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According to Bloomberg, 39 signatories, including Nasdaq, Stuttgart Stock Exchange Group, and various financial technology associations, are calling on the European Commission and the European Parliament to treat the distributed ledger technology pilot system as an independent legislative fast track and to separate it from the EU market integration and supervision scheme.The signatories stated that if the overall negotiation process takes too long, Europe may fall behind the United States in DLT applications, and they demand the removal of asset class restrictions, an increase in the total trading volume cap to €150 billion, and the elimination of license time limits. The letter also mentioned that the United States has established a stablecoin regulatory framework through the Genius Act and is rapidly establishing a leading position in the tokenized asset field.The European Commission is currently promoting a rapid resolution of the entire regulatory scheme and views it as a key part of the Capital Markets Union plan. Financial Services Commissioner Maria Luis Albuquerque has previously called for all legislative proposals to be passed in sync.

The HTX Genesis Hackathon, hosted by HTX DAO and B.AI, and co-initiated by TinTinLand and OpenCity, has opened in Hong Kong. The opening event was lively, with increasing frequency of exchanges and interaction density, creating a high-intensity dialogue atmosphere among developers, investors, and ecosystem participants.HTX DAO ambassador Molly shared on the theme "HTX DAO Ecosystem Development Plan: Launch of a Multi-Million Dollar Ecological Fund and Value Closed-Loop Strategy." She pointed out that the core vision of the HTX Genesis Hackathon is to build a free financial port based on the exchange's hinterland. To achieve this goal, five major ecological matrices covering the entire industry chain have been constructed, including: Huobi HTX as the core business engine and liquidity center; HTX DAO serving as the governance hub and centralized decision-making brain of the ecosystem; public chains and innovation layers providing payment network support through TRON, and building a solid DeFi infrastructure with JustLend, SunX, etc.; HTX Ventures focusing on industry frontiers, providing investment, incubation, and acceleration services for outstanding projects; and B.AI aiming at future trends, dedicated to creating financial infrastructure for the AI Agent era.Molly further emphasized that regarding future development, Huobi HTX has clearly proposed four core strategic keywords: "stability, transparency, institutionalization, AI empowerment," aiming to enhance the platform's long-term competitiveness in a complex market environment and provide ecosystem participants with more certain growth expectations.

According to The Block, Thom Tillis, a key negotiator for the U.S. Senate Banking Committee and a Republican senator from North Carolina, stated that the committee is unlikely to schedule a hearing to revise and vote on the cryptocurrency market structure bill within April.The main disagreement in the current legislation centers on how to handle rewards for stablecoins. The existing draft proposes to prohibit rewards for idle stablecoin accounts but allows earnings from trading activities; banking representatives are concerned that such earnings will attract deposits away from traditional banks, while cryptocurrency companies argue that limiting rewards will hinder innovation. Tillis suggested that the committee postpone the review until May.Previously, Senator Bernie Moreno warned that if the bill fails to pass before May, "digital asset legislation will not advance in the foreseeable future."

U.S. Senator Thom Tillis is urging the Senate Banking Committee to postpone the consideration of the cryptocurrency market structure bill until May, in order to allow more time for finalizing a compromise on stablecoin regulation between banks and the cryptocurrency industry.This move aims to provide additional negotiation space around key disagreements regarding stablecoins and to promote the formation of a more viable regulatory framework.

According to Crypto In America, the U.S. CLARITY Act has entered a critical negotiation period this week, and whether it will receive the long-awaited committee review in April or be postponed until May will depend on recent progress. The Senate Banking Committee will focus on the confirmation hearing of Federal Reserve Chair nominee Kevin Walsh at the beginning of the week. After that, the committee must decide by Friday whether to notify the review of the bill in order to hold a vote in the week of April 27.The banking group represented by the North Carolina Bankers Association is lobbying against the stablecoin yield restriction provisions in the bill, urging members to call Senator Thom Tillis's office to request amendments. It is reported that industry groups are also reaching out to other committee members.After more than two months of negotiations, crypto companies and banks reached a compromise at the end of last month, which the crypto industry is generally satisfied with. However, after the White House Council of Economic Advisers report downplayed the risks of stablecoin yields to the banking system, calls for amendments from the banking side have intensified.Patrick Witt, Executive Director of the White House Crypto Council, criticized banks on the X platform for "further lobbying out of greed or ignorance." Senator Tillis proposed holding an in-person "crypto carnival" meeting, but this may extend the timeline. He emphasized that there are still issues to negotiate but expressed optimism about scheduling the review in the coming weeks.In addition to yield issues, the bill also needs to address ethical and DeFi-related provisions. This week's progress will determine the fate of the bill, and the market is highly attentive.

On-chain detective ZachXBT questioned Kraken's due diligence process for the listing of $M (Memecore) spot trading on July 3, 2025, stating that approximately 7.9 million $M had been withdrawn from Kraken to 18 newly created addresses, of which a total of about 11.7 million $M is currently held, valued at approximately $39.8 million at the current price.He also mentioned that a suspected Memecore team address received 200 million $M during the token generation event (TGE) and transferred 5.3 million $M to the Kraken deposit address on July 3, 2025.

