Key Market Information Gap on April 24th, A Must-See! | Alpha Morning Report

2008 Financial Crisis "Oracle" Raoul Pal on Cryptocurrency, Resilient Wealth, and Macro Insights.

The governance structure and collaboration mechanism of Movement Labs have been called into question, with internal conflicts and information confusion making it difficult to dispel the impression of "insider trading." Meanwhile, the project team is attempting to shift responsibility towards external operators.

1. Top News: Bitcoin Surges, Breaking Above $97,000; 2. Top Tokens: $MOVE, $ENA, $SOL; 3. Token Unlocking: $ENA, $1INCH

The Trump Family Is Launching a New Coin - How Many More Sheep Are Left to Be Fleeced in the Crypto World

Sui's expansion roadmap has also been continuously refined as Pilotfish advances shard execution to achieve true horizontal scalability and flexible validator configuration.

GoRich is an on-chain trading platform within the BIT.com APP, supporting multi-chain token trading within a single account.

「The recent overselling has resulted in many high-quality tokens hitting a golden buying opportunity. For the past month and a half, I have been strategically accumulating positions in these projects.」

Switzerland Zug, April 28, 2025, Chainwire

The world's fastest parallel MPC network, Ika, is set to launch on the Sui blockchain, announces a strategic investment from the Sui Foundation. Previously, Ika successfully completed a record-breaking 1.4 million SUI NFT art event on Sui. Ika is the world's first sub-second MPC network, capable of achieving zero-trust interoperability among hundreds of signing nodes, unprecedented in scale and rock-solid security.

Ika's core values of performance, speed, and high decentralization align perfectly with Sui. With its upcoming launch on the Sui blockchain, Ika will bring its unparalleled MPC technology into the Sui ecosystem, providing Sui Move smart contract developers with secure cross-Web3 interoperability. This further solidifies Sui's position as the preferred solution in cross-chain DeFi, decentralized custody, chain abstraction, AI-agent defense, native Bitcoin programmability, leveraging the first truly scalable and secure MPC signature scheme.

Ika: Setting a New Benchmark in MPC Technology

Ika addresses key bottlenecks of existing MPC networks and delivers unparalleled performance through innovative 2PC-MPC encryption scheme and Sui's Mysticeti consensus protocol:

1. Record Throughput: Ika's transaction processing capability is up to 10,000 times higher than current MPC networks, supporting unprecedented transaction volumes.

2. Ultra-Low Latency: While traditional network signatures may experience delays of 30 seconds or more, Ika can generate signatures in sub-seconds, supporting cross-chain real-time applications.

3. Tremendous Scalability: Ika breaks the conventional limit of 4-8 nodes, and the 2PC-MPC can scale to hundreds or even thousands of signers, enhancing decentralization without sacrificing performance.

4. Zero-Trust Security: Ika's architecture ensures that even in the most extreme scenarios, user assets remain secure, setting a new standard for decentralized security.

Ika Use Cases: Catalyst for Web3 Transformation

Ika's ultra-fast MPC network supports various applications on the Sui blockchain, and several Sui developers have utilized Ika to build tech, including:

· DeFi Interoperability: Ika's sub-second speed and scalability enable instant secure operations within the Web3 ecosystem, bringing liquidity from chains like Bitcoin and Ethereum into Sui. Sui developers Full Sail and Rhei have announced upcoming tech launches based on Ika.

· Decentralized Custody: Ika provides a secure, decentralized custody solution for digital assets on Sui, delivering unparalleled security for both institutional and individual users. Sui developers Aeon and Human Tech have announced the integration of Ika into their technology.

· Chain Abstraction: Ika helps Sui developers abstract away multi-chain complexity for users, combining with Sui's zkLogin feature to deliver a seamless user experience. Sui developers Covault and Lucky Kat have announced the integration of Ika into their technology.

· Programmable Bitcoin: Ika unlocks new possibilities for native BTC on Sui, enabling programmable and secure DeFi and custody. Sui developers Native and Nativerse have announced the upcoming launch of Ika-based technology.

· AI Agent Protection: Ika enhances AI applications on Sui by providing secure MPC protection, ensuring AI agents do not possess unrestricted power and safeguarding user asset security. Sui developers Atoma and Ekko have announced the upcoming launch of Ika-based technology.

Industry Leader Support, Community Enthusiasm

The strategic investment in Ika by the Sui Foundation underscores Sui's commitment to driving cutting-edge technology for high performance and decentralization. This amplifies the technical synergy within the Sui ecosystem, propelling Sui and Ika to the forefront of the Web3 revolution, jointly advancing the future of secure, scalable, decentralized infrastructure.

