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Minh Don, the product lead of Drift, stated on its official Discord that it will take a few weeks to optimize the codebase, remove and add some small but impactful features, and plans to relaunch its forked exchange in May or June this year.Previously, Drift Protocol suffered losses exceeding $285 million in an attack incident.

The Humanity Foundation has recently made significant adjustments to the $H token allocation plan, requiring investors to make a final choice between two options by April 26 at 09:00 UTC: one, extend the distribution, pushing the Cliff to September 25, 2026, and changing to equal distribution over 12 quarters; two, a 3:10 discounted immediate unlock, replacing the original 16,666,666 tokens with 5,000,000 $H (a 70% reduction), to be fully distributed on June 25, 2026.It is understood that the Humanity Foundation has sent adjustment notifications to over 100 investors. Early investment firm Trix Ventures has publicly disclosed its choice of the discounted immediate unlock.It is reported that this firm invested during the project's valuation phase of approximately $60 million, and even after the 3:10 discounted replacement, it can still achieve about 7 times return. Notably, the Humanity Protocol previously reached an in-depth cooperation with payment giant Mastercard, and the project's fundamentals have received endorsement from traditional financial institutions. The on-chain identity verification sector it belongs to is currently in its early market stage, but with the continuous expansion of AI-generated content and automated accounts, the demand for on-chain real identity verification is widely believed to grow exponentially, giving this sector long-term potential to become a leading project in the Web3 infrastructure field.The project is about to face a test of significant selling pressure from a one-time massive unlock, and whether it can grow explosively alongside the AI sector is crucial. Analysts point out that choosing the one-time unlock on June 25 is a safer decision. In the current market cycle, "certain liquidity" far outweighs paper numbers. The deferred plan extends the cycle to 3 years, with huge uncertainties regarding the protocol's survival and team stability.From a market structure perspective, June 25 faces obvious concentrated selling pressure risks: the Sablier contract release node is transparent on-chain, and quantitative and short-selling funds will precisely target this node; institutions may lock in profits by hedging in advance during the two-month window; market makers may withdraw buy depth in advance, causing the actual realization value to be less than 10% of the nominal value. Historically, large-scale concentrated unlocks of Starknet (STRK) and ApeCoin (APE) have triggered severe selling pressure, with the former dropping over 95% from its peak and the latter declining 77% within 7 months.

According to ABC News, multiple sources have revealed that the U.S. Department of Justice is expected to terminate the criminal investigation into Federal Reserve Chairman Powell as early as Friday.

Polymarket stated on platform X, "Last month, we released enhanced market integrity rules to combat insider trading. When we discover users trading on government confidential information, we refer the matter to the Department of Justice and cooperate with their investigation. Polymarket does not tolerate insider trading, and today's arrests prove that this system is effective."The arrest mentioned by Polymarket refers to the U.S. federal authorities arresting a special forces soldier this Thursday who was involved in the arrest of Venezuelan President Maduro. This soldier is suspected of profiting over $400,000 by betting on Maduro's ouster. Sources say federal investigators believe this commando placed over $33,000 in bets on the prediction market Polymarket just hours before President Trump announced the capture of Maduro in January.

According to an official announcement from the U.S. Department of Justice, the "Fraud Center Strike Force" announced today a series of coordinated actions against Southeast Asian criminal organizations: two Chinese managers, Huang Xingshan and Jiang Wenjie, working at the "Shun Da Fraud Center" in Myanmar, have been indicted for allegedly forcing trafficked laborers to engage in cryptocurrency investment fraud and have been arrested in Thailand; a Telegram channel with over 6,000 followers, used to lure individuals to Cambodia's fraud centers for forced labor, has been shut down; and 503 fraudulent domain names disguised as legitimate investment platforms have been seized.On the financial side, the task force has frozen over $701 million in cryptocurrency suspected of being related to fraud and money laundering, and through "Operation Level Up," notified 8,935 victims, estimating the recovery of potential losses at approximately $563 million. Additionally, the U.S. State Department announced a reward of up to $10 million for information related to the "

Ju.com market shows that JU continues to rise strongly, breaking through 3.57 USDT, currently reported at 3.6 USDT. Compared to the bottom price of 0.357 USDT at the end of February this year, JU has increased by over 1000%.

Former Jump Trading senior quantitative researcher Yiming Zhang has received startup funding support from hedge fund giant Millennium Management after leaving the firm and will conduct business as an external manager in the future.Yiming Zhang worked at Jump for 17 years and was one of the key members of the core strategy department. Due to non-compete clauses, his new role is expected to officially start after the restriction period ends. Industry insiders point out that Millennium Management has been expanding its footprint in recent years by providing funding support to external teams, becoming one of the important "incubators" in the hedge fund sector.

Ju.com disclosed the first-day data for its new product matrix Hyper Trade. Within just 24 hours of launch, the series has shown strong performance, with the total number of participants exceeding 10,000 and total orders surpassing 200,000.Among them, "Bounty Duel," "Finger Trading," and "Happy BTC" have become the most popular star products due to their high interaction frequency.Data shows that Hyper Trade's characteristics of "low threshold and high transparency" are attracting a large number of users to the lightweight market prediction track.