As high APY and liquidity bonuses gradually recede, DeFi is undergoing a critical cycle test from "narrative-driven" to "real demand."On April 21st at 8 PM, the themed Space "From Narrative-Driven to Real Demand: What Cycle Test is DeFi Undergoing?" will commence. This session will focus on three core topics: whether DeFi can return to the narrative mainline under the diversion of AI and RWA; whether JUST's completion of the third round of buyback and destruction marks a shift in value standards from high APY to real returns; and how ordinary users can identify signals and misconceptions in a volatile market. The event will feature special guests including WinkLink Oracle, with multiple speakers participating in the discussion.Users are encouraged to follow the official accounts @sunpumpmeme and @Agent_SunGenX, retweet the post, and @ three friends. The official account will randomly select 5 lucky users from participants to receive a reward of 10 USDT each.

Gate's "Racing the Future" outdoor crossover exhibition held at K11 MUSEA's waterfront promenade in Victoria Harbour, Hong Kong, is gaining momentum, with media day and public opening generating significant attention. On the first day of the media day, hundreds of stars, KOLs, and media attended, with the highlight being the unveiling of a giant driver helmet for Max Verstappen, sparking a wave of interest both on-site and online.After opening to the public on the 18th, the number of visitors significantly increased, with over ten thousand attendees on the first day. A large crowd continued to gather along the Victoria Harbour, creating a vibrant exhibition atmosphere. The exhibition prominently features the F1 Red Bull Racing Team's brand new car and core equipment for 2026, and through immersive interactive experiences, it visually presents the engineering of racing and speed culture, attracting many visitors to stop, participate, and take photos.It is reported that Gate will also hold the "Gate 13 Blue Carpet Ceremony" on April 20, where the F1 Red Bull Racing Team's display car will be unveiled along with brand collaboration showcases. That evening, Gate will host a high-end anniversary dinner at the Rosewood Hong Kong, with platform founder and CEO Dr. Han in attendance. Over 300 representatives from top industry institutions and partners are expected to be invited for networking.Gate Live will start the live broadcast of the blue carpet ceremony on April 20 at 17:30 (UTC+8), and will simultaneously broadcast the Gate 13 anniversary high-end dinner event at 20:00 (UTC+8), inviting several industry guests to participate in discussions and interactions, providing frontline perspectives and the latest insights.

Gate's outdoor crossover exhibition "Racing the Future" officially opened at the K11 MUSEA waterfront promenade in Victoria Harbour, Hong Kong. On the opening day, the event attracted a large number of citizens and tourists, with attendance exceeding ten thousand, and the waterfront area remained crowded, creating a lively atmosphere.As the official sponsor of the F1 Red Bull Racing team, Gate showcased the team's brand new 2026 racing car and related equipment at this exhibition, and set up an interactive experience area to attract visitors to closely experience the combination of racing engineering and speed culture. Many visitors stopped to take photos and engage with the interactive content. The racing suits, equipment, and gloves of champion driver Max Verstappen and driver Isack Hadjar were also on display, along with a giant driver helmet installation of Max Verstappen, drawing many fans to the event.In addition, Gate will hold the "Gate 13 Blue Carpet Ceremony" on April 20, where the unveiling of the F1 Red Bull Racing team's display car and brand collaboration will take place; that evening, Gate will also host a high-end anniversary dinner at the Rosewood Hong Kong, with platform founder and CEO Dr. Han in attendance, and over 300 representatives from top industry institutions and partners expected to participate in the exchange.

According to CryptoQuant analyst @AxelAdlerJr, last night, under the influence of news from the US and Iran, Bitcoin rebounded from $74,000 to $78,000, and this rise has all the characteristics of a classic short squeeze. In just one hour, the market absorbed a peak of $357 million in short liquidations. @AxelAdlerJr believes that this rebound was not amplified by fresh demand but was driven by the forced liquidation of short positions. "This is important because a short squeeze can cause prices to rise very quickly—but by itself, it does not confirm sustainable spot demand."

Analyst Alicharts pointed out that ETH has broken through the upper trendline of the ascending triangle and the key resistance level of $2385, which will turn into a support level. As the supply above is cleared, the technical target for this pattern is now $2900.

Rhea Finance released an attack review report, confirming that the actual loss from this vulnerability is approximately $18.4 million, significantly up from the initial estimate of about $7.6 million. The attacker constructed complex trading paths, manipulated liquidity using fake token pools, and directed borrowed assets into pools under their control, while only returning a minimal amount of assets, causing a large number of margin positions to quickly become under-collateralized and trigger liquidation, ultimately depleting the protocol's reserve funds.Currently, approximately $11.2 million in funds have been recovered or frozen, including some USDC and NEAR assets returned by the attacker, as well as about $4.34 million in USDT that has been frozen (with assistance from Tether).

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.