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The Avalanche Foundation stated on platform X that it supports DeFi United. This is a coordinated action aimed at restoring rsETH collateral support. DeFi is undergoing public stress testing, with transparent accounting and real accountability, while traditional financial systems often take months or years to complete such repairs.The Avalanche Foundation expressed support for Aave and the broader DeFi ecosystem.

According to CoinDesk, Fidelity Digital Assets released the "Q2 2026 Signal Report," indicating that although the overall cryptocurrency market was in a consolidation phase at the beginning of the second quarter, several underlying data points have shown signs of stabilization.The report shows that Bitcoin's dominance continues to rise, with capital consistently concentrating on the most liquid assets. The levels of unrealized profits and momentum indicators are consistent with characteristics of a correction period, which may lay the foundation for a more stable market structure in the future.Meanwhile, the network usage and price trends of Ethereum and Solana have diverged, indicating that demand at the protocol layer remains robust. The report also notes that Bitcoin futures are currently experiencing negative funding rates, and research institution 10x believes this reflects structural hedging behavior by institutions rather than an overall bearish signal.

According to PRNewswire, Bitmine Chairman Tom Lee stated that since the US-Iran conflict, ETH has outperformed the S&P 500 Index by 1,696 basis points, becoming the best-performing single asset globally, aside from crude oil, and has acquired the attributes of a "wartime store of value" asset.Tom Lee added that as Wall Street accelerates the promotion of on-chain tokenization and the demand for public, neutral blockchains from the Agentic AI system continues, Ethereum will continue to benefit. His basic expectation is that we are currently in the final stage of a "mini crypto winter."

Aave announced on platform X that the Ethereum core organization Consensys and Ethereum co-founder Joseph Lubin have officially joined the DeFi United recovery initiative, providing funding support of up to 30,000 ETH, with ongoing strategic consulting provided by Sharplink.Aave stated that the aforementioned contributions are an important part of the overall recovery plan for DeFi United, playing a key role in promoting the recovery of rsETH collateral and normalizing market conditions. Without this support, the current recovery process would be difficult to advance.

SOL Treasury Company Solana Company has completed a targeted issuance, issuing 3,076,922 shares of Class A common stock at a price of $2.6 per share, expecting to raise approximately $8 million (net fundraising of about $7.9 million), with Mirae Asset leading the investment and HashKey Capital participating.The company plans to use the raised funds to increase its holdings of SOL and for daily operations. In addition, the company has signed a put option agreement with the subscribers, stipulating that when certain conditions are triggered, the subscribers have the right to request the company to repurchase shares at the original subscription price plus an annualized internal rate of return of 7%.

According to official news, Banking Circle has officially launched a stablecoin settlement service today.Previously, the bank had obtained a crypto asset service provider (CASP) license issued by the Luxembourg financial regulator CSSF. The new service supports instant two-way exchanges between fiat currencies and mainstream stablecoins such as USDC, USDG, and EURI, and relies on the bank's core platform to achieve round-the-clock settlement and regulatory traceability. Currently, the global market value of stablecoins is approximately 250 billion euros, with an annual payment transaction volume of about 330 billion euros and a monthly on-chain transaction volume exceeding 80 trillion euros.Banking Circle CEO Laust Bertelsen stated that stablecoins have become the core infrastructure for cross-border settlement and fund management. This launch aims to combine the efficiency of blockchain payments with banking compliance standards to serve its global client base of over 750 payment institutions.

According to the official announcement from the Pakistan Virtual Assets Regulatory Authority (PVARA), all virtual asset services are included under PVARA's regulatory scope and must obtain prior authorization before commencing operations or making public announcements.PVARA welcomes responsible innovation and encourages relevant parties to engage in communication as early as possible. Innovation can be conducted through compliance pathways such as regulatory sandboxes, No-Action Relief Letters, and No Objection Certificates (NOC).

The globally leading digital asset trading platform Gate has released its latest quarterly report, showcasing strong momentum in the continuous expansion of several core businesses. Gate Perp DEX has entered a phase of scaled growth based on a mature product system, with a cumulative trading volume exceeding $13 billion in the first quarter, over 10 million transactions, and the number of trading pairs surpassing 600. While covering mainstream crypto assets, it has also introduced TradFi perpetual contracts for gold, silver, and crude oil, pushing the platform to extend from single crypto derivatives trading to a multi-asset market.At the same time, the ETF and derivatives markets have shown active performance, with quarterly ETF trading volume increasing from 6.7 billion USDT at the beginning of the year to over 18 billion USDT, covering more than 320 trading pairs; the daily trading user growth for options business has increased by 54.6%. TradFi-related products have become an important driving force for the growth of derivatives, promoting the trading structure from single crypto assets to a multi-asset system.In terms of institutional and product ecosystem, the platform's growth momentum continues to be released. The trading volume of institutional contracts has increased by over 50% compared to the end of last year, and the total number of institutional users has grown by over 66%; asset management scale has increased by 22%, and trading volume has grown by 192%. CrossEx trading volume and net asset scale have achieved approximately 9.4 times and 3.1 times growth, respectively. Gate's multi-business collaborative growth, relying on the integration of TradFi and crypto assets, is accelerating its evolution into a comprehensive multi-asset trading platform.

