event

According to official news, Gate will launch a special celebration event for joint earnings from April 24 at 12:00 to May 13 at 12:00 (UTC+8), with a total prize pool of 1,000,000 USDT. During the event, users can open exclusive red envelopes and invite friends to register. After friends complete identity verification and designated tasks, both parties can share cash rewards, with a maximum of 100 USDT per instance. The more invitations sent, the more rewards earned, with no cap on individual earnings.In addition, Gate will launch the second phase of the weekend arena battle event from April 24 at 16:00 to April 27 at 16:00 (UTC+8), with a total prize pool of 3,348,000 PENGU. During the event, users who invite friends to register and complete a cumulative trading volume of ≥ 200 USDT will be considered valid invitations and unlock multiple rewards. The milestone rewards can be stacked up to a maximum of 7,800 PENGU, and there will also be a popularity ranking reward, with the top 3 able to share an additional 128,000 PENGU. Additionally, invited friends can receive a 260 PENGU newcomer reward after completing tasks.

Web3 asset data platform RootData released the seventh issue of the "Cryptocurrency Exchange Transparency Ranking (Stock Category)", continuing to focus on the growth trend of stock assets in cryptocurrency exchanges. In this issue, Binance, OKX, Bybit, Bitget, and Gate ranked in the top five.Among them, Bybit's ranking improved by 2 places, re-entering the top three, mainly due to Bybit listing 49 new stock contracts during the statistical period, making it the exchange with the most supported stocks currently. Bitget's ranking dropped by 2 places, with traffic decreasing by over 40%, which may be related to the rapid decline in traffic following the end of the SPAX subscription activity.As the market prices of cryptocurrencies like Bitcoin rise, the trading volume of exchanges generally increased by over 10% in this issue, with Kraken rising by over 20%, boosting its ranking to 6th place. Hotcoin, on the other hand, fell to 10th place due to a decrease in its transparency score.It is reported that RootData adheres to the principle of "transparency first" and has taken the lead in establishing a dual evaluation system of "transparency + liquidity" in the field of stock cryptocurrency exchanges, providing investors with more effective data references, and will continue to enhance and publish this ranking in the future.

Aave has released the latest developments regarding the rsETH security incident on platform X, disclosing that operations related to rsETH reserves have been suspended on the Ethereum mainnet and networks such as Arbitrum, Base, Mantle, and Linea, in order to prevent excess aETH rsETH from being withdrawn, thereby pushing the position closer to the 95% liquidation threshold.This measure aims to preserve as much capital as possible during the asset recovery plan process and reduce systemic risk. Aave stated that further developments and disposal plans will continue to be disclosed to the community.

AI laboratory Sooth Labs, founded by former Meta employees, is raising approximately $50 million in funding, led by Felicis Ventures, with a post-money valuation of about $335 million.The company plans to develop AI models to predict the likelihood of specific geopolitical events and market events, providing related capabilities to enterprises. Sooth Labs has also received support from Yann LeCun and Google Chief Scientist Jeff Dean, with Meta Chief Technology Officer Andrew Bosworth serving as an advisor.

The cryptocurrency trading platform Bybit has officially launched a USD1 trading series event in collaboration with WLFI, and has listed USD1 spot trading pairs for BTC, ETH, and USDC. The total prize pool for this event reaches 10 million WLFI.It is reported that the event is divided into several sections: from April 22 to May 6, users trading designated USD1 spot trading pairs on the Bybit main site can share a reward of 6 million WLFI; during the same period, users who complete at least 500 USD1 transactions on the Mantle chain via Bybit Alpha can share 1 million WLFI. Additionally, starting from May 6, the USDC/USD1 and USD1/USDT trading pairs will have zero trading fees, and the platform will also launch the Puzzle Hunt event, allowing users to share the remaining 3 million WLFI prize pool through check-ins, trading, and inviting friends.

The privacy protocol Umbra has shut down its hosted frontend website to prevent attackers from using the protocol to transfer stolen funds from recent security incidents.Umbra stated that approximately $800,000 had been transferred through its protocol, but the protocol is only used to hide the identity of the recipient, and the related transactions can still be tracked on-chain. This measure comes after the Kelp protocol was attacked, resulting in losses exceeding $280 million. Umbra stated that it will restore frontend services once it is confirmed that asset recovery efforts are not affected, but it cannot prevent users from continuing to use the protocol through smart contracts or self-hosted frontends.

Gate will hold the "Institutional Circle: Al Reshaping Crypto Liquidity & Market Access" institutional exchange event in Hong Kong, aimed at institutional participants, focusing on discussions related to "AI Reshaping Crypto Liquidity and Market Structure." The event will invite institutional founders and business leaders from the Asia-Pacific region to explore the direction of industry evolution from a practical perspective.On the day of the event, Addis Hu, Global Head of Institutions at Gate, will deliver the opening speech and a keynote address; Ethan Hui, Senior Regional Business Development Manager at AWS, and Chen Zhao, Executive Director of Digital Assets and CEO of FinChain, will also attend as special guests and give speeches.In addition, the event will include registration and gift distribution, free networking, and a dinner segment, providing attendees with opportunities for in-depth communication and resource connection, further promoting institutional collaboration and industry cooperation.

