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According to market news, Nigel Farage, the leader of Reform UK, is facing a parliamentary standards review for receiving an undisclosed grant of approximately £5 million from cryptocurrency billionaire Christopher Harborne. Christopher Harborne resides in Thailand and holds a 12% stake in the stablecoin issuer Tether.Nigel Farage stated that the grant was intended to ensure his personal safety and not for political activities. However, the Conservative Party and the Labour Party accused him of violating the House of Commons rules requiring members to declare earnings received in the 12 months prior to their election, and have requested the parliamentary standards commissioner to investigate. Reform UK responded that the funds are classified as "personal unconditional gifts" that do not need to be declared and are unrelated to elections.The UK government announced in March this year a suspension of political parties receiving cryptocurrency donations to prevent foreign interference. Previously, Christopher Harborne donated £9 million to Reform UK, setting a record for the largest single political donation by a living individual in the UK; BitMEX co-founder Ben Delo also donated £4 million to the party this year.Additionally, Farage himself holds a 6.31% stake in the Bitcoin treasury company Stack BTC.

Bitcoin fell below $76,000 after failing to break through $80,000, with uncertainties surrounding the reopening of the Strait of Hormuz and the macroeconomic situation unsettling the market.Meanwhile, technical indicators and on-chain data provide mixed signals regarding whether BTC can sustain this round of rebound. Bitcoin recorded a 30% recovery after hitting a low below $60,000 on February 6, but it stalled under selling pressure in the supply zone between $78,000 and $80,000. This range also coincides with the current 20-week exponential moving average (EMA), reinforcing the significance of this resistance level.Michael van de Poppe, founder of MN Capital, stated that the current pullback is "typical behavior" ahead of the FOMC meeting. He added, "I believe we are still in a phase of strong market conditions." On the support side, Bitcoin has tested the support level at $75,500, which also serves as the lower boundary of the 20-day EMA, 100-day EMA, and an upward channel.Glassnode's UTXO Realized Price Distribution (URPD) data shows that direct resistance is around $78,000, where investors hold 335,650 BTC; the average purchase price of about 298,560 BTC is $75,500, forming a key support level.On the on-chain front, Glassnode data indicates that the Bitcoin market exhibits "a coexistence of bullish momentum and cautious sentiment." The spot CVD (Cumulative Volume Delta) rose from $18.3 million to $54.8 million, with an increase of nearly 200% over the past week, reflecting strong bullish sentiment among market participants. However, spot trading volume decreased by 13.8% from $6.95 billion a week ago to $5.99 billion, "indicating a reduction in market activity." During the same period, the number of daily active addresses fell by 1.6%, showing a more subdued network participation.

In response to the U.S. accusations of China "stealing" intellectual property from American artificial intelligence laboratories, Foreign Ministry spokesperson Guo Jiaqun stated during a regular press conference on the 24th that the U.S. claims are unfounded and are a smear against China's achievements in the development of the artificial intelligence industry. China firmly opposes this. We urge the U.S. to respect the facts, abandon prejudice, stop suppressing technology related to China, and do more to promote technological exchange and cooperation between the two countries.

According to CoinDesk, data disclosed by the market-making company Caladan shows that about 93% of GameFi projects are now nearly dead, with token values down 95% from their peak in 2022, and game studio funding plummeting by 93% by 2025. Investment in Web3 games has almost completely dried up, with funds shifting towards AI, real-world assets, and Layer-2 infrastructure, leading to a collapse in the gaming industry. Even Animoca Brands, the most active investor in the Web3 space, has reduced its gaming business to about 25% of its portfolio and has started to pivot towards areas like stablecoins.In addition, 63% of Web3 venture capital funding in 2022 flowed into the gaming sector, but by 2025 this proportion has dropped to single digits, with over 300 games announcing shutdowns, turning Web3 gaming into a cautionary tale about chasing speculation while neglecting product-market fit.

According to Tesla's official financial report, Tesla's total revenue in the first quarter of 2026 reached $22.4 billion, a year-on-year increase of 16%; GAAP operating profit was $941 million, a year-on-year increase of 136%; non-GAAP net profit was $1.453 billion, a year-on-year increase of 56%; operating cash flow was $3.9 billion, free cash flow was $1.444 billion, and the cash and short-term investments balance at the end of the quarter reached $44.7 billion.In terms of digital assets, the company did not disclose any Bitcoin trading operations, and the book value of digital assets decreased from approximately $1.008 billion at the end of the previous quarter to $786 million, mainly due to fair value adjustments resulting from the decline in Bitcoin prices.

