ChainCatcher news, according to official sources, the Arbitrum ecosystem currency market protocol Dolomite will hold its DOLO token generation event (TGE) on April 24. The total token supply is 1 billion, with approximately 361 million in circulation at the time of TGE (including locked veDOLO).The platform will retroactively airdrop 20% of the total token supply to users, with the airdrop snapshot date set for January 6, 2025. Additionally, 3% of the tokens will be allocated to Boyco deposit users.

ChainCatcher news, according to Cointelegraph, since the launch of the U.S. spot ETP, 529,325 bitcoins have been purchased, while the bitcoins mined during the same period totaled only 249,725.This indicates that institutional demand for bitcoin far exceeds the current supply, and the market demand for bitcoin remains strong.

ChainCatcher news, according to Decrypt, the cryptocurrency exchange platform Kraken has recently initiated a multi-departmental restructuring, reducing redundant positions and strengthening its core business lines. Kraken responded that it is preparing for an IPO in the United States in 2026, marking the second round of restructuring since the 15% layoffs in October 2024, aiming to implement a flatter management structure.After the U.S. Securities and Exchange Commission (SEC) withdrew its lawsuit against Kraken's parent company Payward Inc. in March, Kraken confirmed its IPO plans. It is currently in discussions with investment banks such as Goldman Sachs and JPMorgan to raise pre-IPO expansion financing through the issuance of $1 billion in bonds. If it successfully goes public in the U.S., it will become the second publicly listed cryptocurrency exchange platform in the U.S. after Coinbase.

ChainCatcher news, according to the Coingecko quarterly report, the total market capitalization of cryptocurrencies fell by 18.6% to $2.8 trillion in the first quarter of 2025. Bitcoin further solidified its dominance in the market downturn, with its market share rising to 59.1% (a new high since 2021), while altcoins generally performed poorly. The shares of stablecoins USDT and USDC increased, while Ethereum's market share dropped to a five-year low of 7.9%.​1. Bitcoin outperforms traditional risk assetsBitcoin broke through $100,000 in January, reaching an all-time high, but ended the quarter at $82,514 (a decline of 11.8%). Its performance outpaced the Nasdaq index (down 10.3%), but lagged behind gold (up 18%) and U.S. Treasury bonds. Analysts pointed out that the strengthening of the yen and euro, adjustments in monetary policy, and geopolitical uncertainties have intensified market volatility.​2. Ethereum and altcoins under pressureEthereum's price plummeted 45.3% to $1,805, erasing all gains made in 2024, with daily trading volume shrinking to $2.44 billion. Leading altcoins like Solana (SOL), XRP, and BNB experienced smaller pullbacks, highlighting Ethereum's relative weakness. Meme coins suffered a significant setback due to the exit of Argentine President Javier Milei's related project LIBRA, with daily token deployment on the Pump.fun platform dropping by 56.3%.​3. Changes in exchange landscapeThe spot trading volume of centralized exchanges (CEX) decreased by 16.3% to $5.4 trillion, with Binance maintaining a market share of 40.7%; HTX became the only platform in the top ten to see growth (+11.4%), while Bybit's trading volume was halved due to a hacking incident in February. Among decentralized exchanges (DEX), Solana led Q1 with a 39.6% share, but Ethereum briefly reclaimed the top spot in March. The total value locked (TVL) in DeFi fell by 27.5% to $12.86 billion, while the new public chain Berachain's TVL rose against the trend to $5.2 billion.

ChainCatcher news, according to the Coinbase blog, Coinbase responded to the securities enforcement action initiated by the Oregon Attorney General, stating that the lawsuit is as baseless as the previous lawsuit filed against Coinbase by the SEC, and relies on outdated theories that have already been dismissed.Coinbase stated that it will vigorously respond to the lawsuit, defend the rights of the industry and users, and support federal digital asset legislation to regulate the industry, emphasizing that the Oregon action hinders the progress of the crypto industry.

ChainCatcher message, according to on-chain analyst @ai 9684xtpa monitoring, address 0xcff...836c0 has accumulated a profit of $108,000 through the recent two ID0 projects FHE and BANK: among them, FHE was entered three days ago at $0.05447, with a return rate of 24.7%; BANK was entered an hour ago at $0.01964, with a return rate of 93%.

ChainCatcher news, Ondo Finance announced the launch of its US Treasury token USDY on the Stellar blockchain. The Stellar Foundation aims to achieve a $3 billion on-chain real-world asset (RWA) scale by 2025, growing more than tenfold from $290 million at the end of 2024. Stellar is also collaborating with Paxos, Etherfuse, and SG Forge under the French central bank.

ChainCatcher news, according to Ark Invest Daily data, ARK Invest sold 39,575 shares of the ARK 21Shares Bitcoin ETF (ARKB) through its ARKW fund on April 17, valued at approximately $3.35 million based on the closing price of $84.71 that day. Additionally, it purchased a total of 475,000 shares of the 3IQ SOLANA STAKING ETF (SOLQ, U) through the ARKW and ARKF funds, valued at approximately $4.95 million based on the closing price of CAD 14.42 (approximately USD 10.42) that day.