Pablo Hernandez de Cos, General Manager of the Bank for International Settlements (BIS), stated that global coordination on stablecoin regulation is crucial to prevent severe market fragmentation; otherwise, regulatory differences across jurisdictions could lead to regulatory arbitrage.He pointed out that stablecoins are typically pegged to the US dollar at a 1:1 ratio, which could undermine monetary and fiscal policy, trigger pressures in financial markets, and hinder efforts to combat illegal financing. Currently, the two major stablecoins issued by Tether and Circle account for about 85% of the global circulation of stablecoins, which is approximately $315 billion. He also mentioned that these two types of stablecoins are closer to securities rather than currencies in terms of redemption friction and operate more like ETFs.

Keone Hon from Monad Lianchuang stated: "I feel that the lending protocol for the liquidity pool should set rate limits on the supply of assets deposited as collateral. For example, if the current supply is 100 million and the supply cap is 300 million, then in the next 10 minutes, the maximum allowed increase should be to 110 million, rather than allowing a one-time deposit of the full 200 million. In reality, no one needs to complete such a large deposit all at once.This is important because when certain exotic assets are attacked, the impact depends on the scale of the exit channels for that asset. Especially in many cases where attacks belong to infinite issuance vulnerabilities, the scale of the exit that can be made essentially determines the upper limit of the attack losses. Lending protocols are often the largest exit channels. If a smart cap is introduced, where the initial cap is slightly above the current supply and is gradually adjusted to the real cap over several hours, it would have a huge effect. With such a mechanism, rsETH depositors could have avoided about 200 million dollars in losses.This also raises a point: the asset issuers themselves should support such mechanisms. If you are issuing redeemable tokens with redemption delays, you are not worried about hackers redeeming directly from you, but you need to compress the scale of external exit paths as much as possible without affecting normal users. Therefore, a high supply cap should be seen as a risk rather than a symbol of strength. For example, the Hyperbridge DOT attack did not result in a 100 million dollar loss because there were very few exit paths; the Resolv attack loss was 24 million dollars instead of 200 million dollars because the scale of the exit path limited the loss cap. This is an obvious principle, but there are still immediately actionable measures: audit the supply caps of all assets and lower the caps when unnecessary."

According to Onchain Lens monitoring, Kelp DAO lost approximately $294 million in the cross-chain bridge exploit incident.As a result, $ZRO dropped from $2 to $1.4. A whale holding a long position in $ZRO on HyperLiquid faced partial liquidation, resulting in a loss of $2.88 million. Currently, the whale still holds the position, with an unrealized loss exceeding $750,000, and a total loss of approximately $28.98 million.

According to Hong Kong Radio, the Hong Kong government has decided to stop promoting basketball gambling projects. The Secretary for Home Affairs and Youth Affairs, Mak Mei-juan, stated in an interview with this station that the information collected by the authorities shows that the "prediction market" has developed rapidly in recent years, with monthly trading volume increasing from less than $100 million two years ago to over $13 billion last year, of which nearly 40% of the transactions are related to sports. The authorities are concerned that if new gambling projects are promoted at this time, it will lead to greater public concern and even participation in illegal gambling in the "prediction market." Therefore, it is believed that research should be conducted first before deciding on the next steps, and the promotion of new gambling projects should be halted for now.Mak Mei-juan stated that the existing regulated gambling projects have established a more mature monitoring and management system, which can help control risks. However, due to the uncertainty of the "prediction market," as a responsible government, there is a need to conduct research to understand the impact of the "prediction market" and its prevalence in Hong Kong. She also mentioned that the government has always maintained close contact with the Hong Kong Jockey Club, as the club has a rigorous monitoring system to oversee illegal gambling situations, and there are experts specifically targeting the fight against illegal gambling. The government will cooperate with the Jockey Club to obtain professional advice, allowing the authorities to implement measures specifically aimed at illegal gambling.Mak Mei-juan reiterated that the government's consistent policy is not to encourage gambling, and betting on sports projects in the "prediction market" is considered illegal gambling. The authorities will strengthen public education to help citizens understand the harms of gambling and refrain from participating in illegal gambling.

According to DefiLlama data, the total locked value (TVL) of Plasma, a Layer 1 blockchain designed for global stablecoin payments, has reached $2 billion, with a weekly increase of 27% and a monthly increase of over 80%, rising to become the seventh largest blockchain. One of the key driving factors for this growth is that Plasma was selected as one of the first supported networks for Tether's self-custody wallet launched on April 14, alongside Ethereum and Arbitrum.This wallet supports USD₮, XAU₮, USA₮, and Bitcoin, allowing users to trade without holding a separate Gas token. According to CoinDesk, the driving factors behind the expansion of Plasma's TVL are not yet clear, but may be related to optimistic expectations regarding the potential approval of the U.S. CLARITY Act.

