According to PeckShieldAlert, the address marked as the Zoth attacker has transferred 1,000 ETH (about $1.5 million) to Thorchain and transferred it across the chain to the Bitcoin (BTC) and Litecoin (LTC) networks through the platform.
According to Towns Protocol official news, the decentralized communication protocol Towns announced the completion of a $10 million Series B financing, led by a16z crypto, with Coinbase Ventures joining the investment and Benchmark continuing to participate. Towns is committed to building on-chain communication infrastructure and promoting the development of Web3 social and collaboration tools. The project owner said that "the future of communication will go on-chain." Related reading: Understand the social communication protocol Towns in one article: Benchmarking Farcaster, why is it worth a16z's $22.5 million bet?
Vitalik Buterin published a post on the Ethereum Magicians forum, proposing a "minimalist L1 privacy roadmap" aimed at enhancing the privacy of Ethereum users while minimizing changes in the consensus layer. The roadmap covers four aspects: on-chain payment privacy, in-application activity anonymization, on-chain read privacy (RPC), and network-level anonymization. Core measures include integrating privacy tools into mainstream wallets, using "one address per application" by default, promoting FOCIL and EIP-7701, introducing TEE and future PIR privacy reading technology, etc. The ultimate goal is to achieve user operation isolation, default privacy sending, and anti-censorship infrastructure. Vitalik emphasized that this solution can be combined with longer-term and deeper L1 reforms.
According to former U.S. federal prosecutor James K. Filan, the SEC and Ripple have jointly filed a motion with the U.S. Court of Appeals for the Second Circuit to "abeyance" the appeal and cross-appeal proceedings between the two parties, on the grounds that the two parties have reached a "principle settlement agreement" and are currently awaiting approval from the SEC committee. If approved, they will apply to the local court for a confirmatory ruling. The court has canceled the original arrangement to submit the reply materials on April 16. This motion marks that the case may soon usher in a final settlement.
According to Onchain Lens, a whale address has unstaked 141,771 SOL (about $15.96 million) and transferred it to the Kraken exchange. The address still has about 1.69 million SOL (about $191 million) in pledge, and currently has a book loss of about $22.67 million.
Spot gold has reached $3,200 an ounce, setting a new all-time high. It has only been more than ten days since it broke through $3,100 an ounce. It rose 0.74% on the day and nearly 22% this year.
According to Coinbase Assets, Wayfinder (PROMPT) is now available on the Coinbase official website and its iOS and Android apps, with an experimental label of “Experimental”. Users can now buy, sell, exchange, send, receive and store.
According to the official blog of Helium, the US SEC has agreed to "with prejudice" withdraw the unregistered securities charges against Helium's founding team Nova Labs, confirming that the issuance of Helium Hotspots devices and HNT, IOT, and MOBILE tokens do not constitute securities. This decision brings key regulatory clarifications to the Decentralized Physical Infrastructure Network (DePIN) project, meaning that building real infrastructure through crypto incentives is no longer automatically considered a securities offering. The "prejudicial" nature of the SEC's withdrawal of the lawsuit also means that it may not bring the same charges against the matter in the future.
According to Arkham, an NFT trader sold the Alien series CryptoPunk NFT he bought a year ago for 4,000 ETH (about 6 million US dollars). The original purchase price was 4,500 ETH (about 16 million US dollars), with a loss of 10 million US dollars.
According to The Block, US President Trump has signed a joint congressional resolution to formally revoke the IRS crypto tax rules (DeFi broker rules) passed at the end of the Biden administration. The rules require "custodial brokers" to collect and report user data to tax authorities. The bill was initiated by Senator Ted Cruz and Congressman Mike Carey, who said it was the first crypto-related legislation to be signed into law. The bill was passed by both houses of Congress and received support from some Democrats. The DeFi Education Foundation said the move was a positive signal for the development of decentralized technology.
