
Crypto Events Recap, April 27-28
Sign
Sign trading is now live on select exchanges, including Binance. The current price is $0.075, with a market capitalization of $88.4 million and a diluted valuation of $737.1 million.
Bluefin
Bluefin co-founder unveils BluefinX, a liquidity primitive on Sui that provides traders with optimal on-chain execution prices and unlocks a powerful new execution layer for ecosystem.
Strategy
Strategy has acquired 15,355 BTC for ~$1.42 billion at ~$92,737 per Bitcoin, and now holds 553,555 BTC, purchased for a total of ~$37.90 billion at ~$68,459 per BTC.
Coinbase
Coinbase Asset Management launches the Coinbase Bitcoin Yield Fund on May 1, targeting a 4–8% annualized net return in Bitcoin for non-US institutional investors.
Flare
USD₮0 is live on Flare, unlocks $140B+ liquidity for XRPFi, backed 1:1 by Tether's USDT and powered by LayerZero’ OFT standard.
RTFKT
Nike is facing a class action lawsuit seeking over $5M, after allegedly crashing NFT demand by shutting down its RTFKT unit.
Ledger
Ledger Live users can now access stablecoin yields directly from their self-custody wallets via a new Kiln integration.
Monero
On April 28th, 3,520 BTC ($330.7 million) was stolen and quickly swapped for Monero, causing XMR to spike 50%.
OKX
OKX released 30th Proof of Reserves, including 133,000 BTC, 1.77 million ETH, and 7.85 billion USDT.
PancakeSwap
PancakeSwap Infinity goes live, providing ecosystem for DeFi traders & liquidity providers.
Loopscale
Solana DeFi protocol Loopscale suffers $5.8 million exploit just two weeks after launch.
Vituals
Binance.US launches VIRTUAL trading on April 29, 11:00 AM UTC. Deposits are now live.