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4/3
20:39
Svmuu News According to monitoring by crypto analyst EmberCN, following a security incident involving approximately $285 million at Drift Protocol, FTX/Alameda sold 6.94 million DRIFT tokens via Wintermute 6 hours ago, worth about $320,000.
Data shows that Alameda, as an investor, previously received approximately 8.33 million DRIFT tokens through vesting unlocks, valued at around $6.22 million at the time. Their current value has now dropped to approximately $380,000.
20:08
Svmuu News According to monitoring by crypto analyst Ai Yi @ai_9684xtpa, three addresses associated with Chainlink's non-circulating supply have cumulatively transferred 2.5 million LINK to Binance over the past 4 hours, valued at approximately $21.65 million.
20:04
Svmuu News Three sources stated that U.S. intelligence agencies have warned that Iran is unlikely to relax its control over the Strait of Hormuz in the near future. (Jin10)
18:28
Svmuu News Leap Wallet, a non-custodial wallet within the Cosmos ecosystem, has announced it will cease operations, with plans to fully shut down its products and services on May 28.
The shutdown encompasses the browser extension, iOS and Android mobile applications, web applications, the Swapfast trading feature, and the Cosmos Hub validator service.
Leap was initially launched in 2021 with funding from Terraform Labs. Following the collapse of the Terra ecosystem, it pivoted to become a multi-chain wallet, supporting over 100 blockchain networks.
The team has reminded users that if they have delegated ATOM to Leap's validator node, they should re-delegate to other nodes as soon as possible to avoid interruptions in staking rewards and to account for the unbonding period.
The project team stated that despite closing the product, they remain optimistic about the long-term development of the crypto industry and the cross-chain ecosystem.
18:26
Svmuu News: DeFi lending protocol HypurrFi has issued a security warning, stating that its website domain has been compromised and is investigating a potential domain hijacking incident.
The project team explicitly stated: "Do not use the hypurr.fi domain," and reminded users to avoid interacting with the platform until further notice. The team also emphasized that user funds are currently not at risk, and official social media channels remain under their control.
HypurrFi operates on HyperEVM, with a total value locked of approximately $30 million.
Analysis points out that domain hijacking is one of the common attack methods in the crypto industry. Attackers typically gain control of the front-end page to implant malicious code or wallet-draining programs. Even if the underlying smart contracts themselves are secure, users may still face asset risks.
18:24
Svmuu News JPMorgan analysis indicates that digital asset fund flows in the first quarter of 2026 were approximately $11 billion, only about one-third of the level seen in the same period last year, signaling a significant slowdown in market momentum.
Annualized at the current pace, full-year fund flows could be around $44 billion, far below the historical peak of approximately $130 billion in 2025.
In terms of fund structure, the main sources of inflows this quarter were corporate balance sheet allocations (particularly from companies like Strategy continuing to buy Bitcoin) and crypto venture capital funds, while participation from traditional investors (including institutions and retail) has noticeably declined.
Furthermore, weakening CME Bitcoin futures positions reflect a shift to negative institutional demand; spot Bitcoin and Ethereum ETFs experienced outflows in January, and despite some inflows returning in March, the overall trend remains weak.
The analysis suggests that the current market exhibits a structural characteristic of being "dominated by a few large funds," rather than a broad-based return of capital.
12:48
Svmuu News Oxford Economics stated that the March employment figures in the United States significantly overestimated the strength of the pre-war labor market, as the data also reflected declines in both the labor force and household employment. As the Iran war impacts actual economic activity, employment growth will slow. The war's effect on inflation is immediate, but the negative impacts on consumer spending, business investment, and hiring will become more apparent in the coming months. Oxford Economics' baseline forecast remains that the Federal Reserve will overlook the one-time shock from rising oil prices this year and cut rates twice to guard against any potential future weakness in the labor market. (Jin10)
12:15
Svmuu News The economy no longer needs to create as many jobs as before to maintain the same proportion of the population employed. In this environment, monthly hiring data is no longer the most accurate reflection of the labor market's health. The unemployment rate might be a better measure. She stated: "Ratios and metrics such as the employment-to-population ratio, unemployment rate, quit rate, or hiring rate can reflect changes in the size of the labor force, thereby providing a clearer picture of the labor market's health." (Jin10)
12:12
Svmuu News After the release of the non-farm payroll data, Fed's Daly stated that zero or negative job growth does not necessarily indicate economic weakness, and a slowdown in labor force growth means a slowdown in job creation. (Jin10)
12:02
Svmuu News An Israeli official and another informed source revealed to Axios that one of the two crew members from a US fighter jet downed over Iran has been located and successfully rescued by US special forces, while the other is still being searched for. Iranian authorities are also searching for the two crew members and have called on local civilians to assist in the search. This marks the first time a US military aircraft has been downed by enemy fire since the start of the war. Sources stated that both crew members successfully ejected after the F-15 fighter jet was struck by Iranian fire. US special forces have located one of the crew members within Iranian territory and rescued him alive. (Jin10)
11:40
Svmuu News The United States has doubled its commitment to provide reinsurance guarantees for vessels willing to transit the Strait of Hormuz to $40 billion, and has introduced new insurance partners including American International Group and Berkshire Hathaway. The U.S. International Development Finance Corporation (DFC) announced a $20 billion reinsurance program last month. The agency stated today that Travelers Insurance, Liberty Mutual Insurance, Berkshire Hathaway, American International Group, Starr, and CNA will join Chubb Insurance in providing an additional $20 billion in reinsurance support for its maritime facilities.
