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4/19
05:05
According to official news, since the subscription for the first project preSPAX on Bitget IPO Prime opened at 14:00 (UTC+8) yesterday, the cumulative number of participants has reached 7,649, and the total subscription amount has exceeded $100,071,646. For more details, please refer to the official Bitget platform.
05:04
According to official news, Gate has now launched ASTEROID perpetual contract trading (USDT-settled), supporting 1-20x leverage.
04:51
According to Al Jazeera, two Pakistani security sources indicated that negotiations between the United States and Iran are highly likely to take place before Friday. The sources stated that their assessment is based on the following factors: Two US heavy transport aircraft (C-17 Globemaster III) have landed at Nur Khan Air Base in Rawalpindi. The base is located near Pakistan's capital, Islamabad. Furthermore, roads from the airport to the Red Zone in Islamabad have been temporarily closed, indicating heightened security measures. Finally, the sources mentioned that the Serena Hotel and the Marriott Hotel in Islamabad are clearing out guests and are not accepting new reservations until Friday. The Serena Hotel was the venue for the first round of US-Iran talks on April 11. (Jin10)
04:24
According to on-chain analyst Yu Jin, the 53,660 ETH ($125 million) that Justin Sun urgently withdrew from Aave in the early hours has been deposited into Spark half an hour ago. Currently, the majority of Justin Sun's on-chain funds, amounting to $2.13 billion, are stored in Sky and Spark, with $380 million remaining in Aave.
03:55
Svmuu News: The Ethereum Community Hub, supported by the Ethereum Foundation, has announced it will be held in Hong Kong at 1:30 PM on April 21st. ETH HK HUB is Asia's first offline Ethereum community Hub, supported by the Ethereum Foundation and jointly operated by SNZ and ETHTAO, aiming to build a collaborative hub connecting Asia with the global Ethereum ecosystem. The event will cover areas including: ZK, privacy computing, AI × blockchain, stablecoins and payments, on-chain liquidity, and more.
Participating institutions and projects include Sharplink, Brevis, Primus, HashKey Chain, Chainlink Labs, Lido Finance, Galaxy Digital, SignalPlus, Morpho, Animoca Brands, EVG, Zand Bank, Pay Protocol, and others. Guests include Vitalik Buterin, Aya Miyaguchi, and more.
03:23
According to OKX market data, ETH has fallen below 2,300 USDT and is currently trading at 2,299.68 USDT, marking a 24-hour decline of 4.55%.
03:22
Svmuu News According to OKX market data, BTC has fallen below 75,000 USDT and is currently trading at 74,973.2 USDT, with a 24-hour decline of 2.73%.
03:08
Svmuu News Trader 0xSun posted stating that news-driven trading remains one of the more cost-effective strategies in the current crypto market, with its core lying in the directionality and volatility brought by events.
Reviewing several recent events, including abnormal ETH transactions, Arc fee adjustments, TAO ecosystem changes, RAVE-related investigations, and the KelpDAO security incident, all triggered significant price fluctuations within a short period. He believes that participating in such opportunities relies on either the speed of information acquisition or the ability to judge the impact of events.
Furthermore, he indicated that as the recent altcoin market has gradually cooled down, he has resumed the strategy of going long on BTC while hedging by shorting some altcoin assets. He believes that against the backdrop of relatively weak liquidity and the fading of certain narratives, the overall performance of altcoins may face relatively more pressure.
02:20
Svmuu News: 带带带比特 stated in a post that the cryptocurrency market inherently features high volatility and immaturity, with manipulative behaviors and speculative attributes coexisting over the long term. Participants need to bear the corresponding risks themselves.
He pointed out that market capital often shifts repeatedly among highly volatile assets, and although some projects are controversial, they continue to attract attention and trading volume. At the same time, he believes that regulation and market clearing will impact the market structure but may also alter the current ecosystem landscape.
02:17
Svmuu News According to data from GMGN, the Chinese Meme coin sector has experienced a general correction. Binance Life's market cap has dropped over 26%, currently reported at $390 million; I'm Coming has dropped over 40%, currently reported at $10.05 million; Lobster has dropped over 30%, currently reported at $8.3 million; Co-Build has dropped over 36%, currently reported at $3.4 million.
Svmuu reminds users that Meme coin prices are highly volatile, and investors should be aware of the risks.
01:30
1. ASTEROID market cap breaks new high, surpassing $170 million;
2. Iran's Deputy Foreign Minister: Will never hand over enriched uranium to the United States;
3. Kelp: Has suspended the rsETH contract on the mainnet and multiple L2s and launched an investigation into the attack incident;
4. RAVE falls below $1, dropping over 96% intraday;
5. Spark Strategic Lead: rsETH security incident risk spillover intensifies, DeFi market may face cascading liquidation crisis;
6. Aave TVL drops to $21.966 billion, a single-day decrease of 16.78%;
7. etherFi: Has suspended LayerZero bridging and frozen multiple asset deposits/withdrawals, not directly exposed to rsETH risk for now;
8. Curve Founder: KelpDAO attack leads to Aave bad debt, exposes risks of non-isolated lending;
9. Lido: Due to the Kelp security incident, earnETH deposits have been suspended, stETH and staking protocols remain unaffected;
10. Andre Cronje: Aave has no subsidized user loss mechanism, has withdrawn ETH to the treasury management wrapper contract;
