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Market NewsMAGMA rose 49% in 24 hours on Sui, driven by the confirmed launch of Magma 2.0's propAMM rather than the eight-month-old Binance Alpha listing. On-chain checks show 81% of supply concentrated in three dormant wallets, immutable core contracts, and a $2 million primary liquidity pool that starts showing real slippage above $10,000.
Market NewsYEI Finance's CLO token gained 307.6% in thirty days against a backdrop of 98.75% TVL collapse, zero code commits in four months, and a single unlabeled wallet holding 56.82% of all on-chain supply.
Market NewsThe SEC's Division of Trading and Markets told crypto interface developers on April 13 they can operate without registering as broker-dealers, as long as they follow 12 specific conditions. The relief is temporary.
Market NewsThe European Central Bank has released a working paper showing that DeFi governance in four major protocols is far more centralized than their DAO branding suggests, with direct implications for EU regulatory oversight under MiCA.
Market NewsWorldpay and Bullish have each signed on as federated node operators for Midnight Network, joining ahead of the blockchain's scheduled mainnet launch this March. The Midnight Foundation confirmed both firms will also build proof of concept applications on the network, not just run infrastructure. Worldpay, which processes $3.7 trillion in payments annually across more than