In a statement, DFC CEO Ben Black said, "These leading U.S. insurers bring deep underwriting expertise in marine and war risk insurance, enhancing our efforts to restore confidence in maritime trade." The agency also stated that it will work with its insurance partners to determine which vessels qualify for reinsurance. To be eligible, applicants must provide information including the vessel's origin and destination, the primary beneficial owner and their location, the cargo owner and their location, and details of the lender financing the vessel. (Jin10)
11:34
Svmuu News Corporate Bitcoin treasury companies are diverging under sustained market pressure: Strategy is holding its massive BTC reserves steady, while Nakamoto Holdings is selling Bitcoin at a loss to adjust its balance sheet.
Nakamoto Holdings sold approximately 284 Bitcoin (at a unit price of around $70,400) in March this year, below its historical cost, raising about $20 million in total for operational funds and M&A-related investments. The company's BTC holdings have decreased to just over 5,000, accompanied by a reduction in its equity stake in the Japanese company Metaplanet, reflecting the asset restructuring of digital asset treasury companies under pressure. In contrast, while Strategy has paused purchases, it still holds approximately 762,000 BTC, maintaining its position as the corporate entity with the largest Bitcoin holdings, indicating that some companies still view BTC as a long-term reserve asset.
Furthermore, New Hampshire's proposed issuance of Bitcoin-backed municipal bonds has received a Moody's Ba2 speculative-grade rating. The issuance is expected to raise $100 million for public infrastructure construction, representing an attempt to combine digital assets with public financing. Meanwhile, digital asset management firm CoinShares has listed on Nasdaq following a merger with SPAC Vine Hill Capital, providing public market investors with access to crypto asset products and infrastructure and further advancing the development of crypto companies in the US public listing market. (Cointelegraph)
11:32
Svmuu News Charles Schwab announced it will launch the "Schwab Crypto" trading account, supporting users in directly trading Bitcoin and Ethereum. This account is built and provided by Charles Schwab Premier Bank, SSB's proprietary system and is available nationwide in the US, except for New York and Louisiana.
Charles Schwab had previously stated it would offer Bitcoin and Ethereum trading services in early 2026. (Crowdfundinsider)
11:26
Svmuu News Lydia Boussour, Senior Economist at EY-Parthenon, stated that despite the strong rebound in U.S. employment data for March, the labor market remains fragile. She believes that in the context of an uncertain policy environment, businesses have become more cautious, their willingness to hire is cooling, and companies are increasingly inclined to protect profit margins and respond by boosting productivity rather than expanding employment. "Looking ahead, we expect the labor market in 2026 to be largely frozen, characterized by selective hiring, limited wage growth, and strategic workforce adjustments while labor supply remains historically tight." Boussour anticipates that employment growth will be slightly below the breakeven level, and the unemployment rate will gradually rise to around 4.7%. "Given the ongoing conflicts in the Middle East, downside risks dominate, with a 40% probability of economic recession," she added. (Jin10)
11:01
Svmuu News: According to market sources, Stephanie Cutter, former campaign manager for U.S. President Barack Obama, has joined prediction market platform Kalshi as a policy advisor. Analysis suggests this move indicates Kalshi is strengthening its regulatory and policy positioning to navigate the increasingly stringent regulatory environment in the U.S. surrounding event contracts and prediction markets.
