Important information from last night and this morning (April 15-April 16)

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04-16
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Important News from Last Night to This Morning (April 15-16)

CleanSpark Plans to Sell Mined Bitcoin Monthly and Obtains $200 Million Credit Line from Coinbase Prime

According to Cointelegraph, US Bitcoin mining company CleanSpark stated that to achieve financial self-sufficiency, the company will begin selling a portion of its Bitcoin mined each month. Additionally, according to a statement, CleanSpark has obtained a $200 million credit line backed by Bitcoin through an agreement with Coinbase Prime, the institutional brokerage division of the crypto exchange. CleanSpark CEO Zach Bradford said that Bitcoin sales and credit line together mean CleanSpark has "achieved escape velocity - the ability to operate with its own funds, increase Bitcoin reserves, and contribute to expansion capital through operational cash flow". The company added that CleanSpark has opened an institutional Bitcoin trading desk to facilitate cryptocurrency sales.

UK House of Commons Leader Lucy Powell's X Account Hacked, Used to Promote "HCC" Token Scam

According to BBC, UK House of Commons leader Lucy Powell's X account was hacked and used to promote a fraudulent "House of Commons" cryptocurrency. On Powell's X account, a series of now-deleted posts described the "HCC" token as "a community-driven digital currency bringing people's power to the blockchain". The MP's office confirmed that her account was hacked on Tuesday morning and stated that "swift action was taken to protect the account and remove misleading posts". Recently, some public figures with large followings, including BBC journalist Nick Robinson, have experienced similar cyber attacks. CoinShares senior researcher Luke Nolan said this hack of Powell's account is an example of "pump and dump", with the token having only 34 transactions, potentially generating around £225 in profit.

Whale Reportedly Spends 5 Million USDC to Purchase About 630,000 TRUMP Tokens at Early Morning

According to Lookonchain monitoring, 8 hours ago, two newly created wallets (suspected to belong to the same whale) spent 5 million USDC to purchase 630,339 TRUMP tokens at a unit price of $7.93.

Galaxy Digital Deposits 12,500 ETH to Binance, Approximately $20.31 Million

According to Spot On Chain monitoring, Galaxy Digital deposited 12,500 ETH (approximately $20.31 million) to Binance about 8 hours ago. In the past 4 days, Galaxy Digital has cumulatively deposited 37,500 ETH (approximately $60.34 million) to Binance, with an average ETH price of $1,609 at the time of deposit.

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US-listed company Janover announces additional purchase of approximately $10.5 million worth of SOL

According to the official announcement, US-listed company Janover Inc. announced on April 15 that it has purchased 80,567 Solana (SOL) tokens worth approximately $10.5 million. This is the third execution under its newly adopted digital asset vault strategy. With this purchase, Janover now holds a total of 163,651.7 SOL tokens, valued at approximately $21.2 million (including staking rewards). The company will immediately begin staking its newly acquired SOL, supporting the Solana network while generating income. It is understood that Janover is an AI platform connecting the commercial real estate industry.

NFT project CyberKongz announces SEC has concluded its investigation

According to The Block, the Non-Fungible Token collection project CyberKongz announced that the US Securities and Exchange Commission (SEC) has concluded its investigation. This is the latest investigation into such a project ended by the SEC since former President Donald Trump took office earlier this year. On Tuesday, CyberKongz confirmed on X platform that the SEC's investigation has officially ended and revealed plans to launch a "brand revamp". "The shackles are off for CyberKongz," the company stated, "We've been preparing for this for a long time. Soon, we will unveil a comprehensive brand revamp plan and new direction." In December last year, CyberKongz received a Wells Notice from the SEC, which is a formal warning issued by the SEC before potentially taking enforcement action. CyberKongz revealed that they have been under immense pressure since first being approached by the SEC two years ago. The project team stated that the SEC's enforcement team raised a "very concerning argument that tokens (ERC-20) cannot be combined with blockchain games without registering them as securities".

