ao

According to e Company, Changqiao Securities has further clarified the recent regulatory matters regarding cross-border securities business in China. Changqiao Securities stated that the Hong Kong Securities and Futures Commission and the China Securities Regulatory Commission, along with other mainland regulatory departments, have recently issued the latest regulatory requirements for cross-border securities business, establishing unified industry standards for services aimed at mainland investors.These regulatory rules apply to all foreign financial institutions. Changqiao actively responds to the regulatory guidelines from both regions and will steadily advance compliance work in strict accordance with the relevant requirements. Changqiao Securities indicated that the scope of accounts targeted by this regulatory requirement is limited and clearly defined, mainly focusing on two types of accounts: first, investment accounts opened using suspicious or forged documents; second, investment accounts with zero balances. Customer accounts that are opened in compliance, with real assets and holdings, are not included in this cleanup. Changqiao firmly supports the regulatory attitude of zero tolerance towards fraudulent account opening behaviors and will handle matters strictly according to regulatory requirements.

According to Caixin, in response to the China Securities Regulatory Commission's investigation into Changqiao Securities and the proposed administrative penalties, Changqiao Securities stated that its licensed entities are regulated by overseas regulatory agencies such as the Hong Kong Securities and Futures Commission.Changqiao emphasized that customer funds are completely separated from the company's operating funds and are stored in independent custody bank accounts as required by regulations; the U.S. stocks and Hong Kong stocks held are respectively custodied by the Depository Trust & Clearing Corporation (DTCC) and Hong Kong Securities Clearing Company Limited (HKSCC), and are protected by the Hong Kong Investor Compensation Fund (ICF). At the same time, the company will strictly implement all rectification requirements and legally and compliantly promote relevant arrangements.

The China Securities Regulatory Commission has filed an investigation and issued a prior notice of administrative punishment against TigerBrokers (NZ) Limited, Futu Securities International (Hong Kong) Limited, and Changqiao Securities (Hong Kong) Limited for illegal securities business operations by relevant entities both domestically and abroad.According to the notice, the relevant entities of Tiger, Futu, and Changqiao conducted securities trading marketing, processed trading instructions, and provided related securities business services to obtain relevant income without the approval of our commission and without obtaining the licenses for securities brokerage business and securities financing and margin trading business, violating the provisions of Article 120 of the Securities Law, thus constituting illegal operation of securities business.In accordance with the provisions of Article 202 of the Securities Law, Article 136 of the Securities Investment Fund Law, and Article 132 of the Futures and Derivatives Law, our commission intends to decide to confiscate all illegal gains of the relevant entities of Tiger, Futu, and Changqiao, and impose severe penalties according to the law. The parties involved have the right to make statements, defend themselves, and request a hearing regarding the administrative penalties to be imposed. Our commission will fully listen to the opinions of the parties involved before making an administrative penalty decision in accordance with the law.

AllianceDAO co-founder Wang Qiao stated that ZEC's conservative target is to reach 3% - 5% of BTC's market capitalization, as BTC holders will allocate some assets to ZEC as a hedging tool; the more aggressive target is to reach 15% - 20% of BTC, which is the exchange rate level of silver relative to gold.Wang Qiao also believes that if a catastrophic event occurs with BTC, such as a large sell-off by Saylor or a quantum attack, ZEC has the opportunity to surpass BTC. ZEC has risen over 25% in the past month, with a market capitalization exceeding $10 billion. As of the time of writing, ZEC's market capitalization is reported at $10.9 billion, while Bitcoin's market capitalization is approximately $1.54 trillion. If ZEC can achieve this prediction, there is still a potential for a 3 - 6 times increase.

LayerZero Labs released a report on the KelpDAO attack incident, confirming that the KelpDAO rsETH cross-chain bridge built on its cross-chain communication protocol was attacked, resulting in the theft of approximately 116,500 rsETH (about $292 million). Several security agencies, including Mandiant, CrowdStrike, and independent researchers, attributed the attack to the North Korean-related hacker group TraderTraitor (UNC4899).The report indicates that the attack began on March 6, 2026, when the attackers used social engineering techniques to compromise a LayerZero developer account, obtain session keys, and infiltrate the RPC cloud environment, further contaminating internal RPC node data and manipulating return results to deceive monitoring systems and the decentralized verification network (DVN).LayerZero Labs officially announced that it will adjust its security strategy, including no longer allowing its DVN to act as the sole signer in a single validation configuration, while also rebuilding the affected cloud infrastructure and introducing short-term credentials, instant permission upgrades, and multi-party approval mechanisms to enhance security.

In response to the unauthorized access event of the internal code repository disclosed by GitHub, Zhao Changpeng reminded, "If the code contains an API Key, even if it is in a private repository, it should be reviewed and replaced immediately."

Coinbase announced that it will add MetaDAO (META) and Derive (DRV) to the asset listing roadmap.

Italy's largest bank Intesa Sanpaolo increased its crypto exposure to approximately $235 million in the first quarter.