SBF wrote to New York Judge Lewis Kaplan, announcing the temporary withdrawal of the Rule 33 motion for a retrial. SBF stated that he needed to focus on answering the judge's question about whether his lawyers were involved in drafting the motion, and he believed he could not receive a fair hearing before that judge, so he decided to withdraw the motion. He plans to reserve the right to resubmit the motion after a ruling on the direct appeal and the related request for reassignment of the judge.Previously, SBF was sentenced to 25 years in prison for defrauding clients and investors. In his letter, he confirmed that the motion was primarily completed through his independent legal research and drafting while in Brooklyn prison, with his parents only providing editorial suggestions and assistance with printing.

Curve founder Michael Egorov stated that the recent large number of avoidable security incidents in DeFi stem from centralized single points of failure, which are harming the entire industry. He cited the Aave and rsETH incidents as examples, indicating that related issues should be prevented before accidents occur, rather than remedied afterward.He called for the industry to collaboratively establish DeFi security standards to reduce single points of failure and to share best practices among project teams, auditing agencies, and risk assessment teams; he also suggested that the Ethereum Foundation and Solana Foundation could coordinate ecological participants to develop security principles and rules.

Well-known developer and Yuga Labs Vice President 0xQuit posted on X that the situation with Aave is dire and worsening, with multiple liquidity pools reaching 100% utilization, causing depositors to be "stuck," and the protocol facing further bad debt risks... If the price of ETH drops and Aave cannot effectively liquidate (which is indeed the case currently), it will ultimately lead to inefficient liquidations, resulting in more bad debt. If the problem cannot be resolved quickly, this situation may snowball.

The Ethereum NFT marketplace Foundation has officially announced its permanent closure. Founder Kayvon Tehranian posted on X stating that the original plan was to sell the platform to a buyer interested in continuing operations, but the deal ultimately fell through, and the company deemed it not worth searching for other buyers. The platform's infrastructure has been shut down, with no plans for relaunch.In January of this year, Tehranian transferred ownership of Foundation to the digital art display company BlackDove, at the time calling this move a step for the platform's long-term development. However, BlackDove only conducted a full due diligence after completing the operational handover and ultimately determined that building a proprietary marketplace was more feasible, leading to the termination of the collaboration.Since its launch, Foundation has facilitated approximately $230 million in primary sales and has hosted iconic auctions featuring artists such as Jen Stark, James Jean, and Edward Snowden. This closure has once again raised questions about the permanence of NFTs hosted on centralized infrastructure.

According to analyst Alicharts, Bitcoin is at a critical turning point. Bitcoin is testing the 100-day Simple Moving Average (SMA) resistance level, marking its third test in six months. The previous two tests ended in failure: in October last year, Bitcoin faced rejection, leading to a 30% drop from $116,000 to $80,000. In January, Bitcoin similarly faced rejection, resulting in a 39% drop from $97,000 to $59,800.Alicharts warns that a third rejection here would represent a significant structural failure. It could trigger a triple top effect, potentially pushing Bitcoin's price back to the annual low of $59,800. If BTC can ultimately break through this barrier and close above the 100-day SMA, then the upper limit will be breached. A breakout here would open a direct path to $80,000 - $84,000, confirming that the macro adjustment may have ended.

According to Jinshi reports, the failure of peace negotiations between the United States and Iran has led the bond market to focus on inflation issues and strengthened expectations that interest rates will remain high. Investors in the U.S. Treasury market face the risk that rising energy costs may exacerbate price pressures, delaying the Federal Reserve's rate cut actions.Last Friday, the monthly increase in the U.S. March CPI reached its highest level since 2022, prompting the 10-year U.S. Treasury yield to exceed 4.3%, with yields further rising by 3 basis points on Monday to reach 4.35%.

According to a report by Jinshi citing Xinhua News Agency, Iran's First Vice President Arif posted on social media on the 11th that if Iran negotiates with U.S. representatives in Islamabad, Pakistan, under the "America First" policy, it is very likely to reach an agreement that is beneficial for both parties and even the world.However, if faced with U.S. representatives under the "Israel First" policy, then no agreement will be reached, and "we will inevitably continue to defend ourselves more resolutely than ever, and the world will pay a greater price."

