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According to official news, KelpDAO stated that over the past few days, the team has been continuously advancing the handling of related events with the support of partners, allies, and the community. Discussions are progressing in a positive direction, and efforts are being accelerated to reach a suitable solution. The project party emphasized that it always adheres to the core principle of "user first," and subsequent measures will be gradually implemented with the aim of safeguarding the overall interests of users.In the past four days, the Kelp team has been working around the clock in collaboration with multiple parties, maintaining close communication with all relevant parties, and making substantial progress on several potential solutions. This includes measures taken by the Arbitrum Security Council to freeze the stolen funds, as well as SEAL 911 participating in the preliminary investigation to provide objective and clear analytical support for the incident.Kelp stated that the current focus of work remains on protecting user asset security and strengthening the protocol itself. This incident is not only of critical significance to the project but also has enlightening value for the entire industry. The team will continue to disclose subsequent progress through official channels and thanks the ecological partners and community for their ongoing support.Previous reports indicated that the KelpDAO hacker has essentially laundered $175 million in ETH into BTC.

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."

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.

The Zcash core development team Zcash Open Development Lab (ZODL) founder Josh Swihart released the latest progress on Zcash, proposing a strategic direction centered on "post-quantum security, scalability, and user experience," and using the Artemis II lunar mission as a metaphor to emphasize achieving seemingly impossible goals through technological breakthroughs. The ZODL team stated that Zcash is entering the "Zcash IV" phase, which will build infrastructure similar to a "lunar base" to support the protocol and application security scaling to billions of users, while promoting the vision of privacy transactions without large-scale financial surveillance.On the product and technology front, ZODL continues to iterate, with its 3.3.x version now launched on iOS and Android, adding hardware wallet connection management, SDK upgrades, and multiple experience optimizations, while advancing key developments such as Keystone wallet functionality and address system upgrades (ZIP 316, UIVK/UFVK). Meanwhile, the Zcash core team has fixed multiple system issues and is advancing the development of the Zallet alpha version, while strengthening unified address standards and wallet interaction experiences, laying the groundwork for future scalability and performance improvements.In addition, ZODL disclosed that its application data continues to grow and participated in a stablecoin privacy summit to strengthen industry collaboration. However, due to upgrades in regulation and network restrictions, ZODL has temporarily removed its app from the Russian app store. The team emphasized that privacy is not an option but a fundamental need in the digital age, and will continue to accelerate delivery pace to promote the popularization of ZEC and ecological development in the future.

On the 12th, Iranian Islamic Parliament member Seyyed Mahmoud Nabaviyan, who is participating in negotiations between the U.S. and Iran, posted on social media listing three "excessive demands" made by the U.S., which he later deleted.These three points are: the U.S. demands to jointly share the benefits of the Strait of Hormuz with Iran; the U.S. demands that all 60% enriched uranium be removed from Iran; the U.S. demands that Iran not engage in uranium enrichment activities for the next 20 years.

The Iranian ambassador to Pakistan, Mughaddam, deleted his earlier post on the social media platform X on the 9th regarding the arrival of the Iranian delegation in Islamabad, Pakistan, on the evening of the 9th.Mughaddam had previously stated that despite Israel's repeated violations of the ceasefire agreement, at the invitation of Pakistani Prime Minister Shehbaz, the Iranian delegation would arrive in Islamabad on the evening of the 9th to engage in serious dialogue on the 10 ceasefire terms proposed by Iran.

According to the official blog, Circle's institutional-grade blockchain Arc has released a phased upgrade roadmap for post-quantum cryptography (PQ), planning to introduce post-quantum signature schemes at the launch of the mainnet, gradually covering full-stack layers such as private state protection, infrastructure hardening, and validator authentication.The Arc mainnet will support post-quantum signatures from the outset, using an opt-in mechanism that does not require mandatory migration or a full network reset, allowing users to independently create wallets with long-term security. The recent goal is to extend quantum resistance to the private virtual machine (VM) layer, protecting private balances, private transactions, and private payees, with public keys additionally encapsulated in a symmetric encryption layer under privacy mode.The mid-term plan is to advance the upgrade of the infrastructure layer, aligning with industry standards such as TLS 1.3, covering access control, cloud environments, and hardware security modules (HSM). The long-term goal is to complete the hardening of validator signatures. Given that Arc's block finalization time is less than 1 second, the current assessment considers the risk of quantum attacks in this phase to be relatively limited, and it will be steadily advanced after the post-quantum consensus toolchain matures.Circle also warns that attackers may adopt a "collect now, decrypt later" strategy, and institutions should plan their cryptographic migration paths as early as possible.

Coin Bureau posted on platform X that X product head Nikita Bier stated that there is no technology that can solve the spam issue under cryptocurrency posts, as about 80% of the activity is driven by bots.

Tether is pushing investors to participate in a new round of financing at an estimated valuation of about $500 billion. If market demand does not meet expectations, the fundraising process may be delayed.Reports indicate that the company has been exploring financing plans since last year, but some investors are cautious about the valuation. If this valuation is achieved, Tether's size will surpass most U.S. banks, second only to JPMorgan Chase. Previously, the company discussed raising about $15 billion to $20 billion through private placements, but the related plans still carry uncertainty.

