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4/19
08:09
Svmuu News According to ABC News on the 19th, US President Trump stated that Iran has "seriously violated" the ceasefire, but he still believes a peace agreement can be reached with Iran. "It will happen. Anyway. Either it's easy, or it's hard. It will happen anyway. You can quote me on that." (Xinhua News Agency)
07:43
Svmuu News On April 18, Kyrgyzstan President Sadyr Japarov held a productive meeting with Justin Sun, founder of TRON, in the capital city of Bishkek. The two sides reached broad consensus on the implementation of TRON infrastructure in Kyrgyzstan, the ecological expansion of the national stablecoin KGST, and in-depth cooperation in the fields of AI and blockchain.
President Japarov stated that Kyrgyzstan aims to become a regional hub for virtual assets and Web3 technology in Central Asia. Justin Sun expressed that comprehensive strategic support will be provided, covering multiple specific proposals including joint research and development of sovereign large language models, construction of cryptocurrency exchanges, digital banking services, and the establishment of hydroelectricity-powered data centers.
07:42
Svmuu News According to ABC News: Trump said Iran seriously violated the ceasefire agreement; still believes a peace deal can be reached with Iran. (Jin10)
07:25
1. Turkish Foreign Minister: Both the US and Iran have the will to continue dialogue, but some differences remain;
2. Polymarket account "greenrooibos" transferred 978,000 ZRO to Binance, incurring a loss of $470,000;
3. BitGo custody wallet transferred 8.253 million TRUMP to OKX;
4. Iranian Parliament Speaker: Prepared for both diplomatic and military confrontation;
5. Pakistani source: US-Iran negotiations may be held before Friday;
6. Justin Sun deposited $125 million worth of ETH withdrawn from Aave into Spark;
7. 0xSun: News-driven trading still holds an advantage, currently leaning towards long BTC to hedge short altcoins;
8. Chinese Meme coins collectively corrected, Binance Ren Sheng fell over 26%, Wo Ta Ma Lai Le fell over 40%.
07:02
Svmuu News According to Iran's Tasnim News Agency: Iranian armed forces prevented two oil tankers from passing through the Strait of Hormuz on Sunday. (Jin10)
06:57
Svmuu News Alcoa is reportedly close to finalizing a deal to sell its long-idled Massena East aluminum smelter in New York to bitcoin mining firm NYDIG. Company CEO Bill Oplinger stated that the transaction is expected to be completed by mid-year.

The smelter, which was shut down in 2014 due to rising energy costs and increased global competition, boasts well-established infrastructure including substations, transmission lines, and high-capacity grid access, making it highly attractive to bitcoin mining and data center operators. Furthermore, the site has access to hydropower resources provided by the New York Power Authority, which helps reduce energy costs and enhance its low-carbon profile.

This move comes as the trend of converting U.S. industrial sites into digital infrastructure gains momentum. Previously, Century Aluminum sold its Hawesville smelter in Kentucky to TeraWulf for $200 million, with plans to repurpose it into a high-performance computing and AI data center.

Concurrently, NYDIG continues to expand its bitcoin mining footprint and already holds a stake in mining firm Coinmint. As mining profitability faces pressure, several mining companies, including MARA, Hive, and Hut 8, are accelerating their pivot towards AI and cloud computing infrastructure. (Cointelegraph)
06:49
According to a post by Lido, the Lido Earn team is aware of the developments regarding the Kelp DAO exploit, and earnETH has exposure to rsETH. As a precautionary measure, additional deposits to earnETH have been paused while the situation is being assessed with relevant partners. More details will be announced later.
06:39
Svmuu News Turkish Foreign Minister: Both the US and Iran are willing to continue dialogue. Negotiations between Iran and the US are largely complete, but some differences remain, requiring an extension of the ceasefire. (Jin10)
06:24
Svmuu News According to on-chain analyst Yu Jin's monitoring, LayerZero, the cross-chain bridge exploited by hackers in the rsETH vulnerability incident, saw its token ZRO drop 18% today, falling from $1.9 to $1.5.
An address with the Polymarket account name greenrooibos transferred 978,000 ZRO (worth $1.57 million) to Binance 10 minutes ago, resulting in a loss of $470,000. These ZRO were withdrawn from Binance two weeks ago, when they were worth $2.04 million.
05:55
Svmuu News: According to on-chain analyst Yu Jian's monitoring, 10 minutes ago, 8.253 million TRUMP (worth $23.44 million) was transferred from a BitGo custody wallet to OKX. Tracing back, these TRUMP originated from a team wallet transfer two months ago.
05:32
Svmuu News, Spark's strategy lead monetsupply.eth posted on X, stating that as the stablecoin market begins to face a liquidity shortage, the situation is entering a more dangerous phase, in my opinion. Approximately 16.5% of the ETH market is backed by rsETH. If losses on rsETH-backed loans are shared across the mainnet and external chains, they could face a 10% to 15% cut in emode, with the remaining 2% to 3% cut left for ETH suppliers to flatten the umbrella structure. ETH suppliers naturally tend to exit as soon as possible to avoid this risk, so utilization is locked at 100%, and the borrowing rate is insufficient to incentivize the repayment of unrelated LST loops (wstETH, weETH) to release liquidity. Since ETH cannot be withdrawn, users who borrowed stablecoins like USDT using ETH as collateral cannot close their positions even when stablecoin borrowing rates rise, which cuts off the typical incentive mechanisms that maintain market health. Currently, there are two unhealthy incentives causing market utilization to be locked at 100%:
1) ETH holders cannot close positions to maintain a healthy LTV, and liquidators cannot atomically withdraw or sell collateral. A drop in the ETHUSD price could lead to bad debt.
2) Users supplying USDT, in order to exit their holdings, tend to maximize borrowing of other stablecoins. This position is currently generating positive yield (temporarily), so the exit cost is low; if conditions worsen, they can recover at least 75% of the position's value.
The bottom line is that for these pooled/restaking lending markets to function properly, liquidity must be maintained at all costs. The recent weakening of the slope2 for Aave's maximum borrowing rate is having a negative impact and significantly increasing the risk of cascading market failure.
05:17
Svmuu According to a report from Iran's Tasnim News Agency on the 19th, Mohammad Bagher Ghalibaf, Speaker of the Iranian Parliament, stated that Tehran is actively engaging in diplomatic activities on one hand, while also being prepared for military confrontation on the other. He emphasized that Iran does not trust its adversaries and is prepared for any potential war. (Xinhua News Agency)
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.

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