Important information last night this morning (April 8-April 9)
Reprinted from panewslab
04/09/2025·1M
Ouyi OKX will launch PROMPT (Wayfinder) spot trading
According to Ouyi's announcement, the OKX platform will launch Wayfinder ecological token PROMPT, with coin recharge opening at 10:00 on April 9, call bidding from 20:00 to 21:00 on April 10, PROMPT/USDT spot trading will be officially opened at 21:00, and withdrawal will be opened from 18:00 on April 11.
ETH fell below $1,400, down 8.61% intraday
According to the Ouyi OKX market, ETH has just fallen below $1,400 and is now at $1,399.57 per coin, down 8.61% during the day.
"Reciprocal tariffs" shock caused global stock market value to shrink by $10 trillion.
According to statistics from Bloomberg, the United States announced that the so-called "reciprocal tariffs" seriously impacted the international capital market. Since the 3rd of this month, the global stock market market value has shrunk by US$10 trillion, slightly higher than half of the EU's GDP. Among them, the US stock market itself suffered heavy losses, and the market value of the seven major technology giants in the US stock market evaporated by about US$1.65 trillion during this period. Among them, Apple's stock price has fallen by nearly 23% in the past four trading days because its product manufacturing is highly dependent on the US overseas supply chain.
According to Ember Monitoring, in order to prevent the position from being liquidated, the giant whale at the address 0xa339 sold 5 hours ago for US$1,471 each for US$7.49 million for USDT to repay the loan, reducing the liquidation price to US$1,246. Previously, he also sold 25,800 ETH due to the decline in ETH, with a cumulative loss of US$40 million. Its ETH was purchased at an average price of US$3,084 in July 2024, and it is still holding 30,000 ETH on Aave.
US Senate to vote on SEC chairman nominee Paul Atkins
According to Eleanor Terrett, the U.S. Senate has arranged a procedural "termination of debate" vote on SEC chairman nominee Paul Atkins tomorrow at 11:30 a.m. (23:30 on April 10, Beijing time). If the vote is passed, its official confirmation voting may be held as soon as 7:00 that night (7:00 Beijing time on April 11).
Tether increases stake in Bitdeer to 22.8%
According to SEC documents, Tether has increased its stake in Bitcoin mining company Bitdeer (Bitdeer) from 21% to 22.8%.
The probability of the Fed cutting interest rates by 25 basis points in May is 45.2%
According to CME's "Federal Observation": The probability of the Fed keeping interest rates unchanged in May is 54.8%, and the probability of cutting interest rates by 25 basis points is 45.2%. The probability of the Federal Reserve keeping interest rates unchanged by June is 0, the probability of a cumulative interest rate cut of 25 basis points is 51%, the probability of a cumulative interest rate cut of 50 basis points is 45.9%, and the probability of a cumulative interest rate cut of 75 basis points is 3.2%.
Retard Finder Coin (RFC) has been added to Binance Alpha
Retard Finder Coin (RFC) has been added to Binance Alpha.
Aavegotchi DAO has voted for migration from Polygon to Base and stop operations of L3 network Geist
According to The Block, the Aavegotchi community, a web3 gaming ecosystem based on the Aave protocol, passed the proposal with a support rate of more than 95%, and decided to migrate from the Polygon network to the Ethereum Layer 2 network base under Coinbase. As part of the migration plan, development company Pixelcraft Studios will terminate operations of its Layer 3 solution "Geist". All on-chain assets including Aavegotchi character NFT, wearable devices, badges, etc. will be 1:1 map-casted on the Base chain; the complete migration is expected to take 4-6 weeks, including the smart contract audit period; the original Polygon contract will be upgraded to read-only mode, prohibiting asset transfer and status changes. The proposal pointed out: "Since 2022, the TVL of the Polygon PoS chain has continued to stagnate or decline. Although the location of the game deployment should not theoretically affect the experience, actual user traffic has always followed liquidity." Pixelcraft Studios has previously streamlined its team to deal with the market cold winter. Aavegotchi founder coderdan stressed: "Although EVM game projects are currently facing challenges, we are still optimistic about the EVM ecosystem in the long term. The Base chain has the most long-term growth potential and will become Aavegotchi's ideal home."
According to King Ship, U.S. Trade Representative Greer said that Trump has been making it clear that there will be no tariff exemptions in the near future.
Source: a16z is seeking to raise $20 billion for its largest fund
Sources say a16z is looking to raise $20 billion for its largest fund ever.