According to official news, Gate Booster will launch the fifth phase of promotional tasks from April 3 at 14:00 to April 17 at 14:00 (UTC+8). During the event, users can sign up to participate in the CandyDrop posting task, publish an original piece of content related to CandyDrop on X (Twitter)/YouTube/Facebook, and submit the link. Upon approval, they will receive an 800 MEZO reward. The total prize pool for this event is 100,000 MEZO, and the rewards are limited, available on a first-come, first-served basis.As a promotional task and incentive platform launched by Gate, Gate Booster targets KOLs in the crypto industry, content creators, community builders, and promotional partners. With standardized task processes and a transparent reward mechanism, it continuously provides promoters with priority participation in official events and stable incentive support, helping to enhance the influence and commercial value of individuals and institutions in the Web3 field.

An executive from Bithumb stated that they will "focus on preparing for an IPO by 2027." CFO Jeong Sang-gyun mentioned at the company's annual shareholders' meeting that Bithumb is "strengthening accounting policies and internal controls" after signing an IPO consulting contract with Samjong KPMG. Previously, Bithumb had planned to go public in 2025.At the shareholders' meeting, CEO Lee Jae-won was re-elected for another two years. During his tenure, Bithumb faced a six-month operational suspension and a $24 million fine from South Korean regulators for allegedly violating anti-money laundering regulations.Additionally, another major exchange in South Korea, Upbit's operator Dunamu, also plans to conduct an IPO after completing a stock swap with Naver Financial, expected to take place in September.

The first batch of issuer licenses in Hong Kong was originally scheduled to be issued in March 2026, but it has not materialized as planned. A spokesperson for the Hong Kong Monetary Authority (HKMA) responded that the HKMA is fully committed to advancing the licensing process and will make announcements to the public at the appropriate time.Regarding who will obtain the first batch of stablecoin licenses in Hong Kong, the market has previously focused on two major Hong Kong dollar issuing banks, HSBC and Standard Chartered. HSBC has not publicly disclosed whether it has submitted an application for a stablecoin license. However, as early as mid-January this year, there were rumors in the market that HSBC had a good chance of obtaining the first batch of licenses. Currently, there is no clear official disclosure on why the issuance of stablecoin licenses has been delayed beyond the anticipated timeline.Individuals close to the stablecoin license applications revealed that the HKMA has been in close contact with the first batch of potential compliant licensees, and there are still proposed amendments regarding the issuance matters. In addition, the second batch of compliant stablecoin licenses in Hong Kong is also in the application process. Reliable sources indicate that Futu Securities and OSL Group are strong contenders for the second batch of licenses.

According to Gate market data, on Tuesday Eastern Time, the Dow Jones, S&P 500 Index, and Nasdaq all recorded their largest single-day gains since May 12 of last year. However, in March, the S&P 500 Index fell by 5.1%, the Nasdaq fell by 4.75%, and the Dow fell by 5.38%. The Dow ended a consecutive 10-month upward trend, marking its largest single-month decline since September 2022.

According to Jinshi News, Nomura Securities has postponed the Federal Reserve's interest rate cut expectations to September and December, citing new inflation risks arising from the Middle East conflict. Nomura's Chief U.S. Economist Jeremy Schwartz pointed out that the delay in the confirmation process for Federal Reserve Chair nominee Kevin Walsh is also a reason for his revision of the interest rate cut timetable. Although price pressures are viewed as transitory, the Federal Reserve may remain cautious in the short term, with policymakers still maintaining a preference for easing.

Musk stated that Grok has begun to automatically translate and recommend posts in other languages. Compared to the previous method that required manually clicking the translate button, the new feature can actively identify foreign language content and translate it before directly pushing it to the user's feed. Some users have reported seeing a large number of translated foreign language posts in their timelines.

Michael Saylor, the founder and executive chairman of Bitcoin Treasury Company Strategy, posted on social media, "It's time to put the laser eyes back on," sending a clear bullish signal."Laser eyes" was a symbolic mark of support for Bitcoin in the crypto community during the bull market, and this statement seems to express an optimistic outlook for Bitcoin's future.

Ripple CEO Brad Garlinghouse stated that the company expects to achieve a record first quarter driven by mergers and acquisitions, and mentioned that it has invested approximately $4 billion in the crypto ecosystem, including the acquisition of Hidden Road for $1.25 billion and the acquisition of GTreasury for about $1 billion.He also pointed out that the progress of digital asset legislation in the United States is slower than expected, with the CLARITY Act potentially being delayed from its original plan of April to May, and called for avoiding excessive politicization of regulation that could impact industry development.

According to the official announcement, Binance will postpone the listing of Tether Gold (XAUt). The launch of Tether Gold (XAUt), originally scheduled for March 26, 2026, at 21:30 (UTC+8), will be postponed to March 26, 2026, at 22:00 (UTC+8).

According to Cointelegraph, Google has set 2029 as the deadline for its post-quantum cryptography migration, warning that the threat of quantum computing may arrive sooner than expected.Google stated that the rapid advancements in quantum computing hardware and quantum error correction, along with updates to the timeline for quantum computers to break current encryption standards, have heightened the urgency for action. This is the first time Google has set a timeline for the deployment of post-quantum capabilities in its products, ahead of some industry predictions for "Q-Day." Google is developing its quantum chip Willow, which has 105 qubits and is one of the most powerful quantum processors currently available.