Key Market Information Discrepancy on April 17th - A Must-See! | Alpha Morning Report

Featured News

1.US SEC to Hold Third Cryptocurrency Policy Roundtable on April 25, Focusing on Crypto Custody Issues

2.MANTRA Issues Statement on OM Price Plunge: Team Did Not Sell Off, Plans to Initiate Buyback and Burn Mechanism

3.Powell: Cryptocurrency Gradually Going Mainstream, Establishing a Legal Framework for Stablecoins Is a Good Idea

4.Former SEC Chair: Bitcoin May Endure for a Long Time

5.Raydium Launches Token Issuance Platform LaunchLab

Articles & Threads

1.《ZKsync Loses $5 Million in Token Theft, Former L2 Star Now in a Mess》

On April 15, the on-chain ZK token price of ZKsync, one of the "Ethereum's four major layer 2 solutions," suddenly plummeted. As of the time of writing, the ZK token price is temporarily at $0.0444, with a drop of over 14% in 24 hours, quickly drawing community attention. Due to the incident, some CEXs have suspended ZKSync deposits and withdrawals.

2.《Mantra Co-Founder Reveals: $5 Billion OM Token Collapse, Truly "Luna 2.0"?》

The podcast discussed Mantra's co-founder JP Mullin's explanation of the OM token's collapse. He expressed a sense of responsibility for the losses incurred by investors and the community, despite no malicious intent. JP pledged to provide full transparency and introduced a buyback and burn plan to support investors. He emphasized the importance of transparency and ongoing communication, stating his commitment to fully rectify the current situation and restore the project's health. He thanked supporters and promised to enhance future community engagement and commitment to ensure better development and responsiveness to investors' needs.

Market Data

Daily Market Overall Funding Heatmap (Reflecting Funding Rate) and Token Unlocks

Data Source: Coinglass, TokenUnlocks

Funding Rate

Token Unlocks