尽管关键指标与以太坊持平，但币安币仍下跌

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. For the past several years, web3 has been dominated by one metric: Total Value Locked. Entire ecosystems have been valued, ranked, and rewarded based on how much capital they can silo within their smart contracts and bridges. However, while TVL has been an easy number to point to, it’s also led us down a narrow path that reinforces fragmentation, not freedom. You might also like:Breaking free from the Matrix: Web3 search engine can reshape the internet’s future | Opinion I feel it’s time to shift the narrative. Web3 shouldn’t be about how much value is locked away on isolated chains; it should be about how much value is unlocked and made usable everywhere. The industry needs a new north star: Total Value Unlocked (TVU). The failure of TVL as a metric Some readers might argue that TVL is a necessary measure for assessing economic security and user trust. Others may contend that full interoperability increases systemic risk, especially given the growing frequency of cross-chain bridge exploits. While I agree that these risks must be addressed, they do not justify the continued fragmentation of the ecosystem. TVL incentivizes protocols to hoard assets through staking rewards, yield farming and native token lockups, creating liquidity silos, fragmented networks that are difficult and risky to bridge. Developers are pressured to align with specific ecosystems while users must navigate a fractured, complex landscape. Recent trends, such as the proliferation of Layer 2s (a Gemini Institutional Insights report noted how a new Ethereum L2 solution is launched roughly every 19 days) and application-specific chains have exacerbated this problem. Projects like Base and Blast are expanding Ethereum’s reach but are also reinforcing value lock-in. Meanwhile, interoperability promises, such as those made by Cosmos and Polkadot, have yet to fully solve cross-chain composability at scale. Introducing Total Value Unlocked Total Value Unlocked shifts the focus from isolation to accessibility. TVU is a measure of how much usable, verifiable, and interoperable value a blockchain ecosystem can unlock, not just on its own, but in concert with others. It’s about enabling liquidity, data, smart contracts, and infrastructure to be accessed universally, across all chains. This is what web3 urgently needs now: the ability to use the best applications, the most relevant data, and the deepest liquidity, regardless of where they originated. To make this possible, the ecosystem needs more than just cross-chain bridges. It requires a universal foundation for verifiability and interoperability, a settlement layer that validates data, transactions, and smart contracts across diverse environments. Unlocking value through universal verification Instead of relying on trust-based integrations, systems could use mathematical proofs to ensure correctness. Whether it’s a transaction from Ethereum (ETH), a smart contract execution on Solana (SOL), or an AI model inference on a Layer 3 network, a verifiable settlement layer would allow developers to verify once and use anywhere. This model allows liquidity from one chain to be deployed across others without losing integrity, while enabling smart contracts written in one language to be verified and referenced by another chain’s execution environment. Additionally, it allows AI models and off-chain computations to be cryptographically verified and made usable across applications and chains, ultimately bringing together off-chain knowledge and on-chain state under a single verifiable architecture. With TVU, we stop measuring how much value is trapped and start measuring how much is empowered. As more chains launch and as application-specific infrastructure continues to proliferate, the fragmentation of web3 will only accelerate in tandem. If we cannot share liquidity, contracts, or data easily across environments, user experience will remain fractured and mainstream adoption will stall. TVU offers a new framework for thinking about growth, prioritizing composability, reach, and usability over isolated numbers. It rewards developers who build interoperable systems, and it guides ecosystem architects to design infrastructure that connects rather than isolates. By focusing on TVU, and by developing a universal settlement and verification infrastructure, web3 can move beyond liquidity islands and toward a truly interconnected ecosystem. Read more:Put developers at the center of web3 | Opinion Grigore Roșu Grigore Roșuis the founder & CEO of Pi Squared. Grigore is a professor of computer science at the University of Illinois and a former NASA engineer, where he developed the K Framework—an open-source “Rosetta Stone” for programming language semantics. Grigore also founded Runtime Verification, now the leading formal verification company in web3. In 2023, he founded Pi Squared with a vision to solve fragmentation and trust limitations in today’s blockchain infrastructure.

