ChainCatcher news, according to Bitcoin.com, the Massachusetts Appeals Court has confirmed in an unpublished ruling that the lawsuit filed by plaintiff Lourenco Garcia against Santander Bank has been dismissed. The plaintiff reportedly sought to hold Santander Bank accountable for losses exceeding $750,000 in a cryptocurrency scam associated with a fraudulent crypto platform named Coinegg.The Massachusetts Appeals Court found that while Santander Bank could refuse or block any or all transactions, it was not obligated to do so. Furthermore, the plaintiff authorized each transaction and did not find that the bank violated any contractual terms or legal obligations.

ChainCatcher news, according to CoinDesk, U.S. Senator Lummis stated that if the government purchases Bitcoin using gold certificates valued at their 1974 prices, it could halve the national debt within 20 years. She emphasized that this move would not require the use of additional taxpayer funds to acquire BTC.

ChainCatcher news, according to monitoring by ai_9684xtpa, a whale that spent $16.41 million building positions in PNUT, ai16z, and arc has accumulated a loss of $9.98 million, with assets shrinking over 60%.PNUT: Spent $9.12 million to build positions, cost $0.3448, fully liquidated two weeks ago with a loss of $4.975 million;ai16z: Spent $5.60 million to build positions, cost $0.7447, currently has an unrealized loss of $4.58 million;arc: Spent $2.77 million to build positions, cost $0.2914, fully liquidated two months ago with a loss of $426,000.According to previous analysis, this address may belong to Galaxy Digital, but it is currently impossible to confirm whether it is a market maker for the three tokens.

ChainCatcher news, according to Cointelegraph, macroeconomist Lyn Alden stated that the predicted price of Bitcoin has been slightly adjusted downward following President Trump's announcement of tariffs, but it is expected that Bitcoin will still end 2025 at a price higher than the current $85,000.Alden believes that if a "massive liquidity release" occurs, Bitcoin could reach more optimistic targets, similar to the global economic cycle from 2003 to 2007.

ChainCatcher news, according to OnchainLens monitoring, a certain whale address transferred 7,488 ETH (worth approximately 11.92 million USD) to FalconX after being silent for 1.8 years. The address currently still holds 10,322 ETH, equivalent to about 16.48 million USD at the current price.

According to ChainCatcher news, as shown on the Aptos governance proposal page, community member moon shiesty submitted the AIP-119 proposal, suggesting a monthly reduction of 1% in the staking annual yield over the next three months, to an eventual rate of approximately 3.79%. This proposal aims to serve as a preliminary attempt at restructuring the Aptos economic model, with plans for gradual implementation over six months to assess its potential impact.The proposal argues that the current ~7% staking yield is too high, reducing capital efficiency and encouraging the community to explore riskier or costlier opportunities such as restaking, DePIN infrastructure, MEV, and DeFi rewards. Although lowering staking rewards may reduce the incentives for holding APT, the proposal believes that the reduction in inflation combined with new reward mechanisms is expected to offset the impact.The proposal points out that this move may impact small validators and suggests considering support for validators holding less than 3 million APT through a community staking program, as well as discussing more efficient long-term incentive methods. The proposal is expected to undergo community and foundation review in the next four weeks, with a mainnet vote to be submitted in the fifth week.

ChainCatcher news, according to official sources, Redacted has announced the final allocation plan for the RDAC token. The official statement indicates that the token distribution reflects principles of fairness, collaboration, and long-term sustainability, which will incentivize early contributors, community participants, and builders.Among them, the Jirasan community will receive 25% of the tokens unlocked at TGE, followed by a 3-month cliff, and then a linear monthly release. There is also a possibility of accelerated release upon reaching milestones such as Tier 1 launch, revenue, and market capitalization; other community shares will adopt different TGE unlocking ratios, with a 3-month cliff and a 24-month linear release. Team tokens will be strictly unlocked based on market capitalization thresholds, with 10% unlocked for every $100 million increase in market cap after a 12-month cliff; if the market cap does not reach $100 million, the team tokens will be permanently destroyed, with an unlocking cap at a market cap of $1 billion.Redacted stated that this model draws on the long-term incentive framework of Binance founder Changpeng Zhao, ensuring that the team can only benefit upon achieving goals, and announced that all previous versions of the token economic model are now void.Previous report, Redacted has completed a $10 million financing round, with Spartan Group as a co-lead investor, along with participation from Saison Capital, Animoca Brands, and Polygon Ventures.