According to the official website of the U.S. Securities and Exchange Commission (SEC), in order to further clarify the applicability of federal securities laws in the crypto asset market, the SEC's Corporate Finance Division issued a statement to guide the registration and disclosure requirements of related securities. The statement covers equity and debt securities related to networks, applications and crypto assets, including crypto assets as part of investment contracts. The guidance covers key disclosure elements in documents such as Regulation SK, Form S-1, Form 10, such as business descriptions, risk factors, security characteristics, management information, financial statements and display requirements for smart contract codes.
Coinbase International Station announced on the X platform that Coinbase International Station and Coinbase Advanced will add support for Compound, UXLINK and Aethir perpetual contracts. The COMP-PERP, UXLINK-PERP and ATH-PERP markets are expected to open at or after 17:30 on April 17, Beijing time.
According to on-chain analyst Yu Jin, the whale who sold 26,881 ETH to pay off his loan earlier today has sold another 9,000 ETH in the past 20 minutes for 14.01 million USDT. He sold a total of 35,881 ETH in the past 2 hours for 56.05 million U. The average selling price was $1,562. He still held 65,000 ETH on March 11. After these several liquidation reductions and today's sales, he currently only holds 2,688 ETH. He has basically cleared his position.
According to The Block, Jack Dorsey's payment company Block, Inc. reached a $40 million settlement with New York State financial regulators for anti-money laundering vulnerabilities. The consent order issued by the New York State Department of Financial Services on Thursday stated that the investigation found that the financial technology company formerly known as Square "failed to fully consider the significant risks posed by the scale and complexity of its business" when providing Bitcoin services through Cash App. The regulator specifically pointed out that Block had three major vulnerabilities: lack of risk-based anti-money laundering controls, insufficient customer due diligence, and lax treatment of high-risk Bitcoin transactions, resulting in a large number of anonymous transactions not being reviewed. This is the second time Block has paid a settlement for anti-money laundering issues this year. In January this year, the company paid $80 million to financial regulators in 48 states. A Block spokesperson said that this settlement marks that it has resolved all state-level money transmission license-related matters, and emphasized that although the company did not admit the results of the investigation, it has invested a lot of resources to improve Cash App's compliance system. According to the agreement, Block must hire an independent monitor to implement rectification.
Wayfinder reposted a tweet from its airdrop partner TokenTable: “Wayfinder claims have been suspended while we resolve issues related to transaction failures and MEV. We are working on solutions for both issues and will announce any updates here, including related compensation. Claims will be resumed and announced as soon as possible.”
dYdX issued a reminder on the X platform that more than 110 million ethDYDX have not yet been migrated to the native DYDX on the dYdX chain, and Nethermind proposed to stop supporting the bridging function on the dYdX chain in about 55 days - after which unbridged tokens may no longer be exchanged.
According to the monitoring of SlowMist founder Yu Xian, more than 6 million US dollars worth of funds on ZKFair L1 Bridge were transferred to its Safe multi-signature address with admin privileges on March 27, and then transferred to an EOA address, most of which were staked in Aave, which is suspicious. The EOA address is one of the owners of the ZKFair Safe multi-signature.
According to official news, Binance Alpha has added Wayfinder (PROMPT).
According to official news, today, Standard Chartered Bank and OKX, a digital currency exchange and on-chain technology company, jointly announced the launch of the global pledged asset mirror project. The project accepts institutional clients to use digital currencies and tokenized money market funds as over-the-counter pledged assets, and a large global systemically important bank (G-SIB) is responsible for the custody of pledged assets, which significantly improves the fund security and capital efficiency of institutional clients. The collateral mirror project has been launched in a pilot under the regulatory framework of the Dubai Virtual Asset Regulatory Authority (VARA). The project can significantly reduce counterparty risk, a key pain point in the current digital asset market, and provide users with more effective protection. Standard Chartered Bank, as an independent custodian in the Dubai International Financial Center (DIFC), is regulated by the Dubai Financial Services Authority (DFSA) and is responsible for the safe storage of pledged assets. OKX manages pledged assets and executes transactions through its VARA licensed entity. Franklin Templeton will be one of the first money market funds launched in this joint project between OKX and Standard Chartered Bank. Brevan Howard Digital, a digital currency and digital asset subsidiary of alternative investment management firm Brevan Howard, is one of the first institutions to join this innovative project, highlighting the importance of such services being provided by leading international cross-border banks and top global exchanges.