3 月 26 日，一封由 34 家加密货币公司签署的公开信敦促美国参议员和众议员纠正美国司法部的代码解释，美国司法部暗示 Tornado Cash 团队等 web3 开发商仅仅通过创建开源软件就参与了“无牌汇款业务”。 这封信没有提到 Tornado Cash 或 Samourai 的开发者，他们因参与创建各自的比特币混合器平台而被起诉。然而，这封信是基于 Tornado Cash 案件的。在最近取消对 Tornado Cash 的经济制裁后，它才得以公之于众。解除制裁对加密行业来说是一个胜利，但并不是最终的胜利，因为司法部的法律解释开创了一个对其他软件开发商来说很危险的先例。 目录这封信里写了什么？Tornado Cash 案件 这封信里写了什么？ 在信中，签名者敦促官员重新审视法规解释，并指出司法部的政策立场“因刑事责任的缘故而产生了混乱和模糊性，并最终威胁到美国数字资产行业和其他行业的软件开发的可行性。”他们得出结论，“根据这种解释，基本上每个区块链开发者都可能被起诉为罪犯。” 据信中所述，“资金转移业务”一词在美国法律中被提及了两次——分别在刑法和《银行保密法》的许可要求中。签名者指出，根据该法，要参与“资金转移业务”，需要持有并代表他人操作资金。如果没有这种持有，“资金转移业务”就完全是另一回事了。创建非托管 web3 平台的开发人员无法访问用户的资金。此外，像 Tornado Cash 这样的平台是去中心化的和开源的。而且，它不是一项业务。因此，开发人员不能因“未经许可的资金转移业务”而受到指责。 信中内容如下： “司法部无视这一指导意见和先例，以对个人软件开发商提起刑事诉讼的形式，对‘资金转移业务’进行了新的解释。结果：两个独立的美国政府机构对‘资金转移’的解释相互矛盾——这对守法的行业参与者和创新者来说是一个不明确、不公平的立场。” 信中总结道，如果这个问题得不到解决，开发者最终将在危险和不明确的环境中工作，不知道司法部是否尊重法律。这可能会损害美国的创新，并迫使许多优秀人才到国外寻求发展。 Tornado Cash 案件 Coinbase、Kraken、Ledger、Exodus、Uniswap Labs 等许多大公司都签署了这封信。他们的担忧是可以理解的。他们都希望美国区块链行业在正常情况下繁荣发展，代码编写者不会因为那些使用免费软件做坏事的人所犯下的罪行而受到审判。 信中声称，美国司法部于 2023 年 8 月首次使用误解的法律进行刑事起诉。这显然与 Tornado Cash 开发人员 Roman Storm 和 Roman Semenov 被指控洗钱的那一刻有关。虽然 Semenov 逍遥法外，但 Storm 已被保释并等待审判。对他来说，司法部对代码解释的纠正至关重要。 [今日新消息] 30 多个专注于加密货币的组织联盟加入 @fund_defi，恳请国会支持获得澄清并减轻司法部的“通过刑事起诉进行监管”的做法，就像在针对 @rstormsf 的案件中所使用的那样。我们团结一致，希望加密货币取得持久胜利……https://t.co/517wR4Rq9r— Jennifer Rosenthal (@jenn_rosenthal) 2025 年 3 月 26 日 Tornado Cash 并不是唯一一个因司法部曲解法律而陷入困境的协议。Samourai 钱包是另一个鲜明的案例。其创始人 Keonne Rodriguez 和 William Lonergan Hill 正面临与洗钱有关的严重指控。美国已经封锁了这项服务。 “司法部”再次将恢复财务隐私的应用程序的开发者定为犯罪。解决这个问题的方法是默认将金钱设为隐私。隐私绝不能是“例外”，否则他们会将其定为犯罪。— 爱德华·斯诺登（@Snowden） 2024 年 4 月 24 日 许多科技界有影响力的人物，包括著名的告密者爱德华·斯诺登，都批评美国司法部起诉创新者，而不是打击真正的罪犯。CryptoQuant 首席执行官 Ki Young Ju 指出，惩罚 Samourai 创始人就像惩罚刀具发明者，而不是惩罚那些用刀犯罪的人。 阅读更多：CryptoQuant 首席执行官为 Samourai Wallet 创始人辩护 Tornado Cash 自 2022 年以来一直被外国资产控制办公室封锁，但 3 月 21 日，财政部宣布解除对 Tornado Cash 的制裁，使使用混合器平台合法化。然而，财政部强调，它高度关注朝鲜民主主义人民共和国政府支持的黑客使用 Tornado Cash。该机构声称，它将继续制裁朝鲜，因为朝鲜使用被盗的加密货币为大规模杀伤性武器提供资金。据估计，朝鲜黑客通过 Tornado Cash 洗钱的金额高达 70 亿美元。 对于那些再次开始使用 Tornado 的人来说，请记住主前端仍然受到了损害。— ZachXBT (@zachxbt) 2025 年 3 月 21 日 尽管目前 Tornado Cash 的使用并未被禁止，但安全专家警告称，该服务的前端已被入侵。据称，它包含恶意 JavaScript，能够窃取用户的加密货币。他们呼吁在再次使用 Tornado Cash 来庆祝交易隐私之前，先确保安全。 你可能还喜欢：US Treasury lifts sanctions on Tornado Cash, allowing access for Americans