PumpFun deposits 84,358 SOLs to Kraken again, worth $9.3 million
According to OnchainLens monitoring, PumpFun once again deposited 84,358 SOLs (worth $9.3 million) into Kraken. In 2025, they sent a total of 1,722,955 SOLs (worth $310.72 million) to Kraken. Overall, they have earned 3,245,238 SOLs and are currently worth $359.08 million.
According to Cailianshe's signing of Sky News, US Treasury Secretary Scott Becent said in an interview with the US Consumer News and Business Channel (CNBC) on the 8th that the United States is discussing which countries (regions) to reach a tariff agreement with, and revealed that US President Trump will participate in the relevant negotiations. Becente said that if other countries have "practical suggestions" to put on the negotiating table, then a tariff agreement can be reached with the United States. He also said that the US has discussed which countries to prioritize. "Last night we discussed which countries are prioritized, and I think everyone will soon see some countries with huge trade deficits with the United States standing up," said Besent. According to reports, U.S. officials also said that more than 50 countries (regions) have come forward to seek negotiations.
CBOE submits 19b-4 application documents to the US SEC for Canary SUI ETF
According to the US SEC application documents, Cboe BZX, a subsidiary of the Chicago Options Exchange Group, is submitting a proposed rule change (19b-4 application document) to the U.S. Securities and Exchange Commission to list and trade shares in the Canary SUI ETF.
According to Lookonchain monitoring, a giant whale that has held Ethereum for more than 900 days finally chose to sell and leave the market - today it sold out all 10,000 ETHs (worth $15.71 million). The giant whale initially purchased 10,000 ETH (worth $12.95 million) on October 4 and November 14, 2022. He did not sell out when Ethereum price broke above $4,000. But today, he chose to leave and made a profit of $2.75 million (if he sells at the peak of the price, he can make a profit of $27.6 million).
Binance CEO Richard Teng posted on X platform: "There is a lot of discussion about the recent tariff escalation, and I want to share my point of view what this means for the crypto market now and in the long run. The recovery of trade protectionism is causing major volatility in global markets, and cryptocurrencies are no exception. In the short term, this macro uncertainty often triggers a safe-haven reaction, investors will divest, waiting for economic growth, policy and trade situations to develop. However, going forward, this environment may also accelerate interest in cryptocurrencies as a non-sovereign store of value. Many long-term holders continue to believe that Bitcoin and other digital assets are resilient during economic pressures and dynamic changes in policy."
According to Forbes, AI cybersecurity startup Octane announced a $6.75 million seed round led by Archetype and Winklevoss Capital, the family finance office of Gemini founder Tyler and Cameron Winklevoss. Other supporters include crypto exchange Gemini Frontier Fund, Circle, Duke Capital Partners and a group of strategic angel investors, including Balaji Srinivasan, former Coinbase CTO. The funding will be used for product development, expanding engineering teams and expanding Octane's influence. According to reports, Octane's core proposition is to supplement the passive audit model with always-on AI defense. Octane is currently focusing on smart contract vulnerabilities, but the company's goal in the future is to detect and prevent more complex attacks.
Standard Chartered Bank: XRP could hit $12.5 before Trump's presidency ends
According to CoinDesk, Standard Chartered Bank said in a report released Tuesday that Ripple's XRP token price could rise to $12.50 before U.S. President Trump leaves office. Standard Chartered Bank predicts that XRP will rise to $5.50 by the end of this year, to $8 by the end of 2026, to $10.40 by the end of 2027, and to $12.50 by the end of 2028. Standard Chartered pointed out that XRP prices have risen six times since Trump won the election last November, reflecting the market's expectation that the U.S. SEC will withdraw its appeal against Ripple and the possible approval of the XRP ETF. Standard Chartered said the increase was sustainable, partly due to changes in SEC leadership, and also because "XRP has a unique position in facilitation of cross-border and cross-currency payments, one of the fastest growing applications of digital assets." "XRPL is similar to the main application scenarios of stablecoins such as Tether: blockchain-based financial transactions, which are traditionally completed through traditional financial institutions (TradFi). Standard Chartered Bank pointed out that Ripple also plans to push XRPL into the tokenization field, and these positive factors mean that in terms of price appreciation, XRP should keep up with its biggest competitor Bitcoin. The report added that XRPL has two flaws, namely the small number of developers and limited value capture capabilities, but these flaws are offset by many positive factors.