10:41
Svmuu News Trump's budget projects real GDP growth of 3.1% in fiscal year 2027, expects CPI to rise by 2.3% in fiscal year 2027. Trump's budget proposes $20.8 billion in discretionary budget authority for the U.S. Department of Agriculture, a reduction of $4.9 billion from the fiscal year 2026 level, representing a 19% decrease. (Jin10)
10:24
According to Lookonchain monitoring, Circle has newly minted 750 million USDC daily over the past 4 days, resulting in a total mint of 3 billion USDC.
10:23
Svmuu News U.S. officials and Iranian state media said on Friday that Iran shot down a U.S. military fighter jet over its territory. The official stated that the fate of the aircraft's crew is still unclear, and U.S. officials are racing against time to conduct search and rescue operations in an effort to act before Iran finds any survivors. (Jin10)
10:21
Svmuu News President Trump released an outline of the fiscal year 2027 budget proposal on Friday, planning to request $1.5 trillion in defense spending, a figure that stands as the largest in modern history. This preliminary plan did not disclose many key details, including the overall expenditure scale and long-term revenue projections. According to this military spending proposal, the next fiscal year will allocate $1.1 trillion to the U.S. Department of Defense, with an additional $350 billion allocated for critical ammunition procurement, expansion of the defense industrial base, and other related matters. As early as January of this year, before the U.S. launched a large-scale strike against Iran, Trump had already committed to proposing a $1.5 trillion defense budget request.
This budget also provides funding for some new government initiatives, including allocating $30 million to support the newly established National Fraud Investigation Bureau led by Vice President JD Vance, and arranging $10 billion in mandatory funding to establish the Presidential Capital Management Program within the National Park Service for construction and beautification projects in Washington, D.C. (Jin10)
10:16
Svmuu News According to Lookonchain monitoring, U.S. Bitcoin ETFs recorded a net outflow of 21 BTC today, Ethereum ETFs had a net outflow of 15,212 ETH, and Solana ETFs saw a net inflow of 15,735 SOL.
10:11
Svmuu News Capital Economics' Stephen Brown stated that the stronger-than-expected rebound in March non-farm payrolls primarily reflects the end of strikes in the healthcare sector and weather-related hiring disruptions in February, rather than a signal of rapid labor market recovery. He noted: "While rising oil prices may ultimately support employment in the mining sector, the more immediate risk is that reduced consumer purchasing power will dampen demand, thereby affecting hiring in the short term." On the other hand, the information sector declined again, and employment in financial services also fell, further confirming the trend of artificial intelligence suppressing hiring in certain industries. Notably, the professional services sector added only 2,000 new positions, while computer systems design jobs decreased by 13,200. (Jin10)
10:01
Svmuu News According to the official announcement, CoinSafe Contracts will automatically close and settle the OLUSDT, HIPPOUSDT, RLSUSDT, and PUFFERUSDT perpetual contracts on April 8, 2026 at 09:00 (UTC), as well as the WIFUSD and WLDUSD perpetual contracts on April 9, 2026 at 09:00 (UTC) and subsequently taken off the shelves. Users are required to close their positions before the corresponding time.
09:55
Svmuu News Offchain Labs co-founder Edward Felten stated at EthCC 2026 that Ethereum Layer 2 (L2) networks need to introduce "responsive pricing" to support billions of users and reduce the volatility in transaction fees caused by network congestion.
Felten pointed out that although EIP-1559 reformed the fee mechanism, current Gas price fluctuations remain the primary means of preventing network overload, and this volatility is detrimental to mainstream user adoption. Responsive pricing could process more transactions at lower Gas prices without exceeding the network's capacity.
Unstable transaction fees have long been considered a key obstacle to mass adoption, especially when compared to the more predictable cost structures in traditional financial systems. The industry's focus has shifted from simply increasing throughput to how to make fees more predictable while accurately reflecting congestion costs. Notably, Arbitrum One took the lead in introducing a dynamic pricing mechanism in January of this year, serving as an initial practical exploration in balancing fee stability with network security. (Cointelegraph)
09:50
Svmuu An independent Bitcoin miner using CKPool for solo mining successfully mined block #943,411 on Thursday, receiving a reward of approximately 3.139 BTC (including block subsidy and transaction fees), which is worth about $210,000 at current prices. Statistics show that solo mining remains a low-probability event. Over the past 12 months, solo mining pools have only mined 20 blocks, totaling about 62.96 BTC, with an average "win" occurring roughly every 18.7 days. The longest interval was 58 days, with the last recorded instance being on February 28.
