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Whales used the recent market volatility to accumulate more XRP and DOGE once again.
Quick Take The launch of the crypto-AI focused Aiccelerate DAO (AICC), now worth around $150 million, led to criticism on X after some insiders who took part in the project’s presale quickly sold their token allocations. Bankless Ventures, which received criticism after selling 10% of its allocation in an “impulsive mistake,” later rebought the tokens. In response to the controversy, the DAO said it “will implement a vesting structure for individual allocations and are having discussions with advisors to d
Quick Take A lawsuit from New York Attorney General Letitia James alleges that a ring of crypto scammers has stolen at least $2.2 million from New Yorkers solicited from fake remote work offers. James seeks to become the first regulator to serve unidentified scammers a lawsuit via an airdropped NFT.
US Nonfarm Payrolls and Unemployment Data have been released. Here is the latest.
- 01:20A PEPE Whale Transferred 500 Billion PEPE to CEX One Hour AgoAccording to Odaily Planet Daily, on-chain data analyst Ember has monitored that the whale address starting with 0x3c9 transferred 500 billion PEPE (worth approximately $6.14 million) to a CEX one hour ago. Currently, the address still holds 1.5 trillion PEPE, worth approximately $12.32 million.
- 01:19Bitcoin Mining Company TeraWulf Reports $61.4 Million Net Loss in Q1Odaily Planet Daily News: Bitcoin mining company TeraWulf announced its financial report for the first quarter of 2025, with a net loss of $61.4 million, significantly higher than the $9.6 million loss in the same period last year. The company's revenue fell year-on-year to $34.4 million, while the cost of revenue rose to $24.5 million, accounting for 71.4%, more than doubling from 34% in the same period last year. TeraWulf attributed the revenue decline to the Bitcoin halving and increased network difficulty. Additionally, severe weather in New York State also impacted its mining operations.
- 01:15Trump Reiterates Benchmark Tariff at 10%, Does Not Rule Out Individual ExemptionsAccording to a report by Jinse Finance, U.S. President Trump stated on Friday that he would "always" impose at least a 10% tariff on trade partners, but quickly added that "exceptions are not ruled out," highlighting the current unclear stance of the U.S. in several trade negotiations. "You always have a baseline," Trump told reporters at the White House. "Of course, there may be exceptions. Sometimes, certain countries do something special for us, and that's a different matter. But basically, the minimum baseline is 10%, and some tariffs will be much higher than this level." After the U.S.-UK framework agreement was announced on Thursday, the U.S. maintained a baseline tariff rate of 10% on British goods. In response, government officials insisted that Trump would continue to set at least a 10% tariff on all imported goods to address the trade deficit and promote U.S. manufacturing development. White House Press Secretary Levitt also stated earlier that day, "The President is determined to continue implementing this 10% tariff baseline. I just spoke with him."