ChainCatcher news, well-known market maker Wintermute announced on X that its investment arm Wintermute Ventures has invested in the DeFi lending protocol Euler Finance, with the specific amount not disclosed.

ChainCatcher reports that, according to two insiders, cryptocurrency exchange giant Kraken has laid off hundreds of employees across all business areas in the past few months as the company prepares for a public listing in the United States and continues to streamline its operations.It was reported that at the end of October last year, Kraken laid off 400 employees, about 15% of its total workforce, at which time Silicon Valley investor and Kraken board member Arjun Sethi was serving as co-CEO alongside David Ripley. One insider stated that "hundreds of people have left" since Sethi took on the role of co-CEO, noting that in addition to the 15% reduction in staff at the end of last year, the company plans to continue with layoffs.

ChainCatcher news, according to official sources, Coinbase Platform announced the completion of the Solana infrastructure upgrade, which includes optimizations such as: asynchronous transaction processing, a 5-fold increase in block throughput; the introduction of bare-metal servers, a 4-fold improvement in RPC performance; and enhanced system resilience through optimized failover mechanisms, liquidity, and operational control.Coinbase stated that it will continue to invest in Solana infrastructure to support its future expansion needs.

ChainCatcher news, according to Cointelegraph, the RWA platform Kula officially launched its governance token KULA on April 15, 2025, and it is now available for trading on MEXC, Coins.xyz, and Coins.ph (KYC completion required). Its core mechanisms and ecological progress are as follows:Token FunctionalityKULA abandons traditional revenue models, with no staking, liquidity mining, or delegation mechanisms; 1 token = 1 vote, allowing holders to directly participate in on-chain governance and decide the allocation of funds for real assets;Governance decisions are fully transparent and executed through smart contracts, covering areas including agricultural land in Zambia, hydropower in Nepal, and minerals in Malaysia, which are asset classes not reached by traditional finance.Real Asset LayoutCurrently, regenerative agriculture, small energy, and mineral governance projects have been launched in Zambia, Nepal, and other locations through the RegionalDAO network, with a total underlying asset value exceeding $40 million;DAO projects in regions such as Poland, India, Indonesia, and Ghana are about to be advanced, and voting rights for funding proposals will be fully opened to token holders.Compliance Framework DesignA Web2.5 hybrid model is adopted: on-chain execution relies on smart contracts, while off-chain operations through entities in the Cayman Islands and Mauritius, Singapore ensure legal enforceability;In the early stages, $17 million in funding has been secured to build governance toolchains and compliance infrastructure.Kula co-founder Samuel Chen emphasized, "KULA is not a speculative tool, but a governance medium that truly allows the community to control its land, energy, and asset values." Currently, its treasury proposal system has entered the launch phase, and the on-chain governance process can be tracked in real-time through smart contracts.

ChainCatcher news, according to on-chain analyst @ai_9684xtpa, a giant whale that acquired 76,000 ETH during the 2015 Ethereum ICO has awakened after three years of dormancy, depositing 3,000 ETH (4.78 million USD) into Kraken 45 minutes ago, suspected of selling off, with an ETH cost as low as 0.31 USD.An hour ago, the whale transferred 6,000 ETH to a new address, worth 9.55 million USD, and is expected to sell off all soon.

ChainCatcher news, according to Onchain Lens monitoring, a certain whale has deposited 2 million USDC into Hyperliquid to purchase more HYPE.In the past 5 days, this whale has cumulatively deposited 7.99 million USDC into HyperLiquid, of which 5.99 million has been used to purchase 376,442 HYPE at a price of 15.9 dollars each, with an unrealized profit of 266,000 dollars.Currently, this whale has a pending order to purchase 100,000 HYPE.

ChainCatcher news, according to official information, Bitget Token (BGB) has completed its first quarterly burn. A total of 30,006,905 BGB has been burned, accounting for approximately 2.5% of the total supply. The corresponding amount of BGB has been sent to the burn address, and the related records are publicly accessible.CoinMarketCap data shows that the market capitalization of BGB is approximately $5.2 billion, ranking 24th in the global cryptocurrency total market cap, and third among platform tokens on global centralized exchanges (CEX). After the burn, the total supply of BGB is 1,169,993,095 tokens, and it is in a 100% fully circulating state.

ChainCatcher news, Bitget Token (BGB) has completed its first quarterly burn. A total of 30,006,905 BGB has been burned, accounting for approximately 2.5% of the total supply. The corresponding amount of BGB has been sent to the burn address, and the related records are publicly accessible.According to CoinMarketCap data, the market capitalization of BGB is approximately 5.2 billion USD, ranking 24th in the global cryptocurrency total market cap, and third among platform tokens on global centralized exchanges (CEX). After the burn, the total supply of BGB is 1,169,993,095 tokens, and it is in a 100% fully circulating state.