Important information from last night and this morning (April 27-April 28)

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04-28
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Important News from Last Night to This Morning (April 27-28)

Binance to Conduct Wallet Maintenance on Ethereum Network on April 30, Expected to Take 1 Hour

According to the official announcement, Binance will perform wallet maintenance on the Ethereum Network (ETH) on April 30, 2025, at 15:00 (UTC+8). To support this maintenance, Binance will suspend deposits and withdrawals for the Ethereum Network (ETH) on April 30, 2025, at 14:55 (UTC+8). The maintenance is expected to take 1 hour, and deposit and withdrawal services will automatically resume after completion.

Ethereum Community Members Propose New Application Layer Fee Structure

According to Cointelegraph, Ethereum community members Kevin Owocki and Devansh Mehta proposed a dynamic fee structure for the Ethereum application layer on April 27, aiming to balance income creation and fee extraction for application developers. The proposal uses a square root function to calculate fee proportions, with higher rates for smaller funding pools and a 1% fee cap for pools exceeding $10 million, to support and encourage project growth. The proposal reflects growing calls for reforming fee structures and value accumulation mechanisms to maintain Ethereum's economic viability relative to competing networks.

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ProShares Trust Postpones XRP-Related ETF Effective Date to April 30

U.S. SEC documents show that ProShares Trust submitted Form 485BXT earlier this month, announcing the postponement of the registration effective date for ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF to April 30, 2025. This revision only modifies the effective time and does not involve changes to the prospectus and supplementary information.

Bitrue Hacker Sells SHIB and HOT Again for Cash

According to Yu Jin, the hacker who stole $23 million from Bitrue in April 2023 has again sold remaining assets on-chain: selling 150 billion SHIB for 1,090.4 ETH (approximately $1.97 million), and selling 135 million HOT for 76.5 ETH (approximately $140,000). Previously, the hacker had sold 4,207 ETH in March 2024.

Sui Wallet Merges with Stashed to Launch Unified Wallet Slush

According to Mysten Labs, Sui Wallet and Stashed have officially merged into the new wallet Slush, supporting web, mobile, and browser extensions, providing self-custody, zkLogin quick login, Non-Fungible Token management, staking, and one-click transfer functions. The official stated that previous browser extension issues have been fixed, allowing users to seamlessly synchronize the new wallet version.

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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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