The full-chain Rollup L1 network Initia announced the INIT token economics, with a total supply fixed at 1 billion, of which 5% is used for airdrops. In addition, the foundation accounts for 7.75%, the protocol developers account for 15%, and the protocol sales account for 15.25%. For the initial CEX liquidity boot, 6% of the total supply is allocated to the Binance listing event.

OX reporter Charles Gasparino said that he learned from Wall Street sources that Paul Atkins will be sworn in as chairman of the U.S. SEC as early as Tuesday.

MANTRA announced in an official blog post that its CEO and founder John Patrick Mullin will destroy 150 million tokens from its team token allocation. This destruction is a commitment made to the community last week to rebuild trust. Team and core contributor tokens are staked at the mainnet launch in October 2024 to initiate network security. Currently, the process of unstaking 150 million tokens from the team and core contributor token pool has begun. The unstaking period will be completed on April 29, 2025. Once the process is over, all tokens will be sent directly to the destruction address. These tokens will be permanently removed and the total supply will be reduced by 150 million OM tokens accordingly.

Strategy (formerly MicroStrategy) purchased 6,556 bitcoins between April 14 and April 20, at an average value of $84,785 (total: $555.8 million).

The Web3 ecosystem has formed a multi-level, multi-track competition landscape, covering core areas such as Bitcoin ecology, infrastructure, NFT, Meme coins, RWA (real world assets) and DApp applications.

Binance Alpha adds SPX6900(SPX), Mog Coin(MOG), Popcat(POPCAT) and Milady Cult Coin(CULT).

Telegram founder Pavel Durov posted on the official TG channel that France almost banned encryption last month. The Senate passed a law requiring communication applications to set up a backdoor for the police to access private information. Fortunately, the law was rejected by the National Assembly. However, three days ago, the Paris police chief spoke out again in support of the law. Because technically, there is no guarantee that only the police can access the backdoor. Once a backdoor is introduced, it may be used by other parties - from foreign spies to hackers. Therefore, the private information of all law-abiding citizens may be threatened.

According to GMGN data, the LUCE token rose by more than 70% in a short period of time, and is currently trading at $0.0162, possibly due to the news of the death of Pope Francis. It is reported that Pope Francis died on April 21 at the age of 88. Francis, whose real name is Jorge Mario Bergoglio, was born on December 17, 1936 in Buenos Aires, Argentina, and has served as the Pope of the Catholic Church since 2013.

In the past 30 days, the total number of active USDT addresses across the entire chain reached 31.1 million, of which BNB Chain and TRON contributed a total of 23.2 million, accounting for as high as 74%.

PANews reported on April 21 that PancakeSwap officially announced that CAKE Token Economics 3.0 will be implemented at 0:00 UTC on April 23, and veCAKE and Gauges Voting will be officially "retired". From 8:00 am (UTC) on April 23, 2025, all CAKE and veCAKE stakes will be unlocked, and users who have directly staked CAKE through the PancakeSwap interface will be able to exchange veCAKE for CAKE at a 1:1 ratio.