According to Jinshi.com, the market has almost fully priced in the Federal Reserve’s June rate cut.
According to Jinshi, after the release of US CPI data, US short-term interest rate futures rose, and traders increased their bets on the Federal Reserve to cut interest rates.
According to Jinshi.com, the U.S. core CPI annual rate in March was 2.8%, falling for the second consecutive month, the lowest level since March 2021, and lower than the market expectation of 3.0%. The U.S. core CPI monthly rate after seasonal adjustment in March was 0.1%, the lowest since June 2024, lower than the market expectation of 0.3%.
According to Jinshi.com, the U.S. unadjusted CPI annual rate in March was 2.4%, a significant drop from the previous month's 2.8%, hitting a six-month low and lower than the market expectation of 2.6%.
According to Jinshi.com, the annual rate of US CPI in March was 2.4%, expected to be 2.60%, and the previous value was 2.80%. The monthly rate of US CPI after seasonal adjustment in March was -0.1%, expected to be 0.10%, and the previous value was 0.20%. The annual rate of US core CPI in March was 2.8%, expected to be 3.00%, and the previous value was 3.10%. The monthly rate of US core CPI after seasonal adjustment in March was 0.1%, expected to be 0.30%, and the previous value was 0.20%.
According to CoinDesk, asset management company Grayscale Investments said in a research report released on Wednesday that in the medium term, tariffs and trade tensions may eventually have a positive impact on the adoption of Bitcoin (BTC). The report pointed out that the imposition of tariffs will lead to economic stagflation, that is, economic growth stagnation and inflation coexist, which is not good for traditional assets, but is good for scarce commodities such as gold; trade tensions may put pressure on the demand for US dollar reserves, leaving room for competitive assets including other legal currencies, gold and Bitcoin; historical precedents show that a weak dollar and above-average inflation may persist, and Bitcoin may benefit from such a macro background; "Rapid improvement in market structure supported by changes in US government policies" may help expand Bitcoin's investor base.
According to market news, VanEck submitted an application to the US SEC to list the Avalanche ETF on the Nasdaq.
According to official news, Binance Alpha has added Mind Network (FHE).
According to Fortune magazine, cryptocurrency insurance company Meanwhile completed a $40 million Series A financing round led by Framework Ventures and Fulgur Ventures on Thursday, with Wences Casares, founder of cryptocurrency bank Xapo, also participating in the investment. This round of financing values Meanwhile at $190 million, almost double the valuation of the most recent round of financing in 2022. Meanwhile will use the funds raised from this round of financing to expand globally and ensure that its products meet regulatory requirements. According to reports, Meanwhile's life insurance policy is similar to ordinary life insurance. The insured is required to pay the monthly premium calculated by the actuary. However, unlike paying from a bank account or using a check, customers are required to pay with Bitcoin from a cryptocurrency wallet. When the insured dies, his family will receive the claim amount in the form of Bitcoin.
According to the official announcement, Binance Finance, One-click Coin Buying, Flash Exchange Trading Platform, Leverage and Binance Futures will launch Babylon (BABY) according to the timeline listed below. Binance Finance: BABY principal-guaranteed earning coin current product will be launched on Binance Principal-guaranteed earning coin platform and open for subscription at 19:00 (Eastern Time) on April 10, 2025. One-click coin buying & selling: BABY can be traded with one-click buying within one hour after Binance spot is launched. Flash Exchange Trading Platform: Within one hour after BABY is launched on Binance spot, users can exchange BABY for BTC, USDT or other tokens supported by the Flash Exchange Trading Platform, and the exchange is free of handling fees. Binance Leverage: Binance Security Warehouse and Per-position Leverage will add BABY borrowable assets at 19:20 (Eastern Time) on April 10, 2025, as well as BABY/USDT, BABY/USDC full-position and per-position leverage trading pairs. Binance Futures: Binance will transition the pre-market trading of BABYUSDT U-margined Perpetual Contract to the standard version of BABYUSDT U-margined Perpetual Contract at 19:30 (ET) on April 10, 2025. The transition period may take up to 1 hour. During the transition period, BABYUSDT perpetual trading and existing positions will not be affected.
