Odaily News According to the latest weekly data from CoinShares, as of the week of April 12, digital asset investment products had a net outflow of $795 million, with three consecutive weeks of capital outflows, bringing the cumulative outflow since the beginning of February to $7.2 billion, almost wiping out the net inflow for the whole year. Bitcoin outflows ranked first, reaching $751 million, but it still maintained a net inflow of $545 million since the beginning of the year. Ethereum outflowed $37.6 million. XRP recorded an inflow of $3.5 million against the trend, and Ondo, Algorand and Avalanche recorded small net inflows respectively. After Trump temporarily withdrew tariffs, prices rebounded, and total assets under management rose to $130 billion.

Odaily News Infinite Reality, an artificial intelligence and metaverse company, announced that it has acquired the old music platform Napster for $207 million, planning to transform it into a music metaverse platform. Napster CEO Jon Vlassopulos will continue to stay in office, saying that this will push the music experience from "mobile social" to the "three-dimensional immersive" era. Napster issued a platform token on the Algorand blockchain in 2022, and this acquisition marks its further transformation into the Web3 field. (Cointelegraph)

Odaily News The public chain Supra announced the acquisition of the on-chain data platform Blockpour and upgraded its brand to OpenBlocks.ai, marking a key step for Supra in the direction of AI-driven cross-chain infrastructure. In the future, OpenBlocks.ai will continue to provide the original high-quality on-chain data services and launch a series of original AI intelligent agent products based on the Supra IntraLayer architecture to help users complete complex cross-chain operations efficiently and securely. Supra is an L1 blockchain that vertically integrates oracles, cross-chain bridges, automation, and verifiable random number capabilities, and is committed to becoming the coordination and execution core in the Web3 ecosystem. Blockpour previously received investments from WeMade, GS Futures, Algorand Foundation and other institutions in 2022. This acquisition not only achieved a deep integration of the two parties at the technical and resource levels, but also opened a new era of cross-chain driven by AI agents for the blockchain industry.

<p>Odaily News Crypto analysts have found that although the prices of some altcoins on the market have risen, the number of daily active wallets has not increased, indicating that altcoins are still in the &quot;speculative&quot; stage and are far from a general rise in the altcoin season. For example:<br/> When the price of Algorand (ALGO) token was about $0.28 on February 10, the number of daily active wallet addresses dropped to 182,000. However, when ALGO hit an all-time high of $1.46 on December 20, 2021, the number of active addresses exceeded 1.31 million;<br/> The number of daily active addresses on the LINK network dropped to 3,860 on February 10, compared with 11,200 on May 3, 2021, when LINK hit an all-time high of $46.71.<br/> Nicolai Sondergaard, a research analyst at Nansen, said, &quot;The altcoin season will still come, but the form may be different from the past. There are more tokens and they are more decentralized. Although most of them have risen, the growth of specific tracks and tokens will far exceed that of other sectors.&quot; (Cointelegraph)</p>

<p>Odaily News The Algorand Foundation called on Musk&#39;s Government Efficiency Department to adopt DOGE on its blockchain for government operations. The foundation emphasized that Algorand&#39;s technology can improve transparency, especially in tracking federal spending. In addition, the Algorand blockchain is built with quantum-resistant security, making it ideal for protecting sensitive government data and preventing tampering. Algorand is a continuous blockchain launched in 2019. Although its native token is a top 50 cryptocurrency by market capitalization, the network has been slow to adopt.</p>

<p>Odaily News Computer scientist and blockchain expert Chen Jing has left the United States and joined Tsinghua University as a full-time professor. According to the China Computer Society Digital Library, Chen Jing is a professor in the Department of Computer Science at Tsinghua University and a recipient of the National Overseas High-level Talent Program. His main research areas are blockchain, smart contracts, computational game theory, and mechanism design. He was the chief scientist and director of theoretical research at blockchain technology company Algorand, and an assistant professor in the Department of Computer Science at Stony Brook University, State University of New York. In 2016, he won the National Science Foundation Career Achievement Award (NSF CAREER Award). Chen Jing has published many papers in top conferences and journals in computational theory and economics, and has served as PC for important international conferences in the fields of computational theory, computational game theory, security, blockchain, etc. (Tsinghua University Official Account)<br/></p>

<p>Odaily News Music sharing platform Napster posted on X Platform that no official Napster token has been launched yet, please rely on the official account for all official updates and information.<br/> It is reported that Napster is a peer-to-peer music sharing platform founded in 1999, but it ceased operations in 2001 due to multiple lawsuits and filed for bankruptcy in June 2002. But in 2022, the Napster streaming service was acquired by two Web3 companies, Hivemind and Algorand.<br/></p>

<p>Odaily News CoinGecko data shows that TRUMP&#39;s market value has reached US$6.5 billion, surpassing several major crypto projects, including Polygon ($4.1 billion), Algorand ($3.67 billion) and Arbitrum ($3.38 billion).</p>

<p>Odaily星球日报讯&nbsp;Coinbase 国际站宣布，Coinbase 国际站和 Coinbase Advanced 将增加对 Moo Deng、Algorand、The Sandbox 和 Mog Coin 永续期货的支持，MOODENG-PERP、ALGO-PERP、SAND-PERP 和 1000MOG-PERP 市场将于 2024 年 12 月 12 日 UTC 上午 9：30 或之后开始开放。</p>

<p>Odaily星球日报讯&nbsp;BlockFills 数字资产场外交易员 John Divine 表示：“马斯克对数字资产基础设施非常关注，X 平台拥有数字资产钱包功能只是时间问题”，并指出了马斯克从 PayPal 到特斯拉和 SpaceX 的历史。Divine 还讨论了特朗普提议取消美国山寨币的资本利得税。“短期内，这将为这些市场带来大量的成交量。”他指出 Algorand、Hedera 和 Cardano 等代币可能是受益者。他称此举是山寨币市场的“巨大催化剂”。（金十）</p>