The Chicago Mercantile Exchange (CME) Bitcoin futures market continues to weaken. Data shows that the average daily open interest (OI) in March 2026 has fallen below $8 billion, further dropping to about $7.2 billion in early April, marking a new low since February 2024, and it has declined for the fifth consecutive month. Meanwhile, the monthly trading volume in March fell to $163 billion, nearly halving from the peak of January 2025.Market analysis indicates that this round of decline is primarily due to large-scale liquidations of "basis trades." Previously, institutions profited from price differences by buying spot ETFs and shorting CME futures, which was the core driving force behind the growth of CME positions. However, as Bitcoin prices have retreated from a high of $120,000 to below $70,000, the annualized basis yield has significantly compressed. Currently, the basis yield of about 5% is close to the risk-free interest rate level of about 4.5%. When factoring in funding costs and counterparty risks, the arbitrage space has essentially disappeared, prompting leveraged funds to withdraw.

Binance founder Zhao Changpeng (CZ) detailed the Terra/UST/LUNA collapse in his new book "Binance Life." In 2018, Binance's venture capital department invested $3 million in Terra in exchange for LUNA tokens. Starting on May 7, 2022, UST began to de-peg and rapidly collapsed, with approximately $60 billion in value evaporating.At the same time, the team informed that the early investment in LUNA was worth $1.6 billion, and CZ decided not to sell to cash out, reasoning that he did not want to trigger market panic, harm the project, or be seen as running ahead of retail investors. Nevertheless, the LUNA he held plummeted from a market value of $1.6 billion to a few thousand dollars within days, resulting in significant losses for Binance.CZ pointed out in the book that Terra claimed to have billions of dollars in reserves but did not use them to stabilize UST, and founder Do Kwon lacked transparent responses. The design of UST relied on LUNA as a reserve, and after the de-pegging, the system crazily minted LUNA, increasing the total supply by 1,000 times, accelerating the collapse. Terra ultimately used $3 billion in Bitcoin reserves to try to save the situation, but it was too late, and he expressed shock that Do Kwon might have privately kept $200 million for legal fees.

Claude Code Product Manager Noah Zweben posted, "/autofix-pr can now be launched directly from the command line for automatic fixes. After completing a PR, just run this command. It will upload your session to the cloud, allowing the PR auto-fix tool to have the complete context to handle CI failures and comments."

On-chain detective ZachXBT released an investigative report on Circle, stating that since 2022, the company has faced issues of "poor compliance enforcement" in multiple incidents involving illegal funds, with a total amount exceeding $420 million.The report points out that Circle, as the issuer of USDC, has always been known for its regulated and well-compliant system. Its token contracts also have the functionality to freeze and blacklist addresses, and it explicitly reserves the right to restrict suspicious accounts in its terms of service. However, these mechanisms were not used timely and effectively during several major security incidents.The report highlights the attack on Drift Protocol on April 1, 2026, where approximately $280 million in assets were stolen. The attacker used Circle's own cross-chain bridge CCTP to transfer over $232 million USDC from Solana to Ethereum within 6 hours, but no assets were frozen during this period. Similar situations occurred in attacks on SwapNet, Cetus Protocol, and Mango Markets, where in some cases, even after law enforcement and industry experts issued freeze requests, Circle still did not take timely action, and even processed the situation only after the assets had been transferred.Additionally, the report noted that in the money laundering investigation involving the hacker group Lazarus Group, Circle's response was significantly slower compared to other stablecoin issuers (such as Tether, Paxos, etc.). In some cases, freeze operations were delayed for several months. Similar delays were also seen in the Ledger supply chain attack and the GMX attack, where USDC remained in suspicious addresses for several hours or even longer without being frozen.ZachXBT stated in the report that this disclosure does not negate the value of Circle's products or the stablecoin itself, but emphasizes that its compliance enforcement decisions have caused "real and significant losses" to the industry.He pointed out that over the past three years, due to multiple failures to act in a timely manner, the DeFi ecosystem has accumulated losses reaching nine figures, and the $420 million is only a conservative estimate of publicly known cases, with the actual scale potentially being higher.