Ika has raised over $21 million in funding, with a peak private valuation of $6 billion FDV, backed by support from Sui Foundation, DCG, Big Brain Holdings, Blockchange, Node Capital, Amplify Partners, Liquid2 Ventures, FalconX, Tykhe Block Ventures, Lightshift, Token Bay Capital, Collider, Zero Knowledge Ventures, NoLimit Holdings, Rubik Ventures, Dispersion Capital, Insignius Capital, Impatient Ventures, Cerulean Ventures, Earl Grey Capital, HDI Ventures, Flowdesk, TPC Ventures, Purechain Capital, Solr DAO, Heroic Ventures, Naval Ravikant, NotVCs, G-20 Group, Artifact Capital, DSRV, Encapsulate, and many other key players in the Web3 space.

Ika also demonstrated the strong support of Sui users by launching the "MF Squid Market" NFT art event, which became the largest and most successful NFT event in Sui's history, raising over 1.4 million SUI and establishing an active grassroots community.

The IKA token is set to native launch on the Sui blockchain, unlocking new decentralized security features and utilities. As the native token of the Ika MPC Network, IKA will play a key role in its ultra-fast, scalable infrastructure, used for paying MPC signature services, enabling seamless transactions within the Web3 ecosystem. Leveraging Sui's unparalleled speed and performance, Ika enhances the security and scalability of the entire ecosystem, introducing the most promising MPC technology in blockchain to the fastest-growing L1 of Web3.

About Ika

Ika is the world's fastest parallel MPC network, offering sub-second latency, unprecedented scale and decentralization, and zero-trust security. As the preferred choice for interoperability, decentralized custody, and chain abstraction, Ika will fundamentally transform digital asset security and multi-chain DeFi.

About Sui

Sui is the first Layer 1 blockchain and smart contract platform designed from the ground up to provide fast, private, secure, and inclusive digital assets. Built on the Move programming language, its object-centric model supports parallel execution, sub-second finality, and rich on-chain assets. Through horizontally scalable processing and storage capacity, Sui supports widespread applications at low cost with unparalleled speed. Sui represents a significant advancement in blockchain technology, offering creators and developers a platform to build exceptional user experiences.

Contact:

Ika PR

pr@ika.xyz (mailto:pr@ika.xyz)

本轮周期最成功的加密VC之一，怎么应对Crypto与AI的「跨界投资」？

As the Sui Staking market gears up, Haedal's innovative products and robust data make it one of the top choices for DeFi investment.

1. On-chain Transactions: $10.4M USD flowed into Sonic today; $9.1M USD flowed out of Ethereum. 2. Largest Price Swings: $PENGU, $ALPACA 3. Top News: Monero Surges Past $310, with a 24-hour Price Increase of 35.89%

Exchange Inflow Surges, SUI Spot Inflow Reaches $62.86 Million, and the contract open interest has doubled from $700 million to $1.419 billion within one week.

From the President to the Secretary of Commerce, and then to the SEC Chairman and the "Crypto Tsar," these key figures' intersection with the crypto industry seems to have formed a tightly nested web of vested interests.

1. On-chain Funds: $43.7M USD flowed into Arbitrum today; $45.3M USD flowed out of Base. 2. Largest Price Swings: $JST, $NEIRO 3. Top News: Sui Network TVL Surpasses $1.7B USD, Marking a Growth of Over 41% in the Past Week.

The WLFI portfolio contains a variety of assets, mostly in the stablecoin USDC, followed by WBTC and ETH.

Binance has announced its listing and delisting criteria, and has introduced the Alpha Point rating system. The son of the US Secretary of Commerce's 21 Capital has raised $3 billion to establish a Bitcoin investment fund in partnership with SoftBank, Tether, and Bitfinex.

1. Top News: U.S. Senator Jon Ossoff Calls for Trump's Impeachment Over Hosting Private Dinner for TRUMP Big Donors; 2. Top Tokens: $QUBIC, $VANRY, $TAI; 3. Token Unlocking: $FET, $CELO

1. On-chain Funds: $33M USD has flown into Sonic today; $33M USD has flown out of Ethereum 2. Largest Price Swings: $INIT, $ZORA 3. Top News: BlackRock's BUIDL Fund reaches $2.5B USD, with 80% of funds concentrated in 4 addresses