North Korean hackers’ attacks against the cryptocurrency industry continue to escalate, becoming an important source of funding for maintaining their military budget. Experts say that, unlike hackers from other countries, North Korea relies more heavily on crypto theft; its tactics have evolved into precision takeover—long-term infiltration that is difficult to effectively defend against—posing a serious threat to the industry.

Gate News update: On April 12, according to on-chain analyst Ai Yi’s monitoring, the multi-signature address 0x0A1...790d7 accumulated a withdrawal of 31.93 million RAVE tokens from a certain CEX over the past two days. Its asset value has risen from $37.54 million to $89.10 million, an increase of $50 million within two days. Earlier, on April 8, the value of these tokens was only $8.52 million.

Musk said on the X platform that xAI’s Grok model is catching up to Anthropic’s Claude Opus 4.6, with a prediction it will come close to parity in May and may surpass it in June. He said that this timeline counts as a long time in the AI field. Claude Opus 4.6 is Anthropic’s flagship AI model and is the strongest version in the Claude 4 series.

On April 12, the prediction market Polymarket briefly appeared in Google News search results, but was then removed. Google said this was an error and said it will no longer display it. The platform has been proactively integrated with media and has already partnered with Google and the X platform.

Wang Yongli analyzed the progress of U.S. cryptocurrency asset policy in his article, saying that the CLARITY Act provides clear guidance for regulation. He emphasized that the development of the on-chain crypto world should be given due attention, and suggested implementing effective regulation based on an understanding of the nature of cryptocurrency assets, while also adapting the U.S. experience to the country’s own conditions.

X platform product lead Nikta Bier announced that the split for aggregated accounts will be reduced to 60% and that it plans to reduce it by another 20% in the next cycle. This move is intended to curb the impact of stolen content and clickbait information on real creators. Going forward, accounts that use clickbait-style tags will face a permanent reduction in earnings.

Gate News message, April 12, the second batch of Hong Kong compliant stablecoin license applications is underway. According to reliable sources, Futu Securities and OSL Group are both applicants for the second batch of licenses. Previously, in November 2025, 13 ministries including the People’s Bank of China issued a statement, reaffirming China’s crackdown on virtual currency trading and classifying stablecoins as virtual currency, which means stablecoins will be impossible to trade in mainland China.

Gate News message: On April 12, RAVE briefly surged more than 40%, reaching a high of $2.97 and currently trading at $2.4.

Gate News message, April 12, Musk’s social app XChat will officially launch on the App Store on April 17. Musk previously said that XChat’s goal is to replace the old Twitter direct message system and build a fully encrypted platform supporting text, file transfers, and audio and video calling.

Gate News message. On April 12, data from a certain CEX market shows that ETH is currently trading at $2,212, down 55% from its all-time high. ETH’s all-time high was $4,957 on August 25, 2025.