Base 是由 Coinbase 支持的第二层区块链，其推广的代币在推出后不久暴跌 95%，随后又反弹，因此面临批评。 4月16日，Base在Zora（一款自动将帖子兑换成代币的链上社交应用）上发了一条帖子，称“Base 人人共享”。几分钟后，Base X官方账号也分享了同一条消息，并附上链接，链接指向Zora上Base人人共享代币的页面。该代币迅速飙升，市值一度达到1700万美元。但很快便暴跌了95%，市值蒸发超过1500万美元。 基地适合所有人。pic.twitter.com/gq3lLLuXO1— Base (@base) 2025 年 4 月 16 日 暴跌立即引发了 X 币的强烈反弹，批评者指责 Base 和 Coinbase 推出一款高风险的 memecoin。Base 的帖子引发了人们的兴趣，持有近一半代币供应的内部人士纷纷抛售手中的代币，导致 X 币价格暴跌。 Lookonchain 随后标记了疑似内幕交易的记录。三个钱包在 Base 发布帖子之前大举买入，之后又卖出，获利超过 66.6 万美元。 在@base发布并出售之前，有 3 个钱包购买了大量“Base is for everyone”，获利约 66.6 万美元。0x0992 spent 1.5 $ETH($2,370) to buy 256.39M "Base is for everyone", and sold all for 108 $ETH($170.4K), making $168K.https://t.co/1QSP9LDMF80x5D9D spent 1… pic.twitter.com/1lrSydphxP— Lookonchain (@lookonchain) 2025 年 4 月 17 日 您可能还喜欢：由于 Coinbase 交易暂停，Media Network 加密货币暴跌 60% Base 在 X 上发表了一份公开声明，回应了外界的强烈反对。尽管该代币似乎得到了 Base 的公开支持，但该项目澄清称，它并非 Base 或 Coinbase 的官方网络代币。相反，该代币是 Zora 一项旨在将内容上链的创意实验的一部分。该团队表示，他们希望探索能够帮助公开分享表情包、精彩瞬间和文化的工具。 该团队写道：“如果我们希望未来在链上，我们必须愿意公开进行实验。” 他们补充说，Base“永远不会出售这些代币”，并且分享的内容旨在支持链上创造力和文化。 Base is posting on Zora because we believe everyone should bring their content onchain, and use the tools that make it possible.Memes. Moments. Culture.If we want the future to be onchain, we have to be willing to experiment in public. That’s what we’re doing.To be clear,…— Base (@base) 2025 年 4 月 16 日 尽管如此，加密货币社区的许多人仍感到被误导。一些人表示，Base 应该在代币上线前进行更清晰的沟通。Base 仍在发布关于“内容币”（其数字内容代币化实验）的帖子。然而，许多交易员仍然持怀疑态度，呼吁主要平台承担更多责任。 根据 Zora 代币页面显示，“Base 人人可用”的市值为 1300 万美元，截至发稿时 24 小时交易量为 3700 万美元。代币创建者已从交易活动和 Zora 的创建者奖励中获利超过 7.4 万美元。 阅读更多：Synthetix 的 sUSD 稳定币尽管采取了挂钩恢复措施，但仍跌破 0.8 美元

Bonk is among the altcoins that saw a significant price dip early Tuesday as profit taking dented bulls’ momentum. The Bonk (BONK) crypto had jumped to highs of $0.0000256 as Bitcoin (BTC) broke to above $105k amid a U.S.-China trade deal announcement. But the flagship digital asset pared some of the gains and major altcoins followed suit. Bonk price slipped to lows of $0.0000209, with the Solana memecoin plummeting by more than 12%. The action mirrored other trending Solana meme coins and the broader crypto market. Notably, Bitcoin hovered near $103,400, having broken down from above $105k. Bitcoin and Ethereum also dipped slightly as markets digested fresh