The PancakeSwap team responded to community feedback on the CAKE 3.0 token economics proposal. Regarding the 4% annual deflation target, 4% is a target set based on data from the past two years. Deflation is not limited to 4% per year. The actual destruction volume will be linked to the transaction volume. If the protocol performs well, higher deflation may be achieved. Regarding the exchange of mCAKE and sdCAKE, the team confirmed that the exchange ratio will be maintained at 1:1, and users need to operate through the original delegation platform. Regarding holding incentives, the team pointed out that the fee allocation will be adjusted to shift part of the liquidity provider fees to the buy-and-burn mechanism, which is expected to increase the destruction efficiency to 15%. At the same time, it emphasized that CAKE will continue to play a core role in governance, IF0 and other scenarios. In response to questions about the efficiency of veCAKE emissions, the team believes that the current proposal can more effectively solve the core problem and avoid the long-term disadvantages of short-term fixes. Regarding the issue of decentralized governance, the team stated that it will switch to a direct voting model based on CAKE holdings and consider introducing delegation functions in the future. Regarding geographical restrictions, the team explained that IF0 remains open, while TGE is restricted due to compliance requirements of partners. Finally, the team promised to provide a real-time destruction data dashboard, maintain transparency in emission decisions, and ensure that the veCAKE system operates smoothly during the transition period. During the transition period, the veCAKE system will continue to operate until the proposal is voted on to ensure a smooth transition.
According to the official announcement, Binance Launchpool has launched the 67th project - WalletConnect (WCT), an open source network that connects users to decentralized applications through a secure and interoperable protocol. The website is expected to be updated within about twelve hours of this announcement before the event opens. Users can put BNB, FDUSD and USDC into the WCT reward pool on the Launchpool website after 08:00 (Eastern Time) on April 11, 2025 to receive WCT. The event will last for a total of 4 days. Binance will list WalletConnect (WCT) at 19:00 (Eastern Time) on April 15, 2025, and open WCT/USDT, WCT/USDC, WCT/BNB, WCT/FDUSD and WCT/TRY trading markets, and seed tag trading rules will apply.
Babylon announced on the X platform that the Bitcoin-collateralized Layer 1 blockchain Babylon Genesis has been officially launched. It is reported that this is the second phase of Babylon's launch of the Bitcoin pledge protocol. According to previous news, Babylon Bitcoin pledge is divided into three phases. The first phase is to lock Bitcoin pledge to expand supply, the second phase is to launch the Layer 1 blockchain Babylon Genesis based on Cosmos-SDK, and the third phase is to launch other BSNs (which will allow other networks to access Bitcoin pledge security and liquidity through Babylon Genesis).
According to OnchainLens, an Ethereum OG whale has sold 5,814 ETH in the past 4 hours in exchange for 9.17 million USDC. In the past 17 hours, the whale has sold a total of 16,516 ETH at $1,577 per ETH in exchange for $26.03 million. Currently, the whale only holds 522 ETH, worth $832,000.
According to The Block, the U.S. Securities and Exchange Commission (SEC) has approved options trading for spot Ethereum ETFs. In an "accelerated approval" document filed on Wednesday, the SEC said it had approved Nasdaq ISE, LLC's application for options trading on BlackRock's iShares Ethereum Trust. The agency also approved NYSE American LLC's proposal to trade options on the Bitwise Ethereum ETF, Grayscale Ethereum Trust, and Grayscale Ethereum Mini Trust. Bloomberg Intelligence ETF analyst James Seyffart wrote on the X platform that the SEC's approval of the spot Ethereum ETF was expected. ETF Store President Nate Geraci said the issuer is expected to launch a series of new products, including a covered call option strategy Ethereum ETF, a buffered Ethereum ETF, and more.