ChainCatcher message, according to Whale Alert monitoring, at 22:20 Beijing time, 229,767,998 USDT (approximately 229.68 million USD) was transferred from Bitfinex to Tether Treasury.

ChainCatcher message, CryptoQuant analyst Mignolet stated that approximately 170,000 BTC is being transferred from holders who have held for 3-6 months.The significant fluctuations in this group usually indicate that intense volatility is about to occur. "The green box indicates an upward trend. The red box indicates a downward trend. Volatility is coming."

ChainCatcher news, according to the official announcement from KiloEx, the platform has successfully recovered all stolen assets from this security incident, involving an amount of approximately 5.5 million USD. They are currently cooperating with judicial authorities and third-party experts to advance the formal case closure process.At the same time, a 10% bounty will be awarded to the white hat hackers as per the agreement. KiloEx stated that it will not pursue further legal responsibilities and is committed to continuously strengthening the platform's security construction.

According to ChainCatcher news, data from glassnode shows that whales holding more than 10,000 bitcoins are still buying in large quantities, indicating a strong accumulation trend. At the same time, investors holding a small amount of bitcoins (from less than 1 to 100 bitcoins) have reduced their selling, with the group holding 10 to 100 bitcoins possibly starting to shift towards buying. This suggests that the outlook of medium-sized holders on the market may be changing.

ChainCatcher news, Adam Posen, who has served at the Federal Reserve and the Bank of England, stated in a speech this week, "We may fall into a recession, or we may not, but in any case, we will face inflation." Posen, who currently serves as the president of the Peterson Institute for International Economics, has considerable influence and believes the probability of a recession is 65%.As for the Federal Reserve, Posen believes that given the still high levels of inflation, it has over-lowered interest rates. Once prices start to rise again, the Federal Reserve may not be able to keep up with the changes. As a result, the Federal Reserve may be forced to rapidly and significantly raise interest rates, putting additional pressure on the economy.If all of this comes to pass, Posen said, it may take years or longer to repair the damage.

ChainCatcher news, according to on-chain analyst Onchain Lens (@OnchainLens), a dormant wallet for a year has transferred 1000 ETH (approximately 1.6 million USD) to Binance. The ETH in this wallet originated from withdrawals from multiple centralized exchanges 5 to 7 years ago. Currently, the wallet holds 2001 ETH, valued at approximately 3.16 million USD.

ChainCatcher news, according to Cointelegraph, U.S. Senator Elizabeth Warren stated: "If Federal Reserve Chairman Powell is fired by the U.S. President, the American market will collapse."

ChainCatcher news, according to Cointelegraph, a cryptocurrency reserve bill in Arizona has passed the House and is now just one successful vote away from being submitted to the governor's desk for formal approval.On April 17, Arizona's Strategic Digital Asset Reserve Act (SB 1373) was approved by the full committee of the House. Before the third and final reading and full vote, the bill must be reviewed by 60 members of the House. SB 1373 aims to establish a strategic reserve fund for digital assets, composed of digital assets seized through criminal proceedings, and managed by the state treasurer.

According to ChainCatcher news, on-chain analyst Lookonchain (@lookonchain) monitored that Galaxy Digital transferred 12,500 Ethereum (approximately $20 million) to Binance in the past 8 hours. Data shows that in the past 6 days, Galaxy Digital has cumulatively transferred 62,181 Ethereum to the exchange, with a total value of approximately $99.46 million.

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 message, according to Ember monitoring, Blur transferred 23.8 million BLUR (worth approximately 2.3 million USD) to Coinbase Prime 1 hour ago. Since entering the unlocking period on June 15, 2023, Blur has unlocked a total of 35.6% (approximately 1.068 billion BLUR) and transferred it to Coinbase Prime for market circulation. Based on the price at the time of unlocking, the total value transferred is approximately 340 million USD, with an average transfer price of 0.318 USD, while the current price of BLUR is only 0.096 USD.