U.S. inflation data. The CPI report triggered a modest retreat in equities, with the Dow slipping and BTC stabilizing near $103k. ETH fell toward the $2.4k region. Solana and XRP also gave back some of their recent gains. Analysts at QCP Capital noted signs of capital rotation, with BTC dominance falling below 63%, indicating potential shifts toward altcoins or other risk assets. You might also like:https://crypto.news/why-is-crypto-down-today-2/ The broader market trend saw the memecoin record a surge in volume, up to $1.1 billion. However, as traders sought to take profits, BONK price fell, with its technical picture suggesting a potential reversal with a rising wedge pattern. Despite the short-term bearish setup, BONK appears to be looking for a bounce. In the past 24 hours, the memecoin touched highs of $0.0000228, though it has since pulled back from a key horizontal resistance zone. Overall market conditions and Solana ecosystem buzz will nonetheless be key in terms of tailwinds for Bonk.The latter is noteworthy as Bonk is Solana’s first dog-themed coin and has seen growth alongside top memecoins Dogecoin and Shiba Inu. Data from SolScan shows Bonk’s user base is nearing 1 million holders. Meanwhile, BONK price reached its all-time high of $0.000059 in November 2024. You might also like:Bonk price slowly forms a risky pattern pointing to a crash

比特币资金公司 Strategy（前身为 MicroStrategy）在 4 月 7 日至 4 月 13 日期间又以 2.858 亿美元收购了 3,459 个 BTC。 尽管加密货币缺乏重返 100,000 美元大关的能量，迈克尔·塞勒 (Michael Saylor) 的策略仍在继续积极积累比特币 (BTC)。 Strategy 在 4 月 14 日向美国证券交易委员会提交的监管文件中披露，该公司在 4 月 7 日至 13 日期间，使用出售近 960,000 股 MSTR 股票所得的现金收益，以 2.858 亿美元的价格购买了 3,459 个 BTC。 $MSTR 已斥资约 2.858 亿美元购入 3,459 枚比特币，当时每枚比特币的价格约为 82,618 美元，截至 2025 年迄今，比特币收益率已达 11.4%。截至 2025 年 4 月 13 日，@Strategy 持有 531,644 枚 $BTC，当时每枚比特币的价格约为 67,556 美元。https://t.co/IUbf4TFD3d— Michael Saylor (@saylor) 2025年4月14日 您可能还喜欢：0.07% 的市场份额，16% 的募集股权：战略如何重新定义企业杠杆 在周一的 X 帖子中，塞勒透露，这家总部位于弗吉尼亚州的上市公司以平均每枚比特币约 82,618 美元的价格收购了比特币，自 2025 年初以来实现了 11.4% 的比特币收益率。加上最新的收购，Strategy 目前持有 531,644 枚比特币，购买成本接近 360 亿美元，平均每枚比特币的成本为 67,556 美元。 就在此次收购发生的几天前，Strategy 曾警告称，如果无法通过股权或债务筹集到足够的资金，可能被迫出售部分比特币持仓。该公司目前负债约 80 亿美元，其中每年需支付 3500 万美元利息，每年还需支付 1.5 亿美元的股息。该公司预计第一季度的未实现亏损将接近 60 亿美元，但同时也预计将获得 16.9 亿美元的税收优惠。 阅读更多：该策略再买入近 20 亿美元比特币，目前持有超过 52.8 万枚 BTC