The 8th phase project PINK ended its subscription on April 23 at 16:00 and will complete the TGE on April 23 at 20:00. This phase had over 53,000 participants, with a total subscription amount of 107,833,423 USDT. After the asset settlement for this phase of PINK, there will be no lock-up period; the funds will be available as spot, and users can choose to sell or withdraw immediately.This phase continues the multi-currency participation mechanism, allowing users to subscribe using JU / USDT / BTC / ETH, and the platform will uniformly convert and allocate based on U. A dynamic lottery rate model is introduced in this round; for every increase of 5,000,000 USDT in the raised amount, the lottery rate increases by 0.2%. Successfully inviting friends to participate can share a token reward of up to 20% of the final issuance amount.

According to official news, Jupiter has launched the Jupiter Prediction Bot, bringing its market predictions to Telegram, with a new "Clans" feature that allows traders to team up, discuss the market, and engage in social competition.

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.

Investment bank TD Cowen stated that the disagreements surrounding the CLARITY Act go beyond the issue of stablecoin yields, and multiple real-world obstacles may slow down the legislative process.First, the Commodity Futures Trading Commission is understaffed, with only one commissioner currently in office. In this situation, Congress is unlikely to feel comfortable handing over more cryptocurrency regulatory responsibilities to the agency, and filling the personnel gaps will take months. Second, the issue of prediction markets is heating up. Whether to include it in the bill's regulation, as well as potential insider trading and conflicts of political interest (including controversies related to Trump-related projects), may lead some Democratic lawmakers to oppose the bill.At the same time, the ongoing controversy surrounding the Trump family's cryptocurrency project World Liberty Financial is increasing the political sensitivity of the bill, making bipartisan consensus harder to achieve. Geopolitics has also become a variable. Discussions about Iran potentially using cryptocurrency payments are reinforcing the focus on anti-money laundering provisions and could even introduce amendments detrimental to the industry. Additionally, some lawmakers are attempting to include the Credit Card Competition Act, which, if advanced, could trigger new conflicts of interest and further delay the overall legislation.

Ju.com officially announced the launch of its new product matrix Hyper Trade, with the first three lightweight interactive products "Happy BTC," "Finger Trading," and "Bounty Duel" going live.This product is developed by Ju.com, with a core positioning of "market prediction interactive experience." The product relies on real-time market price fluctuations and focuses on three main features: "low threshold, short cycle, and transparent settlement," aiming to lower the technical barriers for users participating in market predictions through multi-dimensional interactive logic.Hyper Trade has been launched today at 16:00 (UTC+8) on both the web and app platforms. The platform stated that it will continue to optimize the product matrix in the future, building a more intuitive digital asset interactive ecosystem for users while ensuring compliance and transparency.

Kim Hyun-jung, a member of the Democratic Party of Korea's Digital Assets Special Task Force, stated that they plan to submit the basic law on digital assets related to stablecoins (Phase Two legislation) after the local elections and simultaneously advance the review of the bill in the subcommittee.He pointed out that there are still differences regarding issues such as the shareholding restrictions for major shareholders of exchanges, which need further discussion. At the same time, he believes that, in the context of the Bank of Korea Governor Shin Hyun-sung's positive attitude towards stablecoins, relevant legislation is expected to progress. In addition, the task force is considering meeting with him after the elections to advance the design of the CBDC and the Korean won stablecoin system.

According to Jinshi reports, a research report from CICC stated that Federal Reserve Chair nominee Kevin Warsh revealed the core policy proposition of "simultaneous balance sheet reduction and interest rate cuts" during the Senate Banking Committee hearing.He explicitly opposed normalizing quantitative easing and advocated for a gradual reduction of the Federal Reserve's balance sheet size. Although he did not make a clear commitment, his statements have shown a tendency towards interest rate cuts. This shift may indicate that the narrative of persistent dollar liquidity flooding will face correction.

According to Jinshi News, CME's "Fed Watch" shows that the probability of the Federal Reserve raising interest rates by 25 basis points in April is 0%, while the probability of keeping the interest rate unchanged is 100%. In addition, the probability of the Federal Reserve cumulatively cutting interest rates by 25 basis points by June is 1.7%, while the probability of keeping the interest rate unchanged is 98.3%.

The law firm Burwick Law has filed a federal class action lawsuit in the Southern District of New York (SDNY) against the creators of AI16Z and ELIZAOS, including defendant Walters, accusing them of violating consumer protection laws, false advertising, and unjust enrichment. Legal documents show that the defendants are accused of leveraging the brand reputation of Andreessen Horowitz (a16z) to package the project and issued the AI16Z token on Solana on October 24, 2024, later renamed ELIZAOS. The complaint alleges that the project claimed to have self-investing AI agents, which were actually operated manually, and did not generate revenue during the lawsuit period.On January 2, 2025, the token price reached a historical high of approximately $2.47, with a market capitalization exceeding $2.6 billion, and subsequently collapsed due to large holders reducing their positions. On-chain data shows that the most profitable traders realized approximately $39 million in profits.