONS, “RWA DIGITAL BRIGADE FUND” FRAUD AND CURRENCY-DISCOUNT TRANSACTIONS UNDER THE LINE。
IT IS CLEAR THAT VIRTUAL CURRENCY EXCHANGE, TRANSACTIONS AND RWA MONETIZATION ARE ILLEGAL FINANCIAL ACTS. PROJECTS CLAIMING TO BE “HIGH RETURNS, LOW RISKS AND STEADY PROFITS” ARE MOSTLY FRAUDS. THE PUBLIC SHOULD MOVE AWAY FROM THE FANTASY OF BEING RICH, AWAY FROM VIRTUAL CURRENCY-RELATED INVESTMENTS, OPT FOR LEGAL FINANCIAL CHANNELS AND ALERT THE PUBLIC IN A TIMELY MANNER TO REDUCE LOSSES WHEN ANOMALIES ARE DETECTED。
Meme Hot List
According to Meme Currency Tracking and Analysis PlatformGMGNAs of April 16th, 0900
The top five of the 24h ETH popular tokens were: HEX, SHIB, LINK, PEPE, UNI
In the past 24h Solana top five hot coins were: swarms, Punch, Net, Buttcoin, LOL
In the past 24h Base top five of the popular tokens were: SKITTEN, PEPE, BASED, B3, Skya
What are the good articles worth reading in the past 24 hours
each successful new bank (neobank) follows the same starting path: identifying areas where traditional banks are overcharged or underserved, as an entry point, and thus entering broader banking operations。
SoFi found that FICO credit ratings were a bad way of pricing student debt for borrowers with development potential. On the contrary, they are insured according to income trajectory and disposable cash flows, and their accumulated data are gradually becoming a true moat. When most banks charge 3% for each external brush, Monzo, Revolut and Starling all start with zero foreign exchange charges. In Brazil, where traditional banks charge punitive interest rates and millions of people have no access to the formal financial system, Nubank has won the market with an annual free credit card。
DISMANTLING RAVE DEALER CONTROL
RAVE EXTREME CONTROL ALERT: 96% OF THE CHIPS ARE LOCKED IN BY GIANT WHALES, CONTRACT-HELD OVER-THE-SHELFS FORM AN EPIC DEATH SQUAD
ENCRYPT VC GROUP BRUSHES A SENSE OF PRESENCE AND THE MARKET STARTS TO BOUNCE BACK
AFTER A LONG PERIOD OF SILENCE, ENCRYPTION VC HAS RARELY BEEN THE SUBJECT OF DISCUSSION IN RECENT DAYS, WITH MANY INDUSTRY PEOPLE TALKING AND COMMUNICATING ON PLATFORM X, WITH A MAXIMUM OF 1.41 MILLION PER POST。
The first discussion came from Varys Capital, investment manager Tom Dunleavy, who was on April 11thPosterIt is indicated that the shift in the pattern of encrypted monetary financing is insane。
"VC encryption used to promote your investment arguments through articles, podcasts, Space, etc., taking 10 trade-flowing calls a week to get a good project. Now, just a capital bill is enough. Tom Dunleavy says, "There are now less than 20 institutions in reality that actually spend money on pre-seed/seed rounds. There is basically enough time to do everything they want to do
A THOUSAND WAVES ARE RAGING, AND ACCURATE AND DRAMATIC DESCRIPTIONS QUICKLY RESONATE WITH A LARGE NUMBER OF ENCRYPTED VC INVESTORS, ALMOST HALF OF WHICH COME TO COMMENT ON THIS TWEET。
Five billion dollars in annual losses, two trillion dollars in valuation
According toPublicCoverage2025SpaceX received $18.5 billion, with a net loss of nearly $5 billion。
The same yearCompanyTHE IPO APPLICATION WAS SUBMITTED TO THE SEC, AND THE TARGET VALUATION WAS REVISED IN MONTHS FROM $1.25 TRILLION TO $2 TRILLION, THE BIGGEST LISTING IN HISTORY。
At the same time, it had 8,285 bitcoins lying on its balance sheet at a market value of about $600 billion, the fourth largest firm in the world。
As one of the hottest technology companies today, SpaceXYesEvery moveIt's also a source of interest for the money community。