Justin Sun issued the "seven deadly crimes" of First Digital Trust (FDT), including: ① Violation of trustee obligations, FDT misappropriation of customer funds, and has violated Article 4 of Chapter 29 of the Hong Kong Trustee Ordinance (Obligation of Reasonable Prudence) and the basic trustee principle. ② Abuse of customer funds, FDT transferred TUSD funds to ARIA DMCC, and without proper authorization, it has faced intervention from law enforcement agencies, including fines, revocation of licenses, and even criminal prosecutions. ③ Unlicensed regulated activities, although FDT is registered as a TCSP company, it does not hold any license issued by the Hong Kong Securities Regulatory Commission. ④ Fraud or theft, FDT joined forces with co-conspirators such as ARIA CFF, Truecoin (Alex De Lorraine), Crossbridge/Finaport (Yai Sukonthabhund), and other co-conspirators, intending to cover up misappropriation and make up fictitious investments through forged records. ⑤ False declaration or concealment, in order to cover up misappropriation or unauthorized transactions, FDT provides false statements and fraudulent documents, claiming that TUSD funds are intact and have invested as directed. ⑥ Violating anti-money laundering obligations, FDT transfers illegally misappropriated funds through complex transactions or offshore accounts to cover up its source, suspected of violating anti-money laundering regulations, and may even constitute an act of assisting in money laundering. ⑦ In violation of the Prevention of Bribery Ordinance (POBO), FDT/Legacy, under the instruction of Vincent Chok, accepted secret kickbacks from the Dubai private company DMCC in exchange for illegal misappropriation of TUSD custodial funds.
According to Fortune Magazine, crypto catering application Blackbird Labs completed a $50 million Series B financing, led by Spark Capital, and participated by Coinbase, a16z crypto, Union Square Ventures and Amex Ventures. This financing is used for the distribution of company equity and token warrants, which are not yet published cryptocurrencies. Founder Ben Leventhal said he raised the fund in the fourth quarter of 2024, and he declined to disclose the implicit valuation of the round. Blackbird Labs has raised $85 million since 2022. According to reports, Blackbird is a restaurant loyalty and payment application. Every time a user patronizes a restaurant registered on the app, they receive a reward in the form of an in-house cryptocurrency FLY. Users can pay for meals anywhere in the cryptocurrency Blackbird network, which covers more than 600 restaurants in New York City, San Francisco and Charleston, South Carolina. Blackbird Labs released its own blockchain in February, which is built on Coinbase’s Base called Flynet.
Ripple acquires Hidden Road, a crypto-friendly major broker for $1.25 billion
Crypto payments company Ripple acquired major brokerage firm Hidden Road for $1.25 billion, aiming to expand its services to institutional investors, according to Fortune Magazine. CEO Brad Garlinghouse said the acquisition represents Ripple's efforts to integrate a wider range of services to attract large organizations. "Ripple needs to make sure we have the right infrastructure to attract and expand to a larger community of institutions," he said. The deal is mainly in the form of cash, XRP and stock. The acquisition will be completed in the next few months after regulatory approval, and Hidden Road founder Marc Asch will continue to serve as head of Ripple's first-tier brokerage. As part of the deal, Ripple will “inject billions of dollars of capital to provide instant scale and meet the needs of Hidden Road’s first-tier brokerage business,” the company said in a statement. The deal will benefit Ripple as Hidden Road needs to integrate some of the company's products for further promotion. Garlinghouse said the major broker will integrate Ripple's stablecoin RLUSD as collateral for its major brokerage products and explore using XRP underlying blockchain XRP Ledger to "improve settlement efficiency."
According to monitoring by on-link analyst @ai_9684xtpa, "56,995 ETHs on the verge of liquidation giant whales" repayment again, and the liquidation price has been reduced to US$1,269.67. In the past two hours, he sold another 5,324.29 ETH to repay 8.268 million DAI loans, and currently has a total mortgage of 43,694.35 ETH to borrow 32.63 million DAI.
Bubblemaps: 50 million MELANIA tokens have been transferred from community funds and partially sold
On-chain data visualization platform Bubblemaps posted a post on X platform early this morning that 50 million MELANIA tokens (worth $30 million) have been transferred from the community fund and partially sold, but the team did not respond to this. Last week, $2 million of MELANIA tokens were also sold. Bubblemaps added that addresses related to the Melania team currently hold 92% of the MELANIA token supply.