According to a report from CoinShares' research department, digital asset investment products recorded a net inflow of $1.2 billion this week, marking the fourth consecutive week of positive inflows. Total assets under management (AuM) rose to $155 billion, the highest level since February 1. Among them, Bitcoin led with an inflow of $933 million, bringing the year-to-date total inflow to $4 billion; Ethereum saw inflows of over $190 million for the third consecutive week; XRP returned to net inflow after a week of outflows.Regionally, the United States dominated this week's inflows ($1.1 billion), while Germany, Switzerland, and Canada also recorded positive inflows, indicating a broadening demand. Additionally, blockchain stock ETFs have cumulatively attracted $617 million over the past three weeks, setting a record for weekly inflows, reflecting growing interest from institutional investors in this sector. The market is currently focused on the FOMC meeting on April 28-29, which may create some disturbances in short-term sentiment.

The Vietnamese government plans to launch a 5-year pilot project for crypto assets in the second quarter of 2026, transitioning from previously offshore unregulated crypto trading to a domestically regulated market. Currently, Vietnamese traders have an annual cryptocurrency trading volume of $220-230 billion, exceeding $600 million daily. The new pilot will only allow locally registered institutions that meet strict capital and compliance requirements to participate, and the trading targets must be backed by real-world assets and settled in Vietnamese dong.

The Financial Secretary of Hong Kong, Paul Chan, published an essay titled "Gathering Greater Energy through Innovation and Cooperation," in which he pointed out that global investors are accelerating the diversification of asset allocation, reducing reliance on a single market or single asset. With the development of hot themes in the investment market, the types of assets linked to exchange-traded funds (ETFs) are continuously increasing, ranging from spot and futures of precious metals; technology companies; semiconductor companies; to digital assets, etc. These different themes or ETFs that combine various leverage characteristics provide investors with efficient and highly transparent investment tool options.

Aave announced that ecosystem partners and service providers will establish a recovery fund to promote the restoration of rsETH to full asset backing. This plan has taken into account the pending Aave DAO governance votes (including Arbitrum governance votes), indicative protocols, and subsequent successful execution.Aave stated that it has reached an agreement with KelpDAO and LayerZero on the technical steps required to implement the recovery plan. Relevant work is underway, and addressing the issues of affected users and maintaining the stability of the broader DeFi ecosystem is the current top priority. The final recovery plan, user operation steps, and further updates will be announced soon.

Aave posted on platform X stating that the Aave service provider has released a governance proposal for Aave DAO, suggesting to allocate 25,000 ETH to participate in the ongoing DeFi United initiative. This ETH funding will be used to support the restoration of asset backing for rsETH, helping it to quickly regain its peg and promote the normalization of market conditions.This proposal aims to accelerate the risk management process for rsETH through financial support at the Aave DAO level, stabilizing the related DeFi market ecosystem.

The U.S. Commodity Futures Trading Commission (CFTC) today submitted an amicus brief to the Supreme Judicial Court of Massachusetts, reaffirming its exclusive jurisdiction over the U.S. commodity derivatives market (including prediction markets). This case involves Commonwealth of Massachusetts v. KalshiEx LLC (case number SJC-13906).CFTC Chairman Michael S. Selig stated that Congress has authorized the CFTC to have sole regulatory authority over the commodity derivatives market and warned that any state attempting to override federal law "will see you in court." The brief details the legislative history and framework of the Commodity Exchange Act, clarifying that the federal regulatory system takes precedence over relevant state laws. Previously, the CFTC has filed lawsuits against Arizona, Connecticut, Illinois, and New York, successfully obtaining a temporary restraining order against Arizona to prevent it from exercising state jurisdiction over prediction markets regulated by the CFTC.

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.

The South African Treasury has released the "Draft Regulations on Capital Flow Management for 2026" and is seeking public comments. The draft aims to restructure the current foreign exchange control framework based on the "Currency and Exchange Act," focusing on: aligning with the OECD and FATF recommendations on anti-money laundering, counter-terrorism financing, and curbing illegal capital flows; including crypto-assets in the foreign exchange control scope for enhanced risk management and regulation for the first time; further clarifying exemptions, licenses, and applicable conditions; and introducing an administrative penalty mechanism for violations of the regulations. Comments must be submitted via email to the address designated by the National Treasury within 30 days of the announcement.

KelpDAO announced on platform X that since April 18, it has been coordinating with Aave and ecological partners to advance the recovery work for rsETH holders. The initial gap of this incident was 163,200 ETH, and Kelp has currently recovered 40,300 rsETH, equivalent to about 43,000 ETH. The Arbitrum Security Committee has also secured an additional 30,700 ETH, leaving a remaining gap of approximately 89,500 ETH.Kelp stated that among the remaining gap, Mantle, Stani Kulechov, EtherFi, Lido, and Golem have publicly confirmed commitments totaling 43,500 ETH and are working with partners to formalize the relevant contributions. Kelp emphasized that rsETH holders are a priority.