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07:16

Grayscale updates the list of candidate assets: the AI sector added 9 new projects, and the DeFi sector added 7 new projects

Grayscale updates its list of candidate assets for new products, covering six major crypto sectors including AI, finance, smart contract platforms, and practical tools. The AI sector adds 9 new projects, the finance sector adds 7 DeFi projects, the smart contract platforms sector adds 6 new projects, and the practical tools sector adds multiple tools. The list is updated each quarter and does not yet indicate that related products will definitely be launched.
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ROBO3,67%
FLOCK3,24%
GRASS-4,87%
KAITO-2,42%
06:46

Web3 wallet Zerion detected abnormal activity on the platform; the web service is temporarily offline

Gate News message, April 11, Web3 wallet Zerion posted an announcement on the X platform saying that it detected abnormal activity on the platform, and the web app service has been temporarily taken offline. Zerion urges users to temporarily not use the web app; at the moment, the iOS and Android apps, as well as the browser extension program, are running normally and are secure, and users’ funds in the wallet are not affected. Zerion says it is actively monitoring the situation, and it will notify users separately once the web application is restored.
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04:09

Bank of America research report: The global economy’s dependence on oil has fallen to one-third of what it was in the 1970s. Huatai Securities says gold’s safe-haven appeal has stopped working

A U.S. bank research report said that since the 1970s, the global economy’s reliance on oil has declined, and the oil required now is only one-third of that at the time, with economic resilience strengthening. In addition, Haitong Securities’ analysis found that gold did not exhibit safe-haven characteristics; after experiencing a pullback due to geopolitical shocks, it rebounded.
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03:17

A certain CEX saw its market value shrink by more than 50% this year and cut 30% of its workforce. It is reportedly considering converting the founders’ loans into equity.

A major cryptocurrency exchange’s market value has fallen by more than 50%, it has laid off 30% of its staff, and it is considering asking the founders to forgive several hundred million dollars in loans. It lost $585 million last year, plans to exit multiple markets, and senior executives have stepped down. The Winklevoss brothers have not yet said whether they support the proposal.
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BTC1,15%
16:12

CZ responds to a report about a CEX employee reassignment: it’s misleading—the company has always offered flexible work location arrangements

CZ responded to a report saying that a certain CEX provides temporary relocation for employees to the UAE, saying it is misleading. He emphasized that it is not a new situation and believes the UAE is still safe. The CEX said that offering a migration option is to flexibly respond to heightened regional tensions, but the employees still choose to stay in the UAE and the business is operating normally.
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15:05

Hong Kong Monetary Authority: Will continue to communicate with institutions that have not yet been granted stablecoin licenses in the first batch, and is open but cautious about issuing additional licenses

Gate News message, on April 10, the Hong Kong Monetary Authority said it would maintain communication and engagement with the first batch of applicants that did not receive a license, as well as other institutions that apply in the future, to review these applications under uniform regulatory standards and requirements. Regarding the later issuance of stablecoin licenses and the timeline, the Monetary Authority has an open yet cautious attitude, and at this stage there is no clear inclination.
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12:30

Jiangsu Securities Regulatory Bureau warns about Hong Kong “fake exchanges” with fraudulent listings, reminding people to be vigilant against illegal fundraising involving pre-IPO shares

Gate News message, April 10, the Jiangsu Securities Regulatory Bureau issued a risk warning. Recently, some illegal intermediaries have used the gimmick of “getting listed on the Hong Kong Stock Exchange by knocking the gong” for a fee, offering services such as fake equity code and website public announcements. The relevant platforms are mostly “fake exchanges,” and they package the fake listing through forged ceremonies. Some companies take advantage of this to sell equity and pre-IPO shares to the public, which may involve illegal fundraising. Regulatory authorities remind investors: verify the qualifications of institutions through the official website of the Hong Kong Securities and Futures Commission, be wary of guaranteed-principal and high-yield promotions, do not transfer funds to individuals’ accounts or non-official platforms, and if you discover any leads, report and file a case promptly.
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12:01

An OTC whale sold RAVE three weeks ago, missing out on roughly $870k in gains

Gate News message. On April 10, according to Lookonchain monitoring, a whale address that previously bought 163,405 ETH (about $440 million) and 4,000 cbBTC (about $296 million) via over-the-counter trading sold 899,999 RAVE (about $229k) at cost three weeks ago. However, RAVE’s price is up 226% today; if the address had not sold in advance, its current unrealized profit would be about $870k.
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RAVE65,66%
ETH1,25%