ZKsync: Attackers illegally minted approximately 111 million ZK tokens from three airdrop contracts, representing about 0.45% of total supply

According to ZKsync's official update, investigations revealed that the administrator address of the airdrop contracts (0x8428…587D) was compromised, with attackers calling the sweepUnclaimed() function to illegally mint approximately 111 million ZK tokens, representing about 0.45% of the total supply. The incident was limited to the airdrop distribution contracts, with the ZKsync protocol, token contracts, governance contracts, and authorized minters remaining unaffected. Most of the funds are currently still in the attacker's address, and the team is coordinating with SEAL organization and exchanges to track and encourage the attacker to return the funds.

Insider: Trump to launch real estate-themed crypto game, possibly similar to Monopoly

According to Fortune, Trump is preparing to launch a crypto game centered around his brand, with two insiders describing it as similar to Monopoly GO!, led by his long-time business partner Bill Zanker. The project is part of the Trump family's crypto strategy, which has already involved Non-Fungible Tokens, stablecoins, DeFi, and Bitcoin mining. Although Zanker denies any association with Monopoly, the project is expected to launch in late April, with no disclosure yet on whether blockchain technology will be used.

Multicoin Capital partner borrows $7 million USDC and transfers to Coinbase, possibly to increase SOL holdings

According to Lookonchain, Multicoin Capital managing partner Kyle Samani borrowed approximately $7 million USDC from Kamino about 2 hours ago and transferred it to his Coinbase account. Given his long-term investment strategy in SOL, the market speculates this move may be to further increase SOL holdings.

Optimum completes $11 million seed round, led by 1kx

According to CoinDesk, infrastructure project Optimum announced the completion of an $11 million seed round, led by 1kx, with participation from Robot Ventures, Finality Capital, Spartan, CMT Digital, SNZ, Triton Capital, Big Brain, CMS, Longhash, NGC, Animoca, GSR, Caladan, and Reforge. The funding will be used for product development and ecosystem integration. Optimum is dedicated to building a decentralized high-performance memory infrastructure for blockchain, based on Random Linear Network Coding (RLNC) technology, launching the high-performance node communication layer OptimumP2P and decentralized memory product DeRAM, aiming to provide efficient data transmission and storage solutions for any blockchain network. OptimumP2P is about to launch its testnet and is inviting public chains and node operators to participate in testing.

Ethena Labs: Ethena exits German market, terminates MiCAR license application

According to Ethena Labs' Official Twitter, Ethena has reached an agreement with the German financial regulator BaFin to close all operations of its German subsidiary Ethena GmbH and no longer apply for MiCAR authorization. From March 21, 2025, Ethena GmbH has ceased all minting or redemption operations, with such activities now handled by Ethena (BVI) Limited, and users have completed migration. Ethena GmbH now has no whitelisted users or direct clients. Last month, BaFin halted Ethena's stablecoin USDe token issuance, citing significant compliance deficiencies.

GPS has destroyed over 177 million tokens through buyback plan, valued at $3.06 million

GoPlus announced on X platform that the project team has destroyed 177,158,631 GPS tokens (approximately $3.06 million) through a buyback plan, transparently transferring them to a black hole address, permanently removing them from circulation. This is part of the project's buyback commitment. According to @ai_9684xtpa, the GPS project team previously promised to buyback GPS tokens worth $4.34 million USDT, and between March 19 and April 14, they withdrew approximately $4.04 million in tokens from Binance, essentially completing the buyback task.

Binance to list WalletConnect (WCT) perpetual contracts

According to Binance's announcement, Binance will list WalletConnect (WCT) starting from 7:00 PM Beijing time on April 15, supporting features including Simple Earn flexible financial management, token purchase, Binance exchange, leveraged trading, and contract trading. WCT will open USDT and USDC trading pairs, support purchase via bank cards and multiple payment methods, and be added to the lending platform as a new lending asset.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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