Daily | Binance will distribute 356 HAEDAL airdrops to users with 80 Alpha points; Upbit will list SIGN trading pairs for KRW, BTC and USDT

Arizona House of Representatives Passes Bitcoin Reserve Bill, Moves Forward to Build Cryptocurrency Reserves

The Arizona House of Representatives passed two bills that could allow the state to adopt Bitcoin or other cryptocurrencies to build reserves.

In the third reading of Senate Bill 1025 (SB1025) on April 28, 31 members voted in favour and 25 against. Another similar bill, SB1373, passed with 37 votes in favour and 19 against. These ratifications bring these bills closer to being signed into law than similar initiatives in any other U.S. state.

Meanwhile, President Trump has signed an executive order in March proposing the creation of a "strategic bitcoin reserve" and a "digital asset reserve."

ether.fi launched a $40 million venture capital fund, with the first investments in Resolv, Rise Chain, and Symbiotic

Crypto new bank ether.fi announced that it has launched a $40 million venture capital fund, ether.fi Ventures Fund I, to support fearless entrepreneurs who are redefining what's possible in the industry.

In addition, the fund has now disclosed its first investment projects, namely Resolv, Rise Chain, and Symbiotic.

Loopscale: The hack is currently going well, and about 20,000 WSOL has been returned to the wallet

Loopscale posted on the X platform that it is working hard to reach an amicable solution to the previous hack incident, and it is currently going well:

1. At 2:19 AM ET on April 29, about 10,000 WSOL (about $1.48 million) has been returned to the Loopscale wallet;

3:14 p.m. ET on April 29, another 4,463 (approximately $660,000) WSOL has been returned to the Loopscale wallet;

3. Yesterday, 5,000 WSOL (about $740,000) was returned to the Loopscale wallet.

Loopscale added that it is still working on a final solution and will continue to provide updates in the future.

Binance Wallet Announces MilkyWay TGE Participation Threshold, Alpha Points Need to Reach 75

to the official announcement, Binance Wallet announced the MilkyWay TGE Participation Threshold, Alpha Points need to reach 75 points.

Bankera Founder Accused of Embezzling ICO Funds to Purchase Global Real Estate, Potentially Over $50 Million

According to Cointelegraph, the founder of crypto fintech company Bankera has been accused of using funds raised from an initial coin offering (ICO) in 2018 to buy luxury properties around the world.

Founders Vytautas Karalevičius, Justas Dobiliauskas, and Mantas Mockevičius, transferred nearly half of their ICO funds (about $114 million) to a bank they purchased in Vanuatu, according to leaked company records and bank statements. The bank then granted loans to companies owned by the trio for the purchase of luxury properties on the French Riviera and Lithuania.

Bankera had promised to become a "bank in the blockchain era" and obtain an EU banking license, but this has not yet been achieved. Its original planned revenue-sharing program was suspended in 2022. The founder's lawyer denied that the ICO was fraudulent but declined to comment on the specific deal.

Upbit will list SIGN Korean won, BTC and USDT trading pairs

According to the official announcement, Upbit will list SIGN Korean won, BTC and USDT trading pairs.

Binance: Sub-accounts are not eligible to earn Alpha Points independently, nor will they participate in the airdrop alone

Binance issued a document on Alpha Points, stating that only the parent account is eligible to earn Alpha Points, and the assets of the sub-account will be combined into the points of the master account. Splitting assets across multiple accounts to earn more points is not allowed. Therefore, sub-accounts are not eligible to earn alpha points independently, nor will they participate in the airdrop alone.

Binance will distribute 356 HAEDAL airdrops to users with 80 Alpha Points

Binance announced that Binance Alpha will open trading on Haedal Protocol (HAEDAL) at 20:00 on April 29, and all eligible Binance users with at least 80 Alpha Points will receive an airdrop of 356 HAEDAL in their Alpha account within 10 minutes of the start of trading.