11. ACI Founder terminates Frontier staking plan, transfers ETH to Aave DAO for risk response.
01:27
Svmuu According to The Wall Street Journal, US President Donald Trump seems to have lost his "spirit of adventure," while his sense of fear is growing. Previously, in the nearly empty West Wing of the White House, shortly after learning that a US fighter jet had been shot down in Iran and two pilots were missing, Trump raged at his aides for hours. He repeatedly said, "The Europeans were of no help at all." According to people who spoke with him, images of the 1979 Iran hostage crisis have been lingering in his mind. After the American pilots were rescued, the swaggering president made a desperate gamble, attempting to undermine Iran's most powerful leverage—control over the Strait of Hormuz. At the time, Trump posted: "Open the Strait, you maniacs." The president, who has always relished creating dramatic scenes, applied his unorthodox and extreme style of operation to a war in an even more extreme manner. He alternated between adopting a bellicose posture and a conciliatory strategy, while simultaneously agonizing behind the scenes over just how bad the situation could get. He was afraid of ordering troops into dangerous areas, leading to some being injured and some not returning home, similar to other presidents who have experienced war. (Jin10)
01:07
According to data from GMGN, the Ethereum-based Meme coin ASTEROID has broken through a new high with its market cap exceeding $170 million. It is currently reported at $166 million, representing an intraday increase of over 900%.
Svmuu reminds users that Meme coins are subject to significant price volatility; investors are advised to be aware of the risks.
00:42
Svmuu News According to Iranian media reports, Iranian Deputy Foreign Minister Saeed Khatibzadeh stated on the 18th that Iran will never hand over its domestically enriched uranium to the United States. Khatibzadeh refuted previous statements made by U.S. President Trump regarding enriched uranium. He said that Iran is willing to communicate on issues of mutual concern but absolutely does not accept unrealistic preconditions, and "no enriched material will be shipped to the United States." Khatibzadeh added that due to the U.S. refusal to abandon its position of "maximum pressure" on key issues, Iran is currently not prepared to engage in a new round of face-to-face negotiations with the United States. (Xinhua News Agency)
00:35
Svmuu News According to OKX market data, RAVE briefly fell below $1 and is currently trading at $0.98, with an intraday decline exceeding 96%.
00:09
Svmuu News Spark Protocol's Strategic Lead, monetsupply.eth, posted on platform X stating that as stablecoin market liquidity begins to tighten, the current rsETH security incident may be entering a more dangerous phase. Approximately 16.5% of the ETH market is supported by rsETH. If related losses are evenly distributed across the mainnet and cross-chain environments, rsETH-collateralized loans could face a 10%-15% discount under eMode. Even after risk buffers are depleted, ETH depositors may still bear 2%-3% of residual losses. Under this expectation, ETH providers tend to exit as soon as possible, leading to market utilization being locked at 100%, while borrowing rates are insufficient to incentivize leveraged positions like wstETH and weETH to actively deleverage and release liquidity. At the same time, since ETH cannot be withdrawn, users who borrowed stablecoins like USDT using ETH as collateral also find it difficult to close their positions promptly. Even as stablecoin lending rates rise, the market's original incentive mechanisms have been broken.
monetsupply.eth further pointed out that in the "locked" state of 100% utilization, the DeFi market may face a cascading liquidation crisis and exhibit two major distorted incentives: First, ETH holders cannot adjust their health collateral ratios, and liquidators cannot withdraw and sell the collateral assets. If the ETH price falls, bad debt could accumulate rapidly. Second, stablecoin depositors, on the contrary, have an incentive to achieve a "de facto exit" by lending out other stablecoins. While positive returns are still available, they can lock in approximately 75% capital recovery space at a lower cost. For lending markets reliant on liquidity pools and re-collateralization, liquidity must be prioritized. The recent reduction of the maximum borrowing rate (slope2) cap by Aave is weakening deleveraging incentives, significantly increasing the risk of chain failures in the market.
4/18
23:48
According to data from DefiLlama, influenced by security incidents related to KelpDAO, some funds have been withdrawn from Aave, causing its TVL to drop to $21.966 billion, a decrease of 16.78% from the previous day's $26.396 billion.
23:45
Svmuu News etherFi posted on platform X stating that its Liquid Vault currently has no direct exposure to the Kelp rsETH incident risk. However, as a precautionary measure, it has now suspended the LayerZero cross-chain bridging functionality for weETH and eETH until the root cause of the Kelp rsETH incident is clarified. Simultaneously, for the Liquid (ETH, BTC, USD), sETHFI, and eBTC products, the relevant Teller contracts have been paused to block the LayerZero OFT bridging pathway. The deposit and withdrawal functions for the related assets have also been suspended accordingly. The team is currently working closely with security partners and will provide timely updates once more details are confirmed.
22:38
According to data from GMGN, the market capitalization of ASTEROID briefly surged past $150 million and is currently reported at $146 million, representing a daily increase of over 550%.
Svmuu reminds users that Meme coin prices are highly volatile, and investors should be aware of the risks.
22:35
Svmuu News: Curve founder Michael Egorov stated that the KelpDAO attack resulted in approximately $292 million in losses and created bad debt on Aave, highlighting the potential risks of the current "non-isolated lending" model.
He pointed out that while this model offers good scalability, it carries high risks and requires enhanced risk management. He also mentioned that fully isolated or hybrid models could be viable alternatives, and believes the "hub and spoke" architecture proposed for Aave v4 may drive lending models towards greater security.

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