According to CoinDesk, after KelpDAO was attacked resulting in a loss of $292 million, the industry's scrutiny of the security of cross-chain infrastructure continues to heat up, with approximately $4 billion in assets having completed or currently migrating from LayerZero to Chainlink's Cross-Chain Interoperability Protocol (CCIP).The DeFi protocol Lombard is the latest project to join this migration trend. The protocol announced it would abandon LayerZero and migrate over $1 billion in Bitcoin-backed assets to Chainlink CCIP, stating that this decision stemmed from a comprehensive internal security review following the April attack incident.Lombard issues two types of Bitcoin-backed tokens—LBTC and BTC.b—and will prioritize the migration of assets on chains such as Solana, Etherlink, Berachain, Corn, and TAC, while terminating the use of LayerZero on Morph and Swell. Lombard stated that the reason for choosing CCIP is its independent node operators, built-in rate limiting mechanisms, and audited infrastructure. Additionally, the protocol will adopt Chainlink's cross-chain token standard to achieve asset cross-chain circulation through a burn-and-mint model.Previously, Kelp DAO, Solv Protocol, Re, and the cryptocurrency exchange Kraken have all completed similar migrations, with these projects collectively transferring approximately $4 billion in assets. Chainlink Labs Chief Business Officer Johann Eid stated, "We are witnessing a continued wave of risk-averse migration within the industry."

According to the Binance wallet page, it appears that the "Luo Yonghao" named Meme coin has been blocked and can no longer be searched for.ChainCatcher previously reported that Luo Yonghao called out Zhao Changpeng on social media, stating, "Recently, a virtual currency named 'Luo Yonghao' (which used my avatar as its logo) is being traded on the Binance trading platform. Although it has not officially entered the 'trading platform' tab yet, it is still on the 'wallet' tab, but it is still part of the Binance trading platform. To prevent people from being deceived, please delist it or provide a formal complaint delisting channel."

Luo Yonghao called out to Zhao Changpeng on social media, stating, "Recently, a virtual currency named 'Luo Yonghao' (which also used my avatar as its logo) has been traded on the Binance trading platform. Although it has not officially entered the 'trading platform' tab yet, it is still on the 'wallet' tab, but it is still part of the Binance trading platform. To prevent people from being deceived, please take it down or provide a formal complaint channel for removal."

Zhao Changpeng stated in a Binance Online live broadcast that, compared to directly investing in AI itself, he prefers to invest in the "shovels" that support AI, including data centers, power, and other computing infrastructure.Zhao Changpeng mentioned that although the current AI chip market is almost dominated by NVIDIA, there may be more customized solutions for AI computing scenarios in the future. Additionally, he is also paying attention to the development of robotics technology.In terms of investment direction, Zhao Changpeng said that AI will drive rapid development in biotechnology, but YZi Labs will not make large-scale investments in this field, with core investments still focused on the cryptocurrency and blockchain industry. Currently, about 70% to 80% of investments are still in the Web3 sector.

According to official news, based on the update from the Arbitrum DAO proposal, a judgment creditor in an unrelated case served a restraining order to Arbitrum DAO regarding the ETH frozen after the rsETH incident. A few days later, Aave LLC filed an emergency motion to vacate. The court modified the restraining order, allowing for on-chain Arbitrum voting and transferring the frozen ETH to Aave LLC.After the transfer, the restraining order will attach to Aave LLC. The revised constitutional AIP retains the asset recovery intent approved by Arbitrum DAO, and ETH will still be used for the recovery of the rsETH incident. Aave LLC will comply with all court obligations during the litigation process.

CoW DAO announced that its domain registrar was subjected to a social engineering attack on April 14, during which the attacker briefly controlled the official domain for about 4.5 hours and directed users to a phishing website, thereby inducing them to sign malicious transactions. The project team emphasized that the CoW Protocol itself was not compromised, but some user assets were affected during that time window.In response to this incident, the CoW DAO community governance proposal CIP-86 has been approved, establishing a discretionary compensation fund to reimburse affected users for their losses. The official reminder states that eligible users must submit their claims by May 14, including affected wallet addresses, asset information, transaction hashes, and names, and apply via email at help@cow.fi, with the email subject clearly stating "Discretionary Grant Claim for".

JustLend DAO officially initiated Governance Proposal No. 39, planning to add the HTX market and introduce $HTX into the platform lending market. The core of the proposal includes: configuring the HTX/TRX price oracle, supporting the jHTX token, while setting the collateral coefficient at 50% and the reserve coefficient at 30%. If the proposal is approved by vote, HTX holders will be able to earn returns by supplying HTX or use it as collateral to borrow other assets, thereby further enhancing the efficiency of fund utilization within the ecosystem. The proposal is currently open for voting.

The Financial Secretary of Hong Kong, Paul Chan, published a blog post in which he pointed out that the Guangdong-Hong Kong-Macao Greater Bay Area possesses three capabilities: cutting-edge artificial intelligence research and development, a complete high-end manufacturing chain, and an international financial hub.Paul Chan stated that this "AI + manufacturing + finance" triple advantage allows Hong Kong to play two major roles during the 14th Five-Year Plan period: industrial synergy and regulatory alignment, including serving as the "international interface" for emerging industries landing in the Greater Bay Area, as well as being a "communication and conversion platform" for mutual reference between national standards and international standards.