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Core member of the Ethereum Foundation, Josh Stark, will be leaving, having led several major upgrades including The Merge

According to The Block, Josh Stark, a key figure at the Ethereum Foundation (EF), announced his resignation after five years and will officially step down at the end of the month. Stark joined the Ethereum Foundation in 2019, initially working in the special projects team, and later rose to leadership, collaborating with EF Chair Aya Miyaguchi, Ethereum founder Vitalik Buterin, and co-executive directors Hsiao-Wei Wang and Bastian Aue.He is one of the most prominent members of the foundation's external image and has led several significant advancements in Ethereum, including the "The Merge" upgrade that transitioned from proof of work to proof of stake, as well as subsequent upgrades like Dencun, Fusaka, and Pectra. During last year's leadership adjustments at the foundation, he was appointed as the "co-manager" of the EF board and recently took on the role of co-chair of the "trillion-dollar security" initiative.Last month, Stark co-authored a strategic blog post on Ethereum with Josh Rudolf and Julian Ma, outlining Ethereum's latest scaling direction and its relationship with the Layer 2 ecosystem. Stark stated, "I haven't planned for the future yet; I just want to take a good rest and spend time with family and friends." This resignation occurs against the backdrop of ongoing changes at the Ethereum Foundation.Last year, the foundation underwent significant leadership adjustments, refocusing its strategic priorities on scaling the Ethereum mainnet and core cypherpunk values; Tomasz K. Stańczak also resigned from his co-executive director position at the end of February this year, having served for less than a year. On the same day, Trent Van Epps also announced his departure from EF to fully dedicate himself to Protocol Guild, the independent funding organization for Ethereum core developers that he founded.

J.P. Morgan: Negotiations on the CLARITY Act have entered the final stage, with disputes narrowed down to 2-3 core issues

JPMorgan analysts have stated that negotiations for the U.S. "Cryptocurrency Market Structure Act" (i.e., the CLARITY Act) have entered the final stages, with both sides reaching compromises on a few remaining contentious points. The number of disputes has been reduced from over a dozen to 2-3 core issues, with discussions on stablecoin rewards being "in a good place." While banks express concerns about stablecoins offering similar yields to deposits, there is an overall bipartisan compromise trend. JPMorgan believes that "there is no perfect bill," and once passed, the bill will provide important regulatory clarity for the integration of digital assets into the U.S. financial system.The "Cryptocurrency Market Structure Act" is currently in advanced negotiations in the U.S. Senate, with Senate staff stating that the draft is "very close" to resolution, but the final text has not yet been released, nor has a formal vote been scheduled. The remaining major disagreements focus on stablecoin rewards, DeFi regulation, and token classification issues. Although optimism is rising, there is still a risk of delays due to the 2026 midterm elections, which could lead to a more uncertain political environment. If the bill is ultimately passed, it will delineate the regulatory authority between the SEC and CFTC, providing a long-term regulatory framework for stablecoins, DeFi, and the entire cryptocurrency industry.

Polymarket predicts a 46% probability that SpaceX's IPO closing market value will exceed $2 trillion, and the first subscription for Gate Pre-IPOs SPCX will begin

Gate, as the first centralized exchange to connect to Polymarket, shows that the probability of a closing market value forecast of over $2 trillion for the SpaceX IPO is about 46%, making it the highest probability option currently.It is reported that Gate has launched the first phase of the Pre-IPOs project, SpaceX (SPCX). The subscription for this phase of SpaceX (SPCX) will be open from April 20, 2026, 18:00 to April 22, 18:00 (UTC+8), supporting participation in both USDT and GUSD. After the subscription is completed, the SPCX asset certificates are expected to be distributed before April 22, 22:00 (UTC+8) and will enter pre-market trading in a 100% unlocked form, with pre-market trading starting at April 24, 18:00 (UTC+8). The total subscription amount is 33,900 SPCX, with a total value of approximately $20.01 million, a unit price of $590, corresponding to an implied valuation of about $1.4 trillion.In terms of participation mechanism, Gate Pre-IPOs adopts "average locked amount per hour" for allocation, emphasizing early participation weight. The minimum participation threshold is 100 USDT, and no handling or custody fees are charged. Gate Pre-IPOs will continue to focus on early participation opportunities for high-quality projects before listing, providing users with a new entry point to access global quality assets.
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