This Week's News Preview | Binance to Launch KERNEL; Binance to Delist the First Batch of 14 Tokens Decided by Voting
Highlights of the week from April 14 to April 20.Organizer: Jerry, ChainCatcher
Key News:
- Binance will launch KERNEL on April 14
- Shardeum mainnet will launch on April 15
- Binance will launch WalletConnect (WCT) on April 15
- Binance will delist the first batch of 14 tokens decided by vote on April 16
- The independent entity of the NEAR Foundation, Nuffle Labs, has been renamed MoreMarkets, which plans to launch its mainnet test version on April 19
April 14 (Monday)
According to Coin Edition, Trump has invited Salvadoran President Nayib Bukele to attend a White House meeting on April 14, where both sides will discuss bilateral cooperation and diplomatic relations.
Binance will suspend deposits and withdrawals for two network-specific tokens on April 14
Binance will stop supporting deposits and withdrawals for the following network-specific tokens on April 14, 2025, at 11:00 AM (UTC+8). After this time, deposits of the following network-specific tokens will not be credited to accounts, which may lead to asset loss:
- Flamingo (FLM) on Neo Legacy Network
- LTO Network (LTO) on BNB Smart Chain
Binance will launch KERNEL on April 14
Binance is launching the fourth phase of the Megadrop project KernelDAO (KERNEL), a re-staking protocol supporting products like Kernel, Kelp, and Gain. Users can participate in the KERNEL Megadrop starting from April 9, 2025, at 08:00:00 (UTC+8). The KernelDAO (KERNEL) Megadrop App page is expected to go live approximately twelve hours after this announcement.
Binance will list KernelDAO (KERNEL) on April 14, 2025, at 20:00 (UTC+8), and will open trading markets for KERNEL/USDT, KERNEL/BNB, KERNEL/USDC, KERNEL/FDUSD, and KERNEL/TRY, subject to seed label trading rules.
April 15 (Tuesday)
According to Jinshi, European Commission President Ursula von der Leyen stated that the EU has agreed to suspend countermeasures against US tariffs on April 15 for a period of 90 days. Preparations for further countermeasures are still ongoing, and all options remain open.
Coinbase will suspend trading of FLOKI, TURBO, and GIGA in New York State on April 15
According to a Coinbase announcement, the platform regularly assesses the compliance and listing standards of trading assets. Based on the latest review, Coinbase will suspend trading of FLOKI (FLOKI), Turbo (TURBO), and Gigachad (GIGA) in New York State at 14:00 (UTC-4) on April 14 (02:00 Beijing time on April 15).
This adjustment only applies to New York State, and trading in other regions will not be affected. Users can still buy, sell, or withdraw assets before the trading suspension.
Shardeum mainnet will launch on April 15
Layer 1 blockchain Shardeum announced that its EVM-based auto-scaling blockchain mainnet will officially launch on April 15, 2025.
Previous news indicated that Shardeum has opened airdrop pre-registration.
"Vitalik: The Story of Ethereum" will premiere on Apple TV and Prime Video on April 15
The crypto documentary "Vitalik: The Story of Ethereum" will officially premiere on Apple TV and Prime Video on April 15.
The documentary tells the story of Vitalik Buterin and the Ethereum community's challenges and explorations in promoting the development of an open internet.
VK in Russia will shut down its NFT platform on April 15
According to Cryptonews, Russian social media giant VK announced it will close its NFT marketplace "VK NFT Hub" on April 15 due to ongoing financial losses. VK reported a net loss of 94.9 billion rubles (approximately $1.1 billion) in 2024, nearly three times that of 2023. The company advises users to migrate their NFTs to external wallets before the shutdown, or they will lose access.
Binance will launch WalletConnect (WCT) on April 15
According to the official announcement, Binance will launch WalletConnect (WCT) at 11:00 AM (UTC) on April 15, 2025, and will open trading pairs WCT/USDT, WCT/USDC, WCT/BNB, WCT/FDUSD, and WCT/TRY.
Launchpool mining will begin at 00:00 (UTC) on April 11, 2025, allowing users to stake BNB, FDUSD, and USDC to earn WCT rewards.
April 16 (Wednesday)
Coinbase will suspend trading of Media Network (MEDIA) starting April 16
Coinbase Assets stated on the X platform that the platform regularly monitors the assets on the exchange to ensure they meet listing standards. Based on recent reviews, trading of Media Network (MEDIA) will be suspended around 02:00 Beijing time on April 16, 2025. MEDIA trading will be suspended on Coinbase.com (both simple and advanced trading), Coinbase Exchange, and Coinbase Prime. The MEDIA order book has been moved to limit mode. Limit orders can be placed and canceled, and matching may occur.
Binance will delist the first batch of 14 tokens decided by vote on April 16
According to Binance's announcement, the platform will delist 14 tokens including BADGER, BAL, BETA, CREAM, CTXC, ELF, FIRO, HARD, NULS, PROS, SNT, TROY, UFT, and VIDT on April 16, 2025.
This delisting is based on the results of the "vote delisting" and evaluations of project team activity, liquidity, transparency, and other criteria. Binance reminds that other tokens not selected in this first batch may still be removed in the future if they do not meet standards.
April 18 (Friday)
Binance will adjust portfolio margin collateral rates on April 18
According to the official announcement, Binance will adjust the collateral rates for assets such as DENT, ENJ, NOT, DASH, CHZ, AXS, ENS, SAND, THETA, and QNT under the portfolio margin model at 06:00 (UTC) on April 18, 2025. The adjustment will be completed in about one hour.
April 19 (Saturday)
According to The Block, the independent entity Nuffle Labs, derived from the NEAR Foundation, announced its renaming to MoreMarkets, which plans to launch its mainnet test version on April 19.
MoreMarkets aims to create revenue opportunities from XRP, DOGE, and other non-EVM tokens across different decentralized exchanges (DEX) without leaving their original networks. The company is developing a DeFi stack that combines deposit pools, cross-chain messaging, and yield aggregation to help these assets provide liquidity for DEX and other active DeFi chains.
Previously, Nuffle Labs raised $13 million in strategic funding in June 2024.