OKX will start the Pharos × OKX Wallet exclusive airdrop event on April 20, 2026, at 07:59. Users can participate in staking to receive airdrop rewards. Redemption will open on July 20, 2026, at 19:00, and the staked assets will be locked in the smart contract before the redemption opens.

According to official news, Gate will launch a 13th anniversary ETF special event from April 15 at 15:00 to May 27 at 15:00 (UTC+8), where users can unlock up to 13 times reward increase through trading check-ins and inviting friends, and participate in sharing a prize pool of up to 80,000 USDT.At the same time, Gate will launch the ETF Invite Friends Welcome Season event from April 14 at 12:00 to April 24 at 12:00 (UTC+8), where inviting friends to participate in ETF trading can earn up to 605 USDT per person.In addition, Gate will launch the TradFi Invite Friends Set Sail Program from April 16 at 12:00 to April 26 at 12:00 (UTC+8), covering account opening, trading, and leaderboard rewards, with a maximum of 2,400 USDT per person. Multiple activities will overlap, with invitations and trading working in tandem, and rewards continuously increasing.

Gate is hosting an F1 Red Bull Racing car display parade in Hong Kong, with the display cars appearing around Victoria Harbour and proceeding along a designated route, attracting market and public attention.This parade serves as an important offline action in the cross-industry collaboration between Gate and the F1 Red Bull Racing team, bringing top-tier racing culture into urban landmark scenes, enhancing brand exposure and discussion.From April 18 to 24, Gate will also launch the "Racing the Future" outdoor cross-industry exhibition at the K11 MUSEA waterfront promenade in Hong Kong, which will focus on showcasing Red Bull Racing cars and related equipment, as well as setting up interactive experience areas.As the official sponsor of the F1 Red Bull Racing team, this exhibition will be the first to showcase the brand new 2026 Red Bull Racing car and core equipment, introducing an immersive interactive experience area that recreates the fusion of top racing engineering and the aesthetics of speed.In addition, Gate will hold the "Gate 13 Blue Carpet Ceremony" on April 20, where the unveiling of the F1 Red Bull Racing display car and brand collaboration will take place. That evening, Gate will also host a high-end anniversary dinner event at the Rosewood Hong Kong, where platform founder and CEO Dr. Han will be present, and it is expected that over 300 representatives from top industry institutions and partners will be invited to participate in the exchange.

The TON ecosystem decentralized options protocol Tradoor has officially launched the "Airdrip" airdrop event. According to the rules, users' DOOR points will be directly exchanged for USDT and distributed to their TON wallets.According to the official introduction, the eligibility requirements for this airdrop include: holding at least 5000 DOOR points in the account, completing social verification tasks, and executing at least 1 options trade in Turbo mode. To prevent bot attacks and reward real users, the rewards will be unlocked over 4 months (25% each month), with the final claim deadline set for December 31, 2026. The official specifically reminds that airdrop claims are only open through their official website and official Telegram Bot.In addition, Tradoor revealed that it will soon expand its business to the BNB Chain, aiming to provide users with a lower capital threshold, one-click execution, and zero hidden fees for options trading.

CoW Swap tweeted that it has regained control of the cow.fi domain and has been operating normally on cow.finance for some time, and is currently gradually transitioning back to the original domain.The official statement indicated that the attacker deceived the DNS registrar with forged documents on April 14 to gain control of the cow.fi domain; the attacker deployed a highly realistic phishing website, implementing it in two phases: first, inducing users to sign malicious transactions through a wallet stealer, and then stealing mnemonic phrases and passwords through fake wallet pop-ups; this attack targeted the domain registrar and did not involve a breach of CoW Swap's own infrastructure or private keys. Affected users should use tools like Revoke.cash to revoke all authorizations and consider transferring funds to a new wallet.

Anthropic has launched an authentication mechanism in some use cases of Claude to prevent abuse, enforce usage policies, and fulfill legal obligations. This process is supported by Persona, requiring users to submit a government-issued photo ID and possibly undergo real-time selfie verification.Anthropic states that the verification data is only used to confirm identity, not for model training, and will not be used for marketing or advertising. If verification fails, users can retry multiple times within the process or submit a form to request manual assistance. Accounts may be banned in cases of repeated violations of usage policies, terms of service, registration from unsupported regions, or use by individuals under 18 years of age.

CZ stated on platform X that an AMA live event will be held at Binance Square on April 15 at 21:00 (GMT+8), during which questions will be open and 10 signed copies of the book will be given away.He mentioned that since the release of the new book, community discussions have been active, including related content creation and topic discussions. This AMA will be an interactive exchange with community users.