This block was mined amidst intensifying mining competition. The Bitcoin network difficulty recently saw its largest downward adjustment since February (approximately -7.7%), followed by a roughly 3.87% increase within 24 hours. This reflects a temporary weakening of hashrate, which also briefly increased miners' probability of finding a block. (Cointelegraph)
09:46
Svmuu News The U.S. March S&P Global Services PMI Final was 49.8, expected 51.1, previous 51.1.
The U.S. March S&P Global Composite PMI Final was 50.3, expected 51.4, previous 51.4. (Jin10)
09:43
Svmuu News: Jerry Tempelman, Vice President of Economic and Fixed Income Research at Mutual of America Capital Management, stated: The market is focused on the March non-farm payrolls report to verify the stability of the labor market. Today's addition of 178,000 jobs helps alleviate concerns, while the slight change in the unemployment rate to 4.3% is not yet sufficient to trigger immediate attention. However, the slowdown characterized by "low hiring, low layoffs" cannot be ignored. Regardless of how surprising last month's data was, the Federal Reserve's decision to maintain interest rates was well within market expectations. This outcome reflects policymakers' ongoing caution in balancing the short-term shocks felt across the economy with long-term economic stability. (Jin10)
09:39
According to the latest data from Gate, the latest quote for BVIX (BTC Volatility Index) is 49.18, representing an intraday decline of 7.56%. The latest quote for EVIX (ETH Volatility Index) is 69.80, representing an intraday decline of 5.50%.
In the foreign exchange market, the US Dollar against Offshore Chinese Yuan (USD/CNH) fell 0.05% intraday, with the current exchange rate at 6.88414. The US Dollar against Japanese Yen (USD/JPY) fell 0.02% intraday, with the current exchange rate at 159.554.
Gate supports users in directly trading traditional financial market products within the platform, offering one-stop coverage of multiple asset classes including precious metals, forex, global stock CFDs, major indices, and commodities, achieving deep integration of crypto assets and traditional financial assets. Gate's TradFi-related features are fully integrated into the Gate App and Web platform. Users can conveniently participate in global asset price trading without switching platforms, unlocking more strategies and opportunities beyond the crypto market, and continuously enhancing the diversified asset allocation experience.
09:34
Svmuu News: Zachary Griffiths, Head of Investment Grade Credit at Creditsights, stated: The data is subject to further downward revisions; February saw a reduction of 133,000, indicating significant volatility and frequent revisions in the data, which are typically revised again during annual reviews. Therefore, it's difficult to derive a clear signal from the net data of the past few months. As for the Fed's policy based on this data, the threshold for any policy adjustment is currently very high. I believe they might be in a wait-and-see mode, especially given that we have seen employment data significantly exceed expectations, far surpassing the Fed's discussions on the breakeven level corresponding to the unemployment rate. Consequently, we believe the threshold for a rate hike is higher than that for a cut, but policy is likely to remain unchanged for the foreseeable future, and today's report undoubtedly reinforces this view. (Jin10)
09:32
According to an official announcement, to expand trading options and enhance user experience, Binance Futures will launch the MUUSDT stock perpetual contract at 13:30 (UTC) on April 7, 2026, followed by the SNDKUSDT stock perpetual contract at 13:40 (UTC). Both contracts support up to 10x leverage, are settled in USDT, offer 7x24 hour trading, and support multi-asset mode.
09:22
Svmuu News On-chain investigator ZachXBT released the "Circle Inaction Archive" on platform X, disclosing that stablecoin issuer Circle failed to timely freeze funds involved in multiple major security incidents. These cases include Drift Protocol (April 2026, loss of $280 million), SwapNet (January 2026, loss of $16 million), Cetus Protocol (May 2025, loss of $223 million), among others. Furthermore, similar delays or failures to execute freezes were observed in incidents involving Mango Markets, Nomad Bridge, the Ledger supply chain attack, and GMX.
In contrast, peers such as Tether and Paxos responded more swiftly in some cases. ZachXBT pointed out that despite Circle possessing freeze and blacklist capabilities and being subject to US regulation, it has still been slow to respond under multiple law enforcement and industry requests, leading to significant fund losses. He emphasized that the related statistics only cover publicly known major incidents, and the actual scale might be higher. He also questioned who Circle's compliance enforcement actually serves in practice.

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