The EU is expected to submit a follow-up response plan for U.S. tariffs early next week
On Tuesday, European Commission spokesman Olof Gill said the European Commission is expected to submit a preliminary plan early next week to deal with the widespread import tariffs announced by Trump, according to King Thousand. "Earlier next week, we will basically come up with our plans. We will explain what the roadmap is, then consult with member states and industry, then propose final measures and will be submitted to member states for a vote," the spokesperson said.
Cryptocurrency lawyer sues U.S. authorities to reveal Satoshi Nakamoto's identity
According to Cryptoslate, well-known crypto attorney James Murphy (@MetaLawMan) has filed a lawsuit against the U.S. Department of Homeland Security (DHS) under the Freedom of Information Act (FOIA). A lawsuit has been filed against the U.S. Department of Homeland Security (DHS) under the Freedom of Information Act (FOIA). The legal lawsuit filed on April 7 aims to expose the identity information of Satoshi Nakamoto, the mysterious founder of Bitcoin, that the US government may have. Murphy said the lawsuit was caused by a speech at a financial intelligence conference in 2019. At the meeting, a Department of Homeland Security officials claimed that Satoshi Nakamoto had identified his identity and interviewed him in California, when three other Bitcoin developers were present. Murphy is now trying to obtain relevant internal documents, emails and notes from the Department of Homeland Security to verify whether the interview is true. He believes that if the interview actually happens, written records will be left, and the lawsuit intends to make these records public. Meanwhile, Murphy called on Secretary of Homeland Security Christy Noem to voluntarily disclose information. If the Department of Homeland Security refuses, he says he will insist on the lawsuit until the truth is revealed.
Trump further relaxes regulation of digital assets
According to Fortune, the U.S. Department of Justice notified employees on Monday night that the agency is disbanding a department dedicated to cryptocurrency-related investigations. In a four-page memorandum viewed by Fortune magazine, U.S. Deputy Attorney General Todd Blanche announced the decision, saying: "The Department of Justice is not a digital asset regulator. However, the last administration used the Department of Justice to implement a strategy of reckless supervision through prosecution." Blanche is the Department of Justice No. 2 official and defense attorney during Trump's 2024 criminal trial. He wrote that the National Cryptocurrency Law Enforcement Unit (NCET) was “immediately” dissolved as part of the Justice Department’s efforts to comply with Trump’s executive order on digital assets, which aims to “build regulatory clarity for the industry.” As part of Monday’s memo, Blanche directed Justice Department employees to focus on “prosecution of those who violate digital assets investors” rather than holding cryptocurrency exchanges, mixers like “Tornado Cash” and “offline wallets.”
Bernstein analyst: Bitcoin showed amazing resistance to decline during the tariff issue
According to The Block, although the recent tariffs imposed by US President Trump have caused severe turmoil in both cryptocurrencies and traditional markets, analysts at Bernstein pointed out that "Bitcoin has shown amazing resistance to declines." Through historical data comparison, analysts have observed that in previous crises (such as market panic caused by the new crown epidemic, interest rate shocks, etc.), Bitcoin prices usually experience a deep pullback of 50% to 70%. "And the current decline of only 26% suggests that Bitcoin demand is coming from more resilient capital," they wrote in a research note sent to The Block on Tuesday. Analysts believe that Bitcoin price, as a leading indicator of risk appetite, does not weaken its long-term excess return potential as a store of value in the digital field. "In our opinion, Bitcoin is gradually evolving into a probabilistic 'digital gold' over the long river of time," the report said, adding that its trading characteristics "have higher volatility and better liquidity than gold."
According to the Daily Economic News, South Korea's daily cryptocurrency trading volume surged by nearly 400% after false news caused the price of mainstream cryptocurrencies to rise by 9%. The false report said that U.S. President Donald Trump is considering a suspension of tariff measures. According to CoinGecko data, on April 7, the 24-hour trading volume of South Korea's five crypto exchanges reached 6.78 billion won (about 4.58 million US dollars), the highest since March 4, an increase of 368% from 1.45 billion won (about 980,000 US dollars) on April 5.
PancakeSwap shares the proposal for CAKE Token Economics 3.0 on the X platform, which mainly includes: 1. Achieve annual deflation of about 4% (a CAKE supply decreases by 20% by 2030); 2. Abolish CAKE staking, veCAKE, weight voting (Gauges Voting) and the revenue sharing mechanism to achieve true CAKE ownership; 3. Reduce CAKE emissions (daily emissions dropped from about 40,000 CAKE to 22,500 CAKE to support deflation) and build a more efficient ecosystem.
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